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media:title>Tesla is forced to go to court...again | Ep 6/media:title>
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media:description>https://www.cnn.com/2022/07/25/investing/elon-musk-tesla-sec-subpoena/index.html
Make sure to like, subscriber, and turn on post notifications. When we get to 50 subs, I'll open a new discord server for us. :)
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https://infotech.report/trending-news/tesla-becomes-first-american-automaker-worth-dollar100-billion/media:description>
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https://www.cnn.com/2022/07/19/economy/uk-inflation-real-pay-drop/index.html
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https://www.thestreet.com/.amp/technology/elon-musk-adds-a-surprising-new-twist-to-the-twitter-saga
Thumbnail Credits: https://in.mashable.com/tech/35085/elon-musk-vs-twitter-billionaire-seeks-to-start-trail-in-february-2023-over-44-billion-deal/media:description>
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media:description>If we get to 50 subs, I will start a discord server so we can hang out and chill :)
Make sure to do the "Big Three."
Like
Subscribe
Turn on notifications
Article from Apple News
Written by Laura Sanicola
After exceeding $5 a gallon for the first time in history, U.S. gasoline prices are finally falling, giving some relief to consumers in the world’s largest user of the fuel.
The average retail price for gasoline nationwide is still $4.631, down from a record of $5.014 a month ago but still $1.485 higher than a year ago, according to the American Automobile Association.
Prices are on a trajectory to keep falling at least the next few weeks. Global fuel demand has been declining because of the high prices and the strong U.S. dollar making oil more expensive elsewhere. Supply remains tight, so after that point, it’s uncertain whether prices will continue to fall.
U.S. gasoline prices have followed a drop in the futures market for both crude oil and gasoline. Those markets are down because investors are worried interest-rate hikes will slow the economy as central banks get aggressive in combating inflation.
U.S. demand for gasoline, jet fuel and diesel is down more than 10% compared to 2019, before the pandemic began, according to the Energy Information Administration. Gasoline stations have responded by lowering prices.
The dollar is also having an effect. Oil is generally priced in U.S. dollars, so a stronger greenback makes the commodity more expensive to holders of other currencies.
Earlier this week, the dollar index, which tracks the currency against a basket of six counterparts, climbed to 108.56, its highest level since October 2002.
Across the United States, 46 states and the District of Columbia have seen declines in prices.
The Midwest has seen some of the sharpest drops, with prices down over the last month in Indiana by 52 cents and in Ohio by 51 cents.
By contrast, over the last month prices have actually risen in a few Rocky Mountain states and Hawaii.
WILL GASOLINE PRICES CONTINUE TO FALL?
Retail prices should continue to slide, but the futures market remains highly volatile.
Weakened economic activity as well as continuing cases of coronavirus in China could lead to a drop in fuel demand, which would lead to lower prices later in the year.
Thumbnail credits: https://www.medicalnewstoday.com/articles/323426/media:description>
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yt:channelId>UC2s6PPK6MEhCSHD_cP9SVuw/yt:channelId>
title>The pressure in China is real | Ep 2/title>
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author>
name>Austin Wanthana/name>
uri>https://www.youtube.com/channel/UC2s6PPK6MEhCSHD_cP9SVuw/uri>
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published>2022-07-13T14:30:40+00:00/published>
updated>2024-05-23T18:55:05+00:00/updated>
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media:title>The pressure in China is real | Ep 2/media:title>
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media:description>Heat wave threatens power shortages and higher pork prices in China
Written by Laura He, CNN Business
A scorching heat wave in China has forced a major manufacturing region to appeal to businesses and households to use less power, while fear of crop failure is sending pork prices soaring.
Dozens of cities have been experiencing record-high temperatures at a time when the economy is still trying to recover from bruising Covid-related lockdowns. The heatwave also comes as consumer inflation hits a 23-month high, mainly driven by rising food prices.
As many as 84 cities across the country on Wednesday issued their highest-level red alert warnings — which means temperatures are expected to reach over 40 degrees Celsius (104 Fahrenheit) in the coming 24 hours — according to the National Meteorological Administration. Shanghai reported 40 degrees Celsius on Sunday for the first time this year.
China's heat wave has pushed electricity demand to extreme levels in many regions as people turn up the air conditioning.
On Tuesday, Zhejiang province — a major export and manufacturing powerhouse on the east coast — urged its 65 million residents and businesses to save power.
"In order to ensure electricity supply for residents and companies ...we call for the joint actions by the whole of society to save electricity," the province's energy bureau and the State Grid said in a joint statement.
Zhejiang's energy bureau has also rationed supply of power for some energy-intensive firms, such as polyester producers and textile printing and dying companies in the cities of Hangzhou, Shaoxing, and Haining, according to analysts from several Chinese brokerage firms.
