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Honda to set up $11 bln electric vehicle, battery plants in Canada: Honda Motor plans to invest C$15 billion ($11 billion) in new EV and battery production ...
reuters.com/business/autos-transportation/honda-set-up-11-bln-ev-production-base-canada-2024-04-25/
Quick Glance: Honda to Establish $11 Bln EV, Battery Plants in Canada
- Honda plans to invest C$15 billion in new EV and battery production plants in Ontario alongside existing facilities to support the growth of North American demand for EVs.
- Production is set to start by 2028, with an annual capacity of up to 240,000 EVs and 36 gigawatt-hours for batteries to achieve the goal of having all North American sales from Honda be either EVs or fuel cell vehicles by 2040.
- The Canadian government and Ontario province intend to support Honda with around C$5 billion, with Honda contributing 60%-70% of the total investment to reduce costs by more than 20%.
- Honda will also collaborate with companies like Asahi Kasei and POSCO to further lower production costs and strengthen the EV supply chain in Canada, leading to an increase in jobs and economic growth.
Why South Korean pop culture rocks and North Korea’s does not: Dictatorship stifles creativity and joy
economist.com/culture/2024/04/22/why-south-korean-pop-culture-rocks-and-north-koreas-does-not
Quick Glance: Kim Leads Rocket Drills for Nuclear Counterattacks
- North Korean leader Kim Jong Un supervised rocket launches simulating nuclear counterattacks.
- The drills showcased the strength of the country's nuclear forces.
- The rockets were described as highly accurate and capable of carrying tactical nuclear warheads.
- The US and South Korea are responding with enhanced military exercises and nuclear deterrence strategies.
Honda’s $11 Billion Electric-Vehicle Expansion Includes Government Aid in Canada: Honda Motor Co. will spend C$15 billion ($11 billion) to build electric ...
bloomberg.com/news/articles/2024-04-25/honda-s-11-billion-electric-vehicle-expansion-includes-government-aid-in-canada
Climate change is slowing Earth’s rotation: This simplifies things for the world’s timekeepers
economist.com/science-and-technology/2024/04/24/climate-change-is-slowing-earths-rotation
Honda will build electric vehicles and their parts in Ontario with financial support from the Canadian and provincial governments under a plan to be announced ...
reut.rs/3Jtd1yn
Quick Glance: Honda's Major Investment in Electric Vehicle Factory in Ontario
- According to sources from federal and provincial government levels, Honda is planning to establish a significant new electric vehicle facility in Ontario.
- The forthcoming announcement of the agreement is expected to take place at Honda's facility in Alliston, where plans for a comprehensive project to manufacture electric vehicles, batteries, and components will be revealed.
- Honda's investment in Alliston is projected to surpass the existing major projects in the electric vehicle production sector in Ontario.
- The disclosure of the agreement with Honda is seen as a significant step in the government's efforts to attract companies for establishment in Canada within the emerging electric vehicle industry.
Has Taylor Swift peaked?: The musician is at the height of her commercial, but not her creative, power
economist.com/culture/2024/04/24/has-taylor-swift-peaked
Why so many Chinese graduates cannot find work: Our number-crunching suggests that their plight could be much worse than previously thought
economist.com/china/2024/04/18/why-so-many-chinese-graduates-cannot-find-work
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India’s financial system has improved dramatically in the past decade : There is much more change to come
economist.com/special-report/2024/04/22/indias-financial-system-has-improved-dramatically-in-the-past-decade
What are the obligations of Israel and Hamas to protect civilians?: International Humanitarian Law creates obligations—but contains numerous caveats
economist.com/the-economist-explains/2024/04/24/what-are-the-obligations-of-israel-and-hamas-to-protect-civilians
Finally, America’s Congress does right by Ukraine: Disaster has been dodged. But the political malaise that delayed the Ukraine funding bill remains
economist.com/leaders/2024/04/20/finally-americas-congress-does-right-by-ukraine
Can anyone pull Boeing out of its nosedive?: The American planemaker needs one hell of a pilot
economist.com/business/2024/04/24/can-anyone-pull-boeing-out-of-its-nosedive
Efforts to tackle student protests in America have backfired badly: Police intervention at Columbia has provoked protests at other universities
economist.com/united-states/2024/04/23/efforts-to-tackle-student-protests-in-america-have-backfired-badly
Dashcam video shows dramatic rescue from burning car: Drivers in Minnesota stopped in the middle of a highway to help pull a man out from a vehicle on fire.
