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Thanksgiving Day Across the World

Thanksgiving Day is celebrated across the world and for each country, it has its own tale and tradition around food and days.

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Happy Thanksgiving Day, Wikimedia Commons
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Thanksgiving Day. The name stands for itself as the day to give thanks and is celebrated as a national holiday in many countries like United States of America, Canada, Netherlands, Philippines, Grenada, Liberia while similarly named festival exists in Germany, Japan, and United Kingdom.
Thanksgiving holiday remains a day to give thanks at the close of the harvest season.

America
The official date for the American Thanksgiving that exists today was set by President Roosevelt to be on the fourth Thursday in November instead of the last Thursday in November as decided by President Lincoln as thanksgiving date.
But their thanksgiving is surrounded by a debate over the nation’s first celebrations and the two places embroiled in this debate are New England and Virginia as both the places provide certain proofs of being the spot for nation’s first celebrations for Thanksgiving.

Canada
Canadian Thanksgiving tradition is celebrated in the true spirit of giving thanks at the close of the harvest season. It is believed that due to the geographical differences from the USA, Canada’s Thanksgiving arrives on the second Monday in October as that is the close of their harvest season.

But in countries like Liberia, Netherlands, and Grenada, it is not just a day to give thanks at the close of the harvest season.

Liberia
In Liberia, Thanksgiving holiday is celebrated to mark the freedom from black slavery by the U.S.A. The Thanksgiving day’s date remains on the first Thursday of November and has been a tradition since 1820.

Netherlands
Netherlands celebrate thanksgiving to mark to commemorate the Pilgrims who had migrated and became residents of the city of Leiden and died at Pieterskerk. To commemorate the hospitality, the thanksgiving, a non-denominational Thanksgiving Day is celebrated as the same as American Thanksgiving Day’s morning.

But there are some countries like the Philippines where the tradition of Thanksgiving only arrived with the Americans due to it being an American colony in the early 20th century but the tradition of Thanksgiving there had seemed to die down.

Food:
The American Thanksgiving seems to dominate the Thanksgiving menu when it comes to this holiday. Their famous turkey, stuffing, cranberry sauce, gravy, pies, mashed potatoes, and yams are signature dishes related to this day.

Black Friday:
Not only food, American Thanksgiving has also made Black Friday, an informal day following the Thanksgiving Day to mark the beginning of their country’s Christmas season sales and it has been in the history books since 1952 such that it has become a tradition of its own now.

Thanksgiving Day remains an occasion for many families to get back together and celebrate this holiday in the spirit of one while giving the rise to the excitement of upcoming Christmas also which remains barely a month away from Thanksgiving day.

Samridhi Nain is a student of Philosophy (Hons.) from University of Delhi.

 

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Saudi Arabia’s Sovereign Fund Invested $1 Billion In An American Electric Car Manufacturer

Saudi Arabia's 33-year-old Crown Prince Mohammed bin Salman has talked about using the PIF to help diversify the economy of the kingdom.

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Derek Jenkins, VP of Design at Lucid Motors, introduces the alpha prototype of the Lucid Air at the 2017 New York International Auto Show in New York City. VOA

Saudi Arabia’s sovereign wealth fund invested $1 billion Monday in an American electric car manufacturer just weeks after Tesla CEO Elon Musk earlier claimed the kingdom would help his own firm go private.

Tesla stock dropped Monday on reaction to the news, the same day that the Saudi fund announced it had taken its first loan, an $11 billion borrowing from global banks as it tries to expand its investments.

The Saudi Public Investment Fund said it would invest the $1 billion in Newark, California-based Lucid Motors.

Lucid Motors
Lucid Motors. Flickr

The investment “will provide the necessary funding to commercially launch Lucid’s first electric vehicle, the Lucid Air, in 2020,” the sovereign wealth fund said in a statement. “The company plans to use the funding to complete engineering development and testing of the Lucid Air, construct its factory in Arizona, enter production for the Lucid Air to begin the global rollout of the company’s retail strategy starting in North America.”

Lucid issued a statement quoting Peter Rawlinson, its chief technology officer, welcoming the investment.

“At Lucid, we will demonstrate the full potential of the electric-connected vehicle in order to push the industry forward,” he said.

The decision comes after Musk on Aug. 7 tweeted that he had “funding secured” to take Tesla private. Investors pushed Tesla’s shares up 11 percent in a day, boosting its valuation by $6 billion.

Lucid Motors
Electric Car

There are multiple reports that the U.S. Securities and Exchange Commission is investigating the disclosure, including asking board members what they knew about Musk’s plans. Experts say regulators likely are investigating if Musk was truthful in the tweet about having the financing set for the deal. Musk later said the Saudi Public Investment Fund would be investing in the firm, something Saudi officials never comment on.

Meanwhile Monday, the sovereign wealth fund known by the acronym PIF said it had taken its first loan, an $11 billion borrowing. It did not say how it would use the money, only describing it as going toward “general corporate purposes.”

Also Read: Electric Cars: The Newest Trend in India

The Las Vegas-based Sovereign Wealth Fund Institute estimates the Saudi fund has holdings of $250 billion. Those include a $3.5 billion stake in the ride-sharing app Uber.

Saudi Arabia’s 33-year-old Crown Prince Mohammed bin Salman has talked about using the PIF to help diversify the economy of the kingdom, which relies almost entirely on money made from its oil sales. (VOA)