Petrodollar end looming as China & allies dump it in oil trading – Jim Rogers

Published time: 15 Sep, 2017 15:27 Beijing has announced plans to start a crude oil futures contract priced in yuan and convertible into gold. The step might lead to the emergence of a new Asia-based crude oil benchmark to compete with Brent or West Texas Intermediate futures. Read more RT talked to investing guru and […]

The Marlins and Nationals played in a nearly empty stadium in Miami with Hurricane Irma looming

Twitter/Dan Kolko The Miami Marlins and Washington Nationals squared off in a nearly empty Marlins Park on Wednesday as Hurricane Irma bears down on south Florida. State officials have already issued evacuation orders to residents in the Florida’s most vulnerable areas, including Miami Beach and other barrier islands along the state’s east coast. Irma — […]

The electric car industry is facing a looming supply shortage

REUTERS/Nir Elias “Lithium is the new oil,” goes the saying in electric vehicle (EV) circles. If you haven’t heard the catchy maxim, it means that new-age batteries made from elemental lithium are the energy world’s “in-thing.” By extension, a tank of gasoline containing a cocktail of carbon and hydrogen atoms is passé. Think back to […]

The National Debt's Looming Impact on Your Paycheck

Fiscal hawk policymakers often liken the federal budget to a family spending plan — an analogy that’s too simplistic, in part because families don’t have to spend a big chunk of their incomes defending against potential invaders. But there is a direct relationship between federal spending habits and those of Average Janes. If the national […]

The Looming Threat That Could Decimate Wall Street's Fund Managers

For all the turbulence in the financial services industry over the past decade — Lehman Brothers filed for bankruptcy a little under nine years ago — not much has changed in the aftermath of the crisis. OK, a bunch of bankers lost their jobs (and a lot of money), new regulations forced substantial changes in […]

Ronaldo ‘focused on Confed Cup success’ despite looming Spanish tax charges

Portugal star Cristiano Ronaldo is focused on success at the 2017 FIFA Confederations Cup in Russia despite the prospect of facing prosecution for tax fraud in Spain, his teammate Pepe has insisted. Spanish prosecutors have accused Portugal captain Ronaldo of defrauding the state of €15 million (US$ 16.7 million) between 2011 and 2014, which has […]

A showdown could be looming between the US, Iran, and the Assad regime at the Syria-Iraq border

REUTERS/Rodi Said In April, Syrian rebel fighters and their US special-forces trainers repulsed an ISIS attack in an hours-long battle marked by suicide bombers and coalition airstrikes. The battle took place at al Tanf near the Syria-Iraq border, and the camp there is still used by US and UK personnel to train Western-backed fighters. But […]

A showdown could be looming between the US, Iran, and the Assad regime at the Syria-Iraq border

REUTERS/Rodi Said In April, Syrian rebel fighters and their US special-forces trainers repulsed an ISIS attack in an hours-long battle marked by suicide bombers and coalition airstrikes. The battle took place at al Tanf near the Syria-Iraq border, and the camp there is still used by US and UK personnel to train Western-backed fighters. But […]

China has become a looming presence in the US’s military hub in Australia

Thomson Reuters DARWIN (Reuters) – When the United States signed an agreement in 2011 to use Australia’s tropical port of Darwin as a base for military exercises, it was viewed as a key focus of former President Barack Obama’s strategic pivot to Asia.   But when ammunition and equipment arrives in June for war games […]