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Coal Prices So Low This Producer Is Eating Fees to Avoid Exports
©2015 Bloomberg News NWYFHX6JIJUY (Bloomberg) — American coal producer Cloud Peak Energy Inc. has agreed to pay quarterly fees to a Canadian port owner to avoid sending more exports abroad amid a slump in Asian demand and a stronger U.S. dollar. Cloud Peak Energy is making the payments to Westshore
A Rearguard Action by Saudi Arabia to Stop Iran’s Economic Rise
published May 25th 2016, 6:01 pm, by Ladane Nasseri and Glen Carey (Bloomberg) —Saudi Arabia couldn’t stop the Iran nuclear deal from being signed. Plan B is to limit Iran’s ability to reap its benefits. QuickTake Iran’s Nuclear Program The kingdom is mobilizing its Gulf allies to make sure that,
