⛏ Corporate Bankruptcies on Pace for 15-Year High

EU plans minerals stockpile centre to stop US snapping up supplies
The EU plans to create a central body to co-ordinate the purchasing and stockpiling of critical minerals to stop the US buying up global supplies from “under our noses”, the bloc’s industry chief has said. Stéphane Séjourné, the EU’s executive vice-president for industrial strategy, told the Financial Times that the EU had become “collateral damage” in a spat between the US and China over access to rare earth minerals, which are crucial for defense and clean technologies. Read on »

Corporate Bankruptcies on Pace for 15-Year High
As the Debt Black Hole continues to impact the economy, corporate bankruptcies are on pace to hit the highest level in 15 years. According to the latest data by S&P Global, 655 U.S. corporations had filed for bankruptcy through October. That compares to 687 for the entirety of 2024. The last time we saw corporate bankruptcies at this level was in 2010, the height of the Great Recession. Read on »

Breaking-Up Barrick Could Start Wider Gold Sector Consolidation
The sky-high gold price has lifted all miners of the metal, but some investors believe there’s more value to be gained through corporate action, which is why Barrick Mining is outperforming its peers as pressure grows for a value-creating breakup. Read on »