Two big South Korean electric vehicle battery makers have settled a long-running trade dispute that will allow one of them to move ahead with plans to manufacture batteries in Georgia, a person briefed on the matter said. President Joe Biden called it “a win for American workers and the American auto industry.” LG Energy Solution and SK Innovation reached the settlement, ending the need for Biden to intervene in the dispute, the person said Saturday.
‘She made a pact with God’: Why the Queen will not be abdicating. Though she is likely to find it difficult without Prince Philip, the Queen is unlikely to step down
TEHRAN, Iran — Iran on Sunday reported its highest single-day death toll from COVID-19 this year, bringing the country’s total deaths in the pandemic to nearly 64,500, state TV reported. The report said 258 new deaths were recorded in 24 hours. Iran’s deadliest day of the pandemic was in mid-November, when more than 480 deaths were tallied. Sunday's news report said health care officials also confirmed 21,063 new coronavirus cases since the day before, bringing Iran's total confirmed cases to more than 2,070,000. “We are expecting a heavy rise in hospitalizations in the next week,” Health Minister Saeed Namaki warned. He blamed the increase in cases on shopping, family gatherings and travel ahead of and during the Iranian New Year in late March. On Saturday, Iran began a 10-day lockdown in the capital, Tehran, and other major cities amid a fourth wave of coronavirus infections. Iran's vaccination campaign has been slow, with some 200,000 doses administered in the country of 84 million people, according to the World Health Organization. Last week, COVAX, an international collaboration to distribute vaccines equitably around the world, delivered its first shipment to Iran, 700,000 doses of the Oxford-AstraZeneca vaccine. ___ THE VIRUS OUTBREAK: — Ecuador, Peru head to polls under strict virus measures — COVID-19 produces division in the European Union — Thailand hits new daily record with nearly 1,000 virus cases — Follow AP’s pandemic coverage at https://apnews.com/hub/coronavirus-pandemic and https://apnews.com/hub/coronavirus-vaccine ___ HERE’S WHAT ELSE IS HAPPENING: BEIJING — In a rare admission of the weakness of Chinese coronavirus vaccines, the country’s top disease control official says their effectiveness is low and the government is considering mixing them to get a boost. Chinese vaccines “don’t have very high protection rates,” said the director of the China Centers for Disease Control, Gao Fu, at a conference Saturday in the southwestern city of Chengdu. Beijing has distributed hundreds of millions of doses abroad while trying to promote doubt about the effectiveness of the Pfizer-BioNTech vaccine made using the previously experimental messenger RNA, or mRNA, process. “It’s now under formal consideration whether we should use different vaccines from different technical lines for the immunization process,” Gao said. Officials at a news conference Sunday didn’t respond directly to questions about Gao’s comment or possible changes in official plans. But another CDC official said developers are working on mRNA-based vaccines. Experts say mixing vaccines, or sequential immunization, might boost effectiveness. Researchers in Britain are studying a possible combination of Pfizer-BioNTech and the traditional AstraZeneca vaccine. ___ PARIS — France’s health minister said Sunday that residents over age 55 will be granted access to COVID-19 vaccinations starting Monday, which is earlier than had been anticipated. Health Minister Olivier Veran said citizens in the over-55 age bracket will be eligible for for the AstraZeneca vaccine or the one-shot Johnson & Johnson vaccine that is expected to arrive in France a week ahead of schedule. Veran told the newspaper Le Journal de Dimanche that “many family caregivers are between 55 and 60, while others are in couples with older partners...They were worried about having to wait another month. Now, they can protect themselves.” The shortened timeline comes as France is trying to increase the pace of its vaccination program, which has been criticized as sluggish, and to gain ground on the spread of the more contagious virus variant first identified in Britain. At the same time, French officials have defended a policy of reserving the AstraZeneca vaccine for people over 55 with serious health problems. Unusual blot clots have been found in a small number of younger recipients of that vaccine. ___ SEOUL, South Korea — South Korea says it will resume administrating AstraZeneca’s coronavirus vaccine to all eligible people between the ages of 30 and 60. Last week, South Korea suspended the use of AstraZeneca vaccines for people under 60 while awaiting the outcome of the European Medicine Agency’s review. The Korea Disease Control and Prevention Agency said Sunday it will restart the use of AstraZeneca vaccine beginning Monday, citing studies showing that the vaccine’s benefits outweighs the risk of side effects. An agency statement said people under 30 will be excluded, as U.K. authorities have recommended they take alternative