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HomeFinancial Crisis

Financial Crisis

crisis
Energy Crisis

UK cost-of-living crisis pushes mothers to the brink

January 30, 2023 Mariel Alumit

At an east London church on a bitterly cold winter’s day, Beautine Wester-Okiya picks her way through boxes of donated baby clothes, toys and other assorted items destined for local people battered by the United […]

Recession
Commodities

Wall Street Week Ahead Recession fears pose challenge to energy …

January 28, 2023 Mariel Alumit

NEW YORK, Jan 27 (Reuters) – A potential U.S. recession and tough comparisons to a stellar 2022 are weighing on the prospects of energy stocks delivering an encore to last year’s stunning run, despite valuations […]

global
ENB Pub Note

Here’s What Happens To Society When The System Fails – Energy is the global ingredient for good or bad. 

January 28, 2023 Mariel Alumit

ENB Pub Note: This article is not about the typical nuclear reactor, oil rig, or renewable solar farm. It does shed light on the cause for alarm as the one common denominator for the potential […]

Crude Oil News

A Dollar Collapse Is Now In Motion, Saudi Arabia Signals The End Of ‘Petro’ Status

January 27, 2023 Mariel Alumit

Authored by Brandon Smith via Alt-Market.us, The decline of a currency’s world reserve status is often a long process rife with denials. There are numerous economic “experts” out there that have been dismissing any and […]

Canada
Finance

The First Pause: Bank Of Canada Hikes 25bps As Expected, Will Hold Rates As It “Assesses Impact”

January 25, 2023 Mariel Alumit

The Bank of Canada joined the “one and done” bandwagon moments ago when the central bank hiked rates by 25bps – as expected by most strategists – for an eight consecutive, but also perhaps final […]

Canada
Finance

Bank of Canada raises rates, first major bank to signal pause

January 25, 2023 Mariel Alumit

The Bank of Canada on Wednesday raised its key interest rate to 4.5 percent, the highest level in 15 years, and became the first major central bank fighting global inflation to say it would likely […]

Inflation
Crypto

Inflation Assets Are Leading The Recovery. That’s Not Normal

January 23, 2023 Mariel Alumit

By Marcel Kasumovich, Head of Research for One River Asset Management It’s normal, sort of. Digital asset markets are following a commodity boom, bust, recovery cycle. Investors are focused on the bust. The decline in […]

Davos
Climate Crisis

Davos 2023: Who said what on climate and environment? – Are economics, physics and facts thrown away?

January 21, 2023 Mariel Alumit

ENB Pub Note: Please give us your opinions. Facts, economics, and physics matter. All are missing from this article. That is a great summary of quotes, but is energy hypocrisy a thing?   We round up […]

Saudi Arabia
Financial Crisis

Dollar Hegemony, Saudi Arabia, Oil, and Ron Paul

January 20, 2023 Mariel Alumit

Authored by Adam Dick via The Ron Paul Institute, Interviewed Tuesday at Bloomberg, Saudi Arabia Finance Minister Mohammed Al-Jadaan indicated that Saudi Arabia would be open to conducting trade, including involving oil, in various currencies […]

audi Arabia Says open to settling Trade in other Currencies
Crude Oil News

Saudi Arabia Says Open to Settling Trade in Other Currencies – Another blow to the U.S. Dollar

January 19, 2023 Mariel Alumit

Saudi Arabia is open to discussions about trade in currencies other than the US dollar, according to the kingdom’s finance minister. “There are no issues with discussing how we settle our trade arrangements, whether it […]

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