Can the U.S. President Affect World Oil Prices?
Co-blogger Pierre Lemieux writes: It should be pretty obvious that the president’s power to set world prices is (fortunately) nil. It’s actually not obvious. In fact, it’s false. The reason has to do with 3 things: First, the U.S. president has a lot of power over oil exploration and drilling. Second, the U.S. produces a […]
Links 8/12/2023 | naked capitalism
Mars Rover Finds Signs of Seasonal Floods ars technica Extreme glacial cooling likely led to hominin depopulation of Europe in the Early Pleistocene Science Bird flu researchers turn to Finland’s mink farms, tracking a virus with pandemic potential STAT (Dr. Kevin) Liberalism against capitalism aeon #COVID-19 Please see our post on the FDA’s optical footwork […]
China has fallen into a psycho-political funk
Sly, Soviet-style jokes are enjoying a subtle revival on Chinese social media platforms. Their art resides in being too obscure for censors to understand yet clear enough for cynics to chuckle at their mockery. Some are so esoteric that their satire is confirmed only by the censors’ decision to delete them — echoing the cat-and-mouse […]
Market Talk – August 11, 2023
ASIA: The major Asian stock markets had a negative day today: NIKKEI 225 closed Shanghai decreased 65.31 points or -2.01% to 3,189.25 Hang Seng decreased 173.07 points or -0.90% to 19,075.19 ASX 200 decreased 17.30 points or -0.24% to 7,340.10 Kospi decreased 10.30 points or -0.40% to 2,591.26 SENSEX decreased 363.53 points or […]
