DNO slam on the exchange – Swedbank cuts – HegnarOnline

DNO announced Tuesday morning that the company suspends all production in Yemen due to the deteriorating security situation in the country.

The market reacts by sending the stock down 6.3 percent to 10.45 dollars.

– The company states in the message that production before the shutdown was 950 barrels per day, only 34 percent of the level in Q4. It indicates that production in the 1st quarter has been lower than expected, writes Swedbank analyst Teodor Sveen Nilsen told Reuters in an update.

– We cut therefore the total production estimate to DNO Q1 by 2 percent , continued the note.

Smell for Fredriksen and DNO – HegnarOnline

The arrows still point upwards at lunchtime on the Oslo Stock Exchange.

The main index is writing in 620.60, after an increase of 0.17 percent. The recovery has thus calmed somewhat from morning plus 0.6 percent.

devel happens in the wake of rise in New York yesterday and mostly rising stock exchanges in Asia earlier today.

Read also: China shares up 16 percent

Fearing Iranian oil shock
Oil prices fall Tuesday morning.

Brent May oil pulls down 1.53 percent to $ 55.43 a barrel, while WTI spot returns 2.63 percent to $ 47.40 a barrel.

The so-called 5 + 1 group (the US, UK, France, Germany, Russia and China) negotiations with Iran about its nuclear program is at a critical phase, as the deadline for reaching agreement approaches.

The deadline to be agreed on a political framework for a final agreement is by parties sat until midnight Tuesday. 5 + 1 group will exchange a guarantee Iran’s peaceful intentions towards a gradual easing of sanctions.

If Iranian oil dropped back on the market, is expected to provide a powerful downward pressure on oil prices.

– Iran has built up substantial oil stocks and can immediately increase exports if sanctions are repealed, writes analysts ANZ Reuters in a note.

Shipping sources informs news agency that Iran save at least 30 million barrels of oil on its fleet of supertankers.

On the Oslo Stock Exchange rises Statoil 0.07 to 143 million.

Read also: – Iran deal could easily push oil prices down in $ 20

DNO fall in Yemen arrest
The impact among the heavyweights are generally modest.

DNO excels most, but on the negative side. Stock thundering down 6.82 percent to 10.39 kroner after today’s announcement that full production shutdown in Yemen due to the deteriorating security situation in the country.

– The company states in the message that production before the shutdown was 950 barrels per day, only 34 percent of the level in Q4. It indicates that production in the 1st quarter has been lower than expected, writes Swedbank analyst Teodor Sveen Nilsen told Reuters in an update.

John Fredriksen duo Seadrill and Frontline pulls down respectively. 2.20 percent to 75.40 million and 3.24 percent to 17.90 dollars.

Shares in heavy trade going up include RCCL and Opera – up respectively. 1.41 percent to 649 million and 1.16 percent to 65.65 dollars.

Storebrand put on 1.45 percent to 29.42 dollars.

Extension Solstad contract
Subsea 7 has declared an option to extend the contract for the construction vessel (CSV) “Normand Seven” with one year from September 2015.

It is stated in the announcement made by Solstad Offshore Tuesday.

This is the first of five annual options. The extension is made on existing conditions.

Solstad rising 2.17 per cent to 47 million. Subsea 7 is down 1.35 percent to 69.60 dollars.

Asetek to top
winners topped by Asetek, which rises 5.85 percent to 10.85 respectively.

Taper list is topped by Noreco, which falls 13.56 percent to 0.51 million.

Exchange ladders – DNO sees red – HegnarOnline

The arrows pointing upward in early trading on the Oslo Stock Exchange.

The main index is writing in 623.11, after rising by 0.6 percent.

Shares and equity certificates are traded for 332 million.

The main index is thus up 1.1 percent last month, while it has risen 8.1 percent so far this year.

devel happens in the wake of rise in New York yesterday and mostly rising stock exchanges in Asia earlier today.

Read also: China shares up 16 percent

Fear Iranian oil shock
Oil prices fall Tuesday morning.

Brent May oil pulls down 0.8 percent to $ 55.86 a barrel, while WTI oil goes back 1.5 percent to $ 47.97 a barrel.

The so-called 5 + 1 group (the US, UK, France, Germany, Russia and China) negotiations with Iran about its nuclear program is at a critical phase, as the deadline for achieve consensus approaches.

The deadline to agree on a political framework for a final agreement is by parties sat until midnight Tuesday. 5 + 1 group will exchange a guarantee Iran’s peaceful intentions towards a gradual easing of sanctions.

If Iranian oil dropped back on the market, is expected to provide a powerful downward pressure on oil prices.

– Iran has built up substantial oil stocks and can immediately increase exports if sanctions are repealed, writes analysts ANZ Reuters in a note.

Shipping sources informs news agency that Iran save at least 30 million barrels of oil on its fleet of supertankers.

On the Oslo Stock Exchange rises Statoil one percent to 144.40 dollars.

Read also: – Iran deal could easily push oil prices down in 20 dollar

DNO fall in Yemen arrest
The impact among individual stocks are generally modest.

DNO excels most, but is on the negative side. The decline is 2.9 percent to 10.83 kroner after today’s announcement that full production shutdown in Yemen due to the deteriorating security situation in the country.

John Fredriksen duo Seadrill and Frontline pulls down respectively. 0.5 percent to 76.70 kroner and 2.7 percent to 18 million.

heavyweights going up primarily RCCL and Yara – up respectively. 1.2 percent to 647.50 kroner and 1.1 percent to 420.10 dollars.

REC put on 1.3 percent to 47.80 dollars.

Salmon pops to the top
winners topped by Scottish Salmon Company, rising 8.8 percent to 4.46 million.

Closest follows Northern Offshore, which rises 5.3 percent to 2.00 million. John Fredriksen company has been deferred delivery of jackup rigs “Energy Engage” and “Energy Encounter” from the shipyard in China.

We take that Oslo Axess-listed Cecon is up 5.3 percent to 20 ear, while Apptix put on 4.6 percent to 1.83 million.

Taper list is topped by another Oslo Axess company. The marginal share RomReal falling 10.5 percent to 1.70 million.

Almost we find Odfjell Drilling, which pulls down 4.4 percent to 6.50 million. Songa Offshore follows not far behind with a decline of 3.4 percent to 1.42 million.

Finally, we mention that Agasti goes back 4.3 percent to 90 cents.

AP: Germanwings pilot had suicidal thoughts – TV 2

According to news agency AP got co-pilot Andreas Lubitz psychotherapy over time.

Prosecutors in Dusseldrof says Lubitz received therapy with a note that he had suicidal tendencies .

