Russia moves paratroopers into Kazakhstan to quell uprising Libyan oil output down to 729,000 bpd, NOC says Market shrugs off U.S. fuel stock surge, OPEC+ output hike NEW YORK, Jan 6 (Reuters) – Oil prices rose about 2% on Thursday, extending their new year’s rally, on escalating unrest in OPEC+ oil producer Kazakhstan and supply …
Continue reading “Oil extends rally on Kazakhstan unrest and Libyan outages”
BERLIN, Jan 6 (Reuters) – German towns have appealed to authorities for less “flying by the seat of your pants” and more “forward-thinking planning,” as the country looks likely to miss its vaccination target for January. Local leaders have described the vaccine rollout as chaotic, complaining of a lack of communication about when and how …
Continue reading “Frustrated German towns urge leaders to plan for fourth COVID dose”
The North Korean state news agency on Thursday said a missile fired into the sea off the east of the Korean Peninsula was a hypersonic weapon. It’s Pyongyang’s second reported test of a hypersonic gliding missile to date — after one it claimed in September — and is the first missile launch from North Korea …
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The United States Federal Reserve’s condition on reaching maximum employment before raising interest rates “could be met relatively soon” if the labor market continues to improve “at the recent pace,” most policymakers present at the December 2021 meeting of the Federal Open Market Committee (FOMC) and the Board of Governors had stated, according to the …
Continue reading “Conditions for rate hike may be met soon – FOMC minutes”
French Health Minister Olivier Veran confirmed on Wednesday the country registered a new record of about 335,000 new COVID-19 cases over the last 24 hours. The update comes as the government is about to hold a meeting on the health situation in France and discuss potential new restrictions to curb the worst outbreak to date. …
The World Health Organization said a coronavirus variant found in France hasn’t become much of a threat since it was first identified in November. The variant “has been on our radar,” Abdi Mahamud, a WHO incident manager on Covid, said at a press briefing in Geneva on Tuesday. “That virus had a lot of chances …
(Bloomberg) — Oil was steady after OPEC and its allies agreed to a scheduled increase in production for next month, and an industry report pointed to another decline in U.S. crude inventories. Futures in London traded near $80 a barrel. OPEC+ on Tuesday stuck to its plan to add 400,000 barrels a day for February …
Continue reading “Brent Oil Near $80 as OPEC+ Adds More Crude to Tightening Market”
Mercedes-Benz has warned owners of some of its cars there’s a risk they could catch fire. And the firm can’t do anything about it because it can’t get the parts needed for a fix. The company says the problem concerns a possible leakage in the vehicles’ coolant pumps. It says there’s no point doing a …
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https://youtu.be/KnRpDytQv0k The Islamic Republic is seeking to improve its missile and drone capability to tap into the latest technology from Russia and China and learn how to get around the latest air-defense systems, according to Iranian military analysts who were cited in a long article published by Iran’s Tasnim News Agency. The interesting article was …
Continue reading “Iran believes that maneuvering missiles, drones will evade air defense”
North Korea has fired a suspected ballistic missile off its east coast in what would be the first of the New Year, with reports of an “unidentified projectile” being launched. Japan’s Coast Guard first stated what it believed to be the firing of a ballistic missile on Wednesday by the nuclear-armed state. “Since last year, …
Continue reading “North Korea’s Ballistic Missile Launch ‘Regrettable’: Japan’s PM Kishida”