The Power of Oil – OPEC Taking Control

Bouncing like a fracking crane, fluctuating oil prices are a constant feature of the modern market. There is little that is more important than oil prices, given that they affect so many industries and intrude into all nations. A major player in this phenomenon is the Organisation of the Petroleum Exporting Countries (OPEC), an intergovernmental … Continue reading The Power of Oil – OPEC Taking Control

Growing Pains

On Friday 27th February, the US Commerce Department revealed the economy grew by 2.2% in the final quarter of 2014, weaker than the estimated 2.6%. Fine margins though it may be, the slowdown in the economy was more pronounced than previously thought. The concerns stem from the fact that the fourth quarter growth had been … Continue reading Growing Pains

TV Broadcasters in a League of Their Own

Bewildering, confusing, excessive, mystifying, – just a few words to sum up the news that the rights to broadcast Premier League matches on TV have been auctioned off for a record £5.136 billion. Just as Chelsea and Manchester City have done, Britain’s biggest broadcasters have asserted their dominance through their financial firepower. Sky TV paid … Continue reading TV Broadcasters in a League of Their Own