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Parry secures Mauritius Open title with fantastic back 9
England's John Parry sunk an eagle and four birdies on his back nine to card a 64 on Sunday and declare the Mauritius Open title at Mont Choisy Le Golf with 14 underpar, his very first triumph on the DP World Tour in 14 years. Parry started the final round five shots back, but his birdie blitz on the back nine saw him haul in joint overnight leader Dylan Naidoo (71) and win by two shots. Naidoo's South African compatriot Christo Lamprecht (65) likewise connected for second put on 12 under-par. Today the course felt a bit softer. It was a chip in on 12 (for an eagle) that gave me the momentum. I had a glimpse at the leaderboard and believed I would be further back, Parry stated. It is enormous (to win), five or 6 years ago I was close to quiting golf. It has been a long battle, but worth it. Parry's previous win on the elite European circuit came at the Vivendi Cup in 2010, however he has three wins on the Difficulty Tour this year. Naidoo began his final round with 3 bogeys in his very first 4 holes before recovering to sink 4 birdies, however by then he had actually fallen too far behind. England's Eddie Pepperell
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Trump says he may demand Panama hand over canal
P residentelect Donald Trump on Saturday accused Panama of charging extreme rates for use of the Panama Canal and said that if Panama did not manage the canal in an appropriate fashion, he would demand the U.S. ally hand it over. In a night post on Reality Social, Trump likewise cautioned he would not let the canal fall under the incorrect hands, and he appeared to caution of prospective Chinese impact on the passage, composing the canal ought to not be handled by China. The post was an exceedingly unusual example of a U.S. leader saying he could push a sovereign country to turn over area. It also highlights an anticipated shift in U.S. diplomacy under Trump, who has not historically avoided threatening allies and utilizing bellicose rhetoric when handling equivalents. The United States largely developed the canal and supervised area surrounding the passage for decades. However the U.S. government totally handed control of the canal to Panama in 1999 after a period of joint administration. The fees being charged by Panama are absurd, especially knowing the extraordinary generosity that has actually been bestowed to Panama by the U.S., Trump wrote in his Fact Social post. It was not provided for the advantage of others, but merely as a. token of cooperation with us and Panama. If the principles, both. moral and legal, of this generous gesture of giving are not. followed, then we will require that the Panama Canal be returned. to us, in full, and without question. The Panamanian embassy in Washington did not right away. react to a request for comment.
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US military conducts accuracy airstrikes against Houthi targets in Sanaa
The U.S. military on Saturday stated it performed precision airstrikes against a missile storage facility and a commandandcontrol center operated by Iranbacked Houthis in Yemen's capital, Sanaa. In a declaration, the U.S. military's Central Command stated the strikes intended to interfere with and degrade Houthi operations, such as attacks against U.S. Navy warships and merchant vessels in the Southern Red Sea, Bab al-Mandeb, and Gulf of Aden. The U.S military also said it struck multiple Houthi one-way attack uncrewed aerial automobiles, or drones, and an anti-ship cruise rocket over the Red Sea. The Iran-backed group in Yemen has actually been attacking business shipping in the Red Sea for more than a year to try to impose a. naval blockade on Israel, saying they are acting in solidarity. with Palestinians in Israel's year-long war in Gaza.
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India's tax panel declines airlines' call to add aviation fuel to GST routine
An Indian government panel has actually turned down an airline market proposition for air travel fuel to be brought under the combined Goods and Services Tax (GST), the financing minister stated after a meeting of the panel on Saturday. Currently, state governments select how to tax aviation turbine fuel (ATF). Airlines have actually been lobbying to include it in the GST program so the levy is the very same nationwide, however state authorities have actually opposed that, fearing they might lose income. States do not desire ATF to be brought under GST much like gas and diesel, federal Financing Minister Nirmala Sitharaman said after Saturday's conference of the Goods and Provider Tax ( GST) Council. The council is chaired by Sitharaman and includes state federal government representatives. The tax panel also decided to enforce 18% GST when all utilized or old cars, consisting of electrical vehicles, are sold by registered sellers. Such lorries offered directly between two people will not bring in tax. It postponed strategies to slash taxes on some life and health insurance coverage premiums, a relocation that was viewed as crucial to getting more Indians to sign up for protection. Sitharaman said the propositions required further discussion.
