dollars

Without knowing very well how, two KIA employees have stolen 1,000 engines in five years. And the hole is 2.3 million dollars

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“In this plant there are missing engines.” Something like that must have said in the plant Kia in India where an audit discovered that there were missing engines. Specifically 900 combustion blocks that nobody had news and that They would have disappeared during the last three years. With the passage of time the investigations have followed their course and, with them, they have discovered that the hole was even greater than expected. They point out in Motorpasion that the last investigations suggest that the engines would have disappeared because, during five yearstwo employees have stolen them from the factory itself. And, specifically, it has been a total of 1,008 combustion blocks that have raffled the safety of the plant at some point throughout it. 2.3 million in combustion engines The investigations, evidently, wondered how two operators could get more than a thousand engines out of the Kia plant without anyone noticing. And the answer seems obvious: they were not alone. According Police have unraveled what happened have discovered that, at least, they calculate that Six people They were involved. Two of them inside the factory, two others who worked on their transport and one last couple were in charge of their distribution. The workers had positions of responsibility within the motor line and point to The Economic Times that falsified company documentation as invoices and papers in which the output of the engines was registered to transfer the doors. One of these workers is detained and is being investigated but the second is missing. Once this first control is over, it is believed that engines They were transferred in a truck to Nueva Dheli. That is, a trip of more than 2,000 kilometers since it is necessary to cross a good part of the country. Trucks used false registration plates and indicate in Reutersalready in the city they were distributed selling them as they had left the factory. That is, completely assembled. The money that points to a hole in KIA accounts of 2.3 million dollars, according to the police, was used for personal expenses, purchase of homes and solve past debts. The robbery realized in Kia following some strange movements registered by the security and documentation cameras that did not square. Regarding punishment, in Motorpasion They point out that the two employees They have not yet been accused of a specific crime for which they will have to wait for the trial. However, Local media They point to sentences that could exceed 10 years in prison once the process ends. Photo | Kia In Xataka | After the theft of 12,000 cars in a year, the police in this city have given a neighborhood council: leave the keys in sight

that of a gold toilet of six million dollars

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The history of latrocinio is almost? as old as that of humanity itself, but few chapters have left as delusional, unexpected and embarrassing as the one that was lived more than five years ago in Blenheim Palacethe luxurious residence of Oxfordshire (United Kingdom) in which in 1874 the Premier Winston Churchill. The reason is very simple: in September 2019 a band of thieves took from there neither more nor less than a heavy toilet of almost one hundred kilos. Of course, it was not any toilet. The toilet in question was a work of art elaborated with solid gold of 18 carats and valued in six million dollars. To understand what happened in Oxfordshire in 2019, it is necessary to go back a few years ago and look to the other side of the Atlantic, to New York. There, in 2016, the controversial artist Maurizio Cattelan He decided to elaborate a piece with which he intended to offer a satire about the excesses of the American art and sleep market. He called her ‘America’ and the work itself (exact!) consisted of A gold toilet. Something more than a sculpture The most striking thing is that Cattelan not only manufactured his famous gower with 18 carat gold, which explains that the piece coasts the whopping of six million of dollars. That was provocative, but not enough for Maurizio Cattelan, author of Performance as controversial as ‘La Nona Ora’a sculpture that shows John Paul II hit by a meteorite, or the most recent ‘comedian’, a banana attached to the wall with adhesive tape that in 2024 was auctioned by 6.2 million. No. The most curious of ‘America’ is that it was a toilet Fully functionalthought so that people could use it just like the toilet of their home or any bar. Hence, the piece ended up installed in one of the sinks of the Guggenheim Museum in New York, where about 100,000 people They queued to see it … and experiment how it was to relieve solid gold. The performance liked it so much that in 2019 it ended up crossing the Atlantic to expose itself as a loan in the Blenheim Palaceone of the most solemn places in Oxfordshire County and throughout England. After all, it is one of the best examples of baroque architecture in Great Britain, is considered a World Heritage for UNESCO since the late 80s and is the place where Prime Minister Winston Churchill was born in November 1874. If in New York the work had caused sensation, in Oxfordshire things were not different. Between both place there was a crucial difference: those responsible for Blenheim They underestimated the risks that someone could take the toilet. “It won’t be easy to steal,” assured In 2019 Edward Spencer-Churchill, of the Blenheim Art Foundation. “It is connected to the network. And a potential thief would have no idea who used it for the last time or what he ate.” In summary, the toilet was connected to the piping and drains of the palace, weighed almost one hundred kilos and also people used it to leave their debris there. In addition, it was an avant -garde work of art, which eclipsed in some way its strictly material value. So … who would want to steal it? In Blenheim the idea sounded so far -fetched that surveillance had a weak point at night. When the palace closed its doors, the bathroom cubicle was left without supervision, outside the closed circuit of cameras. Crassus error. ‘America’ was art, but also gold, kilos and more kilos of 18 carat gold. It is said that only metal cost about those dates some 3.6 million of dollars. And that represented a caramel too appetizing for thieves. Result? It happened that it was expected. On the night of September 14, 2019, shortly before five o’clockA, a band of criminals broke into the farm of the palace, raided the building, the toilet started, loaded it in the trunk of a car and came out whistling. All in just five minutes. The ajar and close with an eye that left the security of the enclosure or the police without margin to react. ‘America’ has only two days on exhibition in Oxfordshire. Almost six years later, the recordings of the cameras and the investigations of the agents themselves allow us to better understand how the famous blow of the Váter of the six million dollars was given. The band, composed of five peopleused two stolen vehicles To sneak in the farm hours after the last guests left, then they broke a window and used decks and levers to start the lyric of the toilet and separate it from the palace pipe system. Once the task was completed, they loaded the piece in one of the cars and escaped. Recently Eleanor Paice, employee of the palace and slept that night in an apartment for Blenheim staff, related to the BBC How he lived that night more than five years ago: he woke up startled when he heard the noise of broken crystals and ran to the main courtyard when he felt the alarm. Once there I just gave him time to see the outcome of the robbery. “There were shadows and quick movements. I saw them approach the vehicle, get on … and go shot,” he recalls. At first the team did not know what thieves had taken. The first thing Paice thought for example was in a churchill relic. Only when examining the stays they realized what had happened and that the thieves had caused a small flood. “If the golden toilet that was there was beautiful, perfect, majestic and immaculate, this was the opposite. It was shattered,” confesses The executive director of the Palace, Dominic Hare. The institution knew how to react after the disaster. The staff covered the burst with police tape and decided that, in the absence of the famous solid gold toilet, that crime scene became part of the exhibition. The claim attracted the … Read more

