The world’s biggest sovereign wealth fund, Norway’s $1.8 trillion oil fund, will buy 49% in two offshore wind farm developments of RWE for a total of $1.5 billion (1.4 billion euros), the fund’s manager, Norges […]
The surge of the “nontraditional reserve currencies.”
Wolf Richter with Adam Taggart on Thoughtful Money. Recorded on March 20. Here is one of my articles, published on March 14, that discusses in detail what I talked about in the interview… “We’re focused […]
President Trump is using the threat of tariffs to pressure countries to increase their imports of U.S. LNG. Several countries, particularly in Asia, are responding by pursuing new LNG deals with the U.S. to avoid […]
In Europe, firms face lawsuits for not being green enough, while in the U.S., banks and asset managers are sued for pushing climate goals too hard. The biggest bank in the Netherlands is being sued […]
Weekly Daily Standup Top Stories The UK’s Heathrow Power Outage sheds light on Net Zero Policies March 21, 2025 Clark Savage Net Zero has forced global financial and companies to become carbon-neutral. But the why is […]
Greed may not kill, but it does have a way of clouding one’s judgment. By John E. McNellis, at real estate developer McNellis Partners: This is a true story. A well-to-do investor—let’s call him Sam—owns a charming […]
Core PCE price index jumps MoM by most in 13 months on Non-Housing Services. Recreational Services blow out. Durable Goods continue 6-month trip out of deflation. By Wolf Richter for WOLF STREET. The inflation measure released today – […]
Oil headed for a third weekly advance as the market braces for more tariffs from the Trump administration. Brent traded near $74 a barrel after closing 0.3% higher on Thursday, while West Texas Intermediate was close […]
ENB Pub Note: This article, written by Alexandra Sharp, has some interesting data points. I, for one, am behind President Trump’s tariff right sizing. It is interesting to get a global view of the impact […]
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