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SpaceX (SPCX.O) will announce its second-quarter 2026 results and hold a webcast conference on August 4th local time.On July 21, US President Trump stated that Israeli Prime Minister Benjamin Netanyahu "will not be arrested in any way" during his visit to the United States, responding to earlier comments by New York City Mayor Sergei Mamdani regarding the possibility of arresting Netanyahu. Mamdani recently stated that if Netanyahu travels to New York in September to attend the UN General Assembly, the New York City government is exploring legal avenues for action against him. He also stated that Netanyahu "should be sent to The Hague." The International Criminal Court has previously issued an arrest warrant for Netanyahu, accusing him of war crimes and crimes against humanity. Trump stated that the US will not carry out any arrests, saying that those responsible should be held accountable are "the people who have led Iran into a vortex of death and destruction." Netanyahu responded by calling Mamdani "anti-American" and accusing him of supporting Hamas. Analysts point out that the US is not a member of the International Criminal Court, and foreign leaders typically enjoy diplomatic immunity during official visits to the US; therefore, the likelihood of an arrest warrant being enforced against Netanyahu during his visit is low.The Dow Jones Industrial Average closed down 305.32 points, or 0.59%, at 51,841.10 on Monday, July 20; the S&P 500 closed down 14.28 points, or 0.19%, at 7,443.41 on Monday, July 20; and the Nasdaq Composite closed down 12.17 points, or 0.05%, at 25,508.07 on Monday, July 20.July 21st - U.S. stocks closed Monday with the Dow Jones Industrial Average down 0.59%, the S&P 500 down 0.19%, and the Nasdaq Composite down 0.05%. Circle (CRCL.N) rose 8%, Oracle (ORCL.N) fell nearly 4%, Tesla (TSLA.O) fell nearly 3%, and SK Hynix (SKHY.O) fell 1.8%. The Nasdaq China Golden Dragon Index closed up 0.9%, Alibaba (BABA.N) rose 4.6%, and JD.com (JD.O) rose 3%.The White House stated that the Secretary of Commerce will oversee and implement all approved industry repatriation programs. If companies fail to fulfill their commitments, the Secretary of Commerce can suspend and revoke their tariff preferences, including retroactively cancelling those preferences.

Plastic Consumption Is Projected to Nearly Double by 2050, According to Studies

Haiden Holmes

Feb 27, 2023 14:08

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According to research published on Monday, plastic consumption in G20 nations is on track to nearly double by the middle of the 21st century unless a comprehensive and legally binding global treaty to reduce consumption is drafted.


According to Back to Blue, a research group operated by the Economist Impact think-tank and the Nippon Foundation, existing initiatives to increase recycling or reduce single-use plastic consumption have "barely scratched the surface" and a more comprehensive global plan is required.


In Uruguay, the United Nations began negotiations on an agreement to combat plastic pollution in November, with the goal of drafting a legally binding treaty by the end of the following year. 175 countries have joined up for the negotiations.


Nonetheless, if negotiations fail, annual plastic production in G20 nations could reach 451 million tonnes by 2050 based on current development rates, according to Back to Blue - an increase of nearly 75 percent from 2019.


The research group stated, "There should be no illusions that the treaty negotiations will be anything but difficult and treacherous." "The likelihood of failure is high, both in terms of no treaty emerging and a treaty that is insufficient to reverse the plastic tide."


It called for a stricter ban on single-use plastic, as well as increased production taxes and mandatory programs to hold companies accountable for the entire lifecycle of their products, including recycling and disposal.


Back to Blue stated that the combined measures could limit annual consumption to 325 million tonnes by 2050, but that would still be a 25 percent increase from 2019 and the equivalent of 238 million garbage vehicles.


Brazil, the United States, Indonesia, and Turkey are among the G20 countries that have yet to introduce national prohibitions on single-use plastic products, according to the report.