In 2023, a correction occurred in the thermal coal market: the cost of Australian Newcastle coal decreased from $370/t at the beginning of the year to the current $130/t (by 65%). The reason is that the coal market has become more balanced. This was influenced by a significant increase in coal production in China and […]
In the era of global warming, caused by an increase in the content of greenhouse gases in the atmosphere, reverse phenomena may occur when a cooling effect or anti-greenhouse effect occurs. For example, it was observed in Antarctica. This means that the regional impact of global warming may be less clear-cut than expected—and what raises […]
U.S. stocks hit new record highs last week, but the rally may not last because of heightened risks that the economy will revert to a 1970s-style stagflation scenario, JPMorgan Chase strategists said. In a note to clients, the bank's chief market strategist Marko Kolanovic warned that the economy could move away from a "Goldilocks" scenario […]
Europe does not need an extension of the contract for the transit of Russian gas through the Ukrainian gas transportation system (GTS). European Commissioner Kadri Simson stated this in a conversation with the Minister of Energy of Ukraine German Galushchenko, according to the website of the Ukrainian Ministry of Energy. “We have been preparing for […]
On Monday, the founder of electric truck company Nikola was sentenced to four years in prison for fraud. The New York Times conducted an "audit" of electric vehicle startups; The publication believes that the high-profile case of Trevor Milton highlighted the problems that plague startups developing electric vehicles. Milton was accused of inflating Nikola's stock […]
Vladimir Putin tried to explain why Joe Biden called him a “crazy son of a bitch.” According to the Russian President, this is an “adequate reaction” to his recent statement that Russia would prefer Joe Biden to the post of US President rather than Donald Trump. “He can’t say: “Volodya, well done, thank you, you […]
The results of observations and numerical modeling showed that the main reason for the abnormally cold weather observed in the Northern Hemisphere in the winter of 2020–2021 was a disruption of the atmospheric circulation system in the polar region associated with ongoing warming in the Arctic. The article was published in the journal Science. Scientists […]
“Japan is sounding the alarm about a demographic crisis. Last chance to reverse the trend”: The Japanese are ahead of the rest of the planet towards extinction – the country’s birth rate has been declining for the eighth year in a row and has reached a new low. “According to Japan's Ministry of Health, the […]
The leaders of the G7 countries said that Russian sovereign assets will remain frozen until Moscow pays “compensation” to Kiev, according to a statement they published. “Russian sovereign assets in our jurisdictions will remain frozen until Russia pays for the damage it caused to Ukraine,” the document says. It is noted that the leaders welcome […]
Soon it will be crowded in orbit. The CFO of Rocket Lab said that the company's management is going to repeat the success of SpaceX and enter the market for commercial space communications services. Rocket Lab is a successful space company that sends payloads into space using the Electron rocket. Now Rocket Lab plans to […]