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The agency said in a statement that among other reasons, a drop in investment and production led to an increase in the f...
18/12/2023

The agency said in a statement that among other reasons, a drop in investment and production led to an increase in the forecast for thermal coal prices.

The international rating agency Fitch Ratings updated its short- and medium-term pricing estimates for coal, iron ore, and base metals. These estimates are used in the agency's projections of operating activities and the financial performance of industry participants. The agency said in...

The UN today launched a global appeal for 2024, calling for $46.4 billion to provide life-saving assistance and protecti...
14/12/2023

The UN today launched a global appeal for 2024, calling for $46.4 billion to provide life-saving assistance and protection to 180.5 million people,"

The UN Office for the Coordination of Humanitarian Affairs stated on its website that the UN has asked for $46.4 billion for its humanitarian operations in 2024 to serve an estimated 181 million people in 72 countries. "On behalf of more than 1,900 humanitarian partners around the world, the UN...

For the first time in six months, China's exports increased in November, indicating that manufacturers in the second-big...
13/12/2023

For the first time in six months, China's exports increased in November, indicating that manufacturers in the second-biggest economy in the world are drawing customers with low prices

For the first time in six months, China's exports increased in November, indicating that manufacturers in the second-biggest economy in the world are drawing customers with low prices in an effort to recover from a protracted decline in demand.   Although calls for additional policy support...

Next Wednesday, the Fed is anticipated to maintain current rates. Since March 2022, it has increased its policy rate by ...
12/12/2023

Next Wednesday, the Fed is anticipated to maintain current rates. Since March 2022, it has increased its policy rate by 525 basis points, bringing it to the current range of 5.25%–5.50%.

November saw a significant pick-up in U.S. employment growth as thousands of actors and autoworkers returned to the workforce following strikes; nevertheless, the underlying trend is likely to indicate a cooling labour market.   Views that the Federal Reserve is done hiking interest rates...

For the third consecutive month, euro zone inflation fell faster than anticipated in November
08/12/2023

For the third consecutive month, euro zone inflation fell faster than anticipated in November

For the third consecutive month, euro zone inflation fell faster than anticipated in November, undermining the European Central Bank's thesis that price increase is unyielding and encouraging betting on early spring rate cuts against the bank's stated instructions.   A year ago, inflation...

On Tuesday, shares of Boeing increased by 1.4%. At $132.7 billion, the company's capitalization has increased 16.7% from...
07/12/2023

On Tuesday, shares of Boeing increased by 1.4%. At $132.7 billion, the company's capitalization has increased 16.7% from the year's commencement.

The US Air Force has placed an additional $2.3 billion contract with US aerospace giant Boeing Co. for 15 KC-46A Pegasus tanker aircrafts. Delivery is scheduled for the end of July 2027. There have been 153 orders for KC-46A type aircraft placed worldwide so far. The US Air Force has already...

These developments are strong indicators that the area is ready for a rebirth.
06/12/2023

These developments are strong indicators that the area is ready for a rebirth.

The Rason Special Economic Zone, which was once a test of limited capitalism in North Korea, seems to be the hub of the isolated nation's expanding cooperation with Russia, experts believe, possibly involving the transfer of weapons for the conflict in Ukraine.   Before tighter sanctions...

SIPRI explained that the increased demand for weapons had no impact on the performance of these enterprises in 2022
05/12/2023

SIPRI explained that the increased demand for weapons had no impact on the performance of these enterprises in 2022

The global need for arms has grown dramatically, but global arms producers have not been able to keep up with the demand in 2022, shows the Stockholm Institute for Peace Research report (SIPRI). "Revenues from arms sales and military services of the 100 largest companies in the industry, despite...

According to CoinGecko, Matic, the biggest layer 2 token with a market capitalization of $6.90 billion, has increased 20...
04/12/2023

According to CoinGecko, Matic, the biggest layer 2 token with a market capitalization of $6.90 billion, has increased 20% to $0.74 in the last 30 days.

It's really advanced stuff.   Buoyed by a rising crypto tide, "layer 2" cryptocurrencies, which are local to projects built on top of "layer 1" blockchains like Bitcoin and Ethereum, have found fresh life after a year in the doldrums.   From the summer, cryptocurrency prices have...

With the use of technology, carbon dioxide from industrial processes is captured and stored underground before emissions...
28/11/2023

With the use of technology, carbon dioxide from industrial processes is captured and stored underground before emissions reach the atmosphere.

The president of the International Energy Agency stated that the oil and gas sector needs to invest more in clean energy and get over the "illusion" that carbon capture technology can combat climate change.   “The industry needs to commit to genuinely helping the world meet its energy needs.....

According to the Financial Times, which cites data from the research group S3 Partners, hedge funds lost $43.2 billion o...
27/11/2023

According to the Financial Times, which cites data from the research group S3 Partners, hedge funds lost $43.2 billion over the course of four days

Hedge funds lost over $43 billion in a few days due to their bets on the stock market's decline despite the expansion of the U.S. and European stock markets, the FT writes. According to the Financial Times, which cites data from the research group S3 Partners, hedge funds lost $43.2 billion over...

The cost of raw materials increased as a result of exchange rate duties that were implemented in October
24/11/2023

The cost of raw materials increased as a result of exchange rate duties that were implemented in October

China's imports of Russian coal dropped to their lowest level since February in October, according to data cited by Reuters from the People's Republic of China's General Administration of Customs.China's imports of Russian coal dropped to their lowest level since February in October, according to...

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