Established in 2006 as a Community of Reality

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Neno's Place Established in 2006 as a Community of Reality


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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


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    Rocky
    Rocky
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    Posts : 267081
    Join date : 2012-12-21

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    Post by Rocky Wed 15 Nov 2017, 1:59 am

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    LONDON - 
    Inflation in Britain 
    stabilized at a 5-1 / 2 year high in October, contrary to expectations by the Bank of England and other economists to set a new high. 
    The Office of National Statistics said consumer price inflation was at 3 percent year-on-year in October, below analysts' expectations of a 3.1 percent increase. 
    The Bank of England said this month, after raising its benchmark interest rate for the first time in 10 years, that inflation is likely to rise to 3.2 percent in October and then slow down slightly above the target 2 percent within three years. Reading in October reflects a drop in fuel prices that overshadowed the impact of soaring food prices.
     
    France 
    to reconsider Iran gas deal if new sanctions imposed 
    The chief executive of French oil and gas giant Total said the company would reconsider its Iranian gas project if the United States decided to impose unilateral sanctions on Tehran, given the interests of the company in the US market. 
    "Either we do the deal legally if there is a legal framework," Patrick Boyan told CNN. "If we can not, for legal reasons because of a change in the sanctions regime, we will have to reconsider it," Boyan's office confirmed. 
    "If there is a sanctions regime (on Iran), we should study it carefully," Bojan said. "We are working in the United States and we have assets, and we have just acquired more US assets."
     
    World 
    Energy demand likely to lead to surpluses in oil market as demand slows 
    World oil demand is likely to grow at a slower pace over the coming months as global warming slows crude consumption, the International Energy Agency said on Tuesday. Which could push the market towards a surplus in the first half of next year. 
    The Paris-based agency lowered its forecast for oil demand growth in its monthly report by 100,000 barrels per day for the current and next years to 1.5 million bpd in 2017 and 1.3 million barrels per day in 2018. 
    The geopolitical tensions in the Middle East, Sporadic in areas such as Nigeria and Iraq oil above $ 60 a barrel for the first time since 2015 while global stocks fell, prompting many market observers to raise their price expectations.
    "Does this mean that the market has found a 'new natural situation' where perhaps the minimum acceptable level of $ 50 a barrel has gone to $ 60 a barrel? This may be a view of its attractiveness, assuming supply disruptions will continue and tensions in the Middle East will not recede. 
    But if these problems prove temporary, a fresh look at key factors will confirm the view we expressed last month that the market balance in 2018 does not seem as strong as some would like, and that this is in fact not a "new natural situation." 
    Oil stocks in the world's richest countries fell 40 million barrels in September, falling below three billion barrels for the first time in two years, driven by factors including Hurricane Harvey, which halted most of the refining capacity in the United States in August.
    "Based on a scenario where current levels of OPEC production are maintained, the oil market is facing a difficult challenge in the first quarter of 2018. Demand is expected to exceed 600,000 bpd, followed by another 200,000 bpd surplus Barrel per day in the second quarter of 2018. "



    http://almadapaper.net/ar/news/538797/%D8%AE%D8%A7%D8%B1%D8%AC-%D8%A7%D9%84%D8%AD%D8%AF%D9%88%D8%AF

      Current date/time is Thu 28 Mar 2024, 9:08 am