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HomeFinance

Finance

Russia killing German companies
Finance

Sanctions on Russia killing German companies – chancellor candidate

January 13, 2025 Mariel Alumit

The economic restrictions placed on Moscow have nothing to do with peace or morality, Sahra Wagenknecht has said Western sanctions imposed on Russia are “killing” German companies and enriching the American economy, Sahra Wagenknecht, the leader […]

Spanish LNG imports
Finance

Spanish LNG imports dip

January 13, 2025 Mariel Alumit

LNG imports decreased by 8.9 percent year-on-year to 13.6 TWh in December and accounted for 55.3 percent of the total gas imports. Including pipeline imports from Algeria (9.76 TWh), France, and Portugal, gas imports to […]

BRICS
BRICS

Uganda partners with BRICS to boost investment and innovation – official

January 13, 2025 Mariel Alumit

  John Mulimba has highlighted the transformative potential of group membership for the East African nation’s growth Uganda officially became a BRICS partner state on January 1, 2025, a development expected to unlock investment opportunities […]

Housing
Finance

The Most Splendid Housing Bubbles in America, Dec 2024: In 21 of the 33 Metros, Prices Have Now Dropped Below 2022 Peaks

January 12, 2025 Stu Turley

State of housing markets in New York, Los Angeles, San Diego, San Francisco, San Jose, Chicago, Dallas-Ft. Worth, Houston, Washington D.C., Philadelphia, Miami, Atlanta, Boston, Phoenix, Seattle, Tampa, Denver, Baltimore, Charlotte, Portland, Austin, Las Vegas, […]

California
Climate Crisis

California’s Record Rainfall Wasted Because Storage Infrastructure Was Never Built

January 12, 2025 Clark Savage

California’s outdated water policies and political mismanagement are fueling LA fires, critics say, and blame Newsom’s environmental focus over solutions. California does not have a water shortage, yet firefighters battling the brutal fires across Los […]

Constellation Energy to Buy Calpine in $16.4 Billion Deal
Finance

Constellation Energy to Buy Calpine in $16.4 Billion Deal

January 11, 2025 Clark Savage

Constellation Energy, the biggest owner of U.S. nuclear power plants, will buy Calpine in a cash and stock deal valued at an equity purchase price of about $16.4 billion to create America’s largest clean energy […]

Treasury
Finance

Treasury Yield Curve Steepens, as Long-Term Yields Coddle Up to 5% while Short-Term Yields Stay Put, Not Seeing Any Rate Cuts. Mortgage Rates Rise to 7.24%

January 11, 2025 Clark Savage

30-year Treasury bonds sold at auction on Friday at highest yield in at least 16 years despite Fed’s 100 basis points in rate cuts. Since the Fed’s 100 basis points in rate cuts, the 10-year […]

Green Deal
Energy Crisis

Most Czechs believe EU Green Deal will lead to increase in energy prices

January 10, 2025 Mariel Alumit

  PRAGUE – The Green Deal is contributing to disproportionate increases in energy costs, according to 71% of Czechs surveyed for a new study published on Thursday. The survey results come as the Green Deal […]

Bulgaria
Finance

Economic forecasts optimistic as Bulgaria moves closer to joining eurozone

January 10, 2025 Mariel Alumit

  Bulgarian exports are expected to grow by 5.8% annually after the country joins the eurozone, according to an analysis released on Wednesday by trade credit insurer Allianz Trade. According to the analysis cited by […]

Bond Market
Finance

“Bond Market Rout” in the UK (like in the US) Only Pushes the 10-Year Yield into Low End of Old Normal after Many Years of Interest Rate Repression

January 9, 2025 Stu Turley

A normal cost of capital is a form of much-needed discipline for governments and investors, after years of free money turned their brains to mush. By Wolf Richter for WOLF STREET. The 10-year yield of UK government securities […]

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