Rivian Slashes 2026 Capex, Cuts Forecast
Rivian Automotive Inc. announced on July 31, 2026 a reduction in its 2026 capital‑expenditure program while modestly narrowing its projected loss for the current year.
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Xi Jinping launched a massive anti-corruption campaign in 2013
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Resolution: The purge resulted in the consolidation of power and wealth among Putin's allies, but also led to economic instability
President Park Geun-hye was impeached in 2017 due to corruption charges
Resolution: The scandal led to a new era of transparency and accountability in South Korean politics, with increased scrutiny of corporate and government dealings
Rivian Automotive Inc. announced on July 31, 2026 a reduction in its 2026 capital‑expenditure program while modestly narrowing its projected loss for the current year.
A United Nations fact‑finding mission released a report on 17 September 2026 asserting it has “reasonable grounds to believe the US was behind two military strikes on a school” in Iran, marking the first formal allegation of U. S.
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The Ministry of Education announced an expedited visa track on July 15, 2026, reducing processing time from eight weeks to two, aimed at capitalizing on Seoul’s burgeoning reputation as a cultural hub akin to Paris for abroad‑studying youth. Data from the OECD shows a 27% rise in Korean university applications from overseas students between 2022 and 2025, driven by low tuition, digital infrastructure, and vibrant urban life.