Less CO2 through power plants EUEmissions trading paying off

Status: 06/17/2021 3:36 p.m.

The European emissions trading system had an impact last year. According to figures from the Federal Environment Agency, CO2 emissions in Germany’s power plants have fallen sharply. It looks different with industry.

From Martin Polansky, ARD capital studio

The German power plants emitted 15 percent less CO2 last year than in 2019. Coal power plants in particular were shut down. The energy sector and industry in this country have reduced their CO2 emissions by 33 percent since 2013. This is shown by current figures presented by the Federal Environment Agency (UBA).

According to the head of the German Emissions Trading Authority at UBA, Jürgen Landgrebe, European emissions trading has proven its worth. “The greenhouse gas emissions of the plants in Germany have fallen significantly.” Since 2018, the EU has decided to significantly strengthen its ambitions in European emissions trading. “And as a result, the markets reacted immediately,” said Landgrebe.

Significant price increases since 2018

Emissions trading is seen as a market-based instrument to reduce CO2 emissions. The system has existed since 2005. It ensures that around 1,800 power plants and industrial companies in Germany require emission certificates in order to be allowed to emit CO2.

The certificates are traded. The number of these decreases annually, which means that their price increases gradually. As a result, CO2 emissions are also becoming more and more expensive. While the certificate price was quite low for a long time, it has increased significantly since 2018 – to more than 50 euros per ton of CO2.

Gas-fired power plants and renewable energy systems have benefited from this, said the head of the emissions trading office. Last year, more than 45 percent of the gross electricity consumption in Germany was covered by renewable energies. “The aim is for us to price fossil fuels heavily so that renewable energies also become competitive more quickly,” said Landgrebe.

Weak effects in industry

Many market observers assume that emissions trading could lead to the shutdown of coal-fired power plants in this country much earlier than 2038. This end date was agreed a good two years ago in the so-called coal compromise between industry, environmental associations and trade unions. The federal government had largely adopted the compromise in the coal exit law. In industry, however, the effect of emissions trading has so far been less pronounced. Emissions have only fallen by around eight percent since 2013 – also due to the corona pandemic. In many cases there is a lack of marketable alternatives, for example for chemical plants or the steel industry. The latter is to switch from coke to hydrogen in the long term.

Help for retrofitting

The head of the German Emissions Trading Authority advocated increasing the pressure on industry. Fewer CO2 certificates should soon be issued. In addition, public aid is available for retrofitting. Landgrebe referred to the European innovation fund, which will provide approximately 20 billion euros for corresponding investments.

“The national decarbonisation fund is also providing around two billion euros to strongly promote such technologies and bring them to market readiness,” said Landgrebe.

Special taxes on industrial imports?

The steel industry and other sectors fear that European companies could suffer competitive disadvantages if the pressure to switch becomes too strong. The argument goes that climate protection does not benefit from steel coming more from India or China in the future.

In the European Union there are therefore considerations to impose special taxes on industrial imports from regions of the world with low climate standards in order to protect domestic industry. The EU Commission wants to present plans in July on how emissions trading can be used even more. On the one hand, consideration is being given to lowering the CO2 cap more quickly in order to meet the more ambitious European climate targets. On the other hand, certificate trading could be expanded to the areas of transport and buildings.

Surcharge at the gas station

In Germany, there has been a national CO2 pricing for fuel, heating oil and natural gas since the beginning of the year. However, this system is currently not based on a fixed CO2 cap, which is gradually being lowered, but on a price surcharge, for example at the petrol station – in the hope that people will use less fuel.

Similar to the issue of phasing out coal, European emissions trading could in the long run make the special national regulations superfluous in this country – if it proves to be the more efficient and market-compliant system for reducing CO2 emissions

Clarification from Brinkhaus Petrol is also becoming more expensive with the Union

Status: 11.06.2021 10:40 a.m.

When it comes to the issue of gasoline prices, the focus is on the Greens. The grand coalition decided to increase the price of CO2 a long time ago. Union faction leader Brinkhaus made this clear again, but demanded an appropriate transition period. In the dispute over rising gasoline prices, Union parliamentary group leader Ralph Brinkhaus has made it clear that gasoline would also become more expensive with the Union at the head of the future federal government. “Petrol is getting more expensive, now a little bit, in the second half of this decade it will be really more expensive,” said the CDU politician in Im ARD morning magazine . This was already decided in autumn 2019. “The fight against climate change will not be for free.”

Not the “if”, but the “when” is up for debate

It is important to create realistic and fair transition periods. Germans do not have to sell their cars immediately, but they do have to be prepared to switch to electric cars or low-consumption cars in the future. The social question is not that gasoline will become more expensive. “But the social question is: Do people have a transition period that is long enough to adapt,” said Brinkhaus. This applies not only to gasoline, but also to heating. The plan is to absorb the rising prices through subsidy programs.

Gasoline price hike long been a done deal

In the debate about higher fuel prices, government spokesman Steffen Seibert had recently made it clear that the prices for fuels such as gasoline and diesel would rise in the coming years anyway. The federal government has decided to scale the CO2 price up to 2025, which already has “effects on all fuel prices”, said Seibert last Friday. This applies equally to gasoline, diesel and heating oil. The background to the statements: The coalition of the Union and the SPD had introduced CO2 pricing in traffic and buildings as a central measure in the fight against climate change. Since the beginning of the year, the CO2 price has been 25 euros per ton. According to previous plans, it should rise to 55 euros by 2025. According to calculations, this would mean a surcharge of at least 15.5 cents for a liter of petrol and at least 17.4 cents for a liter of diesel.

