With crude oil surging over 4 percent and global bond markets continuing to get hit, today one of the greats in the business sent King World News a fantastic piece warning that the global bond market rout in bonds is eerily reminiscent of the period that lead up to the 1987 stock market crash, plus a bonus Q&A that covers central banks losing control.
Venezuela on Tuesday demanded that neighboring Guyana halt oil exploration being carried out by Exxon Mobil Corp in disputed offshore territory in an escalation of a long-running border dispute between the two South American nations. Exxon last month said it found oil off Guyana’s coast, spurring complaints from Caracas that Guyana is unfairly exploiting a disputed territory that must be negotiated through a mechanism created via a 1966 treaty signed
House Republicans are proposing a spending bill that cuts the budget at the Environmental Protection Agency by 9 percent and tries to prevent the Obama administration from enacting several regulations. …
By Martinne Geller LONDON (Reuters) – Before Hon Lik invented the e-cigarette, a device now shaking up the Big Tobacco industry, he was a pharmacist in China struggling to quit a two-to-three pack a day smoking habit. Once in 2002, Hon forgot to remove a nicotine patch from his stomach before bed and had nightmares all night.
Swedish health care authorities are warning young travellers this summer against sexually transmitted diseases (STDs) by posting cheeky messages on airport toilet seats, a project leader said on Tuesday. Starting June 15, travellers using the loos at airports in central and southern Sweden, including Skavsta airport outside Stockholm, will be greeted with a message on the toilet seat that reads: “You won’t catch chlamydia here. If we were to display
Restrictive abortion laws in Ireland are risking the lives of pregnant women, Amnesty International said Tuesday, as it launched a campaign to encourage Dublin to change the legislation. Abortion is allowed only when there is risk to the life of the mother —- rather than just her health. The ban is applied even in cases of rape, incest and fatal foetal abnormalities.
