Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
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Well after 11am has been only one way moving and that was UP - ladder chart
intraday chart ...https://uk.advfn.com/p.php?pid=chartscreenshot&u=ZVeKN1NGYAcJEnVMGSIyWGpxiRE9sA5QqRxu5FGWQm8%3D
Also reassuring that the LSE Cey price at the top of this page now agrees with me…
Happiness… just a bid now!
Its good to hear positive ,for a change.
103.35
+1.60 (+1.57%)
I wonder how reliable is Larry's opinion?
Larry Summers said the Federal Reserve's efforts to cool inflation via interest-rate hikes aren't doing the job.
"The Fed's been trying to put the brakes on, and it doesn't look like the brakes are getting much traction," he said.
That could set the US economy up for a "collision or crash", the former Treasury Secretary said.
https://markets.businessinsider.com/news/stocks/recession-larry-summers-economy-collision-federal-reserve-rate-hikes-fail-2023-2
Tibbles the share trading guru....
After reading your comments I came across the Australian Migration and Population dashboard below, is this what you based your conclusions on?
Australian Migration and Population Dashboard
Introduction
This website brings together Australian Government statistics to provide a single source of truth for current migration statistics. Each chart sorts and compares publicly available data to explain Australia’s migration and population story.
All sources are transparently marked and linked. As new or updated data becomes available, we’ll add it to this site. By showcasing reliable data, and making it more accessible, this site aims to inform public discussion and understanding of migration and population in Australia.
https://scanloninstitute.org.au/publications/migrationdashboard
Major stock indexes in Europe traded mostly flat in the premarket on Monday as investors braced for a busy week of economic data releases. On the agenda, today, are the euro area consumer confidence and construction output. In addition, Deutsche Bundesbank (Buba) will be revealing its monthly report.
DAX, CAC 40 and Euro Stoxx 50 all stood flat at 8:01 am CET, while FTSE 100 was up 0.14% at the same time. The euro was flat against the dollar at 7:59 am CET, selling for 1.06901. The pound traded 0.10% below the greenback and went for 1.20317 concurrently.
Baha Breaking News (BBN) / AY
Happy Monday y’al
The trouble in Burkina is related to the trouble in Mali, which sprung to life when the UK, France and the USA "liberated Libya", leaving hords of well trained and equipped mercenaries unemployed. They used their skills to go after and dominate the big cash flow businesses in the region, illicit drug flow and human trafficking through the Sahara. ISIS and AQIM are secondary players, cash is king. The northern parts of Mali and Burkina, are remote, rural, unmanned and little resources and even less support from the central government. They are pathetically poor, devoid almost of education and health infrastructure. It doesnt take much to convert.
Very sad business all round, and it should not be that way.
the Gnome
Published on : 2023-02-19
Egypt will announce details of the first-ever bid for obsolete energy fields by the end of February, Egypt Today reported, citing Petroleum Minister Tarek El-Molla.
The economic model will be determined to increase production from the obsolete fields through unconventional methods and specialised technology to extract the quantities available in these fields, he added.
The rise in global oil prices has encouraged investments in these fields, El-Molla said.
https://petroleum-today.com/en/article.php
------------------------------->>>>>
Will somebody remind these clowns that the world's largest gold miner is still waiting for the mineral exploitation terms to be finalized. Priorities, please.
Hi Mr Gnome,
Why did Burkina Faso become Al-Qaeda's latest target?
https://www.theguardian.com/world/2016/jan/18/why-did-burkina-faso-become-al-qaidas-latest-target
Well-documented Russian bombings and missile strikes in Ukraine have decimated hospitals, schools, and apartment buildings, including a theater in Mariupol where hundreds of children were sheltering and the Kramatorsk rail station where thousands were waiting to escape the Russian onslaught. The withdrawal of Russian troops from towns like Bucha, Chernihiv, and Sumy has revealed horrific scenes of civilian carnage, mass graves, and reports of rape and torture. Several world leaders have accused Russia of committing genocide against the people of Ukraine.
https://www.csce.gov/international-impact/events/russian-war-crimes-ukraine
Footage of Russian troops shooting a man with his hands up on a highway outside Kyiv at the beginning of March was shared around the world. Now the Russians have been pushed out of the area and the BBC's Jeremy Bowen has been to see the grim aftermath of their short-lived occupation.
https://www.bbc.co.uk/news/world-europe-60949791
https://www.bbc.co.uk/news/world-60690688
Daisan , Anna or the links? ;-)
Fine for me.
Central Banks are replacing Dollars with Gold. Anna Gulobov.
For a commentator very attracrtive.
But to get to the point , her 3 articles/links ,come up as unavailable, is it just Google Chrome or are you others able to accsess them ?
Just wondering if its been censored .
mrtibbles, Russia can't even look after its own at present. Let Russia finance Burkina Faso and use up more of their low funds....!!
What would you do if you were a Burkinabie Mr T. Repeat the same strategy that has failed every year for the last 8, or try somethingvdifferent. I think more than 50% of the country is now fairly well at risk, or lawless.
The Gnome
There are now concerns in Europe and the US that Burkina Faso will also turn its back on the West to seek Moscow’s help.
https://uk.yahoo.com/news/happy-russians-came-burkina-faso-170224791.html
https://goldseek.com/article/cot-report-delayed-due-computer-glitch
Not many glitches go on for weeks. This looks like suppression of revealing the extent of gold shorting activity. Adds to the range of data manipulation out of Washington DC.
