What Caused the Collapse of Silicon Valley Bank?

Aluminum Market Descends Into Supply 'Black Hole' Aluminum prices on the London Metal Exchange are climbing into the end of the week, reaching $3,621 a ton and approaching the peak seen during Russia's 2022 invasion of Ukraine. The problem now is that the aluminum market has been thrust into a serious supply shock amid the U.S.-Iran conflict in the Middle East, one that is unlikely to be reversed in the near term. One big problem we highlighted last weekend was that Emirates Global Aluminum (EGA), the Gulf's largest aluminum...

Peer Review Is Broken - Here's How To Fix It Authored by Rob Jenkins and Michael R. Jenkins via the Brownstone Institute, Within academia, there seems to be a growing consensus that the peer-review system—once the backbone of academic scholarship—is broken. But is it irreparably so? Perhaps. At the very least, the breakdown of its current form is worth exploring. However, rather than abandoning the entire endeavor, we believe we have a novel solution. First, though, let us examine where the system went wrong. In the Middle Ages, most scientific research was...

Eurasia Energy War? As analysts and traders continue to assess the Gulf energy shock and its implications for the global economy, another alarming development has emerged across the energy sector: Ukrainian kamikaze drone strikes have reportedly disrupted a significant portion of Russia's oil export capacity, according to Reuters. Reuters calculates that recent Ukrainian drone strikes on Russia's oil and fuel export infrastructure, including attacks on all three of Russia's major western oil export ports, Novorossiysk on the Black Sea and Primorsk and Ust-Luga on the Baltic Sea, have eliminated 40%...