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HomeFinancial Crisis

Financial Crisis

Financial Crisis

France Hit By Strikes, Protests Amid Outrage At Hiking Retirement Age To 64

February 3, 2023 Mariel Alumit

French labor unions have been holding several days of mass strikes and protests against raising the retirement age, in a test of the momentum driving defiance to Emmanuel Macron’s signature economic reform… which is hardly […]

Powell
Finance

Powell’s “We Will See” Is Enough For The Markets

February 2, 2023 Mariel Alumit

By Ven Ram, Bloomberg markets live reporter and strategist On Wednesday, Fed Chair Jerome Powell often peppered his answers by intersplicing “Let’s see.” As it turned out, that provided enough comfort for the markets. You […]

Prosperity
Financial Crisis

Here’s How “Prosperity” Ends: Global Bubbles Are Popping

January 31, 2023 Mariel Alumit

Authored by Charles Hugh SMith via OfTwoMinds blog, So here we are: the global credit-asset bubbles are popping, and the illusory “prosperity” generated by the bubbles is about to tumble off a cliff. There are […]

Energy
Finance

Windfall Taxes Sweep Through The Global Energy Sector

January 31, 2023 Mariel Alumit

Authored by Alex Kimani via OilPrice.com, Over the past two years, global energy companies have enjoyed record profits amid high commodity prices, with the International Energy Agency estimating that net income by oil and gas […]

Fed
Finance

Would A Return To Big Fed Rate Cuts Make Things Better Or Worse

January 30, 2023 Mariel Alumit

By Michael Every of Rabobank Stop projecting; and start projecting This week is obviously dominated by the upcoming Fed meeting. On which note, please – stop projecting, at least in one regard. US personal income […]

crisis
Energy Crisis

UK cost-of-living crisis pushes mothers to the brink

January 30, 2023 Mariel Alumit

At an east London church on a bitterly cold winter’s day, Beautine Wester-Okiya picks her way through boxes of donated baby clothes, toys and other assorted items destined for local people battered by the United […]

Recession
Commodities

Wall Street Week Ahead Recession fears pose challenge to energy …

January 28, 2023 Mariel Alumit

NEW YORK, Jan 27 (Reuters) – A potential U.S. recession and tough comparisons to a stellar 2022 are weighing on the prospects of energy stocks delivering an encore to last year’s stunning run, despite valuations […]

global
ENB Pub Note

Here’s What Happens To Society When The System Fails – Energy is the global ingredient for good or bad. 

January 28, 2023 Mariel Alumit

ENB Pub Note: This article is not about the typical nuclear reactor, oil rig, or renewable solar farm. It does shed light on the cause for alarm as the one common denominator for the potential […]

Crude Oil News

A Dollar Collapse Is Now In Motion, Saudi Arabia Signals The End Of ‘Petro’ Status

January 27, 2023 Mariel Alumit

Authored by Brandon Smith via Alt-Market.us, The decline of a currency’s world reserve status is often a long process rife with denials. There are numerous economic “experts” out there that have been dismissing any and […]

Canada
Finance

The First Pause: Bank Of Canada Hikes 25bps As Expected, Will Hold Rates As It “Assesses Impact”

January 25, 2023 Mariel Alumit

The Bank of Canada joined the “one and done” bandwagon moments ago when the central bank hiked rates by 25bps – as expected by most strategists – for an eight consecutive, but also perhaps final […]

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