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147.232
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Real-time News
On August 17th, Faraday Future officially announced and launched its "EAI + Crypto" dual flywheel and dual bridge ecosystem strategy. The company plans to launch EAI EV asset blockchains, creating an EAI travel + Web3 + blockchain technology + crypto asset application ecosystem. Additionally, Faraday Future officially launched the C10 Index, the first crypto asset basket index (excluding stablecoins) launched by a US-listed company. Faraday Future also released C10 Treasury, a treasury product based on the C10 Index. The first phase aims to purchase crypto assets totaling $500 million to $1 billion after securing the necessary funding. The initial allocation will be $30 million.On August 17, the European Union (EU) is attempting to prevent the US from targeting its landmark digital regulations. Negotiations are still underway on the final details of a delayed joint statement that would formally confirm the trade agreement reached last month. EU officials cited disagreements over the wording of "non-tariff barriers" as one of the factors delaying the joint statement. The US has previously stated that the EUs digital rules fall under the category of non-tariff barriers. The US wants to leave room for future concessions from the EU on the Digital Services Act. However, the EU has made it clear that relaxing these rules is a "red line" it cannot cross. Another obstacle to signing the EU-EU joint statement is reportedly brinkmanship over a timeline. The Trump administration is demanding clarity on when US fish and foods such as tomato sauce, biscuits, cocoa, and soybean oil will receive better market access, as well as when the EU will reduce tariffs on US industrial goods. However, the EU stated that its internal approval procedures make it difficult to set precise timelines, particularly as it has yet to decide how to streamline administrative procedures for US importers through legal reforms.According to RIA Novosti: Russian air defense forces shot down 46 Ukrainian drones at night.On August 17, German Chancellor Angela Merz, French President Emmanuel Macron, and British Prime Minister Jay Starmer will hold consultations on the 17th to decide whether to travel to the United States for the upcoming meeting between Trump and Volodymyr Zelensky on the 18th. Tass, citing German media, reported that a final decision on the trip is contingent on receiving a formal invitation from the US. Although Trump has suggested that Zelensky invite European leaders to the US, no formal invitation has yet been issued.The Governor of Voronezh, Russia: A Ukrainian drone attack damaged power lines at a Voronezh railway station and injured one employee.
