Rockford RoadDog

06/04/2026

Thoughtful Thursday

06/04/2026

This Day in History | 1989 | Chinese crackdown on protests leads to Tiananmen Square Massacre

*Chinese troops storm through Tiananmen Square in the center of Beijing, killing and arresting thousands of pro-democracy protesters. The brutal Chinese government assault on the protesters shocked the West and brought denunciations and sanctions from the United States.

In May 1989, nearly a million Chinese, mostly young students, crowded into central Beijing to protest for greater democracy and call for the resignations of Chinese Communist Party leaders deemed too repressive. For nearly three weeks, the protesters kept up daily vigils, and marched and chanted. Western reporters captured much of the drama for television and newspaper audiences in the United States and Europe.

Chinese troops storm through Tiananmen Square in the center of Beijing, killing and arresting thousands of pro-democr...

06/04/2026

Pakistan has issued a new tender for LNG, to the amount of 1 million tons, The Nation reported today, citing the seasonal increase in electricity demand as summer heat sets in.

This is the fourth LNG tender for the spot market over the last two months as the country grapples with the fallout from the war in the Middle East. Not all of these tenders have resulted in delivery contracts as in some cases even the lowest bids were deemed too expensive for Pakistan LNG Limited, the state-owned operator.

Pakistan has relied on Qatar’s term LNG supply for years, but the war in the Middle East has led to the shutdown of Qatari LNG production and exports. This put Pakistan in quite a pickle because Qatari LNG was affordable for the cash-strapped state. With that gone, Pakistan’s government was forced to look to the spot market for replacement supply.

Spot LNG prices in Asia have surged since the war in Iran trapped all Middle Eastern LNG supply from Qatar and the UAE behind the Strait of Hormuz. Still, Pakistan moved to tap the spot market for the first time in nearly three years as the lack of fixed-term Qatari supply has triggered a power crisis and widespread outages.

In mid-May, the government managed to negotiate with Iran the safe passage of two Qatari LNG carriers that delivered the much-needed fuel under an existing long-term contract. One of these became the first LNG carrier to pass through the Strait of Hormuz since Iran closed it on March 1, following the U.S. and Israeli missile strikes that began the previous day.

While Pakistan has been able to secure vital energy imports, the price surge in both oil and gas has not spared its economy from pain. The country’s inflation soared by 11.7% in May, the latest figures from the state statistics agency showed earlier this month. Core inflation also rose significantly, by 9% on the year and 8% on April.

By Irina Slav for Oilprice.com

Pakistan has launched another major LNG tender as it struggles to secure fuel supplies and meet soaring summer electricity demand amid disruptions to its traditional gas imports.

06/04/2026

Climate change is driving more frequent and severe extreme weather events, prompting analysts to forecast over $20 trillion in global spending on climate adaptation, resilience, and infrastructure over the next decade.

A major share of investment will go toward modernizing power grids through automation, microgrids, AI-driven demand management, grid hardening, and renewable energy integration.

Other growth areas include climate-focused reinsurance, flood protection infrastructure, disaster-response technologies, and climate-resilient agriculture.

A major share of investment will go toward modernizing power grids through automation, microgrids, AI-driven demand management, grid hardening, and renewable energy integration.

06/04/2026

06/04/2026

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06/03/2026

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06/03/2026

Tech titan arrested at $35m mansion over selling US equipment to Iran’s military and nuclear programs

* A California tech boss accused of arming Iran’s nuclear and military machine has been dragged from his $35 million ocean-view mansion in handcuffs.

Jamshid Ghomi, 63, a dual Iranian-US national, sold sophisticated American networking, security and encryption gear to the regime for more than a decade, prosecutors allege.

He is charged with conspiracy to violate the International Emergency Economic Powers Act, with the equipment flowing to the Atomic Energy Organization of Iran and the regime’s Ministry of Defense, the Department of Justice announced Wednesday.

He and his co-conspirators referred to Iran as ‘Motherland’ in their private messages.

Ghomi made more than 400 purchases on his eBay and PayPal accounts from 2011 to 2015, which were routed through intermediaries in the United Arab Emirates.

A California tech boss has been arrested over supplying US networking, security, and encryption gear to Iran.