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On January 17, Iranian Supreme Leader Ayatollah Khamenei met with thousands of people from various sectors of society in Tehran and addressed the nation on the recent situation. Khamenei stated that because US President Trump has caused casualties and losses in Iran and slandered the Iranian people, "we consider him a criminal." Khamenei elaborated on the nature of the recent unrest and Irans responsibility in dealing with the situation, emphasizing the need to clearly understand the true intentions of hostile forces and to adopt the correct stance in response.January 17th - On January 17th, Carrot Express and UAE-based autonomous mobility company AutoGo announced the official launch of fully driverless commercial operations for the public in Abu Dhabi. Starting immediately, local residents and tourists can hail Carrot Expresss fully driverless vehicles through the AutoGo App. This marks Carrot Expresss first overseas launch of a fully driverless mobility service for the public, signifying a crucial step forward in the commercialization and internationalization of Chinese autonomous driving technology.The Iraqi National Oil Marketing Organization (SOMO) estimates that Iraqs monthly revenue from Kurdistan oil is approximately $400 million.On January 17, the Russian Ministry of Defense announced that Russian forces had struck energy and transportation infrastructure used by the Ukrainian army, as well as temporary deployment sites of the Ukrainian armed forces and foreign mercenaries. The Ministry stated, "The tactical aviation, attack drone, missile, and artillery units of the Russian Armed Forces struck energy and transportation infrastructure used by the Ukrainian army, ammunition depots, assembly workshops, storage points, pre-flight preparation and launch sites for long-range drones, and temporary deployment sites of the Ukrainian armed forces and foreign mercenaries in 167 regions."On January 17th, Turkish Energy Minister Baghtadal stated in a media interview that Turkey plans to resume natural gas imports from Turkmenistan in 2026 and increase purchase volumes. He indicated that 2026 is a crucial year for Turkeys liquefied natural gas (LNG) supply, as the country has already signed long-term LNG supply contracts with countries including the United States. "These are long-term contracts covering 2027 to the 1930s and 1940s. The work on signing LNG contracts will continue in 2026. Therefore, when we find suitable resources and inexpensive LNG, relevant agreements will be reached. We plan to review the agreement with Algeria and extend its term, while also assessing alternative resources."

Bitcoin falls below $19,000 as cryptos creak under rate hike risk

Skylar Shaw

Sep 20, 2022 14:27

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On Monday, cryptocurrency prices hit new lows as a result of regulatory worries and a general investor reluctance to engage in risky assets due to impending interest rate increases.


By market value, Bitcoin, the most valuable cryptocurrency, dropped almost 5% to a three-month low of $18,387.


The second-largest cryptocurrency, ethereum, lost 3% to a two-month low of $1,285 and had lost more than 10% in the previous day. The majority of the smaller tokens had larger losses.


Over the weekend, a significant update to the Ethereum blockchain—which supports the ether token—called the Merge changed how transactions are handled and reduced energy consumption.


The value of the token has decreased amid rumors that comments made last week by Gary Gensler, chairman of the U.S. Securities and Exchange Commission, suggested the new structure would draw further regulation. The upgrades' surrounding trades were likewise unwound.


The regulatory outlook is guesswork, according to Matthew Dibb, COO of Singapore's Stack Funds cryptocurrency platform.


Since the Merge, the markets have shed a lot of their excitement, he said. Given the uneasy global background, he said, "It's truly been a sell-the-news sort of event," and predicted that ether will test $950 in the near future.


"From a basic and technological standpoint, the current situation does not appear promising. There isn't a clear quick positive trigger that will support these markets and inject a ton of fresh cash and liquidity, in our opinion.

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