News & Comments

Monday, July 4, 2016

#Venezuela - oil revenues plunge sharply: Al Jazeera English

Published on 3 Jul 2016

Venezuela's state oil company says its revenues have fallen by forty-one percent in the past year. It follows a steep drop in global oil prices that has contributed to an economic crisis in the South American nation. The country's recession and triple-digit inflation has caused concern it may not be able to honour its large debts.

Al Jazeera's Lucia Newman reports.

#Turkey - citizenship for Syrian refugees? euronews (in English)

Published on 3 Jul 2016

Turkey's president has hinted that Syrian refugees in the country could be offered citizenship.

Recep Tayyip Erdogan has been speaking at a dinner breaking the Ramadan fast in the border city of Kilis, where the number of refugees is higher than the local Turkish population.

"I would say to my brothers coming from Syria that we see you as our brothers and sisters," Erdogan told the crowd.

"If you see us as your brothers too, then you are not far away from your country, you are just away from…
READ MORE : http://www.euronews.com/2016/07/04/tu...

#USA - Mariah Carey, Common, Judith Hill, Estelle perform at Essence Festival: Associated Press

Published on 3 Jul 2016

Mariah Carey, Common, Judith Hill, Estelle perform at Essence Festival

#USA - Man Severely Injured by Explosion in New York's Central Park: ABC News

Published on 3 Jul 2016

The explosion brought a rapid response from the NYPD, which is already on heightened alert this holiday weekend.

Forex Trading Video: Expect Dollar, Euro and Pound Volatility in the Week Ahead: Forex News by DailyFX

Published on 1 Jul 2016

@JohnKicklighter

Talking Points:

• Shock-wary Pound traders should keep a close eye on Tuesday's BoE Financial Stability Report

• US NFPs, Eurozone investor sentiment, Chinese reserve and the RBA decision represent other key event risk

• Keep the big picture condition of risk trends in view as speculative appetite is stretched

EUR/USD and GBP/USD Forecast July 4, 2016: DailyForex

Published on 1 Jul 2016

The EUR/USD pair had a fairly volatile day on Friday, but did end up forming a positive candle. At the moment, we are testing the bottom of an uptrend line that had previously been very important. Because of this, we could get a little bit of resistance but at this point in time I think the one thing you can count on more than anything else in this pair: volatility. I do not like buying the Euro at this point, I think there are far too many reasons the think that there could be trouble down the road, so I’m waiting to see whether or not we get an exhaustive candle. We do, I will not hesitate to sell this pair. It makes quite a bit of sense that the US dollar will strengthen over the longer term, because quite frankly the only real concern with the US dollar is that there will be any interest-rate hikes soon.

Sunday, July 3, 2016

#UK #Wales - Ebbw Vale town votes 'out' despite flow of European cash: CNN

Published on 3 Jul 2016

Ebbw Vale, left devastated when the steelworks closed, has had more European money poured into it than perhaps any other small town in Britain. And yet this town voted 'out'.

#Syria - Dozens killed in government raids in Jayrud: Al Jazeera English

Published on 3 Jul 2016

Syrian government air strikes have killed 43 people in Jayrud, near Damascus.
The bombings broke a two-year local truce between opposition forces and the Assad government.

Al Jazeera’s Zeina Khodr reports from Gaziantep, in neighbouring Turkey.