Economy & Finance

Here’s What Happened Inside Convenience Stores When Gas Hit $4 Continuing our coverage of consumer behavior shifts at petrol stations and convenience stores, the U.S. national average for 87-octane gasoline has remained above the politically sensitive $4-a-gallon level for three weeks. Goldman analysts have released a new note indicating that a majority of convenience stores […]

European Car Sales Jump 11% As Fuel Shock Drives EV Demand European auto sales posted their strongest monthly gain in almost two years in March, as robust demand emerged for fully electric and hybrid models. The surge in demand follows the US-Iran conflict, which disrupted energy flows through the Hormuz chokepoint. As a result, petrol

White House Working On NATO ‘Naughty & Nice’ List Based On Iran War Support US officials are drafting what diplomats provocatively describe as a “naughty and nice” list ranking NATO allies based on their support for the US-Israeli war against Iran. Fresh reporting in Politico describes the proposal, developed ahead of NATO chief Mark Rutte’s

Judge Blocks Trump Admin’s Move To Halt Wind, Solar Approvals Authored by Steve Watson via Modernity.news, Landlords in London and the south-east of the UK are openly advertising flats and rooms exclusively for Muslim tenants – a practice that directly breaches the Equality Act 2010. The listings, spotted on Facebook, Gumtree and Telegram, use phrases

Russia To Stop Kazakh Oil Flows To Germany Via Druzhba Pipeline After several weeks of the main oil artery into Europe being halted – perhaps as Ukraine awaited the outcome of the Hungary election and the greenlighting of Europe’s €90 billion loan to Kiev – Zelenskyy stated the Druzhba oil pipeline will be ready to ship

UK High Court Backs Facial Recognition Rollout Authored by Kit Knightly via OffGuardian.org, Yesterday evening, the UK’s High Court ruled in favour of the Metropolitan Police in a legal challenge pertaining to the use of Live Facial Recognition Technology (LFR) across London’s transport network. The case had been brought by Silkie Carlo of Big Brother

Outrage After Von Der Leyen Groups Turkey Into Malign Axis With Russia, China Turkey’s government as well as some members of the European Parliament on Wednesday criticized recent remarks by European Commission President Ursula von der Leyen suggesting Europe should not fall under the influence of Russia, Turkey, or China – calling the comments misleading and

Nuclear Fuel Consortium To Provide Update On Approved Plans of Action The Department of Energy’s (DOE’s) Nuclear Fuel Defense Production Act (DPA) Consortium will be meeting on Thursday morning to “provide updates to the public on the progress of the Consortium and provide commentary on approved Plans of Action”. Trump: “The US is going heavy

UK, France Lead 30-Nation Military Push To Reopen Strait Of Hormuz Submitted by Michael Kern of OilPrice.com, The UK is hosting (yesterday and today) a two-day multinational conference convening military planners from more than 30 countries as Britain and France renew efforts to re-open the Strait of Hormuz. The two-day conference takes place just after U.S.

Curious Timing: Ukraine Declares Druzhba Pipeline Repaired After New Hungarian PM Elected Ukraine announced Tuesday it completed repairs to the damaged Druzhba oil pipeline and stands ready to resume pumping Russian oil to Europe, a step Ukrainian officials expect will unlock a long-delayed EU aid package. The timing is quite interesting and surely not coincidental