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

Relief and anxiety as major Chinese cities ease COVID restrictions

The easing comes after a week of historic protests The restrictions have hit the world’s second largest economy Nationwide mitigation measures expected soon – sources BEIJING, Dec. 2 (Reuters) – (This story has been corrected to change the easing start date to Friday from Saturday in paragraph 16) A further relaxation of COVID-19 testing requirements … Read more

China is preparing to ease coronavirus restrictions after a week of historic protests

Sources: China allows home quarantine, cuts mass testing A senior official says the severity of the virus is weakening The shift comes after a series of demonstrations The biggest public challenge show in a decade BEIJING (Reuters) – China is set to announce in the coming days an easing of its COVID-19 quarantine protocols and … Read more

Coronavirus protests escalated in Guangzhou as China’s lockdown anger boiled over

Riot police in hazmat suits crash into protesters The number of protests is estimated at 27-43 in 22 cities across China The largest wave of civil disobedience since 1989’s Tiananmen Covid lockdowns and protests hit China’s economy SHANGHAI/BEIJING (Reuters) – People in Guangzhou, China’s manufacturing hub, clashed with white riot police wearing hazmat protective gear … 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

“Call call” in bombing near a front-line nuclear reactor in Ukraine

The Secretary General of the International Atomic Energy Agency warns of the great dangers of fighting at the plant Russia and Ukraine blame each other for the bombing President Zelensky says the eastern region was hit by heavy artillery “The fiercest battles” are in the Donetsk region, says Zelensky Kyiv (Reuters) – Ukraine narrowly escaped … Read more

COP27 offers a breakthrough in the climate fund at the cost of advances in emissions

The COP27 climate summit ends after long negotiations at the end of the week Delivers final agreement on the creation of a landmark climate finance fund Negotiators say some have blocked tougher emissions targets SHARM EL SHEIKH, Egypt (November 20) (Reuters) – Countries wrapped up this year’s United Nations climate summit on Sunday with a … Read more

Ukraine may be able to reach the site of a missile explosion – Polish officials

Polish officials said Thursday that Ukraine may gain access to the site in the border region of southeastern Poland where two people were killed by a missile on Tuesday. Warsaw and its Western allies say evidence from the scene indicates that the explosion was caused by a Ukrainian air defense missile that strayed in pursuit … Read more

An explosion killed two people in eastern Poland as Russian missiles hit neighboring Ukraine

The United States is investigating unconfirmed reports of stray Russian missiles Russia says there are no strikes near the Ukraine-Polish border Ukraine suffers from the heaviest Russian missile barrage of the war WARSAW/Kyiv, Ukraine (Reuters) – Two people were killed in an explosion in a Polish village near the border with Ukraine on Tuesday, firefighters … Read more

Biden and Xi prepare to meet ahead of Ukraine-overwhelmed G20 summit

NUSA DUA, Indonesia (Reuters) – Chinese leader Xi Jinping arrived on the Indonesian island of Bali on Monday for a long-awaited meeting with U.S. President Joe Biden ahead of a set to be perilous summit of the Group of 20 nations. With tension due to the Russian invasion of Ukraine. The two leaders are expected … Read more