investing
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IEA Cuts Oil Demand Forecasts Citing Long-Term Oversupply Concerns and OPEC’s Market Strategy Shift
Natasha Kaneva from JPMorgan, speaking on “Bloomberg The Close,” emphasizes that the International Energy Agency (IEA) has reduced its global oil demand forecast for 2025 by nearly one third, warning of an oversupply that could extend into 2026. She explains that her baseline view for over a year has been that significant oversupply would affect…
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Cathedrals of Code: On the Theological Economy of Silicon Capitalism
In the constellation of late capitalist titans, the contemporary standing of Apple, Microsoft, Alphabet (Google), Meta Platforms (Facebook), and OpenAI serves as both a quantitative measurement of economic gravity and a qualitative index of the unfolding spiritual, political, and epistemological transformations of our era. The sheer scale of their current market capitalizations—Apple at $3.8 trillion,…
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