Tag: price

  • UBS Douses the Spotlight on Ford’s Model T Moment Showcase

    UBS Douses the Spotlight on Ford’s Model T Moment Showcase

    Ford Hits the Market With a “Next Model T Moment” – Spoiler: It’s All About Electric

    On 10:20 a.m. Eastern Time, Ford Motor Company launched a new chapter in its history, calling it the “Next Model T Moment.” Think of it as the modern-day equivalent of Henry Ford’s 1908 Model T, except this time the chassis is powered by a battery, not a gasoline engine.

    What’s the Big Deal?

    Ford’s own words on the website say the goal is simple: design and assemble breakthrough electric vehicles in America. That sounds a bit like a mission statement, but the company’s own revenue trail paints a wilder picture.

    • Quarterly earnings released on July 30 were a bit of a mixed bag: the electric‑vehicle unit reported a $1.33 billion loss in Q2.
    • But good news: $2.4 billion in EV revenue still washed in those sales.
    • In plain English, the numbers say: “We’re spending a lot on EVs, but the sales are keeping pace.”

    Farley’s “Model T Moment” Vibe

    During the most recent earnings call, CEO Jim Farley told a room full of analysts that Ford’s event felt like a Model T moment for the company.

    He referenced the historic release of the original Model T, which revolutionized mass production and knocked prices down like a giant who just dropped his coffee mug on the factory floor. The comparison suggests that Ford believes the new electric vehicle line will drop the cost of ownership for consumers and drive a big shift in the auto market.

    Why It Matters (and Why You Might Care)

    For the everyday driver, this means:

    • More options that feel like the future is already here.
    • A push toward nationally produced EVs that could ease supply chain constraints.
    • Confidence that one day our cars might be even “cheaper” or “faster” than the original Model T; we’re talking lower costs and higher tech, not slow-moving rubber wheels.

    So, whether you’re a devoted die‑hard Ford fan or just baffled by the electric‑vehicle jargon, the takeaway is pretty clear: Ford is gearing up to shift the gears of the auto world, one electric click at a time. Stay tuned – this is the new chapter that could redefine how we think about cars in America.

    Ford’s Kentucky “Model T” Fizzles Out

    What the UBS Analyst Had to Say

  • Patrick Hummel (UBS): “No big surprises at the August 11 event.
  • It’s still not going to be the big bang we’d hoped for.”

  • Despite Ford branding it a “Model T moment,” the day is more about a cautious check‑in than a product launch.
  • Why the Tension?

  • Ford wants to crack the budget‑friendly EV market—think the mid‑size pickup.
  • But the real product? It’s still an MIA; the company is just presenting its US production plans.
  • The Delay Dilemma

  • Ford pushed its EV pickup (originally 2027) and van (originally 2026) back to 2028.
  • This shift isn’t a surprise – the big boss, Jim Farley, keeps championing cheaper, smaller EVs and hybrids for the bigger rigs.
  • Question Marks on the Small‑EV Push

  • Is there genuine demand?
  • The new $7.5k credit is gone, and the market is splattered with better non‑EV options.

  • Will a Ranger‑sized EV really win hearts?
  • Only if the price point speaks to everyday buyers.

    Bottom Line

  • Ford’s Kentucky event will be less a launchpad and more a strategy update.
  • The EV lineup’s real show‑time remains a puzzle we’ll solve after the 2028 roll‑outs.
  • Stay tuned for the live broadcast and keep an eye on what comes next.*
  • Sure thing! Could you please provide the article that you’d like me to rewrite for you? Once I have the text, I’ll transform it into a fresh, engaging, and SEO‑friendly version in HTML format.

  • From Taylor Swift to Twin Peaks: What are the most iconic rings in pop culture?

    From Taylor Swift to Twin Peaks: What are the most iconic rings in pop culture?

    Just one day after the public announcement of her engagement, the pop superstar’s sparkler has already cemented its legacy in pop culture. What are the other iconic rings?

