Talks between the government and the owner of British Steel over a £500 million state aid package have reportedly reached a deadlock, with plans to close blast furnaces in Lincolnshire now being considered. According to […]
A 4% drop will put the Nasdaq back to Nov 2021. Amazon, Tesla, and Alphabet already back where they’d been 3 or 4 years ago. Nvidia -24% from peak. By Wolf Richter for WOLF STREET. Rate cuts are […]
Estonia has revealed that Moscow was behind a series of cyber attacks targeting several Estonian ministries in 2020, in a rare move that publically accuses another state actor of a cyber attack. Four years […]
Bullion holdings stood at nearly $190 billion as of September 1, according to the central bank Russia’s holdings of gold have reached a new high of $188.8 billion and bullion’s share in the country’s international […]
ENB Pub Note: This is important as at least President Trump understands the devastation that the current administration has done to the long-term viability of the US Dollar. Economic curbs imposed by the US on […]
It’s back to the good old days of globalization in Norway—at least for some. A small town needs an investor for a major piece of infrastructure, and in certain foreign nations there are investors with […]
UK ministers still refuse to consider that motorists have good reason to be wary of electric cars and to avoid buying them. No invention has done more to liberate society than the mass-produced car. It […]
Weekly Daily Standup Top Stories Saudi Arabia Expected to Cut Its Oil Prices to Asia for October September 2, 2024 Stu Turley Saudi Aramco is expected to cut the OSP of its crude oil for Asia […]
Job growth bounces back some, hourly earnings jump, unemployment dips, but job growth is too slow to absorb the massive influx of immigrants. By Wolf Richter for WOLF STREET. Payrolls at employers rose by 142,000 jobs in August, […]
It’s only going to get worse from here, as the Biden-Harris administration’s disastrous open border policies have now come to a ‘neighborhood near you’ (for some of you). In the past week, we saw armed Venezuelan prison gang Tren de […]
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