Latest in US and UK toughens sanctions on Russian oil industry
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Biden to block all future oil drilling in 625 million acres of US oceans
President Joe Biden's landmark decision falls under the Outer Continental Shelf Lands Act.ABC News - 4d -
FirstFT: Private equity to lobby Trump as industry seeks to tap retirement funds
Also in today’s newsletter, China’s equity markets extend poor start to the year and accountancy’s Gen Z problemFinancial Times - 4d -
Beijing-based cyber group protests US sanctions for its alleged role in hacks
China has slammed a decision by the U.S. Treasury to sanction a Beijing-based cybersecurity company for its alleged role in multiple hacking incidents targeting critical U.S. infrastructureABC News - 5d -
Trump’s ambitious oil plans will not derail Russia
It would still be very disruptive to try to embargo Russian oil from the world markets altogetherFinancial Times - 5d -
Ukraine launches counterattack in Russian border region
Ukrainian President Volodymyr Zelenskyy said he will again call on allies to boost his country's air defenses at a Ramstein group meeting in Germany this week.CBS News - 5d -
The Rastafarians opening up Caribbean cannabis farms to build a flourishing medical industry
After a 2018 amnesty, the government of St Vincent and the Grenadines is now backing Rastafarian growers’ efforts to promote the benefits of marijuana. On Golba Hill on the Caribbean island of St ...The Guardian - 5d -
The Video Game Industry Is Finally Getting Serious About Player Safety
Harassment, hate, and other social harms feel like an online inevitability, but developers are finally addressing their impact in a meaningful way.Wired - 6d -
Crimea officials declare emergency as oil spill reaches Sevastopol
Fuel oil spilled out of two storm-hit tankers three weeks ago in Kerch Strait.ABC News - 6d -
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Tesla's Annual Sales Dropped for the First Time—but the EV Industry Keeps Growing
Electric vehicle sales are growing globally overall, despite Tesla's recent slump.Wired - 6d -
Oil prices score weekly gains, buoyed by China policy support
Oil futures posted solid gains in a holiday-shortened week, buoyed by expectations of further stimulus in China, the world’s largest crude importer, to boost its sputtering economy.MarketWatch - Jan. 3 -
Empower skilled immigrants to revitalize America’s industrial heartland
The Heartland Visa Act of 2024, introduced by Sens. Young and Manchin, would allow visa hopefuls to bring their talents to the cities that need them most, providing a bipartisan solution to the ...The Hill - Jan. 3 -
Chinese cyber firm linked to botnet attack sanctioned in US
The federal government hit Chinese cyber group Integrity Technology Group with new sanctions on Friday, citing alleged computer intrusion incidents against those in the U.S. At the direction of the ...The Hill - Jan. 3 -
Trump accused of attacking UK energy policies on behalf of fossil fuel industry
Campaigners say US president-elect’s call to ‘get rid of windmills’ is based on North Sea interests of oil and gas firms. Climate campaigners have accused Donald Trump of attacking Britain’s ...The Guardian - Jan. 3 -
Can the creative industries add stardust to UK’s stalling economy?
Ministers look to booming sector as wider growth loses momentumFinancial Times - Jan. 3 -
Magic monkey tale inspires China’s gaming industry to seek blockbuster success
As Beijing eases regulations, developers are tooling up to produce big-budget titles with international appealFinancial Times - Jan. 3 -
Sweden's green industry hopes hit by Northvolt woes
Financial problems at battery maker Northvolt have shaken hopes for Sweden's green industry sector.BBC News - Jan. 3 -
Biden Expected to Permanently Ban Oil Drilling in Some Federal Waters
The move, expected as early as Monday, relies on a 70-year-old law that could make it difficult for the Trump administration to reverse it.The New York Times - Jan. 2 -
Crypto Industry Anticipates Trump Executive Orders Day 1
Cryptocurrency could see a slew of policy positions when Trump takes office.Inc. - Jan. 2 -
Russian gas shutdown forces closure of almost all industry in Transnistria
Pro-Russia Moldovan region suffers major hit after Ukraine ends transit agreement, with only food producers functioning. The shutdown of Russian gas supplies to Moldova’s breakaway Transnistria ...The Guardian - Jan. 2 -
China’s Hack of U.S. Treasury Breached Sanctions Office
The cyberattack reported earlier this week reached into the Office of Foreign Assets Control and the Office of Financial Research, sections of the agency that oversee economic penalties against ...Inc. - Jan. 2 -
UK rapper Stormzy banned from driving for using phone behind wheel of Rolls-Royce
British rapper Stormzy has been banned from driving for nine months after admitting that he drove his Rolls-Royce through London while using his phoneABC News - Jan. 2 -
Helsinki arena to reopen in spring after being left in limbo by Russian sanctions
Finnish real estate company says deal for sports and entertainment venue will restore it to its former glory. Helsinki’s main sports and entertainment arena is expected to reopen in the spring ...The Guardian - Jan. 2 -
Crypto industry dreams of a golden era under Trump
The sector expects lighter regulation and wider adoption under the president-elect, but some worry about systemic risksFinancial Times - Jan. 2 -
German solar sector in distress as glut of panels heaps pressure on industry
Wave of bankruptcies hits key European market as double-digit growth rate slowsFinancial Times - Jan. 2 -
Industrial policy must be practical not performative
New structures and pronouncements mean little unless business takes them seriously — there is no appetite for talking shopsFinancial Times - Jan. 2 -
Fall in UK university science courses stokes fears for industrial strategy
Chemistry courses have dropped a quarter and biosciences by 15% in past 5 yearsFinancial Times - Jan. 2 -
Chinese government hackers targeted US Treasury office that administers sanctions – report
Treasury disclosed hack earlier this week, with Washington Post reporting targets were Office of Foreign Assets Control and Office of Financial Research. Chinese government hackers breached the US ...The Guardian - Jan. 2 -
Ukraine halts supply of Russian gas to Europe
Ukraine ends agreement to allow gas to flow through its pipelines, with European supplies set to be tested as cold weather forecast later this week. Ukraine has halted Russian gas supplies to ...The Guardian - Jan. 1 -
Russian warship tracked for five days off UK coast
Navy personnel from Devon and Cornwall were called on Christmas Day for a five-day operation.BBC News - Jan. 1 -
Ukraine stops transport of Russian gas to Europe
Ukraine has halted the transportation of Russian gas supplies through the country after a prewar transit deal expired at the end of last year, the nation's energy minister confirmed. Ukraine ...The Hill - Jan. 1 -
US places sanctions on Australian man over alleged global narcotics trafficking role
David Jonathan Thackray, who was jailed in New Zealand in 2014, is one of three Australians now subject to such sanctions. Get our breaking news email , free app or daily news podcast An ...The Guardian - Jan. 1 -
Russian gas stops flowing through Ukraine
Transit deal expires with no follow-up agreement on flows to central EuropeFinancial Times - Jan. 1 -
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Russian and Iranian groups face sanctions over election disinformation
The U.S. has imposed sanctions on two groups linked to Russian and Iranian disinformation campaigns targeting this year's election.CBS News - Dec. 31