Authored by Tsvetana Paraskova via OilPrice.com,
Saudi Arabia and Russia have agreed that OPEC and non-OPEC allies should announce an extension of the cuts at the highly-anticipated meeting in Vienna on November 30, Bloomberg reported on Friday, quoting people involved in the talks.
When it comes to the most influential investment bank in the world, Goldman Sachs, its 2018 outlook is borderline euphoric despite the bank’s own explicit admission that valuations have never been higher.
Authored by Danielle DiMartino Booth,
Behind the rosy economic headlines, consumer stresses have continued to build and are likely to worsen...
Is the U.S. economy enjoying a honeymoon, or is this merely a hiatus? Although this isn’t a subject of discussion among most economists, there will be both good and bad associated with three hurricanes and the California wildfires.
China’s crackdown on capital outflows has been a boon for organized crime in the region, with Chinese triad gangs and even Japanese Yakuza organizations partaking in the smuggling bonanza. Over the summer, we reported on a case of Yakuza gangsters teaming up with wealthy Chinese to smuggle thousands of tons of gold out of the country, using Japanese regional airlines as unwitting mules while taking advantage of a loophole that allows them to circumvent customs.
Via The Daily Bell
If you hate the government so much, why don’t you move to Somalia?
That might soon be a great option. The truth is Somalia is not without government. It actually has multiple governments.
In the south, you see corruption, crime, and gang-like government oppression. This is what the United Nations and most of the international community call the official government of Somalia.