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Europe could see a devastating ‘Lehman Brothers’ event as power producers face $1.5 trillion in margin calls — here’s how governments across the region are stepping in

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September 11, 2022
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{emptyPanelMsg}

‘,panelErrorTemplate=’

{errorMsg}

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a=n.newCount>t.panel.maxCount?n.newCount:””,c=t.panel.notificationCenterPath,l=c?””:constants.panelHideElement,d=t.panel.headerMsg?””:” “+constants.panelHideElement,u=c?constants.panelPaddingBtm:””,p=void 0;n.count?p=n.markup:p=panelEmptyTemplate.replace(“{emptyPanelMsg}”,t.panel.emptyPanelMsg);return e=e.replace(“{notifMarkup}”,p).replace(“{promoMarkup}”,r).replace(“{hideClass}”,l).replace(“{notifCenterLink}”,c).replace(“{paddingClass}”,u).replace(“{headerMsg}”,t.panel.headerMsg).replace(“{hideHeaderClass}”,d).replace(/{notificationCenterNavMsg}/g,t.panel.notificationCenterNavMsg).replace(/{newCount}/g,a)}},{key:”render”,value:function(e,n){var t=this;if(t._panelNode){var i=void 0,o=t._panelNode,r=void 0,s=void 0;switch(e){case EXPANDED_PANEL:i=panelTemplate,s=t._store.getNotifications(),r=t._generatePanelMarkup(i,s),o.innerHTML=r;break;case ERROR_PANEL:r=(i=panelErrorTemplate).replace(“{errorMsg}”,t._config.panel.errorMsg),o.innerHTML=r}n&&n()}else n&&n(new Error(“No panel 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o=window.wafer&&window.wafer.base;o&&o.destroy(t._notifPanelNode),e?t._notifPanelNode.innerHTML||(t._view.render(ERROR_PANEL$1),addClass(t._notifPanelNode,constants.panelLoading)):(t._view.render(EXPANDED_PANEL$1),t._view.updateBadgeNode(t._badgeNode),t._showBadge(),t._showIndicator(),t._view.addStyles(i.css)),removeClass(t._notifPanelNode,constants.panelLoading),o&&o.sync(t._notifPanelNode.parentNode),n&&n(e,i)}))}},{key:”resetBadge”,value:function(){var e=this;e._store.resetNewCount(),e._view.updateBadgeNode(e._badgeNode),addClass(e._badgeNode,e._config.badge.hideClass)}},{key:”_showIndicator”,value:function(){this._indicatorNode&&(this._store.getNotifications().newCount?addClass(this._indicatorNode,this._config.panel.indicatorClass):removeClass(this._indicatorNode,this._config.panel.indicatorClass))}},{key:”_showBadge”,value:function(){var 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e=this.config;return!(!e.panel.parentSelector||!e.service.url)}},{key:”_assignHelperMethods”,value:function(){var e=this;e.helpers={refreshPanelNode:e._panelController.refreshPanelNode.bind(e._panelController),resetBadge:e._panelController.resetBadge.bind(e._panelController),resetIndicator:function(){removeClass(e._panelController._indicatorNode,e.config.panel.indicatorClass)}}}}]),e}(),notificationClient_module_min=Main,notificationClient={NotificationClient:notificationClient_module_min},CONSUMPTION_STORAGE_KEY=”lnct”,NotifClient=function(){function e(){var e,n;this.personalized=!1,this.ybarElem=document.getElementById(“ybar”),this.partnerClasses=null===(n=null===(e=this.ybarElem)||void 0===e?void 0:e.className)||void 0===n?void 0:n.match(/ybar-variant-([a-z]*)/),this.client=new notificationClient.NotificationClient(this.getConfig())}return e.prototype.refreshPanel=function(){var e,n,t,i=this,o={lastUpdate:this.getTimeStamp()||this.setTimeStamp(),loadInHpViewer:!0,includePersonalized:this.personalized},r=(null===(e=window.YAHOO)||void 0===e?void 0:e.context)||(null===(n=window.Af)||void 0===n?void 0:n.context)||{};return r.region&&r.lang&&(o.lang=r.lang,o.region=r.region),(null===(t=this.partnerClasses)||void 0===t?void 0:t.length)&&(o.partner=this.partnerClasses[1]),new Promise((function(e,n){i.client.helpers.refreshPanelNode({matrixParams:o},(function(t,i){t&&(logError(“Notification refresh error:”,t),n(t)),e(i)}))}))},e.prototype.resetBadge=function(){this.client.helpers.resetBadge(),this.setTimeStamp()},e.prototype.getConfig=function(){var e,n,t,i,o,r={promos:{eligibleBodyClass:”display-push-promos”,enableNotifOnboard:!0},badge:{selector:”#notif-badge”,hideClass:”ybar-notification-hidden”},panel:{emptyPanelMsg:”You have no new notifications.”,errorMsg:”Please check back 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t},e.prototype.getTimeStamp=function(){var e;return null===(e=window.localStorage)||void 0===e?void 0:e.getItem(CONSUMPTION_STORAGE_KEY)},e.prototype.setTimeStamp=function(){var e,n=””+Math.floor((new Date).getTime()/1e3);return null===(e=window.localStorage)||void 0===e||e.setItem(CONSUMPTION_STORAGE_KEY,n),n},e}(),notifClient=new NotifClient,getNotifClient=function(){return notifClient},reInit=function(){notifClient=new NotifClient},ybarRapid,ybarRapidInterval,ybarRapidErrMsg=””,beaconQueue=[],noop=function(){},logRapidError=function(){window.removeEventListener(“beforeunload”,logRapidError),””!==ybarRapidErrMsg&&logError(“Rapid not found on page”,new Error(ybarRapidErrMsg))},findRapidWithSpaceid=function(e){var n=void 0;if(e&&e.length>0)for(var 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delegate(e,n,t,i,o){return”function”==typeof e.addEventListener?_delegate.apply(null,arguments):”function”==typeof t?_delegate.bind(null,document).apply(null,arguments):(“string”==typeof e&&(e=document.querySelectorAll(e)),Array.prototype.map.call(e,(function(e){return _delegate(e,n,t,i,o)})))}function listener(e,n,t,i){return function(t){t.delegateTarget=closest_1(t.target,n),t.delegateTarget&&i.call(e,t)}}var delegate_1=delegate,ListNode=function(e){this.data=e,this.next=null,this.prev=null},LinkedList=function(){function e(){this.head=null,this.tail=null}return e.prototype.push=function(e){var n=new ListNode(e);return this.head?this.tail?