Gold trading is a sign of many things – safe havens and risk aversion are typically among the top reasons. Therefore, with the Greek deal signed today – why did Gold move up? Traders believe that investors are not sure the deal will work – some accused the EU of “kicking the can down the [...]
This week Xi Jinping is busy tromping through the wilds of Iowa like some kind of purported Presidential candidate. Maybe he has heard that Iowa starts the process and thinks this might be a good way to cement his front runner status back home. More likely this is part and parcel of a more general [...]
The battle drags on and Europe continues to teeter on the brink. Every day it seems that a new wrinkle here or an adjustment there will yield the breakthrough desired and the whole of the Eurozone can go about its business. Then something falls through or someone throws a fit and the whole effort looks [...]
In an interview conducted with Unilever CEO Paul Polman by Gulf News, he said that he agreed with the assessment by the IMF that the world’s economy was in a “danger zone”. As the head of Unilever, a key Fast Moving Consumer Goods manufacturer (FMCG), it is one of the first to feel the[This content [...]
Continuing on something that appears to be a trend of late, the province of Guangdong, Hong Kong was hit by a shallow 4.2 magnitude quake last night. This is a bit surprising, but the quake was considered[This content is for MEMBERS ONLY. Please Subscribe to continue.]
Two different accounts of a geological event from last night have affected areas near Tokyo. Workers at a Sony facility reported that the quakes were very strong and there could have been as many as three. The US Geological Survey is reporting the 6.0 that most media outlets have picked up, but sources at the [...]
Australia has warned that its economic growth (because it is so wedded to Chinese demand for mining materials) is likely to experience slower growth in 2012. Australia’s Central Bank has lowered its forecast for GDP for the year from 4% to 3.5%. We use the Australian mining industry as an early warning[This content is for [...]
Rebel activity in South Sudan has cut off nearly all production of crude oil in the country. Although a small producer on a global basis, Sudan exports about 500,000 barrels a day – primarily destined for Japan and China. That will push both countries to the open crude market to try and purchase crude oil [...]
Sanctions could be having a major impact on not only the internal economics of Iran, but also the internal politics. Some of the hard liners that helped put President Ahmadinejad into power are now the same forces that are working to summon him to the parliament in the first move of its type since 1979. [...]
In one sense that is a silly question as the world has become well aware that China is capable of making some of the most sophisticated products and machines in the world. China is in the auto industry and it is making missiles that can take the Chinese to the moon. There is a high [...]
