Diversification, Foreign Investment Key to Saudi Arabian Economy
The price of oil is proving more of a liability these days than the boon to the Saudi Arabia’s economy that it’s been in the past.
Enforcement: Chase to Pay $136M Over Debt Collection Practices
Meanwhile, FINRA barred five brokers for a sham private placement offering.
Canada and Oil
The falling price of oil has hit Canada hard, with Bank of Canada Governor Stephen Poloz warning that its effect would be “atrocious.”
Get Realistic About Green Technology
The quest for cleaner energy encounters limitations.
Brazil’s Petrobras: A Buying Opportunity?
The disappointing choice of Banco do Brasil chief Bendine to head oil company Petrobras has darkened sentiment on Petrobras, Brazil and the Brazilian markets.
Low Oil Prices Unlikely to Hurt Some Energy Investments
U.S. energy renaissance lets investors reap tax breaks while avoiding commodity market swings like those engendered by Saudi Arabia oil price cut.
SEC, FINRA Enforcement: Reps Sold ETFs They Didn’t Understand
In other enforcement news, the SEC charged an energy firm and a stock promoter with defrauding investors about its oil reserves.
Should California Split Up to Save Itself?
Economist Bill Watkins calls a new ballot initiative to divide California into six states economically unviable, yet worries about the viability of the existing state.
Wary Investors Consider High Risk Premium in Brazil
Powerhouse Brazil’s economic slowdown has put investors on alert for trouble, and for opportunity.
Kenya Investment Lure Won’t Be Stifled by Mall Shootings
Natural resources, a high literacy rate and solidarity will push the country forward.