Forbes

Aerial view of oil tanker

India stops accepting Russian oil delivered by U.S.-sanctioned tankers

Indian oil refineries have stopped accepting Russian crude oil delivered by tankers operated by Russia’s largest commercial shipping company that has been sanctioned by the U.S., likely as a result of the war on Ukraine. The move deals a significant blow to Russia’s economy as India has emerged as a major importer of Russian crude oil over the past two years.

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Los Angeles, Atlanta among cities joining coalition to test universal basic income

The mayors of Los Angeles, Oakland, Atlanta, Georgia, Tacoma, Newark, Saint Paul, Jackson, Compton, Shreveport, and Stockton have joined Mayors For A Guaranteed Income, a coalition advocating for UBI policies, or the idea of giving out recurring cash payments to all individuals without any strings attached.

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