Tuesday, May 31, 2016

#France - ready to host the Euro 2016? 10 million visitors expected : AFP news agency

Published on 30 May 2016
Up to 10 million visitors will descend on France in a few short days for the 2016 European Championship. But with transport strikes, nationwide protests and major security concerns,the pressure is on for the host country to get things right.
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#UK - Bacanora CEO: Lithium becoming an everyday commodity: ProactiveInvestors Stocktube

Published on 31 May 2016
Peter Secker, chief executive of Bacanora Minerals Ltd's (LON:BCN, CVE:BCN) says the market for lithium could double over the next decade, in tandem with the rise of renewable energy.

Lithium batteries store energy from renewable energy sources, such as solar and wind, and Secker says “lithium is becoming more and more an everyday commodity and significant consumption increases over the next decade are going to see demand growth from about 180,000 tonnes a year that it is currently to anywhere north of 350,000 tonnes a year.”

He adds that there is “very limited new supply coming into the market”.

Bacanora is currently developing the Sonora lithium deposit in Mexico with the feasibility study scheduled to be delivered in in the first quarter of 2017.

http://www.4-traders.com/BACANORA-MINERALS-LTD-17083775/ 

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#EU - Data puzzle for ECB policy meeting: Reuters

Published on 31 May 2016
Euro zone sentiment up, German retail sales down: a mixed bag of data has economists scratching their head over the European economy, and over what the ECB's Mario Draghi might do next. David Pollard reports.
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#Syria - Airstrikes in Kill Dozens: Wall Street Journal

Published on 31 May 2016
Rescue crews dug through rubble Tuesday in Syria’s Idlib, looking for survivors after more than 25 people died in overnight airstrikes that hit multiple targets. Photo: Reuters
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#UK - Charting indices: ranges dominate amidst event risk: IG UK

Published on 31 May 2016
31 May 2016: IG technical analyst Joshua Mahony charts FTSE 100, DAX. Josh notes indecision and hesitancy in the markets with a lot of event risk. He remains bullish on the FTSE, as long as we remain above 6237.
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#Ukraine - says it cannot repay Russia $3 billion debt: PressTV News Videos

Published on 31 May 2016
Ukraine and Russia are in a deadlock over the repayment of Kiev's three billion dollar debt to Moscow. Ukraine is refusing to repay a loan it received from Russia back in 2013. Keiv claims the money was taken under an illegal agreement.
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#Russia - Is Vladimir Putin really trying to break up the EU? BBC News

Published on 31 May 2016
Is Vladimir Putin using hybrid warfare to destabilise Europe? That's what many Europeans think. Tim Whewell - who has been watching Moscow for the BBC for over two decades - examines the evidence.
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#USA - 40,000 Striking Verizon Workers Head Back to Work Wednesday: TheStreet

Published on 31 May 2016
Nearly 40,000 striking Verizon workers will return to their jobs Wednesday after reaching a tentative contract agreement over the Memorial Holiday Weekend. The Communication Workers of America say the new deal includes 1300 new call center jobs, nearly 11% in raises over 4 years and the first contract for Verizon wireless store workers. The CWA called the deal a victory for working families. Crude oil prices are quiet as investors wait for cues from OPEC on oversupply. OPEC meets Thursday and will discuss what to do with oil production after prices hit $50 a barrel last week. Oil prices have doubled since hitting lows over the winter. Viacom's board is preparing for a fight with the Redstones. The Wall Street Journal says board members are anticipating their ouster and and will argue that former Chairman Sumner Redstone doesn't have the mental competency to act of his own free will.
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