Posts

Showing posts with the label Economics

Lightning Strike Ignites Explorer Pipeline Tanks in Glenpool, Oklahoma

Image
A thunderstorm over Tulsa County did more than soak the ground Monday morning. A lightning bolt found a tank at Explorer Pipeline’s Glenpool farm, and... Read the full article below ↓

Rand Paul Fort Knox Visit: Gold Is There — But Is That an Audit?

Image
On August 10, 2026, Senator Rand Paul visited the U.S. Bullion Depository at Fort Knox and later stated that approximately 147 million ounces of gold ... Read the full article below ↓

US-Japan Yen Intervention: First Joint Support Since 2011 After 40-Year Low

Image
Key Takeaways by Planet Today:Rare coordination resets market expectations: The first US-Japan joint yen-buying operation since 2011 (and first pure b... Read the full article below ↓

Dollar Slides as Rate Hike Prospects Ease After June CPI Data, Oil Gains Moderate

Image
Key Takeaways by Planet Today:Inflation Moderation Signals Policy Flexibility: The sharpest slowdown in US price growth in six years, with headline CP... Read the full article below ↓

Novosibirsk Urges Work from Home Amid Fuel Crisis Affecting 90% of Russian Regions

Image
Key Takeaways by Planet TodayCrisis Scale and Reach: Fuel shortages have spread to over 90% of Russia's regions since June 2026, affecting an estimate... Read the full article below ↓

Bosch Pivots to Robots: $19.2B Sensor Market Opportunity Emerges

Image
Struggling with weak demand in its auto business, Bosch is pivoting to humanoid robots. The German giant highlights booming opportunities in MEMS sens... Read the full article below ↓

India Breaks Through Zojila Tunnel to China Border Zone

Image
Indian engineers broke through the final rock section in the strategic Zojila tunnel through a Himalayan mountain on Tuesday, a milestone in providing... Read the full article below ↓

US Proposes New Tariffs on Forced Labor, Irking Europe with 10-12.5% Duties

Image
The US Trade Representative on Tuesday proposed new duties targeting 60 economies for alleged failures to act against forced labor , a move that risks ... Read the full article below ↓

Is Your Chocolate Going Biotech? Mars, Hershey & Nestlé’s Lab-Grown & CRISPR Shift

Image
Your favorite candy bar is changing — and not just the recipe. Major players like Mars, Hershey, and Nestlé are pouring millions into lab-grown cocoa... Read the full article below ↓

The EU’s sanctions fever: From Russia to China, a crisis expands

Image
The European Union has taken yet another step in its long-running confrontation with Russia. But what now stands out is not only the scale – it is t... Read the full article below ↓

US reverses on pledge not to renew Russian oil waiver

Image
The US has renewed a sanctions exemption allowing Russian crude and petroleum products already loaded onto tankers to be delivered and sold freely, ... Read the full article below ↓

Hungary to purchase US oil following Vance visit

Image
Hungary is purchasing crude oil worth $500 million from the United States to “diversify supply sources”, a government official said on Thursday, follo... Read the full article below ↓

US gas price hits $4 a gallon, highest since 2022

Image
The average price of gasoline at US pumps has soared past $4 a gallon, the American Automobile Association (AAA) reported Tuesday, the highest for nea... Read the full article below ↓

Iran warns ready for long war that would ‘destroy’ world economy - AFP

Image
Iran said Wednesday it was ready for a long war of attrition that would “destroy” the world economy, after firing on two commercial ships and threat... Read the full article below ↓

Pakistan orders fuel-saving due to soaring oil costs

Image
Pakistan’s Prime Minister Shehbaz Sharif on Monday unveiled a raft of austerity measures designed to save fuel, as oil prices soar due to the US-Israe... Read the full article below ↓

Western energy pressure on Russia has backfired – Kremlin envoy

Image
Western efforts to isolate Russian energy have proven counterproductive, Kremlin envoy Kirill Dmitriev has said, noting that the pressure has only p... Read the full article below ↓

Canada PM vows to beef up defence and economy ties with Japan

Image
Canada’s Prime Minister Mark Carney vowed Friday to strengthen defence cooperation and economic security with Tokyo, in the Japan leg of his Asia-Pa... Read the full article below ↓

Trump aide says US economy ‘really strong’ despite February jobs decline

Image
White House economic adviser Kevin Hassett said in an interview Friday that the US economy is “really strong” despite losing 92,000 jobs in February... Read the full article below ↓

European gas prices surge over 20% on Iran conflict

Image
European gas prices soared more than 20 percent Monday on fears that the Iran war will cut supplies in the Gulf region, notably exports from Qatar. Th... Read the full article below ↓

Crude, gas prices soar and stocks drop after US strikes on Iran

Image
Oil and gas prices soared while stocks fell in Asia on Monday after US-Israeli strikes on Iran sent investors fleeing the prospect of an extended conf... Read the full article below ↓