• WWW.BUSINESSINSIDER.COM
    The US keeps hitting Putin's war chest with energy sanctions. The impact goes beyond Russia.
    The latest US sanctions on Russia's energy sector impact China and India, altering trade dynamics.The sanctions target Russian oil giants and tankers, raising oil prices to a four-month high.China and India may seek oil from other regions, while Russia might offer discounts.The US' latest move to hit Russia's energy revenues is changing up the industry's global trade flows.On Friday, the US Treasury Department together with the UK slapped new sanctions against Russia's key energy sector, including restrictions against oil giants Gazprom Neft and Surgutneftegas.The Biden administration also imposed sanctions on 183 tankers associated with Russia's oil trade. Last year, that group of ships transported about one-quarter of Russia's energy exports, mostly crude oil, Goldman Sachs analysts estimated in a Sunday note.Buyers from China and India Russia's top oil customers are likely to be impacted by the new sanctions, changing the world's energy trade dynamics.Traders in China and India look to the Middle East, AmericasChina will be impacted by the latest sanctions because most targeted tankers ship oil to the country, wrote Matthew Wright, the lead freight analyst at analytics firm Kpler, on Friday.The sanctions, which would impact oil shipping, trading, and insurance, sent prices of the commodity up to a four-month high on Monday.International benchmark Brent crude oil futures were 1.7% higher at $81.15 a barrel at 2.10 a.m. ET. The US benchmark West Texas Intermediate futures were up 1.9% at $78 a barrel.Both Brent and WTI oil futures are up 8% this year to date.Traders told Reuters that China and India will be forced by the new sanctions to seek non-sanctioned oil from the Middle East, Africa, and the Americas.A Singapore-based trader told the news agency the sanctioned tankers shipped close to 900,000 barrels per day of Russian crude oil to China over the past 12 months and that these exports are going to "drop off a cliff."Even before this round of sanctions, oil traders in China and India have been anticipating higher curbs on Russian oil. They have increased crude oil purchases from the Middle East and the Atlantic Basin, Bloomberg reported on Friday.These latest developments illustrate the fast-changing pace of the world's energy flow since Russia's full-scale invasion of Ukraine in February 2022 triggered sweeping sanctions against the energy giant.They also come just days before US President-elect Donald Trump takes office. The incoming American leader has pledged to lift energy output and boost the US' energy exports.Russia is a top supplier of crude oil to both China and India.Not a 'game-changer'The incoming US administration's stance on the energy sector is one reason why recent oil price gains may not continue, wrote Vishnu Varathan, Mizuho's head of macro research for Asia, excluding Japan.Varathan said in a Monday note that while the latest oil sanctions against Russia are boosting the market, they are not a game-changer.Not only is the potential of higher US supply expected to hold up the market, but demand from China the world's second-largest economy has also slowed amid prolonged economic malaise.Goldman Sachs analysts also cited the high spare capacity in oil as a factor that could weigh on prices.Meanwhile, Russia is likely to pull out countermeasures to the US' latest sanctions package."Russian oil can discount to incentivize continued shipping by a dynamic shadow fleet and continued purchases by price-sensitive buyers in new or existing destination countries, with both the ships and buyers being less sensitive to Western sanctions," Goldman Sachs analysts wrote.
