International Market Analysis

 

Category Archives: United States

AI Is Pushing the World Toward an Energy Crisis

The dramatic resignation of Ilya Sutskever, the chief scientist of OpenAI, which is behind artificial intelligence and large language models like OpenAI’s ChatGPT, has reinvigorated public debates on the future of AI and its exorbitant costs. Beyond the many acknowledged concerns, such as AI safety or the future of work and creativity, there is a trade-off

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Texas’ Avoidable Blackout

The isolation of the Texas power grid has become a symbol of the state’s independent streak and resistance to federal oversight in recent years. The massive outages during Winter Storm Uri in 2021 were a wake-up call to the vulnerabilities of Texas’ system. However, crises in Summer 2022 and Winter 2023 were still severe. Now it seems Texas now confronts another

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New Quills Needed for Taiwan’s ‘Porcupine’ Strategy Against China | Opinion

By Ariel Cohen and Wesley Hill Avril Hines, director of national intelligence, disclosed Thursday in Congressional testimony that Russia and China are training together for a future invasion of Taiwan. The “unlimited friendship” proclaimed by presidents Xi Jinping and Vladimir Putin in Beijing in February 2022, just before the Russian invasion of Ukraine, moved closer

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Joe Biden’s LNG Policy Fiasco

Congressional hearings scheduled for February 6 and 8 expose the Biden administration’s massive energy policy blunder. This misstep will impede American energy production, undermine economic growth, endanger the hard-earned U.S. status as the world’s largest liquefied natural gas (LNG) exporter, and threaten Washington’s strategic credibility among friends and foes. The hearings are set to unite

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Elon Musk’s Hail Mary In China

Tesla was once the undisputed global leader in electric vehicles. In the earlier part of this decade, Tesla’s Tesla0.0% stock was a certain winner, reaching an all-time high on November 4, 2021. Those days are now distant as the company grapples with mounting competition from international and Chinese rivals, with companies such as BYD dominating

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LNG Is Harm Reduction For Energy

Harm reduction is a helpful policy concept from the narcotics field that can be applied to energy and climate change. It recognizes that drug abuse occurs and seeks to minimize the negative consequences that drug use can bring, ideally improving (or saving) both the life of the user and of society. For example, making naloxone

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New U.S. Solar Panel Tariff Intensifies Sino-American Green Tech War

The Sino-American trade war may be old news, but now a new battlefield is front and center: green tech. During her controversial visit to China, Secretary Janet Yellen made waves by criticizing China’s excess industrial capacity. Secretary Yellen warned the Chinese that retaliatory tariffs would be levied if this wasn’t addressed while simultaneously making the

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STEM Education Reform Needed To Compete With China

While the Biden administration’s ongoing quest to forgive student loans has repeatedly captured headlines, a far more significant initiative, Advance Educational Equity, infused in the language of racial and economic equity, fails to address a significant American weakness: the development of Science, Technology, Engineering, and Mathematics, the fields that form the drive our modern world.

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American Deterrence Is Failing In The South China Sea

One of Beijing’s enduring hobbies is accusing Washington of violating or abusing international law. This selective outrage is justifiably ignored, given China’s unwillingness to abide by international law and disregard for U.N. arbitration concerning demarcation in the South China Sea. “International law with Chinese characteristics” was easily mocked and ignored when American deterrence and international

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