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Singer 2Face Idibias Younger Brother, Charlybrave, Sends Him An Open Letter Following His Public Apology To His Wife Over His Recent Misbehaviors
~3.1 mins read
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Worldnews
Trump Threatens To Review Subsidies On Musk-owned Companies
~3.7 mins read
Tesla’s stock dropped 6 percent after Trump’s call for DOGE to look into cutting subsidies tied to Elon Musk. Trump might 'take a look’ at possible Elon Musk deportation Amid their public feud over the looming tax bill, US President Donald Trump has suggested that the Department of Government Efficiency (DOGE) review subsidies tied to once ally Elon Musk, including those received by Tesla and SpaceX, in order to save money. “Elon may get more subsidy than any human being in history, by far, and without subsidies, Elon would probably have to close up shop and head back home to South Africa. No more Rocket launches, Satellites, or Electric Car Production, and our Country would save a FORTUNE. Perhaps we should have DOGE take a good, hard, look at this? BIG MONEY TO BE SAVED!!!,” the president said in an early morning post on Trump’s social media platform Truth Social. Trump’s remarks on Tuesday came after Musk renewed his criticism of the sweeping tax-cut and spending bill — which the White House hopes to sign into law by July 4th — pledging to unseat lawmakers who supported it after campaigning on limiting government spending. Shortly after, Senate Republicans hauled Trump’s big tax breaks and spending cuts bill to passage Tuesday on the narrowest of margins, pushing past opposition from Democrats and their own GOP ranks after a turbulent overnight session. The outcome capped an unusually tense weekend of work at the Capitol, the president’s signature legislative priority teetering on the edge of approval or collapse. In the end, that tally was 50-50, with Vice President JD Vance casting the tie-breaking vote. Feuding with Trump could create hurdles for Tesla and the rest of Musk’s business empire. The US Transportation Department regulates vehicle design and would play a key role in deciding whether Tesla can mass-produce robotaxis without pedals and steering wheels, while Musk’s rocket company SpaceX has about $22bn in federal contracts. Trump previously threatened to cut Musk’s government contracts when their relationship erupted into an all-out social media brawl in early June over the bill, which non-partisan analysts have said would add about $3 trillion to the US debt. But after weeks of relative silence, Musk rejoined the debate on Saturday as the Senate took up the package, calling it “utterly insane and destructive” in a post on X. On Monday, he said lawmakers who campaigned on cutting spending but backed the bill “should hang their heads in shame!” “And they will lose their primary next year if it is the last thing I do on this Earth,” Musk added. The criticism marked a dramatic shift after the billionaire spent nearly $300m on Trump’s re-election campaign and led the administration’s controversial DOGE initiative. Musk has argued that the legislation would greatly increase the national debt and erase the savings he says he achieved through DOGE. Musk was long slammed for his conflicts of interest while leading DOGE — accused of going after government agencies that had open investigations against him and his associated companies. A report from the left-leaning think tank Public Citizen found that 70 percent of the agencies in May found that Musk aimed to make significant cuts to agencies, including the National Highway Traffic Safety Administration, which had been investigating Tesla. The Food and Drug Administration, which had been investigating his brain implant chip, Neuralink, and cuts to the Department of Defense, which has been called for by both progressive Democrats as well, comes as SpaceX receives more than $22bn in federal contracts from the agency, according to the report. The market response There are conflicts with Musk within the bill he’s actively rallying against. The bill, which Trump eliminated the EV tax credit, Musk originally said would not hurt Tesla. The EV tax credit, however, has helped other carmakers make more affordable electric vehicles for more consumers, and Musk has recently changed his tune. In a note last month, JP Morgan said cutting the EV tax credit could cost Tesla $1.2bn annually. Now the market is reacting as these plans might come to fruition in a matter of days, and amid the president’s Truth Social post, spooking investors. Tesla stock tumbled roughly 6 percent as of 11:00am ET (15:00 GMT) and about 13 percent over the last five days. “[This] BFF situation has now turned into a soap opera that remains an overhang on Tesla’s stock with investors fearing that the Trump Administration will be more hawkish and show scrutiny around Musk related US government spending related to Tesla/SpaceX and most importantly the autonomous future with the regulatory environment key to the future of Robotaxis and Cybercabs,” Dan Ives, senior analyst at Wedbush Securities said in a note provided to Al Jazeera earlier this morning. Musk’s other companies include SpaceX, X Corp, and Neuralink are privately held companies. More broadly the markets erased some of the gains in the last few days. The tech-heavy Nasdaq is down by about a full percentage point and the S&P 500 down 0.3 percent.  Dow Jones Industrial Average, on the other hand, is trending upwards, roughly 0.6 percent higher than the market open. 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Instablog9ja
Jaws Drop As Singer 2Faces Younger Brother, Charlybrave, Reveals Things His Wife Has Allegedly Been Doing To Him
~3.6 mins read
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Worldnews
Ukraine Drone Attack On Central Russia Kills Three, Wounds 35
~1.9 mins read
The attack comes shortly after President Volodymyr Zelenskyy promises to increase Ukraine’s drone production. A Ukrainian drone attack at an industrial plant in central Russia has killed three people and injured 35 others, a Russian regional governor has said. Alexander Brechalov, head of the Udmurt Republic, said in a post on Telegram on Tuesday that the attack took place at a factory in Izhevsk city. Ten of the wounded were in a serious condition, he noted. There was no immediate official comment from Kyiv. But a Ukrainian security official confirmed the attack, telling the news agency Reuters that the Kupol plant had been hit, with a fire breaking out as a result. The facility, which produces air defence systems and drones for the Russian army, is located roughly 1,300km (800 miles) from the Ukrainian border. If confirmed, the Ukrainian mission would be one of the deepest attacks of its kind inside Russia since the start of Russian President Vladimir Putin’s full-scale invasion. However, it is not as far as one Kyiv claimed last May, which reportedly hit an early-warning radar in the Russian city of Orsk, some 1,800km (1,120 miles) from Ukraine. Speaking to the AFP news agency on Tuesday, an unnamed Ukrainian security service (SBU) official hailed the most recent drone mission. “Each such special operation reduces the enemy’s offensive potential, disrupts military production chains and demonstrates that even deep in Russia’s rear, there are no safe zones for its military infrastructure,” they said in written comments. The attack came a day after President Volodymyr Zelenskyy said Ukraine would increase its drone production, following a surge in Russian drone attacks. Moscow fired some 5,438 long-range drones at Ukraine in June, its highest monthly total yet, according to an analysis by AFP. “The priority is drones, interceptor drones and long-range strike drones,” Zelenskyy said on Telegram late on Monday about Ukraine’s manufacturing drive. The message followed a promise last month by Ukraine’s top military commander to improve the “scale and depth” of strikes on Russia. In other developments, the Kremlin has denied the suggestion from one of United States President Donald Trump’s special envoys that it was deliberately stalling ceasefire talks. Keith Kellogg, Trump’s Ukraine envoy, said on Monday, “Russia cannot continue to stall for time while it bombs civilian targets in Ukraine.” In response, Kremlin spokesman Dmitry Peskov claimed that Russia was “not interested in drawing out anything”. A date for a third round of negotiations has yet to be agreed. Meanwhile, a Russian-backed official in the eastern Ukrainian region of Luhansk said it is now fully under the control of Moscow. Ukraine is yet to respond to the claim. Follow Al Jazeera English:...
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