bbc.com/news/av/world-us-canada-68860065
Don’t be gloomy about Tesla and its EV rivals : The industry has had a terrible few months. But demand is likely to pick up
economist.com/leaders/2024/04/24/dont-be-gloomy-about-tesla-and-its-ev-rivals
“We have to make Biden lose”: Arab-Americans are switching to Trump: Anger over Gaza in the swing state of Michigan might cost the president the election
economist.com/1843/2024/04/24/we-have-to-make-biden-lose-arab-americans-are-switching-to-trump
The tiny republic of San Marino is alarmingly friendly to Russia: Intelligence sources are concerned about the country, which is surrounded by Italy
economist.com/europe/2024/04/24/the-tiny-republic-of-san-marino-is-alarmingly-friendly-to-russia
How Russia targeted France and radicalised Emmanuel Macron: He is now one of Europe’s leading Russia hawks
economist.com/europe/2024/04/18/how-russia-targeted-france-and-radicalised-emmanuel-macron
Canada's planned capital gains tax hike may choke mining startups, dealmakers say
reuters.com/markets/commodities/canadas-planned-capital-gains-tax-hike-may-choke-mining-startups-dealmakers-say-2024-04-22/
Quick Glance: Canada's Proposed Capital Gains Tax Hike May Impact Mining Start-ups
- Canada's Prime Minister Justin Trudeau and Finance Minister Chrystia Freeland hold the 2024-25 budget, surrounded by members of Parliament on the hill of Ottawa. Canada's planned capital gains tax hike could deter investments in mineral exploration, according to the country's leading stock exchange operators and dealers.
- Prime Minister Justin Trudeau's government proposes increasing the share of capital gains subject to taxation to two-thirds for individuals with annual investment profits of over C$250,000 ($181,752), companies, and trusts to raise revenue for public programs. The measure will be effective on June 25 and could undergo amendments.
- Mining, oil, and gas exploration companies on the TSX Venture Exchange have raised funds by issuing flow-through shares, which account for 65% of all funds raised by exploration mining companies on Canadian exchanges. Canada's exploration companies have only raised C$240 million in March, down by 79% from a year ago.
- Industry lobby groups hope the government will provide an exemption for flow-through share investors, as failure to do so could jeopardize over 70% of all resource explorations in Canada. The proposed measure is feared to potentially signal the end of many mineral explorations in Canada.
Two years of war have impoverished many Ukrainians: The elderly, the displaced and the disabled are the worst affected
economist.com/europe/2024/04/21/two-years-of-war-have-impoverished-many-ukrainians
Congress tells China: sell TikTok or we’ll ban it: Only America’s courts can save the video app now
economist.com/business/2024/04/24/congress-tells-china-sell-tiktok-or-well-ban-it
Quick Glance: What Lies Ahead for TikTok in the US?
- The US Senate has unanimously approved a bill that could potentially lead to the banning of TikTok within nine months, unless its Chinese owner, ByteDance, withdraws from the video-sharing app due to concerns about national security threats.
- President Joe Biden has confirmed his intention to sign the legislation on Wednesday.
- ByteDance acquired the well-known karaoke app Musical.ly and rebranded it as TikTok back in 2017. It has become one of the fastest-growing applications in the United States, boasting 150 million monthly subscribers.
Reasons to be cheerful about Generation Z: They are not doomed to be poor and anxious
economist.com/leaders/2024/04/18/reasons-to-be-cheerful-about-generation-z
Primary schools in Britain are beginning to close : A baby bust is starting to work its way through the system
economist.com/britain/2024/04/11/primary-schools-in-britain-are-beginning-to-close
‘She gets to be 10’: Ontario child’s heart donated to girl the same age | Globalnews.ca
trib.al/Py6SPSU
Israel responds to Iran’s barrage with a symbolic strike: Both sides have a chance to de-escalate their conflict, at least for now
economist.com/middle-east-and-africa/2024/04/19/israel-responds-to-irans-barrage-with-a-symbolic-strike
Israel should not rush to strike back at Iran: Instead it should try a novel response to Iran’s missile attack: restraint
economist.com/leaders/2024/04/18/israel-should-not-rush-to-strike-back-at-iran
Quick Glance: Israel artist calls for Gaza ceasefire
- The representative of Israel at the international art fair is calling for an immediate ceasefire in Israel’s war on Gaza.