vaccines. It says it’s found three cases of blood clots from vaccinated people in South Korea — but none belong to the type of side effects determined by European authorities. Those who would get AstraZeneca vaccines from Monday include medical workers and people in long-term care facilities, those at special schools and welfare centres for disabled people and homeless people. ___ BEIJING — China has reported 10 new confirmed coronavirus cases and no deaths. All the new infections were believed have been acquired abroad, the National Health Commission announced Sunday. China’s death toll stood at 4,636 out of 90,410 confirmed cases. ___ ISLAMABAD— Pakistan has reported it's highest single-day death toll from COVID-19. The National Command and Control Center announced Sunday that 114 deaths from coronavirus had been confirmed, as well as more than 5,000 new cases. A weekend ban on inter-city transport has been extended until mid-April, as part of measures to control a surge in virus infections and deaths. The ban will not apply on freight, ambulance services and supplies of medical equipment. Pakistan, with a population of 220 million people, has vaccinated more than a million people using the Chinese Sinopharm vaccine since February. ___ COLOMBO, Sri Lanka — Sri Lankan health authorities have imposed tough restrictions ahead of this week's New Year festival in a bid to contain the spread of COVID-19. Health officials on Sunday banned musical shows and many other traditional games, including the tug-of-war, for the April 14 holiday. They've also ordered other gatherings not to exceed 100 people, and asked that gatherings for rituals be limited to immediate family members and close relatives. The country's New Year festival typically involves large-scale events, games, competitions and musical shows. The Associated Press
(Bloomberg) -- An Abu Dhabi sovereign wealth fund may join a group investing in Saudi Aramco’s oil pipelines, in a deal set to be backed by a loan of around $10.5 billion.Mubadala Investment Co., a fund with $232 billion of assets, is in talks with U.S. investor EIG Global Energy Partners LLC, the lead member of the consortium, according to a Mubadala spokesperson. A final agreement has yet to be reached, the spokesperson said.Aramco has helped put together the loan, which the group will use to fund the transaction, according to people familiar with the matter. BNP Paribas SA, Citigroup Inc., HSBC Holdings Plc and Mizuho Financial Group Inc are among the lenders, according to the people.HSBC declined to comment. None of the other three banks immediately responded to requests for comment on Sunday.Washington-based EIG and Aramco, the world’s largest oil company, announced the $12.4 billion deal late Friday. The investors will buy 49% of Aramco Oil Pipelines Co., a recently-formed entity with rights to 25 years of tariff payments for crude shipped through the Saudi Arabian firm’s network. Aramco will own the rest of the shares and retain full ownership of the pipelines themselves.The transaction is part of Saudi Arabia’s drive to open up more to foreign investment and use the money to diversify its economy, which was hammered last year by coronavirus lockdowns and the fall in oil prices.The disposal may also help Aramco reduce its debt and maintain its dividend, the biggest of any listed firm globally. The company -- 98% owned by the Saudi government -- paid out $75 billion to shareholders last year.The deal is structured similarly to one last year involving Abu Dhabi National Oil Co. In June, Adnoc raised $10.1 billion by selling leasing rights in its natural-gas pipelines to a group including Global Infrastructure Partners and Singapore’s sovereign wealth fund, GIC Pte.East-West PipelineHSBC advised EIG on the Aramco acquisition, one of the largest this year in the energy sector. Apollo Global Management Inc., Brookfield Asset Management Inc. and BlackRock Inc. were among the other investors that made or considered bids.Mubadala is the second-biggest wealth fund in the United Arab Emirates, of which Abu Dhabi is the capital.The transaction covers all of Aramco’s existing and future pipelines in the kingdom, according to EIG. The company’s vast network includes the East-West Pipeline, which can carry more than 5 million barrels of crude a day from Saudi Arabia’s main fields in the east to Yanbu on the Red Sea.EIG described it as a “lease and lease-back agreement.” Aramco will lease usage rights for its pipelines to the new subsidiary, which will then give Aramco the exclusive right to use the network for the 25-year period in exchange for a quarterly, volume-based tariff. Aramco will retain all operating and capital expense risk, EIG said.(Updates with details on lenders.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Apache Corporation To Contact Him Directly To Discuss Their Options New York, New York--(Newsfile Corp. - April 11, 2021) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Apache Corporation ("Apache" or the "Company") (NASDAQ: APA) and reminds investors of the April 26, 2021 deadline to seek the role of lead plaintiff in a ...
