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Home2023April

Month: April 2023

Crude Oil News

OPEC+ Makes Surprise 1 Million-Barrel Oil Production Cut

April 2, 2023 Mariel Alumit

We asked this question last month: Who cuts first: OPEC+ or Fed? … and more than two weeks later, we finally have an answer: In the latest in a long series of slaps on Biden’s […]

Electricity
Coal

Renewables Surpass Coal In US Electricity Generation

April 2, 2023 Mariel Alumit

For the first time, more electricity was generated from renewable sources in the U.S. over the course of one year than from coal. As Statista’s Katharina Buchholz details below, in 2022, renewable energy sources created […]

Deflation
Bankruptcy

Debt Deflation: “The Adjustment To Reality Is Likely More Violent Than Anything Seen In The ’70s”

April 2, 2023 Mariel Alumit

Authored by Alasdair Macleod via GoldMoney.com, Deflating the credit bubble The theme of this article is debt deflation. How likely is it that the downturn in broad money supply will continue, and if so, why? […]

Exports

Demand For Fuel Tankers Jumps Amid Global Trade Reshuffle

April 2, 2023 Mariel Alumit

By Tsvetana Paraskova of Oilprice.com, With global trade being upended by sanctions on Russia while Asia and the Middle East add refining capacity at the expense of the U.S. and Europe, orders for fuel tankers […]

Crypto

The US Government Sold Almost 10,000 ‘Silk Road’ Bitcoin Last Week

April 1, 2023 Mariel Alumit

The United States government has been selling bitcoin confiscated from the Silk Road case in 2013. As Turner Wright reports at CoinTelegraph.com, a March 31 filing with U.S. District Court for the Southern District of […]

Aljazeera International

Ukraine decries ‘symbolic blow’ as Russia assumes UN presidency

April 1, 2023 Mariel Alumit

Ukraine has branded Russia’s presidency of the UN Security Council for the month of April “a symbolic blow,” joining a chorus of outrage from Western countries. Moscow assumes the presidency as part of its monthly […]

BRICS
Crude Oil News

Popular Expectations About BRICS’ New Currency Project Should Be Tempered

April 1, 2023 Mariel Alumit

There’s no doubt that BRICS’ planned creation of a new reserve currency will accelerate de-dollarization processes and advance financial multipolarity, but that’s very different from the dollar’s death that many folks prematurely predicted. Duma Deputy […]

Climate Crisis

Eastern Europe must not lag behind on the green transition

April 1, 2023 Mariel Alumit

Last year, a severe drought hit much of Europe, with some scientists claiming it was the worst in 500 years. In France, a state of emergency was declared in five northern provinces; in Spain, water […]

Energy Crisis

Dennis Quaid documentary ‘Grid Down, Power Up’ explores dangers of sudden electric grid failure – Fox

April 1, 2023 Mariel Alumit

  Actor Dennis Quaid is known for his multi-faceted roles on the silver screen, but he recently released a documentary about the prospect of a power grid outage that would send the United States “back to the […]

The De-Dollarization Of Brazilian-Chinese Trade Sheds More Light On Lula’s Grand Strategy
ENB Pub Note

The De-Dollarization Of Brazilian-Chinese Trade Sheds More Light On Lula’s Grand Strategy

April 1, 2023 Mariel Alumit

ENB Pub Note: Andrew Korybko is a talented international author and geopolitical writer. He has a different view than the mainstream media in the United States, which in my opinion, is needed. He is kind […]

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