Author: i2wtc

Passenger electric vehicles are not the only alternative in the transportation sector that could potentially replace some of China’s oil needs: LNG-fueled heavy vehicles are also likely to limit diesel use in transportation, especially now that LNG is cheaper than diesel. LNG truck sales in China have surged in recent months as global and Asian LNG prices remain well below the highs recorded at the peak of the summer 2022 energy crisis. The surge in LNG truck shipments is expected to reduce China’s demand for oil for transportation, slowing overall oil demand growth in the world’s largest crude importer. The…

BATHINDA: South Asia Peace Action Network (SAPAN), an organisation aimed at promoting cooperation, peace and dialogue across the region, has written an open letter to Prime Minister Narendra Modi on the eve of his third term expressing concern over Pakistan’s exclusion from the invitation to meet the heads of state of the South Asian Association for Regional Cooperation (SAARC). The letter highlighted the common history, culture and aspirations that drive the SAARC umbrella countries’ insistence for better relations.Among other things, the letter congratulates Prime Minister Modi and the NDA 3.0 on their recent electoral victory. It also reaffirms the Indian…

Space manufacturing company Apex has secured $95 million in Series B funding led by XYZ Venture Capital and CRV to ramp up production of its satellite buses. A Los Angeles-based space tech startup has the capacity to mass-produce spacecraft buses — the bodies and structural components of satellites — to meet growing demand from customers such as the U.S. Department of Defense, helping to streamline approaches to satellites. The new funding will enable the company to ramp up production to meet customer demand after the launch of Apex’s first bus in March. Apex recently opened a new factory to increase…

Bharatiya Janata Party (BJP) leader Kanak Vardhan Singh Deo, who won the Patnagar Assembly constituency in Odisha’s Bolangir district, was sworn in as the state’s Deputy Chief Minister along with Prabati Parida on Wednesday.Kanak Vardhan Singh Deo (67), a native of Bolangir, a former royal family in Patna, defeated BJD candidate Saroj Kumar Meher by a narrow margin of 1,357 votes in the state assembly elections.Who is Kanak Vardhan Singh Deo?With a long and illustrious political career spanning over two decades, Kanak Vardhan Singh hails from a politically active family and holds a BA Part I from Delhi University.Kanak Vardhan…

FRANKFURT, Germany (AP) — The European Union on Wednesday increased tariffs, or import taxes, on Chinese-made electric vehicles, making EVs the latest flashpoint in a broader trade dispute over Chinese government subsidies and a surge in exports of green technology from the Asian nation to the 27-nation bloc.Here are some basic facts about the EU’s planned tariffs:What has the European Union done?The European Commission, the EU’s executive arm, said preliminary findings from an ongoing investigation into Chinese EV subsidies revealed that China’s battery electric vehicle “value chain” benefits from “unfair subsidies” to the detriment of EU rivals. The Commission plans…

The Court of Arbitration for Sport (CAS) has rejected a challenge by transgender swimmer Leah Thomas, who had asked a Swiss court to overturn a policy that barred her from competing in women’s races at top-level competitions.In a ruling obtained by USA Today Sports on Wednesday, the arbitration panel essentially ruled that Thomas did not have standing to appeal the policy enacted by World Aquatics, swimming’s international federation, because it did not yet apply to her. The CAS panel determined that “for the time being” Thomas is ineligible to compete at the top level through World Aquatics or USA Swimming.”She…

ISLAMABAD (AP) — Pakistan’s new coalition government presented its first budget in parliament on Wednesday, pledging to raise civil servant salaries by up to 25 percent and setting ambitious tax revenue targets while talks with the International Monetary Fund on a new bailout package continue.The new budget, up from $50 billion last year to about $68 billion, is aimed at qualifying for a long-term loan of $6 billion to $8 billion from the IMF to help stabilize an economy that was on the brink of defaulting on its foreign debt in 2023, analysts said.Pakistan’s fiscal year begins on July 1.…

Left-arm seamer Arshdeep Singh took a career-best 4-9, including two wickets in the first over, as India restricted the United States to 110-8 in their T20 World Cup clash on Wednesday. India will be cautious about chasing on a notoriously tricky and slow Nassau County International Cricket Stadium pitch, where they have scored modest runs but only managed 119 in their six-run win over Pakistan at the weekend. victory… Left-arm seamer Arshdeep Singh took a career-best 4-9, including two wickets in the first over, as India restricted the United States to 110-8 in their T20 World Cup clash on Wednesday.…

The United States expanded sanctions against Russia on Wednesday as G7 leaders prepare for a summit in Italy where strengthening support for Ukraine and weakening Russia’s military will be top priorities. Wednesday’s package targeted Chinese companies that support Russia’s war in Ukraine and increased risks for foreign financial institutions doing business with sanctioned Russian entities.The sanctions also targeted Russia’s financial infrastructure, seeking to restrict the amount of money moving in and out of the country. Shortly after the sanctions were announced, the Moscow Stock Exchange announced it would suspend trading in dollars and euros. The United States has imposed sanctions…

Dating apps have completely changed the face of romance in recent years. While they offer the convenience of connecting with just a swipe of a finger, many people are finding that the apps have also become a breeding ground for harassment.It is no wonder, therefore, that many people decide to become “boy sober.”When Dr Lisa Portlan studied dating apps and intimacy in 2020, most of the women she studied had experienced technology-enabled violence, including harassment, fraud, abusive behavior, requesting or receiving unsolicited sexual images, bullying, and even stalking. Julia Fox is one of many names known to have joined this…