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posted on 18 November 2016

Early Headlines: Asia Stocks Mixed, Oil Lower, Dollar Up, Lots Of Solar System Water, More Trump Confusion, India Killing Gold, Abe Confident In Trump, Canada Fracking Quakes And More

Written by Econintersect

Early Bird Headlines 18 November 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.






  • GOP braces for Trump’s $1T infrastructure push (The Hill) Republicans in Congress appear ready to embrace President-elect Donald Trump’s $1 trillion infrastructure proposal - at least for now. But even the most optimistic lawmakers caution that conservative support for his plan will hinge on the details, such as how the package is paid for and whether it’s coupled with other GOP priorities.

  • Trump takes credit for stopping Ford from moving jobs to Mexico, even though it wasn’t going to happen (The New York Daily News) President-elect Donald Trump took credit Thursday for preventing a move that was never going to happen in the first place. While Ford has made clear the company will move production of small cars from Michigan to a plant in Mexico, there’s no indication the automakers two plants in Kentucky were even in danger of closing. And Ford has said that the small car move is being made to "make room for two very important products we’ll be putting back into Michigan plants" and "there will be no jobs impact whatsoever". Here is the president-Elect's tweet (welcome to the fact-free zone):

Click for large image.


Click for large image.




Click for larger image.




  • In Canada, a Direct Link Between Fracking and Earthquakes (The New York Times) In Canada, a spate of earthquakes in Alberta within the last five years has been attributed to fracking, or hydraulic fracturing, in which water, chemicals, and sand are injected at high pressure into a well drilled in a shale formation to break up the rock and release oil and gas. Now, scientists at the University of Calgary who studied those earthquakes, near Fox Creek in the central part of the province, say the quakes were induced in two ways: by increases in pressure as the fracking occurred, and, for a time after the process was completed, by pressure changes brought on by the lingering presence of fracking fluid.

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