Category: Energy News Beat

Diamond industry takes radical steps to stem price decline – Bloomberg

Energy News Beat Sales have plunged in 2023, following massive increases during the Covid-19 pandemic The world’s biggest diamond companies have made a series of increasingly desperate moves in an effort to stop this year’s freefall in prices, Bloomberg reported on Saturday. In 2023, prices for wholesale polished diamonds have dropped by around 20%, while […]

China Prepares To Choke Off America’s Rare Metal Supply

Energy News Beat China will tighten reporting controls on strategic rare earth elements, according to its Commerce Ministry, in a move that could choke off America’s supply of critical minerals used in the production of electric cars and missiles. The ministry said on Tuesday that exporters of rare earth elements would need to report their […]

The Globalist Vision: “15 Minute” Prison Cities And The End Of Private Property

Energy News Beat Authored by Brandon Smith via Alt-Market.us, As a general rule I find that whenever the public scrutinizes any particular agenda being promoted by governments and globalists their first response is to act indignant, much like a narcissist would do when they are up to no good and they get caught. “How dare […]

Ukraine aid cut from GOP-backed stopgap funding bill

Energy News Beat The legislation, which is aimed at preventing a November 17 government shutdown, is not backed by the White House Republican US House Speaker Mike Johnson has unveiled a new stopgap spending bill to avert a government shutdown that does not include money for aid to Ukraine or Israel. Johnson had earlier insisted that […]

Moody’s turns negative on US credit rating, draws Washington ire

Energy News Beat NEW YORK/WASHINGTON, Nov 10 (Reuters) – Moody’s on Friday lowered its outlook on the U.S. credit rating to “negative” from “stable” citing large fiscal deficits and a decline in debt affordability, a move that drew immediate criticism from President Joe Biden’s administration. The move follows a rating downgrade of the sovereign by another ratings […]

US credit card debt hits historic high – data

Energy News Beat US credit card debt continued to surge in July-September this year, marking the eighth consecutive quarter of year-over-year increases, economists at the New York Federal Reserve bank said in a report this week. According to their calculations, credit card balances increased by $48 billion (4.7%) from the previous three months and by $154 […]

European country reveals nuclear energy plan

Energy News Beat All reactors in Switzerland will remain operational so long as they’re deemed safe, Bloomberg reports   Switzerland intends to keep its nuclear power plants operational for longer than previously planned amid fears of electricity shortages, reflecting a trend among other European countries extending the use of atomic energy, Bloomberg reported this week, […]

US debt interest bill tops $1 trillion a year – Bloomberg   

Energy News Beat 12 Nov, 2023 05:17 HomeBusiness News The annual cost of government borrowing has doubled in the past 19 months US interest payments on its national debt are estimated to have surged above $1 trillion on an annualized basis as of the end of October, according to a Bloomberg report this week.    […]

Dems Suffer Flashbacks As 2016 ‘Spoiler’ Jill Stein Announces White House Run

Energy News Beat Democrats across the country are pacing their living rooms with clenched jaws and fists, as the woman they hold responsible for tipping the 2016 presidential election to Donald Trump has announced she’s jumping into the 2024 race.   Jill Stein, who previously ran for president on the Green Party ticket in 2016 and 2012, announced […]

Dems Suffer Flashbacks As 2016 ‘Spoiler’ Jill Stein Announces White House Run

Energy News Beat Democrats across the country are pacing their living rooms with clenched jaws and fists, as the woman they hold responsible for tipping the 2016 presidential election to Donald Trump has announced she’s jumping into the 2024 race.   Jill Stein, who previously ran for president on the Green Party ticket in 2016 and 2012, announced […]