Tag Archives: sees

Prince Charles has returned to Wales numerous times since his investiture in 1969. He has previously spoken about his love for the nation and even spent a few months living in its Welsh-speaking heartlands, learning the language and getting to know its people and its culture. But what did Charles’ latest visit reveal about his role as Prince of Wales?

Body language expert Judi James gave her professional insight on the way the prince acted during the visit.

She said: “As Prince of Wales, Charles clearly will feel some sense of bonding as he visits here and it is clear from his body language that there were several issues or meetings that were close to his heart.”

Judi referred to Charles’ conversation with a member of St Brynach Church who showed him the place of worship’s “bleeding” yew trees – 700 year old trees with red-coloured sap.

Judi said: “His intense listening signals as he examined an ancient tree and churchyard, including brows puckered in concentration and the way he appeared to be leading the conversation at the ‘bleeding’ yew, leaning up and pointing as though keen to discover more facts, all show him looking genuinely fascinated and engaged.”

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Both Camilla and Charles visited the Royal Welsh College of Music and Drama, where Judi said Camilla took on a “more passive role”.

“She is working with her husband to provide a very complimentary double act where he is the one in the spotlight while she offers quiet support and approval signals.

“But we can see her engaging a little more deeply and even reaching out to touch a costume at one point.”

Judi added: “Her very kindly-looking smile, with eye-crinkling and a slightly pulling down of the corners of the mouth, does provide a very attractive alternative to Charles’s sometimes intense-looking body language rituals.”

“He looks keen to create rapport in the same way that his father did, although an important part of Prince Philip’s body language was the twinkle in his eye as he challenged or questioned people, and that is a trait that Princess Anne inherited rather than her older brother.”

Judi looked more generally at the way Charles behaved during his latest Welsh visit, claiming that the prince took on a more personable persona, rather than a regal one, when in the country.

She said: “Charles has often shown a rather sombre approach to his role as future king as though it weighs very heavily on his shoulders.

“With the Queen now appearing to have gone through some kind of a renaissance recently, storming through her workload with an energy and a smile that belies her years, Charles seems to be adopting a more relaxed approach to his current role.

“This suggests that he still seems to see his role as king as being a long way off yet.”

Judi continued: “Charles has been looking more relaxed and more open to having fun on his visits than ever before.

“And this suggests he is still relishing his slightly less responsible role in the firm for as long as possible.

“There appears to be no air of impending doom settling over his body language, but instead we can see him using nudge gestures here in what appears to be an attempt to share jokes with the people he is visiting.

“There are no photos here suggesting a triumphant return to the land where he is Prince, either.

“The groups he is shown speaking to are small and when he waves at the crowd there only appears to be one person waving back.

“There appears to be an attempt to use images that present this visit as low-key and intimate rather than regal.”

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This post originally posted here Daily Express :: Life and Style
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Stand up to Racism march sees protesters take the knee at Downing Street

July 17, 2021 Newslanes Media Leave a comment

Around 100 protesters took the knee outside Downing Street today as slammed ‘hypocrite’ Boris Johnson over the racist abuse of England footballers after the Euros final.

The demonstrators held their fists in the air as they chanted “love football, hate racism” and “Black Lives Matter”, with speakers including former shadow home secretary Diane Abbott.

It comes after Marcus Rashford, Jadon Sancho and Bukayo Saka received racist abuse on social media they each failed to convert penalties against Italy.

The Prime Minister and Home Secretary Priti Patel were quick to condemn the abuse, but many branded them ‘hypocrites’ who had ‘fuelled the fire’ of racism.

In a statement about the Downing Street protest, Stand Up To Racism said: “Millions of people have been outraged by the racist abuse faced by Marcus Rashford, Jadon Sancho and Bukayo Saka following the penalty shoot out in the Euro2020 final.

Diane Abbott said the Government wanted to 'have its cake and eat it' — Diane Abbott said the Government wanted to ‘have its cake and eat it’
(Image: Getty Images)

“The England team had shown their opposition to racism with their #TakeTheKnee throughout the competition joined by many other teams and supported by the vast majority of fans.

