US urges oil output boost to ease prices
US Deputy Secretary of Energy Daniel Poneman attends the International Energy Forum (IEF) © AFP Fayez Nureldine AFP RIYADH (AFP) – US Deputy Secretary of…
Finance
Oil Hits 2.5-year High on Arab Revolts
Libyan Oil Tanker (Wiki Commons M. Elhaif) Activist Post As the Libyan revolt convulses into the bloodiest protest in the Arab world, oil reached its highest…
Silver Rises to a 30-Year High as Mints Start to Ration Coins
Jack Farchy Financial Times Silver jumped to a 30-year high amid record levels of investor buying that has drained mints of silver coins. The price…
Bernanke urges G20 to tackle volatile cash flows
© AFP Patrick Kovarik AFP PARIS (AFP) – The torrent of cash flowing into emerging markets is a challenge to global economic stability, Federal Reserve…
Oil rises to $104 a barrel
The price of oil flirted with two-and-a-half-year highs amid fresh concerns about tensions in the Middle East. Ben Harrington Telegraph Brent crude rose above $104…
World Bank: Food prices at “dangerous levels”
Dees Illustration Christopher Leonard AP/Yahoo ST. LOUIS – Global food prices have hit “dangerous levels” that could contribute to political instability, push millions of people…
US unveils housing market overhaul
© AFP/Karen Bleier AFP/Activist Post WASHINGTON (AFP) – The Treasury Department proposed Friday to set a mandatory 10 percent down payment for US home buyers…
Get ready for higher food prices
Telegraph image David Hendee Omaha.com Warnings of higher food prices headed for American supermarkets and restaurants were swallowed easily across much of farm country Wednesday….
Saudi oil reserves ‘overstated by 40%’
WikiLeaks cables: Saudi Arabia cannot pump enough oil to keep a lid on prices John Vidal Guardian The US fears that Saudi Arabia, the world’s…
How Banks and Investors are Starving the Third World
“What for a poor man is a crust, for a rich man is a securitized asset class.”–Futures trader Ann Berg, quoted in the UK Guardian….
Should you pay your mortgage?
Huffington Post WASHINGTON — Nearly one in every four homeowners across the country owe more on their home than it’s worth. Once a month, those…
Go Global, Before It’s Too Late
David Galland, Managing Director Casey Research It has been years since I last watched The Matrix, a lapse I corrected last night. As the movie…
Oil breaks through $103 on Egyptian crisis
Breitbart/AFP World oil prices extended their gains in Asian trade Thursday after the political crisis in Egypt erupted into violence. At least two people were…
Global food prices hit new record high
Global food prices have hit a new record high, amid fears that the escalating cost of bread and meat is adding to the turmoil in…