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REP. Cori Bush Says $14 Trillion Reparations Bill will ‘Eliminate the Racial Wealth Gap’
Global News
Google’s $5 Billion Privacy Settlement
Global News
What Elon Musk Gets Right About Anti-Asian Bias in Elite College Admissions
Global News
Elon Musk Defends TIKTOK Against U.S. BAN
Global News
Trump Says a TIKTOK BAN Would Empower META, Slams FACEBOOK as the “Enemy of the People”
Global News
Will DNA Replace Computer Storage Systems?
Global News
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U.S. Debt: $35,963,976,342,723 USD
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U.S. Debt: $35,963,976,342,723 USD
Gold: loding... USD
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U.S. Debt: 34,558,286,201,504 USD
Trump safe after being targeted in second apparent assassination attempt
Politics
Trump safe after being targeted in second apparent assassination attempt
Below excerpt and title of this post reported by Holmes, K., et al. (2024, September 16). Trump safe after being targeted in second apparent assassination attempt. CNN Politics
‘The FBI is investigating what it said is an apparent assassination attempt on Donald Trump at his Florida golf club Sunday, the second time in two months there’s been an apparent attempt on the former president’s life.’
‘Trump is safe and was not harmed in the incident, his campaign said. Palm Beach County Sheriff Ric Bradshaw said during a Sunday news conference that his office was informed at 1:30 p.m. ET of shots fired by the Secret Service, when agents fired at a man who had a rifle in the bushes along the perimeter of the Trump International Golf Club.’
Read on INFYNIT Social
Huawei’s Mate XT Gains 3 Million Pre-Orders Before IPhone 16 Launch
Technology
Huawei’s Mate XT Gains 3 Million Pre-Orders Before IPhone 16 Launch
Below excerpt and title of this post reported by Finimize Newsroom. (2024, September 9). Huawei’s Mate XT Gains 3 Million Pre-Orders Before IPhone 16 Launch. Finimize
‘Huawei has racked up over 3 million pre-orders for its triple-folding Mate XT smartphone just hours before Apple’s big reveal of the iPhone 16.’
‘Huawei’s Mate XT, featuring a Z-shaped tri-fold design, is set to be unveiled at a launch event on Tuesday. Customers who pre-ordered will learn how to purchase the device on the day without needing to make a down payment. This strong pre-order response showcases Huawei’s resilience against US sanctions and its ongoing rivalry with Apple. Meanwhile, Apple is expected to counter with the iPhone 16 lineup, boasting advanced AI capabilities. Despite cutting prices earlier this year to maintain its market share, Apple still faces intense competition from Huawei, which led China’s foldable phone market in Q2 with a 42% share.’
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New Apple phone, same old look? Internet can’t stop comparing iPhone 16 to older models, flooded with hilarious memes
Technology
New Apple phone, same old look? Internet can't stop comparing iPhone 16 to older models, flooded with hilarious memes
Below excerpt and title of this post reported by Choudhary. G. (2024, September 10). New Apple phone, same old look? Internet can’t stop comparing iPhone 16 to older models, flooded with hilarious memes. Mint
‘Apple’s iPhone 16 launch sparked internet humor, with memes mocking its similarities to past models, particularly the viral Spiderman pointing meme. Despite AI features, and improved battery life, many believe the design feels unchanged. Social media remains abuzz with lighthearted jabs.’
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Saudi Arabia is moving away from the US dollar in the oil trade as it looks at alternative markets.
Finance
Saudi Arabia is moving away from the US dollar in the oil trade as it looks at alternative markets.
Below excerpt and title of this post reported by Dsouza. V. (2024, June 20). BRICS: Japan Dumps $63 Billion Worth U.S. Bonds. Watcher Guru
‘After BRICS, Japan is now dumping U.S. bonds and mitigating the losses it incurred from adverse interest rate bets. The latest data shows Japan has offloaded $63 billion worth of U.S. and European sovereign bonds by March 2024. The U.S. bonds sale represents nearly one-sixth of the Central Bank of Japan’s portfolio.’
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Dollar Falls, Japanese Yen Near Lowest Level in Decades
Finance
Dollar Falls, Japanese Yen Near Lowest Level in Decades
Below excerpt and title of this post reported by Qatar News Agency (2024, June 27). [Dollar Falls, Japanese Yen Near Lowest Level in Decades. Qatar News Agency
‘Singapore, June 27 (QNA) – The dollar pared Thursday some of its gains from the previous session as US Treasury yields eased a touch, though it held near an eight-week high against a basket of currencies.’
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BRICS: Japan Dumps $63 Billion Worth U.S. Bonds
BRICS vs. G7 / Finance
BRICS: Japan Dumps $63 Billion Worth U.S. Bonds
Below excerpt and title of this post reported by Dsouza. V. (2024, June 20). BRICS: Japan Dumps $63 Billion Worth U.S. Bonds. Watcher Guru
‘After BRICS, Japan is now dumping U.S. bonds and mitigating the losses it incurred from adverse interest rate bets. The latest data shows Japan has offloaded $63 billion worth of U.S. and European sovereign bonds by March 2024. The U.S. bonds sale represents nearly one-sixth of the Central Bank of Japan’s portfolio.’
Read on INFYNIT Social
House Passes Bill To Automatically Register Young Men for the Draft
Military
House Passes Bill To Automatically Register Young Men for the Draft
Below excerpt and title of this post reported by C.J. Ciaramella (2024, June 15). House Passes Bill To Automatically Register Young Men for the Draft. reason
‘The House passed a large defense bill Friday evening that included a provision that would automatically enroll young men between the ages of 18 and 26* for the Selective Service.’
‘The House’s version of the National Defense Authorization Act (NDAA), which would authorize $895 billion in military spending, passed by a vote of 217–199. It’s unlikely to be picked up by the Democrat-controlled Senate because of numerous amendments regarding abortion, diversity efforts, and transgender medical treatments. The Selective Service provision, though, is part of an enduring bipartisan effort to keep the framework for military conscription in place, even though the draft ended in 1975.’
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Living brain-cell biocomputers are now training on dopamine
Technology
Living brain-cell biocomputers are now training on dopamine
Below excerpt and title of this post reported by Blain. L. (2024, May 28). Living brain-cell biocomputers are now training on dopamine. New Atlas
‘Current AI training methods burn colossal amounts of energy to learn, but the human brain sips just 20 W. Swiss startup FinalSpark is now selling access to cyborg biocomputers, running up to four living human brain organoids wired into silicon chips.’
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Mattioli exposes Amazon’s aggressive, anti-competitive tactics in new book
Others
Mattioli exposes Amazon's aggressive, anti-competitive tactics in new book
Below excerpt and title of this post reported by Harris. E. (2024, May 02). Mattioli exposes Amazon’s aggressive, anti-competitive tactics in new book. The National Press Club
‘Amazon’s tactics can be devastating for businesses, Mattioli said during the Club event. She explained that firms willingly share their top-level insights with Amazon, only to be taken advantage of.’
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China now has more Engineers then the World combined
Technology
China now has more Engineers then the World combined
Below excerpt reported by Goldman. D. (2024, January 19). Insulating Ourselves From Chinese Tech and Talent Will Stifle American Industry | Opinion. Newsweek
‘China now graduates more engineers and computer scientists than the rest of the world combined, and it’s hard to conduct AI research without Chinese researchers. Trickiest of all is that China—in sharp contrast to the United States—steers its top computer science graduates toward its military industry.’
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FlowBank Enters Bankruptcy Proceedings Following FINMA Decision
Financial
FlowBank Enters Bankruptcy Proceedings Following FINMA Decision
Below excerpt reported by Sikder. T. (2024, June 13). FlowBank Enters Bankruptcy Proceedings Following FINMA Decision. Finance Magnets
‘FlowBank SA, a Geneva-based online brokerage and trading bank, has entered bankruptcy proceedings as mandated by the Swiss Financial Market Supervisory Authority (FINMA). Effective from 13 June 2024 at 8:00 a.m., FINMA revoked FlowBank SA’s licenses as a bank and securities dealer, prompting an immediate cessation of all commercial activities.’
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Why are Russian warships in Cuba?
