My No. 1 Oil Play for 2024

Do you own oil and gas stocks? Or are you thinking about buying some? If so, you need to see my #1 oil play for 2024. But it's NOT oil stocks, futures, or anything you've likely heard about. Rather, it's an unusual way to potentially bank monthly income from the oil and gas markets.

On the first day without X, many Brazilians say they feel disconnected from the world

GABRIELA SÁ PESSOA
August 31, 2024

SAO PAULO (AP) -- The blocking of social media platform X in Brazil divided users and politicians over the legitimacy of the ban, and many Brazilians on Saturday had difficulty and doubts over navigating other social media in its absence.

The shutdown of Elon Musk's platform started early Saturday, making it largely inaccessible on both the web and through mobile apps after the billionaire refused to name a legal representative to the country, missing a deadline imposed by Supreme Court Justice Alexandre de Moraes. The blockade marks an escalation in a monthslong feud between Musk and de Moraes over free speech, far-right accounts and misinformation.

Brazil is one of the biggest markets for X, with tens of millions of users.

"I've got the feeling that I have no idea what's happening in the world right now. Bizarre," entertainment writer and heavy X user Chico Barney wrote on Threads. Threads is a text-based app developed by Instagram that Barney was using as an alternative. "This Threads algorithm is like an all-you-can-eat restaurant where the waiter keeps serving things I would never order."

Bluesky, a social media platform that was launched last year as an alternative to X and other more established sites, has seen a large influx of Brazilians in the past couple of days. The company said Friday it has seen about 200,000 new users from Brazil sign up during that time, and the number "continues to grow by the minute." Brazilian users are also setting records for activities such as follows and likes, Bluesky said.

Previous users of other platforms welcomed Brazilians to their ranks. "Hello literally everyone in Brazil," a user wrote on Threads. "We're a lot nicer than Twitter here," said another.

Platform migration isn't new for Brazilians. They were huge adopters of Orkut and, when Orkut went kaput, they very gladly moved to other platforms.

X is not as popular in Brazil as Facebook, Instagram, YouTube or TikTok. However, it remains an important platform on which Brazilians engage in political debates and is highly influential among politicians, journalists and other opinion makers.

It's also where they share their sense of humor. Many of the country's most famous memes originate from posts on X before spreading to other social networks. Last week, for instance, Brazilians collaboratively crafted an absurd storyline for a fictional telenovela, complete with a theme song created using artificial intelligence tools.

Pop stars and their fanbases were also hit by Brazilians being left off the platform.

"Wait a lot of my fan pages are Brazilian!!! Come back hold up!!," Cardi B said Friday on X. A fan page dedicated to Timothée Chalamet, known by the handle TimotheeUpdates, said it would temporarily cease updating as all of its administrators are Brazilian.

De Moraes said X will stay suspended until it complies with his orders, and he also set a daily fine of 50,000 reais ($8,900) for people or companies using virtual private networks, or VPNs, to access it. Some legal experts questioned the grounds for that decision and how it would be enforced. Others suggested the move was authoritarian.

The Brazilian Bar Association said Friday in a statement that it would request the Supreme Court review the fines imposed on all citizens using VPNs or other means to access X without due process. Brazil's bar association argued that sanctions should never be imposed summarily before ensuring an adversarial process and the right to full defense.

"I've used VPNs a lot in authoritarian countries like China to continue accessing news sites and social networks," Maurício Santoro, a political science professor at the State University of Rio de Janeiro, said on the platform before its shutdown. "It never occurred to me that this type of tool would be banned in Brazil. It's dystopian."

A search Friday on X showed hundreds of Brazilian users inquiring about VPNs that could potentially enable them to continue using the platform by making it appear they are logging on from outside the country.

"Tyrants want to turn Brazil into another commie dictatorship but we won't back down. I repeat: do not vote on those who don't respect free speech. Orwell was right," right-wing congressman Nikolas Ferreira, one of former President Jair Bolsonaro's closest allies, published before X went off. Musk replied with an emoji suggesting agreement: "100".

Ferreira is a 28-year-old YouTuber who received the most votes of the 513 elected federal lawmakers in the 2022 election. De Moraes ordered the block of his social media accounts after a mob of Bolsonaro supporters attacked Brazil's Congress, presidential palace and Supreme Court in January 2023 seeking to overturn the election.

Lawmaker Bia Kicis said "the consequences of Alexandre de Moraes' attacks to Elon Musk, X and Starlink will be regrettable for Brazilians." She also urged Rodrigo Pacheco, the president of the country's Senate, to act. Kicis has repeatedly urged Pacheco to open impeachment proceedings against the Supreme Court justice.

"We need to leave this state of apathy and stop the worst from happening," the pro-Bolsonaro lawmaker, whose profiles were temporarily blocked by de Moraes in 2022, also said.

The former president said Saturday on Instagram that X's departure from Brazil was "another blow to our freedom and legal security."