Baerbock’s advance fueled debate

In line with the new climate goals of the federal government, the Greens are calling for the increase to be brought forward and for the CO2 price to be raised to 60 euros per ton as early as 2023. At the same time, they propose to give back 75 euros each from the state revenue from the CO2 price to the citizens in order to avoid social upheaval. Most recently, the Green Chancellor candidate Annalena Baerbock fueled the debate. According to her party’s draft program, she advocated a gasoline price increase of 16 cents and, after her announcement, received a lot of criticism, especially from the ranks of the SPD. CSU General Secretary Markus Blume also accused the Greens of proceeding ideologically in the climate debate. “For Annalena Baerbock, climate protection is above all a fight against drivers,” Blume told the media. Mobility shouldn’t be a luxury. Rural areas and commuters will not be allowed to bear the burden unilaterally.

A clear majority rejects gasoline price increases

Environmental groups have long accused the parties of “dishonest election campaigns at the expense of the climate and biodiversity” and argued that the German government itself initiated the price of CO2, which is already making fuel more expensive and will continue to make it more expensive. The opinion of the Germans is pretty clear: According to the latest GermanyTrend three quarters (75 percent) of Germans reject a gasoline price increase. 22 percent think such a measure is a step in the right direction. A switch from internal combustion engines to electric drives in cars is also rejected by 57 percent. 37 percent would support such a measure.

Sales increase The chemical industry is raging

As of: 06/09/2021 3:54 p.m.

The third largest German branch of industry has reached the pre-crisis level again. After growth in the first quarter, the chemical industry raised its forecast for the year. The pharmaceutical business in particular is doing better than expected. Despite the rise in raw material prices and delivery problems, the German chemical industry continued on its growth path in the first three months of the year. As announced by the German Chemical Industry Association (VCI), the sector increased its sales by 1.1 percent to 51.3 billion euros compared to the same period in the previous year. Production increased by 0.8 percent. Compared to the fourth quarter of 2020, sales growth was even 3.6 percent.

Again above pre-crisis levels

With the sustained upward trend, the third largest German industrial sector – after the car and machine builders – has already compensated for the corona dent. Production and sales are now back above pre-crisis levels. Above all, exports to EU countries increased. In addition, there was the increasing demand from Asia. The chemical industry was also able to grow in the German home market – thanks to higher prices.

“Hope for a good year in chemistry”

VCI President Christian Kullmann, who is also the head of the chemical company Evonik, was delighted with the development. “The first few months give hope for a good year in chemistry,” he said. “The demand for chemicals and pharmaceuticals is increasing.” The industry association is now even more optimistic about the year as a whole. For 2021, the VCI predicts sales growth of eight percent and an increase in production of 4.5 percent. So far, a plus of five percent in sales and an increase of three percent in production had been forecast.

“The demand for chemicals and pharmaceuticals is increasing.” – VCI President Christian Kullmann Image: picture alliance / dpa

Price increases and corona vaccines as drivers

Strong price increases for the chemical and pharmaceutical products manufactured should make a significant contribution to this. The association is anticipating 3.5 percent higher prices for the year as a whole. The chemical industry is also benefiting from the corona vaccine boom. There are numerous suppliers for the vaccines from BioNTech, Moderna & Co, including Evonik and Wacker Chemie. You act as a technology supplier or as a contract manufacturer.

Worry about delivery bottlenecks

Only supply bottlenecks for materials and intermediate products are dampening the good mood in the chemical industry. “They are now affecting the operational processes of every second company,” warned VCI President Kullmann. However, the situation should ease again in the course of the year. In March, the blockade of the Suez Canal interrupted the supply chain from Asia in the chemical industry. Around 16 percent of chemical imports and 18 percent of exports take this route.

Huge green electricity demand for climate neutrality

In addition, the more stringent climate protection targets are making the industry difficult. “The way there remains in the fog”, said recently Wolfgang Große Entrup, General Manager of the VCI. “For the new goal, our industry needs more electricity than Germany currently consumes overall – as green electricity.” If the industry does not get competitive prices for electricity from renewable energies, it will not manage the energy transition. In spring 2020, the association presented a study in which it considers climate neutrality by 2050 to be technically feasible. For this, however, enormous additional amounts of green electricity are required. By the mid-2030s, the chemical industry’s electricity needs will increase more than tenfold. In addition, the electricity price would have to drop to four cents per kilowatt hour, demanded the VCI. The industry currently pays between eight and ten cents per kilowatt hour.

BASF is pushing ahead

VCI President Kullmann considers the renewed tightening of climate protection targets and the more rapid increase in CO2 prices called for by the Greens in their election manifesto as “irresponsible”. At the annual chemistry conference of the “Handelsblatt”, he warned that those who shackle the industry put the ax to their transformation. Good politics are based on incentives and not on bans. BASF is one of the first chemical companies to commit to reducing greenhouse gas emissions to zero on a fixed date. The people of Ludwigshafen want to become climate neutral by 2050. Among other things, one should help huge wind farm in the North Sea that BASF is planning together with RWE . The plant with a capacity of two gigawatts is to supply the Ludwigshafen chemical site with green electricity from 2030.

