Voting results indicate that on February 15, the US House of Representatives adopted a bill to streamline the exporting of liquefied natural gas, in spite of opposition from the White House. 225 congressmen voted in favor of the Unlocking National LNG Potential Act, while 200 voted against it. House Republican Majority Leader Steve Scalise stated, "We should give freedom to American energy...

Philip Lane, the senior economist at the European Central Bank, told Spanish TV channel RTVE that the bank's next move will be to lower key interest rates. The date of the first reduction will rely on newly received statistical data. "The campaign against inflation is gathering steam, but it will require more time. Our goal is to return inflation to the 2% target. We think the pricing trend is...

LNG Outlook: the US became the biggest LNG exporter in the world in 2023. According to Shell's annual liquefied natural gas (LNG) outlook, LNG Outlook 2024, the United States became the world's largest exporter of LNG last year, shipping 86 million tons overseas, or more than 21 percent of all LNG exports worldwide. "The U.S. was the largest exporter of LNG in 2023, shipping 86 million tons,"...

For a brief while, the Nikkei 225 index in Japan rose above 38,000 points for the first time since 1990. The robust financial outcomes of technological enterprises bolstered their expansion. For the first time since 1990, the Nikkei 225 stock index in Japan hit above 38,000 points during trading on February 13, according to CNBC. Nikkei 225 was at 37,963.87 points (+2.89%) at the end of trade....

Tuesday saw a feeble continuation of Monday's gains for Bitcoin, which a day earlier had surpassed $50,000 for the first time since December 2021, according to MarketWatch. Quotes had hit $50,211 the day before, but the surge has slowed by the close of trading. The cryptocurrency’s price grew by 11% over the last seven sessions, following a 2.5-fold increase in 2023. On Monday, the stock price...

The Financial Times claimed, citing members of the US nuclear industry, that a restriction on imports of Russian enriched uranium into the US might be implemented as soon as this year. The US Congress's lower house approved the bill in December 2023. The measure permits lifting of the moratorium in the event that US nuclear reactors cannot be powered by any other feasible source of uranium. The...

Consumer prices (CPI) in China fell in January 2024 by the largest annualized 0.8% in over 14 years, according to a study from the People's Republic of China's State Statistical Office (SSO). Analysts' consensus forecast gathered by Trading Economics indicated a 0.5% decrease in them. The state’s economy saw deflation at the end of its fourth straight month, the longest stretch since October...

The fourth quarter saw a 1.2% (or $212 billion) growth in US household debt over the preceding three months, culminating in a record $17.503 trillion, as reported by the Federal Reserve Bank of New York. The debt climbed by $604 billion in comparison to October–December 2022. Americans' indebtedness on credit cards rose by $50 billion to $1.13 trillion, on mortgage loans - by $112 billion, and...

A record-breaking one millionth electric vehicle has been sold in the UK's, according to the Society of Motor Manufacturers and Traders (SMMT). Sales of electric vehicles grew by 21% year over year to 20,935 in January. Locals bought 1.001 million of electric cars since the indicator's computation began in 2002. "It has taken just over 20 years to reach the 1 million mark, but with the right...