Category: Energy News Beat

Watch Live: ‘Hawkish’ Powell Hints At Firmer Policy Position, Warns Of Inflation “Head-Fakes”

Energy News Beat Joining Powell in the discussion are the IMF’s Gita Gopinath, Bank of Israel Governor Amir Yaron, and Kenneth Rogoff, chair of international economics at Harvard University. Thank you for the opportunity to participate in today’s panel discussion. My assigned topic is U.S. monetary policy in the current global inflation episode. I will briefly address […]

ProPublica 23 Times More Likely To Attack Conservatives Than The Left, New Analysis Finds

Energy News Beat A new report has found that ProPublica, which bills itself as “an independent, nonprofit newsroom that produces investigative journalism with moral force”, is actually bankrolled by Democrats and attacks conservatives 23 times more than the left.  An analysis recently published by Restoration of America (ROA) found, after reviewing more than 700 ProPublica articles published […]

Stocks Tumble, Yield Surge After Catastrophic 30Y Auction Stops With Biggest Tail On Record As Foreign Demand Craters

Energy News Beat Complete disaster. That’s the only way one can describe today’s 30Y auction, which many expected could be challenging after a mediocre 3Y and a subpar 10Y auction earlier this year, but nobody expected… this. The bond priced at a high yield of 4.769%, which was below last month’s 4.837%, and just shy […]

Ukraine ‘has no Russian minority’ – deputy PM

Energy News Beat The EU is not pressuring Kiev to protect the Russian language, the minister in charge of integration has claimed The European Commission cannot have complaints about discrimination against the ethnic Russian minority in Ukraine because there is no such section of the population, Kiev’s deputy prime minister for European integration, Olga Stefanishina, […]

Oil sputters near three-month lows as demand concerns mount

Energy News Beat Today Oil prices remained under pressure on Wednesday after sliding to their lowest in more than three months in the previous session, slipping further on concern over waning demand in the United States and China. Source: Reuters Brent crude futures dipped 8 cents to US$81.53 a barrel by 0914 GMT while U.S. […]

Politician survives ‘execution-style shooting’ in EU state

Energy News Beat Spanish party official Alejo Vidal-Quadras survived the incident and has been transported to hospital, reports say Alejo Vidal-Quadras, the former leader of Spain’s center-right People’s Party in the region of Catalonia, was shot in the face in the wealthy Salamanca area of Madrid on Thursday afternoon, police have stated. The 78-year-old survived […]

Airline to honor $1.37 flights after booking glitch

Energy News Beat The error coincided with the lead-in to China’s busiest period of the year for online shopping China Southern Airlines has pledged to honor tickets sold for as little as $1.30 during a two-hour error on its mobile-phone app and other ticket-booking platforms on Wednesday. “All tickets sold by China Southern Airlines during […]

American singer gives India a ‘lesson on democracy’

Energy News Beat Mary Millben, who performed the Indian anthem during Modi’s visit to the US this year, has criticized the head of the Bihar state for his remarks on women Mary Millben, a US singer from Oklahoma, has slammed Nitish Kumar, the chief minister of the Bihar state in India, for saying women’s education […]

EU lawmakers ask bloc members not to seize Russian cars

Energy News Beat By impounding personal vehicles, national authorities discredit the “goal and instrument of sanctions,” the MEPs claim Confiscating personal vehicles registered in Russia in the name of sanctions compliance is overkill, the European Parliament is arguing. Several European nations have resorted to the practice since the European Commission issued a clarification in September […]

US ambassador laments ‘scary’ Biden poll numbers

Energy News Beat The diplomat is worried to see voters “strongly favor” Donald Trump, but advised not to underestimate the president’s chances of victory US Ambassador to Canada David Cohen has recently revealed that fresh polling in six key swing states paints a grim picture for incumbent President Joe Biden, who leads in only one […]