
Germany's Budget Cuts Leave Heavy Industry Stuck with Dirty Tech
Operator Heidelberg Materials AG had received European Union subsidies for the green project that's set to save 700,000 tons of carbon emissions annually, and planned to start construction next year. But the company — which last month started capturing and liquefying emissions in Norway — is no longer staking out a timeline for its German project because the conditions for a prompt, final investment decision aren't given.
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Yahoo
4 minutes ago
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The most expensive transfers of the summer 💸
Liverpool in total domination. July has just ended, time to take a look at the most expensive transfers of the summer so far. Liverpool has the two most expensive transfers of this market. Florian Wirtz and Hugo Ekitike cost over €200M together. In the top 5, we find only one club outside the Premier League: Galatasaray with the official arrival of Victor Osimhen (€75M). A transfer tied with that of Bryan Mbeumo to Manchester United. The Red Devils are also closing the deal with the arrival of Matheus Cunha. Which of these recruits are you most looking forward to seeing play this season? Give us your opinion in the comments! This article was translated into English by Artificial Intelligence. You can read the original version in 🇫🇷 here. 📸 Alex Grimm - 2025 Getty Images


New York Post
5 minutes ago
- New York Post
Trump's EU trade deal win: Letters to the Editor — Aug. 4, 2025
The Issue: President Trump strikes a landmark EU trade deal before his new tariffs take effect. President Trump and his team keep on striking massive deals ('EU got a deal!,' July 28). How long can the biased media and Democrats not give credit where credit is due? Advertisement Now it's time for Federal Reserve chief Jerome Powell to cut interest rates and really get the economy moving. Bob Robustelli Stamford, Conn. Advertisement This is what happens when you elect a businessman as president, instead of a politician. Democrats lambasted Trump on the tariffs, but look how wrong they were. Robert Berk Manhattan Advertisement Saying the tariff deal with the EU is a lopsided win for the United States doesn't consider the whole picture. Sure, tariffs for EU products are 15% versus zero tariffs on US products to the EU, but this doesn't take into consideration the European Value Added Tax. VATs (somewhat similar to sales taxes in the United States) are on average 21.8%, compared to the US sales tax average of 7.25%. Add the US sales tax average to the new 15% EU tariff, and the US total average 'sales tax' is 22%. One can certainly argue this is not good for the EU or US consumers who foot that tax bill, but at least the revenue percentages for each government are similar. Advertisement Brice Russell Naples, Fla. Powell says he's against cutting interest rates because he wants to see how Trump's tariff policies and trade deals play out. That's not the absolute worst position to take. However, with each trade deal Trump inks, particularly the European Union one touted as 'the biggest deal ever made,' the United States becomes even more of an economic powerhouse. How much greater could we be doing if the US economy was turbo charged with an interest-rate cut to 3%? After the Fed stalling for months on a rate cut, Trump's mammoth EU deal has more than made his case for a stable and vibrant US economy. It's time that Powell abandons his cautious position and allows Trump to take full ownership of the US economy, which he is so far doing a spectacular job of managing. Eugene R. Dunn Advertisement Medford Touché, Miranda Devine ('Don deal proves all wrong — again!,' July 31). I guess the screams from those leftist idiots that the sky is falling shouldn't have been taken so literally. Hysteria was spewed by the media and their political minions, but they'll do whatever it takes to undermine Trump. Even many on the left, as hard as it is for them, cannot deny that Trump has a magical power that has the world coming around to even up the playing field. As Trump said, 'Victory is its own reward!' Advertisement Shame on the Democrats for trying to undermine what is best for everyone in this country. Kevin Judge Naples, Fla. Here's how I would deal with the tariff dilemma: Make tariff-free zones with some countries, let's say all Caribbean Community nations. Impose a basic minimum tariff, let's say 10%, with the opportunity to negotiate at a later date. Advertisement Then have conversations with like-minded nations to negotiate the tariff rates. Finally, call for a world conference, and I am sure it will be well-attended with solid suggestions from experts. Anant Nagpur Ottowa, Canada It didn't take Trump long to get the wheels in motion, and now our economy is like a well-oiled machine. Advertisement The naysayer Democrats were hoping that his tariffs would cause pandemonium and utter gloom, but take a good look — that didn't happen. Although prices haven't fallen (especially when dining out), what was once unaffordable has all of the sudden become within your budget simply because of consumer confidence. That's a good feeling that was absent for the last four long years. Ron Zajicek Cortlandt Want to weigh in on today's stories? Send your thoughts (along with your full name and city of residence) to letters@ Letters are subject to editing for clarity, length, accuracy, and style.
