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Saudi oil minister vows to cover future shortfalls
Mar 14th, 2012
Saudi Oil Minister Ali al-Naimi said on Wednesday that the oil-rich kingdom stands ready to cover any shortfalls of crude supplies in the market. (Source: AFP) -
Twitter was amused earlier today by reports of a Saudi Arabian sheikh dooming Twitter users to a loss of "this world and his afterlife." What to an American observer seems like inexplicable hyperbole may actually be an escalation of attempts to crackdown on a key tool for dissent. (Source: The Atlantic Wire)... [Full Article]
BRUSSELS (AP) - European Union finance ministers are seeking ways to cut down on tax evasion and hammer out controversial building blocks of the region's planned banking union to stabilize its financial system. (Source: Associated Press)... [Full Article]
SEOUL, South Korea (AP) - North Korea is vowing to bolster its nuclear program in response to a U.S. State Department report accusing Pyongyang of human rights abuses. (Source: Associated Press)... [Full Article]
LONDON (Reuters) - The single biggest risk to Britain's nascent economic recovery is continued eurozone weakness, the Bank of England's outgoing governor Mervyn King said in a television interview on Sunday. He called for a "credible medium term plan" to get the economy back on track and said automatic economic stabilizers shoul... [Full Article]
NEW YORK (Reuters) - Dow and S&P 500 index futures turned lower on Thursday after U.S. weekly jobless claims unexpectedly rose in the latest week and housing starts fell sharply. S&P 500 futures fell 1.9 points and were above fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration... [Full Article]
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