Author: usaeverydaylife

The problem of stolen manhole covers in Turkey might seem an unlikely starting point for a new way for buildings to withstand earthquakes and tackle the construction industry’s environmental issues, but when a Turkish businessman heard about a new material that prevented the thefts, it sparked an idea.Cast iron is traditionally used to make the manhole covers that protect drainage systems. But back in 2010, a spate of thefts of the covers for scrap metal in Turkey meant that an alternative, with equally strong material needed to be used to secure them. And when Engin Yesil read about this super-strong…

Read More

A leading EU official has denied taking a softer approach to Big Tech, citing a “very clear legal basis” for regulators and pointing to several ongoing investigations into the likes of social media platform X and Meta.The FT reported earlier this week that the EU was reassessing investigations into Apple, Google and Meta — a process that could ultimately lead to the European Commission, the executive arm of the EU, scaling back or changing the focus of their probes.However, speaking to CNBC on Thursday, Henna Virkkunen, the European Commission’s executive vice president for tech sovereignty, pushed back.”We have our Digital…

Read More

European markets are set to open in positive territory on Friday, setting the region’s stocks up for a weekly rise following one of the best trading sessions in four months on Wednesday.London’s FTSE 100 is expected to open 130 points higher at 8,431, according to IG, while the German DAX index is set to open 6 points higher to open at 20,662. France’s CAC 40 is expected to open 173 points up at 7,648, IG’s figures predict.Global financial markets were cheered earlier this week by a cooler-than-inflation print out of the United States.Regional investors were also surprised by U.K. data…

Read More

Russia’s President Vladimir Putin (R) speaks with India’s Prime Minister Narendra Modi (L) during a visit to the shipyard Zvezda, as Rosneft Russian oil giant chief Igor Sechin (C) accompanies them, outside the far-eastern Russian port of Vladivostok on September 4, 2019, ahead of the start of the Eastern Economic Forum hosted by Russia. Alexander Nemenov | Afp | Getty ImagesIndia’s days of buying cheap Russian oil could be over.Sweeping sanctions by the U.S. against Russia’s energy companies and operators of vessels that transport oil will complicate Indian efforts to keep importing cheap Russian crude and could push up inflation in…

Read More

Family photo of leaders taken at the 16th BRICS Summit in Kazan, Russia on Oct. 24, 2024. Anadolu | Anadolu | Getty ImagesPresident-elect Donald Trump has pledged a 100% tariff against BRICS nations if they continue to undermine the U.S. dollar — but the threat won’t rein in the group’s expansion, analysts tell CNBC.Most recently, Brazil announced Indonesia’s admittance into the bloc as a member last Monday.Under outgoing President Joe Biden’s administration, Washington has been relatively dismissive of the 10-member coalition, with White House National Security Communications Advisor John Kirby saying during a press briefing last October that the U.S. does…

Read More

In this aerial view melting icebergs crowd the Ilulissat Icefjord on July 16, 2024 near Ilulissat, Greenland.Sean Gallup | Getty Images News | Getty ImagesMajor ice loss from Greenland is exposing the island’s natural resources, inadvertently making some of the world’s largest untapped critical mineral reserves more accessible.Greenland, a vast but sparsely populated island situated between the Arctic and North Atlantic Oceans, has been transformed by the climate crisis in recent decades.A major analysis of historic satellite images, published last year by researchers at the U.K.’s University of Leeds, showed that the autonomous Danish territory is turning increasingly green due…

Read More

Britain’s government on Thursday bowed to pressure and announced new investigations into child sexual exploitation and abuse, less than a month after Elon Musk, the billionaire tech mogul, used his social media platform X to highlight the issue in a series of vitriolic posts.Speaking in Parliament, Yvette Cooper, the home secretary, said she had commissioned a rapid three-month audit into the “current scale and nature of gang-based exploitation across the country” that would examine data on the ethnicity of perpetrators.She also said that the government would support and help fund up to five local inquiries into the issue of so-called…

Read More

Tesla CEO and X owner Elon Musk speaks as Republican presidential nominee and former U.S. president Donald Trump reacts during a rally at the site of the July assassination attempt against Trump, in Butler, Pennsylvania, U.S., October 5, 2024. Carlos Barria | ReutersElon Musk is among the opening speakers who will precede President-elect Donald Trump at his pre-inaugural rally in Washington, D.C., on Sunday, according to a source familiar with the planning.Musk, the world’s richest man, spent more than a quarter-billion on last year’s campaign. Soon after his victory in November, Trump tapped Musk to co-chair an outside advisory committee dubbed the “Department of…

Read More

YANTAI, CHINA – JANUARY 12: Two offshore drilling rigs undergo maintenance at berths inside a shipyard on January 12, 2025 in Yantai, Shandong Province of China. In 2024, China consolidated its lead position in global shipbuilding industry, taking two thirds of orders, according to a report by Clarksons Research. (Photo by Tang Ke/VCG via Getty Images)Vcg | Visual China Group | Getty ImagesThe U.S. Trade Representative’s office on Thursday said it has found China’s targeted dominance of the global shipbuilding, maritime and logistics sectors is “unreasonable” and is “actionable” under U.S. trade law.The findings of a USTR probe, first reported by Reuters on Tuesday, did not include a specific recommendation of penalties against Beijing, leaving next steps up to President-elect Donald Trump, who takes office on Monday.USTR said its report…

Read More

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailThe ‘Fast Money’ traders debate Apple’s mounting issues, including a decline in iPhone sales in China, and where they expect the stock to go from here.04:57Thu, Jan 16 20255:10 PM EST Source link

Read More