The anger between Musk and Trump has made Tesla lose 100,000 million dollars. Is the least of his problems

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Elon Musk and Donald Trump have staged for hours a breakdown of a bloody divorce. With accusations exchanged in which it has threatened to withdraw aid to electric cars, the Disassembly from the International Space Station And it has come to the fore to Epstein’s namethe afternoon has been moved in the United States. The clash has mobilized the entire Maga Movement In favor of each other (including the request of the Elon Musk deportation). And, in the middle of all, Tesla. 14%. Without a doubt, the afternoon figure in the United States. That is what The actions of Tesla came to fall Although, at the end of the day, there was a small rebound that left the action losing more than 11 % at the end of the day. Thus, the price of the action started the day exceeding $ 322 and closed it by $ 284.70. If the final rebound had not occurred, we were talking about the shareholder would have left another 10 dollars per share. However, it is estimated that Tesla has left some 100,000 million dollars Yesterday. On a personal level, Elon Musk has seen 34,000 million dollars volatilize with his discussion yesterday. Although we focus here on Tesla, we must not lose sight of the US government contracts with Starlink or Space X. The youngest of the problems. In total, it is estimated that Tesla has lost $ 100,000 million in the last fight between Trump and Musk. The dialectical crossing has caused a socavon in the graph of the actions but that is not the greatest of the problems. Now, with Trump as an enemy of Musk, Tesla has to row in a complicated scenario. The Robotaxi. It is the first indicated. Elon Musk announced that The first deployment of the robotaxi Tesla would take place in the city of Austin (Texas) whose mayor is from the Democratic Party But there are more derivatives that are intimately linked to the expansion of the service. However, The Governor of Texas is a republican And, in fact, the State is one of the bastions of the party. To this is added that NHTSSA is a state entity in charge of appraining the novelties that want to apply to circulate on the road. With their decisions, for example, it forces operators to have flyers and pedals In their cars, something that I wanted to eliminate Elon Musk in his robotaxis. The NHTSSA. The National Highway Traffic Security Administration (NHTSA) is also responsible for carrying out the accident investigations that occur when driving aid systems are active and has actively pursued the highway of Tesla. Its financing depends on the United States Congress and depends on the Department of Transportation that is directed from the Government. In addition to the previous investigations, it is the one who is approved so that a vehicle can work with a higher level of autonomy. For example, it is the one who rewarded Mercedes with the possibility of circular without the driver paying attention to what you have ahead. Yes indeed, In very specific circumstances. The aid. The withdrawal of the aid to the purchase of electric cars was something that, initially, did not seem to worry Elon Musk. Right now, the company’s leadership is so evident in the United States that they are the competitors of Tesla, who cannot offer the same autonomy-price relationship, Those who have to lose. However, it is clear that the withdrawal of aid can damage the sales of the company and Tesla is not in a position to leave sales right now. In Europe, Every month passing is a bleeding and In China its sales have also decreased To the point that Byd is already the brand that VWe are more purely electric cars In the Asian country. Regulatory credits. Another of the income roads that Tesla has been exploiting in recent years is the EMISSION CREDIT SALE. Donald Trump also showed his intention to prevent this type of practices that allow Tesla to draw income that since 2012 They have added 11,000 million dollars. When accountability before the institutions, companies have to meet emission objectives. If they exceed the maximum allowed figure, they can Buy emission bonds to companies that have not reached said limit. Thus, they lower their average emissions and avoid a strong fine. The beneficiary company receives the money from a competitor but although the number of emissions increases, of course, below the limit that marks the economic punishment. Goodbye to the Stock Exchange. Although it is not the biggest problem, the last six months have been a roller coaster of emotions for Tesla’s shareholders. At the end of 2024, the company closed the records in record, touching the $ 480 per share in mid -December last year. Since then, the controversial messages of Elon Musk, His Nazi greeting during the day Donald Trump took command of the United States or Your support for the AFD ultra -right party in Germany caused a sudden fallen that made us clear to what extent the image of Musk viciaba the stock market of the actions of Tesla. Little by little, the rumors of his departure from the United States government were already consolidating from mid -May, the shares consolidated the rise that had already begun in April. On May 7 the shares were worth $ 276. The confirmation that Musk focused on Tesla He lifted its price up to $ 363. In a few hours the entire climb has eaten. And what is expected. In addition to the obstacles that the United States government can put to the expansion of robotaxis, the elimination of regulatory aid and credits, it remains to be seen how the shareholders will receive divorce between Musk and Trump. Tesla is not going through her best moment. Its sales have collapsed in Europe And in China the rivals have been eating ground for a long time. It remains to be seen if the arrival of the Tesla Model … Read more