Brent oil price increased for 4 consecutive sessions on June 15. Photo: Reuters Ending the session on June 14, Brent oil price advanced 17 US cents to 72.86 USD/barrel. The price of this oil commodity at the beginning of the session jumped to $73.64 per barrel – the highest level since April 2019. The price of WTI oil fell 3 US cents to 70.88 USD/barrel, after touching $71.78/barrel at one point, the highest level since October 2018. The price of “black gold” has increased sharply in recent weeks thanks to a gradual recovery in demand for fuel in the context of many countries easing restrictions to prevent the Covid-19 epidemic. The International Energy Agency (IEA) on June 11 forecast that global demand will return to pre-pandemic levels by the end of 2022, faster than previously predicted. The IEA called on the Organization of the Petroleum Exporting Countries (OPEC) and its allies, collectively known as the OPEC+ group, to increase supply to meet demand. The OPEC+ group has limited output to support oil prices after the Covid-19 pandemic caused demand to drop to a record in 2020. Indirect discussions between the US and Iran, and the remaining powers in the 2015 Iran nuclear deal, resumed on June 12 in Vienna (Austria). However, the European Union (EU) described this round of negotiations on the multilateral nuclear deal as “tense”. The US return to the Iran Nuclear Agreement, also known as the Joint Comprehensive Plan of Action (JCPOA), would pave the way for the lifting of economic sanctions on Tehran, thereby allowing the OPEC member This continues to export crude oil. However, financial consulting firm ING Economics said that the possibility of the US rejoining the JCPOA before the Iranian presidential election this weekend is very unlikely. Regarding supply, the OPEC + group recently decided to maintain the production agreement to support oil prices in the middle of the epidemic season. According to ING, additional supply from the OPEC+ group will be needed in the second half of the year, as demand is expected to continue to recover. However, the rally of oil prices in the session was also limited as investors cautiously waited for the outcome of the policy meeting of the US Federal Reserve (FED) from 15-16/// 6 to look for signals on when the central bank will begin to scale back its monetary stimulus measures.

The price of Taiwanese mangoes fell to the lowest level in recent times The amount of vegetables and fruits to the Thu Duc agricultural wholesale market increased from 3300 tons to 3500 tons due to the increased shopping demand of people during the days when Ho Chi Minh City implemented social distancing. Hoc Mon wholesale market recorded a stable volume of goods from places entering the market as in the previous days, about 3,000 tons. Similarly, in the Mekong Delta, vegetables and fruits keep an upward trend. Broccoli is 22,000 VND/kg, an increase of 2,000 VND/kg compared to yesterday, sweet cabbage is 22,000 VND/kg, 5,000 VND/kg, bitter melon is 22,000 VND/kg, 2,000 VND/kg higher, gourd is 12,000 VND/kg, 1000 VND. /kg, squash 14,000 VND/kg up 2000 VND/kg, water spinach 15,000 VND/kg up 2000 VND/kg, spinach 15,000 VND/kg up 3000 VND/kg, cowpea 15,000 VND/kg up 2000 VND/ kg… The price of fruit has remained stable, especially the price of Taiwanese mangoes in many localities in the Mekong Delta has dropped to a very low level and is difficult to consume. Accordingly, grade 1 mangoes can only be purchased for about 5,000-6,000 VND/kg, grade 2 and 3 are only 2,000-3,000 VND/kg, and drift goods are priced at 1,000 VND/kg. This is a very low price for many years. According to Taiwanese mango farmers, recently, due to difficulties in export output due to the epidemic, small traders and mango granaries for export have limited purchases, causing mango farmers to face many difficulties in output. Seafood prices keep prices stable. Farmed snakehead fish is 48,000 VND/kg, two brood fish is 40,000 VND/kg, down 2,000 VND/kg, white meat catfish is priced at 35,000 VND/kg, giant freshwater prawn is 230,000 VND/kg, tilapia is 32,000 VND/kg, red tilapia 46,000 VND/kg, grade 1 eel costs 240,000 VND/kg, grade 2 eel costs 180,000 VND/kg, farmed frog costs 55,000 VND/kg.

“This is a result of the recent significant exchange rate fluctuations between the euro and the USD. Price adjustments are made in the countries that are needed and the products are guaranteed,” said the fashion house Chanel. Chanel sells for the same price worldwide. ” The company also added that the increase in product prices is seen as an act of trying to protect its profits from the outbreak of the Covid-19 epidemic. Many brands still raised product prices during the Covid-19 translation. Photo: WWD. Prices increased depending on items such as Louis Vuitton’s Pochette bag increased 46%, while Chanel’s Classic Flap accessory increased by 20-31% by region. In addition, the best-selling designs of the brands Prada Re-Editions, Lady Dior or Gucci Jackie also have 18-25% higher prices compared to 2020. On the other hand, Hermès only increased handbag prices by 3-6% during the period of social isolation due to the Covid-19 translation. Chinese influential figure – Mr. Bags – tracked the price changes of products from season to season and shared their views with WWD that brands are not going to push prices up at the same time. “They will push up prices for select bags and the next step remains stable in the long run. Then, raise prices for a new group of bags,” he said. For example, Dior has not changed the price of a saddle bag for more than a year and the Chanel 19 only increased by 5% compared to last year. Louis Vuitton’s Multi Pochette bag grew 46% within a year. Photo: Harper’s Bazaar. By 2021, price increases will happen more often. Gucci increased the price of Neo Vintage GG Supreme and Horsebit 1955 bags by more than 15% in early March. There is a high chance that many brands will continue to increase in price this year, analysts added. However, this strategy is only a temporary solution and will have a specific limit on the number of price increases when international tourism is back to normal, and brands are required to adjust again. “In the watch sector, brands want to increase prices and continue to develop diversified goods. But when the economic booms,” said Zuzanna Pusz, head of European luxury fashion research at UBS. In the end, many companies have to reconsider their product pricing as well as the structure “. According to the sheet Vogue , the price increase is an effective way to balance brand damage. However, how much and for how long is the question that firms must think about to make the right decision, putting the interests of consumers first. In the Chinese market, consumers do not pay much attention to the story of increasing product prices. Instead, they will line up for a few days at the store before the new price is introduced. From the point of view of the nation’s people, they are not only buying a bag, but also an investment in the future. Buyers were waiting in line at Louis Vuitton’s store. Photo: Reuters.

