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24d06/23

Russia considers fuel imports amid Ukraine’s strikes on refineries: newspaper

Russia is considering fuel imports ‌and corresponding subsidies to cap prices as ways to mitigate supply disruptions of petrol and diesel caused by Ukrainian strikes on oil refineries, Vedomosti daily reported on Tuesday, citing two unnamed sources. Numerous regions across Russia, the world’s third-largest crude oil producer, have reported restrictions on fuel sales, rising prices of oil products ⁠and long queues at filling stations due to supply shortages. Apart from supplying crude oil...

unclassifiedchina · asia · europe
24d06/23

What fuels global trade imbalances: China’s overcapacity or America’s failure to adapt?

China’s industrial overcapacity should not be singled out for blame amid trade imbalances, as economies worldwide are struggling to adapt to shifts in the global economy, contributing to mounting pressures, a prominent Chinese scholar said in comments directed at the United States. “The reason why our imbalance is becoming a bigger problem is that the rest of the world is having a bigger problem in adjusting the economic structure,” said Huang Yiping, dean of Peking University’s National School.

unclassifiedchina · asia · usa
24d06/23war-conflict · 3/5

U.S. and Iran Signal Progress Toward Peace Deal

Iran and the United States cited progress in talks toward reaching a final peace deal, though comments from both sides highlighted the fragile state of negotiations. Hours after US Vice President JD Vance left Switzerland on June 22 after a round of talks over the weekend that he said made "good progress," President Donald Trump issued a warning to Tehran that "I will do what I have to do" if it does not stick to its agreement with Washington. "If Iran ‌doesn't live up to their agreement, or if

unclassifiedmiddle-east · russia · usa
24d06/23

Ex-Chinese official’s son remanded in Hong Kong over HK$64m money laundering case

The son of a former mainland Chinese official has been remanded in custody in Hong Kong pending sentence for laundering more than HK$64 million, including a 4 million yuan bribe his father allegedly sought from a merchant a decade ago. Xiao Rui, 37, will also be penalised for using bogus bank records to deceive the Immigration Department into granting him the right of abode in Hong Kong through a cash-for-residency scheme in 2013. The District Court on Tuesday rejected Xiao’s assertion that he..

unclassifiedchina · asia
24d06/23

Angel Studios just hit 2.5M subscribers. They are going through explosive growth while the stock is still priced in for lower expectations

Ticker: ANGX I generated this chart from this website that Angel maintains: https://www.angel.com/guild/impact Having trouble pasting the chart in, see my comment below. The gist of the chart is between 3/31 and 6/17 Angel was adding about 3,500 subs per day and from 6/18 until today that number has grown to about 15,000 per day. In the last qtrly call, they guided 11% per qtr growth placing them at 3M subs by year end. About a week ago, Angel hit the boosters and they are on pace to blow past t

Socialunclassifiedsocial-signal
24d06/23

Europe’s Battery Storage Installations Set to Quadruple by 2030

further accelerate through 2030 as utility-scale projects lead growth, the SolarPower Europe association said in a new report on Tuesday. Last year, the European battery storage market saw 36 gigawatt-hours (GWh) of new installations, up by 48% from 2024, when growth had slowed. Installations rebounded strongly in 2025, and are set to continue accelerating. This year, annual installations are expected to top 50 GWh, SolarPower Europe said. The annual pace of new additions is then projected to ju

unclassifiedmiddle-east · russia · usa
24d06/23

Don’t restrict AI in sports, ensure fair access, Hong Kong lawmaker urges

Hong Kong’s lawmaker for the sports sector has urged authorities to focus on ensuring fair access to AI rather than attempting to restrict its use, arguing that the technology has increasingly reshaped athlete development and competitions. Speaking at a World Economic Forum panel in mainland China’s Dalian on Tuesday, Kenneth Fok Kai-kong said that artificial intelligence (AI) was transforming sports in ways that differed from past technological advances. Such changes had made it difficult to...

unclassifiedchina · asia · usa
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