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Why an iWatch may not be as big as the iPhone

Why an iWatch may not be as big as the iPhone | EconMatters | Scoop.it
Unlike the mobile device market, consumers will demand more choice when it comes to wearables, said Hosain Rahman, founder and CEO of Jawbone.
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Goldman cuts outlook for whole commodity sector

Goldman cuts outlook for whole commodity sector | EconMatters | Scoop.it
After countless oil price downgrades, analysts at Goldman Sachs have cut their outlook for the commodity sector as a whole.
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BHP to reduce US onshore rigs by 40% by July

BHP to reduce US onshore rigs by 40% by July | EconMatters | Scoop.it
Australia’s BHP Billiton will reduce its US onshore rig presence from 26 to 16 by July in response to lower oil prices.
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Goldman Sachs’s Cohn Says Oil Prices May Hit $30 in Extended Slump

Goldman Sachs’s Cohn Says Oil Prices May Hit $30 in Extended Slump | EconMatters | Scoop.it
Oil prices will probably continue to decline and could reach as low as $30 a barrel, according to Gary Cohn, president of Goldman Sachs Group Inc.
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OPEC’s El-Badri Says $200 Oil Possible With Lack of Spending

OPEC’s El-Badri Says $200 Oil Possible With Lack of Spending | EconMatters | Scoop.it
OPEC’s secretary-general said oil prices as high as $200 a barrel are possible if producers fail to invest in new supply. Crude futures erased losses London and New York.
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Euro hits 11-year low: Will it go below $1?

Euro hits 11-year low: Will it go below $1? | EconMatters | Scoop.it
Talk that the euro could weaken below $1 over the next year is growing after the European Central Bank unleashed monetary stimulus to boost growth.
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New Saudi King Signals Same Oil Policy That Has Helped Sink Prices

New Saudi King Signals Same Oil Policy That Has Helped Sink Prices | EconMatters | Scoop.it
King Salman, Saudi Arabia’s new ruler, will keep Oil Minister Ali Al-Naimi in his post, bolstering expectations that he will continue the policy of maintaining crude output to preserve market share even as prices have plunged.
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Gunvor Sees No Return to $100 Oil Once Price Plunge Is Reversed

Gunvor Sees No Return to $100 Oil Once Price Plunge Is Reversed | EconMatters | Scoop.it
Oil prices won’t recover to $100 a barrel once a current rout is reversed, said the head of research at Gunvor Group Ltd., a firm trading more than 2.5 million barrels of crude and fuels each day.
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China's crude oil stockbuild in December jumps to 915,000 b/d

China's crude oil stockbuild in December jumps to 915,000 b/d | EconMatters | Scoop.it
China's crude oil stockbuild in December jumps to 915,000 b/d - Read this Platts oil news article here. Plus discover more oil market news, products & services.
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Euro Weakens as Draghi Announces Expanded Asset-Purchase Program

Euro Weakens as Draghi Announces Expanded Asset-Purchase Program | EconMatters | Scoop.it
The euro weakened toward an 11-year low against the dollar as the European Central Bank expanded its bond-buying program to include government bonds, a policy that tends to debase the currency.
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Central Banks Step Up Low-Inflation Fight as Canada Cuts Rate

Central Banks Step Up Low-Inflation Fight as Canada Cuts Rate | EconMatters | Scoop.it
Global central banks intensified their battle against slowing inflation as the risk of defeat mounts.
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Iraq Says Oil Output Must Rise to Compensate for Price Drop

Iraq Says Oil Output Must Rise to Compensate for Price Drop | EconMatters | Scoop.it
Iraq, the nation adding more new oil to global markets than any other supplier in OPEC, said it needs to boost production and exports of crude to compensate for collapsing prices.
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Iran Sees ‘No Threat’ from Oil at $25 If Prices Keep Tumbling

Iran Sees ‘No Threat’ from Oil at $25 If Prices Keep Tumbling | EconMatters | Scoop.it
OPEC has no immediate plan to cut its output target for crude, and Iran is strong enough to withstand a deeper slump in prices even if the country must sell at $25 a barrel, Oil Minister Bijan Namdar Zanganeh said.
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U.S. Envoy Heads to Cuba for First Time Since Carter Amid Reset

