Billions of euros earmarked to boost renewable energy and slash emissions are on the cutting block after EU leaders proposed moving them over to fund immigration and defense efforts instead. The move came during this week’s EU […]
How the Oil and Gas Industry Spends Its Profits 2022 was a highly profitable year for the oil and gas industry. Due to Russia’s invasion of Ukraine, energy prices skyrocketed, and the industry amassed an […]
The currency’s reputation has been jeopardized by Brussels’ freezing of Russian assets, Elvira Nabiullina says The euro could lose its status as a global reserve currency if Brussels goes through with threats to use frozen […]
British households have piled up record debts of almost £3 billion ($3.8 billion) with electricity and gas suppliers, national energy regulator Ofgem has revealed. The total amount owed to energy suppliers has soared by £400 […]
George McMillan III, Copyright © December 16, 2023 / September 14, 2024 Overt and Covert Entities and Strategic Planning The purpose of this series of articles is twofold: first, to explain the role of energy […]
The following content is sponsored by Wood Mackenzie Visualizing the Demand for Battery Raw Materials Metals play a pivotal role in the energy transition, as EVs and energy storage systems rely on batteries, which, in […]
Something darkly humorous about these central-bank engineered easy-money spikes that then go POOF. By Wolf Richter for WOLF STREET. Home prices in Canada dropped 1.7% in November from October, after having dropped by 1.6% in October from September, […]
The three account for 50% of retail sales. People blowing their disposable income that outran inflation by a wide margin this year. By Wolf Richter for WOLF STREET. Total retail sales rose by 0.3% in November from October, […]
Warren Buffett’s Berkshire Hathaway bought close to $590 million worth of Occidental Petroleum stock this week after the latter announced it would acquire Permian oil driller CrownRock. Occidental said it will buy CrownRock for cash […]
ENB Pub Note: “Sanctions do not work as intended”- Irina Slav. She has a great definition and is extremely accurate. The weaponization of the US dollar has accelerated the demise of the United States financial […]
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