Japan was the top performing market of 2013, and China is the top performing market of 2014. The plunge in crude oil prices is likely to wreak economic havoc on vulnerable oil exporters such as Russia and Venezuela (both countries face recession in 2015), oil prices have hit 5 year lows this week, falling nearly 50 percent since mid-June 2014 as weak global demand for crude oil, combined with strong supply growth from new production wells going live in 2014. South and Southeast Asian markets also featured in the top-five performing markets after registering double-digit gains. Philippines and Indonesia equities followed close behind, both rising over 22 percent. Chinese market (Shanghai Composite) has bounced back after last couple of years of weak performance, and gained 52% in 2014, on the back of policy action by Chinese govt to boost the local economy, to become the best performing Asian market, and top performer worldwide for 2014 while beating Indian markets which gained 31% in 2014. Read More…
Crude Oil prices are down 25% since their recent higher levels, and are currently at nearly 4 year low. Experienced energy analysts feel crude oil prices may remain low in the near term due to increasing US shale oil supply, but crude oil prices are likely to move up back to $100 per barrel.
One day after Saudi Arabia lowered prices in an attempt to hold market share in the USA, to compete with the cheaper shale oil in the United States market, the White House spokesman Josh Earnest said that the USA is monitoring the global oil demand-supply situation but has no comment on whether it might look at replenishing the Strategic Petroleum Reserve.
Meanwhile, Goldman Sachs analysts believe the crude oil surplus supply situation will remain till Q2, 2015. However, industry veterans believe crude will bounce back by Jan 2015, its just a matter of few weeks for the commodity to stabilize, and then the big short squeeze will play out, and we may see crude oil back at $100 per barrel by Jan-Feb 2015. Continue reading
- Myanmar Frees Prominent Political Prisoners – Wall Street Journal
Wall Street JournalMyanmar Frees Prominent Political PrisonersWall Street JournalBy PATRICK BARTA Myanmar began freeing prominent political prisoners Friday in the latest reform that the government is taking in an apparent effort to get out from under the weight of Western economic sanctions. Political detainees set free in the …Burma prisoner release begi […]
- Obama seeks to raise US debt limit by $1.2 trillion – Telegraph.co.uk
Telegraph.co.ukObama seeks to raise US debt limit by $1.2 trillionTelegraph.co.ukPresident Barack Obama has formally notified Congress that he plans a $1.2 trillion (£780m) increase in the US debt limit, prompting Republicans to level election-year charges that deficits are out of control. Barack Obama’s proposed increase would …Obama Starts Clock for […]
- Video Inflames a Delicate Moment for US in Afghanistan – New York Times
New York TimesVideo Inflames a Delicate Moment for US in AfghanistanNew York TimesKABUL, Afghanistan — A video showing four United States Marines urinating on three dead Taliban fighters provoked anger and condemnation on Thursday in Afghanistan and around the world, raising fears in Washington that the images could incite …US Marines identify Afghanistan […]
- Official: North Korea test-fired short-range missiles – Fox News
Fox NewsOfficial: North Korea test-fired short-range missilesFox News| AP AP Photo/KRT via APTN In this undated image made from KRT video, North Korea’s new young leader Kim Jong Un, third from right, watches jet fighters with North Korean officials at an undisclosed place in North Korea. SEOUL, South Korea – North …Kim Jong Il isn’t going anywhe […]
- Republicans rally around Romney after hits on Bain – Boston.com
Boston.comRepublicans rally around Romney after hits on BainBoston.comRepublican presidential candidate Mitt Romney meets supporters at Cherokee Trike and More in Greer, SC, Thursday, Jan. 12, 2012. (AP Photo/Spartanburg Herald-Journal, Michael Justus) By Thomas Beaumont and Kasie Hunt Associated Press / January 13, …Haley’s Picking Romney Shocks Tea […]
- Missing teenager Natalee Holloway declared dead – Boston.com
