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Japan's Auto Giants Are Losing The EV Race To China

Japan's Auto Giants Are Losing The EV Race To China Japan’s car industry is being forced into a major reset as Chinese automakers rapidly outpace traditional rivals in electric vehicles, software, and manufacturing speed, according to Nikkei. The shift is especially visible at Honda Motor. In 2021, CEO Toshihiro Mibe pledged that EVs and fuel-cell vehicles would account for all new Honda sales by 2040. Last week, however, he admitted the plan was “not realistic under the current circumstances,” formally backing away from the target. Nikkei writes that Honda’s retreat marks a sharp...
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Aug 1, 2026 / Tyler Durden
Proof: TDS Is Anti-Christian
Proof: TDS Is Anti-Christian Authored by Steve Watson via Modernity News, New data exposes the purest form of Trump Derangement Syndrome yet: young Americans so thoroughly programmed that they will abandon church itself rather than sit in a pew next to someone who supports the president. A survey from the Wheaton College Billy Graham Center Research Institute found that nearly half of Gen Z adults - 48 percent - say Christians' support for Donald Trump has made them less likely to attend church. Among strong Democrats the figure hits 76 percent. Atheists clock...
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Apr 16, 2026 / Tyler Durden
Europe's Electrification Dream Is Hitting A Wall
Europe's Electrification Dream Is Hitting A Wall Authored by Gisele Widdershoven via OilPrice.com, Europe’s electrification strategy is ambitious but constrained by lagging grid infrastructure, creating bottlenecks that are already delaying industry and investment. Massive funding needs—running into trillions—combined with regulatory complexity and slow buildouts are exposing a gap between policy ambition and physical reality. Without better coordination, prioritization, and financing, Europe risks higher costs, weaker competitiveness, and a stalled energy transition. The message given by Ursula von der Leyen to electrify the European economy is strategically coherent, politically appealing, and, on the surface, even...
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Apr 6, 2026 / Tyler Durden
Iraq Tells Buyers To Collect Crude Which Can Now Cross Hormuz, While US Boosts Ship Reinsurance Guarantees To $40BN
Iraq Tells Buyers To Collect Crude Which Can Now Cross Hormuz, While US Boosts Ship Reinsurance Guarantees To $40BN Over the long weekend, we reported that with traffic across the Hormuz strait continuing to rise, and reaching the highest since the war began, one particularly favorable development was Iran's permission for Iraqi ships to use the Strait. We also noted that this declaration had the potential to unleash as much as 3 million barrels a day of Iraqi oil cargoes. That said, there was the caveat that it was not immediately clear...
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