In Response to Trump, Pope Leo Says He Will Continue Speaking Out Against War

India's Solar Demand Set For 22% Annual Growth Through 2035 Submitted by Tsvetana Paraskova of OilPrice.com India’s solar capacity is set to surge by 22% each year by 2035 as the data center boom will drive increased power consumption, a new report by Nuvama showed on Monday.    The consultancy estimates that India’s total power demand will rise by 6% every year over the next decade, “driven by economic growth, rising urbanisation, manufacturing expansion and increasing electrification across sectors,” according to the report cited by Indian news outlet ANI. Solar growth will vastly...

Bessent's 'Yentervention' Does Not Fix Japan's Underlying Structural Issues Authored by Ed Dowd via 'Beyond The Narrative' substack, ...a delicate meal to cook before Midterms... My conclusions on the Bessent yen intervention: The move is a temporary Band-Aid at best and sharp yen strength can historically trigger carry-trade unwinds and risk-asset volatility, but it does not fix Japan’s structural debt or rate differentials. The Fed, BOJ and Treasury are walking a tightrope. Consensus is correct that the primary driver is preventing forced sales of Japan’s $1T+ UST holdings that would spike US yields. Expanding the...