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Home2024

Year: 2024

Germany
Climate Crisis

Moscow explains Germany’s economic decline

December 29, 2024 Mariel Alumit

Foreign Ministry spokeswoman Maria Zakharova has said Berlin has undermined its industrial sector by decoupling from Russian energy Germany has shot itself in the foot economically by caving in to US pressure and cutting off […]

Treasury
Finance

Treasury chief issues US debt warning

December 29, 2024 Mariel Alumit

“Extraordinary measures” may be needed soon to prevent nation from defaulting on its obligations, Janet Yellen has told Congress US Treasury Secretary Janet Yellen has said the federal government will hit its debt limit as […]

Gazprom
Energy Crisis

Gazprom to cut off European state on January 1

December 28, 2024 Mariel Alumit

Russian energy giant Gazprom announced on Saturday it will halt natural gas supplies to Moldova from January 1, citing the country’s refusal to pay debts. Moldova, a former Soviet state that relies heavily on Russian […]

Geopolitical

Sanctioned Russian LNG Cargo Stranded at Sea

December 28, 2024 Clark Savage

The LNG carrier Pioneer, carrying sanctioned Russian LNG, was unable to find a buyer after a four-month global search. The ship was forced to return to the Koryak floating storage unit in Kamchatka, where the […]

Treasury Yield
Finance

10-Year Treasury Yield Rose 100 Basis Points since September as the Fed Cut 100 Basis Points. Why the Historic Divergence?

December 27, 2024 Mariel Alumit

By Wolf Richter for WOLF STREET. Treasury yields and the now un-inverted and nicely steepening Treasury yield curve passed another landmark on Friday, maybe the first such landmark ever: While the Fed cut its policy rates by a […]

Energy Crisis

US could buy Nord Stream – Vucic 

December 27, 2024 Mariel Alumit

The Serbian president has made the prediction following recent reports about an American investor’s bid for the pipeline The sabotaged Nord Stream 2 gas pipeline could become US property in a year, and gas supplies […]

LNG
Finance

Spot LNG shipping rates remain low, European prices up

December 27, 2024 Mariel Alumit

Spark30S Atlantic freight rates were at $23,500 per day this week, and Q4 2024 continues to price in as the lowest quarter on record for a 174 2-stroke vessel in the Atlantic basin, Qasim Afghan, […]

German president
International News

German president dissolves parliament

December 27, 2024 Mariel Alumit

A rare snap election will be held in February, as critics of Western funding for the Ukraine conflict gain public support German President Frank-Walter Steinmeier ordered the dissolution of the federal parliament on Friday following […]

Climate Crisis

New York to Force Oil, Gas Companies to Pay Reparations for ‘Climate Change’ Damage

December 27, 2024 Clark Savage

ENB Pub Note: This is true madness. I will get the bill and cover it on my podcast – this will do nothing for the climate but will hurt New York Consumers. She (Gov Hochul) […]

Turkey Eyes Role in Syrian Oil and Gas Production
Crude Oil News

Turkey Eyes Role in Syrian Oil and Gas Production

December 27, 2024 Clark Savage

ENB Pub Note: This article is from Oilprice.com and Irina Slav. She nails the breaking story, and I have been recording hours of podcasts about the Middle East, Syria and Turkey in the last week. […]

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