Oil's Big Plunge Hits Global Markets
Oil prices have fallen from a summer high of 107 to 56.52 per barrel in six months as non OPEC and Iraqi production surge while OPEC supplies look steadier. Global demand growth slows with China Japan and Western Europe easing, keeping prices down for consumers and affecting producers and economies.
MENTIONED IN THIS ARTICLE
New York
U.S
OPEC
Saudi Arabia
Middle East
North
Africa
Libya
Iran
Iraq
Oil rout spurs mixed global economic effects
The oil price drop of about half since June curbs exporters like Russia and raises default worries in Venezuela, while major consumers led by the United States the European Union China and Japan gain from cheaper energy and lower inflation.
MENTIONED IN THIS ARTICLE
New York
Russia
Venezuela
U.S
China
Japan
European Union
Europe
Quote from Ladislaw on global economic benefits
Sarah Ladislaw of the Center for Strategic and International Studies states that the move benefits the United States Europe and China as well as most consumers. Her comment highlights broad positive impacts across economies and end users.
MENTIONED IN THIS ARTICLE
Sarah Ladislaw
Energy and National Security
The
Center For Strategic and International Studies
Retailers hope procrastinators give late boost to holiday sales
New York report shows sales up 1.8 percent from Nov 1 to Monday versus last year, with NRF predicting 4.1 percent for the season. Retailers push late incentives and expanded hours, hoping procrastinators lift a slower holiday period.
MENTIONED IN THIS ARTICLE
Giselle Basurto
Mexico
Kmart
New York
First Data Corp
Associated Press
National Retail Federation
Rishi Chhabra
First Data
Dennis May
Hhgregg Inc
Prominent Local Appointments At MetroHealth And State Post
Gregory A White of North Ridgeville was named to the Marine Corps Heritage Foundation by Gov Kasich for a term starting December 18. Elyria nurses Amy Delp and Melissa Kline received promotions at MetroHealth Medical Center in Cleveland to vice president roles overseeing quality and nursing operations. Delp joined MetroHealth in 1996 and has held multiple leadership positions. Kline has served since 1998 in nursing leadership and will oversee labor productivity and demand matching in patient care.
MENTIONED IN THIS ARTICLE
Lorain County
Gregory A. White
North Ridgeville
John Kasich
Marine Corps Heritage Foundation
Elyria
MetroHealth Medical Center
Cleveland
Amy Delp
Delp
MetroHealth
Center For Quality
Kent State University
Melissa Kline
Kline
Metro Life Flight Nursing
University of Akron
Walden University
American Nurses Credentialing Center
Healthcare Advisory Board
Cwru Weatherhead School of Management
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United States
Energy Department
Teacie
EL Ec
Moscow
Jonathan Fahey
OP Label
Mark Monaham
Raceway
McComb
Miss