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Fury as Ferrari’s F1 blunder costs them the Monaco Grand Prix

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It was a dramatic day on the grid at the Monaco Grand Prix, as Red Bull stole the Victory from Ferrari

Red Bull’s Sergio Perez claimed the win, with Ferrari’s Carlos Sainz in second, and Red Bull’s Max Verstappen in third.

https://twitter.com/redbullracing/status/1530946347314159621?s=20&t=w6LIY_HlcBYtchcaK8KaIQ

https://twitter.com/Carlossainz55/status/1530986560614715392?s=20&t=w6LIY_HlcBYtchcaK8KaIQ

https://twitter.com/Max33Verstappen/status/1531000590645530625?s=20&t=w6LIY_HlcBYtchcaK8KaIQ

So what went wrong for Ferrari on race day?

Well, Charles Leclerc lead the team in pole position at his home race and looked sure to claim the victory.

The wet conditions meant drivers started the race on the appropriate tires and change them when the track dried.

However, Ferrari called Sainz in early for the change. Confusion on the team radio then saw race-leading Leclerc also pull into the pits.

This meant both Ferrari drivers were in the pits at once, handing their lead over to Red Bull.

This is a big no-no in Formula One and is seen as a strategic blunder that cost Ferrari the race.

Monaco’s course is known to have little room for error and minimum opportunity to overtake, which makes these team decisions critical.

Leclerc finished fourth place overall and was extremely furious at the team’s mistake.

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The EV transformation expands to legacy vehicles

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This week witnessed another milestone in the automotive industry as the legendary Mercedes-Benz G-Wagen embarked on its electric journey, aligning with global sustainability efforts.

Simultaneously, Toyota and Mazda debuted EV offerings tailored for the booming Chinese market, signalling a strategic shift towards collaboration with advanced Chinese partners.

While the electric G-Wagen promises both eco-friendliness and off-road prowess with its innovative design, questions arise about Japanese automakers’ perceived lag in EV development, countered by the strategic imperative to tap into the rapidly growing Chinese EV market. As automotive icons embrace electrification and traditional players adapt through partnerships, it’s clear that collaboration and innovation will drive the future of mobility.

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The degree dilemma, income shifts, debt, and dream homes

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As individuals face the daunting choice between paying off student debt, saving for a first home deposit, or exploring alternative options like rentvesting, careful consideration of various factors becomes imperative.

 

In the midst of these challenges, a couple in the inner north ingeniously employed a strategy to realise their dream of a larger home while managing HECS debt and affordability hurdles.

Rentvesting emerges as a viable solution for individuals grappling with the burdens of high HECS debt and property affordability issues.

Moreover, the decreasing income premium tied to a university degree is closely intertwined with changing economic dynamics and shifts in the job market, underscoring the need for innovative approaches to education and financial planning in today’s society.

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President Biden signs TikTok bill – what’s next?

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TikTok users could soon find that the popular social media service is either under new ownership or could be outright banned in the United States.

President Joe Biden signed a bill into law that requires TikTok to find a new owner—or face a ban in the United States.

Over the past several months, Washington D.C. has been under pressure to ban the popular Chinese-owned social media app.

Lawmakers and security experts have long raised concerns that the Chinese government could tap TikTok’s trove of personal data about millions of U.S. users.

TikTok’s CEO said the bill is disappointing and reiterated that the company has committed to challenge it.

David Zhang from China Insider. joins Veronica Dudo to discuss

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