Others
Why are Russian warships in Cuba?
Below excerpt reported by Al Jazeera. (2024, June 13). Why are Russian warships in Cuba?. Al Jazeera
‘Russian warships sailed into Cuba’s main harbour in what appears to be a show of strength by Moscow amid heightened tensions with the US.’
‘On Wednesday, dozens of Havana residents gathered and watched as Russian warships sailed into Cuba’s main harbour – in the latest display of naval strength by Moscow amid heightened tensions with the United States.’
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Why Turkey wants to join Brics
BRICS
Why Turkey wants to join Brics
Below excerpt and title of this post reported by Soylu. R. (2024, June 8). Why Turkey wants to join Brics. Middle East Eye
‘Turkish officials and experts say Ankara aims to complement its relations with the west by joining other economic and political platforms’
‘Turkey has made a strategic move to join the Brics economic bloc earlier this year, three Turkish officials with knowledge of the matter told Middle East Eye.’
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Donald Trump Promises To Protect the Future of Bitcoin and Crypto in the United States, Says He Supports Right to Self-Custody
Cryptocurrency / Political
Donald Trump Promises To Protect the Future of Bitcoin and Crypto in the United States, Says He Supports Right to Self-Custody
Below excerpt and title of this post reported by Rokhy. M. (2024, May 27). Donald Trump Promises To Protect the Future of Bitcoin and Crypto in the United States, Says He Supports Right to Self-Custody. The Daily Hodl
‘Former President Donald Trump is continuing to express his support for the crypto industry, saying that he will protect the right of 50 million Americans to self-custody digital assets.’
‘Speaking to his supporters in Washington D.C., the 2024 Republican candidate says that he’s going to “crush” the Biden Administration’s anti-crypto stance.’
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Only 43 of more than 8,000 discharged from US military for refusing Covid vaccine have rejoined
Political
Only 43 of more than 8,000 discharged from US military for refusing Covid vaccine have rejoined
Below excerpt and title of this post reported by Liebermann. O. (2023, October 2). Only 43 of more than 8,000 discharged from US military for refusing Covid vaccine have rejoined. CNN
‘Only 43 of the more than 8,000 US service members who were discharged from the military for refusing to be vaccinated against Covid-19 have sought to rejoin eight months after the vaccine mandate was officially repealed, according to data provided by the military branches.’
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Bitcoin to reach $150,000 if Trump wins presidency, according to Standard Chartered
Cryptocurrency / Political
Bitcoin to reach $150,000 if Trump wins presidency, according to Standard Chartered
Below excerpt and title of this post reported by Macheel. T. (2024, June 6). Bitcoin to reach $150,000 if Trump wins presidency, according to Standard Chartered. CNBC
‘The U.S. presidential election has emerged as the next key catalyst for the price of bitcoin — potentially pushing it to $150,000 by the end of the year, according to Standard Chartered.
After the launch of U.S. bitcoin exchange-traded funds at the beginning of the year, crypto has become an issue of growing and bipartisan interest in Washington. The U.S. historically has held a predominantly anti-crypto stance, but lawmakers more recently have been raising questions about how long that can or should continue.’
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Saudi Arabia’s (US) petro-dollar exit: A global finance paradigm shift
Financial / BRICS vs. G7
Saudi Arabia's (US) petro-dollar exit: A global finance paradigm shift
Below excerpt and title of this post reported by Hamilton. K. (2024, June 10). Saudi Arabia’s petro-dollar exit: A global finance paradigm shift. Biz Community
‘The lapsed security agreement – signed by the United States and Saudi Arabia on 8 June 1974 – establishes two joint commissions, one on economic co-operation and the other on Saudi Arabia’s military needs, and was said to have heralded an era of increasingly close co-operation between the two countries.’
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World’s 1st ‘tooth regrowth medicine’ to be tested in Japan from Sept. 2024
Health
World's 1st 'tooth regrowth medicine' to be tested in Japan from Sept. 2024
Below excerpt and title of this post reported by Tsuyuki. Y. / Osaka Science & Environment News Department (2024, May 3). World’s 1st ‘tooth regrowth medicine’ to be tested in Japan from Sept. 2024. The Mainichi
‘Clinical trials of the world’s first “tooth regrowth medicine” are set to commence in September at Kyoto University Hospital, researchers announced here on May 2.’
‘Once the medicine’s safety is confirmed, it will be given to patients congenitally lacking a full set of teeth to confirm its effectiveness. The researchers hope to commence sale of the medicine in 2030.’
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Calls For Hong Kong Dollar to Switch from US pegging to Chinese Yuan. “Why Hong Kong must ditch the US dollar peg and switch to the yuan now” – Reported by Andy Xie
Financial
Calls For Hong Kong Dollar to Switch from US pegging to Chinese Yuan. “Why Hong Kong must ditch the US dollar peg and switch to the yuan now” - Reported by Andy Xie
Below excerpt reported by Xie. A. (2023, May 30). Why Hong Kong must ditch the US dollar peg and switch to the yuan now. South China Morning Post
‘Hong Kong risks being increasingly led by US monetary policy, which could see property prices and the economy come crashing down’
‘Switching to the yuan would mean stability and a unique chance to ride the currency’s rise before it becomes fully convertible’
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China,Beijing offloaded a total of $53.3 billion of (US) Treasuries and agency bonds combined in the first quarter
Financial
China,Beijing offloaded a total of $53.3 billion of (US) Treasuries and agency bonds combined in the first quarter
Below excerpt reported by Kondo. M. and Ouyang. I. / Bloomberg (2024, May 16). China Sells Record Sum of US Debt Amid Signs of Diversification. Yahoo Finance
‘China sold a record amount of Treasury and US agency bonds in the first quarter, highlighting the Asian nation’s move to diversify away from American assets as trade tensions persist.’
‘Beijing offloaded a total of $53.3 billion of Treasuries and agency bonds combined in the first quarter, according to calculations based on the latest data from the US Department of the Treasury. Belgium, often seen as a custodian of China’s holdings, disposed of $22 billion of Treasuries during the period.’
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Can Donald Trump Get a Mistrial After Judge Merchan Letter?
Political
Can Donald Trump Get a Mistrial After Judge Merchan Letter?
Below excerpt and title of this post reported by Dobkin. R. (2024, June 8). Can Donald Trump Get a Mistrial After Judge Merchan Letter?. News Week
‘In a letter on Friday, Judge Juan Merchan, who oversaw Trump’s trial, informed the prosecution and defense that a comment was left on the New York State Unified Court System’s Facebook page by a user claiming to be a juror’s cousin. The commenter said that their relative “says Trump is getting convicted,” adding, “Thank you folks for all your hard work!!!!”‘
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Chinese Software and IT Revenue Doubles as China seeks Self Reliance from the US.
Technology
Chinese Software and IT Revenue Doubles as China seeks Self Reliance from the US.
Below excerpt reported by TV BRICS. (2024, June 8). China’s software and IT services industry revenue doubles in January-April 2024. TV BRICS
‘Chinese software and information technology services manufacturers reported double-digit year-on-year growth in revenue and profits.’
‘The sector’s total net profit in January-April rose 14.3 per cent year-on-year to 431.4 billion yuan (US$59,59), while total revenue increased by 11.6 per cent to 3.8 trillion yuan (US$524,6 billion). This is reported by Xinhua News Agency, a partner of TV BRICS.’
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Saudi Arabia joins BIS- and China-led central bank digital currency project
Financial / Global Trade
Saudi Arabia joins BIS- and China-led central bank digital currency project
Below excerpt and title of this post reported by Jones. M. (2024, June 5). Saudi Arabia joins BIS- and China-led central bank digital currency project. Reuters
‘Saudi Arabia has joined a China-dominated central bank digital currency cross-border trial, in what could be another step towards less of the world’s oil trade being done in U.S. dollars.’
‘The move, announced by the Bank for International Settlements on Wednesday, will see Saudi’s central bank become a “full participant” of Project mBridge, a collaboration launched in 2021 between the central banks of China, Hong Kong, Thailand and the United Arab Emirates.’
