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Madrid has negotiated an exemption from NATO’s ambitious defense target—Prime Minister Sánchez called it excessive and harmful to social stability.

Spanish Prime Minister Pedro Sánchez announced on Sunday that his country will not commit to NATO’s new goal of spending 5% of its GDP on defense by 2035. He described the target as “unnecessary” and “disproportionate.”
This decision comes after all 32 NATO member states reached a consensus on increasing defense budgets. However, Sánchez formally requested an exemption in a letter to NATO Secretary-General Mark Rutte, warning that Spain’s participation in the summit could be disrupted otherwise.
🔹 Spain’s Argument: The Prime Minister stated that Spain already meets all of its NATO obligations in terms of personnel and equipment with defense spending at just 2.1% of GDP. Further budget increases, he warned, would threaten crucial social services such as pensions or require tax hikes.
🔹 Current Status: In 2023, Spain spent only 1.28% of its GDP on defense—NATO’s lowest. Nonetheless, Madrid has pledged to accelerate its progress toward the original NATO goal of 2% by the end of 2024.

✍️ Diplomatic Compromise Softens Commitment
Thanks to diplomatic negotiations, the final summit declaration wording was adjusted from “we commit” to “allies commit,” allowing countries like Spain to opt out of the collective pledge without violating the agreement.

Trump Pushes Europe for Higher Spending
Former U.S. President Donald Trump, along with NATO Secretary-General Mark Rutte, has called for increasing military budgets, not only for traditional defense but also for cyber security and infrastructure to support military logistics. This would push total spending toward 5% of GDP. Trump warned that countries failing to meet the targets shouldn’t expect protection from the United States.
He also reiterated criticism of Spain’s low defense spending and issued a warning. However, Sánchez stood firm, saying that attempting to meet the 5% goal would come at too high a cost for Spanish citizens.

#NATO , #Geopolitics , #TRUMP , #worldnews , #Spain

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Nvidia’s CEO Jensen Huang has officially begun a large-scale selloff of his company shares. Under a pre-approved 10b5-1 trading plan established in March 2025, Huang could gradually sell up to 6 million shares by the end of the year – a total worth approximately $865 million.
🔹 Huang has already sold 100,000 shares, netting $14.4 million in two batches.

🔹 He also filed to sell an additional 50,000 shares in the coming days.

🔹 Despite the big numbers, these sales represent less than 1% of his total holdings, which amount to nearly 900 million shares of Nvidia stock.

10b5-1 Trading Plan: Transparent and Legal
The 10b5-1 plan allows executives to sell shares at predetermined times, even if they possess confidential or market-sensitive information. This structure prevents accusations of insider trading and shows investors that the transactions are pre-planned and not reactive to market events.
Nvidia publicly disclosed the plan, ensuring clarity and helping investors understand that Huang's sales are part of a long-term financial strategy.

Board Member Mark Stevens Also Sells – Without a Pre-Set Plan
Nvidia board member and billionaire investor Mark Stevens has also joined the insider selling wave. In June, Stevens sold over 600,000 shares, earning around $88 million – but unlike Huang, he did not use a pre-arranged 10b5-1 plan.
🔹 Stevens has more flexibility but faces greater scrutiny, as ad hoc trading may raise concerns over insider knowledge.

🔹 He has previously filed to sell up to 4 million shares, potentially worth $550 million depending on market value.

🔹 So far, he's already sold over 2 million shares as part of a broader portfolio rebalancing.
These types of real-time, discretionary trades are completely legal and fairly common among board members and major investors. However, they lack the built-in safeguards of formal trading plans and may appear more opportunistic.

What Does This Mean for Nvidia?
While executive stock sales can sometimes rattle investors, in this case, they appear to be strategic and expected.
Both Huang and Stevens still hold the vast majority of their wealth in Nvidia shares. The company continues to rank among the most valuable in the world, fueled by its leadership in AI chip innovation and surging demand across industries.