Paradoxes to save the planet from a private jet or a squeeze of 500 million dollars

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If we ask you that Bill Gates, Jeff Bezos or Elon Musk have in common, the most immediate (and obvious) answer, it would probably be: “Millions of dollars” Hundreds of billions of dollarsin fact. However, these millionaires also stand out for their contributions, direct or indirect, to sustainability and to stop climate change. However, despite all their efforts to protect the planet, these millionaires cannot avoid falling into a large paradox: fighting climate change mounted on private jets and supereyates that They cross oceans just for your wealthy owners to enjoy a weekend. Jeff Bezos: red carpets, awards and teak A few days ago, Jeff Bezos and his fiancee Lauren Sánchez Balearic waters changed To address the French Costa as a previous scale To his appointment in Venice, where the millionaire and the eventual astronaut will marry from June 24 to 27. The reason for that stop in Cannes’ waters could not be more noble: to go to the gala that the beneficial gala of The Global Gift Gala that organized the Spanish Global Gift Foundation. At that gala, Lauren Sánchez collected the award Global Gift Women Empowerment Awarein recognition of his work at the head of the Bezos Earth Fund. As its name indicates, this is a foundation funded by Jeff Bezos and, its main objective is, literally“Solve the great current problems, such as climate change, food security, forest protection, ocean management.” Once the recognition for such a laudable task, the millionaire couple returned to the 500 million dollars. None of this would attract attention, taking into account that Jeff Bezos is the second greatest fortune in the world according to Forbes. Jeff Bezos Koru Silhouette with the candles deployed However, as Louis Pisano stands out in One of his latest articlesis that the couple gathered recognition of work in the preservation of the environment and the fight against climate change to, immediately, upload board of a superyate in which, according to its manufacturer recognized Given justice, illegal teak wood of Myanmar forests had been used. Beyond the materials used in its construction, a study revealed that, despite being the world’s largest private sailboat and using the force of the wind to navigate, the Koru It uses two 12 -cylinder and 1,468 hp MTU diesel engines. According to data from A studyMade by researchers from the University of Indian His base in Florida and the Destinations in the Caribbean either The Mediterranean. Jeff Bezos’s schooner sees how emissions double Navigate next to Abeonathe support yacht of the Koruthat does not relieve its emissions displaying candles, but depends 100% of its engines. Bill Gates does not feel “part of the problem” Jeff Bezos is not the only millionaire who incurs this paradox. Bill Gates supports from its Bill and Melinda Gates Foundation different projects that fight against global warming and for the preservation of natural habitats. Gates also supports different energy solutions from its companies looking for an alternative to the fossil fuel burning and has financed projects to develop technologies that capture CO2 of the atmosphere to store it underground. However, although the millionaire is dedicating all his fortune To that end, the millionaire is aware of His “guilty pleasure“: A Global Express BD-700 Bombardier who uses as a private jet for his displacements. His personal friend Warren Buffet baptized Gates’s private jet as indefensible, precisely because of the paradox that means using one of the most polluting means of transport for his displacements. Gates has never hidden his preference for private jet and in a Interview with the BBC I declared: “I feel comfortable with the idea that, not only am I not part of the problem when paying compensation, but also through the billions that my innovative energy group is spending, I am part of the solution,” arguing that the help you can provide with your work that the damage they cause with the CO2 emissions of your private jet is more valuable. Elon Musk, sustainable only at ground level With its commitment to the electric car and the use of solar energy, Tesla has made a big difference in the reduction of CO2 traffic emissions in cities. However, you can’t say the same as its CEO, Elon Musk. According to 2023 data collected by account @Elonjetnextday That analyzes the movements of the private planes of Elon Musk, the millionaire emits about 107 tons of CO2 to the atmosphere every week of average. Together, the Elon Musk’s private jet displacements generated 5,159 tons of CO2 a year, compared to the 7.7 tons that, on averageeach inhabitant broadcasts a year. Without yacht or private jet, of course. In Xataka | Sub -Saharan Africa has something that all developed countries yearn: Carbon credits Image | Oceanco, Blue Origin, Flickr (India government, World Bank Photo Collection)

