Economía

Karen Clarke puts Harvey insured loss at $15bn

Karen Clarke puts Harvey insured loss at $15bn The other way that property owners may have coverage, of course, is through flood insurance , which is typically provided by the federal government. It also slammed FEMA for leaving the federal flood insurance program - called the National Flood Insurance Program at "risk for fraud, waste, abuse, or mismanagement". [Full Article...]

Check If You Need Flood Insurance

Check If You Need Flood Insurance This will help lift the burden off of property owners for determining their own flood risks, and will give more flexibility to the NFIP and private insurers to offer rates that accurately reflect the risk that a property faces. Copyright 2017 NPR. To see more , visit http://www.npr.org/. The Federal Flood Risk Management Standard was just such a prudent measure, a reasonable precaution to limit... [Full Article...]

US Deploys F-35B Stealth, B-1B Bombers to Korean Peninsula

US Deploys F-35B Stealth, B-1B Bombers to Korean Peninsula The B-1Bs were flown in from Andersen Air Force Base in Guam while the F-35s came from a US base in Iwakuni, Japan , the official said. They conducted a mock bombing drill, which simulated a surgical strike of key enemy facilities, over the Pilsung Range in the eastern province of Gangwon. [Full Article...]

Tigers' Justin Upton to the Angels in a shocking trade

Tigers' Justin Upton to the Angels in a shocking trade Though he has homered 21 times, Pujols is hitting only.232 with a.665 OPS. Upton is having one of the best years of his career in Detroit this season. The Orioles have been a game or two behind the Halos in the race for the second Wild Card spot for most of August. Going into September the Angels will have six games against the Texas Rangers , three against the Athletics, six against th... [Full Article...]

Energy Dept. Taps Into Oil Reserves as Gas Prices Rise Nationwide

Energy Dept. Taps Into Oil Reserves as Gas Prices Rise Nationwide Make sure your auto is running properly: the vehicle needs to have oil, fluids topped off, proper engine function in order to use the least amount of fuel while operating. Marathon Petroleum Corp's Galveston Bay Refinery in Texas City, Texas, had raised production to 45 percent of its 459,000 bpd capacity, sources told Reuters . [Full Article...]

Cabinet re-shuffle to take place on September 3

A senior AIADMK official in Chennai said "current AIADMK scenario" was indeed discussed in both the meetings. Also, Sanjiv Baliyan, the MP from Muzaffarnagar who was serving as minister of state under Uma Bharati, put in his papers. He was given the Defence Ministry after Manohar Parikkar's resignation, who then became Goa's chief minister. If even heavy weights like Uma Bharati, Kalraj Mishra... [Full Article...]

US Dollar Index and Treasury Yields Are Strong on August 31

US Dollar Index and Treasury Yields Are Strong on August 31 Gasoline futures surged 13.5 percent as nearly a quarter of USA refining capacity remained offline due to Tropical Storm Harvey and traders scrambled to reroute millions of barrels of fuel. Benchmark 10-year U.S. Treasury notes were up 7/32 in price to yield 2.1222 percent, down from 2.145 percent on Wednesday. "Stocks are rebounding today because there is a perception that North Korean tensio... [Full Article...]

Jobs Added in August

Jobs Added in August A few industries experienced particularly strong gains. Some of the biggest jobs gains occurred in manufacturing, construction and health care. The government workforce contracted again last month, falling by 9,000. African Americans are within striking distance of 7 percent unemployment, an all-time low for this group since record-keeping began in 1972, set in April 2000. [Full Article...]

Nurse Arrested After She Refuses To Draw Blood On Unconscious Patient

Nurse Arrested After She Refuses To Draw Blood On Unconscious Patient I'm not going to get blood. "In fairness to all those involved I have requested a criminal investigation into the incident so that the District Attorneys office could screen the matter after gathering all the facts", Gill stated. Although Wubbels was later released and no charges were filed against her she and her attorney Kara Porter said in a press conference held Thursday that they released t... [Full Article...]

Gasoline future prices jump in Harvey's wake due to refinery disruptions

Gasoline future prices jump in Harvey's wake due to refinery disruptions Low oil prices made it more profitable for refiners to turn oil into gasoline, and they created even more than needed. Across Houston last week, motorists refueled before Hurricane Harvey struck, leaving many gas stations with empty tanks. [Full Article...]

