ERIKA JOHNSON
Biden waiving the ethanol rule in a bid to lower gasoline...
President Joe Biden traveled to Iowa to announce a strategy for reducing gas prices by temporarily suspending ethanol blending restrictions. The move aims to cut fuel costs by approximately 10 cents per gallon at select stations, addressing high inflation challenges facing American consumers.
Hundreds Of thousands hit Pakistani streets to protest Imran Khan’s ouster
Massive crowds of supporters, predominantly youth, filled streets across Pakistan's major cities, waving flags and expressing solidarity with former Prime Minister Imran Khan after his parliamentary no-confidence removal.
S&P downgrade indicates Russia headed for historic default
Standard & Poor's has downgraded Russia's credit rating to "selective default" after Russia attempted to pay foreign bond payments in rubles instead of dollars. The move suggests Russia is likely to default on external loans for the first time in over a century, impacted by international sanctions related to the Ukraine conflict.
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SpaceX launches 3 visitors to the space station for $55M each
SpaceX successfully launched three international entrepreneurs to the International Space Station, marking a milestone in commercial space travel. Passengers from the US, Canada, and Israel paid $55 million each for a week-long orbital experience, demonstrating the growing market for private space exploration.
Europe agrees to ban Russian coal but struggles with oil, gas
The European Union has agreed to ban Russian coal, marking its first significant energy sanctions over the Ukraine conflict. While the €4 billion annual ban represents a symbolic break from Russian energy dependence, deeper challenges remain in restricting oil and natural gas imports without triggering potential economic recession.
Germany seeks to boost renewable energy and cut Russian imports.
Germany's government unveiled a comprehensive energy reform package aimed at dramatically increasing renewable power generation. The 600-page "Easter package" prioritizes wind and solar energy expansion, streamlining bureaucratic processes and targeting nearly 100% renewable electricity by 2035. This strategic move addresses climate goals and reduces dependence on Russian energy imports.
The US hits Russia with ‘war crimes’ sanctions, Europe following.
The United States has launched a fresh wave of financial sanctions against Russia, focusing on President Vladimir Putin's family and blocking two major Russian banks. The move comes in response to alleged war crimes in Ukraine, with the UK and EU expected to follow suit in escalating economic pressure.
Guyana OKs Exxon’s $10B Yellowtail offshore oil project.
Guyana has granted ExxonMobil permission to develop its fourth offshore oil field, the $10 billion Yellowtail Project. Expected to produce up to 250,000 barrels per day, the project will come onstream by 2025, adding to the company's existing Liza and Payara fields.
WHO says 99% of the world’s population breathes poor-quality air.
The World Health Organization reports that nearly everyone worldwide breathes air failing its quality standards, highlighting severe health risks from pollutants that cause respiratory and cardiovascular problems, leading to millions of preventable deaths annually.
Lithuania cuts off Russian gas imports and urges the EU to...
Lithuania becomes first EU nation to fully stop Russian gas imports, declaring energy independence from Moscow amid Ukraine conflict. Energy ministry confirms complete cessation of Russian gas supplies, marking significant geopolitical stance against Russian energy pressure.


















