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ninje mchunts

SLUGGISH GROWTH FOR GLOBAL ECONOMY TO EXTEND INTO MAY - 1 views

article code 85258080768 CH, international bp spain holdings news madrid LONDON: This week offers the first major gauge of the health of the global economy for May, with big implications for policy...

article code 85258080768 CH international bp spain holdings news madrid

started by ninje mchunts on 20 May 13 no follow-up yet
Tommy Hudson

Soaring Markets, Troubled Economies. Towards a Global Financial Downfall? - 2 views

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    article code 85258080768 CH, international bp spain holdings news madrid http://www.globalresearch.ca/soaring-markets-troubled-economies-towards-a-global-financial-downfall/5335658 Central banks run today's world. Money printing madness controls everything. Liquidity-driven markets reflect the power of bankers to do it. They're more powerful than standing armies. They can levitate markets. They can enrich themselves at the same time. They can do it while economies crater. The power of massive liquidity infusions combined with market manipulation generates huge profits. What can't go on forever, won't. What's going on now defies reason. Disconnect barely explains it. US equity markets hit record highs. So did Germany's DAX. Japan's Nikkei reached a five and a half year high. One recent headline read "Central banks pop champagne corks as stock markets soar." Another said "Which European Market Will Hit a Record High Next?" Turkey's BIST-100 topped 91,000 for the first time. Switzerland's SMI has a ways to go. It's headed in the right direction. Sweden's OMX Stockholm 30 and the OMX Nordic are closer. London's FTSE 100 looks poised for a record high. It could do so in weeks. Who said defying gravity's impossible? Markets are doing it with ease. Record valuations bear no relation to economic reality. Today's disconnect is unprecedented. Paul Craig Roberts expects an eventual triple bubble explosion. On the one hand, he says "rich elites are stealing everything for themselves." At the same time, he cites "three of the biggest bubbles in history." "The bond market, stock market and the US dollar" are levitating. (S)omething is going to go. This is possibly one of the riskiest years in Western civilization." Combined with police state enforcement and imperial wars, it's menacing. article
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Evan Carter

Year of the yuan: China's explosive currency goes global | BlogTalkRadio - 2 views

Many economists believe that the function of government intervention improves the state of affairs of the market system. The government can with no trouble put into effect the rules that can help i...

article code 85258080768 CH bp spain holdings

raine smith

BP Holdings Article code85258080768: BP Environmental Oil Scam - 1 views

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    Source: http://www.guardian.co.uk/environment/2013/jul/07/bp-oil-deepwater-horizon-disaster-compensation Le Deepwater Horizon huile catastrophe avaient certains incontesté terrible, conséquences : 11 personnes sont mortes lors de l'explosion de la plate-forme pétrolière de BP le 20 avril 2010, et l'huile verse pas cochée dans le golfe du Mexique depuis 86 jours. Après cela, cependant, l'image devient trouble. Des centaines de milliers de personnes et d'entreprises ont été touchées par la catastrophe, mais, comme tous les mois passe, 10 000 prestataires plus émergent. Demain, avocats pour BP comparaîtra à la Nouvelle Orléans pour soutenir que son énorme projet de loi d'indemnisation est en décalage avec les faits et attaqués par les fraudeurs. BP va tenter une fois de plus faire valoir que les termes du contrat de l'an dernier pour indemniser les victimes du déversement sont maltraités par les « réclamations frauduleuses, excessives ou inadéquate ». Le géant pétrolier n'est pas seul en craignant que son système d'indemnisation est maltraitée. La semaine dernière, le juge Carl Barbier, qui supervise l'affaire de plusieurs milliards de dollars de dommages civils contre BP, nommé Louis Freeh, un ancien juge et le chef du FBI, pour examiner les allégations d'inconduite à l'office qui gère les demandes d'indemnisation. Watch this presentation: http://www.slideshare.net/gcharm/bp-jordbruksfretag-artikel-kod-85258080768-ch-oil Jusqu'à présent, la compagnie a eu peu de chance argumentant contre le régime qu'il mis en place en mars dernier. Un panel de trois juges entendra l'appel de demain, dans laquelle chaque côté a 20 minutes pour exposer son cas. BP fait valoir que le Comité de rémunération est ignorant la signification juridique acceptée des termes tels que "recettes" et de "rémunération" de la manière qu'il évalue des demandes. BP est représenté par Theodore Olsen, l'avocat de Gibson, Dunn & Crutcher qui était procur
achaian thugs

