Russia sees Ukraine’s abandonment of its goal of NATO membership as the “cornerstone” for further talks to end the war. Ukrainian President Volodymyr Zelenskyy accommodated the Russians on Sunday by abandoning that goal. He does, however, want security guarantees from the West. “This matter is one of the cornerstones and requires special talks,” Kremlin spokesman […]
The International Energy Agency (IEA) has lowered its forecast for a global oil surplus this year and next for the first time in several months. According to the agency, this is due to rising oil demand and slower production growth. Global supply will exceed oil demand by 3.815 million barrels per day in 2026. This […]
Elon Musk believes the EU should be disbanded. The American billionaire made this comment in response to the EU’s multi-million dollar fine against his messaging service X. The European Commission imposed a fine of 120 million euros on X for violating European rules, including misleading information about blue check marks. These check marks previously made […]
The European Union plans to launch an investigation into WhatsApp’s AI features, according to the Financial Times. The investigation will reportedly focus on how the American social media company Meta Platforms integrated its Meta AI system into the messaging service this year. It is unclear exactly which aspect of the integration of AI functions the […]
The price of Bitcoin fell back to its lowest level since April this year on Monday. The world’s largest cryptocurrency seemed to be holding above $91,000 in recent days, but fell back below $86,000 on the first day of December. Bitcoin has come under significant pressure since reaching a record high of over $126,000 in […]
Britain’s left-wing Starmer government is approaching its moment of truth. Today, Chancellor of the Exchequer Rachel Reeves will present the budget. The red briefcase containing the hefty document is still sealed, and the government has been delivering mixed messages in recent weeks. But it seems clear that new tax increases are coming. Or not? “We […]
EasyJet increased its revenue and profit in the past financial year. The budget airline benefited from its rapidly growing division, which offers complete holidays. This performed so well that easyJet has raised its profit target for this division to 2030. Profit before interest and tax amounted to £703 million in the twelve months to September. […]
Former British Prime Minister David Cameron has undergone treatment for prostate cancer. He is now demanding that the British government implement a preventative program with timely screenings and is urging his fellow citizens to get tested promptly. “I don’t particularly enjoy talking about my personal health issues, but I feel I have to. Let’s face […]
Social media giant Meta has won a major monopoly lawsuit in the United States. A judge in Washington ruled that the acquisition of Instagram and WhatsApp did not violate US competition rules. This allows Meta to avoid a potential forced breakup, something regulators had been seeking. The case was brought by the U.S. Federal Trade […]
Bitcoin has given up its year-to-date gains just over a month after reaching a new record high. The currency has fallen by around thirty percent. The world’s largest and oldest cryptocurrency reached a new record high of over $126,000 in early October. Since then, the price has fallen below the $94,000 level reached at the […]
