Money, Wealth & Power—A Daily Look at the Financial World
European Union policymakers are preparing to clamp down on methane leaks across the oil and gas supply chain, and one of the world’s biggest producers is sounding an alarm about the price tag. An Exxon executive has warned that the bloc’s new methane rules could lift refiners’ crude costs by 13 percent, a jump that…
Cuba is running out of fuel, and with it, time. As the island’s reserves dwindle to what officials describe as only days of supply, President Donald Trump is under mounting pressure from Republican lawmakers to close a remaining embargo loophole that still allows some licensed trade. The fight over that gap is no longer an…
Chipotle is preparing to charge more for its burritos again, and its leadership is signaling little concern about scaring off its core clientele. The company’s top executive, Chipotle CEO Scott Boatwright, has argued that most of the chain’s diners earn more than $100,000 a year, a profile that he suggests can comfortably absorb higher menu…
Farmers on both sides of the world are bracing for a showdown over a new trade pact between the United States and India that they say treats their fields as little more than a dumping site for surplus grain and meat. In India, unions have called a nationwide shutdown on February 12, 2026, while in…
Russia is entering a phase of economic stress that looks less like a normal downturn and more like a structural breakdown, with war spending crowding out civilian life and growth prospects. Output is barely expanding, inflation is accelerating, and the financial system is creaking under the weight of a war economy that increasingly resembles the…
Colombia is weighing an aggressive new corporate wealth tax as torrential floods rip through its northern departments, testing how far a government can lean on big business to finance climate disasters. The proposal would target the largest balance sheets in the country, using their accumulated assets to patch washed‑out roads, rebuild homes and stabilize a…
French wine and spirits producers are discovering how quickly a prized export can turn into collateral damage in a geopolitical fight. After President Donald Trump imposed 15 per cent tariffs on French bottles, exports to the United States fell 21 percent and overall shipments dropped 8 percent, the steepest volume decline in at least a…
Market history is brutal to investors who confuse frightening headlines with permanent damage. Warren Buffett has spent decades arguing that the real risk is not temporary price swings but the permanent loss that comes from bailing out of strong companies at the worst possible moment. His latest warning, that selling fine businesses on scary news…
The Trump administration’s decision to sideline the Consumer Financial Protection Bureau did not just rearrange a Washington bureaucracy, it effectively erased an estimated $19 billion in potential relief that was supposed to flow back to households. At the same time, a sweeping nutrition law cut deep into food assistance, tightening rules for the Supplemental Nutrition…
Gold’s latest rally has collided with a viral prediction that the metal will more than double in price, turning a long-running niche obsession into a mainstream talking point. The excitement is being stoked by big-bank forecasts that put potential targets above $6,000 an ounce, just as spot prices and futures scrape record territory. I see…