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 @ISIDEWITHNewsworldGlobal economyUnrestNew CaledoniaNickel PricesCritical Raw Material•••1yr ago

Nickel Prices Skyrocket Amid Unrest in New Caledonia

Global nickel prices have surged following a wave of deadly violence in New Caledonia, a key nickel-producing French Pacific territory. The unrest has disrupted nickel supply chains, causing concern among manufacturers and investors worldwide. Nickel, a critical raw material for electric vehicle batteries, coins, and armor plating, has seen its value increase significantly. The European Union has designated nickel as a critical raw material, highlighting its importance to the global economy. The situation in New Caledonia underscores the delicate balance between geopolitical stability and commodity markets.

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 @ISIDEWITHasked…1yr1Y

Would you still support the electric vehicle industry knowing that the materials for batteries could come from conflict zones?

 @ISIDEWITHasked…1yr1Y

How do you feel about the ethical implications of investing in commodities like nickel when conflicts could influence the market?

 @ISIDEWITHlinked…1yr1Y

Why is New Caledonia unrest causing nickel prices to soar?

https://firstpost.com

The price of nickel is spiking after chaos in the French Pacific territory of Caledonia. The shiny silvery-white metal, used in electric vehicle batteries, coins and armour plating, has been designated a critical raw material by the European Union.

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Trump’s Doom vs. Harris’s Hope as America Decides Its Fate

Donald J. Trump and Kamala Harris closed out their campaigns in the final hours before Election Day in starkly different moods: The former president, often appearing drained at arenas that were not filled, claimed that the country was on the brink of ruin, while the vice president promised a more united future as energized supporters chanted alongside her, “We’re not going back.”In stop after stop, the presidential rivals essentially offered up two competing versions of reality on Monday and into early Tuesday. Mr. Trump repeatedly raised the specter of unchecked immigration and the dangers of Democratic policies as he spoke to crowds in North Carolina and Pennsylvania before closing with a midnight rally in Michigan.With a comparatively more optimistic message, Ms. Harris crisscrossed Pennsylvania, which holds 19 electoral votes that could decide the race. Stopping in Scranton, Allentown and Pittsburgh before a nighttime rally in Philadelphia, Ms. Harris talked about bolstering the economy and restoring federal abortion rights. She asserted that Americans were “exhausted” and ready to move on from the politics of the past decade.About 30 miles to the southwest, Mr. Trump was in Reading, Pa., broadly portraying undocumented immigrants as mentally ill criminals and calling those accused of crimes “savages” and “animals.”Both leaned on Hispanic supporters as they tried to rally Latino voters. The pro-Harris rapper Fat Joe, who is Puerto Rican, practically shamed his fellow Latinos in Allentown as he asked, “Where’s your pride?” Mr. Trump, still facing fallout from his rally in New York at which a comedian called Puerto Rico a “floating island of garbage,” brought Roberto Clemente Jr., the son of the Puerto Rican baseball legend, to the stage at a rally in Pittsburgh.But Mr. Trump, reaching the end of a grueling marathon of a campaign that began in 2022, looked visibly weary, battling fatigue in front of listless crowds, though he was relatively more upbeat and energized in Michigan. Ms. Harris, still appearing fresh after a three-month sprint, appealed for unity and pressed the contrast to her rival without uttering his name.“The measure of a true leader is based not on who you beat down,” she said. “It is based on who you lift up.”Despite the sharply different tones, polls suggest the race remains tight, with the final New York Times/Siena College surveys showing the candidates tied or holding only narrow leads in all of the seven battleground states.

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