Cuban economy minister says no quick fix to devastating crisis

By Nelson Acosta HAVANA (Reuters) – Cuba’s economic growth is less than 2% this year and remains 8 percentage points below pre-pandemic levels, while production in sectors such as agriculture, mining and manufacturing was further behind, Economy Minister Alejandro Gil said on Saturday. Speaking before the country’s parliament, Gil said the primary sector, which includes…

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War reporter’s death prompts Russian outrage over Ukraine’s alleged use of cluster bombs

(Reuters) -A Russian war reporter was killed and three were wounded in Ukraine on Saturday in what the defence ministry said was a Ukrainian attack using cluster munitions, prompting outrage from Moscow. In a separate incident, German broadcaster Deutsche Welle said one of its journalists, Yevgeny Shilko, had been wounded elsewhere in Ukraine in a…

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[Analysis] Tesla is Overvalued by 1000%

  In the midst of the AI-driven technology stock surge of 2023, Elon Musk’s Tesla Inc. (NASDAQ:TSLA) has been enjoying quite a ride. However, the company’s inflated valuation is raising eyebrows in some quarters. The investment research firm New Constructs, led by its CEO David Trainer, proposes a startling analysis: according to them, the valuation…

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Cisco’s Unusual Trading Activity

    In the high-stakes world of big-time investors, a high roller has chosen to gamble on a downward trajectory for Cisco Systems. A thorough analysis of Cisco Systems’ (NASDAQ:CSCO) options trading history unveils a series of 18 unusual transactions. A closer examination of these trades reveals a nearly even split in market sentiment—44% of…

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