Month: October 2019

Race for 5G heats up: China’s next-generation networks go online for as low as $18

October 31, 2019@11:51 PM TFP Editor 0

Stands at the China International Fair for Trade in Services (CIFTIS) in Beijing on May 30, 2019 Visual China Group | Getty Images China turned on its 5G networks ahead of schedule on Friday, as the country looks to push ahead with the next-generation technology amid its protracted trade war with the U.S. 5G promises super-fast data speeds that have the ability to support technologies like driverless cars. China Telecom, China Unicom and China Mobile all unveiled 5G plans that start at around 128 yuan [Read More]

The Latest: Wildfire threatens homes in Southern California

October 31, 2019@11:38 PM TFP Editor 0

Firefighters mop up at a leveled home as the Hillside Fire burns in San Bernardino, Calif., on Thursday, Oct. 31, 2019. The blaze, which ignited during red flag fire danger warnings, destroyed multiple residences. (AP Photo/Noah Berger) SIMI VALLEY, Calif. (AP) — The Latest on California wildfires (all times local): 9:40 p.m. Authorities have ordered evacuations for about 7,500 people as a wildfire burns on a hilltop north of Los Angeles. The fire on South Mountain near Santa Paula erupted Thursday evening and quickly grew [Read More]

Chasing shadows in China: Detained lawyer's wife battles on

October 31, 2019@11:34 PM TFP Editor 0

Xu Yan has travelled some 20 times from Beijing to Xuzhou in Jiangsu province in a vain struggle to get any information about Yu Wensheng (AFP Photo/NICOLAS ASFOURI) Xuzhou (China) (AFP) – With winter approaching, Xu Yan brought some warm clothes and money for her husband to a detention centre in eastern China, though she’s not even sure the arrested human rights lawyer is still being held there. Xu, 37, has travelled some 20 times from Beijing to Xuzhou in Jiangsu province in a vain [Read More]

Pepe Escobar: An Age Of Anger Explodes Across The Globe

October 31, 2019@11:05 PM TFP Editor 0

Pepe Escobar: An Age Of Anger Explodes Across The Globe Authored by Pepe Escobar via ConsortiumNews.com, South America, Again, Leads Fight Against Neoliberalism The presidential election in Argentina pitted the people against neoliberalism and the people won. What happens next will have a tremendous impact all over Latin America and serve as a blueprint for assorted Global South struggles. The presidential election in Argentina was no less than a game-changer and a graphic lesson for the whole Global South. It pitted, in a nutshell, the people versus neoliberalism. [Read More]

Did Turkey Know Where Baghdadi Was Hiding?

October 31, 2019@11:00 PM TFP Editor 0

(Bloomberg Opinion) — As U.S. intelligence analysts comb through electronic and paper documents seized last weekend from the lair of Abu Bakr al-Baghdadi, one question is foremost on their minds: How was the Islamic State leader able to find refuge in a Syrian province secured by the Turkish military and its proxy forces? Three U.S. national security officials told me that they want to know more about Turkey’s knowledge of Baghdadi’s whereabouts. One important task for the team now going through the material seized in [Read More]

California Resources Corporation Announces Third Quarter 2019 Results

October 31, 2019@10:59 PM TFP Editor 0

LOS ANGELES–(BUSINESS WIRE)–California Resources Corporation (NYSE: CRC), an independent California-based oil and gas exploration and production company, today reported net income attributable to common stock of $94 million, or $1.89 per diluted share, for the third quarter of 2019. Adjusted net income1 was $17 million, or $0.35 per diluted share. Operational and financial highlights for the third quarter of 2019 were as follows: Third Quarter Highlights Reported adjusted EBITDAX1 of $278 million; adjusted EBITDAX margin1 of 41%; net cash provided by operating activities of $268 [Read More]