World / The Economic Times
Israeli airstrikes on Saturday targeted key facilities in Iran that were linked to its defunct nuclear weapons program and solid fuel missile production. These strikes potentially hampered Iran's missile production capability, as assessed by researchers using commercial satellite imagery.
Droves of donkeys in Karachi are becoming less viable due to rising feed costs and expanding city limits, which now hinder their utility for low-income workers. Once the backbone of transport from wholesale bazaars, their role is being overtaken by more efficient motorized rickshaws.
Elon Musk has pledged to donate $1 million daily until November's election to signers of his petition supporting the U.S. Constitution. He awarded the first $1 million to John Dreher in Pennsylvania. Musk's efforts are part of his support for Donald Trump's campaign, including his America PAC, to mobilize voters in battleground states.
Elon Musk, founder of Tesla and SpaceX, held an event in support of Donald Trump in Pennsylvania. He encouraged early voting, though some attendees were skeptical. Musk emphasized the importance of upholding the U.S. Constitution and highlighted concerns about voting system integrity. The event was part of a larger effort by Republicans to rally their base.
China has urged India to cautiously manage Taiwan issues to avoid affecting Sino-Indian relations after Taiwan opened a third representative office in Mumbai. China's Foreign Ministry stressed adherence to the one-China principle as essential for maintaining diplomatic ties.
Elon Musk invested more than $70 million into America PAC, aiding Donald Trump's 2024 campaign. America PAC, now central to Trump's efforts, has spent over $38 million on voter canvassing, utilizing several consulting firms linked to former political aides. Musk's donations substantially support GOP candidates.
The number of Americans filing new unemployment claims fell unexpectedly last week, indicating a potential rise in job growth for September. Initial claims dropped to 219,000, below economists' expectations. Despite concerns about the labor market cooling, layoffs remain low. The Federal Reserve recently cut interest rates by 50 basis points to support the economy.