Posts by Amelia Frost
Russian Oil Company is Managing to Keep Service Stations Open Following Trump’s Sanctions Waiver
The U.S. Treasury Department extended a sanctions waiver that allows Russian oil company Lukoil to keep its service stations open. The waiver applies to Lukoil service stations outside the Russian Federation and extends the timeline through April 24, 2027. The waiver had been scheduled to end later this month. The waiver extension comes after President…
Read MoreGen Z Is Seeking Debt Help Faster Than Any Other Generation, New Figures Show
More young Americans are seeking professional help managing their debt, with Generation Z emerging as the fastest-growing group of clients at a major nonprofit credit counseling agency as rising borrowing costs and everyday expenses put pressure on household finances. The number of Gen Z clients seeking assistance from Money Management International (MMI) increased 31% from…
Read MoreInvestors Rotated Out of the AI Trade and Geopolitical Tensions Soared. The Nasdaq Saw Its Worst Week in Months.
Stocks plunged on Friday as traders continued to rotate out of the AI trade and geopolitical tensions continued to climb. The Dow Jones Industrial Average fell 0.34%, while the S&P 500 did so 1.09%. The tech-heavy Nasdaq Composite underperformed, plummeting 2.14% and closing its worst week since June. Semiconductor companies led the decline, having been…
Read MoreAcupuncture Deserves a Better Explanation
Annalisa Brown Acupuncture has been practiced for centuries, but the way it is described in English often does more harm than good. It is presented either as ancient mysticism or as a treatment that only counts when Western science can account for every mechanism. Annalisa Brown, L.Ac., a licensed acupuncturist in New York City, argues…
Read MorePond Management Consolidates, the Hardest Asset to Buy Is Trust
The pond management industry is consolidating. Private equity is acquiring service companies, rolling them up, and bringing capital to a sector that operated for decades on sweat equity and word of mouth. The transactions are real. The question is what they actually buy. According to HTF Market Intelligence, the market is fragmented, with numerous small…
Read MorePuerto Rico’s Tax Incentive Debate Turns to Long-Term Economic Impact
Puerto Rico’s tax incentive policies are drawing renewed attention as lawmakers consider changes that could affect new resident investors, including a proposed 4% tax rate for arrivals after January 1 and an extension of the incentive period through 2055. The proposals reflect an ongoing effort to balance the island’s appeal to outside capital with public…
Read MoreClimate Risk Has No Standard, and That Costs Everyone
I have spent my career building risk systems for the world’s largest financial institutions. The work is precise. It is expensive. It is designed to protect capital, and it does that job well. What I have come to believe is that the same rigor needs to exist everywhere, not just where the money is. Climate…
Read MoreMarilyn Cohn’s Vision for a Self-Sufficient Village Could Offer a New Model for Rural Development in Africa
In rural western Kenya, a 20-acre site in Kwanza, which is 12 kilometers outside Kitale, is being developed around an ambitious question: what would community development look like if the essential ingredients of daily life were designed to support one another? Marilyn Cohn, founder of Chosen Children International (CCI), is pursuing an answer through a…
Read MoreGeopolitical Tensions Keep Rising. Oil is Now Hovering Around $110 a Barrel.
Oil prices are soaring on Friday as geopolitical tensions continue to escalate, particularly in the Middle East and between Russia and Ukraine. Brent crude, the international benchmark, gained 3.77% and clocked in at $109.91 per barrel at 2:48 p.m. ET, while West Texas Intermediate, the U.S. benchmark, climbed 0.35% and stood at $101.77 per barrel…
Read MoreAir Shows Are More Than Spectacle. They’re an Investment in Aviation’s Future
Few public events make the world of aviation as visible as an air show. For a few hours, an airfield becomes a stage for fighter jets and vintage warbirds, watched by families who would never have had a chance to enter a control tower. Beyond the spectacle, air shows can make aviation careers feel real…
Read MoreMost Registered Voters Dislike Politicians Who Support Building Data Centers Near Them, Poll Shows
Politicians promising jobs and investment through new data centers are confronting an electorate that largely dislikes leaders who support building the facilities nearby, including substantial resistance among Republican voters. According to a Pew Research Center survey released ahead of the midterms, 61% of registered voters say they dislike political leaders who support data centers in…
Read MoreScientists Have Found An Unlikely Alternative To Gasoline. It Could Cost About $2.75 A Gallon.
Scientists have identified an unlikely source of transportation fuel that could cost as little as $2.75 a gallon to produce at commercial scale, potentially offering an alternative to petroleum-based gasoline and diesel while generating substantially lower greenhouse gas emissions. The source is bamboo, a fast-growing grass more commonly associated with furniture, construction and household products.…
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