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On August 18, according to the National Healthcare Security Administration, the Administration recently conducted research in Enshi, Hubei Province, on the situation of medical insurance support for primary healthcare services. The Administration also sought opinions and suggestions from primary healthcare institutions, some local medical insurance departments, and experts and scholars regarding the selection of primary healthcare diseases for disease-based payment, discussed ways to improve the scope of primary healthcare disease selection, and reached a consensus on reform.August 18th - According to the Financial Times, the head of Libyas National Oil Corporation (NOC) stated that Libya needs up to $40 billion in investment to develop its oil and gas resources in an effort to regain its status as a major global crude oil producer. According to the U.S. Energy Information Administration, the country possesses Africas largest proven oil reserves and has attracted numerous international oil companies seeking new investment opportunities in recent years. However, NOC Chairman Masoud Suleman stated that a shortage of funds is hindering progress. He said, "We have a large amount of untapped resources. We need a lot of capital, approximately between $30 billion and $40 billion." Sulemans goal is to increase Libyan oil production from the current approximately 1.4 million barrels per day to 2 million barrels per day by 2030. He indicated that more than 60 oil and gas fields have been discovered but remain undeveloped. Foreign companies, including Eni, Total Energy, Chevron, and ConocoPhillips, have operations in Libya, but investment progress has been slow.On August 18, the Ministry of Transport announced that it will hold a special press conference at 10:00 AM on August 20, 2026, to introduce the relevant situation of the "Artificial Intelligence + Transportation" typical application scenario innovation action and answer questions from reporters.According to the Financial Times, Libya is seeking up to $40 billion in funding to develop its oil resources.According to the latest data from the General Administration of Customs, Chinas log imports in July 2026 totaled 2.65 million cubic meters, an increase of 6.2% year-on-year. The cumulative log imports from January to July totaled 18.53 million cubic meters, a decrease of 3.9% year-on-year.

BTC Fear & Greed Index Falls Despite BTC Avoiding Sub-$16,000

Jimmy Khan

Nov 24, 2022 15:40

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Bitcoin (BTC) increased by 2.44% on Wednesday. BTC finished the day at $16,613 after rising by 2.87% on Tuesday. For the first time in three sessions, BTC avoided trading below $16,000.


BTC dropped to a low of $16,168 early in the morning following a mixed day's start. BTC surged to a late high of $16,682, avoiding the First Major Support Level (S1) at $15,791. At $16,469, the First Major Resistance Level (R1) was breached by BTC, which ultimately closed the day at $16,613.


On Wednesday, FTX contagion risk decreased even further, supporting the cryptocurrency market desperately needed. Former FTX CEO Sam Bankman-Fried boosted investor hopes after learning that the company had cash reserves of $1.24 billion.


Bankman-Fried wrote in a letter to the staff, "Perhaps there still remains a chance to preserve the company. I think there are many billions of dollars in sincere interest from new investors that could be used to compensate customers. But since I have no control over it, I can't guarantee you anything.


The letter came after news that Justin Sun of Tron and Brad Garlinghouse of Ripple were interested in buying FTX assets. Investors are hopeful that the collapse of FTX will have a minimal effect on creditors given the stated cash holding of $1.24 billion.


The FOMC meeting minutes provided more assistance for the cryptocurrency market overnight. Before the holidays, talk of letting up on the gas helped riskier assets, with the NASDAQ Composite Index increasing by 0.99%. The US economic data underwhelmed, though, restricting the NASDAQ's potential growth.


Since the US markets are closed for Thanksgiving, there are no US statistics to take into account today.