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U.S. Midwest may have summer power shortages for years
U.S. Midwest may have summer power shortages for years June 10 (Reuters) – The power grid operator in the Central United States warned on Friday that problems it may experience keeping the lights on this summer could also occur during the summers of 2023, 2024 and beyond. The region’s grid operator, Midcontinent Independent System Operator […]
China, U.S. lead rise in global debt to record high $305 trillion – IIF
China, U.S. lead rise in global debt to record high $305 trillion – IIF A view of the city skyline in Shanghai, China February 24, 2022. Picture taken February 24, 2022. REUTERS/Aly Song NEW YORK, May 18 (Reuters) – The world’s two largest economies borrowed the most in the first quarter as global debt rose […]
US Gas Prices Soar As Europe And Asia Scramble For LNG
US Gas Prices Soar As Europe And Asia Scramble For LNG U.S. gas prices have surged to the highest level in real terms since the financial crisis in 2008 as strong demand for LNG from buyers in Europe and Asia puts pressure on inventories. Front-month futures for gas delivered to Henry Hub in Louisiana are […]
Ukraine Grain Strain: Almost 25 Million Tonnes Blocked From Export
Ukraine Grain Strain: Almost 25 Million Tonnes Blocked From Export A massive backlog of grain shipments is piling up in Ukraine to the tune of nearly 25 million tonnes due to ‘infrastructure challenges’ and blocked ports in the Black Sea, including Mariupol, Reuters reports, citing a UN food agency official.’ Ukraine was the fourth-largest exporter of maize (corn) […]
India Facing Widespread Blackouts This Summer
India Facing Widespread Blackouts This Summer India faces a persistent shortage of electricity over the next four months as rapid demand growth from air conditioners overwhelms the available generation on the network. India’s grid reported a record load of 200,570 megawatts on July 7, 2021, at the height of last summer, according to the National […]
Food Crisis About To Get Worse After China Says Winter Wheat Condition Could Be Worst In History
Food Crisis About To Get Worse After China Says Winter Wheat Condition Could Be Worst In History The condition of China’s winter wheat crop could be the “worst in history,” the agriculture minister said on Saturday according to Reuters, raising concerns about grain supplies in the world’s biggest wheat consumer. Speaking to reporters on the sidelines […]
Global Oil Inventories Are Exceptionally Tight: Kemp
Global Oil Inventories Are Exceptionally Tight: Kemp Global petroleum inventories are the tightest for years in a sign the market is overheating, as the global economy recovers rapidly from the coronavirus pandemic and major oil producers refuse to increase output faster. Commercial inventories held in the countries of the Organisation for Economic Co-operation and Development […]
Just-in-time gives way to “buy everything you can” as U.S. supply disruptions persist
Just-in-time gives way to “buy everything you can” as U.S. supply disruptions persist Container trucks , ships and cranes are shown at the Port of Long Beach as supply chain problem continue from Long Beach, California, U.S. November 22, 2021. REUTERS/Mike Blake Jan 28 (Reuters) – Stephen Bullock eight months ago gave up on the […]
Reuters Data Scientist Fired After Nuking BLM Narrative, Exposing ‘Significant Left-Wing Bias’ In Reporting
Reuters Data Scientist Fired After Nuking BLM Narrative, Exposing ‘Significant Left-Wing Bias’ In Reporting On Tuesday, we republished a column from a journalist who resigned from the Canadian Broadcasting Corporation because the network exhibited such extreme left-wing bias and propaganda that she couldn’t be a part of it any longer. Today, bring you the story of Zac […]
IMF, World Bank & 10 Countries Held Alarming “Simulation” Of Global Financial System Collapse
IMF, World Bank & 10 Countries Held Alarming “Simulation” Of Global Financial System Collapse IMF, World Bank & 10 Countries Held Alarming “Simulation” Of Global Financial System Collapse BY TYLER DURDEN TUESDAY, DEC 21, 2021 – 11:20 PM Earlier this month Reuters produced a report which didn’t receive nearly enough attention among the American public – its […]
Wheat soars to 9-year peak on supply concerns, strong demand
Wheat soars to 9-year peak on supply concerns, strong demand CHICAGO, Nov 22 (Reuters) – U.S. wheat futures rallied to their highest in nearly nine years on Monday as ill-timed rains in Australia and rising Russian wheat prices stoked concerns about tightening supplies among the world’s top exporters. Corn and soybeans followed wheat higher, with […]
Zambia state power firm says nation in countrywide blackout
Zambia state power firm says nation in countrywide blackout LUSAKA, Nov 6 (Reuters) – Zambia was experiencing a nationwide power blackout on Saturday after an unidentified problem, the state utility said, adding that it was working to restore electricity supply. “We have lost power countrywide resulting from a fault, which is yet to be determined. […]
Twin peaks: Whether it’s supply or demand, oil era heads for crunch time
Twin peaks: Whether it’s supply or demand, oil era heads for crunch time A worker collects a crude oil sample at an oil well operated by Venezuela’s state oil company PDVSA in Morichal, Venezuela, July 28, 2011. REUTERS/Carlos Garcia Rawlins Oct 25 (Reuters) – Energy transition and peak demand predictions have spooked investors in oil, […]
Britain faces ‘massacre’ of 20 more bust energy suppliers, Scottish Power says
Britain faces ‘massacre’ of 20 more bust energy suppliers, Scottish Power says The sun rises behind electricity pylons near Chester, northern England October 24, 2011. REUTERS/Phil Noble/File Photo LONDON, Oct 21 (Reuters) – Britain’s energy market faces an absolute massacre that could force at least 20 suppliers into bankruptcy in the next month alone unless […]
Oil settles up 1.5%; hits multi-year highs on surging demand
Oil settles up 1.5%; hits multi-year highs on surging demand Oil prices surge, adding to global energy crunch BENGALURU, Oct 11 (Reuters) – Oil prices jumped on Monday to the highest levels in years, fuelled by rebounding global demand that has contributed to power and gas shortages in key economies like China. Brent crude rose […]
