Monthly Archives: August 2022

Singapore abolishes colonial-era law criminalizing sex between men

Singapore will abolish Section 377A, the colonial-era law banning sex between men. The decision, announced by Prime Minister Lee Hsien Loong on Sunday, will essentially decriminalise gay sex in the city-state where advocacy groups have long been fighting for LGBTQ rights and equality. The section in Singapore’s Penal Code has existed since 1938, when Singapore…

The euro sinks below parity against the dollar as Gazprom pipeline shutdown stokes recession worries

Dollar, euro and Turkish lira bills in a foreign exchange office. Tunahan Turhan/SOPA Images/LightRocket via Getty Images The euro fell below the US dollar’s value on Monday for the second time this year. Gazprom’s pending maintenance shutdown of the Nord Stream 1 gas pipeline into Europe pressured the euro.  The dollar rose ahead of the…

In the midst of its battle with Elon Musk, Twitter threatens to revoke Bot Sentinel’s data access after founder suggests Twitter has more than 5% ‘bots’

The Twitter app logo. Chesnot/Getty Images Bot Sentinel is a platform that tracks Twitter for accounts that my be harmful or fake. It’s been doing so since 2018, with access to Twitter’s developer API. Now, Twitter is giving it two weeks to remove a “core” part of its site before its access is revoked. Bot…

Russian oil exports to Europe hit 4-month high as embargo looms while demand from Asia continues to drop

Suriyapong Thongsawang Shipments of Russian crude to Europe soared last week to their level since April, Bloomberg data shows.  Flows hit 3.41 million barrels per day for the tracking period ending August 19.  Meanwhile, Asian countries are continuing to dial back Russia-sourced oil.  Russian seaborne crude exports to Europe reached their highest level since April…

I traded a tiny apartment for a sprawling farm in the countryside. I make $600 a month renting out the extra rooms and couldn’t imagine living anywhere else.

Sebastian Rumberg with two of his three children. Sebastian Rumberg Sebastian Rumberg is a management consultant who used to live in central Berlin. He and his family moved to a farm in the countryside that they bought for 210,000 euros. This is what his life is like now, as told to Insider’s Leo Ginsburg. This as-told-to…