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Kuwaits Oil Minister: Oil demand is expected to increase after the US interest rate cut, especially from Asia.Germanys DAX30 index opened up 171.94 points, or 0.74%, at 23,518.89 points on Thursday, September 18; Britains FTSE 100 index opened up 18.98 points, or 0.21%, at 9,227.35 points on Thursday, September 18; Frances CAC40 index opened up 31.76 points, or 0.41%, at 7,818.74 points on Thursday, September 18; Europes The STOXX 50 index opened up 34.55 points, or 0.64%, at 5404.25 points on Thursday, September 18; the Spanish IBEX 35 index opened up 92.38 points, or 0.61%, at 15232.38 points on Thursday, September 18; and the Italian FTSE MIB index opened up 292.02 points, or 0.70%, at 42247.00 points on Thursday, September 18.The Central Bank of Jordan cut interest rates by 25 basis points.On September 18th, Cui Dongshu, Secretary-General of the China Passenger Car Association (CPCA), stated in a statement that the penetration rate of new energy commercial vehicles in commercial vehicles will reach 20% in 2024, a significant increase compared to 2023. In August 2025, the penetration rate of new energy commercial vehicles reached 30%, a 7 percentage point increase from 23% in August of the previous year, showing relatively strong performance. From 2019 to 2021, the penetration rate of new energy commercial vehicles as a whole was around 3%, reaching 9% in 2022, 11% in 2023, and 20% for the entire year of 2024. From January to August 2025, the penetration rate reached a good level of 25%, reflecting the strong growth momentum of new energy commercial vehicles. In August 2025, the penetration rate of new energy commercial vehicles was 30%, a 7 percentage point increase over the same period last year, and a 7 percentage point increase from January to August, which was stronger than the growth of passenger cars.Hong Kong stocks continued to fall, with the Hang Seng Index and Hang Seng Tech Index both falling by more than 2%, while the Tech Index rose by 2% in early trading.

Elon Musk Modifies Twitter's Voting Policy Following His Resignation

Charlie Brooks

Dec 20, 2022 11:19

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Elon Musk announced on Tuesday that only Twitter Blue subscribers will be entitled to vote on future platform policy issues, just after an overwhelming majority of users voted for his removal as CEO.


Musk agreed with a tweet recommending he implement such a vote mechanism and stated, "Twitter will make this adjustment."


The action comes only one day after roughly 58% of 17.5 million users voted "Yes" to Musk's poll on whether he should resign as the social media platform's leader. Musk stated that he will "abide" by the poll's results.


The chief executive officer of Tesla Inc (NASDAQ:TSLA), which acquired Twitter earlier this year, has stated that all significant policy decisions for the social media site will be determined by public vote. The prospective restriction of voting in these polls to only verified users will undoubtedly lower participation.


It also provides a greater incentive to subscribe to Twitter's recently reopened verification program, following a catastrophic deployment in November that led to an increase in impersonators and false accounts on the social media network.


The Twitter Blue subscription service provides users with a blue check on their profile and a number of additional capabilities, such as the ability to edit tweets. Blue users' Block and Mute acts will be incorporated into the platform as downvotes.


Musk's purchase of Twitter sparked further controversy after the site terminated the accounts of numerous notable journalists who were believed to be critical of the Tesla CEO. The website had also suspended accounts that tracked the real-time positions of public personalities, most notably an account that followed Musk's private jet.


Twitter reinstated the journalist accounts following widespread reaction to their removal. The site also reinstated the accounts that tracked Musk's real-time movements after a series of surveys conducted by Musk revealed overwhelming user support for their reinstatement.


Allegations that the Tesla CEO is neglecting his duties at the electric vehicle manufacturer have infuriated shareholders. Musk was also criticized for selling nearly $3 billion in Tesla shares last week, despite repeated pledges that he would not do so.

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