Economy - Page 6

U.S. to Control Venezuelan Oil Sales Indefinitely

The Trump administration will sell Venezuelan oil “indefinitely” and control the proceeds, Energy Secretary Chris Wright announced Wednesday, as part of the administration’s broader strategy to manage Venezuela’s oil exports and rebuild its energy sector.

Maracaibo, Venezuela. 12-04-2025. An oil tanker is seen anchored in Lake Maracaibo after l

Trump: ‘The Fraud Investigation of California Has Begun’

President Donald Trump announced Tuesday on social media that an investigation into alleged fraud in California has begun, pointing to what he described as deep corruption under Governor Gavin Newsom. The statement comes as California faces mounting scrutiny over welfare, education, and unemployment fraud, amid a broader national crackdown following high-profile fraud cases in states like Minnesota.

The Governor of California Gavin Newsom answers questions to an AFP journalist in the side

‘Every Single Car Will Be Autonomous:’ Nvidia Unveils AI-Powered Self-Driving Vehicle System

AI chip giant Nvidia has announced a major expansion into autonomous vehicle technology with the launch of its new AI-powered platform for self-driving cars. The company is partnering with Mercedes-Benz to produce a driverless car in competition with Waymo, Tesla, and other tech giants. CEO Jensen Huang says, “Our vision is that someday, every single car, every single truck, will be autonomous.”

Nvidia self driving car with Mercedes