In photos straight from an apocalypse film, Reuters captures three destroyed Tesla vehicles following a fire at a Tesla dealership in Rome, Italy. In Berlin, Germany, protesters spray painted a Tesla dealership in protest of Elon Musk. Protesters in Texas, California, and New York are captured holding signs in protest.
Read MoreSince entering office, United States President Donald Trump has implemented bold budget cuts, impacting domestic and international policies and livelihoods. On January 25, Trump signed an executive order demanding the U.S. begin its budget cuts and withdraw from numerous United Nations (UN) human rights initiatives. These actions will impact global crises, as the pause in billions of dollars of funding by the U.S. will affect “…nearly all US foreign aid programs”, according to the United Nations.
Read MoreThe United States’ battle against fentanyl has taken on a new dimension as economic policies, particularly tariffs, intersect with security efforts to curb drug trafficking. Despite billions in U.S. security aid, cartel influence persists, with most fentanyl entering the U.S. through the southern border. In 2024 alone, over 21,000 pounds of fentanyl were seized at U.S. entry points, reports The Associated Press.
Read MoreChina is currently facing difficulties recovering from the fallout of a real estate crisis and dealing with low consumer confidence, deflationary pressures, and trade tensions with the United States. The Chinese government has set an optimistic economic growth target of 5 percent for the year, but economic uncertainty has hit younger generations especially hard. The urban unemployment rate for 16- to 24-year-olds is around 16 percent, according to Global Times, and youth feel uncertain about future careers and financial opportunities, leading to lessening popularity of paying to see movies in theaters. All of this makes the recent success of “Ne Zha 2” all the more surprising.
Read MoreIn 2021, Toyota celebrated and began its ambitious “Woven City” plan. Named to honor Toyota’s beginning in automatic textile looms, Sakichi Toyoda simply wanted to help his mother who toiled on a manual loom. A $10 billion project, Toyota does not want to profit from its eco-friendly research hub. Instead, Toyota plans to foster innovation and future mobility located under the beautiful Mount Fuji.
Read MoreWhen it comes to businessmen building empires, the United States has Jeff Bezos, Elon Musk, and Mark Zuckerberg. China had Jack Ma.
Read MoreLate last week, Donald Trump stated that he is planning on proportioning taxes that are applied on U.S. goods by other countries, per The Associated Press. These corresponding tariffs have so far been solely addressed in statements, with no order yet made. However, the possibility of a trade war between the U.S. and its trade partners, including close allies, is greatly increasing.
Read MoreOn January 27, Wall Street was upended by an unprecedented event: Nvidia’s stock crashed by 17 percent, wiping out $589 billion in market value in a single day, the largest loss of a company in United States history. The catalyst behind the sudden crash was the announcement of DeepSeek, a Chinese startup that has developed a generative artificial intelligence (AI) model that is cheaper and more resource-efficient than its American counterpart, ChatGPT.
Read MoreThe National Football League (NFL) owners voted to allow private equity funds to buy limited stakes in teams on August 27, according to the NFL. Fans will not see immediate changes in the way teams are run, but the change is likely to affect existing NFL owners and future sales of teams, the NFL writes.
Read MoreThe current Israel-Hamas conflict has been going on for a little more than a year now, starting on October 7, 2023. This conflict has created significant uncertainty in global markets, resulting in volatile energy prices, particularly in the Middle East, a key oil and gas producer.
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