Exclusive-Vanguard vote switch helped pass Tesla CEO Elon Musk’s $56 billion pay package

By Ross Kerber (Reuters) – Tesla’s largest outside investor Vanguard said it voted in favor of CEO Elon Musk’s $56 billion pay package, citing the company’s performance, contributing to the passage of the record-setting arrangement on Thursday. In a note seen by Reuters, Vanguard said it had voted against Musk’s compensation package when it was…

Read More

Impact of Saudi Arabia’s Petrodollar Decision on US Alliances and Global Economics

On June 13, 2024, Saudi Arabia made a historic decision not to renew its 50-year petro-dollar deal with the United States, signaling significant implications for global finance, geopolitics, and the trajectory of the American Empire. Established in 1972, the petrodollar system allowed Saudi Arabia to exclusively sell oil in US dollars. With this decision, they…

Read More

G7 Summit 2024: Italy and US Lead Infrastructure and Investment Initiatives

The President of the Council of Ministers of Italy and G7 President, Giorgia Meloni, alongside President Joseph R. Biden of the United States, convened with fellow G7 leaders and representatives from the financial, energy, and digital/technology sectors from both Italy and the U.S. private sector on the sidelines of the 2024 G7 Leaders’ Summit at…

Read More

President Joe Biden Stands for Reproductive Freedom in Face of Supreme Court Decision – June 13, 2024

Statement from President Joe Biden on the Supreme Court Decision in FDA v. Alliance for Hippocratic Medicine – June 13, 2024 Today’s ruling underscores that our commitment to reproductive freedom remains unwavering. While the Supreme Court’s decision two years ago overturned Roe v. Wade, stripping away a cornerstone of women’s rights, our fight persists. Many…

Read More