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This is a carousel. Use Next and Previous buttons to navigate 11 FRANKFURT, Germany (AP) — The European Union is taking another big step toward cutting its energy ties with Russia. The 27-nation bloc is banning Russian refined oil products like diesel fuel and joining the U.S. and other allies in imposing a price cap on sales to non-Western countries. Europe's ban takes effect Sunday following its embargo on coal and most oil from Russia. The move is meant to further slash reliance on Russian energy and payments into the Kremlin's war chest as the anniversary of the invasion of Ukraine nears. The newest energy sanctions have risks: Diesel prices have already jumped since the war started on Feb. 24, and there's uncertainty about how the EU embargo and price cap by the Group of Seven major democracies will affect the market for a fuel crucial to the global economy. Most things people buy or eat … [Read more...] about How will EU ban and West’s price cap on Russian diesel work?

If you ever find yourself cruising around Los Angeles, you might see Erika Nuri Taylor's signs announcing a house for sale in Simi Valley or a condo listing in Van Nuys. What you might not know is that the Realtor is also a Grammy-nominated songwriter with a long and storied career working with the likes of Enrique Iglesias, Janelle Monáe and Fantasia. Or that she co-wrote the Meghan Trainor song "Woman Up" playing in that "80 for Brady" movie trailer that's sure to dominate our televisions during the Super Bowl. So, you might wonder, why on earth is she selling houses? The 65th Grammy Awards ceremony, that annual celebration of (mostly mainstream, American, Top 40) radio, arrives once again on Sunday, with performances from the industry's top earners, including Lizzo, Harry Styles and Luke Combs. The glitzy gathering can obscure the fact that making a living in the industry is increasingly hard for most songwriters and musicians in the streaming era. Royalties tend to be … [Read more...] about In the Spotify era, many musicians struggle to make a living

The second campaign of the DTM’s GT3 era will be remembered for a number of good storylines, but one race that grabbed headlines for all the wrong reasons was the opening leg of the Hockenheim finale. While all eyes were on the title battle out front, a number of incidents erupted lower down the grid, with videos of a high-speed crash between David Schumacher and Thomas Preining in particular being circulated widely on social media. Such was the extent of the damage from the spate of incidents that seven cars were forced out the final race the following day, with some chassis even having to be written off completely. Driving standards in the DTM have come under question repeatedly in the past and teams do factor in damage costs when preparing a budget for the season. But the number of accidents in 2022 were beyond most had expected, forcing Mercedes squad GruppeM to exit the series due to what it described as “unpredictable” cost of repairs. One way to tackle this problem … [Read more...] about Why some DTM teams take out crash insurance but others gamble

One of the things that makes Carwow videos interesting is how they compare cars in different ways. In this case, a power-to-weight comparison between a BMW M240i, AMG A45, Audi RS3, and Golf R. But the best part? It's entertaining to watch. It starts with the Volkswagen Golf R . Powered by a 2.0-liter turbo four-cylinder with an advertised 320 horsepower, it's equipped with a seven-speed automatic gearbox and all-wheel-drive. The owner thinks his car makes somewhere around 325 horsepower, which turns out to be almost on the nose. The highest of three dyno runs came in at 324.6 horsepower. Next up is the BMW M240i. As one of the more powerful versions of the BMW 2 Series , the M240i came equipped with a 3.0-liter turbo cranking out 347 horsepower. Like the Golf R, the owner of the BMW thinks 347 is a bit low, in this case, it should be closer to 400 horsepower. Again, the car makes more power than advertised, but at 375 horsepower, it's shy of what the owner expected. Moving … [Read more...] about BMW M240i v AMG A45 v Audi RS3 v Golf R Dyno Comparison