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Lloydrix
15 Apr 2025 - 11:47 pm
Tesla is bringing its electric cars to oil-rich Saudi Arabia amid falling global sales
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Tesla will start selling its electric vehicles in Saudi Arabia, entering the Gulf region’s largest economy as the company’s global sales are sliding and CEO Elon Musk courts controversy with his role in the US government.
The carmaker announced Wednesday that it would host a launch event in the kingdom on April 10, where it will showcase its EVs. Attendees will also have the chance to “experience the future of autonomous driving with Cybercab and meet Optimus, our humanoid robot, as we showcase what’s next in AI and robotics,” Tesla (TSLA) said.
Tesla may struggle to gain market share in oil-rich Saudi Arabia as EVs make up a little over 1% of all car sales in the country, according to a report by consultancy PwC published in September.
Tesla’s entry into the new market comes as the company fights battles on several fronts.
Last year, it recorded the first annual decline in sales in its history as a public company, posting a drop of 1%.
The company is facing intensifying competition in China, the world’s largest auto market. On Tuesday, BYD, a Chinese maker of electric and hybrid cars, reported $107 billion in annual sales for 2024, beating the near-$98 billion notched by Tesla.
And last week, BYD unveiled an ultra-fast charging system, which it said was capable of adding 250 miles (402 km) of range in just five minutes, easily outdoing Tesla’s charging technology. Tesla’s Superchargers take 15 minutes to charge an EV, providing a range of 200 miles.
Tesla has also suffered slumping sales in Europe. In February, the carmaker sold around 40% fewer vehicles on the continent compared with the same month in 2024, according to the European Automobile Manufacturers’ Association.
Efrenfrume
15 Apr 2025 - 11:39 pm
Americans nearing retirement and recent retirees said they were anxious and frustrated following a second day of market turmoil that hit their 401(k)s after President Donald Trump’s escalation of tariffs.
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As the impending tariffs shook the global economy Friday, people who were planning on their retirement accounts to carry them through their golden years said the economic chaos was hitting too close to home.
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Some said they are pausing big-ticket purchases and reconsidering home renovations, while others said they fear their quality of life will be adversely affected by all the turmoil.
“I’m just kind of stunned, and with so much money in the market, we just sort of have to hope we have enough time to recover,” said Paula, 68, a former occupational health professional in New Jersey who retired three years ago.
Paula, who spoke on the condition of anonymity because she feared retaliation for speaking out against Trump administration policies, said she was worried about what lies ahead.
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“What we’ve been doing is trying to enjoy the time that we have, but you want to be able to make it last,” Paula said Friday. “I have no confidence here.”
Trump fulfilled his campaign promise this week to unleash sweeping tariffs, including on the United States’ largest trading partners, in a move that has sparked fears of a global trade war. The decision sent the stock market spinning. On Friday afternoon, the broad-based S&P 500 closed down 6%, the tech-heavy Nasdaq dropped 5.8%, and the Dow Jones Industrial Average fell more than 2,200 points, or about 5.5%.
Rogershive
15 Apr 2025 - 11:22 pm
Siham Haleem, a private tour guide for 15 years, says that Doha now has many world-class, modern museums — the National Museum of Qatar being a firm personal favorite. And yet he says that visiting Sheikh Faisal’s museum should still be on everybody’s to-do list.
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“For those eager to learn about Qatar’s — and the region’s — heritage and beyond, the museum is an ideal destination,” he says. “Personally, I’m captivated by the car collection, the fossils, and especially the Syrian house, painstakingly transported and reassembled piece by piece.”
Stephanie Y. Martinez, a Mexican-American student mobility manager at Texas A&M University in Qatar likes the museum so much she includes it on all of her itineraries for students visiting from the main campus in Texas.
“The guided tours are very detailed, and the collections found at the museum have great variety and so many stories to unfold,” she says. “Truly, the museum has something to pique everyone’s interest. My favorites are the cars and the furniture exhibits showcasing wood and mother-of-pearl details. Definitely one of my favorite museums in Qatar, every time I visit I learn something new.”
Raynor Abreu, from India, also had praise for the unusual and immense collection.
