World Oil (Bloomberg) – Oil tycoon Tim Dunn has spent millions to try to influence Texas to lean toward his conservative politics. Now, as he considers bids for his drilling company that’s said to be valued […]
Key Takeaways 1 Auto dealers nationwide are asking President Biden for relief from onerous mileage regulations that are destroying their businesses. 2 The president is forcing auto makers to produce electric vehicles that are piling […]
Spain stepped up purchases of Russian natural gas in 2023, with imports expected to hit a historic high by year’s end, news outlet El Mundo reported on Friday, citing data from the country’s gas network […]
Central bankers’ continued fight to bring rampant inflation under control could plunge developed countries into recession next year, the Organization for Economic Co-operation and Development (OECD) has warned. According to its global outlook, issued earlier […]
The US and its allies are reportedly pressuring several countries to ensure Russian tankers don’t sail under their flags Western states are pressuring Liberia, the Marshall Islands, and Panama to boost checks of ships sailing […]
Daily Standup Weekly Top Stories What Is COP28 and Why Is It Important? November 25, 2023 Mariel Alumit World leaders are due to gather for annual climate change talks in Dubai in December. On the agenda: the phase down […]
They Out-Spent and Out-Earned inflation without breaking a sweat, and saved some too. By Wolf Richter for WOLF STREET. I had too many irons in the fire yesterday, and didn’t think I needed to cover the consumer spending […]
New report from Consumer Reports found that electric vehicles have almost 80% more problems and are “generally less reliable” than conventional internal combustion engine cars. Good thing every major government around the world is subsidizing their […]
Indonesia is the world’s largest Muslim country, its fourth-most populous one in general, and is on pace to become the sixth-largest economy by 2027, which is why any potential change in its presently non-aligned foreign […]
TOKYO, Dec 1 (Reuters) – Japan’s power utilities on Friday called for an increase in the volume of the country’s strategic liquefied natural gas (LNG) buffer (SBL) to ensure a stable fuel supply amid lingering risk of […]
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