Oil Futures are down again this Monday morning after the newest reports show that the US has deployed 6 more drilling platforms, while OPEC continues record output. Countries who rely on oil exports for a significant amount of tax revenue have been pummelled; Canada is struggling to keep its promise of a balanced budget, Norway Read More…

In a game of Tit-For-Tat, Russia banned imports of most food from Western Europe last year after Europe imposed sanctions on Russia for the invasion of Crimea. However, distributors from Eastern European countries, particularly Belarus, have been trying to circumvent the ban, smuggling or re-packaging Belgian, French, and German food and shipping it to waiting Read More…

Crude oil futures and Apple stock both took a big hit on Tuesday as weak demand for oil coupled with an unexpected drop in Apple stock. The weakening of the price of Oil is somewhat expected; Summer is usually when global demand is at its highest, and with Fall approaching the markets expect demand, and Read More…

Russia is the world’s top energy exporter, extracting and selling billions of barrels of crude oil and natural gas; a huge amount of the national budget (and therefore the method of payment for social services, the military, and much more) is paid for on taxes on these fossil fuels. So there are few countries that Read More…

Facebook released its 2nd quarterly earnings yesterday, with some big shocks followed by a drop in stock prices. Facebook has grown at an almost unprecedented pace since inception, and now their growth problem is that almost everyone already has a Facebook account, so they need to target other opportunities outside their core browser application and Read More…

Barclay’s financial analysts are regarded as some of the best in the world; it is no coincidence that they are one of the most respected capital management firms around. Usually when they make a recommendation, there is a good reason. Today they have made a recommendation that came as a surprise; Google ([htmwquote]GOOG[/htmwquote]), Facebook ([htmwquote]FB[/htmwquote]), Read More…

Just a few years ago Gold was considered one of the safest investments one could make; politicians were arguing to resume backing US currency in Gold, “Cash For Gold” commercials and pawn shops sprouted up across every corner of the United States, and investors were putting more and more money into the precious metal as Read More…

GlaxoSmithKline, also known as Glaxo, or GSK, is one of the world’s leading pharmacutical manufacturers, producing billions of dollars of medication per year. Since 1987, they have been working on the development of a vaccine for Malaria, one of the world’s deadliest diseases. Malaria is thought to have killed more humans than any other cause Read More…

General Motors (Click Here for Quote) has doubled its year-on-year earnings, thanks mostly to a huge uptick in demand for its trucks. The auto maker has long paid off its loans from the government taken out during the financial crash, and has been rapidly expanding in foreign markets over the last few years. Specifically, China Read More…

Some of the biggest oil producers in the United States are starting to get into bigger and bigger trouble as they have been struggling to cope with the crash of oil prices in the last few years. Across the middle of the United States, between Texas and North Dakota, shale oil drilling and extraction, known Read More…