The Vaccine Safety Signal The Media Still Won't Read

Will QatarEnergy's LNG Fiasco Derail Goldman's Prewar View Of A Mega LNG Wave Global energy flows are being rewired across Eurasia as the Russia-Ukraine war and the latest U.S.-Iran conflict disrupt Gulf energy flows in what may be the worst energy shock on record. One major new development is that roughly 20% of global LNG flows remain shut in the Gulf region because of the Hormuz chokepoint, with QatarEnergy warning last week that 17% of its LNG export capacity could be offline for three to five years. That brings us to Goldman commodities...

After The Bombing, Tehran Confronts Widespread Ruin After more than a month of conflict, a fragile ceasefire has allowed people in Tehran to begin assessing the scale of destruction, according to a new Bloomberg report. The city, home to around nine million people, now bears widespread signs of damage, from shattered buildings to entire blocks reduced to rubble. Although the truce has been extended for now, talks between the US and Iran have stalled, with major disagreements still unresolved around nuclear activity, regional control, and military influence. The Bloomberg piece notes that the...

China's EV Giant BYD Misses Earnings, Enters Brutal New Phase Of Competition BYD is entering a tougher phase after releasing weaker-than-expected financial results and signaling growing pressure in China’s electric vehicle market, according to Bloomberg. Chairman Wang Chuanfu described the current environment as having “reached a fever pitch, and is undergoing a brutal ‘knockout stage.’” The company’s stock fell at the opening of trading in Hong Kong, reflecting investor concerns. Its latest quarterly results showed a sharp drop in profitability, with earnings and revenue both missing forecasts. This downturn followed a...