United Nations Secretary General Antonio Guterres has warned the world that it may be heading towards a “wider war” as the risk of a further escalation of the Russia-Ukraine conflict rises. In a speech to […]
Official figures from the Russian Finance Ministry on Monday show a 35% decline in fiscal budget revenues in January, compared to the same period last year, reporting a ~$24-billion budget deficit for January. The budget […]
Germany is currently mulling reducing its focus on the long hyped ‘green’ initiatives as it scrambles to ramp up lagging defense manufacturing after recently approving a 100 billion euro military revamp in response to the […]
Europe has imposed a ban on Russian diesel fuel and other refined oil products, slashing energy dependency on Moscow and seeking to further crimp the Kremlin’s fossil fuel earnings as punishment for invading Ukraine. Sunday’s […]
WASHINGTON, Feb 3 (Reuters) – The Group of Seven rich nations, the European Union and Australia have set price caps for Russian diesel and other refined petroleum products to keep markets supplied while limiting Moscow’s […]
Authored by Nick Corbishley via NakedCapitalism.com, As the price of everything, including debt, continues to soar, life is getting harder and harder for the UK’s heavily indebted businesses… Business insolvencies in the UK surged by […]
Authored by Alasdair Macleod via GoldMoney.com, In the war between the western alliance and the Asian axis, the media focus is on the Ukrainian battlefield. The real war is in currencies, with Russia capable of […]
While there’s a buzz about hydrogen and its use as a tool in securing a low-carbon future, the vast majority of its production is still based on fossil fuels. Today, an array of sources and […]
Neither the New York Times, the Western experts that writer Ana Swanson cites, nor the IMF can credibly be accused of being “Russian-friendly”, let alone so-called “Russian propagandists” or even “Russian agents”, which thus confirms […]
Authored by Felicity Bradstock via OilPrice.com, Following the passing of the Inflation Reduction Act in the U.S., pressure grew on the EU to introduce its own legislation to help fund the clean energy push on […]
Copyright © 2022 | Sandstone Group