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Tag: China

The energy crisis deepens

The energy crisis deepens

China requests emergency power from Russia as coal shortages leave cities without electricity & factories grind to a standstill Beijing has reportedly asked one of Russia’s largest power companies to step up its exports of electricity to China after days of brownouts blamed on scarce supplies of coal caused chaos across the world’s most populous country. On Wednesday, the Inter RAO energy conglomerate revealed that it had received a request from authorities in the East Asian nation to help relieve…

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Power Crisis Deepens In Asia And Europe: What It Means To Shipping

Power Crisis Deepens In Asia And Europe: What It Means To Shipping

By Greg Miller of American Shipper, There’s panic-buying of gasoline in the U.K. Natural gas prices in Europe and Asia are skyrocketing. Protests are breaking out across Europe due to spiking electricity bills. India and China are short of coal for utilities. Power is being rationed to factories in multiple Chinese provinces — and winter is coming. First came the COVID-induced global supply chain crisis for container shipping. Now comes a power crunch across Asia and Europe. Energy commodity stockpiles…

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All Hell Is Breaking Loose In Energy Markets

All Hell Is Breaking Loose In Energy Markets

https://www.zerohedge.com/markets/all-hell-breaking-loose-energy-markets By now readers are well aware that Europe is suffering from a historic gas crisis, one which according to Rabobank is now even more extreme than the US oil price shock. And unfortunately for Europe’s population, with every passing day – and to a lesser extent hedge funds such as Statar Capital which suffered a big loss in the past few days – it’s only getting worse. As Bloomberg’s Javier Blas notes today, both UK NBP and Dutch TTF natural gas benchmarks have closed…

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Nervous Chinese Officials Ban Crypto Currencies as Evergrande Teeters on Edge

Nervous Chinese Officials Ban Crypto Currencies as Evergrande Teeters on Edge

Today on TRUNEWS, shocking news out of China, as the debacle taking place with Evergrande has now prompted Communist China to put up a Great Digital Wall, forbidding all crypto transactions in the nation. Robert F. Kennedy, Jr. is under attack by the left for his opposition to the vaccine mandate, and for picking up dead animals on the road. COVID media darling Dr. Leanna Wen makes some confusing statements regarding the vaccinated versus the unvaccinated. Rick Wiles, Raymond Burkhart,…

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China’s $300 billion time bomb: Will China export a global financial crisis?

China’s $300 billion time bomb: Will China export a global financial crisis?

Former Lehman Trader On “China’s Lehman Moment” By Larry McDonald, former trader at Lehman Brothers, author of “A Colossal Failure of Common Sense” and publisher of the Bear Traps Report My name is Larry McDonald, that is the UK cover above. In the years before the failure of Lehman Brothers, I ran a successful distressed credit business at what was the 4th largest investment bank in the U.S. – becoming one of the most consistently profitable traders in the fixed…

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China Braces For “Nightmare Scenario” As Evergrande Offers Broke Investors Discounted Apartments

China Braces For “Nightmare Scenario” As Evergrande Offers Broke Investors Discounted Apartments

The next Lehmann Bros.? I doubt you will see this in your headlines Zero Hedge, 16 September, 2021 Up until now the collapse of China’s Evergrande was very much a slow motion affair, captured perhaps best by Forte Securities trader Keith Temperton who said that “the Asian banks will get hit hard if there’s a default, but then there will be a 10-year recovery process. The market’s getting a hang of it. The way they’ve managed the news flow seems…

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Marxist Milley Betrayed President Trump by Twice Secretly Calling Chinese Communists

Marxist Milley Betrayed President Trump by Twice Secretly Calling Chinese Communists

Today on TruNews, General Mark ‘Marxist’ Milley is featured in a new expose by Bob Woodward, detailing how the Joint Chiefs Chairman had two separate phone conversations, assuring the Chinese that they would be given a heads up in the event of any attack by President Trump. The silence from politicians both left and right to this treason is deafening. Rick shares information of a schedule of wars that the Chinese have planned between now and the 2050s. Is the…

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Beijing Warns USA: Chinese Warships Coming Soon to Your Doorsteps

Beijing Warns USA: Chinese Warships Coming Soon to Your Doorsteps

Today on TruNews, China is making it clear to the United States that its continued provocations in the South China Sea will not be tolerated, even as the US Coast Guard cruises through the Western Pacific. Russian is calling out the US Ambassador over the real reason he was summoned: election interference by the tech giants in the upcoming Duma elections. Republicans have strong reactions to the Biden COVID mandate. In the final segment, Rick and Doc continue the teaching…

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BREAKING! HUGE ANNOUNCEMENT BY CHINA SOON

BREAKING! HUGE ANNOUNCEMENT BY CHINA SOON

This is of course speculative and I do not take Christopher Green at his word, however.. That could be compared with what Hal Turner is saying back at the end of August. Something happened that is – and history will record it as being — THE “Black Swan Event” for the United States. Saudi and Russian officials Tuesday announced the signing of military cooperation pact between the two countries. Saudi Defense Minister Khalid bin Salman announced the agreement via Twitter,…

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Is this China’s Lehman Bros.?

Is this China’s Lehman Bros.?

Evergrande Bonds Halted Amid Liquidation Panic As Contagion Spreads To Other Chinese Junk Zero Hedge, 6 September, 2021   With algos busy chasing upward momentum in futures and global stocks, the biggest – if largely ignored story – remain the ongoing collapse of “China’s Lehman“, the $300+ billion China Evergrande, where following our earlier reports (see below) that a bank run  emerged among creditors of the biggest and most indebted Chinese developer as its bonds were no longer eligible collateral in…

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