Treatment should he have gotten several years before he started as a pilot.

“The officer got psychotherapeutic treatment over a longer period of several years ago, before he got approval as a pilot. Suicidal ideation was noted, “according to a statement from prosecutors in Dusseldorf Monday.

– Crashed plane intentionally

” In the subsequent period and until the end it was new conversations with doctors and more sick leave, but without suicidal thoughts or aggression towards others was part of the diagnosis, “said the forward.

There is no evidence that he was physically ill on the day when Germanwings plane crashed, adding the German prosecutor to. German police also found no suicide note or similar under ransacked by Lubitz and his parents.

After analyzing the contents of the cockpit conversations, stated investigators that mate probably the plane crashed into the Alps with knowingly. The aircraft flight recorder is not found, possibly because the so-called black box transmitters were injured in the crash, according to Kay Kratky in Lufthansa.

prosecuting authorities spokesman Ralf Herrenbrueck said Monday that investigators have not found any motive or signs that Lubitz has been unwell.

Sick leave and medications

Home with Lubitz investigators have found a torn sick leave that applied from 19 . until 26 March this year. They also found several medications against psychosomatic disorders.

New York Times has revealed that Lubitz consulted a doctor because of vision problems. Vision problems can potentially make a pilot can not continue to fly. But it is not clear whether this was a serious physiological problem, or a psychosomatic problem.

It is confirmed that Lubitz was undergoing treatment for a medical problem at the hospital in Dusseldorf but they have not disclosed what kind of disease it was talking about. Lubitz kept this hidden her employer. He should have passed all medical tests at Germanwings.

ekskjæresten: – Said he would do something that will change the entire system

Pilot ex-girlfriend said Saturday to the big German newspaper Bild that he wanted to do something so that everyone came to remember him.

According to the newspaper dealing ex-boyfriend as stewardess, and in five months last year they flew together in Europe. She goes in the article under the name Mary W.

When she first heard about the crash in the Alps, she remembered especially one sentence that Lubitz had told her.

– One day I will do something that will change the whole system, and then everyone will know my name and remember it, he said.

– I never understood what he meant, but now it makes sense, says Maria W. to Bild.

GRAPHICS: How was accident airplane process

Investigators comb accident instead of track

- This is a party where you get paid to drink – Dagbladet.no

(Financial News /
Ole Asbjørn Ness): Pål Ringholm, credit analyst at Swedbank, a man who simply put is very well paid because he is much better than monkeys to throw dart at newspapers bond sides admit a mistake.

– That German government would give a return of 12.5 percent last year, the so I can not come.

Treasuries were high at the year’s start. It gave low interest rates. But then they rose even more, giving even lower interest rates.

Ever extraordinarily low interest rates, actually. It gives time for the really long lines.

– Interest rates have not been delivering on 5000 years, said credit analyst at Swedbank, Pål Ringholm, and puts forward a graph with interest back to code of Hammurabi time in Babylon .

In his law the maximum interest rate on seed 30 percent annually, while interest on silver was 20 percent. Interest is older than money.

And the law of one price works slowly: After thousands of years had tricksters who borrowed silver and bought seed to loans, provided that the maximum rate for both silver and seed was 20 percent.

Now interest rates negative. Translated into Hamurabis time he gets that lend 100 bushels of corn, 99 bushels back, at best.

What the heck is going on?

If you read the newspapers superficial, you must an impression that it is the central banks that control rates. 26 years after communism falitt, is thus interest rates controlled by central banks in their infinite wisdom sets interest rates. Wrong.

Just as one in the Soviet Union managed to put the right price on anything, without a market, capabilities one the fixed income market.

Instead of thinking that central banks decide interest rates, one can imagine that they run after and strive after poor ability, to make adaptations that lubricates the local economies as well as possible: More oil, cheaper for banks to borrow overnight, if it squeaks, and less oil, more expensive for banks to borrow overnight, if oil dripping in sacking flow.

In theory, the global interest rate the interest rate that makes savings = investment (and here we mean real interest rates, ie interest rates adjusted for inflation).

Great theory. The only problem is that no idea what the global real interest. You can not find it on Bloomberg, to say it that way. It is a concept, a concept not an observable size. But it does in its highest degree applicable. Adjusted for risk and inflation, can not a country securities lie too far away from this. Thus not Norwegian interest very Norwegian but controlled by foreign capital movements.

If Norwegian interest rates are higher than similar foreign securities must either krone strengthen or interest rates fall, as a result of all the foreign capital flowing to.

Two wise heads in Norges Bank considered itself in 2010 ruled that the “normal” Norwegian interest rates were 4.5 to 5 percent, but this could be falling.

It is the development have long been able to testify in the international capital markets. Except for emergencies, when liquidity dries up and interest rates go in the roof has been given direction: Down!

In expert note for Most Straight from autumn describes the three economics professors Steinar Holden, Thore Johnsen and Espen R. Moen developments. First they quote a study from the International Monetary Fund last year. Where it is concluded that the real interest rate is mainly determined by global conditions, and they estimated that the global real interest rates have fallen slightly below where it lay ten years ago, ie below 2 per cent (plus inflation, risk and time, so come one until nominal interest rates observed).

Three factors explain the fall
– Firstly saves population in emerging economies like crazy.
– Secondly, risk appetite declined and thus bonds preferred, then you get at least back principal.
– Thirdly, the recession and very low policy rates contributed.

The three professors also cites a study by the OECD early in 2014 where projections of economic developments until 2060 are presented.

OECD thought at the time that the long real interest rates would rise by 1.5 percentage points over the next four or five years. Cyclical stabilizes, and central bank policy rate should normalize. Then would high saving rates in China and other countries with older wave cut interest rates until 2030, while by 2030 would interest rates will rise as a result of pensioners use of their money and fewer saver.

For comparable countries like Norway estimates the future real interest rates to be between 1.8 per cent – 3.1 per cent up to 2020, and from 2020 to 2030 in the interval from 2.3 to 3.2 percent.

Low interest rates, low interest rates and low interest rates.

We can hear the echo where we sit at Aker Brygge. Among the steel and glass and fjord we hear the resonance from the international capital markets. New York, London and Tokyo. Exchanges located at record levels. On oil sensitive Oslo Stock Exchange price of oil has put a damper on the party, but in the world nor the world’s central bankers more punch in the bowl every time it is getting empty.

The explanation for the rise is simple, we believe Ringholm.

– When you share a number that is almost zero, what do you get when, almost shouting the enthusiastic northerner and he answers the question himself: – A very large numbers!