The US feared a boycott of its tourism sector. It already has a first calculation and shows a hole of 12.5 billion dollars

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He “Make America Great Again” promises get expensive To the American tourism industry. Fulfilled the first 100 days of Trump’s mandate and after a start of the year marked by the Tariff warthe aggressive immigration policy from Washington and his distancing from historical allies, such as Canada or the EU, US tourism faces turbulence. He last report of the World Travel and Tourism Council (WTTC), based in London, predict that distrust From foreign travelers it will cost the country around 12.5 billion dollars. And the figure goes with a message included. “This is a US government attention call”, warns The WTTC. What happened? That the WTTC, a forum that brings together the private tourism industry, has just thrown a jug of cold water at the expectations of the sector in the US. And the reason is very simple: according to the forecasts of its technicians the travel, hotels, restaurants and other businesses that depend on tourism will enter much less dollars out of foreign pockets. To be more precise the WTTC talks about a loss of about $ 12.5 billion in foreign visitors spending, an “amazing sum”, Apostille. Where does that data come from? The organism does not clarify how it has calculated it, but it does contribute some context. According to your data In 2024 international visitors who arrived in the US spent about 181,000 million dollars. If its forecasts are fulfilled, in 2025 the figure will remain in “just under 169,000 million”. It is a forecast that could vary if the circumstances that have motivated that collapse of spending, but a priori leaves two bad readings. The first is an interannual fall of almost 7%. The second is that the US tourism industry moves away from the data it handled in 2019, before the pandemic. He WTTC calculates that during that year foreign visitors generated a revenue flow of about 217.4 billion euros that promoted job creation in the country. “Today that legacy is in danger,” warns the organism in A statement in which he sends a couple of errands to Donald Trump’s executive. Why is it important? For the weight of tourism in the American economy and the threats it faces. The US is one of the main destinations of the world. His trade department estimates that last year he received some 72.4 million of international visitors who contributed to the tourism and travel sector contributing, as a whole, 2.36 billion of dollars to the national economy and generate more than 20 million jobs. The administration itself benefits from this activity via tax revenues. The problem is that the vast majority of that tourist expense (almost 90%) It did not start with visitors from other countries but from the domestic market, of travelers who moved nationwide, within the country. For the WTTC that percentage is somewhat a challenge. “This strong dependence on local tourism masks a serious vulnerability: true growth resides in the international market, and the US is losing its leadership,” They warn. Spain leaves a good example: the flow of foreign tourists moves in record levels while falls The domestic. Is there anything else? Yes. WTTC forecasts contradict those who handled It is not so much The US National Travel and Tourism Office (NTOO), which expected the flow of international visitors to the US to increase 6.5% between 2024 and 2025 to reach 77.1 million. In 2026 he even trusted to reach 85 million, which would exceed the data prior to the pandemic. By 2027 it provided for an expense level of 279,000 million Of dollars, quite above what the WTTC now forecasts for this year. Are all forecasts? No. The study of the WTCC cites data from March of the US Department of Commerce that already reveal a contraction in the flow of international tourists. Specifically, it shows an interannual “prick” of 15% in the British market, of more than 28% in Germany, almost 15% in South Korea and between 24 and 33% in “other key markets”, such as Colombia or Spain. “As expected, the Canadian market is exhausted: reserves in early summer have dropped more than 20% compared to last year,” Add the WTTCwhich ensures that in general the country is receiving fewer visitors from both its neighbors and distant nations, “a clear indicator that the global attractiveness of the United States decreases.” The agency ensures that it is the only destination of the 184 analyzed that faces the 2025 exercise with a downward forecast. And what is the reason? The newspaper The New York Times remember That in 2024 the spending of travel in the US already remained below the values ​​prior to the health crisis, basically due to the strength of the dollar and its influence on the budgets of tourists from other countries. The situation is quite different today. Both in regard to The currency as to the geopolitical context, which explains for the WTTC what is happening to foreign tourism in the United States. “The world’s largest economy and tourism is on a bad way, not due to lack of demand, but action. While other nations extend the red welcome carpet, the US government hangs the ‘closed’ poster, closed ‘, Julia Simpson ditchExecutive Director of the WTTC. “If urgent measures are not taken to restore travelers’ confidence, the US could take several years to return to the expenditure levels of international visitors prior to the pandemic.” Is it something unforeseen? Not quite. The tariff war, Washington’s clash with Denmark, Canada or Mexico and especially arrests In the borders and the confusion with visas It has been affecting the flow of travelers to the United States for some time. In fact there is talk of A boycott that extends beyond tourism, industry and Commerce. The US International Trade Administration already registered in March that the number of European visitors who spent at least one night in the country had fallen 17% With respect to last year. The data could be explained in part for the effect of Holy Week … Read more

