He said that rather than cast about for a new strategy, the US would intensify its current campaign of airstrikes and arming and training moderate forces.
Pylons supplying electricity to Crimea from southern Ukraine were blown up over the weekend, leaving much of the peninsula without power. “Locally generated electric energy meets the peninsula’s needs by 30%; all socially important facilities, the airport and...
In a $160-billion transaction, it plans to move its tax address from the U.S. to Ireland, if only on paper, by buying and merging into Allergan, a smaller, Dublin-based competitor.
The 19-commodity index, however, managed to settle just slightly lower after tracking oil’s steady finish, which came on the back of a pledge by Saudi Arabia to work toward crude price stability. WTI opened trading in NY at $39.95 per barrel.
CALGARY, Alberta-The government of oil-rich Alberta province in western Canada on Sunday pledged to phase out coal emissions by 2030, limit greenhouse gases from oil-sands production and implement an economywide carbon tax.
“We do not succumb to fear”, said Obama, according to ABC News. “Knowing that they can count on the most powerful country in the world to have their back, as they determine what’s necessary to strengthen homeland security in their own country but also to...
Recent national TV news video purportedly showed an aerial view of Russian bombers blowing an Islamic State-controlled oil refinery off the map and, in the process, cutting into that barbaric group’s terrorist funding apparatus.
United Auto Workers at Ford Motors, following an 11th hour push by union leadership, narrowly approved a new contract putting in place the third and final labor agreement between Detroit’s “Big Three” and the autoworkers union.
Pfizer plans to move its tax address from the U.S. to Ireland, if only on paper, by buying and merging into Allergan, a smaller, Dublin-based competitor.
The deal was passed by a slim 51.4 per cent margin, according to the union, late yesterday with 51.3 per cent of production workers voting for the deal, while 52.4 per cent skilled trades said “yes”.
Morgan Stanley’s commodities research team said they expected to see a rise in the physical market towards the end of the year, as refinery margins remain robust and maintenance schedules for next month are expected to be light.
Oil prices could plunge to the lows of mid-$20s a barrel next year if OPEC doesn’t change its policy to stabilize the market, said Venezuelan Oil Minister Eulogio Del Pino. While a few discount the measure’s usefulness, others in the market use it as a gauge of how...