Author: Lester Holt

Tesla Struggles to Keep Pace Tesla’s European sales fell sharply in July, dropping 40% compared with the same month last year. The European Automobile Manufacturers’ Association (ACEA) reported 8,837 Tesla vehicles registered across the EU, the UK, and the European Free Trade Association, down from 14,769 in July 2024. Even with updates to the Model Y, the company is facing mounting challenges in the region. BYD Expands Rapidly BYD saw registrations soar to 13,503 last month, more than triple the 4,151 recorded in July 2024. Its market share rose to 1.2%, surpassing Tesla’s 0.8%. With competitively priced vehicles and aggressive…

Delivery Timeline Accelerated The U.S. aircraft manufacturer will supply 25 planes to the Irish budget carrier earlier than originally planned. Instead of next spring, the 737 MAX jets are now scheduled to be delivered in October, Ryanair CEO Michael O’Leary said on Wednesday. He praised the build quality of the planes as “exceptional” and expressed confidence that U.S. regulators would approve them quickly. Continued Challenges for Boeing Boeing has long faced scrutiny over safety and production issues. The 737 MAX was involved in multiple crashes caused by technical malfunctions, including one incident where a cabin door detached mid-flight. In response,…

U.S. Trade Measures Pressure Indian Exports The United States has enacted a 50% tariff on Indian imports, targeting products such as garments, seafood, and precious stones. The move is expected to challenge exporters and escalate trade tensions between the two nations. Encouraging Homegrown Products and National Pride Prime Minister Narendra Modi has called on citizens to prioritize Indian-made goods. During his Independence Day address, he encouraged shop owners and consumers to promote and purchase local products, framing self-reliance as a matter of national dignity and economic strength. Tax Reforms to Stimulate Domestic Spending To counter the impact, the government is…

Plans for a Renewed North Korea SummitDonald Trump has indicated he wants to meet North Korean leader Kim Jong-un again, possibly later this year. Speaking with South Korean President Lee Jae Myung at the White House, Trump described his past encounters with Kim as positive and expressed hope for restarting direct negotiations, despite previous summits failing to achieve a definitive deal on North Korea’s nuclear program. Idea for U.S. Ownership of Base LandsTrump proposed that the United States could assume full control of the land currently leased for American military bases in South Korea. He cited the significant financial investment…

Opposition Prepares to Defy BayrouThe minority government of Prime Minister François Bayrou faces mounting pressure as three major opposition parties plan to vote against him in the confidence motion scheduled for September 8. The Socialists have ruled out any support, with leader Olivier Faure calling it “unthinkable.” Additionally, the far-right National Rally and the Greens have confirmed they will not back the government, leaving Bayrou’s administration in a fragile position. Economic Strain and Proposed CutsBayrou is attempting to take control of the discussion by presenting France’s financial challenges ahead of the 2026 budget debate, which proposes €43.8 billion in spending…

Rescue effort ends in multiple fatalities on Egypt’s Mediterranean coast Alexandria, Egypt – Seven young people lost their lives in the Mediterranean Sea west of Alexandria while attempting to save a fellow student. Around 150 students were gathered at the beach when one female student entered the water on Saturday, despite a red flag warning of dangerous conditions. She soon struggled against the strong waves. Several classmates jumped in to assist her but were also caught by the powerful currents. Authorities confirmed that six victims, aged between 15 and 21, died during the incident. The following day, rescue teams recovered…

Ottawa will lift certain retaliatory duties while maintaining tariffs on autos, steel, and aluminium. Prime Minister Mark Carney announced Friday that Canada will scale back part of its trade retaliation against the United States. While levies on vehicles, steel, and aluminium will remain, other tariffs on American products will be removed starting September 1. Step follows missed trade deadline The announcement comes after Carney’s first phone conversation with President Donald Trump since the two countries failed to meet their self-imposed deadline for a new trade deal. Canada had previously imposed a 25% tariff on about C$30bn (£16bn; $21.7bn) in US…

Federal Effort Moves Into Key Cities President Donald Trump announced plans to extend his federal crime initiative to Chicago and New York, describing Chicago as chaotic and promising similar action in New York. The campaign continues to focus on Democratic-led cities with Black mayors, sparking criticism from local leaders. Armed National Guard Patrols in the Capital Defense Secretary Pete Hegseth ordered that National Guard troops in Washington DC will now carry weapons, reversing earlier assurances that they would remain unarmed. About 2,000 Guard members are stationed in the city, including reinforcements from Republican-led states. Officials confirmed they will carry service-issued…

Tariffs remain high The United States has announced it will maintain a 27.5% tariff on European cars until the European Union introduces legislation to lower its own tariffs on American goods. A framework released Thursday confirms that US tariffs will only drop to 15% once Brussels takes formal action. Deal unveiled in Scotland The agreement was revealed on 27 July at Trump’s Turnberry golf resort after a meeting between President Donald Trump and European Commission President Ursula von der Leyen. The EU has pledged to remove tariffs on US industrial products and offer improved access for American agricultural and seafood…

Few countries have acted Brazil is warning nations to submit stronger climate commitments before a critical September deadline. To date, only 28 countries have handed in updated pledges, while major emitters such as China and the EU are still missing. UN report depends on pledges The United Nations requires all updated climate plans—known as nationally determined contributions (NDCs)—by 25 September to prepare a progress report. This assessment will show how close or far the world is from keeping global warming within the 1.5C limit. Diplomatic pressure builds André Corrêa do Lago, Brazil’s lead climate negotiator and president of Cop30, told…