Economic News Investigations

Luke Osborn

Iran selling oil to France and buying 118 Airbus planes

In hopes to gain more flights and more sales to Europe and surrounding places, the Iranian leader bought billions worth of Airbus Planes. But to also modernize their country and let more of the citizens fly to different places, with these planes they hope that in time, it will pay for itself as they want to compete with other countries around the world economically. Iran also wants to see more tourists setting in their country and are prepared in hopes that the new flights will manage to open more opportunities to tourism and to more friendships with other countries.





http://money.cnn.com/2016/01/28/news/world/iran-france-italy-airbus-deals/index.html?iid=Lead

___________________________________________________

US weekly jobless claims total 262,000 vs 275,000 estimate

Last week, the total number of unemployed for the week dropped by a near 7000, some officials said that it could of been a minor computer glitch that caused the rate to fall so quickly, that or 7000 americans were quickly employed within the past week and were no longer considered as unemployed. Claims are now at a 300000 level and has been for 50 weeks showing that we have a strong labor force. This hasn't been that steady since the 70s






http://www.cnbc.com/2016/02/18/us-weekly-jobless-claims.html

Big image

___________________________________________________

US inventory-to-sales ratio hits highest level since 2009

It is said the businesses may take 1.39 months in order to clear their shelves due to this surplus. After multiple business sales falling, the inventory is now packed and has plenty of items in stock, excluding auto sales. In fact, it hasn't been like this for 6 1/2 years.


Get your shopping done, they should have the products you want!




http://www.cnbc.com/2016/02/12/us-inventory-to-sales-ratio-hits-highest-level-since-2009.html

Big image

___________________________________________________

Oil seesaws as US crude stockpiles rise by 2.1M barrels

The oil companies suddenly obtained a huge surplus of oil causing the prices to drop. Even if you look at the prices now it is very low for oil. A spokesman said to expect the prices even more as the supplies keep getting larger and larger, thanks to an agreement with Iran.


Iran is trying to push through and make countries want to have relationships with them.




http://www.cnbc.com/2016/02/18/oil-prices-climb-as-iran-endorses-oil-output-cap.html

Big image

___________________________________________________

OECD: Urgent action needed to boost flagging global growth

The article said that trade, investment and were all too weak and couldn't reflate the growth.


Some countries such as UK, their interest rates seem to be at an all time low and are struggling to get it back up.


The US also raised its rates on silver to "calm investors nerves" but it seems that great countries are being effected by this.



http://www.bbc.com/news/business-35604331