FOREIGN OWNERSHIP

Jul 11 2025POLITICS

State Department Set to Cut Jobs Soon

The State Department is preparing to let go of some employees soon. This move is part of a big change happening within the agency. The decision comes after the Supreme Court allowed the Trump administration to make these changes. Around 1, 873 people might lose their jobs. This number includes both civil and foreign service workers. The changes will affect more than...

reading time about 1 minute
Jul 10 2025SPORTS

Red Bull's Sudden Leadership Shake-Up: What's Next?

Christian Horner's exit from Red Bull Racing marks a dramatic turn of events. Just a month ago, he claimed his commitment was unwavering, with a contract extending to the end of the decade. His journey began in 2005 when he took over a struggling team and transformed it into a powerhouse. However, recent challenges, including a misconduct investigation and the team's...

reading time about 1 minute
Jul 08 2025POLITICS

Gaza Talks Take Time: What's Really Going On?

Negotiations for a ceasefire in Gaza are taking longer than hoped. Qatar, which is hosting the talks, says both sides need more time to agree. This is not what Donald Trump wanted. He had hoped to announce a deal during Benjamin Netanyahu's visit to Washington this week. But it looks like that won't happen now. The talks started on Sunday. Both Israel and Hamas agre...

reading time about 1 minute
Jul 08 2025BUSINESS

Big Money in Sports: The Power of Ownership Groups

Sports teams are becoming big business, with ownership groups worth billions. The top 20 sports empires alone are valued at a staggering $225 billion. These groups are like tech companies, managing valuable brands and teams efficiently. Ownership groups vary in what they own. Some have teams in different sports and countries. Others focus on one sport or one area. T...

reading time about 1 minute
Jul 08 2025POLITICS

Elon Musk's New Political Venture: A Bold Move or a Risky Gamble?

Elon Musk, the tech billionaire, recently sparked conversations by suggesting a new political party called the "America Party. " This idea came after a poll on his platform, X, where a majority of voters expressed dissatisfaction with the current two-party system. The poll's results align with other surveys showing that many people believe a third party could help re...

reading time about 1 minute
Jul 08 2025POLITICS

Ukraine and Denmark Team Up to Build Weapons Together

Ukraine is making a big move to boost its defense. They just signed a deal with Denmark to start making weapons there. This is a first for Ukraine, as they've never set up military factories outside their country before. Denmark is putting in $5 million to help Ukrainian defense startups get going. This deal is a big step for Ukraine, especially with the war against ...

reading time about 1 minute
Jul 07 2025FINANCE

The Dollar's Decline: Is the U. S. Losing Its Financial Edge?

The U. S. dollar has taken a significant hit this year, dropping more than 10% in value. This is the worst decline since 1973, when President Nixon ended the gold standard. The dollar's fall is surprising because the U. S. economy is still strong. Some investors are worried that this drop could mean a long-term change for the U. S. economy. One reason for the dollar...

reading time about 1 minute
Jul 06 2025POLITICS

A Republican Lawmaker Steps Back from Congress

Rep. Don Bacon, a Nebraska Republican known for his moderate stance, has decided not to run for re-election next year. At 61, he's had enough of the grueling two-year election cycles. Bacon, a former Air Force officer, has represented a swing district that includes Omaha and rural areas since 2016. He's been one of the few Republicans willing to criticize former Pres...

reading time about 1 minute
Jul 06 2025BUSINESS

China's Brandy Battle: New Tariffs and Trade Talks

Trade tensions between China and European countries are heating up. China has just slapped new anti-dumping duties on European brandy, especially French cognac. This move comes after a long investigation into whether European brandy was being sold too cheaply in China, hurting local producers. The tariffs, which kick in tomorrow, range from 27. 7% to 34. 9%. They'll...

reading time about 1 minute
Jul 05 2025POLITICS

North Korea's New Beach Resort: A Glimpse into a Controlled Paradise

North Korea has unveiled a lavish beach resort, but don't expect it to welcome the world anytime soon. The Wonsan Kalma Coastal Tourist Area, located on the eastern coast, boasts around 400 buildings, including high-rise hotels and villas, catering to about 20, 000 guests. The complex also features a water park, gym, concert hall, and more. This project is part of K...

reading time about 1 minute