Monday, 24 April 2017
Latest news
Home » Finance


Protesting Tamil Nadu farmers drink urine


They are protesting to demand a drought relief package of Rs 40,000 crore, farm loan waiver and setting up of Cauvery Management Board by the Centre. They are ready to go to any extent to have their demands fulfilled, but seeing that the government is doing very little in their favour they are taking up drastic methods of persuasion to get drought relief funds and have their loan waived off. Read More »

Local Conservatives Welcome General Election


May has said a successful election for her would be a vote of confidence in her government's key objectives of establishing more control over the UK's laws, finances and borders. If current opinion polling is replicated at the ballot box, the Tories will win 375 seats - nearly double the 189 the Labour Party would win. "They underestimate our determination to get the job done and I am not prepared to let them endanger the security of millions of working people across the country". Read More »

Trump ties China currency decision to help with North Korea


Bush's and President Barack Obama's administrations, risks sending a unsafe message to United States allies and adversaries alike and sending the USA tumbling down a slippery slope. "We will see what happens!" Losing that surplus would be a huge blow to the Chinese economy, leaving them plenty of motivation for what Morris speculates - they're using the North Koreans to get Trump off their backs. Read More »

With North Korea, we have leverage we can use


Vice foreign minister Han told the Associated Press last week that North Korea was prepared to handle a war with the U.S. U.S. Defense Secretary James Mattis said last month China's territorial spat with other Asian countries in the South China Sea was "China shredding trust as they adopt a tribute-nation kind of approach where all other nations have to pay tribute or acquiescence to the more powerful nation, the larger nation". Read More »

US rig count rises 10 this week to 857; Texas up 6


That is more than double the same week a year ago when there were only 343 active oil rigs. It was the 14th straight week the oil rig count has grown and the 24th week in the past 25. The latest Baker Hughes North American rig count for the week ending April 21st increased to a total of 857 from 847 the previous week. In contrast to solid gains over the previous two weeks, there was an increase of only 1 rig for the Permian Basin to 340, although with a sharp increase from 136 in April 2016. Read More »

Oil prices flat as IEA report counters higher USA output

The Organisation of the Petroleum Exporting Countries agreed to cut output by about 1.2 million barrels per day for six months from January 1 to prop up prices and reduce a glut. The data however did show an unexpected drop in overall US crude inventories, which fell in the week by 2.2 million barrels as imports declined by 717,000 barrels a day. Read More »

North Somerset's MPs vote in favour of June General Election


Britain's most recent general election was in 2015 and before the April 19 vote, the next one was to have been held in 2020. The president of the European Parliament says he and British Prime Minister Theresa May agree that the rights of EU nationals living in the United Kingdom need to be secured as quickly as possible in Brexit negotiations. Read More »

Trump Says He Will Release A Tax Reform Package Sometime Next Week

The second executive order instructs Mnuchin to review "the damaging Dodd-Frank regulations" that hold back Wall Street firms, Trump said . Trump has previously set other dates for releasing news about his plan for tax reform, something financial markets have eagerly anticipated for some time. Read More »

Ivanka Trump involved in possible conflict of interest


Many American libertarian figures ultimately supported Trump's presidential bid in 2016, including Paul, Massie, columnist Ilana Mercer, the Mises Institute's Walter Block and Tom DiLorenzo, the Competitive Enterprise Institute's Myron Ebell, billionaires Peter Thiel and Andy Beal, and The Liberty Conservative's own editor-in-chief Gavin Wax. Read More »

Tory election victory will give Britain leadership and stability - May

The UK will being going ahead with its 8 June election after MPs supported the early election with 522 votes to 13. Labour has not yet said what role Blair will play in the party's election campaign. "I want this country to be able to play the strongest hand possible in those negotiations to get the best possible deal because that's in our long-term interests". Read More »

United CEO says no one will be fired after passenger dragged


United Airlines is going to Washington face even greater scrutiny over the embarrassing saga of a 69-year old man being dragged off one of its planes. Three staff members had been suspended over the incident. Mr Munoz's early statements on the incident were widely criticised. While the CEO of the airline called Dao " disruptive and belligerent ", the company's shares fell by 6.3% - which was a whopping $1.4-billion in real money. Read More »

