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OPEC Faces 'Mortal Threat' From Electric Cars
Wednesday, December 23, 2015 - 2:51pm | 313OPEC released on Wednesday its long-term forecast in which it sees the price of oil rebounding to $95 per barrel by 2040. The Telegraph's Ambrose Evans-Pritchard described OPEC's report as a "remarkable document" as the organization "refuses to see the writing on the wall...
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China: As If One Bubble Wasn't Enough...
Friday, August 2, 2013 - 12:29pm | 733China's future, oddly enough, looks much like the U.S.' past. Fossil fuels, housing and credit have never been more accessible or in higher demand. Once again, no one read the fine print: this is unsustainable. The extent of damage control possible is now a speculative bubble all its own. Here'...
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Ambrose Evans-Pritchard: 'Italy Could Need EU Rescue Within Six Months'
Tuesday, June 25, 2013 - 9:16am | 695So read Ambrose Evans-Pritchard's column in the Telegraph Tuesday morning. The headline relates to a report issued from Italy's second-largest bank, Mediobanca, that the Italian financial situation is deteriorating quickly and that Italy may need another bailout in less than six months. 1992 All...
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Benzinga Market Primer: Tuesday, June 25: Housing In Focus
Tuesday, June 25, 2013 - 6:23am | 1093Futures Bounce On Renewed Stimulus Hopes U.S. equity futures rose in early pre-market trade on renewed hopes of monetary stimulus in the U.S. as two Fed Presidents reiterated that tapering does not equal a switch to tight monetary policy. Minnesota Fed President Naryana Kocherlakota issued an...