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Tesla Stock Hits 9-Month Low, Emerges as S&P 500’s Weakest Performer Amid Musk Controversies and Lingering Concerns

TOPLINE Tesla shares experienced a downturn on Monday, reaching their lowest level since last May, marking a continuation of the 2024 decline for Elon Musk’s electric vehicle company, which is trailing behind other prominent technology stocks.   KEY FACTS Tesla’s stock dropped by as much as 6% to $175 before recovering slightly by market close, […]

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China’s incoming top envoy pledges a fresh approach to the United States

In a discreet visit to Washington, a 59-year-old Chinese career diplomat, Liu Jianchao, has pledged to transform China’s image of “wolf warrior” diplomacy and enhance cooperation between China and the United States. Liu Jianchao, the head of the International Department of the Chinese Communist Party (CCP), is being touted by the media as a prominent

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Namibian President Geingob Passes Away in Hospital During Treatment

Namibian President Hage Geingob passed away on Sunday while undergoing medical treatment, as announced by his office. He was 82 years old. The Namibian presidency shared the news on the social media platform X, stating that Geingob’s medical team at Lady Pohamba Hospital had made every effort to assist him, but he succumbed to the

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Mark Zuckerberg’s fortune skyrockets by $27 billion as Meta experiences a remarkable rally.

Meta Platforms Inc. returns with a bang, propelling Mark Zuckerberg’s fortune to new heights. Following Meta’s quarterly results surpassing Wall Street’s projections, the Facebook co-founder’s net worth surged by an impressive $27.1 billion. This surge lifted his wealth to $169.5 billion, marking his highest net worth to date and catapulting him past Bill Gates to

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How a Russian Barrage Evaded Ukraine’s Defenses to Wreak Deadly Chaos

For an extended period, Ukraine has relied on robust air-defense systems from Western sources to thwart Russian missile attacks, instilling a sense of security among its citizens, particularly in major cities like Kyiv. However, on Friday, this defense shield revealed vulnerabilities.   In one of the most substantial air offensives of the war, Russia unleashed

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A Ukrainian missile strike on a Russian city results in the reported death of at least 22 individuals, according to officials.

On Saturday, Russian authorities reported that a Ukrainian assault on the city of Belgorod resulted in at least 22 fatalities and nearly 110 injuries. This marks the deadliest single attack on a Russian city since the conflict’s onset nearly two years ago, according to officials. The Russian Defense Ministry stated that Ukraine targeted Belgorod, a

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Netanyahu declares the continuation of the Gaza war for ‘many more months’ as the U.S. greenlights new arms sales to Israel.

Gaza Strip’s DEIR AL-BALAH (AP) — Israel’s war on Hamas in Gaza will last for “many more months,” according to Prime Minister Benjamin Netanyahu on Saturday, defying repeated pleas by the international community for a cease-fire in response to the growing number of civilian casualties, famine, and mass evictions in the besieged region. Netanyahu expressed

Netanyahu declares the continuation of the Gaza war for ‘many more months’ as the U.S. greenlights new arms sales to Israel. Read More »

In 2024, Inflation Will Return to Normalcy for Much of the World at Last

Termed a Christmas miracle, global inflation is decelerating faster than anticipated, with expectations that this trend will persist into the coming year, returning inflation to normal levels for the first time in three years. According to Goldman Sachs economists, core inflation (excluding food and energy) in economies, including the U.S., Europe, and various emerging markets,

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