News
PJM Board Approves $11.8BN Transmission Expansion Plan
39+ min ago (607+ words) By Ethan Howland Of UtilityDive The PJM Interconnection's board last week approved $11.8 billion in baseline transmission projects, with Dominion Energy's Virginia utility landing roughly $4.8 billion in those projects. The projects are part of PJM's 2025 Regional Transmission Expansion Plan Window 1, which…...
Window Closing On Iran Diplomacy: IAEA's Grossi Issues Pessimistic Outlook
1+ hour, 14+ min ago (406+ words) At this moment the Trump-assembled armada threatening Iran includes two aircraft carriers, a dozen warships, hundreds of jets, and advanced air defenses. Over 150 US military cargo flights have delivered weapons to the Middle East this month, with a surge of…...
Bill Gates Pulls Out Of High-Profile Indian AI Summit As Epstein Fallout Accelerates
1+ hour, 34+ min ago (315+ words) The Epstein fallout continues to spread by the day, with billionaire Les Wexner saying he was "conned" by Jeffrey Epstein and insisting he "did nothing wrong" earlier this week, and with Prince Andrew (Andrew Mountbatten-Windsor) being arrested on Thursday morning…...
US Trade Deficit Unexpectedly Worsens As Exports Slump Again In December
1+ hour, 37+ min ago (67+ words) ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero For the second month in a row, US exports declined and imports rose in December, pushing the US trade balance significantly deeper into deficit. Make sure…...
Futures Slide As Iran War Risks Add To Growing AI Disruption Fears; Oil Surges
1+ hour, 44+ min ago (651+ words) In premarket trading, Mag 7 stocks are mostly lower (Microsoft +0.3%, Amazon -0.2%, Alphabet -0.2%, Nvidia -0.2%, Apple -0.4%, Meta Platforms -0.5%, Tesla -0.6%) In corporate news, OpenAI is said to be close to securing the first phase of'funding'likely to bring in more than $100 billion. Samsung is looking…...
US Is Rapidly Expanding Its Nuclear Supply Chain: It's Not Nearly Fast Enough
2+ hour, 9+ min ago (430+ words) As we have repeatedly highlighted (most recently here), the much-hyped resurgence in US nuclear power is notable for one thing: the lack of actual new reactors. In fact, according to the latest Goldman Nuclear Nuggets monthly report, while China is…...
"Law Must Take Its Course": King Charles Responds To Arrest Of Former Prince Andrew
2+ hour, 19+ min ago (576+ words) King Charles has released his first public statement regarding Andrew's arrest. He said: I have learned with the deepest concern the news about Andrew Mountbatten-Windsor and suspicion of misconduct in public office. What now follows is the full, fair and…...
"The Plan Was To Kill Off Gold As Money..."
2+ hour, 24+ min ago (801+ words) If you think about it, there is a simple reason that derivatives for speculating or hedging gold is fatally flawed. It is because in nearly every nation's common law, gold is money, and currencies are inferior credit, which is where…...
Epstein Ally Was Talking To Feds About Flip, Wanted $3 Million To Keep Quiet, Then Backed Off Deal
3+ hour, 34+ min ago (1254+ words) According to handwritten notes taken by a federal prosecutor in February 2016 state: "One of Epstein's bfs, Jean Luc Brunel, has helped get girls. He is wanting to cooperate." The notes add: "Brunel is afraid of being prosecuted," the'Wall Street Journal'reports....
IEA Chief Warns Fracturing Global Order Is Splintering Energy Policy
3+ hour, 59+ min ago (327+ words) By Irina Slav of OilPrice.com A fracturing in the "global order" is threatening the harmony in energy policies, the head of the International Energy Agency has warned. "We see a fracturing in the global political order in general, and…...