Month: December 2015

Energy Price Deflation: Crude Dips 6% to 7-Year Low; Gasoline Below $1.50; Central Banks to Blame for What’s About to Happen
December 7, 2015 0

Energy Price Deflation: Crude Dips 6% to 7-Year Low; Gasoline Below $1.50; Central Banks to Blame for What’s About to Happen

By News Desk

At an informal meeting ahead of last Friday’s official meeting, Russia and Iran Rejected the Saudi Proposal . Saudi Arabia has long insisted it would cut production only if fellow OPEC members and non-OPEC countries joined in. The report quoted a senior OPEC delegate as saying the Saudis would agree to cuts if Iraq freezes production rises and Iran and non-members such as Russia, Mexico, Oman and Kazakhstan contribute.

France and Germany’s "Fight" Against the Islamic State
December 7, 2015 0

France and Germany’s "Fight" Against the Islamic State

By News Desk

The Washington Post’s article " Obama has strategy for Syria, but it faces major obstacles ," would blatantly report that: They [the US] will increase air operations in northern Syria, particularly in the Turkish border area to cut the flow of foreign fighters, money and materiel coming in to support the Islamic State.

Marine Le Pen’s National Front Ahead in 6 of 13 French Regions in First Round of Voting; Shock but Not Surprising; Stop Le Pen Movement Mounts
December 6, 2015 0

Marine Le Pen’s National Front Ahead in 6 of 13 French Regions in First Round of Voting; Shock but Not Surprising; Stop Le Pen Movement Mounts

By News Desk

This was a Historic Result for the National Front but it does need follow-through next week. France’s far-right National Front party appeared on course for a historic victory in the first round of regional elections on Sunday, winning more than 30 per cent of the vote and delivering a stunning blow to the country’s traditional parties.

"No Limit" to Economic Madness
December 6, 2015 0

"No Limit" to Economic Madness

By News Desk

So Mario Draghi followed up with a new pledge ‘No limit’ to ECB Action to Hit Targets . The ECB pledged on Thursday to continue its €60bn-a-month bond buying quantitative easing plan until March 2017 and cut a key interest rate to a fresh record low of minus 0.3 per cent. But the measures disappointed investors that have come to rely on Mr Draghi to smash expectations, with a broad market sell-off after the ECB failed to deliver deeper cuts and an increase in the pace of QE.

Passes belief
December 5, 2015 0

Passes belief

By News Desk

Fernando Leanme said… Off topic: as far as I can tell the El Niño event has peaked. I’m very happy to see my prediction was right