Page 46 - Ivan Glasenberg News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Make Tesla Great Again Send by mail : Message : Required fields I hope you like Mexican food, because today's news is spicy. On the menu, a bit of crypto-pollution and a nice deep pass for Elon on Bitcoin. Then, let's take a closer look at Western countries' dependence on China for rare metal supplies, which could hamper electric vehicle manufacturers. Crypto-sourcing Bitcoin consumes more electricity than many countries on the planet. According to the Bitcoin Electricity Consumption Index, the mining of the leading cryptocurrency would consume 143 terawatt hours. That's more than Norway (124...

Undoubtedly, the Covid-19 pandemic and resultant lockdowns crippled the South African economy. For months, various sectors battled to stay alive due to various restrictions. Even now, the tourism and alcohol industry – to name a few – are still trying to bounce back from last year. But, as Mike Schussler writes below, the South African economy was in a spot of bother even prior to the Covid-19 pandemic. While he says that the country should see some bounce back, the economy is in deep trouble. – Jarryd Neves By Elize Kruger and Mike Schussler for Brenthurst Wealth GDP is either produced...

Mosebenzi Zwane served as Free State agriculture MEC when he flew to India in October 2012. He was on the same flight as the Umsingizane Gospel Choir. He helped form the choir and had recorded a number of songs with the group. Members of the choir and Zwane’s staff used his iPad and email account to arrange their accommodation in India. The travel and accommodation details were forwarded to Ashu Chawla, who worked for Sahara Computers, owned by the Gupta family, who appear to have paid for the choir’s trip. In those emails from Zwane’s private account, Zwane was listed as one of the cho...

Middle East & AfricaGovernments from Mongolia to Mali seek to reopen mining deals Jeff LewisHelen Reid 5 minute read Some resource-rich developing countries are seeking to rewrite mining contracts and accelerate dividend payouts, which can take years to materialize under deals that experts said are tilted in companies' favor. Any move to renegotiate agreements will trigger pushback by miners wary of threats to their profit margins, experts said, and previous attempts have caused protracted disputes. Mongolia became the latest country to demand better terms, asking for more tax revenue from Ri...

Electric cars may make driving too expensive for middle classes, warns Vauxhall chief Carlos Tavares, chief executive of Stellantis, says forcing car industry to go electric could have unintended environmental costs 12 May 2021 • 2:19pm Driving could become the preserve of the rich as Britain and other countries around the world impose bans on diesel and petrol cars and embrace electrification, the boss of Vauxhall owner Stellantis has warned. A global rush to go electric could make cars too expensive for the middle classes, said Carlos Tavares, chief executive of the world's fifth-bi...