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Home2022November

Month: November 2022

BIDEN
Political

BIDEN CLAIMS U.S. ENERGY COMPANIES NOT PUMPING OIL – DESPITE RECORD PRODUCTION

November 1, 2022 Mariel Alumit

With just eight days before a high-stakes midterm election, President Biden has a proposal to address inflation and high energy prices – higher taxes. On Monday, following record earnings from oil majors, the President gave a press conference criticizing […]

Saudi
Earnings

Saudi Aramco Joins Oil Results Bonanza with 39% Jump in Net Income

November 1, 2022 Mariel Alumit

Saudi Arabian state oil producer Aramco beat forecasts on Nov. 1 with a 39% jump in third-quarter net income and reported record free cash flows, joining rivals in benefiting from higher prices and robust demand. Aramco’s net income rose to $42.4 billion for the three months to Sept. 30 from […]

Price
Zero Edge

Spiking Rates And “Plummeting Affordability” Have Priced Low Income Homeowners Out Of The Market

November 1, 2022 Mariel Alumit

Submitted by QTR’s Fringe Finance Just days ago Zero Hedge reported that rent-controlled vacancies in New York City have soared. And it should also be no surprise that just yesterday they wrote about a mansion […]

Eversource
Energy Policy

Eversource CEO asks Biden to take emergency action on New England natural gas supply

November 1, 2022 Mariel Alumit

“I am deeply concerned about the potentially severe impact a winter energy shortfall would have on the people and businesses of this region.” The head of Eversource is sounding the alarm to President Biden, urgently […]

Zero Edge

Job Openings Unexpectedly Soar In 2nd Best Month Of 2022, Despite Plunge In Hiring, Quits

November 1, 2022 Mariel Alumit

Less than a month after the most recent JOLTS report (for the month of August, recall JOLTS is 2-months delayed) showed a near record plunge in job openings – in line with Fed hopes for […]

US
Aljazeera International

US imposes weapons-related sanctions on ISIL members in Somalia

November 1, 2022 Mariel Alumit

NewsISIL/ISIS The United States on Tuesday issued sanctions targeting ISIL in Somalia, designating members of the group and others it accused of being involved in a “terrorist weapons trafficking network” in Eastern Africa. In a […]

Peak
Finance

Peak Fed Hawkishness Means Sustainable Rally Is Still A Way Off

November 1, 2022 Mariel Alumit

By Simon White, Bloomberg Markets Live reporter and analyst Stocks will be stuck in a bear market for several more months even with a peak in Fed hawkishness. Peak global inflation is likely here, allowing […]

US
Aljazeera International

Infographic: All you need to know about the US midterm elections

November 1, 2022 Mariel Alumit

Nearly 250 million people in the United States are eligible to vote in critical midterm elections that will determine the makeup of the 118th US Congress. In-person Election Day is November 8, with many voters […]

Morgan Stanley
Zero Edge

Morgan Stanley: “A US Windfall Tax Is Unlikely To Pass”

November 1, 2022 Mariel Alumit

Following Joe Biden’s threat to take out his powerless fury at OPEC+ head Saudi Arabia on US producers by slapping them with a windfall tax, this morning we already observed a battle royale between Hunter […]

Price
Aljazeera International

Armenian PM Pashinyan in Iran after meeting with Putin, Aliyev

November 1, 2022 Mariel Alumit

Tehran, Iran – Armenian Prime Minister Nikol Pashinyan has held high-level talks in Tehran after a trilateral meeting with Russian and Azerbaijani leaders on fighting in the Caucasus region. Pashinyan was officially received by Iranian […]

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