Germany and others have been reluctant to close loopholes for their exporters, but that is slowly starting to change. The United States’ history of using economic sanctions as a means of coercion has not only […]
Opportunities on the Pacific Rim can kick-start a critical sector. Strategic energy technologies often start small but can scale quickly with judicious front-end policy support if they possess competitive thermodynamic and technological advantages. Since World […]
The Black Sea has descended into a severe danger zone for merchant shipping with Russian military forces piling into the region and targeting Ukraine’s exports. Having gone all year without any merchant ships coming under […]
Optimism about dropping mortgage rates drove up its Home Purchase Sentiment Index, but the poll occurred just before mortgage rates exploded. By Wolf Richter for WOLF STREET. Fannie Mae said today that its Home Purchase Sentiment Index (HPSI), […]
Tensions continue to soar in the Middle East, bringing oil prices along with them, as with Hezbollah firing rockets into Israel’s Haifa city on Monday, and the Israel defense forces intercepting a surface-surface missile fired […]
By Wolf Richter for WOLF STREET. Prices of used vehicle sold at auctions across the US barely dipped in September after having jumped for two months in a row. Not seasonally adjusted, wholesale prices inched down by $26 […]
Israel faces mounting pressure to strike Iran’s nuclear facilities amid escalating missile attacks, with Tehran now reportedly possessing enough material for three nuclear warheads. Discussions at high levels suggest that Russia may be assisting Iran […]
The escalating conflict between Iran and Israel has refocused the world’s attention on the Islamic Republic’s nuclear ambitions, and whether they’re giving it the capability to fire an atomic weapon. Iran began ramping up production of […]
BELGRADE, Oct 7 (Reuters) – The Serbian parliament on Monday began debating an opposition proposal to ban lithium and borate mining and exploration, which would effectively put an end to a contested Rio Tinto (RIO.L) […]
Liquefied natural gas will be needed for decades to ensure adequate energy supply, even as the world shifts to cleaner sources, an industry group of importers emphasized on Monday. Regular investments will be required to […]
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