Per Jander of WMC shares his thoughts on uranium, touching on supply, demand and prices. In his view, the uranium market is still ‘very early’ in the current cycle. Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article. This post appeared first…
The US is on the brink of an unprecedented rise in electricity demand, with projections showing a 35 to 50 percent increase by 2040, according to data from S&P Global Commodity Insights. This surge, largely driven by artificial intelligence (AI) data centers, manufacturing expansion and mass electrification, underscores an urgent…
After surging for much of the year, egg prices have declined sharply over the past week as consumers pulled back on purchases, allowing supplies to resettle at more normal volumes. The result: The average cost of a dozen large white eggs is now $4.90, compared with an all-time high of…
Dollar General CEO Todd Vasos said on Thursday that inflation continues to hurt the discounter’s customers and that the macroeconomic environment won’t improve this year. On the company’s fourth-quarter earnings call, Vasos said customers are expecting value and convenience “more than ever” from the dollar-store chain. “Our customers continue to report that their…
Russian forces have recaptured Sudzha, the largest town that Ukraine once occupied in the Kursk region, according to Moscow, threatening Kyiv’s sole territorial bargaining chip amid pressure to negotiate an end to the war. “In the course of the offensive operations, units of the North military group liberated the settlements…
Russian forces have recaptured Sudzha, the largest town that Ukraine once occupied in the Kursk region, according to Moscow, threatening Kyiv’s sole territorial bargaining chip amid pressure to negotiate an end to the war. “In the course of the offensive operations, units of the North military group liberated the settlements…
China is hosting diplomats from Iran and Russia for talks on Tehran’s nuclear program Friday as Beijing aims to position itself as a power broker on an issue seen internationally as a pressing security concern. China’s Executive Vice Foreign Minister Ma Zhaoxu will chair a meeting with counterparts from Iran…
The outgoing prime minister of Greenland on Thursday said he would summon party leaders to strengthen their rejection of US President Donald Trump’s plan to annex the island territory, following his most recent comments on the issue. In an Oval Office news briefing with NATO Secretary General Mark Rutte earlier…
Armenian and Azerbaijani officials said Thursday that both countries have agreed to a peace agreement set to end nearly four decades of conflict between the two post-Soviet countries. The neighboring countries have been engaged in a decades-long conflict over Nagorno-Karabakh, a breakaway region in the Caucasus Mountains that was home…
Summary A 4.4 magnitude earthquake struck near Naples, Italy early Thursday, forcing residents to camp outside amid ongoing seismic activity. Over 1,800 earthquakes and tremors were recorded in the area in February alone, according to the National Institute of Geophysics and Volcanology. The seismic activity is occurring within a caldera…