Trump Calls Iranian Response to Peace Proposal ‘Totally Unacceptable’

Duffy Claims Gas Prices Will Fall Immediately After Hormuz Reopens Authored by Tom Ozimek via The Epoch Times, U.S. Transportation Secretary Sean Duffy said on Sunday that gasoline prices should begin to decline “immediately” once shipping resumes through the Strait of Hormuz, pushing back against analyst warnings that relief for consumers could take months. Duffy, speaking on ABC’s “This Week” program on May 3, acknowledged that prices may take time to return to pre-war levels but said reopening the critical oil transit chokepoint would quickly ease pressure at the pump. “Once the Strait...

Porsche Sales Tumble To Weakest In Six Years As Chinese Demand Plummets Days after Germany's top financial newspaper, Handelsblatt, reported that Porsche AG is planning more than 4,000 job cuts, the sports-car maker on Thursday revealed first-half sales figures that were the weakest in six years, with its China business falling off a cliff. For the January to June period, Porsche reported 122,306 vehicle deliveries across global markets, a 16% decline from the same period a year earlier. The first-half slump marked Porsche's weakest sales performance since 2020, with its top market,...

The World Is Becoming Increasingly Divided By Fertility The world is becoming increasingly divided by fertility. One group of countries now has too few births to naturally replace its population, while another continues to see population growth driven by higher fertility rates. This demographic divide has major implications for aging populations, labor markets, immigration, and future economic growth. This map, via Visual Capitalist's Jeff Desjardins, shows which countries are above and below the replacement fertility rate of 2.1 children per woman, using projections for 2025 from the UN World Population Prospects 2024 Revision. While...