The global oil price rout has left many oil producers reeling across the world. From Canada to Norway, Saudi Arabia to Russia, none of the world’s largest oil exporters have been spared from oil prices that declined 45 per cent last year alone.
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FRA Co-founder Gordon T. Long delineates political developments and their consequences on the global economy with Martin Armstrong, founder of Armstrong Economics.
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Beaver Hills, an area just 15 minutes east of Sherwood Park, was recently designated as a United Nations Educational, Scientific and Cultural Organization (UNESCO) Biosphere.
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After the stock market crash of 1987, The Federal Reserve embarked on a path that led to the biggest debt bubble in the history of the world. The day after the 1987 crash (Oct. 20, 1987) Alan Greenspan, Chairman of the Fed, announced to the world that The Fed stood ready to provide whatever liquidity was needed by the banking system to prevent the crash from turning into a systemic financial crisis. That was the day the Fed “put” was born.
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Canada’s economy expanded for the fourth consecutive month in January, as the country’s gross domestic product grew by 0.6 per cent from December.
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Some downtown businesses are struggling to get on board with the town market idea council is pushing for.
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Small countries continue to dominate the list of the richest countries in the world, while the top three remain unchanged from 2015, according to an analysis by Global Finance Magazine.
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Brent traded higher and U.S. crude seesawed on Thursday amid dollar weakness, though another rise in American crude stocks renewed concerns about global oversupply.
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Most analysts shy away from making forecasts. They don’t want to take a chance of being wrong. So they end up talking out of both sides of their mouth. Or worse, they give you a bunch of mumbo-jumbo leaving your head spinning trying to figure out what they are saying.
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After staging a 50 percent rally between February and March, oil prices have bounced around, moving up or down on a given day depending on the news cycle.
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