According to a survey by Cambridge University and YouGov, unfavorable views of China have reached new highs in many countries. As Statista’s Katharina Buchholz reports, out of 26 countries surveyed, negative views of China prevailed […]
Authored by Mike Shedlock via MishTalk.com, Consumer spending hit a brick wall in the US, EU, UK and Australia. Guess what that means… Is the global consumer starting to capitulate? Not Just EU What About […]
The Russia-Ukraine war highlighted how geopolitical risk can up-end supply chains and weaponize trade. More precisely, the war led to trade sanctions, a food crisis, and energy shortages. In this graphic from The Hinrich Foundation, […]
A recent study published in the journal Nature Climate Change found that countries phasing coal out of the electricity sector need to broaden their policy strategy, or else they risk pushing the excess coal supply […]
Copper price rose on Wednesday as investors saw comments by Federal Reserve Chair Jerome Powell as less hawkish. Copper for delivery in March rose on the Comex market in New York, touching $4.11 per pound […]
Chinese state-owned television aired footage of a high-altitude balloon dropping hypersonic weapons in 2018. China tested hypersonic glide vehicles dropped from a balloon in 2018, according to Chinese state broadcaster CCTV. (Screenshot via Chinese social […]
BP Plc said it will cut oil and gas output more slowly this decade after the supply disruption caused by Russia’s invasion of Ukraine boosted prices and delivered record profits. While the British company said […]
Oil rallied as Saudi Arabia signaled confidence in the demand outlook with a surprise boost in crude prices, while investors awaited comments on monetary policy from Federal Reserve Chair Jerome Powell. West Texas Intermediate futures […]
The SNP and Greens are being held responsible for a damning incident that led to fossil fuels being used to run a number of wind turbines in Scotland. Despite the environmentally friendly credentials of turbines being lorded by ministers, ScottishPower has […]
The current Brent oil price is just about the level at which Saudi Arabia breaks even from a fiscal perspective and it is way lower than Russia’s fiscal breakeven oil price. It is certain that […]
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