Silicon Valley’s AI Dreams Face a Blue-Collar Reality
AI energy needs are set to accelerate planetary damage, but in the meantime, they will generate a lot of blue-collar jobs.
Read more...Category Archives: Energy markets
Iran War: Iran and US Announce Signing of Memorandum of Understanding for Friday, Amid Doubts About Status of Terms, Israel Sabotage; Iran Claims Blockade and Hostilities on All Fronts to End Monday Night
Today’s Iran war news: For a change, both Iran and Trump say a “deal” really will be signed. But will that come to pass?
Read more...The US May Not Have Troops on the Ground, But Venezuela’s Government Is Occupied
As Delcy Rodríguez capitulates to US demands, the Venezuelan left is calling for resistance.
Read more...Iran War: Trump Again Whiplashes, Threatens Sustained Bombing, Capture of Kharg Island, Then Touts Plan to Sign Not-Finalized Iran Memo; More on Oil and Metals Squeeze, Plus SpaceX, AI Tidbits
Today’s Iran war post: Trump would have us believe that his 39th “deal is nigh” promise means it is about to happen.
Read more...Iran War: Trump Again Strikes Iran Out of Frustration With Refusal to Capitulate; More Reports of Trump’s Unhinged State; Iran Closes Strait of Hormuz; Doubts About Trump Claims of Covert Oil Transits
Today’s Iran war news: Trump looks hopelessly mired in Iran due to his emotional instability and denialism. Billions will pay the price.
Read more...Iran War: US Launches New Attacks on Iran Using Bogus Pretext, With Iran Retaliating Swiftly; Global-Economy-Destroying Long Conflict Looks Baked In
Today’s Iran war news: The laughably bad pretext for the latest attacks on Iran indicates the US will not abandon this conflict any time soon
Read more...Iran War: Israel Again Bombs Lebanon, Defying Trump and Killing “Deal”; Middle East Straits as Foundations for New Security Architecture; Alon Mizrahi’s Zionism Delenda Est; Debate Over Oil Cliff Timing
Today’s Iran war news: Israel promptly again defied Trump by bombing Lebanon and Iran vows to end the blockade if there is no pact.
Read more...Iran War: Iran Launches New Strikes on Israel After Netanyahu Humiliated Trump by Ignoring Demand to Stand Pat; Ansar Allah Attacks Israel and Saudi Base, Makes Red Sea Threat; South Korea Swoon Adds to AI Meltdown; BREAKING Bab el-Mandeb Closed?
Today’s Iran war update: Iran and Israel exchange attacks rapidly as Trump blusters and the AI meltdown accelerates in global markets
Read more...‘Are We Really Such Idiots?’ US Increases Stranglehold on EU Energy Supply with Growing Role in Caucasus
The US is now effectively gatekeeper to EU energy supplies running through the Caspian and Black Sea regions, and hardly anyone in power seems to mind.
Read more...The Impoverishing Thinking of Central Bankers Who Want Interest Rate Rises
Central bankers look to make a bad problem worse by trying to ensure wages and prices stay down even as energy costs rise.
Read more...Iran War: Hezbollah Rejects Israel-Favoring Ceasefire, Casting More Doubt on “Deal”: Iran Agrees to Inspection of Bushehr Plant but No Enriched Uranium Concessions; Trump Warned of Oil Cliff as Private Debt Fund Wobbles Rise
Today’s Iran war news: The US-Iran impasse is undeniable to everyone ex Team Trump as Israel balks and the oil cliff comes ever closer.
Read more...Fox News Defines Most Americans as Anti-American
Fox News brands the majority of Americans as official enemies, echoing extra-legal ““domestic terrorism organizations” in Trump’s NSPM-7.
Read more...Iran War: US Attempts Project Freedom 2.0 as Israel Continues Attacks in Lebanon Despite Alleged Ceasefire; Iran Economy Not Harmed by Sanctions, Performed on a Par to Saudis; Rice Prices Jump in Asia
Today’s Iran war update: Iran punched back harder than the US expected in the latest exchange, but Israel still refuses to stop war-making.
Read more...Satyajit Das: An Emerging Market Crisis in Oil-Poor Asia?
It is no secret that most countries in Asia will be hard by the energy crunch. What can they do?
Read more...Europe Scrambles to Contain the Energy Shock
Europe expects annual energy price increases to hit 11% in May. What happens when the oil cliff fully kicks in?
Read more...