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Venezuelan Foreign Minister Prasencia announced on social media on the 11th that Venezuela and Israel have agreed to resume consular services. The announcement stated, "The two countries have agreed to establish a coordination mechanism to provide consular services to their citizens residing in the other country when needed." On January 14, 2009, then-Venezuelan President Hugo Chávez decided to sever all relations with Israel. A week earlier, he expelled the Israeli ambassador to Venezuela in support of the Palestinians.On August 12th, Wall Street Journal reporter Nick Timiraos stated that the market will focus on the month-on-month change in Julys inflation data released on Wednesday, as a growing number of FOMC members indicate that inflation readings in the coming months will determine whether they believe the forecast of "inflation falling back to 2% over the next two years" is still achievable without further interest rate hikes. Newly appointed Fed Chairman Warsh has recently expressed skepticism about this framework that links policy-sensitive forecast revisions to high-frequency data. He previously stated that he does not believe the Feds current "data-dependent" policy has much practical value. Furthermore, Nick noted that the working group established by Warsh appears to be partly aimed at helping to build a framework to replace the old one. However, until the new framework is clearly defined, the old framework seems to continue operating.Ukrainian President Zelensky: Ukraine has submitted a proposal to US negotiators to end the war with Russia.Iraqi Prime Minister: The capabilities of the military must be strengthened to ensure domestic stability.The Bank of France expects the French economy to grow by 0.2% in the third quarter.

Desalination Plant in California Suffers Setback With Recommendation For Denial

Haiden Holmes

Apr 26, 2022 10:07

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The commission, which has the authority to reverse staff decisions but does so infrequently, is due to vote on the project on May 12.


Desalination, environmentalists argue, annihilates ocean life, consumes excessive amounts of money and energy, and will soon be rendered obsolete by water recycling.


Poseidon Water, the infrastructure subsidiary of Canada's Brookfield Asset Management, is proposing the desalination facility near Huntington Beach, just south of Los Angeles.


Poseidon has been attempting to secure approval for the project for more than two decades, spending an estimated $100 million in the process.


With the Western states of the United States suffering from a prolonged drought, officials appeared to be on the verge of approving the Huntington Beach facility. Last year, the business expressed sufficient confidence to discuss breaking ground on the $1.4 billion factory by the end of 2022.


Poseidon has operated a comparable facility in Carlsbad since 2015, although it was permitted locally prior to the state enacting regulations governing desalination plants.