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New £7 billion tunnel will connect 2 European countries and break world record

The tunnel will become the world’s longest underground railway connection at 64km long when it opens

The Brenner Base Tunnel is presently being built to link Austria and Italy. This remarkable tunnel, destined to become the world’s longest, is due to open in 2032.

The railway tunnel will join the Austrian city of Innsbruck with Franzensfeste/Fortezza in Italy, connecting two nations across different time zones. Construction expenses are projected at 8.54billion euros (£7.4billion). The extraordinary BBT will stretch for 55km (34 miles) as a cutting-edge railway tunnel.

BBT explained: “In May 1994, a railway bypass was opened south of Innsbruck, known as the Inn valley tunnel. This 12.7 km tunnel links to the Brenner Base Tunnel.

“Passenger and freight trains along this stretch will therefore not only travel through the Brenner Base Tunnel, but for a few kilometres, through the Inn valley tunnel as well. This line, totalling 64 kilometres, will become the longest underground railway connection in the world.”

An unusual characteristic of the Brenner Base Tunnel is the “exploratory tunnel running from one end to the other”.

“This tunnel lies between the two main tunnels and about 12m below them and with a diameter of 5m is noticeably smaller than the main tubes.

“The excavations currently underway on the exploratory tunnel should provide information on the rock mass and thereby reduce construction costs and times to a minimum.

“The exploratory tunnel will be essential for drainage when the BBT becomes operational.”

Additional remarkable railway projects include the globe’s lengthiest train route, which links three nations spanning eight time zones.

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Spotify reports total fourth-quarter revenue topping $5.3 billion and a record growth in listeners

In a historic gain, Spotify saw a record increase of 38 million monthly active users at the end of 2025.

According to the streamer’s fourth-quarter earnings report released Tuesday, the Sweden-based company reported an 11% increase in monthly active users, bringing the total to 751 million. It’s the biggest net add in the company’s history. There was similarly a 10% increase in paid subscribers, rising to 290 million. Spotify’s total revenue also topped $5.3 billion, up 7%.

The company credits much of last quarter’s success to what it says was its biggest Wrapped campaign yet, which engaged 300 million users globally and had 630 million shares in 56 different languages. Spotify also expanded and enhanced tech features globally, like adding music videos and more access to audiobooks, for both premium and free subscribers.

“Today, what we’ve really built is a technology platform for audio — and increasingly, for all the ways creators connect with audiences. And this identity will matter even more going forward,” said Daniel Ek, Spotify’s founder and executive chairman, in a press release.

“The next wave of technology shifts — AI, new interfaces, wearables, new ways of interacting with content — these will reshape how people discover and experience audio and media. The hard problems ahead — in music, in podcasts, in books, in video, in live, and in things we haven’t built yet — we’re going to keep building the technology to solve them.”

The company’s operating income rose 47% to $834 million. At the end of the fourth quarter, there were 7,323 full-time employees globally.

Spotify’s ad-supported revenue was down 4%, with the company looking at a partial “offset by softness in pricing” for its music advertising. Its podcasts’ expansion was led mostly by sponsorships. But the revenue was similarly “offset by optimization of our podcasting inventory.”

Just in the last few months, Spotify has focused heavily on its podcasting services — in part by opening a new Hollywood studio, expanding creator monetization programs and premiering select video podcasts on Netflix in a new partnership.

On the music side, the streaming platform previously reported that it paid out more than $11 billion to the music industry last year. That sum was the “largest annual payment to music from any retailer in history,” according to Spotify.

When the music streaming business model was first introduced, there was controversy about how much artists would earn from streams. But the company said independent artists and labels accounted for half of all royalties.

Founded in 2006, the company maintains a large presence in L.A.’s Arts District. Over the last two decades, it has become the world’s most popular audio streaming subscription service. Beyond its music library, it now reports having more than 530,000 video podcasts and over 500,000 audiobooks in English-language markets.

Starting this month, Spotify also raised its prices for premium users to $12.99. For the first quarter of 2026, the company expects an increase of 8 million monthly active users, bringing its total closer to 759 million users and a smaller, 3-million bump in paying users. The company projects total revenue to stay consistent at around $5.3 billion.

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What does 303 billion barrels of Venezuelan oil look like? | US-Venezuela Tensions News

Oil becomes more meaningful when you turn it into fuel.

A barrel contains 159 litres of crude oil, or 42 gallons.

To use this oil, it must be refined. The refining process produces various products, including petrol, diesel, jet fuel and numerous household items, such as cleaning products, plastics and even lotions.

Once refined, a barrel typically produces about 73 litres, or 19.35 gallons, of petrol to power cars and trucks.

A pick-up truck that can drive 24 miles on 1 gallon of petrol, or 100km on 10 litres, can travel about 730km, or 450 miles, from one barrel of oil.

Put another way, one barrel of crude oil can fuel that pick-up on a trip from New York City to Cleveland, Ohio.

INTERACTIVE - Venezuela oil - How many Michigan stadiums could hold Venezuelas oil-1770023997
(Al Jazeera)

Now let’s scale that up to US national consumption. According to the US Energy Information Administration, the US has about 285 million motor vehicles and consumes nearly 9 million barrels of petrol every day.

If all of Venezuela’s crude oil were refined into petrol, it could supply US vehicles for roughly 40 years at today’s consumption rate.

