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ALJAZAM News January 16, 2016 - Vimarsana News

ALJAZAM News January 16, 2016

Twoweek start to a year ever. The dow lost more than 390 points today all the major indices fell more than 2 . Analysts blame the selloff on another big drop in oil prices. Crude oil closed below 30 a barrel for the first time in 2003. John terret joins us. John this is the latest big drop in oil and big drop in stocks. A spree for commodities traders, today u. S. Stocks sold off across the board on friday. The reason wall street is worried that too many Commodity Companies will go belly up now that oil is in the bargain basement. A sea of red driven by an ocean of black. Investors are scared ...

ALJAZAM News January 16, 2016 - Vimarsana News

ALJAZAM News January 16, 2016

Terrible start to the year. Selling is university but today, stocks got hit more than the average stock. The problem is the world has too much oil, its a glut, thats why its so cheap. While that helps consumers, it devastates countries trying oproduce it. Saudi arabia has opened the spigot in an effort to hobble iranian oil which will flow soon once sanctions are lowered. And while the economy can take low prices for a couple of years, not true for nigeria where the economy is being hurt by cheap oil and wants an emergency session of opec to try to negotiate a price like. And chinas economy, f...

ALJAZAM News January 16, 2016 - Vimarsana News

ALJAZAM News January 16, 2016

U. S. Stocks down nearly 391 points today. The first two weeks of 2016 have been devastating for wall street. It is tied to the plunging price of oil. The world hasnt seen such cheap oil in more than a decade. Thats putting all kind of pressure on countries and economies that rely on petroleum production. John explains the downside. Who would have believed we would talk about this story in u. S. Stole off because wall street is worried too many Commodity Companies will go bellyup now that oil is in the bargain basement. At the new york stock exchange, a sea of red driven by an ocean of black. ...

CSPAN3 June 17, 2012 - Vimarsana News

CSPAN3 June 17, 2012

joke. it's 6-6 and they can't even always agree on what time of day it is if they even want to meet. so citizens united opened up money the likes of which wife only begun to see in the process. so all those things that were designed to hopefully prevent another watergate have vanished, bar one. and that's the professional bar. it was striking to me to see that the reforms that came directly out of some testimony that i gave before the senate committee have stayed in place, and they are as important today as they were in the years immediately after watergate when the bar said, we're g...

CSPAN3 April 5, 2012 - Vimarsana News

CSPAN3 April 5, 2012

hearing on mine safety and lessons learned. we'll have that hearing at 2:20 eastern. at 5:15 eastern, a look at president obama's 2013 budget request, for the defense department. defense secretary leon panetta is joined by joint chiefs of staff chairman dempsey in explaining the spending plan to the house budget committee. you can see the hearing on c-span3. this weekend marks the anniversary of the bloodiest battle to be fought in the civil war. up to that point the battle of shiloh with almost 24,000 casualties and we'll tour the baltimore field with the chief park ranger stacy all...