Day: December 5, 2022

Posted on

Tusk Limited Announces the Market’s Largest Deal

LONDON, Dec. 05, 2022 (GLOBE NEWSWIRE) — Tusk Inc Limited (tusklimited.com), one of the world’s leading manufacturers of solar modules and complete solutions, recently launched new products such as the T.640 Solar Unit, T.150 Solar Panel with Crypto miner (complete), T.640 Solar panel with Crypto Miner, and so on. And these have piqued the interest of industry professionals. The reason is simple. Power consumption for crypto mining can be burdensome. This new technology platform is the result of feedbacks from miners and has been met with development and testing, hence this announcement.

Charging speed, battery life, security guarantees, and user experience have all improved over previous innovations. The T.640 Solar Panel Kit is compatible with a wide range of devices, tools, equipment, home and electronic industries, including cryptocurrency miners and provides security, long backup, and other areas, regarding power supply.

Tusk Inc has tested the efficiency of combining their solar products with cryptocurrency miners over time with their recent transition from polycrystalline to photovoltaic materials, and this has proven to be the most effective. Tusk Inc investors can now mine their coins with ease and maximum profit.

You do not have to worry about electricity, which has been a major issue for miners. There is 5-10 years guarantee on the panels, ensuring that they can be used for a longer period of time while you still make money from mining. This is the combination of good products.

About Tusk
Established in 2012 by team of management experts, and later joined by a team of technology experts, Tusk Inc. is now one of the leading electrical solution providers. They pride themselves also in their ability to manage risk effectively, since they have been in the business of managing risks for over a decade. And through several advancements in technology, they have incorporated less risky ventures into the Risk Management system, one of which is cryptocurrency mining, using photovoltaic materials.

PR Manager
John Walls
john@tusklimited.com
(+44)7451214344

GlobeNewswire Distribution ID 1000770519

Posted on

OPEC+ agrees to keep output levels unchanged

 

VIENNA— Major oil-producing countries led by Saudi Arabia and Russia agreed to maintain their current output levels in a climate of uncertainty and ahead of fresh sanctions against Moscow coming into force next week.

 

The representatives of the 13 members of the Organization of the Petroleum Exporting Countries (OPEC) led by Riyadh, and their 10 allies headed by Moscow, decided to stick to their course agreed in October of a production cut of two million barrels per day until the end of 2023.

 

OPEC+ described its October decision to cut as one “which was purely driven by market considerations”, adding that it had been “the necessary and the right course of action towards stabilizing global oil markets”, a statement said.

 

The next OPEC+ ministerial meeting is scheduled for June 4, 2023.

 

But the alliance said it was ready to “meet at any time and take immediate additional measures” to address market developments and support the oil market if necessary.

 

On Friday, the EU, G7 and Australia agreed a $60-per-barrel price cap on Russian oil, which will come into effect on Monday or soon after, alongside an EU embargo on maritime deliveries of Russian crude oil.

 

It will prevent seaborne shipments of Russian crude to the European Union, which account for two thirds of the bloc’s oil imports from Russia, an attempt to deprive Moscow’s war chest of billions of euros.

 

While Russia denounced on Saturday the incoming price cap, threatening to suspend deliveries to any country that adopted the measure, Ukraine suggested the cap should have been set even lower.

 

For OPEC+, the big unknown in the oil equation is how heavily sanctions will hit Russian supply.

 

“Uncertainty on the impact on Russian oil production coming from the EU ban… and the G7 price cap and some easing of mobility restrictions in China likely supported the decision for a rollover,” UBS analyst Giovanni Staunovo said.

 

Moscow’s threat to suspend deliveries to countries abiding by the price cap will put “some in a very uncomfortable position”, said OANDA analyst Craig Erlam: “Choosing between losing access to cheap Russian crude or facing G7 sanctions”.

 

Amid economic gloom fuelled by soaring inflation and fears of China’s weaker energy demand due to its Covid-related restrictions, the two global crude benchmarks remained close to their lowest level of the year, far from their March peaks.