(n.prev=this.tail,this.tail.next=n,this.tail=n):(this.tail=n,this.tail.prev=this.head,this.head.next=this.tail):(this.head=n,n.next=this.tail),n},e.prototype.size=function(){for(var e=0,n=this.head;n;)e+=1,n=n.next;return e},e.prototype.getHead=function(){return this.head},e.prototype.getTail=function(){return 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overlay$1=”_yb_1d8bh”,tooltip=”_yb_k961j”,tooltip__text=”_yb_1y509″,tooltip__voice=”_yb_5la2x”,tooltip__web=”_yb_1ffrq”,dark=”_yb_3t62g”,darker=”_yb_19jvk”,light=”_yb_1j5cd”,midnight60=”_yb_ixews”,Css$5={“dropdown-open”:”_yb_16mux”,”merchant-is-selected”:”_yb_ckqnk”,overlay:overlay$1,”selected-merchant-clear-button”:”_yb_190kr”,”shops-buttons”:”_yb_160ih”,”styled-select”:”_yb_13d39″,tooltip:tooltip,”tooltip–show”:”_yb_1i0zi”,tooltip__text:tooltip__text,tooltip__voice:tooltip__voice,tooltip__web:tooltip__web,dark:dark,darker:darker,light:light,midnight60:midnight60},range=function(e,n){var t=Math.max(e,n),i=Math.min(e,n),o=Math.abs(t-i);return __spreadArray([],new Array(o+1),!0).map((function(e,n){return i+n}))},openSearchOverlay=function(e,n,t){var i=e.getConfig().bucketConfig,o=(void 0===i?{}:i).enable_search_ui,r=void 0!==o&&o;if(n.ybar){n.ybar.classList.add(“ybar-searchbox-assist-fullscreen”),document.documentElement.classList.add(“ybar-overlay”),document.body.classList.add(“ybar-overlay-noscroll”);beaconClick(“ybar”,”websrch”,””,{elm:”expand”,subsec:”searchbox”,itc:”1″}),setTimeout((function(){n.searchInput instanceof HTMLInputElement&&(t&&(n.searchInput.value=t),n.searchInput.focus(),r&&n.searchInput.click())}))}},closeSearchOverlay=function(e){var n;null===(n=e.ybar)||void 0===n||n.classList.remove(“ybar-searchbox-assist-fullscreen”),document.documentElement.classList.remove(“ybar-overlay”),document.body.classList.remove(“ybar-overlay-noscroll”),e.searchInput instanceof HTMLInputElement&&(e.searchInput.value=””,e.searchInput.blur())},initMweb=function(e,n){“smartphone”===e.getConfig().device&&(e.addElementListener(n.searchBoxPlaceholder,”click”,(function(){openSearchOverlay(e,n)})),e.addElementListener(n.searchBoxPlaceholder,”keydown”,(function(t){var i=t,o=i.keyCode,r=i.key,s=range(65,90),a=__spreadArray(__spreadArray([],range(58,57),!0),range(96,105),!0),c=__spreadArray(__spreadArray([],s,!0),a,!0).includes(o);(32===o||13===o||c)&&(t.preventDefault(),t.stopPropagation(),openSearchOverlay(e,n,c?r:””))})),n.searchBoxBackButton&&(e.addElementListener(n.searchBoxBackButton,”click”,(function(e){e.stopPropagation(),closeSearchOverlay(n);beaconClick(“ybar”,”back-close-srch”,””,{elm:”btn”,subsec:”searchbox”,itc:”1″})})),e.addElementListener(n.searchInput,”keyup”,(function(e){e.stopPropagation();27===e.keyCode&&(e.stopPropagation(),closeSearchOverlay(n))}))),e.onDestroy((function(){closeSearchOverlay(n)})))},Tooltip=function(){function e(e,n,t){n&&(this.ybar=e,this.elem=n,this.options=t,this.show=this.show.bind(this),this.hide=this.hide.bind(this),this.addEventListeners())}return Object.defineProperty(e.prototype,”tooltip”,{get:function(){var e=this;return 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/*!**********************!*
!*** ./src/index.js ***!
**********************/function(__unused_webpack_module,__unused_webpack_exports,__webpack_require__){eval(“var I18n = __webpack_require__(/*! ./lib/I18n */ “./src/lib/I18n.js”);nn(function (win, doc) {n “use strict”;nn var defaultConfig = {n uiLang: ‘en-US’,n speechLang: ‘en-US’,n voiceButton: ‘#voice-btn’,n searchBox: {n form: ‘#sf’,n input: ‘#yschsp’,n params: {n fr: ”,n fr2: ”n }n },n enable_voice_trending: false,n trending: {n market: “en-us”n },n ui: {n speechOverlay: {n disableBlur: falsen }n },n browsers: {n edge: falsen }n };nn function VoiceSearch(config) {n var self = this;n self.config = Object.assign(defaultConfig, config || {});n self.i18n = new VoiceSearch.I18n({n lang: self.config.uiLangn });n self.renderPermissionGuide(self);n self.renderSpeechPanel(self);n self.speechResult = ”;n self.noSpeech = true;n self.isRecognitionStart = false;n self.recognition = null;n self.voiceButton = doc.querySelector(self.config.voiceButton);n self.searchBoxForm = doc.querySelector(self.config.searchBox.form);n self.searchBoxQuery = doc.querySelector(self.config.searchBox.input);n self.speechPanel = doc.querySelector(‘#spch’);n self.speechButtonContainer = doc.querySelector(‘#spchbc’);n self.speechButton = doc.querySelector(‘#spchbc-btn’);n self.speechText = doc.querySelector(‘#spcht’);n self.speechOverlay = doc.getElementById(‘spch-overlay’);n self.retryLink = doc.querySelector(‘#spcht-retry’);n self.trending = doc.getElementById(‘spch-trending’);n self.trendingTerms = doc.getElementById(‘trending-terms’);n self.termSpans = doc.getElementsByClassName(“trending-term”);n self.closeButton = doc.querySelector(‘#spchx’);n self.startAudio = new Audio(‘https://s.yimg.com/pv/static/misc/voice-start-202105050733.wav’);n self.resultAudio = new Audio(‘https://s.yimg.com/pv/static/misc/voice-result-202105050733.wav’);n self.errorAudio = new Audio(‘https://s.yimg.com/pv/static/misc/voice-error-202105050733.wav’);n self.closeAudio = new Audio(‘https://s.yimg.com/pv/static/misc/voice-close-202105050733.wav’);n self.permissionGuide = doc.querySelector(‘#spchp’);n self.permissionGuideClose = doc.querySelector(‘#spchpx’);n self.permissionGuideTimer = null;nn self.onEscKeyDown = function (e) {n if (e.code !