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    The Weekly Briefing: Iran, Consumer Confidence, and Baby Boomers

    In response to new sanctions and threats of an oil boycott over the country’s nuclear program, Iran is making ominous noises about closing the Strait of Hormuz. As the entrance to the Persian Gulf, it’s the gateway through which about a fifth of the world’s oil flows. According to the New York Times, VP Mohammad-Reza Rahimi recently promised, “If they impose sanctions on Iran’s oil exports, then even one drop of oil cannot flow from the Strait of Hormuz.” It’s certainly an alarming prospect, but the Washington Post downplays the risk. Such a move would cut off Iran’s shipments to China, as well, and the economic risk is simply too great.

    The Congressional hearings over SOPA have been definitely delayed until next year. In the meantime, controversy continues to rage over the bill.

    Wednesday, December 28, 2011

    The Weekly Briefing: All About SOPA

    Here at the NASDAQ Tumblr, we’re debuting a new feature for our busy readers: The Weekly Briefing, where we’ll highlight key stories that we think are worth following. Today, we’re focusing on the SOPA debate, with a side of payroll taxes and a light garnish of economic forecasting.

    Monday, December 19, 2011