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Venezuela's PDVSA claims cyber attacks have not affected its operations and blames the U.S.
The attack comes amid high tensions between the U.S. government and Venezuelan government, including a large-scale U.S. military buildup in the'southern Caribbean,' U.S. strikes on alleged drug trafficking boats that have killed?80 people, and comments from U.S. President Donald Trump that land operations may begin soon?in Venezuela. The attack occurs amid high tensions in relations between the U.S. government and Venezuelan government. This includes a massive U.S. build-up of military forces in the southern Caribbean, U.S. attacks on suspected drug trafficking vessels that have killed '80 people, and comments by U.S. president Donald Trump that he may soon begin land operations?in Venezuela. The U.S. has captured Venezuelan oil cargo for the first time since sanctions were implemented in 2019. This has led to a dramatic drop in Venezuelan exports. It also hit crisis-hit Cuba which faces daily power outages. PDVSA employees fought back against the "foreign interest in complicity" with domestic entities that were "seeking to destroy Venezuela's sovereign energy development," according to the statement. The statement also said the attack was part U.S. efforts aimed at controlling Venezuela's oil through "force and piratery." The statement did not provide any further details about the attack. Venezuela's government blames "problems" like blackouts on the opposition and foreign entities such as the U.S. Central Intelligence Agency without providing evidence. But sources said effects ?were ongoing. One company source stated that "there's no cargo delivery, all systems are down." Sources said that PDVSA had ordered administrative and operations workers to disconnect themselves from the company systems, and limited access to PDVSA facilities for indirect workers. Reporting by
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Data shows that Azerbaijani oil exports through the BTC pipeline fell 7.1% year-on-year between January and November.
Azerbaijani figures show that Azerbaijani oil exports through the Baku, Tbilisi, and Ceyhan pipelines fell by 7.1% between January and November, as a result of contaminated oil. Azerbaijani crude oil cargoes were found to contain organic chloride in July. This caused several days of delays in loadings at the?BTC Ceyhan Terminal in Turkey. The BTC pipeline that runs through Georgia - to Turkey - is used for?exporting oil from BP's Azeri, Chirag, and Guneshli fields. According to Azerbaijan’s statistics committee, the total amount of oil shipped through the BTC in the first 11 months of this year was 33.4 million tonnes, with 74.6% of that being transported via the BTC. Data showed that the volume of transit oil imported from other countries (such as Kazakhstan, Turkmenistan and others) via the BTC dropped to 3.707 millions tons between January-November, from 4.890 in 2024. (Reporting and editing by Kirovan Donovan. Nailia Bagirova)
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Russia considers extending gasoline, diesel exports ban until February, state media reports
State news agencies reported on Monday that Russia was considering extending the diesel and gasoline export restrictions until February. Anonymous sources were cited. On Monday, Russian Deputy Prime Minister Alexander Novak presided over a meeting about the fuel market. The participants included officials from the Energy Ministry, the Federal Anti-Monopoly Service (FAMS) and representatives of oil companies. After the meeting, the government stated that the fuel producers kept the supply balanced. There is a downward trend in the fuel price for small wholesalers. The government has confirmed that the required fuel volumes are being provided to agricultural producers. The Russian government has extended the gasoline export ban to the end of this year and imposed a partial export ban on diesel at the end of September. The ban on diesel exports included marine fuel and other gas oils. The ban only applied to distributors and not direct producers. At that time, there were gasoline shortages in several Russian regions including Nizhny Novgorod (east of Moscow) and the far east. Since then, no major disruptions have been reported. Reporting by Vladimir Soldatkin, Olesya Astakhova and Andrew Osborn.
