by Don Quijones • • Comments Off on The Rajoy Horror Picture Show Lumbers On
By Don Quijones: Two years ago, Mariano Rajoy rode a wave of public anger to victory in Spain’s general election. The man who could never win anything was suddenly gifted the closest any politician can hope to get to absolute power in an ostensibly democratic society.
by Wolf Richter • • Comments Off on How Much Is My Private Data Worth? (Google Just Offered Me Money)
The first thing I noticed after I’d removed the glossy brochure from the envelope was the crisp $5 bill. I’m a sucker for free money. After peeling it off the letter, I started reading. It was from Google and involved a lot more money – in return for just about all my private data.
by Wolf Richter • • Comments Off on The Stock Bubble In Context (Will The Last Bear Please Turn Out The Lights?)
Stock market bubbles – they allow investors to make the mostest the fastest – don’t happen in a vacuum. They happen in a context. But this time, the context is different. Very different.
by Wolf Richter • • Comments Off on French Megabank: “Germany Should Leave The Eurozone”
Suddenly, there’s a solution to France’s economic crisis. Unlike the cacophonous clamor from the far right to drop the euro, this one is attractively presented with graphs and in terms that even a French politician might understand. And it’s not contaminated by partisanship.
by Wolf Richter • • Comments Off on Seems The NSA Spied On Me When I Lived In Belgium
Another Edward Snowden revelation indicates that I, a humble, incoherent, harmless, and (mostly) law-abiding American, may have gotten tangled up in the NSA’s vast spying dragnet for inexplicable reasons of national security. It’s getting personal.
by Contributor • • Comments Off on Rising Costs A Silent Killer In US Oil Exploration And Production (But Where Are The Opportunities?)
By Dave Forest, Oil & Energy Insider:Critical news for the Exploration & Production sector came this month. Not a new discovery. Not a drilling technique. It didn’t come from geologists or engineers. It came from accountants: ballooning costs as silent E&P killer.
by Wolf Richter • • Comments Off on Japan Is Used To Natural Disasters, But This One Is Man-Made
The dogfight over Japan’s biggest problem, its gargantuan government deficit, entered its annual ritual of leaks and pressure tactics that usually lead to a pre-Christmas draft budget with an even bigger deficit. But this time, it’s different. Very different.
by Oilprice.com • • Comments Off on The Makings of a Petro-State in North Dakota
By Nick Cunningham, OilPrice.com: The Energy Information Administration predicts the Bakken formation in North Dakota will surpass 1 million barrels per day of oil production in December. Since 2010, production has skyrocketed. So has the money.
by Wolf Richter • • Comments Off on The Most Despised Tax-And-Retreat French President Sinks Deeper Into Economic Quagmire
“Insurrection” is showing up in the French media, though it’s still more an exaggeration than a description. “Fiscal discontent” is better, but not broad enough. Now François Hollande, the most despised French President in the history of polls, is going to turn this mess around.
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