Sunday, September 28, 2025

Polaris of Enlightenment

Chinese EVs outsell Tesla

Published yesterday 10:55
– By Editorial Staff
From unchallenged market leader to pressured giant – Tesla faces intensifying competition from China.
1 minute read

Chinese electric vehicle company BYD has increased its sales in Europe by over 200 percent. Meanwhile, Tesla’s electric vehicle sales in Europe decreased compared to last year.

For the eighth consecutive month, sales are declining for Elon Musk’s electric vehicle company Tesla in Europe, according to industry organization ACEA. In July, Tesla sold a total of 8,220 electric vehicles, which is 36 percent less than the same month last year.

Meanwhile, Chinese electric vehicle manufacturer BYD, which stands for Build Your Dreams, sold 9,130 electric vehicles in July, representing an increase of 201 percent compared to July last year.

Looking at this year’s figures, Tesla has lost 43 percent in the European market, while BYD has increased by 244 percent.

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China plans fully AI-controlled economy by 2035

The modern China

Published yesterday 19:52
– By Editorial Staff
By 2035, AI is planned to have "completely reworked Chinese society" and implemented a new phase of economic and social production.
2 minute read

The Chinese government has presented an ambitious ten-year plan where artificial intelligence will permeate all sectors of society by 2035 and become the “main engine for economic growth”.

China’s State Council has published a comprehensive plan aimed at making the country the world’s first fully AI-driven economy within eleven years. According to the government document presented at the end of August, artificial intelligence will have transformed Chinese society by 2035 and become the foundation for what is described as “a new phase of development in intelligent economy and intelligent society”.

The plan, which spans ten years, encompasses six central societal sectors that will be permeated by AI technology by 2027. These include science and technology, citizen welfare, industrial development, consumer goods, governance, and international relations.

The goal: 90 percent usage by 2030

According to the timeline, AI technology should reach a 90 percent usage rate by 2030 and practically become a new type of infrastructure. At this point, the technology is expected to have developed into a “significant growth engine for China’s economy”.

The strategy resembles the country’s previous “internet plus” initiative, which successfully integrated the internet as a central component in the Chinese economy.

By 2035, AI should according to the plan have “completely reworked Chinese society” and implemented a new phase of economic and social production. This is an ambitious goal with significant consequences, not only for the People’s Republic but for the entire world.

International cooperation in focus

The State Council emphasizes that AI should be treated as an “international public good that benefits humanity”. The plan highlights the importance of developing open source AI, supporting developing countries in building their own technology sectors, and the UN’s role as a leader in AI regulation.

Although China’s AI industry is growing rapidly, as exemplified by the open AI platform DeepSeek’s successes earlier this year, Chinese models still lag several months behind their American counterparts in terms of average performance. This is largely due to restrictions and barriers that Western countries have imposed.

However, the gap is steadily narrowing. At the end of 2023, American AI models performed better than Chinese ones in 13 percent of general reasoning tests. By the same time in 2024, this figure had dropped to 8.1 percent. In certain AI applications, China is already a world leader and has invested heavily in offering its services at low prices and in many cases completely free as open source.

The State Council’s ten-year plan aims to further reduce the lead by strengthening key areas such as fundamental model performance, security measures, data access, and energy management.

Whether Beijing can deliver on its massive goals with the help of sometimes unreliable technology remains to be seen. However, if other nationally coordinated plans are any indication, the country may face a comprehensive transformation.

Arms industry surges on stock market after Trump’s statements

The war in Ukraine

Published 24 September 2025
– By Editorial Staff
M109 howitzer, manufactured by British defense contractor BAE Systems – Europe's largest arms manufacturer.
2 minute read

Arms companies’ shares are soaring following Donald Trump’s latest statements about Russia and NATO.

The president urged NATO countries to shoot down Russian aircraft that violate their airspace, while promising to continue delivering weapons to NATO and claiming that Ukraine can defeat Russia and reclaim its entire territory.

I think Ukraine, with the support of the European Union, is in a position to fight and WIN all of Ukraine back in its original form”, wrote Trump.

He also emphasized that Ukraine “might even be able to go further than that” and conquer Russian territory, promising to continue delivering weapons to NATO member countries.

“We will continue to supply weapons to NATO for NATO to do what they want with them. Good luck to all!”

Saab and European defense companies lead gains

Trump’s statements had an immediate effect on the stock market.