== ‘Escape’) {n return;n }nn self.recognition.stop();n self.sendBeacon(‘keybrd’, ‘voicesearch_cancel_esc’); // The clean up should put inside closePanel() instead of here,n // or func won’t be cleaned up if user close panel with btn or overlaynn self.closePanel(self);n };nn if (self.isBrowserSupported()) {n var SpeechRecognition = win.SpeechRecognition || win.webkitSpeechRecognition;n var SpeechGrammarList = win.SpeechGrammarList || win.webkitSpeechGrammarList;n var speechGrammar = ‘#JSGF V1.0;’;n self.recognition = new SpeechRecognition();n var speechRecognitionList = new SpeechGrammarList();nn if (speechRecognitionList.addFromString) {n speechRecognitionList.addFromString(speechGrammar, 1);n }nn self.recognition.grammars = speechRecognitionList;n self.recognition.continuous = false;n self.recognition.lang = self.config.speechLang;n self.recognition.interimResults = false;n self.recognition.maxAlternatives = 1;n /* Listeners */nn if (self.voiceButton) {n self.voiceButton.onclick = function () {n self.recognition.start();nn if (self.permissionGuideTimer) {n win.clearTimeout(self.permissionGuideTimer);n }nn self.permissionGuideTimer = win.setTimeout(function () {n if (!self.isRecognitionStart) {n self.showPermissionGuide(self);n }n }, 300); // Also close when pressing escnn doc.addEventListener(‘keydown’, self.onEscKeyDown);n self.sendBeacon(‘clk’, ‘voicesearch’);n };n }nn if (self.speechButton) {n self.speechButton.onclick = function () {n if (!self.isRecognitionStart) {n self.recognition.start();n self.sendBeacon(‘clk’, ‘voicesearch_panel_mic_restart’);n } else {n self.recognition.stop();n self.sendBeacon(‘clk’, ‘voicesearch_panel_mic_close’);n self.closePanel(self);n }n };n }nn if (self.retryLink) {n self.retryLink.onclick = function () {n if (!self.isRecognitionStart) {n self.recognition.start();n self.sendBeacon(‘clk’, ‘voicesearch_panel_retry’);n }n };n }nn if (self.speechOverlay) {n self.speechOverlay.onclick = function () {n self.recognition.stop();n self.sendBeacon(‘clk’, ‘voicesearch_cancel_outside’);n self.closePanel(self);n };n }nn if (self.closeButton) {n self.closeButton.onclick = functionn /*event*/n () {n self.recognition.stop();n self.sendBeacon(‘clk’, ‘voicesearch_cancel’);n self.closePanel(self);n };n }nn if (self.permissionGuideClose) {n self.permissionGuideClose.onclick = functionn /*event*/n () {n self.recognition.stop();n self.sendBeacon(‘clk’, ‘voicesearch_permission_close’);n self.closeAudio.play();n self.hidePermissionGuide(self);n };n }n /* Recognition Events */nnn self.recognition.onresult = function (event) {n // The SpeechRecognitionEvent results property returns a SpeechRecognitionResultList objectn // The SpeechRecognitionResultList object contains SpeechRecognitionResult objects.n // It has a getter so it can be accessed like an arrayn // The first [0] returns the SpeechRecognitionResult at the last position.n // Each SpeechRecognitionResult object contains SpeechRecognitionAlternative objects that contain individual results.n // These also have getters so they can be accessed like arrays.n // The second [0] returns the SpeechRecognitionAlternative at position 0.n // We then return the transcript property of the SpeechRecognitionAlternative objectn // console.log(‘Confidence: ‘ + event.results[0][0].confidence);n self.speechResult = event.results[0][0].transcript;n /* Punctuation Handling: Check last character and strip it if necessary */nn self.handlePunctuation(self);nn if (self.speechText) {n self.speechText.innerText = self.speechResult;n }nn if (self.searchBoxQuery) {n self.searchBoxQuery.value = self.speechResult;n }nn self.resultAudio.play();n win.setTimeout(function () {n if (self.speechPanel) {n self.speechPanel.classList.remove(“s2tb”);n self.speechPanel.classList.add(“s2tb-h”);n }nn self.hideRetryLink(self);nn if (self.searchBoxForm) {n var inputFr = self.searchBoxForm.querySelector(‘[name=fr]’);n var inputFr2 = self.searchBoxForm.querySelector(‘[name=fr2]’);nn if (inputFr && self.config.searchBox && self.config.searchBox.params && self.config.searchBox.params.fr) {n inputFr.value = config.searchBox.params.fr;n inputFr.disabled = false; // for homepage casen }nn if (inputFr2 && self.config.searchBox && self.config.searchBox.params && self.config.searchBox.params.fr2) {n inputFr2.value = config.searchBox.params.fr2;n inputFr2.disabled = false; // for homepage casen }nn self.searchBoxForm.submit();n }n }, 1000);n };nn self.recognition.onspeechstart = functionn /*event*/n () {// Fired when speech startsn };nn self.recognition.onspeechend = function () {n // Fired when speech endsn self.recognition.stop();n };nn self.recognition.onerror = functionn /*event*/n () {n // console.log(‘Error occurred in recognition: ‘ + event.error);n if (self.speechText) {n self.speechText.innerText = self.i18n.t(‘search.voice.recognition_error’);n }nn self.hideTrending(self);n self.showRetryLink(self);n self.errorAudio.play();n };nn self.recognition.onaudiostart = functionn /*event*/n () {n // Fired when the user agent has started to capture audio.n if (self.speechButtonContainer) {n self.speechButtonContainer.classList.add(“listening”);n }n };nn self.recognition.onaudioend = functionn /*event*/n () {n // Fired when the user agent has finished capturing audio.n if (self.speechButtonContainer) {n self.speechButtonContainer.classList.remove(“listening”);n }n };nn self.recognition.onsoundstart = functionn /*event*/n () {n // Fired when any sound — recognisable speech or not — has been detected.n self.hideTrending(self);n self.noSpeech = false;nn if (self.speechButtonContainer) {n self.speechButtonContainer.classList.remove(“listening”);n self.speechButtonContainer.classList.add(“speaking”);n }n };nn self.recognition.onsoundend = functionn /*event*/n () {n // Fired when no sound presentn if (self.speechButtonContainer) {n self.speechButtonContainer.classList.remove(“speaking”);n }n };nn self.recognition.onstart = functionn /*event*/n () {n // Fired when the speech recognition service has begun listeningn self.recognitionInit(self);n self.startRecognition(self);n };nn self.recognition.onend = functionn /*event*/n () {n // Fired when the speech recognition service has disconnected.n self.isRecognitionStart = false;nn if (self.noSpeech == false && self.speechResult == ”) {n // No match: Fired when the speech recognition can’t recognise speechn if (self.speechText) {n self.speechText.innerText = self.i18n.t(‘search.voice.recognition_nomatch’);n }nn self.hideTrending(self);n self.showRetryLink(self);n self.errorAudio.play();n }n }; // trigger onReady event when initializednnn if (document && document.dispatchEvent) {n document.dispatchEvent(new Event(‘VOICE_JS_READY’));n }n }n } // static membersnnn VoiceSearch.I18n = I18n; // instance membersnn VoiceSearch.prototype.renderPermissionGuide = function (self) {n var tmpl = “\n

