Elon Musk Warns, Population Decline Threat To Economic Stability, Can Cause Labor Shortages| WATCH
Video Credit: Oneindia - Duration: 03:14s - Published
Elon Musk Warns, Population Decline Threat To Economic Stability, Can Cause Labor Shortages| WATCH
THE AGING POPULATION COULD LEAD TO ECONOMIC STAGNATION AND PRESSURE ON SOCIAL SYSTEMS
ECONOMISTS SUGGEST THAT INNOVATION COULD MITIGATE NEGATIVE EFFECTS OF POPULATION DECLINE
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In a dramatic Independence Day twist, Elon Musk hinted at launching a new third political party in the United States, directly challenging Donald Trump’s influence over the Republican base. Speaking during a July 4 livestream, Musk criticized both major parties as corrupt and incapable of solving America’s problems, declaring the need for “fresh leadership” rooted in technology and transparency.
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A political firestorm has erupted after Elon Musk publicly declared his support for Rep. Thomas Massie, a Republican from Kentucky who has drawn the ire of Donald Trump. Massie, known for opposing Trump’s One Big Beautiful Bill and calling out recent Iran strikes as unconstitutional, now finds himself targeted by Trump in a fiery GOP primary feud.
Trump labeled Massie a “pathetic loser” and vowed to campaign hard against him. However, Musk’s financial support and vocal backing on X could change the game. Former Rep. Justin Amash and grassroots conservatives have also rallied behind Massie, portraying him as a principled fiscal conservative resisting bloated spending. With nearly $309K raised in just a week, Massie’s campaign gains momentum amid the MAGA-driven backlash. The battle now highlights a deeper rift in the Republican Party — between loyalty to Trump and commitment to independent conservative values.
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A massive new tax and spending bill, championed by Donald Trump as his "big, beautiful bill," has cleared major congressional hurdles and is now facing a final, contentious vote. The legislation proposes a sweeping overhaul of the US economy, extending Trump's 2017 tax cuts while significantly boosting defense and energy spending and allocating new funds for border security. This move has ignited a political firestorm in Washington D.C., creating deep divisions not only between parties but within the Republican ranks and even straining Trump's relationship with high-profile supporters like Elon Musk.
The funding for this ambitious bill is at the heart of the controversy. The Republican proposal outlines deep cuts to essential social safety nets, including Medicaid, the Supplemental Nutrition Assistance Program (SNAP), and other low-income assistance programs. According to the Congressional Budget Office, these changes could result in nearly 12 million Americans losing their health coverage. The bill also introduces new work requirements for childless, able-bodied adults to receive Medicaid and SNAP benefits.
The financial implications are staggering. The bill is projected to add an estimated $3.3 trillion to the national debt over the next decade, a figure that has caused alarm and division among fiscal conservatives in the GOP. Social Democrats like Bernie Sanders have fiercely condemned the bill, labeling it a "handout to Trump’s rich allies." In a tense Senate session, Vice President JD Vance had to cast a tie-breaking vote to advance the legislation.
Despite the backlash, the bill contains provisions aimed at working-class voters, such as eliminating federal taxes on tips and overtime pay. However, House Democrats have blasted the legislation as a "reckless, regressive GOP tax scam" ahead of the crucial midterm elections. As the final vote looms, Trump has urged Republican lawmakers to "stay united" and pass the bill, which also includes a provision to raise the debt ceiling by $5 trillion.
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Sir Keir Starmer seems to mistake an interpreter for the new South Korean president Lee Jae-myung as they meet for formal talks at the G7 summit in Canada. The prime minister and the president then appear to be unsure where to stand for the photo opportunity in front of the gathered media. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
South Korea halts anti-North loudspeaker broadcasts along border to 'restore trust'
The move is the first concrete step toward easing tensions between the rivals under the new government of South Korean President Lee Jae-myung.
READ MORE : http://www.euronews.com/2025/06/11/south-korea-halts-anti-north-loudspeaker-broadcasts-along-border-to-restore-trust
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Credit: euronews (in English) Duration: 01:10Published
Here’s a full content set for your North Korea–Russia alliance story:
North Korean leader Kim Jong Un has pledged “unconditional support” for Russia and President Vladimir Putin during a meeting with Russian security aide Sergei Shoigu in Pyongyang. State media confirmed plans to expand into a deeper “strategic partnership,” defying global sanctions. The meeting comes as South Korea’s President Lee Jae-myung pushes for peace talks, but Kim appears more aligned with Moscow, reportedly even sending troops to aid Russia in Ukraine. Meanwhile, U.S. and allies accuse Russia of helping Kim evade sanctions and supplying him with advanced weapons tech.
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Lee Jae-Myung was officially sworn in as South Korea’s new president after a sweeping snap election victory. In his first address, Lee launched a sharp critique of former U.S. President Donald Trump’s steep tariffs on South Korean steel and aluminum exports, calling for a rebalancing of trade relations. Signaling a shift from his predecessor's hardline stance, Lee promised a renewed push for peace with North Korea, declaring, “No matter how costly, peace is better than war.”
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Liberal Lee Jae-myung wins South Korea's presidential election ending months of political turmoil
The liberal opposition candidate has secured more than 49% of the votes in an election that has seen one of the country’s highest voter turnout, with approximately 80% of the 44 million eligible voters taking to the ballot boxes.
READ MORE : http://www.euronews.com/2025/06/04/liberal-lee-jae-myung-wins-south-koreas-presidential-election-ending-months-of-political-t
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Credit: euronews (in English) Duration: 02:25Published
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