“But when some so called ‘supporters’ booed the team the government in the shape of Boris Johnson and Priti Patel backed the ‘right’ to boo and attacked the ‘gesture politics’ of the team.

“We want to show our solidarity with the players and call out the hypocrite in number 10.”

Protesters took the knee outside Downing Street as they slammed 'hypocrite' Boris Johnson — Protesters took the knee outside Downing Street as they slammed ‘hypocrite’ Boris Johnson
(Image: NurPhoto/PA Images)

Speaking at the Downing Street protest, Labour MP Ms Abbott said: “The Government wants to have its cake and eat it… Priti Patel called taking the knee gesture politics.

“I’ll tell you what gesture politics is, it’s condemning the England players throughout the tournament and then putting on an England shirt in the semi-finals.”

Referring to England footballers’ responses on Twitter, she said: ” Boris Johnson, your boys took a hell of a beating.”

Protesters chanted 'Black Lives Matter' near No. 10 — Protesters chanted ‘Black Lives Matter’ near No. 10
(Image: NurPhoto/PA Images)

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Deputy Labour leader Angela Rayner and former England footballer Gary Neville also previously slammed the Prime Minister and Mrs Patel over their ‘hypocrisy’.

Mrs Rayner said: “Let me be clear. The Prime Minister and the Home Secretary gave license to the racists who booed the England players and are now racially abusing England players.

” @BorisJohnson and @pritipatel are like arsonists complaining about a fire they poured petrol on. Total hypocrites.”

Meanwhile Mr Neville accused Boris Johnson of ‘promoting’ racism in the past.

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This post originally posted here United Kingdom News

Canada

OPEC sees gradual recovery in oil demand as it closes in on deal

July 15, 2021 Newslanes Media Leave a comment

OPEC’s latest forecast for oil demand fits with a plan for it and its allies to boost oil supplies and cool prices which are near their highest levels in two and a half years.

OPEC forecast a gradual recovery in demand for its crude this year and next, as the group closes in on a deal to revive the production still shuttered since the pandemic.

The need for supplies from the Organization of Petroleum Exporting Countries will continue to climb, remaining well above the group’s current output and exceeding pre-virus levels by the second half of 2022. But it will go through a lull in the first quarter that could see the global market return to surplus, the group indicated.

“Looking ahead to 2022, risks and uncertainties loom large and require careful monitoring to ensure the recovery from the Covid-19 pandemic,” OPEC said in its monthly report, which contained the first detailed estimates for next year.

The mixed outlook fits with plans by OPEC and its allies – yet to be ratified – to gently restore the vast amounts of production they still have offline in monthly tranches of 400,000 barrels a day. Before that road map can be approved, the group must first resolve a spat between the United Arab Emirates and Saudi Arabia.

The two countries have made progress in resolving a dispute over what the UAE says is an unfairly low output limit. If they can overcome the bitter impasse, the coalition can proceed with restarting the idled barrels.

International oil prices are trading near their highest level in 2 1/2 years, at about $ 74 a barrel in London, as fuel consumption roars back in the U.S. and China with the lifting of lockdowns. Yet crude remains volatile amid threats from coronavirus variants, and fears that OPEC’s internal clash could fray its cohesion.

The analysis published on Thursday by the OPEC secretariat’s Vienna-based research department underscores why the cartel wants to move carefully – and why Abu Dhabi’s insistence on ramping up output was initially rebuffed.

OPEC predicts that global oil demand will climb by 3.3 million barrels a day in 2022 – about 3.4% – and surpass 100 million barrels a day in the third quarter for the first time since the coronavirus emerged. But before reaching that level, consumption will suffer a relapse in the first quarter, slipping back to 97 million a day.

Much of the rebound in demand will be satisfied by a revival in supplies from OPEC’s rivals. Non-OPEC production will increase next year by 2.1 million barrels a day, or 3.3%, with about a third of the growth coming from the cartel’s long-standing competitor, the U.S.

