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Home2023February

Month: February 2023

Fed
Finance

US adds a surprisingly strong 517,000 jobs despite Fed hikes

February 3, 2023 Mariel Alumit

Employers in the United States added 517,000 jobs in January, a surprisingly strong gain in the face of the Federal Reserve’s aggressive drive to slow growth and tame inflation with higher interest rates. The unemployment […]

Canada
Critical Minerals

Canada faces pressure to ban deep-sea mining

February 3, 2023 Mariel Alumit

​Canada is facing mounting pressure to declare a moratorium on deep-sea mining exploration and extraction as the country hosts an international marine conservation summit starting Friday in Vancouver. Leading to the the fifth International Marine Protected Area […]

Critical Minerals

Taseko confirms talks to up stake in Gibraltar copper mine

February 3, 2023 Mariel Alumit

​Canada’s Taseko Mines (TSX: TKO) (NYSE: TGB) confirmed on Friday it is engaged in negotiations with Sojitz Corp regarding a potential deal to increase its stake in its Gibraltar copper mine in British Columbia. The […]

hydrogen
Hydrogen

There’s a buzz about green hydrogen. But pink, produced using nuclear, may have a huge role to play too

February 3, 2023 Mariel Alumit

While there’s a buzz about hydrogen and its use as a tool in securing a low-carbon future, the vast majority of its production is still based on fossil fuels. Today, an array of sources and […]

New York
Crude Oil News

The New York Times Just Admitted That The West’s Anti-Russian Sanctions Are A Failure

February 3, 2023 Mariel Alumit

Neither the New York Times, the Western experts that writer Ana Swanson cites, nor the IMF can credibly be accused of being “Russian-friendly”, let alone so-called “Russian propagandists” or even “Russian agents”, which thus confirms […]

Russia
Crude Oil News

Russia’s Sanction-Proof Trade Corridor to India Frustrates the Neocons

February 3, 2023 Mariel Alumit

Russia, Iran, and India are speeding up efforts to complete a new transport corridor that would largely cut Europe, its sanctions, and any other threats out of the picture. The International North-South Transport Corridor (NSTC) is […]

Istanbul
Geopolitical

Half-Dozen Countries Temporarily Close Istanbul Consulates Over ‘Security Threats’

February 3, 2023 Mariel Alumit

Large-scale protests in Turkey over the recent Quran-burnings by a far right activist in Sweden have resulted in multiple Western countries this week issuing travel alerts for their citizens in Turkey. Additionally some half-dozen consulates […]

EU
Zero Edge

The EU’s Response To Biden’s Inflation Reduction Act Is Finally Here

February 3, 2023 Mariel Alumit

Authored by Felicity Bradstock via OilPrice.com, Following the passing of the Inflation Reduction Act in the U.S., pressure grew on the EU to introduce its own legislation to help fund the clean energy push on […]

Financial Crisis

France Hit By Strikes, Protests Amid Outrage At Hiking Retirement Age To 64

February 3, 2023 Mariel Alumit

French labor unions have been holding several days of mass strikes and protests against raising the retirement age, in a test of the momentum driving defiance to Emmanuel Macron’s signature economic reform… which is hardly […]

energy
Finance

Massive green energy company reports nearly $1 billion in losses, calls for ‘further governmental action’

February 3, 2023 Mariel Alumit

Global green energy company Siemens Gamesa reported Thursday that it had lost a staggering $967 million during the three-month period from between October to December. The Germany-based company, which dubs itself as “the global leader […]

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