The focus of Australia’s reinvigorated friendship with the UK and US exposes the true purpose of the new partnership: global military expansion and buy-in on Cold War 2.0. It’s nothing to do with making the world a better place. In past years, treaties were often a force for good. A …
Read More »Sweden to launch ‘exceptional’ measures amid 300% rise in electricity price
The Swedish government will allocate some $670 million to compensate households for skyrocketing electricity prices, Finance Minister Mikkel Damberg said at a press conference on Wednesday. “This is an exceptional measure in an exceptional situation, it is unusual to go in with support when prices fluctuate in markets,” Damberg stated …
Read More »France may see 40% electricity price surge by February
The French authorities are working on further measures to restrain spiking energy prices, the country’s finance minister said, issuing a warning about political fallout ahead of a presidential election. “Look what’s going on in Kazakhstan, it’s quite indicative of what can happen when energy prices explode, it’s politically dangerous,” Bruno …
Read More »What price truth? How America’s whistleblowers fared in 2021
WikiLeaks founder, award-winning journalist, and Australian citizen Julian Assange has been an inmate of London’s high-security Belmarsh prison since April 2019. He embarrassed the American Empire and, as a result, is facing extradition to the US and prosecution in a kangaroo court under the terms of the Espionage Act. Assange …
Read More »Australia will pay a price for its shambolic foreign policy
On Wednesday, the former prime minister delivered an important and provocative speech at the National Press Club in Canberra. Keating, undoubtedly Australia’s last political leader of real intellectual stature and vision, left office in 1996. Since then, he has occasionally spoken out on political issues affecting Australia. His speech this …
Read More »Bitcoin price hits all-time high, while major card issuer embraces crypto in Asia Pacific
Reaching an all-time high of $68,382, bitcoin rose by nearly 5% during Asian trading hours on Tuesday. As of 05:30 GMT, the rally slowed, but the cryptocurrency was still trading close to the $68,000 mark. Since the start of October, bitcoin has been bullish, with the crypto market in total …
Read More »The 2021 oil price rally is far from over
Inventories around the world have fallen to below the pre-pandemic five-year average as stocks are depleting, with demand bouncing back amid a weaker supply response from producers. The energy crunch in Europe and Asia and record-high natural gas and coal prices add more arguments to the bullish case for oil …
Read More »Europe needs to understand root causes of rising gas price ‘phenomenon’ to avoid energy crisis – AEB
According to Tadzio Schilling, Wednesday’s gas price surge on the TTF hub in the Netherlands, which saw it hit an unprecedented $1,936 per 1,000 cubic meters, made both European market participants and politicians “nervous.” Schilling added that everyone expressed great “relief” when the price started dropping after Russian President Vladimir Putin …
Read More »Gas price in Europe soars above $1,900 per 1,000 cubic meters
According to data from the Intercontinental Exchange (ICE), the price of November futures on the TTF hub in the Netherlands rose to $1,936 per 1,000 cubic meters, as of 8:28am GMT. The price of gas on the European market has nearly tripled since the beginning of September, when October futures …
Read More »Early launch of Nord Stream 2 could ‘balance’ EU gas market & stop price surge – Kremlin
“Undoubtedly, the early commissioning of Nord Stream 2 will significantly balance the price parameters for natural gas in Europe, including on the physical market; this is obvious,” the official said, commenting on the unprecedented rise in European gas prices over the past 24 hours. He stressed that given the current …
Read More »