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Hard Numbers: India taxes diesel exports, Donetsk citizens told to flee, France nationalizes EDF, NYC needs lifeguards
Employee at a gas station during a protest against rising fuel prices in Assam, India.
David Talukdar via Reuters Connect
100,000: New export taxes on fuel could reduce the amount of diesel India sells abroad by as much as 100,000 barrels per day, exacerbating shortages and high prices elsewhere. Meanwhile, the Indians keep scooping up Russian oil at bargain prices.
350,000: The governor of Donetsk is urging 350,000 civilians to escape the Ukrainian province as Russia advances in its bid to seize the entire eastern Donbas region. The Russians took Luhansk over the weekend and now control about half of Donetsk.
100: France will take 100% control of the debt-ridden power group EDF. The state already owned 84%, but EDF has been sustaining huge losses after investing in more nuclear plants and footing the bill for energy price caps introduced in January. The government hopes this will help France move away from fossil fuels.
In this episode of Tools and Weapons, Microsoft Vice Chair and President Brad Smith sits down with Ed Policy, President and CEO of the Green Bay Packers, to discuss how purpose-driven leadership and innovation are shaping the future of one of the world’s most iconic sports franchises. Ed shares how technology and community-focused initiatives, from Titletown Tech to health and safety innovations on the field, are transforming not just the game of football, but the economy and culture of Green Bay itself. He explains how combining strategic vision with investment in local startups is keeping talent in the Midwest and creating opportunities that extend far beyond Lambeau Field.
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Egyptians are voting this month in parliamentary elections that aren’t expected to change who’s in charge, but could allow President Abdel Fattah el-Sisi to rule beyond 2030.
Thailand and Cambodia’s ceasefire is on the verge of collapse. Strikes were launched across their disputed border today, following clashes over the weekend that resulted in the death of a Thai soldier.