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Brussels Pushes Nuclear and Renewables to Solve Europe Energy Crisis

Key Points: The closure of the Strait of Hormuz cost Europe an extra €22 billion in fossil fuel bills in just 44 days. Brussels wants to expand renewable and nuclear power, which already generate over 70% of European electricity. A massive emergency package offers joint oil releases and direct income support to help families pay high utility bills. A group of 15 member states formed...

Tesla Plans Global Expansion of Full Self-Driving Software

Key Points: Tesla will release the FSD V14 Lite software to international markets after the United States launch. The company designed the V14 Lite version specifically to support older vehicles equipped with Hardware 3 chips. Engineers must complete technical tests and adapt the software for different regional driving laws before launching. Tesla leaders cannot provide an exact timeline because the software still needs strict regulatory...

China Expands Zero-Tariff Trade Access to All African Nations

Key Points: China will apply zero-tariff treatment to 20 additional African countries starting May 1, 2026. The government will keep this new preferential trade policy active until April 30, 2028. Exactly 33 of the least developed African nations already received 100% tariff-free access in December 2024. China becomes the first major global economy to offer unilateral tariff-free trade to all African nations with which it...