Gas crisis plunges LNG shipping market into the hands of energy giants

LONDON/SINGAPORE (Reuters) – The skyrocketing price of liquefied natural gas (LNG) shipping has alienated dozens of small traders, concentrating business in the hands of a handful of major global energy companies and major global trading houses. This grip is not expected to ease until 2026 when more LNG begins to emerge and lower prices, raising … Read more

Britain’s Emerging Markets Crisis – Politico

Timothy Ash is Associate Fellow in the Russia and Eurasia Program at Chatham House and Senior Sovereign Strategist at Bluebay Asset Management. For just one minute, imagine a country that has suffered from years of political instability. It has seen four prime ministers in just six years and three general elections over the past seven … Read more

Ningxia matures into the center of the digital economy

By FAN FEIFEI in Beijing and Hu Dongmei in Yinchuan | China Daily | Updated: 2022-09-21 09:22 West China’s first data valley conference for the computing industry kicked off Thursday in Yinchuan, the capital of the Ningxia Hui Autonomous Region. [Photo by Hu Dongmei/chinadaily.com.cn] Ningxia Hui Autonomous Region in northwest China is accelerating efforts to … Read more

UN’s Guterres says ‘polluters must pay’, calls for taxes on fossil fuels

Antonio Guterres was photographed in New York last September. On Tuesday, he said fossil fuel companies and their “enablers” must be held accountable. John Minchillo | pool | Getty Images News | Getty Images The United Nations Secretary-General said on Tuesday that advanced economies should levy an additional tax on the profits of fossil fuel … Read more