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What’s Driving Inflation And Is It Sustainable?

  Inflation just hit another high and the consensus appears to be it will go higher. It’s chic to pin this problem on the events happening now in Europe, but the core source of our current inflationary spiral pre-dates the Russian invasion. The present bout of inflation has many fathers....

Why NOPEC, the U.S. Bill to Crush the OPEC Cartel, Matters

  A U.S. Senate committee is expected to pass a bill on Thursday that could open members of the Organization of the Petroleum Exporting Countries and its partners to antitrust lawsuits for orchestrating supply cuts that raise global crude prices. The No Oil Producing and Exporting Cartels (NOPEC) bill is...

Maersk in Talks With Buyers for Stake as Firm Quits Russia

  Maersk has found possible buyers for its stake in Global Ports Investments, which operates ports in Russia as it withdraws from the country following a final cargo shipment this week, the Danish shipping group said on Wednesday. "We will not return until we think that Russia again plays a...

A Record Number Of Immigrants Have Become Billionaires In The U.S.

  A staggering 92 foreign-born American citizens are on Forbes’ annual World’s Billionaires list for 2022 who currently live in the United States. You heard that right – 13% of the list’s 735 American citizens are immigrants. With a combined net worth of $711 billion, these foreign-born U.S. citizens account for...

Russia Reroutes Internet Traffic in Occupied Ukraine to Its Infrastructure

  Russia has rerouted internet traffic in the occupied Ukrainian region of Kherson through Russian communications infrastructure, the internet service disruption monitor NetBlocks said on Monday. The move appeared aimed at tightening Moscow's grip on a region where it claims it has taken full control. Russia-appointed authorities in parts of...

Is Ancient Technology Better Than Modern Air Conditioning?

  About 87% of all U.S. homes are equipped with air conditioners, and air conditioning accounts for 12% of residential energy use. Besides the fossil fuels that power them, many use refrigerants to cool the air, which can be potent greenhouse gasses if released. But people from Ancient Egypt to the Persian...

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