Massive Earthquake Hits Indonesia, Tsunami Warning Issued
A massive 7.9 magnitude earthquake has just shaken Indonesia. The USGS initially evaluated to tremor at 8.2 but revised the magnitude down after further investigation. As CBS notes, “the quake…
As Exxon Slashes 2016 CapEx Forecast By 25%, US Faces Big Hit To GDP
And the CapEx hits just keep on coming. Two weeks after Goldman reported something troubling, namely that there is a massive gap of nearly 20% between sellside CapEx estimate for…
Brazil’s Bovespa Is Once Again… The Most Interesting Chart In The World
Via Dana Lyons’ Tumblr, After resolving its former “most interesting” chart status with a massive breakdown in January, Brazil’s Bovespa is back testing that breakdown level in an equally interesting…
Bail-In Regulation To Blame For “Bank Turmoil” In EU?
Bail-In Regulation To Blame For “Bank Turmoil” In EU? The Financial Times recently looked at how the new bail-in resolutions in the EU, U.S. and most of the western world…
Poetic Justice: Valeant SEC Probe Started After Its Complaint Against Short Seller
In a case of supreme poetic justice, the SEC probe into Valeant which was reported on Monday and which led to a 20% plunge in the price the company’s shares…
Is the Market Misreading the Data?
The US markets are in a quandary. On the one hand, some of the data (GDP growth, unemployment, etc.) suggests the Fed should continue to hike rates. On the other…
“There Is A Dollar Shortage”: Abu Dhabi Warns On Decreased Dollar Supply
It’s not entirely clear whether Saudi Arabia knew what they were setting in motion when the kingdom moved to deliberately suppress crude prices at the end of 2014. The idea…
Is A Major Treasury Squeeze On Deck: 10-Year Trades “Super Duper” Special In Repo
Over the past several days, in addition to the ongoing bear market rally in the S&P500, another dramatic move has been the impressive slide in Treasury prices, manifesting itself in…
Breaking Pictures! President Buhari Receives In Abuja The President Of Turkey, Recep Tayyip Erdoğan
Breaking Pictures! President Buhari Receives In Abuja The President Of Turkey, Recep Tayyip Erdoğan – SimonAtebaNews 6 Shares Share Tweet Share Share Email Share Tweet Share Share Email To Top…
3 Schoolgirls Kidnapped In #Lagos, Governor Vows They Will Be Rescued
Lagos State Governor, Mr. Akinwunmi Ambode, on Wednesday said his government will spare no effort to ensure the safe release of the three female students of Babington Macaulay Junior Seminary…