Exxon Mobil has reported a net income attributable to shareholders of $19.7bn for the third quarter of 2022, compared to $6.75bn a year ago, benefiting from rising energy prices. The company said its profit was boosted by the […]
In this brief yet engaging discussion with Jim Lewis and Ivan Bayoukhi of Wall Street Silver, Matterhorn Asset Management principal, Matthew Piepenburg, addresses further evidence of the U.S. Fed’s undeniable distortion of basic capitalism, social […]
Despite the fanfare surrounding wind and solar, the world’s dependency on fossil fuels is increasing. Last week, Saudi Aramco CEO Amin Nasser said that the world is now “transitioning to coal.” Saad al-Kaabi, Energy Minister […]
Authored by Egon von Greyerz via GoldSwitzerland.com, A Lehman squared moment is approaching with Swiss banks and UK pension funds under severe pressure. But let’s first look at another circus – The global travelling circus […]
Earlier this month, Lebanon and Israel came to an agreement over their maritime border that will open up natural gas fields to both countries and improve stability in the region. With the world dealing with […]
The past few months have been rough for the United Kingdom. Energy prices are soaring. National inflation has breached double digits. The longest-serving British monarch has died. The shortest-serving prime minister has quit. You probably […]
Last week, DB’s Jim Reid published a note looking at what normally happens next, when inflation hits 8% through history using 50 DM and EM countries, around 320 unique observations, and covering up to a […]
London had previously pledged to phase out purchases of Russian oil by the end of 2022 The United Kingdom will halt shipments of liquefied natural gas (LNG) from Russia as early as January, the Foreign […]
Germany, considered Europe’s most reliable debtor, is having trouble selling its bonds, just as it seeks billions to tackle the energy crisis. Recent weak auctions have demonstrated the challenges of issuing debt in markets racked […]
During the first nine months of 2022 Europe’s LNG imports from Russia increased by 50 percent. Some EU countries that previously did not import any or only small quantities of natural gas from Russia now […]
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