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How Putin ended Modi’s cheap natural gas dream

Call it poor judgment or bad luck, but India’s expansion of natural gas coverage to more than 90% of its population couldn’t have come at a worse time. In January, Adani Total Gas Ltd and others won keenly contested licenses to add new areas to city gas networks; in February, Vladimir Putin invaded Ukraine. Suddenly, billions of dollars in investment ...

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Twitter, Tesla collide in Beijing

“Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated,” Elon Musk tweeted after clinching his $44 billion takeover of the social-networking platform. What about nondemocracies, though? If there is one government that has reason to welcome Musk taking control of Twitter Inc, it ...

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Should crypto advocates be seeking regulation?

Digital finance is booming, with the value of cryptocurrencies outstanding reaching more than $2 trillion from almost nothing a decade ago — almost entirely without regulatory oversight to protect investors and the broader financial system. This is not likely to end well, unless officials intervene in a thoughtful way. So what should they do? One option is to avert disaster ...

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