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Month: March 2022

Category:
  • Coal
  • USA

US coal producers cannot ramp up to feed Russia’s European customers

Highlights Recent prices almost triple average Power plant regulations inhibit investment ‘A full suite’ of EPA rules in the works The global coal market cannot scale up to supply Russia’s Continue Reading

Posted On : 16 Mar 2022 Published By : Tom Whipple
Category:
  • Russia
  • Ukraine

International Law Goes to War in Ukraine

The International Court of Justice in The Hague, March 2022 The Russian invasion of Ukraine is the most brazen illegal war waged by one sovereign state against another since World Continue Reading

Posted On : 16 Mar 2022 Published By : Tom Whipple
Category:
  • Economy
  • Russia

Sanctions-savaged Russia teeters on brink of historic default

The economic cost of Russia’s assault on Ukraine was fully exposed on Wednesday as Vladimir Putin’s sanctions-ravaged government teetered on the brink of its first international debt default since the Continue Reading

Posted On : 16 Mar 2022 Published By : Tom Whipple
Category:
  • Russia
  • Ukraine

Russia’s Lavrov says neutrality for Ukraine being seriously discussed

 Russia said on Wednesday that peace talks with Ukraine were not easy but that there was some hope of reaching a compromise and that neutrality for Ukraine was being seriously Continue Reading

Posted On : 16 Mar 2022 Published By : Tom Whipple
Category:
  • Russia

Markets must adapt to lack of Russian, Ukrainian commodities, Glencore says

 Global commodity markets will need to adapt to a lack of supply from Russia and Ukraine, global miner and commodities trader Glencore (GLEN.L) said in its annual report on Wednesday. Continue Reading

Posted On : 16 Mar 2022 Published By : Tom Whipple
Category:
  • Russia

IEA says 3 mln bpd of Russian oil, products could be shut in next month

Three million barrels per day (bpd) of Russian oil and products may not find their way to market beginning in April in the wake of its invasion of Ukraine, the Continue Reading

Posted On : 16 Mar 2022 Published By : Tom Whipple
Category:
  • Europe
  • Russia

Russian gas flows to Europe decline as nominations drop

Russian gas deliveries to Europe via the Nord Stream 1 pipeline were steady while lower through Ukraine on Wednesday as the Yamal-Europe pipeline remained in reverse mode for a second Continue Reading

Posted On : 16 Mar 2022 Published By : Tom Whipple
Category:
  • Russia

Russia to ‘Default’ If Dollar Coupons Paid in Rubles, Fitch Says

What would a Russian bond default look like? Russia would be in default if it doesn’t pay in U.S. currency the coupon payments that are due this Wednesday on its Continue Reading

Posted On : 16 Mar 2022 Published By : Tom Whipple
Category:
  • Russia

Bond Markets Forecast Long Financial Freeze for Russia

Judging by the bond market, it will take years for Russia to re-enter the global financial system. Russian government bonds fell below 10 cents on the dollar last week, putting Continue Reading

Posted On : 16 Mar 2022 Published By : Tom Whipple
Category:
  • Europe
  • Ukraine

Europe’s car plants halted by lack of low-cost Ukrainian component

Inside every car sits almost three miles of electric cabling. The snaking wires carry instructions, from steering the wheels to opening the boot. This jumble of motoring spaghetti is held Continue Reading

Posted On : 16 Mar 2022 Published By : Tom Whipple

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