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Saudi Arabia is slashing oil supply. It could mean higher gas prices for US drivers

West Hawaii Today 2023-06-05

FRANKFURT, Germany — Saudi Arabia will reduce how much oil it sends to the global economy, taking a unilateral step to prop up the sagging price of crude after two previous cuts to supply by major producing countries in the OPEC+ alliance failed to push oil higher. The Saudi cut of 1 million barrels per day, to start in July, comes as the...

13% of students prone to depression due to pandemic: Japan study

Kyodo 2023-06-04

Thirteen percent of elementary to high school students in Japan had depressive tendencies warranting medical attention last October due to the effects of the coronavirus pandemic, a recent study by a medical institute said. Behavioral restrictions to...

Hong Kong detains 8 people on eve of Tiananmen Square anniversary

Asahi News 2023-06-04

HONG KONG -- Hong Kong police detained eight people, including activists and artists, on the eve of the 34th anniversary of China’s Tiananmen Square crackdown, a move that signals the city’s shrinking freedom of expression. Police said in a statement late Saturday that four people have been arrested for allegedly disrupting order in public spaces...

Don’t underestimate China’s ability to catch up with the West

Asiatimes 2023-06-02

Subscribe to GPM Investment strategy: Not a time to play the hero David Woo voices skepticism about the smooth passage of the debt ceiling deal and ponders the motivations behind Kevin McCarthy’s actions. He discusses the performance of GPM’s portfolio trades and a bullish outlook on gold due to the debt ceiling situation. Ukraine: What next...

Elon Musk tears up the decoupling script in China

Asiatimes 2023-06-01

As the global economic intelligentsia debates how to “decouple” or “de-risk” from China, Elon Musk clearly didn’t get the memo. The Tesla founder was feted like a returning king in Beijing this week. From the moment his private jet arrived on Tuesday, Musk is reportedly being called “Brother Ma,” putting him in rarified league with Alibaba...

Fight over UK COVID-19 inquiry

Jamaica Observer 2023-05-31

LONDON, United Kingdom (AP) — As Britain's prime minister, Boris Johnson established an independent public inquiry into his Government's handling of the COVID-19 pandemic. Now the inquiry wants to see, in full, what Johnson wrote to other UK officials as the outbreak raged — but the Government is fighting a demand to hand over the material. Inquiry...

No more 'fire-breathing dragons'? President Biden agreed to cut IRS funding by $21B as part ...

Yahoo Daily News 2023-05-31

No more 'fire-breathing dragons'? President Biden agreed to cut IRS funding by $21B as part of the debt limit deal — here's how the tax agency plans to cope After months of negotiations, President Joe Biden and House Speaker Kevin McCarthy have finally agreed to suspend the country’s debt limit — or the amount of money the federal government can...

No, Democrat-Supporting Political Activists. Ron DeSantis’s Florida is Not a Racist Hellhole

The Daily Sceptic 2023-05-24

The NAACP (National Association For The Advancement Of Colored People) distinguished itself this weekend by issuing a travel advisory, i.e., a warning, for people traveling to Florida. Fair enough you might think, as there are many dangers in having too much of a good time in hot weather. But instead of reminders to pack some sunscreen, the NAACP...

UK police looking at fresh 'Partygate' claims against Johnson

Eye Witness News 2023-05-24

Police confirmed it was investigating new information it received over the last week related to the former UK prime minister's 'Partygate' scandal, where it was alleged Johnson broke COVID-19 lockdown rules between June 2020 and May 2021. LONDON, United Kingdom - Former UK prime minister Boris Johnson is facing further potential police...

Drug Overdoses in the US Up, But Experts See Hopeful Signs

Voa News 2023-05-18

Drug overdose deaths in the U.S. went up slightly last year after two big leaps during the pandemic. Officials with the Centers for Disease Control and Prevention say the numbers plateaued for most of last year. Experts aren't sure whether that means the deadliest drug overdose epidemic in U.S. history is finally reaching a peak, or whether...