OPEC announces big cut in oil production despite US pressure

London CNN Business  —  OPEC+ said Wednesday that it will slash oil production by 2 million barrels per day, the biggest cut since the start of the pandemic, in a move that threatens to push gasoline prices higher just weeks before US midterm elections. The group of major oil producers, which includes Saudi Arabia and … Read more

SpaceX, NASA to launch 3 astronauts and 1 cosmonaut to the ISS. Here’s everything you need to know

Sign up for CNN’s Wonder Theory science newsletter. Explore the universe with news on fascinating discoveries, scientific advancements and more. CNN  —  SpaceX and NASA are set to launch a crew of astronauts who hail from all over the world on a trip to the International Space Station. The mission, which will include some historic … Read more

Top EU official vows to ‘stress test’ pipelines after leaks

BRUSSELS — The head of the European Union’s executive arm vowed Wednesday to introduce checks on key EU infrastructure, including energy, after the suspected sabotage of natural-gas pipelines in the Baltic Sea. European Commission President Ursula von der Leyen said the damage last week to the Nord Stream pipelines linking Russia and Germany has “shown … Read more

Why Credit Suisse is battling rumours of a Lehman-style crash | Business and Economy

Credit Suisse is at the centre of market turmoil amid rumours the bank could be on the brink of collapse. Investors have rushed to sell the Zurich-based bank’s shares amid concerns about its financial health as it prepares to unveil a costly restructuring plan due later this month. Speculation that the bank could fail has … Read more

Retreating Russians leave their comrades’ bodies behind

LYMAN, Ukraine (AP) — Russian troops abandoned a key Ukrainian city so rapidly that they left the bodies of their comrades in the streets, offering more evidence Tuesday of Moscow’s latest military defeat as it struggles to hang on to four regions of Ukraine that it illegally annexed last week. Meanwhile, Russia’s upper house of … Read more

White House launches last ditch effort to dissuade OPEC from cutting oil production to avoid a ‘total disaster’

Washington CNN  —  The Biden administration has launched a full-scale pressure campaign in a last-ditch effort to dissuade Middle Eastern allies from dramatically cutting oil production, according to multiple sources familiar with the matter. The push comes ahead of Wednesday’s crucial meeting of OPEC+, the international cartel of oil producers that is widely expected to … Read more

The AP Interview: Ukraine aims to restart occupied reactors

KYIV, Ukraine (AP) — Ukraine is considering restarting Europe’s largest nuclear plant to ensure its safety just weeks after fears of a radiation disaster at the Russian-occupied facility, the president of the company that operates the plant said Tuesday. The Zaporizhzhia Nuclear Power Plant has emerged as one of the most worrying flashpoints of Russia’s … Read more

Ukraine war: Will Putin use nuclear weapons? | Russia-Ukraine war News

Vladimir Putin, who controls the world’s largest nuclear arsenal, pledged last week to use “all the powers and means at our disposal” to defend Russia. The United States, he said, had set “a precedent” when it dropped two atomic bombs on the Japanese cities of Hiroshima and Nagasaki in 1945. It was Putin’s latest thinly … Read more

Jeffrey Sachs yanked off air after accusing US of sabotaging Nord Stream

A Columbia University professor has accused the US of sabotaging the Nord Stream pipeline in the Baltic Sea, prompting television hosts to pull the plug on his TV interview. Speaking with Bloomberg, Professor Jeffrey Sachs floated the idea the pipeline, which has been at the center of a global “whodunit” saga in recent weeks, was … Read more

Ryder Cup 2023: Team Europe captain Luke Donald believes his side are underdogs but USA skipper Zach Johnson disagrees | Golf News

Team USA are looking to retain the title, with the Ryder Cup being held at the Marco Simone Golf and Country Club in Italy next September; Team Europe captain Luke Donald: “I think being at home is certainly worth something, but no doubt we’re going against a very, very strong opponent” Last Updated: 04/10/22 6:15pm … Read more