DIRS.INFO The most relevant business & tech news

☆ Ex-comic sets sights on Ukraine reconstruction after helping fund war effort
▼ + stars: | 2023-05-31 | by ( Dan Peleschuk | ) www.reuters.com time to read: +3 min

Now the comedian-turned-politician's charitable foundation is setting its sights on the next big battle: post-war reconstruction. Prytula, 41, led a campaign to acquire Turkish Bayraktar drones after Russia's full-scale invasion in February last year. The foundation also raised about $9.5 million for attack drones, which he said were ordered by Kyiv's military intelligence. After the war, Prytula wants to apply his crowdfunding acumen to help rebuild war-damaged parts of Ukraine. "All of this will need to be rebuilt, and after the war we'll begin measuring everything we've lost."

Persons: Serhiy Prytula, Mariia, Oleksandr, Prytula, Volodymyr Zelenskiy, Anna Gvozdiar, Gvozdiar, isn't, we've, Ivan Lyubysh, Timothy Heritage, Sharon Singleton Organizations: Reuters, Foundation, Bank, Thomson Locations: Ukraine, Kyiv, KYIV, Turkish, Finnish, Crimea, Sumy

☆ California's reappearing phantom lake could remain for two years in the Central Valley
▼ + stars: | 2023-04-26 | by ( Emma Newburger | ) www.cnbc.com time to read: +4 min

An aerial view of a home (C) surrounded by floodwaters in the reemerging Tulare Lake, in California’s Central Valley, on April 14, 2023 in Corcoran, California. Mario Tama | Getty Images News | Getty ImagesSatellite images taken over the past several weeks show a dramatic resurrection of Tulare Lake in California's Central Valley and the flooding that could remain for as long as two years across previously arid farmland. This week, a heat wave could prompt widespread snow melt in the mountains and threaten the small farming communities already dealing with the resurrected Tulare Lake. Satellite imagery shows a large swath of farmland before water filled the Tulare Basin. Planet LabsSatellite images show miles of flooding after California's Tulare Lake returns.

☆ Oil rises but post weekly loss as economic uncertainty weighs
▼ + stars: | 2023-04-21 | by ( Erwin Seba | ) www.reuters.com time to read: +3 min

U.S. West Texas Intermediate crude (WTI) rose 50 cents to $77.87 per barrel. Survey data from the euro zone and Britain lifted oil prices on Friday. In India, refiners' crude oil processing stayed near record peaks in March, provisional government data showed, catering to solid seasonal demand in the world's third biggest oil consumer. Oilfield services giant SLB (SLB.N) beat Wall Street estimates for first-quarter profit, as elevated crude prices and tight supplies increased demand for its services. However, economic uncertainty and the prospect of rising interest rates continued to hang over oil markets.

"The hospitals now serving the wounded are so few, with limited number of doctors, so there's overcrowding of wounded," said Esraa Abou Shama, a doctor at Sudan's health ministry. Over four days of fighting nine hospitals in Sudan have been hit by artillery and 16 forcibly evacuated, the Sudanese Doctors' Union said, with none still providing a full service inside the capital. His hospital's water and cooking gas tanks have been hit, many staff fled, and diesel fuel for the power generator is almost exhausted, he said. Staff cannot access the morgue because of the fighting, so dead bodies are stored in rooms with air conditioning turned up. "We all have the same problems - electricity, water, staff.

Summary Sources: Military equipment disguised as relief suppliesSyria is a conflict zone for Israel and IranIsrael mounts swift campaign against IraniansAMMAN, April 12 (Reuters) - Iran has used earthquake relief flights to bring weapons and military equipment into its strategic ally Syria, nine Syrian, Iranian, Israeli and Western sources said. The sources told Reuters that the goal was to buttress Iran's defences against Israel in Syria and to strengthen Syrian President Bashar al-Assad. The supplies included advanced communications equipment and radar batteries and spare parts required for a planned upgrade of Syria's Iran-provided air defence system in its civil war, said the sources, two regional sources and a Western intelligence source said. Regional sources told Reuters that Israel quickly became aware of the flow of weapons into Syria and mounted an aggressive campaign to counter it. A radar station used for drones was also hit on April 3, the regional source added, corroborating what two Western intelligence sources had told Reuters.

☆ U.S. and NATO see Ukraine in urgent need of more arms
▼ + stars: | 2023-02-14 | by ( Sabine Siebold | ) www.reuters.com time to read: +3 min

[1/10] NATO Secretary General Jens Stoltenberg, U.S. Chairman of the Joint Chiefs of Staff Gen. Mark A. Milley, U.S. Secretary of Defense Lloyd Austin and Ukraine's Defense Minister Oleksii Reznikov attend a NATO defence ministers meeting at the Alliance's headquarters in Brussels, Belgium, February 14, 2023. "Ukraine has urgent requirements to help it meet this crucial moment in the course of the war," U.S. Secretary of Defence Lloyd Austin said at a meeting of the so-called Ramstein group of allies of Ukraine. When it comes to artillery, we need ammunition, we need spare parts, we need maintenance, we need all the logistics to ensure that we are able to sustain these weapons systems." NATO defence ministers were also to discuss adapting a target for members to spend 2% of gross domestic product (GDP) on defence. Some nations see this as too low, given the Ukraine war, while others such as Germany are still far below the 2%.

