President Joe Biden got a diplomatic slap in the face Wednesday with the OPEC+ cartel's decision to ignore both his efforts at isolating Russia and desperate attempts to hold down fuel prices ahead of midterm elections.. And with just five weeks before midterm elections where the Democrats hope to cling on to control of Congress, Biden was having some success.
With Twitter and Elon Musk edging towards finalizing a deal, here's what may come next in the billionaire's on-again, off-again bid to buy the influential social media platform.. "For Musk, the irony is the easy part of this deal was buying Twitter," said Wedbush's Ives.
Germany's whopping new boat lift could lug the weight of 50 blue whales over a stretch of canal between Poland and Berlin.. - Tourist attraction - The new version is 30 metres longer than its predecessor and can carry nearly twice as much weight -- equivalent to "50 adult blue whales or 1,600 elephants", Wissing said at the official opening on Tuesday.
Train travel in Britain was disrupted on Wednesday by the latest in a string of strikes by railway workers over wages.. Railway workers are demanding wage increases to keep pace with decades-high inflation amid a cost-of-living crisis.
Canada's trade surplus fell in August to Can$1.5 billion (US$1.1 billion) -- its lowest level so far this year -- as both exports and imports slumped, the government statistical agency said Wednesday.. Exports decreased 2.9 percent to Can$65.4 billion, led by lower exports of energy products, while imports fell 1.7 percent to Can$63.9 billion, mainly on lower imports of motor vehicles and parts, said Statistics Canada.
In Belgium, a country reputed for its beer, mushrooms nourished on a byproduct from the brew are doing booming business.. "We realised that many of the mushrooms bought in shops came from the Netherlands, many from eastern (European) countries, and even further afield, from China," he said.
The World Trade Organization on Wednesday dramatically lowered its global trade forecast for 2023, as Russia's war in Ukraine and other shocks take their toll on the world economy.. Last week, Okonjo-Iweala warned that Russia's war in Ukraine, the climate crisis, food price and energy shocks plus the aftermath of the Covid-19 pandemic were creating the conditions for a world recession.
Elon Musk's pursuit of Twitter was a melodrama from the beginning -- a mercurial billionaire locked in a bitter fight with his favorite social media platform.. Text messages revealed during the legal process showed how he briefly considered making a blockchain-based social media app.
Major oil producers led by Saudi Arabia and Russia were expected Wednesday to agree on a major cut in output to prop up prices despite Western concerns over energy-fuelled inflation.. The OPEC+ discussion also comes as Western nations mull imposing a price cap on Russian oil while an EU ban on most crude from Russia comes into effect in December.
The EU is "ready to discuss" a price cap on imported gas to bring down soaring energy costs, European Commission chief Ursula von der Leyen said Wednesday.. "We are ready to discuss a cap on the price of gas that is used to generate electricity," von der Leyen told MEPs sitting in Strasbourg, France.