- Ruth Patir’s video installation called (M)otherland was scheduled to open on Saturday at Israel’s national pavilion at the international art show but will remain closed for now.
- Patir stated on her website that the artist and curators are showing solidarity with the families of the hostages and the large community in Israel calling for change, rather than canceling themselves or the exhibition.
- It is believed that there are still individuals in Gaza, including 129 captives taken during the attacks led by Hamas on Israel on October 7, with 34 of them presumed dead.
Train cars catch fire while moving through Ontario: Local officials reported no injuries after five train cars were spotted ablaze heading towards a downtown ...
bbc.com/news/av/world-us-canada-68878299
Frozen Russian assets will soon pay for Ukraine’s war: And America now hopes to convince others to make better use of the stash
economist.com/finance-and-economics/2024/04/18/frozen-russian-assets-will-soon-pay-for-ukraines-war
How Iran covered up the damage from Israel’s strikes: New images shared with The Economist show how a swap helped calm a crisis
economist.com/middle-east-and-africa/2024/04/24/how-iran-covered-up-the-damage-from-israels-strikes
The House of Representatives gives Ukraine its best news in a year: $61bn of aid is on the way. It should have an almost instant effect
economist.com/united-states/2024/04/20/the-house-of-representatives-just-gave-ukraine-the-best-news-it-has-had-for-a-year
Trump v Biden: who’s ahead in the latest polls?: The Economist is tracking the race to be America’s next president
economist.com/interactive/us-2024-election/trump-biden-polls
How to get more people into military uniforms: Why mandatory military service makes sense for some countries but not others
economist.com/leaders/2024/04/18/how-to-get-more-people-into-military-uniforms
Why the stockmarket is disappearing: Large companies such as ByteDance, OpenAI and Stripe are staying private
economist.com/finance-and-economics/2024/04/18/why-the-stockmarket-is-disappearing
Police arrest six, seek three others linked to Canada's largest gold heist: Canadian and U.S. authorities said on Wednesday six people have been arrested and ...
reuters.com/world/americas/police-arrest-six-seek-three-others-linked-canadas-largest-gold-heist-2024-04-17/
Quick Glance: Six Arrested in $22M Airport Gold Heist, Inside Job Unveiled
- Six individuals were arrested for the multimillion-dollar gold heist at Toronto's Pearson International Airport.
- Police identified it as an 'inside job' and charged nine suspects in connection with the crime.
- Investigations revealed that former Air Canada employees were allegedly involved in the theft.
- The criminals intended to use the stolen gold and cash to finance illegal firearms trafficking into Canada.
Ontario man stranded in Costa Rica due to lack of hospital beds at home | Globalnews.ca
trib.al/GI9bita
Who will lead the LVMH luxury empire?: Bernard Arnault sizes up his heirs apparent
economist.com/business/2024/04/18/who-will-lead-the-lvmh-luxury-empire
The growing role of fighting robots on the ground in Ukraine: Drones already fill the skies. Now uncrewed vehicles are heading to the front lines
economist.com/the-economist-explains/2024/04/19/the-growing-role-of-fighting-robots-on-the-ground-in-ukraine
Would you really die for your country?: Military conscription is on the agenda in the rich world
economist.com/international/2024/04/17/would-you-really-die-for-your-country
Generation Z is unprecedentedly rich: Millennials were poorer at this stage in their lives. So were baby-boomers
economist.com/finance-and-economics/2024/04/16/generation-z-is-unprecedentedly-rich
After Dobbs, Americans are turning to permanent contraception: More young women are tying their tubes
economist.com/graphic-detail/2024/04/19/after-dobbs-americans-are-turning-to-permanent-contraception
Taiwan Moves to Boost Its Global Standing with Chip Diplomacy: Taiwan is ramping up international cooperation deals with countries like Canada and France in ...
bloomberg.com/news/articles/2024-04-17/taiwan-moves-to-boost-its-global-standing-with-chip-diplomacy
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Inside the Kenyan cult that starved itself to death: During covid-19 a preacher lured thousands of people into a remote forest. Then he told them to stop eating
economist.com/1843/2024/04/19/inside-the-kenyan-cult-that-starved-itself-to-death
As Russia’s attacks step up, Ukraine fears waning Western support: An interview with the country’s new national security chief
economist.com/europe/2024/04/15/as-russias-attacks-step-up-ukraine-fears-waning-western-support
Japan is poised to fill an EV gap left by China: A new Honda facility in Canada shows that Asia’s auto industry is ready to meet North American needs.
