Author: Steven Sahiounie

LONDON: The Organization of the Petroleum Exporting Countries, or OPEC, on Monday cut its forecast for 2022 global oil demand growth for a fifth time since April and also trimmed next year’s figure, citing mounting economic challenges including high inflation and increases to interest rates. Oil demand in 2022 will rise by 2.55 million barrels per day (bpd), or 2.6 percent, the OPEC said in a monthly report, down 100,000 bpd from the previous forecast. “The world economy has entered a period of significant uncertainty and rising challenges in the fourth quarter of 2022,” OPEC said in the report. “Downside…

Elon Musk says he has “too much work” since taking over Twitter. Musk, who runs four other companies including electric carmaker Tesla, said on Monday he has been working “from morning til night”, seven days a week since purchasing the social media giant for $44bn last month.“I have too much work on my plate that is for sure,” Musk said via videolink at a business forum held on the sidelines of the G20 summit in Bali. The billionaire’s comments at the B20 Summit come after a chaotic few weeks at Twitter, marked by mass layovers, high-profile resignations, fleeing advertisers, and…

The European Union and the United Kingdom have slapped additional sanctions on Iran in response to Tehran’s widespread use of force against peaceful protesters. The protests, triggered by the September 16 death of Mahsa Amini in morality police custody, mark one of the boldest challenges to the Iran since the 1979 revolution.So far, 336 demonstrators have been killed in the unrest and nearly 15,100 detained, according to the activist HRANA news agency. “We stand with the Iranian people and support their right to protest peacefully and voice their demands and views freely,” EU foreign policy chief Josep Borrell said in…

China’s exports of automobiles rose to 337,000 units in October, up 12.3% month on month and 46% year on year, according to the China Association of Automobile Manufacturers. Among them, the production, sales and export volume of new energy vehicles (NEVs) hit a record high. Recent years have seen a dramatic increase in NEV exports to Europe. In this episode of BizBeat, CGTN’s Lily Lyu explains. This article is originally published by cgtn.com

Ronaldo, who re-joined United in August 2021 and finished as their top scorer in all competitions last season with 24 goals, asked to leave the club in the summer. “I think the fans should know the truth,” the Portugal international added. “I want the best for the club. This is why I come to Manchester United. “But you have some things inside that don’t help [us] reach the top level as City, Liverpool and even now Arsenal…a club with this dimension should be top of the tree in my opinion and they are not unfortunately. “As Picasso said, you have…

Cristiano Ronaldo has given an explosive interview criticising Manchester United and Erik ten Hag; Ronaldo said: “Yes, I feel betrayed. Some people don’t want me here not only this year, but last year too”; on Ten Hag: “I don’t have respect for him because he doesn’t show respect for me” Cristiano Ronaldo says he feels “betrayed” by Manchester United for trying to force him out of the club and says he has “no respect” for boss Erik ten Hag because he “doesn’t show respect for me”. In an interview with Piers Morgan for TalkTV released by The Sun on Sunday night, Ronaldo also claimed…

An hour’s drive from Genoa in northwestern Italy, off the coast of the picturesque village of Noli, nine transparent plastic bubbles appear to hover underwater—their trapped air fragrant with the scent of herbs.The installation, known as Nemo’s Garden, is an experiment meant to test the viability of underwater greenhouses. The submerged “biospheres” consist of plastic domes rigged up with hydroponic equipment, plant seeds, and air-circulating fans. Each dome is like “a miniature space station,” says Sergio Gamberini, the inventor of Nemo’s Garden and the CEO of Ocean Reef, a U.S.-Italian company that primarily makes scuba diving equipment.Plants experience unique stressors…

“It tastes like bacon. It’s crispy, and then you get this big flavor bomb,” says Beth Zotter, the CEO of Umaro foods. The San Francisco-based start-up is making bacon from an unlikely source—seaweed. Zotter is one of many entrepreneurs tapping into the potential of algae, a category that encompasses thousands of different marine species, ranging from floating clumps made of green-tinted plankton to long ribbons of kelp. It’s a booming industry that needs to keep growing, say the scientists who think algae has potential to help feed the world’s growing population. The global population is now hovering around eight billion;…

Raising babies can be exhausting—so much so that some mouthbrooding mothers snack on their young, according to a new study. A central African cichlid fish, Astatotilapia burtoni—commonly called Burton’s mouthbrooder—sometimes consumes more than three-quarters of their own eggs and baby fish. “It is a surprise,” says Peter Dijkstra, a biologist at Central Michigan University and senior author of a study published today in Biology Letters. “It really is a lot.” Mouthbrooding is common among fish, particularly cichlids, colorful freshwater species that are popular as aquarium pets. After their eggs are fertilized, A. burtoni moms will shelter them in their mouths…

Billionaire Elon Musk credited it for his dramatic weight loss. Celebrity sites allege that many more A-listers are using it to stay trim. And TikTok is full of influencers showing off their startling before-and-after shots showing off their weight loss after using it. What is it? A medication called semaglutide, which is sold under different brand names, including Ozempic, approved in 2017 for treating type 2 diabetes, and Wegovy, approved just last year for weight loss. The buzz about these drugs has created a shortage of both, according to the U.S. Food and Drug Administration, which is expected to last…