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President-elect Donald Trump said on Saturday that oil and gas industry executive Chris Wright, a staunch defender of fossil fuel use, would be his pick to lead the Department of Energy. Wright is the founder and CEO of Liberty Energy, an oilfield services firm based in Denver. He has stood out among oil and gas executives for his freewheeling style, and describes himself as a tech nerd. The secretary also oversees the aging U.S. nuclear weapons complex, nuclear energy waste disposal, and 17 national labs. If confirmed by the Senate, Wright will replace Jennifer Granholm, a supporter of electric vehicles, emerging energy sources like geothermal power and a backer of carbon-free wind, solar and nuclear energy.
Persons: Donald Trump, Chris Wright, Wright, we’re, ” Wright, Biden, Trump, Jennifer Granholm Organizations: Department of Energy, Liberty Energy, Strategic Petroleum Reserve, Office, Senate, Republicans, Democrats Locations: Denver, Soviet, U.S, , United States
CNN —President-elect Donald Trump on Saturday named Chris Wright, the CEO of Denver-based fracking company Liberty Energy, as his pick to be the next secretary of the Department of Energy. Wright will also serve as a member on the newly formed Council of National Energy, which Trump said will consist of all agencies involved in the “permitting, production, generation, distribution, regulation, transportation” of energy. In addition to his company’s work on fracking oil and natural gas, Wright also sits on the board of a modular nuclear reactor company and has talked about the potential of nuclear energy. Developing nuclear energy has become a big focus of the Biden administration’s Energy Department. “Standing in the way of today’s energy system before we’ve built a new energy system, there’s just no upside in that,” Wright told CNBC.
Persons: Donald Trump, Chris Wright, Wright, Trump, Doug Burgum –, “ Chris, Chris, ” Trump, Harold Hamm, ” Wright, Joe Biden, , we’ve, Organizations: CNN, Liberty Energy, Department of Energy, of National Energy, North Dakota Gov, Department of, Energy, Gas, American Energy Independence, Global Energy Markets, Biden administration’s Energy Department, National Nuclear Security Administration, Hart Energy, CNBC, International Energy Agency Locations: Denver, Oklahoma
WAXHAW, N.C. — Pro-Trump signs outnumber the ones for Harris outside of the Wesley Chapel volunteer fire department, an early voting site in Union County, North Carolina. A crumpled Harris sign adds to pre-election stress in the Union County, North Carolina. Patrick Martin / NBC NewsBryan Robinson, another Union County resident, echoed concerns about the potential for violence and retaliation. Leigh Benish and her son at their church in Butler, Pa. Election-related anxiety, Benish said, has kept her up at night. Leigh BenishThe onslaught is so overwhelming that Benish, a church pastor in Butler, has begun to focus on election stress in sessions with her counselor.
Persons: Harris, , Lisa, Kamala Harris, Walz, , Patrick Martin, Bryan Robinson, “ I’m, Vaile Wright, Bryan Sexton, ” Sexton, Elijah Nouvelage, Leigh Benish, “ I’ve, Benish, Donald Trump, ” Benish, Wright, ” Wright, Sexton, Lisa Quebedeaux, she’s, ” Quebedeaux Organizations: , Trump, Wesley Chapel, Democratic, NBC, American Psychological Association, Duke Center for, ” Media, Butler Locations: N.C, Union County , North Carolina, Charlotte, South Carolina, It’s, Union County, Arizona, Georgia, Michigan, Nevada , North Carolina , Pennsylvania, Wisconsin, Durham , North Carolina, Duluth , Ga, Butler , Pennsylvania, Pennsylvania, Butler, Pa
For many families, child care is often the biggest. Thanks to a state program launched during the recovery from the pandemic, they pay nothing for child care. Vice President Kamala Harris proposes capping child care costs at 7% of working families’ incomes, along with an up-to-$6,000 expanded child tax credit for those with newborns. The permanent fund now funnels more than $150 million from fossil fuel producers into child care subsidies, state officials estimate. As elder care costs continue to outpace inflation, the Democratic ticket sees that constituency as key to victory.