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China and Saudi Arabia open new direct flight between cities
Tourism
China and Saudi Arabia open new direct flight between cities
Below excerpt and title of this post reported by TV BRICS. (2024, June 5). China and Saudi Arabia open new direct flight between cities. TV BRICS
‘A new passenger air route opens a direct connection between the Chinese city of Shenzhen and Riyadh, the capital of Saudi Arabia.’
‘The first flight carried more than 200 passengers, mainly for business, service and leisure travel, with a load factor of more than 80 per cent.’
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The Asian Games: larger than the Olympics and with an array of regional and global sports
Sports
The Asian Games: larger than the Olympics and with an array of regional and global sports
Below excerpt and title of this post reported by Wade. S. (2023, September 21). The Asian Games: larger than the Olympics and with an array of regional and global sports. AP News
‘The Asian Games are an attention grabber. For starters, they involve more participants than the Summer Olympics. Organizers say more than 12,000 will be entered when the opening ceremony takes place Saturday in the eastern Chinese city of Hangzhou. This is more than the 10,500 expected for next year’s Paris Olympics.’
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93 Nations confirmed for BRICS 2024 “Athletic Games” an alternative to the Olympic Games. The Winter Olympics had 90 Nations attend and the last Olympics 204 Nations attended.
Sports / BRICS
93 Nations confirmed for BRICS 2024 “Athletic Games” an alternative to the Olympic Games. The Winter Olympics had 90 Nations attend and the last Olympics 204 Nations attended.
Below excerpt reported by TASS (2024, June 6). Over 90 nations confirm their participation in 2024 BRICS Games in Russia, says minister. TASS
‘As of today, 93 countries have already confirmed their participation in the 2024 BRICS Games, which are scheduled to kick off in Russia’s Kazan next week, Russian Sports Minister Mikhail Degtyarev said on Thursday.’
‘Ninety-three countries have confirmed their participation and over 1,000 athletes will arrive in Kazan,” Degtyarev said speaking at the ‘BRICS – New Opportunities for Multipolar Sports Development’ session, held at the 2024 Saint Petersburg International Economic Forum (SPIEF).’
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China debuts world’s first AI hospital where robot doctors will be ‘able to treat 3,000 patients daily’
Technology / Health
China debuts world's first AI hospital where robot doctors will be ‘able to treat 3,000 patients daily’
Below excerpt and title of this post reported by Wade. P. (2024, May 31). China debuts world’s first AI hospital where robot doctors will be ‘able to treat 3,000 patients daily’. Unlad Tech
‘Chinese researchers are forging ahead into the unknown where artificial intelligence (AI) and healthcare are concerned, unveiling an impressive new all-AI hospital that isn’t quite what it seems.’
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49% Growth: Huawei HiSilicon’s Kirin SoCs Surpasses Google in Revenue in Q1Y24
Technology
49% Growth: Huawei HiSilicon’s Kirin SoCs Surpasses Google in Revenue in Q1Y24
Below excerpt and title of this post reported by Editorial Team. (2024, May 28). 49% Growth: Huawei HiSilicon’s Kirin SoCs Surpasses Google in Revenue in Q1Y24. Techo Vedas
”Huawei’s HiSilicon’s division, known for its Kirin chipsets, is showing notable signs of recovery in the competitive smartphone chipset market.’
‘According to data from Canalys, HiSilicon shipped 8 million Kirin units in the first quarter (Q1) of 2024, generating a substantial $6 billion in revenue.’
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Japan’s former Minister for Internal Affairs, Kazuhiro Haraguchi, has issued a public apology to the unvaccinated population.
Health
Japan's former Minister for Internal Affairs, Kazuhiro Haraguchi, has issued a public apology to the unvaccinated population.
Source: Sean Adl-Tabatabai (2024, May 31). Japanese Leader Apologizes to the Unvaccinated: ‘You Were Right, Vaccines Are Killing Millions of Our Loved Ones. The People’s Voice
Source: nakahararei [@nakahararei7] (2024, June 4). Japanese Hold Massive Protest Against WHO and COVID Vaccines On May 31
In a significant development from Japan, former Minister for Internal Affairs, Kazuhiro Haraguchi, has issued a public apology to the unvaccinated population. During a recent protest in Tokyo, which drew tens of thousands of participants, Haraguchi addressed the severe consequences linked to the COVID-19 vaccine roll-out, acknowledging the grief and loss experienced by families of the vaccinated.
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Trump Rakes in $141 Million in May, Aided by Guilty Verdict
Political
Trump Rakes in $141 Million in May, Aided by Guilty Verdict
Below excerpt and title of this post reported by Lai. S. & Lowenkron. H. / Bloomberg News (2024, June 3). Trump Rakes in $141 Million in May, Aided by Guilty Verdict. BNN Bloomberg
‘Donald Trump and the Republican National Committee raised $141 million in May, according to his campaign, a fundraising total boosted by a surge in contributions after a New York jury found him guilty in a criminal trial involving hush-money charges.’
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Putin decree outlines Russian response to any US seizure of frozen assets
Financial
Putin decree outlines Russian response to any US seizure of frozen assets
Below excerpt and title of this post reported by Marrow. A. / Reuters (2024, May 23). Putin decree outlines Russian response to any US seizure of frozen assets. Reuters
‘Russia will identify U.S. property, including securities, that could be used as compensation for losses sustained as a result of any seizure of frozen Russian assets in the United States, according to a decree signed by President Vladimir Putin on Thursday.’
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Rejuvenation Olympics Epigenetic Leaderboard
Health
Rejuvenation Olympics Epigenetic Leaderboard
Source and title of this post from The Rejuvenation Olympics
The Rejuvenation Olympics – Where You Win By Never Crossing The Finish Line
Top 20 largest age reversals out of 1750 people validated by phenotypically trained epigenetic methylation algorithms
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$517,000,000,000 in Unrealized Losses Hit US Banking System, FDIC Says 63 Lenders on Brink of Insolvency
Financial
$517,000,000,000 in Unrealized Losses Hit US Banking System, FDIC Says 63 Lenders on Brink of Insolvency
Below excerpt and title of this post reported by Kanapi. H. (2024, June 2). $517,000,000,000 in Unrealized Losses Hit US Banking System, FDIC Says 63 Lenders on Brink of Insolvency. The Daily Hodl
‘Unrealized losses in the US banking system are once again on the rise, according to new numbers from the Federal Deposit Insurance Corporation (FDIC).’
‘In its Quarterly Banking Profile report, the FDIC says banks are now saddled with more than half a trillion dollars in paper losses on their balance sheets, due largely to exposure to the residential real estate market.’
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The future of AI hardware: Scientists unveil all-analog photoelectronic chip
Technology
The future of AI hardware: Scientists unveil all-analog photoelectronic chip
Below excerpt and title of this post reported by Gururaj. T. & Xplore. T. (2023, November 1). The future of AI hardware: Scientists unveil all-analog photoelectronic chip. Tech Xplore
‘Researchers from Tsinghua University, China, have developed an all-analog photoelectronic chip that combines optical and electronic computing to achieve ultrafast and highly energy-efficient computer vision processing, surpassing digital processors.’
‘Computer vision is an ever-evolving field of artificial intelligence focused on enabling machines to interpret and understand visual information from the world, similar to how humans perceive and process images and videos.’
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Trump campaign doubles previous one-day record fundraising haul after guilty verdict
Political
Trump campaign doubles previous one-day record fundraising haul after guilty verdict
Below excerpt and title of this post reported by Anderson. Z. & Mansfield. E. (2024, May 31). Trump campaign doubles previous one-day record fundraising haul after guilty verdict. USA Today
‘Former President Donald Trump’s campaign says it raised a whopping $34.8 million in small dollar donations after he was convicted Thursday on 34 felony counts in Manhattan.’
‘The campaign said the Thursday haul was “the biggest day ever recorded” for Trump’s vaunted small-dollar fundraising operation on the WinRed platform, nearly doubling the previous high. The WinRed website temporarily crashed from the overwhelming traffic.’
