Politics

Gas in Europe remains at record highs: dried-up rivers drive gas demand

The gas situation in Europe is getting worse by the day. In Europe, the Rhine, the main shipping artery, has shrunk to a record. The Rhine used to carry coal and oil for refining. Since the shoaling, the process has become much more difficult.

So the demand for Russian gas increased even more. And as of this morning it was reported that Gazprom had not booked additional capacity to pump through Ukraine. In the near future we will see new highs in the price of gas in the EU.

Hyundai has released a "copy" of the Tesla - Reuters

Hyundai Motor Co. on Thursday unveiled its first electric sedan, the Ioniq 6. The South Korean automaker expects the electric car to help it capture a larger share of the EV market, including poaching Tesla customers.

Bank of America has no plans to offer crypto services

BofA CEO Moynihan said that the company will not offer services related to cryptocurrency in the near future. However, he acknowledged the importance of digital payments in today's economy. According to Moynihan, the main obstacle to the crypto industry is regulatory problems. The SEC is suspicious of companies offering cryptocurrency

SEC Warns FTX Against Repaying Creditors in Cryptocurrency: A Detailed Analysis of the Legal and Financial Implications

The recent developments surrounding the now-defunct cryptocurrency exchange FTX have drawn significant attention, especially concerning the United States Securities and Exchange Commission's (SEC) warnings regarding the repayment of creditors in stablecoins and other cryptocurrencies. This issue brings to light the complexities and potential legal battles that could arise as FTX

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