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  • WWW.BUSINESSINSIDER.COM
    Gavin Newsom says he's already 'reimagining LA 2.0' post-wildfire, and that California needs a 'Marshall Plan' to rebuild
    California Gov. Gavin Newsom is already looking ahead to an "LA 2.0" post-wildfire.He said he is "organizing a Marshall Plan" to hasten the city's recovery efforts.The fires, which started last week, burned through more than 40,300 acres of land and resulted in at least 24 deaths.As the devastating wildfires in Los Angeles continue to rage, Gov. Gavin Newsom is looking toward rebuilding an "LA 2.0" post-fire.Newsom was asked in an NBC "Meet the Press" interview on Saturday if California would be ready to host the World Cup, the Super Bowl, and the Olympics over the next couple of years in the aftermath of the wildfires.Speaking against the backdrop of a fire-ravaged neighborhood, Newsom said that he's already "organizing a Marshall Plan" and already has a team "looking and reimagining LA 2.0."The Marshall Plan harkens back to the post-World War 2 period when President Truman signed the Economic Recovery Act of 1948. The act saw more than $13 billion invested in rebuilding Western Europe's economies, bringing investments into the region, and stimulating the US economy by building a market for American goods.When asked for details of the new "Marshall Plan," Newsom said he was talking to city, civic, business, nonprofit, and labor leaders about recovery efforts and working to "galvanize the community.""We have got to be thinking three weeks, three months, three years ahead; at the same time, we're focusing on the immediacy, which is life safety and property," he told NBC.Representatives for Newsom did not provide further comments in response to queries from Business Insider.Newsom said in the interview that the wildfires will likely be one of the worst natural disasters in the country's history, in terms of the costs associated with it and its scale and scope.AccuWeather, a weather forecasting service, estimated the total economic damage to land between $52 and $57 billion. JPMorgan analysts estimated that insured losses could reach $20 billion.The wildfires haveravaged over 40,300 acres of landacross Los Angeles. At press time, at least 24 people have died, and according to CalFire statistics, more than 12,300 structures have been damaged.As the fire passed through the wealthy Pacific Palisades neighborhood, the homes of several Hollywood A-listers, like Paris Hilton, Milo Ventimiglia, and Billy Crystal, burned down.The two largest fires, the Palisades Fire and the Eaton Fire, are only 11% and 27% contained, per CalFire.The governor said he had alsoordered an investigationinto why fire hydrants ran dry and lost water pressure in the Pacific Palisades area of Los Angeles, hindering firefighting efforts.Newsom's latest statements come as he faces criticism from President-elect Donald Trump for his handling of the wildfires.In a Truth Social post, Trump called Newsom "incompetent" and said he was to blame for the wildfires.Newsom said in the NBC interview that Trump's comment was "inaccurate."He then invited Trump to "come out" to California and "take a look for himself." Newsom's team has also launched a fact-checking website to combat misinformation about the fires.
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  • WWW.ARCHDAILY.COM
    Playgrounds in Jaworek Park in Tychy / RS + Robert Skitek
    Playgrounds in Jaworek Park in Tychy / RS + Robert SkitekSave this picture! Tomasz ZakrzewskiParkTychy, PolandArchitects: RS+ Robert SkitekAreaArea of this architecture projectArea:7874 mYearCompletion year of this architecture project Year: 2024 PhotographsPhotographs:Tomasz ZakrzewskiManufacturersBrands with products used in this architecture project Manufacturers: ATIS, Allplan, Bauder, Cinema 4D, ZANO More SpecsLess SpecsSave this picture!Text description provided by the architects. The investment plot in Jaworek Park is a space that combines the natural landscape with modern recreational solutions. The site was undeveloped, surrounded by paths and small trees. Nearby the site is a toboggan hill.Save this picture!We divided the area into two zones: a water play area and a natural playground, utilizing the existing pedestrian pathways. The water playground is located in a basin surrounded by hills, echoing the shape of the nearby toboggan hill. These hills provide natural protection for the nearby buildings from the noise of children playing. Bridges, suspended above the basin, serve a communicative function, connecting the southern and northern parts of the site, while also offering a viewing point. In the depression of the land, there is a colorful water attraction zone, around which we placed wooden seating. These seats define the space for water play and also serve as resting spots for children and caregivers. One of the slopes surrounding the playground discreetly houses a technical building for the water features.Save this picture!In the second part of the plot, we planned a natural playground, where materials such as wood, wicker, gravel, sand, wood chips, and jute rope dominate. There are play structures and educational elements made from natural materials. Winding paths, surrounded by carefully designed greenery, lead through the area, complemented by rain gardens that support the natural water cycle and enhance biodiversity. The entire project creates a distinctive space that combines recreational, educational, and social functions.Save this picture!Project gallerySee allShow lessProject locationAddress:Tychy, PolandLocation to be used only as a reference. It could indicate city/country but not exact address.About this officeRS+ Robert SkitekOfficePublished on January 13, 2025Cite: "Playgrounds in Jaworek Park in Tychy / RS + Robert Skitek" 13 Jan 2025. ArchDaily. Accessed . <https://www.archdaily.com/1025492/playgrounds-in-jaworek-park-in-tychy-rs-plus-robert-skitek&gt ISSN 0719-8884Save!ArchDaily?You've started following your first account!Did you know?You'll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream