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The Louvre Museum in France has closed due to a rolling strike by workers
The Louvre museum in Paris closed Monday due to a staff strike demanding better working conditions. This also meant that the museum was not open during one of its busiest seasons. The museum has been dealing with recent infrastructure issues, including a leaky water pipe that damaged ancient books. The Louvre welcomes around 30,000 visitors per day. The museum will not reopen until Wednesday because it is normally closed on Tuesdays. Workers will then decide if the strike will continue. The museum was closed at its usual 9 am opening time on Monday after unions announced a walkout last week. This happened shortly before the vote that confirmed the walkout. Around?400 of the 2,200 museum employees supported the strike. The Louvre announced on X that the museum was closed due to a strike. COMPLAINTS? OVER WORKING CONDITIONS The CFDT union, CGT union and Sud unions called the strike in response to what they described as "increasingly deteriorated working conditions" The unions claimed that employees suffered from "an increasing workload" and from "contradictory orders" which prevented them from performing their duties correctly. The unions have asked for more permanent staff in the security and visitor service sectors, as well as improved working conditions. Unions are also against a 45% increase in ticket prices for non-EU visitors starting mid-January. The increase is intended to finance renovations. "We are well aware that visiting the Louvre can be a trip of a lifetime. We don't wish to penalize visitors," Elise Muller said, national secretary for Sud Culture Union. "We feel that we are the last to try to insist on a safe Louvre, one that has been neglected for years by its'management. TOURISTS DISAPPOINTED Despite the strike threat, some tourists found the Louvre closed when they arrived early Monday morning. Gretchen Johnson from Texas, an American, said: "We arrive and see them taking placards which say the time, and turning them back, and one of them said that the Louvre was closed." "And then we went and asked: "When will it open?" He said, "Probably not this morning. Certainly not this morning." Melissa Frisvold also from Texas said: "As visitors, we don't want to interfere with your politics. We want to be courteous. We understand that people may need to strike.
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Spain fines Airbnb $75 Million for unlicensed listings
The Consumer Rights Ministry announced on Monday that Spain fined Airbnb 64 million Euros ($75 million) for advertising unlicensed rental homes. Spain's leftist Government, along with city councils and some regional authorities, have been crackingdown on tourism rentals using sites such as Airbnb.com and Booking.com. Many in?Spain accuse these sites of creating excessive tourism and driving housing costs up by limiting the supply. Airbnb did not respond immediately to a request for comment after it'removed 65,000 listings in July that were deemed by the Ministry as violating its rules. The fine is a judicial penalty that can be appealed. The ministry issued a statement saying that the fine is equivalent to six-times the profit Airbnb made from the illegal listings. It was also the second highest fine the ministry had imposed in violation of consumer rights. Consumer Rights Minister, Pablo Bustinduy, told reporters. Ryanair received a 108 million euro fine in 2024 for charging an extra fee on cabin baggage. The European Commission stated earlier this year the fines levied by Spain on Ryanair, and other budget airlines, were in violation of regulations. The ministry stated that the fine for Airbnb was aimed at helping to tackle Spain's housing crisis. Bustinduy stated in a statement that "there are thousands of families who live on the edge due to housing costs, while?a few people get rich off business models which drive people away from their homes."
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Wisconsin Judge faces trial for stopping courtroom detention of migrant during Trump crackdown
A Wisconsin judge is scheduled to go on trial Monday for allegedly helping a migrant in her courtroom avoid an immigration arrest. This case will test President Donald Trump's attempts to punish those who allegedly obstructed his mass deportation campaign. Hannah Dugan is scheduled to make her opening statements on Monday. She faces federal charges that she hid a person and obstructed federal proceedings. Dugan has pleaded guilty to the charges brought by Trump's?Justice Department. The unusual trial of a judge in office reflects tensions about the Trump administration's immigration enforcement tactic, which includes placing federal agents inside courthouses for arrests. The Justice Department has instructed prosecutors to conduct investigations into activists and officials that it believes are hindering immigration operations. The case against Dugan is based on an incident that occurred in Milwaukee, Wisconsin on April 18, when a group from Immigration and Customs Enforcement and several other agencies were planning to arrest a Mexican migrant who was scheduled to appear