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Annuar: Do not hoard cooking oil

August 7, 2022 by www.theedgemarkets.com

Tan Sri Annuar Musa (Photo by Zahid Izzani Mohd Said/The Edge) - A + A SERDANG (Aug 7): Those directly involved in the ecosystem for production and sale of palm-based cooking oil should avoid hoarding or rationing the commodity following the setting of its maximum price at RM34.70 per five-kilogramme bottle effective from Monday (Aug 8), said Tan Sri Annuar Musa. The Chairman of the Special Task Force on Jihad Against Inflation said if traders and retailers resort to such practices, they will ultimately lose out, apart from creating problems for consumers. "Just because the price of oil will drop, for example, people should not start hoarding. It won't solve the problem," he told reporters after visiting the Agriculture, Horticulture and Agrotourism Exhibition 2022 (MAHA 2022) at the Malaysia Agro Exposition Park Serdang on Sunday. He said this when asked about the possibility of irresponsible parties hoarding cooking oil when its price is low, a practice … [Read more...] about Annuar: Do not hoard cooking oil

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Mustapa: Kelantan’s Bukit Merbau Sports Complex to have 20,000-spectator capacity

August 7, 2022 by www.theedgemarkets.com

Datuk Seri Mustapa Mohamed (Photo by Kenny Yap) - A + A PASIR PUTEH (Aug 7): The Bukit Merbau Sports Complex will be among the venues for Sukan Malaysia 2026 in Kelantan, with the main stadium having a 20,000-spectator capacity and complete with a football field as well as track for athletics. Minister in the Prime Minister's Department (Economy) Datuk Seri Mustapa Mohamed said the complex will also have an indoor arena with multipurpose courts that can accommodate 1,000 spectators. He said there will also be a hockey stadium with two fields and pavilions with 500-spectator capacity. "Among its other components is a squash centre with a 100-spectator capacity and eight courts as well as a mobile one and two covered lawn-bowling grounds with a capacity of 200 spectators. "This complex will also have a shooting range with a 100-spectator capacity, comprising an indoor range with 30 lanes of 30 metres each and an outdoor range with 15 lanes [of 25- and 50-metre … [Read more...] about Mustapa: Kelantan’s Bukit Merbau Sports Complex to have 20,000-spectator capacity

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Oil falls on demand worries, stronger US dollar

August 3, 2022 by www.moneycontrol.com

Oil prices fell about 1% in early trade on Wednesday, reversing gains from the previous session ahead of a meeting OPEC+ producers on fears of a slowdown in global growth hitting fuel demand and a firmer dollar. Brent crude futures fell 94 cents, or 0.9%, to $99.60 a barrel at 0020 GMT, wiping out the previous session's gain. West Texas Intermediate (WTI) crude futures were down 68 cents, or 0.7%, at $93.74 a barrel, after climbing 53 cents on Tuesday. The Organization of the Petroleum Exporting Countries and allies including Russia, together known as OPEC+, meet on Wednesday. OPEC+ sources told Reuters last week that the group will likely keep output unchanged in September, or raise it slightly. Analysts are expecting no change due to a weak outlook for demand as recession fears grow, and said top producer Saudi Arabia may be reluctant to beef up output at the expense of OPEC+ partner Russia, hit by sanctions due to the Ukraine conflict. Close Ahead of the … [Read more...] about Oil falls on demand worries, stronger US dollar

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Crude oil heads for 10% weekly collapse as slowdown hits demand

August 5, 2022 by www.moneycontrol.com

Oil headed for a punishing weekly loss on increasing evidence that a global economic slowdown is spurring demand destruction, with prices collapsing to the lowest level in six months. West Texas Intermediate steadied below $89 a barrel in Asia, with the US benchmark down more than 10% this week. Official data showed US gasoline consumption has softened while crude stockpiles rose. The slump came even as Saudi Arabia has boosted prices, and OPEC+ warned of scant spare capacity. After surging in the first five months of the year crude’s rally has been thrown into reverse, with losses deepening this month after falls in June and July. The sell-off, which has wiped out gains triggered by Russia’s invasion of Ukraine, will ease the inflationary pressures coursing through the global economy that have spurred central banks including the Federal Reserve to hike rates. “The market is still struggling on the back of a deteriorating demand picture in the US, with pressure on its … [Read more...] about Crude oil heads for 10% weekly collapse as slowdown hits demand

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Editor Daily Rundown: Pelosi’s Jan 6 Primetime Spectacular Kicks Off This Week

June 6, 2022 by dailycaller.com

PELOSI’S JAN 6 PRIMETIME SPECTACULAR BEGINS THIS WEEK… FORMER ABC NEWS PRESIDENT JOINS CAMPAIGN… AXIOS : Scoop: Jan. 6 committee’s secret adviser The House’s Jan. 6 committee has turned to a renowned former network news executive to hone a mountain of explosive material into a captivating multimedia presentation for a prime-time hearing Thursday. James Goldston — former president of ABC News, and a master documentary storyteller who ran “Good Morning America” and “Nightline” — has joined the committee as an unannounced adviser, Axios has learned. […] I’m told Goldston is busily producing Thursday’s 8 p.m. ET hearing as if it were a blockbuster investigative special. MORE … NETWORKS PLAN TO INTERRUPT PROGRAMMING TO TAKE IT LIVE… At least two of the broadcast networks will interrupt evening programming for live coverage anchored by ABC’s David Muir and CBS’ Norah O’Donnell. NBC will announce plans soon. MORE… DEM CONGRESSMAN WANTS JAN 6 COMMITTEE TO PUSH … [Read more...] about Editor Daily Rundown: Pelosi’s Jan 6 Primetime Spectacular Kicks Off This Week

