Money & Finance
Money and finance coverage from The Virtual Tribune, including the economic cost of disasters, insurance, and rebuilding.
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How the Petrodollar System Took Shape After the 1973 Oil Shock
LONDON, July 14 — The mechanism that has underpinned global oil trade for half a century is the…
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Oil steadies above $78 after Trump drops 20% Hormuz cargo fee
LONDON, July 14 — The global shipping industry and oil markets are breathing a collective sigh of relief…
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Russia Bans Diesel Exports After Ukrainian Drone Strikes on Its Refineries
MOSCOW, July 7 — Russia’s oil refining sector processed approximately 275 million tons of crude oil in 2023,…
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Record $1.1 Trillion Global Clean Energy Investment in 2022
LONDON, July 7 — The numbers are staggering, and the mechanism behind them is worth dissecting. Global investment…
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All payments for Govt services to be made on a cashless basis by 2022- Zafrul
Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz announced on June 10, 2021, that all payments for Malaysian…
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Venezuela’s Oil Collapse Was Made at Home, Not by Markets, Study Finds
CARACAS, July 12 — The figure that matters: 200%. That is the inflation rate the International Monetary Fund…
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Clean Energy Transition Asia 2026 in Kuala Lumpur
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Faraday Factory HTS tape and Zenno Almighty Magnet launch to space
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Japan’s H3 Rocket Evolves Into a Versatile Workhorse for Deep Space Exploration
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SpaceX Pursues Ambitious Projects After Recent Launch Success
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Japan Meteorological Agency Reviews Early Warning System After False 9.9 Quake Alert
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Russian strikes leave 850,000 without power in Ukraine as winter approaches
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JMA Says Aichi Quake Not a Nankai Trough Precursor but Calls for Week of Vigilance
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GFZ Scientists Use Unsupervised Machine Learning to Detect Hidden Earthquake Precursors
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Inside the Japan Meteorological Agency Seismic Monitoring Network
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FEMA Shifts Toward Long-Term Resilience Amid $1.3B Disaster Recovery Commitment
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How Botswana’s 30% De Beers Stake Redefines Global Diamond Power
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Trump Rules Out New Strikes on Iran as Nuclear and Strait of Hormuz Talks Progress
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How Fervo Energy Is Using Enhanced Geothermal Systems to Overcome Geographic Limits
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Sigatoka Iron Sands Project Faces Halt Calls Over River Pollution Risks
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Democrats Target IRA Tax Credits to Counter Trump Fossil Fuel Agenda
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China’s Qianfan Constellation Accelerates with Modular Rocket Launches
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AST SpaceMobile builds Blacklift rocket to reduce SpaceX dependence
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SpaceX Prepares for Flight 15 Breakthrough to Catch Both Starship Stages
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How NASA’s CLPS 2.0 Contracts Are Redefining Lunar Rover Tech and Costs
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NASA Accelerates Artemis Moon Return Plans Following Successful SLS Launch
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Ancient Bronze Sword Found Sharp in Lake Mezzano, Revealing Roman Engineering Secrets
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Dinosaur Blood Traces Challenge Fossil Preservation Limits
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How Beauty Meson Decay Confirms Standard Model Predictions
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How the Great Unconformity Reveals a Billion-Year Gap in Earth’s Geological Record
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Giant Prehistoric Megapode Found in Hobbit Cave Rewrites Avian History in Wallacea