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Tuesday, January 2, 2018

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As-it-happens update 2 January 2018
NEWS
Brent crude futures LCOc1 - the international benchmark for oil prices - were at $67.20 a barrel, up 33 cents, or 0.5 percent, after hitting a May 2015 high of $67.23 a barrel earlier in the day. It was the first time since January 2014 that both crude oil benchmarks opened the year above $60 per barrel.
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In 1996, over the objections of law enforcement, President Clinton's drug czar and three former presidents, California voters approved marijuana for medicinal purposes. Twenty years later, voters approved legal recreational use and gave the state a year to write regulations for a legal market that would ...
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In a year when more people flew to more places than ever, 2017 was the safest on record for airline passengers. The Dutch-based aviation consultancy, To70, has released its Civil Aviation Safety Review for 2017. It reports only two fatal accidents, both involving small turbo-prop aircraft, with a total of 13 ...
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David Stockman, President Ronald Reagan's former director of the Office of Management and a relentless Wall Street bear, is warning investors that the cryptocurrency boom will end disastrously. "It's basically a class of really stupid speculators who have convinced themselves that trees grow to the sky," ...
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