AquaGoat’s transaction value and volume suddenly increased sharply after Facebook CEO Mark Zuckerberg posted a picture of two goats raised on his own farm with the content “My goats: Max and Bitcoin”. Internet users claim that Max and Bitcoin are Zuckerberg’s two goats, implying that the Facebook co-founder is also interested in Bitcoin and the crypto market. AquaGoat’s value soared after Mark Zuckerberg’s two goats. Photo: CoinMarketCap. AquaGoat was launched by an Australian programmer on April 7 and appeared on CoinMarketCap from April 21. This is a decentralized token on the Binance exchange that emphasizes transparency and community contribution. According to AquaGoat’s website, transactions will be partly deducted and donated to organizations that conserve marine life and clean the ocean. AquaGoat’s Twitter page also repeatedly mentioned Mark Zuckerberg, referring to the image of his two goats contributing to the price increase of more than 500%. This is not the first time cryptocurrencies “animals” have increased in value thanks to technology billionaires. Recently, the crypto value Dogecoin with the image of Shiba dog has continuously fluctuated after the posts of billionaire Elon Musk. On April 17, a post with the content “Doge barking at the moon” of the billionaire made the Dogecoin price more than doubled. Earlier in February, the coin also appreciated more than 50% after Musk’s survey of the future currency in the world. Zuckerberg’s post shared the names of two goats, Max and Bitcoin. Screenshots. On May 8, Musk uploaded a photo of Musk’s personal announcement to join the program on Twitter Saturday Night Live , insert the Shiba dog image, the Dogecoin symbol in the frame. Soon after, the Dogecoin price surged and reached a historic high of $ 0.72. However, before the time Elon Musk aired the program, the price of Dogecoin fell sharply. On May 10, Musk’s aerospace company SpaceX announced a mission called “DOGE-1 Mission to the Moon”. This is a delivery program to the Moon in which SpaceX accepts payments in Dogecoin. While attracting attention, crypto experts recommend that Dogecoin, or “animal” currencies, have many drawbacks compared to other decentralized assets like Bitcoin. Therefore, investors should be cautious before deciding to enter the market. The high cost of Bitcoin mining Since the advent of cryptocurrencies, the amount of electricity needed for mining has increased significantly. This leads experts to believe that mining cryptocurrency is not environmentally friendly.

Photo: FT The dog-shaped coin that started as a joke has grown in value by 1,000% this year and has received the support of many celebrities, such as Tesla founder Elon Musk. . Photo: FT It is not clear how much money Aziz McMahon will gain after investing in Dogecoin. However, The Guardian says that this number is significant. For her part, Aziz McMahon declined to comment. Goldman Sachs said that Aziz McMahon was not involved in the bank’s crypto business. Photo: Bloomberg Last week, Goldman Sachs opened a Bitcoin investment division. This is in contrast to 2018 when the bank said it had decided not to enter the cryptocurrency market. Photo: Bloomberg Created by two software engineers named Billy Markus and Jackson Palmer, Dogecoin was intended to be a faster and happier alternative to bitcoin. Since its inception, Dogecoin has a growing community of users. In mid-April, Dogecoin reached the top 10 of the largest cryptocurrencies in the world.

Member price increases offend public anger There are routines behind the price increase Why does the price increase of video site members arouse the nerves of the majority of netizens? Faced with the problems raised by Film Critic Today, Shi Yedong admitted that the price increase this time was not low. Netizens generally complained that video sites did not provide so many high-quality content that everyone was willing to pay. Chinese consumers have always been willing to pay. The willingness to consume cultural products is not strong. From continuous annual subscriptions, seasonal subscriptions, monthly subscriptions to specific levels of film and television VIPs, the names of video website members seem to be suspected of playing word games. In this regard, Shi Yedong continued to tell “Today Film Critics” that video sites tend to induce mass consumption at very low prices in the first month and year of membership, and raise prices during the next renewal, and they themselves are not. Not so concerned about the voice of consumers, because although certain consumers will be lost due to price increases, their total income will increase instead. Many netizens reacted fiercely to the price increase of members on video sites, and even bluntly said that they would not renew their membership. In response to the disgust of netizens, Shi Yedong pointed out to “Film Critic Today” that when members watch videos, there are problems such as exclusive advertisements, clarity of goods and mismatched boards, etc. In fact, the public is usually dissatisfied, and some people who have attracted audiences to become members in the past The decline in the quality of programs or the suspension of broadcasts is also “persuing” viewers. Facing the scenes of “Today Film Critic”, Shi Yedong continued to say that video site members have “super” above “normal”, and “gold”, “platinum” and “black diamond” on top of “silver”. “Members have an infinite number of routines. In the end, there will be a’Saint Seiya’ member. Do I have to keep topping up? This is a bit of a behavior of cutting leeks, and consumers will definitely have the psychology of being deceived. .” Rising prices or the only way Improve quality and promote circulation Regarding the price increase for members of video sites, Film Critic Today also specifically interviewed Chen Jing, an expert from the Beijing Film and Television Copyright Expert Appraisal Committee. In her view, according to the “Price Law of the People’s Republic of China”, most goods and services are subject to market-adjusted prices, and video websites including Tencent Video are not within the pricing catalog. Therefore, Tencent Video Sub-price increase can be understood as a freely regulated pricing behavior in the market based on production and operation costs and market supply and demand conditions. In this regard, Shi Yedong also added to “Film Critic Today” that the price increase of video sites is indeed more worrying about their own expenses and costs, because their losses are too serious, and at the same time there are not too many. There are better ways to increase income, so price increases have become an inevitable choice. “Today Film Critic” also tried to interview Tencent Video, but the platform did not respond. Is it the overlord clause or the only way to increase the price of video website members? As a guest at the “Today Film Critic” scene, Shi Yedong bluntly said that price increases are indeed the only way for video websites to increase their overall income, but consumers who don’t care about whether the website is at a loss, more often see the quality of the product. Compared with the bad effects brought about by the sky-high pay and actor matting in the past, the quality of the content of the episodes provided by video websites has made great progress in recent years. In this regard, Shi Yedong also frankly admitted to “Film Critic Today” that video websites are also reducing costs and exploring more segmented and high-quality content. “If this virtuous circle can be embarked on, it will be important for websites and consumers. All future choices are good.” It is reported that the daily broadcast column “Today’s Film Critic” in the category of film culture reviews is broadcast on CCTV-6 movie channel every Monday to Friday at 22:00. Source: 1905 Film Network

