Shine, shine, shine a light

We are seeing History in the making when the European Union announced its 750 billion- Euro ($824 billion) recovery package, aimed at boosting economic growth and creating a swathe of new jobs. The capital injection will have global financial markets breathing a sigh of relief, following the commitment from China at the Two Session to …

Iron ore futures surge as inventories dive

Iron ore futures advanced again on Thursday amid ongoing supply concerns from Brazil.   Brazilian miner Vale is the subject of an anti-corruption lawsuit; with the company alleged to have hindered inspections at the site of a dam that was collapsed early last year.   Furthermore, it was reported that there had been a sudden …