Home by Home, Russia Is Selling Occupied Ukraine to Russians
The building that once stood there was in fact demolished by developers after Russia conquered Mariupol in a brutal onslaught that killed thousands of people and devastated the Ukrainian port city's housing stock.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
9 minutes ago
- Yahoo
Sibanye-Stillwater's call for US tariff on Russian palladium may add to price volatility
LONDON (Reuters) -Sibanye-Stillwater has asked the United States to consider imposing a tariff on Russian palladium imports to support the long-term viability of U.S. supplies, in a move that could increase volatility in palladium prices. The petition filed by Johannesburg-based Sibanye-Stillwater adds another layer of uncertainty to prospects for platinum group metals (PGMs) after a rally in prices so far this year due to lower first-half production in South Africa and thin liquidity in the spot market. "We believe that Russian palladium imports are being sold below market prices due to various factors, beginning primarily after the Russian invasion of Ukraine in 2022," Sibanye-Stillwater's Chief Executive Neal Froneman said in a statement on the company's website dated July 31. "Obtaining relief from dumped and subsidised Russian imports will give Sibanye-Stillwater, its employees, and the entire U.S. PGM industry, an opportunity to compete on a more level playing field," he added. A final decision on the petition is likely within 13 months. Russia's Nornickel, the world's largest palladium producer with a 40% share of global mined output, declined to comment. Sibanye-Stillwater, which has production assets in South Africa and the United States, suffered its second consecutive full-year loss last year after writing down $500 million of its U.S. palladium assets amid low prices. Spot palladium prices are up 31% so far this year, and the outlook for the rest of the year is positive for miners: analysts forecast in a Reuters poll in July that the palladium price would rise in 2025 for the first time in four years, aided by platinum's rally. "Although placing duties on Russian metal would not necessarily impact the market balance of palladium, it could result in the re-routing of global physical metal flows, leading to price volatility," analysts at Heraeus said. Russia and South Africa are the top suppliers of palladium to the United States, according to the Trade Data Monitor. For Russia, China is the second largest buyer of the metal after the United States. Russian palladium imports to the U.S. increased 42% year-on-year to more than 500,000 troy ounces in January-May, according to Heraeus. PGMs, used widely to clean exhausts in gasoline vehicles, have so far avoided both U.S. sanctions imposed on Russian companies over the Ukraine war and any import tariffs announced by President Donald Trump. Sign in to access your portfolio
Associated Press
12 minutes ago
- Associated Press
AI Meets Demolition: Apex Abatement and Demolition LLC Releases Instant Budget Calculator for Property Owners
- Free online tool helps developers, contractors, and property owners estimate demolition costs in seconds using artificial intelligence - AMESBURY, Mass., Aug. 4, 2025 (SEND2PRESS NEWSWIRE) — Apex Abatement and Demolition LLC today announced the release of an AI-powered Instant Demolition Budget Calculator. The free online tool provides fast, rough cost estimates for commercial and residential demolition projects, helping contractors, property owners, and developers plan more efficiently. The calculator uses artificial intelligence to generate a budget based on pictures, project size, structure type, and other basic inputs. While the tool does not replace a formal estimate, it offers valuable insight into project costs at the planning stage, saving time and reducing guesswork. 'We built this tool because clients often ask us for quick ballpark numbers,' said Robert Sullivan, owner of Apex Abatement and Demolition LLC. 'With this calculator, they don't have to wait for a call back—they can explore costs right away, then follow up for a formal quote.' The Instant Demolition Budget Calculator is accessible now at: The tool is designed for ease of use on desktop and mobile devices, and no login or personal information is required to get started. About Apex Abatement and Demolition LLC: Apex Abatement and Demolition LLC serves Massachusetts, Vermont, New Hampshire, Connecticut, and surrounding states with services including full building demolition, asbestos abatement, mold remediation, and emergency response. With a flawless safety record and a commitment to innovation, Apex continues to raise the bar for demolition contractors in New England. Website: LOGO link for media: NEWS SOURCE: Apex Abatement and Demolition LLC Keywords: Construction and Building, demolition cost calculator, instant demolition estimate, AI construction software, demolition, Apex Abatement and Demolition LLC, Construction, Business, Real Estate, Engineering, Architecture , AMESBURY, Mass. This press release was issued on behalf of the news source (Apex Abatement and Demolition LLC) who is solely responsibile for its accuracy, by Send2Press® Newswire. Information is believed accurate but not guaranteed. Story ID: S2P128211 APNF0325A To view the original version, visit: © 2025 Send2Press® Newswire, a press release distribution service, Calif., USA. RIGHTS GRANTED FOR REPRODUCTION IN WHOLE OR IN PART BY ANY LEGITIMATE MEDIA OUTLET - SUCH AS NEWSPAPER, BROADCAST OR TRADE PERIODICAL. MAY NOT BE USED ON ANY NON-MEDIA WEBSITE PROMOTING PR OR MARKETING SERVICES OR CONTENT DEVELOPMENT. Disclaimer: This press release content was not created by nor issued by the Associated Press (AP). Content below is unrelated to this news story.
