SK Nexilis Company, a subsidiary of South Korean conglomerate SK Group, announced it will build a new copper foil manufacturing plant in Poland this year to meet growing demand from manufacturers of lithium-ion batteries for use in electric vehicles (EVs). related to CASE, Components, Investments,
If cryptocurrencies are a commodity, can they interact with oil trading?
Faisal Faeq
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https://arab.news/g2zpz
Amid the rise of virtual currencies, the US Commodity Futures Trading Commission (CFTC) declared cryptocurrencies to be commodities, thus indirectly stating that they were not currencies or investment vehicles, but crypto-commodities that could be tradable in the real or virtual world with exclusive tokens.
A little bit of history: The CFTC defined Bitcoin and other virtual currencies (cryptocurrencies) as commodities under the US Commodity Exchange Act in late 2014.
The CFTC has always enforced its principles to prosecute fraud, abuse, manipulation, or false solicitation in markets for virtual currency derivatives and underlying spot trading. However, cryptocurrencies have had a transformational impact on CFTC-regulated markets and the agency itself.
Several people hurt after explosion at gas well along Louisiana coast
6 hours 11 minutes 45 seconds ago
Tuesday, May 25 2021
May 25, 2021
May 25, 2021 4:01 PM
May 25, 2021
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Source: WBRZ
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MORGAN CITY - Several workers were hurt after a natural gas well near the coast of Louisiana erupted into flames.
Texas Petroleum Investment Company said the incident happened at a well in the Belle Isle Field. The company said the situation first began Sunday while workers were attempting to plug the abandoned well.
Authorities said they received reports around 3 p.m. Tuesday that as many as eight victims suffered varying burn injuries. They were taken to a dock in Morgan City by boat and are being moved to a hospital from that location.
RIYADH: Saudi Arabia reaffirmed that it will continue its efforts at all levels to stop Israeli attacks by communicating with the active parties. The Kingdom also vowed to exert pressure on the Israeli government and find a just settlement for the Palestinian issue. The announcements came during a council of ministers meeting that was chaired virtually by Saudi King Salman.
ISLAMABAD: Pakistani security experts have hailed Islamabad’s decision to avoid supporting US counterterrorism operations in neighboring Afghanistan. The decision came after a Pentagon official claimed that Pakistan had allowed the US to use its airspace and ground routes as part of its Afghanistan campaign. But Pakistan’s foreign office denied the claims, which will force the