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posted on 12 September 2016

Early Headlines: Asia Stocks Drop, Oil Down, Clinton Is Sick, UK Recession Fades, Syrian Rebels Leery, Russia-Turkey Gasline, Hong Kong Sees Fewer Shoppers And More

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Early Bird Headlines 12 September 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.




  • Oil prices fall as U.S. drillers add new rigs, speculators cut long positions (Reuters) Crude prices fell over 1.5% early Monday after U.S. oil drillers added rigs to look for new production as producers adapt to cheaper crude, with speculators cutting positions betting on further price rises. Brent crude futures LOCOc1 were trading at $47.29 per barrel at 0200 GMT (10:00 p.m. EDT), down 72 cents, or 1.5%, from their last settlement. U.S. West Texas Intermediate futures CLc1 were down 80 cents, or 1.74%, at $45.08 a barrel.

  • Manufacuring Output, Top Five Countries (Mark Perry, Twitter) MP has contributed to GEI.







  • Life After the Brexit Vote Gets Under Way in Brussels (Bloomberg) Prime Minister Theresa May insists that Britain will be a "strong player and a strong voice" in the European Union for as long as it remains a member, yet signs of the U.K.'s waning EU clout will be on full display this week.



  • Syrian Rebels leery of cease-fire plan (Associated Press) Rebel factions in Syria expressed deep reservations on Sunday about the terms of a U.S.-Russian deal that seeks to restart the peace process for the war-torn country, with the leader of at least one U.S.-backed rebel faction publicly calling the offer a "trap."


North Korea

  • North Korea says sanctions push after nuclear test 'laughable' (Reuters) North Korea said on Sunday a push for further sanctions following its fifth and biggest nuclear test was "laughable", and vowed to continue to strengthen its nuclear power. The isolated state on Friday set off its most powerful nuclear explosion to date, saying it had mastered the ability to mount a warhead on a ballistic missile, ratcheting up a threat that its rivals and the United Nations have been powerless to contain.


  • Hong Kong losing status as China's 'great mall' (Financial Times) Wealthy Chinese are no longer flocking to Hong Kong for shopping sprees. The mainland's anti-corruption clampdown, testy relationship of Hong Kong with Beijing and changing consumer habits hurt sales.

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