 

Since the group’s last meeting in early October, Brent North Sea oil and its US equivalent, WTI, have lost more than six percent of their value.

 

Moving forward, OPEC+ might still feel compelled to adopt “a more aggressive stance” by cutting or threatening to cut production, UniCredit analyst Edoardo Campanella said.

 

“Russia might also retaliate by leveraging its influence within OPEC+ to push for more production cuts down the road, thus exacerbating the global energy crisis,” he added.

 

Source: Nam News Network

Posted on

25,000 Tons of Ukraine Grain Reach East Africa

The first shipment of grain as part of Ukraine’s own initiative to supply countries in need arrived Monday in Djibouti for delivery to neighboring Ethiopia amid the region’s worst drought in decades.

Ukraine’s embassy in Ethiopia confirmed that the “Grain from Ukraine” shipment of 25,000 tons is separate from a United Nations World Food Program effort that has funded humanitarian grain shipments from Ukraine.

A second ship with 30,000 tons of wheat will be heading to Ethiopia next week, while a third vessel is being loaded with 25,000 tons of wheat bound for Somalia, an embassy statement said.

Ukraine’s President Volodymyr Zelenskyy last month announced the initiative aimed at helping “countries the most struck by the food crisis.” Ukraine has said it plans to send more than 60 ships to Ethiopia, Sudan, South Sudan, Somalia, Congo, Kenya, Yemen and other countries.

Millions of people in Ethiopia, Somalia and Kenya are going hungry during a drought following the fifth straight failed rainy season, while conflicts in Ethiopia and Somalia have worsened the crisis.

Ethiopia has not yet commented on the new grain shipment from Ukraine. But Prime Minister Abiy Ahmed in August criticized reports of a U.N. effort to ship grain from Ukraine to Ethiopia as an attempt to paint “a picture that we are starved.”

 

 

Source: Voice of America

Posted on

Building a bridge to the future: “Cloud Open Day” of China-South Africa enterprises has been held successfully

JOHANNESBURG and BEIJING, Dec. 5, 2022 /PRNewswire/ — On December 1, “Bridge to the Future,” a theme activity of “Cloud Open Day” of China-South Africa enterprises, jointly organized by NEC Longyuan Power, South China Economic and Trade Association, and People’s Daily Online South Africa, was held simultaneously in China (Beijing, Gansu) and South Africa (Johannesburg, Northern Cape) via live video link. This commemorated the 25th anniversary of the establishment of diplomatic relations between China and South Africa.

The event encouraged “One Belt, One Road” people-to-people interactions, highlighted the tale of clean energy cooperation in developing “One Belt, One Road,” and displayed the positive international reputation of Chinese businesses through cross-border cultural exchanges.

Cedric Thomas Frolick, House Chairperson of Committees, Oversight and ICT in the National Assembly of Parliament for the Republic of South Africa, Liu Guoyue, Chairman of National Energy Group, H.E. Siyabonga Cwele, Ambassador of South Africa to China, and Wang Wen’an, President of South China Economic and Trade Association delivered speeches, and Chen Xiaodong, Chinese Ambassador to South Africa delivered a video message.

Lazarus Mahlangu, Director of IPP Programme monitoring, Minister Plenipotentiary of the Embassy of the Republic of South Africa to China, Mogamat Mahdi Basadien, Yusuf Timol, Minister Economic, South African Embassy in the Peoples Republic of China, Gary Smith, Deputy Director General of the Propaganda Bureau of the SASAC, State Council, and Mr. Hou Wenan, First Class Inspector.

Mr. Hou Jie, Deputy Director General and First Inspector of the Publicity Bureau of SASAC, Mr. Zhang Bin, Deputy Director General of the Africa Department of the Ministry of Foreign Affairs were amongst many distinguished guests invited to attend the online event.

