The price of Arabica coffee beans has risen to a 13-year high.

December futures for Arabica beans on the key exchange increased to $2.68 per pound—the highest level since 2011.

Prices for Robusta have also been rising for over a week, surging by 3% on Monday, September 16.
#coffee

Tesla stops sales of its cheapest Model 3 in the U.S. due to U.S. sanctions

The standard rear-wheel drive version of Tesla, which used to be available for $39,000, used LFP batteries produced in China. Recently, the U.S. imposed sanctions and increased tariffs — the cost of the car soared so much that Elon Musk decided it would be easier to s…Read More

Now this is interesting — HBO claims they’ve cracked the secret behind Bitcoin’s creator

Satoshi Nakamoto — the pseudonym under which the first Bitcoin paper was published. On October 8th, HBO is releasing the series “The Mystery of Bitcoin”, where they promise to reveal the identity of the mysterious creator and one of the largest holders…Read More

The National Bank of Bahrain launches its first Bitcoin-linked investment, offering accredited investors growth exposure with full capital protection.
#bahrain #bitcoin

Sales of electric vehicles in Germany are plummeting — 70% fewer cars were sold in August compared to the same period last year. Across the EU, the EV segment has seen a 44% drop. Overall, car sales have decreased by 18.3%.

The main issue? YouTube. People are realizing that a car priced at $50,000 in the EU would cost just $25,000 in China. T…Read More

Bill Gates stated that billionaires should be taxed at 70% and their wealth should be redirected towards green projects, the poor, and vulnerable groups.

However, Gates didn’t specify what’s stopping him from setting an example and donating 70% of his own fortune privately.
#billgates

Elon Musk has announced a Tesla robot presentation for October 10, claiming it will “go down in history.”

The focus will primarily be on RoboTaxi, Tesla’s fully autonomous project. Rumors suggest the vehicle will have no steering wheel or pedals, and its design may resemble the Cybertruck. Recently, a photo surfaced online of a mysterious Tesla…Read More

FT: Germany was not warned by the U.S. about the sale of the country’s third-largest bank.

JPMorgan Chase bankers, who advised the German government to sell its stake in Commerzbank, didn’t inform German authorities that they had invited the Italian financial group UniCredit to participate in the deal. According to the publication, Germany dis…Read More

FriendSpace and Cognilabs Founder and CEO 😎🪐

Muhammad Ali Kakhramonov @ghosteeali

Discussing the next improvements with FriendSpace team!