Tuesday, September 29, 2015

GLENCORE

Yesterday's post linked to an article by ZeroHedge about Glencore. Michael Snyder has picked up the news and explained it a little more.

Is Glencore The Next Lehman? The World’s Largest Commodities Trading Company Is Toast

Snyder also comments on the possibility of a Palestinian state being created the same way at the UN that Israel was created in 1947. He points out that the fate of France's resolution rests in Obama's hands.

A UN Resolution Setting The Parameters For A Palestinian State Is Still In Play