Elon Musk asked for calm and endure the actions of Tesla. Its president did otherwise and has won 230 million dollars

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While Tesla is going through one of the more complicated moments Of recent years due to a drastic fall in its sales, Robyn Denholm, president of the company’s board of directors has starred in a series of movements that have caught the attention of investors and analysts. In the middle of the Financial storm and of A reputational crisis That whips the manufacturer, Denholm has sold a significant part of his Tesla shares, obtaining about 230 million dollars, while Elon Musk asked his investors to maintain his shares. The paradox that Denholm raises is evident: while the company struggles to recover the market and customer confidencethe most responsible for the Council unchanges the fate that Employees can run and Tesla shareholders. Millionaire sales in full crisis. According to He informed Associated PressRobyn Denholm has sold more than 230 million dollars in Tesla shares since Elon Musk He expressed his support for Donald Trump After his attack. More than half of this amount was obtained in the first four months of 2025, just before the value of Tesla’s actions lost a good part of its value And that its benefits They will collapse 71%. Little attachment for actions. One of the reasons why the directors and members of the Board of Directors of the companies receive a good part of your salary in shares is to link its economic benefit with The prosperity of the company They represent. Therefore, when a manager sells shares during a crisis, investors perceive that something very bad happens. According to published by The New York Timessince Denholm assumed the presidency of the Tesla Board of Directors at the end of 2018, he has sold titles worth $ 530 million, undoing more than 1.4 million shares. That represents more than half of your participation in the company. According to the regulations of the US stock and values ​​commission (SEC), most of these sales were made under Pre -established sales plans presented as of July 2024, coinciding with the Elon Musk’s political implication And the beginning of Turbulences for Tesla. Contradictions with Musk’s speech. Although the operation of shares by Denholm is completely legal, the chosen moment has generated doubts about his confidence in the future of Tesla. His mass sale of shares contrasts with the message that Elon Musk directed its employees Last March, when he explicitly asked them to “hold on to their actions” and not sell them, trusting in the “brilliant and exciting” future for the company, although the price of their shares did not stop falling. While Musk I tried to calm down To the workforce and the small investors with a categorical “what I am saying is that they keep their shares,” Denholm opted to liquidate part of their assets in the company, sending a signal opposite to the market and minority shareholders. Controversies in its management. Denholm’s management at the head of the Board of Directors of Tesla had already been subject to controversy before its massive sale of shares. Both Denholm and other council members were accused in court for not properly protecting the interests of shareholders, especially during the approval process of the Elon Musk’s salary package. Reuters It echoed In July 2023 that Denholm and other executives of Tesla had reached an agreement to return 735 million dollars, after being accused of having granted excessive compensation taking advantage of their position in the company, reinforcing the image of a more focused management on their own benefit than on the collective interest of the shareholders. On May 1, 2025, Tesla canceled the rights on Packages of Actions of Actions of Denholm and other executives of Tesla as payment of that sanction. In Xataka | The Tesla employees letter requested by Elon Musk’s cessation has generated layoffs. It has not been that of his CEO Image | Wikimedia Commons (Cebit Australia), Tesla

