Turkish long steel export prices have gone down sharply on sluggish demand and falling global steel and scrap prices, sources said on Thursday November 22.Fastmarkets' weekly price assessment for rebar exports out of Turkey was $490-500 per tonne fob on an actual weight basis on Thursday, down from last week's $505-510 per tonne.The mills in the country lowered their offers to $500-510 per tonne f...Read More
BEIRUT (Reuters) - Lebanon marked 75 years of independence on Thursday but while the military staged an invitation-only parade, many citizens saw little to celebrate with the nation’s economic problems and political stalemate deepening.As the army closed off streets for its ceremony, protesters angry at worsening living conditions marched through Beirut under the slogan: “Our independe...Read More
YOKOHAMA, Japan/PARIS (Reuters) - Nissan Motor Co’s (7201.T) board voted unanimously to oust Chairman Carlos Ghosn on Thursday after the shock arrest of the industry heavyweight, ushering in a period of uncertainty for its 19-year alliance with Renault (RENA.PA).The Japanese firm said its board also voted to remove Greg Kelly - who like Ghosn has been arrested after allegations of financial...Read More
Steel billet import prices in Egypt have fallen slightly over the past week amid poor demand and lower offer prices, while domestic rebar prices were unchanged despite expectations of lower values, sources said on Thursday November 22.Fastmarkets' weekly price assessment for steel billet imported into Egypt was $475-480 per tonne cfr on Thursday, down from $480-485 per tonne cfr last week.Billet p...Read More
Trends forecaster Gerald Celente shares his observations and insight regarding the Great Reset taking place at every level and across the globe.Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circ...Read More
BRUSSELS (Reuters) - Trade tensions between the United States and China are likely to dominate the G20 summit of the world’s 20 biggest economies next week, according to a senior European Union official who said the EU was keen to act as a bridge-builder.The United States and China have been imposing tariffs on each others goods in an escalating dispute over market access, forced technology...Read More
*This interview was first published on 10/12/18James Rickards discusses interest rates, the stock market, the US economy, precious metals, the risk of financial calamity, the future of the Fed and much more.Jim Rickards is a lawyer, investment banker and economist with over thirty years' experience in capital markets. He is currently Chief Global Strategist at Meraglim. He advises the Department o...Read More
BRUSSELS (Reuters) - The German federal cartel office Bundeskartellamt expects a decision on the EU’s Facebook investigation in 2019, an official said on Thursday.Speaking at a conference in Brussels, Sandro Gleave said: “We are expecting a final decision early next year.”Reporting by Foo Yun Chee, editing by Robin Emmott Disclaimer: The views expressed in this article are those...Read More
*This interview was first published on 11/5/18Author and former Wall Street insider Nomi Prins discusses the role of central banks in the rigging and manipulation of global markets on the Great Reset Opportunity Report.Nomi Prins is an American author, journalist, and Senior Fellow at Demos. She has worked as a managing director at Goldman-Sachs and as a Senior Managing Director at Bear Stearns, a...Read More
Peter Schiff is an internationally recognized ecoanomist specializing in the foreign equity, currency and gold markets. Mr. made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWeek, Tim...Read More
BETHLEHEM, West Bank (Reuters) - Palestinian musicians are fast reaping dividends from their presence on Spotify, which launched its internet streaming service in the Middle East and North Africa last week.“The Arab hub provides a unique platform that brings the full spectrum of Arab culture and creativity, past and present,” said Suhel Nafar, a musician from the Israeli city of Lod wh...Read More
They concluded that equating having a vagina with being a woman is not an accurate display of womanhood today, suggesting that The Vagina Monologues Continue...Read More
"Millions of families gather together every year to celebrate Thanksgiving in the United States. Many Americans do not grow up thinking much of the history behind the holiday," Continue...Read More
The import price for hot-briquetted iron (HBI) in Italy decreased in the week ended Thursday November 22 due to softer prices for hot-rolled coil and low demand, sources have told Fastmarkets.Fastmarkets' import price assessment for HBI in Italy decreased to $315-330 per tonne cfr on November 22, from $345-350 per tonne cfr a week before."The workable HBI price for us depends on how strong the HRC...Read More
"We've come from a very artifical period where everything was going up, and we need to go back to a more normal period."Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer of PIMCO, a global investment firm and one of the world's largest bond funds in the world. Dr. El-Erian also served as a mem...Read More
Infill drilling in the southwestern part of the Marathon deposit in Newfoundland continues to return high-grade gold intercepts, Marathon Gold (TSX: MOZ) reports.The company recently completed its 41,000-metre step-out and infill drill program for 2018, and assays include 5.36 grams gold over 11 metres from 26 metres below surface in hole MA-18-330; 3.63 grams gold over 10 metres from 134 metres...Read More
The price of pig iron exports from the Commonwealth of Independent States has fallen over the past seven days due to weak prices both for raw materials and for finished steel products, Fastmarkets heard on Thursday November 22.Fastmarkets' CIS export price assessment for high-manganese pig iron went down to $355-365 per tonne fob Black Sea on Thursday, from $365-370 per tonne a week before."The ma...Read More
Copper output in Democratic Republic of Congo rose 8.7 percent year on year through the first nine months of 2018 to 908,695 tonnes while cobalt production jumped 92.5 percent to 115,116 tonnes, the central bank said on Thursday.Congo is Africa's top copper producer and the world's leading miner of cobalt, which is a key component in electric vehicles and other electronic products.Gold production...Read More
On 16 November 2018, the Washington Post and other news media reported that the CIA had concluded Saudi Crown Prince Mohammed bin Salman ordered Khashoggi's assassination. Continue...Read More
SolGold's coveted Ecuadorian copper-gold prospect may be 20 percent bigger than the mining group said earlier this week, its chief executive Nick Mather said on Thursday.SolGold, in which Mather has a near 5 percent stake, said on Tuesday that its Alpala project in Ecuador's Cascabel region was around double the size and grade quality it was known to be in December 2017."We think there's still 20...Read More