ECONOMIC AND FINANCE REPORT

1) The Nestle corporation has made a $7 billion dollar deal with Starbuck to use it’s distribution network to sell selected Starbuck’s products. About 500 Starbuck employees will be transferred…

1) President Truman announced that the United States and Mexico have reached a new trade agreement to replace NAFTA. It has been difficult and complex to reach, but Canada has…

1) The EU (European Union) is warning about possible problems for Britain if she exits the union next year without the formal exit process. Fears of higher credit card fees…

1) Sears is closing an additional 46 stores, 13 Kmart and 33 Sears. Liquidation sales should start in the next week or so. Sears stock has dropped 85% in the…

1) The plummet of the Turkish lira has push down the currencies of Argentina, India, Indonesia, Mexico, Russia, South Africa, and Zambia while raising Italy’s borrowing costs to their highest…

1) Forecast are for oil to have the longest run of weekly declines in three years, as instability of the emerging markets plus the ongoing trade conflict between the U.S.…

New article posted below titled “U.S. ENERGY SEC. COMMENDS MEXICO’S ADMIN IN ENDING FUEL IMPORTS!!!!!” 1) The National Debt is at its highest level since World War II and is…

New article posted below titled, “U.S. ENERGY SEC. COMMENDS MEXICO’S ADMIN IN ENDING FUEL IMPORTS!!!!!” 1) Maersk, the Danish shipping and industrial conglomerate announced it is divesting itself of it’s…

By: Economic & Finance Report United States Energy Secretary Rick Perry applauded Mexico’s incoming administration for ending gasoline and diesel imports. The imports come directly from the United States and…

1) The SEC issues a new warning about a$100 billion IRA market which is becoming a growing potential for money fraud. A self-directed IRA has unique risks that include the…