Column: Metals Markets Prepare for Deflation of a Different Kind

LONDON (Reuters) – The specter of a recession has spread sharply during the celebrations of this year’s London Metal Exchange Week. The consensus of analysts is that Europe’s manufacturing sector is already shrinking and the US may follow suit. Demand forecasts have been lowered. The International Lead and Zinc Study Group (ILZSG) now expects global … Read more

Putin summons Erdogan and plans to pump more Russian gas through Turkey

Putin presents the Turkish President with a new plan for the “gas axis” Moscow seeks new corridor after damage to Baltic pipelines Erdogan is seen as a major diplomatic player in the Russo-Ukrainian war ASTANA (Reuters) – Russian President Vladimir Putin suggested to his Turkish counterpart Recep Tayyip Erdogan on Thursday that Moscow could export … Read more

Storm Fiona wreaks havoc on Canada’s east coast, wreaking ‘terrifying’ devastation

STEPHENVILLE, Newfoundland, Sept. 24 (Reuters) – Powerful storm Fiona swept through eastern Canada on Saturday with hurricane-force winds, forcing evacuations, knocking down trees and power lines, turning many homes on the coast into “just a pile of rubble in the area.” Ocean.” The US National Hurricane Center (NHC) said the storm’s center, which has been … Read more