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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

Electric Vehicles

Manchin Steps Up Clash With Biden Over Electric-Car Tax Credits

April 2, 2023 Mariel Alumit

Senator Joe Manchin stepped up his fight with the Biden administration over its implementation of the president’s signature climate bill in a way Manchin says over-emphasizes clean energy technology, turns away from fossil-fuel production and […]

Russia
Crude Oil News

Russia Extends Pledged Oil Output Cuts Through 2023, Novak Says

April 2, 2023 Mariel Alumit

​Russia has decided to keep its oil production at a reduced level through 2023 amid high volatility in the global market, said Deputy Prime Minister Alexander Novak.Russia had previously pledged to cut its crude-only output […]

Crude Oil News

OPEC+ Makes Surprise 1 Million-Barrel Oil Production Cut

April 2, 2023 Mariel Alumit

We asked this question last month: Who cuts first: OPEC+ or Fed? … and more than two weeks later, we finally have an answer: In the latest in a long series of slaps on Biden’s […]

Electricity
Coal

Renewables Surpass Coal In US Electricity Generation

April 2, 2023 Mariel Alumit

For the first time, more electricity was generated from renewable sources in the U.S. over the course of one year than from coal. As Statista’s Katharina Buchholz details below, in 2022, renewable energy sources created […]

Deflation
Bankruptcy

Debt Deflation: “The Adjustment To Reality Is Likely More Violent Than Anything Seen In The ’70s”

April 2, 2023 Mariel Alumit

Authored by Alasdair Macleod via GoldMoney.com, Deflating the credit bubble The theme of this article is debt deflation. How likely is it that the downturn in broad money supply will continue, and if so, why? […]

Exports

Demand For Fuel Tankers Jumps Amid Global Trade Reshuffle

April 2, 2023 Mariel Alumit

By Tsvetana Paraskova of Oilprice.com, With global trade being upended by sanctions on Russia while Asia and the Middle East add refining capacity at the expense of the U.S. and Europe, orders for fuel tankers […]

Crypto

The US Government Sold Almost 10,000 ‘Silk Road’ Bitcoin Last Week

April 1, 2023 Mariel Alumit

The United States government has been selling bitcoin confiscated from the Silk Road case in 2013. As Turner Wright reports at CoinTelegraph.com, a March 31 filing with U.S. District Court for the Southern District of […]

Aljazeera International

Ukraine decries ‘symbolic blow’ as Russia assumes UN presidency

April 1, 2023 Mariel Alumit

Ukraine has branded Russia’s presidency of the UN Security Council for the month of April “a symbolic blow,” joining a chorus of outrage from Western countries. Moscow assumes the presidency as part of its monthly […]

BRICS
Crude Oil News

Popular Expectations About BRICS’ New Currency Project Should Be Tempered

April 1, 2023 Mariel Alumit

There’s no doubt that BRICS’ planned creation of a new reserve currency will accelerate de-dollarization processes and advance financial multipolarity, but that’s very different from the dollar’s death that many folks prematurely predicted. Duma Deputy […]

Climate Crisis

Eastern Europe must not lag behind on the green transition

April 1, 2023 Mariel Alumit

Last year, a severe drought hit much of Europe, with some scientists claiming it was the worst in 500 years. In France, a state of emergency was declared in five northern provinces; in Spain, water […]

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