Month: October 2021
China’s Power Crisis Could Have A Massive Impact On Aluminum Supply
A timely post by the Financial Times covers the threat to the global auto industry as a result of the power crisis in China limiting supplies of key components used across a range…
Oil hits multi-year highs as energy crisis intensifies
A shortage of natural gas is creating additional demand for petroleum products like fuel oil and diesel from the power generation sector, coinciding with the rebound in key economies after the pandemic. A…
Nobel Economics Prize of 2021
The Norwegian Nobel Committee awarded the 2021 Sveriges Riksbank Prize in Economic Sciences to three US-based economists: David Card, Joshua D. Angrist and Guido W. Imbens. The prize has been awarded – with…
An energy crisis is gripping the world, with potentially grave consequences
The economic recovery from the pandemic recession lies behind the crisis, coming after a year of retrenchment in coal, oil and gas extraction. Other factors include an unusually cold winter in Europe that…