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China prepares its ‘nuclear option’ in trade war

2 days ago NAMEX Comments Off on China prepares its ‘nuclear option’ in trade war
As the trade war continues to escalate, China is becoming increasingly active in Iran and is considering retaliating with what has long been described as the country’s ‘nuclear option’. For the first of these projects – Phase 11 of the supergiant South Pars non-associated gas field (SP11) – last week saw a statement from the chief executive Read More

China prepares its ‘nuclear option’ in trade war

2 days ago NAMEX Comments Off on China prepares its ‘nuclear option’ in trade war
As the trade war continues to escalate, China is becoming increasingly active in Iran and is considering retaliating with what has long been described as the country’s ‘nuclear option’. For the first of these projects – Phase 11 of the supergiant South Pars non-associated gas field (SP11) – last week saw a statement from the chief executive Read More

Matthew Brodsky: Tlaib, Omar don’t deserve sympathy for being barred from Israel – They deserve condemnation

2 days ago NAMEX Comments Off on Matthew Brodsky: Tlaib, Omar don’t deserve sympathy for being barred from Israel – They deserve condemnation
Rep. Rashida Tlaib’s decision Friday to refuse to visit her grandmother on the West Bank unless she could use the trip to campaign for the anti-Israel Boycott, Divestment and Sanctions (BDS) movement proves that the goal of her trip was to generate anti-Israel propaganda. Israeli Interior Minister Aryeh Deri tweeted that he granted the Michigan Read More

Stocks buoyed by stimulus hopes but still head for third losing week

3 days ago NAMEX Comments Off on Stocks buoyed by stimulus hopes but still head for third losing week
LONDON (Reuters) – World stocks rose on Friday as expectations grew of further stimulus by central banks, offsetting worries about slowing economic growth, which intensified this week as the U.S. yield curve inverted for the first time since 2007. FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain, Read More

Asia shares take heart in stimulus speculation

3 days ago NAMEX Comments Off on Asia shares take heart in stimulus speculation
SYDNEY (Reuters) – Asian shares found some footing on Friday after a turbulent week as China hinted at more support for its economy, amid growing expectations of aggressive stimulus from all the major central banks. FILE PHOTO: An investor looks at an electronic board showing stock information at a brokerage house in Shanghai, China September Read More

Asia stocks take heart in stimulus speculation

4 days ago NAMEX Comments Off on Asia stocks take heart in stimulus speculation
SYDNEY (Reuters) – Asian shares found some footing on Friday after a turbulent week as China hinted at more support for its economy, amid growing expectations of aggressive stimulus from all the major central banks. FILE PHOTO: An investor looks at an electronic board showing stock information at a brokerage house in Shanghai, China September Read More

Crude oil futures nudge lower amid stock build, recession fears

5 days ago NAMEX Comments Off on Crude oil futures nudge lower amid stock build, recession fears
Singapore — Crude oil futures traded lower during mid-morning trade in Asia Thursday, following a build reported in US crude stocks and weak global economic data. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now At 10:30 am in Singapore (0230 GMT), ICE Brent October futures were down 36 cents/b Read More

Bankruptcy filings by U.S. energy producers pick up speed: law firm analysis

5 days ago NAMEX Comments Off on Bankruptcy filings by U.S. energy producers pick up speed: law firm analysis
HOUSTON (Reuters) – Bankruptcy filings by U.S. energy producers so far this year have already nearly matched the total for the whole of 2018, law firm Haynes & Boone reported on Wednesday, as volatile oil and gas prices drive companies to seek protection from creditors. A total of 26 firms with debts totaling $10.96 billion Read More

Markets register a shock, but is Trump right to blame the Fed?

5 days ago NAMEX Comments Off on Markets register a shock, but is Trump right to blame the Fed?
WASHINGTON (Reuters) – It takes a lot to kill an economic expansion, typically requiring a major shock to bring growth to a halt and trigger a U.S. recession. FILE PHOTO: The Federal Reserve Board building on Constitution Avenue is pictured in Washington, U.S., March 27, 2019. REUTERS/Brendan McDermid This week investors signaled that moment may Read More

UPDATE 7-With economic storm breaking, Argentina’s Macri announces relief measures

5 days ago NAMEX Comments Off on UPDATE 7-With economic storm breaking, Argentina’s Macri announces relief measures
BUENOS AIRES (Reuters) – Argentine President Mauricio Macri on Wednesday unveiled a package of welfare subsidies and tax cuts for lower-income workers to lessen the impact of an economic crisis just months before a re-election bid, but his announcement did not halt the peso currency’s collapse. Amid signs that Argentines are already cutting back on Read More