Thus, house prices, share pricing and bond values ​​explained. Only you discounts down a cash flow with a sufficiently low interest rate, it is high. Do you have a perpetual cash flow of 10,000 per year, and interest rates is estimated to be one per thousand, is the present value of paltry 10,000 million 10 million (10,000 / 0,001).

– The value is rocketing says Ringholm. Hallelujah. Fest. Adjusted for inflation, it is free to borrow money. Jappe time is risen from the dead: Negative real interest rates are here again.

This is not a party with lots of drink tickets, this is a party where you get paid to drink.

And it is a party which many economists believe will last long. The most optimistic believe that interest rates will remain low for decades. Low growth and aging population is the explanation.

– It is a touching agreement says Ringholm, and with no small Malise he adds: – It is always so towards the end of one cycle.

Well think Ringholm that the next interest rate movement is downwards and well think he current low policy rate will probably last another two years, but this is the new normal, he has no faith in.

– If the interest rate low for ten years?

– I have no faith in. It does not happen. Look, almost crying Pål Ringholm.

In his hand he holds the proof. The smoking gun. Three numbers. The Spanish, Italian and US rates on one-year government bonds. The Spanish and Italian interest rates are lower than in the US.

– Who in their right mind would rather lend money to Spaniards and Italians than Americans, and get lower paid?

– Exactly. Interest rates are manipulated! The ECB has started its support purchases, it gives bizarre manifestations like this.

What does it mean?

The money has piled up in banks. Low interest rates are a way to stimulate the economy. It’s tougher to be rentier. Should you get a return, you must move away from the fixed income market.

The downside: – People are still afraid. The stock market is rocketing, not because they expect high future earnings, but because the denominator in the discount rate is low.

Thus parts Ringholm roughly today’s investors into two groups. The one group is still shaky, they want to protect the values ​​as much as possible. They put their money in bonds. One then gets the least principal back, nominally. The others will have returns and goes in the stock market or real estate market. Where valuations skyrocket thanks to the low interest rates.

How long will the fun last? Two years to think Ringholm. But what about those who believe in low interest rates in a decade to?

– I have no faith, says Ringholm. During 5000 years has that never said interest rates have been lower.

On the basis of what draws Ringholm two conclusions:
– The first: – The outcome is skewed. Yields can not go much lower. But they can go very much higher. This applies even if I think that the next movement is downward, says Ringholm.
– Second: For low interest long will cause bubbles when they uavendelig one day burst, resulting in higher interest rates or interest rates must rise before the bubbles evolve.

– Either rates will have to rise. Lunch is not free, it taught Milton Friedman us. And certainly not money.

When is punsjbollen empty? When does the interest to the sky?

– The movement will always surprising, and it will come faster than consensus, says Ringholm.

He sees three factors that could trigger this .

– As always, China the great risk of Norway. I still believe that there is tremendous risk. The Norwegian housing market will probably be a bad investment, but if you want to make an even worse one, you can put your money in the Chinese housing market. In China it can quickly get a violent crack. It will reverberate throughout the world, and particularly in Norway.

Farewell to China as the world’s great saves.

– The growth and inflation could come back faster than had been expected. The central banks are doing now, no one has ever done before. No one knows just how this will end. Besides demographics in the process of turning. We stand at a turning point, where the aging population will begin to draw on the equity they have accumulated. It will probably coincide with a bottom.

Ola Nordmann applies it to follow the outcome with excitement.

Never before has Norwegians had higher household debt relative to income. Never before have Norwegian municipalities have been more indebted. If interest rates slams weather, both municipalities and citizens to tighten their belts.

Meanwhile, shares, bonds and housing fall in value. Pieces on a bigger number, you get a smaller number.

consolation is that higher interest rates will make pension easier to carry. Or as Ringholm quit.

– There is no problem to pay your debt if interest rates remain low for a long, and you do not have to pay installments. When you grow out of it. This applies both to households, municipalities and countries. The downside is that when you have a lot of debt, endures one less bad luck.

– When beginning Ola Nordmann scream in pure pain Ringholm?

– I do not know. But I know that if we can not tolerate an interest rate increase, so is the time to fix the interest come. It is trivial to pay for an insurance policy that will be very useful whether you are a homeowner or municipality.

- Violation of the principle of equality – Dagsavisen

Domestic

Incarcerated in another state

• 2. March signed Attorney Anders Anundsen (FRP) the formal lease agreement prison in the Netherlands.
• The first prisoners scheduled transferred to 1 September. From then becomes 242 seats in prison “Norger-haven” organized as a department under Ullersmo Prison Norwegian management and Dutch staffing.
• The Dutch have set the price of 25.5 million euros a year – about 215 million million – to rent atonement seats in Norgerhaven to Norway.

It appears in the controversial prison agreement between Norway and the Netherlands, which Dagsavisen has disclosed.

Justice Minister Anders Anundsen (FRP) signed the 16-page agreement by a visit to the relevant prison Norgerhaven Netherlands this month.

The suggestion that Norwegian prisoners shall serve in another state has aroused strong reactions.

Dutch rules

The Norwegian Correctional Services is built on the principles of equal treatment. But will the inmates who actually should zone in Norway get an equal treatment atonement transferred to another country?

The agreement is made for example clear that prison guards should follow the Dutch regulations for the use of coercive measures during transport to and from prison. The Dutch regulations that came into force yesterday allows:

• Pepper Spray.

 
• Semiautomatic rifle.

 
• baton.

 
• Semiautomatic pistol.

 
• CS tear gas grenades.

 

It is also allowed with a kind of fetter, which stretched on legs to prisoners during transport to prevent escape attempts. It is only by escape attempts, organized riots and direct danger to life it is allowed to use weapons. These coercive vary from what is allowed in Norwegian correctional during transport, says union leader in Correctional Vocational Association Knut Are Svenkerud.

– About correctional shuttle service stands for transport will not use tear gas, but limited use of pepper spray. You get to use baton, handcuffs and defensive techniques to gain control of any situation. About prison officers responsible for transport so the same applies, but they’d better not use pepper spray, says Svenkerud.

He also emphasizes that in Norway are only allowed to inflict pain to get control, but not to injury. Once you have control of the situation should release.

So what will happen if Dutch captors using physical force that causes damage in transit?

– The Dutch authorities are responsible for monitoring of individual events that happen during transportation. Meanwhile, Norway overriding responsibility to ensure the inmates’ human rights, says State Secretary Vidar Brein-Karlsen Department of Justice.

When the inmates are within Norgerhavens walls is again Norwegian penal apply.

