Allan Swanoski's blog

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News of Possible Attack on Syria has Scared Investors and Pushed Oil Prices

News of Possible Attack on Syria has Scared Investors and Pushed Oil Prices

After the news of possible US attack on Syria, the oil prices firmed up and stock markets across the world witnessed decline. However, Syria itself is not a major issue for the oil prices to rise. Syria has been producing only 50,000 barrels per day of oil and those are refined in domestic market for their own use.

UGE Comes Out with Hybrid Street Lights

UGE Comes Out with Hybrid Street Lights

A New York City based venture that produces small wind turbines has recently developed an intriguing form of streetlights. Apparently, the new innovative invention uses both solar and wind energy, and is a hybrid between wind and solar energy technology.

The new device will be manufactured for highways and parking spaces.

GE Rooting for Renewable Energy Sources

GE Rooting for Renewable Energy Sources

GE has made its intentions of diving into the green-data-centers business clear, as it has recently invested more than half a billion dollars on the power conversion company known as Lineage Power. The conglomerate is known for producing wind turbines, wind mills and the works.

De Beers Intends to Lower Its Production for its Mines Life

De Beers Intends to Lower Its Production for its Mines Life

Diamonds are forever, but what if Mother Nature is not capable enough to provide any more diamonds for you? Well, we cannot blame Mother Nature for the scarcity, because we tend to exploit everything, including Mother Nature, so that we can fulfill our exceeding demands.

Continental Airlines is Efficient Enough to Carry on Solo

Continental Airlines is Efficient Enough to Carry on Solo

Continental Airlines seem to be completely fine doing it individually. It is not too keen on following the path of what US Airways and United Airlines did.

Both U. S. Airways and United Airlines have danced around the unification flagstaff for so long, that any talk of uniting with another party generates as much laughter as it does keenness.

27% Rise in Home Sales, Sign of the Economy Turning

27% Rise in Home Sales, Sign of the Economy Turning

It has been reported that nearly after a four month decline in the sales of homes, there has been a rise in sales by 27% in the previous month.

Oil Prices See Hike with $84 per Barrel as More Airports Open in Europe, Easing Fears of Reduced Demand for Oil

Oil Prices See Hike with $84 per Barrel as More Airports Open in Europe, Easing

Oil prices rose above $84 per barrel on Wednesday in Asia as stock markets rallied on strong business earnings and additional airports opened in volcanic ash smacked Europe, lessening fears of reduced demand for crude oil.

Health and Life-Insurance Firms Living a Shady Secret Life?

Health and Life-Insurance Firms Living a Shady Secret Life?

A recent report has claimed that health and insurance firms have an investment of over $1.9 Billion in fast food companies, and apparently the fast-food firms include the likes of McDonald's, Burger King, KFC, and Taco Bell. Now this is irony if there ever was any!

Time to Now Impose Strict Regulations on Wall Street?

Time to Now Impose Strict Regulations on Wall Street?

Recession has been the bane of the existence of the entire world, and the Wall Street had been particularly hit by it, to the extent that it is still struggling to get back on its feet. But then, on the other hand, some of the Wall Street executives have lately been having parties all around.

Another Chief Walks Away with a Heavy Pay Hike: *Sigh*!

Another Chief Walks Away with a Heavy Pay Hike: *Sigh*!

It has happened again. Another financial Chief has been awarded an amazingly high pay hike, something that might get the authorities and the general public fuming again. We are not very happy ourselves!

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