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HomeFinancial Crisis

Financial Crisis

Crypto

Daily Energy Standup Episode #82- Biden has 30% Crypto Electricity Tax – UK ‘to class nuclear as environmentally sustainable’ – Kevin O’Leary Says Avoid Bank Stocks and Buy Energy Instead.

March 16, 2023 Mariel Alumit

Daily Standup Top Stories Biden’s 30% Crypto Electricity Tax May Be Too Blunt A Solution CRYPTO March 15, 2023 In his latest budget for Fiscal Year 2024, President Biden has proposed a new tax on electricity use […]

cleantech
EnergyNews

Inside cleantech’s financial crisis

March 15, 2023 Mariel Alumit

? Hello and welcome to Energy News Weekly! Today, we’re breaking down the collapse of Silicon Valley Bank and what it means for the climate tech startups and community solar financers that depended on it. […]

Stock
Crude Oil News

Stock Market Off Lows Despite Contagion Fears; Gold Climbs While Crude Oil Plummets

March 15, 2023 Mariel Alumit

Stock market indexes headed sharply lower in the first half of Wednesday’s session, sending bottom-fishers back to their caves after Tuesday’s short-covering rally. Big Tech outperformed in a “not a bank” bid, leading a late […]

Bank
Finance

Swiss National Bank Issues Statement: Will Provide Liquidity If Necessary

March 15, 2023 Mariel Alumit

Saudis fold – refuse to throw any more money at Credit Suisse Credit Suisse stock hits record low Credit Suisse 1Y CDS explodes as counterparty risk hedging soars Credit Suisse execs urged a “show of […]

EnergyNews

U.S. natgas drops over 5% on banking rout-led risk selloff

March 15, 2023 Mariel Alumit

Front-month gas futures for April delivery dropped for a second-straight session, slipping 14.5 cents, or 5.6%, to $2.428 per million British thermal units at 10:42 am EDT (1442 GMT). “Concerns about the banking sector and […]

Bankruptcy

Timeline: How US gov’t scrambled as Silicon Valley Bank collapsed

March 15, 2023 Mariel Alumit

The United States government launched emergency measures at the weekend to shore up confidence in the banking system after the failure of Silicon Valley Bank (SVB), the largest bank collapse since the 2008 financial crisis. […]

Finance

Moody’s cuts outlook on U.S. banking system to negative, citing ‘rapidly deteriorating operating environment’

March 15, 2023 Mariel Alumit

In a harsh blow to an already-reeling sector, Moody’s Investors Service cut its view on the entire banking system to negative from stable. The firm, part of the big three rating services, said Monday it […]

Finance

Inflation in Argentina surges past 100 percent in historic spike

March 14, 2023 Mariel Alumit

Inflation in the South American country of Argentina has risen past 100 percent for the first time since 1991, according to the government’s latest consumer price index. The National Institute of Statistics and Census (INDEC) […]

Trump
Finance

‘Another Scandal’: Biden Admin ‘Radicals’ Blocked SVB Sale, Nationalized It, Then Blamed Trump For Collapse

March 14, 2023 Mariel Alumit

Instead of spending taxpayer dollars to nationalize Silicon Valley Bank, a private buyer favored by the Treasury and the Federal Reserve had emerged, only to be nixed by FDIC Chairman Martin Gruenberg, according to the […]

ESG
ESG

Woke ESG standards didn’t help SVB, FTX, or Norfolk Southern

March 14, 2023 Mariel Alumit

Video-sharing platform Rumble recently announced that it has no intention of pursuing environmental, social, and governance , or ESG, standards, a catchall term that refers to corporations pursuing liberal goals when it comes to climate change , race, and […]

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