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Friday, December 9, 2022
Putin has destroyed Russia’s most important oil market – and what’s next for crude depends on him and Xi Jinping, energy expert Daniel Yergin says

Putin has destroyed Russia’s most important oil market – and what’s...

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The EU ban on seaborne Russian oil came in Monday, alongside a price cap of $60 a barrel. Putin has "destroyed his most important market for his oil" as Europe now wants no part of it, Daniel Yergin said. Crude prices in the next few weeks depend on what Russia and China's leaders decide, the…
If Twitter collapses, will Tesla be far behind?

If Twitter collapses, will Tesla be far behind?

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Whatever you might think of Twitter, it's hard to watch Elon Musk clumsily flay it alive to "save it."Twitter was far from perfect before Musk took over, but it wasn't in financial distress. Revenue growth was healthy but slowing, and management had been looking at head-count reductions to restore skinny profits while it pushed for…
Putin has destroyed Russia’s most important oil market – and what’s next for crude prices depends on him and Xi Jinping, energy expert Daniel Yergin says

Putin has destroyed Russia’s most important oil market – and what’s...

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The EU ban on seaborne Russian oil came in Monday, alongside a price cap of $60 a barrel. Putin has "destroyed his most important market for his oil" as Europe now wants no part of it, Daniel Yergin said. Crude prices in the next few weeks depend on what Russia and China's leaders decide, the…
Oil prices surge as OPEC maintains production cut targets and China’s thawing Covid-zero stance sparks hope of demand recovery

Oil prices surge as OPEC maintains production cut targets and China’s...

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Crude oil futures jumped on Monday after OPEC said its oil policy will remain unchanged from October. The group has been cutting oil output by 2 million barrels a day due to "market considerations." Prices were also boosted by hopes that China's eyeing an exit from its Covid-zero stance. Loading Something is loading. Thanks for…
China operates more than 100 secret ‘police stations’ in dozens of countries to monitor its citizens in exile, report says

China operates more than 100 secret ‘police stations’ in dozens of...

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China has more than 100 "police stations" globally to monitor its citizens in exile, a report said. Some of these facilities are set up with the help of the host nations, Safeguard Defenders alleged. FBI Director Christopher Wray said he's "very concerned" about Chinese "police stations" in the US.  Loading Something is loading. Thanks for…
Apple is accelerating plans to move production out of China as protests and riots intensify in response to zero-Covid policies, report says

Apple is accelerating plans to move production out of China as...

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Apple is increasing its efforts to shift production outside of China, according to the Wall Street Journal.  Production at factories like Foxconn has taken a massive hit amid riots over zero-Covid policies.  Shifting production will likely be difficult in the current global economic climate, sources told WSJ.  Loading Something is loading. Thanks for signing up!…
How Chinese netizens swamped China’s Internet controls

How Chinese netizens swamped China’s Internet controls

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Enlarge / Demonstrators cover their faces with sheets of blank paper while protesting China's zero-COVID policy in Hong Kong on November 28, 2022.Anthony Kwan / Getty Images A week ago, demonstrators took to the streets of the northwestern city of Urumqi to protest China’s strict zero-COVID policy. That night, a much bigger wave of protest crested…
China’s sophisticated censorship engine is being pushed to ‘its max’ as it struggles to keep protest videos off the internet, experts say

China’s sophisticated censorship engine is being pushed to ‘its max’ as...

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China is struggling to censor videos of protests against the country's zero-COVID policy, experts say. The country's censorship apparatus has been overwhelmed by the high volume of protest content. Some protesters are finding creative ways to circumvent China's Great Firewall, NYT reports. Loading Something is loading. Thanks for signing up! Access your favorite topics in…
US intelligence thinks China’s protests will likely fizzle out because they are disorganized and leaderless: Politico

US intelligence thinks China’s protests will likely fizzle out because they...

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US officials think the protests in China are unlikely to gain momentum, Politico reported. Politico saw government communications on how the protests have been leaderless and disorganized. There might be violent crackdowns to deter further demonstrations, per the report. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed…
Xi is showing a sign of weakness by repressing protesters, Antony Blinken says

Xi is showing a sign of weakness by repressing protesters, Antony...

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Antony Blinken says it's a "sign of weakness" for Xi Jinping to quash Chinese dissent. He said the "massive repressive action" taken by Xi's government is not a sign of strength. Blinken added that it's obvious that China has to find a way forward from its zero-COVID policies. Loading Something is loading. Thanks for signing…

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