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ReutersOPEC+ wary of renewed US oil output rise under Trump, sources say
OPEC+ is wary of a renewed rise in U.S. oil output when Donald Trump returns to the White House, delegates from the group said, because more U.S. oil would further erode OPEC+ market share and hamper the producer group's efforts to support prices. OPEC+ pumps about half of the world's oil and earlier this month delayed a plan to raise output until April.
- BBC
Amazon union in US authorises strike ahead of Christmas
The walkout could affect several facilities across the US during the busy holiday season.
- Reuters
As bitcoin soars, luxury brands consider accepting crypto payments
Bitcoin’s soaring value has caught the attention of high-end fashion brands and retailers, prompting further interest in offering cryptocurrencies as a means of payment to tap in to fresh pockets of wealth and build loyalty with crypto investors. Until recently, only a handful of luxury brands including LVMH watch labels Hublot and Tag Heuer as well as Kering-owned fashion brands Gucci and Balenciaga have experimented with crypto payment offers. In recent weeks, upscale French luxury department store Printemps announced it was teaming up with the world's largest crypto exchange, Binance, and French financial tech company Lyzi to accept cryptocurrencies including bitcoin and ethereum in its stores in France - becoming the first European department store to do so.
- Reuters
Trump should be active on UN rights body to counter China, US envoy says
A U.S. envoy told Reuters that U.S. President-elect Donald Trump's team should stay active at the United Nations Human Rights Council, partly to counter what she described as China's "dangerous" influence. In his first term, Trump quit the Geneva-based body, citing an anti-Israel bias. Michele Taylor, who has been Washington's envoy to the council since, said it was important to stay engaged and that she planned to make this case to Trump's team as part of the handover.
- Associated Press
As wars rage around them, Armenian Christians in Jerusalem's Old City feel the walls closing in
As the war in Gaza rages, Syria's government transforms, and the Israeli-occupied West Bank seethes, Armenian residents of the Old City of Jerusalem fight a different battle — one that is quieter, they say, but no less existential. One of the oldest communities in Jerusalem, the Armenians have lived in the Old City for decades without significant friction with their neighbors, centered around a convent that acts as a welfare state. Now, the small Christian community has begun to fracture under pressure from forces they say threaten them and the multifaith character of the Old City.
- The Canadian Press
Stanford jumps to 19-point lead, holds on to beat Merrimack 74-68
STANFORD, Calif. (AP) — Oziyah Sellers scored 19 points on 8-of-11 shooting, Maxime Raynaud had his ninth double-double this season — most in Division I — and Stanford blew most of a 19-point first-half lead before the Cardinal beat Merrimack 74-68 Tuesday night.
- Reuters
Iran's Revolutionary Guards extend control over Tehran's oil exports, sources say
Iran's Revolutionary Guards have tightened their grip on the country's oil industry and control up to half the exports that generate most of Tehran's revenue and fund its proxies across the Middle East, according to Western officials, security sources and Iranian insiders. All aspects of the oil business have come under the growing influence of the Guards, from the shadow fleet of tankers that secretively ship sanctioned crude, to logistics and the front companies selling the oil, mostly to China, according to more than a dozen people interviewed by Reuters. The extent of the Islamic Revolutionary Guard Corps' (IRGC) control over oil exports has not previously been reported.
- Reuters
Analysis-BOJ's rate hike debate shifts from 'when?' to 'how high?'
As the guessing game over the timing of Japan's next interest rate hike heats up, another debate is brewing within the central bank over just how much higher rates can go, a question that could be discussed at this week's policy meeting. While markets expect the Bank of Japan to hold off on raising rates on Thursday, Governor Kazuo Ueda is likely to elaborate on the bank's thinking over the future rate-hike path. BOJ staff estimates have shown the bank sees scope to hike short-term rates at least to around 1% without cooling growth, though some in the bank point to recent lacklustre consumption as a sign the level could be lower.
- BBC
Hampshire & Isle of Wight: Wednesday's Big Picture
Showcasing the best images sent to us from around Hampshire & Isle of Wight.
- The Canadian Press
Hyder's 29 help Cal Poly down Denver 95-94 in OT
SAN LUIS OBISPO, Calif. (AP) — Jarred Hyder scored 29 points as Cal Poly beat Denver 95-94 in overtime on Tuesday.
- USA TODAY
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Scatterbrain
Explore daily insights on the USA TODAY crossword puzzle by Sally Hoelscher. Uncover expert takes and answers in our crossword blog.
- Yahoo News Singapore
As coffee prices hit record highs, Singapore consumers pay more; Singapore to Kuala Lumpur, Jakarta, Bangkok among world’s top routes in 2024: Singapore live news
Consumers in Singapore face some of the highest coffee prices worldwide while Changi Airport ranks among the busiest hubs globally in 2024. Plus some of the biggest and fascinating news in Singapore and beyond.
- Yahoo Sports
What does Falcons benching mean for Kirk Cousins? Breaking down 4 biggest questions — including what’s next for veteran
League sources agreed with the Falcons’ decision to change quarterbacks now. What they disagree on: whether signing Cousins was a risk worth the Falcons taking.
- WWD
Tata Harper Steps Down as President of Eponymous Skin Care Brand, Taps Lauder Alum
As the brand's acquisition by Amorepacific nears completion, Harper is stepping into a brand ambassador role.
- Evening Standard
Horoscope today: Your daily guide for Wednesday, December 18, 2024
Read what the stars mean for you today, from Sagittarius to Gemini
- The Guardian
Study examines women’s proximity to incinerators and chemical level in breast milk
Researchers find winds affecting emissions from incinerators play role, though diet still thought to be largest factor
- The Guardian
Police missed clues about dangers of far right before summer riots in England
Intelligence gaps, especially around social media analysis, led to failures, report finds
- The Guardian
Cheap, smart and efficient: how giant rats are transforming the fight against TB
After success in Tanzania, other African countries may introduce the rodents to help sniff out the disease
- The Guardian
Amazon to settle dispute with delivery drivers over claims worth potential £140m
Exclusive: UK lawyers said in tribunal self-employed drivers owed because retailer dictated their working conditions
- The Guardian
Coal use to reach new peak – and remain at near-record levels for years
Spike in fossil fuel use a result of global gas crisis triggered by Russia’s invasion of Ukraine
