Author: i2wtc
So, what are the details, how will they impact the industry and how much cars are on dealer shelves?How much is the customs duty? The tariffs are aimed at countering perceived government subsidies to China’s auto manufacturing industry, which allow exports to sell for cheaper prices than global rivals.This is the result of a nine-month investigation into allegations of unfair government subsidies for Chinese battery electric vehicles (BEVs), with the level of tariffs varying by brand.MG’s parent company SAIC faces the highest tariffs. Geely, which owns a stake in Volvo, faces a 20% tariff. BYD brands such as the Dolphin…
The US cricket team lost to India in the T20 Cricket World Cup on Wednesday, but their dream of reaching the finals is still alive. (Photo by Robert Cianfrone/Getty Images)The U.S. team lost to India on Wednesday, five days after recording the team’s biggest win in history against Pakistan in the T20 Cricket World Cup.The match started pretty badly for Team USA, losing two wickets in just the first over. It was a near disaster and almost certain the USA would lose the match. However, continuing to play hard was essential to maintain the net run rate that would determine…
The Los Angeles Clippers announced that Jerry West, the NBA legend whose play earned him the title on the league’s logo and whose basketball acumen led the team to multiple championships, died on Wednesday.The 86-year-old had worked as an adviser to the Clippers since 2017.”Jerry West, the epitome of basketball excellence and a friend to all who knew him, passed away peacefully this morning at the age of 86,” the Clippers’ statement said. “His wife, Karen, was at his side.”NBA Commissioner Adam Silver called West a “basketball genius” and a “defining” figure for the league.”I treasured my friendship with Jerry…
Before the results of the European elections were counted, the first shock came when French President Emmanuel Macron dissolved the French National Assembly. This resulted in a shocking defeat for Macron’s Renaissance party in the European Parliament to the far-right National Rally party, and he took the risky gamble of calling for fresh elections to be held on June 30 and July 7. Macron wants the French people to give his party a majority in Parliament, which could lead to another defeat and a blow to his own presidency, which currently runs until 2027. Although the final tally (still provisional…
Image courtesy of NYS DMVNew York is the latest state to jump on the digital ID bandwagon, joining a handful of states that already offer the technology to their residents. Governor Kathy Hockle recently announced the New York Mobile ID app, available for download on both the Play Store and the App Store, stating:We are excited to offer New York residents this cutting-edge technology that provides convenience and enhanced security for mobile ID users and those who accept it. Not only will New Yorkers be able to quickly view their ID, they will also have control over the personal information…
A group of self-proclaimed American patriots are discussing boycotting this summer’s Olympics in Paris because of their dissatisfaction with the composition of the U.S. team. It’s a pointless reaction, but any action born out of spite is pointless. Kaitlyn Clark, a promising rookie for the WNBA’s Indiana Fever who is white, was not selected to represent the U.S. women’s basketball team, leading some to declare they were withdrawing their support — the latest grenade to be thrown into the firestorm of controversy surrounding Clark. Don’t believe for a second that race isn’t the cause of this backlash: Clark’s skin color…
Image source, REUTERS/Sarah MaisonnierImage caption, Eric Ciotti said the party needed to form alliances “while remaining true to who we are.”Article informationauthor, Paul Kirbyrole, BBC News12 June 2024 13:06 BSTUpdated 46 minutes agoThe French Republican Party has dismissed its leader, Eric Ciotti, who called for a political alliance with the far-right Rally National party in the general election at the end of this month.Political leaders of right-wing parties took the decision just over 24 hours after Ciotti’s plans caused an uproar among republican politicians.The apparent collapse of the core of France’s mainstream conservative parties comes shortly after the National Rally…
Down icon An icon in the shape of a downward angle. “Cake Bear” made for Oliver by Daising’s Bakery. Courtesy of Dethings Bakery John Oliver beat out a local bakery to buy the inventory of a closed Red Lobster at auction.Oliver offered to buy the bakery new equipment if they would make a cake in his likeness.The “Cake Bears” are selling out quickly, with all proceeds going to local food pantries. A small family-owned bakery in the Hudson Valley ended up purchasing thousands of dollars worth of new kitchen equipment after a hilarious feud with John Oliver.During an episode of…
The only person Ben Carson has expressed interest in being the Republican vice presidential nominee is Donald J. Trump, whose opinion matters most.Carson, a former neurosurgeon and housing secretary in the Trump administration, is being considered as one of “a number of people who would do a really great job,” Trump told local reporters in New York last month.Last week, Trump reiterated his interest in working with Carson on Newsmax, saying he was one of “a lot of fine people.”And Trump has spoken fondly of Carson privately, reflecting an odd political friendship between the pugnacious Republican leader and the quiet…
Software giant Oracle announced last night in its quarterly earnings report for the quarter ending March 31 that it will discontinue its advertising business after revenue for fiscal 2024 fell to $300 million.”In the fourth quarter, we made the decision to exit our advertising business, which had declined to approximately $300 million in revenue in fiscal year ’24,” CEO Safra Catz told analysts, according to the earnings call.In August 2022, Business Insider reported that Oracle’s revenue had hit $2 billion. At the time, revenue was only growing 2% annually, and many employees were being laid off as part of a…