\n \n
\n

\n \n

\n

\n

“.concat(self.i18n.t(‘search.voice.permission_title’), “

\n

“).concat(self.i18n.t(‘search.voice.permission_text’), “

\n

\n

\n

\n “);n var dom = new DOMParser().parseFromString(tmpl, ‘text/html’);n document.body.appendChild(dom.body.children[0]);n };nn VoiceSearch.prototype.renderSpeechPanel = function (self) {n var tmpl = “\n

\n \n \n
\n
\n

\n \n \n \n \n \n \n

\n

\n

\n \n \n “.concat(self.i18n.t(‘search.voice.recognition_retry’), “\n

\n

\n

\n

\n

\n

\n “).concat(self.i18n.t(‘search.voice.trending_title’), “\n \n

\n

\n

\n “);n var dom = new DOMParser().parseFromString(tmpl, ‘text/html’);nn if (self && self.config && self.config.ui && self.config.ui.speechOverlay && self.config.ui.speechOverlay.disableBlur) {n dom.body.children[0].classList.add(‘disable-blur-overlay’);n }nn document.body.appendChild(dom.body.children[0]);n };nn VoiceSearch.prototype.isBrowserSupported = function () {n var isSupported = false;n var self = this;n var isChromium = Boolean(window.chrome);n var isIOSChrome = /CriOS/.test(window.navigator.userAgent);n var isEdge = /Edg\//.test(window.navigator.userAgent);n var isLegacyEdge = /Edge\//.test(window.navigator.userAgent);n var isOpera = Boolean(window.opr);n var isBrave = Boolean(window.navigator.brave);n var browsers = [// chromen {n checkEnabled: function checkEnabled() {n return true;n },n checkBrowser: function checkBrowser() {n return isChromium && !isIOSChrome && !isEdge && !isOpera && !isBrave;n },n checkAPI: function checkAPI() {n return win && (‘SpeechRecognition’ in win || ‘webkitSpeechRecognition’ in win) && (‘SpeechGrammarList’ in win || ‘webkitSpeechGrammarList’ in win);n }n }, // edgen {n checkEnabled: function checkEnabled() {n return self && self.config && self.config.browsers && self.config.browsers.edge;n },n checkBrowser: function checkBrowser() {n return isChromium && isEdge && !isLegacyEdge;n },n checkAPI: function checkAPI() {n return win && (‘SpeechRecognition’ in win || ‘webkitSpeechRecognition’ in win) && (‘SpeechGrammarList’ in win || ‘webkitSpeechGrammarList’ in win);n }n }];nn for (var b = 0; b < browsers.length; b++) {n var browser = browsers[b];nn if (browser && browser.checkBrowser && browser.checkBrowser() && browser.checkEnabled && browser.checkEnabled(self) && browser.checkAPI && browser.checkAPI()) {n isSupported = true;n }n }nn return isSupported;n };nn VoiceSearch.prototype.recognitionInit = function (self) {n // Initialize flags for checking whether user is speaking or notn self.speechResult = ”;n self.noSpeech = true;n self.isRecognitionStart = true;n };nn VoiceSearch.prototype.showPermissionGuide = function (self) {n if (self.permissionGuide) {n self.permissionGuide.classList.remove(“hide”);n }n };nn VoiceSearch.prototype.hidePermissionGuide = function (self) {n if (self.permissionGuide) {n self.permissionGuide.classList.add(“hide”);n }n };nn VoiceSearch.prototype.getTrending = function (self) {n // Call api for trending termsn if (!self.config.enable_voice_trending || !self.trending) {n return;n }nn var url = “https://api.search.yahoo.com/data/v3/search?appid=4d234a9d&market=” + self.config.trending.market + “&features=trending.voice”;n self.ajaxReq(url, function (resBody) {n if (!resBody || !resBody.response || !resBody.response.search || !resBody.response.search.results || !resBody.response.search.results[“trending.voice”]) {n return;n }nn var terms = resBody.response.search.results[“trending.voice”].data;n self.showTrending(self, terms);n });n };nn VoiceSearch.prototype.showTrending = function (self, terms) {n // params checkn if (!Array.isArray(terms) || terms.length < 3) {n return;n } // DOM checknnn if (!self.trending || !self.termSpans || !self.termSpans[0]) {n return;n }nn var trendingLabel = ”;n trendingLabel += ‘”‘ + terms[0].text + ‘”‘ + ‘, ‘;n trendingLabel += ‘”‘ + terms[1].text + ‘”‘ + ‘ ‘;n trendingLabel += self.i18n.t(‘search.voice.trending_or’) + ‘ ‘;n trendingLabel += ‘”‘ + terms[2].text + ‘”‘;n self.termSpans[0].innerText = trendingLabel;n self.trending.classList.remove(“hide”);n };nn VoiceSearch.prototype.hideTrending = function (self) {n if (!self.trending) {n return;n }nn self.trending.classList.add(“hide”);n };nn VoiceSearch.prototype.showRetryLink = function (self) {n if (self.retryLink) {n self.retryLink.innerText = self.i18n.t(‘search.voice.recognition_retry’);n self.retryLink.classList.remove(“hide”);n }n };nn VoiceSearch.prototype.hideRetryLink = function (self) {n if (self.retryLink) {n self.retryLink.classList.add(“hide”);n }n };nn VoiceSearch.prototype.startRecognition = function (self) {n self.hidePermissionGuide(self);n self.getTrending(self);n self.startAudio.play();nn if (self.speechText) {n self.speechText.innerText = self.i18n.t(‘search.voice.recognition_start’);n win.setTimeout(function () {n self.speechText.innerText = self.i18n.t(‘search.voice.recognition_listening’);n }, 2000);n }nn if (self.speechPanel) {n self.speechPanel.classList.remove(“s2tb-h”);n self.speechPanel.classList.add(“s2tb”);n }nn self.hideRetryLink(self);n };nn VoiceSearch.prototype.closePanel = function (self) {n self.closeAudio.play();n win.setTimeout(function () {n if (self.speechPanel) {n self.speechPanel.classList.remove(“s2tb”);n self.speechPanel.classList.add(“s2tb-h”);n }nn self.hideTrending(self);n self.hideRetryLink(self); // clean up esc listenernn doc.removeEventListener(‘keydown’, self.onEscKeyDown);n }, 100);n };nn VoiceSearch.prototype.handlePunctuation = function (self) {n if (self.speechResult.length > 0) {n var lastChar = self.speechResult.charAt(self.speechResult.length – 1);nn if (lastChar === ‘.’ || lastChar === ‘?’ || lastChar === ‘?’ || lastChar === ‘?’) {n self.speechResult = self.speechResult.slice(0, -1);n }n }n };nn VoiceSearch.prototype.sendBeacon = function (actn, slk) {n var ULT = win.YAHOO.ULT || {},n SB = win.YAHOO.SB || {};nn if (ULT.beacon_click) {n var trackParams = {n _S: SB.config.i13n.spaceid,n _I: SB.config.i13n.pvid,n actn: actn,n sec: ‘search’,n slk: slkn };n win.YAHOO.ULT.beacon_click(trackParams);n }n };nn VoiceSearch.prototype.ajaxReq = function (url, callback) {n var DONE_STATE = XMLHttpRequest.DONE || 4; // for IE-compatibilitynn var xhr = new XMLHttpRequest();n var responseRaw;n var response; // CORS request only for IE8/IE9nn if (doc.documentMode && doc.documentMode < 10) {n var xdr = new win.XDomainRequest();nn xdr.onload = function () {n try {n response = JSON.parse(responseRaw);n callback(response);n } catch (err) {n return;n }n };nn xhr.open(‘GET’, url);n xhr.send();n return;n } // CORS request for browers newer than IE9nnn xhr.onreadystatechange = function () {n if (xhr.readyState !== DONE_STATE) {n return;n } // handle ajax responsennn switch (xhr.status) {n case 200:n responseRaw = xhr.responseText;nn try {n response = JSON.parse(responseRaw);n callback(response);n } catch (err) {n return;n }nn break;nn default:n // non-200 status code: retry or assume failuren callback(response);n break;n }n };nn xhr.open(‘GET’, url, true);n /* aync request */nn xhr.timeout = 10000;n xhr.send();n };nn if (!win.YAHOO) {n win.YAHOO = {};n }nn if (!win.YAHOO.Util) {n win.YAHOO.Util = {};n }nn win.YAHOO.Util.VoiceSearch = VoiceSearch;n})(window, document);nn//# sourceURL=webpack://@vzmi/voicejs/./src/index.js?”)},”./src/lib/I18n.js”:
