LNG imports rose by 39.8 percent year-on-year to 25.2 TWh in March and accounted for 71.8 percent of the total gas imports, according to the preliminary monthly report by LNG terminal operator Enagas. Imports also […]
Global supply chain managers are having to contend with more blanked container sailings as the world’s top two economies show no sign of giving ground in an escalating trade war. China responded today to US […]
Beijing is seeking new deals elsewhere to weather the storm, but some countries are opting out for fear of angering the White House. Report By Alexandra Sharp, the World Brief writer at Foreign Policy. U.S. […]
Congress is probing green groups and Biden officials over a secretive deal that shut down historic ranches in Point Reyes for ‘climate’ reasons. A top House panel that oversees public land policies is investigating five […]
Worst food inflation since 2022. Worst housing inflation in months. But plunging prices for lodging, rental cars, and airfares are interesting. By Wolf Richter for WOLF STREET. In the Consumer Price Index today, month-to-month inflation accelerated further for […]
The about-face appeared to surprise senior White House advisors but rallied global stock markets. World Brief By Alexandra Sharp, the World Brief writer at Foreign Policy. Tariff Reversal U.S. President Donald Trump’s new reciprocal tariffs […]
The huge spike, following the selloff, evokes further parallels with the Dotcom Bust and Financial Crisis crash, in the middle of which similar spikes occurred. By Wolf Richter for WOLF STREET. Stock prices now reflect what the President […]
ENB Pub Note: This is not good for China, and I applaud President Trump for standing up to China and trying to rightsize the trade imbalance. While James Palmer at the Foreign Policy outlines several […]
Houston, Dallas-Fort Worth, Austin, San Antonio: Even as sales plunge, vacant homes pile on the market that were held off the market during Covid. By Wolf Richter for WOLF STREET. The inventory of vacant homes is coming out […]
Oil prices have crashed to their lowest point since 2021 due to the escalating US-China trade war. Analysts fear the trade war will lead to a global recession, significantly reducing oil demand. The oil price […]
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