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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

Russia
Zero Edge

Russia’s Oil And Gas Revenues Slump 46% Year-Over-Year

February 6, 2023 Mariel Alumit

By Michael Kern of OilPrice.com, Russia’s budget revenues from oil and gas plunged in January by 46% compared to the same month last year due to the sanctions on Russian oil exports, which led to […]

Marmora
Electrical Generation / Utilities

Marmora pumped storage project would turn inactive open-pit mine into giant hydro battery

February 6, 2023 Mariel Alumit

In eastern Ontario, OPG and Northland Power Inc. are looking to advance a proposed first-of-a-kind project for Canada that would convert a long inactive, open-pit iron ore mine into a hydroelectric battery to help power […]

Wind
Offshore

Wind power makers suffer huge losses, want to abandon major project

February 6, 2023 Mariel Alumit

The greenies’ dream of “clean” (except for millions of dead birds) energy from wind farms is dying in the face of the poor economics (even with tax subsidies) and unreliable technology. The big players in […]

east-Oregon
Political

East-Oregon Movement To Secede And Create ‘Greater Idaho’ Picks Up Steam

February 6, 2023 Mariel Alumit

A movement by east-Oregon conservatives to secede and join Idaho is picking up steam, according to the Daily Mail, which interviewed the movement’s leader, Mike McCarter. Mike McCarter is president of the Greater Idaho Movement. […]

Inflation
Financial Crisis

Mission Accomplished! Inflation Nation

February 6, 2023 Mariel Alumit

Authored by MN Gordon via EconomicPrism.com, About the time the most trusted man in America, Walter Cronkite, signed off from the CBS Evening News for the last time, something momentous happened in the U.S. credit […]

Commodities

China Reopening Rally Hits A Stumbling Block

February 6, 2023 Mariel Alumit

By John Liu and April Ma, BBG Markets Live strategists and reporters The reopening euphoria that vaulted a key Chinese benchmark to the brink of a bull market is losing steam, highlighting investor caution about […]

Goldman
Commodities

Oil To Face “Serious” Supply Problem In 2024 As Production Capacity Runs Out, Goldman Warns

February 6, 2023 Mariel Alumit

Heading into 2023, Goldman was bearish on most asset classes, except commodities where the bank forecast a 43% gain as “supply shortages bite.” Since then the commodity picture has ebbed and flowed, and after commodities […]

Bitcoin
Crypto

Innovation Or Attack? Sorting Out The “NFT Big Block” On The Bitcoin Network

February 6, 2023 Mariel Alumit

By Liu Chongyong of WuBlockchain, On February 1, 2023, Bitcoin Network mined the largest block in history, containing a nearly 4M largest transaction in the history, and the transaction fee is 0… The big transaction […]

India
Crude Oil News

India ditches dollar to bypass sanctions on Russian oil – helping downward shift U.S. global influence

February 5, 2023 Mariel Alumit

Indian refiners are now using Emirati dirhams instead of US dollars to pay for most of the Russian oil they purchase via traders based in the United Arab Emirates, Reuters reported last week, citing sources […]

Aljazeera International

European Union bans Russian diesel, oil products over Ukraine – Consumers are in the cross hairs

February 5, 2023 Mariel Alumit

Europe has imposed a ban on Russian diesel fuel and other refined oil products, slashing energy dependency on Moscow and seeking to further crimp the Kremlin’s fossil fuel earnings as punishment for invading Ukraine. Sunday’s […]

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