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“Energy Shortages Could Threaten Social Cohesion”: Germany Warns Against Ban On Energy Imports From Russia
“Energy Shortages Could Threaten Social Cohesion”: Germany Warns Against Ban On Energy Imports From Russia At a time when US officials are saying virtually every day that the US is in “active discussions” to ban Russian oil imports, Germany’s economy minister said that while he regrets the country is still dependent on imports from Moscow, […]
When normality is exposed as a Ponzi
When normality is exposed as a Ponzi Putin’s hubris, yes-men for generals, lack of fighting conviction among the men, poor logistics and strong Ukrainian leadership and determination have combined to turn the Russian invasion of Ukraine into a military quagmire. Meanwhile, the West has upped the stakes in a financial war. The underlying assumption is […]
Food Crisis Imminent: Hungary Bans All Grains Exports Effective Immediately
Food Crisis Imminent: Hungary Bans All Grains Exports Effective Immediately (Update 1:25pm ET) – Those who have it, are no longer giving it away, and those that don’t will soon find themselves in the middle of an epic food crisis. Just hours after we reported that Russia effectively banned exports of fertilizers, moments ago Hungary – […]
FRA-OIS Explodes: Here Is The Only Chart Powell Is Closely Watching, And Why It Is Soaring
FRA-OIS Explodes: Here Is The Only Chart Powell Is Closely Watching, And Why It Is Soaring Some were quick to mock repo guru and former NY Fed staffer Zoltan Pozsar when he warned that the unexpected western blockade of Russia had the feel of a Lehman weekend, because virtually nobody had any idea what the forced exclusion […]
Pioneer CEO Sheffield Warns U.S. Shale Is Unable to Grow Much More
Pioneer CEO Sheffield Warns U.S. Shale Is Unable to Grow Much More (Bloomberg) — U.S. shale lacks the capacity to come to the rescue of consumers battling sky-high energy prices with much more crude production, says the boss of the Permian Basin’s biggest oil explorer. Only OPEC countries like Saudi Arabia and the United Arab […]
The world could be on the brink of an energy crisis rivaling the 1970s, says IHS Markit’s Yergin
The world could be on the brink of an energy crisis rivaling the 1970s, says IHS Markit’s Yergin Russia’s Ukraine invasion could have set in motion an energy market disruption on the scale of major oil crises in the 1970s, according to Daniel Yergin, vice chairman of IHS Markit. Sanctions by the U.S. and allies […]
Russia bans ammonium nitrate exports until April to support domestic farmers
Russia bans ammonium nitrate exports until April to support domestic farmers Russia has banned the export of ammonium nitrate (AN) from Feb. 2 to April 1, in a widely-expected move by the government as it seeks to guarantee affordable supplies for domestic farmers following the spike in global fertilizer prices. Ammonia gas, one of the […]
Two Oil Price Scenarios: One Bad, And One Catastrophic
Two Oil Price Scenarios: One Bad, And One Catastrophic Another day, another record discount for Russian Urals crude, which was offered at a price more than $22 below spot by oil trader Trafigura and still could find no giant… … confirmed what we previously observed, namely that the commodity world is splitting in two: a bidless market for Russian […]
Russia-Ukraine War Propaganda Exposed
Russia-Ukraine War Propaganda Exposed Kim Iversen from “The Hill” breaks down what’s true and what’s false about Russia’s invasion of Ukraine. Using images of past wars to depict the current conflict is blatant propaganda. Iversen noted that she mistakenly promoted a picture of Zelensky in full military gear that was taken in April 2021, and […]
Russia Describes “Hot War” With West To Settle “Post-Soviet Space” Once & For All; Zelensky Urges Direct Putin Meeting
Russia Describes “Hot War” With West To Settle “Post-Soviet Space” Once & For All; Zelensky Urges Direct Putin Meeting Update(1138amET): The second round of Ukraine-Russia talks are underway, with a “ceasefire” possibility on the table – however this is unlikely given what both sides communicated to Macron prior to the meeting as to their demands. On […]
Opening Salvos Thrown – What Are Putin’s Next Steps in Ukraine?
Opening Salvos Thrown – What Are Putin’s Next Steps in Ukraine? Last week I wrote that Russian President Vladimir Putin rewrote the rules for the geopolitical game board. A week into his campaign to officially “demilitarize and de-Nazify Ukraine” it’s clear to me that Putin’s ambitions lie far beyond this stated goal. He will, however, stick […]
The second Cold War is here — and supply chains will be the front lines
The second Cold War is here — and supply chains will be the front lines Entire supply chains will be rewritten, creating massive volatility and unpredictability (Photo illustration by Shutterstock) We are witnessing the remaking of the world order in front of our eyes — and this will impact global supply chains in unforeseen ways. […]
Defending Freedom And Democracy Sure Requires An Awful Lot Of Censorship
Defending Freedom And Democracy Sure Requires An Awful Lot Of Censorship Listen to a reading of this article: ❖ Kremlin-backed media outlets have been banned throughout the European Union, both on television and on apps and online platforms. RT has lost its Sky TV slot in the UK, where the outlet is also blocked on YouTube. Australian TV providers SBS and Foxtel have dropped […]
Zoltan Pozsar Warns Russian Sanctions Threaten Dollar’s Reserve Status
Zoltan Pozsar Warns Russian Sanctions Threaten Dollar’s Reserve Status Over the weekend, the world gasped in shock when Western powers announced that the nuclear option would be used against Russia in retaliation for its invasion of Ukraine – sanctions against the country’s central bank and targeted expulsions of key banks from SWIFT, a move which […]
