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Auto & Transport Roundup: Market Talk

Auto & Transport Roundup: Market Talk

Yahoo29-05-2025

Find insight on sales of EV and hybrids in China, Continental and more in the latest Market Talks covering the auto and transport sector..

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These 10 Historical Figures Are on U.S. Money. Here's When Harriet Tubman Will Join Them
These 10 Historical Figures Are on U.S. Money. Here's When Harriet Tubman Will Join Them

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timea day ago

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These 10 Historical Figures Are on U.S. Money. Here's When Harriet Tubman Will Join Them

Here's what you'll learn when you read this story: American currency as we know it today has been in circulation since 1792. Founding Fathers, past presidents, and a selection of other notable historical figures appear on the country's paper bills and coins. There are ongoing efforts to add women like Harriet Tubman and Eleanor Roosevelt to U.S. money. The history of U.S. currency and the many distinguished individuals featured on American paper bills and coins is a long, winding road. Upon its founding in 1776, the United States had what was known as Continental currency in circulation for many years. Nearly two decades later, in April 1792, the U.S. dollar was created as the official American currency. The fictional Lady Liberty was the main symbol on U.S. coins at the time, but in 1909, Abraham Lincoln became the first U.S. president to appear on American money. Founding Fathers and other deceased presidents, including Thomas Jefferson and Benjamin Franklin, have since joined him. In recent years, the general public has taken an interest diversifying the people depicted on their money. New designs are being considered for cash and coins to represent a wider breadth of historical symbols and figures who have helped define America. While Harriet Tubman's portrait is set to be the new face of the $20 bill (a rollout that's still several years away), images of Martin Luther King Jr.'s 'I Have a Dream' speech, Marian Anderson's 1939 opera concert at the Lincoln Memorial, and a portrait of Eleanor Roosevelt are planned for the reverse side of the new $5 bill. The Treasury has also announced suffragists Lucretia Mott, Sojourner Truth, Susan B. Anthony, Elizabeth Cady Stanton, and Alice Paul are expected to be featured on the reverse side of the $10 bill. Of all the redesigns, the $10 bill is expected to be the first, but it won't be ready until 2026 and will take until 2028 to be in circulation. Beyond these major redesigns, the U.S. Mint regularly releases special edition coins that often promote notable Americans. For example, the January 2025 release of the American Innovation $1 Coin, a series honoring innovation and inventors in each state, features naval engineer Raye Montague. Another series, American Women Quarters, celebrates the achievements of women, including journalist and suffragist Ida B. Wells, Girl Scouts founder Juliette Gordon Low, and tennis player Althea Gibson. To help you keep track of which famous faces regularly appear on U.S. money, we've assembled a rundown of the people and unique features on standard currency, from the penny (it's not going anywhere just yet) to the $100 bill, as of this year. To mark the centennial of President Abraham Lincoln's birth, the Lincoln penny was produced and issued in 1909. Designed by Victor David Brenner, it was the first U.S. coin that featured a portrait and the first to include the motto 'In God We Trust.' Two wheat stalks flanked the denomination's reverse side for decades (leading to this version's nickname, the wheat penny), along with the words 'United States of America' and the Latin phrase E Pluribus Unum, which translates as 'Out of many, one.' Since 2010, the tails side has featured the Union shield. This marks the most recent of the Lincoln penny's three major redesigns, with earlier overhauls in 1959 and 2009. This May, the U.S. Mint announced plans to stop producing new pennies, though the 1-cent coin will