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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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Apr 19, 2026 / Tyler Durden
Bulgaria's Former Pro-Russian President Set For Landsllde Election Win
Bulgaria's Former Pro-Russian President Set For Landsllde Election Win
Just as Europe's neoliberal establishment was celebrating the downfall of Hungary's Orban and his replacement with... another hard-line ant- immigrationist, it got some bad news on Sunday, as Bulgaria's pro-Russian former President Rumen Radev was set for a runaway victory in the election and may even secure a parliamentary majority in the poorest EU state, ‌exit polls showed, potentially ending years of weak coalition governments and altering the European Union member's foreign policy.
Rumen Radev, former Bulgarian president and leader of Progressive...
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Sep 19, 2026 / Tyler Durden
The 'Modern-Day Lynching' Hoax... And The Elephant In The Room
The 'Modern-Day Lynching' Hoax... And The Elephant In The Room
Authored by Larry Elder via The Epoch Times,
Nearly 60 Democratic members of Congress signed a letter to sound an alarm: Black Americans are being found hanging, including some from trees, in a wave of possible "modern-day lynchings."
Their letter to the Justice Department and FBI stated, "The series of deaths raise significant suspicion of foul play given the role of lynching in our nation's history." Rep. Ayanna Pressley called it a "national crisis." Rep. Alexandria Ocasio-Cortez, who signed the letter, tweeted...
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Jul 6, 2026 / Tyler Durden
Mag 7 Stocks: Risk Or Opportunity In The Making?
Mag 7 Stocks: Risk Or Opportunity In The Making?
Authored by Lance Roberts via RealInvestmentAdvice.com
đź’° Mag 7 Stocks: What Is Causing The Drag
For the past few months, the “Magnificent 7”, or more colloquially known as “Mag 7,” stocks have looked more like the “Lag 7.” The market’s largest growth names, Apple (AAPL), Microsoft (MSFT), Google (GOOG), Amazon (AMZN), Tesla (TSLA), Meta (META), and Nvidia (NVDA), have trailed badly. Those Mag 7 stocks now carry a bearish story built around one word: capex. As we noted in last weekend’s report, the selling has been sharp. The question is...
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