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    Taylor Swift and Travis Kelce have set the internet ablaze with news of their engagement, and all eyes have been on the ring. 
    According to US reports, Kelce worked with New York designer Kindred Lubeck of Artifex Fine Jewelry to design the ring and since the news of the engagement broke, the designer’s website has essentially sold out. 

    That’s Swiftie power for you, and just one day after the public announcement, the pop superstar’s ring has already cemented its legacy in pop culture.  
    Here are Euronews Culture’s picks of the rings Taylor’s sparkler joins…

    Marilyn Monroe’s engagement rings

    Marilyn Monroe in Gentlemen Prefer Blondes - Monroe's engagement ringMarilyn Monroe in Gentlemen Prefer Blondes – Monroe’s engagement ring
    20th Century Fox – screenshot Christie’s

    Marilyn Monroe wore two iconic rings that have remained anchored in pop culture history. The first is fictional, as the “Blond Bombshell” wore it in the 1953 film Gentlemen Prefer Blondes. It’s a rhinestone crystal engagement ring Monroe’s character Loralei Lee flaunts in the film. Monroe reportedly kept it after filming as a souvenir of her “first big film.” The second is the real engagement ring that New York Yankees legend Joe DiMaggio proposed with – an eternity band that featured a continuous line of 36 baguette-cut diamonds. Sadly, the marriage with DiMaggio was short-lived and it was sold at auction in 1999 for $772,500.

    Jackie Kennedy’s toi et moi

    Jackie KennedyJackie Kennedy
    AP Photo – Pinterest

    Another historical engagement sparkler, this time courtesy of Jackie Kennedy. JFK settled on a toi et moi ring from Van Cleef & Arpels in New York which featured two stones: a 2.84-carat emerald-cut emerald and a 2.88 carat emerald-cut diamond. It was estimated to be worth over $1 million at the time of purchase in 1953. The ring, which was reset in 1962 to include round diamonds totaling .66 carats and marquise diamonds totaling 1.46 carats, is now preserved at the John F. Kennedy Presidential Library and Museum in Boston.

    Elizabeth Taylor’s Krupp Diamond ring

    Elizabeth Taylor (and Richard Burton)Elizabeth Taylor (and Richard Burton)
    AP Photo – screenshot Christie’s

    Elizabeth Taylor was married eight times, so her engagement ring collection was stacked. Probably the most famous is the one Richard Burton proposed with for the first time in 1964, as the fiery pair with a flair for the dramatic wed twice (the second time in 1975). He picked an emerald cut stunner known as the Krupp Diamond – a bold, 33.19-carat vintage Asscher-cut. Known as the “skating rink” for its huge size, the ring sold at Christies Auction in 2011 for a staggering $8,818,500. For reference, the second Taylor-Burton ring was even larger, with what was then called the Taylor-Burton Diamond: a 69.42-carat pear-shaped rock which Taylor had reset into a necklace and wore at the 1970 Academy Awards.

    Elvis Presley’s TCB ring

    Elvis - TCBElvis – TCB
    AP Photo – screenshot Shop Elvis

    Temporarily moving away from engagement bands, one ring which is one of music culture’s most treasured items is The King’s ostentatious “TCB ring”. Standing for “Taking Care of Business” – Elvis’ favourite motto – the rock ‘n’ roll legend had several made by his longtime jeweler Lowell Hays. The original piece, designed by Presley himself, features black onyx, gold, a 7.56-carat round-cut diamond and two lightning bolt emblems. Elvis revealed that he paid $40,000 for the ring during a 1975 concert. Hays still reproduces the iconic design using the original mold, and much cheaper versions are available on Presley’s merchandise websites.

