All eyes are on the Fed ahead of its June policy meeting. Worries about a possible stock market collapse are circulating prior to the Federal Reserve’s forthcoming Federal Open Market Committee (FOMC) meeting, which is slated for June 11th to June 12th. Economists and analysts have been eagerly awaiting the second policy meeting of the…
China is the world’s biggest coal consumer. Neighboring Kazakhstan sits on some of the world’s biggest coal reserves. Yet they have never done much business trading the stuff, largely because it is expensive to move by rail. That may be about to change. Rolling blackouts caused by a coal shortage are threatening China’s economy. Gummed-up…