aroundworld24-blog

[aroundworld24-blog]

Gold Leads As Dow Dive Erases 2017 Gains

Gold Leads As Dow Dive Erases 2017 Gains

VIX is spiking (admittedly to just above 12) as US equity markets are tumbling following the path of the USD (biggest drop in 6 months). The Dow just gave up all its 2017 gains (with Small Caps -0.8% on the year) as gold leads all asset classes. Desk chatter is that this comment from The Fed sparked the initial anxiety…  HARKER: WHEN RATES AT 1%, NEED TO LOOK AT UNWINDING BAL SHEET   This is The…

[aroundworld24-blog]

“Disappointed” Fiat-Chrysler Responds To EPA Accusations

“Disappointed” Fiat-Chrysler Responds To EPA Accusations

Just days after Fiat-Chrysler's (FCA) commitment to Trump, the Obama administration's EPA has, as we previously noted, accused the carmaker of cheating on di4esel emissions tests (a la Volkswagen). FCA just responded, denying the charges. Fiat Chrsyler press release: FCA US is disappointed that the EPA has chosen to issue a notice of violation with respect to the emissions control technology…

[aroundworld24-blog]

‘Protectionist’ Obama Escalates Trade War, Slams China With Subsidized Aluminum Complaint

‘Protectionist’ Obama Escalates Trade War, Slams China With Subsidized Aluminum Complaint

With all the partisan narrative defining Trump as a tariff-setting, anti-trade, economy-buster, we thought it ironic that free-trade-wunderkid Obama just escalated trade wars by bringing his administration’s 16th trade-enforcement complaint against China with WTO, urging tariffs on subsidised Chinese aluminum, after accusing them of funneling artificially cheap loans from state-run banks to…

[aroundworld24-blog]

Leading French Presidential Candidate Le Pen Spotted At Trump Tower

Leading French Presidential Candidate Le Pen Spotted At Trump Tower

Update: Trump's spokesperson just confirmed: "Marine Le Pen is not meeting with any member of the trump transition team today." *  *  * As we detailed earlier, leading French presidential candidate Marine Le Pen, is in New York for an unexpected visit. While she has no public agenda to meet with Donald Trump, she has just been spotted there drinking coffee. "Le Pen, who leads in the latest…

[aroundworld24-blog]

Gen. Mattis: “Russia Is The Principal Threat To US Security”

Gen. Mattis: “Russia Is The Principal Threat To US Security”

The cold war is officially back. The Senate Armed Services Committee is currently hearing the testimony of retired Marine General James Mattis, picked by Donald Trump to take over the Department of Defense. Mattis retired from the US Marine Corps in 2013 after serving as the 11th commander of US Central Command, replacing General David Petraeus as the overseer of US operations in the Middle East…

[aroundworld24-blog]

A Well-Kept Open Secret: Washington Is Behind India’s Brutal Experiment of Abolishing Most Cash

A Well-Kept Open Secret: Washington Is Behind India’s Brutal Experiment of Abolishing Most Cash

Preface: Washington's Blog reached out to Dr. Haering after reading several excellent articles on India's cash ban.  Dr. Haering then combined the information into a single article for us. We lightly edited the article for spelling and grammar.   By Norbert Haering, a German financial journalist, blogger and PhD economist, who received the 2007 getAbstract Best Business Book award and the 2014…

[aroundworld24-blog]

13 Contrarian Economic Predictions For 2017

13 Contrarian Economic Predictions For 2017

Submitted by Jared 'The 10th Man' Dillian via MauldinEconomics.com, Everyone likes to compile lists of predictions for the new year. I don’t. Did you ever notice that when you look at all the failed predictions in any given December, what ended up happening was the opposite of what everyone predicted? Contrarian Economic Predictions Given that most predictions end up being wrong, why not just…

[aroundworld24-blog]

McDade to assume chief executive post at Tullow Oil Paul McDade will be appointed chief executive officer of Tullow Oil PLC following its annual general meeting on Apr. 26. He currently serves as chief operating officer.

[aroundworld24-blog]

Hess increases capital budget by 15% for 2017 Hess Corp. has set its 2017 capital expenditure budget at $2.25 billion, up from the $1.9 billion spent in 2016.

[aroundworld24-blog]

Oryx continues development in Iraq’s Kurdistan region Oryx Petroleum Corp. Ltd., Calgary, is moving ahead on a third appraisal well at Zey Gawra field in the Kurdistan region of Iraq.

[aroundworld24-blog]

U.S. Energy Industry Eager To Start Drilling On Federal Land

U.S. Energy Industry Eager To Start Drilling On Federal Land

The United States oil and gas industry is eager to tap into hydrocarbon deposits hitherto off limits thanks to President Obama’s energy policies. President-elect Donald Trump, however, has stated he would open up these territories for drilling as part of his stated efforts to stimulate the U.S. energy industry. This move, however, is likely to cause yet another outcry among environmentalists and…

[aroundworld24-blog]

Saudis Cut Even More: Oil Production Falls To 2 Year Low

Saudis Cut Even More: Oil Production Falls To 2 Year Low

Saudi Arabia has cut oil output to its lowest level in two years, reaching below 10 million barrels per day, Saudi Energy Minister Khalid al-Falih said on Thursday, jump-starting markets that have been jittery over whether OPEC countries will cheat on their output cut commitments. Saudi Arabia’s 10-million-barrel per day output is a more ambitious cut than it had promised as a part of this deal,…

[aroundworld24-blog]

Parsley Energy reorganizes management structure Parsley Energy Inc., Austin, has reorganized its management structure by creating executive officer, senior vice-president, and vice-president tiers, effective Jan. 5.

[aroundworld24-blog]

Cyprus settlement discussed by Britain, Turkey and Greece

Cyprus settlement discussed by Britain, Turkey and Greece

The foreign ministers of Britain, Greece and Turkey arrived in Geneva today in an attempt to thrash out a security deal for a settlement to reunite Cyprus that has been divided between Greek and Turkish controlled halves since 1974. The three post-colonial guarantor powers joined talks aimed at bringing peace to the island. For the first time in decades, the three countries were to address a 1960…

[aroundworld24-blog]

US Treasury sanctions 18 senior Assad regime officials

US Treasury sanctions 18 senior Assad regime officials

The United States Treasury today slapped sanctions on eighteen senior Assad regime officials following the results of a joint US-UN investigation that found that the regime had used industrial chlorine as “a weapon against its own people”. The Treasury has designated eighteen senior regime officials connected to Syria’s weapons of mass destruction development programme and connected five Syrian…

[aroundworld24-blog]

Spain’s Ibex down 0.2 Pct

Spain’s Ibex down 0.2 Pct

SPAIN’S IBEX DOWN 0.2 PCTThe material has been provided by InstaForex Company – www.instaforex.com The post Spain’s Ibex down 0.2 Pct appeared first on forexnewstoday.net.

[aroundworld24-blog]

Spain’s Ibex down 0.2 Pct

Spain’s Ibex down 0.2 Pct

SPAIN’S IBEX DOWN 0.2 PCTThe material has been provided by InstaForex Company – www.instaforex.com The post Spain’s Ibex down 0.2 Pct appeared first on forexnewstoday.net.