☆ Russia: NATO involvement in Ukraine threatens 'unpredictable' escalation
▼ + stars: | 2023-02-07 | by ( ) www.reuters.com time to read: +2 min

Feb 7 (Reuters) - Russia's defence minister said on Tuesday that Western arms supplies to Ukraine were effectively dragging NATO into the conflict, warning this could lead to an "unpredictable" escalation. "To do this, they have started supplying heavy offensive weapons, openly urging Ukraine to seize our territories. In fact, such steps are dragging NATO countries into the conflict and could lead to an unpredictable level of escalation." WESTERN ARMSMoscow has repeatedly accused the West and NATO military alliance of playing a direct role in the Ukraine conflict by supplying arms to Kyiv, and has warned that NATO weapons are "legitimate targets" for its armed forces. Shoigu also said on Tuesday that military operations near Vuhledar and the city of Bakhmut in eastern Ukraine - where Russia has intensified its offensive - were "progressing well".

☆ Earthquake leaves Syrians across frontlines with shared catastrophe
▼ + stars: | 2023-02-07 | by ( ) www.reuters.com time to read: +3 min

That’s humanity," said Suleiman, who was displaced to Idlib from Deir al-Zor in eastern Syria during the war. State media say at least 812 people perished in government-held areas including Aleppo, Latakia, Hama and Tartous. It's a country that is inhabited by death," said Hassan Hussein, from the coastal city and government stronghold of Tartous. In the rebel-held city of Atareb, Yousef Haboush lamented how the quake had forced many from their homes yet again. One of the residents, Abu Hamid, said he felt a sense of "proximity" to other Syrians, including those in rebel-held areas.

Indonesia, producer of more than half of global palm oil supplies, also tightened trade rules this year, allowing exporters to ship just six times their domestic palm oil sales volume, less than a fourth-quarter 2022 ratio of eight times. "Indonesian palm oil export definitely will drop, as output will decline, domestic consumption will increase," Fadhil Hasan, an Indonesian Palm Oil Association (GAPKI) official, told Reuters. Indonesia produced 51.3 million tonnes of palm oil in 2022 and exported 33.7 million tonnes, GAPKI estimated. In 2023, palm oil output is expected at 50.82 million tonnes and exports at 26.42 million tonnes, it said. "But India's strong demand for palm oil will continue as it is still the cheapest edible oil."

Though a tiny fraction of the nation's plantings, the previously unreported total represents the company's biggest ever release of hybrid wheat. NEARLY 100 YEARSFarmers have used hybrid seeds since the 1930s to grow corn, followed by other crops ranging from peanuts to tomatoes. Producing hybrid wheat seeds is still more complicated and expensive than conventional wheat. Hybrid wheat can produce more uniform results across fields than conventional wheat, and may deliver better yields on poor soil, Hankey said. Syngenta projected in 2015 that its annual sales of hybrid wheat seeds could potentially reach $3 billion by 2032.

☆ Work proceeds on Ukraine's power supply, Zelenskiy says
▼ + stars: | 2022-12-11 | by ( ) www.reuters.com time to read: +1 min

Dec 11 (Reuters) - Emergency crews were working to ease power shortages in many parts of Ukraine after Russian attacks, particularly the Black Sea port of Odesa, President Volodymyr Zelenskiy said on Sunday. "At this time, it has become possible to partially restore supplies in Odesa and other cities and districts in the region," Zelenskiy said in his nightly video address. Zelenskiy said Odesa was "among the regions with the most frequent power outages". Other areas experiencing "very difficult" conditions with power supplies included the capital Kyiv and Kyiv region and four regions in western Ukraine and Dnipropetrovsk region in the centre of the country. The work on restoring electricity for the general population was constant, Zelenskiy said.

☆ China cracks down on drug price gouging amid fears of COVID spike
▼ + stars: | 2022-12-10 | by ( ) www.reuters.com time to read: +2 min

China announced 10 measures on Wednesday that loosened key parts of President Xi Jinping's signature zero-COVID policy, in a dramatic pivot toward economic reopening. But concerns are increasing of a spike in infections as people scramble for cough medicines, flu drugs and masks. China's State Administration for Market Regulation admonished against price gouging in anti-COVID products, citing the need to better protect human lives and health. In a warning letter posted on Friday, the watchdog banned activities including price inflation, collusion, price discrimination, misleading propaganda and hoarding. In addition, they must not hoard anti-pandemic supplies that are in short supply, or spread word of price hikes to disrupt market order, the watchdog said.

☆ See what merchant mariners eat while spending months at sea on a container ship
▼ + stars: | 2022-11-25 | by ( Grace Kay | ) www.businessinsider.com time to read: +3 min

A merchant mariner captured what it's like to eat every day at sea on a cargo ship. The YouTube video shows a day's worth of food in the officers mess hall on a Maersk ship. Boyle said that the officers' mess hall accommodates about 10 people, while the crew's can house up to 13 at a time. In the video, a ship cook ladles Boyle's eggs onto a griddle and fires up an omelet with a side of bacon. Boyle told Insider the menu options often shift based on the destination and the makeup of the crew.

Search resuls for: "Supplies Inc"

13 mentions found