Xbox Hit With 3,000 Layoffs After CEO Warns Business Is "Not Healthy"

US & Global Reliance On Fossil Fuel Unchanged In 25 Years Authored by Edward Ring via American Greatness, So far this century, worldwide energy use is up nearly 60 percent, and, as anyone living in Western industrialized nations knows all too well, we have spent trillions of dollars to “decarbonize” our economy. And guess what? Our dependence on fossil fuels is unchanged. To make this assertion, we may cite the world’s most authoritative source for comprehensive information on global fuel consumption, the Statistical Review of World Energy. For more than 75 years, an...

IMF Warns Iran War Will Slow Global Growth, Raise Inflation, And Worsen Food Insecurity Submitted by OilPrice.com Severe fuel shortages, hunger, and spiralling inflation will be some of the consequences of the Iran war as the head of the International Monetary Fund said that it would leave “scarring effects” on the global economy.   In a speech by Kristalina Georgieva, the IMF’s managing director, global policymakers were warned that trade disruption across the Middle East over the last month would lead to lower growth and higher inflation. IMF Başkanı Kristalina Georgieva, İran savaşının küresel...

Russia said on Monday that it would observe a ceasefire with Ukraine on May 8 and May 9 to observe Victory Day, when Russia celebrates the Soviet Union’s victory against Nazi Germany in World War II, but it’s unclear if the truce will hold, as Ukrainian President Volodymyr Zelensky responded by declaring a ceasefire that […]