Markets


Why US Crude Oil Production Reached a 13-Month High Why US Crude Oil Production Reached a 13-Month High
- April 02, 2017

Crude oil inventories at the Cushing, Oklahoma, delivery hub for USA crude futures rose 1.4 million barrels, the EIA said. The contracts have lost about 7% since the previous quarter, the worst quarterly losses since late 2015. Other oil exporters outside Opec, including Russian Federation, have also promised to cut production but so far those reductions have been limited. (more...)
UP CM Yogi Adityanath To Campaign For BJP In Gujarat Elections UP CM Yogi Adityanath To Campaign For BJP In Gujarat Elections
- April 02, 2017

Hindu seers and priests had earlier made elaborate arrangements and conducted a "yajna" and sacred purifying rituals at the sprawling Chief Minister's bungalow. According to The Hindu , the state government has asked the Uttar Pradesh police to constitute an "Anti-Romeo Squads" in 11 districts of Lucknow to prevent sexual harassment cases. (more...)
Trump Wants To Obliterate Obama's Signature Climate Change Policies Trump Wants To Obliterate Obama's Signature Climate Change Policies
- April 02, 2017

Trump, who famously called climate change a hoax in a 2012 tweet , on Tuesday signed an executive order that starts unraveling a raft of rules and directives to combat climate change. A copy of the bill is available HERE. "So we've penalized ourselves through lost jobs while China and India didn't take steps to address the issue internationally", Pruitt said. (more...)
Canadian troops operating in east Mosul as mission extended to June
- April 02, 2017

Tens of thousands of refugees have been fleeing the city to escape the fighting, and IS has been using civilians as bait for coalition air strikes to create a public outcry. United Nations chief Antonio Guterres appealed on Friday for more aid for the people of Mosul, as he visited a camp for Iraqis displaced by the battle to retake the second city from jihadists. (more...)
Westminster attacker named as 52-year-old Khalid Masood from Kent Westminster attacker named as 52-year-old Khalid Masood from Kent
- April 02, 2017

British police say six of the 10 people being held in connection with the attack near Britain's Parliament have been released without charge. In Birmingham, searches are continuing at a flat raided by armed police. The attacker, who used many aliases, had previous criminal convictions but none for terrorism. His most recent conviction was in 2003 for possession of a knife. (more...)
Lok Sabha gives nod to four GST supplementary bills
- April 02, 2017

He added that any introduction of new law must emphasize on how much convenient or comfortable it would be to the majority of the population which constitutes the poor families. "The GST council is India's first federal institution where sovereignty of the Centre and the states in relation to indirect taxes have been pulled in together in a federal institution". (more...)
Editorial, 3/31: Time to work together on health care
- April 02, 2017

However, in contrast with Trump, Hannity exempted the Freedom Caucus from that critique. "Where are @RepMarkMeadows , @Jim_Jordan and @Raul-Labrador? #RepealANDReplace #Obamacare ", he asked in another. So with four weeks to go, Trump and Republican leaders are trying to salvage priorities like his wall along the Mexico border and immediate increases in defense spending without stumbling into a politically toxic government shutdown in another month. (more...)
BOLD Alliance vows to stop Keystone XL once again
- April 02, 2017

Trump's State Department said the project advances USA national interests, in a complete reversal of the conclusion President Barack Obama's administration reached less than a year-and-a-half ago. The company has already acquired the steel, much of it from Canada and Mexico, and the White House has acknowledged it's too hard to impose conditions on a pipeline already under construction. (more...)
Nigeria Loses As US Oil Attracts More Buyers Nigeria Loses As US Oil Attracts More Buyers
- April 02, 2017

The increase in January followed USA output cuts in December, according to the EIA. "The initial liquidation in net long positions is a concern; it reflects weaker market confidence in oil prices, amid rising USA shale investment and production", said Cailin Birch, an analyst at the Economist Intelligence Unit. (more...)
SpaceX makes history by successfully reusing a rocket in latest launch
- April 02, 2017

A Falcon 9 rocket from SpaceX lifted off from the Kennedy Space Center in Florida to deposit the payload, a telecommunications satellite that will service Latin America, in the proper orbit. A historic feat for both Elon Musk and his team at SpaceX , the news was shared by the company's CEO on Twitter. It was not just about the savings, said chief technology officer Martin Halliwell. (more...)
Fellow inmate suspected of beating serial killer to death
- April 02, 2017

