The Moscow Exodus: Russia Orders Airlines To Stop Selling Flights Out Of The Country To Men Aged 18-65
Russian President Vladimir Putin’s latest war chess move has his citizens scrambling for plane flights out of the country. Flights out of Moscow to the capitals of Turkey, Armenia, and Georgia have reportedly sold out. Seemingly acting upon this development, the Kremlin has reportedly ordered Russian airlines to stop selling tickets out of the capital […]
Putin Accuses The West Of “Nuclear Blackmail,” Warns Of Retaliation
Russian President Vladimir Putin in his national address on Wednesday morning strongly suggested that Russia would use its nuclear weapons on the West after he accused the region of engaging in “nuclear blackmail.” “If Russia feels its territorial integrity is threatened, we will use all defense methods at our disposal, and this is not a […]
Verses Tech Launches Research Facility For Sensor Fusion
Verses Technologies (NEO: VERS) is placing a major emphasis on further research and development. The company this morning formally announced the opening of a new research facility, which the company emphasizes is to focus on artificial intelligence along with sensor fusion tech. Located in Culver City, California, the facility is intended to not only showcase […]
Teck Resources Sees Steelmaking Coal Facility Halt Production Following Equipment Failure
Teck Resources (TSX: TECK.A, TECK.B) late last night announced an operational hiccup to its steelmaking coal operation in British Colombia, referred to as Elkview. The facility has seen certain structural failures that will take the facility offline for a period of time. The company has indicated that a structural failure occurred on the plant feed […]
Putin Announces Escalation Via Partial Mobilization, Says The West Wants To Destroy Russia
When Russia retreated from northeastern Ukraine earlier in September, many held their breath over what steps Russian President Vladimir Putin — now embarrassed on the world stage and seemingly pushed against a wall — would take next. People had to hold their breath a little longer as Putin, at the last minute, postponed a televised […]
Amazon Plans To Power Its Trucking Fleet With Low Carbon Electrofuels Beginning 2023
Amazon (NASDAQ: AMZN) on Tuesday announced that it had signed an agreement with Infinium, a renewable fuels technology company, to supply ultra-low carbon electrofuels for its transportation fleet starting 2023. According to the press release, Infinium will supply the e-commerce giant with enough electrofuels to replace diesel fuel for approximately 5 million miles of travel […]
Hertz to Purchase 175,000 EVs from GM Amid Surge in Travel Demand
Car rental company Hertz plans to increase its fleet amid a surge in travel demand, and will be purchasing up to 175,000 electric vehicles from General Motors. GM has agreed to supply Hertz with some of its flagship EVs including the Chevy Bolt and the Bolt EUV beginning in the first quarter of 2023 through […]
Canadian Home Prices Have Fallen 20% Since The Peak, Sending Household Net Worth Plummeting
Canada’s real estate market continues to decline from last year’s peak, with sales levels falling by about 24% from 12 months ago. But, what only appears like a modest decline still sends significant rippling effects throughout the economy. The average price of a Canadian home is now $179,047 less than it was in February 2021, […]
India’s Top Lender Moves To Curb Exposure To Bangladesh’s Falling Reserves
The State Bank of India (SBI) has issued an internal document asking exporters to avoid making deals with Bangladesh in US dollars and other major currencies, as it seeks to lessen exposure to the country’s falling reserves, according to a Reuters report. “The country is facing a shortage of foreign currency due to higher import […]
Nikola CEO: “Trevor Milton Was Prone To Exaggeration”
Courtroom drama continues as Nikola Corp (Nasdaq: NKLA) CEO Mark Russell takes the stand on founder Trevor Milton’s trial for allegedly misleading investors on the company’s progress. The chief executive laid out his concerns on Milton’s public behavior and statements, saying he agreed to assume company presidency as long as he would take the CEO […]