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ðŸšĻ Got diesel? – November 10 2022



Happy Thursday.

Today is International Accounting Day so we use it to remind you that now is a good time to run your 2022 tax projections! Because math is fun, but taxes aren’t. 

credit: giphy

In Case You Missed It. 

🌀 Hurricane Nicole weakened to a tropical storm after making landfall this morning.

🏛ïļ The balance of power in the U.S. Senate is still undetermined and maybe until a runoff race is held in Georgia in December. 

ðŸ‘ĻðŸŧ‍ðŸĶē MSNBC just floated the idea of John Fetterman running for President of The United States.  

ðŸ‡ĻðŸ‡ģ President Biden will meet with Chinese President Xi on an upcoming trip to Asia to discuss avoiding conflict.

🏰 Disney streaming services now have more members than Netflix.

🇷🇚 President Biden says that Russian forces are pulling out of Fallujah. He meant Kherson. 














*Stock data as of market close, cryptocurrency data as of 5:00pm AM. 


The Lead: Russia Evacuates Key City of Kherson

credit: wsj

Russia has pulled back troops in Kherson to minimize losses. Now Ukraine will retake territory on one side of the Dnieper River and Russian troops will command the other. 

Russia has been evacuating this area for weeks as Ukrainian attacks have persisted. They worry that strikes on the Kakhovka hydroelectric dam located near Kherson pose a serious risk to both the military and civilians. 

A Russian general says that Ukrainian losses are over 12,000 soldiers in October alone and Russian losses are “seven to eight times lower.” 

The river could provide an opportunity for peace talks if Ukrainian leaders would agree to it. Peace talks now! 

Europe Faces Diesel Shortage

credit: bloomberg

Europe is bracing for a diesel shortage, much like the one in the U.S. Diesel inventories are at a 12-year low in the E.U. 

Experts say that supplies will be replenished in December and January but that leaves a tricky few months in between. And Bloomberg reports the worst diesel shortage will hit in the Spring. The E.U. has backed itself into a corner by putting sanctions against imports of Russian products that could replenish the shortage. This will put a crunch on supplies of all kinds and contribute to increased costs of living. Maybe that’s why retailers in the UK say that they are not expecting a very festive holiday season. 

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The Great Plastic Recycling Scam

credit: jason south

Plastics are not recycled in Western countries like we are told that they are. In Australia, The Sydney Morning Herald followed plastic programs to dismal results. 

Many of the plastic bag recycling programs collected consumer plastics and then stored them in warehouses for indeterminate amounts of time. When they were asked about it, they said that they would suspend collection programs due to “untenable pressure” on their business models. 

Many studies in the U.S. and the U.K. have shown the same thing. Plastic is not recycled. It ends up in poorer countries as litter. This has been the case since China stopped accepting plastic imports from other countries in 2017.

Climate expert Michael Shellenberger says that the best place for your plastic trash is in the trash can, not recycle bins. Landfill and incinerators can handle plastic. So-called recycling programs cannot. 

Glass, aluminum, and paper are recycled, but plastic is not. It is a hard habit to break! We have begun putting plastic in the trash in the trash can and it feels strange and it fills up the trash can faster but the data is clear so we’re breaking the habit! 

Are You on Twitter?

credit: cnet

Twitter rolled out a gray check mark option for verified accounts and then killed the feature within a few hours. 

Elon Musk confirmed that he killed the feature and later said that Twitter would be making some "dumb" mistakes in the coming weeks and that they will “keep what works & change what doesn’t.” 

Of course, people are freaking out about what this all means but Twitter has been making huge mistakes for years and users are still there and watching. 

If you're on Twitter come follow @ClaytonMorris and @NataliMorris we'd love to say hello. 

News By The Numbers

13%. That is how much Facebook staff will be laid off in this first round of layoffs. That is more than 11,000 people. 

90%. That is how much Covid deaths have dropped since February, according to the World Health Organization. 

$1.5 billion. That is how much the art collection once owned by Microsoft co-founder Paul Allen sold for at a Christie’s auction. That is a record sale for any single collection. 

What's Trending?

giphy.gifcredit: instagram

Nick Cannon is trending because he is expecting his 12th child. 

CMA Awards is trending because the Country Music Awards took place last night. 

Jennifer Aniston is trending because the actress admitted she struggled with infertility in her 30s and 40s. She said she "threw everything she could at it." So all of those tabloids that predicted her pregnancies for all of these years owe her an apology!

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This newsletter is written and researched by Natali Morris.
Please feel free to reach Natali at [email protected]
for any editorial feedback.