The surge in fossil fuel prices last year made renewable energy sources more competitive, with 86% of all new installed renewable capacity exhibiting lower costs in 2022 compared to electricity powered by fossil fuels, the […]
BENGALURU, India— In early 2020, as the pandemic was shutting down global commerce, a Pennsylvania company was having trouble getting its usual steel parts out of China. It stumbled on another possible option—in India. Zetwerk, […]
Daily Standup Top Stories Made in Germany, fuelled in America August 28, 2023 Mariel Alumit European gas futures predictably relinquished recent gains as fears of Australian LNG strikes receded after Woodside Energy struck a tentative deal […]
Crescent Point Energy Corp. is selling its North Dakota assets for $500 million to an undisclosed private operator. In the second quarter of 2023, the assets had gross production of approximately 23,500 barrels of oil […]
The Treasury’s deluge of T-bills could force the Federal Reserve to halt quantitative tightening. That’s as the debt binge may pressure bank reserves, economists at the St. Louis Fed wrote. The Treasury has issued $1 […]
ENB Pub Note: An excellent overview of the BRICS expansion. It is clear that the new members are a solidification of the BRICS Bank and the global financial model changing. The other Geopolitical implications are […]
The original BRICS economic alliance between Brazil, Russia, India, China and South Africa has expanded today. During the summit held in South Africa, the group which is home to about 40% of the world’s population […]
By Michael Every of Rabobank History, some say, is “Just one damned thing after another.” So is most financial markets coverage, just with post hoc ergo propter hoc. Yet serious historians look for patterns; Marxists […]
The five-nation BRICS group announced expansion of members on Thursday, having invited six countries to join the bloc. South African President Cyril Ramaphosa, who is hosting the group’s summit in Johannesburg, said that Argentina, Egypt, […]
Authored by Alasdair Macleod via GoldMoney.com, Globally, further falls in consumer price inflation are now unlikely and there are yet further interest rate increases to come. Bond yields are already on the rise, and a […]
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