Shipping Companies Face US Sanctions for Violating Russian Oil Price Cap
Video Credit: Wibbitz Top Stories - Duration: 01:30s - Published
Shipping Companies Face US Sanctions for Violating Russian Oil Price Cap
Shipping Companies Face, US Sanctions for Violating , Russian Oil Price Cap.
On October 12, the United States Treasury Department
announced that it has approved sanctions on two
companies that violated a multinational price cap.
On October 12, the United States Treasury Department
announced that it has approved sanctions on two
companies that violated a multinational price cap.
ABC reports that the U.S., the European Union,
and other countries in the G7 agreed to
impose a $60-a-barrel limit in 2022.
.
The move was an attempt to reduce
the Kremlin's revenue stream for
funding Russia's war on Ukraine.
.
According to the Treasury Department,
the two companies facing sanctions are
based in the United Arab Emirates and Turkey.
.
ABC reports that Lumber Marine,
an Emirates-based company, shipped
Russian oil priced above $75 a barrel.
.
In a separate incident, a Turkey-based company,
Ice Pearl Navigation, reportedly carried
Russian oil priced at $80 a barrel.
The sanctions will block the companies' access to
any U.S. property or financial interests, while also
preventing them from conducting any U.S. business.
The Biden administration has stressed the success
of the price cap, citing a 45% reduction in Russian
oil tax revenue since it was put into place.
ABC reports that an unnamed senior treasury official
said that Russia has attempted to build an alternative
shipping network in response to the price cap.
.
ABC reports that an unnamed senior treasury official
said that Russia has attempted to build an alternative
shipping network in response to the price cap.
.
The official reportedly added that enforcing the cap
will serve to further increase Russia's oil industry costs
to reduce funds available for its war efforts in Ukraine.
.
The official reportedly added that enforcing the cap
will serve to further increase Russia's oil industry costs
to reduce funds available for its war efforts in Ukraine.
China-Based Hackers , Hit With Sanctions and Indictments , Over Cyber Attacks.
ABC reports that the United States has
sanctioned hackers based in China over
alleged attacks on critical U.S. infrastructure.
According to the U.S. Treasury Department,
a state-sponsored front company has provided
cover for multiple cyber attacks on U.S. infrastructure. .
Sanctions by the U.S. and the United Kingdom have
targeted representatives of Wuhan Xiaoruizhi
Science and Technology Company Ltd. (Wuhan XRZ).
The U.S. Treasury Department alleges
that Wuhan XRZ acts as a China-based
Ministry of State Security (MSS) front company. .
ABC reports that the allegations include malicious cyber operations that include the 2020 spear phishing operation against the U.S. Naval Academy. .
ABC reports that the allegations include malicious cyber operations that include the 2020 spear phishing operation against the U.S. Naval Academy. .
On March 25, the U.S. Justice Department indicted seven individuals on charges stemming from their alleged involvement with these malicious operations.
On March 25, the U.S. Justice Department indicted seven individuals on charges stemming from their alleged involvement with these malicious operations.
The Justice Department will not
tolerate efforts by the Chinese
government to intimidate Americans
who serve the public, silence the
dissidents who are protected
by American laws, or steal
from American businesses, Merrick Garland, Attorney General statement, via ABC.
This case serves as a reminder
of the ends to which the Chinese
government is willing to go to
target and intimidate its critics,
including launching malicious cyber
operations aimed at threatening
the national security of the
United States and our allies, Merrick Garland, Attorney General statement, via ABC.
ABC reports that court documents show
that the hackers targeted politicians and
other prominent officials with "tracking links.".
The Conspirators used this method
to enable more direct and sophisticated
targeting of recipients' home routers
and other electronic devices,
including those of high-ranking U.S.
government officials and politicians
and election campaign staff from
both major U.S. political parties, Court documents, via ABC.
The Conspirators used this method
to enable more direct and sophisticated
targeting of recipients' home routers
and other electronic devices,
including those of high-ranking U.S.
government officials and politicians
and election campaign staff from
both major U.S. political parties, Court documents, via ABC
Credit: Wibbitz Top Stories Duration: 01:30Published
2024 Rock & Roll Hall of Fame Inductees , Are Announced.
2024 Rock & Roll Hall of Fame Inductees , Are Announced.
This year's honorees are
Mary J. Blige, Cher, Dave Matthews Band.
This year's honorees are
Mary J. Blige, Cher, Dave Matthews Band.
This year's honorees are
Mary J. Blige, Cher, Dave Matthews Band.
