DAILY DOSE: April 8, 2022
Posted on 04/08/2022
1. After assaulting and smacking comedian Chris Rock on live TV for the Oscars, Will Smith will not be allowed to attend the Academy Awards for the next 10 years. Shortly after the altercation, Will Smith accepted the award for best actor in a leading role for “King Richard”.
“The Board has decided, for a period of 10 years from April 8, 2022, Mr. Smith shall not be permitted to attend any Academy events or programs, in person or virtually, including but not limited to the Academy Awards,” Academy President David Rubin and CEO Dawn Hudson said in a statement on April 8, 2022.
2. The European Union formally adopts its 5th package of sanctions against Russia, which notably for the first time target energy. Germany used its political will to have the ban on Russian coal purchases to be delayed until August 2022.
The U.S. military will position one patriot missile system in Slovakia, a NATO member.
3. U.S. Henry Hub natural gas price closes at 6.38/MMBtu and highest since 2008. U.S. oil futures rise US$ 2 dollars to US$ 98.03 per barrel. The Finnish government released oil barrels to market from emergency stockpiles.
4. Former Goldman Sachs banker Roger Ng is found guilty of fraud and money laundering in 1MDB case
5. A lot of COVID-19 vaccine by Moderna Inc. is being recalled due to a foreign body being found in one vial in a lot manufactured at contract manufacturing site Rovi in Spain.
6. American International Group, Inc. (AIG) considers cutting insurance coverage for businesses in Russia and Ukraine.
7. Crypto platform Bybit launches leveraged digital token products.