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Home2023March

Month: March 2023

Offshore

Hurtigruten working on launching its first zero-emission cruise ship by 2030

March 23, 2023 Mariel Alumit

Home Green marine Hurtigruten working on launching its first zero-emission cruise ship by 2030 Cruise company Hurtigruten Norway has revealed it is working towards its first zero-emission ship by 2030 by launching an innovative research project […]

Zero Edge

The World Economic Forum And The West’s Next Act?

March 23, 2023 Mariel Alumit

Authored by J.B.Shurk via The Gatestone Institute, If you are a consumer today, inflation is only one of the problems harming you. As prices go up, quality continues to go down. What most stores have […]

Oil
Zero Edge

Cooking Oil Shortage Looms As Biofuel Demand Surges Due To ‘Climate Solution’

March 23, 2023 Mariel Alumit

A key ingredient commonly found in kitchens could face a shortage in the coming months as global biofuel consumption surges due to climate change initiatives. As reported by Bloomberg, Western nations are increasingly adopting plant-based […]

Zero Edge

“We Are Headed For Another Train Wreck”: Bill Ackman Blames Janet Yellen For Restarting The Bank Run

March 23, 2023 Mariel Alumit

Yesterday morning we joked that every time Janet Yellen opens her mouth, stocks dump. Well, it wasn’t a joke, and as we repeatedly noted today, while Jerome Powell was busting his ass to prevent a […]

Zero Edge

‘Operation Choke Point 2.0’ May Have Contributed To SVB’s Collapse: Mulvaney

March 23, 2023 Mariel Alumit

Authored by Luke Huigsloot via CoinTelegraph.com, While the existence of “Operation Choke Point 2.0” has not been confirmed, Mick Mulvaney spoke of “rumors” of its existence and the potential side effects of such a policy… […]

Zero Edge

Distressed Debt Soars By 29%, Or $66 Billion, In One Week Amid Surge In Bankruptcies

March 23, 2023 Mariel Alumit

The cascade of defaulted regional US banks is blowing out the circulating inventory of distressed debt which expanded by about $65.9 billion last week as US insolvency courts saw six new, large bankruptcy filings, according […]

Fed
Zero Edge

The Fed Proposes A 4th Function Of Money: Means Of Social Control

March 23, 2023 Mariel Alumit

Authored by Mike Shedlock via MishTalk.com, A Federal Reserve white paper has come up with a new function for money. Let’s tune in…   Docket No. OP – 1670 Please consider Docket No. OP – […]

Zero Edge

Get Woke, Go Broke: Twitch Streaming Service To Sack 36% Of Employees

March 23, 2023 Mariel Alumit

The collapse of the woke tech industry continues to accelerate this month with numerous companies announcing major layoffs and some of them on the verge of bankruptcy. The culture of ESG status, which is rooted […]

Zero Edge

Futures Rebound After Yellen Torches Markets

March 23, 2023 Mariel Alumit

After 76 year old treasury secretary Janet Yellen blew up the market yesterday with her post-FOMC comments that regulators aren’t looking to provide “blanket” deposit insurance to stabilize the US banking system, stock futures have […]

BoE
Zero Edge

BoE Hikes Rates 25bps As Expected, Re-Opens Door For Further Hikes

March 23, 2023 Mariel Alumit

Following yesterday’s disappointingly hot inflation prints, it was not a big surprise to markets that The Bank of England (BoE) hiked rates by 25bps this morning to 4.25%, the highest since 2008, and left the […]

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