“Each item has its own story, making the visit even more interesting,” he says. “It’s also impressive to know that Sheikh Faisal started collecting these unique pieces when he was very young. Knowing this makes the museum even more special, as it reflects his lifelong passion for history and culture.”
It takes time and dedication to truly examine the many collections within the museum — especially since most of them are simply on display without explanation.
Eclectic it may be, but it’s hard to fault the determination of Sheikh Faisal, who has brought together items that tell the story of Qatar and the Middle East.
Sarah Bayley, from the UK, says she visited the museum recently with her family, including 16 and 19-year-old teenagers, and was won over by its sheer eccentricity.
“Amazing. Loved it. It is a crazy place.”
Jeffreyral
15 Apr 2025 - 11:16 pm
Americans nearing retirement and recent retirees said they were anxious and frustrated following a second day of market turmoil that hit their 401(k)s after President Donald Trump’s escalation of tariffs.
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As the impending tariffs shook the global economy Friday, people who were planning on their retirement accounts to carry them through their golden years said the economic chaos was hitting too close to home.
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Some said they are pausing big-ticket purchases and reconsidering home renovations, while others said they fear their quality of life will be adversely affected by all the turmoil.
“I’m just kind of stunned, and with so much money in the market, we just sort of have to hope we have enough time to recover,” said Paula, 68, a former occupational health professional in New Jersey who retired three years ago.
Paula, who spoke on the condition of anonymity because she feared retaliation for speaking out against Trump administration policies, said she was worried about what lies ahead.
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“What we’ve been doing is trying to enjoy the time that we have, but you want to be able to make it last,” Paula said Friday. “I have no confidence here.”
Trump fulfilled his campaign promise this week to unleash sweeping tariffs, including on the United States’ largest trading partners, in a move that has sparked fears of a global trade war. The decision sent the stock market spinning. On Friday afternoon, the broad-based S&P 500 closed down 6%, the tech-heavy Nasdaq dropped 5.8%, and the Dow Jones Industrial Average fell more than 2,200 points, or about 5.5%.
Rodgerbum
15 Apr 2025 - 11:14 pm
Remote and rugged
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A more organic way to see this coast is by the multi-day coastal ferry, the long-running Sarfaq Ittuk, of the Arctic Umiaq Line. It’s less corporate than the modern cruise ships and travelers get to meet Inuit commuters. Greenland is pricey. Lettuce in a local community store might cost $10, but this coastal voyage won’t break the bank.
The hot ticket currently for exploring Greenland’s wilder side is to head to the east coast facing Europe. It’s raw and sees far fewer tourists, with a harshly dramatic coastline of fjords where icebergs drift south. There are no roads and the scattered population of just over 3,500 people inhabit a coastline roughly the distance from New York to Denver.
A growing number of small expedition vessels probe this remote coast for its frosted scenery and wildlife. Increasingly popular is the world’s largest fjord system of Scoresby Sound with its sharp-fanged mountains and hanging valleys choked by glaciers. Sailing north is the prosaically named North East Greenland National Park, fabulous for spotting wildlife on the tundra.
Travelers come to see polar bears which, during the northern hemisphere’s summer, move closer to land as the sea-ice melts. There are also musk oxen, great flocks of migrating geese, Arctic foxes and walrus.
Some of these animals are fair game for the local communities. Perhaps Greenland’s most interesting cultural visit is to a village that will take longer to learn how to pronounce than actually walk around — Ittoqqortoormiit. Five hundred miles north of its neighboring settlement, the 345 locals are frozen in for nine months of the year. Ships sail in to meet them during the brief summer melt between June and August.
Locked in by ice, they’ve retained traditional habits.
“My parents hunt nearly all their food,” said Mette Barselajsen, who owns Ittoqqortoormiit’s only guesthouse. “They prefer the old ways, burying it in the ground to ferment and preserve it. Just one muskox can bring 440 pounds of meat.”
Pingfella
15 Apr 2025 - 10:56 pm
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Jameszex
15 Apr 2025 - 10:41 pm
‘For the public to enjoy’
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The museum’s history starts in 1998, when Sheikh Faisal Bin Qassim Al Thani opened a building to the public on his farm some 20 kilometers (12 miles) north of Qatari capital Doha.
