Is Geothermal Energy The Next Hidden AI Power Trade

The US Treasury Department’s Office of Foreign Assets Control said on Wednesday that it would allow some sales of Venezuelan oil to private businesses in Cuba, marking an easing of the US oil embargo, though it’s unclear if the limited sales will bring real relief to the island. The OFAC statement said that its new […]

World's Largest Sovereign Wealth Fund Cuts Treasury Holdings... But It's Not What You Think The headlines are running rampant this morning as the world's largest (and most transparent) sovereign wealth fund - Norway's Government Pension Fund - has proposed reducing the amount of government bonds in its $2.3 trillion portfolio to boost holdings of riskier debt, with US Treasuries the most affected. Norges Bank Investment Management (NBIM), which manages the fund, said in a letter sent to the Ministry of Finance on Tuesday and published on its website, that government debt should...

Washington and Moscow both enthusiastically celebrated the victory of the Allied “Grand Alliance” over the fascist powers at the end of World War II.  Since then, however, the two capitals have typically been on opposite sides of numerous nasty geostrategic struggles around the world.  They also have relished opportunities to work with foreign countries and […]