Steve
Its an interesting time, and here is a snippet of just how ridiculous the government in Australia has now got. Clueless is far too kind ... they have engineered a rental crisis and then complain about it...! Just the tip of the iceberg really, the Reserve Bank is firmly in fairy land, and we have the dopes at a State Govt (one level of government too many) level passing around lewd fotos of each other...LOL Leadership?
https://www.abc.net.au/news/2023-02-18/nsw-votes-liberals-suspend-mp-peter-poulos-over-photo-leak/101994444
https://www.news.com.au/finance/economy/australian-economy/real-reason-australias-rental-crisis-is-out-of-control/news-story/d435a7940726955ddff197d5b55a2e02
Statistics by economist Leith van Onselen
the rental crisis is self inflicted by extreme levels of migration
immigration rate up 140% in 30 years
the post-COVID migrant intake is going from 35,000 to 195,000; long term trend has been 100,000
360,000 student visa applications in 2022 ; Chinese government will not allow online study and courses must be face-to-face, so Chinese students are all returning..AND THIS IS HOW THEY GET CITIZENSHIP IN AUSTRALIA, AND THE POLITICIANS GO AND TRY AND BUY NUCLEAR SUMARINES TO KEEP THE CHINESE PERIL AT BAY .... LOL...
record visa applications since mid 2022
visa backlogs are being cleared, so more people are entering
40,000 to 50,000 students due to arrive in next few months
social housing grew 9% when population grew 25%
reducing immigration to sustainable levels is never considered
the Housing Future Fund will deliver 30,000 new houses when the population increases by 1,175,000 over 5 years
This ensures a permanent rental crisis.
SO GAME SET AND MATCH DOWN UNDER,
enjoy life
the Gnome
Ah, thank you Steve, I see what you were getting at!
Regards
Tibbs
Not much interpretation to do Mr T.
You can see my comments were referring to the doomsayers who bleat on a continued downturn in markets- and doesn't refer to most of the people in your comments- equally, even worse for people who followed their views as they've been doubled whammied by inflation recently, even more reason to ignore over the long:
Since last recession, approx:
S & P 500 = 450% gain
Dow Jones = 379% gain
Nikkei 225= 271% gain
Hang Seng= 75% gain
FTSE = 98% gain
DAX = 251%
To name a few :-).
Hi Steve,
Depends on the interpretation of massive gains, they are very different depending on which level of society you are fortunate or unfortunate enough to live / exist in.
True the stock market indices seem to be at record levels but the value of so many of the shares in even the blue chip companies are nothing near waht they were when I held some of them over a decade ago,
Stan.Lon £23 when sold and paying a good dividend, today £7.57, Tullow oil £6.50 when I sold ,33p today, Kaz £18.00 when sold. today £7.57 and I hate to think what some of the others are now and yet the ftse at record highs?
Certainly there have been massive gains in the cost of living , house prices pumped up on the back of ridiculously low interest rates and then QE to erode [peoples money further by subsidising the City casino.
Also true the very rich have gotten very much richer whilst the poorer parts of society are still struggling, even sinking under the financial burdens inflicted upon them by inept and greedy leaders the world over..
NHS service and public & utilities services are unfit for purpose since the private sector parasites got hold of them asset stripped all the best bits and now charge a lot more for less!
Yes on Summers, this mirrors what I picked up from my feeds- I tend to see 0.5 less likely, as it's only been a month of this data, but I've no doubt the FED WILL push to 0.5 if they get much pushed as inflation is their to priority even at the expense of a mild recession. It's a very balance and so far so good over past 6months in my view, I lost count last summer of the number of "experts" who said "recession inevitable", "deep recession unavoidable", mind you these were the same people who said when COVID hit "recession will be worse than 1929", "no hiding", "real estate crash inevitable" and so on, and for years- well since the last recession when they've been bleating at every opportunity, they have been wrong and so many missed out on the massive gains everywhere in the past 15years as a result-
Thanks for reading goldgnome- on AISC, inflation has hit hard here too, and inflation in Egypt not good, caveat is that I'm not 100% clear on where all costs are billed from here.
Summers sees risk of Fed hitting the brakes ‘very, very hard’
Former Treasury Secretary Lawrence Summers said that a broadening in US price pressures shows that the Federal Reserve’s monetary tightening to date is having a limited impact, raising the danger of policymakers having to do more than previously envisioned.
“The Fed’s been trying to put the brakes on, and it doesn’t look like the brakes are getting much traction,” Summers told Bloomberg Television. “The risk is that we’re going to hit the brakes very, very hard.”
“The Fed is going to have to view the situation with a lot of humility,” said Summers, a Harvard University professor. (Photo of Fed chairman Jerome Powell.) AP
At the same time, Summers said it’s too soon to advocate for the Fed to re-accelerate its rate hikes to a 0.5 of a percentage point move at the March policy meeting.
He flagged that there’s still a possibility the economy hits a sudden stop, when companies reckon with a build-up of inventories and headcount on their payrolls, and consumers deplete their savings.
“The Fed is going to have to view the situation with a lot of humility,” said Summers, a Harvard University professor. It should “avoid locking itself in with any kind of strong pronouncements”.
and so on ... a worry!
the gnome