Article
Maersk CEO Warns Iran War Is A "New Wake-Up Call" For Global Trade
Maersk CEO Warns Iran War Is A "New Wake-Up Call" For Global Trade
It is becoming increasingly clear that reopening the Strait of Hormuz has become a top U.S. priority (really a global priority) , as oil executives and industry insiders warn that the clock is ticking toward an energy and global trade shock if the maritime chokepoint remains closed for another month.
Frederic Lasserre, head of research at Gunvor, one of the world's largest oil traders, warned earlier this week: "The tipping point is clearly June. This is the point...
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Jun 25, 2026 / Tyler Durden
Venezuelan Quake Disaster: 45,000 People Reported Missing On Independent Monitoring Platform
Venezuelan Quake Disaster: 45,000 People Reported Missing On Independent Monitoring Platform
Summary
45,000 Reported Missing On Independent Monitoring Platform
US Phase One Of Humanitarian Response Begins
Buildings collapsed in several districts of Caracas
Venezuela declared a state of emergency after the earthquakes
Secretary of State Marco Rubio Deploys First Responders
Trump Says "U.S.A. stands ready, willing, and able to help"
USGS Says Quakes May Prompt "International Response"
USGS Fears Death Toll Ranging Between 10k - 100k
Spanish-language news outlet UHN Plus reports:
Independent monitoring platforms and missing persons search pages unofficially estimate between 39,000 and 40,000 reports of people unaccounted for following...
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Apr 21, 2026 / Tyler Durden
Data Centers Drove Half Of All Growth In US Electricity Use In 2025
Data Centers Drove Half Of All Growth In US Electricity Use In 2025
Global electricity demand rose by 3% in 2025, with growth nearly triple compared to the 1.3% increase in total energy consumption, as data centers and electric vehicles continued to push power use higher, the International Energy Agency (IEA) said in a report on Monday.
Overall global energy demand growth slowed to 1.3% in 2025, slightly below the previous decade's average of 1.4% and significantly lower than in 2024, as global economic growth slowed and cooling demand in Asia was...
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Jul 25, 2026 / Tyler Durden
Finland & Spain Have The Highest Unemployment Rates, Japan The Lowest
Finland & Spain Have The Highest Unemployment Rates, Japan The Lowest
Unemployment across the OECD averaged 4.9% in May 2026, but labor market conditions continued to vary significantly from one country to another as economic growth slowed across parts of the developed world.
This visualization ranks seasonally adjusted unemployment rates for people aged 15 and older across OECD member countries in May 2026, using data from the OECD.
Finland Tops the Ranking
Finland recorded the highest unemployment rate among OECD countries at 10.8%, narrowly ahead of Spain at 10.3%.
The country’s labor market challenges have been...
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