The big reason for this sharp increase is believed to be the appearance of Tesla CEO Elon Musk on Saturday Night Live, which will take place at dawn 9/5 Vietnam time. Will Musk take Dogecoin soaring? Many people waiting for Musk, which has been publicly supporting Dogecoin for a long time, will mention the cryptocurrency right in the show with millions of viewers across the United States. “Everything will depend on what Elon Musk does, what he says. Everyone will look at the phone while watching the program to keep up with the latest developments,” said Alma Cortez, an investor in Dogecoin. Bloomberg. She said she would invite friends over to watch the show featuring Elon Musk. Elon Musk regularly mentions Dogecoin on his personal page. Photo: Reddit. On the morning of May 8, Elon Musk personally posted a photo of him and two other Saturday Night Live guests on Twitter. Musk also inserted a photo of the dog Shibu, the symbol of the Dogecoin, in the frame. Soon after, the Dogecoin price surged and hit a historic high of $ 0.72 before cooling off. Just a day ago, Musk posted a video on Twitter saying “Cryptocurrency has great potential, but invest with caution”. There is no shortage of stories about Dogecoin investors profiting from this coin. Due to its very small value, only around $ 0.001 to $ 0.003 throughout 2020, investors can own hundreds of thousands of Dogecoins with just under $ 1,000. Elon Musk posted a photo with the guests of Saturday Night Live, and added a picture of Shiba, the Dogecoin symbol. Photo: Elon Musk. Dogecoin’s hot growth is in large part thanks to Elon Musk’s cheers. He repeatedly posted on Twitter cheering for the coin, arguing it would “go to the moon,” a term for the crypto’s skyrocket. Many investors have been waiting for Musk’s television appearance to keep Dogecoin going. With Dogecoin, many experts believe that emotions will contribute the largest to the value of money, not fundamental analysis or technical analysis. “I will trade on the expectation of the arrival of Elon Musk. Whatever he says, people will surely be disappointed by the words that will not be compared with current expectations for Dogecoin,” Yosef Adelman, marketing specialist and Dogecoin investor since 2019, said. Criticized, Dogecoin still surged In the world of cryptocurrencies, Dogecoin is considered a joke since there is no app attached, nor an unlimited number of it can be created. Programmers Billy Markus and Jackson Palmer created this coin by copying the Bitcoin source code, searching for “Bitcoin” and replacing it with “Dogecoin”. It took him just one afternoon to create Dogecoin, Billy Markus said. However, the value of this currency has increased sharply in the past 6 months. According to the CNBC Dogecoin has risen 2,500 times in just half a year, reaching a market cap of $ 86 billion, ranking 4th in the market. This cryptocurrency has increased in price thousands of times in the past half year. Photo: Coinmarketcap. During the same period, the S&P stock index rose 19%, and Tesla shares rose $ 56. Cryptocurrencies Bitcoin and Etherum rose 3 and 7 times, much lower than Dogecoin. “This time, Wall Street is falling. We are seeing young people on TikTok investing much higher returns than the smartest financial investors,” said Mati Greenspan, manager of Quantum Economics. review. “The best part of Dogecoin is honesty. Unlike many other crypto projects, it doesn’t have a grand vision or world-changing claim,” said Galaxy researchers Alex Thorn and Karim Helmy. prefer. Dogecoin’s growth leads to many strange situations. Shares of Coinbase, the largest cryptocurrency exchange in the US, fell to a May 6 low because the company does not support trading of less guaranteed coins like Dogecoin. Meanwhile, trading app Robinhood that supports Dogecoin has climbed to the top of the App Store rankings in the US. In addition to having no background value, many crypto experts warn that the Dogecoin source code has long been out of date. “There are a lot of question marks around Dogecoin’s software problem. Then there will come a time when the software must be updated. If Dogecoin is really valuable and people can monetize the applications on it, someone else will. Get in right now, “commented Konstantin Richter, CEO of blockchain platform Blockdaemon.

