Venezuela news update

Share to Twitter Share to Linkedin HAMBURG, GERMANY - JULY 08: U.S. President Donald Trump (L) and Canada's Prime Minister Justin ... [+] Trudeau talk ahead of panel discussion titled 'Launch Event Women's Entrepreneur Finance Initiative' on the second day of the G20 summit on July 8, 2017 in Hamburg, Germany. Leaders of the G20 group of nations are meeting for the July 7-8 summit. Topics high on the agenda for the summit include climate policy and development programs for African economies. (Photo by Matt Cardy/Getty Images) U.S. crude oil output is now closing in on 9.5 million b/d, the highest levels in two years and almost double what we were producing a decade ago. But, while our demand has basically been flat , oil is a global commodity and imports have long been ingrained in our own market, so we still import about 35-50% of the oil that we use. Imports though have been falling, yet probably not as much as some energy security advocates … [Read more...] about The Good News About High U.S. Oil Imports

Editor's note: Below you'll find the week 87 release of the NYC Recovery Index, originally published May 3, 2022. Visit the NYC Recovery index homepage for the latest data. New York City’s economic recovery index declined in the week ending April 23, 2022, falling just over a point to close at 74 out of 100, with all major components of the index recording a weekly decline. COVID-19 hospitalization rates continued to rise, along with an uptick in unemployment insurance claims. Home sales, rental vacancies, subway ridership, and restaurant reservations all declined compared to the week of April 16. On a positive note, home sales and UI claims remain fully recovered, with pending home sales still considerably above pre-pandemic levels. New York City’s economic recovery stands at a score of 74 out of 100, according to the New York City Recovery Index, a joint project between Investopedia and NY1 . Over two years into the pandemic, New York City’s economic recovery is just … [Read more...] about The New York City Recovery Index: May 2

Ukrainian partners of Azovstal's soldiers of Marioupol, Olha Andrianova, Katerina Prokopenko and Hanna Naumenko pose during a photo session on May 15, 2022 in Paris. Their menfolk are the last pocket of resistance in the Ukrainian city of Mariupol, holed up in a warren of underground tunnels and bunkers at the vast Azovstal steelworks under heavy Russian bombardment. But while their partners, all fighters in Ukraine's Azov regiment, make a last stand at Azovstal, Olha Andrianova, Hanna Naumenko and Kateryna Prokopenko are engaged in their own personal battle -- to get the West to intervene to save them. After leaving Kyiv on April 23, they stopped off at the Vatican, where they were granted a five-minute audience with Pope Francis , and also visited Poland and Germany. Now in France, the young women are determined to do whatever is necessary to help save the men's lives. "The more countries we go to, the more chances we have of finding a quick solution," said … [Read more...] about Ukrainian women ask West to save trapped Mariupol defenders

U.S. stock futures are moving higher, led by technology shares on the Nasdaq exchange, after another volatile day of trading ahead of an announcement from Federal Reserve policymakers about the future of monetary policy . Key Takeaways U.S. stock futures are moving sharply higher, led by technology shares on the Nasdaq exchange. Traders are awaiting a 2 p.m. Eastern time announcement from Federal Reserve policymakers about the future of monetary policy. Cryptocurrencies' rally continued. Oil again marched higher, and the dollar strengthened against the euro. Bond yields fell. Microsoft Corporation ( MSFT ) helped lead tech shares higher after reporting fiscal second quarter results that beat expectations while forecasting better-than-expected quarterly sales for the current quarter. Tesla, Inc. ( TSLA ), scheduled to report earnings after markets close today, is also gaining. The Dow Jones Industrial Average (DJIA) was down more than 800 points … [Read more...] about Stocks Gain as Tech Rallies and Investors Await Fed Rate Decision

Electric carmaker Tesla, Inc. ( TSLA ) may have indefinitely postponed production of its Cybertruck. The vehicle, whose prototype was unveiled in November 2019, was due for customer delivery in 2021. Last year, the company announced a delay in its production schedule to August 2022 due to the pandemic shutdown. But the Cybertruck's landing page on the Tesla website now no longer mentions the new date for start of production. The latest change in the vehicle's delivery status was first reported by auto website Edmunds. Tesla CEO Elon Musk had previously tweeted, in November, that he would provide an updated product roadmap in the company's next earnings call on Jan. 26. Key Takeaways Tesla stock fell by nearly 5% after news that its Cybertruck production date will be delayed yet again. The electric carmaker previously delayed production of the vehicle to 2022. Tesla competitors are racing ahead with their plans to release their versions of all-electric pickup trucks. … [Read more...] about Tesla (TSLA) Falls on Cybertruck Production Delays