japantimes.co.jp/commentary/2024/04/24/japan/japan-china-ev-gap/
'Bollard Man': Hero who confronted stabber promised Australia visa: The Prime Minister has told "Bollard Man" Damien Guerot he can stay in the country as long as ...
bbc.com/news/world-australia-68814812
What to read to understand Chechnya: Four books and a film that unpack an influential region of Russia
economist.com/the-economist-reads/2024/04/16/what-to-read-to-understand-chechnya
Without fanfare, the Philippines is getting richer: And its economy is unusually well-defended against American politics
economist.com/asia/2024/04/23/without-fanfare-the-philippines-is-getting-richer
A conservative strategist on how Joe Biden can win: Sarah Longwell says “double-haters” will decide the election
economist.com/by-invitation/2024/04/23/a-conservative-strategist-on-how-joe-biden-can-win
Quick Glance: Biden criticizes Florida's abortion ban and holds Trump accountable
- President Biden condemns the upcoming 6-week abortion ban in Florida.
- He blames Trump for appointing justices who overturned Roe v. Wade.
- Biden's campaign focuses on abortion rights to mobilize voters.
- Efforts to leverage Florida's abortion laws for political gain are highlighted.
Ukraine is ignoring US warnings to end drone operations inside Russia: Its superdrones can reach targets as far away as Siberia
economist.com/europe/2024/04/18/ukraine-is-ignoring-us-warnings-to-end-drone-operations-inside-russia
What to read about India’s economy: Can it emulate China’s past manufacturing success—and should it even try?
economist.com/the-economist-reads/2024/04/22/what-to-read-about-indias-economy
The dark side of growing old: A coming wave of Alzheimer’s and other forms of dementia will test China to its limits
economist.com/china/2024/04/18/the-dark-side-of-growing-old
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How we met: ‘She accosted me and told me she’d looked me up on Facebook’: Beccy, 49, and Natalie, 60, became best friends after she visited Natalie’s rescue farm ...
theguardian.com/global/2024/apr/25/how-we-met-she-accosted-me-and-told-me-shed-looked-me-up-on-facebook
Trump trial live updates: Moments after a jury was complete, a man outside the courthouse set himself on fire, a witness said
nbcnews.com/politics/donald-trump/live-blog/trump-hush-money-trial-day-4-live-updates-rcna145937
Quick Glance: Hush Money Trial: Trump's Silent Encounter with Insults
- Donald Trump has been forced to listen to potential jurors in his criminal hush money trial in New York openly criticize him.
- Transitioning from a life of adulation to facing critics, Trump now experiences a different reality without the control he's accustomed to.
- Previously shielded from critique, Trump now faces a trial with potential felony convictions and will have to endure listening to more criticism.
- Potential jurors exhibited a range of opinions towards Trump, from admiration for his business acumen to open criticism of his persona and rhetoric.
What to read about the history of California: Five books that help explain the power and problems of the Golden State
economist.com/the-economist-reads/2024/04/25/what-to-read-about-the-history-of-california
Why is so much of the internet’s infrastructure run by volunteers?: Malware smuggled into XZ Utils software highlights a bigger problem
economist.com/the-economist-explains/2024/04/23/why-is-so-much-of-the-internets-infrastructure-run-by-volunteers
Lakefield, Ont., couple celebrates $70M Lotto Max win after keeping it secret for 2 months | Globalnews.ca
trib.al/7Qr4fic
Truth Social is a mind-bending win for Donald Trump: And disturbing evidence of how he destabilises reality for Americans
economist.com/united-states/2024/04/18/truth-social-is-a-mind-bending-win-for-donald-trump
How Hollywood fell in love with video games: “Fallout” is the latest in a successful run of adaptations
economist.com/culture/2024/04/18/how-hollywood-fell-in-love-with-video-games
Even without war in the Gulf, pricier petrol is here to stay: Expensive oil could put Donald Trump in the White House
economist.com/finance-and-economics/2024/04/17/even-without-war-in-the-gulf-pricier-petrol-is-here-to-stay
A short history of India in eight maps: Understanding the breathtaking diversity of India and Indians
economist.com/graphic-detail/2024/04/12/a-short-history-of-india-in-eight-maps
What happens if Ukraine loses?: Russian victory would be debilitating for the West, and especially for Europe
economist.com/europe/2024/04/11/what-happens-if-ukraine-loses
Ukrainian Teen Describes Being Taken From School by Armed Men & Held in Russian-Controlled Territory
pbs.org/wgbh/frontline/article/ukraine-war-russia-children-teenagers-taken-held-putin-documentary-excerpt/
Käthe Kollwitz, a pioneering German artist, finally gets her due: Major exhibitions in Frankfurt and New York showcase her portrayals of the scars of war
economist.com/culture/2024/04/19/kathe-kollwitz-a-pioneering-german-artist-finally-gets-her-due
As plastic treaty talks open, countries more divided than ever: Countries are under pressure to make progress on a first-ever global plastics treaty this week ...