A retiree and his children have stolen millions of dollars to Ford in office material. Indeed, lights, caps and bumper

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Although in February this year Audi closed its Brussels plant After 75 years in operation, the road was not simple. In the middle of the workers’ protests, someone had an idea: take the keys of 200 cars, put them in a box and remove them from the factory. Clean, simple and with 200 kidnapped cars whose unit value was around 100,000 euros. As simple as keep a box under the jacket and go through the door. More complicated seems to steal the entire engine of a car. This is what was discovered A few months ago in India. For five years, up to 900 Kia combustion engines were stolen from their plants and has not been clear to what extent some worker of the company itself is involved. However, and although large, one can understand that engines from a factory have been steal if they manage to partially disassemble. But how can one take a car cap? And a bumper? This is what they wonder in Ford where a retiree and two children, company workers, have committed a “billionaire” robbery for more than two years. Hello, dad, I bring you a bumper The information, which comes from Detroit Free Pressa police note echoed in which it was confirmed that four people have been arrested for the theft of pieces of different Ford assembly chains that later sold on Ebay. Among those arrested is a former Ford employee but the identity of any of them has not been revealed so far. The pieces were stolen from three Ford plants, one in Deabane, another on a mounting plant in Michigan and one last in Flat Rock. In Motorpasion and The Drive They point out that three of these four men were family. One of them was a retired father and the other two were his children who had contact with a Ford employee. The extracted pieces were taken to stores where they accumulated for sale. A robbery that, according to the local police, is encrypted in “multimillionaire”. And it is that the four employees would have been subtracting and selling pieces for more than two years. The most curious thing is that it is not small or easy to hide pieces. Among the products found were car headlights but also Bumper and Capóslarge pieces therefore. An agent pointed to Fox That the stores where the pieces were stored were covered to the roof. The investigation is analyzing how these pieces could be taken out of the plant without attracting attention from other employees and will have to discover how they were eliminated from the inventory so as not to attract attention since all the pieces in a mounting plant usually have some type of code that identifies each piece. In addition, from the police they point out that they are still looking for new indications that take them to ships or warehouses where the suspects could save the pieces, taking into account the volume of them and the economic damage that it seems to have caused. Photo | Ford In Xataka | The “Sowing Method” alerted by the Civil Guard: this is the new scam popular in the great parking lots

Saudi Arabia has signed a check of 7,000 million dollars for Nvidia. Jensen Huang is now 12,000 million richer

