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Musk's $797m gamble to boost Republicans in midterms came up short
TVNZ ·
Elon Musk spent at least US$445 million (NZ$796.85 million) in a gambit to help Republicans keep control of Congress, an amount roughly equivalent to someone on a $100,000 annual salary saving every penny for 4400 years. To the world's first trillionaire, it's a pittance, but the billions of…
Japan’s growing strategic partnership with Vietnam is putting Tokyo’s commitment to a rules-based regional order under scrutiny, as Prime Minister Sanae Takaichi faces calls to press Hanoi over its failure to honour labour rights commitments. The issue is expected to surface during Vietnamese…
Debt spirals, doom loops and default danger – pundits fret all of these and more as US federal debt tops $40 trillion. They see profligate politicians and climbing long-term interest rates soon rendering the world’s largest economy penniless. Europe and Japan are not much better off, they claim. The…
It is only a few days since what was initially termed a security incident at Binance, the world’s largest cryptocurrency exchange, resulted in deposits and withdrawals being frozen. Only hours later the attack was labelled as a $6.3 billion crypto heist . By dollar value, it was reckoned to be the…
Delayed harvesting can lead to shifts in commodity arrivals and create a shorter window for farmers to sell their produce and arrange funds for rabi inputs
Shipping Middle East oil to East Asia has become dramatically more expensive, with freight and insurance adding nearly $50 per barrel to transportation costs, OPEC data shows. The real cost of the global oil shock is no longer measured by crude prices alone. Here's why: Oil prices now go beyond the…
After the LAPD arrested two people in connection to the killing of his sister Christina Downer, Jimmy Fowlie paid tribute to her for her birthday. On Thursday, the Saturday Night Live writer shared a video of the two of them posing on a movie theater display for last year’s Tron: Ares the last time…
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