INTERACTIVE - Venezuela oil - How long Venezuelas oil could fuel US cars-1770023993
(Al Jazeera)

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Trump to launch $12 billion rare earth mineral stockpile ‘Project Vault’

Feb. 2 (UPI) — President Donald Trump plans to launch a $12 billion stockpile of rare earth minerals to curb U.S. dependence on China.

The project is called Project Vault and it will be funded by a $10 billion loan from the U.S. Export-Import Bank and about $1.67 billion in private capital.

Trump’s plan seeks to procure and store rare-earth minerals that are critical to the automotive, defense, and tech industries. Minerals would be stored for use by U.S. manufacturers.

Some critical minerals that are of interest to tech companies and electric vehicle manufacturers include cobalt, lithium, titanium, silicon, nickel and graphite.

Rare earth minerals have been a focus of Trump’s during his second term. The White House said the United States was reliant on imports of minerals in 2024. Trump has since used mineral acquisition as a key point of international negotiations.

The president has also eyed Greenland for its mineral deposits. He recently alluded to invading Greenland and raising tariffs but walked back that rhetoric at the World Economic Forum last month.

Some companies that are expected to be involved in the Project Vault stockpile include General Motors, Stellantis, Boeing and Google.

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Spotify paid out a record $11 billion into the music industry in 2025

Last year, Spotify paid out more than $11 billion to the music industry, bringing the company’s total payouts since launch to nearly $70 billion.

The milestone year reflected the “largest annual payment to music from any retailer in history,” the company announced on Wednesday in a post. In 2025, Spotify’s payout amount grew by over 10%, making the Sweden-based streamer one of the industry’s main revenue drivers.

“Big, industry-wide numbers can feel abstract, but that growth is showing up in tangible ways,” wrote Charlie Hellman, the company’s new head of music. “Despite rampant misinformation about how streaming is working today, the reality is that this is an era full of more success stories and promise than at any point in history.”

When music streaming was first introduced, there was some controversy about how much artists earn from streams. According to Spotify, independent artists and labels accounted for half of all royalties. Additionally, the company said there are currently more artists earning over $100,000 a year from Spotify alone than were getting stocked on shelves at the height of the compact disc era.

Founded in 2006, the company, with a large presence in L.A.’s Arts District, has become the world’s most popular audio streaming subscription service. The platform offers access to over 100 million tracks, podcasts and audiobooks in over 180 markets.

At the top of the year, founder Daniel Ek moved from his CEO position to become executive chairman. Spotify named two co-CEOs, Gustav Söderström and Alex Norström, in his place.

This month, Spotify raised prices for its premium subscribers in the U.S., bringing the costto $12.99 per month. Hellman disclosed that as Spotify’s audience continues to grow, the higher prices are designed to help with the company’s ongoing expansion. According to the post, Spotify makes up roughly 30% of recorded music revenue and pays out two-thirds of all music revenue to the industry. The other third gets invested back into the company to maintain an “unrivaled listening experience.”

Recently, the streamer has been focused on growing its podcasting division by opening a new recording studio in Hollywood, premiering several shows in partnership with Netflix and expanding its creator monetization program.

Separately, Spotify said it is hoping to counter new developments in AI by reinforcing a human connection between artists and fans. This includes an emphasis on more artist-powered videos, continuing to promote artists’ live shows on the platform and expanding the role of the company’s music curators. The streamer also has plans to crack down on AI-driven artists on the platform.

“AI is being exploited by bad actors to flood streaming services with low-quality slop to game the system and attempt to divert royalties away from authentic artists,” said Hellman. “We’re going to introduce changes to the systems for artist verification, song credits, and protecting artist identity. It’s critical to ensuring listeners and rightsholders can trust who made the music they’re hearing.”

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NATO chief wishes ‘good luck’ to those who think Europe can defend itself without U.S. help

NATO Secretary-General Mark Rutte insisted on Monday that Europe is incapable of defending itself without U.S. military support and would have to more than double current military spending targets to be able to do so.

“If anyone thinks here … that the European Union or Europe as a whole can defend itself without the U.S., keep on dreaming. You can’t,” Rutte told EU lawmakers in Brussels. Europe and the United States “need each other,” he said.

Tensions are festering within NATO over President Trump’s renewed threats in recent weeks to annex Greenland, which is a semiautonomous territory of NATO ally Denmark.

Trump also said that he was slapping new tariffs on Greenland’s European backers, but later dropped his threats after a “framework” for a deal over the mineral-rich island was reached, with Rutte’s help. Few details of the agreement have emerged.

The 32-nation military organization is bound together by a mutual defense clause, Article 5 of NATO’s founding Washington treaty, which commits every country to come to the defense of an ally whose territory is under threat.

At NATO’s summit in The Hague in July, European allies — with the exception of Spain — plus Canada agreed to Trump’s demand that they invest the same percentage of their economic output on defense as the United States within a decade.

They pledged to spend 3.5% of gross domestic product on core defense, and a further 1.5% on security-related infrastructure – a total of 5% of GDP – by 2035.

“If you really want to go it alone,” Rutte said, “forget that you can ever get there with 5%. It will be 10%. You have to build up your own nuclear capability. That costs billions and billions of euros.”

France has led calls for Europe to build its “strategic autonomy,” and support for its stance has grown since the Trump administration warned last year that its security priorities lie elsewhere and that the Europeans would have to fend for themselves.

Rutte told the lawmakers that without the United States, Europe “would lose the ultimate guarantor of our freedom, which is the U.S. nuclear umbrella. So, hey, good luck!”

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