Feb 23, 2023
South African utility Eskom is instituting rolling blackouts 3x times a day lasting 3 hours at a time due to insufficient power production. Source
Feb 23, 2023
“At least three grocers in the United Kingdom are now rationing fruits and vegetables as retailers are hit by the effects of low harvests in parts of Europe and Africa, as well as adverse weather and issues with transportation. Aldi, Asda, and Morrisons are now...
Feb 21, 2023
The United Kingdom is experiencing shortages of eggs and tomatoes. Egg shortages are due to the spread of Avian flu in Europe and subsequent extermination of infected flocks, while high energy prices led many winter grow operations to shut down, resulting in the...
Feb 16, 2023
Energy Analyst Sergey Vakulenko makes the case that Russian oil producers are using higher shipping costs and Russian-controlled shadow fleets to circumvent western sanctions. This tactic means Russian tankers can still use Western insurance providers while...
Feb 9, 2023
Reuters: “Slumping energy revenues and soaring expenditure pushed Russia’s federal budget to a deficit of 1.76 trillion roubles ($24.78 billion) in January.” Analyst Comment: I predict Russia will be successful in replacing a significant portion of...
Feb 8, 2023
Fox Business: “A growing copper deficit could impact the market for years to come as mining setbacks in South America mount… Edward Moya, senior market analyst at OANDA in New York, told FOX Business ‘Peru, which accounts for 10% of global copper...