before Dugan in his Milwaukee courtroom for domestic violence charges. ALLEGED DIVERSION OF Federal Agents Indictment: Dugan diverted agents from hallway where law enforcement was planning to arrest Eduardo Flores Ruiz after hearing. The indictment also claims that Dugan escorted Flores Ruiz and his lawyer out of the courtroom after they had privately discussed his case. Flores Ruiz was arrested after a short pursuit outside the courthouse. Dugan has been suspended by Wisconsin's highest court from his judicial duties while the case is being resolved. The prosecution must prove that Dugan corruptly acted to prevent Flores Ruiz from being arrested. In court filings they cited 'witnesses' who described Dugan as "visibly angered" when she discovered ICE agents outside her courtroom, and falsely telling police they?needed a judicial order to make an arrest. JUDGE SAYS HER POLICY WAS FOLLOWED According to court documents, Dugan's lawyers plan to tell jurors that she complied with courthouse policies directing a supervisor to be alerted to the presence of ICE agents. She also acted in good faith following two previous immigration arrests at the courthouse which sparked controversy. The Trump administration has eased restrictions on immigration enforcement operations in local courthouses, as part of an effort to deport millions migrants living illegally within the U.S. Some judges and advocates have condemned this practice. They claim it discourages people from seeking justice and undermines public trust in the system. (Reporting and editing by Scott Malone, David Gregorio and Andrew Goudsward)
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Greg Abel, Warren Buffett's successor, has steadily risen at Berkshire
Greg Abel's elevation to Berkshire Hathaway's CEO will mark the end of the career of a native Canadian who impressed the legendary investor with his commitment to the culture of the company, his long-term outlook, and ability to manage money. Buffett announced Abel's promotion as chief executive officer during Berkshire Hathaway's annual meeting in Omaha, Nebraska last May. Many people were surprised by the announcement. They thought that the 95-year old billionaire would never leave the conglomerate which he has been running since 1965. Abel was unaware of the announcement. Abel's promotion was expected in May 2021 when Charlie Munger, the late Berkshire vice chairman, revealed that Abel would be the board's pick to become CEO. Buffett will continue to be chairman. Abel, who is 63 years old, joined Berkshire when it purchased MidAmerican Energy in 2000. Later, the unit, now named Berkshire Hathaway Energy, became one of the biggest power providers in central and western United States. Abel is a vice-chairman of Berkshire since 2018. He oversees the non-insurance business of the company, including BNSF Railroad, chemical, energy, and industrial companies, and retailers like Fruit of the Loom, and See's Candies. Ajit Jain is still a vice-chairman at Berkshire and oversees the insurance business. Investors have long considered Jain as a potential CEO candidate. Buffett, however, has stated that Jain does not want the position. Berkshire declined to comment through Buffett’s assistant. They noted that Buffett had discussed Abel's character, abilities and dedication to Berkshire in a letter he sent to shareholders on Nov. 10. Buffett and Abel declined to be interviewed. However, the company is still a small one. A management shake-up has been announced Abel will take over a few weeks after that. Abel will hand over direct control of Berkshire’s 32 consumer products, services and retailing companies to Adam Johnson will continue to run the NetJets Luxury Plane Unit. Nancy Pierce, who had previously been the chief operating officer at GEICO was also promoted by Berkshire to become CEO of GEICO. Todd Combs is replaced He was also one of Buffett's Portfolio Managers and now he is a Director at JPMorgan Chase. Berkshire has also appointed a new Chief Financial Officer and its first in-house General Counsel. Michael Ashley Schulman of Running Point Capital, El Segundo in California, said that Abel will be bringing "trusted lieutenants" and "fresh talent" to Berkshire, to balance continuity and modernization. BUFFETT CALLS ABEL A "GREAT MANAGER" Abel worked in Des Moines, Iowa. This is about 135 miles east of Omaha where Berkshire will remain. He is also more hands-on than Buffett but has stated that he will honor Berkshire’s culture, which allows operating businesses to run autonomously. Abel has been described by many Berkshire managers as "knowledgeable, compassionate and with an excellent capacity to listen." His public image is more like a blank canvas. Abel is lacking in his boss's ability to entertain and give advice with a silver tongue. Buffett appeared in TV shows "All My Children," "The Office," and Heinz Ketchup Bottles. He also lent his face to Coca-Cola bottles, Heinz Ketchup bottles, and rubber duckies. In a letter he wrote in November, Buffett described Abel as "a great leader, a tireless employee, and an honest communicator." Wish him a long tenure." FOR HOCKEY FANS, AN ICES BUCKET Abel grew up in Edmonton, Alberta. He is a hockey enthusiast