Analysis: The G7 Russian oil price cap has evolved from revenue pressure into a market fulcrum

WASHINGTON (Reuters) – When U.S. officials first floated the idea of ​​capping Russian oil export prices in response to a planned European embargo in March, they vowed to squeeze revenue for Russia’s war machine, while avoiding a devastating oil price hike. But people familiar with the mechanism’s development and energy analysts said keeping Russian oil … Read more

Sources said that the Chinese president will visit Saudi Arabia amid strained relations with the United States

CNN – Chinese President Xi Jinping is due to arrive Kingdom Saudi Arabia Thursday on a two-day state visit amid high tensions between the United States and the two countries, according to a source familiar with the trip, an Arab diplomatic source, and two senior Arab officials. Xi’s trip to Riyadh includes a Arab China … Read more

Russia launches more missiles, claims Kyiv bombed its air bases

Kyiv, Ukraine (AP) – Moscow unleashed another massive missile barrage in Ukraine on Monday, pounding homes and buildings and killing civilians, hours after the Kremlin claimed Ukrainian drones had struck two air bases deep in Russian territory. The unprecedented attack in Russia threatened a major escalation in the nine-month-old war because it hit an airstrip … Read more

Josh Geddy and Dyson Daniels play each other, NBA Global Academy, Oklahoma City Thunder vs New Orleans Pelicans

Back when Josh Geddy and Dyson Daniels were drafted into the NBA, an excited group of aspiring basketball players watched as Commissioner Adam Silver called out their Australian names. They were watching from the other side of the world, back in Canberra at the NBA World Academy, which Geddy and Daniels attended on their journey … Read more

Europe’s mental health crisis in the data: which country uses the most antidepressants?

Global consumption of antidepressant (AD) drugs has increased dramatically in the past two decades, with Europeans being the largest consumers. Antidepressant use increased nearly two and a half times from 2000 to 2020 in 18 European countries, according to data from the Organization for Economic Co-operation and Development (OECD). OECD data also shows a significant … Read more

Reality destroys some of the Qataris’ dreams of renting out the World Cup

The agency says the Qatari hotel group has requested new payments Some prices have been lowered, but many properties are empty The broker says some landlords have sought unrealistic rents DOHA (Reuters) – Qatar has found itself with an unexpected glut of rooms in the packed World Cup group stage, with online portals listing rooms … Read more

Hong Kong finds Cardinal Joseph Zen guilty over pro-democracy protest fund

Hong Kong CNN – A 90-year-old former bishop and outspoken critic of China’s ruling Communist Party was convicted on Friday of charges related to his role in a relief fund. Hong Kong pro-democracy protests in 2019. Cardinal Joseph Zinn and five others, including Cantopop singer Denise Ho, disobeyed the associations’ ordinance by failing to register … Read more

Boris Johnson claims that France was “in denial” before Russia invaded Ukraine

London CNN – Former British Prime Minister Boris Johnson He claimed that France was “in denial” about the prospect of a Russian invasion of Ukraine, and initially accused the German government of preferring a quick Ukrainian military defeat over a protracted conflict. On Monday, Johnson told CNN partner Portugal’s Portuguese network that the positions of … Read more

Falling home prices is coming. High unemployment could make it much worse

London CNN Business – Last year, Auckland’s largest real estate company was unable to sell properties fast enough to meet demand in New Zealand’s largest city. Homes were “flying out the door,” said Grant Sykes, a principal at the Barfoot & Thompson real estate agency. “There were chin-breaking moments when agents would stand across the … Read more

Ukraine promises to provide shelter for its people with the onset of winter

“Invincible centers” to provide heating, water and the Internet Widespread power outages due to Russia targeting the electricity grid The Group of Seven will soon announce the ceiling for Russian oil prices – an American official Kyiv (Reuters) – Ukraine has promised shelters with heat and water and encouraged its people to conserve energy as … Read more