China To Accelerate The Construction Of Coal-Fired Power Plants

Germany Is Now Officially A Planned Economy Authored by Eduard Braun via Mises Institute, Germany’s push for a social-ecological market economy rests on far-reaching state interventions in energy and industry, including a government-driven hydrogen strategy. In a recent report Germany’s Federal Audit Office explicitly describes the policy as a planned economy and highlights fundamental problems. At the same time, it doubts that the government will reach its own targets, indicating that these climate-policy experiments are likely to fail even on their own terms. Germany’s “social-ecological transformation” is the political program of turning...

President Trump on Tuesday threatened Iran with “consequences never seen before” if its forces lay mines in the Strait of Hormuz, as the Trump administration appears to be scrambling on how to deal with the war’s impact on the global oil market. “If Iran has put out any mines in the Hormuz Strait, and we […]

Cantor Fitzgerald Slammed Over Tariff Trades Which Never Happened In retrospect, if only Cantor Fitzgerald was called PolyCantor, none of this would have happened. Ever since September, the upstart online betting marketplace PolyMarket has been offering traders the opportunity to make money by betting whether the US Supreme Court would rule in favor or against Trump's tariffs, with millions of bets placed for either outcome (of course, we learned the outcome at 10am ET on Friday, when a 6-3 majority - including two Justices selected by Trump - voted against the...