Articles by admin

No Picture
Trading Ideas

India's internet shutdowns costing mobile carriers millions of rupees in lost revenue

December 27, 2019 admin Comments Off on India's internet shutdowns costing mobile carriers millions of rupees in lost revenue

Indian mobile operators are losing around 24.5 million rupees ($350,000) in revenue every hour they are forced to suspend internet services on government orders to control protests against a new citizenship law, a top lobby group said on Friday. Countrywide protests have raged for three weeks after India’s parliament passed legislation which gives minorities from neighboring Pakistan, Afghanistan and Bangladesh a path to citizenship but excludes Muslims. To quell protests, government has deployed thousands of police as well intermittently ordered mobile data shutdowns at a time people have used social media such as Instagram and TikTok to wage …read more […]

No Picture
Trading Ideas

Shale's Amazing, World-Changing, Lousy Decade

December 27, 2019 admin Comments Off on Shale's Amazing, World-Changing, Lousy Decade

(Bloomberg Opinion) — In between dealing with margin calls, Aubrey McClendon spent some of 2009 liquidating his famously well-stocked wine cellar in the non-fun way. In vino veritas, as it turns out: McClendon’s vintage version of the financial crisis, after his meteoric rise at the helm of fracking pioneer Chesapeake Energy Corp., embodied the wild successes, excesses and lasting hangover of the shale boom.That same year, an analyst at Sanford C. Bernstein published a report titled “Will Chesapeake’s Board Please Stand Up?”, calling for reform of the company’s almost laughable governance. McClendon eventually stepped down (he died in 2016), and …read more […]

No Picture
Trading Ideas

Trump Impeachment Trial Is Chief Justice Roberts' Nightmare

December 27, 2019 admin Comments Off on Trump Impeachment Trial Is Chief Justice Roberts' Nightmare

(Bloomberg Opinion) — A presidential impeachment trial in the Senate is one man’s worst nightmare. That man isn’t President Donald Trump, however. He’ll take it in stride. It’s Chief Justice John Roberts, who will have to preside.Roberts has devoted his whole career to trying to keep the Supreme Court from being seen as a partisan body. That started with the famous baseball analogy he offered at his Senate confirmation, according to which the justices are like umpires who call balls and strikes. The comparison is pretty dubious: balls and strikes aren’t infused with controversial moral questions like when life begins …read more […]

No Picture
Trading Ideas

Recession, robots and rockets: another roaring 20s for world markets?

December 27, 2019 admin Comments Off on Recession, robots and rockets: another roaring 20s for world markets?

Helicopter cash, climate crises, smart cities and the space economy — investors have all those possibilities ahead as they enter the third decade of the 21st century. Could we see a repeat of the roaring twenties, as the 1920s were known — years of prosperity, technological innovation and such social developments as women winning the right to vote? With those policies maxed out, “in the 2020s it seems inevitable that a world of helicopter money awaits,” Deutsche Bank predicts. …read more […]

No Picture
Business News

Exclusive: Nissan orders drastic spending cuts to stem profit slide and ‘conserve every yen’ – sources

December 27, 2019 admin Comments Off on Exclusive: Nissan orders drastic spending cuts to stem profit slide and ‘conserve every yen’ – sources

Japan’s Nissan Motor Co has told its managers to slash non-essential spending as the automaker grapples with slumping car sales and tumbling profits, three company sources with knowledge of the matter told Reuters.

…read more […]