Japan Returns To Nuclear Energy Amid Energy Crisis
On Thursday, Japanese Prime Minister Fumio Kishida announced that a Japanese government advisory panel has approved a plan to revive the country’s nuclear energy sector amid the ongoing spike in…
Germany Completes Uniper Takeover
According to a joint statement by the German Economy Ministry and Finance Ministry, the German government has finalized the bailout and takeover of the energy giant Uniper. The government now…
UK Economy Is Worst Among G7
On Thursday, the British Office of National Statistics reported that the UK economy contracted more than had previously been estimated in the third quarter, putting it farther behind other advanced economies.…
Reuters Says US May Be A Net Exporter Of Crude In 2023
On Monday Reuters reported that the US is selling a record 3.45 million barrels of crude oil per day to other nations, putting the nation on track to become a…
FTX Founder Released On $250 Million Bond
On Thursday, a Manhattan judge agreed to release the founder of the failed cryptocurrency platform FTX, Sam Bankman-Fried, on $250 million bond. He will now await trial at his parent’s…
Consumer Confidence Up In December
Consumer confidence was on the rise in December, rising to the highest level seen since April, and backtracking on the two consecutive months of declines seen in October and November,…
FTX CTO Wang And Alameda CEO Ellison Plead Guilty and Flip
U.S. Attorney Damian Williams announced Wednesday night that FTX co-founder and former CTO Gary Wang and former Alameda Research CEO Caroline Ellison both have pled guilty to charges related to…
Tesla Offers $7,500 Discount On Its Tesla Model 3 And Model Y In US
This month, Tesla is offering discounts on its Model 3 and Model Y Electric vehicles delivered in the United States and Canada, according to a sales page on the company’s…
EU Energy Regulator Warns On EU Gas Cap
The head of the EU Agency for the Cooperation of Energy Regulators (ACER), Christian Zinglersen, has warned that the EU natural gas cap will likely not lower costs for consumers…
Dr. Doom Predicts A Return To Global Conflict As Global Economy Crashes
In an interview with the Financial Times, renowned economist Nouriel Roubini said that the global environment may very well soon be thrust back into the times of wars, pandemics and…
