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Sydney-based consultancy CAPA Centre for Aviation warned in a statement on Monday morning that most of the world's airlines will be bankrupt by the end of May. Airline…
With energy junk bonds crashing... ... amid a (long-overdue) investor revulsion to the highly levered energy sector, much of which is funded in the high yield…
Today in "news that affects all electric vehicle manufacturers but definitely not Tesla stock", Audi has announced that it has suspended production of its e-Tron electric…
In a recent Wall Street Journal article, Mary Anastasia O’Grady writes that Venezuela’s “National Superintendency for the Defense of Socio-Economic Rights is reportedly pressuring stores to accept the…
Covid-19's effect on global energy markets has been disastrous. OPEC slashed its oil demand forecast last week, and Goldman Sachs doubled down on its bearish oil take…
Just days after OPEC slashed its oil demand forecast as a result of the slowdown in China's economy due to the Covid-19, moments ago Goldman…
Perhaps buoyed by speculation that oil demand in China is set to plunge as much as 20% if not more on the coronavirus "demand shock", on Tuesday OPEC slashed…
With WTI sliding below $50 on Sunday evening, expect even more downside according to S&P Global Platts' Claudia Carpenter, who writes that oil prices will probably drop…
One year ago in January, a Chinese robot landed on the dark side of the moon. Since then, the Chang’e 4 probe and the Yutu-2 rover…
Germany now generates over 35 percent of its yearly electricity consumption from wind and solar sources. Over 30 000 wind turbines have been built, with a…
Iran's Deputy Atomic Energy Organization Director Ali Asghar Zarean made a key, provocative announcement on Saturday, saying the Islamic Republic has now passed the low…
With Tesla stock nearly tripling in the past four months and closing at an all time high of $581 on Wednesday... ... as euphoric expectations…
The European Union is eyeing long promised punitive measures against Turkey for its illegal military incursion into northern Syria, as well as its unauthorized natural…
Head the UN-backed Government of National Accord (GNA) in Tripoli, Fayez al-Sarraj, and Benghazi-based General Khalifa Haftar who is now warring for control of the capital,…
With Putin in Turkey on Wednesday ceremonially launching the much-anticipated offshore pipeline TurkStream, which will supply Russian gas to Turkey and southern Europe, it's actually events…
Breaking a 5-day silence over its response for the US killing of General Qassem Soleimani, on Tuesday Iran said it was assessing 13 scenarios to…
The Nord Stream 2 gas pipeline, construction of which is intended to transport 55 billion cubic metres of Russian gas to Germany per year under…
Trump's signing the 2020 NDAA into law on Friday, and with it, sanctions targeting European and Russian companies laying the Nord Stream 2 pipeline, had…
Iran’s President has proposed to create a Muslim cryptocurrency as one of a number of means to confront the economic dominance of the United States. Speaking at…
New electric vehicle (EV) sales in China plunged in November for the fifth consecutive month, extending a decline that we've been highlighting for the past…