Hanwha Group has struck a $100 million deal to acquire the struggling Philly Shipyard, a major shipbuilding facility in Philadelphia. The South Korean conglomerate plans to revitalize the shipyard and expand its operations, creating new job opportunities in the region. This acquisition marks Hanwha’s entry into the US shipbuilding market and is expected to boost the local economy.
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Farage challenges UK two-party system, threatens European-style fragmentation
In July, Nigel Farage of Reform UK won a seat in the House of Commons on his eighth attempt, aiming to shake up Britain's traditional two-party system. Farage predicts a political revolution with hundreds of newcomers under the Reform UK label by the next election in 2029, challenging both the Conservative and Labour parties as he gains momentum and becomes a frontrunner for the position of Prime Minister. The UK's political landscape is shifting towards...
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