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U.S. sanctions are biting harder into the Iranian economy, with new signs that Iran’s key oil exports are faltering, while its trade figures with Europe’s biggest economy and with the United States are shrinking.
U.S. news service Bloomberg said it has compiled tanker tracking data showing that no oil tankers had been seen leaving Iran’s oil terminals for foreign ports in the first nine days of May. Crude oil is Iran’s main revenue source.
Washington tightened its unilateral sanctions on Iranian oil exports May 2, ending waivers that it granted to several countries to keep importing crude from Iran and requiring them to reduce imports to zero. The U.S. sanctions are aimed at pressuring Iran to change its perceived malign behaviors.
Bloomberg said the tracking data also revealed that four Iranian tankers were anchored off the coast of China as of May 9, with a fifth tanker on its way to the Chinese coast. It said most of the rest of Iran’s tanker fleet either was returning to the Persian Gulf after discharging cargoes or had been observed in or near the region in the previous two days. It said 10 Iranian tankers had not sent tracking signals for at least 16 days, keeping their transponders turned off in an apparent effort to hide their movements.
In a report published Friday, Reuters said the four Iranian tankers off the Chinese coast and the fifth on its way to China had loaded Iranian crude in April, before China’s U.S. waiver to import the oil expired. It said two of the tankers have discharged their oil to Chinese clients, while two others were waiting to do so at the Chinese ports of Ningbo and Zhoushan.
But in a further blow to Iran’s oil industry, Reuters quoted “three people with knowledge of the matter” as saying China’s top state-owned refiners China Petrochemical Corp (Sinopec) and China National Petroleum Corp (CNPC) have decided not to order any oil for loading at Iranian ports this month. Reuters cited the sources as saying the Chinese refiners were worried that making such orders would expose them to U.S. sanctions that could block their access to the U.S. financial system.
Iran has vowed to keep exporting oil in defiance of U.S. sanctions.
In recent days, Western media said it appears that Tehran did find one oil customer this month, with an Iranian tanker delivering crude to Syria for the first time this year. Iran had stopped oil shipments to Syria, a key regional ally, late last year after suspending a credit line to Damascus because of impending U.S. sanctions against Tehran. The halt in Iranian oil deliveries to Syria, which also is under U.S. sanctions, led to fuel shortages during the Syrian winter.
Reuters cited a source familiar with Iranian oil shipments as saying the Iranian tanker arrived in Syria last week. U.S. network CNBC quoted firms that track maritime shipments as saying Iran made the delivery in the first week of May.
In a tweet posted Friday, TankerTrackers.com co-founder Samir Madani said the Iranian oil arrived May 5 aboard a Suezmax tanker previously known as True Ocean. Suezmax is a naval term for the largest ship capable of transiting the Suez Canal.
There was no immediate reaction by the Trump administration to the undeclared Iranian oil delivery to Syria.
In other setbacks to Iran, its trade with Germany, Europe’s largest economy, slumped in the first two months of this year, according to the Association of German Chambers of Commerce and Industry.
In Friday reports, newspapers belonging to Germany’s Funke Media Group cited the association as saying German exports to Iran fell 52.6% year-on-year to $261 million in January and February, while German imports from Iran dropped 42.2% to $46 million in the same period.
The Funke newspapers quoted the head of the German-Iranian chamber of commerce, Dagmar von Bohnstein, as saying: “The market in Iran is extremely difficult because of the U.S. sanctions and the country’s economic conditions.” Iran has seen more than a year of small-scale nationwide protests by workers angry at what they see as corruption and mismanagement by its ruling Islamist clerics.
The U.S. Census Bureau also posted trade data Thursday, showing U.S. exports to Iran fell 54.7% in the first quarter of 2019 versus the same period last year, to $14.6 million. It said U.S. first-quarter imports from Iran dropped to just half-a-million dollars, compared to $13.3 million in the year-earlier period.
In a Thursday interview with VOA Persian at the State Department, U.S. Special Representative for Iran Brian Hook said Iran’s economic troubles will get worse.
“That is the price this regime is going to pay for behaving like an outlaw regime,” Hook said. “We are denying Iran the ability to fund its proxies. So we are very happy with this steady state of pressure that we hope to keep in place for as long as is necessary.” (VOA)
With the festive season on in full swing, iconic brand Johnnie Walker, is all set to re-energize the country's after-hour culture. Through its one-of-a-kind campaign #RevibeTheNight, the brand brings together beloved music artists like Divine, Ritviz, Lisa Mishra, Taba Chake along with popular indie bands like When Chai Met Toast and Mad Boy Mink, among others to perform live across iconic community spaces in India.