The latest shortages come just months after China emerged from an energy crisis that caused widespread power outages in the second half of last year. The blackouts were blamed on shortages of coal, which China uses to produce about 60% of its electricity, and a surge in power demand.
China publishes GDP data for the April-June quarter on Friday and it's expected to show growth slumping to around 1% in the second quarter from 4.8% in the first three months of the year.
The Central Meteorological Observatory has warned that high temperature could adversely impact the production of corn, soybean, wheat, and pastures in many northern provinces, such as Ningxia, Inner Mongolia, and Hebei.
Rising food prices in both domestic and global markets have started impacting the feed industry and pig farming in recent weeks.
Earlier this month, a number of major feed producers, including New Hope Group, warned clients that they would increase prices of pig, poultry and fish feeds because of rising cost of soybean meal, corn and wheat. Most of the price hikes kicked in last week.
Pork, the staple meat in China, has been particularly badly affected, as soybean and corn are the main ingredients used in the pig industry.
By the week ending July 1, hog prices had increased 46% since March, according to the most recent data from the National Development and Reform Commission, the country's top economic planner.
Thumbnail Credits: https://news.cgtn.com/news/3d6b7a4d30637a4d/share_p.html/media:description>
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yt:videoId>T0YEsKEs_cw/yt:videoId>
yt:channelId>UC2s6PPK6MEhCSHD_cP9SVuw/yt:channelId>
title>When Will Covid End? | Ep 1/title>
link rel="alternate" href="https://www.youtube.com/watch?v=T0YEsKEs_cw"/>
author>
name>Austin Wanthana/name>
uri>https://www.youtube.com/channel/UC2s6PPK6MEhCSHD_cP9SVuw/uri>
/author>
published>2022-07-12T14:42:04+00:00/published>
updated>2024-05-24T07:11:23+00:00/updated>
media:group>
media:title>When Will Covid End? | Ep 1/media:title>
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media:description>When will Covid end? | Ep. 1
Hopes of Covid-19 Reprieve Fade as BA.5 Subvariant Takes Over
By Jon Kamp and Jared S Hopkins
Covid-19 is circulating widely as the BA. 5 Omicron subvariant elevates the risk of reinfections and dominates case counts, spoiling chances for a summer reprieve from the pandemic across much of the U.S.
Covid-19 levels are high in a fifth of U.S. counties, according to the Centers for Disease Control and Prevention’s metric based on case and hospital data, a share that has been mostly rising since mid-April. BA.5 is estimated to represent more than half of recent U.S. cases that are averaging just more than 100,000 a day, CDC data show. The true number of infections may be roughly six times as high, some virus experts said, in part because so many people are using at-home tests state health departments largely don’t track.
“We think we’re in a very high level of community transmission, second only to the Omicron peak from the wintertime,” said Jeffrey Duchin, health officer for the public-health agency covering Seattle and King County, Wash.
Nationally, wastewater data tracking the prevalence of the Covid-19 virus through July 6 has recently trended up, according to Biobot Analytics. Such data can provide clues about the pandemic’s trajectory.
New York City last week urged people to resume masking in public, indoor settings and around crowds outside. Los Angeles County’s public health department said rising Covid-19 hospital admissions mean the county also could soon reach high community prevalence and that officials would reinstate a mask mandate if the county stayed at that level for two weeks.
Signs of acute illness remain muted, continuing a hallmark of the spring surge, as treatments plus immunity from vaccines and previous infections reduce risks for many people. But the high prevalence of infection in many areas continues to cause disruptions, including canceled flights and spoiled travel plans, sick children sidelined from camp and child care and hospital employees who can’t report to work.
BA.5’s mutations make it particularly adept at causing repeat infections, even in people who had the version of Omicron that caused the largest recorded spike in cases last winter. There isn’t evidence that it differs from recent strains when it comes to symptoms and severity, virus experts said. There are mixed signals on the subvariant’s impact overseas and it isn’t clear what path it will take in the U.S., Ashish Jha, the White House’s Covid-19 response coordinator, said over the weekend.
Article from the Wall Street Journal in Apple News
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12.09.2024 21:06
01.01.1970 01:00
01.01.1970 01:00
Austin Wanthana
01.08.2023 · 19:27:12 ···
01.01.1970 · 01:00:00 ···
20.07.2023 · 11:45:59 ··· 5 ··· ··· 8 ···
12.09.2024 · 21:06:05 ···
12.06.2024 · 06:52:42 ···
20.07.2023 · 11:45:59 ··· 5 ··· ··· 8 ···
1:: Pop Culture Updates | Ep 8
01.01.1970 · 01:00:00 ··· 28.07.2022 · 14:07:45 ··· ··· ··· ··· ··· ··· Hello everyone! Today's video is going to be a little bit different because I just spoke what was on my mind. If you want me to make more videos like this, please consider liking the video! Thanks!
