The economy has dodged a recession, but not is out of the woods yet America’s economy in 2023 provided a lesson in humility for forecasters. Before the year began, almost all predicted that it was heading for sluggish growth at best, and a recession at worst. The logic was simple: beating inflation was bound to be…
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Although artificial intelligence has been used since the 1950s, the technology has only gained in fame in the last decade as it is growing more and more out of its infancy. But when AI will actually be mature, it remains to be guessed for the time being. That makes it challenging to draw up an…
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Special forces destroy aircraft and seize weapons in effort to protect largest Indigenous reserve from mining mafias T.Philips The special forces crackdown on illegal mining in Yanomami territory. Photograph: Ibama/Brazilian government The Brazilian government has launched its campaign to drive tens of thousands of illegal miners from the country’s largest Indigenous reserve, with special-forces environmental operatives…
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Experts are sounding the alarm: the world is caught in a debt trap. The global mountain of debt has increased to more than 300 trillion US dollars. To cancel it out, the Earth’s population would have to work for nothing for three years. Is this a cause for concern? Will private individuals, companies and even…
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Can you put a price on the wonders of nature? Kingston-Upon-Hull, Tokyo and Shiretoko Spurn point would be a desolate place to die. Stretching five precarious kilometres into the North Sea, the constantly shifting finger of East Yorkshire coast is little more than a narrow sand bank held together by sea grass, the only obvious signs…
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S&P Global The global landscape for high-impact wells (HIWs) in 2024 is poised for significant activity, with a predominant focus on the Caribbean, Latin America and Africa, according to a new S&P Global Commodity Insights report. This follows a successful 2023, where 32 HIWs yielded 11 discoveries, amassing an impressive 2.7 billion barrels of recoverable…
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TotalEnergies’ concerted efforts in expanding its portfolio in Suriname’s offshore basin, notably with the recent signing of a production sharing contract for Block 64 alongside QatarEnergy and Petronas, hold significant promise for the country’s offshore oil production landscape. Block 64, covering a vast expanse of 6,262 km2 and situated approximately 250 km offshore, marks TotalEnergies’ latest venture…
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Staatsolie, Suriname’s state oil company, announced on December 15, that it has signed three production sharing contracts (PSC) for the offshore deepwater blocks 63, 64, and 65. The blocks were part of the Demerara bid round held from November 2022 to May 2023. Staatsolie said the contracts from the bids were signed after negotiations with…
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Now the rest eyesonsuriname Amsterdam, 12 dec 2023– Since the recent oil discoveries in the Guyana-Suriname Basin and Guyana’s colossal oil boom and skyrocketing economic growth, Suriname is impatiently watching this mouthwatering opportunity that is presented to them as well. With TotalEnergies and Apache offshore oil discoveries in Block 58, Suriname became more optimistic about…
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Best Economic Documentary I have Watched FOUR HORSEMEN is an award winning independent feature documentary which lifts the lid on how the world really works. As we will never return to ‘business as usual’ 23 international thinkers, government advisors and Wall Street money-men break their silence and explain how to establish a moral and just…
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