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Thursday, May 23, 2013

Europe's Oil Price-Fixing Scandal: The Next Libor?


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This Day in EconHistory: 1949 - The Federal Republic of Germany is established.

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Oil Industry

Europe's Oil Price-Fixing Scandal: The Next Libor?

By: QFinance  |  Date: 23 May 2013

The European Commission's probe of alleged manipulation of crude oil benchmark prices has now gone beyond just the major oil companies to include even energy trading firms and price-reporting agencies. Following the Libor scandal last year, the markets really did not need yet another trillion-dollar scandal.   Read more ▶


About The Author: QFinance

QFINANCE is a unique collaboration of more than 300 of the world's leading practitioners and visionaries in finance and financial management, covering key aspects of finance including risk and cash-flow management, operations, macro issues, regulation, auditing, and raising capital.


In Focus Today
1

Millions Falling Into Poverty As Italy Endures Recession and Soaring Unemployment

Almost 15 million people, or a quarter of the population, in Italy were living in some form of economic hardship at the end of 2012, as the eurozone's third largest economy endures one of its longest recessions amid soaring unemployment and drastic spending cuts.   Read more ▶

Kurdish Crude Exports Via Turkey To Rise By 50 Percent Next Month: Report

Iraqi Kurdistan, officially a federal entity of Iraq, will independently export nearly 60,000 barrels per day (bpd) of crude oil through Turkey by the end of June, reported Reuters on Wednesday, raising the possibility of further tension with Baghdad, who have deemed all non-centrally approved oil sales as illegal.    Read more ▶

2
3

EU Backs US-Led Tax Evasion Crackdown

European leaders have thrown their weight behind a growing momentum on tax evasion crackdown, backing U.S.-led efforts to develop a new global template to end corporate tax scandals and combat banking secrecy.   Read more ▶

Brazil Freezes $13.7 Billion In Government Spending To Meet Fiscal Target

The Brazilian government on Wednesday announced that it would freeze up to 28 billion reais ($13.7 billion) in obligatory and discretionary spending this year, following weak economic growth forecasts that could cut into its primary surplus target.   Read more ▶

4
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CFD News Update | monexnews.com

Kamis, 23 Mei 2013

CFD News Update | www.monexnews.com/cfd.htm
 

 

CDF News Update | monexnews.com  
Regulator penerbangan Cina telah memberikan persetujuan pesawat Boeing 787 untuk memulai layanan penerbangan dengan airlines nasional. Langkah ini membantu Cina mempercepat penggantian pesawat mereka ...

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Wednesday, May 22, 2013

Daily Report 23 May 2013

Daily Report - monexnews.com
Daily Report | 23 May 2013
Testimoni Bernanke Melambungkan Dollar. Time To Trade with MONEX
Sterling Terpukul Oleh Data Penjualan Ritel.
Komentar Jordan Melukai Franc.
Minutes: Sejumlah Peserta FOMC Pertimbangkan Pengurangan QE.
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CFD News Update | monexnews.com

Rabu, 22 Mei 2013

CFD News Update | www.monexnews.com/cfd.htm
 

 

CDF News Update | monexnews.com  
Jamie Dimon berhasil mempertahankan statusnya sebagai CEO & Ketua JPMorgan meskipun ada keiginan dari sebagian pemegang saham untuk memisahkan jabatan tersebut. Hasil rapat pemegang saham ...

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