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July 4, 2022

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The G-7 is considering a price cap on Russian oil. But energy analysts think it’s impossible

CNBC
CNBC – For more and to sign up click here The G7 has floated the idea of an oil price cap, but experts are doubtful about how effective this would be. Picture Alliance | Picture Alliance | Getty Images The world’s seven-largest industrialized economies have floated the idea of a......

Sources: Nets Set Steep Price for Possible Kevin Durant Trade

Sports Illustrated
With Kevin Durant now on the trade market, many teams will be interested in the Nets star. However, it seems like it will be very difficult to pry him away from Brooklyn. According to Sports Illustrated’s Chris Mannix, the Nets have set a high asking price for Durant, and they don’t seem......

Home price increases slowed for the first time in months in April, says S&P Case-Shiller

CNBC
CNBC – For more and to sign up click here People walk into a house for sale in Floral Park, Nassau County, New York. Wang Ying | Xinhua News Agency | Getty Images Home price increases slowed ever so slightly in April, but it is the first potential sign of......

Ukraine Live Updates: G7 Draws to Close With Deal Over Price Cap on Russian Oil

New York Times
New York Times – For more and to sign up click here KREMENCHUK, Ukraine — As emergency workers combed through the rubble of a destroyed shopping mall in central Ukraine on Tuesday morning, the death toll from a Russian missile strike the day before rose to 18, the city’s mayor......

G7 agrees to explore cap on Russian oil price – communique

Reuters
G7 invites other nations to explore cap on Russian oil price G7 will commit up to $5 bln to fight hunger – U.S. official Agree to push for Russian gold ban – EU official G7 leaders commit to climate club, make carbon-cutting pledges SCHLOSS ELMAU, Germany, June 28 (Reuters) –......

Johnson on Ukraine: Price of freedom is worth paying

BBC
The UK’s prime minister has compared standing up to Nazi Germany with the conflict in Ukraine, following Russia’s invasion. Boris Johnson told BBC political editor Chris Mason that actions of democratic nations in the last century bought “decades and decades of stability and world order”. LIVE: Help us end war......

Biden urges G7 to stay together as leaders target Russian gold, oil price

Reuters
Biden says Russia has failed to split G7 Biden condemns ‘barbarism’ as missiles strike Kyiv Gold ban targets ‘Putin’s war machine’ – British PM Oil import price cap discussed, German source SCHLOSS ELMAU, Germany, June 26 (Reuters) – U.S. President Joe Biden told allies “we have to stay together” against......

G7 considering ways of capping Russian oil price, German official says

Reuters
An aerial view shows oil tanks of Transneft oil pipeline operator at the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia June 13, 2022. REUTERS/Tatiana Meel Register now for FREE unlimited access to Reuters.com Register SCHLOSS ELMAU, Germany, June 25 (Reuters)......

Exxon Mobil CEO Darren Woods calls for a higher price on carbon

CNBC
CNBC – For more and to sign up click here Exxon Mobil CEO Darren Woods would like the U.S. government to help incentivize some of the clean energy innovations his company is developing, like biofuels and direct air capture of carbon dioxide. In an interview with CNBC’s David Faber, the......

Stanley Cup Game 5 average ticket price breaks $1,000

ESPN
Tickets for Game 5 of the Stanley Cup Final in Denver are reselling for an average of $1,375, according to Vivid Seats. The Colorado Avalanche have a 3-1 series lead over the Tampa Bay Lightning and can win the Stanley Cup on home ice on Friday night. The average price......

UK inflation hits new 40-year high of 9.1% as food and energy price surge persists

CNBC
CNBC – For more and to sign up click here LONDON — U.K. inflation hit 9.1% year-on-year in May as soaring food and energy prices continue to deepen the country’s cost-of-living crisis. The 9.1% rise in the consumer price index, released Wednesday, was in line with expectations from economists in......

Fossil-fuel price spikes are causing pain but little climate payoff

NYPost
Bjorn Lomborg For three decades, climate campaigners have fought to make fossil fuels so expensive that people would be forced to abandon them. Source – For more click here To Return to the Main Aggregate News Page – click here Break’n Pics – Click here for Free Stock Photos...

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