Connect with us

Published

on

Just and democratic! “We are working in solidarity on the formulation of a more just and democratic multipolar world order,” said Russian President Vladimir Putin of his partnership with Chinese President Xi Jinping, lying through his teeth as he arrived in Beijing for diplomatic talks.

This month, Putin was inaugurated for yet another term as president. That he chose China as his first state visit of this term, and traveled with such a massive delegation, is of some significanceas well as the fact that the visit came on the heels of U.S. Secretary of State Antony Blinken’s China visit last month, in which he raised concerns over Xi’s enabling of Putin’s war in Ukraine.

During the meetings, Putin hyped how China is Russia’s top trade partner, as well as their future collaborations “in energy and nuclear power research,” perThe New York Times, though he neglected “mention of a proposed natural gas pipeline to China that Moscow would like to see built.”

A joint statement that emerged from the visit “spoke of concerns about what were described as U.S. efforts to violate the strategic nuclear balance, about global U.S. missile defence that threatened Russia and China, and about U.S. plans for high precision non-nuclear weapons,” reported Reuters.

Putin, whose military is currently assaulting the Ukrainian city of Kharkiv from above, needs to curry even more favor with Xi to win the war he started in Ukraine and ensure he can rely on Chinese help. (Ukraine, meanwhile, is awaiting more weapons shipments from the U.S., which have been substantially delayed.)

China “claims to take a neutral position in the conflict, but it has backed Moscow’s contentions that Russia was provoked into attacking Ukraine by the West, and continues to supply Russia with key components that Moscow needs for its productions of weapons,” reported the Associated Press.

Last year, China proposed a deal for peace, which left massive parts of Ukraine to Putin and was understandably rejected by Ukraine and pretty much all of the West. It’s in China’s best interest for the war to endRussia’s invasion “jolted the Chinese economy by pushing up oil, wheat and other commodity prices,” and Xi has not been thrilled by the heightened threat of nuclear warbut it has played a quite unserious role in actually bringing that about.

During this visit, Putin traveled with a huge delegation that was supposed to signal all the areas of overlap and cooperation between Russia and China. In the delegation, reported the Times, was”Alexander Novak, an official overseeing oil and gas, including the development of the Power of Siberia 2 natural gas pipeline.” The project would “redirect Russian gas supplies that had gone to Europe toward China instead,” but Xi and Putin have not yet publicly reached a deal to make it so.

Scenes from New York:”An NYPD officer who was guarding Mayor Eric Adams’ home in Brooklyn in 2022 unjustifiably shot a man who was entering his own apartment building, according to a federal lawsuit filed on Wednesday,” reportedGothamist.

Apparently cops who were guarding Adams’ house also arrested Tiffanie Narinesammy, a pregnant woman who lived inside the house where this all transpired. Narinesammy alleges in the suit that her rights were violated, as she was held in custody for 24 hours; she delivered a stillborn baby six weeks later, which the suit connects to the stress of the encounter. QUICK HITS The DublinNew York portala real-time video feed between the two cities, placed in two heavily trafficked tourist siteshad to be switched off, according to authorities, because women were getting topless and projecting their boobs across the pond. (Kind of shocked someone complained about this, actually.) “A onetime Citibank employee who earned a $130,000 salary working in New York stands to collect a $10 million severance award, thanks to Argentina’s pro-labor laws,” reportedBloomberg. “The case, which has been wending its way through the courts for more than a decade, crystallizes why Argentine PresidentJavier Mileiis vying to revamp the rules around hiring and firing, even as his country battles inflation of almost 290% a year and adeepening recession.” First Michelin-starred taco stand: El Califa de Len, in Mexico City. Even though it’s two years away, nobody has really emerged as a decent Gavin Newsom replacement in California’s gubernatorial race. On June 27, we’ll get our first faceoff between the two major-party presidential candidates, provided neither candidate’s dementia gets the best of them before then. Slovakia’s prime minister, Robert Fico, was shot yesterday and is in critical condition. Anti-fearmongering: Gays: Going to Pride ?
FBI: What if a terrorist k*lls you?
Gays: Is someone planning to do that?
FBI: Not that we know of but hypothetically it could happen.
???? pic.twitter.com/JGY3tor92m

— River Page (@river_is_nice) May 15, 2024

Continue Reading

Sports

Jets’ Scheifele misses G7 because of injury

Published

on

By

Jets' Scheifele misses G7 because of injury

Winnipeg forward Mark Scheifele did not play in Game 7 of the Jets’ first-round Stanley Cup playoff series against the St. Louis Blues on Sunday due to an undisclosed injury, coach Scott Arniel said.

