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Home2023March

Month: March 2023

Energy Crisis

Renewable energy investors squeezed by higher interest rates, costs

March 12, 2023 Mariel Alumit

NEW YORK/HOUSTON, (Reuters) – Corporations and investors have been pouring money into renewable energy projects, seeing an opportunity to grasp the Holy Grail of socially conscious investing: do good while doing well. But sharply higher […]

COVID
Political

Entire US Congress Votes To Declassify COVID-19 Origins Intel – Can we get this kind of cooperation to end the energy crisis?

March 12, 2023 Mariel Alumit

100% of lawmakers in the House on Friday voted to pass a bill requiring the Biden administration to declassify intelligence related to investigations into the Wuhan Institute of Virology in China and Covid-19. The Covid […]

Aljazeera International

What to expect after Iran, Saudi Arabia agree to restore ties

March 12, 2023 Mariel Alumit

Tehran, Iran – Iran and Saudi Arabia have agreed to re-establish diplomatic relations in a China-brokered deal that could have wide-ranging consequences but building on it, analysts say, will prove the main challenge. The agreement […]

Energy Crisis

Businesses Urge Biden to Use ‘Every Tool’ in Mexico Energy Spat

March 12, 2023 Mariel Alumit

​Business groups representing American oil producers, renewable electricity and manufacturers urged the Biden administration to use “every tool available” to push Mexico to address complaints about its nationalist energy policy that the US says violates […]

Crude Oil News

Russia Uses Ship-To-Ship Transfers To Boost Diesel Exports To Saudi Arabia

March 11, 2023 Mariel Alumit

Authored by Tsvetana Paraskova via OilPrice.com, Russia is accelerating its exports of diesel to Saudi Arabia by both direct shipments and ship-to-ship transfers, Reuters reported on Friday, quoting trade sources and shipping data from Refinitiv. […]

EnergyNews

EU energy chief tells companies not to sign new Russian LNG deals

March 11, 2023 Mariel Alumit

​ European Commissioner for Energy Kadri Simson attends a European Union energy ministers meeting on high energy prices, in Brussels, Belgium November 24, 2022. REUTERS/Johanna Geron BRUSSELS, March 9 (Reuters) – European Union countries and […]

Bankruptcy

Record Bank Run Drained A Quarter, Or $42BN, Of SVB’s Deposits In Hours, Leaving It With Negative $1BN In Cash

March 11, 2023 Mariel Alumit

For much of the day, anyone doing analysis on the now-liquidated Silicon Valley Bank was confined to using stale financial data as of Dec. 31… we certainly were when analyzing the impact of SVB’s contagion […]

Geopolitical

China Foresees End Of Ukraine War This Summer: Report

March 11, 2023 Mariel Alumit

A fascinating new report in Nikkei Asia has unearthed and detailed the findings of an elite Chinese state-linked think tank which reports directly to the People’s Liberation Army. Nikkei in the context of examining the […]

People

These Are The US Cities With The Most Homeless People

March 11, 2023 Mariel Alumit

Over half a million Americans are currently homeless. As Statista’s Katharina Buchholz reports, after a period of progress and decline, the U.S. homeless population has increased slightly in 2020 and 2022, according to a report […]

Aljazeera International

‘Changing global order’: China’s hand in the Iran-Saudi deal

March 11, 2023 Mariel Alumit

China’s efforts in brokering a deal between Iran and Saudi Arabia have been seen by analysts as broader signs of a “changing global order”. During talks in Beijing on Friday, Saudi Arabia and Iran agreed […]

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