Time to Replace the Word ‘Sustainable’

For 2019, let’s replace a once-useful word that, like a guest who stays too long, has worn out its welcome. Depending on the context, it can sometimes have no meaning or far too many meanings (which is just as useless). The word is “sustainable.” In a stricter sense, sustainable means minimizing the use of resources […]

New Audit Shows Higher Aramco Oil Reserves

An independent audit of the crude oil reserve base of Saudi Aramco is expected to result in a slight upward revision of the Kingdom’s oil wealth, Reuters reports, citing a source with knowledge on the matter. The audit is part of preparatory work ahead of Aramco’s once highly anticipated and now indefinitely delayed initial public […]

The Recession Will Be Unevenly Distributed

Those households, enterprises and organizations that have no debt, a very low cost basis and a highly flexible, adaptable structure will survive and even prosper. The coming recession will be unevenly distributed, meaning that it will devastate many while leaving others relatively untouched. A few will actually do better in the recession than they did in […]

Darkening Outlook For Global Economy Threatens Crude

“The outlook for the global economy in 2019 has darkened.” That conclusion came from a new report from the World Bank, citing a variety of data, including softening international trade and investment, ongoing trade tensions, and financial turmoil in emerging markets over the past year. “Storm clouds are brewing for the global economy,” the World […]

Can Hacking Plants Feed the World?

Scientists Amanda Cavanagh (left), Paul South (center) and Donald Ort (right) found tobacco plants engineered to shortcut photorespiration are about 40 percent more productive in real-world field conditions. Claire Benjamin/RIPE Project Plants are good at what they do — turning sunlight into food. However, some researchers have found the leaf world could improve, and that […]

Collapse Something or Other …

Discuss this article at the Economics Table inside the Diner   The Christmas present nobody wants sits under the tree: a worldwide finance crisis along with an establishment that appears to be coming apart at the seams. The status quo is unraveling from all sides, at the top especially, where managers cannot conceal their panic: […]

Population: Control or Perish

Dr BK Mukhopadhyay (A noted management economist and an international commentator on business and economic affairs. He may be reached at m.bibhas@gmail.com) French Institute of Demographic Studies projected that by the end of this century there will be 10 to 11 billion people on the planet. The world population will jump from the current 7.1 […]

China’s population to peak in 2029 at 1.44 bn

A study by China Academy of Social Sciences (CASS) warned that the country must implement policies to handle a smaller workforce and an older population, the BBC reported on Sunday. (Representational image)Reuters China’s population will peak in 2029 at 1.44 billion before beginning a period of “unstoppable” decline, a government report said. The study by […]

“Energy Dominance,” what does it mean? Decoding a Fashionable Slogan

“Now, I know for a fact that American energy dominance is within our grasp as a nation.” Ryan Zinke, U.S. Secretary of the Interior (source) “All Warfare is Based on Deception” Sun Tzu, “The Art of War” Over nearly a half-century, since the time of Richard Nixon, American presidents have proclaimed the need for “energy […]

‘Venezuela will be respected’: Maduro defends rule as legitimate

Venezuelan President Nicolas Maduro has defended his government’s legitimacy amid growing opposition and international condemnation of his bid for a second six-year term. In a Tweet on Sunday, Maduro, who is to be sworn in on Thursday, said the Venezuelan people had given “legitimacy” to his administration “with their vote”. “To those who hope to break […]

Saudis Slash Oil Output. Get Ready for Trump Tweets

The list of things that President Donald Trump criticizes in his tweets varies from one day to the next. He may soon have to direct his ire to oil prices and the actions of his ally, Saudi Arabia, once again. The desert kingdom is already making good on its promise to slash supply, and the […]

Hedge Fund Manager Sees Dollar Losing Reserve Currency Status

With the end of 2018 marking the 40th anniversary of China opening up & reforming (and with an increasingly loud group of market participants questioning the foundations of China’s economic miracle – and more importantly, it’s future), Bridgewater founder Ray Dalio believes now is a good time to reflect on China’s last 40 years. “Since […]

What America can learn from the fall of the Roman republic

Romans ruins of the city of Salamis, near Famagusta, Northern Cyprus.Shutterstock If you were a Roman citizen around, say, 200 BC, you probably would have assumed Rome was going to last forever. At the time, Rome was the greatest republic in human history, and its institutions had proven resilient through invasions and all kinds of […]

Becoming Plastic

“We can just equip these new monkeys with some silicon AI and have done with the slow and random variety of evolution.”   ‘Sometimes weird things hit a tipping point. For a combination of reasons, including a viral video showing a turtle with a straw stuck in its nose, companies waged war on straws this […]