"It not only affects our freedom of expression, but also undermines the confidence of international companies in operating on Brazilian soil, with impacts ranging from national security to the quality of the information that reaches our citizens," Bolsonaro said.

On Friday, President Luiz Inácio Lula da Silva backed de Moraes' decision and took aim at Musk for positioning himself as though he was above the law during an interview with Radio MaisPB.

"Any citizen, from anywhere in the world, who has investments in Brazil, is subject to the Brazilian Constitution and Brazilian laws. Therefore, if the Supreme Court has made a decision for citizens to comply with certain things, they either have to comply or take another course of action," Lula said. "It's not because the guy has a lot of money that he can disrespect it."

Ana Júlia Alves de Oliveira, an 18-year-old student, shared that many young people like her no longer watch newscasts or read newspapers, relying solely on social media platforms like X for their news. Without this platform, she felt disconnected.

"I kind of lost touch with what's going on around the world," she said. "I saw a lot of entertainment there too, so this is a new reality for me."

___

Ortutay reported from San Francisco and Biller from Rio de Janeiro. Associated Press writers Mauricio Savarese and Felipe Campos Mello contributed from Sao Paulo.

Continue Reading...

Popular

4 Steps to Survive the Coming Market Crash - Ad

There are massive cracks forming right below the surface of our "shining city." These cracks are a symptom of a much bigger problem that threatens the very foundation of our country. Things are starting to unravel at a fast pace, as America sees worst economic hell our country has ever been in.

Harris, Trump Films To Hit Theaters Weeks Before 2024 Election: One Candidate Tried To Block Movie From Release

Movies about Kamala Harris and Donald Trump hit theaters in October. Find out the differences between the movie and why one candidate wants a ban.

Exposed: Democrats' Secret Plan to Keep Trump Out of the White House - Ad

Former advisor to the CIA, the Pentagon and the White House Jim Rickards just released this shocking new video exposing Democrats' secret plan to keep Trump out of the White House... Even if he wins the election. See the details and learn how to prepare... Because this could trigger the biggest constitutional crisis in our nation's history.

FBI disrupts Chinese cyber operation targeting critical infrastructure in the US

WASHINGTON (AP) — The FBI has disrupted a group of Chinese hackers who were working at the direction of the Chinese government to infiltrate critical infrastructure in the U.S. and other countries and to spy on and steal data from universities, government agencies and others, Director Chris Wray said Wednesday.

Goldman Sachs Sees Gold Higher, Takes A Downbeat Stance On Iron Ore

Goldman Sachs bullish on gold, citing central bank demand and expected Fed rate cut. Price target of $2,700/oz by 2025. Iron ore forecast downgraded.

A New Drug Set to Outgrow Zoloft and Metformin--Invest Now - Ad

A new breakthrough drug is predicted to hit 250 million subscriptions in the next SIX YEARS, according to Morgan Stanley. Even better, a tiny company - trading for only $7 - holds key patents on this new drug. But it won't stay under the radar for much longer.

NBA Legend Shaq Shows Off His New Widebody Carbon Fiber Tesla Cybertruck: Elon Musk Has A One Word Reaction

NBA legend Shaquille O'Neal, also known as Shaq, showed off his new Tesla Cybertruck featuring a widebody carbon fiber design, which is the first of its kind in the world.

DHL sues MyPillow, alleging company founded by Mike Lindell owes $800,000

MINNEAPOLIS (AP) — Package is suing MyPillow, alleging the company synonymous with its founder, chief pitchman and election denier Mike Lindell owes nearly $800,000 for unpaid bills.

What If Kamala Wins? The 3 Words That Will Change Everything - Ad

The same team that predicted Biden's downfall ... now warns of a new threat. Learn how to safeguard your future.

Americans Split On Election Result Acceptance Between Harris And Trump, Here Is The Candidate They Think More Likely To Accept Voters' Verdict

A survey conducted by ABC News/Ipsos has shed light on the American public's confidence in the acceptance of the upcoming November presidential election results by Vice President Kamala Harris and former President Donald Trump.

What's Going On With Hawaiian Electric Shares On Thursday?

Hawaiian Electric Industries is issuing shares worth $250M through agents like Wells Fargo and Barclays.

Could You Retire on a Single AI Stock (Trading for Only $15)? - Ad

Imagine what the perfect AI stock would look like...forefront of AI trend...virtual monopoly in its market... exempt from federal taxes. As you're about to see, this perfect AI stock does exist, and is currently trading for only $15. With just one investment, you could potentially set yourself up for massive financial gains.

Elon Musk has often inflamed politically tense moments, raising worries for the US election

NEW YORK (AP) — Hours after an on Donald Trump's life over the weekend, took to his social platform X to post a thinking emoji and a comment that “no one is even trying to assassinate” the Democratic president and vice president.

Utility ordered to pay $100 million for its role in Ohio bribery scheme

An energy company at the center of a $60 million bribery scheme in Ohio has been ordered by the U.S. Securities and Exchange Commission to pay a $100 million civil penalty for misleading investors about its role in the scandal.

