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Protect the sunshine ☀️ — Russia could default on its debt. A Vancouver-based miner won’t sell a mine to a Russian state-owned company. And we might be nearing the end of daylight savings time.
Description
Russia failed to pay its dollar bonds yesterday, kicking off a process that will see the country default on its debt if it doesn't make the payments within 30 days. Vancouver-based miner Alpha Lithium is suspending a deal to sell a stake in its lithium mine to a company owned by Russia’s state nuclear energy corporation, per The Logic. The U.S. Senate unanimously voted to pass the Sunshine Protection Act, a bill that would make daylight time permanent. If approved by the House of Representatives, it could motivate Canada to do the same.
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The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.