According to AOL, "JoEllen Smith, a spokeswoman for the Ohio Department of Rehabilitation and Corrections, and a Ohio State Highway Patrol incident report ", confirmed that Donald Harvey had died at approximately 9 a.m. Powell, a 44-year-old male by putting cyanide in his gastric feeding tube. Some patients were suffocated when he let their oxygen tanks run out. According to a police report an inmate came into Harvey's cell and assaulted him. (more...)
White House defends giving Ivanka Trump West Wing office
- April 02, 2017

Ivanka's attorney, Jamie Gorelick, told Politico that she still plans on following all ethics guidelines that apply to government employees. However, officials declared that Ivanka is no longer doing business and she just serves her father. (more...)
Feds deny bid to ban agricultural pesticide
- April 02, 2017

Chlorpyrifos is used as an insecticide against plant pests of numerous crops, including some meant for human consumption. US farms use more than 6 million pounds of the chemical each year - about 25 percent of it in California. Banned from home use for about 15 years, it is still allowed for agriculture uses so long as label instructions are followed. The Trump EPA has denied a petition from environmental groups to ban the pesticide chlorpyrifos. (more...)
Mover inside Traders Radar: The Coca-Cola Company's (KO)
- April 02, 2017

State Street Corp boosted its stake in The Coca-Cola by 2.4% in the fourth quarter. Price Target is basically a projection of future price of a company's stock by the expert analysis of investment analysts or investment firms. Equities analysts predict that Coca-Cola Company will post $1.91 EPS for the current year. The company also recently declared a quarterly dividend, which will be paid on Monday, April 3rd. (more...)
Trump's latest executive order threatens global campaign against climate change
- April 02, 2017

Trump's order targets more than a half-dozen Obama-era regulations in an effort to boost domestic production of fossil fuels. Trump's order does not reverse laws in 29 states that promote clean energy instead of coal. "Most big companies in the USA recognize that climate change is real", Geoffrey M. Heal, a professor at Columbia Business School, told Bloomberg . (more...)
Back At It: Uber Resumes Self-Driving Car Program After Weekend Crash
- April 02, 2017

Uber had kicked off its self-driving program in Arizona some time last month but before this crash, there were already several issues reported on the service. Ducey doesn't believe self-driving auto testing needs extra regulations because drivers can take over if something goes wrong, but his office said Monday after the accident that "public safety remains our top priority and we will continue to monitor the situation closely". (more...)
SpaceX successfully launches Falcon 9 reusable rocket
- April 02, 2017

A Falcon 9 rocket launches for the second time from Kennedy Space Center. This particular one was first launched in April 2016, and was put on the launchpad last night equipped with a communications satellite. Upgrades are planned to shorten that turnaround time to be measured in days and so that each rocket can be reused up to a dozen times. Re-using rockets will save on manufacturing costs. (more...)
Saudi Arabia Cut Crude Exports in January After OPEC Agreement
- April 02, 2017

NASDAQ reported that crude oil recovered to $48.69 on Friday. Part of the problem for oil producers is that there is an increase in supply. But OPEC's monthly report showed global oil stocks rose in January to 278 million barrels above the five-year average. (more...)
In Moscow, France's Le Pen Calls For 'Strategic Cooperation' With Russia In Moscow, France's Le Pen Calls For 'Strategic Cooperation' With Russia
- April 02, 2017

In turn, Le Pen, leader of France's far-right National Front party, criticized European Union sanctions against Russian Federation, calling them "unfair and silly", Tass reported . National Front treasurer Wallerand de Saint-Just said the trip is not for campaign fundraising, according to the Associated Press news agency. Le Pen stated that she spoke out for resuming the level of bilateral ties, including cultural ones, and to join forces to fight terrorism was considered necessary. (more...)
Which Mylan EpiPens Were Recalled? A New Voluntary Recall Has Been Issued Which Mylan EpiPens Were Recalled? A New Voluntary Recall Has Been Issued
- April 02, 2017

Mylan's new generic EpiPen is not part of the voluntary recall and has been deemed a suitable replacement for the potentially defective product. Pfizer, the drug company that produces EpiPen auto-injectors, is voluntarily recalling two lots because they may have defective parts. (more...)

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