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Tag: 500000

Saudi Arabia quietly plans to increase oil output by 500,000 barrels per day

Saudi Arabia quietly plans to increase oil output by 500,000 barrels per day

Business
Sept. 28 (UPI) -- Saudi Arabia is poised to steadily increase production to compensate for the Iranian oil that will be subject to U.S. sanctions starting Nov. 5. Saudi Arabia hasn't said anything publicly, and seemed to tow the OPEC line following Sunday's meeting with other major oil producers. But Commerzbank said Friday that Saudi Arabia could pump another 500,000 barrels of crude oil per day. "Saudi Arabia apparently plans to quietly increase the oil supply in the short term to compensate for the shortfall in Iranian oil," analysts from Commerzbank said Friday. President Donald Trump has been at odds with the Organization of the Petroleum Exporting Countries since he tweeted last week demanding increases in production to lower prices. It's turned into a game of chicken between the tw...
Facebook faces £500,000 fine from UK data watchdog

Facebook faces £500,000 fine from UK data watchdog

Technology
Media playback is unsupported on your device The UK's data protection watchdog intends to fine Facebook £500,000 for data breaches - the maximum allowed.The Information Commissioner's Office said Facebook had failed to ensure another company - Cambridge Analytica - had deleted users' data.The ICO will also bring a criminal action against Cambridge Analytica's defunct parent company SCL Elections. And it has raised concerns about political parties buying personal information from "data brokers".Specifically it named one company used by the Labour Party, Emma's Diary, which gives medical advice and free baby-themed products to parents.Facebook said it would respond to the report "soon".The ICO also said another company - Aggregate IQ - whi...
Kentucky GOP cuts dental, vision for nearly 500,000 people

Kentucky GOP cuts dental, vision for nearly 500,000 people

Health
Gov. Matt Bevin's administration is cutting dental and vision coverage for nearly a half-million Kentuckians after his Medicaid overhaul plan was rejected in court. The state Cabinet for Health and Family Services calls the cuts an "unfortunate consequence" of Friday's ruling by a federal judge who said Kentucky can't require poor people to get jobs to keep their Medicaid benefits. U.S. District Judge James E. Boasberg's rejection of the Republican governor's plan to overhaul the state's Medicaid program is a setback for President Donald Trump's administration, which has been encouraging states to impose limits on the state and federal health insurance program for the poor and disabled. Cabinet spokesman Doug Hogan squarely blames the judge, saying the "optional services" will be restore...
Over 500,000 years of geographic change explains human adaptation in Kenya

Over 500,000 years of geographic change explains human adaptation in Kenya

Science
March 16 (UPI) -- By studying rocks in Kenya, scientists have uncovered an understanding of human evolution over the last half-million years.Anna K. Behrensmeyer of the Department of Paleobiology at the National Museum of Natural History and her colleagues over more than 15 years studied the geological history of the East African Rift in southern Kenya. They detailed their findings Thursday in the Geological Society of America Bulletin.Because the sediments of the newly named Oltulelei Formation in the Olorgesailie Basin were deposited after a 180,000-year period of erosion, they preserved important evidence for human evolution until about 36,000 years ago.For roughly 700,000 years, the basin was relatively stable. But over the last 500,000 years, it has been divided into sub-basins and ex...