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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

Used-Vehicle
Finance

Used-Vehicle Prices Turn into Inflation Headwind, after Historic 2-Year Plunge Helped Power the “Deceleration” of Core CPI

December 7, 2024 Mariel Alumit

Prices are rising again, amid tight supply, sharply reduced flow through the used-vehicle pipeline, and strong demand. By Wolf Richter for WOLF STREET. Prices of used vehicle sold at auctions across the US jumped by 1.3% in November […]

Russian bank
Finance

EU countries pushing back against US sanctions on Russian bank – Bloomberg

December 7, 2024 Mariel Alumit

The latest American restrictions cut off the last way for the bloc to pay Moscow for gas supplies The EU is pressuring the US to ease sanctions on Russia’s Gazprombank, which until recently was used […]

Forget Short-Term Noise: Oil Prices Are All About the Long-Term Trend
Crude Oil News

Morgan Stanley Raises Brent Oil Forecast for Late 2025 After OPEC+ Move

December 6, 2024 Mariel Alumit

OPEC+ postponed the start of increasing oil production, tightening the market supply and potentially leading to higher prices. Morgan Stanley revised its Brent crude price forecast to $70 per barrel for the second half of […]

Extreme Weather
Climate Crisis

Ignore The Media Fervor: Extreme Weather And Climate Deaths Aren’t Getting Worse

December 6, 2024 Mariel Alumit

Contrary to some claims, extreme weather events haven’t increased or gotten worse and climate deaths have plummeted since the 1900s.​ A recent article from The Conversation (TC), titled “COP29: Climate change could kill millions and […]

Mercedes-Benz
Electric Vehicles

Revolutionary! Mercedes-Benz solar paint could mean Australians never have to plug their EVs in again

December 6, 2024 Mariel Alumit

Mercedes-Benz has developed groundbreaking new solar paint that could provide all the energy Australians will ever need for their daily motoring. And the tech could be introduced within five-to-10 years. Revealing the tech recently in […]

DOE
Climate Crisis

GOP Reps Demand DOE Stop Issuing Green Loans Amid ‘Lame-Duck Spending Bonanza’

December 6, 2024 Mariel Alumit

Republicans urge DOE to halt green tech loans amid rush to distribute $25B before Trump’s inauguration, citing risks and lack of due diligence.​ Republicans on the House Energy and Commerce Committee are demanding that the […]

Africa
Climate Crisis

Biden’s Green Colonialism Sends Billions To Africa As Americans Suffer At Home

December 6, 2024 Mariel Alumit

Biden’s billions for foreign disasters and green energy spark outrage as Americans struggle to live in pop-up tents after Hurricane Helene. We reported on Tuesday about how Joe Biden said that he was giving Africa […]

Salvini
Climate Crisis

Italy’s Salvini warns of economic suicide over plans to overhaul EU car emission limits

December 6, 2024 Mariel Alumit

  Italian Deputy Prime Minister and Infrastructure Minister Matteo Salvini strongly criticised the European Union’s plan to ban the sale of cars with internal combustion engines by 2035, calling it economic suicide that would only […]

Gazprombank
Finance

Foreign clients of Russian gas feel the heat of US Gazprombank sanctions

December 6, 2024 Mariel Alumit

  Russian President Vladimir Putin cancelled the option for buyers of Russian gas to convert currency into roubles at Gazprombank, a presidential decree showed on Thursday (5 December), complicating the payments process as buyers must […]

LNG
Exports

US weekly LNG exports reach 26 cargoes

December 6, 2024 Mariel Alumit

The agency said in its weekly report, citing shipping data provided by Bloomberg Finance, that the total capacity of these 26 LNG vessels is 98 Bcf. The EIA did not release the report last week […]

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