Thursday Briefing: Top U.S. fuel pipeline recovering from devastating ransomware attack

Thursday, May 13, 2021

by Linda Noakes

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Here's what you need to know.

Israeli troops mass at the Gaza border, Cheney comes out swinging, and Musk reverses on Bitcoin

Today's biggest stories

A man carrying a gas container is greeted by a friend waiting in line to enter a gasoline station in Durham, North Carolina, May 12, 2021. REUTERS/Jonathan Drake

U.S.

After a six-day outage, the top U.S. fuel pipeline has moved some of the first millions of gallons of motor fuels to East Coast states after throwing off a crippling cyberattack.

The shutdown prompted the Consumer Product Safety Commission to warn Americans not to fill plastic bags with gasoline as consumers raced to secure supplies.

House of Representatives Republicans have ejected Liz Cheney from their leadership ranks as punishment for repudiating former President Donald Trump’s false claims of a stolen election, but she remains defiant and is making plans to seek re-election to Congress.

Trump wanted National Guard troops in Washington to protect his supporters at the January 6 rally that ended with them attacking the Capitol, leaving five dead, Trump's former Pentagon chief has testified.

As political leaders grow increasingly desperate to persuade Americans to get the coronavirus vaccine, Ohio Governor Mike DeWine has topped offers of baseball tickets and beer with a $1 million prize drawing.

A Palestinian man walks past the remains of a building that was destroyed by Israeli air strikes in Gaza City, May 13, 2021. REUTERS/Suhaib Salem

WORLD

Israeli troops have massed at Gaza's border and Palestinian militants have pounded Israel with rockets, as violence worsens. We explain how Jerusalem tensions have sparked the heaviest Israel-Gaza fighting in years.

India recorded more than 4,000 COVID-19 deaths for a second straight day, while infections stayed below 400,000 for a fourth day, although the virus has become rampant in rural areas where cases can go unreported due to a lack of testing.

The United States and Russia are lowering expectations for big breakthroughs at a superpower summit between U.S. President Joe Biden and Russian President Vladimir Putin, with the adversaries in no mood to make concessions on their bitter disagreements.

China and the United States are grappling with falling birth rates but Germany has bucked the trend with a rise in births nine months after its first pandemic lockdown, testimony to recent family-friendly policies and higher migration.

BUSINESS

Tesla boss Elon Musk has denounced the "insane" amount of energy used to produce bitcoin, doubling down on his sudden rejection of the cryptocurrency as a means of payment over environmental concerns. Bitcoin fell more than 10% after Musk tweeted his decision to suspend its use, less than two months after Tesla began accepting it as payment for its cars.

Samsung Electronics has raised its planned investment in non-memory chips to $151 billion through 2030, joining a rush of firms ramping up investments amid a global semiconductor shortage.

Foreign technology companies will be forced to open offices in Russia or face penalties such as advertising bans under draft legislation, a senior lawmaker says, in a fresh move by Moscow to exert greater control over Big Tech.

A bigger-than-expected increase in U.S. consumer prices has put investors on high alert for more signs of inflationary pressure that could tilt the Federal Reserve toward raising interest rates. So what signs would cause the Fed to change course?

Quote of the day

"The wait has made people more apprehensive but in a good way, more people are longing to go and get involved"

Shauna Coxsey

British climber

Fear of missing out keeps athletes onside for Tokyo Olympics

Video of the day

'Mercy release' leads to an ill fate for Hong Kong turtles

Red-eared slider turtles are released into the wild through a practice rooted in a Buddhist belief that freeing animals brings good fortune. But many animals are being intentionally captured and sold just to be set free.

And finally…

Barley bubbles - beer spa opens in Brussels

Belgians can relax in a jacuzzi filled with hops, yeast and malt - with beer on tap.

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