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Saudi Arabia Will Cut Its Oil Production, Allowing Russia’s to Grow

OPEC, Russia and other oil major producers reached an unusual agreement on production quotas on Tuesday, with Saudi Arabia committing to reducing its oil production by one million barrels a day and Russia and Kazakhstan winning relatively modest production increases.The effect will be an overall reduction in oil production. The news pushed prices up more than 4 percent, reaching levels not seen since February. Brent crude rose past $53 a barrel, and West Texas Intermediate exceeded $50 as traders welcomed the Saudi willingness to give up some barrels in an effort to stabilize the market.The difficulty in reaching consensus at the …

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It’s Mother vs. Son in Britain’s Priciest Divorce War

For the United Kingdom, the influx of Russian capital — and capital from the super rich in other parts of the world — had upsides. Real estate prices and tax coffers were plumped, and a mini industry of accountants, lawyers and advisers sprang up, all of whom helped these émigrés navigate the tax codes and buy big-ticket items, like soccer teams.This mutually beneficial relationship has had its share of hiccups, and the Akhmedov divorce is one of them. A native of Azerbaijan, Mr. Akhmedov had earned an estimated $1.4 billion through a Siberian energy company, Northgas, and he long seemed intent on …

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Dozens of journalists’ iPhones hacked with NSO ‘zero-click’ spyware, says Citizen Lab

Citizen Lab researchers say they have found evidence that dozens of journalists had their iPhones silently compromised with spyware known to be used by nation states.
For more than the past year, London-based reporter Rania Dridi and at least 36 journalists, producers and executives working for the Al Jazeera news agency were targeted with a so-called “zero-click” attack that exploited a now-fixed vulnerability in Apple’s iMessage. The attack invisibly compromised the devices without having to trick the victims into opening a malicious link.
Citizen Lab, the internet watchdog at the University of Toronto, was asked to investigate earlier this year …

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