After hovering near the $5 mark for a while, the average price of gas could fall to $4 per gallon by mid-August, analysts predict. Gas prices have been retreating from their highs last month for a couple of weeks now. AAA reports the average price per gallon currently stands at $4.75 nationwide, a 16-cent drop from a month ago. Wednesday’s drop of 2.8 cents per gallon was the second largest single-day drop in the last decade. The decline comes on the heels of a Twitter feud between Jeff… Source link
Read More »Latest Russia-Ukraine War News: Live Updates
Russia-backed troops driving through Lysychansk, Ukraine, on Monday.Credit…Alexander Ermochenko/Reuters BAKHMUT, Ukraine — With Luhansk Province firmly in Russia’s grasp after weeks of brutal fighting, the country’s military forces on Tuesday were already setting their sights on the next target. On the outskirts of Bakhmut, a key supply hub for Ukrainian forces, the Russian Army was ramping up its shelling as an apparent prelude for an inch-by-inch offensive into the province of… Source link
Read More »How The War In Ukraine Roiled Russian Internet Giant Yandex
Russian tech entrepreneur Tonia Samsonova in London on June 19, 2022. Samsonova resigned from Yandex in protest of the company’s refusal to run objective news stories about the Ukraine war. (Mary Turner/The New York Times) What a difference a war makes. Just a few months ago, Yandex stood out as a rare Russian business success story, having mushroomed from a small startup into a tech colossus that not only dominated search and ride-hailing across… Source link
Read More »Natural Gas Soars 700%, Becoming Driving Force in the New Cold War
(Bloomberg) — One morning in early June, a fire broke out at an obscure facility in Texas that takes natural gas from US shale basins, chills it into a liquid and ships it overseas. It was extinguished in 40 minutes or so. No one was injured. Most Read from Bloomberg It sounds like a story for the local press, at most — except that more than three weeks later, financial and political shockwaves are still reverberating across Europe, Asia and beyond. That’s because natural gas is the… Source link
Read More »Everyone said his war would destroy Russia’s economy but he’s killing America’s too
Between a tanking stock market, soaring inflation, and mounting recession fears, Americans are turning on the economy. And somewhere, Vladimir Putin is probably smiling about it. Amid all the chaos, inflation has become the biggest financial concern of nearly every American as prices rise for everything from gas to groceries. There are several reasons that inflation reached a 40-year-high of 8.6% last month, including rising rents and labor costs. But economists say a major driver is Russia’s… Source link
Read More »Jiri Prochazka submits Glover Teixeira late in fifth of thrilling title-fight war
One thing is certain: Jiri Prochazka earned his status as UFC champion. The 29-year-old light heavyweight submitted Glover Teixeira with 28 seconds left in the fifth round of their thrilling championship bout Saturday at UFC 275. Prochazka (29-3-1 MMA, 3-0 UFC) sunk in a rear-naked choke on Teixeira (33-8 MMA, 16-6 UFC) to get what seemed like an improbable tap. Prochazka remained unbeaten in the UFC and crowned himself light heavyweight champion after just three fights with the promotion. The… Source link
Read More »Israeli-Russian trade still prospering despite Ukraine War – The Jerusalem Post
A Russian ballet performs in Tel Aviv, Russian products that bear the Russian flag can be found easily in Israeli supermarkets, Israel exports its vegetables to Russia, while Yango, part of the Russian giant Yandex Group, supplies Israelis with taxis and grocery deliveries. For more stories from The Media Line go to themedialine.org Today Israel is the only Western country that does not exercise any sanctions against Russian entities or capital. However, financial limitations do exist. How… Source link
Read More »Ukraine attempts to qualify for Qatar amid war
The westward journey away from war and toward the 2022 World Cup began early on a Saturday morning in Kyiv. It had been two months since the bombs started falling and the sirens started wailing; since windows shattered and some Ukrainian soccer players sheltered on garage floors. They feared the Russian missiles that seemed to strike incessantly. They huddled in basements, under blankets. They pleaded for peace, then fled for safety, their minds as far as could be from the sport that once… Source link
Read More »EU Leaders Back Push to Ban Most Russia Oil Over Putin’s War
(Bloomberg) — European Union leaders agreed to pursue a partial ban on Russian oil, paving the way for a sixth package of sanctions to punish Russia and its president, Vladimir Putin, for the invasion of Ukraine. Most Read from Bloomberg The sanctions would forbid the purchase of crude oil and petroleum products from Russia delivered to member states by sea but include a temporary exemption for pipeline crude, European Council President Charles Michel said late Monday during a summit in… Source link
Read More »Viral photo of book burning not taken during Ukraine/Russia war
Photo claiming to show burning Ukrainian history books isn’t from the current war with Russia. It actually dates back to March 2010. The war between Ukraine and Russia marked its third month on May 24. As of May 26, the United Nations Human Rights Office of the High Commissioner (OHCHR) reported 3,998 Ukrainian civilians killed and at least 4,693 injured. Ukrainian President Volodymyr Zelenskyy said the country has suffered more… Source link
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