Baltic Index Crashes Most On Record

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

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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The United Nations General Assembly has adopted a resolution asking the International Court of Justice (ICJ) for its legal opinion on the Zionist regime’s occupation of Palestinian territories.

The United Nations General Assembly has adopted a resolution asking the International Court of Justice (ICJ) for its legal opinion on the Zionist regime’s occupation of Palestinian territories.

The 193-member United Nations General Assembly voted on the resolution on Friday. Eighty-seven countries voted in favor of the resolution against 26 negative votes cast by the Israeli regime, the United States, its oldest and strongest ally, and 24 others,...
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ExxonMobil Sues EU Over Investment-Destroying Windfall Profit Tax

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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SpaceX Launches Next-Gen Starlink Satellites Into New Low Earth Orbit

SpaceX Launches Next-Gen Starlink Satellites Into New Low Earth Orbit

Falcon 9 launches 54 Starlink satellites to low-Earth orbit; completes SpaceX’s 60th mission of 2022. Starlink has launched the first batch of next-generation satellites into orbit early Wednesday to add even more broadband capacity to the network. Around 04...
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China Starts Work On The World’s Largest Desert-Based Renewable Energy Project

China Starts Work On The World’s Largest Desert-Based Renewable Energy Project

China has broken ground on a renewable energy project worth an estimated $11 billion in the province of Inner Mongolia. According to a Bloomberg report, the project will have a capacity of 16 GW and produce some 40 billion kWh of...
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5 North Korean UAVs flew into South Korea

5 North Korean UAVs flew into South Korea

On the morning of December 26th, several North Korean UAVs crossed the demarcation line dividing the Korean peninsula and entered the airspace of South Korea. According to the Joint Chiefs of Staff of the Armed Forces of South Korea, several...
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Russia Close To Legalizing International Trade In Bitcoin, Crypto

Russia Close To Legalizing International Trade In Bitcoin, Crypto

Russia’s Congressional finance committee chairman, Anatoly Aksakov, said the country is moving to greenlight international trade in cryptocurrency within the next month, according to a report by national news agency TASS. “In January, we want to legali...
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EU Imposes The World’s Largest Carbon Tax Scheme

EU Imposes The World’s Largest Carbon Tax Scheme

To prevent “carbon leakage” the European Parliament Reached a Deal on a Carbon Border Adjustment Mechanism, CBAM for short. An EU Carbon Border Adjustment Mechanism (CBAM) will be set up to equalise the price of carbon paid for EU products operati...
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Musk Will Resign As Twitter CEO After ‘Finding Someone Foolish Enough To Take Job’

Musk Will Resign As Twitter CEO After ‘Finding Someone Foolish Enough To Take Job’

Elon Musk tweeted Tuesday night that he would step down from the CEO role at Twitter Inc. after finding a successor. This comes two days after he asked users whether he should step down — most respondents answered “Yes.” “I will...
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Dassault is preparing flagship bizjet Falcon 10X

Dassault is preparing flagship bizjet Falcon 10X

Dassault’s new flagship Falcon 10Xis going after the Bombardier Global 7500 and Gulfstream G700 to claim the title of the world’s largest business jet. The French airframe maker says the 10X will have the largest interior in its class. The...
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Two-Thirds Of Voters Believe Social Media Engaged In Politically-Motivated Censorship

Two-Thirds Of Voters Believe Social Media Engaged In Politically-Motivated Censorship

The December Harvard CAPS Harris Poll is out this week and Mark Penn and his colleagues have some interesting results to share. Despite the refusal of many in the media to cover the Twitter files, nearly two-thirds of voters believe Twitter shadow-banned us...
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BIS sets a limit of 2% on crypto reserves among commercial banks

BIS sets a limit of 2% on crypto reserves among commercial banks

Group of Central Bank Governors and Heads of Supervision (GHOS) of the Bank for International Settlements (BIS) sets a limit of 2% on crypto reserves among commercial banks. The new standard limits crypto reserves among banks to 2% by 2025,...
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Interview with Michael Hudson

Interview with Michael Hudson

Michael Hudson is an American economist, Professor of Economics at the University of Missouri–Kansas City, former Wall Street analyst, political consultant, commentator and journalist. He is a contributor to The Hudson Report, a weekly economic and fin...
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Fresh Missile Barrage Leaves Cities Across Ukraine Without Power Or Water

Fresh Missile Barrage Leaves Cities Across Ukraine Without Power Or Water

Russia launches at least 76 missiles at critical infrastructure. Commander of Ukraine’s Armed Forces Gen. Valeriy Zaluzhnyi tallied that Russia launched 76 missiles at critical infrastructure throughout the country. He then claimed that national air defen...
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