• 03/12/2025

Heavy flooding relieves China from sweltering heat, but displaces over 10,000 residents

Fox News Heavy flooding has displaced thousands of people around China as the capital had a relative respite from sweltering heat. Beijing reported 9.8 straight days when the temperature exceeded 95 F, the National Climate Center said Monday. Such a streak was last recorded in 1961 — decades before most Beijing residents had air conditioning…

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Saudi Arabia extends voluntary oil output reduction by 1 mln bpd to August

Disclaimer: TASS is Russian government propaganda, and not a reliable news source. It is reported that Saudi Arabia’s output reduction in August will total 1.5 mln barrels per day https://tass.com/economy/1641835

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Chinese navy hospital ship heads to Pacific to show military’s ‘peaceful development’

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Peace Ark’s medical personnel will provide free services during stops in Kiribati, the Solomons, Tonga, Vanuatu and East Timor. https://www.scmp.com/news/china/military/article/3226402/chinese-navy-hospital-ship-heads-pacific-show-militarys-peaceful-development?utm_source=rss_feed

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Woe in Office Market From Remote Work Spreads to Multibillion-Dollar Ecosystem

Wall Street Journal Many office-industry businesses are having to pivot or shrink. https://www.wsj.com/articles/woe-in-office-market-from-remote-work-spreads-to-multibillion-dollar-ecosystem-d195809e

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Utility Companies Sell Wind, Solar Farms to Shore Up U.S. Power Grid

Wall Street Journal The deals are expected to fund upgrades to electricity-delivery systems as green-energy competition rises. https://www.wsj.com/articles/utility-companies-sell-wind-solar-farms-to-shore-up-u-s-power-grid-755bf06c

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Pro Take: Tech Often Disappoints Short-Term. Long-Term, It Can Overachieve.

Wall Street Journal Companies must be ready to adjust quickly as they invest in the rapidly shifting technology landscape. https://www.wsj.com/articles/pro-take-tech-often-disappoints-short-term-long-term-it-can-overachieve-4f36ed4

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Zuckerberg’s Quest to Re-Enter China Faces Challenge: His Own Words

Wall Street Journal More than a decade after Beijing blocked Facebook, parent Meta’s effort to sell its virtual-reality headsets in China faces challenges that include some of the founder’s past comments. https://www.wsj.com/articles/zuckerbergs-quest-to-re-enter-china-faces-challenge-his-own-words-d1457c0

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Fighting Rages on Multiple Fronts as Counteroffensive Continues

New York Times Kyiv’s forces have made more small gains, but the situation on the battlefield is “quite complicated,” a senior Ukrainian official said. https://www.nytimes.com/live/2023/07/03/world/russia-ukraine-news

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China takes aim at energy crisis with world’s biggest crude-oil processor

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Huge processing vessel undocks as a chorus of calls and suggestions flag energy security pitfalls and seek action from Beijing at a time of internal and external uncertainties. https://www.scmp.com/economy/economic-indicators/article/3226410/china-takes-aim-energy-crisis-worlds-biggest-crude-oil-processor?utm_source=rss_feed

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Chechen Strongman Kadyrov, Ally Delimkhanov Reappear Amid Rumors of Illness

Moscow Times In a video published on Instagram, Kadyrov and Delimkhanov sought to dispel rumors that the Chechen leader has been suffering from a serious illness. https://www.themoscowtimes.com/2023/07/03/chechen-strongman-kadyrov-ally-delimkhanov-reappear-amid-rumorsof-illness-a81717

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