Share to Twitter Share to Linkedin As Russia’s war in Ukraine intensifies, the Biden administration banned Russian oil and natural gas purchases. This move represents a departure from initial Western sanctions against the Kremlin, designed specifically to avoid interference in Russian energy flows – particularly to import-dependent Europe. Oil prices have skyrocketed since Ukraine was invaded on February 24, with Brent and WTI oil futures trading at around $117 and $114, respectively (down from a 13-year high of $130 earlier this week ), Biden reportedly had deliberated for days before imposing the embargo as higher gasoline prices hurt him and the Democratic party politically. Although the Biden-led initiative to sanction Russian oil sales is rather symbolic, it is still important. The US could produce all oil it needs, and what it can’t, it could import from North America. America has flirted with net-oil exporter status over the past few years … [Read more...] about The US Bans Russian Energy Imports – Symbolically

Production is officially underway on the upcoming season of “Yellowstone.” Paramount Network announced Monday that production has started on the fifth season of the hit show with Kevin Costner, according to TVLine.com . (REVIEW: ‘ Yellowstone ’ Season 4 Finale Shocks Fans With Major Death) ‘Yellowstone’ Fans Get Huge News About When Season 5 Will Start. Here’s What We Know https://t.co/fAYIy804Nq — Daily Caller (@DailyCaller) May 16, 2022 The first half of season five is expected to start at some point in the late summer, which likely means late August or early September. Cameras rolling in the middle of May certainly makes it seem like a tight timeline. However, if there’s anyone capable of getting it done, it’s Taylor Sheridan. ‘Yellowstone’ Star Drops Bombshell About The Future Of The Show https://t.co/d7DXGiGnRZ — Daily Caller (@DailyCaller) May 16, 2022 More than anything, I’m super pumped that production is finally underway. It’s … [Read more...] about Production Starts On ‘Yellowstone’ Season 5

Share to Twitter Share to Linkedin Topline North Korean leader Kim Jong Un blamed his own government officials for failing to tackle the country’s surging Covid-19 outbreak and ordered his military to step in as the number of suspected cases surged past 1.2 million in just four days since the outbreak was first reported. Key Facts According to the state-run Korean Central News Agency (KCNA), the country reported 392,920 new people with “fever” and eight new deaths linked to Covid-19 on Monday. The state media is only reporting the number of cases with fever—one of many symptoms of Covid—as North Korea is believed to lack adequate supplies to carry out large-scale testing. Since the start of the current outbreak, North Korea has reported 50 deaths linked to the virus. At a Politburo meeting of the ruling party on Sunday, Kim blamed the “irresponsible work attitude” of his government and health officials for the country’s botched … [Read more...] about Kim Jong Un Slams ‘Irresponsible’ Government And Health Officials As North Korea’s Covid Outbreak Surges

Share to Twitter Share to Linkedin Topline North Korea reported 15 new Covid-19 deaths along with hundreds of thousands of new patients with “fevers,” as the country pledges to mobilize millions of health and other workers to fight its first officially acknowledged coronavirus outbreak. Key Facts According to the state-run Korean Central News Agency (KCNA), the country reported 296,180 new infections on Sunday, pushing the country’s official case count to 820,620. The staggering surge in new cases has come after North Korea reported its first-ever Covid-19 outbreak on Thursday. Since the start of the current outbreak, North Korea has reported 42 fatalities linked to the coronavirus. The speed of the outbreak has raised concerns of a humanitarian catastrophe in the country as most of its residents are believed to be unvaccinated and its public health system is reportedly in a poor state. To help tackle the outbreak, all … [Read more...] about Covid Rips Through North Korea As 15 More Deaths And Nearly 300,000 New Cases Reported

Share to Twitter Share to Linkedin More patients than ever before are waiting for elective procedures in England, with the number in line for treatment hitting 6.36 million according to the latest figures. The data , which represents the size of the waiting list for surgeries and other planned treatments in March, is an increase of 180,000 on February's results . The overall waiting list has grown every month since May 2020, when it stood at 3.85 million. That figure isn't a perfect representation of the number of people waiting for treatments, as some patients will be counted more than once if they're on the list for multiple procedures. Planned care — which covers all manner of procedures from cataract surgery to hip replacements — continues to be hard-hit by the Covid-19 pandemic. Hospitals across the country have been forced to pause and reconfigure elective care during times of particular pressure. But despite continued growth in the … [Read more...] about England’s Hospital Waiting List Grows Again To 6.36 Million