Businessman Yasir Hakimov is engaged in a trade that has become very fashionable in his home city of Bishkek the past two years -- reexporting cars from third countries to vehicle-hungry, sanctions-struck Russia.In November and December alone, Hakimov said he sent to Moscow nearly 200 vehicles initially imported to Kyrgyzstan, which is a member of the Russian-led Eurasian Economic Union (EEU) trade bloc.Most of the cars came from China, with South Korea, the United Arab Emirates, and Europe sending... Читать дальше...
Via SchiffGold.com, The first half of 2023 was a record-breaking moment for central bank gold buying, led by none other than China and Russia. Organizations like the World Gold Council reported a staggering increase compared to 2022: “On a year-to-date basis, central banks have bought an astonishing net 800t, 14% higher than the same period last year.” Whether or not The January Effect will apply to the gold price as we finish the first month of 2024, there are plenty of indicators that the central... Читать дальше...
Nearly two decades ago, President George W.Bush’s administration passed the Energy Policy Act of 2005 that ‘‘…provides categorical exclusions from National Environmental Policy Act reviews for permitting for drilling in public lands where drilling has occurred within the last five years, or where an approved environmental evaluation was completed within the last five years”.Interestingly, this special privilege only applies to oil and gas fields but not to geothermal energy, despite the latter being…
Via Metal Miner The Renewables index began 2023 fairly sideways. However, it broke that trend in Q3 and Q4 when it edged downward. Numerous components of the index, including silicon and cobalt, experienced market oversupply. This caused prices to drop and pulled the index down with it. Grain oriented electrical steel also experienced market volatility in Q3 and Q4, which massively impacted the index. While experts anticipate the Bipartisan Infrastructure Law will fuel renewable energy projects... Читать дальше...
