A new report argues net zero policies harm the economy, stifling growth, energy supply, and productivity while failing to reduce global emissions. Cutting greenhouse gas emissions was going to save the planet at no cost. […]
Berlin is rapidly reconsidering its nuclear weapons posture. The incoming German government, rattled by the prospect of U.S. President Donald Trump withdrawing security guarantees, is preparing a fundamental readjustment of its defense posture. The new […]
Daily Standup Top Stories Chris Wright Moves to Refill The Strategic Petroleum Reserve March 9, 2025 Clark Savage Many people are curious about the Trump administration’s plans to refill the Strategic Petroleum Reserve (SPR) that was […]
Beijing has opted for defiance instead of flattery. Will the strategy backfire? Analysis By Lili Pike, a reporter at Foreign Policy. Trump’s Second Term Over the past month, through a flurry of phone calls and […]
ENB Pub Note: This is an interesting perspective on the EU energy and financial crisis they are currently facing. Mix this in with Trump’s Tariffs, and you have a recipe for a real problem. Vice […]
Civilian employment at the federal government accounts for less than 1.9% of total payrolls. By Wolf Richter for WOLF STREET. Because it has been the topic in the news for weeks, we’ll talk about civilian employment at the […]
Quantitative Tightening has shed 25% of total assets from peak and 46% of pandemic QE. By Wolf Richter for WOLF STREET. Total assets on the Fed’s balance sheet declined by $54 billion in February, to $6.76 trillion, the […]
Reuters admits net zero goals have failed despite trillions spent on renewables, with energy prices rising and fossil fuels remaining dominant. Wow, who knew that setting insane and arbitrary emission goals to “net zero” would […]
The UK government has revealed that it would be investing $71m to create a major floating wind hub in the Port of Cromarty Firth in Scotland. Offshore wind projects have been deemed crucial to delivering […]
Companies can’t pass on those higher prices? What a bummer. But if they can without losing sales, it’s off to the races. See 2021/2022. By Wolf Richter for WOLF STREET. Nearly every subindex of today’s ISM Services PMI […]
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