and graduated from the University of Alberta in 1984. Trained in accounting, he joined PricewaterhouseCoopers and later moved to geothermal energy firm CalEnergy. He joined MidAmerican Energy as a manager in 1992, and was promoted to chief executive in 2008. He was able to benefit from the ability of MidAmerican Energy, which is unusual among utilities, for it to retain earnings and reinvest them in its business to boost growth instead of paying shareholder dividends. Buffett prefers that his companies invest in new businesses or themselves. This freedom allowed Abel to buy the Nevada utility NV Energy, and Alberta electric transmission company AltaLink. It also helped Abel expand aggressively in renewable energy. Berkshire Hathaway Energy?controls also a large U.S. residential brokerage. Abel has nearly $170 million in Berkshire stock. This is a lot for a CEO, but some investors think he should have more. Abel could become a billionaire in 2022 after Berkshire purchased his 1% share in Berkshire Hathaway Energy. He also showed a willingness to have fun. In 2014, Abel accepted the Ice Bucket Challenge in order to raise awareness about Lou Gehrig's Disease, also known as amyotrophic-lateral sclerosis. Abel gave a thumbs-up to the camera after a Berkshire Hathaway Energy worker soaked him in water. (Reporting and editing by Nick Zieminski in New York. Reporting by Jonathan Stempel)
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EU expands Belarus sanctions to include hybrid activities
The European Union (EU)?on Monday widened its sanctions against?Belarus to include actions that are viewed as undermining democracy, rule of law and overall security within member states. The sanctions are in response to the repeated disruptions of air traffic by meteorological balloons that have been launching into Lithuanian airspace from Belarus. The EU Council stated that "the new 'criterion' will allow the EU impose restrictive actions against those who plan, direct or engage in foreign information manipulation, interference and support." The EU will be able also to target unauthorised entry on the territory of a member country," the report added. Last week, Lithuania declared a "state of emergency" and requested that parliament authorise military support for border guards and police after a wave of smugglers balloons from Belarus disrupted the air traffic. Belarus has denied responsibility for the balloons, and accused Lithuanian provocations. (Reporting and writing by Andrew Gray, Lili Bayer and Louise Breusch Rasmussen; editing by Bart Meijer).
Philippines protests China's actions in South China Sea that have injured Filipino fishermen
The Philippines announced on Monday that it would protest against the Chinese Coast Guard's "harassment" and "endangerment of Filipino fishermen last week in a South China Sea Shoal.
Manila's Coast Guard said that two fishing boats were damaged and three Filipino fishermen injured when Chinese coast -guard -ships cut anchor lines and fired water cannons near Sabina Shoal, on Friday.
The Philippines expressed alarm at the actions of China’s coast guard. It said that the use of dangerous manoeuvres, such as water cannons, which cause injuries and damage to property "cannot justify".
The Philippines' maritime council issued a statement saying that "the?Philippines" would take the appropriate diplomatic action and express its strong opposition to these actions. It also demanded China stop such aggressive acts.
According to information provided by the Foreign Minister, the Presidential Press Officer Claire?Castro informed reporters that the Philippines would be filing a demarche at the Chinese Embassy on Monday.
China's Foreign Ministry nor its Embassy in Manila did not respond immediately to an inquiry for comment. China's coast guard announced on Friday that it had ejected multiple Philippine vessels from the area and taken "control" measures.
The Philippines called the Chinese statement "deeply disturbing".
The council stated that it was "calling on the CCG to act responsibly and adhere to international standards in order to place the preservation and safety of civilians above any actions which sow fear or endanger civilians." The United States, as a signatory to the Treaty of Washington, has condemned China's use water cannons on its ships and the cutting off of anchor lines for Filipino fishermen.
In a press release, U.S. State Department deputy principal spokesperson Tommy Pigott stated that "we stand with our Philippine allies in their fight against China's increasingly dangerous and provocative tactics towards its neighbors which undermine the?regional stabilty".
The Escoda Shoal is located in the exclusive economic zone of the Philippines, 150 km (95 mi) west from Palawan province.
China claims nearly the entire South China Sea. This waterway supports a commerce of more than $3 trillion annually. Beijing's claims extend into Brunei and Indonesia's exclusive economic zones, as well as Malaysia, the Philippines, and Vietnam.
China has rejected the 2016 ruling of an international arbitral court that Beijing's broad claims were not based on international law. (Reporting and editing by David Stanway; Mikhail Flores)
(source: Reuters)