Dark Clouds over the Global Economy

By Raul de Sagastizabal The downgrade of American bonds along with the problems of the European over-indebtedness increases the fear of a recession or a sharp slowdown in the global economy. Much of the market turmoil responds to the fear of investors,...

Peak Oil Crisis due in 2014

New studies show that peak oil is due in 2014. Kuwaiti scientists have updated oil predictions previously based on the famous Hubbert model, which had correctly predicted in 1956 that U.S. oil reserves would peak within 20 years. The new multicycle Hubbert...

Oil moves near $80 amidst indications of economic recovery

Crude oil was up near $80 per barrel after home prices in the US Share