#USA #economy #tariffs - Nobel laureate discusses how tariffs hurt supply chain: Yahoo Finance

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6 March 2025

The Trump administration will be hosting the first-ever crypto summit at the White House on Friday, March 7, where President Trump is expected to lay out his plans for the future of a US strategic crypto reserve.

Trump announced via a social media post that the new strategic crypto reserve will be comprised of cryptocurrencies ethereum (ETH-USD), Solana (SOL-USD), XRP (XRP-USD), cardano (ADA-USD), and bitcoin (BTC-USD).

Paul Krugman, a Nobel Prize-winning economist, joins Morning Brief host Seana Smith and weighs in on the prospect of the US investing in a crypto reserve.

"To the extent that crypto is in widespread use, it's almost entirely for criminal activities, money laundering, extortion payments," Krugman states, going on to add: "And it's true that people have bought crypto and driven the prices way up. But you ask, well... why are we investing in something where it's still not at all clear what the point is? And what does it even mean to have a crypto reserve? It's not like a reserve of oil that you can use..."

Also catch Paul Krugman comment on the "destructive" nature of President Trump's tariffs that he is planning to levy against Canada and Mexico

To watch more expert insights and analysis on the latest market action,

check out more Morning Brief here: https://finance.yahoo.com/videos/seri...

#youtube #stocks #stockmarket

#USA #oligarths - Murphy Breaks Down Trump And Musk's 'Rampage Of Open Corruption', Likens Them To Russian Oligarchs: Forbes Breaking News

6 March 2025

During remarks on the Senate floor Thursday, Sen. Chris Murphy (D-CT) spoke about the 'open corruption' of Elon Musk and President Trump during the first six weeks of the Trump Administration.

Christopher Scott Murphy (born August 3, 1973) is an American lawyer, author, and politician serving as the junior United States senator from Connecticut ...

Forbes - Wikipedia

#Russia #Putin #oligarths - Rise and Fall of Putin's Oligarchs | Inside the Russian Elite | ENDEVR Documentary

23 February 2025

Watch 'The Rise of Putin: From KGB Agent to Leader of Russia' here:    • The Rise of Putin: From KGB Agent to ...   When Vladimir Putin came to power in 2000, Russia’s super rich saw him as a technocrat they could control, just as they had dominated his predecessor, Boris Yeltsin.

They had a rude awakening in 2003, when Putin arrested, caged and exiled the richest man in Russia. Looking on from their yachts, jets and castles, the Oligarchs sent the same message to Putin:

“How do I avoid being caged?” His response: “50 percent.” In one bold stroke Putin spread fear across his land, consolidated his power and likely made himself the richest man on earth.

Now, with war raging in Ukraine, the Oligarchs are caught between sanctions in the west and a backlash at home. This is the story of Russia’s super rich and the man who rules over them.

#ENDEVR #FreeDocumentary #russiaukrainewar

#F1 - Mercedes-AMG PETRONAS F1 Team announces ambitious first steps towards sustainable carbon fibre composites for 2025 Formula 1 season

 

Press Information 6 March 2025

 
F1: Sustainability
 
Mercedes-AMG PETRONAS F1 Team announces ambitious first steps towards sustainable carbon fibre composites for 2025 Formula 1 season

• This season will be the first time in which innovative sustainable carbon fibre composites will be used in Formula 1 on the W16.
• Our efforts in this space have been made possible through close partnership between the team and INEOS Nitriles, and collaboration with Toray, Syensqo and Sigmatex.
• Pioneering sustainable materials projects in Formula 1 will provide a significant opportunity to scale this innovation beyond motorsport, to industries such as aviation and aerospace.
• Toto Wolff, Team Principal and CEO, Mercedes-AMG PETRONAS F1 Team said: "When you combine performance and innovation, you create progress. I am proud to lead a team of problem solvers who are committed to driving sustainable change".

Today, we are communicating our first steps on the road towards sustainable carbon fibre composites. In concrete terms, this means that we will qualify and apply sustainable carbon fibre composites to our race cars during the 2025 Formula 1 season, without sacrificing any on-track performance.
 
Carbon fibre composites form approximately 75% of our race car materials, helping us to achieve the highest levels of performance and safety. Innovations in these materials provide a significant opportunity to reduce the carbon footprint of our car, supporting our goal to achieve Net Zero across all scopes by 2040.
 
Carbon fibre composites are primarily formed of two key components: the fibres and the resin system. By weight, approximately 60% of the composite material is formed of fibres, with 40% made up by the resin system. Impregnating the fibres with the resin system, followed by curing, creates a lightweight material with outstanding mechanical performance necessary to meet the unforgiving demands of Formula 1.
 
Working closely with the FIA within the scope of the relevant regulations, we aim to demonstrate that sustainable carbon fibre composites can perform to the same technically demanding requirements as traditional materials.
 
To qualify a carbon fibre composite material for use on the race car, it must undergo rigorous laboratory testing to provide understanding of its technical properties and performance. Transferring from the lab to the racetrack requires further trials and verification to ensure the material behaviour aligns with expectations.
 
The identification and subsequent qualification of sustainable materials solutions would not be possible without the continuous innovation and ongoing support of our supply chain; each carbon fibre composite component involves four to eight suppliers to deliver the final product.
 
