#AceBreakingNews – Nov.26 – OPEC – Gulf oil producers have reached a consensus not to cut oil output when OPEC meets on Thursday in Vienna, a Gulf OPEC delegate told Reuters.
Separately, Saudi Arabian Oil Minister Ali al-Naimi confirmed the Gulf states had reached a unified decision, but did not specify what the consensus was. Naimi said he believed the oil market “will stabilize itself eventually,” increasing speculation that the Organization of the Petroleum Exporting Countries’ largest producer and exporter, would not support an output cut at its Thursday meeting.
“The GCC reached a consensus,” Naimi told reporters, referring to the Gulf Cooperation Council. “We are very confident that OPEC will have a unified position.”
Reuters – CNBC
#AceBreakingNews – FERGUSON – Nov.24 – A grand jury has reached a decision about whether to indict a Ferguson police officer in the shooting death of Michael Brown, a spokesman for St. Louis County’s top prosecutor said Monday AP reported.
The panel has been considering charges against Darren Wilson, the white suburban St. Louis officer who fatally shot the black 18-year-old after a confrontation in August.
#AceBreakingNews – OHIO – Nov.24 – A Cleveland officer was less than 10 feet away when he fatally shot a 12-year-old boy carrying a pellet gun near a playground, and video of the shooting is clear about what happened, police said Monday AP reported.
The boy was confronted Saturday by officers responding to a 911 call about a male who appeared to be pulling a gun in and out of his pants.
#AceBreakingNews – WASHINGTON – Nov.24 – US President Barack Obama has accepted the resignation of Defense Secretary Chuck Hagel, senior administration officials have said, a number of US news outlets reported.
The outgoing Defense chief stepped down under pressure following the Democrats massive mid-term losses and the national security team’s failure to keep ahead of a series of global crises, the New York Times reports, citing senior administration officials.
A senior defense official told the Associated Press that Hagel submitted his resignation letter to Obama on Monday morning and the president accepted it. The former senator from Nebraska agreed to remain in office until the Senate has confirmed his replacement.
The official added that both Hagel and Obama had“determined that it was time for new leadership in the Pentagon” following weeks of discussion.
— IN THE NOW (@INTHENOWRT) November 24, 2014