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In his Official visit to Saudi ArabiaDonald Trump has been accompanied by an entourage of technological entrepreneurs including Elon Musk, Sam Altman, Lisa his and Jensen Huang. The presence of all these technological executives is justified within the framework of A GREAT COMMERCIAL AGREEMENT Between both countries valued at 600,000 million dollars, which includes the sale of more than 18,000 GB300 Blackwell GB300 chips in NVIDIA. After knowing the agreement, Nvidia’s shareholders launched a trip to buy shares of the manufacturer, causing Jensen Huang’s personal fortune to have increased by 12,000 million dollars in just a few hours. A breath of air for Nvidia. The agreement with Saudi Arabia arrives as A breath of fresh air After weeks of uncertainty about commercial limitations With China for tariffs, which underlines the strategic importance of this movement. “The AI, like electricity and the Internet, is an essential infrastructure for every nation. Together with Humain, we are building an AI infrastructure so that the people and companies of Saudi Arabia make the bold vision of the kingdom come true,” Huang said after the signing of the agreement. According to A statement of Nvidia, the agreement includes a first phase with the supply of 18,000 processors for AI GB300 Grace Blackwell For Saudi Arabia to develop Your data centers. Such and as they said From NVIDIA, the objective is to enhance the Saudi technological infrastructure and accelerate its digital transformation as part of the Vision 2030 Plan of which also It is part of neomand whose objective is that the country’s economy stop depending on your deposits of oil and gas. Humain and Saudi Arabia. The key partner of Nvidia in this agreement is Humain, the Saudi state company of artificial intelligence, Backeddirectly by the Public Investment Fund (PIF) of the Saudi kingdom, which also Finance the pharaonic works of neom. Humain was created with the aim of developing AI technology. The company is directed by Tareq Amin, a exexecutive of Aramco Digital, and has the direct support of the heir prince Mohammed Bin Salman. The agreement with Nvidia is Humain’s first great step to materialize this vision and an important capital injection for Nvidia, which opens a new booming market for its chips for ia. A joy for investors. According The published by CNBCthe announcement of the agreement has had a Immediate and very positive effect In the quotation of Nvidia. Their shares rose 6% in a single session after the news is public, and maintains its upward trend adding an increase of 16.78% in recent days. With this announcement, the recovery of the technological giant price rhythm is consolidated, which recovers 37% from its minimum of 2025 registered in April after the uncertainty generated by the USA tariffs to China. Bank of America analysts They estimatedthe total value of the agreement at 7,000 million dollars, which together with the estimate of Chips sales to United Arab Emirateshas returned optimism to technological investors. Well for Nvidia, well for Huang. Jensen Huang cannot be more satisfied with the agreement signed with Saudi Arabia. Thanks to the response of his shareholders, the assessment of his fortune has increased by 12,000 million dollars in a single afternoon, achieving the Greater gain in dollars In a single day for an executive of the technological sector that controls 3.5% of Nvidia’s actions. This fortune places Huang at the doors of the top 10 of the world’s largest fortunes, with an estimated total heritage of 118.2 billion dollars, turning Huang into the eleventh person richer on the planet. The Nvidia CEO is just one step behind figures like Amancio Ortega – which occupies the tenth place In the Forbes ranking-; Steve Ballmer, Excus from Microsoft; or the founders of Google Serguéi Brin and Larry Page. In Xataka | The secret of Nvidia’s success does not hide in her chips: she is in the emails that Jensen Huang Lee every day Image | Nvidia

Harley-Davidson wanted to move from thunderous noise to electric silence. The joke has cost him 20 million dollars

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20 million dollars. It is what It has cost Harley-Davidson The experiment of offering an electrical alternative to its classic custom motorcycles. Livewire, the brand that created by and to offer a different path to that of combustion motorcycles, has only managed to sell 33 motorcycles in the first quarter of 2025, 72% less compared to last year. A Lousimo Year Start. In the first quarter of 2025 Harley-Davidson sold 38,000 motorcycles. In the same period, he sold 33 Livewire. In the case of its electric motorcycle division it is a 72%drop, although 2024 was not a good year: they sold 117 Livewire compared to 57,000 Harley-Davidson. The company itself recounts in its account report that there is no demand for electric motorcycles, and that losses in this division amount to 20 million dollars. What Livewire offers. The world of motorcycles is passionate, even more so if it fits in the case of buying a Harley. They are faces, little efficient and with dynamic qualities at least debatable. Even so, they fall in love with thousands of users worldwide for their aesthetics, thunderous sound and quiet travel philosophy. It is not something they have managed to convey with Livewire. Although its slogan is that of “Electric motorcycles with soul”the reality is that the state of the electric motorcycle beyond the urban scooter, is gloomy. Models such as Alpeist S2 have a price of 19,148 and an official 194km autonomy in city, just over 100km on open road. Figures that make practically impossible to bet on one of these motorcycles to the minimum that we want to leave with them. Harley is not alone in this desert. Ego, one of the pioneers in electric motorcycles and the main protagonist of the Moto E category (the electric GP motorcycle), announced its bankruptcy in October 2024. Pioneer marks such as Zero, with barbarities such as SR/S (a motorcycle with 275km autonomy, recharges in an hour and a tip of 200 km/h), are sold in Spain for 23,790 euros. They are especially high prices compared to any of their combustion alternatives, practically double. The passionate element. The electrification in the car is inevitable: it is, for the most part, a utensil to move from point A of point B (a separate question is how much we want to spend on it and how fans we are of motor racing). But, on the road motorcycle, the thing changes. The only rational motorcycle is the scooter. Everything else is the result of passion for motorcycling, weekend routes and, on a great extent, sound. According to Anesdor data, as of April 2025, the electric motorcycle is 4% of the Spanish Total Spanish Park, completely starring scooters (both particularly and, mainly, rental fleets). The future of the motorcycle. Motorcycles, due to their low displacement, are usually much less polluting vehicles with respect to cars. It is something that will increase even more with the new regulations, Much stricter in noise and emissions. Associations such as Anesdor fight for a legal framework in which the motorcycle is protected and can function as a sustainable mobility alternative. The surcharge of electric motorcycles is especially notable, with products that double the price at their combustion alternatives even in the simplest models. If we add that, with current technology, The autonomy is around 100kmthis segment is especially difficult to open hollow. Image | Xataka In Xataka | The 11 cheapest and most autonomy electric motorcycles: the best quality-price options