Foreigner, Peter Frampton, Kool & The Gang.
Foreigner, Peter Frampton, Kool & The Gang.
Foreigner, Peter Frampton, Kool & The Gang.
Ozzy Osbourne and
A Tribe Called Quest, NPR reports. .
Ozzy Osbourne and
A Tribe Called Quest, NPR reports. .
John Sykes, chairman of the Rock & Roll
Hall of Fame Foundation, issued a
statement about this year's inductees.
Rock & Roll is an ever-evolving
amalgam of sounds that impacts
culture and moves generations, John Sykes, chairman of the Rock & Roll Hall of Fame Foundation, via NPR.
This diverse group of inductees
each broke down musical barriers
and influenced countless artists
that followed in their footsteps, John Sykes, chairman of the Rock & Roll Hall of Fame Foundation, via NPR.
Additionally, the Musical Influence Award will go to Alexis Korner, John Mayall and Big Mama Thornton.
Additionally, the Musical Influence Award will go to Alexis Korner, John Mayall and Big Mama Thornton.
Additionally, the Musical Influence Award will go to Alexis Korner, John Mayall and Big Mama Thornton.
The Musical Excellence Award will be given to
Jimmy Buffett, MC5, Dionne Warwick
and Norman Whitfield.
The Musical Excellence Award will be given to
Jimmy Buffett, MC5, Dionne Warwick
and Norman Whitfield.
The Musical Excellence Award will be given to
Jimmy Buffett, MC5, Dionne Warwick
and Norman Whitfield.
The Musical Excellence Award will be given to
Jimmy Buffett, MC5, Dionne Warwick
and Norman Whitfield.
The Ahmet Ertegun Award, which honors those
who don't perform music but have made an impact
in the industry, will go to Suzanne de Passe.
The induction ceremony will take place on Oct. 19 and will stream live on Disney+.
It will be available to view on Hulu the following
day and will also air on ABC at a later date.
It will be available to view on Hulu the following
day and will also air on ABC at a later date
Credit: Wibbitz Top Stories Duration: 01:30Published
Beloved 'Golden Bachelor' couple Gerry Turner and Teresa Nist are sadly calling it quits. Just three months after tying the knot in an ABC special in January, the couple, whose engagement was revealed in Nov, announced they are getting a divorce. They sat down with 'Good Morning America' to reveal their decision but offered little to an audience that will want to know what happened after witnessing their inspiring later-in-life love story unfold.
Credit: The Hollywood Reporter Duration: 02:04Published
Ford Orders Recall , Over Potential SUV Gas Leak.
ABC reports that Ford has ordered
a recall for almost 43,000 small SUVs
due to a potential risk of fire. .
The recall impacts some Bronco
Sport SUVs from 2022 and 2023,
as well as 2022's Escape SUVs. .
According to Ford, gasoline can leak from
fuel injectors near or onto hot engine surfaces,
which increases the risk of starting fires.
The recall does not reportedly include repairing
any potential fuel leak, which the company
claims only impacts about 1% of their SUVs.
ABC reports that Michael Brooks, executive director
of the nonprofit Center for Auto Safety,
has called Ford's decision a "Band-aid type recall.".
Brooks claims that even a 1% failure
rate is high and places drivers
at potential risk for a crash.
The NHTSA said that it lacks legal
authority to pre-approve recall fixes. .
The agency added that it would, "closely track their performance using field data.".
However, Brooks suggests that Congress
needs to change laws so that the NHTSA can , "require something more than the rubber
stamp that NHTSA is currently deploying.”.
That is a post-remedy inquiry
that won't make the fixes better,
and further stretches out the process
and leaves consumers in limbo. , Michael Brooks, executive director of the
nonprofit Center for Auto Safety, via ABC
Credit: Wibbitz Top Stories Duration: 01:30Published
US Life Expectancy on the Rise , Following Pandemic Decline, CDC Report Says.
According to the latest federal
mortality data, life expectancy in
the United States increased in 2022. .
The report published by the Centers for
Disease Control and Prevention's National Center for Health
Statistics (NCHS) raised life expectancy to 77.5 years.
The report published by the Centers for
Disease Control and Prevention's National Center for Health
Statistics (NCHS) raised life expectancy to 77.5 years.
The positive change comes after two
years of decline following the pandemic.
The positive change comes after two
years of decline following the pandemic.
While life expectancy has yet to reach
pre-pandemic levels, 2022 showed
an increase of 1.1 years compared to 2021.
2022 ended up recording 3.27 million
deaths in the U.S., which was
184,374 fewer deaths than the year before.