A distant relative of Qatar’s ruling family, founder and chairman of Al Faisal Holdings (one of Qatar’s biggest conglomerates), and a billionaire whose business acumen had him recognized as one of the most influential Arab businessmen in the world, Sheikh Faisal had already amassed a substantial private collection of historically important regional artifacts, plus a few quirky pieces of interest, allowing visitors an intimate look into Qatari life and history.
In an interview with Qatari channel Alrayyan TV in 2018, Sheikh Faisal said that the museum started as a hobby.
“I used to collect items whenever I got the chance,” he said. “As my business grew, so did my collections, and soon I was able to collect more and more items until I decided to put them in the museum for the public to enjoy.”
His private cabinet of curiosities has since evolved into a 130-acre complex. Through the fort-like entrance gate lies an oryx reserve, an impressive riding school and stables, a duck pond and a mosque built with a quirky leaning minaret. There’s now even a five-star Marriott hotel, two cafes and the Zoufa restaurant serving modern Lebanese cuisine.
Of course, there’s also the super-sized museum, with a recently-opened car collection housing everything from vintage Rolls-Royces to wartime Jeeps and colorful Buicks. Outside you’ll find peacocks roaming the grounds, and signs warning drivers to be aware of horses and ostriches.
Visitors to the FBQ museum are free to explore the grounds and can even enter the stables to pat the horses.
Donaldnen
15 Apr 2025 - 10:31 pm
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Scottwhefs
15 Apr 2025 - 10:27 pm
Iceberg flotillas
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Located on the west coast, Ilulissat is a pretty halibut- and prawn-fishing port on a dark rock bay where visitors can sit in pubs sipping craft beers chill-filtered by 100,000-year-old glacial ice.
It’s a place to be awed by the UNESCO World Heritage Icefjord where Manhattan skyscraper-sized icebergs disgorge from Greenland’s icecap to float like ghostly ships in the surrounding Disko Bay.
Small boats take visitors out to sail closely among the bay’s magnificent iceberg flotilla. But not too close.
“I was on my boat once and saw one of these icebergs split in two. The pieces fell backwards into the sea and created a giant wave,” said David Karlsen, skipper of the pleasure-boat, Katak. “…I didn’t hang around.”
Disko Bay’s other giants are whales. From June to September breaching humpback whales join the likes of fin and minke whales feasting on plankton. Whale-watching is excellent all around Greenland’s craggy coastline.
Whales are eaten here. Visitors shouldn’t be surprised to encounter the traditional Greenlandic delicacy of mattak — whale-skin and blubber that when tasted is akin to chewing on rubber. Inuit communities have quotas to not only hunt the likes of narwhals but also polar bears, musk-ox and caribou — which can also appear on menus.
Ernestgeaws
15 Apr 2025 - 10:22 pm
‘We don’t want the American Dream for our kids’: Why this couple left the US for Ecuador with their children four years ago
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They’d never even visited Ecuador before, but Brittany and Blake Bowen, from the United States, decided to move to the South American country in 2021 to give their four children a completely different upbringing.
The Bowens, who were previously based in the state of Washington, have been living in Loja, a small city based in the southern section of the Andes Mountains, ever since, and say that they are in it for the long haul.
“We love this little country,” Brittany tells CNN Travel. “We hope that maybe we’ll have grandkids here one day.”
Before the move, the couple, who’ve been married for nearly 17 years, say that they were becoming increasingly concerned about the pressures placed on children by “modern American society” and wanted to try something new.
“We did not like what we’d seen develop over the course of the last couple decades…” adds Brittany, explaining that they felt that young people in the United States were becoming “more isolated.”
“We weren’t confident that our kids would enjoy the same sort of potential trajectory that previous generations had shared.
“And the more we considered things like that, the more we wondered, ‘Is that even what we want? Do we even want them to be on a fast track to the American Dream?”
The couple were also frustrated with living what they describe as the “standard American life.”
“Long commutes and never enough money,” says Blake. “All those usual problems… I was working in a career that was very time consuming, and took me away from home a lot. So we didn’t want that anymore.”
So why did they choose Ecuador as their “new home”?