In case of death

The agreement goes into detail on how to deal with it if an inmate dies. Here are the two parties have agreed that only the Netherlands to investigate the case.

It has the past year been several deaths at Norgerhaven and the other prison in Veenhuizen, Esserheem, got VG confirmed by the Director of both sikkerhetsanstaltene, when they visited the prison.

Frode Sulland in Bar Association believes there is no reason to believe that the Dutch authorities will not do an equally good job of investigating a case. He nevertheless observes that it is principally problematic because it means that the Norwegian prisoners in the Netherlands will get a different treatment than in Norway.

– This is also a violation of the principle of equality, providing further reason to be critical of this proposal, said Sulland.

– troublesome

Norwegian authorities will not launch an investigation about an inmate doing anything criminal in prison, according to the agreement. Person will not be sent back to Norway without the consent of the Dutch authorities, and can be transferred to another prison in the Netherlands.

– We believe it is right to safety troublesome says Svenkerud.

Justice Ministry is keen to emphasize that they are the Norwegian prison manager who is the head of the prison and who, with the assistance of his staff shall ensure that the sentence for inmates follow the Norwegian regulations.

There should be a Dutch Personnel and Administration at the prison, which is subject to the Norwegian prison manager. The Dutch personnel and administrative manager is responsible for the Dutch employees.

Critical to Process

Some consultative bodies have been critical to the short consultation period on the proposal. They believe Anundsen here has broken assessment instructions and put the Parliament in a locked situation.

– Parliament is dressed a straightjacket, says Svenkerud.

Left and KrF can choose whether they want to ratify the agreement or not. If they say yes the Government must change Sentences Act.

But the Justice Department believes the process surrounding the agreement with the Netherlands has been completely ordinary.

– The agreement will come into force after the necessary amendments have been adopted and Parliament has agreed, saying Brein-Karlsen.

The agreement ensures atonement space for 242 Norwegian prisoners in a prison north of the Netherlands, has created strong reactions. For Norwegian prisoners should get zone in the Netherlands Government must change Sentences Act. Ministry of Justice has sent out a note about this hearing. 25 of 27 consultative bodies are to a greater or lesser extent skeptical of the proposed change.

Police Security Service (PST) expresses skepticism parts of the proposal in its response. PST main challenge is the threat related to radicalization and recruitment to extremist Islam. They therefore draw particular shows that to let inmates zone in another country hampers PST work in this area.

They believe that it is best for them to be avradikaliseres to atone in Norway, and therefore requests that those who have committed offenses within PST responsibility not sent abroad to zone.

The Red Cross also shows in its response to the radicalization during incarceration is a challenge. They ask the ministry to consider relocation of atonement up against the danger of radicalization, and believes Norwegian correctional here has a clear advantage.

The Ministry replied that it is the Norwegian prison manager who is head of the prison and who, with the assistance of its staff shall ensure that the sentence for inmates follow the Norwegian regulations.

Requires X Games Collaboration – Dagens Næringsliv

Norwegian Confederation of Sports (NIF) dislike TV2 commitment to X Games in Oslo. Association will shut own members out from the event unless TV2 Jenks after NIF requirements.

Published: 27.03 .2015 – 9:49 p.m. Updated: 03/27/2015 – 9:52 p.m.

The article is added to your reading list.

Norwegian Confederation of Sports X Games Norwegian twin-tip skiers and snowboarders will not be allowed to start at all when one of the world’s biggest sporting events, X Games, held in Oslo next year – unless Norwegian Confederation of Sports (NIF) for to say in the event. The management of federation has expressed great skepticism that TV 2, together with the X Games’ American owner, Disney Group, on its own is about to get the green light and 42 million to the event from Oslo. The event is scheduled for February 2016.

– We ask ourselves not indifferent to whether sport, beyond our control, will become part of the entertainment industry. It will have negative effects in society if it is created sports entertainment without one adequately take into account our values, says Assistant Secretary General Øystein Dale NOC.

The organization titled on its website as “joint administration for all sports throughout Norway “. FIS and Snowboard Association representatives sitting in these days in meetings with Oslo politicians with a view to get a hand on the wheel.

Exchange defied sharp fall in oil prices – HegnarOnline

The arrows pointing upwards on the Oslo Stock Exchange Friday.

The main index ended at 616.47 after an increase of 0.83 percent.

Europe
By close of trading on the European markets mixed after concerns about the emerging conflict in Yemen.

FTSE 100 in London falls 0.47 percent, while the DAX in Frankfurt is up 0.52 percent.

In Paris the CAC 40 rises by 0.75 percent.

Oil prices in red again
Oil Prices corrects down after Thursday’s rally, triggered by a Saudi Arabia-led air strikes against Yemen.

Fear offers disturbances will cause declines Friday morning.

Brent May oil falls by close of trading with 2.18 percent to $ 57.90 a barrel while WTI spot pulls down 1.90 percent to $ 50.03 a barrel.

– market are now questioning by how sustainable effect geopolitical events have on oil prices, says investment director Jonathan Barratt at Sydney-based Ayers Alliance Reuters.

Read also: New Saudi attacks, but oil prices back in red

He characterizes a blockade of the Bab-el-Mandeb strait between the Red Sea and Adengulfen unlikely.

Goldman Sachs writes Reuters in a note that Yemen attack would have little effect on oil supply, since the country is a small manufacturer with its around 145,000 barrels per day in 2014.

SEB analyst Bjarne Schieldrop wrote something similar in an update yesterday.

Read also: Saudi bombs gives oil rally: This is the great fear

Røkke rally
On the Oslo Stock Exchange rose 0.35 percent to Statoil 143.40 million, while The Norwegian ended up 4.32 percent to 45.59 dollars.

CEO Øyvind Eriksen writes in Akers annual report that the company will invest more time and resources in the Norwegian forward.

SEB raises moreover price target on the Norwegian from 45 to 60 million, it went forward an update Friday.

– As a result of probable changes in the company’s loan covenants we raise our price target mainly because we have removed our previous assumption an issue, writes brokerage.

Kjell Inge Rokke Aker will otherwise cut a number of costs.

“Given’s results in 2014 have bonus payments become reduced compared with 2013. Employees with an annual salary of over 1.5 million have not received any pay increases, while those who earn below this has gotten a inflationary increase of two percent, “writes Eriksen.

Aker ended up 0.84 percent to 180 million.

RCCL excelled today positively with an increase of 8.25 percent to 630 kroner after the competitor Carnival has ordered nine new ships. The stock was today’s second biggest winner.

Carnival could additionally report a profit per share of $ 0.20 in the year’s accounting Q1, compared with a zero result a year ago.

