Two of the fossil fuels, coal, and natural gas, are used to generate continuous uninterruptible electricity, but not crude oil, the third fossil fuel, as it is primarily used to manufacture oil derivatives that thousands of products are based upon, and the fuels for various transportation infrastructures. Crude oil gets …

Ukrainian President Volodymyr Zelenskiy spoke to U.S. Secretary of State Antony Blinken by phone on December 6 ahead of President Biden’s call with Russian President Vladimir Putin in which Biden is expected to issue a strong warning against a Russian invasion of Ukraine. “Agreed to continue joint & concerted action. …

Major representatives of the European Central Bank—including ECB president Christine Lagarde—continue to warn against bitcoin. In a recent article, addressed to the inflation-adverse German audience, the ECB representative Klaus Masuch together with the former ECB chief economist Otmar Issing has stressed five risks of bitcoin: a lack of intrinsic value, …