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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

Bank
Finance

Kevin O’Leary Says Avoid Bank Stocks and Buy Energy Instead. Here Are 2 Names to Consider

March 15, 2023 Mariel Alumit

In the wake of multiple bank collapses over the past week, many banking stocks’ valuations have fallen sharply and are trading at deep discounts right now. One investor, however, that definitely won’t be looking for […]

Colorado
Energy Policy

Colorado’s high energy costs are part of a regulatory ‘game’

March 15, 2023 Mariel Alumit

Colorado Utility Consumer Advocate chief: When ratepayers — stunned by doubling and even tripling of energy bills — cry out for help, the PUC patiently listens, but the public comments don’t have much weight in […]

Silicon
Finance

Silicon Valley Bank’s Fall Is a Passing Cloud Over Clean Energy

March 15, 2023 Mariel Alumit

Japanese and European banks have traditionally been big clean-energy lenders, too SVB made about $1.2 billion of project finance loans to U.S. renewable energy projects in 2022. The Wall Street Journal By Jinjoo Lee, March 14, […]

Finance

Moody’s cuts outlook on U.S. banking system to negative, citing ‘rapidly deteriorating operating environment’

March 15, 2023 Mariel Alumit

In a harsh blow to an already-reeling sector, Moody’s Investors Service cut its view on the entire banking system to negative from stable. The firm, part of the big three rating services, said Monday it […]

Finance

Inflation in Argentina surges past 100 percent in historic spike

March 14, 2023 Mariel Alumit

Inflation in the South American country of Argentina has risen past 100 percent for the first time since 1991, according to the government’s latest consumer price index. The National Institute of Statistics and Census (INDEC) […]

China
Critical Minerals

China to step up deep sea mining efforts

March 14, 2023 Mariel Alumit

​ China Daily reports that the country will make renewed efforts to join the race to mine the deep sea for critical minerals. The English language government-run paper says China lags behind the West in […]

Critical Minerals

Deep South Resources prospects improve in battle for Haib copper project licence in Namibia

March 14, 2023 Mariel Alumit

​ The High Court of Namibia has rendered its judgment and set aside the decision of the Minister not to renew Deep-South Resources (TSX-V: DSM) licence for the Haib copper project. The decision is a […]

Critical Minerals

Newcrest, Newmont set to talk as Newcrest outlines more mining potential

March 14, 2023 Mariel Alumit

​ A month after Newcrest Mining (TSX: NCM; ASX: NCM) rejected a $17 billion takeover bid from Newmont Mining (TSX: NGT; NYSE: NEM), the two are to discuss a potential deal, Australian Financial Review reported […]

Trump
Finance

‘Another Scandal’: Biden Admin ‘Radicals’ Blocked SVB Sale, Nationalized It, Then Blamed Trump For Collapse

March 14, 2023 Mariel Alumit

Instead of spending taxpayer dollars to nationalize Silicon Valley Bank, a private buyer favored by the Treasury and the Federal Reserve had emerged, only to be nixed by FDIC Chairman Martin Gruenberg, according to the […]

ComEd
EnergyNews

ComEd offers $120M for equity programs as part of Chicago electricity deal

March 14, 2023 Mariel Alumit

​ ComEd would spend up to $120 million in shareholder dollars on clean energy and workforce training in what the utility and other backers call a “ground-breaking” agreement being considered by Chicago’s City Council. The […]

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