    Princess Diana’s engagement ring

    Princess DianaPrincess Diana
    AP Photo

    Last engagement ring, promise. Charles proposed to Diana in 1981 with a Ceylon sapphire engagement ring in 1981 and the band, featuring the 12-carat oval-cut sapphire encircled by 14 diamonds, remains her most iconic piece of jewellery. The ring’s original price was £28,000. Today, it is estimated to be worth upwards of £300,000. Diana’s engagement ring was passed down to her daughter-in-law, Kate Middleton.

    The evil SPECTRE ring

    SPECTRE ringsSPECTRE rings
    United Artists – MGM

    James Bond’s foes – at least those who belong to the criminal organisation SPECTRE -have a unique way of remaining secretive: they announce they’re devious bastards by parading their allegiance on their digits. To be fair, rings have been used in espionage for centuries; during World War II, signet rings with hidden compartments were common for smuggling hidden messages. Still, hardly very subtle vanity antics from SPECTRE. The original ring first appeared in From Russia With Love in 1963, worn by Ernst Stavro Blofeld, and it was later seen on the hands of evil agents in Thunderball and You Only Live Twice. It features an octopus – a symbol representing the organisation’s reach and menace (tentacles in a lot of pies, if you will) – although many believe it’s a ghost, which would be more fitting considering the cabal’s chosen designation. The ring was later redesigned for the Daniel Craig era, looking more streamlined and less ostentatious. Although more subtle, the original ring still beats the new aesthetic. Go big or go home.

    The Keith Richards skull ring

    Keith and his famous skull ringKeith and his famous skull ring
    Courts and Hackett – Jean Pagluiso

    The Rolling Stones guitarist (and suspected immortal music legend), Keith Richards has a few recognizable pieces of jewellery he likes to wear, including a silver skull ring. Both a symbol of rock ‘n’ roll rebellion and a memento mori, the ring designed by Courts and Hackett has become his emblem of sorts. He first started wearing it in the late 1970s and since then, Richard’s ring has inspired countless other musicians and celebrities – including Johnny Depp. Depp based his character of Jack Sparrow on Richards and, rather fittingly, the two starred opposite each other as father and son in 2007’s Pirates of the Caribbean: At World’s End.

    Captain Planet’s Planeteer rings

    Captain Planet's PlaneteersCaptain Planet’s Planeteers
    TBS – screenshot YouTube

    Pivoting to cartoon rings, we move to the beloved (and prescient) 90s show Captain Planet and the Planeteers. Picture the scene: Gaia, the spirit of the Earth, is in danger due to mankind’s destructive ways. She sends five magic rings to five youngsters, who will fight to preserve the planet from environmental threats. Kwame’s ring has the power of earth; Wheeler’s fire; Linka’s wind; Gi’s water; and Ma-Ti got the jackpot ring, since it has the power of heart – meaning he can telepathically chat to animals. And yes, despite what many choose to believe and the fact it’s the least offensively capable band, that last one is the most important ring. When the five teens combine their ring power, they summon EARTH’S GREATEST CHAMPION: CAPTAIN PLANET! If you’re not singing along to the theme tune in your head right now, take a long hard look in the mirror and go do some research.

    Twin Peaks’ Owl Cave ring

    The Owl Ring in Fire Walk With MeThe Owl Ring in Fire Walk With Me
    AMLF

    This mysterious gold and jade ring engraved with the owl petroglyph is a recurring totem in David Lynch’s seminal TV show Twin Peaks. Seen in both the series and the film Fire Walk With Me, this enigmatic ring has supernatural powers and is linked to the Black Lodge. Co-creator Mark Frost created a fascinating mythology for the ring – one too long and rich to be resumed here. If you’re interested in its origins, check out his book “The Secret History of Twin Peaks”. To keep things brief, the ring’s functions are three-fold: it can protect the wearer from harm; mark you for death courtesy of BOB; and, as seen in the third season of the show, pulls you away from reality and transports your soul to the Waiting Room. It’s all very knotty if you’re not a die-hard Cooperholic, but it’s a fascinating piece of pop culture jewellery. And a damn difficult one to purchase online… We want, we checked, we cried. But as the Log Lady says: “One day, the sadness will end.”