Oil prices volatile amid consequences of Hurricane Harvey

Oil prices volatile amid consequences of Hurricane Harvey About 4.4 million barrels of United States refining capacity have been shut by Harvey, based on company reports and Reuters estimates. The storm is preventing ocean tankers from delivering competing loads of imported foreign crudes in Houston but it is also interfering with some of the 400,000 barrels of Canadian crude normally delivered daily to the Gulf Coast, about 11 per cent of Canada's... [Full Article...]

GDP growth hits 3 Year low 5.7% in Q1

GDP growth hits 3 Year low 5.7% in Q1 The South Asian nation's gross domestic product grew 5.7% in the quarter ended June, the government said Thursday. Nominal GVA slowed down to 7.9% - lower from 11.3% in last quarter. "However, de-stocking has now been completed, and therefore we can expect production to go up", he said. But there are deeper problems that needs proper twerking in India . [Full Article...]

99% of the demonetised notes back into the banking system

99% of the demonetised notes back into the banking system The RBI wrote in the report that year-on-year growth rates of the total volume of retail electronic payments, which had averaged around 37% during April to October 2016, shot up to almost 70% in November and then further to as much as 123% in December 2016; in subsequent months, the growth rates had moderated, it said . [Full Article...]

Harvey's Sucker Punch to US Refineries Sends Oil Market Into a Tailspin

Harvey's Sucker Punch to US Refineries Sends Oil Market Into a Tailspin To that point, gasoline prices swelled to their highest level in over two years, topping $2.00 per gallon. And restarts are unsafe periods, as fires and explosions can occur. Gulf Coast, which is the nation's key energy hub. The refining capacity that has been idled because of the storm is about 11.2 percent of the US total, and the immediate impact is being felt in gasoline prices. [Full Article...]

The lululemon athletica inc. (LULU) Issues Q3 Earnings Guidance

The lululemon athletica inc. (LULU) Issues Q3 Earnings Guidance Finally, Susquehanna Bancshares Inc reaffirmed a "neutral" rating and set a $51.00 price objective (down previously from $57.00) on shares of lululemon athletica inc.in a research note on Wednesday, May 31st. Lululemon expects full-year earnings of $2.35 to $2.42 per share, with revenue of $2.55 billion to $2.6 billion. The correct version of this piece of content can be accessed at ... [Full Article...]

Congress calls note ban the biggest scam

Congress calls note ban the biggest scam Around 1.7 trillion rupees of deposited cash was also being investigated by the tax authorities, officials said. "Was demonetization a scheme created to convert black money into white?" The Reserve Bank of India's (RBI ) annual report 2016-17 stated that almost 99% of the demonetised high denomination bank notes namely old Rs 500 and Rs 1000 have been brought back to system. [Full Article...]

Local groups help collect donations for Hurricane Harvey victims

Local groups help collect donations for Hurricane Harvey victims With all of the destruction in southeast Texas after Hurricane Harvey, there is a dire need for help. "People all over the country are charitable". "Our Texas family of customers and associates are experiencing devastating impact from this storm", said Walmart President and CEO Doug McMillon. [Full Article...]

Looters Attack Cajun Navy With Guns During Attempted Rescue In Houston

Looters Attack Cajun Navy With Guns During Attempted Rescue In Houston On board were two members of the so-called Cajun Navy , volunteers from the Baton Rouge area, plus two state police officers. For Elston, the mission is personal. "I turned to my wife", he said. Stranded victims are uploading messages asking for help, while volunteers are talking to them directly, letting them know when help is on the way. [Full Article...]

Harvey: Why oil prices are falling, not spiking

Harvey: Why oil prices are falling, not spiking At least 3.6 million barrels per day (bpd) of refining capacity is offline and more refineries are at risk of shut downs as the storm relentlessly dumps rain on Texas and heads toward Louisiana. Consider that USA oil companies had stockpiled 463 million barrels of crude as of last week, according to the government. However, the market shrugged off the report , since the time frame was unlikely ... [Full Article...]

Gasoline spikes after Harvey shuts down Gulf Coast refineries

Gasoline spikes after Harvey shuts down Gulf Coast refineries At the US West Texas Intermediate ( WTI ), crude futures settled $1.27 higher at $47.23 per barrel, up 2.76 per cent. The global benchmark Brent crude climbed 2% to $51.87 a barrel. Valero Energy reported Sunday that there were no "substantial refinery impacts" because of the storm. US gasoline futures were up 5.9 percent to settle at 1.8847 a gallon, having hit $1.9140, the highest since Ju... [Full Article...]


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