Demand for crude from the organization will exceed 30 million barrels a day in the second half of 2022, substantially above the 26 million it pumped in June. That ought to allow OPEC and its partners, who have already restored about 40% of the output cut during the pandemic, to produce at near-normal levels.

“Ongoing broad-based stimulus measures and high saving rates in advanced economies are forecast to lead to a release of pent-up demand in the second half of 2021, which will carry over into 2022,” the organization said.

Yet in the first quarter of 2022, the call on OPEC’s crude will retreat to 26.4 million barrels a day — below the level it’s likely to pump this month once scheduled increases are made. The alliance’s provisional plan to drip-feed the return of more barrels in coming months stands to make that surplus even bigger.

That soft patch may help explain why Riyadh is pushing to ensure that the OPEC+ agreement to restrain output continues beyond its scheduled expiry in April.

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This post originally posted here Al Jazeera – Breaking News, World News and Video from Al Jazeera

North Carolina sees highest number of new COVID-19 cases in 2 months

July 15, 2021 Newslanes Media Leave a comment

RALEIGH, N.C. (WTVD) — North Carolina, like many other states across the country, is seeing an uptick in COVID-19 cases.

On Wednesday, the state recorded its highest number of new cases in nearly two months.

The 995 new positive cases Wednesday is more than twice as many as were recorded last Wednesday, and four times higher than two weeks ago.

The percentage of tests coming back positive rose to 5.5 percent, which is higher than the percent positive goal NCDHHS set back at the start of the pandemic.

WATCH: Should we be concerned about NC’s rising percent of positive COVID tests?

State metrics do not explicitly say if those new positive cases were among vaccinated or unvaccinated people, but nationally the director of the National Institutes of Health said unvaccinated people make up 99 percent of the new COVID-19 cases.

“If you’re on the fence about whether vaccination was going to help you, listen to those numbers. Unvaccinated people going into hospital and dying. Vaccinated people essentially not,” NIH Director Dr. Francis Collins said.

The Centers for Disease Control and Prevention said it expects to see COVID-19 hospital admissions to increase over the next four weeks. National COVID-19 hospitalizations had been declining for months.

SEE ALSO: COVID-19 deaths, cases rise again globally

North Carolina will release updated COVID-19 metrics around noon Thursday.

In addition, the state continues to urge citizens to get vaccinated. As part of that push, the two winners in last week’s COVID-19 vaccine lottery drawing will be announced today.

Health Secretary Dr. Mandy Cohen will introduce the $ 1 million winner and the student scholarship winner at 3 p.m. Thursday.

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This post originally posted here usnews

Travel

News: British Airways sees increase in demand following quarantine loosening

July 10, 2021 Newslanes Media Leave a comment

British Airways is preparing to welcome an increased number of holidaymakers back to the skies from July 19th in time for the start of the school summer holidays.

Within a couple of hours of a statement from government around the elimination of quarantine for Britons who are double vaccinated yesterday, the airline had seen a 96 per cent increase in the number of views on its website as compared to the same day last week.

The top destinations being searched included Barbados, Palma, Ibiza, New York, Antigua, Malta and Malaga.

As it stands, British Airways flies to more amber and green list countries than any other UK airline, 43 in total.

To coincide with the announcement, British Airways has agreed further reassurance measures which mean customers travelling until September to a country which is added to the red list from amber while they are at their destination will be able to change their flight without any change to the cost of their flight, subject to availability.

The move is expected to support Britons when they travel to a country that might be on a government watchlist to help them get home.

The airline has already publicly confirmed that its rules around the wearing of masks will remain in place to protect travellers, provide reassurance and boost customer confidence.

Despite the relaxation of the mask rules, the government has also recommended the wearing of masks in busy public areas and British Airways asks its customers to remain mindful of the rules around mask wearing in airports at a destination.

Sean Doyle, British Airways chief executive, said: “This is an important step for Britain as we start to make travel possible again after 18 difficult months.

