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Economy

Sri Lankan President calls on citizens to stop charging electric vehicles at night

Economy
Sri Lanka urges citizens to stop charging electric vehicles at night due to reliance on coal and diesel, which are in crisis from Middle East conflicts.

Gas prices in the US reach the highest level in nearly 3 years.

Economy
Americans are paying an extra $0.20 per gallon of gas since the Middle East conflict began, disrupting global energy supply.

Thailand may buy Russian oil

Economy
Thailand's Deputy Prime Minister Phiphat Ratchakitprakarn announced discussions with the Russian government on the possibility of purchasing crude oil.

American company sells $1 billion in recycled lithium from waste batteries

Economy
Nth Cycle will supply recycled nickel and lithium carbonate from 12,000 tons of old batteries to Trafigura over 10 years, reducing reliance on Chinese supply.

Immigration Rights in Entrepreneurs’ Risk Management Strategy

Economy
Many entrepreneurs view immigration rights as a solution to enhance international mobility, expand business operations, and mitigate risks from global fluctuations.

Nvidia CEO predicts $1 trillion in revenue from chip orders this year

Economy
CEO Jensen Huang predicts "inference" will be the next AI boom, bringing Nvidia $1 trillion in chip orders by the end of this year.

Citigroup lowers Bitcoin price forecast

Economy
Wall Street investment bank Citigroup lowers its 12-month Bitcoin price target from $143,000 to $112,000 due to legal concerns in the U.S.

“Following Intuition Causes Many Investors to Suffer Losses”

Economy
Experts say that intuitive actions stem from default biases in the brain, leading many investors to make losing decisions.

“Iran Holds the Key to Reopening the Global Energy Market”

Economy
Iran is signaling that it, not the U.S., will decide when to end the global energy supply disruption, according to Reuters.

Nile River fishermen switch to ‘hunting’ plastic waste due to a shortage of fish

Economy
Plastic waste severely reduces fish populations, forcing hundreds of Egyptian fishermen to abandon their traditional jobs and turn to scrap collecting for survival.

China confident in energy supply

Economy
Beijing confirms the country's energy supply is sufficient to cope with global oil and gas price fluctuations over the past two weeks.

Why does Bitcoin drop in price quickly but also recover soon?

Economy
During the Middle East conflict, Bitcoin dropped to $63,000 but has since risen 17%, while many other assets experienced significant volatility.
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