You see, while in parts of the world war is destroying lives by the thousands every single day, and there is in fact true hunger in many countries, for those lucky enough to live in developed nations chances are they will be facing different challenges.
GSR Interviews Chris Martenson (pinecarr)
GoldSeek Radio’s Chris Waltzek talks to Chris Martenson of Peak Prosperity.
President Ernest Bai Koroma of Sierra Leone announced on Friday that the country was lifting the travel restrictions that it had imposed in an effort to contain the virus. “Victory is in sight,” Mr. Koroma said.
Dr. Aylward cautioned that “the things that have been driving the reduction so far will not get us to zero,” and that health authorities do not yet have the spread of the disease completely under control.
The stronger dollar, bolstered by robust economic growth, gives U.S. investors more reasons to keep their cash close to home. It eases worries about inflation and gives central bank officials more leeway on when to raise rates. But it also puts pressure on U.S. companies that get a high portion of their business from overseas.
Bad information is the cause, according to Hoxby and Turner’s research, which was recently published in a National Bureau of Economic Research working paper. And that’s a problem that’s entirely fixable. Students are misinformed about cost: They experience sticker shock at schools that appear to charge $50,000 or more a year for tuition, and they don’t realize that the net price they would actually pay with financial aid is much lower, often below $10,000.
But U.S. officials say that over the past few months, ties between Washington and Riyadh have warmed again, bolstered by an Obama visit to the Saudi capital last March and, more importantly, by both countries’ overriding focus on blunting the rise of the Islamic State, also known as ISIL or ISIS.
On Tuesday, Obama will stop in Riyadh again, this time on his way back from a trip to India, to pay his respects and firm up ties to the new king, Salman bin Abdulaziz.
He said that a “confluence of events” have led to the fall in oil’s price, not-as some have suggested-a Saudi plot to harm America’s revitalized energy industry.
“I can assure you that Saudi Arabia is not using the oil price right now to impact the fracking industry in the United States,” he said, adding that “there’s an oversupply and demand is not so high.”
West Texas Intermediate crude for March delivery fell 72 cents to end at $45.59 a barrel on the New York Mercantile Exchange, the lowest settlement since March 11, 2009. Futures fell 6.4 percent this week. The volume of all futures was about 13 percent above the 100-day average.
Brent crude for March settlement advanced 27 cents, or 0.6 percent, to $48.79 a barrel on the ICE Futures Europe exchange after climbing to $49.80. Volume was 2 percent above the 100-day average. Brent, used to price more than half the world’s oil, ended at a premium of $3.20 to WTI on the ICE, compared with $1.04 on Jan. 16.
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