Ken

Ken Block's Iconic Hoonitruck Goes Up for Auction

2 days ago

A recent auction event has captivated automotive enthusiasts and street racing culture fans as a unique Hoonitruck - a modified Ford F-150 - has been put up for sale. This vehicle became a symbol of Ken Block's driving style, the famous stunt driver and racer who tragically passed away in a car accident in January 2023. The Hoonitruck was introduced to the world as a machine for performing tricks and high-speed runs, showcasing stylish design and incredible capabilities.

Glickenhaus Launches Production of Supercars 004S and 004CS

1 month ago

Glickenhaus, renowned for its exclusive supercars, has announced the initiation of production for the 004S model and its more aggressive counterpart, the 004CS. The supercars are set to be available for purchase starting in 2024. This news fuels interest in the brand, as its models are successfully completing testing and receiving confirmations of compliance with all necessary standards.

Kendrick Lamar Adds Style with New Buick GNX in His Latest Video

2 months ago

American rapper Kendrick Lamar is once again drawing attention, this time due to an outstanding vehicle that has become a striking detail in his latest music video. In the video titled "The Heart Part 5," the rapper showcases a new version of the legendary 1987 Buick GNX, which has become a symbol of style and power.

IMF Begins Review of Financing Program in Kenya

4 months ago

The International Monetary Fund (IMF) has sent its experts to Kenya to commence the latest review of the existing financing program aimed at aiding the fragile economy of the country. This review will be a significant step in determining the effectiveness of measures taken by the government in light of the current economic challenges.

Disney's Entertainment Chair Shares Insights on the Future of Streaming and Themes

4 months ago

In a recent interview, Disney's Chairman of Entertainment, Kenny Pato, discussed the significant changes occurring in the entertainment landscape, including the impact of streaming services and the state of theme park attractions. He highlighted how the company is adapting to new market demands and swiftly responding to changes in consumer preferences.

ParaFi Crypto Fund Tokenizes Interests in a Venture Capital Fund

4 months ago

Cryptocurrency fund ParaFi Capital has announced the launch of a new financial instrument allowing investors to share interests in venture capital through tokenization. This initiative aims to attract investors in the crypto industry who wish to invest their funds under more flexible conditions. Participants will now be able to buy and sell shares in funds via tokens, significantly simplifying access to venture investments.

Telegram's Crypto Token: A $5.9 Billion Red Flag for Crypto Investors

4 months ago

Telegram, the popular messaging platform, has recently launched a crypto token that has sent alarm bells ringing in the cryptocurrency community. This new token comes with a staggering market capitalization of $5.9 billion, which has raised eyebrows among both investors and analysts. The launch is seen as a major event in the world of digital currencies, particularly given the ongoing volatility and regulatory scrutiny faced by crypto assets globally.

Kenya Struggles with Financial Difficulties After Tax Protests

4 months ago

Kenya continues its efforts to stabilize public finances following mass protests triggered by tax hikes. The government has faced growing public opposition for several weeks as new tax measures have outraged citizens already suffering from economic hardships. Workers, students, and civil society representatives have organized demonstrations calling on authorities to reconsider tax policies and implement economic reforms.

Kenya Faces Record High Local Borrowing Costs

4 months ago

In Kenya, the costs associated with local borrowing are nearing record highs last seen in 2015. This situation is exacerbated by the halt of funding from the International Monetary Fund (IMF). The rising borrowing costs have significantly impacted the country's economy, misleading investors and increasing burdens on the national budget.

Kenya Faces Rising Inflation: Cost of Living Continues to Climb

4 months ago

Kenya is experiencing an increase in inflation, which reached a two-month high in August 2024, linked to rising costs of essential goods. According to the latest data, inflation in the country rose to 5.1% year-on-year, surprising economists as there had been a steady decline in inflation rates previously.