WASHINGTON (AP) — President Joe Biden will host the ruling emir of Qatar at the White House on Monday, a visit that comes as U.S. and European allies are scrambling to put together contingency plans to meet Europe’s energy needs should supplies be impacted by Russia further invading Ukraine.
White House press secretary Jen Psaki said Biden and Sheikh Tamim bin Hamad Al Thani planned to discuss Middle East security, ensuring the stability of global energy supplies and the situation in Afghanistan, where humanitarian conditions have deteriorated in the aftermath of the U.S. military withdrawal and Taliban takeover last year.
Qatar is one of the world’s larger suppliers of liquefied natural gas and is among countries that the U.S. is hoping could aid Europe should a Russian invasion of Ukraine lead to Moscow stemming the flow of energy.
Some 100,000 Russian troops are massed near the Ukraine border. Biden has repeated warned that Russia will face severe consequences if it further invades Ukraine. U.S. officials believe Russian military action could be imminent.
If needed, Europe could look to natural gas supplies in North Africa, the Middle East, Asia and the U.S. The effort would require “rather smaller volumes from a multitude of sources” to make up for a Russian cutoff, according to a senior Biden administration official who spoke about internal deliberations on the condition of anonymity.
7 Virtual Reality Stocks That Can Deliver Very Real Profits
Are you ready for the metaverse? Yeah, I’m not either. But many people are enjoying living their life in a virtual world. However, virtual reality and augmented reality goes beyond the world of video games. The applications for this technology include remote assistance, training, and education.
And like e-commerce, this was a sector that experienced significant growth during the Covid-19 pandemic. Necessity frequently inspires new ways of thinking and so it is that millions of Americans had to figure out how to do things remotely.
But what you want to know as a prospective investor is whether there’s more growth in store. Fortune Business Insights reports that the global market for VR gaming will reach $45.2 billion by 2027. That’s up from $5.1 billion in 2019 and $17 billion in 2020. That comes out to a compound annual growth rate (CAGR) of 31.8%. That should get your attention. It’s certainly drawn the attention of many of the tech giants. Many of the FAANG stocks are investing in this market with the expectation of massive future growth.
If you’re looking to invest in this growing sector, we’ve put together this special presentation that highlights seven virtual reality stocks that, while they dabble in the virtual world can deliver real profits for your portfolio.
View the “7 Virtual Reality Stocks That Can Deliver Very Real Profits”.