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13 MINS AGO - Zero Hedge

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Brazil's Economy Slides Into Depression, And Now Olympians Will Be Swimming In Feces

Back on December 29 of last year, we explained how under the burden of its soaring current account deficit, and its its first primary fiscal deficit since 1998, not to mention numerous corruption scandals and a dysfunctional monetary policy, the Brazilian economy "just imploded." We also noted the main reason for the Latin American collapse: Brazil had for the past ...

Tags: Brazil's Economy Slides Into Depression, And Now Olympians Will Be Swimming In Feces,  Russia Latest News

1 HOUR AGO - Business Insider

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US hits Russian firms and people with more sanctions

WASHINGTON (Reuters) - The United States imposed further Russia and Ukraine-related sanctions on Thursday, including on associates of a billionaire Russian gas trader, Crimean port operators, and former Ukrainian officials. The Treasury Department imposed measures against eight entities and individuals it said were providing support to Gennady Timchenko, a prominent gas trader previously sanctioned over his alleged ties with the ...

Tags: US hits Russian firms and people with more sanctions,  Russia Latest News

4 HOURS AGO - St. Louis Post-Dispatch

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OPEC chief expects oil prices to stabilize

MOSCOW (AP) — OPEC and Russia say they expect the global oil market to become more balanced and stable next year after the recent sharp drops.

Tags: OPEC chief expects oil prices to stabilize,  Russia Latest News

8 HOURS AGO - Zero Hedge

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Frontrunning: July 30

Second-quarter GDP seen rebounding on consumer spending, housing (Reuters) China Stocks Fall as Traders Puzzle Over Sudden Late-Day Swings (BBG) Dents and Scratches May Hold Crash Clues for MH370 Investigators (BBG) European 'alliance of national liberation fronts' emerges to avenge Greek defeat (Telegraph) Thomas Cook warns on earnings over Greece (MW) Largest Greek toy seller Jumbo warns of hit from ...

Tags: Frontrunning: July 30,  Russia Latest News

16 HOURS AGO - Business Insider

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Boehner wants to end the US oil export ban

WASHINGTON (Reuters) - U.S. House of Representatives Speaker John Boehner on Wednesday expressed for the first time his support for repealing the 40-year-old ban on domestic crude oil exports, a move that could breathe new life into a bill in his chamber. "Until recently our nation's energy policy was rooted in a scarcity mindset that went back to the 1970s," ...

Tags: Boehner wants to end the US oil export ban,  Russia Latest News