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WSJ What’s News
Why It’s Getting More Dangerous for Global Mining Companies
Jan 7, 2025
Global mining companies are facing mounting pressure from developing countries demanding greater profit shares. These nations are becoming increasingly aggressive, resulting in site seizures and detentions of executives. The conflict reflects a shift in power dynamics, fueled by geopolitical tensions and a rising demand for critical minerals. In another briefing, negotiations for a potential prisoner swap between the Biden administration and Afghanistan are examined. Meanwhile, Meta aligns with the Trump administration by dropping fact-checking on its platforms.
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- Developing countries are increasingly using aggressive tactics, like seizing mines, to demand a larger share of mining profits.
- Meta's decision to drop fact-checking reflects a strategic shift towards prioritizing free speech amid perceived censorship concerns.
Deep dives
Waymo's Future with Self-Driving Cars
Waymo is investing heavily in self-driving technology, positioning its autonomous vehicles as pivotal for the future of transportation. The company's ambition signals a transformative shift in urban mobility, possibly reshaping how people travel and reducing reliance on traditional vehicles. By developing a reliable robotaxi service, Waymo aims to capitalize on the growing demand for innovative and efficient transportation solutions. The long-term success of this initiative will depend on regulatory approval, technological advancements, and public acceptance of self-driving technology.
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