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America has gone ‘over a cliff’ with Trump’s conviction, Judge Jeanine says: ‘All smoke and mirrors’
Political
America has gone 'over a cliff' with Trump's conviction, Judge Jeanine says: 'All smoke and mirrors'
Below excerpt and title of this post reported by Halon. Y. / Fox News (2024, May 31). America has gone ‘over a cliff’ with Trump’s conviction, Judge Jeanine says: ‘All smoke and mirrors’. Yahoo News!
‘”I want to believe that Americans believe in justice, and I think that in their gut, they realized that there is something that is very wrong here. We have gone over a cliff in America,” Pirro said on-air, moments after the jury found Trump guilty of falsifying business records on all counts, concluding his historic and unprecedented criminal trial. Trump pleaded not guilty to all counts.’
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Hong Kong Dollar to Replace US Dollar Stable Coins on World-Leading Exchange.
Cryptocurrency
Hong Kong Dollar to Replace US Dollar Stable Coins on World-Leading Exchange.
Source reported by OKX. (2024, May 20). OKX HK to delist stablecoin and crypto trading pairs and introduce HKD pairs soon. OKX
Will HKD become the worlds leading currency for digital innovation?
The Hong Kong Dollar (HKD) will replace US Dollar (USD) stable coins on a world-leading exchange that handles approximately $2 trillion in volume every week and has around 50 million global users. Consequently, US stable coins will be delisted from this exchange.
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US Exodus Continues as Crypto Exchanges register and receive licenses to operate in the UAE. Here is the list.
Cryptocurrency
US Exodus Continues as Crypto Exchanges register and receive licenses to operate in the UAE. Here is the list.
Below excerpt reported by Nnabuenyi Jr. C. (2024, February 4). Top crypto exchanges registered in UAE. Crypto TV Plus
‘The cryptocurrency market in the UAE has shown resilience amid global market turmoil, with the country maintaining over $34.8 billion in crypto transactions between July 2022 and June 2023.’
‘This represents a 17% drop compared to the same period last year, but it is still higher than other countries in the Middle East, such as Qatar (down 26%), Oman (down 49%), Jordan (down 55%), and Lebanon (down 96%).’
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House Bill Bans Federal Reserve from Issuing CBDCs.
Cryptocurrency / Financial
House Bill Bans Federal Reserve from Issuing CBDCs.
Below excerpt and title of this post reported by Clark. M. (2024, May). House Bill Bans Federal Reserve from Issuing CBDCs. Valuetainment.com
‘The House of Representatives passed HR 5403 on Thursday to prohibit the US Federal Reserve from using central bank digital currencies (CBDCs).’
‘The bill, titled the “CBDC Anti-Surveillance State Act,” would amend the Federal Reserve Act to restrain the central bank’s ability to use CDBCs and offer any related products or services to individuals.’
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US Tariff List Against Chinese Exports
Global Trade
US Tariff List Against Chinese Exports
Below excerpt reported by Nulimaimaiti. M. (2024, May 17). Explainer | What are the 14 Chinese items on the US tariff list, and how important are they to China’s exports?. South China Morning Post
‘US announced plans on Tuesday to increase tariffs on 14 categories of products from China under Section 301 of the Trade Act of 1974, covering US$18 billion in imports’ ‘The White House said the moves were in response to China’s ‘unfair trade practices and to counteract the resulting harms’’
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Tether, USDC and DAI transaction volume surpasses Visa’s 2023 monthly average: Nansen
Cryptocurrency
Tether, USDC and DAI transaction volume surpasses Visa's 2023 monthly average: Nansen
Below excerpt and title of this post reported by McGleenon. B. (2024, April 29). Tether, USDC and DAI transaction volume surpasses Visa’s 2023 monthly average: Nansen. The Blocks
‘Crypto’s three largest stablecoins — Tether USDT -0.069%, USDC and DAI — have seen higher volumes in the past 30 days than Visa’s average monthly total from last year, according to onchain specialist Nansen.’
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56-Year-Old Man Who Lived Underwater In Atlantic Ocean For 100 Days Becomes Younger By 10 Years
Health
56-Year-Old Man Who Lived Underwater In Atlantic Ocean For 100 Days Becomes Younger By 10 Years
Below excerpt and title of this post reported by IT News Desk. (2024, May 21). 56-Year-Old Man Who Lived Underwater In Atlantic Ocean For 100 Days Becomes Younger By 10 Years. India Times
‘The quest to reverse aging has been a long-standing challenge for scientists worldwide, with limited success. However, an unconventional experiment may have theoretically unlocked the holy grail of reversing aging. This breakthrough is based on the changes observed in the body of Joseph Dituri after he lived underwater for a record 100 days.’
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Indian Company invests approx 370 million into Iran Port in 10 year plan.
Technology
Indian Company invests approx 370 million into Iran Port in 10 year plan.
Ports Global Limited (IPGL) committed to invests 370 Million USD into Iran Port.
Below excerpt and title of this post reported by TOI News Desk. (2024, May 13). Chabahar agreement: India takes major step in Central Asia with Iran port deal. The Times of India
‘India and Iran sealed a critical 10-year agreement on Monday to jointly develop and manage the Chabahar port, a move that significantly deepens their strategic and economic cooperation. The pact underscores India’s intent to expand its geopolitical footprint and boost trade across the West and Central Asian regions.’
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Chinese firm SMIC becomes the world’s second largest wafer foundry.
Technology
Chinese firm SMIC becomes the world’s second largest wafer foundry.
Below excerpt and title of this post reported by Wu. J. (2024, May 11). Chinese firm SMIC becomes the world’s second largest wafer foundry. Tech Node
‘Shanghai-based chip foundry Semiconductor Manufacturing International Corporation (SMIC) on Thursday unveiled its first quarter financial results, revealing that the state-owned company achieved a revenue of $1.75 billion, representing a 19.7% year-on-year increase. This result marks the first time that SMIC surpassed both United Microelectronics Corporation (UMC) and GlobalFoundries in quarterly revenue, with the two Taiwan-based firms reporting revenues of $1.71 billion and $1.549 billion respectively for the same period.’
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Top 10 African countries on the list of fastest-growing economies in 2024.
Economy
Top 10 African countries on the list of fastest-growing economies in 2024.
Below excerpt and title of this post reported by Okafor. C. (2024, February 21). Top 10 African countries on the list of fastest-growing economies in 2024. Business Insider Africa
‘Africa is poised for sustained economic expansion in 2024, building upon the positive momentum witnessed in previous years. The continent currently has one of the fastest-growing economy of any region off the heels of its young population and advancement in tech. Currently, only Asia has a faster developing economy than Africa.’
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Singapore, UAE and Hong Kong expected to be the beneficiaries of Billions of Dollars of Digital Assets and Blockchain Innovation expected to leave US. US SEC files Wells Notice it will take action US Company Robin Hood. SEC has already filed Wells Notice against Coinbase, Consensys, Uniswap, Ripple and others.
Cryptocurrency
Singapore, UAE and Hong Kong expected to be the beneficiaries of Billions of Dollars of Digital Assets and Blockchain Innovation expected to leave US. US SEC files Wells Notice it will take action US Company Robin Hood. SEC has already filed Wells Notice against Coinbase, Consensys, Uniswap, Ripple and others.
Below excerpt reported by Blockhead. (2024, May 7). Robinhood – Crypto’s Latest Alleged Outlaw to Face Wrath of SEC. Blockhead
‘”On May 4, 2024, RHC (Robinhood Crypto) received a ‘Wells Notice’ from the Staff of the SEC (the ‘Staff’) stating that the Staff has advised RHC that it made a ‘preliminary determination’ to recommend that the SEC file an enforcement action against RHC alleging violations of Sections 15(a) and 17A of the Securities Exchange Act of 1934, as amended,” Robinhood said in a filing on Monday.’
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China online shopping platform surpass US competitors including Amazon for South Korean Market. (25% of South Korean reported using Chinese shopping site)
E-commerce
China online shopping platform surpass US competitors including Amazon for South Korean Market. (25% of South Korean reported using Chinese shopping site)
Below excerpt reported by Jung-a. S. & Davies. C. (2024, March 24). China’s ecommerce groups make inroads in South Korea with lure of low prices
‘Temu, which only just launched in the U.S. in September, added nearly 10 million new daily users since the beginning of the year, GWS said. These gains have catapulted it into a shared second place with Walmart as the two retailers’ shopping apps sit around 17 million daily users. Shein, meanwhile, has grown its daily users from 3.1 million to 4.9 million in 2023.’
