Kathryn Porter in The Telegraph, has compiled quite the list of failures as offshore wind projects get frozen around the world. Decisions are being delayed, contracts abandoned, auctions left without bidders and almost no new projects started.
China is considering at least 1 trillion yuan ($137 billion) of additional sovereign debt for spending on infrastructure such as water conservancy projects. If the debt is issued, the 2023 budget deficit would rise above the 3% cap set in March.
Russian oil producer Gazprom Neft, a subsidiary of energy giant Gazprom is now conducting crude trade with foreign partners with the Chinese yuan and Russian rubles...
It is no coincidence that Nigeria, with a population of over two hundred million, became the first serious global testing ground for central bank digital currencies (CBDC) implementation.
The decline in China's home construction has been remarkable, almost rivaling the US housing crisis of 2008.
It raises the question: Why are commodity prices so resilient if one of the biggest buyers is in malaise?
Is the World Running Out of Patience with Zelensky's 'Blank Cheque' Demands? Poland Stops Giving Arms and US Gives a Fraction of What Ukraine's Leader Asked for As He Visits Canada Today to Win Support
After the last couple of years, you might have felt trapped within the confines of your home country. In most of the Western world, liberties have been restricted like never before, while taxes and the cost of living have skyrocketed.
Robin Hanson has come up with a plan to use the massive national debt of most countries to fund the large enough payments to make $300,000 to $700,000 payments to encourage couples to have enough babies to stop population decline.
In this video, John goes into the global all-debt bubble that is upon us caused by what he calls peak debt saturation. He discusses how it may unfold and points out the many storm clouds surrounding the world economy.
CBDCs and BRICS | Now what's happening with the US dollar and BRICS Expansion… - Clay Clark; All The Things Working Against USD is Helping BRICS - Dr. Kirk Elliott | FOC Show
With Diesel prices already soaring (in anticipation of the highly vaunted soft landing), recently sending the diesel crack to 2023 highs and assuring that refiners have another blowout quarter, Russia just handed a gift to the Exxons of the world...
The Canadian government is taking aim at grocery stores, warning them of "big consequences" if they fail to provide "relief for Canadians" by stabilizing food prices by October 9.
In July of last year as the hype surrounding the covid pandemic was finally dying out I published an article about a barely publicized project called the "Council For Inclusive Capitalism."
"The younger generation must inherit and carry forward the spirit of self-reliance, and hard work, abandon arrogance, and engrave the passion of youth in the water just like our parents did, on the monument of history," declared Xi, some time ago
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