Douyin’s popularity has led to the platform releasing an international version of its network: a little app called TikTok. Most top ranked social networks with more than 100 million users originated in the United States, but services like Chinese social networks WeChat, QQ or video sharing app Douyin have also garnered mainstream appeal in their respective regions due to local context and content. The United States and China account for the most high-profile social platforms In the first quarter of 2021, Facebook reported over 3.51 billion monthly core Family product users. The company currently also owns four of the biggest social media platforms, all with over one billion monthly active users each: Facebook (core platform), WhatsApp, Facebook Messenger, and Instagram. Market leader Facebook was the first social network to surpass one billion registered accounts and currently sits at more than 2.85 billion monthly active users. Ongoing shortages of semiconductors led to a 7.2% plunge in the production of motor vehicles and parts and caused more than half of the drop off in factory output last month.What is the most popular social media platform worldwide? The slower-than-expected GDP growth reflects a range of factors, including fading effects of the stimulus enacted in the immediate aftermath of the pandemic last year, a crackdown on private sector, and energy crisis caused in part by soaring coal prices and more aggressive energy targets, as well as disruptions to the supply chain caused by COVID-19 outbreaks.ĭomestically, industrial output in September unexpectedly fell 1.3% compared with calls for a modest growth of 0.2%, with Hurricane Ida-caused disruptions along the Louisiana Coast responsible for 0.6% of the September decline.
IMF's growth downgrade follows a disappointing print on gross domestic product in China, the region's largest economy, where third quarter growth rate badly missed expectations with 4.9% compared with the previous quarter's 7.9%. The regional economy is expected to expand 4.9% in 2022, 0.4% higher than the previous forecast. The Washington based fund now expects the region to grow 6.5% this year - down 1.1 percentage points from its April outlook, yet still the world's fastest growing area. On Tuesday, the IMF once again downgraded its 2021 growth forecast for the Asia-Pacific region, citing a fresh surge in Delta-driven infections and lagging vaccinations. November RBOB futures on NYMEX fell 1.11cts to $2.4755 gallon, and front-month ULSD futures advanced 1.15cts to $2.5607 gallon. December ICE Brent futures settled the session above $85 bbl, gaining $0.75 since Monday's close.
The November WTI contract expires Wednesday afternoon. Energy Information Administration on Wednesday.Īt settlement, NYMEX West Texas Intermediate futures for November delivery climbed $0.52 to $82.96 bbl after trading as high as $83.74 bbl mid-session, and next-month delivery December WTI contract narrowed its discount to $0.58 bbl. ET, followed by official inventory data from the U.S. The American Petroleum Institute will release its closely watched survey at 4:30 p.m. Refinery run rates likely fell by 0.2% from the previous week to 86.5% of capacity. Stocks of distillates, which include heating oil and diesel, are expected to fall 900,000 bbl from the previous week. Gasoline stockpiles are expected to fall by 1.1 million bbl from the previous week, although estimates range from a decrease of 2.2 million bbl to an increase of 2 million bbl. 15 after spiking more than 6 million bbl in the previous week, according to estimates from a number of analysts and traders. commercial crude oil inventories likely increased by 700,000 barrels (bbl) during the week-ended Oct.
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