Monday, May 20, 2013

Missed this somehow last Tuesday!


European officials have begun investigating several big oil companies including Shell, BP and Norway's Statoil over suspected attempts to manipulate global oil prices for more than a decade.

Wednesday, May 15, 2013

Not Much Different Over Here

The euro zone economy shrank for a record sixth consecutive quarter in the first three months of the year, according to data released Wednesday. But when European heads of state meet next week in Brussels, don’t look for any big announcements about plans to stimulate growth.


Europe, experts say, seems to be in policy paralysis. With Germany, the Continent’s economic heavyweight, in the grip of pre-election politicking, no big European policy moves are likely until after that country’s elections in September. Even then, it is not clear that anyone has any masterstrokes planned.

NOT LIKE ANYBODY IS SUFFERING OR ANYTHING.