3. Three leading energy agencies recently said production from outside the Organization of the Petroleum Exporting Countries would increase this year, much of it from U.S. shale. Added to that is the possible return to market of millions of Middle East barrels as Iran, Iraq and Libya potentially ramp up production. All of that is set to press on prices.
4. “We will see a lot of headlines about [emerging market export growth] picking up in the first half of 2017,” says Bhanu Baweja, head of EM cross asset strategy at UBS, who believes EM exports will show year-on-year growth of between 8 and 13 per cent in dollar terms in the first quarter of this year, “a complete postcode away” from the negative numbers currently being reported.
1. The magazine also notes that he gave $66 million to his presidential campaign and paid $25 million to settle a lawsuit related to Trump University.
2. Chile were one of the most exciting teams at the 2010 World Cup and recentky gave England the run around at Wembley, whilst if Colombia can get Radamel Falcao fit then they could cause an upset or two. So of all the South American teams, only Ecuador look like they might struggle to get out of the group stages, with all the others more than capable of reaching the latter stages.
Mr. Russell's 1970s Abscam fictionalization 'American Hustle' had the better night overall, winning acting awards for Amy Adams and Jennifer Lawrence. Best picture was the only award for '12 Years a Slave,' which came in with seven nominations, tied for the most with 'American Hustle.'
Both Samsung and BlackBerry quickly put the kibosh on a report Wednesday afternoon that the two are engaged in takeover talks. But why would the world’s biggest smartphone company pay a rumored $7.5 billion for a Canadian tech company whose glory days are past? Answer: Its rich intellectual property portfolio—especially all its juicy security innovations.