Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
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Bit annoying when fres, Hochs, barrick and so on are all up 3% ish and yet we lag
Whats to say SteveJones999 other than Gold is doing very well $2047 , but, as we know it will likely go backwards as the traders take their profits.
But that said it seems the paper players are becoming less influential as the Banks continue to load up more physical , "Real " Gold , the gleaming stuff. That weighs far more.
Long may it continue.
Bit muted, expected more. Will hold overnight.
If you wondering on the move- initial views are nice little data drop.
Anglo American has launched a prototype of its first zero-emission hydrogen-powered mine haul truck. Haulage Solution is designed to operate in conventional mine conditions with 290 tons of payload. President Cyril Ramaphosa led the launch and said the country is committed to combatting climate
https://www.youtube.com/watch?v=DW44d6cFaqs
https://www.youtube.com/watch?v=Mt-AlTHqisM
https://www.youtube.com/watch?v=n73sdUp0XL0
https://hydrogen-central.com/
https://newsroom.toyota.eu/toyota-reveals-hydrogen-fuel-cell-electric-hilux-prototype/
While the entire world was gradually moving towards electric vehicles (EVs), Toyota was the only major carmaker who stuck to developing their hydrogen-powered engines. And in a sudden turn of events, another giant car manufacturer, BMW is set to move towards the same technology.
BMW is among the few manufacturers actively pursuing hydrogen technology and plans to roll out hydrogen-powered cars by 2025.
https://www.dhakatribune.com/business/338624/bmw-bids-farewell-to-electric-cars-set-to-launch
https://www.bmw.com/en/innovation/how-hydrogen-fuel-cell-cars-work.html
Hi Paul then of course there is the disastrous HS2 project,a money printing exercise for the big UK civil engineering contactors who give a tender price and even though initially a contingency sum is agreed they have no intention of abIding by it because they know they have the government over a barrel and that the ministers wont challenge them!
All that wasted money would have been better spent reinstating many of the old branch lines for commuting cross country and locally easily .
Also some of these funds could have been used to sort out the problems in the NHS and our other public services, possibly even restoring some of the funding to local councils which has been systematically cut since 2008.
https://www.countrylife.co.uk/news/the-hopeless-mess-left-behind-by-hs2-compulsory-purchase-orders-260650
Parliament granted HS2 Ltd a compulsory purchase order in June 2018, meaning it could forcibly buy properties out from under owners if they stood on the route
https://www.newcivilengineer.com/latest/hs2-completes-phase-one-land-acquisition-as-compulsory-purchase-powers-expire-23-02-2022/
13:30 UK time today- US Data drop
Need lower than predicted.
https://www.marketwatch.com/economy-politics/calendar
European markets traded flat to higher in the premarket on Thursday as investors awaited the release of to key inflation reports in the United States and Europe. Inflation data for February from Germany, Spain, and France is expected to be unveiled throughout the day.
The German DAX and France's CAC 40 both traded flat at 8:00 am CET. The UK's FTSE 100 gained 0.13% while the Euro Stoxx 50 increased by 0.12%.
The euro traded 0.08% below the dollar at 7:58 am CET, selling for 1.06785. The pound was 0.18% down compared to the US currency, changing hands for 1.23964 simultaneously.
Baha Breaking News (BBN) / RR
Gold currently $2037.42
Found it ,
The Housing Market Renewal Pathfinder Programme Abstract
The Housing Market Renewal (HMR) Pathfinder programme was the most ambitious and controversial area-based housing initiative launched by the UK government over the past 30 years. It was introduced as a means of supporting radical intervention in 'weaker' housing markets, based predominantly in the North of England. The programme, launched in 2003, was assailed by criticisms from the outset. An unlikely alliance of heritage lobbyists and critical urban theorists condemned HMR plans to 'modernize' local housing markets as an exercise in state-sponsored gentrification, displacing working-class households in the search for more attractive 'new urbanists'. HMR programme included demolition of existing homes, partly to modify the structure of local housing supply. Elsewhere many fairly conventional housing improvement schemes were implemented, sustained by an additional £2 billion of government investment. The HMR programme was curtailed peremptorily in 2010 by the Coalition government, partly justified by reference to the earlier critiques. This paper considers the criticisms made of HMR, and suggests that overall the programme made modest improvements to the housing stock in the Pathfinder areas but inevitably fell short in reviving local housing markets, especially since the 2008 recession. The prospects for any future housing-based area regeneration programme in England being developed along the lines of HMR now seem bleak indeed.
https://shura.shu.ac.uk/11325/
i'll give it a read, thx
Cowichan should have a look at the "Pathfinder"scheme. Home owners in poorer areas were compulsory purchased at a knock down price to enable developers to make a profit. The name may have changed but it still goes on in poorer areas that they want to "gentrify"
And the relevance of the iron balls is???
The UK is no different,its called compulsary purchase orders, then sold to property developers which means they make millions. Or Billions,.
Cowichan the US did the same after buying New Mexico, then disenfranchising the Indians in many states paying a pittance , because they could, they otherwise could have killed them all.