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China-operated online shopping platforms, Temu, now have approximately 51 million US users, and Shein has almost 14 million downloads in the US.
E-commerce
China-operated online shopping platforms, Temu, now have approximately 51 million US users, and Shein has almost 14 million downloads in the US.
Below excerpt reported by Steele. E. (2024, April 19). Chinese linked e-commerce companies shake up US market. Voice of America
‘China-operated Temu launched in September 2022 and now has 51 million U.S. users, while Chinese-founded fashion and lifestyle retailer SHEIN has almost 14 million U.S. downloads.’
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40% of US adult has made purchase from Temu (Chinese online Shopping Platform)
E-commerce
40% of US adult has made purchase from Temu (Chinese online Shopping Platform)
Below excerpt reported by Briggs. E. (2024, April 24). Temu is on its way to becoming ubiquitous. Morning Consult
‘U.S. consumers say they are seeing, reading or hearing about Temu — the Chinese online marketplace known for selling a wide array of products at extreme discounts — as frequently as they are about American retail giants, according to Morning Consult Intelligence data.’
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(US / UK) Millions of online shoppers leaving Amazon, while millions join Temu and Shein.
E-commerce
(US / UK) Millions of online shoppers leaving Amazon, while millions join Temu and Shein.
Below excerpt reported by Dobrosielski. D. / Sourcing Journal (2023, July 14). How Amazon is Losing to Shein and Temu. Yahoo Life
‘Temu, which only just launched in the U.S. in September, added nearly 10 million new daily users since the beginning of the year, GWS said. These gains have catapulted it into a shared second place with Walmart as the two retailers’ shopping apps sit around 17 million daily users. Shein, meanwhile, has grown its daily users from 3.1 million to 4.9 million in 2023.’
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China has been Africa’s largest single national trading partner for the past 12 consecutive years
Global Trade
China has been Africa's largest single national trading partner for the past 12 consecutive years
Below excerpt and title of this post reported by Jiang. S. & Li. D. (2022, May 26). China’s pivotal role in supporting post-COVID growth in Africa. White & Case
‘Trade between China and Africa has increased steadily in recent years. China has been Africa’s largest single national trading partner for the past 12 consecutive years (see Image), although trade between Africa and EU nations collectively continues to significantly exceed Africa’s trade with either China or the US. According to the latest data released by the General Administration of Customs of China, the total bilateral trade between China and Africa reached US$254.3 billion in 2021, up 35.3 percent from 2020, and African exports to China reached US$105.9 billion dollars in 2021, up 43.7 percent from 2020. The bulk of this trade is with only five countries: South Africa, Angola, Kenya, Nigeria and Egypt.’
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China replaces France as number 1 Trading Partner in Africa
Global Trade
China replaces France as number 1 Trading Partner in Africa
Below excerpt reported by The ChinaAfrica Project. (2022, January 27). Infographic: Africa’s shifting trade ties from France to China. Global Sentinel
‘While the visualization is intriguing, the use of the word “takeover” in the infographic’s title is regrettable as it once against frames Africa as some sort of contested prize or something to be acquired. Paired with China in the headline, “takeover” is not an editorially neutral word.’
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U.S. chip company, Intel shares suffer worst month in decades. Drop 31% from the last month
Financial
U.S. chip company, Intel shares suffer worst month in decades. Drop 31% from the last month
Below excerpt reported by Vlastelica. R. / Bloomberg (2024, May 1). Intel Shares Suffer Worst Month in Decades. Yahoo Finance
‘Intel Corp. shares fell 31% in April, their worst month in more than 20 years, as the chipmaker continues to struggle with executing a turnaround.’
‘The stock declined 2.8% on Tuesday, closing out its biggest one-month percentage drop since June 2002. It has plunged 39% this year, making it the weakest performer if the Philadelphia Stock Exchange Semiconductor Index, which is down 4.7% in April but remains up 12% for 2024.’
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The U.S. Company, Starbucks Corporation stock (SBUX) has a significant drop of -15.88%% in one day, as it fell short of its Q2 earnings estimates.
Financial
The U.S. Company, Starbucks Corporation stock (SBUX) has a significant drop of -15.88%% in one day, as it fell short of its Q2 earnings estimates.
Below excerpt reported by DiPalma. B. (2024, May 1). Starbucks stock plunges 14% after badly missing its Q2 earnings estimates. Yahoo Finance
‘Its shares opened 14% lower on Wednesday; it reported results after market close on Tuesday.’
‘Revenue for the second quarter dropped 2% year over year to $8.6 billion. Adjusted earnings per share also came in lower, down 8% to $0.68. Global same-store sales declined 4% from a year ago as transactions dropped 6%, which was partially offset by a 2% increase in average ticket size.’
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China Smartphone builder Xiaomi rolls 10,000 units of its flagship SU7 (EV Car) off assembly line in just 32 days
Technology / Automobile
China Smartphone builder Xiaomi rolls 10,000 units of its flagship SU7 (EV Car) off assembly line in just 32 days
Below excerpt reported by Doll. S. (2024, April 29). Smartphone builder Xiaomi rolls 10,000 units of its flagship SU7 off assembly line in just 32 days. Electrek
‘Per a Weibo post from Xiaomi Automobile today, orders for the SU7 had reached 75,723 units in the first 28 days since its launch in China. To keep up with this growing order book, Xiaomi is ramping up BEV production with hopes of delivering 100,000 SU7 EVs this year.’
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The U.S. EV Car Company Fisker Inc. stock falls 44% percent in a year. Media reports maybe at risk of bankruptcy.
Technology / Financial
The U.S. EV Car Company Fisker Inc. stock falls 44% percent in a year. Media reports maybe at risk of bankruptcy.
Below excerpt and title of this post reported by McLain. S. & Biswas. S. / Wall Street Journal (2024, March 14). EV startup Fisker prepares for possible bankruptcy filing, WSJ reports. Yahoo Finance
‘Electric vehicle startup Fisker has hired restructuring advisers to assist with a possible bankruptcy filing, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.’
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Iran says future of bilateral ties with Saudi Arabia “bright, promising”
Political
Iran says future of bilateral ties with Saudi Arabia "bright, promising"
Below excerpt reported by huaxia. (2024, April 30). Iran says future of bilateral ties with Saudi Arabia “bright, promising”. Xinhua
‘Iran’s Foreign Ministry Spokesman Nasser Kanaani said on Monday the future of relations between his country and Saudi Arabia was “bright and promising.”‘
‘Kanaani said the bilateral relations were moving forward on a “right and natural” track, while talks and consultations were ongoing at different levels.’
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Warner Bros. Discovery fall 40% in one year (Purchased CNN in 2022)
Media / Financial
Warner Bros. Discovery fall 40% in one year (Purchased CNN in 2022)
Below excerpt and title of this article reported by Golum. R. / Bloomberg News. (2024, April 30). Warner Bros. Shares Fall 10% on Report That Comcast Seeks NBA TV Deal. Bloomberg
‘Warner Bros. Discovery Inc. shares fell to an all-time low following a report that Comcast Corp. is seeking to replace the company as one of the broadcast partners for the National Basketball Association.’
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Reported January and February 2024 (note- facebook fell approx 15% in April 2024): Thiel, Bezos and Zuckerberg join parade of insiders selling tech stocks
Financial
Reported January and February 2024 (note- facebook fell approx 15% in April 2024): Thiel, Bezos and Zuckerberg join parade of insiders selling tech stocks
Below excerpt reported by Temple. P. & Kinder. T. (2024, March 24). Thiel, Bezos and Zuckerberg join parade of insiders selling tech stocks. FT China
‘Bosses sell hundreds of millions of dollars in company shares this quarter in sign that markets may be peaking’
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The Great Cash-Out: Jeff Bezos, Leon Black, Jamie Dimon, and the Walton family have now sold a combined $11 billion in company stock this month—some for the first time ever
Financial
The Great Cash-Out: Jeff Bezos, Leon Black, Jamie Dimon, and the Walton family have now sold a combined $11 billion in company stock this month—some for the first time ever
Below excerpt reported by Gerut. A. (2024, February 28). The Great Cash-Out: Jeff Bezos, Leon Black, Jamie Dimon, and the Walton family have now sold a combined $11 billion in company stock this month—some for the first time ever. Fortune
‘High-profile CEOs, founders, and heirs are selling stock by the bucketload in the companies that made them billionaires. For nearly the entire bunch, shares prices are trading near all-time-highs.’
