China passes ‘ethnic unity’ law in push for assimilation

China’s top legislature on Thursday passed an “Ethnic Unity and Progress Promotion Law,” formalizing Beijing’s long-running push to strengthen national identity and ethnic integration. The legislation was approved at the closing meeting of the fourth session of the 14th National People’s Congress during its annual parliamentary gathering in Beijing. State-affiliated media Xinhua previously reported that […]

Key Oil Price Spikes Over $100 as Iranian Attacks Hit Shipping

The price of a barrel of Brent crude oil, the international standard, topped $100 a barrel early Thursday, just days after it spiked near $120 in the latest jolts to financial markets and the global economy as a whole. Oil prices shot more than 9% higher as supply concerns…[#item_full_content]

Russia’s Dmitriev Discusses Energy Crisis With US

Russian presidential envoy Kirill Dmitriev said on Thursday he had discussed the current energy crisis with his U.S. counterparts as part of a meeting of the U.S.-Russia working group on economy that took place in Florida. Nearly 20 million barrels per day (bpd) of supply -…[#item_full_content]

One-Third of Americans Cut Back to Cover Healthcare

Roughly one-third of Americans cut back on food, utilities or other daily expenses to pay for healthcare last year, research from the West Health-Gallup Center showed on Thursday, as steeper prices and rising living costs hit households. A nationally and state-representative…[#item_full_content]

IEA: Middle East War Causing Record Oil Supply Disruption

The war in the Middle East is creating the biggest oil supply disruption in history, the International Energy Agency said on Thursday, a day after it agreed to release a record volume from strategic stockpiles to offset shortages and a spike in prices.[#item_full_content]

EU Warns US Tariffs Must Reflect Scotland Trade Deal

The European Union should only accept new U.S. tariffs that recreate the substance of the deal agreed between the two sides in Scotland last year, the chair of the European Parliament’s trade committee said on Thursday.[#item_full_content]

Source: Iran to Allow India-Flagged Tankers Through Strait of Hormuz

Iran will allow India-flagged tankers to transit the Strait of Hormuz, a conduit for 40% of the South Asian nation’s crude imports, an Indian government source said on Thursday, but an Iranian source outside the country denied any such deal was reached. India’s foreign…[#item_full_content]

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