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COLUMN-The U.S. oil pipeline glut is upon us: Campbell
ReutersBy Robert Campbell NEW YORK, May 9 (Reuters) - For two years the dominant story in the North American oil market has been a shortage of pipeline capacity, leading to the buildup of gluts of oil as producers cannot get their crude to market. That era is...Tags: Plains All American Pipeline LP, Shipping Service, BP Plc, Upstream Oil and Gas Activities, Politics
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Bundesbank's Weidmann warns Europe against easing reform efforts
ReutersBERLIN (Reuters) - Bundesbank chief Jens Weidmann has said European countries should not ease up on reforms and resort to stimulus packages to tackle high youth unemployment as this will not result in sustainable jobs. In comments published on Thursday,...Tags: Angela Merkel, France, Career and Workplace, Francois Hollande, Politics
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U.S. House set to pass tactical Republican debt bill
Reuters* White House has said it will veto bill * House Republicans are mulling debt ceiling strategy * Bill would allow U.S. Treasury to borrow more funds By Rachelle Younglai WASHINGTON, May 9 (Reuters) - U.S. House Republicans are expected to pass a...Tags: Albert Tom, Tim Huelskamp, Career and Workplace, U.S. Congress, Government Debt
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The wrong way for Washington to avoid defaulting
It's rare that the president explicitly pledges to veto a bill -- usually, the White House says the president's advisors would "recommend" a veto -- but that's what happened Tuesday. The measure in question is HR 807, the Full Faith and Credit Act, by...
Tags: Pfizer Inc., Viagra (drug), Tom McClintock, U.S. Congress, U.S. Department of Defense
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S&P upgrades MBIA, National Public Finance Guarantee fncl strength rtgs
ReutersMay 8 (Reuters) - Standard & Poor's Ratings Services on Wednesday raised the financial strength ratings of MBIA Insurance Corp and National Public Finance Guarantee Corp adding it may upgrade them further. The rating action on MBIA - with a financial...Tags: Standard & Poor's Financial Services LLC, Stock Market, Bank of America Corp., MBIA Incorporated, Politics
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COLUMN-Earnings' fun-house mirror: James Saft
Reuters(James Saft is a Reuters columnist. The opinions expressed are his own) By James Saft April 30 (Reuters) - U.S. corporate earnings appear as if reflected in a distorting fun-house mirror: profits are huge but revenues strangely shrunken. Corporate...Tags: Stock Market, Economy, Business and Finance, Consumers, S&P 500, Finance
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First, fix the tax code
The federal government is expected to hit its statutory credit limit later this month, setting the stage for yet another battle between the Obama administration and the House GOP over raising the debt ceiling. Republican leaders of the House Ways and...
Tags: Republican Party, Energy Saving, U.S. Congress, U.S. House Committee on Ways and Means, Parties and Movements
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S&P upgrades National Public Finance, says may get A rating
Reuters(Reuters) - Following a cash settlement between MBIA Inc and Bank of America , Standard & Poor's Rating upgraded on Wednesday the financial strength ratings of MBIA Insurance Corp and National Public Finance Guarantee. The rating agency, which had...Tags: Credit Ratings, Banking, Trials, Finance, Litigation and Regulation
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Slovenia postpones parliament vote on budget cap until late May
ReutersLJUBLJANA (Reuters) - Slovenia postponed on Tuesday a parliamentary vote on setting a cap on the budget deficit until later in May, after parties failed to agree the terms of the so-called golden fiscal rule. The euro zone state, which is battling to...Tags: Government, Slovenia, Economy, Business and Finance, National Government, Parliament
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South Sudan set to pay Sudan $2 billion in oil fees by 2015: IMF
ReutersKHARTOUM (Reuters) - Sudan looked set to receive $2 billion in oil pipeline fees from South Sudan by the end of 2014 and should prioritize overhauling its agricultural sector with the money, the International Monetary Fund (IMF) said on Tuesday. Sudan...Tags: Government, Political Corruption, International Organizations, International Monetary Fund, National Government
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India's cheap food plans to prove costly for government
Reuters* Would raise subsidy bills 45 pct to up to 1.3 trln rupees * To provide cheap rice and wheat to 67.5 pct population * Will require 61 mln tonnes of grains a year By Jo Winterbottom NEW DELHI, May 7 (Reuters) - India may soon pass a new law to give...Tags: Government, National Government, Consumers, U.S. Congress, Government Debt
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German finance minister softens stance on EU bank union
ReutersBERLIN (Reuters) - German Finance Minister Wolfgang Schaeuble signaled a softer stance on European banking union on Tuesday, saying that rather than waiting for a treaty change, governments should coordinate policies on closing banks. A banking union...Tags: Treaties, Christine Lagarde, European Debt Crisis, Foreign Exchange Market, European Union
May 9, 2013
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May 8, 2013
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May 8, 2013
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May 8, 2013
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May 8, 2013
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Apr 30, 2013
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May 7, 2013
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May 8, 2013
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May 7, 2013
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May 7, 2013
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May 7, 2013
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May 7, 2013
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