/*!*************************!*
!*** ./src/lib/I18n.js ***!
*************************/function(module,__unused_webpack_exports,__webpack_require__){eval(“module.exports = function () {n var LANG_LIST = __webpack_require__(/*! ./lang_list.json */ “./src/lib/lang_list.json”);nn var DEFAULT_LANG = ‘default’;nn var isValidLang = function isValidLang(lang) {n return LANG_LIST.indexOf(lang) !== -1;n }; // convert language strings to key-value mapnnn var buildStrMap = function buildStrMap(langStrings) {n return langStrings.reduce(function (strMap, item) {n strMap[item.id] = item.defaultMessage;n return strMap;n }, {});n };nn var I18n = function I18n(options) {n // initializen this.lang = isValidLang(options && options.lang) ? options.lang : DEFAULT_LANG;n }; // static membersnnn I18n.langMap = {};n I18n.langMap[DEFAULT_LANG] = buildStrMap(__webpack_require__(/*! ../lang/strings.json */ “./src/lang/strings.json”));nn I18n.setLangMap = function (lang, strings) {n if (lang && strings) {n I18n.langMap[lang] = buildStrMap(strings);n }n }; // instance membersnnn I18n.prototype = {n t: function t(id) {n switch (true) {n // look up target languagen case Boolean(I18n.langMap && I18n.langMap[this.lang] && I18n.langMap[this.lang][id]):n return I18n.langMap[this.lang][id];n // fallback to default stringsnn case Boolean(I18n.langMap && I18n.langMap[DEFAULT_LANG] && I18n.langMap[DEFAULT_LANG][id]):n return I18n.langMap[DEFAULT_LANG][id];nn default:n return ”;n }n }n };n return I18n;n}();nn//# sourceURL=webpack://@vzmi/voicejs/./src/lib/I18n.js?”)},”./node_modules/css-loader/dist/cjs.js!./node_modules/postcss-loader/dist/cjs.js!./src/index.css”:
/*!*******************************************************************************************************!*
!*** ./node_modules/css-loader/dist/cjs.js!./node_modules/postcss-loader/dist/cjs.js!./src/index.css ***!
*******************************************************************************************************/function(module,__webpack_exports__,__webpack_require__){eval(‘__webpack_require__.r(__webpack_exports__);n/* harmony import */ var _node_modules_css_loader_dist_runtime_api_js__WEBPACK_IMPORTED_MODULE_0__ = __webpack_require__(/*! ../node_modules/css-loader/dist/runtime/api.js */ “./node_modules/css-loader/dist/runtime/api.js”);n/* harmony import */ var _node_modules_css_loader_dist_runtime_api_js__WEBPACK_IMPORTED_MODULE_0___default = /*#__PURE__*/__webpack_require__.n(_node_modules_css_loader_dist_runtime_api_js__WEBPACK_IMPORTED_MODULE_0__);n// Importsnnvar ___CSS_LOADER_EXPORT___ = _node_modules_css_loader_dist_runtime_api_js__WEBPACK_IMPORTED_MODULE_0___default()(function(i){return i[1]});n// Modulen___CSS_LOADER_EXPORT___.push([module.id, “/* Sprites */\n#spchp.permission-guide .guide .microphone .sprite,\n#spchp .close-button,\n#spch .close-button,\n#spch .spchc .microphone,\n#spch .spchc .speaking .microphone {\n background-image: url(https://s.yimg.com/pv/static/img/voiceSearch1x-1620383531565.min.png);\n background-repeat: no-repeat;\n background-size: initial;\n color: transparent;\n}\n/* Retina displays */\n@media\n only screen and (-webkit-min-device-pixel-ratio: 2),\n only screen and (min-device-pixel-ratio: 2),\n only screen and (min-resolution: 192dpi),\n only screen and (min-resolution: 2dppx) {\n#spchp.permission-guide .guide .microphone .sprite,\n#spchp .close-button,\n#spch .close-button,\n#spch .spchc .microphone,\n#spch .spchc .speaking .microphone {\n background-size: 41px 330px;\n background-image: url(https://s.yimg.com/pv/static/img/voiceSearch2x-1620383531565.min.png)\n}\n }\n\n/* permission guide */\n#spchp.permission-guide {\n height: 100%;\n width: 100%;\n padding: 0;\n opacity: 0.9;\n background-color: #fff;\n left: 0;\n overflow: hidden;\n position: fixed;\n text-align: left;\n top: 0;\n z-index: 10000;\n transition: visibility 0s linear 0.218s, background-color 0.218s;\n}\n#spchp.permission-guide .close-button {\n background-position: 0 0;\n width: 24px;\n height: 24px;\n border: none;\n cursor: pointer;\n right: 0;\n margin: 20px;\n padding: 0;\n position: absolute;\n top: 0;\n z-index: 10;\n opacity: 0.8;\n }\n#spchp.permission-guide .close-button:hover {\n opacity: 1;\n }\n#spchp.permission-guide .guide {\n margin: 191px 0 0 507px;\n }\n#spchp.permission-guide .guide .microphone {\n height: 68px;\n width: 52px;\n border-right: 1px solid #232a31;\n float: left;\n }\n#spchp.permission-guide .guide .microphone .sprite {\n background-position: 0 -105px;\n width: 28px;\n height: 28px;\n }\n#spchp.permission-guide .guide .guide-text {\n height: 68px;\n margin-left: 24px;\n float: left;\n }\n#spchp.permission-guide .guide .guide-text .title {\n color: #232a31;\n font-size: 32px;\n font-family: HelveticaNeue-Bold;\n line-height: 28px;\n margin-bottom: 16px;\n }\n#spchp.permission-guide .guide .guide-text .text {\n color: #232a31;\n font-size: 16px;\n line-height: 28px;\n }\n#spchp.permission-guide.hide {\n display: none;\n }\n\n/* speech panel */\n#spch.spch {\n background: #fff;\n height: 100%;\n left: 0;\n opacity: 0;\n overflow: hidden;\n position: fixed;\n text-align: left;\n top: 0;\n visibility: hidden;\n width: 100%;\n z-index: 10000;\n transition: visibility 0s linear 0.218s, background-color 0.218s;\n}\n#spch.spch .close-button {\n background-position: 0 0;\n width: 24px;\n height: 24px;\n border: none;\n cursor: pointer;\n right: 0;\n margin: 20px;\n padding: 0;\n position: absolute;\n top: 0;\n z-index: 10;\n opacity: 0.8;\n }\n#spch.spch .close-button:hover {\n opacity: 1;\n }\n#spch.spch .spchc {\n display: block;\n height: 97px;\n pointer-events: none;\n }\n#spch.spch .spchc .inner-container {\n width: 100%;\n height: 100%;\n opacity: 0.1;\n pointer-events: none;\n transition: opacity 0.318s ease-in;\n }\n#spch.spch .spchc .inner-container .spch-control {\n display: inline-block;\n }\n#spch.spch .spchc .inner-container .text-container {\n float: left;\n height: 91px;\n overflow: hidden;\n margin: 3px 0;\n pointer-events: none;\n width: calc(50% – 48.5px);\n }\n#spch.spch .spchc .inner-container .text-container p {\n display: table-cell;\n vertical-align: middle;\n width: 550px;\n height: 97px;\n }\n#spch.spch .spchc .inner-container .text-container .spcht {\n font-weight: normal;\n color: #6e7780;\n line-height: normal;\n opacity: 0;\n pointer-events: none;\n text-align: left;\n -webkit-font-smoothing: antialiased;\n transition: opacity 0.1s ease-in, margin-left 0.5s ease-in, top 0s linear 0.218s;\n }\n#spch.spch .spchc .inner-container .text-container .spcht.hide {\n display: none;\n }\n#spch.spch .spchc .inner-container .text-container #spcht-retry {\n color: #0f69ff;\n cursor: pointer;\n pointer-events: auto;\n }\n#spch.spch .spchc .inner-container .button-container {\n pointer-events: none;\n position: relative;\n transition: transform 0.218s, opacity 0.218s ease-in;\n }\n#spch.spch .spchc .inner-container .button-container .button {\n background-color: #fff;\n border: 1px solid #eee;\n border-radius: 100%;\n bottom: 0;\n box-shadow: 0 2px 5px rgba(0, 0, 0, 0.1);\n cursor: pointer;\n display: inline-block;\n left: 0;\n opacity: 0;\n pointer-events: none;\n position: absolute;\n right: 0;\n top: 0;\n transition: background-color 0.218s, border 0.218s, box-shadow 0.218s;\n }\n#spch.spch .spchc .inner-container .button-container .button .microphone {\n background-position: 0 -24px;\n width: 41px;\n height: 41px;\n left: 27px;\n pointer-events: none;\n position: absolute;\n top: 27px;\n transform: scale(1);\n }\n#spch.spch .spchc .inner-container .button-container.listening .ripple {\n position: absolute;\n width: 136px;\n height: 136px;\n z-index: -1;\n left: 50%;\n top: 50%;\n opacity: 0;\n margin: -70px 0 0 -70px;\n border-radius: 100px;\n -webkit-animation: ripple 3.3s infinite;\n animation: ripple 3.3s infinite;\n background-color: #fff !important;\n border: 2px solid #e0e4e9;\n }\n#spch.spch .spchc .inner-container .button-container.listening .ripple:nth-child(2) {\n -webkit-animation-delay: 1.1s;\n animation-delay: 1.1s;\n }\n#spch.spch .spchc .inner-container .button-container.listening .ripple:nth-child(3) {\n -webkit-animation-delay: 2.2s;\n animation-delay: 2.2s;\n }\n#spch.spch .spchc .inner-container .button-container.speaking .button {\n background-color: #0f69ff;\n }\n#spch.spch .spchc .inner-container .button-container.speaking .button .microphone {\n background-position: 0 -65px;\n width: 40px;\n height: 40px;\n pointer-events: none;\n position: absolute;\n transform: scale(1);\n }\n#spch.spch .spchc .inner-container .button-container.speaking .ripple {\n background-size: 114px;\n position: absolute;\n width: 114px;\n height: 114px;\n z-index: -1;\n left: 50%;\n top: 50%;\n margin: -57px 0 0 -57px;\n -webkit-animation: speakingRipple1 2s infinite;\n animation: speakingRipple1 2s infinite;\n }\n#spch.spch .spchc .inner-container .button-container.speaking .ripple:nth-child(2) {\n background-size: 123px;\n width: 123px;\n height: 123px;\n margin: -62px 0 0 -62px;\n -webkit-animation: speakingRipple2 2s infinite;\n animation: speakingRipple2 2s infinite;\n }\n#spch.spch .spchc .inner-container .button-container.speaking .ripple:nth-child(3) {\n background-size: 136px;\n width: 136px;\n height: 136px;\n margin: -68px 0 0 -68px;\n -webkit-animation: speakingRipple3 2s infinite;\n animation: speakingRipple3 2s infinite;\n }\n#spch.spch .spcho {\n background-image: linear-gradient(to bottom, rgb(255, 255, 255) 50%, rgba(255, 255, 255, 0) 99%);\n display: block;\n min-width: 100%;\n text-align: center;\n top: 145px;\n padding-bottom: 71px;\n pointer-events: auto;\n }\n#spch.spch .spcho #spch-trending {\n -webkit-animation: fadeIn 1s forwards;\n animation: fadeIn 1s forwards;\n opacity: 0;\n }\n#spch.spch .spcho #spch-trending .trending {\n color: #6e7780;\n display: inline-block;\n font-size: 16px;\n }\n#spch.spch .spcho #spch-trending #trending-label {\n font-weight: bold;\n margin: 5px 5px;\n }\n#spch.spch .spcho #spch-trending.hide {\n display: none;\n }\n#spch.spch.s2tb .spchc, #spch.spch.s2tb-h .spchc {\n background: #fff;\n box-sizing: border-box;\n box-shadow: 0 2px 6px rgba(0, 0, 0, 0.2);\n height: auto;\n margin: 0;\n min-width: 100%;\n overflow: hidden;\n padding: 24px 115px;\n }\n#spch.spch.s2tb .spchc .inner-container, #spch.spch.s2tb-h .spchc .inner-container {\n opacity: 1;\n transition: opacity 0.318s ease-in;\n }\n#spch.spch.s2tb .spchc .inner-container .text-container, #spch.spch.s2tb-h .spchc .inner-container .text-container {\n position: relative;\n }\n#spch.spch.s2tb {\n background: rgba(255, 255, 255, 0);\n opacity: 1;\n visibility: visible;\n transition-delay: 0s;\n }\n#spch.spch.s2tb .spchc .inner-container .button-container {\n transform: scale(1);\n height: 97px;\n right: 0;\n top: 0;\n width: 97px;\n }\n#spch.spch.s2tb .spchc .inner-container .button-container .button {\n opacity: 1;\n pointer-events: auto;\n position: absolute;\n transform: scale(1);\n transition-delay: 0;\n }\n#spch.spch.s2tb .spchc .inner-container .text-container .spcht {\n font-size: 24px;\n margin-left: 0;\n opacity: 1;\n transition: opacity 0.5s ease-out, margin-left 0.5s ease-out;\n }\n#spch.spch.s2tb #spch-overlay {\n -webkit-backdrop-filter: blur(10px);\n backdrop-filter: blur(10px);\n background-color: #fff;\n height: 100%;\n opacity: 0.9;\n position: absolute;\n top: 149px;\n\n /* spchc’s height */\n width: 100%;\n }\n#spch.spch.disable-blur-overlay #spch-overlay {\n background-color: transparent;\n -webkit-backdrop-filter: none;\n backdrop-filter: none;\n }\n#spch.spch.disable-blur-overlay .spcho {\n height: 27px;\n padding-bottom: 20px;\n background: #fff;\n background-image: none;\n box-shadow: 0 8px 6px -6px rgb(0 0 0 / 20%);\n }\n#spch.spch.s2tb-h {\n background: rgba(255, 255, 255, 0);\n opacity: 0;\n visibility: hidden;\n }\n\n@-webkit-keyframes fadeIn {\n 0% {\n opacity: 0;\n }\n\n 100% {\n opacity: 1;\n }\n}\n\n@keyframes fadeIn {\n 0% {\n opacity: 0;\n }\n\n 100% {\n opacity: 1;\n }\n}\n\n@-webkit-keyframes ripple {\n 0% {\n opacity: 1;\n transform: scale(0.7);\n }\n\n 100% {\n opacity: 0;\n transform: scale(1);\n }\n}\n\n@keyframes ripple {\n 0% {\n opacity: 1;\n transform: scale(0.7);\n }\n\n 100% {\n opacity: 0;\n transform: scale(1);\n }\n}\n\n@-webkit-keyframes speakingRipple1 {\n 0%,\n 100% {\n background-image: url(\”https://s.yimg.com/pv/static/img/ripple1-1-202105260611.png\”);\n }\n\n 25%,\n 75% {\n background-image: url(\”https://s.yimg.com/pv/static/img/ripple1-2-202105260611.png\”);\n transform: scale(1.1);\n }\n\n 50% {\n background-image: url(\”https://s.yimg.com/pv/static/img/ripple1-3-202105260611.png\”);\n transform: scale(0.9);\n }\n}\n\n@keyframes speakingRipple1 {\n 0%,\n 100% {\n background-image: url(\”https://s.yimg.com/pv/static/img/ripple1-1-202105260611.png\”);\n }\n\n 25%,\n 75% {\n background-image: url(\”https://s.yimg.com/pv/static/img/ripple1-2-202105260611.png\”);\n transform: scale(1.1);\n }\n\n 50% {\n background-image: url(\”https://s.yimg.com/pv/static/img/ripple1-3-202105260611.png\”);\n transform: scale(0.9);\n }\n}\n\n@-webkit-keyframes speakingRipple2 {\n 0%,\n 100% {\n background-image: none;\n }\n\n 25%,\n 75% {\n background-image: url(\”https://s.yimg.com/pv/static/img/ripple2-2-202105260611.png\”);\n transform: scale(1.1);\n }\n\n 50% {\n background-image: url(\”https://s.yimg.com/pv/static/img/ripple2-3-202105260611.png\”);\n transform: scale(0.9);\n }\n}\n\n@keyframes speakingRipple2 {\n 0%,\n 100% {\n background-image: none;\n }\n\n 25%,\n 75% {\n background-image: url(\”https://s.yimg.com/pv/static/img/ripple2-2-202105260611.png\”);\n transform: scale(1.1);\n }\n\n 50% {\n background-image: url(\”https://s.yimg.com/pv/static/img/ripple2-3-202105260611.png\”);\n transform: scale(0.9);\n }\n}\n\n@-webkit-keyframes speakingRipple3 {\n 0%,\n 25%,\n 75%,\n 100% {\n background-image: none;\n }\n\n 50% {\n background-image: url(\”https://s.yimg.com/pv/static/img/ripple3-3-202105260611.png\”);\n transform: scale(0.9);\n }\n}\n\n@keyframes speakingRipple3 {\n 0%,\n 25%,\n 75%,\n 100% {\n background-image: none;\n }\n\n 50% {\n background-image: url(\”https://s.yimg.com/pv/static/img/ripple3-3-202105260611.png\”);\n transform: scale(0.9);\n }\n}\n”, “”]);n// Exportsn/* harmony default export */ __webpack_exports__[“default”] = (___CSS_LOADER_EXPORT___);nnn//# sourceURL=webpack://@vzmi/voicejs/./src/index.css?./node_modules/css-loader/dist/cjs.js!./node_modules/postcss-loader/dist/cjs.js’)},”./node_modules/css-loader/dist/runtime/api.js”:
/*!*****************************************************!*
!*** ./node_modules/css-loader/dist/runtime/api.js ***!
*****************************************************/function(module){eval(‘nn/*n MIT License http://www.opensource.org/licenses/mit-license.phpn Author Tobias Koppers @sokran*/n// css base code, injected by the css-loadern// eslint-disable-next-line func-namesnmodule.exports = function (cssWithMappingToString) {n var list = []; // return the list of modules as css stringnn list.toString = function toString() {n return this.map(function (item) {n var content = cssWithMappingToString(item);nn if (item[2]) {n return “@media “.concat(item[2], ” {“).concat(content, “}”);n }nn return content;n }).join(“”);n }; // import a list of modules into the listn // eslint-disable-next-line func-namesnnn list.i = function (modules, mediaQuery, dedupe) {n if (typeof modules === “string”) {n // eslint-disable-next-line no-param-reassignn modules = [[null, modules, “”]];n }nn var alreadyImportedModules = {};nn if (dedupe) {n for (var i = 0; i < this.length; i++) {n // eslint-disable-next-line prefer-destructuringn var id = this[i][0];nn if (id != null) {n alreadyImportedModules[id] = true;n }n }n }nn for (var _i = 0; _i < modules.length; _i++) {n var item = [].concat(modules[_i]);nn if (dedupe && alreadyImportedModules[item[0]]) {n // eslint-disable-next-line no-continuen continue;n }nn if (mediaQuery) {n if (!item[2]) {n item[2] = mediaQuery;n } else {n item[2] = “”.concat(mediaQuery, ” and “).concat(item[2]);n }n }nn list.push(item);n }n };nn return list;n};nn//# sourceURL=webpack://@vzmi/voicejs/./node_modules/css-loader/dist/runtime/api.js?’)},”./src/index.css”:
/*!***********************!*
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This probably means that the value for the ‘insert’ parameter is invalid.”);n }nn target.appendChild(style);n }nn return style;n}nnfunction removeStyleElement(style) {n // istanbul ignore ifn if (style.parentNode === null) {n return false;n }nn style.parentNode.removeChild(style);n}n/* istanbul ignore next */nnnvar replaceText = function replaceText() {n var textStore = [];n return function replace(index, replacement) {n textStore[index] = replacement;n return textStore.filter(Boolean).join(‘\n’);n };n}();nnfunction applyToSingletonTag(style, index, remove, obj) {n var css = remove ? ” : obj.media ? “@media “.concat(obj.media, ” {“).concat(obj.css, “}”) : obj.css; // For old IEnn /* istanbul ignore if */nn if (style.styleSheet) {n style.styleSheet.cssText = replaceText(index, css);n } else {n var cssNode = document.createTextNode(css);n var childNodes = style.childNodes;nn if (childNodes[index]) {n style.removeChild(childNodes[index]);n }nn if (childNodes.length) {n style.insertBefore(cssNode, childNodes[index]);n } else {n style.appendChild(cssNode);n }n }n}nnfunction applyToTag(style, options, obj) {n var css = obj.css;n var media = obj.media;n var sourceMap = obj.sourceMap;nn if (media) {n style.setAttribute(‘media’, media);n } else {n style.removeAttribute(‘media’);n }nn if (sourceMap && typeof btoa !== ‘undefined’) {n css += “\n/*# sourceMappingURL=data:application/json;base64,”.concat(btoa(unescape(encodeURIComponent(JSON.stringify(sourceMap)))), ” */”);n } // For old IEnn /* istanbul ignore if */nnn if (style.styleSheet) {n style.styleSheet.cssText = css;n } else {n while (style.firstChild) {n style.removeChild(style.firstChild);n }nn style.appendChild(document.createTextNode(css));n }n}nnvar singleton = null;nvar singletonCounter = 0;nnfunction addStyle(obj, options) {n var style;n var update;n var remove;nn if (options.singleton) {n var styleIndex = singletonCounter++;n style = singleton || (singleton = insertStyleElement(options));n update = applyToSingletonTag.bind(null, style, styleIndex, false);n remove = applyToSingletonTag.bind(null, style, styleIndex, true);n } else {n style = insertStyleElement(options);n update = applyToTag.bind(null, style, options);nn remove = function remove() {n removeStyleElement(style);n };n }nn update(obj);n return function updateStyle(newObj) {n if (newObj) {n if (newObj.css === obj.css && newObj.media === obj.media && newObj.sourceMap === obj.sourceMap) {n return;n }nn update(obj = newObj);n } else {n remove();n }n };n}nnmodule.exports = function (list, options) {n options = options || {}; // Force single-tag solution on IE6-9, which has a hard limit on the # of

