Two new launches pointed to the increased demand for EVs at the top end of the car market. Ferrari is expected to today unveil the almost $600,000 Luce, its first ever EV, marking a major departure for the Maranello-based brand, which has long been known for making some of the ...
Author: admin
US-Saudi venture to build Shahed drone clones in RiyadhUS-Saudi venture to build Shahed drone clones in Riyadh
The Scoop A joint venture between a US defense startup and a Saudi firm is building a factory near Riyadh to manufacture combat drones modeled on Iran’s Shahed system, which has been used to pummel Gulf countries over the past few months. The facility is being developed by SR2Vector, a ...
Kenya’s mobile money tax plans threaten M-Pesa growthKenya’s mobile money tax plans threaten M-Pesa growth
The News Kenya’s proposed new taxes risk hampering the growth of fintechs and mobile money services, with Safaricom’s M-Pesa likely to be the worst hit, experts told Semafor. Kenya President William Ruto’s administration is seeking to impose a new 16% value-added tax on services by payment service providers including M-Pesa ...
How China forced Europe to reconsider Africa’s industrializationHow China forced Europe to reconsider Africa’s industrialization
For decades, African leaders, from Ghana’s Kwame Nkrumah to Tanzania’s Julius Nyerere, made a simple argument to Europe and the industrialized world: No continent can sustainably develop while serving mainly as a supplier of raw materials and a consumer of finished goods. That argument was long dismissed as ideological nostalgia ...
The world is heading toward a financial crisis – the state of US politics has left us ill-preparedThe world is heading toward a financial crisis – the state of US politics has left us ill-prepared
Trump’s second term has revealed that Washington’s policy response to such a crisis will be misguided and full of chaos A bona fide financial crisis has not broken out since the US housing meltdown of 2007. Even the Covid pandemic and subsequent upsurge in inflation didn’t lead to financial upheaval. ...
Is it true that … we should all be taking creatine?Is it true that … we should all be taking creatine?
The supplement is a proven sports performance enhancer, but research is ongoing and for most people it’s an optional extra, not an essential Once the preserve of bodybuilders and sprinters, creatine is now being touted as everything from a brain booster to a healthy-ageing essential. But should we all be ...
The language of the American presidency doesn’t apply to Trump | Robert ReichThe language of the American presidency doesn’t apply to Trump | Robert Reich
Trump and his allies have so undermined the US government that we need a new vocabulary to describe them Words matter. When describing a government, they inevitably carry moral weight. Over the past 16 months, Trump and his appointees have so profoundly undermined the United States government that different words ...
The questions raised by the Murrell embezzlement controversyThe questions raised by the Murrell embezzlement controversy
Thecase has been hanging over the SNP like a toxic cloud since the police investigation began five years ago. ...
Deal with US not imminent, Iran saysDeal with US not imminent, Iran says
The US secretary of state earlier said that an agreement could possibly come on Monday. ...
Rubio says ‘solid’ Iran deal may come on MondayRubio says ‘solid’ Iran deal may come on Monday
The deal under discussion would involve a 60-day ceasefire extension during which the Strait of Hormuz would be reopened, US media reports. ...