News Oil 

OPEC deal needs to last at least 2 years: Total CEO

“Several OPEC nations, including cartel kingpin Saudi Arabia, have already discussed the possibility of letting the deal run through 2018” writes Markets Reporter for marketwatch.com. OPEC’s efforts to boost prices and balance the oil market are working, but they will need to run for at least another year, according to Total CEO Patrick Pouyanné. Source: marketwatch.com Share This:

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Senate health care deal in doubt as Trump says he’s opposed

“A bipartisan Senate deal to curb the growth of health insurance premiums is reeling after President Donald Trump reversed course and opposed the agreement and top congressional Republicans and conservatives gave it a frosty reception” reports foxbusiness.com. Under the lawmakers’ agreement, the payments would continue for two years while states were given more leeway to let insurers sidestep some coverage requirements imposed by President Barack Obama’s health care law. Source: foxbusiness.com Share This:

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A Bipartisan Obamacare Breakthrough

“After a lunchtime briefing from Murray, Schumer said there was broad support among Democrats for the deal” writes Russell Berman for theatlantic.com. Representative Mark Walker of North Carolina, chairman of the conservative Republican Study Committee, also panned the agreement. “The GOP should focus on repealing & replacing Obamacare, not trying to save it. Source: theatlantic.com Share This:

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Nuclear deal cannot be renegotiated or altered, Iran tells UN

“While supporting the overall objective the Treaty on the Prohibition of Nuclear Weapons, we stress that it needs to be complemented by urgent conclusion of a comprehensive convention on nuclear weapons” reports tehrantimes.com. Likewise, concrete practical measures on the total elimination of nuclear weapons need to be adopted in the 2020 NPT Review Conference.Gholamali Khoshroo, Iran’s ambassador to the UN, has said that the 2015 nuclear deal is an international agreement and cannot be renegotiated or altered. “As stressed in Iran’s recent statement, the JCPOA (the official name for the…

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Allergan’s unusual deal with a Native American tribe could be backfiring

“The case was regarding Restasis, a blockbuster eye drug whose patents Allergan had in September given to the Saint Regis Mohawk Tribe” writes Lydia Ramsey for businessinsider.com. “Even before today, AGN’s stock had lost 12% of its value since the company announced the controversial Restasis patent agreement with the Saint Regis Mohawk Tribe.Allergan, the drugmaker behind Botox, on Monday, had patents on one of its key drugs invalidated by a district court judge.The unusual move gave Restasis sovereign immunity from certain patent challenges, and led to a lot of backlash from…

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Crypto News 

Binary.com ‘Blockchain IPO’ Tokens to List on Lykke Vanuatu Exchange

“Lykke Vanuatu and Binary.com, a binary options trading platform, today announced an agreement to list tokens from the forthcoming Binary.com IPO on the blockchain on the Lykke Vanuatu Exchange” reports financemagnates.com. To obtain these rights, traders need only purchase one or more tokens from the exchange once they become available. “We are looking forward to being listed on Lykke Vanuatu Exchange,” added Sireau. “We are anticipating a good result.”. Jean-Yves Sireau, founder and CEO of the company, explained: “An IPO on the blockchain breaks down barriers for us. Source: financemagnates.com Share…

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Rogue Iran Is a Global Threat

“Despite the signing of the Joint Comprehensive Plan of Action (JCPOA), Iran remains the most serious threat today to peace and security in the Middle East, if not the world” writes Sajad Jiyad for foreignpolicy.com. Failure to hold Iran in check will not only lead to more terrorism but to the near certainty that the day will come when Iran will openly defy the nuclear agreement.According to some estimates, since July 2015 — when the nuclear agreement was reached — Iran has conducted more than a dozen ballistic missile tests.More…

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Trump: Termination of Iran deal ‘a very real possibility’

“President Trump warned that “a total termination” of the Iran nuclear deal is “a very real possibility” if the regime persists with an aggressive foreign policy” writes Joel Gehrke for washingtonexaminer.com. “I’m tired of being taken advantage of as a nation,” he said. “[Iran] negotiated a phenomenal deal for themselves, but a horrible deal for the United States.”. But Trump emphasized that he is willing to abandon the deal if new improvements don’t materialize. Source: washingtonexaminer.com Share This:

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