Brent crude and WTI: What $20 per barrel oil would mean for the global economy March 29, 2016 With oil prices trending lower again, what would Brent crude falling as low as $20 per barrel mean for the global economy? A whole host of investment banks, from Goldman Sachs to Morgan Stanley, have previously warned it could fall to this level. If we do get a renewed bout of oil weakness that keeps oil [...]
Alisher Usmanov: Arsenal need Arsene Wenger March 26, 2016 Arsenal's second largest shareholder Alisher Usmanov has given his unequivocal backing to beleaguered manager Arsene Wenger. Read more: Alisher Usmanov is no longer Russia’s richest man Some fans have called for Wenger to step down following a season which looks set to end without silverware unless the Gunners can overhaul an 11-point gap between themselves and [...]
Brussels explosions: More than 30 dead, 130 wounded in attacks at Brussels’ Zaventem Airport and Maalbeek Metro station, American Airlines desk reportedly targeted March 22, 2016 As many as 34 people have been killed and more than 130 wounded in what is thought to be a pair of coordinated suicide attacks at Zaventem Airport and Maalbeek metro station in Brussels today. Police believe as many as 14 people were killed in two explosions at the airport, which is thought to have taken place near to an American Airlines desk. A [...]
Saudi Arabia will go ahead with production freeze deal in April without Iran, sending the oil price up 50 per cent in just two months March 22, 2016 Saudi Arabia has signalled it will go ahead with a deal with Russia and other Organization of the Petroleum Exporting Countries (Opec) members to freeze production in April despite Opec rebel Iran vowing to continue to increase output. The deal, which already includes Venezuela and Qatar, is scheduled to be finalised at a meeting in Doha [...]
London, Paris, New York and Washington step up security in wake of Brussels attacks at Zaventem Airport and Maalbeek Metro station March 22, 2016 Police services in London, New York and Washington have stepped up security measures today, in the wake of two apparently coordinated attacks in Brussels this morning. The suicide attacks – at Zaventem Airport and Maalbeek Metro station – are thought to have killed at least 26 people and wounded dozens more, some seriously. Around 200 flights [...]
Wentworth golfers declare victory as owner Reignwood scraps a proposed £100,000 joining fee, but the club’s tennis captain and mining grandee Kirill Klip is still on the warpath March 20, 2016 Golfers may have declared victory in the battle for Wentworth Golf Club after Chinese owner Reignwood scrapped plans to charge members £100,000 to rejoin, but the club's tennis captain and resident mining boss is still on the warpath. Following months of discussions, Reignwood announced on Friday it was backing down on a number of proposed measures [...]
Non-Opec member Oman yet to be invited to Doha meeting March 20, 2016 Oman has said it’s yet to receive an invite to a historic meeting of oil producers, where they’re expected to discuss freezing output to support prices. This is despite Oman being the largest non-opec oil producer in the Middle East, pumping out around 1m barrels per day. "We have been exchanging some views with other oil [...]
Russia plane flying from Dubai crashes in city of Rostov-on-Don killing all 62 people on board March 19, 2016 A passenger jet flying from Dubai to the southern Russian city of Rostov-on-Don has crashed killing all 55 passengers and seven crew members on board. The FlyDubai Boeing 737-800 flight FZ981 missed the runway by 250m (800ft) as it attempted to land at 5.30am local time, officials say. "The aircraft hit the ground and broke into pieces," the [...]
Apple’s new iPhone 7: Leaked pictures reveal rumoured dual camera March 16, 2016 Apple fans (or anyone else about to go shopping for a new smartphone) – behold the latest iPhone ahead of the tech company's secretive launch in less than a week's time. New leaked pictures of the iPhone 7 claim to show Apple's newest handset for the first time, and reveal the phone will have two rear cameras. [...]
As Putin starts pulling his troops out of the country, could peace finally be coming to Syria? March 16, 2016 Michael Kerr, director of the Institute of Middle Eastern Studies at KCL and author of The Alawis of Syria says Yes. On the same day that some of Syria’s warring factions attended talks in Geneva, again taking the initiative on Syria, Putin announced that Russia would withdraw some of its forces. This sent a message to the [...]