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Chinese EV Makers Turn Abandoned Western Factories Into Global Launchpads
Chinese EV Makers Turn Abandoned Western Factories Into Global Launchpads
Chinese EV companies are rapidly expanding overseas by snapping up unused factory space from struggling Western automakers, many of whom are downsizing traditional gasoline-car production, according to Nikkei.
Stellantis recently opened plants in France and Spain to partnerships with Dongfeng and Leapmotor. At the same time, Geely is expected to restart an idle production line at a Spanish factory owned by Ford Motor Company. The trend reflects a broader shift in the auto industry: Chinese EV makers are expanding aggressively while...
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Feb 14, 2026 / Tyler Durden
European Official Warns That Americans Can Be Silenced By EU Online Speech Laws
European Official Warns That Americans Can Be Silenced By EU Online Speech Laws
Authored by Kevin Stocklin via The Epoch Times (emphasis ours),
Europeans who face criminal charges for what they said or wrote warned that Europe’s speech laws can silence Americans as well, regardless of the U.S. Constitution’s First Amendment protections.
Finnish Member of Parliament Paivi Rasanen arrives to attend a court session at the Helsinki District Court in Helsinki, Finland, on Jan. 24, 2022. Antti Aimo-Koivisto/Lehtikuva/AFP via Getty Images
While testifying before the House Judiciary Committee last week, Paivi Rasanen, a...
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Aug 5, 2026 / Dave DeCamp
Russian Missiles Pound Kyiv, Killing at Least 17 People
Russian missiles pounded the Ukrainian capital Kyiv and its surrounding region on Wednesday, killing at least 17 people, as Ukrainian officials reported that not a single ballistic missile was intercepted due to Ukraine’s lack of advanced air defense munitions. According to Reuters, Ukraine’s Air Force said that it was able to intercept 90% of the […]
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May 20, 2026 / Tyler Durden
StanChart CEO Scrambles Into Damage Control After "Lower-Value Human Capital" Comment Triggers Backlash
StanChart CEO Scrambles Into Damage Control After "Lower-Value Human Capital" Comment Triggers Backlash
Standard Chartered CEO Bill Winters and his team spent Wednesday in damage-control mode after the head of the London-based international bank told investors on Tuesday that artificial intelligence would be used to replace "lower-value human capital," sparking a backlash online.
"Many of you will have seen media coverage following the Investor Event in Hong Kong, particularly the reporting around automation, AI, and workforce changes," Winters wrote in an internal memo to employees on Wednesday that was seen...
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