After last week’s ongoing and ridiculous soap opera with the Fed, one of the greats in the business sent King World News a fantastic piece warning that this is a bear market and the “buy the dip” crowd is headed for disaster, plus a bonus Q&A that includes questions on Ray Dalio and the end of the long-term debt cycle.
[Reuters] – Newmont Mining Corp’s Indonesian copper export permit, which expired on Tuesday, will not be renewed as the U.S. miner has failed to meet government stipulations for developing a domestic smelter, government officials said. Newmont, Indonesia’s second-largest copper miner, has to renew the permit every six months following an agreement with the government a year ago to develop local mineral processing facilities. “Newmont proposed an export permit extension and
Venezuela said Tuesday it is conducting military exercises in the eastern part of the country, a move neighboring Guyana denounced as an “extraordinary escalation” of an ongoing border dispute. Guyana’s President David Granger said his cabinet was meeting with military and police chiefs to craft a response to Venezuela’s movement of naval vessels and ground forces in the area. Venezuela has been pressing claims to Guyana’s Essequibo region, which encompasses
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Filed under: Home Improvement, Selling Getty Images By Meaghan O’Neill A home energy audit might not be at the top of your to-do list, but if you’re getting ready to sell your home, here’s why you should make it a priority. If you’ve ever been in the market to buy or sell a house, you’re probably familiar with a few key questions when it comes to utilities. Septic or sewer?
The right-hand man to a billionaire Chinese real estate developer arrested by U.S. authorities for smuggling $4.5 million into the country has admitted the money was used to pay people for “unlawful activities,” a federal prosecutor said. Jeff Yin, who worked for Macau developer Ng Lap Seng, made those statements during a post-arrest interview on Saturday with U.S. law enforcement, prosecutor Daniel Richenthal told a federal judge in Manhattan. “He
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[at MarketWatch] – Mining shares suffer broad declines, with a key commodities index dropping to its lowest level in about a month.