U.S. Envoy Heads to Cuba for First Time Since Carter Amid Reset | EconMatters | Scoop.it
When Roberta Jacobson’s plane touches down in Havana this week, she will be the highest-ranking U.S. diplomat to visit the island since President Jimmy Carter’s administration. Her job? Help restore diplomatic relations severed at the height of the Cold War.
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Asia sees a 'tight' oil market despite global glut - Oil | Platts News Article & Story

Asia sees a 'tight' oil market despite global glut - Oil | Platts News Article & Story | EconMatters | Scoop.it
Asia sees a 'tight' oil market despite global glut - Read this Platts oil news article here. Plus discover more oil market news, products & services.
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U.S. Stocks Slide as Durable Goods Orders Drop, Microsoft to Caterpillar Results Disappoint

U.S. Stocks Slide as Durable Goods Orders Drop, Microsoft to Caterpillar Results Disappoint | EconMatters | Scoop.it
U.S. stocks tumbled as a drop in durable- goods orders and disappointing results from Caterpillar Inc. to Microsoft Corp. heightened concern about the economy’s strength.
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Russia Credit Rating Cut to Junk by S&P First Time in Decade

Russia Credit Rating Cut to Junk by S&P First Time in Decade | EconMatters | Scoop.it
Russia’s foreign-currency credit rating was cut to junk by Standard & Poor’s, putting it below investment grade for the first time in a decade.
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Tsipras Forges Anti-Austerity Coalition in EU Challenge

Tsipras Forges Anti-Austerity Coalition in EU Challenge | EconMatters | Scoop.it
Alexis Tsipras was sworn in as Greek prime minister and handed a mandate to form a government that will challenge international creditors over the budget cuts he said had heaped humiliation on the country.
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Meet the New King, Same as the Old King: Price-Crushing Oil Policy Stands

Meet the New King, Same as the Old King: Price-Crushing Oil Policy Stands | EconMatters | Scoop.it
King Salman, Saudi Arabia’s new ruler, will keep Oil Minister Ali Al-Naimi in his post, bolstering expectations that he will continue the policy of maintaining crude output to preserve market share even as prices have plunged.
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Saudi Arabia’s King Abdullah Is Dead, Prince Salman Named King

Saudi Arabia’s King Abdullah Is Dead, Prince Salman Named King | EconMatters | Scoop.it
Saudi Arabia’s King Abdullah died and has been succeeded by Prince Salman, state-run Saudi media reported, citing the royal court.
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Oil Slips as U.S. Crude Stockpiles Surge Most in 14 Years

Oil Slips as U.S. Crude Stockpiles Surge Most in 14 Years | EconMatters | Scoop.it
Oil extended losses after a government report showed that U.S. crude supplies surged the most in almost 14 years.
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Oil Falls as ECB Asset Purchase Program Boosts Dollar

Oil Falls as ECB Asset Purchase Program Boosts Dollar | EconMatters | Scoop.it
Oil retreated as the dollar strengthened against the euro after the ECB announced an expanded asset- purchase program.
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Gold's Relationship to Oil Flips With Deflation Risks on the Rise

Gold's Relationship to Oil Flips With Deflation Risks on the Rise | EconMatters | Scoop.it
Gold’s relationship to oil has been turned on its head.
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ECB Seeks to Inject Up to 1.1 Trillion Euros Into Economy in Deflation Fight

ECB Seeks to Inject Up to 1.1 Trillion Euros Into Economy in Deflation Fight | EconMatters | Scoop.it
Mario Draghi called on the European Central Bank to make its biggest push yet to fend off deflation and revive the economy by unleashing a debt-buying spree of 1.1 trillion euros ($1.3 trillion).
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BHP Cuts U.S. Shale Spending as Oil to Iron Ore Prices Decline

BHP Cuts U.S. Shale Spending as Oil to Iron Ore Prices Decline | EconMatters | Scoop.it
BHP Billiton Ltd., the biggest overseas investor in U.S. shale, will cut the number of its rigs there by about 40 percent as plunging petroleum prices add to concerns about lower iron ore earnings.
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ECB May Deliver $635 Billion to Steer Euro Away From Deflation

ECB May Deliver $635 Billion to Steer Euro Away From Deflation | EconMatters | Scoop.it
Mario Draghi is likely to announce a 550 billion-euro ($635 billion) bond-purchase program this week and won’t skimp too much on the details, economists say.
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