ECONOMIC UPDATE

ECONOMIC UPDATE

Brent Crude prices have spiked. In his State of the Union address last Tuesday, President Trump said that gas prices are “now below $2.30 a gallon in most states and in some places, $1.99 a gallon.” 

Global Economy

SPOTLIGHT: BIGS GETTING BIGGER

SPOTLIGHT: BIGS GETTING BIGGER

Four investment managers have pooled resources to buy AES, a Virginia-based electric power producer operating in 14 countries.

OPEC+ BOOSTS OIL OUTPUT MODESTLY AS MARKET TIGHTENS

OPEC+ BOOSTS OIL OUTPUT MODESTLY AS MARKET TIGHTENS

On 1 March, OPEC+ agreed to add 206,000 barrels a day to the world’s oil supply, beginning next month, to offset the effective shutdown of the Strait of Hormuz, a 21-mile-wide throat of water that connects the Persian Gulf to the Red Sea off the Iranian coast.

U.S. Economy

The Iran War

2,000 BOMBS WERE DROPPED ON IRAN IN FIRST 30 HOURS OF WAR, IDF SAYS

2,000 BOMBS WERE DROPPED ON IRAN IN FIRST 30 HOURS OF WAR, IDF SAYS

The Israeli military announced on Sunday that its forces dropped at least 2,000 bombs across Iran in the first 30 hours of the war against Iran, which these officials said is more than half of what it fired during the previous 12-day war last summer, according to a report. 

Hi-Tech Science

NEW ENGINE BOOSTS EFFICIENCY, CUTS EMISSIONS WITH ALL-RENEWABLE FUEL

NEW ENGINE BOOSTS EFFICIENCY, CUTS EMISSIONS WITH ALL-RENEWABLE FUEL

Horse Powertrain has a good thing going. A 2023 spinoff from a partnership between Renault and Chinese EV maker Geely, it has emerged as the world’s third-largest maker of auto engines, supplying Nissan, Volvo, and other companies as hybrid cars’ sales have soared in the past three years.

The above are just a few of the many articles in the latest Trends Journal. CLICK HERE for the full edition.