#NVIDIA , #stockmarket , #TechStocks , #insidertrading , #worldnews

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Elon Musk has delivered on another of his promises. In South Austin, the first public phase of the Tesla Robotaxi service officially launched today, with each ride set at a flat rate of $4.20. The transportation revolution is here – at least in a limited form.

🔹 Service Launch Confirmed – Just Ten Vehicles for Now

In a testing phase, Tesla has deployed ten modified Model Y vehicles operating within a specific area of South Austin. The cars run daily from 6:00 AM to midnight, monitored by a Tesla employee seated in the front passenger seat as a “safety monitor.”
Each ride is priced at a flat $4.20, a symbolic figure Musk often uses as part of his public persona.

🔹 No Driver, No LiDAR – Just Cameras and AI

Unlike competitors like Waymo, Tesla is relying solely on cameras and AI software, not LiDAR sensors. Musk has long argued that human vision can be effectively replaced by cameras and neural networks.
Although the cars are officially driverless, Tesla still includes a human monitor to oversee the ride. It’s unclear whether this person has the ability to take control in case of emergency.

🔹 No Cybercabs – At Least Not Yet

Instead of the futuristic Cybercabs Musk revealed in October 2024, Tesla opted for the updated 2025 Model Y, equipped with the latest Full Self-Driving (FSD) software. Musk describes this system as “unsupervised” – meaning the vehicle drives completely on its own.

🔹 Secrecy, Limited Transparency, and Controlled Access

Once again, Tesla has been extremely cautious with public information. Most details have come directly from Musk’s posts on X (formerly Twitter) or from early users sharing their experiences. Many of them are known Tesla supporters.
TechCrunch and other media outlets have reportedly struggled to get official information – Tesla allegedly blocked public records requests from the Texas Department of Transportation and tried to stop the city of Austin from releasing documents to Reuters.

🔹 Safety Rules and Limited Camera Use

During rides, interior cameras are not activated by default. They only turn on in emergencies, when support is requested, or after a trip to verify the vehicle’s readiness. Tesla also set strict passenger rules: no smoking, vaping, drinking, drug use, or criminal activity. Users who violate these rules and share footage may be suspended or banned from the service.

🔹 A Long-Awaited Beginning

The launch of Robotaxi marks a significant step toward Elon Musk’s vision of fully autonomous transportation. Tesla invited a limited number of users to download the new app and begin requesting rides on launch day. Early reactions have been positive, though not without hiccups – author Ed Niedermeyer, who has written a book on Tesla, observed some test vehicles making sudden stops near parked police cars.

🔹 Tesla Celebrates – But Scrutiny Remains

A photo from the Robotaxi launch party was shared by Tesla’s Head of Autopilot Ashok Elluswamy. Elon Musk followed up on X with a message: “Huge congratulations to the @Tesla_AI software and chip teams on the successful launch of @Robotaxi!! A decade of hard work coming together.”

Summary: The first real-world test of Tesla’s autonomous Robotaxi service is live – with just ten cars, limited coverage, and human monitors on board. Still, it’s a major milestone in Musk’s long-term vision for a driverless future. The revolution is rolling – cautiously but undeniably.

#ElonMusk , #ROBOTAXI , #Tesla , #AI , #worldnews

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The UK government has unveiled an ambitious industrial strategy for 2025–2035 aimed at significantly boosting economic growth. A key measure will be to cut electricity costs for energy-intensive businesses by up to 25% by 2027, providing relief to more than 7,000 companies and enhancing their global competitiveness.

🔌 Relief for Manufacturers, a Boost for the Economy
High energy prices have long been a drag on British industry. The new strategy will offer businesses a reduction of up to £40 per megawatt-hour and significant discounts on network charges. The goal is to soften the impact of climate-related levies and bolster the UK’s ability to compete with countries like the US and EU member states, which are already heavily supporting their industries.
The government promises that these energy cost reductions will not be funded by taxpayers or households, but rather through a transformation of the energy system. Further details will be refined following consultations with stakeholders and experts.

