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- Why Forecasts Don't Work in Finance
- "Finance is an area that's dominated by rare events. The tools we have in quantitative finance do not work in what I call the 'Black Swan' domain," said author and former options trader Nassim Nicholas Taleb earlier this year. Events in the financial...
- Blog posts 2008-09-16
Additional Resources
- Oil rig with China.(VENEZUELA)
- Venezuela is poised to begin building the first joint Venezuelan-Chinese oil drilling platform in June, according to Energy Minister Rafael Ramirez, reports AFP (May 20, 2009): "The oil drilling platform is at a very advanced stage in the western Orinoco Belt," Ramirez told...
- Articles 2009-07-01
- No steroid stain on golf -- yet
- By now, news of still another baseball superstar using illegal drugs isn't shocking or even the least bit surprising. Last week it was Manny Ramirez. Last month it was Alex Rodriguez. Last year it was Roger Clemens. Before that we had Rafael Palmeiro and Jason Giambi along...
- Articles 2009-05-11
- Tulsa-based Helmerich and Payne faces hard line in Venezuela
- Helmerich and Payne may face a write-down of $50 million or more because of the Venezuelan government's hard line over contractor payments. Because of the tremendous drop in oil futures prices over the last eight months, from more than $140 a barrel to under $40, Venezuela has...
- Articles 2009-03-10
- OPEC struggles to find oil balance
- CAIRO, Egypt -- OPEC oil ministers on Friday downplayed expectations of, but didn't dismiss outright, an immediate output cut as they faced a third test in as many months of their ability to engineer a rebound in oil prices. The outcome of the hastily convened Cairo meeting...
- Articles 2008-11-29
- This time, Dodgers handle postseason agony with grace
- LOS ANGELES -- Last season, the Los Angeles Dodgers splintered along generational lines. This year, the club bonded into a tight unit behind Manny Ramirez's unifying presence. So after the Dodgers were bounced out of the playoffs by the Philadelphia Phillies, who claimed the National League pennant with...
- Articles 2008-10-16
- Phillies roll into World Series
- LOS ANGELES -- Jimmy Rollins got the Phillies rollin' with a leadoff homer and they kept right on going. Next stop, the World Series. Rollins homered in the first inning, Cole Hamels pitched his third gem of the playoffs and Philadelphia beat the bumbling Los Angeles Dodgers...
- Articles 2008-10-16
- Dodgers rout Phillies to narrow gap in series
- LOS ANGELES AFP — The Los Angeles Dodgers kick-started their major league baseball playoff campaign with a 7-2 triumph over Philadelphia to narrow the gap in National League Championship Series. Japanese righthander Hiroki Kuroda pitched six-plus solid innings and Rafael Furcal homered and scored two runs for the...
- Articles 2008-10-12
- Al Caffodio soccer
- Ethan Spain scored for the under-10 boys Mustang Sharks in a 1-0 win over the San Ramon Invaders. In other action, Ryan Murray scored two goals for the Dublin Super Eagles in a 5-2 win over CSA North. Luis Dominguez and Nate Fernandez also scored goals. ...
- Articles 2008-10-10
- Phillies, Dodgers take control in National League series
- PHILADELPHIA, Pennsylvania AFP — The Philadelphia Phillies and Los Angeles Dodgers took control of their National League first-round playoff series, both moving within one game of advancing. Shane Victorino hit a grand slam and Brett Myers pitched seven solid innings for the Phillies, who beat the Milwaukee Brewers...
- Articles 2008-10-02
- China, Venezuela step up energy cooperation
- BEIJING AFP — China and Venezuela signed several energy agreements in Beijing on Wednesday that will allow the South American country to export half a million barrels of oil a day to the Asian giant from 2009. The agreements are part of a three-day visit by Venezuelan President...
- Articles 2008-09-24
- Venezuela seizes Cemex facilities
- Monterrey, Mexico-based Cemex, a producer of cement building products, has threatened arbitration in an ongoing fight against Venezuela's plan to nationalize its cement production operations. In a statement, Cemex said it will submit a complaint seeking international arbitration with the International Center for Settlement of Investment Disputes, following...
- Articles 2008-09-08
- Mediterranean muscle
- Playa de Aro in Catalonia, Spain, on the coast of the Mediterranean Sea, played host May 16-19 to two major EBFF events: the 2008 European Men's Bodybuilding Championships and the EBFF annual congress, run by the EBFF and IFBB President Dr. Rafael Santonja. These championships, which included contests for classic...
- Articles 2008-09-01
- Venezuelan first-half oil exports bring in 48.5 bln dollars
- CARACAS AFP — Venezuela's oil exports totalled 48.47 billion dollars in the first half of this year, a figure 78 percent higher than for the same period in 2007, central bank figures released Wednesday showed. The high number for the country's main source of income reflected record prices...
- Articles 2008-08-20
- Venezuela, Vietnam set up joint oil refining venture
- CARACAS AFP — Venezuela and Vietnam have agreed to create two joint oil refining companies, Energy and Oil Minister Rafael Ramirez said Wednesday. "PDVSA Petroleos de Venezuela and Petrovietnam will work together to build the two joint companies -- one to transport oil to Vietnam and the other...
- Articles 2008-08-20
- Oil prices shoot higher on Venezuela call for output cut
- LONDON AFP — Oil prices rose sharply on Tuesday after OPEC member Venezuela, concerned about recent lower prices, said it would ask the cartel to agree to a cut in output when it next meets in September. New York's main contract, light sweet crude for September delivery, jumped...
- Articles 2008-08-19
- Venezuela takes over cement industry
- CARACAS AFP — The Venezuelan government has locked up control of more than 90 percent of the domestic cement industry with its nationalization of one foreign-owned plant and pressured buyout of two others. In the most recent of a series of state takeovers of key foreign-controlled businesses, at...
- Articles 2008-08-19
- Venezuela backs production cut if oil prices keep falling: minister
- CARACAS AFP — Venezuela will propose production cuts at the next OPEC meeting in September if oil prices continue to fall, Energy and Petroleum Minister Rafael Ramirez said Tuesday. "If there is a trend or dynamic toward lower oil prices, Venezuela will consider the possibility of a cut...
- Articles 2008-08-19
- Oil prices rise after Venezuela moots output cut
- SINGAPORE AFP — World oil prices rose in Asian trade Wednesday on fresh supply concerns after key producer Venezuela indicated it could ask OPEC to cut output, dealers said. New York's main contract, light sweet crude for September delivery, rose 56 cents to 115.09 dollars a barrel. The...
- Articles 2008-08-19
- Giants ace Lincecum shakes off injury to leg, says he'll make next
- HOUSTON -- The Giants are on the cusp of signing first-round pick Buster Posey to a contract worth roughly $7.5 million, industry sources told MediaNews. The signing bonus, while spread over multiple years, would obliterate the club record for an amateur player. Dominican teenage outfielder Rafael Ramirez...
- Articles 2008-08-13
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