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  • WWW.ARCHDAILY.COM
    LEE Residence / InOrder Studio
    LEE Residence / InOrder StudioSave this picture! studio vwpArchitects: InOrder StudioAreaArea of this architecture projectArea:145 mYearCompletion year of this architecture project Year: 2024 PhotographsPhotographs:studio vwpManufacturersBrands with products used in this architecture project Manufacturers: 41zero42, Agapecasa, Aica, Arflex, Artemide, BELHiFi, Cappellini, Cassina, EDRA, FLOS, Glasitalia, Isamu Noguchi, Kawajun, LeeBroom, Luceplan, Stilnovo, TopCer.pro, Walter KnollMore SpecsLess SpecsSave this picture!Text description provided by the architects. Lee Residence is located in Taichung City and spans 45 pings (approximately 148.5 square meters). It is home to a couple who are passionate about post-1950 modernist design and deeply knowledgeable about furniture. Given their high-pressure professional lives, they sought a residence that would serve as a vibrant, colorful retreatan oasis that rejuvenates both body and mind.Save this picture!A significant portion of the space is devoted to displaying the owners' favorite furniture pieces. Because the furniture palette is so diverse, the planning was approached with great care, maintaining a "quiet, unobtrusive" backdrop. As a result, many details throughout the space have been meticulously crafted: custom air-conditioning vent panels, carefully selected door handles, concealed switches, and precisely aligned tile work all highlight the delightful interplay between the interior and its furnishings.Save this picture!Save this picture!Save this picture!Save this picture!To complement the owners' key furniture, yellow, blue, and green were chosen as the primary accent hues. These colors help define areas such as the living room, kitchen, and study. Meanwhile, both the color schemes and design details are thoughtfully layered within the spatial framework, furniture forms, and layout strategies, cultivating an overall sense of harmony and balance.Save this picture!Save this picture!Material choices were made to harness each element's unique characteristics and expressive potential: the stainless-steel folded countertop in the kitchen, stain-resistant tiles, and a birch-veneer headboard all showcase how, in this project, design is truly an art of "putting the right things in the right place."Save this picture!Project gallerySee allShow lessProject locationAddress:Taichung, TaiwanLocation to be used only as a reference. It could indicate city/country but not exact address.About this officeInOrder StudioOfficePublished on January 13, 2025Cite: "LEE Residence / InOrder Studio" 13 Jan 2025. ArchDaily. Accessed . <https://www.archdaily.com/1025597/lee-residence-inorder-studio&gt ISSN 0719-8884Save!ArchDaily?You've started following your first account!Did you know?You'll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream
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  • WWW.REDDIT.COM
    What time it is? DEATH!
    submitted by /u/ParaisoGamer [link] [comments]
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  • Red 6 is hiring 3D Artist
    Title: 3D Artist | Company: Red 6 | Location: Orlando, FL
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  • Creative Circle is hiring 3D Tech Artist (Maya, Unreal Engine, Blender)
    Title: 3D Tech Artist (Maya, Unreal Engine, Blender) | Company: Creative Circle | Location: Sunnyvale, CA
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  • Riot Games is hiring Senior 3D Character Artist - League of Legends, Cosmetics
    Title: Senior 3D Character Artist - League of Legends, Cosmetics | Company: Riot Games | Location: Los Angeles, CA
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  • GAMERANT.COM
    Faithwight Magileto Weakness In Metaphor: ReFantazio
    Just about every dungeon in Metaphor: ReFantazio has a very strong enemy that can almost be considered a mini-boss on your way to the real boss at the end. Even if you're taking extra time to grind for XP, these enemies will almost always be red in the overworld Fairy Sight, meaning you'll have to fight them with Squad combat.
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  • GAMERANT.COM
    ARK: Survival Ascended Roadmap Reveals 2 Years of Plans
    Studio Wildcard has shared an updated ARK: Survival Ascended content roadmap. The move saw the developer outline nearly two years' worth of updates for ARK: Survival Ascended.
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