Extinction Illness: Grave Affliction And Possibility

“Everyone says climate is the most important issue of all, and yet they just carry on as before. I don’t understand that. Because if the emissions have to stop, then we must stop the emissions. To me that is black or white. There are no gray areas when it comes to survival. Either we go […]

In just a few short days, China has proved that investors who have been underestimating the geopolitical risks stemming from the simmering tensions between the US and China over the latter’s territorial claims in the South China Sea and paranoia over the fate of Taiwan – a de facto independent state that President Xi Jinping […]

Iran says despite U.S. sanctions, it has found new ‘potential’ oil buyers

All countries that were granted waivers from the United States to continue buying a certain amount of Iranian oil imports are complying with U.S. sanctions, a senior Iranian energy official said, noting that Tehran was hopeful to find new buyers. The United States withdrew from a nuclear deal with Iran last year and snapped sanctions […]

The World’s Most Productive Oil Field

Many people will tell you that the production rate of Saudi Arabia’s Ghawar oil field, which has yielded 5 million barrels of petroleum per day for decades, will never be surpassed. In fact, no other oil field has ever come close to topping the production rate of Ghawar, and up until recently I would have […]

What’s Coming In 2019? Global Thinkers Make Big, Bold Predictions

At the beginning of 2018, we made predictions about what the year in global health and development might look like in the countries we cover. The pundits we interviewed forecast that 2018 would bring a decline in the number of health workers around the world, inspire more humanitarians to share their #MeToo stories and see […]

Oil And Gas See Regulatory Windfall Under Trump

Trump’s border wall is at a standstill, his infrastructure plan never got off the ground, and many other policy initiatives are in disarray. But one area where the Trump administration has been ruthlessly effective has been in promoting the interests of the energy industry. His federal agencies have succeeded in gutting a long list of […]

How’s the Population Doing?

How’s the Population Doing? 00:00 01:24 Happy new year everyone! As our global family kicks off a brand new year let’s take a moment to get a snapshot of our big family by asking the big question: How’s the population doing? Listen to this Question Your World radio report produced by the Science Museum of […]

The Rise of the Environmentalist Antagonist

Villains in comic book movies have a lot of different motivations, ranging from “I just want to watch the world burn to” to revenge, but one of the most interesting is the “environmentalist villain.” In this past year, in Avengers: Infinity War and Aquaman, we have two villains motivated by a sense of doing what’s right […]

Actually, 2018 Was a Pretty Good Year

The year 2018 will be deplored by pundits as a bad year of more unpredictable Donald Trump, headlined by wild stock market gyrations, the melodramas of the Robert Mueller investigation and the musical-chair tenures of officials in the Trump administration. The government is still shut down. Talk of impeachment by the newly Democrat-controlled House of […]

OPEC oil output falls most in two years as Saudi Arabia makes cuts

Before its agreement to cut oil supplies even started, OPEC’s production plunged by the most in almost two years last month. In a sign of the urgency felt by the cartel amid tumbling crude prices, leading member Saudi Arabia throttled back production, according to a Bloomberg survey of officials, analysts and ship-tracking data. The group’s […]

Has oil’s demise been greatly exaggerated?

I often speak to people who are concerned about how long the oil industry will last and have the misconception that its demise is just around the corner. This is very far from the truth and I think comes from two factors, that oil price has been below the heady days of $100/bbl for some […]

The struggle over water in India and China

ON THE LAST day of 1956 Jawaharlal Nehru, first prime minister of an independent India, took Zhou Enlai, his Chinese counterpart, to visit the Bhakra dam, on the Sutlej river in the north of the country. “These are the new temples of India, where I worship,” he told his visitor. Both young governments saw managing […]

Will Exxon Greenlight This Huge LNG Project?

Exxon has secured long-term purchasing commitments for liquefied natural gas from its Rovuma project in Mozambique, moving closer to a final investment decision on a facility that will add as much as 15.2 million tons of LNG to global capacity. In a statement, the oil supermajor, which also has significant plans in the liquefied natural […]

Insect population declining around world

Something is going on in the world of bugs. Actually, something is going wrong in the world of bugs, which means that something is going wrong in the world. Studies are beginning to show the bug population is dropping so low that scientists are now calling it a “bugpocalypse” or “insect armageddon.” The problem is […]

Global Revolt Against Climate Change Policies

2018 saw a global revolt against policies aimed at fighting global warming Australia, Canada, France and the U.S. have all seen push back against global warming policies That included weeks of riots in France against planned carbon tax increases Despite increasingly apocalyptic warnings from U.N. officials, 2018 has seen a number of high-profile defeats for […]

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