Shipping crisis puts German banks under pressure ... The flailing container shipping industry is a massive problem for state banks, particularly in northern Germany. Some fear that skyrocketing risk provisions may cost taxpayers billions of euros. A report published on Sunday by German public broadcaster ARD has suggested that the northern German states of Hamburg and Schleswig-Holstein may ha...Read More
Eric Coffin, editor of HRA Advisories, discusses shifting perspectives in 2017 and how they will affect markets.Read More
John Kaiser, editor of Kaiser Research Online, discusses the various models he looks for when evaluating a company.Read More
Joe Mazumdar, Co-Editor of Exploration Insights, discusses investment strategies.Read More
The Bre-X Minerals scam was practically made for the big screen. In 1997 many surely felt like they were living something out of a movie when 200 million ounces of "gold" evaporated from the Busang project in Indonesia, along with billions of investors' dollars and one Filipino geologist.Ripe with drama, the famous fraud is littered with greed, deception, high stakes, boardroom battles, lawsuits,...Read More
Part of the wonderful Annenberg series on American Poets, "Voices and Visions."They were immensely meaningful to me as a young poet trying to find his way.To buy DVDs of the series, go here: http://www.learner.org/catalog/extras...Read More
We need an alternative to Trump’s nationalism. It isn’t the status quo. The answer to neoliberalism's Waterloo cannot be the retreat to a barricaded nation-state and the pitting of 'our' people against 'others' fenced off by tall walls.The Guardian has suggested that progressive internationalism should be the antidote to populism around the world. It says that one cannot fight Trump's...Read More
We need an alternative to Trump’s nationalism. It isn’t the status quo. The answer to neoliberalism's Waterloo cannot be the retreat to a barricaded nation-state and the pitting of 'our' people against 'others' fenced off by tall walls.The Guardian has suggested that progressive internationalism should be the antidote to populism around the world. It says that one cannot fight Trump's...Read More
Investing.com - Gold ended higher on Friday, buoyed by the weaker dollar as the inauguration of Donald Trump as U.S. president fueled uncertainty about the direction of fiscal and economic policy.Gold for February delivery settled up 0.67% at $1,209.5 on the Comex division of the New York Mercantile Exchange.The metal was 0.75% higher for the week, helped by a broad weakening of the U.S. dollar.Th...Read More
SHANGHAI, Jan 22 (SMM)? 1/4 ?Nonferrous metals saw a mixed performance today. Nickel led gains with a 2% rise, followed by tin with a 1.4% gain. Zinc edged up 1% and copper and lead rose slightly. Only aluminium saw a decline today.Ferrous metals saw narrower rises. Coke rose 1.5% while rebar and hot-rolled coil moved higher slightly over 1%. Iron ore gained 0.7% while coking coal dipped...Read More
China’s refined copper output rises 16.7% on a yearly basis to 865,000 mt in December, setting a new high since February 2015, according to data released by the National Bureau of Statistics today.The article is edited by SMM and is provided for information purpose only. It does not mean SMM agrees with its views and SMM assumes no liability for accuracy of information contained or quoted in...Read More
SHANGHAI, Jan 22 (SMM)? 1/4 ?Copper: LME copper sees resistance and is expected to retrace further towards $7,000/mt. With weak spot demand and excess inventory, LME copper is expected to trade at $7,010-7,065/mt while SHFE 1803 is to trade at 53,100-53,650 yuan/mt. Spot discounts are to move at 150-100 yuan/mt today.Aluminium: We see LME aluminium trading at $2,200-2,230/mt to...Read More
Gordon heads to Spain to visit a sustainable sturgeon farm, and experiences first hand how much caviar Can be produced from just one fish. He then whips up a lobster and potato salad with truffle mayonnaise and caviar to top it all off. Indulgent.Gordon Ramsay Ultimate Fit Food: http://amzn.to/2FznHtkSubscribe for weekly cooking videos. If you liked this clip check out the rest of Gordon's channel...Read More
President Donald Trump's picks for his Cabinet appear to back up his campaign pledges to boost US oil and gas production and streamline infrastructure approvals.From the longest serving Texas governor in history to the former head of ExxonMobil, the administration may ultimately become the most oil and gas-friendly in decades.Confirmation hearings in the US Senate have been held for all of these n...Read More
As the book closes Friday, January 20, 2017, on President Barack Obama's two terms, here are the price averages during his tenure for some key commodity benchmarks, as well as the latest price. The commodities clock during President Donald Trump's tenure will start ticking in earnest on Monday, January 23, and S&P Global Platts will update the same running averages accordingly.Read More
Chile's President Michelle Bachelet has signed into law a bill that gives state-owned Codelco $975 million in fresh funds to help it cope with a recently passed "copper law," which forces the miner hand 10% of its revenues over to the armed forces.The bill, unanimously approved by both houses of congress, grants the world's largest copper producer $500 million, which come from the so-called 201...Read More
Investing.com - Gold prices edged higher on Friday, re-approaching a recent two-month peak as caution surrounding Donald Trump's future policies continued to boost demand for the safe-haven precious metal.On the Comex division of the New York Mercantile Exchange, gold futures for February delivery were up 0.40% at $1,206.15, not far from Wednesday's two-month high of $1,214.70.The February contrac...Read More
(Adds futures, company news item)Jan 20 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up 9 points at 7,217 on Friday, according to financial bookmakers, with futures FFIc1 up 0.06 percent ahead of the cash market open.* The UK blue chip index closed down 0.54 percent at 7208.44 points on Thursday, dragged down by British parcel and postal firm Royal Mail RMG.L , whose results were b...Read More