Yahoo
2 hours ago
- Yahoo
Lamborghini Temerario test drive: $380K hybrid supercar delivers mind-boggling performance
Lamborghini's (VWAGY) latest creation, the Temerario supercar, has some big shoes to fill. Let me rephrase that — the 900hp, all-wheel drive, plug-in hybrid Temerario with a 10,000 RPM turbo V8 has some big shoes to fill. Che cosa? That's because it's replacing the much-loved Huracán: the outgoing serpent-like, alien-looking creation equipped with a sublime, yet ferocious when needed, naturally aspirated V-10 engine. The Huracán was amazing. But times are changing. Around a year ago at Monterey Car Week, Lamborghini unveiled the Temerario, which loosely translates to 'reckless' in Italian. The long-in-the-tooth Huracán — which, believe it or not, is over 10 years old and shared some underpinnings with sister brand Audi's R8 — needed a refresh. Lamborghini also sold 30,000 units of the $250K+ Huracán, its best-selling car ever. In other words, it couldn't mess this up. And with changing rules like emissions and electrified propulsion needed in certain European locales, hybrid power was needed. Lamborghini knew it had to convince buyers this wasn't a 'green' thing — it's about performance. It did this convincingly with the Revuelto, its range-topping supercar that combines a V12 with a hybrid system, using electric motors more for performance than range. Switch Auto Insurance and Save Today! Affordable Auto Insurance, Customized for You The Insurance Savings You Expect Great Rates and Award-Winning Service Lamborghini's CEO Stephan Winkelmann notes the car is completely new from top to bottom, including, of course, the new powertrain. It has to be exciting, he says, but also livable. Lamborghini seems to have threaded that needle, at least for now: The car is sold out through its first year of production, he said, which is a nice start for the brand. The drive I took the Temerario on the track for a few sessions to put the car through its performance envelope. Styling-wise, it's a sleek, attractive car that fits the mold of what regular people envision when they think of a supercar. It's wide, low-slung, and angular. Not as extreme as the Huracán, but sexy in its own right. The rear is more interesting, with its fully exposed V-8 engine out back and fenders with wide cut-outs exposing the car's bulging rear tires, a nod to motorcycle design. One area the Temerario vastly improves on the Huracán is the interior. Better materials all around, better infotainment and instrument cluster digital screens with nice animations —and more space owing to slightly larger dimensions. Fewer buttons is not a welcome change, though it seems most of these functions are now controls on the steering wheel. On the track is where it all comes together. With its hybrid system, the Temerario features two motors powering each front wheel individually, giving the car true torque vectoring. That means the wheels can spin and apply force independently on their own. This also means that, while the rear wheels are powered by the monster V8, the front wheels can provide force at different times, like during an aggressive turn, keeping the car's line true and giving extra assistance around corners. Traction is of course improved as well. So handling-wise, the car feels a lot smaller than it really is, which makes even the most aggressive track easier to deal with. But true heart of the beast is its twin turbo, flat-plane-crank V8 motor. Combined with the two motors up front and one sandwiched in between the 8-speed transmission, the Temerario has a mind-boggling 900hp on tap. The engine alone is a marvel, able to spin up to 10,000 RPM. It is designed to keep pulling to that red line. Usually, most motors will start petering out at those heady levels. This allowed the Temerario to hit ungodly, panic-inducing speeds on the straightaways of nearly 200mph, which then meant going hard on the brakes, and then into the next curve without losing it. Those front motors really helped get the car back on the proper race line if you braked too deeply into the first turn, for example. The car allowed me to string faster lap after faster lap in succession, giving me confidence to push harder into every turn, and brake later. Yes, it is overall a better car than the Huracán when it comes to aggressive track driving. And I'm sure it's a perfectly livable car too — meaning, in theory, you could take it around town to run some errands — though I didn't get the chance to drive on local roads. But I have a few complaints, believe it or not. The loss of the Huracán's V10 really hurts from an emotional point of view — the sound of the 10-cylinder revving higher is intoxicating. Yes, the Temerario at 10,000 RPM screaming down the straightaway does give you that emotional kick, but most owners will not be pushing the car anywhere near that mind-boggling limit. Most owners will be driving around town or on some nice backcountry roads. And though I said it was subjective, the styling for me is a bit too toned down too, at least compared to the outgoing Huracán. For a car that starts at $382,654 in the US, we would like more of a wow factor. Lamborghini isn't done with the Temerario Lamborghini won't sit idly when it comes to special or updated versions of the Temerario. Performance models with aggressive styling and enhancements to the powertrain may mean more exciting versions could be coming. This is all part of the game plan. And some buyers actually prefer the base models of Lamborghini's creations because they are the purest form of these vehicles. But, finally, I have to ask: Could we see a Temerario special edition combining a non-turbo screaming V8 with those trick electric motors up front, or one with an aggressive, race car-like aero package? Pras Subramanian is the lead auto reporter for Yahoo Finance. You can follow him on X and on Instagram. Sign in to access your portfolio