econintersect .com

FREE NEWSLETTER: Econintersect sends a nightly newsletter highlighting news events of the day, and providing a summary of new articles posted on the website. Econintersect will not sell or pass your email address to others per our privacy policy. You can cancel this subscription at any time by selecting the unsubscribing link in the footer of each email.

What We Read Today 31 December 2014

Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary "reading list" which will include very brief summaries (and sometimes longer ones) of why each item has gotten our attention. Suggestions from readers for "reading list" items are gratefully reviewed, although sometimes space limits the number included.

Brent falls towards $57 as demand concerns outweigh supply disruptions (Seng Li Peng, Reuters)  Early Wednesday trading  (31 December 2014) saw crude oil prices slipping lower again after Tuesday produced a slight rebound from a sharp decline on Monday.  Prices fell despite fires destroying millions of barrels iof oil in Libya.  (See article under Libya in reading list below.)  U.S. inventory numbers also depressed oil prices.  See next article. 

NYMEX-U.S. crude falls to $53.55 on US export permission, stock build (Meeyoung Cho, Reuters)  The U.S. reported an unexpected increase in crude oil inventories, the Obama administration issued two policy guidance statements expected to increase significantly oil exports by the U.S. and global crude oil prices continued to move lower.  Read also Obama administration issues guidance on oil exports (Jennifer A. Dlhouy, Hearst Newspapers, Alaska Dispatch News)

Articles about events, conflicts and disease around the world

AisiaAir Flight 8501

Searchers Pull AirAsia Plane Debris and Bodies From Java Sea (The New York Times)

Who Will Get AsiaAir 8501’s Black Boxes? (The Daily Beast)

AsiaAir owner bought company for less than a buck (Associated Press, New York Post)

The quick growth of Asian airlines creates challenge: how to safely train enough jet pilots (Fox News)


Where Does Ebola Come From? (Scientific American)

First Ebola boy likely infected by playing in bat tree (BBC News)

Doctor exposed to Ebola patient attacks ‘utterly illogical’ quarantine system (The Guardian)

Ebola Setback: Dozens of New Cases Reported in Liberia (NBC News)


Libya in $6 mln push to tackle oil port fires (Reuters, Al Arabiya)

Libya's losses mount as oil terminal burns (Daniel J. Graeber, UPI)  This Monday report says about 1.8 million barrels lost ($100 million worth) and fires have continued since.

Libyan oil output shrinks further as oil tanks blaze (Times of Malta) Libya currently shipping only 128,000 barrels a day, about 1/3 of shipments earlier this year and 8% of output before the 2011 civil war.

First air strikes hit Libya’s militia-held Misrata (AFP, Al Arabiya)


Europe Braces for Economic Fallout as Greece Heads to Early Elections (The New York Times)

Greece’s threat to the European economic recovery (American Enterprise Institute)

Hardships frustrate Greeks as recession persists (USA Today)


The Econiomics of Normalization with Cuba:  Kiss the Embargo Goodbye? (War on the Rocks)

Do not miss "Other Economics and Business Items of Note", the final section every day.

Please support all that we do at Global Economic Intersection with a subscription to our premium content "behind the wall".

There are between 75 and 100 articles reviewed most weeks. That is in addition to the 140-160 articles of free content we provide.

You get a full year for only $25.

The rest of the post is for our premium content subscribers - Click here to continue reading. If you have forgotten your login or password - send an email to info at

Make a Comment

Econintersect wants your comments, data and opinion on the articles posted. You can also comment using Facebook directly using he comment block below.

Make a Comment

Econintersect wants your comments, data and opinion on the articles posted.  As the internet is a "war zone" of trolls, hackers and spammers - Econintersect must balance its defences against ease of commenting.  We have joined with Livefyre to manage our comment streams.

To comment, just click the "Sign In" button at the top-left corner of the comment box below. You can create a commenting account using your favorite social network such as Twitter, Facebook, Google+, LinkedIn or Open ID - or open a Livefyre account using your email address.

Econintersect Behind the Wall

Print this page or create a PDF file of this page
Print Friendly and PDF

The growing use of ad blocking software is creating a shortfall in covering our fixed expenses. Please consider a donation to Econintersect to allow continuing output of quality and balanced financial and economic news and analysis.

Keep up with economic news using our dynamic economic newspapers with the largest international coverage on the internet
Asia / Pacific
Middle East / Africa
USA Government

 navigate econintersect .com


Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day


Asia / Pacific
Middle East / Africa
USA Government

RSS Feeds / Social Media

Combined Econintersect Feed

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution



  Top Economics Site Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2018 Econintersect LLC - all rights reserved