Trump: "Maybe We'll Have A Friendly Takeover Of Cuba"

Maersk CEO Warns Iran War Is A "New Wake-Up Call" For Global Trade It is becoming increasingly clear that reopening the Strait of Hormuz has become a top U.S. priority (really a global priority) , as oil executives and industry insiders warn that the clock is ticking toward an energy and global trade shock if the maritime chokepoint remains closed for another month. Frederic Lasserre, head of research at Gunvor, one of the world's largest oil traders, warned earlier this week: "The tipping point is clearly June. This is the point...

"Bring Your Own Capacity" - Google And Voltus To Deploy Virtual Power Plant  Google signed a three-year Bring Your Own Capacity (BYOC) agreement with Voltus for up to 100 MW of accredited distributed capacity in the PJM Interconnection. Voltus will aggregate batteries, smart thermostats, electric vehicles, and other flexible assets from homes and businesses into a Google-funded Virtual Power Plant (VPP).  When the grid needs relief, the software dispatches those resources in concert. Participants get paid, and Google gets capacity without waiting for traditional interconnection queues. A VPP is not a physical...

China Firmly Rejects US Demand To Back Its 'Most Crushing Economic Operation' Against Iran China has firmly rejected Washington's call to join in implementing US sanctions to "squash" Iran's economy, pushing back against Trump administration pressure to be part of the "toughest sanctions in history" which has marked a new phase of conflict focused on extended economic warfare, as a military solution is seen as increasingly unrealistic and unlikely. "Regarding the Iran issue, sanctions and pressure do not help resolve the problem," Reuters quoted a representative of the Chinese Embassy in Washington...