An oil reserve of a potential 1.2 billon barrels has been discovered in Alaska’s North Slope in what the companies involved believe is the largest US onshore oil discovery in nearly three decades. Spanish oil company Repsol (REPYY) and Armstrong Energy announced the find On Thursday, saying their discovery is

published May 1st 2017, 4:00 pm, by Satyajit Das (Bloomberg View) — For all the hand-wringing over when and how the Federal Reserve would begin tapering its massive bond-buying program, emerging nations appear to be relatively well-prepared for higher U.S. interest rates. Compared with the period before the 1997 financial