EXCLUSIVE: The World Cup so Far

By Nick Baum

WEDNESDAY – 6/20/18

The 2018 World Cup has only been around for six days so far, but we have already seen plenty of action, many of which unexpected, across the tournament. The first game of the tournament was in Thursday, with Russia taking the biggest win of the tournament so far, 5-0 against Saudi Arabia.

Soon after, Saudi Arabia flew to its next game, only for the plane’s engine to take fire, (An accurate representation of them playing Russia), but fortunately, the plane safely landed, and everyone was safe. Meanwhile, 2014 World Cup champions Germany lost 1-0 to the underdogs Mexico, and fans there cheered so loudly that it created a registered earthquake.

Switzerland managed to tie with Brazil, a World Cup favorite, by locking down on defense. Before then, Portugal and Spain tied 3-3, with Portugal’s Ronaldo scoring a hat trick (three goals) that game. Russia recently played its second match against Egypt, winning yet again with a score of 3-1, with Egypt’s Mo Salah scoring a penalty.

What has been seen by many as weird and embarrassing are the amount of own goals in the tournament so far. In 17 matches, 5 own goals have been scored, making Own Goal the leading goal scorer of the tournament so far. Now, it is time for the second match day for the teams. Every country has already played once with an exception of Russia and Egypt whom kicked off the next series in the World Cup.

Sources: Bleacher Report, Fox Sports, ESPN, Wikimedia Commons

Audi CEO Rupert Sadler Arrested

By Nick Baum

MONDAY – 6/18/18

Just hours ago, Audi CEO and Chairman Rupert Sadler was arrested in Germany in an investigation into diesel and emissions of the cars made by Audi. In a press release, a spokesman for Volkswagen (Audi’s parent company) Nicolai Laude confirmed that Sadler was arrested, but declined to comment on the current investigation.

Sadler had been CEO of Audi since the start of 2010, and had been promoted to CEO in the midst of Volkswagen’s alleged cheating in different emissions tests. From 2008 to 2015, Volkswagen allegedly installed software in their cars to cheat during emissions testing, when in reality the cars were said to pollute up “10 to 40 times more” than other cars, said the Environmental Protection Agency (EPA), whom made the allegations Sept. 18, 2015.

The arrest had also come just a week after prosecutors searched Sadler’s home for any evidence, and also just days after Germany placed a $1.2 Billion dollar penalty on Volkswagen for their alleged cheating and software used during emissions testing. All ready, Volkswagen’s stock in the Frankfurt Stock Exchange had fallen by more than 2%.

Sources: Environmental Protection Agency, Flickr, CNBC, CNBC Explains, CNN Money, Wikipedia

EXCLUSIVE: World Cup Starts Today

By Nick Baum

6/14/18 – THURSDAY

The 2018 FIFA World Cup will kick off today when the host country Russia (who automatically makes it) plays Saudi Arabia. This year’s world cup in Russia will feature dozens of stadiums, 32 teams, and like every year, will revolve around the host’s culture.

Some of the favorites of this year’s World Cup include Spain, Brazil, France, and Argentina, which includes Messi. Just yesterday, despite the 2018 World Cup not starting, the 2026 World Cup had been decided, when a FIFA council voted unanimously to bring the games to the US – Canada – Mexico joint bid, rather than Morocco.

In the 2026 World Cup, plans have already been announced that there will be 48 teams in the games, and that Canada will host 10, Mexico will host 10, and the United States will 40. Back to the 2018 World Cup however, it is a close race and a fierce competition, even if the United States, Italy, and Netherlands will be missing it.

Sources: Fox, ESPN, SB Nation

Trump and Kim Meet in Summit

By Nick Baum

TUESDAY – 6/12/18

Last night, US President Donald Trump and North Korean Leader Kim Jong Un met in Singapore for peace talks toward denuclearization and relations. The summit, which was held in the popular resort Capella Singapore, featured an extended handshake, signing a document in terms of denuclearization, and both leaders exchanging words for a better future.

The document that was signed by both leaders, held four main points, according to journalists, but the point of it was for the North Koreans to “work towards denuclearization”, and for the United States to halt all military exercises, according to the Wall Street Journal.