    Tupac’s crown ring

    TupacTupac
    AP Photo – screenshot Sotherby’s

    The gold, ruby and diamond crown ring designed and worn by legendary rap icon Tupac Shakur is another piece of music memorabilia that many would like to get their hands on. Too late now though, as a special Sotheby’s auction marking the 50th anniversary of hip-hop in 2023 saw the sale of the ring for an astonishing $1 million (€900,000) – making it the most valuable hip-hop artefact ever sold. Drawing inspiration from the majestic crowns worn by medieval European kings, Tupac collaborated with his godmother Yaasmyn Fula to bring his shiny vision to life. The artist donned the ring during his final public appearance at the MTV Video Music Awards on 4 September 1996. Just days after the event, tragedy struck when the young rapper, at the age of 25, was fatally shot in a drive-by shooting in Las Vegas on 13 September.

    Michael Jordan’s NBA Championship rings

    Michael JordanMichael Jordan
    AP Photo – screenshot YouTube

    He’s the GOAT. End of discussion. In 11 full seasons with the Chicago Bulls, MJ won five MVP titles, six Finals MVP trophies, and a total of six Championship rings. They are as iconic as the man himself – with the most coveted being his 1998 ring, as it marked the end of his time with the Bulls.

    Dickie Greenleaf’s rings

    The Talented Mr. RipleyThe Talented Mr. Ripley
    Miramax International

    Based on Patricia Highsmith’s 1955 novel, Anthony Minghella’s 1999 film The Talented Mr. Ripley remains the unbeatable adaptation. Sorry, Netflix’s Ripley, but them’s the facts. Central to the psychological thriller’s pull is Jude Law’s portrayal of Dickie Greenleaf, a trust fund kid who is as charismatic as he is nose-bleedingly arrogant. In Minghella’s version, the director takes direct inspiration from Highsmith’s novel by making Dickie wear two stunning rings. “A large rectangular green stone set in gold on the third finger of his right hand, and on the little finger of the other hand a signet ring, larger and more ornate than the signet Mr. Greenleaf had worn,” wrote Highsmith. Both are class and wealth signifiers – two things Tom Ripley craves above all – and in the film, the ring with the green gemstone is revealed to be a gift from Dickie’s girlfriend, Marge. It’s this ring that plays an important role in threatening Ripley’s plans and points the finger of blame in his direction.

    The Lord of the Rings’ One Ring

    The One RingThe One Ring
    New Line Cinema

    Of all the rings in literature and cinema, there’s little doubt that One Ring – also known as the Ruling Ring – is the most famous. Central to J. R. R. Tolkien’s books “The Hobbit”, the three “Lord of the Rings” books and Peter Jackson’s big screen adaptations, the magic golden ring has a place of honour in popular culture. Forged by the Dark Lord Sauron in the fires of Mount Doom to gain dominion over Middle-earth (and make you invisible), it is the most powerful of all the Rings of Power. And for the heathens among you, the Elvish verse on the ring reads: “One ring to rule them all, one ring to find them, one ring to bring them all, and in the darkness bind them.” Beyond the lore, it represents corruption, as the ring is ultimately a physical manifestation for the addiction to absolute power – which always leads even the best people towards evil.

