Trump's Venezuela Oil Plan Runs Into Hard Reality

No Kings? In Europe, Monarchs Are Far More Popular Than Politicians In Europe, monarchs are far more popular than the politicians who govern. As Visual Capitalist details below, using data from Morning Consult, visualized by The European Correspondent, monarchs hold an approval advantage of nearly 30 points over national leaders. The gap appears in every country analyzed. The pattern reveals a clear divide: leaders making policy decisions often face public backlash, while ceremonial figures largely avoid it. Approval Ratings for Elected and Unelected Leaders Below, we break down approval ratings across eight European countries. From the UK...

Exelon "High Probability" Data Center Load Falls 40% By Ethan Howland, senior reporter at UtilityDive Exelon’s “high probability” data center load fell nearly 40%, to about 11 GW, in the second quarter from 18 GW at the end of last year, the Chicago-based utility company said Thursday. The decline comes as Exelon utilities have been entering into “transmission security agreements” with potential data center customers, it said. The TSAs include provisions designed to protect existing ratepayers from data center-related costs such as credit obligations, committed revenue contributions and shortfall payments. “What this update reflects...

The Strait Of Hormuz Crisis Exposes A Fatal Flaw In Economic Thinking Authored by Kurt Cobb via Resource Insights, Even a 4–5% loss in global energy supply could translate into a comparable drop in economic activity due to energy’s central role in all production. Disruptions in oil and LNG flows through the Strait of Hormuz are already removing a significant share of global energy, with cascading impacts across industries. Rising energy costs trigger widespread knock-on effects—from food and travel to semiconductors—potentially leading to a severe global recession. A priest, an engineer, and an economist are...