by: Arsenio Toledo (Natural News) Russia announced on Friday, Feb. 10, that it will cut oil production by 500,000 barrels per day in March in retaliation for a United States- and European Union-led cap on the price of Russian crude oil and other oil …
via theepochtimes: Frigid cold and blowing winds on Friday knocked out power and cut energy production across the United States, driving up heating and electricity prices as people prepared for holiday celebrations. Winter Storm Elliott brought sub-freezing temperatures and extreme weather alerts to about two-thirds …
By Josh Owens The massive Kashagan oilfield in Kazakhstan will not return to full oil production until at least October, Kazakhstan’s energy minister told Reuters on Friday, adding that it would also take a few more weeks for two Black …
It’s hilarious that the G7 thought that they could just unilaterally set the price of Russian oil. You’d think that the forces of democracy would understand how capitalism works. Since the G7 oil price cap was announced on Friday, Russia …
by confoundedinterest17 Slippin’ into darkness! US labor productivity output per hour declined -4.1% QoQ in Q2 while unit labor costs rose 10.2% QoQ.
by Chris Black New footage of a US military convoy smuggling stolen oil out of Raqqah, Syria. New footage of a US military convoy smuggling stolen oil out of Raqqah, Syria. The US army has been consistently looting the country's …
“I had a call with MBZ,” Macron said. (MBZ is the leader of the United Arab Emirates, Sheikh Mohammed bin Zayed al-Nahyan.) “He told me two things. I’m at a maximum [production capacity] and [the] Saudis can increase by 150 …
Industrial production fell a sharp 1.3% in September, the Federal Reserve reported Monday. Adding to the sense of weakness in the data, industrial output in August was revised to a fall of 0.1% versus the prior estimate of a 0.4% gain. …
by howmuch Government spending has been in the news a lot since the national debt reached a record $22 trillion earlier this year. While debt incurred by the federal government tends to draw headlines, government spending at the state level paints a less …
by howmuch The U.S. economy hit $20.5 trillion in GDP in 2018. What does this number actually mean? Well, GDP stands for “gross domestic product”, or, the total value of goods and services produced by a country in any given year. …
by Martin Armstrong The EU has shocked the auto industry and came out based upon this new round of forecasts that humans will be extinct by 2050. Cars must now become considerably more climate-friendly by 2030. The carbon dioxide emissions of …
by WARREN MOSLER Looks like it’s turned up a bit with the tax cuts? Looks like this source of private sector deficit spending has gone flat again: Looks to me a lot more like a deficiency of demand than a demographic …
10.7cm Flux another way to measure our Suns output beyond sunspot count alone shows a downtrend and this is forecast to result in cooler temperatures on Earth. Record snows in Canada reported in Russian media where their crop lands were …
by Simon Black Exactly ten years ago, in the middle of the summer of 2008, the world was only two months away from the most severe financial crisis since the Great Depression. At the time, the size of the US economy …
by stockboardasset The Director-General of the International Organization of Vine and Wine (OIV), Jean-Marie Aurand, presented breathtaking information on the collapse of global wine production, assessment of the worldwide harvest, and the state of the overall wine industry at the organization’s headquarters in Paris …
by WARREN MOSLER Real Earnings News Release All employees Real average hourly earnings for all employees were unchanged from January to February, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This result stems from a 0.1-percent increase in average …