In an interview with DW, Hashim Thaci warns that Belgrade is following Russia’s example in Ukraine. We had information that there were weapons and paramilitaries on the train, intended to destabilize Kosovo. We know that Belgrade is arming Serbs in the north of Kosovo. Source Deutsche Welle
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As of March, the biggest explorers had hedged 28% of this year’s production, according to Warren Russell and Michael Cohen of Barclays Plc. There are no guarantees for 2018, however, when most of the hedges expire. “Now that it’s trading under $50, not many people are rushing to hedge.” Source: Bloomberg/WorldOil
Government debt and budget deficits are both set to spiral higher in the coming three decades if current patterns hold, according to new projections released by the Congressional Budget Office. Due largely to increases in Medicare and Social Security costs, the federal debt will reach 150 percent of GDP in 2047. Source: CNBC
Russian President Vladimir Putin said Thursday that he was pleasantly surprised at the pace of construction of the liquefied natural gas (LNG) plant in Russia’s Yamal Peninsula, and noted that maintaining such a pace would allow Russia to become the world’s largest LNG producer. Source: Sputnik