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July 12th - According to the Ministry of Education, this year marks the 20th anniversary of the student loan program based on the students place of origin. Over the past two decades, my countrys student loan program has cumulatively issued 620.7 billion yuan in loans, benefiting 68.21 million students.July 12th - According to Middle East Eye, the United States is collaborating with Iraq and Syria on a plan to upgrade an aging oil pipeline connecting the northern Iraqi city of Kirkuk to Baniyas on Syrias Mediterranean coast, enabling Iraq to bypass the Strait of Hormuz when exporting crude oil. The report, citing Iraqi and other regional officials, stated that an agreement to restore the approximately 800-kilometer-long pipeline is expected to be announced next week during Iraqi Prime Minister Ali Zaidis meeting with Trump at the White House. The pipeline, which has been out of service for decades, is currently severely damaged. The report quoted a senior official as saying that the pipeline will likely require complete reconstruction, a project expected to take two to three years. Several American companies have already been recruited to participate in the project.July 11 - Irans Permanent Representative to the United Nations, Illavani, warned on the 11th that if the United States continues to violate its obligations, Iran will no longer abide by the memorandum of understanding signed with the United States.According to Axios, a regional source said that parties are discussing the possibility of issuing a potential statement on the full opening and free passage of the "middle channel" (located in international waters) in the Strait of Hormuz.According to RIA Novosti, the Russian Ministry of Defense stated that Ukrainian President Zelenskyy has deployed almost all available Western missile defense systems to Kyiv.

Mercedes F1 team evaluating FTX sponsorship, branding stays for now

Cory Russell

Nov 11, 2022 16:45

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The problematic cryptocurrency exchange FTX's branding will remain on the Mercedes Formula One team's vehicles for this weekend's Sao Paulo Grand Prix in Brazil as they monitor developments, the team announced on Thursday.


One of the biggest cryptocurrency exchanges in the world, FTX, is struggling to raise $9.4 billion from investors and competitors after being battered by a wave of customer withdrawals, a source said on Thursday.


In September 2021, FTX and Mercedes, the current Formula One champions, agreed to a sponsorship agreement.


Lewis Hamilton, a seven-time world champion, and fellow Briton George Russell's race vehicles will continue to carry the logo for the time being, according to a team official.


The race at Interlagos this weekend marks the halfway point of the season, which culminates on November 20 in Abu Dhabi.