Economy & Finance

Powerful 7.5-Magnitude Quake Hits Northern Japan, Triggers Tsunami Warnings A powerful and shallow 7.5-magnitude earthquake struck off Japan’s northeast coast, triggering a tsunami at Kuji Port in Iwate Prefecture. Public broadcaster NHK initially warned that a tsunami up to 10 feet high was expected to hit the Iwate area on Honshu’s main island. However, so […]

From Leverage To Liability: The Hormuz Strait Is Now Iran’s Biggest Weakness Authored by Daniel Lacalle, For half a century, the Strait of Hormuz was Iran’s weapon. Today, it is its noose. The mathematics of energy have flipped, and with them the balance of coercive power in the Persian Gulf. Iran’s implicit deterrent was geographic,

These Are The Countries Building The Most Nuclear Power China is set to become the world’s dominant nuclear power producer. Based on existing and planned projects, its total capacity could reach nearly 186 gigawatts, far surpassing the U.S., which currently leads globally. This shift reflects a broader push to secure reliable, low-carbon energy as electricity

Europe Faces Summer Jet Fuel Crisis As Iran War Slashes Supply Authored by Tsvetana Paraskova via OilPrice.com, Europe faces an imminent jet fuel crisis as the Iran war and Hormuz disruption cut off key Middle Eastern supplies. Long-term refinery closures and rising import dependence have left Europe highly exposed, with limited alternatives and growing competition

Europeans Pay The Most For Public Transport Creating and maintaining reliable, efficient and affordable public transportation networks is crucial for developing a more sustainable mobility sector worldwide, though challenges vary by region. In Europe, gaps are most evident in rural areas, where low population density limits service frequency. In North America, many cities also suffer from fragmented

Cracks Appear In Climate Consensus As Germany’s Energy Minister Admits Renewables Are Ruining The Country Authored by Tilak Doshi, When Simon Wakter, Political Adviser to Sweden’s Minister for Energy, posted on X last Wednesday with a simple “Wow, incredible article” and a clapping emoji, he captured the shock rippling through Europe’s energy commentariat. The target of his

These Are The Top Trade Partners Of Every European Country Germany sits at the center of Europe’s trade network, but it is not the only global force shaping the continent’s economy. This map, via Visual Capitalist’s Gabriel Cohen, highlights the top trading partner of each European country based on International Monetary Fund data for Q1-Q3 2025. Europe’s

Will Ukraine End Up Forcibly Conscripting Women To Fight On The Frontline? Via Remix News, Since Ukraine’s population has shrunk dramatically, the army’s number one problem is no longer the lack of weapons, such as ballistic missiles and air defense systems, but the lack of soldiers to operate them, writes Világgazdaság. The authorities in Kyiv, however, must bring

Assisted Suicide Is The Logical Outcome Of Government-Controlled Medical Care Authored by William Andersen via The Mises Institute, Christianity Today recently published an article by Kristy Etheridge that was very critical of Canada’s Medical Assistance in Dying (MAID) program, something that would not be surprising, given the magazine’s evangelical Christian outlook on issues. The article—again, not surprisingly—dealt mostly

Bulgaria’s Former Pro-Russian President Set For Landsllde Election Win Just as Europe’s neoliberal establishment was celebrating the downfall of Hungary’s Orban and his replacement with… another hard-line ant- immigrationist, it got some bad news on Sunday, as Bulgaria’s pro-Russian former President Rumen Radev was set for a runaway victory in the election and may even