During the past year, freight prices have been increasing nonstop and have now hit a record high. Bloomberg has highlighted that the rate to ship a forty-foot container to Rotterdam from Shanghai has jumped by 485% year-on-year, following a 3.1% rise over a week, according to information released by the Drewry World Container Index. The …
Container freight rates from Asia to Europe exceed 10.000 USD Read More »
For centuries now, gold has consistently attracted more investors and higher demand in comparison to the other precious metals. Demand per year outweighs 3,000 billion tonnes, with China and India being top of the list of those demanding more of the ‘yellow metal.’ Gold is widely regarded as a ‘safe haven’ par excellence, given its …
The economic and environmental impact of gold mining Read More »
The immense amount that the shipping industry has changed over time is something that we take for granted in modern society. In the era of free two day shipping and sometimes even 1-day deliveries, it’s important to examine what is different. Means of Travel Ships, railroads, and trucks have changed the fundamentals of how we …
The International Energy Agency (IEA), which I consider to be the global gold standard for energy data, warns that in 2021 global carbon dioxide emissions are set for their second biggest increase in history. This huge spike is second to the massive and carbon-intensive rebound after 2008 financial crisis. Global Energy Report 2021 of IEA …
Economic recovery from COVID19 is neither green nor sustainable Read More »
