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Is Saudi Arabia’s Oil Strategy Working?

October 31, 2017 Nick Cunningham 0

The IMF estimated that Saudi Arabia will need oil prices to trade at about $70 per barrel in 2018 for its budget to breakeven, a dramatic improvement from the $96.60 per barrel it needed just last year. Saudi’s improvement is the most dramatic out of all the Middle Eastern oil producers, and it also suggests the combination of austerity, cuts to wasteful subsidies, new taxes and economic reforms are starting to bear fruit. The improvement is all the more important because Saudi Arabia and its fellow OPEC members are restraining output as…

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The Tatiana Show – Arry Yu Of StormX & Richard Jacobs Of Bitcoin Superconference

Tatiana interviews Arry Yu of StormX & Richard Jacobs of Bitcoin Superconference.Topics include:–“Getting Into Crypto”–“The Bitcoin Superconference”–“Getting into Tech from Music”–“The Evolution of StormX”About the Guests:-Richard Jacobs is an entr…

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As Under Armour Collapses, CEO Builds Elitist Hotel & Whiskey Distillery

October 31, 2017 Tyler Durden 0

Earlier, we reported on Under Armour’s epic stock collapse down over -75% from its September 2015 highs. This is one stock Central Bankers forgot to buy. Today’s stock crash -15% is being felt across Baltimore once again, city streets are e…

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