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☆ A California man charged with smuggling greenhouse gases hints at the revival of a decades-long black market
▼ + stars: | 2024-03-09 | by ( Morgan Mcfall-Johnsen | Jenny Mcgrath | ) www.businessinsider.com time to read: +8 min

But there's also a blooming black market in greenhouse gases. HFCs are commonly used in refrigerators and air conditioners, but they're also potent greenhouse gases. There's been a thriving black market for climate-altering refrigerant chemicals since the 1990s, at times as lucrative as selling cocaine. KAMIL KRZACZYNSKI/AFP via Getty ImagesThe black market "comes with the territory" of regulation, Doniger said. At the height of the CFC black market, many cars still used those refrigerants for their air conditioners.

Persons: there's, hydrofluorocarbons, they're, Adrees Latif, Michael Hart, Tara McGrath, There's, Hart, Carlo Allegri, David Doniger, HFCs, Avipsa, Victor Molina, KAMIL KRZACZYNSKI, Mahapatra, Doniger Organizations: Service, Department of, Business, Facebook, Department of Justice, Reuters, Natural Resources Defense Council, NASA, Environmental Investigation Agency, Getty, EPA, Department of Homeland Security, Department of Defense, DOJ, US Attorney's, Southern, of, New York Times, CFC Locations: San Diego, Mexico, Port of Miami, Montreal, Elk Grove Village , Illinois, AFP, United States, of California, HFCs, Europe

☆ Speaker Mike Johnson once again stuck in the middle as funding deadline looms
▼ + stars: | 2024-02-22 | by ( Lauren Fox | Melanie Zanona | ) edition.cnn.com time to read: +8 min

“Now, we are in a fully Johnson-run House, and he’s got to own all the decision making in the 12 appropriations bills. Probably not best for public policy either,” Republican Rep. Patrick McHenry of North Carolina, the chairman of the House Financial Services Committee, said. Johnson is facing pressure from members of the House Freedom Caucus to include dozens of policy riders that would never pass in the Democratic-controlled Senate. Just a week later, funding for the rest of the government will also lapse. I think we will see another omnibus appropriation bill.”Asked if that causes a problem for Johnson, Bishop argued, “The speaker didn’t create those problems.”

Persons: Mike Johnson, Senate appropriators, Johnson, he’s, That’s, Patrick McHenry of, “, imploring, Alejandro Mayorkas’s, they’ll, can’t, Chuck Schumer, –, Kevin McCarthy, ” Rep, Don Bacon, “ It’s, Mayorkas, Warren Davidson, ’ ”, Davidson, Andy Biggs, “ We’ve, ” Biggs, Dan Bishop, ”, Bishop Organizations: Republicans, Senate, ” Republican, Financial Services, Caucus, Democratic, Homeland, FBI, HFC, Department of Agriculture, Veteran’s Affairs, Transportation, Housing, Energy, Water, CNN, Congress, ”, Republican, Defense Department, Foreign Intelligence, GOP, “ Locations: Patrick McHenry of North Carolina, Florida, Nebraska, Ukraine, Ohio, North Carolina

☆ US tackles climate-warming HFC industrial gases with new rules
▼ + stars: | 2023-10-06 | by ( ) www.reuters.com time to read: +2 min

Signage is seen at the headquarters of the United States Environmental Protection Agency (EPA) in Washington, D.C., U.S., May 10, 2021. The EPA also issued a proposal that aims to improve how HFCs are managed and reused, setting requirements for repairing leaky equipment, rules for using reclaimed HFCs and leak detection rules for large refrigeration equipment. The two regulatory actions come after the EPA issued a final rule in July phasing down the use of HFCs by 40% below historic levels from 2024 to 2028. The Senate voted 69-27 in September last year to ratify the global Kigali amendment to the Montreal Protocol that calls for the phase-down of HFCs. Reporting by Valerie Volcovici; Editing by Alexander SmithOur Standards: The Thomson Reuters Trust Principles.

Persons: Andrew Kelly, Ali Zaidi, Valerie Volcovici, Alexander Smith Organizations: United States Environmental Protection Agency, Washington , D.C, REUTERS, Rights, Environmental Protection Agency, EPA, Manufacturing, White, Thomson Locations: Washington ,, Kigali, Montreal, HFCs, U.S

☆ The stock market reaction to government shutdowns may surprise you
▼ + stars: | 2023-09-13 | by ( Hakyung Kim | ) www.cnbc.com time to read: +3 min

But surprisingly, the stock market has historically gone up when the government shuts down, according to Raymond James. "Markets are largely unaffected in the lead up to a shutdown, and on average continue to rise in the 30 days following the resolution of a shutdown," Mills said. Other sectors in the broad market index that have had historically strong showings during shutdowns include communications services, consumer staples and technology. Ultimately, a government shutdown will not likely create lasting effects in the market, according to Raymond James. Not only are Democrats and Republicans on different pages, but Republicans are also not singing from the same sheet of music as other Republicans," Mills said.

