TOTAL US BUSINESS FIXED INVESTMENT IN LAST 8 YEARS AVERAGED 1.1% GROWTH

Since the '60's, fixed investment growth averaged 4.4%/yr. In latest 2 quarters, fixed investment has dropped another 4% in rate of growth; non-residential building has dropped near 8%. Tax policy a main problem.

Icahn: the GOP's pathological misunderstanding of economics is killing the USA.

China expected to build 15-20Gw of solar per year from '16 through '20.

China banks financing $27B Russian Arctic LNG terminal. Target completion next year.

Reports of 7M bls N Sea oil sitting in tankers. 10M bls unsold sitting off Nigeria.

Tanker that left E Libya for Malta to return to Libya under UN sanctions.

Natgas pipeline explosion cut off flow to east US.

India court extended ban on diesel cars in New Delhi.

ISIS ambushed Brit special forces in Libya. They also exploded a 2nd bomb in Baghdad.

China manufacturing in April up at slower pace.