China could build world’s longest tunnel link to Taiwan
Aug13

China could build world’s longest tunnel link to Taiwan

While its opponents are investing in wars, Beijing is investing in infrastructure. China seeks to build a tunnel that would connect its mainland with Taiwan. If realized, shuttle trains would run through a 135km undersea section of the tunnel at up to 250kph by 2030 from China to Taiwan, which Beijing considers a renegade province rather than an independent state. The gigantic project would be dug under the ocean, at a depth of 200...

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Is this the end of ultra cheap gasoline in Venezuela?
Aug06

Is this the end of ultra cheap gasoline in Venezuela?

As the economic crisis continues to deepen, Venezuela’s President Nicolas Maduro is promising a new policy on gasoline (the world’s cheapest)— which is currently generously subsidized by the socialist regime. Maduro promised earlier this week to roll out a new plan to ease the economic crisis and hyperinflation in a televised address to the nation that was delayed because of an hours-long blackout in the capital Caracas. Although...

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The four key chokepoints for oil
Jul30

The four key chokepoints for oil

While everyone has been watching the Strait of Hormuz amid rising tension between the US and Iran, a chokepoint on the other side of the Arabian Peninsula is now at the center of the action. Saudi Arabia temporarily halted all oil shipments through the Bab al-Mandeb strait after Saudi Aramco reported attacks from Houthi rebels on two oil tankers. The two ships in question were very large crude carriers (VLCCs), each carrying 1 million...

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How much gold is in the FIFA World Cup Trophy?
Jul17

How much gold is in the FIFA World Cup Trophy?

Arguably the most coveted prize in sport, the FIFA World Cup trophy could not have been made from anything but gold. But RT wanted to find out just how much gold the trophy contains. After the French national team’s victory in the 2018 final in Russia, RT talked to precious metals experts at BullionStar, who took a closer look at the legendary trophy. Beyond all doubt, the statuette has almost a mythical status among elite football...

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NZ Teachers, nurses, civil servants to walk off the job in biggest mass strikes in decades
Jul11

NZ Teachers, nurses, civil servants to walk off the job in biggest mass strikes in decades

A wave of strike action is surging in New Zealand, as disgruntled teachers, nurses, and government staffers prepare to walk off the job in a row over better pay. The workers reject proposals put to them by the NZ government. The first Labour Government in ten years is pointing the finger back at the Opposition, saying that “years of neglect”cannot be addressed in one go. A range of government-paid sectors have rejected this sentiment....

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