“There is still more to do, including opening the US, but we are enthusiastic about welcoming more of our customers back over the summer period and reassuring them that British Airways is ready.

“Our people have been working relentlessly behind the scenes to make important changes to the customer experience that will ensure our customers receive a first-class experience and complete peace of mind.”

Author: Breaking Travel News
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Sports

Copa America: Stunning Diaz strike sees Colombia finish third

July 10, 2021 Newslanes Media Leave a comment

Luis Diaz scored a second-half double, the second an unstoppable 25-metre strike in injury time, to give Colombia a 3-2 win over Peru on Friday and secure them third place in the Copa America.

Yoshimar Yotun put Peru ahead on the stroke of half-time when he took Christian Cuevas’ pass and lifted it over the advancing goalkeeper.

However, Colombia captain Juan Cuadrado curled a free-kick through the wall to draw Colombia level after 49 minutes and then Diaz got his third goal of the tournament 17 minutes later.

Gianluca Lapadula headed an equaliser for Peru eight minutes from time but Diaz’s sensational last-gasp goal gave Colombia their fifth third-place finish and first since 2016.

Messi’s moment with Argentina?

Graffiti adorns the wall at the southern end of Copacabana beach on Avenida Atlantica by the old fort. It commemorates Germany’s win over Argentina in the 2014 World Cup final, schadenfreude for Brazilians, taking comfort in their neighbours falling short.

That evening in the Estadio do Maracana will always be part of the Lionel Messi story. He could never hope to eclipse what Diego Maradona had done in Mexico in 1986 but this was his opportunity to hold a mirror up to it by bringing the World Cup back from Brazil.

His big chance came at the start of the second half. Manuel Neuer was well beaten but the ball drifted past the far post. Nobody had as many shots in that final, nobody created more chances and nobody completed even half as many dribbles. Nobody cared.

It felt like failure. Accepting the World Cup’s Golden Ball, a perverse joke. Twice, Messi has reached the final of the Copa America since then. Twice, Argentina have been beaten on penalties. Twice, Messi has been close to retiring, bereft, seemingly accepting of his fate.

On Saturday evening, three nights short of seven years since Messi’s date with destiny in the Maracana, he is set to return. A fourth Copa America final looms. Another shot at glory and redemption for the game’s most celebrated player, now 34 years young.

The Maracana will look and feel different. This Copa – moved to Brazil just weeks before it began – has been played out without crowds. It has taken some Messi magic to ignite it and there has been plenty of that on show. He has been the player of the tournament.

Author:
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Los Angeles County sees exponential growth in Covid-19 cases as Delta variant becomes dominant, worrying officials

July 9, 2021 Newslanes Media Leave a comment

The jump mirrors upticks in other parts of the country over the past week, as experts warn of Delta’s high transmissibility.

“We do continue to see an uptick in cases and hospitalizations,” Los Angeles County Public Health Director Barbara Ferrer said Thursday. “Deaths, fortunately continue to be relatively low, but as hospitalizations continue to increase we anticipate that deaths might also increase.”

While 60% of those over 16 years old have been fully vaccinated, the case rate in the county jumped from 1.74 cases to 3.5 cases per 100,000 people in one week, according to a news release from the Los Angeles County Department of Public Health.

The overwhelming majority of those testing positive in the county are unvaccinated, representing 99.96% of all new infections, the news release said.

Overall, the state’s Covid-19 positivity rate — the percentage of all tests that are positive — has tripled since California fully reopened last month.

The rate is now surpassing 2% for the first time since early March, after hitting a low of 0.7% in early June, according to new data from the state’s Department of Public Health.

The Delta variant, first detected in India, has been found in 43% of new sequenced samples in California, the state said.

And it also makes up more than 50% of sequenced samples across the country. In some areas, it’s even more, according to Dr. Rochelle Walensky, director of the US Centers for Disease Control and Prevention.

“Although we expected the Delta variant to become the dominant strain in the United States, this rapid rise is troubling,” she said.

