China–Europe Railway Express freight surges 25% in early 2026
Freight transport on the China–Europe Railway Express grew strongly in the first two months of 2026, highlig...
Elon Musk has launched a scathing attack on President Donald Trump’s flagship tax and spending legislation, criticizing it as a “disgusting abomination” and warning it could harm Tesla’s business.
Elon Musk sharply criticized Donald Trump’s signature tax and spending package, denouncing it as a “disgusting abomination” in a post on his social media platform X. The comments marked a rare public break with the president and came just days after Musk was honored at a White House farewell for his role leading the Department of Government Efficiency.
“I’m sorry, but I just can’t stand it anymore,” Musk wrote. “This massive, outrageous, pork-filled Congressional spending bill is a disgusting abomination. Shame on those who voted for it: you know you did wrong. You know it.”
The legislation, which has already cleared the House and is now being debated in the Senate, proposes major tax breaks and spending cuts that align with Republican economic priorities. However, it also includes provisions that would phase out subsidies and tax incentives benefiting electric vehicle makers like Tesla - a move that directly threatens Musk’s business interests.
The clash highlights growing tensions between Musk and GOP leadership, despite his previous alignment with the Trump administration on deregulation and innovation. While Musk has enjoyed close ties with Washington under Trump, his latest outburst signals a possible shift in his political posture.
Musk’s criticism could also influence how key stakeholders and investors view the legislation’s impact on clean energy industries. Analysts say the bill’s passage could pose significant challenges to companies in the EV space, particularly Tesla, which has long relied on government incentives to maintain its competitive edge.
The 32 countries belonging to the Internatioanl Energy Agency agreed to release 400 million barrels of oil on Wednesday (11 March), in efforts aimed at bringing down the price of crude oil, which has soared since fighting between Iran, Israel and the U.S. started at the end of February.
Explosive-laden Iranian boats reportedly attacked two fuel tankers in Iraqi waters on Wednesday, killing one crew member, after four other vessels were hit in the Gulf. The attacks, targeting ships linked to the U.S. and Europe, raise the total struck in the region.
A towering lava fountain from Kilauea shot about 400 metres into the air late on Tuesday (11 March) on Hawaii Island, prompting temporary closures at Hawaii Volcanoes National Park and part of a key highway as volcanic ash and debris fell over nearby areas.
The Strait of Hormuz has become a focal point of global concern as tensions rise following the conflict involving Iran, the United States and Israel. Tehran has threatened to block the strategic waterway, raising fears of disruption to global oil shipments and energy markets.
Norwegian police apprehended three brothers suspected of carrying out Sunday's (8 March) bombing at the U.S. embassy in Oslo, in an attack investigators have branded an act of terrorism.
Freight transport on the China–Europe Railway Express grew strongly in the first two months of 2026, highlighting the growing importance of rail links between Asia and Europe. The network moved about 352,000 shipping containers between January and February, a 25% increase from a year earlier.
At least 64 people have been killed in southern Ethiopia following recent landslides and floods, the regional government’s communications office said on Thursday (12 March), citing local police
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 12th of March, covering the latest developments you need to know.
Norwegian police apprehended three brothers suspected of carrying out Sunday's (8 March) bombing at the U.S. embassy in Oslo, in an attack investigators have branded an act of terrorism.
Oil prices continue to fluctuate as a result of the conflict in the Middle East with Iran and the insecurity of ships sailing through the key Strait of Hormuz route. Iran has said it will target any ship linked to the U.S., Israel or their allies.
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