still be in circulation. In 1938, artist Felix Schlag won a U.S. Mint competition to redesign the five-cent coin. His entry for the Jefferson Nickel replaced the Buffalo Nickel that same year. From its initial production to today, the nickel continues to be one of the most popular coins in circulation among collectors. The obverse side, or heads side, shows President Thomas Jefferson's portrait with the inscriptions 'In God We Trust' and 'Liberty.' The reverse is a portrait of his Monticello plantation, along with the inscriptions E Pluribus Unum and 'United States of America.' In honor of Franklin D. Roosevelt's death in 1945, the Roosevelt dime was quickly secured and minted the following year. It replaced the Mercury dime, the version of the 10-cent coin that had been in circulation since 1916. Despite the fact that President Roosevelt led the nation through the Great Depression and most of World War II, the Roosevelt dime was actually issued in honor of his personal and philanthropic fight against polio, which led to the founding of the March of Dimes. Designed by Chief Engraver John R. Sinnock, the Roosevelt dime features the president's portrait with the word 'Liberty' on the left and 'In God We Trust' sitting below. The reverse side features a freedom torch surrounded by olive and oak branches, the symbols for peace and victory. As with other U.S. coins, the phrases 'United States of America' and E Pluribus Unum appear. The Washington quarter was first minted in 1932 in celebration of President George Washington's 200th birthday. The bicentennial committee originally wanted a temporary Washington half-dollar issued to honor the first president, but when Congress got involved, half-dollar plans were scrapped. Instead, the Washington quarter permanently replaced the Standing Liberty quarter. Although the committee vied for sculptor Laura Gardin Fraser's design of Washington's portrait, then–Treasury Secretary Andrew W. Mellon ultimately got his wish and chose the design of sculptor John Flanagan. Starting in 2022, Fraser's portrait made it on the quarter at last. The design notably features Washington facing to the right instead of the left as in Flanagan's version. For decades, an eagle and an olive branch graced the quarter's back side, but since 1999, there have been a slew of reverse side designs. This has included images to honor all 50 states as well as various national parks, historic sites, and American territories. Prominent women in history—such as actor Anna May Wong, aviator Bessie Coleman, and singer Celia Cruz—have also appeared. For one year only, in 2021, the quarter's reverse side depicted a scene of Washington crossing the Delaware. John F. Kennedy became the face of the half dollar in 1964, a year after his assassination. The obverse side of the 50-cent coin features a portrait of Kennedy designed for his presidential medal, while the reverse shows the Presidential Seal. Before JFK, the coin previously portrayed Benjamin Franklin and, from 1916 to 1947, 'Walking Liberty.' Although the Kennedy half dollar was mainly produced for annual coin sets starting in the early 21st century, the U.S. Mint began ordering them for circulation again in 2021. Designed by Glenna Goodacre, the Sacagawea Golden Dollar shows the Lemhi Shoshone woman carrying her infant son, Jean Baptiste. Thomas D. Rogers Sr. designed the reverse side of the coin, which features a soaring American bald eagle. Although the coin, issued from 2000 to 2008, was minted as a 'Golden Dollar,' it doesn't actually contain any of the precious metal. Other historical figures have appeared on additional versions of the dollar coin. This includes Susan B. Anthony as well as the first 41 presidents, with the exception Jimmy Carter, as part of the Presidential $1 Coin Program. Dollar coins are no longer in production, but you might still spot them (and use them!) in circulation. It wasn't until the Federal Reserve Act of 1913 that currency became standardized for the country's economic stability. By then, much of the design components of the $1 bill were already set in place—its color, borders, and phraseology—as they had