In parts of the Midwest and upper Mountain states, CDC data suggest it accounts for about 80% of cases.

“Widespread vaccination is what will truly turn the corner on this pandemic,” Walensky said. “Please know, if you are not vaccinated, you remain susceptible.”

Pfizer says it’s developing a booster shot after seeing waning immunity

Meanwhile, Pfizer announced Thursday it was seeing waning immunity from its vaccine — manufactured in partnership with BioNTech — and was picking up its efforts to develop a booster shot to offer further protection against variants.

“As seen in real world data released from the Israel Ministry of Health, vaccine efficacy in preventing both infection and symptomatic disease has declined six months post-vaccination, although efficacy in preventing serious illnesses remains high,” Pfizer said in a statement emailed to CNN.

Israel’s health ministry said in a statement earlier this week that it had seen efficacy of Pfizer’s vaccine drop from more than 90% to about 64% as the Delta variant spread.

But hours after the Pfizer statement, the FDA and Centers for Disease and Control issued a joint statement saying Americans don’t need booster shots yet.

Dr. William Schaffner, professor in the Division of Infectious Diseases at Vanderbilt University Medical Center, supported the US government’s stance.

“The answer is that our vaccines still are very, very effective in keeping us out of the hospital, in averting severe disease. That’s what they were designed to do,” he told CNN on Thursday. “Now, it’s a bonus if they can also prevent what we call infection. You can get infected, have mild symptoms or no symptoms at all. They diminish that possibility greatly. But they can’t turn it off completely.”

Vaccination gap widens

While experts have long stressed vaccines are our best defense against the pandemic, overall rates have dipped across the US.

Less than half of Americans are fully vaccinated as of Thursday, CDC data shows. And the difference in vaccination rates between Republicans and Democrats has grown over the last two months, a report released Thursday from the Kaiser Family Foundation shows.

Vaccination rates are increasing faster in counties that voted for Joe Biden in the 2020 presidential election than in counties that voted for Donald Trump, the new study finds.

The team used data comparing county-wide vaccinations numbers from the CDC with 2020 presidential election results.

In April 2021, counties where most people voted for Trump had an average vaccination rate of 20.6%, compared to 22.8% in counties that went for Biden, the study found. By July 2021, the average vaccination rate in Trump-leaning counties was 35%, and 46.7% in Biden-leaning counties. The gap increased by 9.5 percentage points in under three months.

The researchers said these numbers get at the importance of targeted vaccination efforts that account for partisan opposition.

“A key component of any effort to boost vaccination rates among Republicans will be identifying the right messengers,” the researchers wrote.

“Republicans are most likely to trust their doctors and employers to provide reliable information on COVID-19 vaccines, while government sources are less trusted.”

CNN’s Jamie Gumbrecht, Maggie Fox, Virginia Langmaid and Cheri Mossburg contributed to this report.

Author: Aya Elamroussi, CNN
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Canada

EU trade sees RECORD drop due to Brexit transition and 'practical difficulties' – data

June 28, 2021 Newslanes Media Leave a comment

Trade figures have shown a record drop in exports and imports to and from the European Union from December 2020 through to January 2021, with the cause partially blamed on the Brexit transition period. Data from the Office for National Statistics (ONS) has shown the record plunge in trade, but the ultimate cause may be more complicated.

From December 2020 through to January 2021, the EU’s exports from the UK declined by a staggering 40 percent.

Imports were not far behind, decreasing by 28.8 percent in the same time frame.

Trade outside of the EU also saw a drop, but by significantly less at 12.7 percent for imports.

And exports from non-EU countries actually gained 1.7 percent, despite the difficulties thrown up by the coronavirus pandemic.

In November and December, the ONS reported seeing “increasing imports and exports of goods…These increases were consistent with potential stockpiling of goods from the EU in preparation for the end of the EU exit transition period.”

These increases were also seen in the lead to the two previous Brexit deadlines in 2019.

While the transition period may have seen trade decrease, the start of lockdown at the start of January could also have contributed.

