# RATIONING BEGINS

By [OfsakVida](https://paragraph.com/@made3) · 2022-07-21

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### NUMBER OF THE DAY: 98%

Macao's casinos are hemorrhaging cash under China's strict Covid-19 lockdown orders. The former Portuguese colony-turned-gambling mecca was already hamstrung by the drop in travel during the pandemic, and now analysts are predicting things are about to go from bad to worse. Gross gambling revenue [is expected to fall 98%](https://www.cnn.com/2022/07/20/business/macao-covid-lockdown-casinos-slump-intl-hnk/index.html) this month compared with July 2019 — and that's assuming casinos reopen next week.

### RATIONING BEGINS

Temperatures are scorching across Europe, but leaders are already planning for what may be a long, painful winter.

Here's the deal: The European Union unveiled its emergency gas rationing plan on Wednesday, urging its 27 member states to curb gas demand by 15% and push manufacturers to adopt alternative energy sources.

This is the rationing moment many Europeans feared would result from Russia's invasion of Ukraine in February.

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*Originally published on [OfsakVida](https://paragraph.com/@made3/rationing-begins)*
