Alexandra Olson, Associated Press Updated 12:41 am PST, Saturday, February 9, 2019 FILE - In this Feb. 24, 2012 file photo, gas prices are posted at the Citgo gas station in Philadelphia. U.S. refiners like Citgo are among the few customers paying cash for Venezuelan crude. Oil shipments to Venezuela’s other big customers, China and Russia, are usually taken as repayment for billions of dollars in debt. So the cash from Citgo has become a lifeline over the past two years as Venezuela’s oil output has plummeted amid chronic underinvestment in PDVSA and oil prices have dropped from historic highs. less FILE - In this Feb. 24, 2012 file photo, gas prices are posted at the Citgo gas station in Philadelphia. U.S. refiners like Citgo are among the few customers paying cash for Venezuelan crude. Oil shipments to ... more Photo: Alex Brandon, AP … [Read more...] about US refiner Citgo emerges as key to Venezuela’s power battle
What does cash out refinance mean
Home Daily News When it comes to rape, just because a case… Criminal Procedure By Bernice Yeung of ProPublica, Mark Greenblatt and Mark Fahey of Newsy, and Emily Harris of Reveal Posted November 19, 2018, 6:15 am CST Photos from Shutterstock.com. This story was produced through a collaboration between ProPublica, Reveal from The Center for Investigative Reporting and Newsy. Andy Leisher didn’t like what he was seeing on the security cameras from his post at the front desk of the Ramada Inn in Janesville, Wisconsin. On the closed-circuit television in front of him, Leisher watched as a man in his 30s kissed what appeared to be a teenager in the motel hot tub. It put him on alert. “It just felt awkward,” Leisher said of the scene. “She just seemed really young, and he seemed really old. Or too old to be with her.” When Leisher, a part-time pastor, confirmed that the girl was 16, he called the police. A few hours later, police arrested 31-year-old … [Read more...] about When it comes to rape, just because a case is cleared, it doesn’t mean it’s solved
In a typical harvesting season, the farmers cooperative near Lance Peterson’s west central Minnesota farm runs 13 trains full of soybeans to the West Coast for delivery to Asian markets. Each train contains 440,000 bushels of beans. So far this year the co-op has run none. Retaliatory tariffs that China placed on U.S. soybeans after President Donald Trump slapped protective tariffs on billions of dollars worth of Chinese imports have cost U.S. soybean farmers their most reliable export market, driven down their incomes and could cost some their livelihood if the trade war between the world’s two largest economies continues, economists and bankers say. Minnesota farmers exported $2.1 billion in soybeans in 2016, making them the state’s top export crop. But now many farmers cannot afford to sell because tariffs have driven the purchase price for soybeans so far below the break-even point of $9 a bushel. “The current price is $7.20,” said Peterson. … [Read more...] about Farmers brace for what’s next as soybean sales to China tank
Nawaplastic still hungry for Binh Minh Plastic shares Owning a dominant stake in Binh Minh Plastic (BMP) did not quench Nawaplastic Industry Co., Ltd. (Nawaplastic)’s thirst for BMP shares. Most recently, Nawaplastic registered to buy an additional 1.17 million BMP shares to increase its holding to 44.525 million shares, equalling 54.39 per cent of the charter capital. The transaction is expected to occur between June18 and July16. The registered share volume is the remaining part of the 2.86 million shares that Nawaplastic failed to buy during previous transactions. Notably, Nawaplastic registered to buy 2.86 million BMP shares during transactions on May 14-June 12, however, the Thai investor ended up buying 1.69 million of the registered shares as BMP did not match Nawaplastic’s target price. BMP manufactures and trades civil and industrial products made of plastic and rubber. The company also designs, manufactures, and trades in plastic moulds for the casting industry; … [Read more...] about BUSINESS IN BRIEF 19/6
Texas transplants Ashlea and Nick Garrison attended a Twin Cities homebuying class on a Saturday in early May. The couple met with a personal counselor the following Tuesday, got pre-approved for a loan that Friday, visited eight homes that Saturday and put in a competitive offer $5,000 above the $165,000 asking price the same evening. The couple, both in their early 30s, learned their offer had been accepted Sunday morning. They closed on their first house — a move-in ready three-bedroom frame-house in St. Paul’s Dayton’s Bluff neighborhood — a couple of weeks later. “I’ve been covered in paint for about a week now,” Ashlea said last week. Realtors and lenders say those lightning speeds aren’t unusual in a competitive homebuying market. They encourage many of their youngest buyers to follow the same steps as the Garrisons, including seeking loan pre-approval and completing first-time homebuyer classes. And another thing — get ready … [Read more...] about Millennials are jumping in the housing market. Here’s a few things they should know.