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March 21 – The National Energy Administration released data on electric vehicle charging infrastructure nationwide for February 2026 on March 21. According to data from the National Charging Infrastructure Monitoring and Service Platform, as of the end of February 2026, the total number of electric vehicle charging infrastructure (guns) in my country reached 21.01 million, a year-on-year increase of 47.8%.On March 21, the U.S. Food and Drug Administration (FDA) announced a recall of nearly 90,000 bottles of ibuprofen for children distributed nationwide due to consumer complaints of foreign objects in the solution. According to the FDAs recall report, the medication was manufactured in India by Progress Pharmaceuticals, an international pharmaceutical company headquartered in Bangalore, under the brand name Taro Pharma "Childrens Ibuprofen Oral Suspension," containing 100 mg of ibuprofen active ingredient per 5 ml bottle, with a capacity of 120 ml. The recall involves a total of 89,592 bottles, with an expiration date of January 31, 2027. The report indicates that the recall is due to consumer complaints of foreign objects such as "gel-like substances" and "black particles" in the solution. The FDA has classified this recall as a "Level 2 recall." According to its website, a "Level 2 recall" means that the product may cause temporary or reversible health effects, but the likelihood of serious adverse consequences is low.The US representative to the United Nations stated that any easing of sanctions on Iranian oil would be "very short-lived" and limited in duration.March 21 – According to the Financial Times, the European Commission has urged member states to lower their natural gas storage targets and adopt a gradual approach to replenishing reserves in order to alleviate market demand pressures. This comes after the war with Iran impacted key suppliers and triggered a surge in energy prices. EU Energy Commissioner Jorgensen instructed EU energy ministers not to rush to replenish their depleted gas reserves in the face of supply shortages, but to utilize flexibility to reduce demand from households and industry. Member states should reduce their gas injection targets at 80% capacity as early as possible during the injection season, 10 percentage points lower than the official EU target, to provide certainty and assurance to market participants. He suggested that countries begin replenishing reserves gradually to avoid a late-summer buying spree that could put pressure on the market, while postponing the deadline for meeting storage targets to December 1st. This is a month later than the deadline stipulated in legislation passed after the Russia-Ukraine conflict.According to the Financial Times, EU Energy Commissioner Jorgensen said that EU member states should reduce their gas injection targets for gas storage facilities to 80% of capacity, 10 percentage points lower than the official EU target.

Cryptocurrencies at crossroads after annus horribilis

Eric Stanberg

Dec 21, 2022 15:40

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To paraphrase Queen Elizabeth of the United Kingdom, the bitcoin industry won't look back on 2022 with pure joy.


Investors began to pose major existential issues at the end of the year as a result of the rapid series of crashes, contagion, and breakdowns.


After all, the biggest cryptocurrency, bitcoin, has struggled to maintain its value for more than a week at a time and has dropped by almost 75 percent from its high of $69,000 in November of last year.

Many of the 22,000 or so tokens and coins are comatose, if not dead, and their market value is now less than a third of their high $3 trillion worth in November 2021.


That came as a harsh reality check for an industry that began 2022 with hopes for widespread institutional adoption, the replacement of gold as the primary inflation hedge by bitcoin, endorsements from people like Tesla Inc. CEO Elon Musk, and the frenzied celebration of non-fungible tokens valued at billions of dollars.


The Fed's extreme hawkishness didn't only hit cryptocurrencies hard; TerraUSD's collapse, a stablecoin, also caused a "Lehman moment" when funds and brokers like Celsius and Voyager went bankrupt.


The collapse of Sam Bankman-FTX Fried's exchange last month, which some saw as the death knell for cryptocurrencies, was one such event.