Author: franperez66q@protonmail.com

A sign at BP Plc petrol station in London, UK, on Monday, Aug. 4, 2025.Bloomberg | Bloomberg | Getty ImagesBP and ConocoPhillips are set to announce billions of dollars of new investments in Iraq on Friday as Washington seeks to bolster the country’s energy sector and reduce the region’s reliance on routes vulnerable to Iranian disruption, according to people familiar with the plans. The announcements are expected during the U.S.-Iraq Business Summit in Washington, CNBC’s Brian Sullivan told Access Middle East, citing sources. Iraqi Prime Minister Ali Al-Zaidi will meet senior U.S. officials and executives from major energy companies at the…

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It’s a more interesting shape than the slab-sided SUVs we used to get. Jonathan Gitlin It’s a more interesting shape than the slab-sided SUVs we used to get. Jonathan Gitlin In addition to the four-cylinder engine and two electric motors, the silicon carbide inverter and other electronics are also in the engine bay. Toyota In addition to the four-cylinder engine and two electric motors, the silicon carbide inverter and other electronics are also in the engine bay. Toyota I worry this SUV devalues the GR sub-brand. Jonathan Gitlin I worry this SUV devalues the GR sub-brand. Jonathan Gitlin In addition…

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Swedish defense company Saab beat earnings expectations in the second quarter, as booming demand for military equipment propelled the fighter jet maker to another quarter of record orders backlog.Shares rose as much as 4.5% in early trading in Stockholm, while other major European defense names were in the red.New order bookings in the quarter ended June were 68.4 billion Swedish crowns ($7.1 billion), above the FactSet estimates of 57.1 billion Swedish crowns, which included a Polish submarine deal worth 47 billion crowns. The total backlog amounted to 317.7 billion crowns, up from 197.6 billion a year ago and marking a…

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The mention market According to sources speaking to NPR, Trump aide Gabriel Perez bet on something called a “mention market.” This is a section of Kalshi where you can sink money into contracts on crucial questions such as “What will Domino’s say during their next earnings call?” (Currently, $26,000 has been invested in this question; the smart money thinks that “Parmesan” and “DomOS” are more likely to be mentioned than not.) Kalshi contracts include words that Domino’s might say. Kalshi contracts include words that Domino’s might say. In the case of Perez, his “forecasting” allegedly took place over several months…

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Middle East oil producers plan to build new pipelines to reduce their dependence on the Strait of Hormuz, as Iran disrupts the Gulf states’ seaborne crude exports with near daily attacks on tankers. But new pipelines will not end the threat to the region’s energy exports, analysts said. This infrastructure is just as vulnerable to the low-cost, asymmetric attacks that have targeted ships in Hormuz, they said. The U.S. is supporting Iraq’s effort to rebuild a crude oil pipeline that runs from its northern city of Kirkuk through Syria to the Mediterranean Sea, a State Department official told CNBC Thursday.…

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SHANGHAI, CHINA – JULY 17: Chinese President Xi Jinping waves as he arrives at the opening ceremony for the World AI Conference on July 17, 2026 in Shanghai, China. (Photo by Ng Han Guan-Pool/Getty Images)Pool | Getty Images News | Getty ImagesChinese President Xi Jinping on Friday positioned China as a partner in artificial intelligence to the Global South, saying that countries should come together to build AI and help developing countries as well. Speaking at the World AI Conference in Shanghai, Xi announced that China will provide developing countries with 5,000 opportunities in AI training and seminar programs, as…

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