The largest cryptocurrency fell as much as 4.9 percent Thursday to $46,322. Bitcoin’s burst above the $50,000 level didn’t last long, and chart patterns signal its rally since July is at risk of fading. The largest cryptocurrency fell as much as 4.9% Thursday to $46,322, with other tokens including Ether …
Read More »Climate change fueling warm ocean ‘blob’ causing Chile megadrought – study
A blob of warm water in the southern Pacific is fueling a decades-long megadrought in Chile, and climate change is at least partly to blame, scientists say. The “Southern Blob” east of New Zealand is driving hot and dry conditions in Chile, with snow caps melting on the Andes, reservoirs …
Read More »Oil recovery ends amid COVID-19 concerns, returning supply
Oil fell on Thursday for the first session this week as renewed concerns about demand amid rising COVID-19 infections cut short a three-day rally, and as Mexico restored some oil production. Brent crude was down 71 cents, or 1%, at $71.54 a barrel by 0939 GMT, having risen 1.7% on …
Read More »Japan suspends 1.6 mln doses of Moderna shot days after contamination reports
Japan suspended the use of 1.63 million doses of Moderna Inc’s COVID-19 vaccine on Thursday, more than a week after the domestic distributor received reports of contaminants in some vials. Both Japan and Moderna said that no safety or efficacy issues had been identified and that the suspension was just …
Read More »FIFA’s Infantino asks Premier League and LaLiga to release players for World Cup qualifiers
The English Premier League and Spain’s LaLiga should release players for World Cup qualifiers next month to “preserve and protect sporting integrity”, FIFA president Gianni Infantino said on Wednesday. While the Premier League has refused to release players headed to countries on the United Kingdom’s ‘red list’ due to strict …
Read More »Iraq yields +6 billion dollars from crude oil sales in July, SOMO survey
Iraq collectively grossed more than 6.5 billion dollars from oil sales last July, according to a survey by the state oil marketer, SOMO. Crude oil exports amounted to 90,467,794 barrels, yielding 6,513,792,969 dollars, SOMO survey said. Exports from Oilfields in Mid and south Iraq were 87,455,359 barrels, while Kirkuk oilfields …
Read More »Huawei gets US approvals to buy auto chips, sparking blowback
U.S. officials have approved license applications worth hundreds of millions of dollars for China’s blacklisted telecom company Huawei to buy chips for its growing auto component business, two people familiar with the matter said. Huawei, the world’s largest telecommunications equipment maker, has been hobbled by trade restrictions imposed by the …
Read More »Iraq signs agreement with POWERCHINA to build 2,000-megawatt solar plants
Iraq has signed an initial agreement with POWERCHINA to build solar power plants with a capacity of 2,000 megawatts, the government said on Wednesday. The first stage of the project will have a capacity of 750 megawatts, the Iraqi cabinet added in a tweet. Power from Iraq’s main grid suffers …
Read More »China criticizes US ‘scapegoating’ as COVID-19 origin report to be released
China criticized Wednesday the US “politicization” of efforts to trace the origin of the coronavirus, demanding a US military laboratory be investigated, shortly before the release of a US intelligence community report on the virus. The US report is intended to resolve disputes among intelligence agencies considering different theories about …
Read More »Study shows how sitting for 8 hours a day can affect your stroke risk
Adults under 60 who spend most of their days sitting have a higher risk of stroke compared to those who spend more time being physically active, a new study finds. People who reported sitting eight or more hours daily and were not very physically active otherwise were seven times more …
Read More »Russia says working on alternative to SWIFT, but disconnection not imminent
The Russian Foreign Ministry has ruled out any imminent plan to disconnect his country from the SWIFT interbank payment system, warning that such as move would affect all parties. “There is no visible danger of us getting disconnected from SWIFT. I think that the hypothetical disconnection is not a market …
Read More »Pele brings sporting stars together for charity auction
Want a Brazil jersey owned by Pele? An All Blacks shirt signed by Dan Carter? A New York Yankees photo autographed by Derek Jeter? David Beckham’s AC Milan shirt? Those items, plus others from Cristiano Ronaldo and Kylian Mbappe, are among 229 that will be up for sale next month …
Read More »Bitcoin price rises past $50,000, rebound slows
Bitcoin’s price surged past $50,000 on Monday for the first time since May, although its rebound from a months-long slump lost a little steam. The world’s largest cryptocurrency was last up 1.19% at $49,888. It had risen as high as $50,562 as investors bet that the prospect of more U.S. …
Read More »Most popular Facebook post of 2021 cast doubt on COVID-19 vaccines
A news article suggesting a “healthy” doctor had died after receiving the COVID-19 vaccine was Facebook’s top viewed link, according to the company’s Q1 Transparency Report which examined US content views between January 1, 2021, and March 31, 2021. The top viewed link was a news article by the Chicago …
Read More »US FDA grants Pfizer COVID-19 vaccine full approval
The US Food and Drug Administration on Monday fully approved Pfizer’s COVID-19 vaccine, a move expected to trigger a new wave of vaccine mandates as the delta variant batters the country. “The FDA’s approval of this vaccine is a milestone as we continue to battle the COVID-19 pandemic,” acting FDA …
Read More »Returning hero Lukaku sets Chelsea on way to 2-0 win at Arsenal
A goal by Romelu Lukaku on his second Chelsea debut and a strike by defender Reece James earned the Blues a comfortable 2-0 win at London rivals Arsenal on Sunday, their second victory in as many games at the start of the Premier League season. An almost unstoppable Lukaku needed …
Read More »Russia pledges retaliation after new U.S. sanctions
Moscow pledged retaliatory measures after a new set of sanctions imposed by the United States on a Russian ship and two companies involved in the Nord Stream 2 gas pipeline, Russia’s foreign ministry said in a statement on Saturday. The $11 billion projects, which will double the existing Nord Stream …
Read More »Student in Egypt uses rat poison to kill school security guard, steals $41,000
A sixth-grade student poisoned and killed a private school security guard to steal money from the school’s safe, according to the Egypt Independent. Authorities in Sohag revealed that the guard was killed and the school’s finance office was robbed by a student. Names of the victim and the accused were …
Read More »‘You are not a horse:’ FDA warns against using animal drugs to treat COVID-19
The US FDA is warning against the use of animal medications for human COVID-19 infections after multiple people were hospitalized after taking ivermectin, a treatment intended for horses. “There seems to be a growing interest in a drug called ivermectin to treat humans with COVID-19,” the food and drug administration …
Read More »Food wastes contribute to exacerbating the Greenhouse Effect
The COVID pandemic has shown the fragility of our global food supply chains, with many supermarkets and restaurants in almost every country having experienced food shortages. Millions of people in the UK alone have experienced severe food insecurity during COVID-19, according to a recent report by the country’s Foods Standards Agency. …
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