Musk accused of muzzling critics of his migration agenda

The purported move follows fierce debate on X over H-1B visas for Indian tech workers Elon Musk has announced a new algorithm on his social media platform X that appears to be disproportionately punishing conservatives who have vocally opposed bringing in more tech workers from India. Musk spent $44 billion to buy Twitter in 2022 … Продължение

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Musk accused of muzzling critics of his migration agenda

The purported move follows fierce debate on X over H-1B visas for Indian tech workers Elon Musk has announced a new algorithm on his social media platform X that appears to be disproportionately punishing conservatives who have vocally opposed bringing in more tech workers from India. Musk spent $44 billion to buy Twitter in 2022 … Продължение

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Thousands of baby spoons recalled over choking hazard

Silicone utensils sold at major retailers and online have been reported to break during use, posing a choking risk to infants Melii Baby, a Canada-based baby products company, has recalled over 85,000 silicone spoons due to breakage risks that could pose a choking hazard to infants. The US Consumer Product Safety Commission (CPSC) announced the … Продължение

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Thousands of baby spoons recalled over choking hazard

Silicone utensils sold at major retailers and online have been reported to break during use, posing a choking risk to infants Melii Baby, a Canada-based baby products company, has recalled over 85,000 silicone spoons due to breakage risks that could pose a choking hazard to infants. The US Consumer Product Safety Commission (CPSC) announced the … Продължение

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Cocoa bean beats Bitcoin

Bloomberg has named chocolate’s main ingredient the best-performing commodity of 2024 Cocoa has been named the best-performing commodity of the year, outperforming Bitcoin, according to Bloomberg. The crypto coin was arguably the most watched asset this year, as it smashed the long-awaited $100,000 threshold in early December. Prices for chocolate’s main ingredient have almost tripled … Продължение

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Dollar dominance waning – IMF data

Countries have stepped up efforts to move away from the greenback, data shows The share of the US dollar in global foreign exchange reserves has dropped to its lowest in nearly 30 years, according to the latest data published by the International Monetary Fund (IMF).  The statistics tracked by the Washington-based institution show that the … Продължение

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Russia won’t fine VPN users – media regulator

Earlier reports suggested that the country could introduce penalties for using these services to visit banned websites The Russian government does not plan to fine people for visiting banned websites with the help of Virtual Private Network (VPN) services, the country’s media regulator, Roskomnadzor, has told RT. The technology allows users to create a secure … Продължение

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Russia to launch new gas pipeline to China – deputy PM

The conduit will boost supplies by 45 billion cubic meters per year, according to Aleksandr Novak Russia has begun developing a new gas pipeline to China via Kazakhstan that will have a planned annual capacity of 45 billion cubic meters (bcm), Deputy Prime Minister Aleksandr Novak told the broadcaster Russia 24 on Wednesday. China will … Продължение

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Russians spent as much on ‘occult services’ as groceries in 2024 – media

End-of-year statistical reports suggest that fortune tellers and other “sorcerers” made 20 times more this year than psychologists Russians spent almost as much money on “sorcerers” and various “occult services” in 2024 as they did on groceries, the newspaper MK claimed on Tuesday, citing end-of-year statistical reports. According to the outlet, incomes in the ‘magical’ … Продължение

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De Beers sitting on colossal stockpile of diamonds it can’t sell – FT

The precious stone market faces weak demand and rising competition De Beers Group has amassed its largest diamond stockpile since the 2008 financial crisis, reflecting ongoing challenges in the luxury gemstone market, the Financial Times reported on Wednesday, citing the company’s press office. The company, which dominates the $80 billion diamond jewelry industry, has seen … Продължение

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Kremlin comments on decree greenlighting Rosneft share sale

Vladimir Putin recently authorized transactions with the shares of state-run oil producer President Vladimir Putin’s authorization of transactions involving the shares of the Russian oil giant Rosneft is related to corporate issues that remain confidential due to current economic and geopolitical circumstances, Kremlin spokesperson Dmitry Peskov told reporters on Wednesday.    Peskov’s remarks came in … Продължение

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Russia supplies record amount of seafood delicacy to China – data

Exports of crab have soared amid Western sanctions Russia has continued to increase fish and seafood exports to China, boosting crab sales to a record $148.7 million last month, RIA Novosti reported on Tuesday, citing Chinese customs data. November saw the biggest monthly crab supply volume in the two countries’ bilateral trade, according to the … Продължение

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EU draining gas from storage at fastest pace since 2022 – FT

Higher demand due to colder weather and lower LNG imports are reportedly behind the bloc’s increased reliance on storages The EU has increased withdrawals from its gas storage facilities, the Financial Times reported on Tuesday, citing data from Gas Infrastructure Europe. According to the report, the volume of gas in storages dropped by some 19% … Продължение

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Tesla to recall 700,000 vehicles

The move was prompted by a flaw in the tire pressure warning system Electric vehicle manufacturer Tesla is recalling 700,000 vehicles in the US due to a malfunction in the tire pressure monitoring system, raising the likelihood of accidents, the Associated Press has reported, citing a safety watchdog. The recall affects several models, including the … Продължение

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Multiple Russian regions ban crypto mining – TASS  

The government will impose restrictions on the digital currency industry in areas with power shortages The Russian government has approved a list of regions where crypto mining will be limited or completely banned starting from January 1, 2025 until March 15, 2031, TASS reported on Tuesday, citing a government document.    The ban will be … Продължение

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Elon Musk congratulates Durov on Telegram milestone

Earlier, the Telegram co-founder announced that his platform had turned its first profit since monetization SpaceX and Tesla CEO Elon Musk has offered some words of praise to Telegram co-founder and CEO Pavel Durov after the Russian-born entrepreneur’s company turned a profit for the first time in its three-year history of monetization. Durov announced the … Продължение

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Telegram turns profitable for first time – Durov

The messaging platform has surpassed $1bn in revenue this year, according to its co-founder Popular messenger Telegram has achieved over $1 billion in revenue during 2024, marking its first profitable year since introducing monetization, company co-founder and CEO Pavel Durov announced on Monday on his Telegram channel. The company’s financial growth has reportedly been driven … Продължение

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US launches probe into Chinese semiconductor production

The Biden administration is set to investigate whether Beijing’s chip-manufacturing policies threaten US economic security The US has launched a trade investigation into China’s production of legacy chips, citing concerns that the country is seeking to dominate domestic and global markets in the critical semiconductor industry.  In a press release on Monday, Trade Representative Katherine … Продължение

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Russian tycoon fails in EU sanctions legal bid

Oleg Deripaska had challenged restrictions imposed on him by the bloc over his alleged involvement in the Ukraine conflict The European Court of Justice has rejected a legal bid by Russian businessman Oleg Deripaska to lift sanctions imposed on him by the EU Council over the Ukraine conflict, EU Law Live reported on Wednesday. The … Продължение

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