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Report: Biden will prohibit new oil drilling activities in large areas of the USA.
President Biden of the USA will order a ban on new offshore Oil & Gas development projects in approximately 0.625 billion acres of US waters, thereby ruling out the possibility of leasing rights for extraction along the Atlantic and The Pacific coasts as well as the eastern Gulf of Mexico. This move aims to permanently protect coastal waters and the Community that relies on them from the risks of fossil fuel development and oil spills. According to informed sources, Biden remains open to new Oil & Gas projects in the central and western regions of the Gulf of Mexico, where extraction has been taking place for decades and currently accounts for about 14% of oil and gas production in the USA. A decision is set to be announced by Biden on Monday.
Atlantic China Welding Consumables, Inc. (600558.SH): The company does not belong to Small Cap and underperforming stocks.
Gelonghui, on December 26, announced that Atlantic China Welding Consumables, Inc. (600558.SH) stated on the investor interaction platform that the company does not belong to Small Cap and poor-performing stocks.
Atlantic China Welding Consumables,Inc. (600558.SH): The holding subsidiary has received an administrative penalty decision.
On December 11, Gelonghui reported that Atlantic China Welding Consumables, Inc. (600558.SH) announced that its holding subsidiary Yunnan Atlantic Welding Materials Co., Ltd. (referred to as "Yunnan Atlantic") recently received the "Administrative Penalty Decision" from the Kunming Municipal Ecological Environment Bureau (Kunshenghuan Penalty [2024] No. 17-12, referred to as "Administrative Penalty Decision").
Outsourced headlines: Biden hopes Trump will reconsider tariffs on Canada and Mexico; Canadian antitrust institutions sue Google; Germany plans to provide €2 billion in subsidies to the chip industry.
Global financial media headlines that were collectively focused on last night and this morning primarily included: Biden expressed hope for Trump to reconsider tariffs on Mexico and Canada. US President Biden stated on Thursday that he hopes President-elect Trump will reconsider his plans to impose tariffs on Mexico and Canada, stating this could "mess up" relations with close allies. "I hope he reconsiders. I think that would backfire," he said in Nantucket, "Our situation in the USA is unusual, we are surrounded by the Pacific, the Atlantic, and two allied countries: Mexico and Canada. The last thing we need to do is to start damaging this."
Biden expressed hope that Trump would reconsider the issue of imposing tariffs on Mexico and Canada.
USA President Biden said on Thursday that he hopes President-elect Trump will reconsider his plans to impose tariffs on Mexico and Canada, saying it could "screw up" relationships with close allies. "I hope he reconsiders. I think it would backfire," he said in Nantucket, "Our situation in the USA is unusual, we are surrounded by the pacific, atlantic, and two allied countries: Mexico and Canada. The last thing we need to do is start undermining these relationships." Trump said on Monday that he will impose tariffs on Canada and Mexico until they stop drugs and cross-border immigration, which seems to violate the USA-Mexico
atlantic china welding consumables,inc. (600558.SH): Some products are used in the manufacturing of components related to controlled nuclear fusion.
Grain 11 27, atlantic china welding consumables,inc.(600558.SH) stated on the investor interaction platform that the company attaches great importance to the research and development of nuclear-grade welding materials, and has fully cooperated with the three major nuclear power companies in China (CNNC, CGN, and CGN) to develop a series of welding materials such as carbon steel, low alloy steel, stainless steel, nickel-based, some of which are used in the manufacturing of components related to controlled nuclear fusion.