US Accuses Chinese Exporters Of Masterminding "Great Transshipment Scam"

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...

Will AI Devalue The Real World? Authored by Jeffrey A. Tucker via The Epoch Times, Economic reality embeds many paradoxes, unexpected outcomes that go the opposite direction of what you might intuitively predict. The best example concerns a new innovation that seems to make more efficient use of existing resources. Intuition might suggest that the result will be less resource use but reality often goes in the other direction. DimaBerlin/ShutterstockThis is called the Jevons Paradox and it is based on a famous debate over the steam engine which made coal power far...