Exclusive: U.S. will allow two companies to ship Venezuelan oil to Europe
The volume of oil Eni and Repsol are expected to receive is not large, one of the people said, and any impact on global oil prices will be modest.
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5 reasons why Bitcoin could be a better long-term investment than gold
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The Queen’s Jubilee long weekend, which (according to The Royal Mint) means “shared lunches, street parties and concerts.”
We’re not so sure about the whole “shared lunches” thing, but we are sure there will be plenty of celebration here in the UK.
Platinum Jubilee: Crowds cheer Queen at the palace as Jubilee begins
Senior royals gathered on Buckingham Palace balcony for the first time since the pandemic
Biden authorizes additional $800 million in military assistance for Ukraine
Biden announced another $800 million in military assistance on Wednesday following a phone call with Ukrainian President Volodymyr Zelenskyy.
Since Moscow’s Feb. 24 invasion, the Biden administration has deployed more than 100,000 U.S. troops to NATO-member countries and authorized $2.6 billion in security assistance.
Moderna looks to test Covid-19 booster shots a year after initial vaccination
Moderna is planning to test the safety and immune response from giving a booster shot of its Covid-19 vaccine one year after initial vaccination.
The duration of protection from Covid-19 vaccines isn’t yet known.
Its clinical trial sites have already begun outreach to volunteers from earlier trials.
U.S. slaps tariffs on French and German wines, aircraft parts in EU dispute
U.S. trade officials said on Wednesday they were increasing tariffs on certain European Union products, including aircraft-related parts and wines from France and Germany.
The new tariffs are the latest action in the 16-year U.S.-EU dispute over civil aviation subsidies involving European aircraft company Airbus and its U.S.-based rival Boeing.
Indonesia has a ‘surprising’ way to fund a larger government deficit — but its currency suffers
Indonesia’s currency, the rupiah, is the worst-performing Asian currency so far this year partly due to investor concerns over its central bank helping to finance a larger government deficit.
The “debt burden sharing” arrangement involves the central bank buying 397.6 trillion Indonesian rupiah ($26.97 billion) worth of government-issued bonds to fund increased spending to fight the coronavirus.
The program has been likened to an unconventional tool called quantitative easing, which has until recently been used only by major central banks in developed economies such as the U.S. and Europe.
Indonesia, Southeast Asia’s largest economy, recorded its first economic contraction in more than two decades as it struggles to contain the coronavirus outbreak.