Arniel ruled out Scheifele following the team’s morning skate. He was hurt in Game 5 — playing only 8:05 in the first period before exiting — and then did not travel with the Jets to St. Louis for Game 6. Arniel previously had said Scheifele was a game-time decision for Game 7.

Scheifele, 32, skated in a track suit Saturday, and Arniel told reporters the veteran was feeling better than he had the day before. Scheifele, however, was not able to participate in the Jets’ on-ice session by Sunday, quickly indicating he would not be available for the game.

Winnipeg held a 2-0 lead in the series over St. Louis before the Blues stormed back with a pair of wins to tie it, 2-2. The home team has won each game in the best-of-seven series so far.

The Jets’ challenge in closing out St. Louis only increases without Scheifele. Winnipeg already has been dealing with the uneven play of goaltender Connor Hellebuyck, a significant storyline in the series to date. Hellebuyck was pulled in all three of his starts at St. Louis while giving up a combined 16 goals on 66 shots (.758 SV%). In Game 6, Hellebuyck allowed four goals in only 5 minutes, 23 seconds of the second period.

Hellebuyck was Winnipeg’s backbone during the regular season, earning a Hart Trophy and Vezina Trophy nomination for his impeccable year (.925 SV%, 2.00 GAA).

Continue Reading

Sports

Stars expect Robertson, Heiskanen back in semis

Published

on

By

Stars expect Robertson, Heiskanen back in semis

Stars coach Pete DeBoer expects to have leading goal scorer Jason Robertson and standout defenseman Miro Heiskanen available in the Western Conference semifinals after both missed Dallas’ first-round series win over the Colorado Avalanche.

Following their thrilling Game 7 comeback victory over the Avalanche on Saturday night, the Stars await the winner of Sunday night’s Game 7 between the Winnipeg Jets and St. Louis Blues. If the Blues win, the Stars will have home-ice advantage in the best-of-seven series.

“I believe you’re going to see them both play in the second round, but I don’t know if it’s going to be Game 1 or Game 3 or Game 5,” DeBoer said after Saturday’s series clincher. “I consider them both day-to-day now, but there’s still some hurdles. It depends on when we start the series, how much time we have between now and Game 1. We’ll have a little better idea as we get closer.”

Robertson, 25, who posted 80 points (35 goals, 45 assists) in 82 games this season, suffered a lower-body injury in the regular-season finale April 16 and was considered week-to-week at the time.

Heiskanen hasn’t played since injuring his left knee in a Jan. 28 collision with Vegas Golden Knights forward Mark Stone. Initially expected to miss three to four months, the 25-year-old defenseman had surgery Feb. 4 and sat out the final 32 games of the regular season. In 50 games, he collected 25 points (five goals, 20 assists) and averaged 25:10 of ice time, which ranked fifth among NHL blueliners.

Continue Reading

Environment

U.S. crude oil prices fall more than 4% after OPEC+ agrees to surge production in June

Published

on

By

U.S. crude oil prices fall more than 4% after OPEC+ agrees to surge production in June

Logo of the Organization of the Petroleum Exporting Countries (OPEC)

Andrey Rudakov | Bloomberg | Getty Images

U.S. crude oil futures fell more than 4% on Sunday, after OPEC+ agreed to surge production for a second month.

U.S. crude was down $2.49, or 4.27%, to $55.80 a barrel shortly after trading opened. Global benchmark Brent fell $2.39, or 3.9%, to $58.90 per barrel. Oil prices have fallen more than 20% this year.

The eight producers in the group, led by Saudi Arabia, agreed on Saturday to increase output by another 411,000 barrels per day in June. The decision comes a month after OPEC+ surprised the market by agreeing to surge production in May by the same amount.

The June production hike is nearly triple the 140,000 bpd that Goldman Sachs had originally forecast. OPEC+ is bringing more than 800,000 bpd of additional supply to the market over the course of two months.

Oil prices in April posted the biggest monthly loss since 2021, as U.S. President Donald Trump’s tariffs have raised fears of a recession that will slow demand at the same time that OPEC+ is quickly increasing supply.

Oilfield service firms such as Baker Hughes and SLB are expecting investment in exploration and production to decline this year due to the weak price environment.

“The prospects of an oversupplied oil market, rising tariffs, uncertainty in Mexico and activity weakness in Saudi Arabia are collectively constraining international upstream spending levels,” Baker Hughes CEO Lorenzo Simonelli said on the company’s first-quarter earnings call on April 25.

Oil majors Chevron and Exxon reported first-quarter earnings last week that fell compared to the same period in 2024 due to lower oil prices.

Goldman is forecasting that U.S. crude and Brent prices will average $59 and $63 per barrel, respectively, this year.

Catch up on the latest energy news from CNBC Pro:

Continue Reading

Trending