Mexico’s new proven reserves, potentially 125 billion barrels, are now open to private exploration.

The Energy Independence and Security Act of 2007 required oil refiners to add ethanol to their product or buy ethanol credits. Those credits are now being traded and reaping hundreds of millions of dollars in gains for the big oil companies.

When the European Commission ruled that Apple must pay $14.5 billion to Ireland in taxes, Apple vowed to fight back because the commission is enforcing its own tax mandates, not Ireland's.

A coalition of Republican lawmakers introduced a bill in Congress that would prohibit any federal or “funny-money” funding to bail out to state, county, local, or territorial governments across the United States. If the legislation is approved, the prohibition would apply to bailouts by both the Obama administration's Treasury and the “independent” Federal Reserve System, which in recent years has conjured trillions of dollars into existence out of thin air to bail out mega-banks and other cronies in America and worldwide. Some analysts, though, are skeptical of the motives. 

Republican presidential candidate Donald Trump has made trade a signature issue of his campaign. Are trade agreements such as NAFTA and TPP bad for the U.S. economy, and if so, what can be done about them?

 

 

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