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East Timor Uses China as Bargaining Chip during Energy Negotiations with Australia

September 5, 2022 - 11:35 amSeptember 5, 2022 - 10:10 am by Nick R. Hamilton

East Timor is using China as a bargaining chip in negotiations with Australia’s government over the construction of a gas pipeline from the resource-heavy Timor Sea.

Categories Economy Tags Australia, Business, China, East Timor, Energy, Gas, Jose Ramas-Horta, News, Pipeline Leave a comment

Judge Backs Biden, Rules in Favor of Wyoming Oil Lease Pause

September 4, 2022 - 10:10 am by Nick R. Hamilton

A federal judge has sided with Democrat President Joe Biden’s administration and ruled in favor of the government halting oil and gas leases in the state of Wyoming.

Categories Economy Tags Biden, Business, News, Oil 1 Comment

Shortage of Fracking Equipment Is Slowing US Shale Oil Output amid Energy Crisis

September 3, 2022 - 12:56 pmSeptember 3, 2022 - 10:10 am by Nick R. Hamilton

Fracking companies are reporting that shortages in hydrofracking equipment are causing shale oil output to slow down.

Categories Economy Tags Business, Energy, Energy Crisis, Fracking, News, Shale Leave a comment

Just 1% of Americans Describe Biden’s Economy as ‘Excellent’ Ahead of Midterms, Poll Shows

September 2, 2022 - 10:10 am by Nick R. Hamilton

Just 1 percent of American voters describe the economy under Democrat President Joe Biden as “excellent,” a new poll has revealed.

Categories Economy, Politics Tags Biden, Business, Economy, News 4 Comments

Exxon Takes Legal Action over Putin Blocking Exit from Russia

September 1, 2022 - 1:02 pmSeptember 1, 2022 - 10:10 am by Nick R. Hamilton

ExxonMobil is taking legal action against Russia after President Vladimir Putin blocked the Texas-based fossil fuel company from leaving the country.

Categories Economy Tags Business, ExxonMobil, News, Oil, Putin, Russia 2 Comments

Russia Halts Gas Flows to Europe, Germany Claims ‘No Cause for Alarm’ Yet

August 31, 2022 - 12:11 pmAugust 31, 2022 - 10:10 am by Nick R. Hamilton

Russia has halted gas supplies to Europe via a key European supply route citing maintenance issues, according to reports.

Categories Economy Tags Business, Europe, Gas, Germany, News, Nord Stream 2, Russia 3 Comments

‘Black Swan’ Author Says Colleges Should Pay for Biden’s Student Loan Wipeout, Not Taxpayers

August 30, 2022 - 1:35 pmAugust 30, 2022 - 10:10 am by Nick R. Hamilton

Economist Nassim Nicholas Taleb has criticized President Joe Biden’s controversial student loan debt forgiveness plan.

Categories Economy Tags Biden, Business, Economist, Nassim Nicholas Taleb, News, Student Loans 6 Comments

Germany’s Fears of Winter Gas Shortages Ease as Storage Fills up Faster than Expected

August 29, 2022 - 11:23 amAugust 29, 2022 - 10:10 am by Nick R. Hamilton

Germany’s Economy Minister Robert Habeck has announced that the German government’s fears of major natural gas shortages over the winter are easing.

Categories Economy Tags Business, Energy Crisis, Europe, Germany, Natural Gas, News Leave a comment

Facebook to Settle Cambridge Analytica Data Privacy Lawsuit

August 28, 2022 - 1:08 pmAugust 28, 2022 - 10:10 am by Nick R. Hamilton

Meta’s Facebook has agreed to settle a lawsuit that alleges the social media platform inappropriately shared user data with third parties, including Cambridge Analytica.

Categories Economy Tags Business, Cambridge Analytica, Facebook, Lawsuit, Meta, News 1 Comment

Fed’s Powell Warns of Economic Pain: Inflation Fight Will Last ‘Some Time’

August 28, 2022 - 6:43 amAugust 27, 2022 - 10:10 am by Nick R. Hamilton

Federal Reserve Chairman Jerome Powell has warned Americans to brace for a long period of economic pain, revealing that he expects the fight against inflation will last “for some time.”

Categories Economy Tags Business, Economy, Federal Reserve, Inflation, Interest Rates, Jerome Powell, News 4 Comments
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