France said on Sunday it was too soon to say whether holidays abroad would be possible this summer as a third wave of coronavirus infections continues to spread through Europe. Tough COVID-19 restrictions are enforced in many European countries, hitting recovery prospects for the tourism industry's crucial peak season as governments are struggling to define a timeframe for the gradual reopening of national borders. "I cannot say to you when we will be able to resume travel within Europe," French Minister for European Affairs Clement Beaune told LCI television.
Dividend stocks can be a smart addition to your portfolio, as they provide long-term earning potential as well as a source of passive income. If you're looking for a less research-intensive approach, investing in a dividend ETF may be your best bet.
The Miami Heat will be without standout guard Victor Oladipo on Sunday night when they visit the Portland Trail Blazers. Oladipo, acquired from the Houston Rockets on March 25, was injured in Miami's 110-104 victory over the Los Angeles Lakers on Thursday night. Oladipo went up for a dunk but came down grabbing his right knee in the fourth quarter.
"Saturday Night Live" paid tribute to two deaths that touched the "SNL" family: one of the show's original writers, Anne Beatts, and rap legend DMX.
West Bengal CM Mamata Banerjee called the Cooch Behar incident a ‘genocide’ and demanded Amit Shah’s resignation.
DUBAI, United Arab Emirates — Iran's underground Natanz nuclear facility lost power Sunday just hours after starting up new advanced centrifuges capable of enriching uranium faster, the latest incident to strike the site amid negotiations over the tattered atomic accord with world powers. As Iranian officials investigated the outage, many Israeli media outlets offered the same assessment that a cyberattack darkened Natanz and damaged a facility that is home to sensitive centrifuges. While the reports offered no sourcing for the evaluation, Israeli media maintains a close relationship with the country's military and intelligence agencies. If Israel caused the blackout, it further heightens tensions between the two nations, already engaged in a shadow conflict across the wider Middle East. It also complicates efforts by the U.S., Israel's main security partner, to re-enter the atomic accord aimed at limiting Tehran's program so it couldn't pursue a nuclear weapon if it chose. As news of the blackout emerged, U.S. Defence Secretary Lloyd Austin landed in Israel on Sunday for talks with Netanyahu and Israeli Defence Minister Benny Gantz. Power at Natanz had been cut across the facility, comprised of above-ground workshops and underground enrichment halls, civilian nuclear program spokesman Behrouz Kamalvandi told Iranian state television. "We still do not know the reason for this electricity outage and have to look into it further," Kamalvandi said. “Fortunately, there was no casualty or damage and there is no particular contamination or problem.” Asked by the state TV correspondent if it was a “technical defect or sabotage,” Kamalvandi declined to comment. Malek Shariati Niasar, a Tehran-based lawmaker who serves as spokesman for the Iranian parliament's energy committee, wrote on Twitter that the incident was “very suspicious,” raising concerns about possible “sabotage and infiltration.” He said lawmakers were pursuing details of the incident as well. The Vienna-based International Atomic Energy Agency, which monitors Iran’s program, said it was “aware of the media reports,” but declined to comment. Natanz was built largely underground to withstand enemy airstrikes. It became a flashpoint for Western fears about Iran’s nuclear program in 2002, when satellite photos showed Iran building its underground centrifuges facility at the site, some 200 kilometres (125 miles) south of the capital, Tehran. Natanz suffered a mysterious explosion at its advanced centrifuge assembly plant in July that authorities later described as sabotage. Iran now is rebuilding that facility deep inside a nearby mountain. Israel, Iran's regional archenemy, has been suspected of carrying out that attack as well as launching other assaults, as world powers now negotiate with Tehran in Vienna over its nuclear deal. Iran also blamed Israel for the killing of a scientist who began the country’s military nuclear program decades earlier. The Stuxnet computer virus, discovered in 2010 and widely believed to be a joint U.S.