Thumbnail credits: https://johnnycirucci.com/wp-content/cache/all/movie-reel-with-film-countdown/index.html
2:: Omicron is inevitable | Ep 7
01.01.1970 · 01:00:00 ··· 27.07.2022 · 15:10:06 ··· ··· ··· ··· ··· ··· Thumbnail creds:
https://www.simcoereformer.ca/news/national/what-we-know-so-far-about-the-omicron-variant-which-has-been-found-in-canada
3:: Tesla is forced to go to court...again | Ep 6
01.01.1970 · 01:00:00 ··· 25.07.2022 · 14:02:00 ··· ··· ··· ··· ··· ··· https://www.cnn.com/2022/07/25/investing/elon-musk-tesla-sec-subpoena/index.html
Make sure to like, subscriber, and turn on post notifications. When we get to 50 subs, I'll open a new discord server for us. :)
Thumbnail credits:
https://infotech.report/trending-news/tesla-becomes-first-american-automaker-worth-dollar100-billion
4:: Inflation hits everywhere, especially in the UK | Ep 5
01.01.1970 · 01:00:00 ··· 19.07.2022 · 13:14:35 ··· ··· ··· ··· ··· ··· If we get to 50 subs, I will open a discord server and we can hang out and chill :)
https://www.cnn.com/2022/07/19/economy/uk-inflation-real-pay-drop/index.html
Thumbnail Credits: https://www.moneycontrol.com/news/world/new-uk-finance-minister-to-promise-to-control-inflation-8847151.html
5:: Who's at fault here? | Ep 4
01.01.1970 · 01:00:00 ··· 18.07.2022 · 14:56:22 ··· ··· ··· ··· ··· ··· If we get to 50 subs then I will open a discord server and we can talk and chill :)
https://www.thestreet.com/.amp/technology/elon-musk-adds-a-surprising-new-twist-to-the-twitter-saga
Thumbnail Credits: https://in.mashable.com/tech/35085/elon-musk-vs-twitter-billionaire-seeks-to-start-trail-in-february-2023-over-44-billion-deal
6:: Gas prices are falling, but why now? | Ep 3
01.01.1970 · 01:00:00 ··· 14.07.2022 · 12:57:51 ··· ··· ··· ··· ··· ··· If we get to 50 subs, I will start a discord server so we can hang out and chill :)
Make sure to do the "Big Three."
Like
Subscribe
Turn on notifications
Article from Apple News
Written by Laura Sanicola
After exceeding $5 a gallon for the first time in history, U.S. gasoline prices are finally falling, giving some relief to consumers in the world’s largest user of the fuel.
The average retail price for gasoline nationwide is still $4.631, down from a record of $5.014 a month ago but still $1.485 higher than a year ago, according to the American Automobile Association.
Prices are on a trajectory to keep falling at least the next few weeks. Global fuel demand has been declining because of the high prices and the strong U.S. dollar making oil more expensive elsewhere. Supply remains tight, so after that point, it’s uncertain whether prices will continue to fall.
U.S. gasoline prices have followed a drop in the futures market for both crude oil and gasoline. Those markets are down because investors are worried interest-rate hikes will slow the economy as central banks get aggressive in combating inflation.
U.S. demand for gasoline, jet fuel and diesel is down more than 10% compared to 2019, before the pandemic began, according to the Energy Information Administration. Gasoline stations have responded by lowering prices.
The dollar is also having an effect. Oil is generally priced in U.S. dollars, so a stronger greenback makes the commodity more expensive to holders of other currencies.
Earlier this week, the dollar index, which tracks the currency against a basket of six counterparts, climbed to 108.56, its highest level since October 2002.
Across the United States, 46 states and the District of Columbia have seen declines in prices.
The Midwest has seen some of the sharpest drops, with prices down over the last month in Indiana by 52 cents and in Ohio by 51 cents.
By contrast, over the last month prices have actually risen in a few Rocky Mountain states and Hawaii.
WILL GASOLINE PRICES CONTINUE TO FALL?
Retail prices should continue to slide, but the futures market remains highly volatile.
Weakened economic activity as well as continuing cases of coronavirus in China could lead to a drop in fuel demand, which would lead to lower prices later in the year.
Thumbnail credits: https://www.medicalnewstoday.com/articles/323426
7:: The pressure in China is real | Ep 2
01.01.1970 · 01:00:00 ··· 13.07.2022 · 14:30:40 ··· ··· ··· ··· ··· ··· Heat wave threatens power shortages and higher pork prices in China
Written by Laura He, CNN Business
A scorching heat wave in China has forced a major manufacturing region to appeal to businesses and households to use less power, while fear of crop failure is sending pork prices soaring.
