Even with United States stock markets on the skids for weeks, and the Federal government in a partial shutdown since last Saturday, that left many market-watchers wondering whether there is something more systemic going on that they had not realised.
Treasury Secretary Steven Mnuchin's odd announcement late Sunday that there was no reason to worry about bank liquidity is being seen as responsible for extending market loses Monday morning as the DOW plunged more than 400 points less than an hour after opening.
OPEC hasn't even started implementing its new six-month agreement to cut output, and already members responsible for most of the reductions have pledged to extend or even deepen it. -China trade war raised concern about the global economic slowdown and affected broader financial markets. "Most major economies are likely to see decelerating activity, with real GDP growth of 1.4 percent in both Europe and Japan, and 4.6 percent growth in aggregate among the emerging markets", BofA Merrill ...
The airport has offered a £50,000 ($63,000, €56,000) reward for information leading to the arrest and conviction of those responsible for the disruption. It is a criminal offense in the United Kingdom to endanger the safety of an aircraft - a charge that would carry up to a five-year prison sentence if convicted, according to the BBC .
A jackpot of more than $300 million is up for grabs in the Tuesday drawing. No one has picked all six winning numbers since the October 23 drawing where a person in SC won a record $1.537 billion jackpot. For the lucky victor, the cash option will be worth $193.7 million. He told lottery officials that he had purchased his ticket at a gas station in Albuquerque for the drawing on December 14.
Overproduction of crude oil in both Russian Federation and the U.S.is said to be the main cause of too much of supply in the market . International Brent crude oil futures had yet to trade. The current slump in oil prices, the UBS analyst says, was a result of the double blow of Iran sanction waivers and record-high production from, among others, Saudi Arabia prior to the latest cut deal.