marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
supply chain warning
10/27/2023
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By Belle Carter
Iraqi PM warns: Fighting between Israel and Hamas could disrupt Middle East oil supplies worldwide
Iraqi Prime Minister Mohammed Shia al-Sudani has warned that fighting between Israel and Hamas, which is on the brink of dragging other countries in the region, could disrupt Middle East oil supplies to international markets. The crisis would “impact global security, escalate regional conflict, jeopardize energy supplies, exacerbate economic crises and invite further conflicts,” al-Sudani said at […]
09/12/2023
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By Richard Brown
Oil industry warns of imminent refining crisis, thanks to Biden’s “green” policies that equate to energy SABOTAGE against America
President Joe Biden’s unconventional and assertive stance toward the U.S. oil exploration and production (E&P) sector has drawn criticisms. This has even led some to suggest the Federal Reserve intentionally sells oil to keep prices low and ensure his reelection. With the U.S. Strategic Petroleum Reserve significantly depleted, speculation has grown that the Fed may […]
07/10/2023
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By Arsenio Toledo
China enacts export restrictions on two crucial metals amid escalating trade war with US
China has just instituted massive export restrictions on two metals – gallium and germanium – necessary for the manufacturing of crucial technologies. According to a notice by China’s Ministry of Commerce and General Administration of Customs, the export controls will come into effect on August 1. These restrictions also include several of their compounds. The communist nation said […]
06/09/2023
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By Cassie B.
California’s “impossible” electric truck mandate could put logistics companies completely out of business
With California’s deadline for zero-emissions vehicles looming, logistics companies are growing concerned that compliance will be impossible. Under the new mandate, which goes into effect on January 1, 2024, all new trucks that are bought for servicing distribution centers, ports and rail yards must be zero-emission models. One of the main concerns is the low […]
06/09/2023
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By Arsenio Toledo
New Energy Market Order: Russia, China, Iran sign over a dozen new trade agreements – mostly concerning energy
China, Iran and Russia signed over a dozen agreements with each other in the first week of June alone, mostly concerning energy, showing how the three nations are creating what has been billed as the “New Energy Market Order.” Moscow signed at least 10 new cooperation agreements with Iran for the benefit of both of their […]
04/14/2023
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By Belle Carter
Driving on an empty tank: Florida trucking company files for bankruptcy as transportation demand plummets
Florida-based trucking company Makena Express filed for Chapter 11 bankruptcy protections as the impact of the Wuhan coronavirus (COVID-19) pandemic continues to wreck the state’s economy. Makena Trading Corp. of Pembroke Pines, Florida, doing business as Makena Express, filed its bankruptcy petition with the U.S. Bankruptcy Court of the Southern District of Florida on Monday, April […]
04/14/2023
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By Belle Carter
Report: Russia SLASHED oil output in March in response to Western sanctions, price cap
Russia announced in March that it reduced its oil output in response to sanctions and a price cap on its petroleum imposed by the West. The announcement came from the Russian Ministry of Energy, which added that the oil cut for March amounted to 700,000 barrels per day (bpd). It was 40 percent larger than the […]
12/02/2022
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By Arsenio Toledo
Fed chair says China’s zero-COVID policy damages global supply chain
China’s extreme and repressive Wuhan coronavirus (COVID-19) restrictions have affected the American economy by harming global supply chains, said Federal Reserve Chairman Jerome Powell. The Fed chair added that when certain regions or cities in China initiate full shutdowns, if those areas are deeply connected to the global economy, supply chains become “less efficient, less […]
11/22/2022
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By Arsenio Toledo
Used truck prices drop as trucking industry overcomes supply chain issues
The prices of used trucks are falling across almost all years and models as new truck manufacturers are starting to overcome supply chain disruptions. This comes from preliminary data on used-truck activity for October published by ACT Research. The researchers noted that sales involving used Class 8 trucks – trucks with a gross vehicle weight […]
11/07/2022
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By JD Heyes
Shipping giant Maersk forecasts ‘dark clouds on the horizon’ for global trade as supply chain crisis worsens and consumer demand plummets
As bad as the ongoing supply chain crisis has been thus far, it is going to get much worse, according to the world’s global trade barometer Maersk, a Danish company. The company, “one of the world’s largest container shipping firms, on Wednesday posted record profit for the third quarter on the back of high ocean […]
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