Iran significantly boosts oil exports despite sanctions
Iran is estimated to have exported nearly 1.5 million barrels per day (bpd) of crude oil and condensate so far in September, TankerTrackers told Reuters, in what would be the highest level of Iranian exports in a year and a half and double the observed exports in August.Two other tanker-tracking firms have also seen an increase in Iranian oil exports so far in September, although not as much as TankerTrackers.com has found, according to Reuters. Also on rt.com Iran’s currency crashes to new record low amid flaring tensions with US Since the US imposed sanctions on Iran’s oil industry and exports in May 2018, the Islamic Republic has been using various tactics to ship crude abroad without being detected, including by tankers switching … [READ MORE...]
Bill Murray Faces Legal Threat From Doobie Brothers
The lawyer also said William Murray had used songs owned by other clients without permission. “It seems like the only person who uses our clients’ music without permission more than you do is Donald Trump,” Mr. Paterno wrote.Like other William Murray offerings, the Zero Hucks Given shirt, named after Huckleberry Finn, revives the look of the loud golf clothing of the 1970s. Other items from the Murray brothers include Cracking Up Button Downs, Chicas ’N’ Floritas Water Hazard Shorts and the Nine Iron Dad Hat.William Murray Golf did not immediately respond to a request for comment.Mr. Paterno is a music industry veteran. His online biography for his Los Angeles firm, King, Holmes, Paterno Soriano, notes that after he left a job writing software for NASA, he became the first president of … [READ MORE...]
The Cradle of Global Bagel Baking? (It’s Not New York)
Spelt Right largely fell apart in 2016, hit by a sudden spike in the price of spelt grain. But Ms. George and Mr. Mauro stayed connected, and as he sold more bagel machines and dual-arm mixers and V-shaped muffin depositors around the world, he began connecting customers to the woman who could teach them how to use them.Among the first were a retired police officer and a social worker in Marathon, Fla., who were mystified as to why their bagels kept puffing into blimps. (Answer: Too much yeast in the air from the bakery that had previously occupied their space.) Soon after that, she flew to Factory Co. in Paris — a city skilled at producing delicate croissants and light-as-air brioche, but flummoxed by the bagel.“People tried to do bagels with French style — it’s disgusting, it doesn’t … [READ MORE...]
Latest News
Britain Introduces a Scaled-Back Wage Support Plan
“This is less generous by some way than the main furlough scheme,” and a natural change as social restrictions are less severe, said Carl Emmerson, the deputy director of the Institute for Fiscal Studies.Mr. Sunak’s statement on Thursday was even more downbeat than his last major speech in the House of Commons, in early July, when he said Britain was entering the second phase of its economic response to the virus and the government announced a meal discount program for the summer, which proved … [Read More...]
Why the U.S. Risks Repeating 2009’s Economic Stimulus Mistakes
“The lesson from the last crisis is that we had elevated unemployment for years, and it was a slow grind to work that down,” Robert S. Kaplan, president of the Federal Reserve Bank of Dallas, said in an interview Monday, explaining that he supports extending fiscal aid. “We have a chance here, if we act quickly, to mitigate the lasting damage that we saw.”The post-financial crisis pullback in government spending was even more dramatic in Europe, where austerity was enforced across countries with … [Read More...]
Embattled Fed Nominee Celebrates Free Markets, but Not in Her Backyard
Ms. Shelton and her husband have also tried repeatedly to squash other proposed mines that they viewed as a threat to their bucolic community, which borders the Rappahannock River. The Sheltons filed a different complaint against a company owned by another neighbor, Larry Silver, over a project that they argued would detract from their property value and undermine their efforts at historic preservation. The complaint noted that Mr. Silver had also installed a “spiteful” hog farm on his property, … [Read More...]
Uber and Lyft Could Gain From U.S. Rule Defining Employment
In a call with reporters, senior department officials said the proposal would be published in the Federal Register this week or early next week, at which point the public would have 30 days to comment. The department has allowed longer comment periods for ambitious proposals in the past. One official said the department hoped to finalize the proposal before the end of the year.Mr. Weil warned, however, that because the rule departed from the underlying law that defines who is an employee, it was … [Read More...]
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Small Business
The Cradle of Global Bagel Baking? (It’s Not New York)
Spelt Right largely fell apart in 2016, hit by a sudden spike in the price of spelt grain. But Ms. George and Mr. Mauro stayed connected, and as he sold more bagel machines and dual-arm mixers and V-shaped muffin depositors around the world, he began connecting customers to the woman who could teach them how to use them.Among the first were a retired police officer and a social worker in Marathon, … [Read More...]
Surviving Fashion’s Summer From Hell
“She gets in the dressing room with them, tucking and untucking and scrunching up sleeves,” Ms. McMullen said. “She does it with such ease that women feel connected to her, like they know her.”Beginning in late March, weeks went by without payments from some of Tibi’s stores, Ms. Smilovic said. When the layoffs came, the only team Tibi kept intact was finance, which scrambled to secure government … [Read More...]
Your Money
As Donations Shift in the Pandemic, New Databases Aim to Help
In the first nine months of this year, the foundation began to focus on grants to people who were laid off by its partner organizations. Since the start of the year, it has given 65 percent more to nonprofit groups than it had in all of 2019.“We gave about 42 micro-grants, between $500 and $1,000 to teaching artists, who were the first to be let go,” said Matt D’Arrigo, director of creative youth … [Read More...]
How to Predict Merit Aid in a Strange College Application Season
While families are the theoretical winners of the annual merit aid derby, it also has losers and — perhaps — victims. Merit aid is partly an act of competition that one school pursues to the detriment of another, which then needs to fill spots some other way. It’s just business, or something like it.But merit discounts also raise questions of equity. The good grades from rigorous high schools and … [Read More...]