-Israeli creation, once disrupted and destroyed Iranian centrifuges at Natanz. “It’s hard for me to believe it’s a coincidence,” said Yoel Guzansky, a senior fellow at Tel Aviv's Institute for National Security Studies, of Sunday's blackout. “If it’s not a coincidence, and that’s a big if, someone is trying to send a message that ‘we can limit Iran’s advance and we have red lines.’” Israel has not claimed any of the attacks, though Prime Minister Benjamin Netanyahu repeatedly has described Iran as the major threat faced by his country in recent weeks. Meeting with Austin on Sunday, Gantz said Israel viewed America as an ally against all threats, including Iran. “The Tehran of today poses a strategic threat to international security, to the entire Middle East and to the state of Israel,” Gantz said. “And we will work closely with our American allies to ensure that any new agreement with Iran will secure the vital interests of the world, of the United States, prevent a dangerous arms race in our region, and protect the state of Israel.” The Israeli army's chief of staff, Lt. Gen. Aviv Kochavi, also appeared to reference Iran. The Israeli military’s “operations in the Middle East are not hidden from the eyes of the enemy," Kochavi said. "They are watching us, seeing (our) abilities and weighing their steps with caution.” Multiple Israeli media outlets reported Sunday that a cyberattack caused the blackout in Natanz. Public broadcaster Kan said Israel was likely behind the attack, citing Israel’s alleged responsibility for the Stuxnet attacks a decade ago. Channel 12 TV cited “experts” as estimating the attack shut down entire sections of the facility. None of the reports included sources or explanations on how the outlets came to that assessment. In Tehran, Iranian officials meanwhile welcomed arriving South Korean Prime Minister Chung Sye-kyun, the first visit by a premier from Seoul since before the 1979 Islamic Revolution. Iran on Friday released a South Korean oil tanker held since January amid a dispute with Seoul over billions of dollars of its assets frozen there due to sanctions. On Saturday, Iran announced it had launched a chain of 164 IR-6 centrifuges at the plant. Officials also began testing the IR-9 centrifuge, which they say will enrich uranium 50 times faster than Iran's first-generation centrifuges, the IR-1. The nuclear deal limited Iran to using only IR-1s for enrichment. Since then-President Donald Trump's withdrawal from the Iran nuclear deal in 2018, Tehran has abandoned all the limits of its uranium stockpile. It now enriches up to 20% purity, a technical step away from weapons-grade levels of 90%. Iran maintains its atomic program is for peaceful purposes. On Tuesday, an Iranian cargo ship said to serve as a floating base for Iran’s paramilitary Revolutionary Guard forces off the coast of Yemen was struck by an explosion, likely from a limpet mine. Iran has blamed Israel for the blast. That attack escalated a long-running shadow war in Mideast waterways targeting shipping in the region. ___ Ben Zion reported from Jerusalem. Associated Press writers Nasser Karimi in Tehran, Iran, and Josef Federman in Jerusalem contributed to this report. Jon Gambrell And Ilan Ben Zion, The Associated Press
The snack food and beverage giant will give investors a fresh look at its demand trends on April 15.
