Article
Netherlands Pushes To Scrap EU Gas Storage Mandate After $1.14 Billion Bill
Netherlands Pushes To Scrap EU Gas Storage Mandate After $1.14 Billion Bill
Authored by Tsvetana Paraskova via OilPrice.com,
The Netherlands considers that the current EU system of gas storage targets ahead of winter is inadequate and burdens governments that have to pay for meeting the EU-wide obligations.
The Dutch government has already spent almost $1.14 billion (1 billion euros) this summer season alone on building up inventories, while this task should fall mostly on the gas market participants, Climate Minister Stientje van Veldhoven said in a letter to Parliament cited by Bloomberg.
The...
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Sep 11, 2026 / Tyler Durden
US 2026 Budget Deficit Hits $1.97 Trillion With One Month Left; Interest At Record $1.4 Trillion
US 2026 Budget Deficit Hits $1.97 Trillion With One Month Left; Interest At Record $1.4 Trillion
With DOGE disbanded more than a year ago, and tariffs struck down by the Supreme Court, the US is no longer even pretending that there is any hope to normalize spending, or any kind of happy ending to the US debt trajectory.
At 2pm today the US Treasury published the latest, August, monthly budget deficit data, and it should come as no surprise to anyone that things are looking ever worse.
Total US receipts were $360...
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Mar 24, 2026 / Tyler Durden
Protesters Rally Outside OpenAI, Anthropic, And xAI Offices Over Industry Concerns
Protesters Rally Outside OpenAI, Anthropic, And xAI Offices Over Industry Concerns
Authored by Jason Nelson via decrypt.co,
In brief
200 protesters marched from Anthropic to OpenAI and xAI offices in San Francisco.
Activists called on AI companies to pause development of new frontier AI models.
Organizer Michael Trazzi previously staged a multi-week hunger strike outside Google DeepMind.
Protesters took to the streets of San Francisco on Saturday, stopping outside the offices of Anthropic, OpenAI, and xAI to call for a conditional pause in the development of increasingly powerful artificial intelligence.
According to Stop the AI Race...
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Oct 9, 2026 / Tyler Durden
Apple Slides After Report Says iPhone 18 Pro Component Orders Slashed, Signaling Early Demand Trouble
Apple Slides After Report Says iPhone 18 Pro Component Orders Slashed, Signaling Early Demand Trouble
Jefferies and Bernstein analysts have already flagged soft demand for the iPhone 18 in major markets. The launch of the iPhone 18 Pro and Pro Max is an early test for CEO John Ternus, with a new report suggesting Apple has told suppliers to cut component production.
Apple shares are down 2% in premarket trading this morning after an overnight Nikkei Asia report said demand for the new flagship iPhone has been disappointing.
Sources told the Tokyo-based...
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