Following the declines in crude oil prices two weeks back, during last week oil prices (WTI spot oil, future and Brent oil) didn’t do much and ended the week at a similar level they have started off. The turmoil in…
The recent news from the US report of a flood in the Mississippi river; the flood has reached Memphis but didn’t cause damage, and it moved south all the way to threaten Louisiana. The Mississippi river has risen by over…
According to the Statistics Bureau in Beijing, the Consumer Price index of China inclined during April by 5.3% (Y-2-Y). This inflation rate is above the expectations of China’s government target inflation rate of annual increase of 4%. At the current…
The situation in Syria only continues to escalate: yesterday Syrian armed forces including tanks conquered the Syrian city of Banias, located in the northern part of Syria, and attacked the protesters against the current ruling of President – Bashar al-Assad.…
I came across a post by Derek Thompson from the Atlantic about the main factors that affect the current crude oil prices. This is a good visual of the main factors that affect the current crude oil prices, even though…
The president of the United States, Barack Obama, announced to the world that the US forces located and killed the known terrorist Osama Bin Laden. The known terrorist was located in Pakistan. You can see here the announced of Barack…
Crude oil prices have continued to moderately rise during last week as the turmoil in the Middle East took another turn for the worst, and the U.S. economy didn’t show much progress. These news items may have contributed to the…
The recent news from Syria is that tanks and armored cars have entered civilian regions in Daraa, a city south of Syria. In the confrontations between the protestors against the regime of Syrian President – Bashar al-Assad and the Syrian…
The recent reports from Yemen are that President Ali Abdullah Saleh is to resign within a month in exchange for immunity against any future prosecution. The opposition has yet to agreed in fully for to terms of Saleh’s resignation; however…
There are reports of over 88 people dead in the violent protests in Syria that took place in many cities across Syria yesterday, Friday 22nd of April. The protests were against the regime of Syrian President – Bashar al-Assad. US…