Ferrari unveils chassis of its first electric car, but shares plunge as financial outlook disappoints

Gold prices have surged past $4,000 an ounce, marking a significant milestone as investors flock to this safe-haven asset amid rising debt concerns and challenges facing the US dollar. This shift not only highlights the growing appeal of gold but also raises questions about the future stability of dollar-denominated assets like Treasury Bonds. The Trump administration's uncertainty regarding furloughed workers' pay adds to the economic anxiety, making gold's rise even more relevant as a protective investment.

Gold prices have surged past $4,000 an ounce, marking a significant milestone as investors flock to this safe-haven asset amid rising debt concerns and challenges facing the US dollar. This shift not only highlights the growing appeal of gold but also raises questions about the future stability of dollar-denominated assets like Treasury Bonds. The Trump administration's uncertainty regarding furloughed workers' pay adds to the economic anxiety, making gold's rise even more relevant as a protective investment.

Gold has reached a historic milestone, surpassing $4,000 per ounce for the first time, driven by investors looking for a safe haven amid rising political uncertainties in the US, France, and Japan. This surge marks the largest rally for gold since the 1970s, highlighting its enduring appeal as a stable investment during turbulent times. As global tensions rise, many are turning to gold to protect their wealth, making this development significant for both investors and the broader economy.

Gold has reached a historic milestone, surpassing $4,000 per ounce for the first time, driven by investors looking for a safe haven amid rising political uncertainties in the US, France, and Japan. This surge marks the largest rally for gold since the 1970s, highlighting its enduring appeal as a stable investment during turbulent times. As global tensions rise, many are turning to gold to protect their wealth, making this development significant for both investors and the broader economy.

Tesla has introduced a new lower-cost Model Y, aiming to boost sales amid increasing competition in the electric vehicle market. This move is significant as it reflects Tesla's strategy to make electric cars more accessible to a broader audience, potentially revitalizing their sales figures and maintaining their leadership in the industry.

Tesla has introduced a new lower-cost Model Y, aiming to boost sales amid increasing competition in the electric vehicle market. This move is significant as it reflects Tesla's strategy to make electric cars more accessible to a broader audience, potentially revitalizing their sales figures and maintaining their leadership in the industry.

In a significant political shake-up, Hannah Thomas has initiated legal action against New South Wales, while Allegra Spender has resigned from the parliamentary sports club following a ban related to gambling sponsorship. This move comes after fellow independent Monique Ryan also stepped down, highlighting growing concerns over the influence of gambling in politics. These developments matter as they reflect a broader push for accountability and transparency in governance, especially regarding the ethics of sponsorships in public institutions.

A tragic incident occurred in Bendigo, where a 15-year-old boy lost his life after being struck by a truck outside his school. The accident happened on High Street at around 8:30 AM on Friday, and despite the efforts of emergency services, the boy was pronounced dead at the scene. This heartbreaking event highlights the ongoing concerns about pedestrian safety, especially near schools, and serves as a reminder for drivers to remain vigilant in these areas.

A massive Russian attack on Kyiv has left the Ukrainian capital in darkness, severely damaging energy infrastructure and injuring nine people. This assault, described by the air force as unprecedented, has not only disrupted power and water supplies but also sparked a fire in a high-rise apartment building. The targeting of critical infrastructure highlights the ongoing conflict's impact on civilians and raises concerns about the humanitarian situation in Ukraine.

Moscow's envoy, Vladimir Tarabrin, has accused the West of hypocrisy regarding Ukraine's alleged use of banned chemical agents. This claim comes as Russia presents new evidence to support its allegations, highlighting a growing tension in international relations. The situation is significant as it raises questions about the enforcement of international laws on chemical warfare and the potential implications for global security.

A powerful 7.6 magnitude earthquake struck Mindanao in the Philippines, prompting the seismology agency to issue a tsunami warning for coastal areas, including parts of Indonesia. The president of the Philippines, Ferdinand Marcos, has directed agencies to assist with evacuations and provide support to those affected. This situation is critical as it highlights the vulnerability of coastal communities to natural disasters and the importance of timely responses to ensure public safety.

Kiev is experiencing widespread blackouts following a Russian drone strike that targeted a key thermal power plant in the city. This incident highlights the ongoing tensions and the impact of military actions on civilian infrastructure, raising concerns about energy security and the well-being of residents during the colder months.