Noticias de dinero

LNG use approved for Meralco supply deals

THE Energy Regulatory Commission (ERC) has approved the limited use of liquefied natural gas (LNG) for the power purchase agreements (PPAs) between Manila Electric Co.(Meralco) and First Gen Corp. In an order released on March 26, 2024, the ERC said it resolved to allow First Gas Power Corp. (FGPC) and FGP Corp. (FGP) to use

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Noticias de dinero

Immigration 2021-23: Supply and Demand Shock

Or, why has the US done so well. Part of it’s immigration. From Goldman Sachs “Upgrading Our GDP and Payrolls Forecasts to Reflect Elevated Immigration (Walker)” released yesterday: Recent studies suggest that Census data used for the household survey of the employment report understated immigration in 2023. We estimate that immigration was 1½mn above the

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Global

US military chief visits weapon factories to press the need to supply Ukraine

Joint Chiefs Chairman Gen. CQ Brown is visiting U.S. weapon factories with lawmakers to voice the importance of a $95 billion aid package for Ukraine. Brown is accompanied by lawmakers representing factory workforces, addressing concerns over sending billions overseas. Arkansas Republican Sen. Tom Cotton and Oklahoma Sen. John Lankford, originally scheduled to accompany Brown, will

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Noticias de dinero

US can house ‘entire’ chips supply chain

WASHINGTON, D.C.: US Commerce Secretary Gina Raimondo expressed confidence on Monday that the country can house the entire silicon supply chain for making advanced chips, including tech that is key for artificial intelligence (AI). Her comments come as the United States looks to cement its lead in the chip industry, especially for chips needed for

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