While some argued that the document itself proved to be thin and underwhelming, others argue that the document only establishes the countries’ intentions, and that lots of the summit was spent working between the two administrations at a working lunch. In the working lunch, featured a mix of western and asian foods, and for dessert was the top favorite Häagen-Dazs vanilla ice cream.

Sources: Time, Wall Street Journal, CNN, Fox News

Trump and Kim Jong Un Arrive in Singapore

By Nick Baum

MONDAY – 6/11/18

Both North Korean Leader Kim Jong Un and US President Donald Trump have now arrived in Singapore, for a summit that will be held on June 12th. Kim Jong Un arrived earlier, in the morning hours of yesterday, June 10th, while Trump arrived just hours later from the G7 Summit that he skipped part of.

Today, both leaders will also be completing activities. Trump has accepted an invitation for a state visit with the Singapore government, and reports suggest that Kim Jong Un brought his own toilet, as he is conscious about it. The meeting itself is going to be held at the luxury hotel Capella Singapore, a five star venue with many activities and space for the summit.

Security footage and photos have already been shown, showing the high stakes and preparations needed for the summit. Both leaders plan to have a private conversation, a public one, and a photo op together. This is also the farthest outside of North Korea, that Kim Jong Un has ever been, and the first meeting between a North Korean and American leader in years.

Sources: Wikipedia, CNN, Channel NewsAsia, TicToc by Bloomberg

Trump Will Skip Part of G7 Summit

By Nick Baum

FRIDAY – 6/8/18

Yesterday, US President Donald Trump announced he plans to leave the Group of 7 Summit a few hours early, according to the White House. The decision came after a back and forth Twitter feud with Canadian Prime Minister Justin Trudeau and French President Emanuel Macron over tariffs and a possible trade war.

At the summit, which will be held in remote Quebec, an aide of Trump will replace him for the final hours of the summit which Trump plans to skip. As said before, the decision was made after a Twitter exchange with other leaders, but the exact reason, according to the White House, is avoid confrontation or argument over the US’s new tariffs.

Trump also said he was “enthusiastic” about creating new tariffs and protecting American workers, but said he was “unenthusiastic” about waging and expressing his plans to other world leaders in person. However, trade tensions are still expected to be the top of the discussion for the two days of the G7 Summit, even after President Trump leaves.

Sources: CNN, Wall Street Journal, Wikipedia, White House

OPINION: Tariffs Never Work

By Nick Baum

THURSDAY – 6/7/18

The news about tariffs in the most recent months is absolutely idiotic, but before I dive in let me explain exactly what a tariff is. A tariff is an added tax or price on a certain product that comes from another country. For example, President Trump had the US start its tariff program by adding tariffs on Chinese steel and aluminum, meaning steel and aluminum in the United States that came from China will be higher, which will force companies to buy from American workers.

So you can see why tariffs are used a lot, as it is seen as a way to protect American workers and sort of force companies to buy and hire American. Except, it doesn’t really work in real life. When tariffs are added in a certain category, it actually has a very low chance of actually helping the country’s workers, because usually, the companies who are most effected by the tariffs will either find a loophole, use a different material, or just take the same product from another country.

Not only that, but tariffs can easily backfire because it raises the price of products in America. If you’re shopping for clothes in America and you found something that recently had a tariff on, that price will rise, and in many circumstances, by a lot. Tariffs sometimes help American workers, but backfires when it makes it difficult for American consumers to get the certain product.

Donald Trump recently added tariffs in different categories on China, and the response is, well, you guessed it. Different prices are soaring, American workers are somewhat being helped, but now a trade war is occurring. A trade war is when different countries slap tariffs on certain products from the same country that slapped tariffs on them. Basically, it is an endless back and forth cycle of countries putting tariffs on different products.

Already, after the United States’s tariffs, Canada, Mexico, and the European Union decided to add their own tariffs, and that doesn’t even include China, which is most effected by this decision. Not only does this prompt poor relations, but it hurts the economy, because certain products have gotten more expensive. If it wasn’t for Trump’s tariffs, the stock market could’ve shot even further up. However, now it is rocky, not only the stock market, but trade relations with our closest allies.

Sources: CNN, Wall Street Journal, Wikimedia Commons, Fox News