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Home2024August

Month: August 2024

Nikkei
Crude Oil News

Stocks trampled as Nikkei crashes 13%, bonds eye rapid rate cuts

August 5, 2024 Clark Savage

Stock markets tumbled on Monday and Japanese shares plummeted a gut-wrenching 13% as fears the United States could be heading for recession sent investors rushing from risk while wagering that rapid fire rate cuts will […]

Middle East
Crude Oil News

Oil Price Collapse Tampered by Tensions in the Middle East

August 5, 2024 Clark Savage

Oil prices dropped significantly on Friday and Monday morning due to concerns about a potential recession in the U.S. and weak Chinese demand. The decline was partially offset by rising tensions in the Middle East, […]

Stocks
Finance

US Stocks Open into Mess but Whiff of Panic Fades after Japan Crashed 12% Today, 20% since BOJ Ended Free Money

August 5, 2024 Stu Turley

By Wolf Richter for WOLF STREET. The Japanese Nikkei 225 stock index plunged 12.4% on Monday, after having plunged 5.7% on Friday, and 2.5% on Thursday, bringing the three-day drop since the Bank of Japan meeting on July […]

Boiler Upgrade Scheme
Press

UK Boiler Upgrade Scheme powers £50m in heating grants

August 5, 2024 Stu Turley

By the end of March 2023, almost 10,000 grants had been paid following the installation of eligible heat pumps and biomass boilers under the Boiler Upgrade Scheme (BUS). Collectively, these grants were worth over £50 […]

Russian gas
International News

EU state makes new Russian gas promise

August 5, 2024 Stu Turley

The Austrian government is reportedly planning to fully abandon imports from Moscow Austria’s ruling coalition has reportedly agreed to completely eliminate the country’s Russian gas supply by 2027, media outlet Kurier reported on Saturday, citing […]

Ukraine
Press

Ukraine finally deploying US-made F-16 fighter jets, Zelenskyy says

August 5, 2024 Stu Turley

  Ukrainian pilots have started flying F-16s for operations within the nation, President Volodymyr Zelenskiy said on Sunday (4 August), confirming the long-awaited arrival of the US-made fighter jets more than 29 months after Russia’s […]

Israel
Bankruptcy

Israel, Mideast Markets Fall on Iran Threat, Global Stock Plunge

August 5, 2024 Stu Turley

Israeli markets drop; US sees Iranian attack in 24-48 hours Saudi, Egyptian, Turkish stocks, bonds, currencies also hurt Financial markets across the Middle East tumbled Monday, as concerns over a potential Iranian attack on Israel […]

Peru
International News

Dutch Gate continues to receive LNG cargoes from Peru

August 5, 2024 Clark Savage

As previously reported by LNG Prime, the 4.4 mtpa Peru LNG plant shipped five cargoes of LNG to Gate during May and June. The first shipment was sent on May 31 onboard the 174,000-cbm LNGShips […]

Keir Starmer
International News

Keir Starmer condemns ‘far right thuggery’ as unrest flares across Britain

August 5, 2024 Clark Savage

  British Prime Minister Keir Starmer on Sunday (3 August) condemned what he described as “far-right thuggery” and said perpetrators would face the full force of the law after days of violent anti-immigration protests culminated […]

Chinese software
Electric Vehicles

US to propose barring Chinese software in autonomous vehicles

August 5, 2024 Clark Savage

  The US Commerce Department is expected to propose barring Chinese software in autonomous and connected vehicles in the coming weeks, according to sources briefed on the matter. The Biden administration plans to issue a […]

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