According to TDN Finans was expected a profit of $ 0.10 per share.

On the negative side, we note Seadrill, which fell back 2.85 percent to 76 , 70 million.

DNO ended down 1.13 percent to 11.33 kroner after canceled the repair issue.

Subsea 7 was also among the losers – down 1, 81 percent to 70.55 million.

Bourse opens up – HegnarOnline

The arrows pointing upwards marked on the Oslo Stock Exchange in early trading Friday.

The main index is writing in 615.28 after an increase of 0.64 percent.

The recovery is stronger than what Roger Berntsen Netfonds had imagined.

Shares and equity certificates are traded for 432 million.

The main index has fallen 0.7 percent this month, but 6.8 percent so far this year.

The development occurs in the wake of another downturn in New York yesterday and mixed Asian exchanges earlier today.

Oil prices in red again
Oil Prices corrects down after Thursday’s rally, triggered by a Saudi Arabia-led air strikes against Yemen.

Fear offers disturbances will cause declines Friday morning.

Brent May oil falling 1.8 percent to $ 58.13 a barrel, while WTI oil pulls down 1.8 percent to $ 50.50 a barrel.

– market are now questioning by how sustainable effect geopolitical events have on oil prices, says investment director Jonathan Barratt at Sydney-based Ayers Alliance said.

He characterizes a blockade of the Bab-el-Mandeb strait between the Red Sea and Adengulfen unlikely.

Goldman Sachs writes Reuters in a note that Yemen attack would have little effect on oil supply, since the country is a small manufacturer with its around 145,000 barrels per day in 2014.

SEB analyst Bjarne Schieldrop wrote something of the same in an update yesterday.

Read also: Saudi bombs gives oil rally: This is the great fear

REC rally
On the Oslo Stock Exchange rises Statoil 0.7 percent to 143.90 million, while The Norwegian is up 2.3 percent to 44.69 dollars.

CEO Øyvind Eriksen writes in Akers annual report that the company will invest more time and resources in the Norwegian forward.

The effects are generally small among the most traded shares.

REC excels positively with an increase of 3 , 6 percent to 2.43 million, while RCCL is up 1.9 percent to 593 million after the competitor Carnival has ordered nine new ships.

DNB, PGS and Opera all rising around 1.5 percent.

On the negative side, we note Seadrill, which goes back 1.5 percent to 77.75 dollars.

DNO falling 0.1 percent to 11.45 kroner after canceled the repair issue.

Marine Harvest is also among the losers – down 0.4 percent to 90.85 dollars.

Biotek to the top
winners topped by Napatech, which put on 11.5 percent to 22.30 million.

Closest follows Bionor, which climbs 7.5 percent to 2.30 million after CEO David Horn Solomon has strengthened management with three new directors.

Polarcus and Oslo Axess-listed NattoPharma then follows, both with increases of 5.6 percent – respectively. 38 cents and 14.25 respectively.

Oil Mosquitoes African Petroleum rising 3.0 percent to 34 cents after polling nearly 100 million in a share issue.

At the other end we find Apptix, falling 12.6 percent to 1.60 million.

Another oil mosquito, Noreco also take a provisional podium on the list of losers with a decline of 8.3 percent to 55 cents.

The Oslo Axess-listed biotech duo PCI Biotech and Aqua Biotechnology goes both back around 4.7 percent – respectively. 12.10 and 11.20 respectively.

Wall Street fell again – HegnarOnline

US bourses ended slightly down on Thursday.

The Dow Jones fell 0.23 percent to 17,678.23, the Nasdaq 0.27 percent to 4,863.36, while the broader S & amp; P 500 Index went back 0.24 percent to 2056.15.

Wall Street so thus red for the fourth day in a row.

“Fear Index” VIX (CBOE) rose to nearly 19.

The losers were slightly more than the winners on the NYSE, where 828 million shares were traded for $ 3.5 billion.

The dollar has strengthened slightly against the world’s largest currencies and EURUSD fell below 1.09 .

The yield on US 10-year-olds rose to 2.0 percent.

The gold price rose $ 7.80 to $ 1,204.80 per ounce.

– Perfect excuse to sell
Otherwise the commodity exchange in New York rose WTI oil sharply after Saudi Arabia, along with a coalition of 10 Gulf States, initiated a military operation in Yemen.

Front contract rose to $ 51.43 a barrel, its highest level since March 4.

– I think this is the perfect excuse that this decline will continue. We clearly see that fear is the factor that drives investors to secure gains before earnings season, says chief economist Peter Cardillo at Rockwell Global Capital CNBC.

The strong dollar and the weak global economy put pressure on earnings last season and analysts expecting even stronger pressures in the next quarter.

– The pace of dollarstyrkelsen and fall of oil prices is a lot to digest at one time. I think we will see some effects in Q1, says CIO Jim Dunigan in PNC Asset Management to the channel.

Merry macro
The number of first time applicants for unemployment insurance (jobless claims) fell 9,000 to seasonally adjusted 282,000 last week, the lowest level since mid-February.

– The conclusion is quite clear that growth is weaker, but the labor market has been very stable – as it should, since we probably get blowback in Q2.

– The rate of dismissals is increasingly modest and job statistics is nevertheless an indicator that is in arrears, writes chief analyst Peter Boockvar The Lindsey Group according CNBC in a note.

It also showed preliminary figures that expectation index for purchasing managers (PMI) in the service sector in March rose to its highest level since September.

Heavy transport
IBM today’s strongest Dow component, with 0.9 per cent increase to $ 160.59. American Express weighed the most, with a fall of 2.0 percent to $ 78.48.

Transportation Stocks continued to weigh, and director Marc Chaikin in Chaikin Analytics informs the channel that the sector is the biggest driver for the stock market decline last few days.

Especially Union Pacific has shown a downward curve and the stock fell 2.4 percent to new $ 108.17 on Thursday.

Among the 10 main S & amp; P 500 sectors showed telecom way, while income-dependent consumption pulled down the most.

Leisure Wear manufacturer Lululemon delivered better than expected earnings in the previous quarter, while guiding was disappointing. The stock still rose 4.9 percent to $ 63.96.

The municipality increases overdraft facility with 10 million – Lofotposten

Moskenes struggling with liquidity. Like other municipalities with weak economy, Moskenes used by unused borrowing funds to pay bills instead of taking up credit facilities. Or put another way: The municipality has borrowed from its own building project to pay bills and salaries.
Last year, the control group and the council that the practice was changed. The municipal council approved a kassakredittlån five million municipality began using in February this year.

