With Russian oil being shunned by many Western countries, the race is on to fill the gap. Companies are ramping up their offshore oil production. Bob Henderson reports for The Wall Street Journal: The $1.2 billion Deepwater Titan sat idle in a Singaporean shipyard for five years, looking like an abandoned cruise ship with a […]
Americans Want Nothing to Do with the World Economic Forum
Every year American taxpayers watch the attendees of the World Economic Forum dream up new ways to transfer their wealth to the countries that hate them, and to billionaires who seek to exploit them. Roger Kimball explains in Spectator World: Larry Fink is unhappy. The grand panjandrum of BlackRock, the world’s largest and most odoriferously […]
Boeing Plans to Build Fuel Efficient Jet with NASA’s Help
Boeing has been chosen by NASA to receive taxpayer assistance in designing and building prototype jets that will use less fuel than current models. NASA will fund nearly 37% of the research venture which will total $1.2 billion. Doug Cameron and Micah Maidenberg report in The Wall Street Journal: Boeing Co. BA -1.37%decrease; red down pointing triangle won a […]
Is the Supply Chain Normalizing?
JB Hunt, one of America’s largest logistics companies has suggested to its investors that the logistics business is returning to normal, with seasonality once again becoming part of the business. For years logistics companies have operated at full capacity year-round. Now, what had traditionally been a seasonal business looks to be returning to that model. […]
RFK Jr. Fighting Vaccine Coercion at Schools
Robert F. Kennedy Jr. and his organization, Children’s Health Defense (CHD), are fighting against vaccine mandates by universities like Rutgers. CHD explains in a press release published at LewRockwell.com: On Jan. 10, attorneys for Children’s Health Defense (CHD) filed an appeal in the United States Court of Appeals for the Third Circuit challenging the New Jersey District Court judge’s Sep. 22, […]
Trove of Rare Earth Metals Found in Sweden
Could the world break its dependence on Chinese rare earth metals with a newly found deposit in remote Sweden? Kim Mackrael reports in The Wall Street Journal: The discovery here of a large deposit of rare-earth elements, vital for renewable energy and electric vehicles, offers fresh hopes for Europe’s transition away from fossil fuels and a […]
Layoffs Hit Shipping Industry as Stimulus Driven Demand Declines
Unprecedented peacetime spending by the federal government during COVID-19 led to an explosion of demand for consumer goods and a boom in imports to feed it. Now that stimulus measures are wearing off, shippers are laying off employees to adjust to the slowdown. The Wall Street Journal’s Liz Young reports: Freight forwarder Flexport Inc. is […]
RIP Jeff Beck
Rock guitar hero Jeff Beck has passed away yesterday. The driving force behind The Yardbirds will forever be known as one of rock and roll’s greatest innovators. NPR’s Andrew Limbong writes of Beck’s life: Call him a “guitar god” or a “guitarist’s guitarist,” but Jeff Beck was in a class by himself. Beck, one the […]
COVID Cash Import Boom Fizzles Out
While their government handed out copious financial aid during the COVID-19 pandemic, Americans dutifully spent that money on consumer goods, creating a boom in imports that clogged shipping lanes and docks across the country. Now, those imports are declining as Americans face heightened inflation and declining COVID assistance. Paul Page reports in The Wall Street […]
Countries Defy Biden To Do Business With Russia
Oil shipments to India and China aren’t the only ways Russia is skirting Western sanctions. Some countries are simply not playing along with the West’s calls to isolate Russia from the global economy. In The Wall Street Journal Gabriele Steinhauser and Benoit Faucon explain a recent shipment to South Africa by a Russian ship known […]
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