Economy

Energy, Economy, Oil, Gas: World Review June 2022

Energy, Economy, Oil, Gas: World Review June 2022

On the 1st of each month, find a world tour of Energies. On the agenda:– France: Macron announces peak oil for Saudi Arabia– Europe: Higher, stronger, further– USA: Ban on limiting pollution from coal-fired power plants– Russia: Sales to China and India are increasing– Iran: The nuclear agreement is slipping away– China: Two nuclear bombers …

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Energy crisis in Europe

Energy crisis in Europe

The European Union will have to pay more for its energy, pollute more and ration. Engaging in an economic war with a country on which we depend to cover our energy needs, particularly gas, is the unique situation in which the European Union finds itself. Sources of supply before the war We must first measure …

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Inflation weighs on household spending in the United States

Inflation weighs on household spending in the United States

US household spending slowed in May due to record inflation and incomes not rising enough to offset soaring prices, which could however satisfy the US central bank. In May, spending rose just 0.2% from 0.6% in April and income rose 0.5%, according to Commerce Department data released Thursday. At the same time, inflation accelerated to …

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Samsung starts manufacturing chips on 3nm process, DRAM glut brews in South Korea TechRadar

Samsung starts manufacturing chips on 3nm process, DRAM glut brews in South Korea TechRadar

The big picture: TSMC is still the undisputed leader in the contract chip manufacturing industry, but Samsung just beat it in the race to produce the world’s most advanced chips to date. The company still has a lot to prove if it wants to entice regular TSMC customers, but it now has a real shot …

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responsAbility and ESG-AM launch a net zero emissions fund

responsAbility and ESG-AM launch a net zero emissions fund

The strategy will allow institutional and private investors to invest for climate change, without making concessions on financial performance. Impact investing has until now been almost exclusively reserved for unlisted markets. This situation is changing, thanks to the commitment of the Swiss sustainable investment company responsAbility and ESG Asset Management (ESG-AM). The fund, which has …

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The Federal Commissioner is concerned about the lack of regard for the private sphere (but a little less for the Covid certificate)

The Federal Commissioner is concerned about the lack of regard for the private sphere (but a little less for the Covid certificate)

The Federal Data Protection and Transparency Commissioner (FDPIC) has published his activity report covering the period from April 2021 to March 2022. In it he says he is concerned about the indifference towards the protection data and the low value given to the notion of privacy. In the press release that accompanies the publication, the …

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OPEC+ pumps more, but not enough to curb soaring prices

OPEC+ pumps more, but not enough to curb soaring prices

The oil-producing countries of OPEC + renewed their objective on Thursday of opening the valves slightly more widely for this summer, but this will not be enough to curb the surge in prices caused by the war in Ukraine. Representatives of the thirteen members of the Organization of the Petroleum Exporting Countries (OPEC) and their …

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OPEC+ pumps more, but not enough to curb soaring prices

OPEC+ pumps more, but not enough to curb soaring prices

The oil-producing countries of OPEC + renewed their objective on Thursday of opening the valves slightly more widely for this summer, but this will not be enough to curb the surge in prices caused by the war in Ukraine. Representatives of the thirteen members of the Organization of the Petroleum Exporting Countries (OPEC) and their …

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Amundi announces the launch of a new fund

Amundi announces the launch of a new fund

“With this fund, we are offering an investment solution that supports the fight against climate change while offering attractive return potential in green corporate bonds,” explains Christian Trixl, CEO of Amundi Switzerland. Amundi announces the launch of Amundi Funds Euro Corporate Short Term Green Bond, a green corporate bond strategy open to institutional and retail …

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Alcohol test purchases: poor results show the limits of the current system

Alcohol test purchases: poor results show the limits of the current system

30.06.2022 – 09:00 Sucht Schweiz / Addiction Switzerland / Dipendenze Svizzera Lausanne (ots) The report on test purchases carried out in physical points of sale in Switzerland reveals that, despite the regulations in force, minors were able to buy alcohol illegally in around a third of cases in 2021. Wearing a mask shows the limitations …

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