A watchdog is looking into Twitter after a hacker claimed to have private information linked to over 400 million accounts. The hacker, known as “Ryushi,” is demanding $200,000 to hand over the data, which is said to include some celebrities’… Read More ›
Month: December 2022
Biden Tax Credits Are Intended To Stimulate Demand For Electric Delivery Trucks
On January 1, the United States will introduce incentives for delivery companies and other businesses to switch to electric trucks as part of a larger push to get polluting, workhorse vehicles off the roads and out of neighborhoods. The ground-breaking… Read More ›
European Gas Prices Have Returned To Levels Seen Before The Ukraine War
This week saw a decline in European natural gas prices to levels not seen since before Russia’s invasion of Ukraine. In recent weeks, front-month natural gas futures on the Dutch Title Transfer Facility, the standard contract in Europe, fell to… Read More ›
Ship Insurers Will Stop Providing War Insurance For Russia And Ukraine As Of January 1
Following a retreat from the area by reinsurers due to significant losses, ship insurers announced they are discontinuing war risk coverage throughout Russia, Ukraine, and Belarus. After being hit this year by losses associated with the conflict as well as… Read More ›
Taiwan’s TSMC Begins Mass Production Of The Most Cutting-Edge Chips
Taiwan Semiconductor Manufacturing Company Ltd. (TSMC), a manufacturer of semiconductors, started mass producing its most cutting-edge chips on Thursday in southern Taiwan and said it would keep increasing its production capacity there. The long-awaited mass production of 3-nanometer chips has… Read More ›
For The Ninth Month, Retail Sales In Japan Increases, Helped By Tourism
Oil price cap may increase Russia’s budget deficit by 2023, according to F According to data released on Tuesday, Japanese retail sales increased for a ninth consecutive month in November as consumer demand was boosted by the removal of COVID-19… Read More ›
Oil Price Caps May Increase Russia’s Budget Deficit By 2023, According To Its FinMin
As an oil price cap reduces export income, Russia’s budget deficit in 2023 may be higher than the planned 2% of GDP, according to Finance Minister Anton Siluanov. This would present Moscow with an additional financial challenge as it spends… Read More ›
As The UK Enters A Recession, Experts Predict That The Housing Market Will Cool In 2023
As the UK battles a recession and higher mortgage rates, industry experts predict that the housing market will cool off sharply in 2019 after a rocky 2022. House prices have already begun to decline month over month as the cost… Read More ›
Bank Of Japan Governor Haruhiko Kuroda Dismisses Near-Term Chance Of Exiting Easy Policy
Haruhiko Kuroda, governor of the Bank of Japan, dismissed the possibility of a near-term shift away from ultra-loose monetary policy on Monday but expressed optimism that growing labor shortages will encourage businesses to raise wages. The BOJ’s decision to widen… Read More ›
Storms Could Delay Holiday Packages, According To FedEx And UPS, And Airlines May Cancel Thousands Of Flights
Before the Christmas holiday, a powerful winter storm hit large swaths of the United States, bringing with it high winds, bitter cold, and snow. FedEx and United Parcel Service issued warnings that packages might not arrive this week. In advance… Read More ›