Morning bird: The dispute between Trump and Musk is escalating, Tesla's shares are falling. Harvard legally attacked Trump's decree on the ban on entry of foreign students into the USA
After Musk sharply opposed the proposal of the law on reducing taxes and expenditures from Trump's administration, the dispute with the American president is escalating. Trump is increasing pressure on Harvard to adapt to his agenda. The University then labeled his move, which is to prevent foreigners seeking to study from entering the country, as illegal.
Tesla's shares are weakening due to Musk's disagreements with Trump
Tesla's shares began to lose about ten percent yesterday after investors were frightened by a dispute between the car company's CEO Elon Musk and US President Donald Trump. Musk has been sharply criticizing the law reducing taxes and expenditures supported by Trump in recent days. In response to this, Trump stated that he was very disappointed in Musk. Investors fear that worsening relations with the president will have a negative impact on Musk's business activities, said the agency AP. According to Trump, Musk does not like that the new law removes tax breaks for electric cars. Musk's company SpaceX will also immediately start decommissioning its Dragon spacecraft. Musk announced this on social media in response to a statement by US President Donald Trump that the government should cancel Musk's government contracts and subsidies.
The University has declared President Donald Trump's latest move illegal
Distinguished American Harvard University declared President Donald Trump's move, to prevent entry to foreigners seeking to study at the oldest university in the USA, illegal, and asked the court to immediately block Trump's decree.
The university thus expanded its previous lawsuit, which it had filed as part of a larger dispute with the Republican president, in response to Trump's decree announced on Wednesday evening. It states that the suspension of entry into the country applies to foreigners who want to start their studies at the Harvard University within the student exchange program, reported the server Ceskenoviny.cz.
Birth rate in Japan has dropped to a record low
The number of newborns in Japan is decreasing more quickly than was anticipated. Last year, this indicator declined to a record low level, reported CNN. In fact, only 686,061 children were born in Japan last year, which means a year-on-year drop of 5.7 percent. For the first time since 1899, when the records began, the number of newborns dropped under 700,000. That figure represents approximately a quarter of the record-high 2.7 million births recorded in 1949.
Original Hermès bag by Jane Birkin going up for auction
The original Hermès Birkin bag, which was the model for one of the most sought-after celebrity symbols in the world, will be auctioned next month in Paris. However, the original differs from the following versions, which is what makes it so exceptional. It has a different size, metal rings, brass fittings, shoulder straps, a zipper and bottom studs. The saddle-stitched bag, inspired by actress and singer Jane Birkin, will be auctioned by Sotheby's auction house, reported by CNN.
Sources: Ceskenoviny.cz, AP, CNN
