LONDON (Reuters) – Scotland’s nationalist leader Nicola Sturgeon will consider “all reasonable options” if Prime Minister Boris Johnson tries to stop her from holding a referendum on Scottish independence, she said on Thursday. Sturgeon’s pro-independence, anti-Brexit Scottish National Party (SNP) won 48 of Scotland’s 59 parliamentary seats in last week’s UK-wide election, which she said …
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The U.S. sanctions aimed at derailing the Russia-led Nord Stream 2 gas pipeline from Russia to Germany came too late to have a meaningful effect on a nearly completed project, two senior U.S. Administration officials told Bloomberg on Wednesday. The U.S. Senate passed on Tuesday the National Defense Authorization Act (NDAA), a massive defense bill …
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U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 1.1 million barrels from the previous week. At 446.8 million barrels, U.S. crude oil inventories are about 4% above the five year average for this time of year. U.S. crude oil refinery inputs averaged 16.6 million barrels per day during the …
Continue reading “EIA Weekly Petroleum Report week ending December 13, 2019”
Inside the tent city that shames California where tiny strip of land provides squalid shelter for 3,000 homeless people HOMELESSNESS is a “crisis” in America, including at a tent city in California where hundreds of people live among rats and rubbish in a mile-long encampment. One resident, Kat MacKay, says she’s fed up with the …
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The American Petroleum Institute (API) has reported a huge surprise crude oil inventory build of 4.7 million barrels for the week ending December 11. Last week saw a build in crude oil inventories of 1.41 million barrels, according to API data. The EIA’s estimates reported a slightley smaller build of 800,000 barrels for that week. …
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Her proposal aims to curtail financial corruption and laundering schemes both domestically and internationally. Warren plans to target kleptocrats and those who use shell companies in the U.S. and abroad to avoid taxation and provide more government oversight for international transactions. “The flow of dark money puts good governance, the free exchange of ideas, and …
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Commentary in Russian with sub titles: English report on DW news: The US Congress passed a defence bill for 2020 on 11 December that includes new sanctions on contractors who are helping build Gazprom’s Nord Stream 2 pipeline. The curbs are aimed at preventing its completion, which is still expected this year. The US Senate …
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Charles Schwab’s (SCHW -0.4%) acquisition of Ameritrade (AMTD -0.2%) will likely take six to 10 months to gain regulatory approval, Morgan Stanley analysts, including Michael Cyprys, said in a note after talking with antitrust experts. Estimate probability of the transaction closing at higher than the 60%-70% that the market is pricing in; the lag in …
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LONDON (Reuters) – British Prime Minister Boris Johnson will use the prospect of a Brexit cliff-edge at the end of 2020 to demand the European Union gives him a comprehensive free trade deal in less than 11 months. In his boldest move since winning a large majority in last Thursday’s election, Johnson will use his …
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Boris Johnson announced on 17 December that he would legally ensure there would be no extension over trade negotiations with the EU after 2020. The British Pound Sterling dropped 1.25% in value by 10 am 17 December, over fears that the UK may still face a ‘hard Brexit’ (an exit from the EU without any …
Continue reading “Sterling and Shares Slide Amid Reports of Possible Hard Brexit”