Xi Touts Communist Party's Global Reach, Hails PLA's Rising Strength In 105th Anniversary Address

Samsung Union Postpones Massive General Strike, Puts Wage Deal To Vote Summary: Samsung Union Postpones Massive Strike For Union Vote On Saturday Samsung Union Authorizes Massive Strike At Memory-Chip Plants After Mediation Talks Collapse   Samsung Union Postpones General Strike For Weekend Vote  Late Wednesday night in South Korea, Samsung and its largest union held last-minute negotiations ahead of a massive general strike. Vice Minister Kwon Chang-jun of the Ministry of Employment and Labor joined the negotiating table between Samsung and its largest union, a move that appears to have led to a breakthrough. South Korea's national...

India Rejects Russian LNG Under Sanctions India rejected Russia’s offer ​to sell it liquefied natural gas subject to US sanctions, despite a huge shortfall driven by Middle East tensions, leaving a tanker bound for India in limbo as talks continue on permitted cargoes, Reuters reports. The stance highlights the fine balance the world’s third-biggest oil importer and consumer is seeking to strike between securing energy supplies and avoiding LNG cargoes on which the U.S. has ​placed sanctions, which are harder to disguise and carry greater compliance risk. It also underscores the limits...

Russia Struggles To Deliver Crude Oil As It Hits 135 Million Barrel Traffic Jam Russia is struggling to deliver all of the crude it’s being forced to ship overseas in the face of escalating Ukrainian drone strikes on its refineries. Nearly 135 million barrels of Russian crude oil are currently stranded at sea as a result of Ukraine’s airstrike campaign targeting refineries with the intent to cripple crude processing. The offshore backlog is forcing Moscow to significantly ramp up export volumes according to OilPrice.com. Intensive Ukrainian drone strikes, including recent hits on the Gazprom...