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(Reuters Case Study) Are US TV Networks headed for Bankruptcy? It seems Millions of US Viewers are not watching US TV Network Shows or Hosts.
Trending U.S.
(Reuters Case Study) Are US TV Networks headed for Bankruptcy? It seems Millions of US Viewers are not watching US TV Network Shows or Hosts.
Reuters claims 3.28 million subscribers but only received approx 68 views to 4.1K views of the 5 videos posted. How is this possible? Are 3.27 million subscribers not watching the content they subscribed to? What are your thoughts? Millions and millions of Americans seem to be not watching videos US Network Shows. Are we seeing the complete decline of US TV Networks?
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(Disney Case Study) Are US TV Networks headed for Bankruptcy? It seems Millions of US Viewers are not watching US TV Network Shows or Hosts.
Trending U.S.
(Disney Case Study) Are US TV Networks headed for Bankruptcy? It seems Millions of US Viewers are not watching US TV Network Shows or Hosts.
Disney Claims 5.79 Million Subscribers on YouTube but videos only show between 60k and 150k views on 5 videos posted in Storytime with… section on the YouTube channels featured on the front page. How is this possible, are approx 5 million subscribers not watching Disney that previously subscribed? Millions and millions of Americans seem to be not watching videos US Network Shows. Are we seeing the complete decline of US TV Networks?
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(CNN Case Study) Are US TV Networks headed for Bankruptcy? It seems Millions of US Viewers are not watching US TV Network Shows or Hosts.
Trending U.S.
(CNN Case Study) Are US TV Networks headed for Bankruptcy? It seems Millions of US Viewers are not watching US TV Network Shows or Hosts.
CNN Claims 16 Million Subscribers on YouTube but videos only show between 100k and 550k views on 5 videos posted on the YouTube channels featured on the front page. How is this possible, are approx 15 million subscribers not watching CNN that previously subscribed ? Let us know your thoughts… Millions and millions of Americans seem to be not watching videos US Network Shows. Are we seeing the complete decline of US TV Networks?
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(Fox News Case Study) Are US TV Networks headed for Bankruptcy? It seems Millions of US Viewers are not watching US TV Network Shows or Hosts.
Trending U.S.
(Fox News Case Study) Are US TV Networks headed for Bankruptcy? It seems Millions of US Viewers are not watching US TV Network Shows or Hosts.
YouTube Channel only 20k to 231k views on the last 5 videos posted. How is this possible? Are 11 million subscribers not watching the subscription they claim are requesting? Millions and millions of Americans seem to be not watching videos US Network Shows. Are we seeing the complete decline of US TV Networks?
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(Bloomberg Television Case Study) Are US TV Networks headed for Bankruptcy? It seems Millions of US Viewers are not watching US TV Network Shows or Hosts.
Trending U.S.
(Bloomberg Television Case Study) Are US TV Networks headed for Bankruptcy? It seems Millions of US Viewers are not watching US TV Network Shows or Hosts.
Bloomberg claims 1.8 million subscribers but the Bloomberg Youtube Chanel shows 4 of last 5 videos only 1k-5k views each. With only a video of Elon Musk receiving approx 45k views. What are your thoughts…have over a million people stopped watching their subscriptions? What does this mean for TV Networks? Millions and millions of Americans seem to be not watching videos US Network Shows. Are we seeing the complete decline of US TV Networks?
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(Jimmy Fallon Case Study) Are US TV Networks headed for Bankruptcy? It seems Millions of US Viewers are not watching US TV Network Shows or Hosts.
Trending U.S.
(Jimmy Fallon Case Study) Are US TV Networks headed for Bankruptcy? It seems Millions of US Viewers are not watching US TV Network Shows or Hosts.
Jimmy last 5 shows only shows between 3k and 36k views. How is this possible when they claim 31 million subscribers? Millions and millions of Americans seem to be not watching videos US Network Shows. Are we seeing the complete decline of US TV Networks?
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(The Ellen Show Case Study) Are US TV Networks headed for Bankruptcy? It seems Millions of US Viewers are not watching US TV Network Shows or Hosts.
Trending U.S.
(The Ellen Show Case Study) Are US TV Networks headed for Bankruptcy? It seems Millions of US Viewers are not watching US TV Network Shows or Hosts.
Only received between 1.5k and 20k Views for its last 5 short episodes. How is this possible when the show claims 38.1 million subscribers? Millions and millions of Americans seem to be not watching videos US Network Shows. Are we seeing the complete decline of US TV Networks?
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Scientists developing the axolotl as a model for regeneration
Science / Biology
Scientists developing the axolotl as a model for regeneration
Below excerpt and title of this article reported by Thomson. J. (2023, May 14). The Animals That Could Unlock the Secret to Immortality. NEWS Week
‘Naturally, this inevitability has led many of us to dream of a life of immortality, being able to stick around for hundreds more years.’
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The Animals That Could Unlock the Secret to Immortality
Science / Biology
The Animals That Could Unlock the Secret to Immortality
Below excerpt and title of this article reported by Thomson. J. (2023, May 14). The Animals That Could Unlock the Secret to Immortality. NEWS Week
‘Naturally, this inevitability has led many of us to dream of a life of immortality, being able to stick around for hundreds more years.’
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Meta loses $200 billion in value as Zuckerberg focuses earnings call on all the ways company bleeds cash
Technology
Meta loses $200 billion in value as Zuckerberg focuses earnings call on all the ways company bleeds cash
Below excerpt and title of this article reported by Capoot. A. (2024, April 24). Meta loses $200 billion in value as Zuckerberg focuses earnings call on all the ways company bleeds cash. CNBC
‘Investors weren’t into it. Meta shares tumbled as much as 19% in extended trading on Wednesday, wiping out more than $200 billion in market cap.’
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Apple’s Q1 smartphone shipments in China tumble 19%, data shows
Technology
Apple's Q1 smartphone shipments in China tumble 19%, data shows
Below excerpt and title of this article reported by Mo. L., Goh. B. (2024, April 23). Apple’s Q1 smartphone shipments in China tumble 19%, data shows. Reuters
‘Apple’s smartphone shipments in China tumbled 19% in the first quarter of the year, the worst performance since 2020, as the iPhone maker took a hit from Huawei’s (HWT.UL) new product launches in the premium segment, market data showed.’
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Tesla Q1 results: Net profit drops 55% to $1.13 billion, revenue falls 9% YoY
Global Trade / Technology
Tesla Q1 results: Net profit drops 55% to $1.13 billion, revenue falls 9% YoY
Below excerpt and title of this article reported by Live Mint. (2024, April 24). Tesla Q1 results: Net profit drops 55% to $1.13 billion, revenue falls 9% YoY; shares rally on new affordable EV plan. Live Mint.
‘Tesla’s net profit in the first quarter ended March 2024 stood at $1.13 billion, falling 55% from $2.51 billion a year earlier amid an increasingly cutthroat electric vehicle (EV) market.’
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Tourism to Qatar Surges, 106% increase Approx 16 Billion USD Spending on Travel and Tourism.
Tourism / Economy
Tourism to Qatar Surges, 106% increase Approx 16 Billion USD Spending on Travel and Tourism.