A basket of European arms and military companies rose by a full 2.8 percent following the president’s comments. German Rheinmetall increased 1.4 percent, British BAE Systems 1.6 percent – and Swedish aerospace and defense company Saab AB jumped nearly five percent to a new record level.

In Asia, the gains were even more pronounced. South Korean Hanwha Aerospace, the country’s largest weapons producer, rose 5.9 percent. The company has recently held talks with several Western European countries about contributing to expanded weapons production. Korea Aerospace Industries and Hyundai Rotem increased over four percent each, while Japanese IHI surged nearly ten percent.

The defense industry has already enjoyed strong momentum on stock exchanges for some time, where continued geopolitical tensions and conflicts, Trump’s war rhetoric and expectations of growing military budgets are driving up interest further and providing new price rallies worldwide.

Putin’s advisor: The US is conspiring with crypto and gold

Published 10 September 2025
– By Editorial Staff
Governments and central banks worldwide are closely monitoring how the United States plans to approach cryptocurrencies.
2 minute read

A Russian presidential advisor is convinced that the US is planning to exploit cryptocurrencies and gold to erase large portions of the country’s $35 trillion national debt.

Anton Kobyakov, senior advisor to President Vladimir Putin, made the accusations during the Eastern Economic Forum in Vladivostok – an event aimed at attracting foreign investment to Russia’s Far East region.

Kobyakov directed sharp criticism at what he describes as Washington’s attempts to manipulate global financial markets.

— The US is now trying to rewrite the rules of the gold and cryptocurrency markets. Remember the size of their debt, 35 trillion dollars. These two sectors are essentially alternatives to the traditional global currency system, Kobyakov said in his address.

— Washington’s actions in this area clearly highlight one of its main goals to urgently address the declining trust in the dollar, he continued.

The US national debt has now surpassed $35 trillion – the largest in the world. The sum consists of the federal government’s total debt to various creditors: foreign governments, institutional investors, and American citizens holding government bonds.

The debt has accumulated over several decades through budget deficits, extensive stimulus packages, high military spending, and costs for social programs such as Social Security and Medicare.

Converting national debt to “stablecoins”?

Kobyakov suggests that the US plan involves converting parts of the national debt to so-called stablecoins – cryptocurrencies pegged to traditional currencies. Through this, the debt could in practice be devalued, which he describes as “starting over from scratch”.

The Russian advisor warns that such a strategy could have serious consequences for global economic stability.

The statements come amid an intense international debate about the future role of digital currencies in the global financial system. How the US will approach cryptocurrencies – and what it means for the dollar’s role as the world’s reserve currency – is being closely watched by governments and central banks around the world.

Trump threatens new tariffs in retaliation for “discriminatory” tech taxes

Donald Trump's USA

Published 26 August 2025
– By Editorial Staff
President Trump defends Meta, Google and Amazon against foreign taxes and threatens US countermeasures.
2 minute read

Donald Trump warns of new tariffs and export controls against countries that he claims “discriminate” against American tech giants. The statement could escalate trade conflicts with both the United Kingdom and the EU.

In a post on his Truth Social platform on Monday evening, the president launched a harsh attack against “digital taxes, legislation, rules or regulations” and claimed that as president he intends to defend American companies against what he described as malicious attacks.

“As the President of the United States, I will stand up to Countries that attack our incredible American Tech Companies. Digital Taxes, Digital Services Legislation and Digital Markets Regulations are all designed to harm, or discriminate against, American Technology”, Trump wrote.

“They also, outrageously, give a complete pass to China’s largest Tech Companies. This must end, and end NOW!” he continued.

True to form, Trump uses his own social media platform to tell the world about his plans. Photo: facsimile/Donald Trump/Truth Social

According to analysts, the statement risks further deteriorating trade relations between the US, the United Kingdom and the EU.

“Flagrant attack”

Washington has long criticized the UK’s digital services tax, which despite American criticism was retained after an agreement with Trump’s previous administration. The US has also directed harsh criticism at the EU’s Digital Services Act, which places higher demands on large tech companies to control content on their platforms.

Several EU countries, including France, Italy and Spain, have had their own taxes of similar nature since before, reports Financial Times.

In June, Canada chose to scrap its digital services tax to pave the way for trade negotiations with the US. Trump had previously described the tax as a “direct and flagrant” attack. The British also considered changes to their tax, but ultimately managed to reach a trade agreement without making changes.

In the UK’s case, the tax is 2 percent and applies to companies like Alphabet, Meta and Amazon. It affects companies with global revenues over £500 million and is levied on parts of turnover exceeding £25 million in the country.

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