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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

US Banking System
Bankruptcy

$517,000,000,000 in Unrealized Losses Hit US Banking System, FDIC Says 63 Lenders on Brink of Insolvency

June 5, 2024 Mariel Alumit

Unrealized losses in the US banking system are once again on the rise, according to new numbers from the Federal Deposit Insurance Corporation (FDIC). In its Quarterly Banking Profile report, the FDIC says banks are now saddled […]

Maine
Agriculture

As sprawl threatens farmland, proposed Maine rules single out just one competing land use: solar

June 5, 2024 Mariel Alumit

  Solar developers will pay a premium to build projects on prime farmland under new rules in the works in Maine. The state Department of Agriculture, Conservation and Forestry is drafting the rules based on […]

EU
Exports

EU must extend Russia sanctions for US to lend Ukraine $50bn – FT

June 5, 2024 Mariel Alumit

  Washington wants Moscow’s sovereign assets held in the bloc to be frozen indefinitely, the outlet has learned Washington is ready to lend Kiev $50 billion, to be repaid with profits generated from frozen Russian […]

Argentine beef
Climate Crisis

Argentine beef sector takes steps to meet new EU import rules on deforestation

June 5, 2024 Mariel Alumit

  Argentina unveiled its first certification scheme for deforestation-free beef to European Union authorities in Brussels on Tuesday (3 June), as the country prepares for a new EU law targeting imports linked to deforestation. The […]

QatarEnergy
Exports

QatarEnergy seals 27-year LNG supply deal with Taiwan’s CPC

June 5, 2024 Mariel Alumit

State-owned QatarEnergy and Taiwan’s CPC signed a 27-year sale and purchase deal for the supply of liquefied natural gas (LNG) from Qatar’s North Field East (NFE) expansion project. CPC will also take a stake in […]

Baltimore port
Coal

Baltimore port expected to open full main shipping channel this weekend

June 5, 2024 Mariel Alumit

The full 213 m wide main shipping channel into Baltimore port will open this weekend some 75 days since the 9,962 teu Dali containership lost power, slammed into a bridge and cut off operations at […]

Turkmenistan
International News

Erdogan Says Turkmenistan Could Soon Begin Gas Exports to Turkey and Europe

June 4, 2024 Mariel Alumit

Turkmenistan could soon begin exporting natural gas to Turkey and then Europe via the expanded Trans Anatolian Natural Gas Pipeline Project (TANAP), Turkey’s President Recep Tayyip Erdogan was quoted as saying on Tuesday. Turkmenistan, rich […]

Big-Tech
AI

The Big-Tech Clean Energy Crunch Is Here

June 4, 2024 Mariel Alumit

Big Tech’s appetite for energy is just about visible from the east coast of Scotland. Some 12 miles out to sea sits a wind farm, where each of the 60 giant turbines has blades roughly […]

CYBER SECURITY
Electric Vehicles

POWER AND TENSION: THE CYBER SECURITY PROBLEMS OF MILITARY ELECTRIFICATION

June 4, 2024 Mariel Alumit

What would it take for someone to hack a tank? Modern Western militaries may well be about to find out. The militaries of the United States, Germany, France, the United Kingdom, Australia, and other powers are contemplating the gradual introduction […]

Net-Zero
Climate Crisis

Europe’s Net-Zero Ambitions Face Reality Check

June 4, 2024 Mariel Alumit

EU’s clean tech spending lags behind China and the US, with China investing $390 billion in 2023 compared to the EU’s $125 billion The US’ Inflation Reduction Act is expected to boost clean energy investments, […]

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