Persons: Maggie Wright, JJ Oviedo, Patricio, Uriel, , Wright, JJ, , ” Maggie Wright, Oviedo, Michelle Lujan Grisham, Kamala Harris, Donald Trump hasn’t, , Elizabeth Groginsky, Lujan Grisham, family’s, they’ve, she’s, Harris, ” Wright, ’ ”, Taryn Morrissey, ” Morrissey, Deyanira Contreras, Randy Orona, Torres, Contreras, ” Orona Organizations: SANTA FE, Democratic Gov, Fund, Childhood, Care Department, U.S, Labor Department, Wright, Democratic, American University’s School of Public Affairs, , Kids, Kids Campus Locations: SANTA, Oviedo, Santa Fe, , New Mexico, Fe, McDonald’s
Scientists with the National Weather Service and the National Hurricane Center began sounding the alarm as early as Sept. 23. In a YouTube video posted that morning, the National Hurricane Center’s deputy director, Jamie Rhome, described a tropical cyclone that would “briskly develop” into a hurricane. Monday night, the National Weather Service posted on X that heavy rain and powerful wind gusts would hit the Southeast later in the week. “It is not common for the National Weather Service to use words like ‘catastrophic’ to describe forecasts,” Buncombe County Manager Avril Pinder said at a news conference Thursday morning. That has made even apolitical groups like the National Oceanic and Atmospheric Administration (NOAA) and the National Weather Service a target of some Republicans.
Persons: Hurricane Helene, Amanda Wright, Wright, ” Wright, , Jamie Rhome, David Novak, Avril Pinder, grimly, ” Novak, , Mae Creadick, Donald Trump, Helene, ” Trump, Kelli Burns, ” Burns, Chris Gloninger, Gloninger, we’re, ” Gloninger, Asheville ”, ” Ophir Organizations: Hurricane, National Weather Service, National Hurricane Center, NWS, Prediction, Social, NBC News, , Oceanic, Atmospheric Administration, NOAA, University of South, University of Buffalo Locations: U.S, Knoxville , Tennessee, Asheville , North Carolina, Florida’s Big Bend, Hurricane, North, Buncombe, Taylor County , Florida, Buncombe County, Asheville, Columbia , South Carolina, ” In Tennessee, University of South Florida, North Carolina, Kings Mountain , North Carolina, Ophir
Tourists visit an ancient city gate in Beijing, China ahead of National Day. The stock market may be in the midst of one of its most remarkable turnarounds, but economists say reversing China’s economic downturn will require much more work. “Stimulating the stock market doesn’t really do much for the real economy in China. Very few people invest in the stock market compared to other major markets,” said Logan Wright, director of China markets research at Rhodium Group. Property woesThe outlook for the real estate industry, which makes up about a quarter of the Chinese economy and 70% of household wealth, remains dim.
Persons: Japan’s “, Xi Jinping, Xi, Xu Tianchen, Hong, David Tepper, , Logan Wright, Wright, There’s, ” Wright, , hasn’t, Alfred Wu, Lee Organizations: Hong Kong CNN, Economist Intelligence Unit, Reuters, Shenzhen bourses, Securities Times, Tourists, Management, CNBC, Barclays, Communist Party, Lee Kuan Yew, of Public, National University of Singapore Locations: Hong Kong, China, People’s Republic, United States, Beijing, Shanghai, Shenzhen, Guangzhou, China’s, Xi’s
In Catawba County, North Carolina, a 4-year-old who lit up every room she walked into was killed in a head-on car crash on a rainy road. And in Charlotte, North Carolina, a tree fell on a home, killing a resident. Leon Davis via FacebookOn Thursday morning, Davis’ brother, James Carlas Davis, who lives in Mississippi, texted Davis, their two sisters and other family members in a group text chat and asked whether they were ready for Helene. In North Carolina, officials said a resident of Charlotte was pronounced dead early Friday after wind and rain caused a tree to topple onto their home. Gaddis, who lives in Iredell County, North Carolina, added that her faith has helped her through the tragedy of losing Luna.
