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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

Geopolitical

China To Host Major Middle East Summit After ‘Success’ Of Iran-Saudi Deal

March 13, 2023 Mariel Alumit

Via The Cradle, A high-level gathering of Gulf Arab states and Iranian officials is on track to take place later this year in the Chinese capital Beijing, according to sources that spoke with the Wall […]

Market
Finance

Stock Market Finds Silver Lining As Banking Woes Stir Bonds, Other Markets

March 13, 2023 Mariel Alumit

Stock market indexes fought back from session lows and closed mixed Monday, as investors tried to figure out if some good will come out of the stock market’s nervous moment. The Nasdaq and S&P 500 […]

Finance

Hudson: Why The Banking System Is Breaking Up

March 13, 2023 Mariel Alumit

Authored by Michael Hudson, The collapses of Silvergate and Silicon Valley Bank are like icebergs calving off from the Antarctic glacier. The financial analogy to the global warming causing this collapse of supporting shelving is […]

Silver
Finance

Silver price jumps as SVB collapse spurs flight to safety

March 13, 2023 Mariel Alumit

​ Silver prices surged on Monday as its safe-haven appeal drew in investors spooked by the collapse of Silicon Valley Bank. The metal advanced 6.3% to $21.81 per ounce during the morning session. “A lot […]

Crude Oil News

Saudi giant’s profit skyrockets to whopping $161.1 bln with oil and gas seen as ‘essential’ in energy arsenal

March 13, 2023 Mariel Alumit

Photo: Aramco Back to overview Home Fossil Energy Saudi giant’s profit skyrockets to whopping $161.1 bln with oil & gas seen as ‘essential’ in energy arsenal PremiumAramco March 13, 2023, by Melisa Cavcic Saudi state-owned […]

Oil
Crude Oil News

Alaska’s Willow Oil Project is Controversial. Here’s Why

March 13, 2023 Mariel Alumit

JUNEAU, Alaska (AP) — The Biden administration is approving a major oil project on Alaska’s petroleum-rich North Slope that supporters say represents an economic lifeline for Indigenous communities in the region but environmentalists say is […]

Electra
Rare Earth Minerals

Electra produces lithium from battery recycling trial

March 13, 2023 Mariel Alumit

​ Electra Battery Materials (NASDAQ: ELBM; TSX.V: ELBM) successfully recovered lithium, in its black mass recycling trial, conducted at its refinery north of Toronto. Lithium is a critical mineral needed for the electric vehicle (EV) […]

Gold
Finance

Gold price surges as SVB fiasco propels investors to safe havens

March 13, 2023 Mariel Alumit

​ Gold prices surged on Monday as the metal’s safe-haven appeal drew in investors spooked by the collapse of Silicon Valley Bank, with the crisis also sparking hopes the US Federal Reserve would have to […]

Gold
International News

Wesdome Gold stock rises on updated reserve and resource estimates at Canadian mines

March 13, 2023 Mariel Alumit

​ Wesdome Gold Mines (TSX: WDO) has provided updated mineral resource and reserve estimates for its two underground assets: the 100% owned Kiena mine complex in Val d’Or, Quebec, and the Eagle River mine near […]

Crude Oil News

China flexes muscles in Latin America in latest security challenge to US

March 13, 2023 Mariel Alumit

Over the past two decades, China has ramped up its economic ties with nations across Latin America, but it is China’s rising influence in the region that has Washington increasingly concerned. The growing threat China poses to […]

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