Economia

Economia Harvey shuts down major fuel pipeline supplying Alabama, East Coast
Author: 0 Harvey shuts down major fuel pipeline supplying Alabama, East Coast

It is estimated more than 37,000 homes have been damaged as a result of the heavy winds and rain. "Consumers will see the impacts of these disruptions and higher cost alternatives in higher prices paid at the pump". In South Carolina, gas is up 23 cents. Maryland gas average at $2.43 today, up seven cents from yesterday and up 14 cents in the last week. Lives are turned upside down.

Economia Cabinet rejig: Thrust on merit but eye on political goals too
Author: 0 Cabinet rejig: Thrust on merit but eye on political goals too

On the other hand, the current Railway Minister Suresh Prabhu who had offered to resign in the wake of a series of accidents, could be shifted to other ministry. Ministers Sanjeev Balyan and Mahendra Pandey, who had to resign on Thursday, could be termed as "recalls" due to their not so noteworthy performance.

Economia By the numbers: Hurricane Harvey wreaks historic devastation
Author: 0 By the numbers: Hurricane Harvey wreaks historic devastation

US gasoline futures on Tuesday rose 0.9 percent to $1.73 a gallon, and have jumped about 6 percent since last Wednesday's prestorm close. U.S. crude production continues to stall following the storm. Exxon has shut its 362,300-bpd Beaumont refinery in east Texas because of high water in the plant, said sources familiar with the plant. Parts of Beaumont and Port Arthur also flooded as Harvey lost strength and moved into Louisiana.

Economia India eye series sweep against Sri Lanka
Author: 0 India eye series sweep against Sri Lanka

Hitting rock-bottom is one thing, but it appears Sri Lanka have been condemned to a bottomless pit, losing all the three Tests and now facing the prospect of an ODI whitewash as well. Ever since making his way back into the Indian team , Dhawan has been in tremendous nick, finishing as the leading run-scorer in the Champions Trophy, that included a 125 against the Lankans at the Oval.

Economia Largest US Refiner Shuts as New Harvey Landfall Extends Damage
Author: 0 Largest US Refiner Shuts as New Harvey Landfall Extends Damage

Before the storm, US inventories were running at maximum capacity to meet record gasoline demand of 9.846 million barrels a day "narrowly above the previous all-time high set just four weeks ago", said Paul Horsnell, the head of commodity research at Standard Chartered.

Economia Gasoline rises to $2 a gallon as Hurricane Harvey causes supply concerns
Author: 0 Gasoline rises to $2 a gallon as Hurricane Harvey causes supply concerns

Retail prices for gasoline surged to $2.46 a gallon Thursday, up 11 cents a gallon from last week, GasBuddy said. Robert W. "Bob" Claytor, CEO of local gasoline distributor H.N. Harvey could be the worst storm in United States history in terms of financial cost. Meanwhile, diesel prices are holding steady for now, EIA said, though they are much higher in comparison to the same period past year.

Economia Harvey increases gas prices ahead of Labor Day weekend
Author: 0 Harvey increases gas prices ahead of Labor Day weekend

The prices were mostly similar in Buford, although there was one Marathon at 1875 Peachtree Industrial Boulevard that was selling fuel for $2.39 per gallon. Gasbuddy .com listed the average Wisconsin price at $2.48 Friday. In Texas, 13 oil refineries have been shut down or are shutting down now, while even more are operating at reduced rates.

Economia Oil Rises Slightly as Hurricane Harvey Hits Demand
Author: 0 Oil Rises Slightly as Hurricane Harvey Hits Demand

They got a refill at about 10 a.m. and were drained again by 2 p.m. "People are insane right now", Flatt said. Tropical storm Harvey shut down a third Gulf Coast refining center Wednesday and is knocking on the door of a fourth, cutting even more deeply into the USA refining capacity .

Economia Record-breaking NASA astronaut return back to Earth
Author: 0 Record-breaking NASA astronaut return back to Earth

Whitson has completed a 288-day mission that kicked off in November 2016, spanning 122.2 million miles and 4,623 orbits of Earth - her third long-duration stay on the outpost. After the astronauts return to Houston, they will spend the next 45 days doing physical rehabilitation and undergoing a series of medical tests both for health reasons and scientific research.

Economia How Hurricane Harvey Will Effect Energy ETFs
Author: 0 How Hurricane Harvey Will Effect Energy ETFs

But this week, help was on the way. "It is important to remember not to panic and overbuy gas - as there is no evidence that there will be a shortage in our states", AAA Carolinas President Dave Parsons said in a statement . On the first day of September, the average had risen to $2.42. While the USA has a huge oil stockpile, there are virtually no gasoline reserves to immediately make up for the deficit.

Economia Flood insurance rates could spike as federal program drowns in debt
Author: 0 Flood insurance rates could spike as federal program drowns in debt

Ellis and others say the best hope now is that lawmakers will pass a three- or six-month extension of the National Flood Insurance Program , effectively kicking the debate down the road. FEMA paid out $3.5 billion per year over the past 12 years, which included Katrina. The country's Consumer and Markets Authority rejected the proposal back in 2013, however, arguing that consumers must have a choice of whether or not they insure against flooding.

Economia Hurricane Harvey Tests Limits of Federal Flood Insurance Program
Author: 0 Hurricane Harvey Tests Limits of Federal Flood Insurance Program

A national poll by the Insurance Information Institute in 2016 showed only 12 percent of people in flood-prone coastal areas had flood insurance , down from 14 percent in 2015. "Congress must find a bipartisan solution that ensures the long term financial stability of the program, but it can not be done through onerous premium increases that would make housing unaffordable in our community", Ros-Lehtinen said in a statement.

