Breaking News, Business, Financial and Economic News, World News from EconoTimes

Become a contributor

Bookmark Econotimes

Fri, Mar 27, 2026 05:58 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Amy Myers Jaffe

Executive Director for Energy and Sustainability, University of California, Davis

Amy Myers Jaffe is a leading expert on global energy policy, geopolitical risk, and energy and sustainability. Jaffe serves as executive director for Energy and Sustainability at University of California, Davis and Senior Advisor on energy and sustainability at the Office of the Chief Investment Officer, University of California Regents. She is also a global fellow at the Woodrow Wilson International Center for Scholars. Prior to joining UC Davis, Jaffe served as founding director of the Energy Forum at Rice University's James A. Baker III Institute for Public Policy. Jaffe is widely published, including as co-author of “Oil, Dollars, Debt and Crises: The Global Curse of Black Gold” with Mahmoud El-Gamal and co-editor of “Natural Gas and Geopolitics From 1970 to 2040.” She currently serves as a member of the US National Petroleum Council and was chair of the Global Agenda Council on the Future of Oil and Gas with the World Economic Forum (Davos) from 2013-2016. Jaffe was awarded the Senior Fellow award from the US Association for Energy Economics in 2015 for her career contributions to the organization and to the field of energy economics.

Global Geopolitics Series

Can the US find enough natural gas sources to neutralize Russia's energy leverage over Europe?

Feb 02, 2022 09:09 am UTC| Insights & Views

The prospect of conflict between Russia and NATO countries over Ukraine has raised fears of an energy crisis in Europe. Russia provides nearly half of Europes natural gas, and some leaders worry that Moscow could tighten...

Electric Vehicle Series

How electric vehicles could take a bite out of the oil market

Jul 27, 2017 10:13 am UTC| Insights & Views Economy

When will cars powered by gas-guzzling internal combustion engines become obsolete? Not as soon as it seems, even with the latest automotive news out of Europe. First, Volvo announced it would begin to phase out the...

Climate Change Series

Are fossil fuel companies telling investors enough about the risks of climate change?

Feb 16, 2017 06:28 am UTC| Insights & Views Law

Prior to President Donald Trump taking office, there was a push to require oil and gas companies to inform their investors about the risks of climate change. As governments step up efforts to regulate carbon emissions, the...

Oil in Global Economy Series

As Trump mulls another 'reset' with Russia, he should consider perils of Big Oil diplomacy

Jan 28, 2017 07:39 am UTC| Insights & Views

Energy has long been used as a tool of U.S. foreign policy, particularly in the Middle East. But its true in other regions and countries as well, most notably Russia, where President Donald Trump is pondering another...

Economy

India Slashes Fuel Taxes: A Ten-Rupee Relief Amid Global Energy Turmoil

Effective March 26, 2026, the Indian government made a decisive fiscal action by significantly lowering the Special Additional Excise Duty (SAED) on motor fuels. This change in policy lowers the tax on gasoline from INR 13...

France's 2025 Budget Deficit Shrinks More Than Expected, Easing Fiscal Pressure

France made stronger-than-expected progress on its public finances in 2025, with the national budget deficit falling to 5.1% of GDP a notable improvement from 5.8% recorded in 2024 and well ahead of the governments own...

Oil Prices Slip as Trump Extends Iran Ceasefire Deadline Amid Ongoing War Fears

Global oil prices were on course for a weekly loss on Friday after U.S. President Donald Trump granted Iran a 10-day extension before threatening to strike its energy infrastructure, offering markets a brief reprieve ...

Asian Stocks Rebound as Trump Delays Iran Strike Deadline

Asian equity markets staged a partial recovery on Friday after U.S. President Donald Trump postponed a planned military strike on Iranian energy infrastructure, extending the deadline by over ten days while signaling...

Google's TurboQuant Sends South Korean Chip Stocks Tumbling Amid AI Memory Demand Fears

South Korean equities took a sharp hit Friday as mounting concerns over reduced artificial intelligence memory demand dragged the KOSPI index to its lowest point in more than two weeks. The benchmark fell nearly 3% to...

Politics

Lavrov Claims U.S. Seeks Control Over Damaged Nord Stream Pipelines

Russian Foreign Minister Sergei Lavrov has accused the United States of pursuing dominance over the Nord Stream gas pipelines in the Baltic Sea, which were severely damaged by underwater explosions in September 2022. The...

Chinese Universities with PLA Ties Found Purchasing Restricted U.S. AI Chips Through Super Micro Servers

Procurement records reveal that four Chinese universities, two of which have direct ties to the Peoples Liberation Army, acquired Super Micro Computer servers loaded with restricted Nvidia AI chips over the past year. The...

U.S. Praises Kurdistan's Role in Oil Markets Amid Iran War Fallout

U.S. Secretary of State Marco Rubio held a significant diplomatic call Thursday with Kurdistan Regional Government Prime Minister Masrour Barzani, signaling Washingtons commitment to regional energy stability as conflict...

Russia Accused of Helping Iran Target U.S. Forces, European Powers Tell G7

European nations have formally accused Russia of providing military intelligence and drone technology to Iran to help target American forces in the Middle East, raising the issue directly with U.S. Secretary of State Marco...

Trump Signs Executive Order to Pay TSA Workers Amid Airport Security Crisis

President Donald Trump announced Thursday that he will sign an executive order directing Homeland Security Secretary Markwayne Mullin to ensure Transportation Security Administration (TSA) employees receive their pay,...

Science

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Technology

Federal Judge Blocks Pentagon's Blacklisting of AI Company Anthropic

A federal judge has temporarily prevented the Pentagon from enforcing its designation of Anthropic as a national security supply-chain risk, dealing an early blow to the Trump administration in a growing dispute over...

SMIC Allegedly Supplies Chipmaking Tools to Iran's Military, U.S. Officials Warn

Chinas top semiconductor manufacturer, SMIC (Semiconductor Manufacturing International Corporation), has reportedly been transferring chipmaking equipment to Irans military industrial complex, according to two senior Trump...

Google's TurboQuant Algorithm Sends Memory Chip Stocks Tumbling

Major memory chipmakers took a significant hit on Thursday after Google researchers introduced a groundbreaking compression algorithm that threatens to reduce artificial intelligence demand for memory chips. Samsung...

Reflection AI Eyes $25 Billion Valuation in Massive $2.5 Billion Funding Round

Nvidia-backed artificial intelligence startup Reflection AI is in advanced discussions to secure $2.5 billion in fresh funding, with negotiations pointing to a staggering pre-money valuation of $25 billion, according to a...

Nanya Technology Shares Surge 10% After $2.5 Billion Private Placement from Sandisk and Cisco

Shares of Taiwan-based memory chip manufacturer Nanya Technology soared to their daily limit of 10% on Thursday morning following the companys announcement of a major $2.5 billion private placement deal backed by prominent...