The reason behind the decrease could be blamed on several factors, but the Brexit transition period has been partially to blame say experts.

What do you think? Have your say in the comments here.

Samuel Tombs, the chief UK economist at the consultancy Pantheon Macroeconomics said: “Brexit is best seen as a slow puncture, rather than a sudden blowout, with the costs gradually accumulating in the form of lower investment and immigration than otherwise would have been the case.”

Suren Thiru, the head of economics at the British Chambers of Commerce, said: “The practical difficulties faced by businesses on the ground go well beyond just teething problems and with disruption to UK-EU trade flows persisting, trade is likely to be a drag on UK economic growth in the first quarter of 2021.”

There have been several reports into the disruption to trade at the start of the year.

However one unknown remains as to whether the decline will continue, or start to pick up once the ‘Brexit hangover’ has eased.

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The ONS said its own ‘Business insights and impact on the UK economy’ data which suggests these “teething problems” have already begun to ease, with figures showing signs of trade starting to increase.

The ONS writes: “BICS data report that, of currently trading businesses that have reported challenges at the end of February 2021, the largest proportion of businesses’ reported main cause of challenge was the end of the EU transition period.

“This has risen from mid-December 2020. In contrast, those reporting the coronavirus as their main challenge fell over the same period.”

While the EU has seen a huge decline, imports and exports between China and the UK have soared.

Professor Dr Stefan Stein, Founding President and Professor for International Business Management at GISMA Business School told Express.co.uk: “If imports and exports are taken together, China has become the EU’s largest trading partner and has overtaken the USA in 2020.

“The USA under Trump, the trade and other conflicts have done more harm than good.

“It will take the new administration quite some time to fix the damage, while China develops from an even more powerful position.”

And Brexit has played a big impact when it comes to the UK. Professor Stein said: “In the concert of the big players, the United Kingdom has minimised itself with its self-imposed Brexit. Success stories look different.

“One noticeable consequence of Brexit is the decline in investment and the shortage of workers.

“While the UK and the EU are in a sausage war over the control of meat products, China is the economic nation that has come through this global economic crisis best.

“In the economic upswing that is now following, China’s starting position is particularly good.

“The coffers of the Chinese are full, we will see investment activity increase in the UK and Europe and elsewhere on this planet where others cannot even follow due to the consequences of the crisis and lack of own strategy.”

Author:
This post originally appeared on Daily Express :: World Feed

Florida rescue update: 9/11 fire commissioner sees 'less hope' in finding condo collapse survivors

June 26, 2021 Newslanes Media Leave a comment

SURFSIDE, Fla. — As time passes, a top expert in emergency response says hope for finding survivors beneath the mountain of debris from Thursday’s condo collapse in Florida is shrinking.

“There’s less and less hope as the hours go by, [rescue crews] are holding out saying that there’s no hope,” said Tom Van Essen, a former New York City Fire Department commissioner who was in charge when the World Trade Center buildings collapsed from the Sept. 11th terrorist attacks in 2001.

One hundred fifty-nine people remain unaccounted for since the wing of an oceanfront residential building near Miami collapsed in the middle of the night. At least four were killed.

On Saturday, a crane could be seen removing pieces of rubble from a more than 30-foot pile of debris at the collapse site. Scores of rescuers used big machines, small buckets, drones, microphones and their own hands to pick through the mountain of debris that had been the 12-story Champlain Towers South.

Van Essen said he imagines emergency responders were reluctant to use a crane, which would trigger vibrations and therefore make searching for people more difficult. But he believes the crane was brought on the scene because of a “very deep fire” that officials are having trouble locating.

“Everything they do to compensate for one problem is a greater problem in another area,” Van Essen said.

Smoke has been the biggest barrier in expediting rescue efforts, Miami-Dade Mayor Daniella Levine Cava said during a news conference. Van Essen added that the weight and density of debris, rain and the race against time were other factors to consider.

“You just hope that there is somebody under there and they’re hanging on, but as the hours go by, it becomes less and less possible,” he said.

