Commodities Archives | naked capitalism

Construction Costs Spike 17.5%, Worst Since at Least 1965. Inventories of New Houses Pile Up, Highest Since 2008. Median Price Dives as Mix Shifts

A rise of unfinished houses thanks to construction delays. Massive supply building up in the pipeline.

UN Report: The World’s Farms Stretched to ‘A Breaking Point’

UN: Climate-stressed, pollution-degraded farms system must adopt sustainable practices to feed an additional 2 billion by 2050.

Strong Earthquakes Spell Trouble For America’s Oil Heartland

It’s hardly a secret that fracking has produced a sharp increase in the frequency of earthquakes. But now they are becoming more severe too.

Book Review: Gabe Brown’s “Dirt to Soil”

“From Dirt to Soil” is well worth a read — and very hopeful, a good thing these days.

Metals May Become the New Oil in Net-Zero Emissions Scenario

Economists project that prices for energy-transition metals will soar and their combined value could match that of crude oil

Spike in Energy Prices Suggests That Sharp Changes Are Ahead

Gail Tverberg expands her focus beyond energy to provide an analysis of what is going terribly wrong in the world economy

“We Will No Longer Sell Crude Abroad”: Mexican President AMLO

This is good news for Mexico’s long-beleaguered state-owned oil company, Pemex, but not such good news for the US’ refinery industry.

Global Weather Disruptions, Food Commodity Prices, and Economic Activity: A Global Warning For Advanced Countries

Examines the macroeconomic effects of global food commodity price increases that are caused by global harvest and weather disruptions, and finds that the decline in economic activity is substantial and greater in advanced than in low-income countries.

African Faith Leaders to Gates Foundation: Drop ‘African Green Revolution’

“When it comes to the climate, African faith communities are urging the world to think twice before pushing a technical and corporate farming approach.”