Independent thinking for complex markets and current events
Allegations surrounding the FBI’s handling of investigations, notably the shutdown of inquiries into a purported $10 million bribe to Ukraine and 17 audio recordings of alleged Biden criminal activity, have raised serious concerns. In contrast, past actions, such as planting information against Trump and disseminating a fake dossier to undermine his presidency, have fueled suspicions …
The soaring US budget deficit, which surged to $2 trillion for the fiscal year ending in September, growing twice as fast as the economy itself, exemplifies the reasons behind the 5% yield rates. This deficit spike is primarily attributed to falling revenues, alongside increased spending on debt servicing, Social Security, and Medicare. The US government …
via foxnews: The report — authored by the Department of Energy’s Energy Information Administration (EIA) and published in August — represents the first of its kind since 2018. The EIA analyzed data from 2016 through 2022, and determined that, during that time period, the federal government doled out $183.3 billion in direct and mainly indirect …
While Lufthansa has tried to do its bit to adopt sustainable practices, the company’s chief has said that switching the airline to green fuels like e-kerosene could come at a big price—half of Germany’s electricity supply. “We would need around half of Germany’s electricity to create enough of the fuels,” Lufthansa’s Carsten Spohr said at …
Governments are failing to cut greenhouse gas emissions fast enough to meet the goals of the Paris agreement and to stave off climate disaster, a major report by the UN has found. Meeting the goals will require “phasing out all unabated fossil fuels”, the report says, in an acknowledgment that some oil-producing countries may find …
ROME — Pope Francis has doubled down in his personal war on fossil fuels while condemning “extreme practices” such as fracking. It is time world leaders to “listen to science and institute a rapid and equitable transition to end the era of fossil fuel,” the pontiff urges in his message for the Feast of Creation, …