Energy Security Concerns Fuel Boom In Renewable Capacity

The energy transition continued apace in 2022 despite Russia’s invasion of Ukraine, ongoing disruptions to global supply chains, and inflationary pressures all of which translated into high energy prices around the globe. However, sustained high prices may ultimately mark an inflection point or prove to be a major catalyst in shifting the global energy system away from a dependence on hydrocarbons and towards lower-cost clean energy resources. Hydrocarbons are unevenly distributed around the world, require supply chains

Read more at: https://oilprice.com/Alternative-Energy/Renewable-Energy/Energy-Security-Concerns-Fuel-Boom-In-Renewable-Capacity.html

Central Asia’s Water Wars Are Heating Up

On November 3, Uzbekistani Foreign Minister Vladimir Norov and his Kyrgyzstani counterpart Jeenbek Kulubaev signed a bilateral deal in Bishkek, under which Kyrgyzstan agreed to cede to Tashkent the territory surrounding the Kempir-Abad Reservoir, covering 4,485 hectares, in exchange for over 19,000 hectares elsewhere (Radio Free Europe/Radio Liberty, November 3). The deal effectively grants Uzbekistan control over the reservoir, a burning issue that has contributed to rising tensions between the two Central Asian neighbors (Eurasianet.org, November

Read more at: https://oilprice.com/Geopolitics/International/Central-Asias-Water-Wars-Are-Heating-Up.html

Sydney Based Researchers Announce Lithium Ion Battery Rival

University of Sydney researchers have announced a new low-cost battery built with four times the capacity of lithium-ion. The researchers are hoping that a new, low-cost battery that is far cheaper to produce will significantly reduce the cost of transitioning to a decarbonized economy. Led by Dr. Shenlong Zhao from the University’s School of Chemical and Biomolecular Engineering, the battery has been made using sodium-sulfur a type of molten salt that can be processed from sea water costing much less to produce than

Read more at: https://oilprice.com/Energy/Energy-General/Sydney-Based-Researchers-Announce-Lithium-Ion-Battery-Rival.html

Texas Railroad Commission Issues Cold Weather Warning To Oil & Gas Industry

The Railroad Commission of Texas issued a warning on Thursday to oil and gas pipeline operators that next week will see significantly colder temperatures. A statement from the RRC of Texas cited the National Weather Service, which is predicting periods of colder temperatures for the latter part of next week. The RRC is recommending that oil and gas pipeline operators monitor weather reports, and secure all personnel, equipment, and facilities to prevent injury, as well as prepare operations for potential impacts. Last February,

Read more at: https://oilprice.com/Latest-Energy-News/World-News/Texas-Railroad-Commission-Issues-Cold-Weather-Warning-To-Oil-Gas-Industry.html

Germany Greenlights Purchase Of U.S. Fighter Jets

Germany on December 14 gave the green light for the purchase of nearly three dozen U.S.-made F-35 fighter jets as part of a military overhaul prompted by Russia’s invasion of Ukraine. The German parliaments budget committee approved eight projects totaling 13 billion euros ($13.86 billion), including a 10-billion-euro purchase of the F-35 fighter jets. In light of current security challenges, including Russia’s war in Ukraine, close cooperation between allies is more important than ever, the U.S. Embassy in Berlin said in a statement after

Read more at: https://oilprice.com/Latest-Energy-News/World-News/Germany-Greenlights-Purchase-Of-US-Fighter-Jets.html

Aluminum Follows Iron Ore In China-Fueled Price Rally

By AGMetalminer.com Aluminum prices broke out of their sideways trend last month with strong upside price action. Prices rallied during the first half of November, followed by a modest retracement before they continued upward. Overall, the Aluminum Monthly Metals Index (MMI) saw a modest 1.04% increase from November to December. The End of zero-COVID Sees Prices Reverse At the beginning of November, China appeared to waver between easing virus control measures and the continuation of zero-COVID. The possibility of China reopening, even if

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‘Avatar: The Way of Water’ review roundup: See it on the biggest screen possible, critics say

Critics say James Cameron’s “Avatar: The Way of Water,” is a stunning piece of cinema. It scored a “Fresh” rating on Rotten Tomatoes.

Read more at: https://www.cnbc.com/2022/12/15/avatar-the-way-of-water-reviews-james-cameron-sequel.html

FuboTV hit with cyberattack during World Cup semifinal match

Internet TV bundle FuboTV said it was the target of a criminal cyberattack on Wednesday, affecting the service during a World Cup semifinal match.

Read more at: https://www.cnbc.com/2022/12/15/fubotv-hit-with-cyber-attack-during-world-cup-semifinal-match.html

Home flipping profits drop at the fastest pace in over a decade

Investors are pulling out of the flipping market, as profits drop very quickly.

Read more at: https://www.cnbc.com/2022/12/15/home-flipping-profits-drop-at-fastest-pace-in-over-a-decade.html

American Airlines will make it harder to earn frequent flyer status next year in a loyalty program shake-up

Changes include higher spending requirements to reach the lowest tier of status.