    The D.S. ring in Lost

    Charlie's ring in LostCharlie’s ring in Lost
    ABC

    Charlie, played by Dominic Monaghan, wears the simple silver ring with the initials “D.S.” in the hit show Lost. Its significance runs deeper than just a rocker’s band. It is an heirloom in the Pace family, D.S. originally standing for Dexter Stratton – the grandfather of Megan Pace. It’s a ring that travelled through generations and eventually led Charlie and his brother Liam to name their band after it – Drive Shaft. Beyond the clear Oasis parallels, the ring was passed on to Charlie by Liam and ultimately, Charlie gave the ring to baby Aaron before his death – in one of the best and most heartbreaking scenes in the entire show.  Beyond the fact that Monaghan just can’t seem to get away from iconic rings, having also starred as Merry in The Lord of the Rings films, the D.S. ring is a symbol of brotherhood, triumph over addiction, and sacrifice. It holds emotional resonance and without it, the band wouldn’t have been named, they wouldn’t have found success, and Charlie may not have ended up on Oceanic Airlines Flight 815… Just a ring? Bah humbug!

    The Marvel rings

    Wakandan Royal Ring in Captain America: Civil WarWakandan Royal Ring in Captain America: Civil War
    Marvel – Disney

    Rings appear in both the Marvel comics and movies. There’s the clandestine criminal organisation The Ten Rings; the Mandarin’s ten cosmic rings; Doctor Strange’s two-finger mystical Sling Ring, which allows wizards to create inter-dimensional portals… And then there’s the gorgeous Wakandan Royal Ring in the Black Panther series. Made of silver, lacquer and the coveted Vibranium, the rings are worn by members of Wakandan royalty. In the films, they play symbolic roles linked to family betrayal, death and passing on the mantle of the Black Panther. And they’re damn pretty to boot.

    The DC rings

    Green Latern in Superman (2025)Green Latern in Superman (2025)
    Warner Bros. Pictures

    We did Marvel, so it’s only fair we balance the co(s)mic scales and turn our attention to DC. There are two main rings in the DC universe: The Flash’s ring, which allows Barry Allen to compress and hide his costume, and the all-important Green Lantern Rings. Also known as the Power Rings, these pieces of jewellery grant their wearers the power to do… well, anything. Depending on the skill and willpower of the wearer, of course. The Green Lantern Corps wear these rings – which have origins and a mythology which once again would be too knotty to untangle here. All you need to know is that in the DC world, the glowing green bands are considered to be the most powerful weapons around. And also obscene, considering some of the shapes Guy Gardner creates in this year’s Superman.

    Dune’s Atreides ring

    Dune’s Atreides ringDune’s Atreides ring
    Warner Bros. Pictures

    The large signet ring worn by the Duke of House Atreides features in the Frank Herbert space opera books and in Denis Villeneuve’s recent Dune films. It’s a chunky monkey passed on from generation to generation, serving to wax-stamp official documents with the Atreides Coat of Arms, reminding Paul of his dead father, and ultimately representing a tether to family. In many ways, it’s the metaphorical complement and counterpart to the One Ring. Paul wears it as a tribute to his dad; however, as he gets progressively power hungry once he accepts his role as the prophet Muad’Dib, the ring becomes a symbol of his eroding goodness and what he’s leaving behind. Herbert’s books – and by extension the films – are warnings about society’s documented and repeated tendency to surrender to charismatic leaders masquerading as “heroes”. The ring represents both facettes of this: the royal power passed through bloodlines that can lead to corruption and the quashing of others’ ways of life, but also the reminder of what Paul’s father, Duke Leto Atreides, tells his son in 2021’s Dune, referring to the ring he wears: “A great man doesn’t seek to lead, he’s called to it. And he answers. And if your answer ‘no’, you’ll still be the only thing I ever needed you to be – my son.”
    There we have it. Which rings did we miss and what in your opinion is the most iconic ring in pop culture?

  • Germany's Industrial Core Is Collapsing Under The US Trade Deal And The Green Agenda

    Germany's Industrial Core Is Collapsing Under The US Trade Deal And The Green Agenda

    Submitted by Thomas Kolbe

    The asymmetrical trade agreement between the EU and the US will further worsen Germany’s recession. Yet neither politicians nor corporate leaders show any willingness to make the sweeping policy changes needed to reverse course.

    Germany’s economic data leaves no room for illusions. After contracting by 0.9% in 2023 and another 0.5% last year, the decline will continue this year.