💼 Goal: One Million New Jobs and More Investment
The strategy aims to create over one million new jobs within the next decade, especially in high-potential sectors like clean energy, defense, financial services, and the creative industries. The government has also pledged £1.2 billion per year to support skills development in small and medium-sized enterprises through the British Business Bank.
Prime Minister Sir Keir Starmer described the plan as a “turning point” that offers businesses the long-term certainty they need for investment, innovation, and growth.

💬 Support and Criticism
Industrial groups including Make UK and the Confederation of British Industry welcomed the strategy as “a crucial step forward.” They praised the focus on better access to finance and solving the skilled labor shortage.
However, opposition Conservatives were critical. According to Andrew Bowie, the shadow energy minister, the government must address the root causes of high energy costs, rather than simply offering “handouts from taxpayers to keep businesses afloat.”

🏭 Supercharger Scheme and Faster Factory Connections
The government also plans to expand the British Industry Supercharger program, which already provides a 60% discount on network charges – to be increased to 90% after 2026. Additionally, the time it takes to connect new factories and projects to the energy grid will be shortened and simplified.

#UKGovernment , #worldnews , #economy , #UK

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The cyber conflict between Iran and Israel has entered a new and extremely dangerous phase. While rockets fly across the skies, a relentless digital war is raging beneath the surface — one that could soon threaten the United States itself. Both countries are attacking each other not only with weapons, but also through keyboards and data centers.

🔹 Cyber Attacks Accompany Military Strikes

According to U.S. officials, Israeli and Iranian cyberattacks are increasing in parallel with military operations. Attackers are targeting key infrastructure — banks, energy systems, and crypto platforms — with the aim of paralyzing the opponent, disrupting daily life, and creating chaos.

🔹 Israeli Hackers Strike Hard: $90 Million Drained From Iranian Exchange

A hacker group known as Predatory Sparrow, believed to be linked to Israel, has claimed responsibility for a massive cyberattack on Iran’s leading cryptocurrency exchange, Nobitex, stealing an astonishing $90 million. They also took Iran’s state bank Sepah offline, affecting thousands of customers. The group even published parts of Nobitex’s source code on social media.

🔹 Iran Responds with Shutdowns and Surveillance

In response, Iran blocked internet access, erased anti-government videos from state television, and imposed strict controls on its own technology. High-ranking officials were reportedly ordered to shut down all internet-connected devices, especially phones, to reduce exposure to future cyberattacks. The regime is clearly trying to maintain information control over the population.

🔹 America on High Alert: “Shields Up!”

U.S. officials are sounding the alarm. Recent overnight U.S. airstrikes on Iranian nuclear sites could trigger digital retaliation targeting the U.S. directly. Experts warn that Iranian hackers might aim to breach power grids, water systems, or telecom networks across the country.
“Cyber capabilities are a key tool in Iran’s asymmetric warfare strategy,” warned Alex Vatanka, a Middle East analyst. While Iran still lags behind Israel and the U.S. in cyber capabilities, it is becoming increasingly dangerous.

🔹 Everyday Americans and Companies Could Be Targets

The U.S. National Terrorism Advisory System issued a public alert, warning of possible attacks on “poorly secured networks and internet-connected devices.” The Cybersecurity and Infrastructure Security Agency (CISA) has remained officially silent, but behind the scenes, emergency measures are in motion.
Jen Easterly, former CISA director, wrote on LinkedIn: “Shields up. Expect malicious cyber activity.” She reminded the public that Iran has a long history of cyberattacks against civilian targets — from hospitals and pipelines to finance and government sites.