WASHINGTON — For more than a half-century, the voice emerging from the U.S. Chamber of Commerce’s monolithic, Beaux Arts-styled building near the White House was predictable: It was the embodiment of American business and, more specifically, a shared set of interests with the Republican Party. The party's bond with corporate America, however, is fraying. Fissures have burst open over the GOP’s embrace of conspiracy theories and climate change denialism, as well as its rejection of the 2020 election outcome. The most recent flashpoint was in Georgia, where a new Republican-backed law restricting voting rights drew harsh criticism from Delta Air Lines and Coca Cola, whose headquarters are in the state, and resulted in Major League Baseball pulling the 2021 All-Star Game from Atlanta. Republicans were furious. Senate Minority Leader Mitch McConnell of Kentucky warned that their actions were “quite stupid,” alienating "a lot of Republican fans.” GOP strategists argued that they no longer needed corporate America’s money to win elections as they try to rebrand as a party of blue-collar workers. That extends an opportunity to President Joe Biden and congressional Democrats to find an ally in an unlikely place when the party has unified control of the federal government for the first time in a decade. Biden is pushing an ambitious $2.3 trillion infrastructure package that includes corporate tax increases — which the White House is characterizing to CEOs as upfront investments that will ultimately make companies more profitable. “It's important for making the country more competitive," said Cedric Richmond, the White House's director of public engagement. "We think the plan is so important to the country that we are advocating and singing its praises to all businesses.” Commerce Secretary Gina Raimondo estimates she has talked to more than 50 business leaders about the plan, including a round of Easter weekend phone calls. She is encouraging companies to focus on the entire package instead of the tax increases. “You can’t look at one piece of it and say that one number makes you walk away,” she said. “They say, ‘That’s fair. Let me think about it.’ That’s how they run their businesses.” Whether the corporate split with the GOP widens could help answer questions about the political direction of the country and the extent to which business can continue to influence Washington. “Nobody in the business community wants hostile communities, angry finger-pointing workforces and turbulent shareholder bases,” said Jeffrey A. Sonnenfeld, a senior associate dean at the Yale School of Management. “It makes your job so much harder to have every constituency group at war within themselves, which has become the hallmark of the GOP.” Corporate America's marriage with Republicans has long been one of convenience, united by a belief in low taxes and the need to repeal regulations. But the relationship, already strained during Donald Trump’s presidency, has come under increasing pressure as companies take cultural stands. That Republicans and businesses report to increasingly distinct constituencies helps explain the tension. A solid majority of Republican voters are white (86%) and older than 50 (62%), according to APVoteCast, a national survey of the 2020 electorate. Yet figures from the Bureau of Labor Statistics show that workers are more racially diverse and younger than the Republican base. James Bailey, a management professor at George Washington University, published an analysis last year that suggested people who identified as Democrats cared more about a company’s political activity than Republicans do. Of business people, he said the uproar over the Georgia voting law “is a great opportunity for them to get on board with the young socially active consumer and to do so without much cost.” Just as important, Democratic counties have become the primary engines for growth. The counties that backed Biden last year account for 71% of all U.S. economic activity, according to the Brookings Institution. Democrats say business are comfortable partnering with them to address longstanding issues such as infrastructure after a decade of congressional gridlock, even though companies dislike the possibility of footing the bill. ”Responsible corporate leaders want economic growth and predictable, competent policy— that’s what Democrats are offering.” said Rep. Sean Patrick Maloney of New York, who is running the House Democrats' campaign arm for the 2022 midterm elections. Many Republicans are exasperated by business's efforts to woo consumers through liberal social politics. “They are never going to satisfy the demands of the left," said Steven Law, a former attorney for the Chamber who now runs Senate Leadership Fund, a big-spending outside group aligned with McConnell. Meantime “they risk alienating their natural allies in the Republican Party.” Still, Republicans have been a major driver of the rift, looking to capitalize on the culture clash to turn out the party base in the next election. Early indicators suggest business could face blowback. Georgia’s Republican-controlled House voted to strip Delta of a tax break worth tens of millions of dollars annually for its criticism of the new restrictive law, which voting rights groups have excoriated as an attack on democracy. The intended punishment was rendered moot after the GOP Senate failed to take it up before the legislative session adjourned. Campaign finance disclosures suggest corporate America’s money doesn't buy as much influence as it once did. Roughly a decade ago, donations from company-sponsored political action committees accounted for an important share of the fundraising pie. But it’s stagnated as a source of campaign cash, as court rulings enabled wealthy GOP activists to pour money into the political system. Just 10 GOP megadonors account for half of the giving to major super political action committees controlled by Republican congressional leaders since 2012, collectively pouring $541 million into the committees, according to an analysis by The Associated Press of donors who gave over $1,000. The megadonors also contributed twice as much as conventional PACs and other groups that represent a broad swath of corporate interests. Political spending by the Chamber has also dropped precipitously. After spending $29 million in 2016, mostly supporting Republicans and attacking Democrats, the group's contributions dropped to $10.9 million in 2018, according to data from nonpartisan Center for Responsive Politics. In 2020, the group endorsed 23 Democrats, which Republicans saw as a betrayal. That’s diminished the group’s once unassailable standing with GOP congressional leaders. “There is absolutely no love lost for corporations, especially when they consistently weigh in on things they don’t understand,” said Josh Holmes, a political adviser to McConnell. “There’s no sympathy." Common ground still exists between Republicans and business on the value of tax cuts. The Chamber and the Business Roundtable oppose raising the corporate rate to 28% from the 21% level set in 2017, as well as an enhanced global minimum tax. Yet both groups want government spending on infrastructure. Neil Bradley, the Chamber's chief policy officer, said the broader business community isn't fully aligned with either party. But the hyperpartisan nature of today’s politics is creating pressure to choose one side. “It really causes people to want to sort everything into a red camp or a blue camp,” he said. “Businesses aren’t partisan. They aren’t Republicans or Democrats. They have to operate and function in divided governments, operate in states that are solid blue and solid red.” Republicans caution, however, that business faces considerable risk weighing in on hot-button disputes. “They ought to tread carefully because they risk getting into the middle of a culture war that will earn them no friends and a lot of enemies,” said Law, the McConnell ally. Brian Slodysko And Josh Boak, The Associated Press
The Archbishop of Canterbury addressed a socially distanced congregation at a remembrance service that was also streamed live online.
