Emmanuel Johnson sees Abuja’s partnership with the group as a way to boost economic growth and geopolitical influence Nigeria’s recent accession to BRICS as a partner state is a major step towards economic revival […]
By Wolf Richter for WOLF STREET. This is about stock prices that get inflated beyond recognition on nothing but wild mania, and when the mania subsides, the stocks collapse and are inducted into our pantheon of Imploded Stocks. […]
BERLIN – Germany’s usually hawkish central bank President, Joachim Nagel, is getting more serious about reforming the country’s constitutional deficit rule, pushing beyond technical changes. Germany’s strict rule for new borrowing, enshrined in the […]
Larry Fink says there is momentum towards the institutional adoption of the crypto currency Bitcoin could reach an astonishing $700,000 if institutional investors allocate between 2% and 5% of their portfolios to the cryptocurrency, […]
Up to 600MBbls/d of new produced water handling capacity to be developed, including up to 400MBbls/d on LandBridge surface Agreement includes a 10-year minimum volume commitment by BPX Energy HOUSTON, Jan. 21 /BusinessWire/ — NDB […]
ESG investments are collapsing as ‘sustainability’ agendas drew criticism for prioritizing politics over innovation and financial performance. “Sustainability” investments became popular a few years back. So-called experts said companies shouldn’t just focus on profit. They […]
Rising borrowing costs and debt levels could trigger a self-reinforcing fiscal crisis, according to Bridgewater Associates’ boss The UK faces significant fiscal risks due to its rising borrowing costs and increasing debt levels, the […]
Daily Standup Top Stories U.S. Sanctions Trigger Russian Oil Exodus January 22, 2025 Mariel Alumit New US sanctions have led to a significant reduction in Russian oil exports as traders halt offers. Indian refiners, including Bharat […]
We’re in the 4th cycle of the subprime profit motive after auto-loan securitizations became a thing in the early 1990s.
Major US and Canadian banks have withdrawn from the Net-Zero Banking Alliance following pressure from Republican-led states and the election of President Trump. BlackRock, the world’s largest asset manager, has also left the Net Zero […]
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