Persons: Hurricane Helene, Vernon Leon Davis, Christopher Wright, Davis, Wright, Blackshear, ” Wright, , ” Leon Davis, Leon Davis, James Carlas Davis, texted Davis, Helene, emoji, James Davis, Shirley, ” Davis, Rellina Davis Lester, , Luna Jade Gaddis, Luna, Lyndsey Nicole Gaddis, Tiffany Miner Sipe, Elizabeth Gaddis, Gaddis, Him, Vernon Leon Davis ’, Lester, ” Lester Organizations: Blackshear Police, Facebook, North Carolina, Patrol, NBC News, Locations: Blackshear , Georgia, Hurricane, Catawba County , North Carolina, Charlotte , North Carolina, Florida , Georgia, Virginia, Carolinas, In Georgia, Mississippi, North Carolina, Charlotte, Catawba, Claremont, Iredell County , North Carolina, Georgia, Ware, Culloden , Georgia, Germany, Fort Knox , Kentucky, Fort Hood , Texas
Tyre Nichols trial update: Former officer testifies
  + stars: | 2024-09-17 | by ( Associated Press | ) edition.cnn.com   time to read: +6 min
The four men, along with fellow officer Desmond Mills Jr., were fired after the January 2023 death of Nichols. For the first time in the trial, jurors heard from one of the officers who beat Nichols. Haley eventually stopped Nichols’ Nissan, pulled out his gun and snatched Nichols from his vehicle without telling Nichols why he was stopped. Former officer: Memphis officers are not trained to punch or kick peopleVideo also shows the officers milling about and talking as Nichols struggles with his injuries. In this still from video released by the City of Memphis, officers from the Memphis Police Department beat Tyre Nichols on a street corner.
Persons: Tyre Nichols, Emmitt Martin III, Tadarrius Bean, Demetrius Haley, Justin Smith, Nichols, Desmond Mills Jr, Martin, Mills, , Ben Crump, Haley, Nissan, ” Martin, Jan, Elizabeth Rogers, , Larnce Wright, Wright, Martin Zummach, handcuff Nichols, Zummach, Smith, ” Zummach, ” Kevin Whitmore, Bean’s, ” Wright Organizations: Tennessee AP, Memphis, Scorpion, Memphis police, City, Memphis Police Department Locations: Memphis, Tennessee, City of Memphis, City
CNN —Data from a retired NASA mission has revealed evidence of an underground reservoir of water deep beneath the surface of Mars, according to new research. A team of scientists estimates that there may be enough water, trapped in tiny cracks and pores of rock in the middle of the Martian crust, to fill oceans on the planet’s surface. NASA's Mars Reconnaissance Orbiter took an image of InSight sitting on the Martian surface on February 2, 2019. “It’s certainly true on Earth — deep, deep mines host life, the bottom of the ocean hosts life. Windows into Martian historyThe findings add a new piece to the Martian water puzzle.
Persons: , Vashan Wright, , Mars, orbiters, InSight’s seismometer, Wright, James Tuttle Keane, Aaron Rodriguez, Michael Manga, “ It’s, haven’t, Alberto Fairén, Fairén, Bruce Banerdt, we’re, Banerdt, al, ” Banerdt, , ” Wright Organizations: CNN, NASA, National Academy of Sciences, Reconnaissance Orbiter, JPL, Caltech, University of Arizona, University of California, Diego’s Scripps, of Oceanography, Mars, Interior Exploration, Transport, Scripps Institute of Oceanography, University of Maryland, Cornell University Locations: Mars, Berkeley
The star is one of a binary pair, so the planet orbits the primary star, while the primary star orbits a secondary star. While Jupiter takes 4,000 Earth days to complete one orbit around the sun, hot Jupiters complete one orbit every few days. Astronomers use “eccentric” to refer to the shape of a planet’s orbit on a scale from zero to 1. “It’s a pretty extreme process in that the changes to the planet’s orbit are massive,” Millholland said. Discovering a second hot Jupiter precursor is helping astronomers to confirm the idea that high-mass gas giants transform into hot Jupiters as they migrate from eccentric to circular orbits, the researchers said.