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Chinese ship linked to Baltic Sea cable television breach resumes voyage
A Chinese bulk carrier that is under investigation following a breach of 2 fibreoptic cables in the Baltic Sea is once again moving after sitting still for more than a month in a close-by Danish shipping lane, The Swedish Coastguard stated on Saturday. China had on Thursday allowed representatives from Germany, Sweden, Finland and Denmark to board the Yi Peng 3 along with Chinese private investigators, breaking a month-long diplomatic standoff. It has started moving and has said it is going to Port Said in Egypt, a Swedish Coastguard representative told Reuters. We. are tracking the ship and are in close contact with other. concerned authorities, the representative added. No further details were offered and the representative did not. state whether any proof had actually been discovered relating to the cable. breaches. Jonas Backstrand, chair of Sweden's mishap. investigation authority, said on Friday: We are content with. the go to onboard, which was fairly open and transparent and. we had the possibility to see what we wanted to see and to talk. to the team members that we wished to talk with. The Baltic Sea cable televisions, one connecting Finland and Germany and. the other linking Sweden to Lithuania, were harmed on Nov. 17 and 18, triggering German Defence Minister Boris Pistorius to. say he assumed this was caused by sabotage. Private investigators rapidly zeroed in on the Chinese ship, which. left the Russian port of Ust-Luga on Nov. 15. A Reuters analysis. of MarineTraffic data showed the vessel's collaborates. represented the time and location of the breaches. Vessels in global waters gain from the liberty of. navigation concept, meaning a state can not interfere with. ships sailing under the flag of another state. Denmark, which helped broker a compromise permitting the. European nations to send representatives on board, on Thursday. said the Yi Peng 3 would be able to resume its journey following. the examination. Sweden's mishap investigation authority stated it had. inspected the vessel alongside a comparable Chinese agency, while. policeman from Finland, Germany, Sweden and Denmark were. present as observers.
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More than 20 dead in bus and truck accident in Brazil
A packed bus hit a truck and burst into flames early on Saturday in Brazil, eliminating at least 22 individuals, the fire department stated. The bus bring 45 guests had a tire blowout and the motorist lost control of the lorry, which crashed into an approaching truck loaded with tiles at 4 a.m. on a significant highway near the town of Teofilo Otoni, in Minas Gerais state. Firemens said they saved 13 passengers from the damaged bus. Three residents of an automobile that likewise clashed and was caught under the truck made it through the mishap. Firefighters have actually recuperated 22 bodies from the bus, and more victims are still to be gotten rid of, firefighter Alonso Vieira Junior said in a video launched by the fire department. He said a crane was needed to gain access to another section of the bus where additional victims are located.
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Two Russian airports briefly stop operations, air travel guard dog states
Russia's Kazan airport has temporarily stopped flight arrivals and departures, Russia's. aviation watchdog Rosaviatsia said through the Telegram messaging. app on Saturday, following a Ukrainian drone attack on the city. Russian state news firms reported the drone attack on a. domestic complex in Kazan, a city some 500 miles (800 km). east of Moscow. The TASS firm stated eight drone strikes had. been tape-recorded including six on domestic structures. There were no casualties reported, companies stated, citing. regional authorities. The Baza Telegram channel, which is close to Russia's. security services, released unverified video footage revealing an. aerial things crashing into a skyscraper, producing a. big fireball. Rosaviatsia stated it was also presenting temporary. restrictions at the airport in Izhevsk, a smaller sized city northeast. of Kazan.
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Venture Global, a LNG producer, files an IPO at the NYSE
Venture Global, the United States' largest producer of liquefied gas, filed on Friday for what could become one of the world's largest initial public offering next year. According to the filing, the LNG producer intends to list its Class-A common shares on NYSE under the symbol "VG". In November, it was reported that Arlington, Virginia based company planned to raise approximately $3 billion through its New York IPO. LSEG data shows that the cold storage giant Lineage’s $4.44 billion New York IPO and Hyundai Motor India’s $3.33 trillion Mumbai IPO were the two largest listings in this year. The company intends to use a portion of the proceeds towards general business purposes including funding operations. The company stated in its filing that Venture Global Partners II, LLC, Robert Pender, and Michael Sabel, Venture's co-chairmen and founders, will continue to control more than half of the voting power after the IPO. Sabel is the CEO of the company. According to the filing, Goldman Sachs & Co. J.P. Morgan and BofA Securities are amongst the underwriters of the IPO. Venture Global, founded 11 years ago, has already risen to the top of U.S. Natural Gas exporters. It competes with larger rivals Cheniere Energy Freeport LNG, and Sempra. Venture Global operates two plants in Louisiana. Its second plant at Plaquemines achieved its first LNG production only last week. The company reported revenues for the nine-month period ended September 30, which was down from $6.27 billion a year ago. (Reporting from Ananya Marym Rajesh in Bengaluru, Leroy Leo, and Prakhar Shrivastava; editing by Vijay Kishore).
