Month: January 2022

Dollar Consolidates Gains as US Yield Curve Continues to Flatten

LONDON—The U.S. dollar consolidated gains on Monday after hitting a 1–1/2 year high on Friday as the Treasury yield curve extended a three-week flattening streak following hawkish comments by a Federal Reserve official. With the Fed clearly signaling its intent to raise interest rates as early as March after its meeting last week, money markets…


UK to Launch Brexit Freedoms Bill to Speed up Removal of EU Law

British Prime Minister Boris Johnson has set out plans for a “Brexit freedoms” bill to end the special status of EU law and enable the government to amend or remove outdated EU law more easily. On the two-year anniversary of the UK’s departure from the European Union, Downing Street unveiled plans it says will ease…


Peru Government and Repsol Revise Estimated Size of Oil Spill to Over 10,000 Barrels

LIMA—Peru’s environment ministry and Repsol SA on Friday increased the estimated size of a Pacific Ocean oil spill at a company refinery to over 10,000 barrels—significantly higher than an initial estimate of 6,000 barrels. Repsol said it had calculated the oil spilled to be equivalent to 10,396 barrels, in response to a revised government estimate…


Oil Rises on Geopolitical Risks, Supply Shortage

LONDON—Oil rose on Monday as a supply shortage and political tensions in Eastern Europe and the Middle East put prices on track for their biggest monthly gain in almost a year. Brent crude had risen 66 cents, or 0.7 percent, to $90.69 a barrel by 1005 GMT. The front-month contract for March delivery expires later…


US Department of Agriculture to Fund Port of Oakland Pop-Up Site to Tackle Shipping Delays

The U.S. Department of Agriculture (USDA) announced on Sunday that it will help fund a new container yard at California’s Port of Oakland in an effort to tackle ongoing shipping delays. “With the delays and disruptions that are occurring, market share is at risk,” U.S. Agriculture Secretary Tom Vilsack told Reuters. A new 25-acre acre “pop-up site”…


Bomb Attacks Hit Southern Thailand; 2 Killed in Police Raid

BANGKOK—Bombers set off at least 13 blasts in a town in southern Thailand overnight, and police killed two suspected insurgents in a separate raid after a 20-hour siege in a nearby province, authorities said on Saturday. While officials did not link the two incidents directly, the violence came weeks after the government reopened a dialogue…


Physically Challenged Man Sells Fruits On Roadside For Sick Mother

A good son who is trying to make a living and take care of his mom, and a kind man with a heart of gold.


Stocks Rebound but Head for Worst January Since 2016

LONDON—Stocks staged a modest rebound on Monday as traders put aside concerns about interest rate rises and the crisis in Ukraine to dip back in, but global equities are still headed for their worst January since 2016 after a bruising month. The rise in European shares follows a late surge on Wall Street on Friday…


Joe Rogan Denies Sharing COVID-19 Misinformation, Says He Is ‘Not Mad’ at Neil Young

Podcast host Joe Rogan has denied claims that he is trying to share misinformation about COVID-19 on his Spotify podcast after scientists and medical professionals, as well as singer Neil Young, claimed that he had. In a 10-minute video posted to Instagram on Sunday night, Rogan said he wanted to address the controversy over the past few days…


Video: Meet the Baby Who Started Swimming at 6 Months Old, Taking to Water Like a Fish

Watching the decade-old footage of this little baby paddle underwater seems like the most natural thing in the world. Elizabeth, who turned 11 this January, began her swimming journey at just 6 months old; her parents capturing her most magical moments. Elizabeth has plenty of other interests, but water remains her first love. “She has…