Authored by Mike Shedlock via MishTalk.com, Consumer spending hit a brick wall in the US, EU, UK and Australia. Guess what that means… Is the global consumer starting to capitulate? Not Just EU What About […]
The Russia-Ukraine war highlighted how geopolitical risk can up-end supply chains and weaponize trade. More precisely, the war led to trade sanctions, a food crisis, and energy shortages. In this graphic from The Hinrich Foundation, […]
Tehran, Iran – “The financial channel between Iran and the world is being restored,” the new governor of Iran’s central bank, Mohammadreza Farzin, said last week when he announced that Iran and Russia have taken […]
Devastating earthquakes have killed thousands of people in southern Turkey and northern Syria, and dozens of countries have deployed search and rescue teams while humanitarian groups race to respond to the complex situation. For those […]
Vermont’s only natural gas company is exploring possible sites for its first fossil-fuel-free, networked geothermal project, a heating and cooling technology that could be a natural fit for a company already skilled at designing and […]
Minnesota’s largest electricity cooperative wants the option to burn diesel fuel oil at a central Minnesota peaker plant as a hedge against volatile natural gas prices. Great River Energy is seeking approval from Minnesota regulators […]
A recent study published in the journal Nature Climate Change found that countries phasing coal out of the electricity sector need to broaden their policy strategy, or else they risk pushing the excess coal supply […]
Copper price rose on Wednesday as investors saw comments by Federal Reserve Chair Jerome Powell as less hawkish. Copper for delivery in March rose on the Comex market in New York, touching $4.11 per pound […]
French satirical magazine Charlie Hebdo has sparked outrage on social media after it published a cartoon appearing to make light of the magnitude 7.8 earthquake that killed thousands in Turkey and Syria. The drawing by […]
February 8, 2023 Data source: U.S. Energy Information Administration, Hourly Electric Grid Monitor From February 3 to February 5, record-breaking cold temperatures and extreme wind chill in New England created strong electricity demand as homes […]
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