Read more at: https://www.cnbc.com/2022/12/15/american-airlines-frequent-flyer-status-becomes-harder-to-earn.html

Dollar General’s new Popshelf stores chase inflation-weary shoppers in the suburbs

Dollar General said it sees an opportunity to grow to 3,000 Popshelf stores across the country.

Read more at: https://www.cnbc.com/2022/12/13/inflation-dollar-general-chases-suburban-shoppers-popshelf.html

NCAA picks Massachusetts Gov. Charlie Baker as next president

Charlie Baker brings a public policy background to the NCAA, which has faced recent legal and regulatory battles.

Read more at: https://www.cnbc.com/2022/12/15/ncaa-picks-charlie-baker-as-next-president.html

How to manage cash and stay out of debt running a business in a recession

Small business owners need more than ever to take a hard look at financials, cut what’s not critical and invest where sales growth remains.

Read more at: https://www.cnbc.com/2022/12/15/how-to-manage-cash-stay-out-of-debt-running-a-business-in-a-recession.html

Long Covid medical costs average $9,500 in the first six months, as patients become ‘health-system wanderers’

Long-haul symptoms of Covid-19 can be expensive for the average person to have diagnosed and treated, according to a new study by Nomi Health.

Read more at: https://www.cnbc.com/2022/12/15/long-covid-medical-costs-average-9500-in-first-six-month-study.html

Where Walmart CEO Doug McMillon expects inflation to stick around in 2023

Walmart CEO Doug McMillon expects prices to remain elevated and the retail giant is adjusting inventory based on inflation and a consumer spending slowdown.

Read more at: https://www.cnbc.com/2022/12/15/how-walmart-ceo-is-managing-for-more-inflation-and-less-demand-in-2023.html

Satellite imagery venture Planet delivers record quarter, sees annual revenue nearing $200 million

Planet delivered record results for the third quarter and forecasted nearly $200 million in annual revenue.

Read more at: https://www.cnbc.com/2022/12/14/planet-q3-results-record-quarter-as-revenue-climbs.html

‘The Phantom of the Opera’ is closing soon — meet some of the lifers who have worked on it for decades

After 35 years on Broadway, “The Phantom of the Opera” will close its doors at the Majestic Theatre on April 16.

Read more at: https://www.cnbc.com/2022/12/15/phantom-is-closing-in-april-meet-some-of-its-longtime-employees.html

Delta expects 2023 earnings to nearly double thanks to ‘robust’ travel demand

Delta expects its adjusted earnings to nearly double to as much as $6 per share next year, above analysts’ estimates.

Read more at: https://www.cnbc.com/2022/12/14/delta-2023-earnings-forecast-sees-robust-travel-demand.html

‘Avatar: The Way of Water’ could be heading for a $175 million box office opening

The long-awaited sequel “Avatar: The Way of Water” is set to snare between $150 million and $175 million domestically during its opening weekend.

Read more at: https://www.cnbc.com/2022/12/14/avatar-the-way-of-water-heads-for-175-million-box-office-opening.html

Reporter Behind ’50 Former Intel Officials’ Hunter Biden Propaganda Ignored DNI Denial

Former Trump administration intelligence official and best-selling author, Cliff Sims, has offered a rare glimpse into the 5th column’s propaganda machine – namely, how former Politico reporter Natasha Bertrand concocted the report that ’50 former intelligence officials’ said the Hunter Biden laptop story was Russian disinformation.

“Want to know what it’s like to deal with some journalists who “cover” the Intel and NatSec communities at the highest level, but actually serve more like mouthpieces of the permanent security state?” Sims asked, kicking off a Wednesday Twitter thread.

I was serving as Deputy DNI for Strategy & Communications in 2020, so during the height of election season. I was part of then-DNI @JohnRatcliffe’s small circle of advisors and part of my job was handling reporter inquiries, particularly if …

Read more at: https://www.zerohedge.com/political/reporter-behind-50-former-intel-officials-hunter-biden-propaganda-ignored-dni-denial

Senator Hawley: Biden Officials “Don’t Want A Border”

Authored by Steve Watson via Summit News,

Republican Senator Josh Hawley charged Wednesday that the Biden administration is purposefully allowing the migrant crisis to worsen, and that they are ‘executing their plan’ to completely dissolve the Southern border.

Hawley declared that he will refuse to support any amnesty plan as a trade off for promises of securing the border.

“The truth is, we shouldn’t have to trade anything to get the enforcement of our laws at our own southern border,” Hawley told Fox News’s Laura Ingraham.

“I just say, this Biden administration is getting exactly what they want at the southern border. This is a 14,000 a day illegal surge. They’ve known about this, they have known this would happen. This is what they want,” Hawley urged.