Vung Ang squid (Ky Loi commune, Ky Anh town, Ha Tinh province) is a famous and delicious dish. Squid dancing in Ha Tinh was fished by skilled craftsmen at night and sold to the owners. Each kilogram of squid is sold for between 700 million and 1 million, but still sold out. Squid dance is also known as squid swimming, living so jumping crunchy and blinking (Photo: Thien Luong) Squid can process many different dishes such as boiled, steamed, salad, grilled, fried … but simply and keep the crisp, sweet taste of the squid is to let the whole thing clean, put in a pot to boil a few minutes picked out immediately. The indispensable spice when eaten is mustard or ginger fish sauce, guise leaves … Ca Mau crab specialty increased in record prices On the days near the holidays April 30 – May 1, the price of Ca Mau crab increased quite high, especially crab crab. As noted by the reporter Dan Tri newspaper, crab crabs cost up to 800,000 VND / kg (400 grams or more), while brick crabs from 300 grams to less than 400 grams cost 750,000 VND / kg. Compared to normal days, this price increases from 150,000 VND to 300,000 VND / kg (depending on type). Some other types of crab meat such as crab y, square bib … currently cost about 300,000 VND / kg or more. This price also increases by around 50,000 VND / kg. The reason for the sharp increase in the price of crabs is that the demand for sea crabs to be bought as gifts, food … increases on the next 30/4 – 1/5 holidays. Specialty fish face demon to Hanoi price 2-3 million / kg According to GiadinhNet, the demon face fish is known to be a very ugly fish with very hard scales, rough, rough look, the same color as dead coral reefs. This fish is called the super-poisonous god on the ocean floor because it is one of the most unique fish species in the world. On the back of the demon face fish there are 13 dorsal fins containing strong toxins. Devil’s face fish (Photo: GiadinhNet) Although possessing an extremely ugly and scary shape, this fish brings a huge source of nutrition to humans. In Vietnam, visitors can enjoy this fish in the Nha Trang, Phu Yen, Binh Thuan tours … The price of a demon face fish, weighing 1.2-3kg in Hanoi fluctuates. from 3-9 million VND, many times more expensive than other high-end seafood. Gas prices plummeted From 7:30 a.m. on May 1, gas prices decreased from VND 1,583-1,604 / kg (VAT included), equivalent to VND 19,000 / bottle (12kg). Retail gas price ranges from 361,000 to 384,000 VND / 12kg cylinder; 1,439,000 VND / 45kg bottle and 1,599,000 VND / 50kg bottle. The reason for the decrease in gas prices is that the average world gas price in May 2021 decreased by 60 USD / ton compared to April 2021. From the beginning of the year until now, this is the second month that the gas price has cooled down with a total reduction of nearly 40,000 VND / 12 kg cylinder. Diamond vegetables expensive, out of stock Recently, diamond vegetables, also known as snowflake vegetables, suddenly appeared in Hanoi, and were actively bought by people. This vegetable has thick leaves, the leaves and stems have many sparkling seeds like white snowflakes. Notably, the price of this vegetable is not cheap, up to 150,000 VND / kg, but still makes many curious people want to enjoy it once. Diamond vegetables have a fresh, crunchy taste, mild salty taste, soft and juicy leaves and can be eaten raw, so they are popular with customers. Snowflakes (diamond vegetables) make many women curious to buy. According to Ms. Le Thi Duyen in Khuong Mai (Thanh Xuan, Hanoi), snowflake vegetables come from the desert regions of South Africa. They also have another name as diamond vegetable to see the rarity and rarity of this vegetable. However, in recent years, vegetables have been imported to Vietnam and grown by a number of gardeners in Dalat to supply to the market. Quang Ngai chili, onions dropped at a record price According to Zing, traders currently buy chili in Tu Nghia district (Quang Ngai) for only 10,000 VND for 3 kg of chili fruit, the lowest price ever. Chili prices continuously dropped, causing thousands of Quang Ngai farmers to face many difficulties. Chili sold not enough to pay for labor, many farmers in Nghia Thuong commune, Tu Nghia district neglect the ripe chili in the field. In a similar situation, onions growers in Binh Dinh also struggled because onions fell at record prices. Dan Tri newspaper said that the current price of purple onion and pilgrimage in Binh Dinh ranges from 5,000-10,000 VND / kg but still cannot be sold. Meanwhile, in some years, the dry pilgrimage was sold by people for 60,000 VND / kg. The local government plans to “rescue” onions to help farmers. House prices rose sharply due to record high prices of sand and steel According to VTV, the price of construction steel is currently about 18,700-18,800 VND / kg. This price level is 40% higher than that of the end of the third quarter of 2020. Construction contractors nationwide are facing the risk of losing all construction profits, even bankruptcy due to the sudden increase in steel prices. In the face of record high steel prices, condominiums offered to the market are facing the risk of price increases, which have a significant impact on consumers. Currently, the price of construction steel is about 18,700-18,800 VND / kg. (Photo: NLF) Meanwhile, since the Lunar New Year, the price of sand in the West has increased dramatically. Specifically, according to Dan Tri Newspaper, the price of filling sand (good grade) that businesses sell at the yard is from 180,000-200,000 VND / m3, car-building sand is 280,000 VND / m3, sand poured concrete 320,000 VND / m3. The high sand price has caused many projects and works to be delayed. Many businesses have won the bid “cried” because of the price of sand. Pork prices fall, poultry meat is likely to increase According to the General Statistics Office, pork prices in April fell 1.75% from the previous month. The price of live pigs in many localities across the country has cooled down, ranging from 70,000-73,000 VND / kg. Pork prices are low, in the range of 60,000-165,000 VND / kg. The price of pork decreased due to the control of African swine fever, and the guaranteed supply of pork. Accordingly, the price of roast meat, sausages, rolls in April also decreased by 0.46% over the previous month. In April, prices of chicken and eggs of all kinds decreased by 0.22% and 1.2%, respectively, compared to the previous month due to plentiful supplies. However, according to the Ministry of Agriculture and Rural Development, from May onwards, the supply of poultry meat will be in short supply if the farmer continues to leave the barn and not re-herd. If farmers do not maintain the current scale, the risk of lack of chicken products in the second quarter and third quarter of this year. Plum rice cheap as for, equal to 1/3 cup of iced tea Currently, plums growing points in Chieng Co commune, Chieng Ngan, … (Son La city) are in the harvest season and very wrong. But compared to every year at this time, the price of plum rice this year is surprisingly cheap when it does not exceed 5,000 VND / kg, even plum growers have to sell for 1,000 VND / kg to avoid waste. The price of plums falling on the carpet is partly due to the lack of time to harvest the ripe fruit. Another reason is that the plum this year is very wrong, so the yield has also increased significantly. Plum growing households are spontaneous, no traders or businesses stand out to buy. Moreover, the price of plums plummeted down due to the influence of the Covid-19 epidemic, the consumption was also slow, and the purchasing power was weaker. Hanh Nguyen (Synthetic)