Boston.comMissing teenager Natalee Holloway declared dead. Beth Holloway is pursued by reporters following a hearing in Birmingham, Ala.,Thursday, Jan. 12, 2012. An Alabama probate judge disclosed at the hearing that he will sign an order declaring Natalee Holloway dead, more than six years after the teenager …Judge declares Alabama teen missing si […]
- APNewsBreak: UN visit to Tehran set for Jan 28 – Boston.com
Boston.comAPNewsBreak: UN visit to Tehran set for Jan 28Boston.comFILE – In this April 8, 2008 file photo provided by the Iranian President’s Office, Iranian President Mahmoud Ahmadinejad, center, visits the Natanz Uranium Enrichment Facility some 200 miles (322 kilometers) south of the capital Tehran. …A cease-and-desist policy, for nowHaaretzIran to […]
- Chicago shivers as first major snowstorm of 2012 hits Midwest – Fox News
Bloomberg: Chicago shivers as first major snowstorm of 2012 hits MidwestFox NewsCHICAGO – Chicago was bracing itself for up to eight inches of snow overnight as the first major snowstorm of the season brought treacherous conditions and the usual frustrations for travelers Thursday. As of 8:30pm local time about 560 flights at …When snow moves out, deep cold […]
- Taiwan’s expats seen as key in presidential poll – CNN International
BBC NewsTaiwan’s expats seen as key in presidential pollCNN InternationalBy Peter Shadbolt, CNN (CNN) — As many as 200000 people — most of them mainland China-based Taiwanese – are expected to return to Taiwan this weekend for an election viewed as critical to the future of an economy that has boomed thanks to warmer ties …China Deals Up for Judgmen […]
- Judge advises court-martial for Wikileaks suspect – San Francisco Chronicle
BBC NewsJudge advises court-martial for Wikileaks suspectSan Francisco ChroniclePatrick Semansky / AP In this photo taken Dec. 22, 2011, Army Pfc. Bradley Manning is escorted from a courthouse in Fort Meade, Md. An Army officer is recommending a general court-martial for Manning, a low-ranking intelligence analyst charged in the …Army Officer Recommends Tr […]
23 Nov, 2010: Korea tension: Commodities are the thing to invest in, says Jim Rogers
In an interview with ET Now, Jim Rogers, Chairman, Rogers Holding, talks about the correction in global markets besides giving his views on commodities and India. Excerpts:
Q1: Global markets are correcting and everyone is saying it is because of Korea. Would you endorse that thought?
First of all, global markets should be correcting about this time because they have been pretty strong recently and there is always some reason to correct. This time, it looks like it might be Korea. Whenever you have threat of war, usually everything goes down at first, then you have to figure out what to invest in after the initial collapse. In my view, the thing to invest in is commodities because if there is going to be war, it is always good for commodities and if there is no war, then commodities will rally like everything else. Continue reading
The Gaslamp Quarter of San Diego contains some of the most extensive and dramatically designed
historic buildings in the area. Constructed between 1873 and 1930, these Victorian style buildings are truly a sight to behold.
The Victorian era buildings found in the Gaslamp Quarter are home to night clubs, restaurants, theaters, and shops. A simple stroll down 4th and 5th avenue will put you at the heart of the Gaslamp Quarter.
Also found in the Gaslamp Quarter is the Horton Plaza and Horton Plaza Park. The Plaza is the first place in the United States to feature a water fountain containing electric lights; a true tribute to the designer Alonzo Horton.
The Gaslamp Quarter received its name from the gaslamps that were used in the area around the early
1900’s. During those times, gaslamps were the main source of light for the area that is now the vision of Modern Day San Diego.
Now days, there are more than 130 stores and shops filling the Gaslamp Quarter. With everything from
Macy’s to Mervyns, Gaslamp Quarter has plenty for you to see and do. In Horton Plaza, you can find
a multi screen movie theater that is sure to please movie lovers.
For a wonderful experience, the Gaslamp Quarter of San Diego shouldn’t be overlooked. There is a lot
you can do here, from fine dining to excellent shops. For a family vacation, San Diego has a little bit of something for everyone.