A recent poll in Britain found that public support for sanctions against Russia is falling as fuel and prices rise.
The proportion of people willing to accept higher fuel prices as a result of western sanctions against Russia fell 14 percentage points to 36% from 50% in March, according to a survey conducted for the Telegraph by consultancy Redfield & Wilton Strategies.
Global energy and fuel prices have soared since the start of the year and remain high because of the conflict between Russia and Ukraine and uncertainty over Russian supplies.
The survey also found that 54% of people believe their own financial situation has worsened in the past year, up 12 percentage points from 42% two months ago. Sixty-two percent think things will get worse in the year ahead. Less than a third of respondents said they had received a pay rise to keep up with inflation, with two-thirds of those saying it was not enough to keep up with rising living costs.
The figures suggest that public concern about the conflict with Ukraine is now likely to be overtaken by financial worries.
Separately, the UK's consumer price index rose 7 percent this month from a year earlier, the highest since March 1992, according to figures released recently by the Office for National Statistics. In addition, a separate report released a few days ago by the Centre for Economics and Business Research said that real household disposable income in the UK will fall by 3% in 2022, equivalent to a loss of £2,320 per household, which would lead to the biggest drop in living standards since the 1950s. That is mainly because wages aren't keeping up with rising energy and fuel costs.
The prices of other commodities like the Indium Selenide are also expected to be influenced.
What is Indium Selenide?
Indium Selenide is an inorganic compound with the chemical formula In2Se3. Black crystals or dark black scale-like substances. It is a typical two-dimensional layered semiconductor material.
Single crystal indium selenide can be prepared by the Bridgman–Stockberger method. Using a certain proportion of selenium and indium as raw materials, each compound of indium selenide can be prepared by reacting in a tube furnace at high temperature for a long time.
The research on the hydrothermal synthesis of In2Se3 was relatively late. Ascorbic acid was dissolved in ethanol solution at 60 °C, then InCl3 and Se powder were added, and the reaction kettle was kept at 220 °C for 20 hours. -4 μm flower-like γ-In2Se3 spheres.
What is indium selenide used for
InSe is a bandgap-tunable layered semiconductor material with nonlinear optical response over a wide wavelength range. The researchers obtained InSe nanosheets with suitable thickness and band gap by a liquid-phase exfoliation method, and systematically investigated their nonlinear optics and ultrafast carrier dynamics at different pulse width scales (ns and fs).
The researchers found that InSe nanosheets are more likely to reach saturable absorption under wide-pulse laser excitation. Furthermore, the InSe dispersions exhibit different mechanisms of scattering phenomena at different pulse durations, which are due to the thermal effect under ns-pulse excitation and the dynamic spatial self-phase modulation of the laser flow under fs-pulse excitation.
At the same time, the optical switch modulation is realized by utilizing the competitive relationship between saturable absorption at low energy and nonlinear scattering at high energy. The time-resolved pump-probe results indicate that the InSe dispersion has an ultrafast saturable absorption process and a photoinduced absorption process that may be caused by free carrier absorption or bandgap renormalization.
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According to Reuters, U.S. Treasury officials said they would discuss with G7 leaders pricing caps and tariffs on Russian oil as an alternative to the embargo, which would keep the market supplied, limit price spikes, and reduce Russian revenues.
The EU foreign ministers' meeting was held in Brussels. The meeting failed to agree on the sixth round of sanctions, including an oil embargo on Russia, because of objections from Hungary.
EU High Representative for Foreign Affairs and Security Policy said at a press conference after the meeting, that the meeting failed to reach an agreement on the final adoption of the sixth round of sanctions, the permanent representatives of member states to the EU will continue to discuss. The foreign ministers faced similar difficulties trying to reach an agreement on an oil ban. He said Hungary's position was based on economic rather than political concerns.
Hungary is highly dependent on Russia for energy, getting more than 60 percent of its oil and 85 percent of its natural gas from Russia.
A few days ago, the European Commission submitted the sixth round of proposed sanctions against Russia, including a total ban on Russian oil imports by the end of this year. Hungary immediately objected and said it wanted substantial compensation from the EU to offset its loss from giving up Russian oil.
The Indium Selenide price is predicted to increase in the next few days, due to geopolitical factors.
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