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Tesla to invest over $500 million to expand its network of EV fast charging stations 05/13/2024

UK authorities cut stake in NatWest bank below 27 per cent 05/14/2024

Bloomberg reports of agreement to use ChatGPT features in the iPhone 05/13/2024

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World & Politics

Palestinian Red Crescent receives 106 truckloads of humanitarian aid

Egypt delivered 106 truckloads of humanitarian aid to the Palestinian Red Crescent Society in Gaza. The trucks entered the country via the Rafah crossing. "PRCS teams today received 106 truckloads of aid from the Egyptian Red Crescent through the Rafah crossing, in addition to five ambulances from...

EC condemns spike in anti-Semitic incidents in Europe

The number of anti-Semitic incidents in Europe has reached an all-time high in recent days, reminiscent of "the darkest times in history," according to a statement from the European Commission. The number of anti-Semitic occurrences in Europe in recent days has reached "extraordinary" proportions,...

Allies In The Indo-Pacific Shouldn't Have To Decide Between The US And China - US Treasury Secretary

The US Treasury Secretary Janet Yellen made an effort to reassure Asian nations that America's strategy towards China would not result in a "disastrous" split of the world economy that would compel them to choose sides. Yellen stated in a speech prior to the Asia Pacific Economic...

Japanese government approves $112bn economic stimulus package

According to the Nikkei newspaper, Japan's government has approved an economic stimulus plan worth 17 trillion yen ($112 billion), which includes temporary reductions on residence and income taxes. At a press conference on Thursday, Japanese Prime Minister Fumio Kishida stated, "The pace of wage...

US and China set to hold talks on nuclear weapons

Next week, the US and China are scheduled to have nuclear arms control talks, according to Bloomberg referencing a U.S. government official. Washington wants to undertake these discussions "amid growing concerns over Beijing's accelerated buildup of its atomic weapons arsenal," according to the...

UN Secretary General criticize Israel for intensifying military action in Gaza

The Times of Israel newspaper cited UN Secretary General António Guterres' comments as claiming that he had warned of a dramatic deterioration of the humanitarian situation in the Gaza Strip, criticized Israel for stepping up military action, and again called for a ceasefire. "The situation in the...

US demands Nvidia stop supplying AI chips to China

The US ordered Nvidia to cease providing some chips to the PRC without a license. According to a statement issued by the US Securities and Exchange Commission, the US government has ordered that US graphics card manufacturer Nvidia immediately cease selling some of its high-performance chips for...

EC allocates another €1.5bn of macro-financial aid to Ukraine

The European Commission (EC) declared on Tuesday that, as part of a macrofinancial aid package worth up to €18 billion for 2023, it had given €1.5 billion to Ukraine the day before. "The EU remains steadfast in its backing of Ukraine. We have given Ukraine an additional €1.5 billion in financial...

IEA: 80 million kilometres of transmission lines need to be replaced globally by 2040

It will be necessary to replace or add around 80 million kilometers to the world's transmission line capacity by 2040. The International Energy Agency (IEA) projects that this kind of modernization is necessary to help nations achieve their energy security and climate change objectives. This is...

US eases sanctions on Venezuela after Maduro's deal with opposition

The US has loosened sanctions on Venezuela's gold, gas, and oil industries in response to an agreement reached between Maduro and the opposition over the parameters of the nation's 2024 elections. The US President Joe Biden administration has generally loosened sanctions against Venezuela, which...