Persons: Raymond James, Ed Mills, Mills, Biden, furloughs, — CNBC's Michael Bloom Organizations: Energy, Congress, Republican, Representatives, Freedom Caucus, Congressional Democrats, Senate Republicans, Senate Democrats, Caucus, Republicans Locations: U.S, Ukraine

WASHINGTON, July 6 (Reuters) - U.S. Representative Marjorie Taylor Greene, a staunch ally of former President Donald Trump, has been voted out of the hardline House Freedom Caucus group after clashing with a fellow lawmaker, a caucus member said. "A vote was taken to remove Marjorie Taylor Greene from the House Freedom Caucus for some of the things she's done," Republican Representative Andy Harris told Politico, adding that Greene's support for House of Representatives Speaker Kevin McCarthy may have also contributed to her ouster from the group. In a statement to the media on Thursday evening, Greene did not directly address her Freedom Caucus membership but said: "In Congress, I serve Northwest Georgia first, and serve no group in Washington." A spokesperson for the House Freedom Caucus, founded in 2015, said in an email: "HFC does not comment on membership or internal process." In 2021, when Democrats controlled the House, they stripped Greene of her committee assignments for incendiary remarks that included support for violence against political opponents.

Persons: Marjorie Taylor Greene, Donald Trump, firebrand Greene, Lauren Boebert, Joe Biden, Andy Harris, Kevin McCarthy, Harris, Greene, Trump, Politico, McCarthy, Biden, Kanishka Singh, David Morgan, Doina Chiacu, Scott Malone, Daniel Wallis Organizations: Caucus, Democratic, House, Politico, Northwest, Republican, Republicans, Thomson Locations: Georgia, Northwest Georgia, Washington, America

☆ Republican Marjorie Taylor Greene removed from US House Freedom Caucus, Politico reports
▼ + stars: | 2023-07-06 | by ( ) www.reuters.com time to read: +2 min

WASHINGTON, July 6 (Reuters) - U.S. Representative Marjorie Taylor Greene, a staunch ally of former President Donald Trump, has been voted out of the ultra-conservative Freedom Caucus group in the House of Representatives, Politico reported on Thursday. "A vote was taken to remove Marjorie Taylor Greene from the House Freedom Caucus for some of the things she's done," Republican Representative Andy Harris was quoted as saying by the political news outlet. A House Freedom Caucus spokesperson said in an email: "HFC does not comment on membership or internal process." The formal vote came shortly after reports that Greene and fellow caucus member Representative Lauren Boebert got into a heated clash on the House floor last month, with Greene hurling insults at Boebert. "I think the way she referred to a fellow member was probably not the way we expect our members to refer to other fellow, especially female, members," Harris told Politico, referring to Greene.

Persons: Marjorie Taylor Greene, Donald Trump, Andy Harris, Greene, Lauren Boebert, Harris, Politico, Kevin McCarthy, McCarthy, Joe Biden, Kanishka Singh, David Morgan, Doina Organizations: Freedom Caucus, Politico, House, Caucus, Maryland Republican, Republicans, Republican, Democratic, Thomson Locations: Georgia, Washington

In the fiscal year 2022 through 2023, HDFC raised 784.15 billion from the debt market, higher than the 500 billion rupees a year before. It has raised 460.62 billion rupees since April this year. Mutual funds hold around 270 billion rupees of HDFC's bonds as of May 31, data from information service provider Prime Database showed. Rival LIC Housing Finance may be the biggest beneficiary of HDFC exiting the market, fund managers said. Other competitors such as ICICI Home Finance, Bajaj Housing Finance, Tata Capital Housing Finance and Shriram Housing Finance could also see an increase in demand for their debt issuances, they said.

Persons: HDFC, Raju Sharma, HFCs, Ajay Manglunia, Laukik Bagwe, Bagwe, IDBI Mutual Fund's Sharma, Dharamraj Dhutia, Dhanya Ann Thoppil Organizations: Housing Development Finance Corp, HDFC Bank, Reuters, IDBI Mutual Fund, Securities and Exchange Board of India, JM Financial, AAA, Mutual, LIC, Finance, ICICI Home Finance, Bajaj Housing Finance, Tata Capital Housing Finance, Shriram Housing Finance, Mutual Fund, IDBI Mutual, Thomson Locations: MUMBAI, India, HDFC

☆ Savea ties Super Rugby try-scoring record but Drua stun Canes
▼ + stars: | 2023-05-06 | by ( ) www.reuters.com time to read: +3 min

May 6 (Reuters) - Julian Savea crossed twice to equal Israel Folau's Super Rugby record of 60 tries but it was not enough to stop the Fijian Drua adding the Wellington Hurricanes to their list of victims in Suva on Saturday. A noisy crowd at HFC Bank Stadium erupted in delight as replacement back Kemu Valetini kicked two penalties in the last five minutes to give the Drua a 27-24 win, a fourth victory in their second season in Super Rugby Pacific. "The Drua came out to play and they played the whole 80 and put us under a lot of pressure ... Flanker Du'Plessis Kirifi then gave the Hurricanes a 24-14 lead with a converted try under the posts but the Drua would not lie down. Savea, who was playing in his 150th Super Rugby match in his final season with the Hurricanes, was still appreciative of having matched former Wallabies fullback Folau's tally.

