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Friday, April 12, 2013 - 3:36pm
These Awesome Charts Highlight Just How Diversified (or Homogeneous) Some Nations' Exports Are
Ever wondered what the leading exports of Antarctica or North Korea or the Solomon Islands are? Well you've come to the right place. Courtesy of the Wikimedia Commons and the Observatory of Economic Complexity, Benzinga has compiled an array of export tree maps from countries and regions around the...
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Monday, September 24, 2012 - 2:04pm
Crude Oil Continues Fall on Weakness in Europe
Near NYMEX crude oil futures are traded down more than 1% on Monday as low as $91.25/barrel while Brent was off nearly $2.00 per barrel as traders took a “risk off” stance on uncertainty over economic activity in Europe. Crude oil prices rallied on Friday in London and New York but fell in late...
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Friday, April 27, 2012 - 4:18pm
Wired: US Air Force Quietly Assembling Near IranWired's David Axe reported Friday that "[t]he US Air Force is quietly assembling the world's most powerful air-to-air fighting team at bases near Iran." The "aerial armada" includes a formidable team of F-22 Raptors and Air National Guard F-15 Eagles. According to Axe, "[t]he Raptor-Eagle team...
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Monday, April 16, 2012 - 10:10am
Moment of Truth: Israeli Air Force Preparing for Attack on Iran?Should we expect Israel to attack Iran this summer? The Drudge Report on Sunday linked to an article from The Times of Israel's Greg Tepper suggesting that the Israeli Air Force is "gearing up" for an attack on Iran. According to the article, journalist Alon Ben-David "had spent weeks with the...
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Thursday, March 22, 2012 - 6:40am
John Kilduff: Gas at $3.50/Gallon in OctoberCNBC analyst John Kilduff does not share the wide view that gas prices are soon going to reach the $4 level per gallon this summer. If anything, he believes they subside to pre-presidential-election levels that are likely to favor incumbent Obama's bid for reelection. "National average is right...
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Iran's Khamenei Comments on US/Iran Tensions
Tuesday, March 20, 2012 - 10:12amEarlier, Iran's Supreme Leader Khamenei commented on the state of Iran/US relations. Khamenei stated that Iran's energy wealth is the reason for the west pressuring the country. However, he stated that threats will not make Iran back down. Kahamenei went on to state that Iran making concessions...
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As the Winter Ends, the De-Dollarization Begins
Tuesday, March 13, 2012 - 4:21pmAs Iran gets ready to celebrate its greatest holiday of the year, New Year's Eve, on March 20th, it not only celebrates the beginning of a new year but also the end of the dollar as an acceptable currency for payment of its oil. Although the holiday, known as Nowruz, is typically commemorated by...
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Thursday, March 8, 2012 - 10:25am
Ukraine May Have to Choose Between Russia and the IMF to Avoid CollapseUkraine has found itself caught between a rock and a hard place, as the country's dwindling cash reserves could force it to make the tough decision of seeking support from either the International Monetary Fund (IMF) or Russia. Ukraine has found itself in a predicament because the country is...
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Tuesday, March 6, 2012 - 5:08pm
These Death Cross ETFs Could be in Big Trouble (EGPT, DFE, FAA)It seems like only yesterday that we were discussing ETFs for the golden cross the technical condition where a security's 50-day moving average rises above its 200-day line. Unfortunately, the way the broader market acted today means it's probably time to consider another technical condition: The...
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President Obama Makes Cautious Comments on War with Iran, Syria
Tuesday, March 6, 2012 - 2:31pmEarlier, Obama spoke at a press conference and made cautious comments about the possibility of a war with Iran, noting that while the US does not want Iran to acquire a nuclear weapon, war with Iran would have real consequences. Obama stated that those "beating the drums of war" over Iran should...
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