See also: Municipal must downsize

Not enough

Now fear alderman that the frame does not hold. In the municipal board meeting Wednesday he asks politicians raise the frame to 15 million. Finance Lena-Britt Johansen shows in his report to overdraft facility is already in use, and that investments in 2015 will require borrow funds.
– In addition, allowance is made for salaries, while payable withholding and installment payments. To not end up in a situation where we fail to pay our obligations, we must increase the cash credit, writes Johansen and Sperstad in legal study.

Moskenes second highest debt

According to OAG ranking of debt in Norwegian municipalities located Moskenes second. Debt costs each citizen 126,102. The debt amounts to 140.2 percent of revenues, whereas the recommendation is 70 percent.

Read the case here: Lofoten Municipality in Norway top in debt

In January and February, the municipality has paid 1 2 million more in interest repayments than the corresponding period last year.
– It is related with the refinancing of loans. The increase affects liquidity, says Sperstad.
Moskenes is one of four municipalities in Lofoten County Department Robeks registry, and probably the longest way out. The accumulated deficit of approximately 16 million. Robeks municipalities are subject to financial control from the County, and must have, inter alia approval to raise new loans.
– We have received exposure. The municipality will not be able to cover this within two years. We have created a binding plan for repayment, but we have to spend eight years to cover the deficit. To pay down the debt with two million annually is hard enough, says Sperstad.

Read more about: economic policies policy Municipality Flakstad and Moskenes

The plan roundabout adopted county committee – Fosna people

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Out of the closet – Our Country

He has a light hand and Bach’s Prelude in the ears. Soon the room filled with people. By carve high-flown songs, devotional processions and incense so dense that little body almost disappears during the Sunday Mass. Alter boy Stian Berger Røsland are accustomed to lavish surroundings.

Now, 30 years later, he glides course into his stately office in Oslo City Hall. Impeccably dressed, slicked hair, Right needle visible placed on dressers chest pocket.

– I’ll just from a meeting where the height of a retaining wall was discussed. Now I’m ready for some major questions, smiles Røsland and settles down behind mahogany table.

– What do you think when I say the word faith?

– Faith can mean wonder, hope, and for some – which are close to a security. In recent decades has taken significant leaps in explaining how it is that we are here. For me faith a wonder of what we do not understand. There are some fundamental questions again, as they also wrestled with several thousand years ago. Why are we here? Is there a bigger underlying reason? Hopes carries a meaning of it all.

Little wonder Adult

As the only Catholic in the class, was Stian Berger Røsland the somewhat puzzling boy who went to church every Sunday. There was much he even wondered too. How can it be that such a barbaric wars being hailed as a saint, marveled little Stian. He looked up at the big picture that hung in St. Olav’s Church: Olav the not so holy. So he knew, after plowing through world history before he could fill ten.

– As an only child I spent a lot of time with adults and was interested in history and society. I was especially excited about a story in the Bible about Jesus as a young man homework up for priests in the temple about how the world really was to understand. There was another story I could relate to me. There were many who thought I was pretty precocious, smiling Røsland.

Positive faith

youth rebellion stretched to stop going to church every Sunday. Then he was 18. Faith did not disappear completely, it just was not the same need for refills.

– I think that faith is something you have or have not. And so will the different phases of life will be greater or less present. Many seek solace in faith when life is painful and difficult, but for me it is actually the opposite. Faith has always been associated with something positive. After I had children, I knew how important it is that they also get to be a part of this tradition. Therefore, I sometimes started to go to Mass again.

– What do you want to pass on to your children when it comes to faith?

– I just want them to have a relationship with the faith, so they side can make the choice whether they want to take it further in life or not. They could probably figured it out on my own, but I think it is more demanding. It is difficult to go into this without having been part of it from one small. I do not feel any disappointment if my kids would rather choose to be a member of the NHA. At the political level there is a couple of organizations I’m a little more worried.

Dimmed religion

Although he attached early Right to their chest. After law school, it did not take long before young Røsland did lynkarriere. Only 32 years old he took as Governing Mayor of Oslo.

– You control a city where religions have become clearer after several mosques have emerged. We have received solidarity rings, but also an increasing number of threats. What challenges lie in it?

– diversity is fundamentally a good. We get multiple perspectives and experiences, ways to view issues. Being rigged for an international reality. Meanwhile, immigrants be a source of conflicts and misunderstandings, because they come from a society where the religious dimension is much larger.

Røsland refers to a study from the United States on the choice of president: A large majority felt it was important that the president was Christian. Quite a few wanted a Muslim president. But even fewer would have an atheist.

– We must remember that we distinguish ourselves because we have toned down religion. It disclosing that it is how we do it here, take another generation or two. We must not expect that the integration will take place 20 minutes after landing at the airport. Kindergarten, school and workplace are important public meeting places for those who move to Norway and we already living here.

We are the unusual

Røsland is concerned that there is we that are atypical. Unlike the rest of the world has Western Europeans uncoupled religion from politics and society. He talks about the Peace of Westphalia in 1648. The ending with the major wars of religion in Europe. The religion was taken out of the equation.

– I think it’s a big advantage not to mix faith and politics. It helps that they can live together regardless of religious views and personal convictions. Discussion on the Sunday open stores is interesting, because the rationale was originally religious character. Today it’s about those who work shall be exempt of work environmental causes. Thus it becomes a discussion everyone can participate. I hold general nor the Sabbath day holy.

– You belong to a church that is under investigation. How do you perceive it?

– This is a serious issue that tear down confidence in both the church, but I also believe communities in general. This’ve also been a problem in both the Norwegian Church and Muslim communities. There was much discussion and debate for five or six years ago. I also remember that the Catholic Church took the initiative that religious communities could get a better cooperation with several state governments to get a correct registration of members and support, which I thought seemed reasonable. But one must follow the rules that apply at any time.

Abilities to laziness

With a job as Chief Commissioner, a wife who is undersecretary for Erna Solberg and two children aged 4 and 6 years, he must hang in strap to get everyday to go hop. He admits that he has some good qualities to laziness.

– I am keen cost-benefit, the best possible result to the appropriate effort. I have gradually learned to simulate if needed. So it may look like I’m well prepared without being there. Sometimes I have seen on “West Wing” instead of reading report number 27.

– For a Catholic prayer and Exhibition often important. How do you get the time?

– I get passed occasionally and did not feel in any guilty that it is not often. I’ve never been any visible Catholic, because I think it is private. In our secularized society, which I think is the one good that we have, I think one should be a little reticent. I am keen not to mix religion and politics.

– What is it you do not find in Protestant Christianity?