According to the report, heart disease
and cancer remained the two most
prevalent causes of death in the U.S. .
According to the report, heart disease
and cancer remained the two most
prevalent causes of death in the U.S. .
COVID-19 dropped to fourth on
the list, and unintentional injuries
took over the number three spot.
COVID-19 dropped to fourth on
the list, and unintentional injuries
took over the number three spot.
ABC reports that both males and
females saw approximately the same
increase in life expectancy from 2021 to 2022.
Over the same period of time,
the death rate decreased
for nearly every age group. .
Another NCHS report found that rates of
drug overdose deaths from synthetic opioids
increased by 4.1% between 2021 and 2022.
Credit: Wibbitz Top Stories Duration: 01:30Published
Phase One Investigative Maui Wildfire Report , to Be Released Next Month.
ABC reports that seven months after deadly
wildfires devastated Maui, an investigative
report will be released on April 17, 2024.
Hawaii Attorney General Anne Lopez commissioned the
Fire Safety Research Institute (FSRI) to conduct an
independent investigation alongside several local agencies.
The first phase of the investigation is meant
to analyze how the disaster unfolded during
the first 24 to 72 hours, as well as its aftermath. .
The report also includes
a comprehensive timeline of events. .
According to the AG's office, the FSRI research
team ran into unexpected delays while
gathering information critical to their review. .
In November of 2023, subpoenas were served to the
Maui Emergency Management Agency, the County
of Maui Department of Public Works and the
County of Maui Department of Water Supply.
Those subpoenas demanded materials relevant
to the investigation, including documents and photos, as well as video and audio recordings.
Being able to review all of the data,
which is extensive, has a tremendous
impact on the comprehensive analysis
of the fire incident and our
recommendations to make Hawaiʻi
a safer place to live, work and play, Steve Kerber, Ph.D., PE, vice president and executive director of FSRI, via ABC.
An analysis of this magnitude cannot be
rushed, and we must allow for the time
needed to make sure this investigation,
based on science, is done correctly, Anne Lopez, Hawaii Attorney General, via ABC.
I am confident that the Phase One
report will provide some answers
to the questions surrounding
the tragic wildfire incident, Anne Lopez, Hawaii Attorney General, via ABC
Credit: Wibbitz Top Stories Duration: 01:31Published
China's President Xi Jinping is embarking on a rare visit to Paris, with French President Emmanuel Macron poised to address pressing issues such as trade imbalances and seek Chinese support regarding the conflict in Ukraine. However, achieving these objectives during Xi's brief two-day visit to France will prove challenging, given the backdrop of escalating trade tensions between Europe and China. France is actively supporting a European Union investigation into Chinese exports of electric vehicles, while Beijing's recent initiation of an inquiry into brandy imports, predominantly from France, is widely perceived as retaliatory. Against this backdrop, Macron's administration is keen to emphasise the necessity of obtaining further assurances from Chinese authorities on trade matters. Xi's visit marks his first trip to Europe in half a decade, underscoring the significance of the occasion.
#XiJinping #EmmanuelMacron #ChinaFranceRelations #TradeTalks #UkraineConflict #RussiaUkraineWar #ChinaEU #Tensions #FranceChinaTrade #Diplomacy #GlobalRelations #LeadershipSummit #InternationalAffairs #Geopolitics #DiplomaticRelations
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Emphasising that foreign policy today affects every citizen, External Affairs Minister S Jaishankar said that if India had not been clear on the Russia-Ukraine.. IndiaTimes
Israel retaliates against Turkey's trade halt by limiting Turkish trade with the Palestinian Authority and seeking sanctions. The move, spurred by Turkey's bid to pressure Israel on Gaza, draws strong condemnation. Erdogan defends Turkey's actions, while Israel vows robust responses, straining relations further amid the ongoing conflict.
#Israel #Turkey #IsraelTurkey #TurkishEconomy #TurkeyNews #TurkeyUpdate #IsraelGaza #IsraelWarlive #Gazawar #Worldnews #Oneindia #OneindiaNews
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Turkey halts all trade with Israel due to ongoing violence against Palestinians in Gaza. The move follows previous export restrictions and aims to pressure Israel into facilitating humanitarian aid. Turkey pledges to rigorously implement the measures until the flow of aid to Gaza is ensured.
#Turkey #Palestine #Gaza #Turkiye #IsraelGazawar #IsraelPalestine #Worldnews #Israelwarlive #Oneindia #Oneindianews
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This edition of State of the Union focuses on the enlargement "Big Bang" in 2004, speculation about new political alliances after the elections and sizeable cracks in the block of far-right parties.
