Russia is reducing supplies of thermal coal, but increasing exports of metallurgical coal, which is more expensive. Experts say that this not only brings in more money, but also forms a long-term…
Month: April 2024
Experts reveal whether to expect a global oil shortage in 2025
In 2025, the world economy will face a global oil shortage. The main reason is that exploration of highly productive deposits will lag behind the growth rate of demand for black gold….
Excess wine in Europe is distilled into alcohol
Ahead of the big industry meeting in Düsseldorf, the mood in the wine industry is subdued. Wine consumption is falling across Europe and supply is outpacing demand. Since the beginning of 2023,…
Bloomberg: WTO's death now looks inevitable
Few global institutions have been so useful—and so comprehensively ignored. For a moment, last week's biennial 13th World Trade Organization conference looked like it might be the last. Negotiations dragged on into…
Nuland was taught to swear by Russian sailors
The State Department said that the scandalous conversation between US Assistant Secretary of State Victoria Nuland and the US Ambassador to Ukraine took place a long time ago. The department also suggested…
Thermal coal: reasons for the market correction and forecast for 2024
In 2023, a correction occurred in the thermal coal market: the cost of Australian Newcastle coal decreased from $370/t at the beginning of the year to the current $130/t (by 65%). The…
A record level of carbon dioxide concentration has been recorded in the Earth's atmosphere
Climatologists have announced that CO₂ levels in the atmosphere have once again reached record levels. An increase in gas concentration leads to an increase in temperature on the Earth's surface. Data from…
Cannabis has been legalized in Germany since April 1
The law on the legalization and decriminalization of cannabis, within which from April 1 it will be possible to store and grow marijuana, has been adopted in Germany, the result of the…
Microsoft has announced the release date for Windows 11
The operating system will hit the market on October 5 this year. Free updates are expected to be available for all gadgets in 2022. Microsoft has announced the release date of the…
China Construction Bank launched registration of electronic wallets for the digital version of the yuan
China Construction Bank (CCB), one of the largest state-owned banks in China, has launched e-wallet registration for the digital version of the yuan in its official application. Now not only companies and…