Dozens of cities have been experiencing record-high temperatures at a time when the economy is still trying to recover from bruising Covid-related lockdowns. The heatwave also comes as consumer inflation hits a 23-month high, mainly driven by rising food prices.
As many as 84 cities across the country on Wednesday issued their highest-level red alert warnings — which means temperatures are expected to reach over 40 degrees Celsius (104 Fahrenheit) in the coming 24 hours — according to the National Meteorological Administration. Shanghai reported 40 degrees Celsius on Sunday for the first time this year.
China's heat wave has pushed electricity demand to extreme levels in many regions as people turn up the air conditioning.
On Tuesday, Zhejiang province — a major export and manufacturing powerhouse on the east coast — urged its 65 million residents and businesses to save power.
"In order to ensure electricity supply for residents and companies ...we call for the joint actions by the whole of society to save electricity," the province's energy bureau and the State Grid said in a joint statement.
Zhejiang's energy bureau has also rationed supply of power for some energy-intensive firms, such as polyester producers and textile printing and dying companies in the cities of Hangzhou, Shaoxing, and Haining, according to analysts from several Chinese brokerage firms.
The latest shortages come just months after China emerged from an energy crisis that caused widespread power outages in the second half of last year. The blackouts were blamed on shortages of coal, which China uses to produce about 60% of its electricity, and a surge in power demand.
China publishes GDP data for the April-June quarter on Friday and it's expected to show growth slumping to around 1% in the second quarter from 4.8% in the first three months of the year.
The Central Meteorological Observatory has warned that high temperature could adversely impact the production of corn, soybean, wheat, and pastures in many northern provinces, such as Ningxia, Inner Mongolia, and Hebei.
Rising food prices in both domestic and global markets have started impacting the feed industry and pig farming in recent weeks.
Earlier this month, a number of major feed producers, including New Hope Group, warned clients that they would increase prices of pig, poultry and fish feeds because of rising cost of soybean meal, corn and wheat. Most of the price hikes kicked in last week.
Pork, the staple meat in China, has been particularly badly affected, as soybean and corn are the main ingredients used in the pig industry.
By the week ending July 1, hog prices had increased 46% since March, according to the most recent data from the National Development and Reform Commission, the country's top economic planner.
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8:: When Will Covid End? | Ep 1
01.01.1970 · 01:00:00 ··· 12.07.2022 · 14:42:04 ··· ··· ··· ··· ··· ··· When will Covid end? | Ep. 1
Hopes of Covid-19 Reprieve Fade as BA.5 Subvariant Takes Over
By Jon Kamp and Jared S Hopkins
Covid-19 is circulating widely as the BA. 5 Omicron subvariant elevates the risk of reinfections and dominates case counts, spoiling chances for a summer reprieve from the pandemic across much of the U.S.
Covid-19 levels are high in a fifth of U.S. counties, according to the Centers for Disease Control and Prevention’s metric based on case and hospital data, a share that has been mostly rising since mid-April. BA.5 is estimated to represent more than half of recent U.S. cases that are averaging just more than 100,000 a day, CDC data show. The true number of infections may be roughly six times as high, some virus experts said, in part because so many people are using at-home tests state health departments largely don’t track.
“We think we’re in a very high level of community transmission, second only to the Omicron peak from the wintertime,” said Jeffrey Duchin, health officer for the public-health agency covering Seattle and King County, Wash.
Nationally, wastewater data tracking the prevalence of the Covid-19 virus through July 6 has recently trended up, according to Biobot Analytics. Such data can provide clues about the pandemic’s trajectory.
New York City last week urged people to resume masking in public, indoor settings and around crowds outside. Los Angeles County’s public health department said rising Covid-19 hospital admissions mean the county also could soon reach high community prevalence and that officials would reinstate a mask mandate if the county stayed at that level for two weeks.
Signs of acute illness remain muted, continuing a hallmark of the spring surge, as treatments plus immunity from vaccines and previous infections reduce risks for many people. But the high prevalence of infection in many areas continues to cause disruptions, including canceled flights and spoiled travel plans, sick children sidelined from camp and child care and hospital employees who can’t report to work.
BA.5’s mutations make it particularly adept at causing repeat infections, even in people who had the version of Omicron that caused the largest recorded spike in cases last winter. There isn’t evidence that it differs from recent strains when it comes to symptoms and severity, virus experts said. There are mixed signals on the subvariant’s impact overseas and it isn’t clear what path it will take in the U.S., Ashish Jha, the White House’s Covid-19 response coordinator, said over the weekend.
Article from the Wall Street Journal in Apple News
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