
Articles
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Dec 9, 2024 |
economist.com | Matthieu Favas
The president-elect wants to be the ultimate energy baronDonald Trump, a man not renowned for the length of his attention span, likes simple formulas. Scott Bessent, his nominee to be treasury secretary, has one: “3-3-3”. He wants to cut America’s federal budget deficit to 3% of GDP, lift annual economic growth to 3% and boost the country’s oil and gas output by the equivalent of 3m barrels per day (b/d) by 2028, up from 30m in 2024.
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Nov 19, 2024 |
economist.com | Matthieu Favas
The price of oranges, coffee and uranium will stay highBy Matthieu Favas, Commodities editor, The Economist FOR MUCH of 2024 commodity prices were driven by low demand. America slowed down and economic woes worsened in China, the world’s biggest importer of raw materials. So prices for everything from coal and cobalt to natural gas are lingering at levels that prevailed before Russia’s invasion of Ukraine in 2022.
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Oct 7, 2024 |
economist.com | Matthieu Favas
Oct 7th 2024EVER SINCE Hamas’s attacks on Israel a year ago, the biggest fear in oil markets has been that tensions would escalate into a full-blown regional war pitting Israel against Iran, the world’s seventh-largest producer of crude. Until recently both countries seemed keen to avoid it.
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Dec 23, 2023 |
di.se | Matthieu Favas
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Nov 13, 2023 |
economist.com | Matthieu Favas
The World Ahead | Commodities in 2024The energy transition will mint new fortunes in surprising placesBy Matthieu FavasListen to this story. Enjoy more audio and podcasts on iOS or Android. Your browser does not support the <audio> element. A net-zero global economy, if it materialises, will not just be carbon-neutral. It will also consume far fewer raw materials. Going from here to there, however, will require a heap of them. In the next few decades, supplying them will create new fortunes.
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In the trade war between the US and China, most of the focus has been on the tariff tit for tat. But China has another weapon to hurt America: restrictions on rare-earth exports. That is a weapon it is starting to deploy. How much damage could it cause? https://t.co/Wdz1seZLKL

Markets are sliding. Oil and gas are tanking. Other commodities are down. So this week I wrote about a niche material that's holding up better than most. Tin is the one critical metal no one's talking about https://t.co/tE0xxuj20R

What if America lifts sanctions on Russia but Europe does not? Access to US tech, currency and payment networks, some say, is what Russia really wants. But the old continent has its own weapons. Ignored and threatened, it may be tempted to use them https://t.co/jhzEtEu5Tg