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Why the oil price spike will run out of fuel

by BTM Editor

Brent crude rose above US$75 a barrel last Thursday for the first time this year. That’s up from US$51 at the start of 2019, a 47 per cent rise in less than four months. Is oil heading, once again, above US$100 a barrel — where it was in the run up to the 20…

Brent crude rose above US$75 a barrel last Thursday for the first time this year. That’s up from US$51 at the start of 2019, a 47 per cent rise in less than four months.
Is oil heading, once again, above US$100 a barrel — where it was in the run up to the 20…
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The Rock in a hard place: Newfoundland and Labrador is on the brink of bankruptcy

by Editor

By Walter SchroederFor 40 years I had the privilege of building one of the world’s largest debt-rating agencies — DBRS. I saw the backroom financials of top-tier organizations and governments and was able to examine and find patterns and make market-moving decisions.Using this lens, I conclude Newfoundland and Labrador (N&L) is on the brink of…

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Mile-long asteroid could be dangerous to life on Earth in millions of years if it breaks up: scientists – Fox News

by Editor

A massive mile-long double asteroid linked to a one-inch meteor that streaked a fireball over Japan three years ago could threaten humanity in millions of years if it eventually breaks up, scientists wrote in a report published Monday.”The potential breakup of the rock could be dangerous to life on Earth,” Toshihiro Kasuga, a visiting scientist at…