
Libya Oil Comeback Unlikely as Political Stalemate Endures
published Jul 4th 2016, 9:26 pm, by Ghaith Shennib and Caroline Alexander (Bloomberg) — The end of a split in Libya’s National Oil Corp. marks a small step toward healing the divided country, but the political stalemate that shut down of most of its crude production is as entrenched as

Silver Slumps After Biggest Two-Day Gain Since ’11; Gold Drops
published Jul 4th 2016, 9:59 pm, by Ranjeetha Pakiam (Bloomberg) — Silver tumbled after posting its biggest two-day advance in five years, with precious metals declining as the dollar snapped five days of losses. Silver for immediate delivery lost as much as 3.9 percent to $19.5325 an ounce and traded

Credit-Card Companies Know How Little You Know: Noah Smith
published Jun 30th 2016, 11:01 am, by Noah Smith (Bloomberg View) — When I was 22, I wondered how credit-card companies made money. I had two cards at the time. They were free to use. Every month I would buy things with the cards, and — because I used auto-pay

Saudis Framed for Sept. 11 But Guilty of Fueling Hate: Eli Lake
published Jun 30th 2016, 2:24 pm, by Eli Lake (Bloomberg View) — It’s not a great moment to be a Saudi diplomat in Washington these days. The Republican presidential candidate thinks your country should pay for U.S. military protection. The Democratic president is seeking warmer ties with your arch-enemy, Iran.

Emerging Markets Rally From Brexit as Central Banks Stand Ready
published Jun 30th 2016, 10:16 pm, by Choong En Han and Elffie Chew (Bloomberg) — Emerging-market stocks headed for the biggest weekly gain in four months and currencies rallied with oil as sentiment improved on signs central banks stand ready to inject liquidity after the U.K.’s shock decision to leave

China’s Censors Know Where the Cool Kids Hang lol ;) Gadfly
published Jun 29th 2016, 4:00 pm, by Tim Culpan (Bloomberg) — It’s nice to see that China’s censors are keeping up with what’s hip and happening among the world’s largest Internet population. When search engines and bulletin boards were all the rage, the government made sure it kept abreast of

Post-Scalia Court Has Liberals Winning, Conservatives Venting
published Jun 28th 2016, 2:21 pm, by Greg Stohr (Bloomberg) — A U.S. Supreme Court in transition offered glimpses of what a liberal majority might mean as the justices closed their term by strengthening abortion rights and bolstering college affirmative action. Transformed by Justice Antonin Scalia’s unexpected Feb. 13 death,

Dollar Poised for First-Half Drop as Fed Hike Prospects Dwindle
published Jun 29th 2016, 4:08 pm, by Susanne Barton and Lananh Nguyen (Bloomberg) — The dollar dropped for a second day, extending its loss for the first half of this year, as traders wager the Federal Reserve is more likely to cut interest rates than raise them in upcoming meetings.

Japan’s Retail Sales Unchanged in May, Underscore Weak Recovery
published Jun 28th 2016, 7:07 pm, by Keiko Ujikane (Bloomberg) — Japan’s retail sales were unchanged in May, underscoring the challenge Prime Minister Shinzo Abe faces in boosting consumer spending and reviving the economy. Sales were flat in May from the previous month, when they dropped, the trade ministry reported

Why Susan Rice, Not Clinton, Took the Fall on Benghazi: Eli Lake
published Jun 28th 2016, 6:22 pm, by Eli Lake (Bloomberg View) —On Benghazi day, let’s spare a few thoughts for President Barack Obama’s national security adviser, Susan Rice. Yes, the headlines all say the House Select Committee on Benghazi couldn’t find any new dirt on Hillary Clinton. But the woman