– I’ve never easy for belonging somewhere else, because I experience the Catholic Church little judgmental little moralizing. Paradoxically, the church has the their moves.

He feels that it is not all convictions you need to share. That room for differing opinions are great.

– I think for example the church ought to reconsider their view of homosexuality, committed cohabitation and female priests. I think it comes eventually. Currently celibacy beginning to loosen up a little, but this is the one business that is not just running fast after changing. Perhaps it is also part of the reason that it has existed for 2000 years.

Back to the mystique

It is said that Stian Berger Røsland is patient – up to a point. As inmates Governing Mayor he could irritate his green over punctuation in a note. Or when someone hung with cornering.

– But the surroundings do something with you. I have learned to hide their impatience, prejudice people who submit a report even though I have taken the point. Try to listen to things I think is so exciting. Nåx mean someone I should attempt to drop a little more loose. I can probably perceived in excess of self-control. I do not give so much. But this is not a place one berates people, says Røsland and nods explanatory to his own office with sea views, columns and a whisper of history in the walls.

– Can you “talk to death» Christianity and so lose some of the mystique?

– The beauty of Catholicism is that it has a less fear that rituals can help to explain what we do not see. What we do not understand. The tangible has a value. Catholic sermons are quite short. One reads the lyrics and get a quick explanation from the priest, so you come back to the mystique. It puzzled where you can reflect on your own. They manage the still not explaining this. But they will have to experiment, smiles Røsland.

During the Sunday Masses he can feel how the story comes closer. The lines extending from church bench he sits on, and infinitely far back in time. It is the same hymns, the same texts, the same beautiful tones.

– Through the concrete and close one gets perhaps a stronger relationship to faith than many who are members of the Norwegian Church. The rituals are a part of who you are, regardless of the strength of faith of all time. Because it can be varied. But you do not stop the rituals, it’s a part of growing up, the small family culture, says Røsland.

– What does it take you to lose faith?

Commissioner manager looks with one little puzzled. The problem has never occurred because he. Born into a Catholic tradition, as for his own part, managed to become 38 years long. It takes a lot to sweep stuff off.

– A new scientific study perhaps?

Fearing proposals for new car taxes – Dagens Næringsliv

Motor

Bilimportørene er svært skeptiske til å basere bilavgiftene på bilens utslipp alene. – Enkelte aktører kan bli radert ut over natten, sier Erik Andresen i Bilimportørenes Landsforening.

Publisert: 23.03.2015 — 22:00 Oppdatert: 24.03.2015 — 05:33

Artikkelen er lagt til i din leseliste.

– Vi er sterkt kritiske til forslaget presentert i DN tirsdag. Det vil gi dramatiske konsekvenser.

Det sier Erik Andresen, direktør i Bilimportørenes Landsforening, som er de norske bilimportørenes bransje- og interesseorganisasjon.

Tirsdag sist uke omtalte DN et notat fra tenketanken Civita med forslag om å fjerne effekt- og vektkomponenten, og heller avgiftsbelegge hva bilene faktisk slipper ut.

I forslaget ville eksempelvis en Volvo XC90 ladbar hybrid med 400 hestekrefter og et CO₂-utslipp på 59 gram per kilometer få en avgiftslettelse på omkring 250.000 kroner, og bli billigere enn den samme bilen med dieselmotor.

Store konsekvenser

– Noen biler blir 200.000–300.000 dyrere og andre tilsvarende billigere. Det blir ikke forutsigbart for noen. Hverken for forbrukere eller bransje. Det vil få store konsekvenser for eksisterende bilpark og ikke minst et tap på leasingbiler, som forhandlere har garantert restverdiansvar for på cirka 16 milliarder. En nedgang på 10 til 20 prosent vil være dramatisk for disse forhandlerne. Forhandlerøkonomien er allerede stram med hard konkurranse både på salg og servicemarked. Enkelte aktører kan bli radert ut over natten, sier Andresen.

Regjeringen har sagt at bil- og drivstoffavgiftene skal ha en fullstendig gjennomgang før revidert nasjonalbudsjett som legges frem i mai, og en arbeidsgruppe med medlemmer fra Høyre, Frp, Venstre og KrF er allerede satt ned for å jobbe med dette.

– Det vil gi svært store utslag og det er ikke nødvendig med så store endringer av systemet for å nå 85 grams målet. Tvert imot vil en mer forutsigbar gradvis endring være det beste både for bransjen og for forbrukerne. Vår prognose er at vi allerede i 2015 vil kunne krype under 100 gram CO₂ fra nye biler. Vi er i rute til 85 gram, sier Andresen.

Må ha større ambisjoner

I klimaforliket fra 2012 er målet om et gjennomsnittlig CO₂-utslipp fra norske personbiler slått fast til 85 gram i 2020. En stor elbilandel hittil i år, har gjort at utslippene i februar lå på 102 gram per kilometer, noe som er ti gram lavere enn samme måned ifjor.

Regjeringen har samtidig gått inn for å redusere norske klimautslipp med 40 prosent sammenlignet med 1990 frem mot 2030, der transport står for 32 prosent av utslippene.

– Notatet har skissert en mulig innretning av kjøpsavgiftene for personbiler slik at personbilparken over en viss tid kan gjøres utslippsfri. Med den nylig oppjusterte enigheten om 40 prosent kutt i CO₂-utslipp innen 2030, er det naturlig å vurdere hvordan personbilparken kan bidra. Legger man til rette for en utslippsfri bilpark, vil nær en tredjedel av utslippskuttene ha blitt realisert innenlands. Innen 2030 synes jeg målsetningen bør være at det ikke selges biler med klimagassutslipp. Da må ambisjonene heves fra 85 grams-målet som Bilimportørenes Landsforening sikter mot, sier Villeman Vinje, samfunnsøkonom i Civita.

Bilimportørenes Landsforening har sammen med Naf og Norges Bilbransjeforbund utarbeidet et eget forslag til endringer i bilavgiftene, som ikke går så langt som det Civita skisserer. De vil skrote effektavgiften, men beholde vektavgiften og CO₂-avgiften som skal vektes likt.

– Da vil CO₂ få en sterkere vekting enn i dag og vi beholder vekt som får lavere vekting og en mer lineær innretning som vil gjøre større lavutslippsbiler rimeligere, sier Andresen.

Les hele avisen her.

Fearing the consequences – Dagens Næringsliv

Bilimport ears are very skeptical of basing car taxes on vehicle emissions alone. – Some actors may be incised out overnight, says Erik Andresen Norwegian Automobile Importers Association.

Published: 23.03. 2015 – 22:00

The article is added to your reading list.

