South Africa’s power blackouts are causing havoc for citizens
Johannesburg, South Africa CNN — Car crashes, opportunistic criminals, rotting food, decomposing bodies, bankrupt businesses, and water shortages. Welcome to
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energy and resources
Oil funds and a Turkey ETF were 2022 market winners, but Russia and crypto tanked
New York CNN — Oil stocks skyrocketed in 2022, so it’s no surprise funds that track the energy sector were
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‘Life or death.’ As Britons buckle under the cost of living crisis, many resort to ‘warm banks’ for heat this winter
London CNN — In a community center in central London, a young child plays in a makeshift area as her
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EU energy ministers agree to cap gas prices ahead of winter
London CNN Business — Europe has agreed to a cap on natural gas prices, following months of debate over whether
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US trade deficit edged up to $78.2 billion in October
New York CNN Business — The US trade gap edged only slightly higher in October than the month before, to
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NC county announces curfew as nearly 40,000 customers remain without power after 2 substations damaged by gunfire
CNN — Authorities have announced a mandatory curfew in a North Carolina county where around 40,000 customers lost power after
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The West is struggling to set an oil price cap that hurts Russia
London CNN Business — Allies of Ukraine want to put a price limit on Russian oil. But there’s a problem:
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UK raises its windfall tax on energy companies and bets on nuclear power
London CNN Business — The UK government is hiking a windfall tax on oil and gas companies and extending the
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Kyiv residents mull life outside the city as power outages bite and incomes plummet
Kyiv, Ukraine CNN — Kyiv residents have been getting used to 12 hours a day without electricity, but the situation
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BP announces $2.5 billion share buyback after profit soars
London CNN Business — BP’s profit more than doubled in the third quarter of the year, extending a bumper run
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