The Senator continued, “They don’t …

Read more at: https://www.zerohedge.com/political/senator-hawley-biden-officials-dont-want-border

Vote Recount Flips Massachusetts Midterm Race From Republican To Democrat By 1 Vote

Vote Recount Flips Massachusetts Midterm Race From Republican To Democrat By 1 VoteAuthored by Katabella Roberts via The Epoch Times (emphasis ours),

A recount of votes in a Massachusetts state House of Representatives race has placed a Democratic challenger ahead of a Republican incumbent by a single vote after the latter was initially leading following the Nov. 8 elections.

People fill out their ballots at Cathedral High School in Boston, Massachusetts, on Nov. 8, 2022. (Joseph Prezioso/AFP via Getty Images)Democrat Kristin Kassner, a first-time candidate, is now leading her Republican opponent Lenny Mirra in the race for the newly redrawn North Shore district, a coastal region between Boston and New Hampshire.

Read more at: https://www.zerohedge.com/political/vote-recount-flips-massachusetts-midterm-race-republican-democrat-1-vote

‘Some Sort Of Sex Slave’? Son Of Paul Pelosi’s Attacker Breaks Silence, Fuels Speculation

The son of Paul Pelosi attacker, David DePape, says his father ‘is not evil,’ and is ‘hardly a right-wing conservative.’ He also implied that the 82-year-old Pelosi may have invited DePape over for sexual activities.

Speaking with the Daily Mail, Nebosvod ‘Sky’ Gonzalez said “He isn’t a danger to society, I don’t even know if he even attacked Mr. Pelosi. For all that we know he was some sort of sex slave, as Elon Musk pointed out.”

The 42-year-old DePape appeared before a San Francisco Superior Court Judge on Wednesday for a preliminary hearing and will be arraigned on federal charges on Dec. 28, which include attempted murder, assault with a deadly weapon, elder abuse, false imprisonment …

Read more at: https://www.zerohedge.com/political/some-sort-sex-slave-son-paul-pelosis-attacker-breaks-silence-fuels-speculation

Who is striking? How Friday 16 December’s walkouts will affect you

Travelers face disruption on the railways and roads on Friday – by the BBC’s Zoe Conway.

Read more at: https://www.bbc.co.uk/news/uk-63978047?at_medium=RSS&at_campaign=KARANGA

UK interest rates raised to the highest level for 14 years

The Bank of England lifts borrowing costs to 3.5% from 3%, the ninth rise in a row.

Read more at: https://www.bbc.co.uk/news/business-63977963?at_medium=RSS&at_campaign=KARANGA

UK interest rates: How the rise affects you and how high it could go

Interest rates have risen again as the cost if living goes up, so how could this affect you?

Read more at: https://www.bbc.co.uk/news/business-57764601?at_medium=RSS&at_campaign=KARANGA

Indegene files for IPO, Carlyle to sell stake

Existing shareholders who are looking at selling part of their stake include Carlyle, Singapore-based venture capital fund Genesis Alternative Ventures

Read more at: https://economictimes.indiatimes.com/markets/ipos/fpos/indegene-files-for-ipo-carlyle-to-sell-stake/articleshow/96257170.cms

AMFI stock category rejig: Paytm, Bandhan Bank can get downgraded to midcap

The AMFI rejig will majorly be classified by size, taking into account data from July to December 2022. This period saw rising valuations as the Indian equity market rose by over 5% with Nifty and Sensex at record highs.

Read more at: https://economictimes.indiatimes.com/markets/stocks/news/amfi-stock-category-rejig-paytm-bandhan-bank-can-get-downgraded-to-midcap/articleshow/96250559.cms

Infosys to announce Q3 earnings on Jan 12; all eyes on deal pipeline

The earnings come at a time when the industry is seeing massive layoffs that have surpassed the levels from the Great Recession the world went through 2008-2009

Read more at: https://economictimes.indiatimes.com/markets/stocks/news/infosys-to-announce-q3-earnings-on-jan-12-all-eyes-on-deal-pipeline/articleshow/96258260.cms

Bond Report: Flight-to-safety trade sends 10- and 30-year Treasury yields to one-week lows

Investors flock to the safety of long-term U.S. government debt as weak U.S. data reinforces the prospects of a 2023 recession.

Read more at: http://www.marketwatch.com/news/story.asp?guid=%7B20C06575-04D4-B545-7169-F6D6EF246C6A%7D&siteid=rss&rss=1

Market Snapshot: Dow down over 700 points in final hour of trade as stocks head for biggest decline in 3 months

U.S. stocks tumbled on Thursday afternoon, adding to the previous day’s losses, a day after the Federal Reserve raised rates and revived recession worries.

Read more at: http://www.marketwatch.com/news/story.asp?guid=%7B20C06575-04D4-B545-7169-F4185A3E95AC%7D&siteid=rss&rss=1

: U.S. Senate unanimously passes bill barring TikTok from government-owned devices

Legislation is the latest move from lawmakers to counter security concerns with the platform.

Read more at: http://www.marketwatch.com/news/story.asp?guid=%7B20C06575-04D4-B545-716A-74FE5995C4D9%7D&siteid=rss&rss=1