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33d06/01⚠ war-conflict · 2/5

Is the Fed raising rates a good response to oil inflation?

The recent rise in inflation, due to iran and oil. Should the Fed step in with higher rates or should the market deal with it? Example: Fed raises rates. That will increase costs, slow economy/recession and produce layoffs. this will reduce demand on everything and lower inflation. The Fed doesnt raise rates: Increased oil will slow economy/recession, produce layoffs, reduce demand on everything and lower inflation. I hesitate to say that the iran oil thing is also temporary. I think the inflati

Social◇ unclassifiedusa · iran
33d06/01

India’s LNG Industry Pushes for Government Backing as Diesel Costs Surge

The LNG distribution industry in India is calling on the government to support an LNG infrastructure buildout as costs for trucking would be lower than the spiking diesel prices. Currently, India has government support for ethanol infrastructure, but not for LNG, which is now 42% cheaper than diesel for the freight industry, industry executives told Indian outlet BusinessLine. “Historically, LNG adoption has been constrained more by infrastructure availability than economics,” Deepak Acharya, Ma

◇ unclassifiedmiddle-east · russia · usa
33d06/01⚠ war-conflict · 1/5

Retail investors, beware SpaceX

It won’t become the next Nvidia. It mathematically cannot. https://www.bloomberg.com/opinion/articles/2026-06-01/spacex-needs-to-get-to-5-quadrillion-to-rival-mag-seven-magic?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc4MDMxMjk2NiwiZXhwIjoxNzgwOTE3NzY2LCJhcnRpY2xlSWQiOiJURlk1MjRLSVVQWFMwMCIsImJjb25uZWN0SWQiOiI0NkJCMkEyQTRCMEE0REVCOUY0NUU4QjgzQ0YxQkUwOSJ9.TbDuPqFDCxEKJJjVFAjrQTKurQK8TWthWLUPyogaTW8 submitted by /u/StayEngaged2222 [li

Social◇ unclassifiedsocial-signal
33d06/01

Building savings contract terminated

Hello everyone, I would like your opinion please. Here are the facts: I canceled my building savings contract a week ago. Now the advisor is in touch. Contract: Bausparkasse Schwäbisch Hall, since April 2022 building savings amount €100,000, current balance ~€13,000, is ready for allocation from €40,000 • Credit interest 0.01% (interest 2025: €1.18) • Annual fee €15 annually • Loan interest 2.35% Situation: • Contract terminated • Credit should be for special repayment can be used • current loan is 3.66

Social◇ unclassifiedgermany · usa · europe
33d06/01

Helper injured, 2 cats die in Hong Kong flat fire linked to pet water dispenser

A domestic helper was injured and two cats were killed in a blaze believed to have been caused by a faulty pet water dispenser at a village home in Hong Kong on Monday morning. The fire broke out at about 11.20am in a third-floor flat in Wong Yi Au Tsuen, Tai Po. Firefighters arrived to battle the flames and rescued a 47-year-old Indonesian helper along with two cats. The fire was extinguished about 20 minutes later, at 11.40am. The helper, who had inhaled thick smoke, was taken to Alice Ho Miu.

◇ unclassifiedchina · asia
33d06/01

Young Kenyans protest Ebola quarantine centre for US citizens

Hundreds of youths in Kenya’s central town of Nanyuki on Monday showed against the establishment at the Laikipia Air Base of an Ebola quarantine centre for American citizens exposed to the virus. The protests come two days after Kenya’s High Court suspended the establishment of the facility and the arrival of any foreign patients pending the hearing of a case filed by the Law Society of Kenya and a constitutional watchdog. The two organisations cited Kenya’s fragile health system as the reason..

◇ unclassifiedchina · asia · usa
33d06/01

Can Taiwanese opposition leader pull off balancing act during US trip?

Taiwan’s main opposition leader is due to arrive in the United States late on Monday for a politically sensitive two-week visit expected to attract close scrutiny in Beijing, Taipei and Washington. The Kuomintang delegation, led by the party’s chairwoman Cheng Li-wun, will land on Monday evening local time in San Francisco, where she will visit Taiwanese-American communities and think tanks. She will also travel to Boston and New York before visiting Washington for meetings with political...

◇ unclassifiedchina · asia · usa
33d06/01⚠ war-conflict · 1/5

Fallen for credit card fraud

Unfortunately, I fell for a well-done credit card scam over the weekend. In the evening I was contacted by the hotel where we had soon booked a room that I should provide a credit card for confirmation. I hesitated for a moment but the link looked good - all the data matched. Name, date for one night, amount of money, etc. (called the hotel on the phone, they probably have a data leak - that's all I know, they couldn't tell me more) So I quickly brushed my teeth and...

Social◇ unclassifiedgermany · usa · europe
33d06/01⚠ war-conflict · 3/5

Akeso lung cancer drug shines in trials, boosting hopes in US$20b market

Akeso, whose drug ivonescimab was hailed as biotech’s “DeepSeek moment” amid US competition last year, announced better-than-expected clinical results showing it can treat a type of lung cancer commonly found in smokers, potentially expanding its approved uses. Analysts suggest it could become a backbone therapy in the US$20 billion global non-small cell lung cancer market and have revised their target prices upwards. The drug’s phase three trial found that ivonescimab reduced the risk of death.

◇ unclassifiedchina · asia
33d06/01⚠ war-conflict · 1/5

M25 / First job after 7 years of study

At 25, I'm starting my first full-time job after my master's degree as a software engineer. I earn 55k a year (12 salaries) and after one year my contract will increase to 60k. I live with my girlfriend in a medium-sized city, we pay 1,070 euros in rent and, after deducting all expenses, the housing costs are around 1,200 euros. In addition, there are expenses for food and leisure activities (such as going out for coffee), so we have around 1,800 euros

Social◇ unclassifiedgermany · usa · europe
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