Authored by Daniel Lacalle via The Mises Institute, More than ninety central banks worldwide are increasing interest rates. Bloomberg predicts that by mid-2023, the global policy rate, calculated as the average of major central banks’ […]
The International Monetary Fund has approved a deal that will provide a $3bn support package to cash-strapped Egypt over almost four years, with the agreement expected to draw in an additional $14bn in financing for […]
Germany’s gas reserves are emptying at record speed: 1% per day as the current wind/solar energy lull means more gas gets burned for electricity, heating. Pleiteticker.de here reports how Germany’s natural gas reserves “are emptying at […]
Russian forces fired dozens of missiles across Ukraine on Friday, triggering widespread power outages, Ukrainian officials said. Gunfire from air defence systems and thudding explosions combined with the wail of air-raid sirens as the barrage […]
Will 2023 be a year when extremely destructive conflicts erupt all over the world? We are certainly already living in a time of “wars and rumors of wars”, and tensions are approaching the boiling point […]
The market may have been too quick to dismiss the impact of European oil price cap on Russian oil. Assuming that the latest G-7 attempt to limit Russian oil revenues were one big nothingburger – […]
It’s no secret that international trade is still reeling from the COVID-19 pandemic, the war in Ukraine, and the energy and monetary problems both have caused. But a recent episode involving Turkey and its Black […]
ENB Pub Note: 2 years ago I had published articles and podcasts that had preliminary data showing the more we invested in renewable, the more fossil fuels we would use. Getting articles and screenshots. This […]
Last week the US Embassy in Lithuania announced the Pentagon plans to step up troop deployments in the Baltic states, taking what was previously categorized as “episodic” troop deployments and turning toward a “persistent rotational […]
China’s natural gas imports are set for a 7-percent rise next year as the country reopens after Covid lockdowns, which could aggravate an already tight supply situation globally. The 7-percent import increase forecast was made […]
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