Category: Business

Saudis Confirm Non-Dollar Oil Trade Plans In Davos
20. 1. 2023 No Responses

Saudis Confirm Non-Dollar Oil Trade Plans In Davos

Earlier this month, former NY Fed repo guru Zoltan Pozsar wrote one of his most important reports of 2022, in which he described how Putin could unleash hell on the Western financial system by demanding that instead of dollars, Russian oil exporters...
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EU again postpones final vote on crypto-crackdown bill
19. 1. 2023 No Responses

EU again postpones final vote on crypto-crackdown bill

The final vote on the European Union’s (EU) much-awaited set of crypto rules, known as the Markets in Crypto Assets regulation (MiCA), was deferred to April 2023. It marks the second delay in the final vote, which was previously postponed from...
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Report Says 500 Advertisers Paused Spending At Twitter, Daily Revenue Plunges 40%
18. 1. 2023 No Responses

Report Says 500 Advertisers Paused Spending At Twitter, Daily Revenue Plunges 40%

Khazarian Criminal Syndicate is very powerful octopus and thy don’t like freedom of speech. Questions are swirling about the health of Twitter Inc.’s ad business. Since taking over Twitter, Elon Musk has faced an exodus of executives and advertiser...
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Jordan bought 12 Block 70 F-16s from Lockheed Martin
17. 1. 2023 No Responses

Jordan bought 12 Block 70 F-16s from Lockheed Martin

The US State Department approved the deal in February, saying the planes and associated equipment would cost some $4.21 billion. The Royal Jordanian Air Force (RJAF) Command has signed a deal to buy 12 Block 70 F-16 fighter jets from...
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Natural Gas Pipeline Connecting Lithuania And Latvia Was Rocked By An Explosion
13. 1. 2023 No Responses

Natural Gas Pipeline Connecting Lithuania And Latvia Was Rocked By An Explosion

On Friday at around 5pm an explosion occurred in the Amber Grid gas pipeline in Pasvalys district. According to initial data, no people were injured. The explosion took place away from residential buildings. The fire is being extinguished by the...
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Freeport LNG Denies Reuters Report
12. 1. 2023 No Responses

Freeport LNG Denies Reuters Report

Freeport LNG has denied a Reuters report citing unnamed sources as saying that the restart of its Texas facility will be pushed back to February due to regulatory approval issues. On Wednesday, Reuters published a story citing three unnamed sources as saying...
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Pentagon Drops COVID-19 Vaccine Mandate For Troops
11. 1. 2023 No Responses

Pentagon Drops COVID-19 Vaccine Mandate For Troops

More than 8,400 troops were forced out of the military for refusing the dangerous jab. After football players, basketball players and sports commentators drop like bowling pins every day on live TV watch, Department of Defense (Pentagon) announced on Tuesday.....
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Russia Restores Output At Sakhalin-1 Oil Project After Exxon Exit
10. 1. 2023 No Responses

Russia Restores Output At Sakhalin-1 Oil Project After Exxon Exit

Russia has ramped up oil production from the Sakhalin-1 project and expects the field to soon pump at the full level of 220,000 barrels per day (bpd) after the project’s previous operator, U.S. supermajor ExxonMobil, quit Russian operations, an industry...
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Dozen Dead, Over 100,000 Without Power In California
9. 1. 2023 No Responses

Dozen Dead, Over 100,000 Without Power In California

A moisture conveyor belt of atmospheric rivers continues to pound storm-battered California as the latest system could be the most severe yet. Power outages plague Northern California, as a dozen people have died across the Golden State in the last two weeks...
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Rumor: Challenger 2 tanks for Ukraine
8. 1. 2023 No Responses

Rumor: Challenger 2 tanks for Ukraine

As another escalation and another extension of the war by several hours up to 10 Challenger 2 MBTs will be considered by the UK for supply to Ukraine. This will be the first time Western tanks have entered the war...
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China’s Petro-Yuan Ambitions
7. 1. 2023 No Responses

China’s Petro-Yuan Ambitions

Credit Suisse’s Zoltan Pozsar said the de-dollarization of the global oil industry is in full swing–even if we can’t see the final end game from here. Some 40% of proven oil reserves belonging to OPEC+ members is owned by Russia,...
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FDA approves controversial new Alzheimer’s drug
6. 1. 2023 No Responses

FDA approves controversial new Alzheimer’s drug

The US Food and Drug Administration (FDA) on Friday approved a highly anticipated new drug designed to slow cognitive decline in patients in mild and early stages of Alzheimer’s disease. The FDA approval of the drug, Leqembi, also known as lecanemab, comes...
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Baltic Index Crashes Most On Record
5. 1. 2023 No Responses

Baltic Index Crashes Most On Record

The Baltic Exchange’s dry bulk sea freight index crashed on Tuesday in the worst decline on record, sinking on prospects of a global recession. Baltic Dry Good Index is a measure of global shipping and economic health. The overall index,...
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88% Of New Cars Sold In Norway Are EVs And PHEV
4. 1. 2023 No Responses

88% Of New Cars Sold In Norway Are EVs And PHEV

According to the Norwegian Road Federation (OFV), electric cars accounted for 79 percent of new passenger car registrations in 2022, and 87 percent when including plug-in hybrids. For some contrast in the United States, electric vehicles excluding hybrids ac...
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ExxonMobil Sues EU Over Investment-Destroying Windfall Profit Tax
29. 12. 2022 No Responses

ExxonMobil Sues EU Over Investment-Destroying Windfall Profit Tax

ExxonMobil Corp. is suing the European Union on the grounds that the 33% windfall tax will hinder investment. Exxon’s chief financial officer Kathryn Mikells said the tax could cost $2 billion between now and the end of next year. Exxon Mobil...
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