MORE: 2018 report pointed out ‘major structural damage’ at Miami condo before collapse

The FDNY and other units searched for weeks amid the piles of rubble at Ground Zero, he said, but the last survivor was pulled from debris 27 hours later.

“There was no hope [in 2001], but we just didn’t want to believe that. I think there has been hope [in Florida] over the last couple of days. As time goes by, you become more skeptical that you will find someone,” he said. “But these guys are doing a great job.”

Michael J. Fagel, an emergency planner who worked assisted in rescue and recovery efforts during 9/11 and the 1995 Oklahoma City bombing, told ABC News he wants people to be optimistic.

“I have hope, and I want [others] to have hope as well that, again, eight days, 12 days, it is possible,” he said.

Author: KTRK

This post originally appeared on ABC13 RSS Feed

Finance

Bitcoin price tipped to hit '$220K' as China shutdown sees miners 'airlift' en masse to US

June 21, 2021 Newslanes Media Leave a comment

Yesterday, China shut down most of its bitcoin mining operations creating panic in cryptocurrency markets as the hash rate dropped and operators sold assets to finance their move to the US. Many are relocating to Texas, with state governor Greg Abbott tweeting his support to facilitate mining operations there. Mr Abbott tweeted: “Blockchain is a booming industry that Texas needs to be involved in.”

The relocation of China’s influential mining operators to the US will allow American states to capitalise on the inflow of Chinese and offer renewable incentives, allowing the US to grasp the digital economy manifested by bitcoin.

Referring to the move by China bitcoin pioneer Max Keiser, speaking to Express.co.uk, said: “China doesn’t have the moral character to mine bitcoin.

“America and El Salvador do.

“The difficulty adjustment has decreased to accommodate the transference of mining out of China and will increase when the move is completed.

“I’m keeping my $ 220,000 BTC price target for 2021.”

Beijing announced it was shutting down Chinese based mining operations en masse on Sunday night, totalling an 8GW electricity load.

CNBC Beijing Bureau Chief Eunice Yoon today tweeted about one Chinese mining operation that was “airlifting” its equipment to the US.

Today she tweeted: “China logistics firm in Guangzhou confirms to CNBC that its airlifting 3,000kg (6,600lbs) of bitcoin mining machines to Maryland, USA.

“This is contributing a lot to bitcoin’s weakness right now, which will pass.”

George said that China’s motivation behind shutting down its bitcoin miners was that “it could just be a diversion to present to the world stage, making China look like they are doing something about Environment Social Governance standards.

“I believe they still want bitcoin to thrive and exist in China in some capacity.

“Also maybe they want the country to focus more on their own digital yuan and upcoming smart contract chain.”

The news comes as Canadian mining firm Bitfarms has been listed today on the Nasdaq in Wall Street.

Their mining operations in Canada use renewable hydroelectricity.

Bitfarms was listed today on the Nasdaq, with the ticker $ BITF.

Express.co.uk does not offer financial advice. The journalists who worked on this article do not own bitcoin.

Author:
This post originally appeared on Daily Express :: Finance Feed

Newslanes

Tag Archives: sees

Prince Charles sees role of king ‘as being a long way off’ in ‘intimate’ visit to Wales

Stand up to Racism march sees protesters take the knee at Downing Street

OPEC sees gradual recovery in oil demand as it closes in on deal

North Carolina sees highest number of new COVID-19 cases in 2 months

News: British Airways sees increase in demand following quarantine loosening

Copa America: Stunning Diaz strike sees Colombia finish third

Messi’s moment with Argentina?

Los Angeles County sees exponential growth in Covid-19 cases as Delta variant becomes dominant, worrying officials

Pfizer says it’s developing a booster shot after seeing waning immunity

Vaccination gap widens

EU trade sees RECORD drop due to Brexit transition and 'practical difficulties' – data

Florida rescue update: 9/11 fire commissioner sees 'less hope' in finding condo collapse survivors

Bitcoin price tipped to hit '$220K' as China shutdown sees miners 'airlift' en masse to US

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