Author: Press Room

The German automaker reportedly lacks €11 billion needed to fund next year’s operations and investments Germany’s largest carmaker, Volkswagen Group, is facing a potential financial crisis, with a multi-billion-euro cashflow gap expected in 2026, Bild has reported, citing internal company figures.The German auto giant will be about €11 billion short next year, leaving it unable to fund planned spending and investments, according to the newspaper. Volkswagen’s half-year report for 2025 showed operating profit down 33% from a year earlier and a negative cash flow of €1.4 billion.A slump in profits, weak business in China, and competition from Chinese brands, as…

Starmer and his leftist party want to keep an effective Grooming Gangs Inquiry from happening. We have been reporting here on TGP on how failing British Prime Minister Keir Starmer and his Labour Party have been blocking a national, comprehensive Inquiry into the Pakistani Grooming Gangs scandal. You can read in Musk Says British Prime Minister Starmer ‘Starmtrooper’ Is Blocking Grooming Gangs Inquiry Because He Is ‘Hiding Terrible Things’. Eventually, we got to the point where Failing UK Labour PM Starmer Caves to the Pressure, Announces a National Inquiry Into the Pakistani Grooming Gangs Scandal. But between Starmer announcing it and…

India’s Ministry of Electronics and Information Technology (MEITY) on Wednesday proposed some of the world’s toughest regulations for content generated by artificial intelligence (AI), including “visible labelling, metadata traceability, and transparency for all public-facing AI-generated media.” Among other measures, the rules would require AI-generated content to be clearly labeled as such, with markers that cover at least ten percent of the display area for visual media, or ten percent of the duration of an audio clip. Social media platforms would also be required to obtain clear declarations from users when they upload AI-generated content and make a serious effort to…

Yamamoto Taku is a Japanese politician from a dovish faction of the Liberal Democratic Party (LDP) who has serious policy disputes with the new prime minister, Takaichi Sanae. Yamamoto promised on Tuesday to set those differences aside and give his full support to Japan’s first female PM, who also happens to be his wife. Kyodo News on Tuesday chronicled the tempestuous love story between the two politicians, who began dating in 2003, got married in 2004, divorced in 2017, and remarried in late 2021: Both were members of a faction then led by former Prime Minister Yoshiro Mori when they…

Sorry, Tarifflationistas. The Data Just Proved You Wrong For months, critics of President Trump’s tariff strategy have warned of an inevitable wave of inflation. That wave turned out to be a ripple, and it seems to have already ended. The logic of the tarifflationistas sounded straightforward. They claim that if you raise tariffs on imported goods, consumers would pay more for everything. But new data from the Harvard Tariff Price Tracker tell a very different story. A year after the tracking began, prices do not show signs of tariff-induced increases. What’s more, the only meaningful price growth lately has come…

California State Sen. Scott Wiener formally launched his campaign for Congress on Wednesday, framing his bid to represent San Francisco as a fight to defend democracy and civil rights while warning that the United States is “slipping into fascism.” Wiener, a Democrat representing San Francisco in the state legislature, announced his campaign in a post on X, declaring, “It’s official: I’m running for Congress to represent San Francisco!”  “My family escaped fascism in Europe. I never thought the United States would slip into fascism like we’re seeing today,” Wiener stated in the ad. “San Francisco has always been on the…

Russian presidential investment envoy Kirill Dmitriev has denied that the planned meeting in Budapest has been scrapped Russian President Vladimir Putin’s special economic envoy, Kirill Dmitriev, has denied reports that plans for a summit between Putin and US President Donald Trump in Budapest have been scrapped.Dmitriev commented after multiple US media outlets cited an unnamed White House official who claimed there were no plans for a Putin-Trump summit “in the immediate future.” Some outlets interpreted the remark as meaning that the meeting had been canceled or postponed indefinitely.“Media is twisting the comment about the ‘immediate future’ to undercut the upcoming…

After public pressure, the identity of the 21-year-old semi-truck driver who killed three people on a Southern California freeway on Tuesday was released: Jashanpreet Singh Singh’s immigration status is not known at this time. Three people were killed and several others were severely injured after the driver of a semi-truck plowed into vehicles on a freeway in Ontario, California, on Tuesday. Eyewitnesses said the collision created a massive fireball after the driver failed to stop as traffic slowed down. It took over 24 hours from the time of the accident for the California Highway Patrol (CHP) to release the identity…

The Department of Homeland Security is ripping a plan by California Democrats to launch an online tracker to dox Immigration and Customs Enforcement (ICE) officers and to allow pro-illegal migrant activists to interfere with immigration enforcement. “ICE tracking apps and websites directly put the lives of ICE law enforcement and their families in danger,” DHS wrote in an X post on Wednesday. “Less than a month after a deranged gunman — who used an ICE tracking app to plan his attack — opened fire at the Dallas ICE facility, California politicians are pushing to publicize information would further jeopardize officer…

A Colombian appeals court on Tuesday overturned the controversial conviction of conservative former President Álvaro Uribe Vélez on bribery and witness tampering charges. A three-judge panel from the Bogotá Superior Tribunal led by Judge Manuel Merchán determined that the now-overturned August sentence against Uribe was marred with violations of the former president’s rights. The panel fiercely criticized Judge Sandra Heredia, who convicted and sentenced Uribe, for presenting numerous errors and biases in her ruling and for omitting crucial tests and procedures throughout the irregular trial — including, but not limited to, the illegal circumstances in which one of the key pieces…