Politics

NOVATEK to replace European partners with Turkish ones - Turkish company will build a power plant for Arctic LNG-2

The power supply to the first line of the Arctic LNG-2 plant under construction will be provided by a floating thermal power plant manufactured by Turkey's Karpowership, Kommersant reports.The deadline for the plant's commissioning has not yet been announced.

Contacts with the Turkish company were made after the international Baker Hughes decided to stop servicing all Russian LNG projects, they announced the suspension of work "due to the risks of sanctions".

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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