Wednesday, November 16, 2011

Europe - The EU targets rating agencies likes of Standard and Poor's, Moody's & Fitch should be held to account.

Published on Nov 15, 2011 by
http://www.euronews.net/ The European Commission has stepped up its attack on credit rating agencies. Angered by a spate of downgrades on individual member states, Brussels says the likes of Standard and Poor's, Moody's and Fitch, which rank countries' and companies' debt, should be held to account.

Only last week, Standard and Poor's downgraded France by mistake. That was quickly corrected and blamed on a technical error, but the EU's internal market chief Michel Barnier insisted stricter rules are needed.

USA - Evicted Wall St protesters return minus their tents


Published on Nov 15, 2011 by
http://www.euronews.net/ Hundreds of Wall Street protesters returned to  Zucccotti park in central New York only hours after being evicted  by police.

The mood was defiant as the activists came back but minus their tents which had been cleared away by the authorities.

Earlier a judge had up held an eviction order allowing police to break up the two month old demonstration in a pre-dawn raid.

But the activists' lawyer Alan Levine was incensed:
"Their protest hasn't caught on around the world and around the country because it's a camping case. It's a speech case."

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Chevron (NYSE:CVX) Spill in Brazil May Be 10 Times Larger Than Estimated

Uploaded by on Nov 15, 2011
The oil spill off Brazil in the Frade field operated by Chevron (NYSE:CVX) could be 10 times larger than Chevron's estimate of 330 barrels per day, Business Insider reports.

A rig operated by a rig transported by Transocean (NYSE:RIG) was drilling Chevron's well.

Chevron (NYSE:CVX) has potential upside of 13.8% based on a current price of $106.65 and an average consensus analyst price target of $121.41.
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O derramamento de óleo na costa do Brasil no campo de Frade operado pela Chevron (NYSE: CVX) poderia ser 10 vezes maior do que a estimativa da Chevron de 330 barris por dia, relatórios Business Insider.

A plataforma operada por um equipamento transportado por Transocean (NYSE: RIG) foi bem perfuração da Chevron.

Chevron (NYSE: CVX) tem upside potencial de 13,8% com base no preço atual de $ 106,65 e uma média de consenso preço-alvo analista de $ 121,41.