Commodities are the lifeline to the global economy. We eat energy. Periods of strong demand often reveal strains in supply chains that lead to rapid price appreciation. Capital investment follows, with return expectations extrapolated from […]
A virtually unregulated investment firm today exercises more political and financial influence than the Federal Reserve and most governments on this planet. The firm, BlackRock Inc., the world’s largest asset manager, invests a staggering $9 […]
On Thursday 22 December 2022, Luxembourg’s Ministry of Energy and Spatial Planning announced that, given the current energy crisis and price increases, the tripartite agreement of 28 September 2022 provides for measures aimed at countering […]
With the start of the new year, New Yorkers are set to have their worlds turned upside down — and all for a fanciful green-dream plan that comes with sky-high costs and mountains of other […]
Croatia has switched to the euro and entered Europe’s passport-free zone – two important milestones for the country after joining the European Union (EU) nearly a decade ago. At midnight on Sunday, the Balkan nation […]
Authored by Charles Hugh Smith via OfTwoMinds blog, This dynamic – making problems much worse by forcing more of whatever worked in the previous era into a saturated, increasing unstable new era – receives little […]
NewsAviation Tens of thousands of travellers have been stranded at airports in the Philippines after a power outage caused a malfunction of air traffic control at the country’s busiest hub in Manila. The communication and […]
After the Biden administration’s chaotic withdrawal from transfer of power to the Taliban in Afghanistan, abandoned US military equipment which contain biometric data have been popping up on Ebay. A Secure Electronic Enrollment Kit, or […]
Authored by Jeffrey Tucker via DailyReckoning.com, In the midst of all this incredible political and economic chaos, I was tasked with packing up my mother’s things to prepare for her move to assisted living. It’s […]
Many Oregonians can expect higher electricity bills starting on New Year’s Day. Oregon’s utility regulator on Thursday announced approved rate increases for Portland General Electric and Pacific Power customers, citing increased costs to produce and […]
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