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Premier Danielle Smith to talk immigration in her address to Albertans Thursday

Premier Danielle Smith to talk immigration in her address to Albertans Thursday

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Calgary Premier Danielle Smith said the province is facing combined pressures from decreased revenues as oil prices trend lower and increased costs of covering services for a rapidly growing population. Premier wants more control over the process; says newcomers should have a job when they arrive Jennifer Keiller · CBC News · Posted: Feb 18, […]

Premier Danielle Smith to talk immigration in her address to Albertans Thursday Read More »

Asian shares rise while most markets stay closed for the Lunar New Year

Asian shares rise while most markets stay closed for the Lunar New Year

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Updated [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year]   NEW YORK (AP) — The U.S. stock market ticked higher on Wednesday, led by its most influential stock, Nvidia. The S&P 500 rose 0.6% and pulled a bit closer to its all-time high set late last month. The Dow Jones Industrial Average added 129 points, or 0.3%,

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Ricardo Hausmann: Venezuela’s rapid decline from AAA to default, the devastating impact of Chávez’s nationalization policies, and the urgent need for economic diversification | Odd Lots

Ricardo Hausmann: Venezuela’s rapid decline from AAA to default, the devastating impact of Chávez’s nationalization policies, and the urgent need for economic diversification | Odd Lots

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Natural resource wealth does not automatically translate to public prosperity. Venezuela’s rapid economic decline was fueled by volatile oil prices and poor policy decisions. Chávez’s nationalization and control policies led to economic downfall. Key takeaways Natural resource wealth does not automatically translate to public prosperity. Venezuela’s rapid economic decline was fueled by volatile oil prices

Ricardo Hausmann: Venezuela’s rapid decline from AAA to default, the devastating impact of Chávez’s nationalization policies, and the urgent need for economic diversification | Odd Lots Read More »

WTI remains below $65.00 as US crude inventories build last week

WTI remains below $65.00 as US crude inventories build last week

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West Texas Intermediate (WTI) Oil price edges lower after registering over 1% gains in the previous session, trading around $64.80 during the Asian hours on Thursday. Crude Oil prices face pressure after the US Energy Information Administration (EIA) Crude Oil Stocks Change showed that US crude inventories jumped by 8.53 million barrels last week. At

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‎Oil prices unchanged, record monthly gains of over 16%

‎Oil prices unchanged, record monthly gains of over 16%

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Oil prices were steady on Friday, but recorded their first monthly gains in six months, as investors assessed global supply prospects amid ongoing geopolitical volatility. Benchmark Brent crude futures for March delivery — which expired today — settled unchanged at $70.69 per barrel, maintaining weekly gains of 7.30% and surging 16.17% over January. Meanwhile, WTI

‎Oil prices unchanged, record monthly gains of over 16% Read More »

Oil prices continue to rise as US crude oil inventories drop

Oil prices continue to rise as US crude oil inventories drop

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Crude oil inventories in the United States decreased by 2.3 million barrels during the week ending January 24, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday. The decrease brings commercial stockpiles to 423.8 million barrels according to government data, which is 3% below the five-year average for this time

Oil prices continue to rise as US crude oil inventories drop Read More »

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