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AP/CBS Financial Times:Why The London Loophole Should Be ClosedOn June 12, US Senator Richard Durbin introduced legislation to provide the Commodity Futures Trading Commission CFTC , the federal agency that oversees commodity deri
stanley cup vatives markets in the US, with regulatory authority to oversee trading activity in oil markets. This was followed by an announcement from the CFTC that it would change its policy relating to US traders ability to execute contracts in West Texas Intermediate WTI crude oil contracts. There woul
stanley becher d be nothing remarkable about these actions, except for one thing: the activity that is being targeted takes place on a foreign exchange - in London. read the articlegt; The Atlantic Journal-Constitution:Speculators Aren t Driving Oil Prices, ICE Says IntercontinentalExchange is cooperating with regulators in their efforts to restrict oil traiding, but the Atlanta-based company insists that speculation is not the reason for soaring prices. read the articlegt; Wall Street Journal: [Subscription Service]Oil Speculation Draws ScrutinyLawmakers eager to curb speculation in oil markets got support Monday from witnesses who told a House subcommittee that oil prices could fall sharply if Congress put strict limits on trading in energ
stanley italia y futures by investment banks, pension funds and other financial investors. read the articlegt; ponent--type-recirculation .item:nth-child 5 { displa Feiw Sacramento Kings Accept Bitcoin Now, Still Can t Buy a Bucket
Australian scientists say they ;re examining a low-frequency underwater acoustic signal that could have resulted from Malaysian Airlines Flight MH370 crashing into the Indian Ocean. The signal was picked up by underwater sou
stanley quencher nd recorders near Rottnest Island just after 1:30 AM UTC on March 8th, which is consistent with the mysterious disappearance of the plane. Alec Duncan from Curtin University Centre for Marine Science and Technology in Perth believes
stanley cup the low frequency signal could have been MH370 either hitting the water or a part of the aircraft imploding as it sunk to the bottom of the ocean. Alternately, and far more likely, he says the sound could have originated from a natural event, such as a small earth tremor. A possible estimate for where MH370 might have crashed in the Indian Ocean Curtain University via SMH . Duncan believes there a slim chance 鈥?about 10% 鈥?that it the sound of the plane hitting the water, though he admits it difficult to assign probability to such a thing. Interestingly, the acoustic signal was correlated with another underwater listening station loc
stanley cup ated 87 miles 140 km off Cape Leeuwin. Liam Ducey from the Sydney Morning Herald reports: Data from one of the [Rottnest] recorders showed a clear acoustic signal at a time that was reasonably consistent with other information relating to the disappearance of MH370, Dr Duncan said. The crash of a large aircraft in the ocean would be