This time is the peak of harvest of melon, melon fields in Dien Chau are always bustling with people. If in previous years, watermelon yield and quality decreased due to pests, diseases, weather … this year, melon will grow better; People are happy to have a good season, although they are still on holiday, they are still eager to harvest. Photo: Nguyen Chau It is known that this year melon yield about 9 quintals / sao, higher than the previous years; Therefore, each household has an income of 10-12 million VND in this crop. This is not a small amount for the farmer at this time. Photo: Nguyen Chau According to observations, this year’s melon fruit is big, round, less pests and sweet, so it is favored by the market. The selling price in the field is 18,000 VND / kg, much higher than the previous crop. If people bring to retail, the price is even higher. Photo: Nguyen Chau Melon pears, after picking, are washed right in the field by people to clean the sandy soil layer, then packed in bags to enter for traders. Photo: Nguyen Chau Ms. Nguyen Thi Van, a trader who buys melon in Dien Ky commune (Dien Chau), said: “The timing of this year’s melon harvest coincides with a long holiday, so many restaurants and hotels contacted to place an order. Many families return to their hometown for the holiday season also come to the fields to buy large quantities of melons as gifts, so wherever they are picked, they can all be bought. ” Photo: Nguyen Chau This year the whole district of Dien Chau planted nearly 20 hectares of melon, concentrated in the communes of Dien Ky, Dien Hong … in which Dien Ky commune had the largest area. According to medicine, melon has relatively high levels of vitamins A, B, C and minerals that are good for health. Especially eating melon to beautify the skin, lose weight while enhancing memory, good for the heart, blood pressure … Photo: Nguyen Chau

This time is the peak of harvest of melon, melon fields in Dien Chau are always bustling with people. If in previous years, watermelon yield and quality decreased due to pests, diseases, weather … this year, melon will grow better; People are happy to have a good season, although they are still on holiday, they are still eager to harvest. Photo: Nguyen Chau It is known that this year melon yield about 9 quintals / sao, higher than the previous years; Therefore, each household has an income of 10-12 million VND in this crop. This is not a small amount for farmers at this time. Photo: Nguyen Chau According to observations, this year’s melon fruit is big, round, less pests and sweet, so it is favored by the market. The selling price in the field is 18,000 VND / kg, much higher than the previous crop. If people bring to retail, the price is even higher. Photo: Nguyen Chau Melon pears, after picking, are washed right in the field by people to clean the sandy soil layer, then packed in bags to enter for traders. Photo: Nguyen Chau Ms. Nguyen Thi Van, a trader who buys melon in Dien Ky commune (Dien Chau), said: “The timing of this year’s melon harvest coincides with a long holiday, so many restaurants and hotels contacted to place an order. Many families return to their hometown for the holiday season also come to the fields to buy large quantities of melons as gifts, so wherever they are picked, they can all be bought. ” Photo: Nguyen Chau This year the whole district of Dien Chau planted nearly 20 hectares of melon, concentrated in the communes of Dien Ky, Dien Hong … in which Dien Ky commune had the largest area. According to medicine, melon has relatively high levels of vitamins A, B, C and minerals that are good for health. Especially eating melon to beautify the skin, lose weight while enhancing memory, good for the heart, blood pressure … Photo: Nguyen Chau

Green skin pomelo prices increased sharply Similarly, in the Mekong Delta, the price of green vegetables also increased slightly with choysum priced at 21,000 VND / kg, increasing by 2,000 VND / kg compared to yesterday, broccoli was 14,000 VND, increased by 2,000 VND / kg, and cowpea was 17,000 VND / kg, increased by 2,000 VND. / kg, beans price 20,000 VND / kg increase 2000 VND / kg, tomatoes price 20,000 VND / kg increase 2,000 VND / kg … Prices of some fruits also tend to be sideways. The price of sand mango is 10,000 VND / kg, 3-color mango of type 1 is 8000 VND / kg, down 4,000 VND / kg, 3-color mango (bucket type) is 6,000 VND / kg. Particularly, the price of green skin pomelo has increased sharply, type 1 has a price of 35,000 VND / kg, an increase of 10,000 VND / kg, a price of green skin pomelo has a price of 25,000 VND / kg, an increase of 8,000 VND / kg. The price of green skin pomelo increased due to a decrease in supply and an increase in consumption. At this time, the amount of pomelos to harvest in many localities in the Mekong Delta is not much because farmers have sold them in the previous months to nourish their trees to prepare for the end of year harvest. Seafood products have stable prices. The price of howling fish is from 50,000 to 55,000 VND / kg; white plaice cost 35,000 VND / kg, pangasius white meat 35,000 VND / kg, snakehead fish cost 48,000 VND / kg, Red tilapia cost 54,000 – 48,000 VND / kg, tilapia cost 28,000 VND / kg, the price of eel is 160,000 – 170,000 VND / kg, an increase of 5,000 VND / kg compared to the previous day, giant freshwater shrimp is 235,000 – 245,000 VND / kg, and frogs are priced from 50,000 to 55,000 VND / kg …

