France

Tesla Spontaneously Catches Fire, Burns Down During Test Drive In France

During a test drive in France in a Tesla Model S 90D, the vehicle suddenly sent a visual alert on the dashboard stating that there was a problem with “charging”. The Tesla employee giving the test drive made the driver park the car on the side of the road. The Tesla Model S caught on fire only a moment later  according to witnesses. Firefighters arrived quickly on the scene to control the fire, but the vehicle was completely destroyed.

US Olympic Gold Medalist Ryan Lochte Robbed At Gunpoint In Rio

Following conflicting reports,  including the IOC denying any incident took place,  Lochte himself confirmed with TODAY's Billy Bush that he and the other swimmers were robbed at gunpoint. "We got pulled over, in the taxi, and these guys came out with a badge, a police badge, no lights, no nothing just a police badge and they pulled us over," Lochte said. "They pulled out their guns, they told the other swimmers to get down on the ground — they got down on the ground."

Rethinking The Cold War... And The New One

The new Cold War is far more dangerous than the old, because the respective war doctrines of the nuclear powers have changed. The function of nuclear weapons is no longer retaliatory. Mutually Assured Destruction was a guarantee that the weapons would not be used. In the new war doctrine nuclear weapons have been elevated to first-use in a preemptive nuclear attack. Washington first took this step, forcing Russia and China to follow.

As Robots Replace Farm Workers, Why Payback Is A Bitch

Soaring minimum wage rates across the country are making capital investments in robots way more attractive to labor-intensive industries like farming.  A simple example shows how California's "Fair Wage Act" could cut payback periods on capital investment projects by 40% turning marginally attractive capital investments into no-brainers.

2 Men, 3 Women, & 6-Year-Old Kid Burned, Stabbed By 27-Year-Old Attacker On Swiss Train

Seven people are in hospital with stab wounds and burns, police say, after an attack on a train near St.Gallen, Switzerland. The man set the train carriage on fire using a flammable liquid and also stabbed passengers, including a six-year-old child, police said. Details are sparse for now but The BBC reports, the suspected attacker, described as a Swiss man aged 27, was also taken to hospital after the incident near Salez in St Gallen Canton

How The ECB Helped Buy Krispy Kreme

Central banks bought 21% of JAB Holdings' 150m bond increase, a transaction that coincided with the first day of the European Central Bank's Corporate Sector Purchase Programme. According to the distribution statistics seen by IFR, central banks and officials institutions were the second biggest buyers of the May 2023 tap via Deutsche Bank and HSBC.

Futures Rise, Global Stocks Flat After Ugly Chinese Economic Data

One day after all three US indexes hit record highs for the first time since December 31, 1999, US equity index futures, European stocks and Asian equities are little changed after the Nikkei jumped on the back of a Yen weakness, while China reported disappointing economic data and the PBOC suggested that the flood of new debt is slowing which pushed Chinese stocks higher by 1.6% on hopes of more stimulus.

French Schools Will Teach 14-Year-Olds How To Survive Terrorist Attacks

With the French population furious at both its president and prime minister for being woefully slow and ineffective in the government's reactive measures to deadly terrorist attacks, the government - which has lived under a state of emergency for nearly nine months -  decided to take proactive steps, even if these may not be what many had expected or hoped for, and announced that starting in September, French 14-year-olds will receive training on how to survive a terrorist attack on their schools, following a spate of Islamist killings in recent months.

US Futures Rebound, European Stocks Higher As Oil Rises

The summer doldrums continue with another listless overnight session, not helpd by Japan markets which are closed for holiday, as Asian stocks fell fractionally, while European stocks rebounded as oil trimmed losses after the the IEA said pent-up demand would absorb record crude output (something they have said every single month). S&P futures have wiped out almost all of yesterday's losses and were up over 0.2% in early trading.

Islam's "Quiet Conquest" Of Europe

"Dear Europeans, continue to think about a shorter working week, early retirement, abortion on demand and adultery in the afternoon. With your laws, we will conquer you. With our laws, we will convert you...".