Economy

Economy

The latest Economy News from the Web, breaking news on the global and UK economy and international investments .

Find the economic latest news and headlines, as well as blogs and video from all the relevant news sites.

Saudi-led Coalition Destroys Houthi Boats Threatening Oil Tanker

Authored by Tsvetana Paraskova via OilPrice.com, The Saudi-led Arab military coalition destroyed on Wednesday two boats of the Iran-aligned Houthi rebels threatening a commercial oil tanker in the Red Sea, the United Arab Emirates’ (UAE) state news agency WAM reports. The UAE Armed Forces, as part of the Arab Coalition Forces, destroyed two boats of the Houthis militias who were threatening one of the commercial oil tankers in the Red Sea, while two other boats managed to escape, WAM reported, without…

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France: Macron Buries Plan To Rehabilitate ‘No-Go Zones’

Authored by Soeren Kern via The Gatestone Institute, Initial reaction to Macron’s speech was one of nearly unanimous disappointment over a missed opportunity. “We were expecting concrete policies,” said the mayor of Aulnay-sous-Bois, Bruno Beschizza. “For now, there is nothing practical. I came out empty-handed.” An estimated six million people – around one-tenth of France’s population – live in 1,500 neighborhoods classified by the government as Sensitive Urban Zones (zones urbaines sensibles, ZUS), priority targets for urban renewal. Back in…

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End Of Unipolar World Looms As ‘New World Order’ Responds To US Demands On Iran

Authored by F. Michael Maloof, op-ed via RT.com, If Mike Pompeo’s ultimatum to Iran, after US withdrawal from the Iranian nuclear deal, was fulfilled it would inflict economic warfare on the country and set up Tehran for failure while reasserting a US-led unipolar world order. However, it is doomed to failure. As Iranian President Hassan Rouhani pointed out following the US Secretary of State’s declaration mirroring the views of President Donald Trump’s new national security adviser, John Bolton, the era when the…

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In The Wake Of Mass-Shootings, Parents Reconsider Mass-Schooling

Authored by Kerry McDonald via The Foundation for Economic Education, In the wake of recent tragic school shootings, anxious parents are contemplating homeschooling to protect their children. After February’s school shooting in Parkland, Florida, the Miami Heraldreported that more parents were considering the homeschooling option. And after Friday’s disturbing school shooting in Santa Fe, Texas, a local ABC news affiliate in Alabama reported the increasing appeal of homeschooling. “If I had the time, I would teach my kids myself, and I would know that…

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Drought Conditions In The Southwest Are Already Being Compared To The 1930s’ Dust Bowl

Authored by Michael Snyder via The American Dream blog, The worst drought to hit the Southwest in decades continues to grow even worse, and many are already comparing this current crisis to the Dust Bowl days of the 1930s. Agricultural production is way down, major rivers are running dry, and horses are dropping dead from a lack of water. The epicenter of this drought is where the states of Utah, Colorado, Arizona and New Mexico all come together, but it…

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CNBC: Trump-Russia Ties – The Big Picture

CNBC: Trump-Russia Ties – The Big Picture ‘);//–> } May 24, 2018 5:00pm by Barry Ritholtz John Harwood does an outstanding job putting all of the issues into context: Trump’s in-plain-sight embrace of Russia gets obscured by the Trump news avalanche. But long before running for president, Trump relied on Russian money. Trump also consistently defends Russia and attacks U.S. officials investigating Russia.    The Trump-Russia ties hiding in plain sightSource: CNBCSource: CNBC  Previous Post Oil Production vs. Oil Prices…

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Why I’m Leaving Marquette University

Authored by Zachary Petrizzo via Campus Reform, I am leaving Marquette University due to the rampant political bias on campus and the school’s growing separation from the Catholic Church. When I made the decision to attend college, I wanted to be a part of a community of learners that pushed boundaries, yet still held the values of the Catholic Church in high regard. I applied to many types of schools—East and West coast, large and small, with many in the…

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8 Best Long Term Investment Products To Consider [+A Few Warnings]

There’s an almost constant investment push-pull going on between safety and growth. Safety offers protection of principal, but not much future potential. In fact, with today’s interest rates, safe investments can lose money through inflation. That’s where growth becomes necessary. It has risks, but the best long-term investments will overcome those risks, and grow your money many times over. Why Long-Term Investments Need to be Just That If short-term investing is about capital preservation, long-term investing is about wealth creation.…

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Which countries have the most to lose?

The possibility of a new US tax on imports of cars and auto parts is a threat to the global auto industry. But some have more to lose than others. Aside from American drivers, who would have to pay more for new vehicles, many big automakers would suffer dearly if the US follows through on a threat to impose tariffs on imported cars, SUVs, vans, light trucks and automotive parts. The Wall Street Journal reported President Donald Trump could seek…

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Mattis Tells Air Force Graduates To “Prepare For War”

It was supposed to be a joyous occasion, marking the commencement of a new and better phase in the life of nearly 1000 graduates. Instead, Defense Secretary Jim Mattis told the 984 new lieutenants who are graduating from the U.S. Air Force Academy to prepare for the worst: war. On Wednesday night, Mattis spoke at the graduation ceremony on the campus outside Colorado Springs and told the 2018 graduates they must be ready to fight and win. The Pentagon chief also…

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