Angola Exits OPEC Following Disagreements On Production Cuts
Following a clash with the OPEC coalition of oil producing nations and allied countries, OPEC+, earlier in the year over lower production quotas, Angola announced on Thursday that it is…
Rerouted Shipping Due To Houthi Attacks To Cause Delays, Increase Port Congestion
This week, CNBC reported that amid the threats of attacks on passing cargo ships by Houthi rebels based out of Yemen, there has been roughly $35 billion in cargo which…
Argentina’s President Employs Economic Shock Therapy
In an effort to combat the worst economic crisis Argentina has seen in decades, Argentine President Javier Milei has announced a raft of sweeping economic reforms. His new reforms include…
Airbnb Fined For Listing Prices In Australia In American Dollars
Online rental booking site Airbnb was fined AU$15 million (US$10 million) by a court in Australia, and ordered to pay an additional AU $15 million in compensation for not specifying…
Former Binance Exec Says Russian Crypto-Users To Feel Pressure From US
The former chief executive of Binance in the Commonwealth of Independent States (CIS), Vladimir Smerkis, says Russian cryptocurrency users can expect the United States to continue to attempt to apply…
US Airlines Prepared For Holiday Rush
US airlines are preparing for the holiday travel rush at the end of the year to be busier than the same peak period a year ago, when thousands of flights…
Vestwell Raises Funds With $1 Billion Valuation
As Vestwell, a savings and investment platform backed by Goldman Sachs, looks to expand its product offerings, the company will have an easier time of it after raising $125 million…
Half Of Buick Dealers Choose A GM Buyout To Avoid Selling EVs
According to a new report in the Wall Street Journal, nearly half of Buick dealers in the United States have chosen to accept buyouts from General Motors (GM) which will…
Three Arrows Capital Founders Have $1 Billion In Assets Frozen
A British Virgin Islands court has frozen roughly $1 billion in assets which belong to the founders of Three Arrows Capital, the cryptocurrency hedge fund, according to the firm’s liquidator.…
EU Countries Get Exemptions To Import Russian Crude
Reuters reported on Wednesday that Slovakia has been granted a year-long exemption which will allow it to export fuel to the Czech Republic which the nation’s oil refinery Slovnaft, refined…