    The Machine Room Has Been Blown Apart

    It is precisely the sectors that have sustained German prosperity for decades—automobiles, construction, machinery—that are under the heaviest pressure. Without the artificial boost from state spending—now accounting for half of GDP—the private sector is set to shrink by 4–5% this year.

    Since 2018, total productivity has been in steady decline. This is also a social problem: Germany is importing hundreds of thousands of welfare migrants into its social systems, yet the economy would have to boom just to keep per capita prosperity from falling.

    A new survey by the German Chamber of Commerce and Industry (DIHK) confirms what was already obvious: the EU–US trade deal will especially hurt Germany’s export-oriented economy.

    According to the survey, 58% of companies expect additional burdens, rising to 74% for firms with direct US business. Only 5% expect any benefit.

    “This deal may have been politically necessary, but for many German companies it’s a bitter pill,” said DIHK CEO Helena Melnikov. “Higher tariffs, more bureaucracy, falling competitiveness”—that’s the price of the diplomatic truce between Washington and Brussels.

    As of Thursday, a general 15% tariff applies to exports to the US, hitting automotive and machinery manufacturers hardest. 89% of US-oriented firms report immediate disadvantages, 72% fear further tariff hikes, 80% worry about political arbitrariness in transatlantic trade, and more than half plan to scale back US operations.

    Business Was Already Weak

    In its May survey of over 21,000 companies, only 23% reported positive business expectations—down five points—while 30% expected deterioration. In industry, one in three anticipates fewer orders.

    Just 19% plan to increase investment, while about a third plan to cut back. High energy prices, labor shortages, and political uncertainty are seen as the main drags. The DIHK forecasts a 0.3% recession for 2025, but adjusting for state spending, the real decline is closer to 4–5%.

    Daily surveys confirm the same message: Germany is being deindustrialized, losing hundreds of thousands of core-sector jobs. The social security deficits already emerging are just the beginning. Yet both politics and business refuse to conduct an honest diagnosis.

    The Green Deal remains sacrosanct. Energy costs for German industry are up to three times higher than for US competitors, double that of French firms—pushing energy-intensive sectors out of the country.

    Dancing Around the Golden Calf

    Nobody dares openly challenge Brussels’ climate agenda. A rare exception came in June, when a group of works council representatives wrote an open letter to the Chancellor, naming the Green Deal as a root cause of decline.

    But most CEOs dodge the question. Mercedes-Benz chief Ola Källenius cites “weak demand, high production costs, and US tariff uncertainty” for falling margins—but ignores the Green Deal’s role. VW CEO Oliver Blume calls for lower energy prices and tax incentives for EVs—essentially more subsidies to keep the transition alive.

    Corporate leadership is now fused ideologically with the Green Deal. The energy transition has battered Germany’s industrial base: sectors like construction and automotive have been knocked completely off track.

    A Split Economy

    Events like the “Made for Germany” coffee chat between 61 CEOs and the Chancellor are symbolic of a corporatist mindset. Large corporations can adjust or relocate production to sidestep regulation, but small and medium-sized enterprises—the Mittelstand—are being crushed.

    The Green Deal’s bureaucratic weight ultimately clears the field for big corporations by eliminating smaller competitors.

    The Mittelstand has no political backing, and many are fighting daily for survival—often ending in bankruptcy. In H1 2025, insolvencies rose 9.4% year-on-year to 11,900 companies.

    There is still no sign of a policy shift on climate. The German corporate elite has failed to seize the initiative to force political change. Germany is heading for a hot autumn—economically and socially.

    * * *

    About the author: Thomas Kolbe, a German graduate economist, has worked for over 25 years as a journalist and media producer for clients from various industries and business associations. As a publicist, he focuses on economic processes and observes geopolitical events from the perspective of the capital markets. His publications follow a philosophy that focuses on the individual and their right to self-determination.

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