Raul Villagran

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Crude prices may soon gouge Canadian oil patch

Oil prices ended 2014 with the biggest annual decline since the financial crisis, collapsing under the pressure of weakening demand, a glut of global supplies and OPEC's refusal to keep playing the role of swing producer.<p>A 46-per-cent drop in North American oil prices since the end of 2013 has …

Oil

Venezuela enters recession, inflation sky high | DW | 31.12.2014

Venezuela's central bank said on Tuesday that the South American country that has some of the largest oil reserves in the world had suffered three …

Venezuela
Coca-Cola
Economics

Canadians could save $12-billion at the pumps if oil stays low in 2015

Canadian consumers spent a record amount for gasoline in 2014, despite the slumping prices in the latter part of the year. But they can expect a major break in 2015, thanks to lower crude costs which at current levels would deliver an estimated $12-billion in annual savings to motorists.<p>Drivers …

Oil

Overseas problems won't derail growing U.S. economy, analysts say

NEW YORK — Call it the Great Divide: The new year figures to be one of robust economic growth in the U.S., with slowdowns, stagnation and setbacks everywhere else in the world.<p>The list of global problems is indeed long and worrisome. Europe and Japan teeter on the edge of recession. Russia careens …

Already-strong dollar hits a 9-year high

The dollar is still king at the start of 2015, hitting a nine-year peak as the U.S. economy continues to improve while other nations struggle.<p>An index measuring the greenback against a basket of currencies, including the euro and the Japanese yen, reached 91.16 on Friday — the highest level since …

Fortune.com

• 1. To license Fortune articles, excerpts, or headlines for republication in various media (including books, eBooks, film, web, newsletters, …

Energy

Dollar index soars to nearly 9-year high

NEW YORK (MarketWatch) — The U.S. dollar soared Friday, building on big gains scored in 2014, on expectations the Federal Reserve will raise interest …

Economics

Job outlook for 2015: Work aplenty (like it's 1999)

A strengthening labor market will not let up this year, economists say, with job growth approaching or exceeding the estimated 15-year high reached in 2014.<p>The stronger U.S. economy and increased employer confidence should continue to bolster job gains, and economists expect sluggish wage growth to …

Economy