Africa’s largest oil nation could see production drop 35%
OPEC member Nigeria is the largest oil producer in Africa and it pumped 1.776 million barrels of oil per day (bpd) in January 2020, according to OPEC’s secondary sources in its monthly report published this week. Adding condensate production, Nigeria’s total oil output exceeds 2 million bpd.However, three deepwater projects offshore Nigeria, operated by oil majors Exxon, Shell, and Total, could see their start-up dates delayed by two to four years to the late 2020s, according to the research WoodMac shared with Reuters ahead of publishing it on Friday. Also on rt.com Russia to bring back to life Nigeria’s major steel plant project, abandoned for decades The regulatory changes in Nigeria’s oil industry and the still pending final … [READ MORE...]
Organizers of France’s Oscars Resign, 2 Weeks Before Ceremony
On Feb. 11, a host of French feminist organizations said they would protest this year’s award ceremony because of Mr. Polanski’s nominations. “If rape is an art, give Polanski all the Césars,” they said in an open letter to the newspaper Le Parisien.“With these 12 nominations, the world of cinema gave frank and unconditional support to a rapist on the run,” the letter added.The accusations around Mr. Polanski are only one of several sex abuse scandals causing a stir in France’s cultural world. Last year, Adèle Haenel, a well-known actress, said that from age 12 she was sexually harassed by the director Christophe Ruggia on the set of “The Devils,” a 2002 film about orphans in a children’s home. He denies the accusation.In January, Gabriel Matzneff, an author who had long written about … [READ MORE...]
The Work Diary of Jessica Walsh, Designing (and Wining) Woman
4 p.m. Went to the vet. My dog Oscar has spinal cancer and had surgery and radiation last year, but they couldn’t remove all of the cancer because of its proximity to his spine. They believe it has metastasized to his liver, which means he might only live another three to six months. It’s very sad.5 p.m. Creative ideation, et cetera. Ate a quick delivery dinner with Zak somewhere.11:30 p.m. Talked with Nadia Chauhan, the chief marketing officer of Parle Agro, an Indian beverage company, about some of the creative choices for the upcoming print campaign and TV commercial shoots. She lives in another time zone, so I’ll often catch her late nights or early morning to chat via WhatsApp or calls.Wednesday7 a.m. Emails and calls with the production company, client and director for next week’s … [READ MORE...]
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Trump Administration Considering Halting Sales of Aircraft Parts to China
That integration, they say, is more difficult to build or reverse engineer, and copy.But officials in the Trump administration and elsewhere fear that China might eventually develop the ability to reverse engineer G.E.’s technology.Concerns have risen among officials in the National Security Council, the Defense Department and the State Department about whether the United States should be supporting China’s efforts to develop indigenous aircraft.Stopping such licenses, however, would be a big … [Read More...]
Judy Shelton, Trump’s Fed Nominee, Faces Bipartisan Skepticism
“They asked substantive, tough questions,” Sam Bell, the founder of Employ America, said of the Republican senators. Mr. Bell’s group has been pushing for Fed nominees who are focused on lifting employment and has vocally opposed Ms. Shelton.“The aura, after the hearing, is that there’s serious bipartisan skepticism,” he said.Democrats showed their discomfort with Ms. Shelton, particularly her close ties to Mr. Trump, and pressed her repeatedly on whether she would operate independently of the … [Read More...]
Bipartisan Lawmakers Cast Doubt on Judy Shelton, Trump’s Fed Nominee
“They asked substantive, tough questions,” Sam Bell, the founder of Employ America, said of the Republican senators. Mr. Bell’s group has been pushing for Fed nominees who are focused on lifting employment and has vocally opposed Ms. Shelton.“The aura, after the hearing, is that there’s serious bipartisan skepticism,” he said.Democrats showed their discomfort with Ms. Shelton, particularly her close ties to Mr. Trump, and pressed her repeatedly on whether she would operate independently of the … [Read More...]
California’s Housing Crisis: How a Bureaucrat Pushed to Build
The City Council of Lafayette, Calif., met the public two Mondays a month, and Steve Falk liked to sit off by himself, near the fire exit of the auditorium, so that he could observe from the widest possible vantage. Trim, with a graying buzz cut, Mr. Falk was the city manager — basically the chief executive — of Lafayette, a wealthy suburb in the San Francisco Bay Area that is notoriously antagonistic to development.With a population of just 25,000, Lafayette was wealthy because it was a small … [Read More...]
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Small Business
The Work Diary of Jessica Walsh, Designing (and Wining) Woman
4 p.m. Went to the vet. My dog Oscar has spinal cancer and had surgery and radiation last year, but they couldn’t remove all of the cancer because of its proximity to his spine. They believe it has metastasized to his liver, which means he might only live another three to six months. It’s very sad.5 p.m. Creative ideation, et cetera. Ate a quick delivery dinner with Zak somewhere.11:30 p.m. Talked … [Read More...]
Is a 400% Rent Increase the Future of Coney Island?
Mr. Bloomberg wanted to restore the district, which began to decline in the 1960s, to its heyday by promoting the development of stores and apartments along Surf Avenue. Businesses that were open only in the summer would move to a year-round schedule, helping to bolster what Mr. Bloomberg envisioned as the nation’s largest urban amusement park. The city leased the land to Zamperla, allowing it to … [Read More...]
Your Money
How to Find the Best C.P.A. or Tax Accountant Near You
So how do you find someone you can trust? Let us walk you through a three-step process to find a qualified C.P.A. or tax accountant near you.Step 1: Compile a list of potential C.P.A.s and tax accountantsLike with most service providers, a great way to find a C.P.A. or accountant is to ask for a referral. But don’t just go with the first name you get — compile a list of three or four potential … [Read More...]
2 Tax Strategies to Consider Ahead of the 2020 Election
What a Democratic president could do with a stroke of the pen is enforce a section of the Internal Revenue Code that ends valuation discounts for closely held family businesses. The Treasury Department and the Internal Revenue Service under President Barack Obama had proposed regulations that would have disallowed these discounts, which were seen as being overly generous when it came to estate … [Read More...]