long been in use. As one of the oldest U.S. currency designs still in use today, the $1 bill features an image of George Washington (based on Gilbert Stuart's Athenaeum Portrait) on the obverse, while the reverse shows the Great Seal of the United States. The design dates back to 1963, though Washington first graced the dollar in 1869. Before Abraham Lincoln's portrait first debuted on the $5 bill in 1914, seven other men secured a transitory spot on the denomination, including Founding Father Alexander Hamilton, Oncpapa Chief Running Antelope, and President James Garfield. The bill's current image of Lincoln is based on Anthony Berger's 1864 portrait of the president. In 1928, the reverse side was redesigned to feature the Lincoln Memorial after previously depicting a vignette of Christopher Columbus sighting land. In 2008, the $5 bill debuted a high-tech redesign to deter counterfeits. Its front includes the color purple, an imprint of The Great Seal of the United States to the right of Lincoln's face, and a band of stars. On the back, the bold purple '5' watermark at the bottom right stands most conspicuously, along with a sprinkle of yellow 5s to the top right, among its security features. Prior to Alexander Hamilton, a variety of notable figures appeared on the $10 bill, including politician Daniel Webster, explorers Meriwether Lewis and William Clark, and President Andrew Jackson. But starting in 1929, Hamilton became the statesman of choice, and the imprinted portrait you see of him today is based on a 1805 painting by John Trumbull. As the nation's first Treasury secretary, Hamilton is one of two non-presidents to be featured on U.S. paper currency (the other is Benjamin Franklin). While Hamilton's portrait is seen on the front, the reverse shows the U.S. Treasury Building. Although a great deal of new technology, such as watermarks and color-shifting ink, has been added to the $10 bill, the biggest change for this denomination is still to come. In 2015, the Treasury announced a woman would replace Hamilton as the new face of the denomination in 2020. However, due to security concerns, the redesign has been delayed until 2026. As a man who wanted to abolish paper money, President Andrew Jackson would've found it quite ironic that his face sits on the $20 bill. While he is seen on the denomination's front side, adorned with watermarks and green and peach hues, the White House is imprinted on the backside. In 2016, it was announced that abolitionist Harriet Tubman would replace Jackson as the new face of the $20 bill starting in 2020, but two years later, then–Treasury Secretary Steve Mnuchin announced the decision would be halted until 2028 for security reasons. President Joe Biden's administration said it was 'exploring ways to speed up' the release of the Tubman $20 in January 2021, but the change isn't scheduled to take effect until 2030. Since 1913, Civil War hero and the 18th U.S. President Ulysses S. Grant has been the face of the $50. While many people wonder why Grant was chosen to be on this particular bill, no one really knows the answer. The reverse side of Grant's portrait features the U.S. Capitol, though the earliest iterations included images of Panama, a merchant, and a battleship. Blue and red colors were added on both sides of the bill beginning in 2004, and micro-printed words such as 'Fifty' and 'USA' surround Grant's face, along with a watermark of the American flag to his right. Benjamin Franklin had many titles—Founding Father, inventor, diplomat—but U.S. president wasn't one of them. Still, Franklin began gracing one of the most desirable of denominations, the $100 bill, starting in 1914. A massive redesign in 2013 features Franklin slightly to the left of a quill pen, inkwell, and the Declaration of Independence, along with holographic watermarks and black light technology. The reverse side presents an image of Independence Hall in Philadelphia, the first building outside of Washington D.C. to be seen on any American money. You Might Also Like Nicole Richie's Surprising Adoption Story The Story of Gypsy Rose Blanchard and Her Mother Queen Camilla's Life in Photos