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Europe could see a devastating ‘Lehman Brothers’ event as power producers face $1.5 trillion in margin calls — here’s how governments across the region are stepping in

Wild swings in the price of natural gas — exacerbated by the halt of supply from the Russian Nord Stream 1 pipeline — is putting pressure on European power producers who now face liquidity challenges and margin calls from brokers.

Governments in Europe are looking at their options to help the producers, which will be critical in warming the continent through a looming winter — potentially without any natural gas flowing from the Nord Stream 1, the most significant supply line to Europe.

Much of Europe has aligned against Russia’s invasion and months of attacks in Ukraine, and Russia has frequently signaled its readiness to halt Nord Stream 1 in response. Now that that’s happened, the markets have predictably responded with volatility. Prices have risen and fallen with breathtaking speed, turning cost certainty into, well, a pipedream.

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Running between the Russian city of Vyborg to Greifswalk in northern Germany, Nord Stream 1 is a vital line that when shut could plunge Europe — only now coming out of intense summer heat that strained the grid — even deeper into an energy crisis.

Russia’s move to halt Nord Stream triggered gas price spikes, adding to the continent’s troubles amidst a sinking Euro and slumping financial markets.

For European utilities, the peril is more complex than Nord Stream going dry. Some are wondering if this marks a sort of “Lehman Brothers” moment for Euro power providers, recalling the days of the United States 2008 housing crisis when risky loans came due on mortgages that buyers ultimately couldn’t afford.

Russia’s cutoff and its effect on natural gas pricing have forced a string of margin calls, which occur when an account’s equity falls below a minimum amount required by the broker. When that happens, brokers usually demand that additional funds be deposited into the account or that assets be sold.

The scenario spotlights a longstanding practice by energy utilities, which typically sell power far in advance in order to guarantee a price. In a volatile market, that strategy becomes a weakness, as utilities must keep a minimum margin should they default before they supply the power.

With prices rocketing up, brokers are making margin calls and forcing utilities to shop around for cash.

Sensing the potentially devastating effect on Europe’s ability to tap reliable energy through a cold winter, governments including Germany, Sweden and Finland have stepped in to shore up flagging utility accounts.

Germany is providing a 7 billion euro package to companies, while Finland and Sweden announced a $33 billion emergency liquidity package — using loans and credit guarantees — to help struggling producers.

For everyday Europeans, the consequences of the market volatility spotlights its profound reliance on natural gas from Russia and its reluctance, at least so far, to adequately curb energy consumption in the face of a widening crisis.

In July, all 27 EU member states voluntarily agreed to cut their gas demand by 15% this winter, but European countries have so far been slow to heed the call. The EU has already signaled that mandatory energy cuts will be considered.

There is some room for optimism. European countries have been busy stockpiling gas before the cutoff, and many believe Russia’s halt marks its most impactful play against European sanctions over Ukraine.

But the first order of business may be understanding how many European power utilities may be at risk of failure because of the margin calls, and what EU governments are prepared to do in response.

What to read next

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This article provides information only and should not be construed as advice. It is provided without warranty of any kind.

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Negotiations with Russia currently impossible Zelenskyy

KATERYNA TYSHCHENKO – SATURDAY, 10 SEPTEMBER 2022, 23:55 President Volodymyr Zelenskyy of Ukraine stressed that it remains impossible to negotiate the end of the war with the Russian Federation because it has failed to formulate any adequate positions.

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BofA Says ‘Appalling’ Mood Fuels $11 Billion US Stocks Exodus

(Bloomberg) — Investors are rushing out of US equities as the likelihood of an economic downturn increases amid a myriad of risks, according to Bank of America Corp. strategists.Most Read from BloombergCharles Becomes King as the Face of a Nation ChangesDouble Rainbow Appears Over Buckingham Palace as Crowd Gathers to Mourn QueenUkraine Army’s Breakthrough in North Threatens Russian GripQueen Elizabeth’s Doctors Are Concerned for Her HealthQueen Elizabeth II, Britain’s Longest-Reigning Monarch,

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Amanda Batula Shares a Steamy Bikini Pic in an Outdoor Shower

Amanda Batula rocked plenty of stylish swimwear during her recent vacation to Italy with husband Kyle Cooke, but her latest bikini-clad photo from the trip might just be her steamiest yet. On September 8, Amanda took to Instagram to share a sizzling swimwear picture. In the sepia-toned snapshot, the Summer House cast member can be seen donning a teeny two-piece while posing in an outdoor shower. The photo captures Amanda rinsing off in the cliffside shower while wearing a barely-there bikini, wh

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A Natural-Gas Crisis in Europe Creates a Fertilizer Boom in North America

U.S. and Canadian fertilizer stocks have thrived as the war in Ukraine has driven up the price of natural gas, a feedstock for fertilizer, in Europe. The good times could last awhile. Plus, Apple’s ho-hum launch day.

Ukrayinska Pravda

Diversionary measures: Russia finally comments on Ukrainian liberation of places in Kharkiv Oblast

KATERYNA TYSHCHENKO – SATURDAY, 10 SEPTEMBER 2022, 17:24 The Ministry of Defence of the Russian Federation claimed that they had relocated troops from Balakliia and Izium in Kharkiv Oblast to the Donetsk front to achieve the goals of the “special military operation”, and also conducted a number of diversionary measures and demonstrative activities.

TipRanks

Down More Than 40%: These 2 ‘Strong Buy’ Stocks Are Trading at Rock-Bottom Prices

A strong bearish trend defined the markets in the first half of the year; since then, the key point has been volatility. Stocks hit a bottom back in June, when the S&P 500 dropped into the 3,600s. That has proven to be a support level in the last two months, and at least one strategist believes that the market won’t be testing those lows again this year. JPMorgan’s Jason Hunter believes that inflation may have peaked, and that the upcoming CPI report will provide additional evidence of that. “We

SmartAsset

IRS Changes How Your Beneficiaries Receive Retirement Funds

In an effort to streamline the regulation that governs how retirement accounts can be used, the IRS has proposed a change for 403(b) plans – a type of workplace retirement plan use mostly by public and non-profit employees. Employer-sponsored plans … Continue reading -> The post The IRS Is Changing How Your Beneficiaries Receive Your Retirement Funds appeared first on SmartAsset Blog.

MarketWatch

Senators introduce the next retirement savings proposal – the EARN Act

The EARN Act is the latest addition to the lineup of proposals legislators have put forth to bolster retirement savings. Senators Ron Wyden, a Democrat from Oregon, and Mike Crapo, a Republican from Idaho, introduced the Enhancing American Retirement Act on Thursday. “Americans deserve dignified retirements after decades of hard work, and our bill is an important step forward,” Wyden said in a statement.

Reuters

Porsche wants to be ready for IPO as early as possible, exec tells Il Sole 24 Ore

Porsche AG wants to be ready for a planned stock market listing as early as possible, an executive at the luxury sportscar unit of Volkswagen was quoted as saying on Saturday, as investors showed huge interest in the initial public offering (IPO). “We welcome a strong interest in our company and we are confident despite challenging market conditions”, Porsche finance chief Lutz Meschke told Italian daily Il Sole 24 Ore. Porsche published a so-called intention to float on Monday for a share sale to be launched in late September or early October and completed by year end, but added the listing and timing were “subject to further capital market developments”.

Ukrayinska Pravda

Zelenskyy decorates CEO of Baykar, manufacturer of Bayraktar drones

ALONA MAZURENKO – FRIDAY, 9 SEPTEMBER 2022, 21:02 President Volodymyr Zelenskyy of Ukraine held a meeting with Haluk Bayraktar, the Chief Executive Officer of Baykar, a Turkish business that manufactures Bayraktar drones.

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Russia gives up key northeast towns as Ukrainian forces advance

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