Edward Snowden’s “Stay Free” NFT photo has skyrocketed after going public. Photo: The Verge. After just one day, from the start of 2 ETH, or $ 4,918, the price of this unique photo has increased by more than 1,000 times, reaching 2,224 ETH (nearly $ 5.5 million) and possibly continuing increase. All profits from the sale of photos will not go to its owner. Instead, this money is financed Press Freedom Organization where Snowden served as president. “New crypto applications can play an important role in helping us,” Snowden stated. This is a photo that is being paid for $ 5.5 million. Photo: Foundation. Snowden is living in exile in Moscow (Russia). As an intelligence agent, he copied confidential information from the US National Security Agency (NSA), sending it to Greenwald and documentary filmmaker Laura Poitras in 2013. Based on this information, the above articles The Guardian and The Washington Post won the Pulitzer Prize for the Public Service category. In 2020, seven years after Snowden passed the documents to Greenwald and Poitras, the US Court of Appeal ruled that the government’s mass phone wiretapping program was a violation of the law. Things to know about NFT – the new fever of the world NFT stands for Non-Fungible Token. This is a crypto token on the blockchain that represents a single asset class.

Steel prices today April 15, many brands suddenly increased their selling prices.

Steel prices in the North

Today April 15, with Hoa Phat steel brand, the price for CB240 steel coil is at 15,890 VND / kg. D10 CB300 steel is currently priced at 16,080 VND / kg.

Vietnam Italy steel brand name today has not changed, CB240 coil is currently priced at 16,040 VND / kg, while D10 CB300 steel increased 300 VND from 15,690 VND / kg (price April 13) to 15,990 VND. / kg.

With Viet Duc Steel (Viet Duc Steel Joint Stock Company) the current price of 2 products is 16,140 VND / kg (with rolled steel CB240) and 16,020 VND / kg (D10 CB300 steel). From March 13 to the present, the company’s steel price has increased by more than 1,000 dong, the highest price in a month.

Kyoei steel factory price remains stable for the 5th consecutive day, with CB240 coil currently priced at VND 15,690 / kg and rebar D10 CB300 currently at VND 15,790 / kg.

Thai Nguyen Steel Company in the evening of April 14 suddenly adjusted to increase prices, currently with 2 CB240 steel coil products, the price is 16,800 VND / kg; also with D10 CB300 steel at the price of 16,240 VND / kg (both products increased by 300 VND).

US steel shows price stability for 12 consecutive days. Currently, the price of rolled steel CB240 is 15,340 VND / kg, while rebar D10 CB300 is at 15,410 VND / kg.

Thus, today, the price of rolled steel CB240 ranges from 15,340 VND / kg to 16,800 VND / kg; while rebar D10 CB300 steel costs from 15,410 VND / kg to 16,240 VND / kg.

Steel prices in the Central region

Hoa Phat Construction Steel has updated its new selling price, slightly decreasing 2 of its steel products. Specifically, the line CB240 steel coil is priced at 15,790 VND / kg; with D10 CB300 steel is currently priced at 15,840 VND / kg.

Viet Duc Steel Joint Stock Company today continues to stabilize prices for the 5th consecutive day (from April 10 to April 15), currently 2 products of CB240 steel and D10 CB300 steel are priced at VND 15,740 / kg.

Pomina Steel, after a strong price increase, continues to stabilize for many consecutive days, unexpectedly increases the price, currently with rolled steel products CB240 is priced at 16,500 VND / kg (an increase of 410 VND); with D10 CB300 steel at 16,600 dong / kg (up 360 dong).

Thus, the price of steel in the Central region with the price of rolled steel CB240 is fluctuating at VND 15,740 / kg to VND 16,500 / kg; with rebar D10 CB300 steel is maintaining the price from 15,740 VND / kg to 16,600 VND / kg.

Steel prices in the South

With the Hoa Phat brand, in the Southern market, the price of its products continues to be adjusted. With rolled steel CB240 is priced at 15,790 VND / kg; and rebar D10 CB300 rebar is at 15,840 VND / kg.

The Pomina brand has a price increase adjustment. With rolled steel CB240 and D10 CB300 steel, the prices are 16,390 VND / kg and 16,500 VND / kg, respectively.

Southern steel brand increased selling price, exceeding 16,000 VND / kg. With rolled steel products CB240 has a price of 16,190 VND / kg; while with rebar D10 CB300 steel is 16,090 VND / kg.

Tung Ho steel factory has also raised selling prices. With rolled steel CB240 is at 16,190 VND / kg, while rebar D10 CB300 price is 15,940 VND / kg.

It can be seen that, in the Southern market today, apart from the steel giant Hoa Phat adjusting and lowering the price, other brands are raising the price of their steel products.

On the Shanghai Exchange

Steel price today delivered in October 2021 on the Shanghai Exchange increased by 6 yuan to 5,137 yuan / ton at the time of the survey at 9:45 (Vietnam time).

On Tuesday (April 14), iron ore futures prices in China rose for the third consecutive session, closing at the highest level on record in the past five weeks, Reuters reported.