Cox Automotive reported that its Manheim Used Vehicle Value Index (MUVVI), which tracks the auction prices of used cars, plunged the most on record in December from a year ago as the auto market cools.
Shortly after FTX Digital Markets filed for Chapter 11 bankruptcy protection, Bahamian authorities seized $3.5 billion of digital assets from the failed cryptocurrency exchange, according to a statement late Thursday.
With four occupied regions of Ukraine currently in the midst of a five-day referendum on whether to join the Russian Federation, a Kremlin lawmaker told state media over the weekend that the territories are likely to be absorbed by Russia on September 30.
Russia’s war in Ukraine escalated this week when Russian President Vladimir Putin announced a partial mobilization of the country’s military and vowed to use “all available means” to deter future attacks against Russia — a reference to the country’s diverse nuclear weapons arsenal.
Earlier on Wednesday Russian President Vladimir Putin announced what he dubbed a "partial mobilization" of national forces while vowing to use all means necessary to defend Russia and pledged to annex the territories already occupied by Russia, as we detailed, significantly raising the stakes in the seven-month-old conflict.
This year's heat waves and subsequent droughts resulted in the hottest summer in recorded European history, according to a report by the Copernicus Climate Change Service (C3S) - an EU-funded Earth observation agency.