4/11 "There is no one federal agency that specifically regulates the radioactivity brought to the surface by #oil & #gas wastes." #Environment#Risks
5/11 "...the agency does not monitor oil-field workers for radiation doses.." #Energy#FrackingRisks
6/11 "The levels of radium in Louisiana #oil pipes had registered as much as 20,000 times the limits set by the EPA for topsoil at uranium-mill waste sites." #Risks
7/11 "The lack of research and specialisation has made it hard to reach a consensus on the #risks and has facilitated the spread of misinformation." #US#oil
8/11 "If we caught some ISIS terrorist cells dumping this into our waterways, they would be tried for terrorism and the use of a WMD on #US citizens. However the #Fracking industry is given a pass on all of this." #Risks
9/11 "The industry pawns off brine - offering it for free - on rural townships that use the salty solution as a winter de-icer.." #US#oil#environment#risks#cancer
10/11 #Investors in #US oil & gas companies take note: "..sending solid #oil & #gas waste like drill cuttings to a low-level radioactive-waste facility could mean as much as a 100-fold increase in cost.." #US#Risks
11/11 "There is a massive liability that has been lying silently below the surface all these years.." #US#oil#risks
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3/5 #US looking for some revenues...#tax bracket creep...An attempt at some humour; modelling potential cuts to deficit to keep debt equal to 100% of GDP...Consequences of rising #debt & some historic context...#Deficits 2020-2030...#Macro#Risk
The Tower of Basel dropped the 'Quarterly Review: International banking & financial market developments' so I loaded up on espresso & blueberries & dove in2 this trove of soothing CB lingo mixed with some Sufi wisdom & colourful illlus: bis.org/publ/qtrpdf/r_… Some takeaways 1/5
2/5 Riddle me this; "Stock markets rebound unevenly amid downgraded earnings expectations." & "Corp #credit spreads tighten despite indications of persistently high credit #risk" & "funding costs for #EM sovs drop despite weak pf inflows."
3/5 Heads up: "Firms desired leverage can be excessive if companies do not account for all financial distress costs..." "Share buybacks rose just as valuations began to rise..." & "#Credit#risk rose with leverage but it only revealed itself during market stress..."
WIPO has published their +400 page 'Global #Innovation Index 2020: Who will finance innovation report out...full of insights...here are a few key takeaways...(1/3) Bracing for a downturn & impact from the economic slowdown...
3/3 Top R&D spending by sector as share of global top R&D spenders...Top R&D spending firm by sector...Share of global #VC inv by sector...The positive relationship between #innovation & development...
@McKinsey_MGI has a report out titled; '#Risk, resilience & rebalancing in global value chains' it holds some good insights into trends in #GlobalTrade...Here are some takeaways...1/4 Large companies has global #SupplyChains w. 1000s of suppliers, disruption risks varies...
2/4 #Globalisation has been changing in the last decade, sector concentration varies between industries, poten. losses from #SupplyChain disruptions can be as high as 42% of 1 years EBITDA..Supply chain #shocks are becoming more frequent & severe...