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By  latribune.fr     The Shell refinery in Rotterdam, the largest in Europe, was shutting down its factories on Sunday after a fire broke out on Saturday night, the company said. The fire took place last night in a high-voltage power station at the Shell Pernis refinery in Rotterdam, which, with about 60 plants, is Europe's largest refinery and one of the largest in the world. The fire could be caused by a short circuit, according to the Dutch public radio NOS. Shell's unconfirmed information, which "waits to learn more about the circumstances of the incident," according to the spokesman. "Shell is cutting all the plants on the site, which are interconnected, as many of them are out of use because of the power failure caused by the fire," said a spokesman for the giant Anglo-Dutch oil company. Shell plans to complete the temporary shutdown of its Rotterdam site by Sunday night. This may indeed take hours or even days, "said Shell Pernis s

Claude Fouquet The 19/07 at 10:52Updated at 12:52 lesechos.fr A report to President Moon Jae-in deems it necessary to establish a roadmap before the end of the year. While Pyongyang has not yet responded to  Seoul's proposal for an inter-military dialogue meeting this Friday , South Korean President Moon Jae-in is refining his strategy towards his enemy brother . If he had promised in early July in Berlin that his government would do everything possible to establish a lasting peace on the Korean Peninsula, it now seems to be aiming to reach an agreement on a complete dismantling of North Korea's nuclear program here To 2020. The outline of this strategy is now outlined in the report of the Advisory Committee on State Business Planning, which served as a de facto transition team after the inauguration of Moon Jae-in . Develop a roadmap If this report is broader and prioritizes Moon Jae-in's 200 proposals and campaign promises, it is undoubtedly the

The  daily chart  of  Bitcoin  gives a signal that probably the market is going to reverse and start upward movement. A  bullish  candle shows that the market bounces from 2200.00  support level  .  RSI  confirms price reversal but  MACD  and  DMI   -0.53%  still show downward movement. We have a price reversal signal and it's possible to think about opening long trades based on lower time frames. But still we don't have a solid confirming that the market starts upward movement.  That's why we must be careful with our long trades and don't use big  volume  for buying. We have to find possible entry levels and for this we can use the 4H chart. Based on this chart we can see that price moved upward after bouncing from 2200.00  support level  . The market was stopped and reversed by MA20 and we got a  local   0.37%  swing high. Now we have the possible entry level based on this high and if price breaks it, we'll have a confirmation for possible upward movement. So

Pre-opening Wall Street: under pressure, with 'stats' and geopolitics Jean-Noël Legalland , Published on 06/07/2017 at 15h00 http://www.boursier.com (Wall Street) is expected under pressure in pre-session on Thursday. The S & P500 is facing a 0.4% decline before the stock market, while the Nasdaq loses 0, down from 0.4% before the stock market, while on the geopolitical front, the North Korean record worries again somewhat. 9% ... According to Challenger's latest report on the subject, job destructions during the month of June in the United States concerned 31,105 jobs, a relatively low level compared to the historical data of the study. According to ADP's latest monthly report on the issue, the US created only 158,000 jobs in the private sector in June 2017, against a consensus of around 180,000 and a level of 230,000 in May. In June, small businesses generated 17,000 jobs, medium-sized businesses 91,000 and large 50,000. According to the US Department o

Qatar. The vicissitudes of a micro-State of the Gulf: theoretical perspectives of the crisis By  Victor VALENTINI , on July 2, 2017  www.diploweb.com atar is confronted with the reconstruction of a US-Saudi partnership harmful to its interests. V. Valentini puts into perspective the crisis that this micro-state of the Persian Gulf has been engaged since the mid-1990s in a diplomatic activism that seems to turn against him. The author evokes several scenarios and a rapprochement to follow between Qatar and Russia. IN A FEW MONTHS, the strategic environment of the emirate of Qatar has been considerably clouded, until the beginning of June 2017, a major diplomatic crisis that does not suffer from The young history of the micro-state. As a result of the growing tension with its regional partners in the Arabian Peninsula, grouped around the Gulf Cooperation Council (GCC), an obscure piracy by the Qatar News Agency ( Qatar News Agency ) Diplomatic relations with Saudi Arabia, B

Financial market: measures will be taken quickly following the firing of missile from the North SEJONG, July 05 (Yonhap) - The South Korean government said on Wednesday it will take firm action quickly against the turmoil in the local financial market caused by the latest launch of Korea's intercontinental ballistic missile (ICBM) North. Yesterday morning, the North fired a ballistic missile and claimed to have successfully launched an ICBM launch. Governmental agencies related to the economy and finance, including the Ministry of Strategy and Finance, the Financial Services Commission (FSC) and the Bank of Korea, held an emergency meeting in Seoul to discuss ways To address the possible impact of the latest North Korean provocation. The government will strengthen day-to-day market surveillance and take immediate action in accordance with its established contingency plan. He assured that there is no direct impact currently on the stock markets and foreign exchange des

US banks emerge stronger from crisis A decade after the onset of the financial crisis, large US establishments have never seen so much profit. THE WORLD ECONOMY | 05.07.2017 at 10.40 am • Updated 05.07.2017 at 10h41 | By Stéphane Lauer (New York, Correspondent) and Véronique Chocron Ten years after the start of the financial crisis, the big American banks have never seen so much profit. JPMorgan Chase, Wells Fargo, Morgan Stanley, Bank of America, Citigroup and Goldman Sachs, in the same year, accounted for nearly $ 91 billion (€ 81.8 billion) in profits. Despite the $ 200 billion in fines paid to settle their responsibilities in the 2008 depression, despite the new financial regulations that were supposed to cut their wings, Wall Street finally came out. As early as 2008, US banks received massive financial support from the US government through the Troubled Asset Relief Program (TARP). More than 245 billion dollars have come to consolidate their balance sheets fragilized

Did finance really learn from the Lehman shock? The crisis has revealed the fragility of banks, the lightness of some regulators and a culture of unbridled risk. Third episode of our series on the ten years of crisis that have changed the world economy. THE WORLD ECONOMY | 05.07.2017 with 06:39 • Updated 05.07.2017 at 11h02 | By Véronique Chocron With the fall of Lehman Brothers, rulers, central bankers, bank supervisors have glimpsed the end of the world. Once the system is on the ground, they intend to rebuild it, setting new rules for the banks to learn the lessons of the crisis. The task is immense and, ten years later, the work is still not finished. Subprime mortgages? In the United States, the Dodd-Frank law passed in 2010 and new rules of the US Federal Reserve (Fed) in 2011 better regulate lending to US households and Lenders and brokers. For example, residential mortgage brokers can no longer be paid based on prevailing interest rates. It must be said that subpr