Photo: ANP US oil companies must increase production and lower gas prices for consumers. To that end, US President Joe Biden has called for a fresh release of strategic oil reserves in an effort to lower fuel prices. That’s 15 million barrels. Like Europe, the US is struggling with a sharp rise in inflation. This puts a brake on the …
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US sends 2 million euros in humanitarian aid to Cuba after Hurricane Ian, exceptional cooperation after 60 years of ties
This is not the first time that the United States has provided aid to Cuba after a hurricane, but this is highly exceptional. The two countries have been at odds since the Cuban Revolution in the late 1950s, particularly over Cuba’s rapprochement with the then Soviet Union in the following years. The then US President John F. Kennedy introduced a …
Read More »Brown hit out at an angry Horner after writing to the FIA: “I’m not naming any team”.
Lars Lieftink Saturday, October 22, 2022 8:09 PM – Last Updated: 8:11 PM Zach Brown has responded to Christian Horner, who was disappointed by Brown’s letter to the FIA. Brown says he’s not naming any names and wants to know the consequences. In a letter to the FIA, Brown gave on behalf of McLaren Exceeding the budget cap (as Red …
Read More »Crypto in the Netherlands: $100 Billion Transaction Volume in One Year – BLOX
Chainalysis, a research firm that analyzes activity in the crypto world, has released a new report. This shows that the trade in our country is more than 100 billion dollars in a year. The Netherlands remains in the top 4 of Central, Northern and Western Europe (CNWE), albeit with a slight decrease compared to the previous year. 4th largest crypto …
Read More »Angry Horner over Brown’s letter to FIA: “Disappointing another F1 team to say that”
Lars Lieftink Saturday, October 22, 2022 19:15 – Last Updated: 19:17 Christian Horner is happy with Jack Brown, the group’s top letter McLarenRed Bull has sent word to the FIA about possible fines after exceeding the budget cap in 2021. Britain provides a state of affairs regarding negotiations with the FIA. Last Monday, after the Grand Prix in Japan, it …
Read More »Elon Musk opens again with a doomsday message: “A recession will last until 2024”
By Neil’s ChallengePublished on 21 October 2022 Friday to do 20:04• 4 minus the reading After Amazon founder Jeff Bezos, Tesla boss Elon Musk has also warned of turbulent economic times ahead. The billionaire is convinced that the global recession will last until the spring of 2024. This is …
Read More »Visa, Mastercard profits are expected to be higher due to travel recovery
Analysts said Visa Inc, MasterCard and American Express could see an increase in cross-border volume as more companies resume business travel and people plan vacations. “So far, despite the macro, you’re seeing relatively stable consumers,” said Wedbush Securities analyst Moshe Khadri, adding that monthly data from Visa and MasterCard showed that payments or cross-border volumes were not affected. “Basically, the …
Read More »Research at KU Leuven suggests that politically connected companies received more funding during the Great Recession
Historically, little academic research has been done on direct financial assistance to firms during financial crises. For example, the financial crisis of 2008-2009 mainly supported banks. The Covid period is characterized by government support for companies, but there is still too little data to analyze the period. To study this phenomenon on a larger scale, the researchers went back to …
Read More »China defends the “fighting spirit” of Xi’s foreign policy
Chinese diplomats in the United Kingdom have come under scrutiny this week after a Hong Kong protester was dragged into the Chinese consulate in Manchester on Sunday and assaulted in an incident being investigated by police. “Dare to fight is the spiritual nature of Chinese diplomacy,” Chinese Vice Foreign Minister Ma Zhaoxu told a press conference at the ruling Communist …
Read More »Tesla’s car sales are affected by the high dollar
Photo: ANP Tesla has been hit by a strong dollar. As a result, the American manufacturer of electric cars has not been able to grow its sales as much as experts widely expected. Elon Musk’s company also says it is struggling with logistical problems that have made it more difficult to get cars to customers. Tesla will ultimately post revenue …
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