Timothy Whitlock

Hyundai Motor begins construction on electric vehicle plant with 200,000 annual production capacity.

Hyundai to Invest $1.51 Billion to Build EV Factory in Ulsan Hyundai is set to invest 2 trillion won ($1.51 billion) in the construction of a massive 548,000-square-meter EV factory in Ulsan, South Korea, located about 300 kilometers southeast of Seoul. This will be Hyundai’s first domestic manufacturing plant in 29 years, following the construction…

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Renowned investor Jim Rogers advocates for gold and silver while cautioning against stocks and real estate – and predicts more severe inflation and an impending recession.

Renowned investor Jim Rogers has made a bold claim, stating that gold and silver are better investments than stocks, bonds, or real estate in the current economic climate. Rogers, who is best known as George Soros’ former business partner, made the comments in a recent interview on “The Julia La Roche Show.” According to Rogers,…

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Sam Altman, OpenAI CEO, foresees a significant improvement in the shortage of AI chips next year.

Nvidia’s optimistic future continues to be a hot topic in Silicon Valley this year, largely due to the ongoing AI boom. However, according to Sam Altman, a shortage of these in-demand chips may soon ease up. OpenAI, a pioneer in generative AI technologies, has been reliant on Nvidia’s high-end processors to power their innovative applications,…

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Government prohibits 9 Meitei extremist organizations and their affiliated groups

The Government of India took a significant step on Monday by banning nine Meitei extremist groups and their associate organizations, primarily operating in Manipur, for their anti-national activities and violent attacks on security forces. According to a notification issued by the Ministry of Home Affairs, the banned groups, which will face a five-year ban, include…

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