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The volatility of the yen is raising concerns among investors and economists alike. The recent fluctuations in the currency have been drastic, with the yen hitting a 34-year low of 160 to the dollar before quickly rebounding to around 155 to the dollar. Speculation abounds about the involvement of the Bank of Japan in stabilizing the exchange rate, with rumors swirling about significant intervention by the central bank. Market watchers are eagerly awaiting confirmation from the Bank of Japan regarding their actions in the currency markets. Initial data suggests that the BoJ may have spent over $30 billion in an…

The curse of endurance racing The FIA WEC endurance race at Le Mans is well underway, with teams battling it out for the top spot in the 24-hour race. At 08:56, the #7 Toyota made a pit stop under the safety car, taking the opportunity for a full service with new tires and a driver swap. Kamui Kobayashi took over from Nyck de Vries, and they rejoined the track behind the B Safety Car. The top three teams, including the #6 Porsche, and the #8 and #7 Toyota, are separated by mere seconds behind the safety car at 08:48. However,…

Walter Robinson Jr., a 35-year Ford employee, expressed his disbelief at the support for Donald Trump among his coworkers, estimating that about 40% are in favor of the former president. Robinson, who has worked his way up from the assembly line to quality control, questioned how Trump, who has never held a traditional job, could understand the struggles of working-class Americans like those in the Ford plant. Robinson often engages in debates with his colleagues, highlighting President Joe Biden’s support for organized labor and the UAW’s endorsement of him. Despite his efforts, Robinson finds that many of his coworkers are…

Carvel’s iconic Fudgie the Whale cake has been a beloved staple for Father’s Day celebrations since 1977. The vanilla and chocolate-flavored ice cream cake was originally created as a special promotion for the holiday and quickly became a favorite among customers. Fudgie the Whale was not intended to be a mascot for the Carvel brand, but rather a delicious treat to fill the freezer cases at Carvel shops. Founder Tom Carvel created the cake using a plastic, whale-shaped mold and topped it with fudge, one of Carvel’s most popular toppings. The process of making a Fudgie cake involves layering soft-serve…

The global phenomenon of unprecedented immigration is sweeping the rich world, with countries like America, Canada, Britain, and Australia experiencing record levels of influx. Last year, the United States saw 3.3 million more people move in than move out, a staggering increase compared to the levels seen in the previous decade. Canada welcomed 1.9 million immigrants, while Britain and Australia saw 1.2 million and 740,000 newcomers respectively. These numbers represent a significant surge in migration for each country, with Australia and Canada experiencing more than double their pre-COVID levels of net migration, and Britain seeing intake levels 3.5 times higher…

In a recent statement, George Conway, husband of former White House counselor Kellyanne Conway, has made a prediction about the Supreme Court ruling on President Trump’s immunity. Conway, who is also a prominent conservative attorney, expressed skepticism about the President’s legal arguments in two cases involving his financial records. Conway stated, “It’s truly an astonishing argument that the president is making — that he is immune from any investigation involving his conduct, even if it occurred before he became president, and even if it involves no official acts of the president while in office.” The Supreme Court heard arguments in…

When it comes to economic growth, America consistently outperforms Europe in various aspects. This superiority can be attributed to a multitude of factors such as technological innovation and abundant oil reserves. However, one of the simplest explanations for America’s economic success is often overlooked – the sheer hard work of its people. According to a statement made by the head of Norway’s oil fund in an interview with the Financial Times on April 24th, it was suggested that “Americans just work harder”. Surprisingly, this statement is supported by empirical evidence, making it a rare case of national stereotypes being backed…

On June 16, 1884, history was made when the first roller coaster in America opened at Coney Island in Brooklyn, New York. Created by LaMarcus Thompson, the Switchback Railway was a groundbreaking amusement ride that traveled about six miles per hour and only cost a nickel to ride. The coaster took passengers along West Tenth Street from Surf Avenue to the ocean. The rollercoaster did not make a round trip loop, instead, it consisted of two sets of parallel tracks descending in opposite directions from elevated towers. Riders had to get out of their cars after they came to a…

In a recent interview, UFC chief Dana White shared insights into his 25-year-long friendship with former President Donald Trump. White described Trump as a loyal friend who has supported him throughout his career. The pair first met in the 1990s and have maintained a close relationship ever since. White praised Trump’s business acumen and leadership skills, highlighting his ability to make tough decisions. Despite facing criticism for his association with Trump, White remains steadfast in his support for the former president. “He’s been a friend of mine for so long, and I can tell you this: the loyalty and the…

In fact, Russia’s gas industry has been in decline for years, its infrastructure crumbling and investments insufficient. Yet it was good enough to keep the West hooked. Pipelines, the so-called “energy arteries of Europe”, have been in place for decades, making it hard to switch energy suppliers overnight. However, after being blackmailed by Russia once too often, Europe started investing in alternative energy sources. As a result, renewable energy now accounts for over 20% of the EU’s electricity production, up from 10% in 2021. This shift has not only reduced Europe’s dependence on Russian gas but has also helped the…