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Democrats unveil an ultramillionaire tax on the top 0.05% of American households (SPY -0.4%). Biggest midday movers: Rocket Mortgage, Novavax, TripAdvisor.
Here is the current market situation from CNN Money
North and South American markets are mixed. The IPC is higher by 1.65%, while the Bovespa is leading the S&P 500 lower. They are down 1.41% and 0.39% respectively.
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Can Peru s Oil Industry Recover From A Disastrous 2020? Perus oil industry is in crisis, with 2020 being one of its worst years on record. It was a year marred by the harsh fallout from the COVID-19 pandemic, violent protests, and political instability. By November 2020, Perus peak industry body; the National Society of Mining, Petroleum, and Energy, had released a statement (Spanish) claiming the national petroleum industry was in crisis. In that statement, the group pushed for the national government of Lima to resolve the many crises whi
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An explosion struck a tanker off the Saudi port city of Jeddah, maritime sources said on Monday, without elaborating on the cause.
Saudi authorities did not immediately confirm the blast, which the United Kingdom Marine Trade Operations (UKMTO) said occurred on Sunday off Jeddah, a key Red Sea port and distribution centre for oil giant Saudi Aramco.
The incident comes after an explosion last month rocked a Greek-operated oil tanker docked at Saudi Arabia s southern port of Shuqaiq, an attack that a Riyadh-led military coalition blamed on Yemen s Huthi rebels.
Dryad Global, a London-based maritime intelligence firm, also reported Sunday s explosion, saying it struck a vessel while carrying out operations within the main tanker anchorage at the Saudi Aramco Jeddah port .
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