News 

Drilling in Alaska National Wildlife Refuge to get fast review

“The Interior Department has commissioned an expedited environmental review of the impact of leasing part of the Arctic National Wildlife Refuge for oil and gas drilling, according to a document released under the Freedom of Information Act” writes Steven Mufson Covers for washingtonpost.com. Normally, an agency doing an environmental impact statement would have the option of recommending no action, but that is not an option under the legislation.Mack said that makes the process “a little different,” and added it is unclear how federal officials will address that contradiction.That gives the…

Read More
News 

The Crime-Fighting Power of Dead, Stuffed Animals

“Encompassing everything from elephant ivory to shark fins to live animals destined to be sold as pets, wildlife trafficking is one of the most lucrative illegal activities in the world” writes James Gaines for theatlantic.com. Levine’s case went to trial as part of Operation Crash—a criminal investigation by FWS and the Department of Justice into the country’s involvement in the black-rhino trade.Trailing only behind narcotics, weapons, and human trafficking in terms of profit, Defenders of Wildlife estimates that the trade brings in more than $20 billion each year, including $2…

Read More
News 

Firmer U.S. dollar boosts corporate interest in currency hedging

“Foreign currency earnings of U.S. multinational companies are worth less in dollars when the currency is stronger” writes Midwest Communications Inc for 95kqds.com. The company, which does not plan to change its stance on currency hedging, will try to move more of its costs offshore, to help create a natural hedge, a Netflix spokesman said.Interest rate differences between countries drive hedging costs, and as the Fed raises interest rates it can become more attractive to hedge.”This will be another wake-up call,” said Wolfgang Koester, chief executive at currency risk consulting…

Read More
News 

USD: Set To Remain Bid On Trade War; EUR/USD Vulnerable To Slide Towards 1.15 – Danske

“This has changed the impact of trade tensions on, notably, the USD. Near-term, the scorecard highlights the case for USD support if the trade dispute escalates” writes Yohay’s Google Profile for forexcrunch.com. For lots more FX trades from major banks, sign up to eFXplus By signing up to eFXplus via the link above, you are directly supporting Forex Crunch.While EUR/USD could slide towards 1.15 on this, we do not see much further downside in the cross than that from the ECB already being dovishly priced and the Fed increasingly alert to the negative…

Read More
News Regulators 

Fed report shows tariff concerns rising among business contacts

“Manufacturers in all districts expressed concern about tariffs and in many districts reported higher prices and supply disruptions that they attributed to the new trade policies,” the Fed said in its report” writes Midwest Communications Inc for 95kqds.com. A number of districts reported higher input costs due to the import tariffs raising prices for fuel, metals and other goods. Source: 95kqds.com Share This:

Read More
News Oil 

Qatar Airways adapts to blockade, may avoid making a loss

“Qatar Airways is starting up to 18 new routes to offset the impact of the blockade, and said it could also make investments to help to boost its results” writes Midwest Communications Inc for 95kqds.com. For the time being Qatar Airways is moderately hedged … well if it comes I may have to (hedge),” he told Reuters, referring to a potential rise in oil prices.”There is a possibility that we will post also a loss in our current financial year, but it’s only a possibility,” Chief Executive Akbar al-Baker told…

Read More
Markets News 

UBS: Investors are underestimating how much worse Trump’s trade war might get — and how apocalyptic it could be for stocks

“The foundations of international trade are being raised and being questioned,” he added, saying that markets could fall as much as 15% on the back of the trade war” writes Will Martin for businessinsider.com. We see potential for European markets to de-rate c2x.Here’s the chart from UBS, showing just how big a fall could be expected: Non-direct impacts of the trade war on stocks would exacerbate the problems, the team added, with price-to-earnings ratios also hurt.”The market’s having a hard time digesting the whole change in globalization and trade,” Fink…

Read More
News 

Boeing concerned about tariff talk, but no business impact yet

“Boeing executives said the market would be better served by a tailor-made aircraft with superior economics” writes Midwest Communications Inc for 95kqds.com. “Aerospace thrives on global trade, free and open trade,” Muilenburg said, adding the sector drove economic benefit globally.LONDON (Reuters) – Boeing Co is concerned about the impact of possible trade tariffs on the cost of running its supply chain, but has not yet seen any impact from U.S.-Chinese trade tensions on its business, Chief Executive Dennis Muilenburg said on Sunday.So in terms of actual implementation and things that…

Read More
News 

A psychologist reveals how work stress can impact your weight — and what you can do about it

“While there is some question about whether or not desk jobs are to blame, research suggests that job stress and fatigue can definitely have a negative impact” writes Patricia Thompson for businessinsider.com. While the people you work with can have either a positive or negative impact on your health, so can your job itself.By decreasing the amount of stress you experience at work, you’ll be taking a stand for improving your health.For example, a study published in 2010 showed chronic stress on the job was linked to higher Body Mass…

Read More