reuters.com/business/environment/plastic-treaty-talks-open-countries-more-divided-than-ever-2024-04-23/
Iran and Israel’s shadow war explodes into the open: But the Islamic Republic may have miscalculated
economist.com/middle-east-and-africa/2024/04/14/iran-and-israels-shadow-war-explodes-into-the-open
Train goes up in flames while rolling through London, Ont. Here’s what we know | Globalnews.ca
trib.al/A8L8EFN
Citigroup, Wall Street’s biggest loser, is at last on the up: Jane Fraser’s unexpected success
economist.com/finance-and-economics/2024/04/18/citigroup-wall-streets-biggest-loser-is-at-last-on-the-up
Why do cicadas have such a strange life cycle?: Two broods will soon emerge simultaneously for the first time in 221 years
economist.com/the-economist-explains/2024/04/19/why-do-cicadas-have-such-a-strange-life-cycle
On its 150th anniversary, Impressionism is surprisingly relevant: What the once-derided movement reveals about art today
economist.com/culture/2024/04/18/on-its-150th-anniversary-impressionism-is-surprisingly-relevant
The German chancellor’s awkward meeting with China’s boss: It is time for Xi Jinping to accept that Germany isn’t America’s puppet
economist.com/europe/2024/04/18/the-german-chancellors-awkward-meeting-with-chinas-boss
Canada to lease government land in plan to add millions of homes: Canada plans to ease a housing shortage by leasing public land to developers for construction ...
reuters.com/world/americas/canada-hit-by-housing-crisis-unveils-plan-build-millions-homes-2024-04-12/
Quick Glance: Canada's Ambitious Housing Plan to Address Crisis
- Canada plans to build nearly 3.9 million houses by 2031 under a new federal initiative to tackle the housing crisis.
- The plan, falling short by almost a third compared to projections, is expected to dominate the upcoming federal budget.
- With no direct role in construction, Ottawa must rely on policy measures and funding to ensure partners respond to the housing shortage.
- The measures include proposals to extend low-cost loans, utilize federal land for rapid house construction, and combat mortgage fraud inflating housing costs.
Ukrainian drone strikes are hurting Russia’s oil industry: The world’s third-largest producer is now an importer of petrol
economist.com/finance-and-economics/2024/04/11/ukrainian-drone-strikes-are-hurting-russias-oil-industry
Tensions mount between China and the Philippines : The latest incident was just inside the “nine-dash line”
economist.com/asia/2024/04/18/tensions-mount-between-china-and-the-philippines
Can the world save Sudan from a nationwide famine?: Also on the daily podcast: disappearing languages and Scottish wildcats
economist.com/podcasts/2024/04/25/can-the-world-save-sudan-from-a-nationwide-famine
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The IDF is accused of military and moral failures in Gaza: Its generals botched the strategy, and discipline among troops has broken down
economist.com/middle-east-and-africa/2024/04/11/the-idf-is-accused-of-military-and-moral-failures-in-gaza
Why a stronger dollar is dangerous: It sets the stage for a nasty new Trump-China clash, among other things
economist.com/finance-and-economics/2024/04/23/why-a-stronger-dollar-is-dangerous
Breaking the Silence: Israeli Army Veterans Tour U.S. & Canada to Speak Out Against Occupation
democracynow.org/2024/4/10/breaking_the_silence_israel
Ontario is about to change when your boss can ask you for a sick note: Ontario is planning to relax rules on sick notes and is testing artificial intelligence ...
thestar.com/politics/provincial/ontario-is-about-to-change-when-your-boss-can-ask-you-for-a-sick-note/article_591ca7c2-025a-11ef-882c-cbb4058f9a21.html
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