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Home2024

Year: 2024

Geopolitical

EU Ready to Discuss Closer Energy Ties with US under Trump

December 22, 2024 Clark Savage

The European Union is prepared to discuss with U.S. President-elect Trump boosting economic ties, including in the energy sector, an EU spokesperson told Reuters on Friday, hours after Trump threatened to impose “tariffs all the way” on […]

Illinois
Climate Crisis

Taxpayers To Fund Nearly $20M In Electric School Buses For Illinois

December 22, 2024 Mariel Alumit

Gov. J.B. Pritzker announced nearly $20M for 70 zero-emission buses at nine Illinois school districts, costing $284,000 each. Taxpayers are set to jolt the struggling electric bus industry after Gov. J.B. Pritzker announced nearly $20 million for […]

Iran
Crude Oil News

Iran plagued by energy crisis partially caused by strikes attributed to Israel

December 22, 2024 Clark Savage

shortages in the country. (Atta Kenare/AFP) An energy crisis in Iran has left its leadership scrambling to find a solution after schools and government institutions across the country were forced to close their doors last […]

Energy Crisis

Qatar threatens not to export LNG to Europe

December 22, 2024 Clark Savage

Qatar has threatened not to export liquefied natural gas to Europe, in response to strict environmental, social and governance reporting standards for large companies operating in EU member states. In statements monitored by the Washington-based […]

Moscow
Geopolitical

Biden’s officials trying to destroy Trump’s push for peace – Moscow

December 22, 2024 Clark Savage

The outgoing US administration’s policies are “risky, even self-destructive,” according to Russian deputy FM Sergey Ryabkov The outgoing administration of US President Joe Biden is doing everything to make sure that President-elect Donald Trump will […]

India
International News

Massive gas tanker explosion in India kills 14

December 22, 2024 Andy Del Prado

Dozens more injured in road accident involving an LPG tanker that has raised common concerns over road safety across the country A catastrophic gas-tanker explosion in western India has resulted in the deaths of at […]

Treasury Yield
Finance

Treasury Yield Curve Un-Inverts Entirely, as Long-Term Yields Rise while Short-Term Yields Stay Put, No Longer Pricing in Rate Cuts. Mortgage Rates back Above 7%

December 21, 2024

Since September, the Fed cut by 100 basis points while the 10-year Treasury yield rose by 87 basis points! There are now doubts about further cuts.

US
Political

US Senate passes government funding bill, averts shutdown

December 21, 2024 Mariel Alumit

  The Republican-controlled US House of Representatives passed legislation on Friday (20 December) that would avert a midnight government shutdown, defying President-elect Donald Trump’s demand to also greenlight trillions of dollars in new debt. Next, […]

Azerbaijan
Energy Crisis

Azerbaijan-brokered deal to keep gas flowing to EU via Ukraine fails

December 21, 2024 Clark Savage

  Moscow and Kyiv have failed to agree on a deal brokered by Azerbaijan to continue Russian gas exports to Europe via Ukraine, a senior source at the Azeri energy company SOCAR told Reuters on […]

Pentagon
Geopolitical

Pentagon admits massive surge of US troops in Syria

December 21, 2024 Clark Savage

Washington insists it was a coincidence that reinforcements were sent before the collapse of President Bashar Assad’s government The US has revealed that it has more than doubled its military presence in Syria, with a […]

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