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European Car Sales Jump 11% As Fuel Shock Drives EV Demand
European Car Sales Jump 11% As Fuel Shock Drives EV Demand
European auto sales posted their strongest monthly gain in almost two years in March, as robust demand emerged for fully electric and hybrid models. The surge in demand follows the US-Iran conflict, which disrupted energy flows through the Hormuz chokepoint. As a result, petrol and diesel prices at the pump in Europe soared. Another issue is China flooding the continent with cheap EVs, undercutting already struggling domestic automakers.
Bloomberg cited new-vehicle registration data for last month showing an 11%...
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Iran Formulated Plan To Attack California With Drones In Case Of War: FBI
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U.S. law enforcement agencies in California were recently warned that Iran may have explored the possibility of launching drone attacks against targets on the West Coast in retaliation for Operation Epic Fury, according to a federal alert reviewed by ABC News.
The bulletin, circulated by the FBI to police departments in late February, said authorities obtained information indicating that, as of early February 2026, Iran had allegedly aspired to conduct a surprise attack using kamikaze drones launched from an unidentified...
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Death Of Hollywood In Two Charts
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The nightmare story for Hollywood is playing out in real time for the world to see, as a century-old entertainment economy implodes and bears all the hallmarks of what happened to Detroit after the auto industry went bust.
A new Wall Street Journal report describes the Hollywood job market as being in "collapse" mode, with employment in the industry down 30% from its late-2022 peak, while behind-the-scenes union workers logged 36% fewer hours last year than in 2022.
One big reason is that studios are...
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