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Home2022November

Month: November 2022

Germany
Aljazeera International

Germany’s Scholz urges Western Balkans to resolve conflicts

November 3, 2022 Mariel Alumit

NewsPolitics German Chancellor Olaf Scholz has told leaders of six Balkan countries aspiring to join the European Union that “it is high time to overcome regional conflicts” and stand together as Russia wages war in […]

US
Finance

US Unit Labor Costs Soar By Most In 40 Years Amid Dismal Productivity

November 3, 2022 Mariel Alumit

US Productivity growth barely rebounded in Q3 (+0.3% QoQ vs -4.1% QoQ in Q2), but this was slower than the 0.5% QoQ expected, after two quarters of huge weakness…   Source: Bloomberg On a YoY […]

Glencore
Aljazeera International

London court orders Glencore UK to pay $310m over bribery charges

November 3, 2022 Mariel Alumit

NewsBusiness and Economy A British subsidiary of Swiss mining and trading group Glencore has been ordered to pay a total penalty of 276.4 million pounds ($310.6m) by a London court for seven bribery offences in […]

Von Greyerz
Zero Edge

“We’re At The End Of A Major Era” – Von Greyerz Warns Of “$2.5 Quadrillion Disaster Waiting To Happen”

November 3, 2022 Mariel Alumit

Via Greg Hunter’s USAWatchdog.com Egon von Greyerz (EvG) stores gold for clients at the biggest private gold vault in the world buried deep in the Swiss Alps. EvG is a financial and precious metals expert. […]

UK
Zero Edge

UK PM Sunak U-Turns On Decision To Skip COP27

November 3, 2022 Mariel Alumit

UK’s Prime Minister Rishi Sunak made a U-turn on his decision not to attend the COP 27 climate summit in Egypt following an uproar from Conservative MPs, including former PM Boris Johnson, opposition parties, and […]

Saudi Arabia
International News

Saudi Arabia courts Australian miners for $170 billion plan

November 3, 2022 Mariel Alumit

Saudi Arabia is seeking investment from Australian miners to support its $170-billion plan to build a mining industry and diversify its oil-dependent economy this decade. The kingdom says it’s sitting on top of $1.3 trillion […]

North Korea
Aljazeera International

North Korea’s missile launches demonstrate growing capabilities

November 3, 2022 Stu Turley

North Korea has conducted a record number of missile launches this week, including an apparent intercontinental ballistic missile (ICBM), bringing the total number of missiles fired to more than 60 so far this year. The […]

Elon Musk
Zero Edge

Elon Musk To Fire Half Of Twitter On Friday

November 3, 2022 Mariel Alumit

Taking a page out of Thanos’ playbook (or is that Zorg), in two days Elon Musk will finally do what he has repeatedly warned he would do: unleash mass layoffs at the company he just […]

Cheniere
Earnings

Cheniere’s adjusted profit, revenue more than double on soaring LNG demand

November 3, 2022 Mariel Alumit

Nov 3 (Reuters) – U.S. liquefied natural gas (LNG) company Cheniere Energy Inc (LNG.A) on Thursday reported a third-quarter loss on derivative contracts while delivering revenue and adjusted profit that more than doubled on surging LNG demand. […]

OPEC
Commodities

The Next OPEC-Like Cartel Could Be In Battery Metals

November 3, 2022 Stu Turley

Authored by Tsvetana Paraskova via OilPrice.com, Large nickel producer Indonesia sees merit in the formation of an OPEC-like cartel for battery metals. Indonesia has not yet contacted other nickel-producing countries to discuss the idea of […]

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