Narrator stretching along the Eastern Shore of Lake Maracaibo and venezuela, one of the industrial wonders of modern times, the oilproducing complex of the venezuelan fields, more than 2000 oil wells reaching almost to the horizon. One of the largest known oil deposits in the world, this resource has brought new life to the people of venezuela. The oil beneath these waters belongs to those people, but the stupendous task of bringing it to the surface, refining and refining and marketing has been the work of private, foreign capital and engineering genius, much of it north american, and half that work has been done by one company, Creole Petroleum corporation. Creole is an american company, affiliated with standard oil of new jersey, but it operates exclusively in venezuela, making its headquarters in caracas, a sparkling, modern city whose progress is rooted in oil. From its caracas offices, this Company Conducts business in the interests of the venezuelan people as well as its own sto
Everything in the middle is struggling we saw this once again today, especially with the dow gained 102 points, s p advanced 0. 41 nasdaq up. 57 Dollar General, walmart, costco and target low end. Well, as well as rh, the former Restoration Hardware and lululemon on the high end. Some call it lululemon and theyre wrong. Lets unpack these Dollar General and dollar tree are Bargain Basement plays that indicator to the vast majority of americans who are trying to make ends meet these companies are extraordinarily good at what they do. This morning oppenheimer argued the chain has some of the best Revenue Growth momentum around, at a time when Interest Rates are slowing, meaning investors think the economy is getting weaker well, guess what this is a defensive holding. When retails not so hot right now, dollar gen. Dollar tree has a similar story, the acquisition of Family Dollar which is finally starting to pay off. Oh, man its having a big impact on the numbers. This was no easy feat. I
TheChristine Lagarde says ecb could need fresh stimulus. Shery a quick check of the markets closing, we saw fluctuations in the session. The s p 500 moved higher in the last hour of trading or so, moving to a record high. At one point it fell to session lows after we heard from the cleveland fed president loretta mester, saying she was not ready for cuts yet, which sent markets lower, but Communications Stocks are leading the gains on the s p 500. Volumes were lower, heading into the fourth of july holiday. Wednesday is a shorter trading day as well. The nasdaq finished 0. 2 higher, and u. S. Futures are unchanged at the moment. Lets see how we are setting up for the markets in asia. Kiwi stocks are under fire this morning, and looking at a potential retreat at the start of cash trade in tokyo and sydney. The aussie dollar staying steady this morning, in the wake of the rba rate cut. The governments secondhalf Economic Forecast to consider later today, export data looking shaky and poi
A 1950s promotional film by Creole Petroleum corporation shows the history of its development in venezuela and what it argues are the many benefits to the country, including health care, education and infrastructure. Newhe time, creole was jerseys venezuela affiliate and the number two oil producer. It dissolved when the country nationalized their oil industry in the 1970s. Stretching along the Eastern Shore of venezuela is one of the industrial wonders of modern times. The Oil Producing complex of the boulevard coastal fields. Wellshan 2000 oil reaching almost to the horizon. This resource has brought a new life to the people of venezuela. The oil beneath these waters belongs to those people. But, the stupendous task of bringing it to the surface and refining it has been the work of private foreign capital and engineering genius. Much of it, north american. That network has been done by one company. Creole petroleum corporation. Creole is an american company. An affiliate of new jerse
W dot com highlights one of mankinds oldest ambitions could be within reach or what is it really is possible to reverse aging researchers and scientists all over the world for in a race against time . Ah, they are peers and rivals with one daring goal to help smart nature more life starts february 16th on dw. Ah, a high tech take over worth 4 and a half 1000000000 euros, not happening . German government, declining the go ahead for the take over of waiver maker cell tronic by ty ones, global waivers have live analysis on why berlin run out the clock upon the deal. Also coming up, how a tie. Cafe is banking on the global buzz around crypto currency. And still production is responsible for on 5 percent of global c o 2 emissions. But there is a better, a greener way will show and pros called walk into the program. The German Government has failed to approve a proposed multi 1000000000 euro take over of german waiver maker cell tronic by taiwan. Global wavers, both Companies Make so called