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Russia’s $75 trillion in resources is why sanctions are impossible

3 weeks ago DieselGasoil Comments Off on Russia’s $75 trillion in resources is why sanctions are impossible
The country with the largest mineral reserves in the world, Russia, is the second top exporter of rare earth minerals. Its natural resources are estimated at tens of trillions of dollars. It has abundant supplies of oil, natural gas, timber and valuable minerals, such as copper, diamonds, lead, zinc, bauxite, nickel, tin, mercury, gold and Read More

Hess market cap plunges $1.5 billion, Exxon vessel blocked by Venezuelan protest

4 weeks ago DieselGasoil Comments Off on Hess market cap plunges $1.5 billion, Exxon vessel blocked by Venezuelan protest
By Joe Carroll on 12/25/2018 Ramform Tethys seismic vessel. Photo: PGS. HOUSTON (Bloomberg) — Hess Corp. tumbled the most in almost three years, wiping out $1.5 billion in market valuation, after work at the oil explorer’s most promising international investment was halted by a Venezuelan blockade. The intervention threatened to derail development of a 5-Bbbl Read More

Singapore's 'freegans' find treasure in trash

4 weeks ago DieselGasoil Comments Off on Singapore's 'freegans' find treasure in trash
SINGAPORE (Reuters) – A new movement in Singapore that seeks to reduce the amount of consumer waste in the affluent city-state is scavenging for unwanted goods, some in near-mint condition, that migrant workers can send home for the holidays. Filipina domestic worker Glendrose Gorriceta reacts after winning a free Louis Vuitton bag during a giveaway Read More

Exclusive: U.S. probe of China's Huawei includes bank fraud accusations: sources

2 months ago DieselGasoil Comments Off on Exclusive: U.S. probe of China's Huawei includes bank fraud accusations: sources
WASHINGTON (Reuters) – Chinese telecoms giant Huawei Technologies Co Ltd’s chief financial officer was arrested as part of a U.S. investigation into an alleged scheme to use the global banking system to evade U.S. sanctions against Iran, according to people familiar with the probe. A woman walks by a Huawei logo at a shopping Read More

Headhunt for right-wingers? Police to look into activists paying to dox ‘idiot’ Chemnitz protesters

2 months ago DieselGasoil Comments Off on Headhunt for right-wingers? Police to look into activists paying to dox ‘idiot’ Chemnitz protesters
In a quest to fight the “far-right,” a German activist group has launched a provocative name-and-shame campaign targeting Chemnitz anti-migrant protesters. The ploy sparked a police probe and was likened to Nazi practices. “Report your colleagues, neighbors or acquaintances this very day and get cash in return immediately!” – that is not some crazy slogan Read More

Trump: if no China trade deal possible, “I am a Tariff Man”

2 months ago DieselGasoil Comments Off on Trump: if no China trade deal possible, “I am a Tariff Man”
WASHINGTON (Reuters) – U.S. President Donald Trump on Tuesday held out the possibility of an extension of the 90-day trade truce with China but warned he would revert to tariffs if the two sides could not resolve their differences. FILE PHOTO: U.S. President Donald Trump, U.S. Secretary of State Mike Pompeo, U.S. President Donald Trump’s Read More

Cheer up girls! Russia’s diamond producer promises huge gemstones soon

2 months ago DieselGasoil Comments Off on Cheer up girls! Russia’s diamond producer promises huge gemstones soon
The global leader in diamond mining, Russia’s Alrosa, says it expects to discover new gemstone deposits shortly. The firm accounts for almost a third of global rough-diamond production. “We have huge geological exploration activities, and still expect major discoveries in Yakutia,” Alrosa’s CEO Sergey Ivanov told RBC TV Channel. He detailed that the company’s geologists Read More

WATCH: Jamaican minister belts out Bob Marley to celebrate UNESCO’s recognition of reggae

2 months ago DieselGasoil Comments Off on WATCH: Jamaican minister belts out Bob Marley to celebrate UNESCO’s recognition of reggae
A Jamaican UN delegation was so overjoyed to have reggae recognized as a UNESCO cultural treasure, it burst into a rousing sing-a-long of Bob Marley’s ‘One Love’. The United Nations Educational, Scientific and Cultural Organization (UNESCO) recognized the Jamaican music as a cultural treasure this week. Jamaica’s Culture Minister Olivia Grange was so delighted to Read More