Forget AI, Imperium Is Expected to Grow 320,000% In 3 Years - Ad

Three of the world's biggest AI companies -- Google, Nvidia and Intel -- have even partnered with my No. 1 Imperium company to get on this massive mega trend. The average investor hasn't caught on yet, but you can still invest in my No. 1 Imperium company for just $10 a share.

Mark Zuckerberg Says He Is Done Apologizing, Reveals One Of The Biggest Mistakes Of His Career

Meta CEO Mark Zuckerberg says he has grown tired of taking on too much ownership of problems beyond his or his company's control.

September 23 - The Biggest Crypto Event in History - Ad

According to the man who called every major market top and bottom for the last 29 years... A single event triggering on September 23rd will send the crypto market soaring. But what's more exciting... is that this event could send a small sector of the crypto market soaring 5X, 25X, and even 100X higher in just days.

Treasury recovers $1.3 billion in unpaid taxes from high wealth tax dodgers

WASHINGTON (AP) — The IRS has collected $1.3 billion from since last fall, the agency announced Friday, crediting spending that has ramped up collection enforcement through President Joe Biden's signature signed into law in 2022.

Seven Unknown AI Stocks That Could Dominate the Next Six Years - Ad

The original "Magnificent Seven" stocks generated 16,800% over the last 20 years. But now a new set of AI stocks is set to take over. Alex Green dubs them "The Next Magnificent Seven." And he's arguing that just $1,000 in each could turn into more than $1 million in less than six years.

Flames from massive pipeline fire near Houston subside but continue burning

DEER PARK, Texas (AP) — A flame that towered over a southeast Houston suburb had subsided Tuesday, but continued to burn following after a vehicle drove through a fence and struck an above-ground valve, officials said.

Red-Hot AI Stock "Disappearing" Soon? (Get In Now) - Ad

Right now, there's an AI stock on the verge of being snapped up by a giant company... And when it does, its price could go flying. The potential gains could be astronomical. You want to get in before that happens... Otherwise the opportunity could pass you by. Your window to buy in is right now...

Gavin Newsom Signs Laws Aimed At Curbing Deepfakes Around Elections: 'Critical That We ensure AI Is Not Deployed To Undermine The Public's Trust'

California Governor Gavin Newsom has signed three bills to restrict the use of artificial intelligence in creating misleading political ads, making it illegal to distribute deepfakes related to elections around Election Day and requiring social media platforms to remove deceptive material.

Volkswagen Recalls Every ID.4 SUV in U.S. for Door Malfunction Concerns

German automaker Volkswagen is recalling 98,806 of its ID.4 electric SUVs in the U.S. citing concerns about the door handles opening unexpectedly, the U.S. National Highway Traffic Safety Administration said on Tuesday.

America's Slow Decline into Hell - Ad

As Kamala Harris rises to power, her 3-word agenda threatens every American's freedom and financial security. Get the inside scoop and

Giving away a fortune: What could Warren Buffett's adult children support?

OMAHA, Neb. (AP) — Warren Buffett's adult children — Susie, Howard and Peter Buffett — have long track records as philanthropists, giving away more than $15 billion of their dad's money through their foundations since 2006.

A 10,000% Dividend?!? - Ad

Have you seen this strange oil investment? It's NOT a stock, bond, or private company...It has NO age requirements...You do NOT need to be accredited to participate... And you can get in for as little as $25.

US widens indictment of Russians in 'WhisperGate' conspiracy to destroy Ukrainian and NATO systems

BALTIMORE (AP) — The U.S. Justice Department has widened its indictment of Russians in the so-called ‘WhisperGate’ malware attack aimed at destroying computer systems in Ukraine and 26 NATO allies including the United States.

California governor signs laws to crack down on election deepfakes created by AI

SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom signed three bills Tuesday to crack down on the use of artificial intelligence to create ahead of the 2024 election.

New "Living Missile" to Replace Nuclear Missiles - Ad

CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!

Stellantis Fires Back At US Dealer Council's Allegation Of 'Short-Term Decision-Making:' Carmaker Says 'Public Personal Attacks' Not The Way To Solve Problems

Carmaker Stellantis NV said on Wednesday that it takes "absolute exception" to the open letter sent by the President of U.S. Stellantis National Dealer Council (NDC) Kevin Farrish to company CEO Carlos Tavares, terming it a "public personal attack."

Oil = Monthly Income - Ad

Right now, there's an unusual $25 way to collect MONTHLY income from the oil markets. It's not a stock, bond, or anything you've likely heard about... But it's by far my #1 investment opportunity for 2024.

Trump courts conservative male influencers to try to reach younger men

WASHINGTON (AP) — At first glance, there's little that a 78-year-old former president and a 23-year-old internet personality might have in common.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright markethundred.com
Privacy Policy | Terms of Service