The collaborative effort by Johnnie Walker aims to bring back the after-hour culture through live performances across popular hotspots in India. The brand's goal is drive social regeneration in India and bring back the vibe of socializing through local music artists and reignite the trade, driving social culture by executing the live events with Covid measures in place and a limited capacity audience capacity.
The collaborative effort by Johnnie Walker aims to bring back the after-hour culture through live performances across popular hotspots in India. | Photo by Vishnu R Nair on Unsplash
Prior to the world going into lockdown, the after-hour culture in India bloomed at celebrated community hubs, that eventually became a safe-haven for individuals, a place where they found their sense of self-expression and belonging, that fuelled progress. This community was driven through the culture of live music and enthralling performances that created their very own vibe, a vibe that built extraordinary, forever-lasting relationships. Through #ReVibeTheNight, one can reconnect with this community bringing music curated by artists who have a history of captivating crowds with their one-of-a-kind live experiences. Catch the gigs and live performances for artists in these venues/cities for the live performances.
(Artiicle originally published on IANSlife) (IANS/ MBI)
Keywords: johnnie walker, social, #revibethenight, performances, community, artists, culture, festivity, begin
By Nikhila Natarajan
In a continuing study on the effects of machine learning (ML) on public conversation, Twitter has confirmed that its algorithms amplify right-leaning political content. "In six out of seven countries - all but Germany - tweets posted by accounts from the political right receive more algorithmic amplification than the political left when studied as a group," Twitter blogged.
"Right-leaning news outlets, as defined by the independent organisations, see greater algorithmic amplification on Twitter compared to left-leaning news outlets." Since 2016, Twitter users are able to choose between viewing algorithmically ordered tweets first in their home timeline or viewing the most recent tweets in reverse chronological order.
"An algorithmic home timeline displays a stream of tweets from accounts we have chosen to follow on Twitter, as well as recommendations of other content Twitter thinks we might be interested in based on accounts we interact with frequently, tweets we engage with, and more. "As a result, what we see on our timeline is a function of how we interact with Twitter's algorithmic system, as well as how the system is designed."
The new research is based on tweets of elected officials of House of Commons members in Canada, the French National Assembly, the German Bundestag, House of Representatives in Japan, Congress of Deputies of Spain, House of Commons in the UK, and official and personal accounts of House of Representatives and Senate members in the US, as well as news outlets, from April 1 to August 15, 2020.
Tweets about political content from elected officials, regardless of party or whether the party is in power, do see algorithmic amplification when compared to political content on the reverse chronological timeline. | Photo by Sara Kurfeß on Unsplash
The study was conducted by Ferenc Huszar (Twitter, University of Cambridge), Sofia Ira Ktena (now at DeepMind Technologies), Conor O'Brien (Twitter), Luca Belli (Twitter), Andrew Schlaikjer (Twitter), and Moritz Hardt (UC Berkeley).
The questions probed were:
How much algorithmic amplification does political content from elected officials receive in Twitter's algorithmically ranked Home timeline versus in the reverse chronological timeline? Does this amplification vary across political parties or within a political party?
Are some types of political groups algorithmically amplified more than others? Are these trends consistent across countries?
Are some news outlets amplified more by algorithms than others? Does news media algorithmic amplification favour one side of the political spectrum more than the other?
Tweets about political content from elected officials, regardless of party or whether the party is in power, do see algorithmic amplification when compared to political content on the reverse chronological timeline. (IANS/ MBI)
Keywords: algorithmically, timeline, algorithmic, tweets, political, survey, twitter, study, germany, skew
Even as India celebrates reaching a milestone of 100 crore Covid vaccine doses, Snapdeal co-founder and COO Rohit Bansal on Friday lauded a man who facilitated 64 registrations for the vaccine on the CoWin portal. In a video shared on his Facebook and Twitter page, Bansal hailed Sonu Kumar as a "citizen celebrity".
Bansal said that Kumar not only helped "just co-workers and family but complete strangers too. With patience, empathy and uncanny jugaad". He added that Kumar joined him "many moons ago" and completed his open school from a parking lot.
"Education has helped this wonderful man enable others to get India back on track. Bravo! The CoWin portal on Thursday mentioned that a total of 100 crore vaccine doses has been administered so far to the eligible population under the vaccination drive in India, nine months after the nationwide inoculation programme was started to protect the people against Covid-19.
"It's a cause of significant celebration and happiness," Bansal said in the video. He said that while people just help a few around them, Kumar "bridged the digital gap" for 64 people, who were finding it difficult to register themselves online on the vaccine portal. Kumar said he doesn't feel that he has contributed much towards the 100 crore vaccine dose count. "I have been able to help only 64 people, if I was able to help more I would have been happier." (IANS/ MBI)
Keywords: cowin, covid, india, people, Rohit bansal, Sonu kumar, vaccine, snapdeal, registrations