🔹 History of Digital Retaliation

In 2023, Iranian hackers breached an Israeli hospital and leaked patient data. In response, an Israeli hacker group shut down a large portion of Iran’s fuel pump network, causing nationwide disruption. Vatanka says Israel still maintains the upper hand, although Iran is rapidly improving its offensive capabilities.

🔹 Surveillance Tactics: Cameras, Pagers, and Social Media

According to Israeli cyber authorities, Iran is once again trying to hack into internet-connected surveillance cameras for monitoring purposes. These attacks are cheap, fast, hard to detect — and highly effective. Israel has warned its citizens abroad not to click suspicious links or fill out unfamiliar digital forms, as they may be collecting personal data for intelligence purposes.
Thousands of pagers reportedly exploded in Lebanon after being tracked by Israeli intelligence. The result: multiple injuries and a stark warning about how physical and digital warfare are blending.

🔹 U.S. Faces Growing Risk of Cyber Espionage

John Hultquist, a threat analyst at Google, says the biggest current threat is cyber espionage targeting U.S. leadership. Attackers could exploit data from hotels, travel, or telecom systems to monitor and track high-profile individuals.
“What worries me most is that this data could be used to identify and physically track the people we need to protect,” Hultquist warned.

Summary: The digital war between Iran and Israel is no longer a regional conflict. With escalating attacks and advanced cyber threats, the situation could spill over into the United States at any moment. Today’s hackers are not just stealing data — they’re fighting for power, intelligence, and strategic dominance.

#Israel , #iran , #CyberWar , #usa , #worldnews

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A shocking donation of $45 million worth of Bitcoin to the Czech Ministry of Justice from a convicted drug dealer has rocked the political scene. Although the government survived a no-confidence vote, public trust is plummeting – and the opposition appears poised for a return to power.

🔹 Opposition on the Rise as Elections Approach

According to the latest polls, Andrej Babiš’s ANO movement is heading for a strong victory in the upcoming October parliamentary elections, with support from over 31% of voters, which could translate into 78 seats in the 200-member Chamber of Deputies.
The party enjoys strong backing from older and less-educated voters, but performs well across broader demographics. Research agency STEM says ANO’s leading position is not under threat.

🔹 Bitcoin Scandal Hits Ruling Coalition Spolu

The Spolu (Together) coalition, led by Prime Minister Petr Fiala (ODS), has seen its support drop to just over 20%. This is a notable decline, especially since the coalition had recently shown signs of recovery before the Bitcoin scandal erupted.
STEM notes that the full impact of such scandals on public opinion typically emerges after several weeks, making the current numbers potentially just the beginning of a deeper decline.

🔹 Other Parties: SPD Steady, Pirates Struggling

The far-right SPD, a strong voice for protest voters, maintains solid support – particularly among middle-aged Czechs without high school diplomas. Meanwhile, the coalition member STAN (Mayors and Independents) has dropped from nearly 13% to 9.4%.
Other parties that could still enter parliament include the Pirate Party (7.2%), the leftist group Enough! (5.4%), and the anti-green protest party Motorists for Themselves (4.4%), hovering near the threshold.

🔹 Justice Minister Resigned – But Opposition Wants More

The scandal erupted after it was revealed that the Ministry of Justice had accepted a massive Bitcoin donation from Tomáš Jiřikovský, a convicted operator of a darknet market involved in drug trafficking, embezzlement, and illegal arms possession.
Justice Minister Pavel Blažek resigned in response, but the opposition demands further accountability – specifically, the resignation of Finance Minister Zbyněk Stanjura, who they claim failed to alert authorities about the suspicious crypto donation. ANO has vowed to keep pushing for his removal.

Summary:

The Bitcoin scandal has delivered a major blow to the credibility of Prime Minister Fiala’s government. Though it weathered the no-confidence vote, the ANO party is now firmly on course to win the next election. With the public mood shifting, the power balance in Czech politics may soon be rewritten.

#CryptoScandal , #bitcoin , #Politics , #worldnews , #CryptoNewss

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