“China Meets Rainbow,” “Hello, New Energy,” and “Talking About Low Carbon Future” were the three segments that made up the event’s “Rainbow to the Future” theme.

The Yumen Wind Farm in Gansu Province, which has a climate and landscape resembling South Africa, and the De Aar Wind Farm in South Africa, the nation’s first Chinese wind power project to integrate investment, construction, and operation, were the stops on the joint journey through the cloud, from China to South Africa.

This “Cloud Open Day” is the third consecutive year since 2020 that NEC Longyuan Power has held an open day for the public in the country where the project is located.

Video: https://www.facebook.com/LongyuanSA/videos/1217276935489954/

Photo – https://mma.prnewswire.com/media/1961297/De_Aar_Wind_Farm.jpg
Photo – https://mma.prnewswire.com/media/1961298/Yumen_Wind_Farm.jpg

Posted on

The Generation Z Forum 2022 at Tsinghua University Sees Youths Share Their Thoughts on China and the World

Student Liu Dibo Shares the Experiences of Volunteering at Winter Olympics in Beijing During the Forum

BEIJING, Dec. 5, 2022 /PRNewswire/ — Student Liu Dibo from Tsinghua University (“Tsinghua”) shared his experiences of volunteering at the 2022 Beijing Winter Olympic Games during The Global Generation Z Forum 2022 (“the Forum”) lately. The Forum, co-held by Tsinghua University and China Daily, invited Chinese and foreign attendees from more than 30 countries to share their stories and their thoughts on where China and the world are heading remotely and in presence.

Liu Dibo, who studies at Tsinghua’s School of Environment, spoke to the audience about being a volunteer at both the 2022 Winter Olympics and Paralympics, during which he was an assistant to Francesco Ricci Bitt, president of the Association of Summer Olympic International Federations. Liu spoke about how he cultivated a ‘friendship of generations’ with Bitt, how he told him how much China had changed since Beijing hosted the 2008 Summer Olympics, and how he shared him about Chinese culture and places of interest in Beijing. After he had returned to his home country, Liu was thrilled to receive a letter of gratitude from Bitt, thanking his ‘outstanding friend’ for making his ‘stay at Beijing 2022 enjoyable and easygoing’ and inviting him to the next Winter Olympics, which will be held in Italy in 2026.

Youths from countries including Russia, India, South Africa, France, Egypt, Georgia, and the United States, gave speeches. By bringing together youths from all around the world, the forum showcased the positive experiences of young people striving to fulfill their potential.

Qu Yingpu, publisher and editor-in-chief of China Daily, gave a speech on the forum to encourage youth all over the world to promote the construction of “a community with a shared future for mankind” and encouraged young people to try to better understand China.

Qiu Yong, secretary of the CPC Tsinghua University Committee and chairman of Tsinghua University Council, said during his opening remarks: “The youth represent hope and are the architects of the future. A better shared future depends on the friendships of young people continuing from generation to generation.”

Other youths that spoke at the forum included Nik Gu, a Russian who is studying international relations, and a global student ambassador at Tsinghua University. Gu spoke about how he had seen rapid development in China in recent years. Having lived in China for 17 years, Gu said he has been deeply influenced by the cultural concept of “harmony without uniformity” and called on young people to join hands worldwide to promote a “a community with a shared future for mankind”.

Tamar Kvlividze, a Georgian vlogger living in China, told the forum how she hosts videos on social media platforms in both China and Georgia on her experiences of living in China. Her channels have proven to be very popular both in China and Georgia, she said, and she expressed her hope of deepening cultural ties between the two countries.

Minh Thao Chan, a French PhD student majoring in autonomous driving at Tsinghua University, talked of his thoughts and understanding of the “Chinese path to modernization”, and how he admires how China has placed an emphasis on developing the fields of science, technology and education.

For more information, please visit Tsinghua University.

Photo – https://mma.prnewswire.com/media/1960574/image_5002812_21192964.jpg

Proudly powered by WordPress