In this year’s third quarter, Tesla’s electric vehicle (EV) sales rose 7.4 percent above the same period last year after two quarters of sharp declines.
Category: 7 October 2025
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MIDDLE EAST SOVEREIGN WEALTH FUNDS LEAD PEERS AGAIN THIS YEAR
For a fourth consecutive year, sovereign wealth funds among the Gulf oil states are making more investments than similar funds of other nations, the Financial Times reported.
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EUROZONE’S JOBLESS RATE RISES AS LABOR MARKET DIVIDES IN TWO
In August, the unemployment rate among the 20 countries sharing the euro currency ticked up to 6.3 percent from 6.2 percent in July. About 11,000 more people were without work.
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CASH-STRAPPED CONSUMERS CUT BACK ON SNACKS
In another sign of a tightening economy, consumers have cut back on snack purchases as reflected in a sales slump for Conagra, maker of munchies ranging from Slim Jim jerky to David sunflower seeds.
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PENTAGON’S CHIEF LAWYER DOES HIS BEST TO JUSTIFY MILITARY’S MASS MURDER IN THE CARIBBEAN
The Pentagon’s top lawyer tried to make the legal argument for the U.S.’s attacks on alleged drug boats in the Caribbean, and largely based his case on President Donald Trump’s position that the individuals in these boats are essentially terrorists looking to inflict harm on Americans, and should be dealt with accordingly.
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EU WANTS PEOPLE TO STOP SAVING, START INVESTING
Europeans traditionally have saved a larger share of their incomes than Americans do.
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‘A LONG, SLOW GOODBYE’ TO RUSSIA’S OIL RESERVES
Russia has depended on its oil reserves to keep its war on Ukraine, and its economy, functioning for almost four years. Now Western sanctions and heavier production from those reserves to fuel the war machine are beginning to drain that natural resource.
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DONALD TRUMP JR. SAYS STABLECOINS WILL SAVE USD
Donald Trump Jr., President Donald Trump’s son, told a crypto conference in Singapore that stablecoins will eventually be the main catalyst in preserving “dollar hegemony” around the world.
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LABOR MARKETS IN ADVANCED ECONOMIES ARE SEIZING UP
Employers in G7 countries, considered the world’s most advanced, hesitate to hire or to lay off workers as uncertainties over interest rates, taxes, tariffs, and artificial intelligence (AI) leaves them unable to plan, the Financial Times reported.
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AUSTRALIA RAMPS UP DEFENSE WITH A$25 BILLION INVESTMENT
Australia announced last week that it will look to bolster its defenses to respond to “the most threatening strategic landscape” it has seen in decades, with an A$25 billion ($16.5 billion) investment in its military, with a focus on autonomous weaponry.