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OPEC May Cut Oil Output By 1mbpd

The Organisation of Petroleum Exporting Countries(OPEC)+ would most likely cut oil output by more than one million barrels a day, according to delegates, when it meets tomorrow for the first time in more than two years. A larger-than-expected reduction would reflect the scale of the producer group’s concern that the …

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Sweden’s Svante Paabo Wins Nobel Medicine Prize

Swedish paleogeneticist, Svante Paabo, who sequenced the genome of the Neanderthal and discovered the previously unknown hominin Denisova, on Monday won the Nobel Medicine Prize. Paabo’s research gave rise to an entirely new scientific discipline called paleogenomics, and has “generated new understanding of our evolutionary history”, it said. “By revealing …

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Hurricane Ian pounds Florida, leaves Millions In Dark

Hurricane Ian left much of coastal southwest Florida in darkness early Thursday, bringing “catastrophic” flooding that left officials readying a huge emergency response to a storm of rare intensity. The US Border Patrol said 20 migrants were missing after their boat sank, with four Cubans swimming to shore in the …

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UK PM Justifies ‘Controversial’ Tax cuts

United Kingdom Prime Minister Liz Truss defended her tax cuts policy on Thursday, despite triggering market turmoil and forcing a Bank of England intervention to prevent “material risk” to the economy. “We had to take urgent action to get our economy growing, get Britain moving, and also deal with inflation,” …

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