Jeremy Corbyn rules out second Brexit referendum

May said that opponents were intent on "frustrating the Brexit process", even after Parliament authorized talks with the EU. Facing steep odds and low popularity ratings, Britain's main opposition leader launched his election campaign on Thursday, painting himself as a populist outsider who will overturn a "rigged" political and economic system. Read More »

Capitals beat Maple Leafs, even series at two

The Capitals survived a scare when captain Alex Ovechkin left the game late in the first period with an apparent left leg injury, but he returned in the second. Tonight, I thought we were better for the whole 60, really. "Holtby came up pretty big on some saves and you've got to credit them with some pretty good structure there". Read More »

BP workers discover "uncontrolled gas release" at North Slope well house

According to Bloomberg, BP is now "putting together a plan to plug the gas leak". "A Forward Looking Infrared overflight shows that the crude spray plume did not leave the pad; however, the situation is not safe yet for responders to access the area and confirm that there have been no impacts to adjacent tundra". Read More »

It's the ex-factor as Fox News drops star


Carlson sued Roger Ailes, alleging harassment and retaliation, in July, 21st Century Fox reached a $20 million settlement with her and issued a public apology. " This decision follows an extensive review done in collaboration with outside counsel ", 21st Century Fox said in an email to employees, which was obtained by CNN . Read More »

Netflix nears 100m users but misses Q1 sign-up target

While we project net subscriber growth to slow, the current results were surprising in light of the strong 1.93 million total net adds in the the previous quarter. Amazon will reportedly spend $4.5 billion on original content, which, again, seems like an astronomical figure when you consider Amazon Prime Video doesn't have the same volume as Netflix when it comes to their original content. Read More »

Now it's lawmakers' turn to drag United executives before Congress

The Chicago-based United Airlines airline is reviewing policies with regard to handling oversold flights to prevent similar incidents, and talking to some passengers and employees on how the airline can take a more "common-sense approach". Dao lost two teeth and suffered a concussion and broken nose during the incident, his lawyer, Thomas Demetrio, said. He also promised that such incident would never happen again, and that they would treat their customers with dignity. Read More »

Oil Slips as US Gasoline Stockpiles Climb, Crude Supplies Drop

USA crude for May delivery recently traded up 2 cents, or 0.04%, to $50.46 a barrel on the New York Mercantile Exchange. In 2017, demand for OPEC crude is projected at 32.2 mb/d, around 0.6 mb/d higher than the 2016 level. Citi analysts say the increase in United States shale production should be offset by extending production curbs agreed between the Organization of the Petroleum Exporting Countries (OPEC) and other major exporters led by Russian Federation. Read More »

USA 'not looking for fight' with North Korea

Tensions between the secretive communist state and the U.S. have ratcheted up in recent weeks and the USA leader recently boasted that he had dispatched an "armada" to the waters off the Korean peninsula. calls a KN-17. North Korea's state media has threatened to turn the U.S. mainland into "ashes" with its "super-mighty preemptive strike " as the nuclear stand-off between Washington and the reclusive state continues. Read More »

2 more officers on leave after doctor yanked from United flight


Fellow passengers captured footage of the officers seemingly slamming Dao against an armrest before dragging him along the floor down the aisle and off the plane. Those documents are often the first steps toward a lawsuit. Also Wednesday, a Chicago alderman said representatives from United and the city's Aviation Department have been summoned before a city council committee to answer questions about the confrontation at O'Hare Airport. Read More »

Senate confirms Trump pick Neil Gorsuch to Supreme Court


WASHINGTON - The Senate has confirmed Supreme Court nominee Neil Gorsuch, bringing a contentious 14-month partisan battle to a close after the death of Justice Antonin Scalia . But Democrats accused him of giving evasive answers during his confirmation hearing, and claimed his past rulings showed a tendency to favor business interests over workers. Read More »