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During the Venice Biennale, You Can Buy Coffee Made With the Lagoon
During the Venice Biennale, You Can Buy Coffee Made With the Lagoon

New York Times

time06-05-2025

  • Business
  • New York Times

During the Venice Biennale, You Can Buy Coffee Made With the Lagoon

This article is part of our Design special section about how food inspires designers to make and do surprising things. In Venice, beauty and decay have always flowed side by side, borne on waters that are as treacherous as they are alluring. The lagoon makes itself felt as a living presence, through the briny smell that seeps into city squares and alleyways. An unorthodox project at this year's Architecture Biennale invites visitors to imbibe Venice in the form of espresso brewed from the lagoon itself — a symbolically rich and scientifically advanced act of transformation and trust. Conceived by the New York studio Diller Scofidio + Renfro, Canal Café involved two engineering firms, Natural Systems Utilities of the United States and SODAI of Italy, which oversaw the design, testing and monitoring of the water purification system. Aaron Betsky, a critic of art, architecture and design, advised the project. Canal Café flirts with the language of alchemy — transforming brackish, untrusted water into a warm, fragrant cup of coffee. If it all sounds fantastical, that's by design.

Oil Extends Drop as Risk-Off Mood Sends Markets Into Tailspin
Oil Extends Drop as Risk-Off Mood Sends Markets Into Tailspin

Yahoo

time11-03-2025

  • Business
  • Yahoo

Oil Extends Drop as Risk-Off Mood Sends Markets Into Tailspin

(Bloomberg) -- Oil fell a second day, tracking a plunge in equity markets and other risk assets on concerns tariffs and other measures will stunt growth in the world's largest economy. NJ College to Merge With State School After Financial Stress NYC Congestion Pricing Toll Gains Support Among City Residents Where New York City's Zoning Reform Will Add Housing Buffalo's Billion-Dollar Freeway Fix Is on Ice, But Not Because of Trump Inside the 'Not Architecture' of High Line Designers Diller Scofidio + Renfro Brent crude dropped to near $69 a barrel after sliding 1.5% on Monday while West Texas Intermediate declined below $66. Investors retreated from every type of risk on Monday with economic fear racing across markets as US President Donald Trump presses on with tariff measures and geopolitical shakeups. Oil has fallen almost a fifth from a high in mid-January as Trump's chaotic rollout of tariff hikes and push to slash federal spending darken the economic outlook in the biggest producer and consumer of crude. Other bearish factors include OPEC+ plans to add supply and weakening demand in China, where Beijing told refiners to pivot away from making mainstay fuels like diesel and gasoline. Monday's flight to safety also saw the US dollar snap a five-day losing streak, making commodities priced in the currency less attractive for many buyers. Meanwhile, US Energy Secretary Chris Wright said the Trump administration was prepared to enforce US sanctions on Iranian oil production. He spoke at the CERAWeek by S&P Global conference in Houston on Monday. Executives from some of the world's top oil and gas producers — including Chevron Corp., Shell Plc and Saudi Aramco — offered full-throated support for President Trump's energy-dominance agenda at the gathering. Vitol Group Chief Executive Officer Russell Hardy said oil between $60 to $80 a barrel is a 'reasonable' range for the next few years. To get Bloomberg's Energy Daily newsletter in your inbox, click here. How Natural Gas Became America's Most Important Export Germany Is Suffering an Identity Crisis 80 Years in the Making The Mysterious Billionaire Behind the World's Most Popular Vapes Disney's Parks Chief Sees Fortnite as Key to Its Future Greenland Voters Weigh Their Election's Most Important Issue: Trump ©2025 Bloomberg L.P.

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