Musk claims that new Tesla factories are losing billions of dollars.

Creative Media NewsFriday, 24 June 2022, 14:000

Musk asserts that Tesla’s new plants in the United States and Germany are “losing billions of euros” due to battery shortages and supply interruptions in China. The multibillionaire also referred to his operations in Berlin and Austin, Texas as “monstrous cash machines.” This year, 19 lockdowns in China, including one in Shanghai where Tesla has...

China: Two people are killed when an NIO electric car falls from the third floor of a Shanghai building.

Creative Media NewsFriday, 24 June 2022, 13:290

According to the company, two people involved in testing for electric car maker NIO died when one of its vehicles fell three stories from a Shanghai building. The pair, described as “digital cabin testers,” was inside the vehicle as it fell from a parking garage in the firm’s Innovation Port building, according to the company....

Shireen Abu Aqla: According to the UN, an Israeli bullet killed an Al Jazeera journalist.

Creative Media NewsFriday, 24 June 2022, 13:210

According to the UN’s human rights office, a high-profile Al Jazeera journalist was killed by Israeli forces, not Palestinian militants. According to a spokeswoman, the findings were the result of “independent monitoring” of the incident on May 11. Shireen Abu Aqla was killed while reporting on an Israeli operation in the occupied West Bank, causing...

Turkey and Israel have agreed to restore ambassadorial relations.

Creative Media NewsFriday, 24 June 2022, 13:120

ANKARA – Turkey, and Israel have begun work on restoring mutual diplomatic representation to the level of ambassador, Turkish Foreign Minister Mevlut Cavusoglu said on Thursday, as the two countries seek to end more than a decade of strained relations. In 2018, the two countries expelled their ambassadors and frequently traded barbs over the Israeli-Palestinian...

Northern Gritstone secures its first agreement with brain biomimicry startup Opteran.

Creative Media NewsFriday, 24 June 2022, 13:040

The vehicle chaired by Lord O’Neill is investing more than £3 million in Opteron, a University of Sheffield spin-off that pioneered the construction of autonomous robots by utilizing insect brain patterns. The financing, which is being spearheaded by the Berlin-based fund Join Capital, represents a major milestone for both Opteron and Northern Gritstone, which seeks...

Ukraine and Moldova have been accepted as candidates for membership in the European Union.

Creative Media NewsFriday, 24 June 2022, 12:510

Ukraine and Moldova have been accepted as candidates for membership in the EU, paving the way for a multi-year process. Ukraine’s ambition to join the European Union has cleared the first major hurdle, with the bloc’s leaders unanimously approving it as a candidate for membership. However, it may be a long time before it can...

The United States Senate has passed the first gun control legislation in decades.

Creative Media NewsFriday, 24 June 2022, 12:430

The US Senate has passed gun control legislation, the most significant in nearly 30 years. It imposes stricter controls on young buyers and encourages states to remove firearms from people deemed a threat. In a rare bipartisan vote on gun control legislation, 15 Republicans joined Democrats in the Senate to pass the bill. It still...

Inflation drives UK government interest rates to record levels in May.

Creative Media NewsFriday, 24 June 2022, 12:050

In May, interest payments on government debt reached an all-time high due to rising inflation. The government paid £7.6 billion in interest last month, an increase of £3.1 billion from the previous year. Government borrowing decreased in May compared to the same month a year ago but remained greater than pre-Covid levels. The Office of...

Government was compelled to pay a record £7.6 billion in interest on public debt last month.

Creative Media NewsFriday, 24 June 2022, 11:000

Current public sector net debt represents 98.5% of gross domestic product, the highest level in more than fifty years. After inflation pushed borrowing costs to some of their all-time highs, the British government made one of its largest interest payments on public debt ever last month. Despite a reduction in public sector borrowing, interest expenses...

In light of COVID, teachers going on strike is “unforgivable” and “responsible,” according to the education secretary.

Creative Media NewsFriday, 24 June 2022, 10:000

The National Education Union (NEU) stated that it will consult its members in the fall, “strongly pushing” them to support industrial action if the government fails to address its concerns on excessive workloads and pay in the coming months. Nadhim Zahawi’s remarks followed the National Education Union’s (NEU) announcement that it would engage its members...

Voters cast ballots in by-elections in Wakefield and Tiverton & Honiton.

Creative Media NewsFriday, 24 June 2022, 9:000

Officially, voting has begun for the by-elections in Wakefield, Tiverton, and Honiton. The Conservatives gained the two seats in West Yorkshire and Devon in 2019. On Thursday, polling stations for both by-elections will be open from 7 a.m. until 10 p.m., with results expected between 4 a.m. and 6 a.m. In the Tiverton and Honiton...

Agency workers will be permitted to replace striking employees.

Creative Media NewsFriday, 24 June 2022, 8:000

By current government proposals, contract workers may be permitted to replace striking employees. It follows three days of huge rail strikes that have badly affected the travel plans of millions, with Thursday and Saturday due to bring additional cancellations. It follows three days of significant train strikes, with further cancellations expected on Thursday and Saturday....

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