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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

Mineros
Rare Earth Minerals

Mineros pauses Nechi Alluvial operations due to anti-gov’t protests in Colombia

March 12, 2023 Mariel Alumit

​ Mineros SA (TSX: MSA) has temporarily suspended all operations at its Nechí Alluvial property due to ongoing protests by groups unassociated with the company against the Colombian government, which have caused disruptions throughout the […]

Silicon Valley Bank's fall widens systemic cracks as cheap money vanishes
Finance

Analysis: Silicon Valley Bank’s fall widens systemic cracks as cheap money vanishes

March 12, 2023 Mariel Alumit

Cracks are appearing in the global financial system as the decade-long era of cheap money ends, with some investors worrying the shock collapse of Silicon Valley Bank signals world markets may be on the cusp […]

A gas station in Bird Creek, Alaska. Rising oil prices are boosting the state budget.
Crude Oil News

Biden Officials Back Alaska Oil Project Scorned by Environmentalists

March 12, 2023 Mariel Alumit

​The Biden administration has decided to authorize a mammoth ConocoPhillips oil project in northwest Alaska, rejecting arguments from environmental activists who insist it will exacerbate climate change, according to people familiar with the matter. After […]

Energy Crisis

Renewable energy investors squeezed by higher interest rates, costs

March 12, 2023 Mariel Alumit

NEW YORK/HOUSTON, (Reuters) – Corporations and investors have been pouring money into renewable energy projects, seeing an opportunity to grasp the Holy Grail of socially conscious investing: do good while doing well. But sharply higher […]

COVID
Political

Entire US Congress Votes To Declassify COVID-19 Origins Intel – Can we get this kind of cooperation to end the energy crisis?

March 12, 2023 Mariel Alumit

100% of lawmakers in the House on Friday voted to pass a bill requiring the Biden administration to declassify intelligence related to investigations into the Wuhan Institute of Virology in China and Covid-19. The Covid […]

Aljazeera International

What to expect after Iran, Saudi Arabia agree to restore ties

March 12, 2023 Mariel Alumit

Tehran, Iran – Iran and Saudi Arabia have agreed to re-establish diplomatic relations in a China-brokered deal that could have wide-ranging consequences but building on it, analysts say, will prove the main challenge. The agreement […]

Energy Crisis

Businesses Urge Biden to Use ‘Every Tool’ in Mexico Energy Spat

March 12, 2023 Mariel Alumit

​Business groups representing American oil producers, renewable electricity and manufacturers urged the Biden administration to use “every tool available” to push Mexico to address complaints about its nationalist energy policy that the US says violates […]

Crude Oil News

Russia Uses Ship-To-Ship Transfers To Boost Diesel Exports To Saudi Arabia

March 11, 2023 Mariel Alumit

Authored by Tsvetana Paraskova via OilPrice.com, Russia is accelerating its exports of diesel to Saudi Arabia by both direct shipments and ship-to-ship transfers, Reuters reported on Friday, quoting trade sources and shipping data from Refinitiv. […]

EnergyNews

EU energy chief tells companies not to sign new Russian LNG deals

March 11, 2023 Mariel Alumit

​ European Commissioner for Energy Kadri Simson attends a European Union energy ministers meeting on high energy prices, in Brussels, Belgium November 24, 2022. REUTERS/Johanna Geron BRUSSELS, March 9 (Reuters) – European Union countries and […]

Bankruptcy

Record Bank Run Drained A Quarter, Or $42BN, Of SVB’s Deposits In Hours, Leaving It With Negative $1BN In Cash

March 11, 2023 Mariel Alumit

For much of the day, anyone doing analysis on the now-liquidated Silicon Valley Bank was confined to using stale financial data as of Dec. 31… we certainly were when analyzing the impact of SVB’s contagion […]

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