Yahoo
39 minutes ago
- Yahoo
Crude Prices Slip After OPEC+ Raises Crude Production Levels
September WTI crude oil (CLU25) today is down -0.62 (-0.92%), and September RBOB gasoline (RBU25) is down -0.0064 (-0.30%). Crude oil and gasoline prices today are moving lower after OPEC+ on Sunday raised its crude production levels, stoking fears of a global supply glut. Crude prices recovered from their worst levels on dollar weakness and after President Trump threatened to raise tariffs on India "substantially" for buying Russian crude oil. More News from Barchart Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! Concerns about a global oil supply glut are weighing on crude prices after OPEC+ on Sunday endorsed an additional 547,000 bpd increase in its crude production for September 1. OPEC+ is boosting output to reverse the 2-year-long production cut, gradually restoring a total of 2.2 million bpd of production by September 2026. After Sunday's meeting, the group said it will closely monitor demand and may maintain production levels, restart halted supplies, or reverse recent production increases. OPEC+ has 1.66 million bpd of supplies that are currently due to remain offline until late 2026. The International Energy Agency said inventories have been accumulating at a rate of 1 million bpd and that the global crude oil market faces a surplus by Q4-2025 equivalent to 1.5% of global crude consumption. OPEC July crude production fell -20,000 bpd to 28.31 million bpd. Crude prices recovered from their worst levels today after President Trump said he would be "substantially raising" the tariff on US imports from India due to India's purchases of Russian oil. Crude prices have support after President Trump said last Monday that he would impose new tariffs on countries buying Russian energy unless Russia reaches a ceasefire with Ukraine by this Friday. JPMorgan Chase warned that if enforced, oil markets would be unable to ignore the impact of triple-digit tariffs on Russian oil, given the significant scale of Russian exports and limited OPEC spare capacity, which could potentially lead to a supply shock. The European Union recently approved fresh sanctions on Russian oil due to its aggression against Ukraine. The sanctions package includes cutting off 20 more Russian banks from the international payments system SWIFT, as well as restrictions imposed on Russian petroleum refined in other countries. A large oil refinery in India, part-owned by Russia's Rosneft PJSC, was also blacklisted. Additionally, 105 more ships in Russia's shadow fleet were sanctioned, pushing the number of sanctioned ships above 400. A decline in crude oil held worldwide on tankers is bullish for oil prices. Vortexa reported today that crude oil stored on tankers that have been stationary for at least seven days fell by -15% w/w to 79.12 million bbl in the week ended August 1. Last Wednesday's weekly EIA report showed that (1) US crude oil inventories as of July 25 were -5.6% below the seasonal 5-year average, (2) gasoline inventories were -0.7% below the seasonal 5-year average, and (3) distillate inventories were -15.2% below the 5-year seasonal average. US crude oil production in the week ending July 25 rose +0.3% w/w to 13.314 million bpd, modestly below the record high of 13.631 million bpd posted in the week of 12/6/2024. Baker Hughes reported last Friday that the number of active US oil rigs in the week ending August 1 decreased by -5 rigs to a new 3.75-year low of 410 rigs. Over the past 2.5 years, the number of US oil rigs has fallen sharply from the 5.25-year high of 627 rigs reported in December 2022. On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Melden Sie sich an, um Ihr Portfolio aufzurufen.