Stopping the boats is only half the battle. We must also restore British values
Stopping the boats is only half the battle. We must also restore British values

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time4 days ago

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Stopping the boats is only half the battle. We must also restore British values

At church on Sunday, we were asked to pray for refugees. I admit that, for the first time, I hesitated. Over the weekend, we have watched helplessly as hundreds of illegal migrants crossed the Channel with impunity. Even John Healey, the Defence Secretary, found these scenes 'pretty shocking'. The monthly Universal Credit bill for households with at least one immigrant is now almost £1 billion. Our streets are disfigured by imported crime and conflict. It isn't easy to be a Good Samaritan when you feel that your country is no longer your beloved home, but a fairly insalubrious hotel. Indeed, the anger engendered by what I call border anxiety puts at risk everything that fills us with patriotic pride – our ancient laws and liberties, our tolerance and sense of fair play and, yes, our kindness to strangers. Successive governments have been elected to control migration, but have proceeded to do the opposite. Simultaneously, we have dismantled or denigrated our own culture, our values and our traditions. The result is that we cannot integrate those who are already here, because we are losing the sense of what it means to be British. Unless we believe in ourselves, all we have is anarchy in public and parallel societies in private. The rage provoked by feelings of betrayal over uncontrolled migration is shattering the British political system, which the rest of the world used to envy and imitate. Yet it is fatal to our civility to give in to that rage: 'Whom the gods wish to destroy, they first make mad.' Instead of the fabled stability of our two-party parliamentary democracy, we seem now to be succumbing to a Continental-style chaos of four, five or more factions. A forest fire of fury has annihilated the old parties in France, Italy and other European nations. Why should Britain be immune? Fissiparous parties held together only by hostility are, ironically, prey to foreign powers. In Poland, the presidential election was overshadowed by the fact that the nationalist Law and Justice candidate, Karol Nawrocki, went to the Oval Office mid-campaign to pay homage to Donald Trump. Her master's voice, the US Homeland Security secretary Kristi Noem, flew to Warsaw to insist that 'Karol… needs to be the next president of Poland', while denouncing his liberal rival, Rafal Trzaskowski, as 'a train wreck of a leader'. Trump's emissaries had already intervened in the German election earlier this year: both Elon Musk and J D Vance endorsed Alice Weidel, leader of the Alternative for Germany (AfD) party. When the German authorities accused the nationalist AfD of extremism, Washington protested again in the name of 'free speech'. Meanwhile, the AfD has made no secret of its pro-Putin sympathies – and the feeling is mutual, especially since the new conservative chancellor, Friedrich Merz, has emerged as a staunch ally of Ukraine. We don't want to see British politics dominated by the White House or the Kremlin. Nor do we want every other urgent issue – from defence to the deficit – to be subordinated indefinitely to migration. We need to reach a new consensus on how to deter or deal with illegal migrants as soon as possible. Undesirables who come here to commit crimes or exploit our generosity must be deported. Likewise, legal migration must be curtailed, citizenship earned and rules strictly enforced. Above all, we must rediscover the world we have lost: in which our history is not a tale told by ideological idiots, but the stirring narrative of a nation of pioneers, entrepreneurs and saviours. We worry about immigrants, but forget about the half a million emigrants we lose a year, many of them young families despairing of a society that has lost its own plot. Three of my four grandchildren are growing up in Poland, a land that has endured an incomparably harsher past than our own, but which celebrates its culture and inculcates old-fashioned good manners. No wonder it is predicted that the Poles will overtaken Japan in GDP per capita next year and will one day surpass Germany and the UK too. Given the polarisation of British opinion on immigration ever since the 1960s, achieving a robust consensus may seem a remote prospect. Yet it is actually well within our grasp. As I wrote here recently, Denmark has done exactly that with its Social Democrat-led coalition under the formidable Mette Frederiksen. She has demonstrated beyond doubt that banishing border anxiety, while restoring confidence in cultural identity and the nation state, do not need to be demonised as a 'far-Right' crusade. Ms Frederiksen is indubitably a woman of the centre-Left, but she is first and foremost a Danish patriot. There are many grounds for doubting that Sir Keir Starmer is about to follow Ms Frederiksen's example, but one of the strongest is the electoral calculus. Labour's elites are wedded to the notion that their voters, who include millions of migrants and their descendants, would desert them if they adopted the Danish model. They are not entirely wrong – many Labour MPs do face threats from Lib Dems, Greens and especially Islamists – but this is a test of the Prime Minister's statesmanship. Ms Frederiksen's predecessor, Helle Thorning-Schmidt (the wife of Stephen Kinnock MP), failed that test and lost. She is a historical footnote, while Ms Frederiksen is widely emulated. Equally, Reform UK is guilty of throwing out the baby with the bathwater. We must beware of belittling the huge contribution that those from overseas have made to this country. It is no accident that the last two Conservative leaders have had migrant backgrounds. There are many like them who are intensely proud of this country and have no time for those who claim asylum but are really gaming the system. It was Rishi Sunak, not Sir Keir, whose measures, passed before he left office, have halved the net migration numbers. Hence Kemi Badenoch is the politician who most deserves to be trusted to achieve a new settlement on migration. Her formula is the right one: to end the automatic path to British citizenship and introduce a legally binding cap on annual immigration. If any leader can lay the spectre of border anxiety to rest, it's Kemi. Broaden your horizons with award-winning British journalism. Try The Telegraph free for 1 month with unlimited access to our award-winning website, exclusive app, money-saving offers and more.

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