To achieve a sustainable carbon fibre composite, both components - the fibres and the resin system - must be addressed. Working collaboratively with our supply chain, the team has two separate projects underway for introduction later this year, one of which will address the resin system and one the carbon fibres themselves.
 
Formula 1 is the world's fastest test lab and these innovations represent the latest step in our transition towards a more sustainable sport. As a team, we are committed to pursuing sustainable high performance. We were the first global sports team to invest in and help scale the market for Sustainable Aviation Fuel and in 2024, we successfully powered our European season using HVO100 biofuel.
 
Our work on these pioneering sustainable materials projects in Formula 1 provides a significant opportunity to scale this innovation beyond motorsport. Innovation drives performance, and these developments can shape industry futures from aviation and aerospace to technical performance fabrics.
 
Toto Wolff, Team Principal and CEO, Mercedes-AMG PETRONAS F1 Team
"When you combine performance and innovation, you create progress. I am proud to lead a team of problem solvers who are committed to driving sustainable change. I would like to thank our partners for supporting our drive for material innovation, and to the FIA for enabling us to test these materials. Collectively we are moving the dial on sustainable products and demonstrating that Formula 1 continues to be the fastest laboratory in the world."
 
Alice Ashpitel, Head of Sustainability, Mercedes-AMG PETRONAS F1 Team
"We are proud to be at the forefront of sustainable innovation within our sport. Leadership must be driven by innovation and our team's efforts in this space are the latest demonstration of our ambition to become one of the world's most sustainable global sports teams. We look forward to exploring the application of sustainable materials this season."

Notes to Editors
 
Collaboration is vital to our success, with advancements in our materials sustainability strategy made possible by close co-operation with our carbon fibre and composites supply chain. We would like to give thanks to our Principal Partner INEOS, fibre manufacturer Toray, fabric weaver Sigmatex and resin formulator and prepreger Syensqo.
 
INEOS
INEOS is a global manufacturer of petrochemicals, speciality chemicals and energy. In recent years, INEOS's scope of operations has diversified with the launch of INEOS Automotive and INEOS Hygienics, acquisition of iconic British brand Belstaff and an ever-expanding sports portfolio. Comprising 30 individual businesses, INEOS operate 173 facilities in 32 countries around the world.
www.ineos.com
 
Toray
Toray Group supplies the most comprehensive range of carbon fibre materials in the market, from high-performance premium fibre for aircraft applications, to affordable large tow for wind turbines. Our capabilities also include fabric, prepreg, intermediary materials, and composite parts thanks to strategic investments in technology and processing capabilities. We manufacture carbon fibre globally, with production sites across Asia, Europe and America.
www.toray.com/global
 
Syensqo
Syensqo is a science company developing groundbreaking solutions that enhance the way we live, work, travel and play. Inspired by the scientific councils initiated by Ernest Solvay in 1911, we bring great minds together to push the limits of science and innovation. As an established leader in composites for automotive applications, Syensqo has been developing novel and efficient solutions for motorsport OEMs for nearly four decades.
www.syensqo.com
 
Sigmatex
For over 30 years, Sigmatex has been a pioneer in the design, development and manufacture of carbon fibre textiles to the composites industry. By achieving excellence in innovation, service level, quality and trust, Sigmatex are driven to be the first-choice partner in high performance carbon fibre textiles.
www.sigmatex.com

F1 Schedule 2025

2025 FIA FORMULA ONE WORLD CHAMPIONSHIP™ RACE CALENDAR

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#amazon #facebook #shopping - How Facebook Marketplace Amassed More Shoppers Than Amazon: CNBC

6 March 2025

Facebook’s losing younger users, but one thing is keeping people hooked: Marketplace. With over a billion users in 70 countries, it’s now one of the biggest resale platforms, bigger than eBay and Craigslist in some places.

Unlike other sites, Facebook doesn’t charge listing fees, making it a top choice for Gen Z, budget shoppers, and secondhand sellers. But how important is Marketplace to Facebook’s future? And is Meta using it to grow its ad business?

#CNBC #ecommerce

#ReArmEurope #eudebates #EUCO - Europe Stands Strong: A Historic Decision That Will Change Everything! EU Debates | eudebates.tv

6 March 2025

"We are coming out of this European Council determined."

These words from President Ursula von der Leyen mark a turning point for Europe. In a time of crisis, leaders have united to take extraordinary measures to strengthen our defense, support Ukraine, and secure our future.

What does this mean for Europe and the world?

Watch now to find out.

EU Minus One: 26 Stand Strong, Hungary Stands Alone!

#music #musica - Lady Gaga - "Zombieboy" (Official Audio)

7 March 2925

MAYHEM OUT NOW http://ladygaga.com

#Ukraine #defence - EU states discuss air protection zone 'Sky Shield' for Ukraine | DW News

6 March 2925

European military experts have presented a plan that could offer Ukraine protection from Russian missile and drone attacks. Called 'Sky Shield,' it involves deploying a European force of 120 fighter jets to protect Kyiv and western Ukraine from Russian air strikes.

The initiative proposes covering three of Ukraine's operating nuclear power plants and the cities of Odesa and Lviv, but not the frontline or Ukraine's east. Its authors stress that Sky Shield would be an explicitly Europe-led air protection zone operated separately from NATO.

'Skyshield deserves wide support' How can Europe's immediate support for Ukraine look like?