Persons: , , Arvind Gupta, NOIRLab, Gupta, Suvrath Mahadevan, Verne, Willaman, Jason Wright, ” Wright, ” Gupta, Sarah Millholland, , ” Millholland, Wright, James Webb Organizations: CNN —, Penn State, Astronomy, Mercury, NASA, Massachusetts Institute, Technology’s Kavli, for Astrophysics, Space Research, chrysalis Locations: Kitt, Arizona
CNN —For much of her life, Vivian Maier was something of a mystery. A crying child, photographed by Vivian Maier in Grenoble, France, in 1959. Vivian Maier/Courtesy Fotografiska New YorkVisitors take in photographs on display at Fotografiska's “Vivian Maier Unseen Work” in New York. In 2011, Maloof published a book, “Vivian Maier: Street Photographer,” and with the filmmaker Charlie Siskel co-directed the 2013 documentary “Finding Vivian Maier,” which was nominated for an Academy Award. In a self-portrait featured in “Vivian Maier Unseen Work," the photographer lenses herself in profile, reflected in a hand mirror.
Persons: Vivian Maier, Maier, “ Vivian Maier, , Anne Morin, Leandro Justen, Morin, Robert Frank, Diane Arbus, ” Morin, , Maier’s, Sophie Wright, Vivian, ” Wright, Dario Lasagni, John Maloof, Maloof, Charlie Siskel, Chicago’s, Carl, Maier hasn’t, Wright, Lane, Matthew Gensburg, York Maloof, Howard Greenberg, Organizations: CNN, New, Fotografiska, York Visitors, Kodak, Central, Flickr, Court, du Locations: New York, Chicago, York, Swedish, Grenoble, France, Central Park , New York, ” New York, America, California, Europe, Asia, , Chicago’s Cook, du Luxembourg, Paris
Nevada Attorney General Aaron Ford said he’ll take the issue to the state Supreme Court after Clark County District Court Judge Mary Kay Holthus ruled that Las Vegas was the wrong venue for the case. “They’re done,” said Margaret McLetchie, attorney for Clark County Republican Party chairman Jesse Law, one of the defendants in the case. The state Republican Party issued a statement welcoming the court decision, pointing to Ford’s vow to appeal and asking for contributions to continue the court fight. Chattah ran as a Republican in 2022 for state attorney general and lost to Ford by just under 8% of the vote. Also, unlike other states, Nevada did not have a legal challenge pending in courts at the time.
Persons: Donald Trump, Aaron Ford, he’ll, Mary Kay Holthus, we’ll, ” Ford, “ They’re, , Margaret McLetchie, Jesse Law, Michael McDonald, Jim DeGraffenreid, Shawn Meehan, Jim Hindle, Eileen Rice, McDonald’s, Richard Wright, Ford, ” Wright, Holthus, Matthew Rashbrook, McDonald, Brian Hardy, Meehan, Sigal Chattah, Chattah, Joe Biden, Kenneth Chesebro, Chesebro, Trump, Biden, State Barbara Cegavske, Cegavske Organizations: LAS VEGAS, Las, Clark County Republican, Democratic, Republican, , Republican Party, Convention, Ford, Trump, State Locations: Nevada, Clark, Las Vegas, Carson, Douglas, Storey County, Carson City, Reno, , Nevada’s Storey, Milwaukee, Arizona, Georgia, Michigan, New Mexico, Pennsylvania, Wisconsin
There is a focus on fake stories to influence attitudes on subjects like the wars in Ukraine and Gaza. But for the past year, the climate crisis has been the second-most targeted subject, according to the European Digital Media Observatory (EDMO). Official statistics, however, tell a different story: In 2022, renewables accounted for 23% of the energy consumed in the EU. The EU is considered a global leader in tackling planet-heating pollution, but climate disinformation could undermine the bloc’s ambitious goal to reduce carbon emissions by 90% by 2040, compared with 1990 levels. Its community standards policy in the past had only targeted video, but in April, it was expanded to include audio.
