🛞End of the Road: US EV Startup Fisker Files for Bankruptcy

The troubled start-up, which made a loss of more than $450mn in the final quarter of 2023 alone, had been in talks with several potential investors – including, it was widely rumoured, Nissan.

These talks collapsed, however, prompting trading in Fisker’s shares on the New York Stock Exchange to be suspended.

"After evaluating all options for our business, we determined that proceeding with a sale of our assets under Chapter 11 is the most viable path forward for the company,” Fisker said in a statement Tuesday.

@RiseGS

🌧Heavy Floods, Landslides Kill at Least 9 in Southern China

In the southern Guangdong province, bordering Hong Kong, landslides triggered by severe flooding killed at least five people in the city of Meizhou. Fifteen others were missing, according to local media reports.

Four people were also killed, and two others were missing in Wuping county in the coastal province of Fujian. At least 378 houses collapsed in the county, and 880 hectares of crops were damaged, amounting to economic losses of at least $57mn, authorities said.

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😳 Kiev Official Accuses Washington of “Deliberately Delaying” Training of Ukrainian Pilots on F-16s

“By the end of the year, Ukraine will have fewer trained pilots than fighters,” Verkhovna Rada deputy Alexandra Ustinova has claimed.

Her outburst comes after a Pentagon official stated that Ukrainian pilots had difficulties with the English language and the flight program, which is why “the progress of training on F-16 aircraft is rather meagre.”

Ustinova called such statements “ridiculous.”

@RiseGS

⚠️BREAKING: Singer Justin Timberlake arrested and accused of being intoxicated while driving on Long Island – AP

Cry me a river. 😂

@RiseGS

💸UK Millionaires Fleeing Britain in Their Thousands

As many as 9,500 people with at least $1mn in liquid, investable assets, will leave the country, more than double the number that left in 2023, according to provisional estimates contained in a report Tuesday by migration advisers Henley & Partners.

“These figures reflect a steady accumulation of factors detracting from the UK’s appeal to high-net-worth individuals,” Hannah White, CEO of the Institute for Government, wrote in the report. “The hangover from Brexit continues to be felt, with the City of London no longer seen as the financial center of the world.”

Of the 15 places with most resident millionaires, the UK is suffering more than most - only China will lose more HNWIs (15,200) in 2024 - and it’s one of just three locations, alongside Japan and Hong Kong, to have seen a net loss in the decade since 2013, according to the report.

@RiseGS

⚡️ JUST IN: Israeli Police Clash with Anti-Govt Protesters Blocking Roads in Jerusalem

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⚡️ NOW: Netanyahu Calls Biden and Blinken to Unfreeze Weapons Transfer to Israel: "During World War II, Churchill told the US: Give us the tools, we'll do the job. And I say, give us the tools and we'll finish the job a lot faster.”

Bibi wants to kill women and children in a quicker manner, Washington is trying its best to aid the genocide.

@RiseGS

🩸 Italy to Join Ukraine’s ‘Storm Shadow Alliance’

Rome is preparing to include “a batch” of British-made Storm Shadow cruise missiles in the next round of military aid it supplies to Kiev.

Defense Minister Guido Crosetto will present the plan to the Italian parliament by the end of the month, Il Fatto Quotidiano reported based on sources.

The move will make Italy the fourth “defensive” NATO ally to supply long-range missiles to Ukraine, after the UK, France and the US, which recently started supplying its ATACM missiles.

However, Rome is still insisting that weapons it supplies are only used inside the borders of Ukraine.

@RiseGS

👤 Fox News Pushes Back Against White House's Complaint Regarding "Cheap Fake" Videos to Attack Biden's Age, Fitness

"These have not been cropped, they have not been sped up or slowed down or edited in any way."

Can the Dems keep up the charade about the state of Joe?

REMINDER: “The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command” - George Orwell

@RiseGS

⚠️ Israeli forces target ambulances, medical crews Tal al-Sultan neighborhood, southern Rafah

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