Below excerpt reported by Gibbon. G. (2024, April 2). Qatar visitors increase by half in February. Arabian Golf Business Insight
‘Qatar reported a 53 percent increase in international visitors in February, according to official figures from the country’s tourism authority. It follows a 106 percent rise in international arrivals in January…’
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US De‐globalization: The Rise of Trade Protectionism
Economy / Global Trade
US De‐globalization: The Rise of Trade Protectionism
De-globalization – i.e., the process of weakening interdependency between countries (Petricevic & Teece, 2019; Witt, 2019) – has been ongoing for several years. The process is being underpinned by trade protectionism; government-level initiatives aimed at protecting domestic markets by imposing import tariffs, the strict enforce- ment of product standards, and policy regimes (Evenett, 2019; Grundke & Moser, 2019). The proponents of de-globalization argue that trade protectionism safeguards the sovereignty of countries (Enderwick, 2011).
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Reported April, “PAX Gold Stable Coin price was pumped by 39.90%, reaching an all-time high of $3289.06 and Volume Increases 1700% “. Is this a Global Response to US De-Dollarization Reports?
Cryptocurrency / Financial
Reported April, “PAX Gold Stable Coin price was pumped by 39.90%, reaching an all-time high of $3289.06 and Volume Increases 1700% “. Is this a Global Response to US De-Dollarization Reports?
Below excerpt reported by Smith. A. K. (2024, April 22). PAXG Price Near All-time High; Will It Make It To $2700 Mark?. The Market Periodical
‘On April 13, 2024, the PAX Gold price was pumped by 39.90%, reaching an all-time high of $3289.06 and in a few hours it was dumped. The trading volume jumped by approximately 1700% as compared to previous days.’
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(US) Experts Predict De-Dollarization Surge as US Reportedly Weaponizes Currency
Economy / Global Trade
(US) Experts Predict De-Dollarization Surge as US Reportedly Weaponizes Currency
Below excerpt reported by Franjkovic. T. (2024, April 24). US Congress Acts Seize Russian Assets, Experts Predict De-Dollarization Surge. CNN
‘It just supercharges de-dollarization. And that’s not good, especially when you have an America that is used to living on larger and larger debt raised by people placing the trust and buying treasuries and bonds.”’
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Tesla and SpaceX CEO Elon Musk’s viewpoint that “if you weaponize (US) currency enough times, other countries will stop using it.”
Political / Global Trade
Tesla and SpaceX CEO Elon Musk's viewpoint that "if you weaponize (US) currency enough times, other countries will stop using it."
Below excerpt reported by huaxia. (2023, May 31). Xinhua Commentary: Washington is hitting gas on de-dollarization. Xinhua
‘If the sweeping U.S.-led Western sanctions against Moscow, notably the expulsion of Russia from the SWIFT system, during the Ukraine crisis in 2022, harbor any lesson for other countries, it is that America’s sizable economic toolkit is a menace that could force others to toe the U.S. line or risk being cut off from the global financial market and the dollar-based banking system at Washington’s whim.’
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Reports alleging that the US government is threatening to cut off Chinese banks’ access to the dollar in an effort to derail trade between China and Russia. Could this result in China de risking by Dumping a portion of the 800 Billion US Dollars it holds in US Treasuries in Response.
Political / Global Trade
Reports alleging that the US government is threatening to cut off Chinese banks’ access to the dollar in an effort to derail trade between China and Russia. Could this result in China de risking by Dumping a portion of the 800 Billion US Dollars it holds in US Treasuries in Response.
Below excerpt reported by Porter. T. / INSIDER (2024, April 23). The US is weighing using the power of the dollar to stop Chinese banks aiding Russia — but its plan could backfire. Yahoo News
‘The US is drawing up sanctions that could cause some Chinese banks to lose access to the dollar, according to The Wall Street Journal.’
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Calls to break up Amazon as company allegedly copied products and manipulated search results
Business
Calls to break up Amazon as company allegedly copied products and manipulated search results
Below excerpt and title of this article reported by Willems. M. (2021, October 21). Calls to break up Amazon as company allegedly copied products and manipulated search results. City A.M.
‘The Massachusetts Democratic senator cited a Reuters investigation that Amazon intentionally copied local business products and manipulated search results to prioritize its own brands.’
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Are US Mulit-National Companies unable to complete Globally?, Report US Mulit-National Corporations may need a 1990’s Deglobalizaton To Protect themselves from Global Competitors.
BRICS vs. G7
Are US Mulit-National Companies unable to complete Globally?, Report US Mulit-National Corporations may need a 1990’s Deglobalizaton To Protect themselves from Global Competitors.
Below excerpt and title of this article reported by Wooldridge. A. (2023, July 20). Deglobalization Is Not Just for Countries. Bloomberg
‘Multinational companies are rethinking their corporate structures for a world that looks more like the 1930s than the 1990s.’
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Has the US called for Deglobalization as it loses Tech Innovation Against China, the Dollar Weakens Against Brics Nations and it finds itself Politically Isolated at the UN?
Technology / BRICS vs. G7
Has the US called for Deglobalization as it loses Tech Innovation Against China, the Dollar Weakens Against Brics Nations and it finds itself Politically Isolated at the UN?
Below excerpt reported by Lei. T. & Qi. W. (2024, March 10). ‘Anxiety’ shown as US launches probe into Chinese internet-connected vehicles over ‘national security’. Global Times
‘The White House is well aware that the US’ EV development strategy is a complete failure, and the competitiveness of its EV industrial chain has been significantly weakened, Lü Xiang, a US studies expert and research fellow at the Chinese Academy of Social Sciences, told the Global Times on Friday.’
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Will the US use “National Security” Claims to push G7 Countries to Purchase Only US Technology Products which are reportedly Higher Cost and Less Effective then Chinese Suppliers. Will this lead to US and G7 falling behind BRICS as the World Leader for Technology Innovation?
Technology / BRICS vs. G7
Will the US use “National Security” Claims to push G7 Countries to Purchase Only US Technology Products which are reportedly Higher Cost and Less Effective then Chinese Suppliers. Will this lead to US and G7 falling behind BRICS as the World Leader for Technology Innovation?
Below excerpt reported by Reuters. (2021, October 11). China has won AI battle with U.S., Pentagon’s ex-software chief says. Investing
‘LONDON (Reuters) -China has won the artificial intelligence battle with the United States and is heading towards global dominance because of its technological advances, the Pentagon’s former software chief told the Financial Times.’
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Has the US admitted it cannot compete with Chinese Tech Innovation and Seeks Anti Global Competition Protectionism?
Technology
Has the US admitted it cannot compete with Chinese Tech Innovation and Seeks Anti Global Competition Protectionism?
Below excerpt and title of this article reported by Campbell. N. & Adams. S. (2024, February 23). The US Is Jeopardizing the Open Internet. Project Syndicate
”The survival of the internet as we know it today is far from guaranteed, especially after the United States’ abandonment of its longstanding opposition to digital protectionism. Only a concerted global effort can ensure that the internet isn’t increasingly fragmented, insecure, and controlled by governments and corporations.’
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List of reports Meta/Facebook Fined Billions of Dollars and over 500 million Users Data leaked in Data Breaches. (US Government Bans Tik Tok for “National Security). Should Facebook/Meta be banned by all Countries outside US?.
Social Media
List of reports Meta/Facebook Fined Billions of Dollars and over 500 million Users Data leaked in Data Breaches. (US Government Bans Tik Tok for “National Security). Should Facebook/Meta be banned by all Countries outside US?.
Below excerpt and title of this article reported by Heiligenstein. M. X. (2023, October 5). Facebook Data Breaches: Full Timeline Through 2023. Firewall Times
‘The most recent Facebook data breach happened in April 2021, when personal data pertaining to 533 million Facebook users was made public on an online forum. As of October 2023, there have been no reported Facebook breaches since this incident.’
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Report, China Allegedly Follows US and Bans Threads and WhatsApp after TikTok Ban.
Social Media / Political
Report, China Allegedly Follows US and Bans Threads and WhatsApp after TikTok Ban.
Below excerpt and title of this article reported by Wu. Y. & Wing. K. (2024, April 22). Apple takes down WhatsApp, Threads from China app store. Redio Free Asia
‘Apple’s app store in China has taken down at least four chat apps that are widely used internationally, sparking concerns over the impact on the free flow of information and freedom of speech among users of its products in the country.’
