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Oil Prices up Again on U.S. Crude Draw, Despite Huge Fuel Builds By Investing.com

Oil Prices up Again on U.S. Crude Draw, Despite Huge Fuel Builds By Investing.com

© Reuters. By Barani Krishnan Investing.com — Oil prices extended their rally on Wednesday after the U.S. government reported an outsized weekly drop in crude stocks that seemed to reflect a heavy year-end destocking exercise…

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China’s spat with billionaire is part of bigger push to control big tech – Silicon Valley could be next

China’s spat with billionaire is part of bigger push to control big tech – Silicon Valley could be next

Chinese tech billionaire Jack Ma has allegedly fallen out with the Beijing government. Several recent articles reported that Ma offended the Chinese authorities by delivering a speech in Shanghai in October criticising financial regulation, and…

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Trump administration readies oil bidding in Alaska wildlife refuge By Reuters

Trump administration readies oil bidding in Alaska wildlife refuge By Reuters

© Reuters. FILE PHOTO: A polar bear keeping close to her young along the Beaufort Sea coast in the Arctic National Wildlife Refuge By Nichola Groom and Yereth Rosen (Reuters) – The Trump administration on…

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here’s who will win and who will lose

here’s who will win and who will lose

The coronavirus has crippled the world economy. Global GDP suffered its sharpest drop since the end of the second world war in 2020, millions were unemployed or furloughed, and governments pumped trillions of dollars into…

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Why is Bitcoin’s price at an all-time high? And how is its value determined?

Why is Bitcoin’s price at an all-time high? And how is its value determined?

Bitcoin continues to trade close to its all-time high reached this month. Its price is now around US $34,000 — up about 77% over the past month and 305% over the past year. First launched…

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Oil Inventories Fall by 1.663M Barrels Last Week: API By Investing.com

Oil Inventories Fall by 1.663M Barrels Last Week: API By Investing.com

© Reuters. By Yasin Ebrahim Investing.com – U.S. oil stockpiles fell last week, but product inventories rose sharply taking some shine off a positive day for oil prices Tuesday after Saudi Arabia delivered an expected cut…

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Can a future ban on gas-powered cars work? An economist explains

Can a future ban on gas-powered cars work? An economist explains

The U.S. transportation sector is one of the largest contributors of carbon dioxide, the potent driver of climate change. Transportation accounts for about 28% of total U.S. greenhouse gas emissions and, since 1990, emissions in…

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Air pollution may contribute to Alzheimer’s and dementia risk – here’s what we’re learning from brain scans

Air pollution may contribute to Alzheimer’s and dementia risk – here’s what we’re learning from brain scans

Alzheimer’s disease is the most common cause of dementia. It slowly destroys memory, thinking and behaviors, and eventually the ability to carry out daily tasks. As scientists search for a cure, we have been learning…

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Oil prices tick up on OPEC studying output cut, Iran tensions By Reuters

Oil prices tick up on OPEC studying output cut, Iran tensions By Reuters

© Reuters. FILE PHOTO: Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub By Shadia Nasralla LONDON (Reuters) – Oil prices inched up on Tuesday as tension around Iran’s…

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Collective action around common resources could help vulnerable communities

Collective action around common resources could help vulnerable communities

Two separate economic studies point to a grim current economic reality in South Africa. Close to 3 million jobs lost due to the COVID-19 lockdown in April were not recovered again by June 2020. Also…

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