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Apr 7, 2026 / Tyler Durden
Europe's Climate Policy Forces Industry Into Retreat; Even Its Critics Are Folding
Europe's Climate Policy Forces Industry Into Retreat; Even Its Critics Are Folding
Submitted by Thomas Kolbe
In the media business, five months is an eternity. And it does indeed seem like an eternity has passed since Christian Kullmann, CEO of the German chemical giant Evonik, sharply criticized European climate policy at the end of October.
At the time, Kullmann gave an interview to Süddeutsche Zeitung, in which he called—if not for the outright abolition—then at least for a significant weakening of the EU-wide CO₂ emissions trading system, given the dramatic state of...
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Apr 13, 2026 / Tyler Durden
Hong Kong And The Quiet Rewiring Of The Dollar System
Hong Kong And The Quiet Rewiring Of The Dollar System
Authored by Peter C. Earle, Ph.D,
Hong Kong’s decision to move forward with its first stablecoin issuer licenses may prove to be about far more than digital payments. With HSBC and a Standard Chartered-led venture among the first approved issuers under the Hong Kong Monetary Authority’s new framework, the city is placing major regulated banks at the center of the next phase of monetary technology. Stablecoins remain overwhelmingly USD- and US Treasury-denominated, with more than 90 percent of the market’s roughly...
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Mar 31, 2026 / Tyler Durden
Tracking The Last UK-Bound Jet Fuel Tanker As Shortages Near
Tracking The Last UK-Bound Jet Fuel Tanker As Shortages Near
We outlined the early signs of global demand destruction and worsening energy chaos in a note earlier on Monday, mapping the regional dominoes and the order in which they are likely to fall. Turning to the UK, the last known jet fuel shipment from the Middle East is due to arrive later this week, a major warning that aviation disruptions could soon materialize.
The Financial Times reports that the Libyan-flagged Maetiga vessel, loaded with jet fuel from Saudi Arabia, is set...
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