– We are highly critical of the proposal presented in DN Tuesday. It will provide dramatic consequences.

It says Erik Andresen, Director of Norwegian Automobile Importers Association, which is the Norwegian Norwegian Automobile Importers industry and interest group.

Tuesday last week talked DN a note from the think tank Civita with proposals to remove the power and weight component, nor taxing what cars actually emit.

The proposal would for instance a Volvo XC90 rechargeable hybrid with 400 horsepower and a CO ₂ – emissions of 59 grams per kilometer get a tax relief of about 250,000 crowns, and be cheaper than the same car with a diesel engine.

This graph makes DNB concerned over China’s housing market – E24

Dermed “forsvinner» 20 Millioner potensielle førstegangskjøpere ut av et allerede presset eiendomsmarked, og ingen veto hvem we skal fylle etterspørselsgapet dem bak.

DNB Markets har-vært Kina på reise, og med kommer hjem dypere bekymringsrynker and panna enn for.

Kina boligmarked for har det første Noen Problem kort på sikt, påpeker analytiker Ole André Kjennerud and notatet med det velklingende NavNet “Golden years in Chinese real estate are over.”

Gullalderen
Forbes

Disse kortsiktige problemene Gar and korte at trekker ut på det av Kina and sjiktet tredje største Byers såkalte of T3-byene Na av er high for Stort tilbud EIENDOM, skyhøye finansieringskostnader for eiendomsutviklere og det tar lang tid ago solgt. Dette er dian faktorene we gjør at DNB venter fallende boligpriser and disse mellomstore byene.

And største nest og største (og henholdsvis T2 T1) byene, was ikke analytikerne of SAMME utfordringene, SELV også om yearning eiendomsmarkedet også av er der blitter rammet noe av det lava investeringsvilje Siste earrings.

MAKROØKONOM: Ole André Kjennerud, makroøkonom hos DNB Nor Markets. Photos: DnB Nor Markets

Men det er ikke disse kortsiktige problemene we bekymrer DNB teacher.

Det er det Grafen øverst Saken and we gjør.

Den viser årlig endring and aldersgruppen 25 til 29 år er bosatt and we kinesiske Byer. Brother and år og med eller neste år, denne kommer til å være negative.

Slik det vil fortsette and ti år fremover.

Demografisk problem

In kinesiske etablererne førstegangskjøperne og er high in krympende befolkningsgruppe.

Dette er det til motsetning and Siste gylne Tiaret, der med denne befolkningsgruppen vokste 3 Millioner and mennesker earrings.

Legg man med dette Sammi statistikk we viser at førstegangskjøpere and Enkelte kinesiske marked Stars for omlag 60 BC Pros total dukker mørke skyer det opp and Horisont.

Det har vært are in sterk drivkraft for etterspørselen etter EIENDOM of Arene Siste ti, ti Arene vil bli of neste in sterk Dempo.

USA Today: Fear Fed unrest – Dagens Næringsliv

USA i dag

Sjefen for verdens største hedgefond advarer.

Publisert: 18.03.2015 — 05:32

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Ray Dalio stanser alle store finansielle veddemål i frykt for at den første rentehevingen i USA siden 2006 kan få uante konsekvenser.

Grunnleggeren av Bridgewater Associates, med over 1300 milliarder kroner til forvaltning, trekker linjene tilbake til 1937.

Da hevet Federal Reserve rentene for første gang etter den store depresjonen og flere år med pengetrykking. Resultatet ble et børsfall på over 30 prosent.

Det er Financial Times som har fått tilgang til et notat fra den mediesky hedgefond-toppen.

-Vi er forsiktig med vår eksponering. Av grunnene som er nevnt ønsker vi ikke å ha noen konsenterte veddemål, særlig ikke nå, skriver Dalio, ifølge FT.

Advarslen kommer idet rentekomiteen er samlet i Washington DC for å fastsette styringsrenten. Beslutningen offentliggjøres klokken 19.

Tirsdag advarte også sjefen for det internasjonale pengefondet (IMF), Christine Lagarde, mot følgene av en amerikansk renteheving. Hun er redd det kan skape ubalanser i fremvoksende økonomier.

Fed hevet rentene sist i 2006. Siden finanskrisen har styringsrenten ligget rundt null til en kvart prosent.

Det er ventet at Fed vil heve rentene i juni eller september. Markedet priser inn 21 prosent sannsynlighet en juni-heving og 61 prosent for en heving i september, ifølge CME FedWatch.

Sentralbanksjef Janet Yellen har sagt de siste månedene at Fed vil være «tålmodig» før første heving, men markedet venter at dette forbeholdet vil bli fjernet i morgen, skriver flere amerikanske medier.

Den sterke dollaren og flere svake nøkkeltall den siste tiden taler isolert mot en renteheving.

Dalio ber Fed gå varsomt frem og forberede en plan B i tilfelle rentehevingen slår feil.

-Vi vet ikke – ei heller Fed – nøyaktig hvor mye tilstramning som vil velte vognen. Vi håper at Fed vet hvordan den vil rydde opp dersom det blir et velt. Vi håper den vet det før den tar en beslutning som kan velte vognen, skriver Dalio.

Meglersmekk: Det amerikanske finanstilsynet vil innskjerpe kravene til meglere og andre finansielle rådgivere. Kundene deres kan ha tapt over 140 milliarder kroner på grunn av dårlige råd ifjor, ifølge anslag fra Det hvite hus.

Adjø, Argentina: Amerikanske Citigroup vil stenge bankens oppgjørsfunksjoner i Argentina etter at en amerikansk dommer nektet storbanken å formidle kupongbetaling til eiere av argentisk statsgjeld denne uken, skriver Reuters. Argentina truer på sin side med med å inndra banklisensen og saksøke Citi dersom ikke pengene utbetales som lovet. Citi er ufrivillig mellommann i striden mellom de såkalte «gribbefondene» og Argentina.

Det lange bildet: Han er den best betalte mannen på Wall Street. Dette er forklaringen – slik Stephen A. Schwarzman selv ser det.

Dette skjer i dag: Rentebeslutning klokken 19. Kvartalstall fra logistikkselskapet FexEd.

Markedet før åpning: Terminmarkedet klokken tre: Dow -0,4 prosent, Nasdaq 0,4 pst., S&P unendret; olje -2,3 pst.; en euro koster 1,0606 dollar; tiårige statsobligasjoner ned tre punkter til 2,05 pst.

… og helt til slutt: Du vet det går godt i Silicon Valley når investorer lokker med en halv million kroner i premie til den som greier å finne på et nytt firmanavn.​