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Tuesday, February 15, 2022

Daily Digest 2/15 – $100 Oil Threatens World Economy; U.S. Oil Companies Want Russia/Ukraine War; Desperate Americans Fighting Long Haul Covid

Economy

$100 Oil Threatens to Compound World Economy’s Inflation Shock
While energy exporters stand to benefit from the boom and oil’s influence on economies isn’t what it once was, much of the world will take a hit as companies and consumers find their bills rising and spending power squeezed by costlier food, transportation and heating.

 

What are taxpayers spending for those ‘free’ COVID tests? The government won’t say
The much-touted purchase was the latest tranche in trillions of dollars in public spending in response to the pandemic. How much is the government paying for each test? And what were the terms of the agreements? The government won’t yet say, even though, by law, this information should be available.

Energy

Can the World Handle the Truth about the West-East Crisis?
Now we see the reason for the fear mongering over a Russian invasion of Ukraine. The strategists have unwittingly laid bare the real reason Washington is so vehement to incite a war. Skip forward to Nord Stream 2, and Vladimir Putin’s ultimate victory over big energy in the west. Russia is now in position to undercut anybody’s price for supplies of gas or oil to Europe. This is why the Biden administration is talking about “crippling sanctions” should the Russians take the bait and take over all or part of Ukraine. Yes, NATO is being used as a tool by western energy oligarchs.

Health

Desperate Americans Are Going Abroad for Unproven Long COVID Cures
As the waitlists for post-COVID clinics get longer and the Omicron variant tears through the U.S., medical tourism among those who say their coronavirus symptoms never fully abated has taken on new urgency.

 

Covid’s Great Uncoupling: Gap Widens Between Cases and Deaths
The likelihood of surviving Covid-19 is improving around the world.

The post Daily Digest 2/15 – $100 Oil Threatens World Economy; U.S. Oil Companies Want Russia/Ukraine War; Desperate Americans Fighting Long Haul Covid appeared first on Peak Prosperity.



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