Japan Government Announces Unprecedented Spending Package to Tackle Soaring Inflation, Weakening Yen
The Japanese government unveiled a new economic spending package to the tune of $270 billion, in a desperate effort to uphold the country’s currency and support a weakening economy thanks to surging inflation. The package, announced late last week, earmarks funds for both local and central governments, with the intention of “overcoming rising prices and […]
US Diesel Crisis: Fuel Company Warns of Widespread Diesel Shortages
Fuel supply company Mansfield Energy is sounding the alarm over a diesel shortage that is rapidly developing into a widespread crisis. On Friday, Mansfield Energy issued a statement about a worsening diesel shortage across the southeastern part of the US. The fuel company blamed record-low diesel reserves and a lack of adequate pipeline infrastructure as […]
Spey Resources Successfully Extracts 99.5% Lithium Carbonate
Spey Resources (CSE: SPEY) on Friday evening reported that it has successfully produced lithium carbonate from lithium chloride that was extracted from brines at the firms Incahuasi Salar at its Candela II project in Argentina. The method used is said to consist of a proprietary process known as Ekosolve. The lithium carbonate was produced at […]
Pure Gold Mining Files For Creditor Protection – Despite Raising Over $62.0 Million This Year
The inevitable finally happened this morning when Pure Gold Mining (TSXV: PGM) announced that it has filed for creditor protection, after struggling to make its mine profitable after a tumultuous year for its operations. The development follows the news last week that the company was forced to suspend operations at its mine due to cash […]
Core Assets Hits 1,145 g/t Silver Over 1.16 Metres In Partial Assays
Core Assets Corp (CSE: CC) has received the first assay results from drilling conducted at its Silver Lime porphyry-CRD project, found on its Blue Property in northwestern British Columbia. The results come from a drill program that saw a total of 5,565 metres in aggregate drilled on the property. Assays return consist of select intervals […]
Lula Makes A Stunning Return; Bolsonaro Becomes First Brazilian President To Fail To Get Re-elected
Brazil’s outgoing president Jair Bolsonaro has one more thing in common with Donald Trump — both have failed to get reelected, becoming single-term presidents. Far-right incumbent Bolsonaro lost via a hairline margin against the leftist champion, Luiz Inácio Lula da Silva. Lula secured 50.9% of the vote, while Bolsonaro received 49.10%. In Brazil, a candidate […]
Hydrograph Clean Power: Disrupting The Graphene Industry
There are rare moments in history where investors are offered an opportunity to participate in the growth of an emerging revolutionary technology at the ground floor – as well as the company leading the charge. Graphene is that industry. And the confluence of advances in nanotechnology, chemistry, and manufacturing processes are positioning graphene to become […]
Microsoft: BMO Cuts Target To $270 After Weak Q1 Earnings
Microsoft (Nasdaq: MSFT) last week released their first quarter results for fiscal 2023, which ended on September 30th, 2022. The company announced that revenues increased 11%, or 16% on a constant currency basis, to $50.1 billion. While operating income increased by 6% to $21.5 billion. Though this did not trickle down to the company’s net […]
Australia’s Inflation Soars to 30 Year-High as Food and Energy Costs Skyrocket
Australian consumer prices soared by the most in over three decades as food and energy costs skyrocket. Latest data from the Australian Bureau of Statistics showed consumer prices jumped 1.8% in the last quarter, and were up 7.3% year-over-year in September, marking the largest annual increase since 1990. The surge in CPI exceeded forecasts calling […]
Russia Alleges British Navy Was Behind Nord Steam Pipeline Sabotage
The Russian military is alleging that the UK Navy was behind the “terrorist attack” on the two Nord Stream pipelines. The Russian Ministry of Defence on Saturday announced that personnel from the Royal Navy “took part in planning, supporting and implementing” the sabotage attack that blew up the Nord Stream 1 and Nord Stream 2 […]