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Royal Dutch Shell expects thenatural gas prices in the US to double by 2015, rebounding strongly from the 10-year lows they have hit due to the shale gas boom as US domestic demand for the fuel grows.
According to Shell chief executive–Peter Voser, it is said in an interview that prices would remain under pressure in [...]
The billionaire investor and philanthropist–George Soros has donated $1m to a pro-Democratic campaign group in his first entry into the 2012 election, which has so far been dominated by wealthy Republican donors.
After staying on the sidelines at a time when money has been pouring into pro-Republican super-Pacs, Mr Soros’s decision to donate money to American [...]
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- Tags: US Super-Pac
Night before the week’s deadline for Americans to file their tax returns, Barack Obama started to promote a plan to raise taxes. The result of the polls revealed that the move is about the most popular thing the president has done in years.
Raising taxes in any democracy in election year is usually political suicide. However, [...]
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- Tags: Raising Taxes
According to a top official, it is said that a specialized enforcement “squad” has been launched by the main futures regulator in Washington as it increases scrutiny of the $300tn US derivatives market.
CFTC officials are currently finalising rules to regulate off-exchange derivatives markets and look to define the swaps.
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- Tags: Swaps Squad, US Market
The US administration has claimed that some securities laws are hurting start-up companies’ ability to raise fund. Currently, the White House is triggering opposition from labour unions as well as other traditional allies with a push to relax such securities laws. Senate Democrats have been pushed by the Obama administration to adopt five proposals, including [...]
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- Tags: Securities Reform
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