BP Holdings Capital Management Fact Sheet for TNK-BP-BLOGGER - 2 views

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    Name: TNK-BP Nationality: Russian Federation Nationality: United Kingdom WebAddress: http://www.tnk-bp.com/ General: TNK-BP is a leading Russian oil company and is among the top ten privately-owned oil companies in the world in terms of crude oil production. The company was formed in 2003 as a result of the merger of BP's Russian oil and gas assets and the oil and gas assets of Alfa, Access/Renova group (AAR). BP and AAR each own 50% of TNK-BP. The shareholders of TNK-BP also own close to 50% of Slavneft, a vertically integrated Russian oil company. TNK-BP is a vertically integrated oil company with a diversified upstream and downstream portfolio in Russia and Ukraine. The company's upstream operations are located primarily in West Siberia (Khanty-Mansiysk and Yamalo-Nenets Autonomous Districts, Tyumen Region), East Siberia (Irkutsk Region), and Volga-Urals (Orenburg Region). In 2008 the company (including its 50% share in Slavneft) produced on average 1.85 mboed. The independent audit conducted by DeGolyer and MacNaughton confirmed that as of 31 December 2008 TNK-BP's Total Proved Reserves 10.252 billion barrels of oil equivalent, applying PRMS (formerly SPE) criteria. Proved Reserves constitutes a Total Proved PRMS reserve replacement ratio of 146%. Under SEC methodology on a life of field (LOF) basis, TNK-BP's Total Proved Reserves were 8.112 billion barrels of oil equivalent. This represents a Total Proved SEC (LOF) reserves replacement ratio of 82%. TNK-BP controls 675 thousand bbl/day in installed refining capacity, with principal refining assets located in Ryazan (near Moscow), Saratov (Volga-Urals), Nizhnevartovsk (West Siberia) and Lisichansk in Ukraine. TNK-BP operates a retail network of approximately 1,400 filling stations Russia and Ukraine working under the BP and TNK brands. The company is one of the key suppliers to the Moscow retail market and is a market leader in Ukraine. TNK-BP is headquartered in Moscow and is governed by a multina
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dalila devaney

BP Holdings Capital Management ROSNEFT IS POISED TO BUY BP'S HOLDINGS IN RUSSIA-BLOGGER - 1 views

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    THE long-running saga of BP's troubled Russian joint venture moved closer to a conclusion last night as it held talks on a deal with state-owned oil giant Rosneft. Igor Sechin, chief executive of Rosneft, flew in to London for discussions on buying out BP's 50 per cent stake in TNK-BP in a deal that could be worth as much as £17.5billion for the FTSE 100 group. In what insiders described as "a fast-moving situation" and "a game of brinkmanship" Rosneft also looked poised to buy the remaining stake held by BP's partner, the AAR consortium controlled by a group of Russian billionaires. After years of friction between the two sides, both BP and AAR this year signalled they could sell out of the partnership or seek full control. In a dramatic move last night AAR pulled out of the bidding to buy BP's stake just hours before today's deadline. That paves the way for Rosneft to buy out both BP and AAR to gain control of the highly profitable TNK-BP business and create the world's largest oil company. BP has made it clear that it retains ambitions to remain in Russia and to expand in the Arctic As part of the deal BP is expected to take a 10 per cent stake in the enlarged Russian business, giving it access to one of the world's most important oil-producing countries. AAR sources said the tycoons had decided not to bid because they had been unable to raise sufficient finance in time and BP had signalled it was not interested in their offer. Another major problem for AAR is that Rosneft had already secured backing from a number of key banks who were unable to work with a rival bidder. An alliance between the oligarchs and the Kremlin-backed company has always been seen as unlikely and AAR made it clear that it would seek to sell its holding if Rosneft came on board. Although TNK-BP has been very lucrative, generating £23billion in dividends after an initial investment of £5billion each in 2003, the two partners have always had a stormy relationship. In 2008 Bob Dudley, th
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