Will the Dollar be a Casualty of the Iran War?

During what has been described as tit-for-tat attacks, on June 10 the US bombed the drinking water supply in the Bemani district of Sirik, Hormozgan province, Iran. The 500-cubic-meter tank and a 2,000-cubic-meter reservoir provided water for 20,000 Iranians. “Targeting civilian water infrastructure raises serious humanitarian concerns,” the Iranian Consulate in Mumbai, India said. “The incident occurred […]

A Robot Economy: Who Gets Rich, Who Gets Left Behind Authored by Lance Roberts via RealInvestmentAdvice.com, Robots are coming to the economy. It is inevitable, really, and there is nothing that will stop it. At some point in the not-so-distant future, robots will infiltrate every aspect of our lives, from office work and manufacturing to service work and trade skills, and even your home. Here are some numbers for you. The real question I want to explore in today’s post is what happens to the people who don’t own the robots? Let’s...

Norway Takes Oilfield Climate Battle To Supreme Court By Tsvetana Paraskova of OilPrice.com, The Norwegian government is asking the country’s Supreme Court to overturn lower-court rulings that invalidated the development permits of three new oilfields in Norway’s North Sea. The case was brought to court three years ago by environmental organizations Greenpeace Nordic and Nature og Ungdom (Nature & Youth). In 2023, the campaigners challenged three administrative decisions of the Norwegian Energy Ministry, which had approved the plan for the development and operation of the oil and gas fields of Breidablikk, Yggdrasil,...