Persons: Morgan Wright, , streetlights, Paula Gori, , Gori, EU DisinfoLab, Wright, Gaizka Iroz, they’ve, “ They’ve, ” Gori, Pallavi Sethi, , , Facebook —, ” Wright Organizations: CNN, European Union, EU, Guardian, Bild, European Digital Media, Facebook, Getty, West, Grantham Research, London School of Economics, stoke, Services, European, Meta Locations: European, Russia, United States, United Kingdom, American, Europe, Germany, Ukraine, Gaza, EU, Spain, France, Biriatou, AFP, Africa, Asia, industrializing, Gori, Italy, Croatia, Poland, England, Grantham, Prague, Russian, Slovakia, Moscow
His second arrest Thursday was on a new warrant for the exact same charges. In a brief order, district Judge Otis Wright, who will oversee the criminal case against Smirnov in California, raised the possibility that Smirnov’s defense lawyers might be trying to make it easier for him to flee the United States. Wright has scheduled a detention hearing for Smirnov in his Los Angeles courtroom for Monday morning. As a result, the public should have confidence that it will be conducted consistent with the rule of law,” Smirnov’s attorneys wrote. “In this case, the Court has prejudged the detention issue.”Smirnov’s attorneys declined to comment on Wright’s order.
Persons: Alexander Smirnov, ” Smirnov, Joe Biden’s, Prosecutors, Smirnov, Otis Wright, Defendant Smirnov, ” Wright, Wright, Organizations: CNN, FBI, District of Locations: California, United States, Ukraine, Nevada, District, District of Nevada, Los Angeles
CORTINA D'AMPEZZO, Italy (AP) — There’s something about the 2026 Olympics course in Cortina that brings the best out of American skier Jacqueline Wiles. Ten years ago, Wiles scored her first World Cup points at the Italian resort with a 15th in a downhill. “I’ve always loved Cortina,” Wiles said. A week after her 2018 result, Wiles crashed in Garmisch-Partenkirchen, Germany, and missed nearly two full years with serious injuries to her left leg. Wright returned to the finish area in time to celebrate Wiles’ result.
Persons: Jacqueline Wiles, Wiles, Lindsey Vonn, , “ I’ve, ” Wiles, , It’s, “ I’m, she’s, ” Vonn, " Wiles, I’m, “ They’ve, Jackie, Jack, Jacqueline, , BELLA’S, Bella Wright, ” Wright, Mikaela Shiffrin, Wright, that’s, Patrick Riml, ” Riml Organizations: CORTINA D'AMPEZZO, Cortina, Milan, Textron Aviation, TEAM Locations: Italy, Cortina, Garmisch, Partenkirchen, Germany, Vonn, Instagram, Portland , Oregon
People still flock to Dealey Plaza, which the presidential motorcade was passing through when Kennedy was killed. “I was just with a great mass of other reporters, just trying to find any bit of information,” she said. “As an AP reporter, you just go for the phone, you can’t process anything at that point,” she said. Simpson's recollections are included in an oral history collection at the Sixth Floor Museum that now includes about 2,500 recordings, according to Fagin. Many of the more recent ones have been with people who were children in the '60s and remembered hearing about the assassination while at school.
