Germany nationalizes its biggest natural gas importer
Germany nationalizes its biggest natural gas importer Germany is nationalizing Uniper, its biggest importer of natural gas, as part of an €8 billion ($7.9 billion) plan to prevent an energy shortage this winter. Europe has been hit by soaring natural gas and electricity prices as a result of Russia’s invasion of Ukraine and its throttling of gas supplies. The German government […]
In America, Clean Water Is Becoming a Luxury
In America, Clean Water Is Becoming a Luxury Our water system’s collapsing—and I found out the hard way. Getty I can’t forget to turn the kettle on before bed. In the morning, I’ll need that water to wash my hands and brush my teeth. The rest I’ll carefully store in the fridge, away from light and […]
Global Food Supply Crises May Worsen Due to Poor US Harvest
Farmer harvests corn in Princeton, Ind., on Oct. 11, 2021. (Scott Olson/Getty Images) Global Food Supply Crises May Worsen Due to Poor US Harvest U.S. agriculture has been facing a poor harvest this year, aggravating the global food supply crisis, industry executives have said. The supply of food worldwide has been tight, since Russia’s war in Ukraine cut […]
Germany To Nationalize Struggling Uniper In Deepening Energy Crisis
Germany To Nationalize Struggling Uniper In Deepening Energy Crisis Germany on Wednesday announced a move to nationalize struggling natural gas supplier Uniper SE as it strives to keep the industry functioning in the wake of a global energy crisis, according to Reuters. Uniper is Germany’s largest importer of Russian NatGas and has suffered tremendous losses after Russian energy […]
Putin Announces Partial Mobilization In Ukraine War Escalation, Says West Wants To “Destroy Russia”
Putin Announces Partial Mobilization In Ukraine War Escalation, Says West Wants To “Destroy Russia” In a nationwide address that was delayed from its prime-time Tuesday delivery and ahead of votes in four Ukraine regions to join Russia, on Wednesday morning Russian President Vladimir Putin announced a partial military mobilization, while vowing to use all means necessary to […]
A Natural Gas Shortage Is Looming For The U.S.
A Natural Gas Shortage Is Looming For The U.S. As natural gas demand around the world breaks new records, U.S. shale producers are struggling to keep up with demand. While natural gas prices in the United States fell after a railway strike was averted last week, it looks likely that prices both at home and […]
Water. Food. Energy.
Water. Food. Energy. Unless you have spent the past summer under a rock on a remote island, you have probably heard about the severe droughts besetting Asia, Europe, and the United States. Rivers turning into mere trickles. Crops failing or delivering less than half of their usual yields. Power plants shutting down due to a […]
Majority Of Hungarian Gas Stations To Run Dry Next Week
Majority Of Hungarian Gas Stations To Run Dry Next Week Hungarian gas and oil giant MOL will only be able to deliver a quarter of the needed fuel from 19 September, Hungarian media reported. According to Daily News Hungary. Szeretlekmagyarorszag.hu acquired a letter in which MOL informed its partners that they could only deliver 25% of […]
Who Is Really Spreading Misinformed Disinformation?
Who Is Really Spreading Misinformed Disinformation? Ne’er has there been more fertile ground that exemplifies how those in charge of the narrative are either (1) grossly incompetent, (2) saying what they need to simply to suit their own agenda, or (3) both – than the topics of Covid, inflation, Trump’s non-existent Russian collusion and Hunter […]
Strike, Strike, Strike
Strike, Strike, Strike The mounting social inequality is fueling protests around the globe. The global ruling class is determined to prevent these protests from employing the weapon that can bring them down — strikes. Strike, Strike, Strike – by Mr. Fish The ruling oligarchs are terrified that, for tens of millions of people, the economic […]
Escalation: Recent Events Suggest Mounting Economic Danger
Escalation: Recent Events Suggest Mounting Economic Danger A common refrain from people who are critical of alternative economists is that we have been predicting crisis for so long that “eventually we will be right.” These are generally people who don’t understand the nature of economic decline – It’s like an avalanche that builds over time, […]
Could We Ever Make Enough Synthetic Oil to Get By?
Could We Ever Make Enough Synthetic Oil to Get By?
In Brief: Trading safety, An inflection point, The crisis of under-consumption, A reign of decline
In Brief: Trading safety, An inflection point, The crisis of under-consumption, A reign of decline Trading safety Within the inner sanctum of one of the world’s oldest and most esteemed universities, an ageing professor sits in a battered leather armchair. Oblivious to the day-to-day sensations within the room – the slow tick and tock of […]
