Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

News

Mikhail Gorbachev, ex-Soviet leader, dead at 91

Published

on

The former president of the former USSR, Mikhail Gorbachev, is dead at the age of 91

Russian news agencies reported hospital officials declaring the prominent Soviet leader dead.

Mr Gorbachev’s office said earlier that he was undergoing treatment at the hospital.

He will be remembered as serving as the last Soviet president.

He helped end the Cold War without bloodshed but failed to prevent the collapse of the Soviet Union.

“The country was loaded to the brim with weapons. And it would have immediately pushed the country into a civil war,” he famously said.

Gorbachev was a committed communist, but forged arms reduction deals with the United States and partnerships with Western powers to remove the Iron Curtain that had divided Europe since World War II.

Unlike previous Kremlin leaders who had sent tanks to crush uprisings in Hungary in 1956 and Czechoslovakia in 1968, when pro-democracy protests erupted across the Soviet bloc nations of communist Eastern Europe in 1989, he withheld his people from using force.

According to Reuters, Gorbachev struggled in vain to prevent that collapse.

Continue Reading

Leaders

Elon Musk is projected to become the world’s first trillionaire

Published

on

Elon Musk, the visionary entrepreneur behind Tesla and SpaceX, is projected to achieve an unprecedented financial milestone by becoming the world’s first trillionaire by 2027.

Currently the richest person alive, Musk holds a staggering net worth of $251 billion, with Tesla playing a major role in his fortune.

At this rate, experts predict his wealth could skyrocket, reaching the trillion-dollar milestone in just three years.

Tesla itself is growing at a remarkable pace, with a market value nearing $670 billion. #featured #trending

Continue Reading

Money

Treasury Secretary believes the U.S. are on track for a “safe landing”

Published

on

Treasury Secretary Janet Yellen pointed to a “soft landing” for the economy, with unemployment slightly down despite slower job creation.

In a recent interview on Bloomberg, Yellen stated that “For the US, the kinds of metrics that we would monitor that would summarise risks — whether it’s asset valuations or a good degree of leverage — things look good, I don’t see red lights flashing”. #featured #trending

Continue Reading

Leaders

Trump promises to slap unprecedented tariffs on foreign allies

Published

on

Former President Donald Trump has promised to slap unprecedented Tariffs on foreign allies, including the European Union, if he wins the 2024 presidential election.

Trump pledged to reduce the corporate tax rate from 21% to 15% for companies that make their products in the U.S.

While he had already said he wanted to cut the corporate tax rate to 15%, he had not previously tied that lower rate to keeping manufacturing inside the country. #featured #trending

Continue Reading

Trending Now