2023 Layoffs: Spotify Slashes 6% Of Jobs In Latest Tech Onslaught

Cracks Appear In Climate Consensus As Germany's Energy Minister Admits Renewables Are Ruining The Country Authored by Tilak Doshi, When Simon Wakter, Political Adviser to Sweden’s Minister for Energy, posted on X last Wednesday with a simple “Wow, incredible article” and a clapping emoji, he captured the shock rippling through Europe’s energy commentariat. The target of his applause was not some fringe sceptic but Germany’s own Economy and Energy Minister, Katherina Reiche. In a guest column for the Frankfurter Allgemeine Zeitung, Reiche delivered a verdict that would have been career-ending heresy only a year ago: “One fact...

EV Demand Surges Across Asia After Energy Shock Sends Consumers Into Panic Mode One of the biggest takeaways in global energy markets this week is the growing fragmentation. Brent crude in Asia has surged to over $150 a barrel, with demand destruction already emerging, and China and India facing the greatest pressure given their heavy reliance on Gulf crude. Meanwhile, the Trump administration has moved to release barrels from the Strategic Petroleum Reserve to help cap WTI prices below triple digits, with US crude currently trading around $94 a barrel. And...

Things Get Interesting-er Authored by James Howard Kunstler, “It is one thing for the people (of Iran) to be ruled by globally feared autocrats armed to the teeth, but quite another to be governed by humiliated, now impotent incompetents and buffoons.” - VDH Wednesday the US / Iran ceasefire expires. It has been an interesting two weeks. The US used it to negotiate an end to hostilities, resupply our ships in the Arabian Sea, do maintenance on our ships and warplanes, dismantle Iran’s banking conduits, and blockade Hormuz to shut down the...