West Virginia Joins Nuclear Campus Race With Waste Storage In Focus

Too Broken For Frontier: Indonesian Markets Suffer Worst Rout Since 1998 As MSCI Threatens The "Argentina Treatment" Back in January, MSCI fired a warning shot at Jakarta. On Friday it fired the real thing. Indonesian markets extended their selloff on Monday, with stocks deepening their worst rout in almost 30 years and losses spreading to bonds and the rupiah after MSCI warned the country may face a two-step downgrade: straight from Emerging Market to "Standalone" status, skipping Frontier altogether. The Jakarta Composite (JCI) closed down 3.6% on Monday after crashing 11.6% on...

Britain's Borrowing Outlook Darkens As Energy Shock Deepens Via City AM, The OBR says it underestimated the fiscal damage from the 2022 energy shock and will apply those lessons to the latest Middle East-driven price surge. Higher oil and gas prices could increase UK borrowing through debt interest, welfare payments, and pressure on departmental budgets. The Bank of England has warned that a severe energy shock could push inflation above 6% and force tighter monetary policy. Chancellor Rachel Reeves has been warned that government borrowing is set to spike as a result of the Iran...

Peacefire By Michael Every of Rabobank Welcome to the ‘peacefire’. After Israel and Iran were pulled back from the brink of new war by Trump on Monday, Wednesday morning Asia time saw him then strike Iran, and it fire at US bases in the Gulf, in response to Tehran downing a US Apache helicopter. It appears the US hit radar and missile/drone facilities around and in the Strait of Hormuz while Iran didn’t hit anything due to its missiles being intercepted. Looking at the areas the US struck in Iran last night,...