Invest 93L In The Northwestern Gulf Of Mexico Is Not Expected To Develop, It Will, However, Contribute To A Heavy Rain & Severe Weather Threat Across The Eastern United States On Tuesday; Invest 92L Is Also Not Expected To Develop
Written by Rob Lightbown of Crown Weather on September 17th, 2012 An area of low pressure, which is designated Invest 93L, was located over the northwestern Gulf of Mexico this morning. This low pressure system is not expected to develop due…
US tax ruling threatens commodity mutual funds to Cayman Islands
By John Kemp Commodity prices could come under severe pressure if the U.S. Internal Revenue Service (IRS) decides to revoke previous rulings that have allowed mutual funds to pour over $50 billion into commodity derivatives through subsidiaries in the Cayman…
