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The Coordinating Minister for Public Services described clean, renewable, and sustainable energy as Singapore's existential challenge over the next 50 years
The U.S. and Israel's war with Iran is likely to impact people around the world as tensions escalate around the Strait of Hormuz, a waterway on Iran's southern coast, where traffic has ground to a halt. Why it matters: Trade disruptions along this key waterway on Iran's southern coast that handles 25% of the world's maritime oil trade and 20% of liquefied natural gas shipments will likely produce a domino effect across the global economy. About 33% of the world's fertilizers, including sulfur and ammonia, travel through the strait, according to the trade analysis firm Kpler. • It's a key route for alumimum and sugar as well.Blocked access to the strait will likely impact the price of some products, including clothing, cookware, medical equipment, and more. State of play: The strait is "closed" and any vessel attempting to pass through the waterway would be set "ablaze," an Iran Revolutionary Guard Corp (IRGC) commander said Monday. Driving the news: President Trump said on Truth Social on Tuesday that the U.S. will "immediately" offer "political risk insurance and guarantees" for energy tankers and other ships in the Gulf region, and that the Navy would escort tankers through the Strait of Hormuz if needed. The U.S. has been striking Iranian warships in order to reduce Iran's stronghold over the strait. What they're saying: "The scale of what is at stake cannot be overstated," Hakan Kaya, senior portfolio manager at investment management firm Neuberger Berman, said in a blog post this week. Oil companies can likely absorb a one- to two-week slowdown, he said."A full or near-full closure lasting a month or more would require demand destruction at levels that could push crude well into triple digits and European natural gas prices toward or above the crisis levels seen in 2022," Kaya added. Here's what to know: Gas prices Threat level: With access to oil restricted, oil prices and gasoline prices have spiked. Tom Kloza, an oil analyst working for Gulf Oil, told Axios
Iran has taken a beating but it retains the advantages of geography, time and a superior tolerance for pain
Harrison McCain learned salesmanship by talking his way into a pharmaceutical job at 22, then spent five formative years under K.C. Irving, absorbing lessons in vertical integration, relentless deal-capture, and “management by suggestion.” Public Release: March 24. Members have access now.Join us. Coming Soon: YouTube | Spotify | Apple Podcasts | Transcript He quit with … The post [Outliers] Harrison McCain: How to Create Demand for Something Nobody Wants appeared first on Farnam Street
I am deeply saddened by the loss of my friend and colleague, Jack Park. I pass along this remembrance from… The post In Memoriam: John J. Park, Jr. appeared first on Reason.com
The article explores how government agencies are increasingly requiring access to social media posts and online activity as part of the application process for various permits and documents.
The article explores the broader challenges faced by young people today, highlighting that struggles with mental health, identity, and societal expectations extend beyond just young men.
Daniel Litt is a professor of mathematics at the University of Toronto. He has been active in evaluating AI models for many years and is generally seen as a skeptic pushing back at hype. He has a very interesting statement updating his thoughts: In March 2025 I made a bet with Tamay Besiroglu, cofounder of […] The post Daniel Litt on AI and Math appeared first on Marginal REVOLUTION. CommentsI'm surprised by this. Is the 200 dollar per month version of . by TSBHIn reply to some guy. Yes, it r...
The former minister and British Ambassador to the United States was