Stellantis, a major car manufacturer in Italy, faced a significant drop in production during the first half of the year, down 25% compared to last year. The decline was especially sharp at plants like Melfi and Mirafiori, where production fell by as much as 63%. Delays in government subsidies for
Saudi Arabia has warned it might sell off European debt if the G-7 seizes $300 billion in frozen Russian assets to support Ukraine. This threat highlights Saudi Arabia’s economic power and concerns that similar actions could target Gulf states in the future. The G-7, including the US and UK, supports
Hosting the Olympics, as seen with Paris 2024 and Los Angeles 2028, often sparks debates on its true economic impact. Despite grand promises, the Games frequently strain city budgets, leaving taxpayers to foot hefty bills. Everyone seems to like the Olympics. Every two years, people rally behind their country’s athletes
The U.S. has indefinitely postponed the military exercise “NOBLE PARTNER” with Georgia, originally set for July 2024, due to tensions over Georgia’s accusations against the U.S. and Western allies of pushing them to confront Russia and attempting coups. The U.S. Defense Department cited these allegations and deemed it an inappropriate
Discover the incredible journey of a Titian masterpiece, “The Rest on the Flight into Egypt,” stolen in 1995 from a British marquess’s home and miraculously found seven years later in a plastic bag at a London bus stop by an art detective. This stunning Renaissance painting, known for its vivid
In a pivotal ruling, the High Court in London has sided with Moderna in a patent dispute against Pfizer and BioNTech over their COVID-19 vaccines. The court found that Pfizer-BioNTech’s use of mRNA technology infringed on Moderna’s patented process involving modified RNA. Despite Pfizer and BioNTech’s arguments, the court upheld
Russian experts have discovered a critical flaw in the U.S.-made ATACMS missiles, revealing that their cluster munitions sometimes fail to detonate upon landing. These tennis ball-sized explosives, packed with tungsten for deadly shrapnel, pose a hidden danger as they remain live and sensitive to movement. This revelation could significantly impact
Starting from July 7, 2024, all new cars sold in Europe must include Intelligent Speed Assistance (ISA) systems, which automatically limit vehicle speeds to match legal limits using GPS and cameras. While not mandated in the UK yet, most UK models are expected to adopt this technology. The system alerts
Discover the shocking truth behind some of Italy’s luxury handbags: Italian prosecutors have uncovered that major fashion houses like Dior and Armani are using exploited foreign labor to assemble their high-priced products. Court documents reveal that bags sold for thousands of dollars are manufactured for a fraction of the cost