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Ukraine Accuses Russia Of ‘Nuclear Terror’ Amid Fighting Near Europe’s Largest Nuclear Plant

August 7, 2022 by www.forbes.com

Share to Twitter Share to Linkedin Topline Ukraine is calling for a stronger response from the international community after accusing Russia of once again shelling Europe’s largest nuclear power plant—the Zaporizhzhia plant in southern Ukraine—just after the International Atomic Energy Agency warned more fighting near the site could run “the very real risk of a nuclear disaster.” Key Facts Ukraine’s state nuclear power authority said Russia fired rockets at the Zaporizhzhia nuclear plant and the nearby town of Enerhodar on Saturday night, as Russian forces appeared to strike near the site’s dry storage facility where casks of spent nuclear fuel are kept. Three of the site’s radiation monitoring detectors were damaged in the attacks, which would make detecting and responding to any radiation leakage from the plant’s spent fuel storage “ currently impossible ,” the power authority said. One power plant employee was hospitalized with … [Read more...] about Ukraine Accuses Russia Of ‘Nuclear Terror’ Amid Fighting Near Europe’s Largest Nuclear Plant

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Bill Maher Claims ‘Fat Celebration’ Is Happening In U.S., Oversimplifies Obesity Epidemic

August 6, 2022 by www.forbes.com

Share to Twitter Share to Linkedin It’s a shame what Bill Maher has been saying about the obesity epidemic. Back in 2019, Maher literally asked people to “fat shame” others more on his HBO show “Real Time with Bill Maher,” as I covered for Forbes . Now, in the latest episode of his show, Maher complained that America has “gone from fat acceptance to fat celebration.” Maher claimed as well that “There’s a disturbing trend going on in America these days with rewriting science to fit ideology or just to fit what you want reality to be,” as you can see in the following tweet from Maher and the accompanying video: Just to be clear, Maher is not a scientist. During this segment, he also didn’t present any real scientific studies or have any, you know, real live scientists present. So, hmmm, was he in fact presenting actual science or was he rather rewriting science to fit his ideology or just to fit what he wants reality to be? Well, let’s take a look at … [Read more...] about Bill Maher Claims ‘Fat Celebration’ Is Happening In U.S., Oversimplifies Obesity Epidemic

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U.S. Prescription Drug Pricing Doesn’t Favor The Patient: Case Of Sub-Optimal Market For Cancer Pharmaceuticals

August 3, 2022 by www.forbes.com

Share to Twitter Share to Linkedin The high costs of cancer drugs impact patients negatively. In fact, the out-of-pocket cost burden can be “ financially toxic ” to patients, causing personal bankruptcy or simply take a substantial bite out of people’s discretionary income. Should the Inflation Reduction Act pass later this month, the imposition of a $2,000 cap on Medicare beneficiary out-of-pocket spending on outpatient drugs would address the issue of financial toxicity to some degree, at least for one segment (Medicare) of the market. Currently, 1.5 million medicare beneficiaries pay more than $2,000 out-of-pocket for prescription drugs, while 1.3 million spend more than $7,000. Many of these Medicare beneficiaries are cancer patients. High patient out-of-pocket costs aren’t just a reflection of a poorly designed Medicare prescription drug benefit. More generally, they also reflect a market for cancer drugs which doesn’t function optimally. … [Read more...] about U.S. Prescription Drug Pricing Doesn’t Favor The Patient: Case Of Sub-Optimal Market For Cancer Pharmaceuticals

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Even Mild Covid-19 May Cause Lasting Brain Fog (Part 3)

August 5, 2022 by www.forbes.com

Share to Twitter Share to Linkedin This is the fourth article in a series focusing on cognitive dysfunction and inflammation. The first part can be read here , the second can be read here , and the third, here . For additional writings on inflammation and Covid-19, please see my website: www. williamhaseltine.com In previous installments of this series, we looked at new research that suggests even mild SARS-CoV-2 infection can impair cognitive function. The first step in this chain of events happens when the virus sets off an intense inflammatory response that eventually reaches the brain. Once there, inflammation triggers reactivity of microglial cells —the resident immune cells of the central nervous system— which produce yet more inflammation and interfere with the normal functioning of important cells, including oligodendrocytes and neural precursor cells (Figure 1). But given that all of this happens off the back of … [Read more...] about Even Mild Covid-19 May Cause Lasting Brain Fog (Part 3)

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Implications Of Monkeypox Being Declared A Public Health Emergency In U.S.

August 6, 2022 by www.forbes.com

Share to Twitter Share to Linkedin On August 4th, the Biden Administration declared monkeypox a public health emergency. The announcement comes on the heels of the World Health Organization declaring monkeypox a public health emergency of international concern in July. This implies monkeypox poses a global public health risk through international spread, which requires a coordinated international response. In the U.S., prior to the Biden Administration’s declaration, a number of municipalities and even several states - California, Illinois, and New York - had declared monkeypox a public health emergency. More than 27,600 monkeypox cases have been reported across 87 countries. With approximately 8,300 confirmed cases, the U.S. comprises 30% of confirmed infections worldwide. Furthermore, test positivity is very high in the U.S., which reflects undertesting. A Public Health Declaration allows the Secretary of Health and Human Services (HHS) to take … [Read more...] about Implications Of Monkeypox Being Declared A Public Health Emergency In U.S.

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