FINANCIAL

OPEC Cartel to Reap Record $1 Trillion

December 31, 2012 0

(Financial Times) — The Opec oil cartel, led by Saudi Arabia, will pocket a record of more than US$1tn in net oil revenues in 2012 as the annual average price for Brent, the benchmark, heads […]

FINANCIAL

Europe’s Debt Crisis: 5 Things You Need to Know

December 26, 2012 0

NEW YORK (CNNMoney) — It’s been about 18 months since the sovereign debt crisis in Europe began attracting attention in global financial circles. In that time, the crisis has grown into the biggest challenge the […]

GOVERNMENT

Over the Fiscal Cliff: How Hard a Landing?

December 26, 2012 0

WASHINGTON — Efforts to save the nation from going over a year-end “fiscal cliff” were in disarray as lawmakers fled the Capitol for their Christmas break. “God only knows” how a deal can be reached now, […]

FINANCIAL

Bernanke Hints at Earlier Monetary Policy Change

December 23, 2012 0

Ben Bernanke’s decision this month to tell the world US interest rates would remain near zero until unemployment fell below 6.5 per cent is possibly the most pivotal comment for sharemarket investors in four years. […]

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