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Tesla Stock Plunges Amid Shocking Developments from China
Tesla's stock has taken a hit following surprising news from China, a key market for the electric vehicle manufacturer. The news has sparked concerns among investors, leading to a decline in the company's stock price. The announcement has significant implications for Tesla's business, and the company's stock is likely to remain volatile in the coming days. Investors are closely watching the situation, awaiting further developments and potential repercussions for the company. Read the full story…
Orbán and Macron Set for Paris Summit on Ukraine Crisis
European Union governments are set to receive loans of up to €150 billion to boost military spending and strengthen defense infrastructures. The plan aims to address the need for increased unity and security in the region, with some countries seeking to derail joint European efforts to support Ukraine. Read the full story here
Israel Extends Olive Branch to European Far-Right, Draws Line at German Extremists
Israel has begun reviewing potential relations with three European right-wing nationalist parties: the National Rally in France, the Sweden Democrats, and Vox in Spain. The Israeli Foreign Ministry is examining each party's attitudes towards Israel and their support for combating antisemitism, with a focus on their deeds and actions rather than their past affiliations. Read the full story here
Beijing’s Rising Global Influence: How China is Stepping into the Vacuum Left by US Isolationism
China is expected to contribute over a fifth of the United Nations budget this year, increasing its influence over the international body as the U.S. scales back its engagement. The U.S. has been shifting away from multilateral cooperation, with President Donald Trump signing an executive order to exit the Paris climate accord for a second time, signaling a continued move away from global cooperation under his administration. Read the full story here
Beijing Launches WTO Challenge Against Washington’s Trade Levies
China has filed a complaint with the World Trade Organization (WTO) regarding tariffs imposed by the United States. The complaint alleges that the US tariffs violate international trade rules. The move is seen as a response to the US trade policies, which have been a point of contention between the two countries. The WTO will review the complaint and determine whether the US tariffs are in compliance with global trade agreements. Read the full story…
Ford Axes Major Satellite Deal in Retaliation Against Tariffs
Ontario Premier Doug Ford has announced the cancellation of a $100-million contract with Starlink, a satellite internet company owned by Elon Musk, as part of retaliatory measures in the North American trade war. The province will also ban all US-based companies from participating in provincial procurement, with Ford stating that contracts will not be awarded to those who "encourage economic attacks" on Canada, and that the province is willing to fight in court if necessary.…
US and Ukraine Set to Ink Landmark Minerals Agreement Amid Global Market Shifts
The United States and Ukraine are set to sign a minerals deal on Tuesday, according to sources. This deal aims to strengthen cooperation between the two countries in the mining sector. The agreement is expected to facilitate the export of critical minerals from Ukraine to the United States, promoting economic growth and development in both nations. Read the full story here
Ukraine President Sets Stage for Peace, Calls on Russia to Reciprocate
Ukrainian President Volodymyr Zelenskyy has proposed initial steps towards a lasting peace, including the release of prisoners and a ceasefire in the sky and at sea, provided Russia reciprocates. Zelenskyy emphasized the need for a mutual agreement, stating that immediate action could lead to a strong final deal with the support of the US. Read the full story here
German Coalition Unveils Multibillion-Euro Stimulus Plan Amid Economic Uncertainty
Germany's likely next chancellor, Friedrich Merz, has announced plans to raise hundreds of billions of euros to boost defense and infrastructure. This move comes amid concerns that the United States is losing interest in Europe and the NATO alliance. The plan includes altering the German constitution to ease controls on defense expenditure and creating a €500 billion special fund for industrial and infrastructural investments. The goal is to stimulate Germany's economy and demonstrate its ability…
Chaos Erupts in Serbian Parliament as Smoke Bombs Detonate Amid Medical Emergency
Serbia's parliament was disrupted by opposition lawmakers who threw smoke grenades and tear gas to protest against the government. The chaos marked a dramatic escalation to the student-led protest movement that has brought the country to a standstill. The protests began after a railway station canopy collapsed in Novi Sad, killing 15 people, and have since drawn in large swaths of Serbian society. The movement is seen as a threat to the hardline rule of…