9,000,000 dollars that prevented a major catastrophe in the great recession

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On October 28, 1929, the Down Jones index collapsed almost 13%. It was one of the most devastating days of Wall Street and the ‘Black Monday‘who marked the Great Depression of 1930. The consequences worldwide were devastating, but it is a cyclical that was repeated in 2008 and that He threatened just a month ago. The financial crisis of 2008 was one of the greatest economic shocks in recent history, and in it there was a history as chanante as representative of the operation of the banks. The 9,000 million dollars check. Collapse. He Origin of the recession was … United States. The banks spent years emitting massively high -risk mortgages (credits to individuals who were not going to be able to pay them) and packaged those operations as opaque products and poorly qualified by valuation agencies (they had more risk than it was said). They were the calls “Toxic assets“That banks and funds from all over the world had bought. It is what caused rampant speculation and an artificial real estate bubble. And all the elements led to the fall of several financial institutions as powerful as Lehman Brothers. The banks stopped lending money, affecting both the entities and companies themselves. There was no money, the stock market fell into chopped jobs and governments had to inject billions to avoid the collapse of the financial system. Aid! Between it was Morgan Stanleyone of the world’s largest investment banks (the US Big Four with Lehman Brothers, Goldman Sach and Merrill Lynch) who needed the same as the rest of the entities: a rescue. The great independent entities sought how to get billions to continue operating, and the state of Morgan Stanley It was critical. After flirting with some banks, including a Chinese controlled by the state, they put their hopes in Mitsubishi UFJ. It is one of Japan’s biggest banks and, after intense negotiations, agreed to inject a stratospheric amount. 9,000 million. It is said soon, but with that figure they would get 21% of Morgan Stanley and an annual dividend of 10%. They would be done with a good piece of the American banking cake and Morgan Stanley could continue to operate, but there was a problem: there was no way that the amount arrived in time to avoid collapse. In fact, everything pointed in one address: if that money did not arrive, the bank would disappear. Time ran against a Morgan Stanley who, in a matter of days, saw how his shares fell from 60 dollars to less than $ 10. Transfer and holidays. We were in 2008 and the methods were the same as today (that does not speak well of traditional banking, precisely). The negotiation between the entities was urgently held a weekend and if you are one of those who make transfers, you already know what that means: banks do not make transfers on the weekend or holidays. Due to Columbus dayIn addition, they were going to be closed until Tuesday and, in addition, a transfer took between two and three days. It may, by then, Morgan Stanley no longer existed. In addition, the entity needed to make the announcement of the fusion as soon as possible to relieve the load a bit and show the investors that there was light at the end of the tunnel. The solution was as archaic as effective: paper and boli. Of joke. In the negotiation, one of the members of the Morgan Stanley team commented a “what a pity that you cannot simply extend a check. account That attendees laughed, but it was a laugh followed by something like “a moment, it can work.” And what if it worked: if Mitsubishi could face extending a check of 9,000 million dollars, nothing prevented Morgan from depositing it at the bank before the markets opened on Tuesday morning. Thus, they could announce the fusion, they would have the money on the account, the investors would be happy and the end of the story. Round. Japanese negotiators called the central, they found that they did have the ability to extend that check and the result was as follows: A role that guaranteed that Morgan Stanley received an injection of 9,000,000 dollars and that caused an increase in the price of shares of $ 9.68 to $ 17.92 when the markets opened on Tuesday. The operation had gone well for both and today, Morgan Stanley has a capitalization of 190,000 million, while Mitsubishi’s investment today exceeds 40,000 million. A round business that, rather than for history itself, is curious for how a piece of paper (the most expensive in history, could be?) It was imposed on the limitations of the Banks computer system. In fact, in the documentary that the firm made About their history a few years ago, they recognize the most important of this matter: they were lucky. Images | Mortan Stanley In Xataka | “A hole we have never seen”: 25% tariff

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