☆ 5 ways House Republicans' budget plan 'will be a disaster for families,' according to the White House
▼ + stars: | 2023-03-20 | by ( Ayelet Sheffey | Juliana Kaplan | ) www.businessinsider.com time to read: +4 min

The House Freedom Caucus unveiled a plan to address the debt ceiling through major spending cuts. The White House launched a campaign attacking the plan on Monday, saying it would be disastrous for families. In a release, the White House said that they're joining forces with Congressional Democrats to go on the offense as House Republicans head to Florida for their retreat. Specifically, the White House is hitting out at how the proposal would weaken public safety and national security, according to a White House official. —House Freedom Caucus (@freedomcaucus) March 13, 2023"It should shock no one that financially responsible proposals terrify and confuse this administration," it wrote.

Florida Governor Ron DeSantis hasn’t announced a presidential bid yet, but that hasn’t stopped him from receiving his first congressional endorsement. The endorsement comes weeks after Roy, among others, attended a Florida donor confab held for DeSantis. The focus of that event was how to replicate DeSantis’ Florida wins nationwide—but the clear subtext was the looming presidential race and the expectation that DeSantis could parlay his consistently high polling position into an official presidential run. (DeSantis himself was a founding member of the Freedom Caucus when he served in the House.) South Carolina Rep. Ralph Norman, another HFC member, threw his support behind former South Carolina Gov.

☆ House conservatives issue new list of demands that could upend debt ceiling talks
▼ + stars: | 2023-03-10 | by ( Christina Wilkie | ) www.cnbc.com time to read: +4 min

WASHINGTON — A powerful bloc of U.S. House conservatives on Friday issued new demands that they said must be met before they would agree to vote to raise the debt ceiling. The demands go well beyond what other House Republicans have said they want, and threaten to upend talks later this year on a vote to raise the debt ceiling, currently set at $31.4 trillion. But he has left open the possibility of winning support in the House for a debt ceiling hike through negotiations on next year's federal budget. The 182-page document is widely viewed as the White House's opening salvo in the debate with House Republicans. House Budget Committee Chairman Rep. Jody Arrington, R-Texas, said Friday at the Ways and Means hearing that his committee's budget process had been delayed by the administration's timing.

☆ UN says ozone layer slowly healing, hole to mend by 2066
▼ + stars: | 2023-01-09 | by ( The Associated Press | ) www.nbcnews.com time to read: +4 min

Earth’s protective ozone layer is slowly but noticeably healing at a pace that would fully mend the hole over Antarctica in about 43 years, a new United Nations report says. “In the upper stratosphere and in the ozone hole we see things getting better,” said Paul Newman, co-chair of the scientific assessment. Natural weather patterns in the Antarctic also affect ozone hole levels, which peak in the fall. A third generation of those chemicals, called HFC, was banned a few years ago not because it would eat at the ozone layer but because it is a heat-trapping greenhouse gas. The report also warned that efforts to artificially cool the planet by putting aerosols into the atmosphere to reflect the sunlight would thin the ozone layer by as much as 20% in Antarctica.

☆ De la ospătar la agent care face sute de milioane de euro. Povestea lui Mino Raiola, omul care a revoluționat transferurile
▼ + stars: | 2020-12-17 | by ( ) www.jurnal.md time to read: +2 min

Povestea lui Raiola a început în restaurantul familiei. După ce a crescut, a lucrat ca ospătar în restaurantul familiei, cu specific italian și numit Napoli, și era cel care ținea legătura cu clienții, pentru că învățase olandeză mai bine decât tatăl său. Spre exemplu, când un client al restaurantului familiei s-a plâns de probleme cu furnizorii săi italieni, Raiola a rezolvat lucrurile. Atunci a legat o conexiune puternică cu Zlatan Ibrahimovic, care avea să-i aducă peste o sută de milioane de euro de-a lungul anilor. Spre exemplu, în 2012, Sir Alex Ferguson a povestit că era gata să-i prelungească înțelegerea lui Paul Pogba, dar Raiola a intrat în birou și a anulat tot.

Persons: Raiola, Mino, Zlatan, Sir Alex Ferguson, Paul Pogba Organizations: Ajax, Manchester United, Juventus Locations: Italiei, Salerno, Olanda, Napoli, Haarlem, Italia, Sparta Praga, Lazio, Monaco

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