Credit: euronews (in English) Duration: 07:00Published
The EU aims to boost production of copper and other metals to meet 2050 climate goals. A mine expansion in northern Sweden is seen as critical to those amibitons, but for indigenous Sámi who have been moved off their land it's a threat to an ancient way of life.
Credit: euronews (in English) Duration: 10:00Published
With the European elections just a few weeks away, Euronews caught up with Marie-Agnes Strack-Zimmermann, a member of the German parliament for the liberal Free Democratic Party and lead candidate for the Renew Europe group in the European Parliament.
Credit: euronews (in English) Duration: 20:00Published
In a stark reminder of the climate crisis, heavy rain hits the desert nation of the UAE, prompting the closure of schools and offices. Trucks are deployed to tackle flooding in several areas, highlighting the struggle with large-scale rainfall. Join us as we explore the impact of extreme weather events and the urgent need for climate resilience in the region.
#DubaiRain #UAE #UAERains #UAEFlood #UAESchools #DubaiFlood #DubaiFlights #UnitedArabEmirates #Oneindia
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Abu Dhabi and Dubai experienced heavy rain and thunderstorms earlier than expected, prompting an amber alert across the UAE. Moderate to heavy rainfall hit various areas, accompanied by lightning and thunder. Dubai Police issued safety warnings, urging caution and avoiding certain areas. Dubai Airports and PCFC announced measures in response to the inclement weather. The UAE braces for further rainfall, with May 2-3 identified as the peak period.
#DubaiFloods #Dubai #DubaiWeather #DubaiWeatheralert #UAE #DubaiClimate #AbuDhabi #WeatherAlert #Worldnews #Oneindia #Oneindianews
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The United Arab Emirates unveils a $544 million fund for repairs following record-breaking rains and widespread flooding. Learn more about the government's response to the aftermath of the historic rainfall and its commitment to supporting affected Emirati families.
#Dubai #DubaiFloods #DubaiRains #DubaiFlood #DubaiNews #UAEFloods #UAERains #UAENews #OmanRains #Oneindia
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NASA has unveiled striking images capturing the extensive flooding in the UAE following the recent torrential rainfall. Describing it as a "slow-moving storm," NASA highlighted the unprecedented deluge that inundated the Gulf states, surpassing a year's worth of rainfall in some regions. According to the UAE's meteorological department, the country received a staggering 6.04 billion cubic metres of rain last week, nearly equivalent to its annual precipitation of 6.7 billion cubic metres. This remarkable event underscores the magnitude of the weather phenomenon that swept across the region.
#DubaiFloods #UAEFloods #NASAImages #FloodedUAE #RainInUAE #UAEWeather #FloodMonitoring #NASAData #UAEEnvironment #ClimateChange
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Emirates and flydubai swiftly return to normal operations following severe flooding in Dubai. Thousands of flights disrupted, but resilience prevails. Stay updated on UAE travel news.
#Dubai #DubaiFloods #DubaiRains #DubaiFlood #DubaiNews #UAEFloods #UAERains #UAENews #OmanRains #Oneindia
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UAE faces unprecedented crisis as historic rainfall wreaks havoc across all seven Emirates, with total recorded rain doubling annual average. Authorities scramble to assess damage and aid rescue efforts. Concerns mount over further impact and long-term repercussions on region. Questions arise over connection to recent artificial rain experiments. Climate change implications raise fears of more frequent extreme weather events
#DubaiRains #dubaiflood #dubaifloodnewstoday2024 #dubaifloodinglive #dubaifloodslatestnewstoday #dubaifloodnewstoday #dubaiflood2024 #dubaifloodnews #dubaiflood2024live #dubaifloodvideo #Oneindia #Oneindia news
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The Group of Seven will meet in Turin on Monday, in the first big session of environment talks since the world pledged to transition away from coal, oil and gas at the UN's COP28 climate summit in December.
Credit: euronews (in English) Duration: 00:35Published
Lord Cameron has described the situation in the Middle East as 'very concerning' but says he hopes Israel will act in a way that does not heighten tensions.
Speaking in Jerusalem ahead of talks with prime minister Benjamine Netanyahu, the British foreign secretary also said he hopes to see co-ordinated sanctions against Iran from G7 countries, because it is responsible for 'so much of the malign activity' in the region. Report by Alibhaiz. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Ministers from around the world attended the Russian Energy Week international forum and shared their takes on today's affairs in the energy sector.
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