China is ramping up purchases of Russian oil as India steps back:
Chinese imports of Russian oil surged +50% over the last 2 months, to 2.09 million barrels per day in the first 18 days of February.
By comparison, the country imported 1.72 million in January and 1.39 million in December.
The surge has more than offset a sharp decline from India, where imports have fallen -40% from the June peak, to ~1.2 million barrels per day.
As a result, combined imports from China and India are up to ~3.3 million barrels per day, the highest since July 2023.
Furthermore, shipments of Urals crude to China rose to 600,000 barrels per day in December, the highest in data going back to 2018.
China's economic relationship with Russia has never been stronger.
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Chinese imports of Russian oil surged +50% over the last 2 months, to 2.09 million barrels per day in the first 18 days of February.
By comparison, the country imported 1.72 million in January and 1.39 million in December.
The surge has more than offset a sharp decline from India, where imports have fallen -40% from the June peak, to ~1.2 million barrels per day.
As a result, combined imports from China and India are up to ~3.3 million barrels per day, the highest since July 2023.
Furthermore, shipments of Urals crude to China rose to 600,000 barrels per day in December, the highest in data going back to 2018.
China's economic relationship with Russia has never been stronger.
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This is the mainstream dem platform: an angry Muslim, an old lady, and a man in a dress telling you you should be ashamed
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Media is too big
VIEW IN TELEGRAM
Liberals will watch this video and be like, “Wow, at birth children are completely blank slates!”
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BREAKING: Harvard’s Larry Summers is RESIGNING from the university following revelations he had a super close relationship with Jeffrey Epstein mere MONTHS before Epstein’s death
The files show Summers was consulting with Epstein on soliciting a romantic relationship with one of Summers’ MENTEES in 2019.
Summers was a VOCAL opponent of Donald Trump in 2016, doing everything he could to block him from the presidency.
Now we know why.
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The files show Summers was consulting with Epstein on soliciting a romantic relationship with one of Summers’ MENTEES in 2019.
Summers was a VOCAL opponent of Donald Trump in 2016, doing everything he could to block him from the presidency.
Now we know why.
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JUST IN - Former U.S. Treasury Secretary Larry Summers will resign from teaching at Harvard at the end of the academic year, over his ties to Jeffrey Epstein — NYT
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According to VOX
Winner: Communist traitor Eileen Gu.
Loser: US Men’s Hockey.
You do not hate the media enough.
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Winner: Communist traitor Eileen Gu.
Loser: US Men’s Hockey.
You do not hate the media enough.
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Netherlands just cancelled the 36% tax on unrealized gains.
Back to the drawing board after huge negative public reaction.
You can't force people to pay taxes on paper profits they have not realized yet. Especially when those gains can evaporate overnight.
This policy was going to destroy retail investors and drive wealth to other countries. People would have been forced liquidate assets just to cover tax bills on holdings they wanted to keep.
Public pressure works when enough people speak up.
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Back to the drawing board after huge negative public reaction.
You can't force people to pay taxes on paper profits they have not realized yet. Especially when those gains can evaporate overnight.
This policy was going to destroy retail investors and drive wealth to other countries. People would have been forced liquidate assets just to cover tax bills on holdings they wanted to keep.
Public pressure works when enough people speak up.
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