IEA Warns U.S. Shale Boom Masks Oil Supply Threat

In 2014, major banks were fined billions for manipulating foreign exchange rates, with UBS facing the largest penalty. The US shale boom is concealing global oil supply challenges, as conflicts in the Middle East and Ukraine pose threats. Meanwhile, the US and China reached a significant climate change agreement, with the US committing to reduce greenhouse gases and China setting a carbon emissions cap for the first time.

What greenhouse gas reduction target did the US agree to by 2025?

What significant milestone did Obama call the climate deal between the US and China?