Scribbling

The US oil industry doesn’t appear to be in rush to increase production despite the surging prices. The oil industry is restraining growth and it is largely because of capital discipline from Wall Street, according to a Federal Reserve Bank of Dallas survey. A few years ago, the industry invested fortune in production growth. However, it resulted in keeping oil prices low which led hundreds of o..

A large number of funds flowed into several ETF that invest on semiconductor and other technology corporates. Semiconductor industry, which experienced a collapse a month ago, is especially benefiting from those funds. Although recent stock price went down due to the Fed’s plan to raise the interest rate earlier, it seems to be recovering thanks to positive outlook for semiconductor business. Ac..

[Link] https://edition.cnn.com/2022/02/10/business/fed-inflation-rate-hikes/index.html To fight inflation, the Fed may resort to a tool it hasn't used since 2000 Red-hot inflation is raising pressure on the Federal Reserve to take drastic action to get control of prices. www.cnn.com [Summary & Comment] Recent intense inflation seems to work as a huge pressure for Federal Reserve to take drastic ..

https://edition.cnn.com/2022/02/10/politics/biden-ukraine-things-could-go-crazy/index.html Biden on Ukraine situation: 'Things could go crazy quickly' President Joe Biden on Thursday urged Americans in Ukraine to leave the country immediately, warning that "things could go crazy quickly" in the region. www.cnn.com [Summary] President Joe Biden on Thursday urged Americans in Ukraine to leave the ..

Link: https://edition.cnn.com/2022/02/06/sport/us-born-figure-skater-beverly-zhu-yi-china-olympic-intl-hnk/index.html US-born figure skater Zhu Yi under attack after fall on Olympic debut for China Representing China, California-born figure skater Zhu Yi is facing a firestorm of attack on Chinese social media after she fell flat on the ice and finished last in a women's short program team event ..