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Unlikely Cuba effect for US business

Online since 10 hours

180 words US President Barack Obama has announced historic steps to “chart a new course in (bilateral) relations with Cuba,” this way reestablishing diplomatic ties which were severed since January 1961. Main measures include steps to improve travel and remittances policies ...

No fear but caution about China’s growth

Online since 1 day

132 words International bank HSBC said that in line with latest economic data that have been disappointing, it has cut its growth forecasts about China from 7.7 percent to 7.3 for 2015 and from 7.6 percent to 7.4 for 2016. First ...

What can be worse than market crash? War!

Online since 2 days

204 words Financial markets aren’t the only place where volatility currently exacerbates. Nations, peoples and governments can also be places of extreme volatility and/or fear whose actions can bring much more, much worse consequences than finance itself could ever do. Take ...

24h to revitalize India-Russia strategic ties

Online since 3 days

142 words Russian President Vladimir Putin paid a 1-day visit to India to boost bilateral relations, especially on trade, with a country and a cold war ally that has come closer than ever to the United States for a decade. As ...

Growth is the key driver of Oil demand

Online since 7 days

165 words Under all scenarios, the health of the global economy will remain central to oil prices. These words summarize what the OPEC wrote in the 2014 edition of its annual World Oil Outlook. Despite fragility in the pace of global ...

Roadblocks ahead for $40 billion Uber

Online since 1 week

228 words By raising $1.2 billion of funding from venture capitalists most recently, the San Francisco-headquartered rideshare and taxi service Uber Technologies Inc. reached a theoretical value of $40 billion, bigger than Kraft Foods Group or American Airlines. Now available in ...

Is Iran why Saudi Arabia cuts oil prices?

Online since 1 week

198 words “The fall of the oil prices is not just something ordinary and economic, this is not due to only global recession,” Iranian President Hassan Rouhani told a cabinet session on Dec 10, 2014. “The main reason for it is ...

Sanctions will cost 90€ bn to Europe

Online since 1 week

147 words “It’s true that negative trends have been adding up in our economy for the past few years,” Russian Prime Minister Dmitry Medvedev told Russian media. But if the difficulties have worsened with western sanctions over Ukraine and the dramatic ...

North Sea won’t raise State’s revenue

Online since 1 week

120 words Chief Secretary of the UK Treasury Danny Alexander spoke in Aberdeen about the Oil and Gas fiscal review. Given the dramatic fall in oil prices, Alexander said, it is clear that “the days when government regarded the North Sea ...

Download the latest PDF Letter that is published every 15 days, read the 3rd issue on December 26, 2014.