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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

Trump
Zero Edge

Trump’s Truth Social Trims Staff As SPAC Deal Plagued With ‘Endless SEC Investigations’

March 15, 2023 Mariel Alumit

The merger between Trump Media & Technology Group and Digital World Acquisition Corp., which seeks to make Trump’s social media platform “Truth Social” public through a blank check company, is facing delays in obtaining regulatory […]

Biden
Crypto

Biden’s 30% Crypto Electricity Tax May Be Too Blunt A Solution

March 15, 2023 Mariel Alumit

In his latest budget for Fiscal Year 2024, President Biden has proposed a new tax on electricity use from cryptocurrency mining. If the budget becomes law, a 30% tax will be phased in over three years. The […]

IEA
Crude Oil News

IEA: Global Oil Demand Will Outstrip Supply In Late 2023

March 15, 2023 Mariel Alumit

The IEA expects oil markets to swing from a surplus in the first half of 2023 to a deficit in the latter part of 2023. China’s recovery is expected to drive global oil demand to […]

UK
Climate Crisis

UK ‘to class nuclear as environmentally sustainable’

March 15, 2023 Mariel Alumit

The UK’s Chancellor Jeremy Hunt has announced that nuclear will “subject to consultation, be classed as environmentally sustainable in our green taxonomy” – he also launched a competition, to be completed by the end of […]

Sri Lanka
Aljazeera International

Sri Lanka unions stage strike to protest against IMF bailout plan

March 15, 2023 Mariel Alumit

Thousands of workers at hospitals, schools and railways across Sri Lanka have gone on strike to protest against high costs of living, including increased taxes imposed as a precondition for an International Monetary Fund (IMF) […]

Deposits
Investments

Report: 10 Banks Are Most Exposed To Uninsured Deposits

March 15, 2023 Mariel Alumit

High levels of uninsured deposits helped do in Silicon Valley Bank and Signature Bank. But it turns out they’re not alone. Ten banks owned by U.S.-listed financial companies — including Bank of New York Mellon […]

Dow Jones
Investments

Dow Jones Futures Fall 500 Points As Credit Suisse Triggers European Bank Sell-Off

March 15, 2023 Mariel Alumit

Dow Jones futures sold off early Wednesday, along with S&P 500 futures and Nasdaq futures, with Credit Suisse (CS) tumbling as its top shareholder ruled out investing more in the ailing Swiss bank. The stock […]

Zero Edge

Retail Sales & Producer Prices Drop In Feb

March 15, 2023 Mariel Alumit

With CPI having slapped some macro-sense back into people’s minds after a week focused on SVB’s fallout, this morning’s PPI and Retail Sales data could further that trend – despite Credit Suisse grabbing everyone’s attention […]

Grocery
Investments

Grocery Store Chain Kroger Joins Autonomous-Truck Convoy

March 15, 2023 Mariel Alumit

Grocery store giant Kroger (KR) has signed up to use autonomous trucks from privately held Gatik to move products from its distribution center in Dallas to multiple retail locations in the region. Kroger joins Walmart […]

Researchers
Rare Earth Minerals

Researchers find efficient way to turn vegetable oil industry waste into power

March 15, 2023 Mariel Alumit

​Iran-based researchers have developed a novel and cost-effective anode catalyst that can improve and stabilize the power generation performance of microbial fuel cells (MFCs) treating vegetable oil industry wastewater. In a paper published in the […]

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