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China Sidesteps Solar Targets In New Five-Year Plan
China Sidesteps Solar Targets In New Five-Year Plan
China’s latest five-year plan avoids setting ambitious solar targets, signaling rising challenges for the sector after years of explosive growth, according to Bloomberg.
Released during the annual National People’s Congress, the plan does not include a goal for solar installations by 2030. That omission contrasts with clearer commitments elsewhere in the energy mix, including plans to double offshore wind capacity and expand nuclear and pumped-hydro power. Solar receives relatively little attention overall, while policymakers instead emphasize broader transition initiatives such as zero-carbon industrial...
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Jun 2, 2026 / Tyler Durden
HSBC Warns Of Commodity "Super-Squeeze" As Goldman Hikes Copper Forecasts
HSBC Warns Of Commodity "Super-Squeeze" As Goldman Hikes Copper Forecasts
Copper is inching closer to its mid-May all-time high of $14,153 a ton on the London Metal Exchange, trading around $13,832 on Tuesday morning, as Goldman raised its year-end price targets and HSBC warned that commodities face a "super-squeeze" with the Hormuz maritime chokepoint still largely shuttered in early June.
Let's begin with HSBC analysts, who wrote in a note to clients that "metal prices are generally in an upswing, driven by supply disruptions for some commodities due to the Middle...
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Apr 20, 2026 / Tyler Durden
Gunman Kills Canadian Tourist At Popular Mexican Pyramid Site
Gunman Kills Canadian Tourist At Popular Mexican Pyramid Site
Local Mexican outlet Milenio reports an "armed attack" at the Teotihuacan archaeological site, located in central Mexico about 25 miles (40 kilometers) northeast of Mexico City, in the State of Mexico.
Details are scant, but preliminary reports say the attacker climbed the Pyramid of the Moon and fired at tourists.
"Confirmed that the fatality from the armed attack at the Teotihuacan Archaeological Zone is of Canadian nationality," Milenio wrote on X around 1513 local time.
🔴 #ÚLTIMAHORA | Confirman que víctima mortal por ataque...
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Apr 22, 2026 / Tyler Durden
A New Iran (Military?) Base Case
A New Iran (Military?) Base Case
By Michael Every of Rabobank
Our central assumption for the Iran war had been that by end the third week of April at latest, the Iranian regime faction willing to make a deal in line with Trump’s tweets would have asserted itself over those who won’t, Hormuz would slowly reopen, and energy markets gradually normalise.
As neither the Iranian nor US negotiating teams traveled to Pakistan for the second round of peace talks yesterday, that cannot happen. Our new geopolitical base case is of an extended...
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