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Offshore
Offshore

US Offshore Wind Sector Faces Key Test After Weak Gulf Auction

August 30, 2023 Mariel Alumit

The low interest in the first-ever auction of offshore wind farm development rights in the Gulf of Mexico marks a potentially serious setback for U.S. President Joe Biden’s green energy agenda, and the U.S. offshore […]

Financial Crisis

Purchasing Power Of Homebuyers Has Taken A Big Hit

August 30, 2023 Mariel Alumit

Redfin’s latest report reveals that skyrocketing mortgage rates, the highest in twenty years, have dramatically eroded the purchasing power of homebuyers over the past 18 months. A homebuyer on a $3,000 monthly budget can only […]

debt
Finance

US debt explosion may force the Fed to halt a key tightening campaign so the financial system doesn’t become unstable

August 28, 2023 Mariel Alumit

The Treasury’s deluge of T-bills could force the Federal Reserve to halt quantitative tightening. That’s as the debt binge may pressure bank reserves, economists at the St. Louis Fed wrote. The Treasury has issued $1 […]

Geopolitical

Kim Oversees Cruise Missile Test From Warship In Response To US Drills

August 22, 2023 Mariel Alumit

Days after the US, Japan, and South Korea sealed a new three-way security pact at a summit overseen by President Biden at Camp David, North Korea has ‘answered’ it with a fresh missile test Monday. […]

US
Finance

More Than Half Of Small Businesses Believe The US Is Already In Recession

August 22, 2023 Mariel Alumit

Sorry economic miracle that is “Bidenomics” but the people just don’t buy it. According to the latest NFIB survey released on Monday, more than half of US small business owners believe the economy is already […]

clean energy
Carbon Capture

US to invest $1.2 bn on facilities to pull carbon from air -How do you measure the ROI?

August 12, 2023 Mariel Alumit

The US government said Friday it will spend up to $1.2 billion for two pioneering facilities to vacuum carbon out of the air, a historic gamble on a still developing technology to combat global warming […]

Energy Tech

US scientists achieve net energy gain in fusion reaction for second time

August 7, 2023 Mariel Alumit

NewsClimate Crisis Scientists in the United States have achieved net energy gain in a fusion reaction for the second time since December in efforts to find a clean source of energy, according to the Lawrence […]

Zero Edge

US Reaper Drone “Severely Damaged” By Russian Jet Intercept Over Syria

July 25, 2023 Mariel Alumit

The Pentagon has announced a new major incident involving Russia over the skies of Syria, after a string of hostile close encounters between Russian fighter jets and US drones which were ostensibly conducting ‘counter-ISIS’ missions. […]

Zero Edge

US Industrial Production Posts First Annual Decline In 28 Months

July 18, 2023 Mariel Alumit

After an unexpected decline in May, US Industrial Production was expected to show no change in June as ‘hard’ manufacturing data begins to match the ‘soft’ survey collapse. However, things were considerably worse than expected […]

Aljazeera International

US groups demand Abu Akleh probe via Justice for Shireen Act

July 18, 2023 Mariel Alumit

Washington, DC – Rights groups in the United States are urging Congress to pass a bill that would require the US government to investigate the killing of Al Jazeera journalist Shireen Abu Akleh by Israeli […]

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