Authored by Charles Hugh Smith via OfTwoMinds blog, It’s not just the price of oil that matters: how much disposable income consumers have left to buy more goods and services matters, too. The Oil […]
NewsProtests The United Kingdom has summoned the Chinese ambassador in London for a rebuke after the arrest and alleged assault of a BBC journalist covering protests against Beijing’s zero-COVID-19 policy. Zheng Zeguang was called in […]
Twitter will no longer enforce its Covid-19 misinformation policy, under which users who deviated from prevailing establishment narratives frequently had their accounts locked or suspended. The longstanding policy did not apply to misinformation from government […]
Elon Musk opened fire on Apple (AAPL) on Twitter, in the first salvo of what may become a much more prolonged war. On Monday, Musk took to Twitter to accuse the iPhone maker of being […]
President Joe Biden is calling on Congress to step up and intervene to avert a pending rail strike which could cripple the US economy as rail transport services for goods ground to a halt. Experts […]
Russian state energy giant Gazprom has announced it will be shuttering both Nord Stream pipelines and their associated compressor stations, according to a new report in the Kommersant newspaper Monday which cites company sources. Both […]
In its relentless pursuit of virtue-signaling hills that it is willing to die on within minutes, several months ago the EU had a brilliant idea: let’s implement a toothless oil price cap on Russian oil […]
Good thing the UK recently “war gamed” emergency plans to deal with energy shortfalls because a collapse in wind power has skyrocketed electricity prices, and network operator National Grid Plc might ask homes and businesses […]
UK’s Prime Minister Rishi Sunak came into office last month with the expectation he would initiate a phase of new, stable conditions for his party and the entire country. He must prepare a post-Brexit Britain, […]
NewsEnergy Electricity shortages that have been plaguing Zimbabwe are set to worsen after an authority that manages the country’s biggest dam said water levels are now too low to continue power-generation activities. The Zambezi River […]
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