Right now, the high cost of gas is causing people to save, driving down demand, and ultimately creating less of a profit for oil and gas companies.
The board said Ecuadorian authorities planned to use the funds for budget support. Deputy Managing Director Antoinette Sayeh said in a statement that Ecuador's 4.2% GDP growth in 2021 had been supported by good macroeconomic management and a successful vaccination campaign, and that macroeconomic and financial stability had been preserved. "While the ongoing war in Ukraine is adversely affecting some export sectors, higher oil prices are improving Ecuador’s external and fiscal balances," she said.
- The Repository
Writer says that in a health emergency, all the health care professionals know what to do when a health crisis occurs.
In Ecuador, thousands of protestors supporting Indigenous groups are demanding price cuts for gasoline and food. NBC News’ George Solis reports on how the capital city of Quito is virtually paralyzed as clashes with police continue into their second week.
Sky-high gas prices have been a crude awakening for drivers — these tips could cut your costs by 20%
Use these simple steps to lessen the impact of filling up.
The lawsuit comes after nonprofit Mercy for Animals depicted one of Costco's contracted barn's treatment of their chickens in a video posted last February
"The current real estate market provides the opportunity to right-size our office space to meet the requirements of our headquarters-based employee population," the company said in an email. Chevron is expected to shift its headquarters to the new site during the third quarter of 2023. Rival Exxon in January also relocated its corporate headquarters from Irving, Texas to its campus north of Houston.
Top liquefied natural gas exporter Australia is in the depths of a power crunch just as traditional buyers are scrambling to meet shortfalls of Russian gas and winter takes hold Down Under. Europe's rush for supplies and an outage at the biggest U.S. LNG plant supplying Europe have had knock-on effects driving power prices up in Australia too. Australia vies with Qatar and the United States as the world's top LNG supplier, but over the past month it has struggled to keep the lights on as gas prices have shot up to record highs.
(Bloomberg) -- The prolonged slump in Bitcoin is making it more difficult for some miners to repay the up to $4 billion in loans they have backed by their equipment, posing a potential risk to major crypto lenders.Most Read from BloombergSupreme Court Overturns Roe, Transforming Abortion-Rights FightProtest Latest: NY, DC Marches Grow as Justice’s Home TargetedJustice Kavanaugh Says States May Not Bar Travel to Obtain an AbortionStocks Roar Back With Best Week in a Month: Markets WrapEnding Roe
People Are Sharing 'Motivational' Things Their Jobs Tried That Totally Backfired, And Now I Understand The Great Resignation
"My boss told everyone that we'd all need to make sacrifices and that he himself had to sell one of his houses."View Entire Post ›
- Motley Fool
The Merge is an upcoming blockbuster of an upgrade to the Ethereum crypto network. Will it send token prices to the moon?
- The Telegraph
Employers across the country are preparing to slash pay for home workers as part of radical plans that could ignite a widespread backlash among staff.
- Business Insider
Warren Buffett will likely acquire Occidental Petroleum once its credit situation improves after already plowing nearly $20 billion into the company, Truist says
Buffett built a massive stake in Occidental Petroleum over the past three years, having first purchased $10 billion worth of preferred stock in 2019.
- Yahoo Finance
Gen Z workers entering the labor market are transforming what the idea of a typical office job looks like.
Rice bran has become a sought-after commodity in India as the world's biggest importer of vegetable oils tries to overcome an edible oil shortage caused by global supply disruptions. A by-product in rice milling, rice bran has been traditionally used for cattle and poultry feed. Rice bran oil accounts for a small portion of overall vegoil consumption in India but is one of the fastest-growing among edible oils, industry officials say, and production and imports are set to increase to meet the demand.
United Airlines pilots will get more than 14% in pay raises in 18 months, and paid maternity leave under a new deal negotiated with the company, demonstrating the bargaining power aviators are enjoying in a short-staffed industry. The two-year agreement, approved by union leaders on Friday, will now be sent out to members for ratification. The contract provides more than 14.5% cumulative pay increases and enhanced overtime and training pay, said the Air Line Pilots Association (ALPA), which represents over 14,000 pilots at the Chicago-based carrier.
- Consumer Reports
A road map to auto industry ownership and partnershipsBy Jeff S. BartlettThe auto industry has a very confusing family tree. The past decade has seen partnerships, sales, separations, bankruptcie...
- The Hill
A retirement bill currently under negotiation in the Senate gives rich Americans a tax break by bringing forward the payment schedule to remain revenue-neutral within the 10-year budget window, but ultimately adds to the national deficit unless a future Congress raises taxes. The Senate’s Enhancing American Retirement Now (EARN) Act raises the age at which…
Age 62 is the first year you're eligible for Social Security, but your benefit amount will lower. We go over how to retire comfortably at 62.
- Business Insider
McDonald's is revamping its system of recruiting franchisees to bring in more diverse candidates, report says
Franchisees will now have to be subject to a more stringent review every 20 years to ensure their suitability, the Wall Street Journal reported.
When Russia turns off the gas through the Nord Stream 1 pipeline for maintenance in July, Europe is starting to worry that it won't turn it back on again. This week, Russia cut gas flows to Europe to 40% of the pipeline's capacity, blaming delayed equipment repairs and leaving Germany and other European states racing to find alternative supplies to head off the risk of rationing when winter comes. Now, Europe fears President Vladimir Putin will use a scheduled maintenance programme on the pipeline from July 11 to 21 to turn the screws, putting a brake on efforts to refill inventories in retaliation for far-reaching sanctions over Moscow's invasion of Ukraine.