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HomeFinancial Crisis

Financial Crisis

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 […]

carbon pricing
Carbon Credit

German climate boss calls for citizen relief as domestic carbon pricing raises €13 billion

January 8, 2025 Mariel Alumit

  The head of Germany’s Federal Environment Agency (UBA) renewed calls for carbon revenues to be returned to citizens, as the agency announced that the country’s carbon pricing scheme raised €13 billion from heating and […]

inflation
Finance

German inflation climbs even higher than forecast

January 6, 2025 Mariel Alumit

  Germany’s inflation rate rose by more than expected in December, preliminary data released on Monday showed, deepening the country’s economic crisis ahead of snap federal elections next month. The headline inflation rate increased to […]

Big Oil Companies

Biden Eyes Drilling Ban

January 6, 2025 Andy Del Prado

Daily Standup Top Stories German purchases of Russian uranium surge January 4, 2025 Clark Savage ENB Pub Note: I have been talking about Germany’s call for more Russian natural gas, which falls in line with the […]

Trump
Climate Crisis

These Daunting Challenges Await Trump: Debt, Deficits, and Energy Costs

January 4, 2025 Clark Savage

Trump faces monumental fiscal challenges, aiming to cut deficits, boost GDP, and expand oil production amid rising debt and high energy costs.​ The resounding win by Trump and the Republicans in November signaled that the […]

Germany
Finance

Germany facing longest recession ever – Handelsblatt

January 4, 2025 Clark Savage

The EU’s largest economy is expected to shrink for a third consecutive year in 2025, marking the longest downturn since WWII The German economy is on course for its longest post-war recession, with a third […]

Euro
Finance

Euro falls to two-year low against dollar

January 3, 2025 Mariel Alumit

The euro has fallen to its weakest level against the US dollar in more than two years, reaching EUR/USD 1.03. The slump comes amid Germany’s continued economic stagnation and an EU-wide energy crunch. The euro […]

Russian gas transit
Energy Crisis

Kiev faces $1 billion in annual losses after halting Russian gas transit – Reuters

January 3, 2025 Mariel Alumit

Ukraine plans to make up the revenue by raising tariffs on local industries, the news agency has said Ukraine’s decision to cease transit of Russian natural gas to Europe will cost up to $1 billion […]

ENB Pub Note

The Political Consequences Of Ukraine’s Decision To Cut Off Russian Gas To Europe

January 2, 2025 Clark Savage

ENB Pub Note: This article was originally posted on Andrew Korybko’s Substack. While I do not always agree with his analysis, he has excellent viewpoints on many topics. In this article, he brings up excellent […]

U.S. Treasury Department
Cyber Terrorism

U.S. Treasury Department Says Chinese Hackers Breached Systems

January 1, 2025 Clark Savage

The incident closes a year that has seen an uptick in high-profile cyberattacks on the United States. A ‘Major’ Breach The U.S. Treasury Department said on Monday that Chinese state-sponsored actors had hacked into some […]

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