US LNG export gains at danger if Trump wins election and boosts tariffs, experts state
U.S. exporters of melted gas (LNG) might face new difficulties if Republican Donald Trump wins the presidential election because of a proposed 60% tariff on imports from China, regardless of the former president's pledge to speed brand-new energy licenses, say experts.
The U.S. became the world's biggest exporter of the super-chilled gas last year, producing tens of billions of dollars in annual trade. Exports will balance 12.1 billion cubic feet per day this year, almost double their level 4 years back, according to U.S. government estimates.
Even higher possible gains have actually been stalled because President Joe Biden's Energy Department stopped briefly approvals for new LNG export permits to non-free trade arrangement nations. A. federal judge in July obstructed the administration's ability to. continue the time out in approvals of applications and in. September, DOE authorized New Fortress Energy Inc to. export up to 1.4 million tonnes a year of LNG.
The Democratic governmental project of Vice President. Kamala Harris has not stated whether she would attempt to continue. the pause.
Trump has promised to speed up energy permitting, but. this promise might be damaged by his strategy to apply 60% tariffs. on imports from China, said Erica Downs, Senior Research Scholar. at Columbia University's Center on Global Energy Policy. She. cautioned that China might reciprocate by avoiding brand-new contracts. and re-exporting U.S. cargoes to other countries.
RE-EXPORTS TO AVOID TARIFFS
The location versatility of U.S. LNG indicates that Chinese. business can on-sell it to other buyers to avoid paying the. tariff, Downs told Reuters.
Last year, China accounted for about 4% of overall U.S. LNG. sales. Its business have long-lasting agreements to take practically 28. million metric heaps per year (MTPA) of LNG in the future, 7. times what it purchased in 2015.
Trump will stimulate investment, but at the expense of. heightened trade risks, particularly with China, included Alex. Munton, consultancy Rapidan Energy's director of worldwide gas.
The biggest U.S. LNG exporter, Cheniere Energy, in. June stated it agreed to sell a subsidiary of China's ENN Natural. Gas 1.8 MTPA of the superchilled gas, with deliveries to. commence in mid-2026. The agreement permits ENN to ship the fuel. anywhere in the world.
Gas demand in Louisiana and Texas, the two states. with the most LNG export centers, expanded by 116% in between. 2016 and 2022, driven mostly by increased demand for feedgas. for LNG exports, according to EIA data.
SCARE TECHNIQUE
The Trump campaign has actually turned down claims that his proposed. tariffs might injure LNG exports, calling it a scare technique by. challengers. Tariffs and deregulation will increase U.S. tasks and. production by motivating companies to drill and produce more. oil and gas, campaign spokespeople said.
Kamala Harris is trying to fearmonger and lie about his. plan although she and Joe Biden kept the Trump era tariffs in. location, said project spokesperson Anna Kelly.
Information from the U.S. Energy Information Administration reveals. Trump's 2018 sanctions on China triggered a 12-month freeze of. Chinese imports of U.S. LNG that lasted until March 2019.
If China wished to strike back over tariffs, U.S. LNG and oil. would be high on its list of imports considering that they rank amongst the. most valuable U.S. exports to China, stated Columbia's Downs.
There are other LNG exporters that undoubtedly would be. very happy to offer more LNG to China, Downs told Reuters.
The Harris governmental campaign did not respond to a. request for comment. U.S. ecological groups that oppose new. LNG plants see Harris as a possible ally.
Harris has been a tested environment champion throughout her. profession, said Mahyar Sorour, Sierra Club's Director of Beyond. Fossil Fuels Policy.
3 U.S. business whose projects deal with potential. allowing delays - Energy Transfer, Venture Global LNG,. and Commonwealth LNG - declined to comment.
Top exporter Cheniere Energy, which has new tasks on the. drawing board, stated it has worked with both Democratic and. Republican administration and is confident it will do so after. the Nov. 5 election.
(source: Reuters)