TECHNOLOGY

The world was abuzz two weeks ago when we learned that the notorious Three Mile Island nuclear power plant – site of the worst nuclear accident in U.S. history – would restart to power Microsoft data centers. As we said at the time, that was only the beginning, as the staggering electricity needs of the coming AI revolution – which we dubbed "the next AI trade" earlier in the year, meant that much more nuclear capacity will have to be either built from scratch or reopened.

Sure (more…)

By Tsvetana Paraskova of OilPrice

Germany hasn’t decided yet if it would support the EU’s plans to officially introduce tariffs on electric vehicles imported from China, the chief economic adviser of German Chancellor Olaf Scholz told Bloomberg TV on Tuesday.

The EU earlier this year imposed provisional tariffs of up to 36% on EVs imported from China, on top of the regular import duty of 10%. The EU member states are expected to vote on Friday on whether to officially (more…)

Via SchiffGold.com,

Tech companies have revolutionized the modern age, allowing for transcontinental communication, instant access to information, and unprecedented connectivity between people worldwide. But this revolution has come at a cost; these companies have undue influence over our lives, possessing the capability to shape public discourse, consumer behavior, and even political (more…)