The Daily Beast Implodes: Senior Editors And 70% Of Unionized Staffers Exit Amid Massive Buyouts
The Daily Beast is dismantling its senior editorial team following voluntary buyouts last month. Senior staff members like Justin Baragona, Jose Pagliery, and Pilar Melendez are exiting, resulting in 70% of unionized employees leaving. Following voluntary buyouts last month, which resulted in the departure of over 70% of unionized employees, The Daily Beast is dismantling […]
Despite Sanctions Russia Overtakes U.S. As Top Gas Supplier To Europe
Despite sanctions, Russia has surpassed the US as Europe’s primary gas supplier, according to recent data. Efforts to reduce reliance on Russian gas have faltered, raising concerns over geopolitical implications and energy security. The recent sabotage of the Nord Stream pipeline only seems to validate this particular “conspiracy theory.” Some of the more cynical elements […]
G7 Nations Promote India-Middle East-Europe Economic Corridor To Counter China’s Belt & Road Initiative
At the G7 Summit attended by Prime Minister Narendra Modi, industrialized nations pledged support for the India-Middle East-Europe Economic Corridor (IMEC) as a counter to China’s Belt and Road Initiative. After three days of talks that Prime Minister Narendra Modi attended, the industrialized nations that make up the Group of Seven (G7) pledged to support […]
India’s Rise In The Global Supply Chain
India’s ascent in the global supply chain is evident as businesses like FedEx, Foxconn, and Apple expand operations. The nation’s favorable incentives and diverse industries make it an attractive manufacturing hub. To lower risk and improve cost and lead time flexibility, a lot of supply chain leaders are expanding their supply chains throughout different parts […]
Saudi Arabia Ends 80-Year Petrodollar Deal With US
Saudi Arabia’s termination of its 80-year petrodollar deal on June 9, 2024, may reshape global oil markets, as it considers selling oil in currencies like the Chinese yuan, impacting US economic dominance. According to media sources, Saudi Arabia has chosen not to extend its 80-year petrodollar agreement with the United States, which ended on Sunday, […]
Russia’s Bold Move Exporting Coal To India Via Iran Shakes Up Global Politics
Russia’s plan to export coal to India via Iran announced during the BRICS transport ministers’ meeting at SPIEF on February 18, 2024, signals a significant geopolitical shift, challenging US influence. Russia Plans Coal Exports to India Via Iran According to ShippingNews Russia intends to ship coal via Iran to India. Russia has announced plans to […]
G7’s Agrees Using Russian Assets To Fund $50 Billion Ukraine Loan
G7 leaders reached an agreement to utilize frozen Russian assets as collateral for a $50 billion loan to Ukraine, with the Biden administration emphasizing that Russia will bear the repayment responsibility. Leaders of the Group of Seven (G7) met in Italy on Thursday and decided to provide Ukraine with a loan secured by assets that […]
Here Is How Much Income You Need For Comfortable Living Across U.S. States
According to the MIT Living Wage Calculator, Massachusetts tops the list, requiring $116,022 yearly, while West Virginia is the most affordable at $78,790. To live comfortably, a person in the top 11 most expensive states in the union must earn more than $100,000 annually. Bruno Venditti of Visual Capitalist created this map, which illustrates the […]
Tesla Shareholders Approve Elon Musk’s Historic $56 Billion Pay Package Amid Controversy
In a landmark decision amidst heated debate, Tesla shareholders have greenlit Elon Musk’s unprecedented $56 billion compensation package, alongside the relocation of the company’s legal headquarters to Texas. Elon Musk announced on social media on Wednesday that Tesla shareholders were voting in favor of a $56 billion compensation package for him as well as relocating […]
Trump Wants Bitcoin “Made In The USA”
In a recent move indicative of his ongoing support for the Bitcoin mining industry, former President Donald Trump met with CEOs from leading US crypto mining companies, expressing his desire for the entirety of Bitcoin production to be made within the United States. Following a meeting with several CEOs from US crypto mining companies on […]