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.



posted on 13 June 2016

Early Headlines: Asia Stocks Tumble, Oil Down, Yen Surges, Bitcoin Spikes, Peak Fossil Fuel, US Underground Economy, End Of EU?, London 60 Pct Income For Rent And More

Written by

Early Bird Headlines 13 June 2016

Econintersect: Here are some of the headlines we found to help you start your day. For more headlines see our afternoon feature for GEI members, What We Read Today, which has many more headlines and a number of article discussions to keep you abreast of what we have found interesting.

early-bird-301-180

Global

asia.pac.2016.jun.13

  • Oil prices fall as economic concerns rise (Reuters) Oil prices fell on Monday, weighed down by Asia's darkening economic prospects and a related strengthening in the U.S. dollar, which makes fuel imports for countries using other currencies more expensive. Yet, high Middle East tanker charting and strong car sales in China provided some support, traders said. Brent crude oil futures fell back below $50 per barrel, trading at $49.89 at 0644 GMT, down 65 cents, or 1.29%, from their last settlement. U.S. crude was down 64 cents, or over 1.3%, at $48.43 a barrel.

  • Bitcoin price smashes $600 barrier and leaps to trade above $650 in one day (City A.M.) The recent bitcoin price rally continued in full force this weekend, as prices smashed through the $600 (£421) mark and rose to trade above $650 in a single day on Sunday. Yesterday the price of a single bitcoin reached highs of $652.54, according to CoinDesk. By the evening, the cryptocurrency was still trading up more than five per cent on its opening price of $611.78. Bitcoin hasn't traded above $650 since early June 2014.

  • The World Is on the Brink of Peak Fossil Fuels for Electricity (Bloomberg) The way we get electricity is about to change dramatically, as the era of ever-expanding demand for fossil fuels comes to an end - in less than a decade. That's according to a new forecast by Bloomberg New Energy Finance that plots out global power markets for the next 25 years. Call it peak fossil fuels, a turnabout that's happening not because we're running out of coal and gas, but because we're finding cheaper alternatives. Demand is peaking ahead of schedule because electric cars and affordable battery storage for renewable power are arriving faster than expected, as are changes in China's energy mix. Econintersect: This view is not shared everywhere. See Renewable Energy Survey Results.

electricity.peak.fossil.fuels.2025

U.S.

mass.shootings.2015

EU

UK

  • Fintech helps to push foreign direct investment in UK financial services sector to highest level since 2006 (City A.M.) Foreign investors can't get enough of the UK's financial services market, with a report out today discovering that fintech has helped push foreign direct investment (FDI) to its highest level since 2006. The research by professional services firm EY discovered that, in 2015, there were 94 FDI projects in the UK's financial services sector, which in turn generated 8,138 jobs.

  • British fishermen want out of the EU - here's why (The Conversation) Of all of the industries affected by Britain's membership of the EU, fishing is one of the most significant. The Common Fisheries Policy, which governs where fleets can fish in the EU and sets quotas to conserve fish stocks, is known for being incredibly unpopular. And our recent polling shows that this translates to a near unanimous desire among British fishermen to leave the EU. The following graphic shows poll results among UK fishermen:uk.fishermen.brexit.poll

  • BREXIT Polls at 55% - Will the Euro Crash & Burn? (Alternative Economics) Martin Armstrong points out that UK GDP has declined after joining the EU. He implies that it would have been better without the EU. (Econintersect: We doubt that is a provable proposition.) He also suggests the Brexit would start an unraveling of the EU.

>>>>> Scroll down to view and make comments <<<<<<

Click here for Historical News Post Listing










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, using Livefyre 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.



You can also comment using Facebook directly using he comment block below.





Econintersect Contributors


search_box

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.


Take a look at what is going on inside of Econintersect.com
Main Home
Analysis Blog
Are You Feeling the Economic Surge?
Big Mess in Italy
News Blog
Sustained 3 To 4% GDP Growth Is A Huge Stretch
New Earthquake Risk Model Confirms Possibility Of Statewide Earthquake In California
Subprime Auto Debt Grows Despite Rising Delinquencies
Silver Sentiment Looks Golden
Infographic Of The Day: Investing In A Cure For Cancer
Early Headlines: Trump Campaigning Still, WaPo Finds Voter Fraud Favored Trump, No Carolina GOP Shotguns For Voter Fraud, New Age Of Blacklisting, All Eyes On Italy, Big Bucks In India And More
What Did The EU Ever Do For Europeans?
The 10 Most Stolen Cars In America
Improvements In US Air Pollution
Has The Fed Been Effective In Stimulating Consumption?
Major League Soccer's Best-Paid Players
What We Read Today 02 December 2016
Why Your Phone Battery Gets Worse With Time
Investing Blog
Technical Thoughts: Manage Risk
Investing.com Weekly Wrap-Up 02 December 2016
Opinion Blog
Modern Slavery
Please, Donald Trump, Don't Send Climate Science Back To The Pre-Satellite Era
Precious Metals Blog
Silver Prices Rebounded Today: Where They Are Headed
Live Markets
02Dec2016 Market Close: WTI Crude Climbed Back Up To Previous 51 Handle, US Dollar Index Trading At The100 Level, Oil Rig Count At 10-Month High
Amazon Books & More






.... and keep up with economic news using our dynamic economic newspapers with the largest international coverage on the internet
Asia / Pacific
Europe
Middle East / Africa
Americas
USA Government



Crowdfunding ....






























 navigate econintersect.com

Blogs

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

Newspapers

Asia / Pacific
Europe
Middle East / Africa
Americas
USA Government
     

RSS Feeds / Social Media

Combined Econintersect Feed
Google+
Facebook
Twitter
Digg

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution

Contact

About

  Top Economics Site

Investing.com Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2016 Econintersect LLC - all rights reserved