Bitcoin (CRYPTO: BTC) is by far the largest cryptocurrency, with a market cap of about $1 trillion. In this Fool Live video clip, recorded on March 18, Aaron Bush, head of The Motley Fool's Extreme Opportunities franchise, asks Dan Morehead, CEO of Pantera Capital, just how big the Bitcoin opportunity is. Aaron Bush: What is your view on Bitcoin today and what do you think the opportunity is from here?
A lobbying controversy has dogged the Conservative former prime minister in recent weeks.
Even if international travel turns out to be possible this summer, many of us have been firmly bitten by the staycation bug. After all, destinations in the UK aren't just quick and convenient to get to; they also make travelling sustainably a little easier. With this in mind, it's interesting to check out Airbnb's list of the top trending staycation destinations for 2021. These aren't necessarily the most popular destinations overall, but the ones that are seeing the biggest increase in search traffic. Basically, if these holiday spots aren't big yet, they definitely will be.Amanda Cupples, general manager for Northern Europe at Airbnb, said of the list: "Our trending destinations show that travel this year is likely to be a little different, with many using a summer closer to home to explore lesser-known rural destinations in addition to the well-loved favourites."Check out the top 10, including pretty coastal spots in Devon, Cornwall and North Yorkshire, in this slideshow.St Clears, PembrokeshireThis small town on the River Tâf is something of a hidden gem in South Wales.Forest of Dean, GloucestershireThis ancient forest offers 42 square miles of peaceful woodland to explore. Popular villages located around the forest include Brockhampton, Alvington and Lydbrook.Clovelly, DevonWith its cute cobbled high street, traditional buildings and stunning views of the Bristol Channel, it's easy to see why this Devon town is a staycation favourite.Bosham, West SussexThis coastal village on England's south coast has its own, very charming harbour.Primrose Valley, Filey, North YorkshireHome to one of the UK's best-rated beaches, this is definitely a destination on the rise.Mullion, CornwallThis picturesque Cornish fishing village has its own uninhabited island which is home to large colonies of seabirds. Cawsand, CornwallLocated on the Rame Peninsula, which is often called "the forgotten corner of Cornwall", this village remains a bit of an undiscovered gem... for now.Noss Mayo, DevonLocated just six miles from Plymouth (and its handy train station), this tiny village is considered one of Devon's prettiest. Saunton, Devon This Devon village is known for its sizeable beach, Saunton Sands, which is where Robbie Williams shot his iconic "Angels" video.East Wittering, West SussexLocated just 60 miles from London, this West Sussex village is especially popular with the surfing community. Like what you see? How about some more R29 goodness, right here?
A senior scientist advising the Government warned that the remaining rules must be abided by to minimise the effects of a future ‘rebound’ in cases.
The World Health Organisation said virtual gatherings and limited physical attendance should be considered for hosting sohoor or sehri (the pre-dawn meal) and iftar (meal taken to break the fast).
Seven Indian companies are producing Injection Remdesivir under voluntary licensing agreement with M/s. Gilead Sciences, USA. They have an installed capacity of about 38.80 lakh units per month. In light of the above, Government of India has prohibited the exports of Injection Remdesivir and Remdesivir Active Pharmaceutical Ingredients (API) till the situation improves.