Persons: , John F, Kennedy, Peggy Simpson, , ” Simpson, , Stephen Fagin, Lee Harvey, Simpson, Clint Hill, Ella Wright, ” Wright, Fagin, Lee Harvey Oswald, Oswald, Jack Ruby, Ruby, didn’t, ” Fagin Organizations: DALLAS, Associated Press, Dealey Plaza, Texas, . Secret, National Geographic, The Dallas Times, AP, Sixth, Museum Locations: Dallas, “ JFK, America, Austin, Dealey
The Supreme Court is considering a section of federal law that bars an individual subject to a domestic violence restraining order from possessing a firearm. But then the Supreme Court issued its Second Amendment decision in Bruen. The 6-3 Bruen decision broke along familiar conservative-liberal ideological lines. But Justice Brett Kavanaugh, joined by Chief Justice John Roberts, wrote separately to stress that the Second Amendment right is not unlimited. The Second Amendment is “neither a regulatory straitjacket nor a regulatory blank check,” Kavanaugh said.
Persons: Clarence Thomas, Joe Biden’s, “ Rahimi, , Andrew M, , Roger Benitez, Zackey Rahimi, Rahimi, ” Biden, Biden, Elizabeth Prelogar, Matthew Wright, Wright, ” Wright, Brett Kavanaugh, John Roberts, ” Kavanaugh, Amy Coney Barrett, ” Barrett, Barrett, Kavanaugh, ” Willinger, Hunter Biden, Hunter, That’s, Bruen, Patrick Daniels, Daniels, ” Hunter, Abbe Lowell Organizations: CNN, New York, Duke University School of Law, Circuit, Gun Safety, Chief, 5th Circuit Locations: New, California, Texas, Bruen, United States, North Texas, Wisconsin, Rahimi, USA, Delaware
They're “the most potent greenhouse gases known to modern science,” as one research paper put it and they're growing fast. With the Environmental Protection Agency required to phase out one family of the chemicals 85% by 2036, the push is on to develop and spread cleaner alternatives. With more than 200 million gasoline cars in the U.S. alone, Groll said that amounts to approximately 100 million pounds of refrigerant leaking out into the atmosphere each year. The need to minimize refrigerant leaks has spurred a reuse and reclamation industry. ___Associated Press climate and environmental coverage receives support from several private foundations.
Persons: Jennifer Byrne, Byrne, ” Byrne, Eckhard Groll, Groll, Danielle Wright, , let’s, ” Wright, Mike Armstrong, , Anthony Nash, ” Armstrong, Christopher Cappa, Davis, ” Cappa, Wright, Jarad Mason, Mason Organizations: PHILADELPHIA, Environmental Protection Agency, Purdue University, Supermarkets, Gas, University of California, Trane Technologies, Harvard University, AP Locations: West Philadelphia, U.S, Dallas , Texas, Toledo , Ohio, Punta Gorda , Florida, Americas, refrigerants
London CNN —As the name suggests, The Crooked House, a historic pub in England’s West Midlands, had a distinctive feature. People inspect the rubble as they gather at The ruins of The Crooked House pub. Wright co-founded the “Save The Crooked House” campaign group. Instead, they found themselves in a state of near mourning, after the fire and demolition apparently dashed hopes of the pub surviving. “It’s like a death in the family,” Wright told CNN by phone.
Persons: Matthew Cooper, Dudley ’, Matt Wright, , they’ll, it’s, Wright, King Charles, ” Wright, Andy Street, ” Sacha Lord Organizations: London CNN —, , Police, Dudley, CNN, Facebook, West, Twitter, Topical Press Agency, Hulton, BBC, Altus Group, Time Industries Association Locations: England’s West Midlands, Dudley, Himley, West Midlands, England, London
Emily Wright, 38, a teacher in Toronto, started taking Ozempic in 2018. The diabetes drug Ozempic, and its sister drug for weight loss, Wegovy, utilize the same medication, semaglutide. Gastroparesis can have many causes, including diabetes, which is a reason many people are on these drugs in the first place. In more than half of cases of gastroparesis, doctors are unable to find a cause. Until more is known, George said, people need to be open with all their doctors about taking any drugs.
