Nike forecasts a decline in revenue and a reduction in sales for 2025
Weak demand in China and strong performance from Adidas impact brand figures. On Thursday (27th), Nike unexpectedly forecasted a decline in sales for the fiscal year 2025, highlighting a weakening market share and the shortcomings of its direct sales strategy following disappointing sales in the fourth quarter. The company’s stock dropped 12% in after-hours trading […]
U.S. inflation remained stable in May, with a moderate increase in consumer spending
In May, inflation in the United States remained stable, with unchanged prices while consumer spending saw a slight increase. This trend could prompt the Federal Reserve to consider interest rate cuts later this year. The Personal Consumption Expenditures (PCE) price index showed no change in May, following an unrevised increase of 0.3% in April, according […]
Report from the Federal Reserve shows increased vulnerability of the largest US banks compared to the previous year
The US central bank has indicated that these institutions have increased their risk levels while expanding their spending. The Federal Reserve stated during its annual bank resilience test, known as the stress test, that the largest banks are well-positioned to withstand a severe recession and continue lending to households and businesses. However, it warned that […]
Japanese researchers have made significant progress in developing robots with a “living skin” coating that mimics human skin
This innovative prototype allows robots to display smiles and other facial expressions more realistically than ever before. By applying techniques inspired by the structure of human tissues, a team from the University of Tokyo has created artificial skin that resembles human skin in terms of flexibility and texture. Although the first prototype looks more like […]
Studying at British universities is becoming increasingly challenging for international students
The United Kingdom, recognized as the second-best country in terms of Nobel laureates and home to four of the world’s top ten universities according to the prestigious QS World University Ranking, is experiencing a decline in attractiveness for international students. British universities take pride in training leaders worldwide. Data shows that in 2023, more than […]
What is the relationship between Brexit and immigration in the United Kingdom?
The slogan “Take Back Control” was the central motto of the Brexit campaign, aimed at the United Kingdom’s exit from the European Union. This slogan was widely understood as a call to regain control over immigration policy by ending the right of EU citizens to live, work, and study freely in the United Kingdom. However, […]
The former president of Honduras, Juan Orlando Hernández, was sentenced to 45 years in prison by a U.S. court
Juan Orlando Hernández, the former president of Honduras, was sentenced to 45 years in prison by a U.S. court and must also pay an $8 million fine after being convicted of drug trafficking offenses. The conviction followed his extradition to the U.S. in 2022, when the U.S. Department of Justice filed three charges against him. […]
An attempt at a military coup in Bolivia has significant international repercussions
One day after the incident, newspapers around the world highlighted the arrest of General Juan José Zuñiga, who was responsible for the troop mobilization against the government in La Paz. The British broadcaster BBC reported that “just before his arrest, the general claimed to reporters that the president himself had instructed him to mobilize the […]
Mark Rutte, the Prime Minister of the Netherlands, has officially been selected as the next Secretary General of NATO
This is a critical time, marked by the imminent threat of war in Ukraine and uncertainty regarding the future position of the United States in relation to the transatlantic alliance. Mark Rutte is a prominent Dutch politician who has served as Prime Minister of the Netherlands since October 14, 2010. He is a member of […]
SpaceX has been commissioned by NASA to develop a vehicle intended to deorbit the International Space Station (ISS)
It is also supposed to lead the ISS to its final destination when the space agency and its partners decide to decommission the laboratory in the coming years. The nearly $1 billion contract aims to create a solution capable of conducting operational missions in low Earth orbit for the private sector. The vehicle, which will […]