Which many wanted to do, the only good Indian is a dead un. ;-)
The Egyptian residents who live there were already forced to sell their land once, for $4800 USD per acre. Now, they are being displaced again, with no compensation to benefit of foreigners and Egypt's richest families, Talaat Moustafa Group, Orascom (owned by the Sawiris family), and references to Egyptian businessman Mahmoud El-Gamal (father of Khadija El-Gamal, the wife of Gamal Mubarak)
https://zawia3.com/en/hekma/
Specifically, this is how Sisi steals from the poor to benefit the uber rich and elites he so enjoys. Transparency is what Egypt needs - not backroom deals favoring billionaires.
About Ras Hekma:
“Ras Al-Hekma” is a village affiliated with the city of Marsa Matrouh in the Matrouh Governorate. According to the Central Agency for Public Mobilization and Statistics in 2023, the governorate’s population is approximately 538,546 citizens. However, official reports do not specify the population of Ras Al-Hikma. According to interviews conducted by “Zawia3,” the estimated population is around 25,000 indigenous residents, in addition to a few thousand from neighboring provinces and villages in Alexandria and Matrouh who engage in permanent or seasonal agricultural or tourism activities.
Pardon me for cntradicting
Motal coil. pardon me.
I noticed that every time I reply to a specific post of yours , and talk about specific points you raised, you completely deviate from the subject, and come back with a generalized post about Sisi, who I told you before that I was not going to talk about, and that does not mean by any mean that I agree with him or support anything he does.. and I never said you were wrong about anything you mentioned about him.. but if you raise points in posts that you are willing to discuss, then I'm more than happy to reply and discuss, but if you just prefer to raise points of views and not willing to get in a discussion about them, then fair enough..
I know exactly what life in Egypt is like.. all my family is in Egypt.. and I spend months there.. I'm getting involved first hand with helping the Egyptians in need, and some people here on the BB know what I have been doing for over a decade, and some did help for sometime, and I had a page set up for people to see what's going on, so I know that life in Egypt isn't colourful at all.. I know that very well and I see it with my own eyes..
Cowichan the USA does exactly the same using a different slant so the public dosnt catch on.In business and contracts.
How many now in Guantamano Bay gulag with no hope of leaving or very few unless the end their mortal core. :-)
I see that we are on two different wavelengths , yes.
I see Sisi enriching himself at the cost of ordinary citizens. He gives away islands that are not his to give. He borrows tens of billions on vanity projects while his people starve. Homeless kids on the streets. Journalists imprisoned by the thousands without trial indefinitely. His political opponents are also imprisoned and silenced. The human rights abuses in Egypt since Sisi took power are enormous. There is no free speech - authorities demand bribes at every level of government. It affects Centamin & Centamin shareholders in ways you definitely already know.
That is what happens when democracy is replaced by a dictator who thinks he's God's special prophet. It's a literal sh*t show in Egypt - that cannot be overstated. What's worse, Sisi is armed to the teeth with Western supplied weapons. What will happen to those weapons , when they are sold to the highest bidder, like oh I dunno, terrorists. Nothing good.
Cowichan,
(The UAE deal is far from a silver bullet, $11 billion of the total was already on deposit at the Central Bank of Egypt for over a year. Now it will just transfer to Egypt's treasury to pay some of Egypt's outstanding debt from oil imports)..
Just a few weeks ago, you were posting about how Egypt would struggle to pay the outstanding debt for energy companies, how Egypt did not have the dollars to pay the debt and the possible effects on cutting the electricity for longer periods etc...
So obviously it was an important issue that you felt you had to highlight and made dedicated posts about it to warn people about th forthcoming disaster..
and now, when Egypt gets 11 billions to pay that debt, it's (will just transfer to Egypt's treasury to pay some of Egypt's outstanding debt from oil imports)..
You see my point Cowichan?
Thank you Tornado for explaining the relevance to Quark.
Best
Tibbs
As I said before, I am ready to reinvest in Egypt when Sisi is overthrown. To that end his demise will be speeded along as the economy collapses, that's unfortunate for the Egyptian population - but that's what dictators bring - just like Putin destroyed Russia.
The UAE deal is far from a silver bullet, $11 billion of the total was already on deposit at the Central Bank of Egypt for over a year. Now it will just transfer to Egypt's treasury to pay some of Egypt's outstanding debt from oil imports from its Arab neighbors.
The bottom line - forced disposal of prime Mediterranean coastal property to further enrich Arab billionaires at the expense of everyday Egyptians is a desperate gasp of air for Sisi sinking beneath the waves of history.
https://www.bnnbloomberg.ca/egypt-clinches-biggest-deal-ever-with-uae-investing-35-billion-1.2038554
The main reason the $ goes up with inflation is if inflation rises uncomfortabley , the US prints more money to "try " and compensate for it .
So it is not really true, just appears to be. It is only trader sentiment that maintains this pretence,in reality. And of course the $ strength soleley do to still being most the worlds trading currency.
That is probably the reason for sanctions on oil , for those that were buying cheaper combustable that were making US fracking un-competitive.
But that is only in my opinion, everyone can be wrong ! :-(
Quark if inflation goes up, USD goes up, interest rates go up and gold goes down. Oil/energy is a big driver of inflation. 80% of CEY energy use is still diesel.
Dear Mr tibbles, do, please, enlighten us as to the relevance of hydrogen storage using iron balls or the volatility of the oil market to Centamin, which is a gold producer in Egypt.