China’s exports rapidly declined last month as part of an economic downturn unseen since the beginning of the COVID-19 pandemic. Chinese policymakers are under pressure to implement new stimulus measures in light of the challenges that the global economy is currently experiencing. The first quarter saw a momentary pickup in China’s economic recovery following the…
Gloomy Outlook for China Exports, as Economy Struggles to Recover Amid Weakened Global Demand
July 14, 2023
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South Korea Fines Tesla $2.2 Million for Exaggerating Driving Range of EVs
SEOUL—South Korea’s antitrust regulator said it would impose a 2.85 billion won ($2.2 million) fine on Tesla Inc. for failing to tell its customers about the shorter driving range of its electric vehicles (EVs) in low temperatures. The Korea Fair Trade Commission (KFTC) said that Tesla had exaggerated the “driving ranges of its cars on…
Stop Glamorizing Failure. Rich People Do This Instead
Believe it or not, failure is often a good thing. Doing so tends to teach you much more than when you succeed. It allows you to reevaluate and find ways to be better. When we succeed, it can be harder to motivate yourself to improve—since we’ve gotten the outcome we wanted, anyways. Consequently, all of…
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