Economia Blank Rome issues guidance on Hurricane Harvey insurance recovery
Author: 0 Blank Rome issues guidance on Hurricane Harvey insurance recovery

The reform legislation championed by Rubio, Warren and Sen. Louisiana Insurance Commissioner Jim Donelon requested the latest extension last week, saying there are still thousands of flood victims dealing with their contractors and the challenges of making repairs in a very tight construction market.

Economia Flood insurance: Harvey tests a broken system
Author: 0 Flood insurance: Harvey tests a broken system

Amanda Spartz almost did not renew her home's flood insurance policy after her first year in Florida. "Unfortunately, we don't have an LBJ". Fitch predicted that personal-lines insurers would probably see less substantial insured losses from homeowners' coverage than in past hurricanes because homeowners' policies don't usually cover flood damage.

Economia Fewer carrying flood insurance despite risk
Author: 0 Fewer carrying flood insurance despite risk

That's despite the fact that scientists have been warning for years that unchecked development and climate change could cause severe flooding in Houston . Those in harm's way clearly need all the help they can get from the government. "What's going on is so unprecedented and so awful and frightful that Congress is probably going to be very generous in how they do disaster relief", Hunter says.

Economia Hurricane Harvey: How subsidised insurance leads to unsafe homes
Author: 0 Hurricane Harvey: How subsidised insurance leads to unsafe homes

Estimates are that 80% to 85% of Houston homeowners do not have flood insurance , either private or public. Critics say it's wrong that the program is being subsidized, and that anyone who chooses to live along the coast or in other flood prone areas should have to bear the full cost of that choice.

Economia With or without flood insurance, Hurricane Harvey victims face uncertain future
Author: 0 With or without flood insurance, Hurricane Harvey victims face uncertain future

Understand what NFIP covers: Flood insurance under NFIP is created to help homeowners deal with the financial consequences of flooding but it can differ from typical homeowner's insurance policies. Rates for Floridians are already high because so much of the state is considered high risk for flood, McChristian said. Washers, dryers and freezers (including the food inside) are also covered.

Economia Majority of Harvey victims do not have flood insurance
Author: 0 Majority of Harvey victims do not have flood insurance

She figured she could put the $450 annual premium, due next week, to another use. The NFIP is already deeply in debt and likely will have to be bailed out again by USA taxpayers, as it was after Katrina, to cover the bill for flood damage claims from Harvey .

Economia How Harvey may reshape federal flood insurance policy
Author: 0 How Harvey may reshape federal flood insurance policy

Elegant in theory, the plan gradually succumbed to real estate interests, with the result that flood insurance enabled rather than managed development along coasts and in other flood-prone areas - ultimately putting more people and property at risk than might otherwise have been the case.

Economia Contradicting Trump, DOJ Admits There Is No Evidence Of Trump Tower Wiretaps
Author: 0 Contradicting Trump, DOJ Admits There Is No Evidence Of Trump Tower Wiretaps

Then-White House press secretary Sean Spicer told reporters in March that Trump had used the words "wire tapping" to refer to surveillance broadly - an argument Trump used in an interview with Fox's Tucker Carlson at the time. The White House tried to say Trump wasn't explicitly referring to a wiretap, but James Comey , the former Federal Bureau of Investigation director fired by Trump in May, also asked the Justice Department in March to refute the claim .

Economia No evidence Obama wiretapped Trump Tower: US Justice Dept
Author: 0 No evidence Obama wiretapped Trump Tower: US Justice Dept

The explosive accusation created waves throughout Washington, especially since Trump offered up no evidence to back it up. "Don't forget, when I say "wiretapping, ' those words were in quotes", Trump said in an interview with Fox News" Tucker Carlson .

Economia Florida senators bash Trump's pick for NASA administrator
Author: 0 Florida senators bash Trump's pick for NASA administrator

The White House announced Saturday that President Donald Trump plans on nominating Rep. Jim Bridenstine , a Republican from Oklahoma, as NASA's next administrator. He argued that from the moment we discovered water ice on the moon, "the American objective should have been a permanent outpost of rovers and machines, with occasional manned missions for science and maintenance, in order to utilize the materials and energy of the Moon to drive down the costs and increase the capabilities of ...

Economia Browns Give Steelers Pick For Justin Gilbert Back For WR Sammie Coates
Author: 0 Browns Give Steelers Pick For Justin Gilbert Back For WR Sammie Coates

Overall it's a fair trade that works out for both teams in the AFC North. Cleveland picks up a young receiver and a late round draft pick while giving up little capital. Pittsburgh still has the best receiver in football, Antonio Brown, plus Darrius Heyward-Bey, Eli Rogers, DeMarcus Ayers, Cobi Hamilton, and 2017 draft pick JuJu Smith-Schuster at the position, so Ben Roethlisberger will not be hurting for pass-catching options even without Coates.

Economia Dell Foundation announces $36 million gift to seed new recovery fund
Author: 0 Dell Foundation announces $36 million gift to seed new recovery fund

The goal for the Fund is raising $100 million to use for immediate storm relief efforts and for long term recovery as well as rebuilding. The Rebuild Texas Fund will work with organizations across the state to stabilize families with a focus on four areas: health and housing; schools and childcare; workforce and transportation; and capital for rebuilding small businesses.