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08.03.26 - 00:39
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Venezuela′s Gas Potential Could Overshadow Its Famous Oil Reserves (ZeroHedge)
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Venezuela's Gas Potential Could Overshadow Its Famous Oil Reserves
Authored by Felicity Bradstock via OilPrice.com,
While attention is often on Venezuela's vast oil reserves, many experts believe that exploiting its natural gas fields, which were previously neglected, presents a more immediate opportunity for economic success.
Developing Venezuela's gas industry will likely require an energy partnership with neighboring Trinidad and Tobago, as the island nation possesses the necessary infrastructure for processing and exporting the fuel that Venezuela lacks.
Major international companies like Shell and BP are pursuing key Venezuelan gas projects, such as the Dragon and Cocuina fields, a move facilitated by greater leniency on U.S. sanctions.
Following the United States intervention in Venezuela on 3rd January, which brought an end to President Nicolás Maduro's 13-year dictatorship, all eyes have been on the South American country's oil industry. Once one of the world's b...
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07.03.26 - 23:12
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GLP-1 Feud Ends: NOVO, HIMS Join Forces (Again) To Sell Obesity Drugs (ZeroHedge)
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GLP-1 Feud Ends: NOVO, HIMS Join Forces (Again) To Sell Obesity Drugs
The epic, months-long GLP-1 feud between Novo Nordisk and telehealth firm Hims & Hers Health appears to be coming to a surprising end, with both companies reportedly set to announce, as soon as Monday, a new partnership that would allow the Danish drugmaker to sell Wegovy through HIMS' platform.
Bloomberg published the report late Friday, stating:
Novo Nordisk A/S plans to sell its weight-loss drugs on Hims & Hers Health Inc.'s platform, according to a person familiar with the matter...
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Novo and Hims plan to announce a new partnership as soon as Monday, according to the person, who spoke on the condition of anonymity. The two companies had a similar agreement last year, but Novo abruptly scrapped it after Hims refused to stop marketing and selling copycat medications.
The move is very surprising because NOVO sued HIMS just last month over a copycat Wegovy pill and patent infringement tied to Ozempic and Wegovy. Even th...
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07.03.26 - 21:48
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Stablecoins And The Rebasement Of The Dollar (ZeroHedge)
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Stablecoins And The Rebasement Of The Dollar
Authored by Lance Roberts via RealInvestmentAdvice.com,
The “fiat is dying” argument has become a catchphrase narrative among digital asset bulls, gold bugs, and cryptocurrency advocates. That narrative's core is that central banks have printed vast amounts of money. The “money printing” has led to currency debasement and rendered the U.S. dollar obsolete. We discussed this “debasement” narrative previously.
The narrative is seductive: inflation is out of control, the government is printing money, and the dollar is on its last legs. But while there are real risks to watch, most headlines sell fear rather than fact. It's striking, and those selling gold, silver, or other doomsday assets often use it to scare individuals into taking action. One of their favorite charts used to make the “debasement” case is the classic graph showing that the U.S. dollar has lost 90% of its purchasing power since 1966.”
But here's the thin...
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07.03.26 - 20:48
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Borussia Dortmund siegt in Köln 2:1 (DPA-AFX)
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KÖLN (dpa-AFX) - Fußball-Bundesligist Borussia Dortmund (BVB (Borussia Dortmund)) hat mit einem Pflichtsieg gegen den 1. FC Köln Tabellenrang zwei gefestigt und damit den Druck auf FC-Coach Lukas Kwasniok weiter erhöht. ......
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