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Russia Buying Gasoline From India To Tackle Shortages
Russia Buying Gasoline From India To Tackle Shortages
Russia, whose refining capacity has come under significant strain in recent months, has started seaborne imports of gasoline from India (the same country it exports millions of barrels of oil to), Reuters reported citing industry sources, in an effort to mitigate fuel shortages triggered by Ukrainian attacks on its energy infrastructure.
Fuel shortages are being felt across Russia's 11 time zones with rationing, long queues at filling stations and a record gasoline price increase, as a result of relentless Ukraine strikes on the...
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Jun 29, 2026 / Tyler Durden
Tether's USDT Jumps To 8.5% Premium In India After Crypto Payment Crackdown
Tether's USDT Jumps To 8.5% Premium In India After Crypto Payment Crackdown
Authored by Shaurya Malwa via CoinDesk.com,
Raids on crypto payment firms in Bengaluru disrupted the pipeline that feeds dollar-pegged USDT to Indian platforms, pushing its local price more than 8.5% above the dollar, roughly double the usual gap.
The price of Tether's USDT, the largest dollar-pegged stablecoin, has climbed to more than 8.5% above its dollar value on Indian platforms after a government crackdown on crypto payment firms choked off the token's supply into the country.
USDT traded around 102.88 rupees over the...
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Oct 3, 2026 / Tyler Durden
He Calls It Socialism; Marx Called It Communism's Last Stage
He Calls It Socialism; Marx Called It Communism's Last Stage
Authored by Steve Watson via Modernity.news,
On Theo Von's podcast, Zohran Mamdani defined socialism as the government delivering whatever you need for a dignified life. That is Marx's rule for communism's last stage - and New York is already getting the invoice.
Von asked him to define socialism. Mamdani said socialism means you will have whatever you need to live a dignified life, and that it is the government's job to deliver on that. Housing. Childcare. Transit. The things, he said, that...
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Jul 24, 2026 / Tyler Durden
EU Approves Biggest Russia Sanctions Yet After Holdout Greece Secured LNG Exemption
EU Approves Biggest Russia Sanctions Yet After Holdout Greece Secured LNG Exemption
What is there left to sanction and what is its effectiveness? Europe is boasting of no less that its 21st package of sanctions against Russia, approved by the EU on Thursday.
Apparently it has found plenty of entities still to sanction, as the compiled blacklisting is said to be the EU's largest in four years, targeting primarily financial and energy sectors. The bloc also agreed to freeze the Russian oil price cap at current levels for another year, alongside...
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