In west London, around 30 protesters gathered outside a Tesla dealership as part of the “Tesla Takedown UK” campaign, protesting against Elon Musk’s political interventions. The group aimed to impact Tesla’s stock and urged a boycott of the electric vehicle company. Organized by software engineer John Gorenfeld, inspired by US protests, the demonstration was sparked by a call to action on the social media platform Bluesky.
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Brussels proposes revamp of controversial securitisation rules
The European Commission has proposed revisions to EU debt securitisation rules to reduce capital charges for banks and streamline regulations, aiming to invigorate the securitisation market and boost economic competitiveness. While the changes, including lowering risk weights and simplifying investor obligations, are intended to enhance funding availability, critics argue they may compromise financial stability and international standards established post-2008 crisis. Need More Context? 🔎
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