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Rolls-Royce unveils yacht inspired luxury car worth $30 million

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Rolls-Royce, the iconic British luxury carmaker, has introduced an extravagant limited-edition automobile, the Rolls-Royce La Rose Noire Droptail, inspired by 1930s yachts.

This extraordinary vehicle reimagines the conventional Rolls-Royce four-seat sedan as a sleek two-seat roadster, an unparalleled move by the luxury car manufacturer.

While the exact price remains undisclosed, other models in Rolls-Royce’s exclusive coachbuilt line typically retail for around $28 million. However, the La Rose Noire Droptail, of which only four will be crafted, comes with a higher manufacturing cost.

Car’s design

The car’s exterior features a low-slung design, while the interior is adorned in crimson hues, taking inspiration from the French Black Baccara rose. The car is affectionately named “La Rose Noire” due to the rose’s significance to the commissioning owners, believed to be a prominent family, who describe it as “beloved by the mother.”

Inside the car, the dashboard showcases over 1,600 pieces of black sycamore wood trim veneer, meticulously cut into symmetrical triangles with accents of red, reminiscent of rose petals caught in the wind.

The vehicle also boasts a dedicated champagne storage compartment, housing a bottle from the commissioning family’s private vineyard. A custom Audemars Piguet watch is elegantly mounted into the dashboard, offering a lavish touch. Audemars Piguet is known for its luxurious timepieces, with the popular Royal Oak model retailing for approximately $26,200.

Minimalist design

The car’s dashboard maintains a minimalist design, featuring only three buttons for essential functions, such as hazard lights and quick-control tasks. Additional controls are discreetly integrated into the center console.

The exterior of the Droptail reflects the French Black Baccara rose motif with a sumptuous red hue called “True Love.” Rolls-Royce reveals that achieving this unique color took 150 iterations to perfect.

Measuring 17 feet in length and 6.5 feet in width, the Droptail embodies a lower-to-the-ground design at the back, reminiscent of a sailing yacht’s silhouette, while the iconic Rolls-Royce Pantheon-style grille graces the front. A subtle detail noted by the company is the “True Love” painting on the reverse side of the grille’s vanes, visible only through indirect reflection.

Notably, this marks the first time in a century that Rolls-Royce has introduced a two-seater model. The company emphasizes that the La Rose Noire Droptail represents its most complex construction project since its inception in 1906.

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Calls for tougher protest laws following terror attack

Former minister urges NSW-style protest restrictions after synagogue arson, calling for stronger action against antisemitism.

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A former minister of the Andrews government has criticized Victoria Police for overlooking terror symbols in Melbourne and is urging state Labor to adopt stricter protest regulations akin to those in New South Wales.

Philip Dalidakis, who served from 2015 to 2018, linked the recent arson attack on the Adass Israel synagogue to a failure in public safety measures.

He is advocating for the introduction of protest permits and enhanced police authority to disperse gatherings.

Prime Minister Anthony Albanese has labeled the synagogue attack an act of terrorism, a stance not shared by Victorian Premier Jacinta Allan, who refrained from such a designation to avoid hindering police investigations.

She characterised the attack as designed to instill fear within the Jewish community.

Community fear

Albanese signaled that the attack fits the definition of terrorism due to its intent to incite community fear.

He highlighted Labor’s commitment to Jewish community safety, referencing $25 million allocated to enhance security and an additional $32.5 million pledged.

Opposition Leader Peter Dutton condemned the attack as a national disgrace and accused Labor of failing to address rising antisemitism.

He, along with former Liberal treasurer Josh Frydenberg, called for a formal terrorism designation and the formation of a police taskforce against antisemitism.

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Assad granted asylum in Russia amid regime change

Bashar al-Assad granted asylum in Russia; Biden emphasizes opportunities and risks post-Assad era in Syria.

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Former Syrian President Bashar al-Assad and his family have been granted political asylum in Moscow, according to a source from the Kremlin reported by TASS.

Assad, who was last in Damascus on Saturday, fled the country early Sunday, as confirmed by both Syrian and Arab security officials.

Russia’s foreign ministry indicated that he had officially stepped down and left the country.

Though Assad planned to address the nation Saturday evening, the speech never took place.

His wife and children had previously departed for Russia in late November, with his brothers-in-law moving to the United Arab Emirates.

Potential risks

President Biden referred to the fall of the Assad regime as a “historic opportunity” for Syrians to shape their future.

He acknowledged both the potential and risks involved.

Biden credited his administration’s actions, such as supporting conflicts in Ukraine and Israel, for weakening Assad’s position by diverting the resources of his allies: Russia, Iran, and Hezbollah.

He reiterated the ongoing U.S. sanctions against Assad’s regime.

The U.S. plans to send senior officials to the region and provide humanitarian aid to support the Syrian people during this transition. Biden confirmed that the U.S. military presence in eastern Syria will continue, particularly to secure prisons housing Islamic State members.

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Young men profit from risky crypto and political betting

Young men are increasingly investing in risky crypto and political bets, yielding high returns despite potential risks and disadvantages.

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Young men are increasingly taking risks in cryptocurrency and political betting, reporting substantial gains as markets rise.

Investments by young men are significantly outperforming traditional ones.

A diverse portfolio consisting of bitcoin, gold, GameStop, and DraftKings yielded a 62% return in 2023.

Many young male investors view their speculative trades as a pathway to traditional goals, supported by the entertainment aspects of mobile trading. However, owning cryptocurrency and meme stocks is influenced by gender attitudes. Data from the Pew Research Center shows a stark disparity between young male and female investors in crypto ownership.

Political expectations

The recent surge in bitcoin prices is partly due to favorable political expectations surrounding the newly elected administration. Political betting has also grown, with a majority of participants being male and under 30.

Many young men feel compelled to pursue risky investments due to economic pressures and perceived barriers. While they report higher earnings, nearly half claim to face discrimination, contributing to feelings of alienation.

The pandemic fueled increased retail participation in investing, especially among younger demographics. Influencers on online platforms significantly impact investment decisions, often promoting risky behavior.

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