Oil production cuts are on the table before Russia sanctions

OPEC+, a group of 23 oil producing countries led by Saudi Arabia and Russia, will meet on Sunday to decide on the next phase of production policy. bloomberg | bloomberg | Getty Images Oil producers from the Organization of the Petroleum Exporting Countries and beyond may impose deeper cuts in oil production on Sunday, energy … Read more

Mass protests in China overwhelm censorship regimes

China’s notorious internet police can’t keep up with the sheer volume of videos exposing unrest in the secretive country – as weary residents protest the government’s strict COVID-lockdown rules. The fearsome censorship system can’t take snapshots of heated demonstrations fast enough – while crafty protesters also use tricks to evade their systems, The New York … Read more

From needles to MRI machines, medical exports increased by 8.14%

Medical instrument exports hit an all-time best level in September this year, according to the latest reports … [+] Government data, having shown steady growth in value over the past decade. ustradenumbers.com Good and bad news. Somewhat. The value of medical device exports, one of the largest US exports this year, is growing at less … Read more

Protests erupted across China in an unprecedented defiance of Xi Jinping’s zero-Covid policy

Beijing CNN – Protests broke out all over China On Saturday, including on universities and in Shanghai as hundreds chanted “Step down, Xi Jinping! Step down, Communist Party!” in an unprecedented show of defiance against the country’s increasingly tough and costly anti-Covid policy. a Deadly fire An apartment block in Urumqi, the capital of the … Read more

Falling home prices is coming. High unemployment could make it much worse

London CNN Business – Last year, Auckland’s largest real estate company was unable to sell properties fast enough to meet demand in New Zealand’s largest city. Homes were “flying out the door,” said Grant Sykes, a principal at the Barfoot & Thompson real estate agency. “There were chin-breaking moments when agents would stand across the … Read more

Asia-Pacific leaders condemn the war and renew calls for open trade

BANGKOK (AP) — Leaders from across the Asia-Pacific region have called for an end to Russia’s war on Ukraine They pledged to steer the region’s economies towards sustainable growth as the summit meetings conclude on Saturday. Host Thailand got a diplomatic coup in managing divisions among the 21 members of the Asia-Pacific Economic Cooperation forum … Read more

Foxconn has hired 100,000 new workers at its Chinese iPhone factory in Zhengzhou, according to state media reports.

Hong Kong / Beijing CNN Business – More than 100,000 people signed up for a massive recruitment drive by Foxconn, Apple’s supplier The largest iPhone manufacturer in China, according to Chinese state media. The hiring spree comes at a time when Apple (AAPL) It faces significant supply chain constraints at its assembly facility located in … Read more

Dangerous weed lobby victories, Brittney Grenier’s shocking plight and other comments

Drug Control: Weed Lobby’s Dangerous Wins “This year’s midterm ballot measures to legalize marijuana across five different states are further evidence of the weed lobby’s progress.” Mark Haskins argues in The Federalist. But “today, many of the arguments made by the pro-marijuana movement have been proven wrong”—such as the claim that it is “no worse … Read more

Chinese firms top billing in World Cup after team failure | Qatar World Cup 2022

Kuala Lumpur, Malaysia – China may not send a team to Qatar, but Chinese companies will have top billing as sponsors of the 2022 World Cup. Chinese brands are the biggest sponsors for this month’s tournament – even outspending a list of US companies that includes such iconic names as Coca-Cola, McDonald’s and Budweiser. Chinese … Read more

China eases some quarantines for travelers even as cases rise

BEIJING (AFP) – Travelers arriving in China will spend less time in quarantine under changes to comprehensive anti-virus controls announced Friday to limit disruption to the economy and society. The announcement came even as an increase in COVID-19 cases prompted Beijing to close parks and impose other restrictions. The country reported 10,729 new cases, and … Read more