Persons: Joanie Knight, , I’d, , Knight, ” Brenda Allen, I’m, ” Allen, Emily Wright, she’s, Wright, “ I’ve, ” Wright, Ozempic, Emily Wright Allen doesn’t, they’ve, Gastroparesis, Michael Camilleri, Camilleri, liraglutide, ” Camilleri, ’ Joanie Knight, it’s, , I’ve, let’s, ’ ” Wright, gastroparesis, ” Knight, we’re, there’s, gastroparesis weren’t, “ Gastroparesis, Linda Nguyen, Nguyen, Renuka George, George, ” George, Dr, Michael Champeau, ” Champeau, Sanjay Gupta Organizations: CNN, US Food and Drug Administration, American Society of Anesthesiologists, Novo Nordisk, Mayo Clinic, National Institutes of Health, Diabetes, , FDA, Stanford University, American Gastroenterological Association, Medical University of South, CNN Health, Stanford Locations: Angie , Louisiana, Dallas, Toronto, Medical University of South Carolina, Louisiana
Now, Wright’s beloved land is at the center of a legal battle with a property developer looking to build a residential development next door. According to The Post and Courier, Georgia-based Bailey Point Investment, LLC is planning to construct 147 homes. Graves said Bailey Point had previously showed up at her grandmother’s house and offered $30,000 for Wright’s land, which she declined. “My porch is not on their property,” Wright told CNN. Attorneys for Bailey Point have not returned CNN’s request for comment.
Persons: Josephine Wright, Samuel Wright Sr, Wright, Tracey Love Graves, Graves, Bailey, ” Wright, Wright's, WJCL Wright’s counterclaim, , ” Bailey, Bakari Sellers, ” Sellers, Irving, Tyler Perry, Organizations: CNN, Hilton, The, Investment Locations: New York, Island , South Carolina, Courier , Georgia, Wright’s, Hilton
China may have to bail out one of its poorest provinces
  + stars: | 2023-04-27 | by ( Laura He | ) edition.cnn.com   time to read: +9 min
Hong Kong CNN —One of China’s poorest and most indebted provinces has admitted defeat in trying to sort out its finances and is appealing to Beijing for help to avert default. Guizhou, located in a mountainous region of southwest China, has hired a top state-owned distressed debt fund, China Cinda Asset Management, to resolve its “urgent” problems. China’s local governments are struggling with trillions of dollars of debt, after three years of strict pandemic controls and a real estate crash drained their coffers. The Pingtang Bridge links two cities in southwest China's Guizhou province. In China, most local government liabilities are composed of “hidden debt” issued by their financing arms.
London CNN —Russian oil is still finding its way to buyers around the world. Industry insiders estimate the size of that “shadow” fleet at roughly 600 vessels, or about 10% of the global number of large tankers. Andrey Rudakov/Bloomberg/Getty ImagesThe expansion of the shadow fleet highlights the dramatic changes Russia’s war has brought to the global oil market. As a result, an estimated 25 to 35 vessels are being sold per month into the shadow fleet, according to another senior executive at an oil trading firm. There are also questions about who ultimately runs the shadow fleet.
The map below illustrates how far the surface moved during the quake, using data from the U.K. Centre for the Observation & Modelling of Earthquakes, Volcanoes & Tectonics (COMET). Add a description of the graphic for screen readers. Add a description of the graphic for screen readers. Images from Planet Labs show a surface rupture running straight through the middle of a village near Nurdagi, Turkey, with the ground clearly moving a few metres on either side. The surface has moved to the southwest on one side of the rupture and northeast on the other.
The day the Earth moved How the Turkey earthquake tore a 300-kilometre rupture through the Earth’s surfaceThe ground in Turkey and northern Syria was torn, cracked open, and dragged in different directions after the massive 7.8 magnitude quake and its aftershocks on Feb. 6. The map below illustrates how far the surface moved during the quake. Add a description of the graphic for screen readers. Images from Planet Labs show a surface rupture running straight through the middle of a village near Nurdagi, Turkey, with the ground clearly moving a few metres on either side. The surface has moved to the southwest on one side of the rupture and northeast on the other.
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