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Netflix reportedly paid $100 million to Facebook to access users’ private chats
Social Media
Netflix reportedly paid $100 million to Facebook to access users’ private chats
Below excerpt and title of this article reported by Maya. D. (2024, April). Netflix reportedly paid $100 million to Facebook to access users’ private chats. Technext
‘a new development, there are reports that streaming service, Netflix paid an outstanding $100 million to social media giant, Facebook in exchange for access to the private chat of all its users. This is according to a document shared by an X user Deedy, and reported on Watcher Guru.’
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(US) Students claim that (US Students who identify as) furries bark in class, bite and scratch other children while generally creating chaos.
Culture, Race, and Happiness Index
(US) Students claim that (US Students who identify as) furries bark in class, bite and scratch other children while generally creating chaos.
Below excerpt reported by Durden. T. (2024, April 20). Utah Students Stage Walkout To Protest ‘Barking And Biting Furries’ In The Classroom. Zero Hedge
‘Middle School in Utah County has recently witnessed what might be the beginning of the end of the “anything goes” era in public schooling, with students (not just parents) protesting en masse over the disruptive inclusion of children identifying as furries and allegedly harassing other kids. Students claim that furries bark in class, bite and scratch other children while generally creating chaos.’
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(US) Fed says 1,804 (US) banks and other institutions tapped emergency lending facility
Financial
(US) Fed says 1,804 (US) banks and other institutions tapped emergency lending facility
Below excerpt by Saphir. A. / Reuters (2024, April 20). Fed says 1,804 banks and other institutions tapped emergency lending facility. Yahoo Finance
‘Some 1,804 depository institutions tapped the emergency lending facility set up last March in the wake of Silicon Valley Bank’s collapse, amounting to about 20% of all eligible firms, the Federal Reserve said on Friday’
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U.S. Interest Payment Reach $1 Trillion
Economics
U.S. Interest Payment Reach $1 Trillion
Below excerpt and title of this article reported by Conte. N. (2024, April 16). U.S. Interest Payment Reach $1 Trillion. Visual Capitalist
‘The cost of paying for America’s national debt crossed the **$1 trillion dollar** mark in 2023, driven by high interest rates and a record $34 trillion mountain of debt.’
‘Over the last decade, U.S. debt interest payments have more than doubled amid vast government spending during the pandemic crisis.’
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BREAKING NEWS: Marjorie Taylor Greene Promotes Amendment To Foreign Aid Bill To Gut Ukraine Funding Does Not Stop Bill Passing. Claims 70% Of Americans Against Sending Money to Ukraine
Political
BREAKING NEWS: Marjorie Taylor Greene Promotes Amendment To Foreign Aid Bill To Gut Ukraine Funding Does Not Stop Bill Passing. Claims 70% Of Americans Against Sending Money to Ukraine
Source reported by Forbes Breaking News. (2024, April 20). BREAKING NEWS: Marjorie Taylor Greene Promotes Amendment To Foreign Aid Bill To Gut Ukraine Funding. Forbes Breaking News / Youtube
‘On the House floor, Rep. Marjorie Taylor Greene (R-GA) put forward an amendment to the foreign aid bill to gut funding to Ukraine.’
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Leaked US Navy Intelligence presentation slide estimates the Chinese shipyard’s construction capacity is 232 times more than the US shipbuilding prowess.
Military
Leaked US Navy Intelligence presentation slide estimates the Chinese shipyard’s construction capacity is 232 times more than the US shipbuilding prowess.
Below excerpt and this article title excerpt reported by Sharma. R. (2023, September 19). 232 Times Greater Than US Navy, China’s Shipbuilding Prowess Eclipses The Might Of US – New Report. The Eura Asian Times
‘The Pentagon’s annual report to the US Congress on Chinese military and security developments estimates that the Chinese Navy had 350 warships compared to 293 warships in the US Navy battle force. The yawning gap of 60 hulls between the two navies is expected to grow every five years until 2035 when China will have an estimated 475 naval ships compared to 305-317 US warships.’
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The world’s first Generation IV nuclear power plant starts its commercial operation in China. China Leads World in Most Nuclear Power Plants Under Development.
Technology
The world's first Generation IV nuclear power plant starts its commercial operation in China. China Leads World in Most Nuclear Power Plants Under Development.
Below excerpt and title of this article reported by Foro Newclear. (2024, January 4). The world’s first Generation IV nuclear power plant starts its commercial operation in China. Foro Newclear
’55 operating nuclear plants and 22 under construction’
‘China currently operates 55 nuclear plants, including Shidao Bay-1, with an additional 22 plants under construction. This places China at the forefront of nuclear energy expansion, surpassing other nations in active construction projects.’
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Chinese Developed Solar panel Replacing Glass for Buildings, Houses, Cars and More.
Technology
Chinese Developed Solar panel Replacing Glass for Buildings, Houses, Cars and More.
Below excerpt reported by CGTN. (2024, February 7). Exploring China Opportunities: How power-generating glass helps boost green energy and urban design. CGTN
A single 2-square-meter piece of power-generating glass can produce 270 kilowatt-hours of electricity annually, even in low indoor light conditions. This means that just two or three pieces of this glass could meet the annual electricity consumption of an average household.’
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500 Dollar Russian Drones Destroys Five 10 million Dollar US Abrams Tanks in Ukraine.
Military
500 Dollar Russian Drones Destroys Five 10 million Dollar US Abrams Tanks in Ukraine.
Below excerpt reported by Bryen. S. (2024, March 6). $10m Abrams tanks no match for $500 Russian drones. Asia Times
‘The low-cost drones go under the name Ghoul. They are quadcopters that are battery powered. The Ghoul is a first-person-view (FPV) drone.’
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While Apple Sales Decline in China, Reports New Huawei Mobile, P70 Pro/Pro+ and the P70 Ultra Mobile sold out online in less then a minute.
Technology
While Apple Sales Decline in China, Reports New Huawei Mobile, P70 Pro/Pro+ and the P70 Ultra Mobile sold out online in less then a minute.
Below excerpt reported by Murtaza. F. (2024, April 19). Smash-hit Huawei Pura 70 series to zoom past 10 million in sales as company is predicted to take back top spot in China. Notebook Check
”As a comparison, 2023’s Huawei Mate 60 Pro and P60 smartphones seemingly only accounted for 6.2 million and 1.8 million shipments.’
All three phones are powered by the home-grown Chinese Kirin 9010 SoC Chip ‘
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Chinese Phone Company Transsion Number 1 Seller in Africa.
Technology
Chinese Phone Company Transsion Number 1 Seller in Africa.
Below excerpt reported by Chen. H. (2024, January 24). Transsion climbs global smartphone leader board with its move out of Africa. Bamboo Works
‘The company became the world’s fourth-largest smartphone vendor during last year’s fourth quarter for the first time after shipping 28.2 million smartphones – up 68.6% year-on-year, according to IDC. That far outpaced all of its other rivals in the top five, and was also well ahead of the overall market’s 8.5% growth.’
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iPhone China sales down 33% compare to last year
Technology
iPhone China sales down 33% compare to last year
Below excerpt reported by Gordon. N. (2024, April 15). Apple loses its spot as the world’s top seller of smartphones after tough China competition from brands like Xiaomi and Huawei. Fortune / Yahoo Finance
‘Just one quarter after taking first place in the global smartphone market, Apple is back in second. The iPhone maker delivered 50.1 million units in the first quarter of 2024, a 9.6% year-on-year drop, according to a report from research firm IDC. The fall puts Apple behind Korea’s Samsung, which sold 60.1 million units.’
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Investors pulls billions from BlackRock, BlackRock cuts 3% of global work force. (600 employees)
Economy
Investors pulls billions from BlackRock, BlackRock cuts 3% of global work force. (600 employees)
Below excerpt reported by Brush. S. (2024, January 9). BlackRock cuts 3% of global workforce, citing dramatic industry shifts. BNN Bloomberg
‘BlackRock Inc. will dismiss about 600 employees, or roughly 3 per cent of its global workforce, as it seeks to reallocate resources amid rapid changes in asset management.’
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Xiaomi’s New Robot Dog Can Do Backflips Off a Skateboard
Technology
Xiaomi’s New Robot Dog Can Do Backflips Off a Skateboard
Below excerpt and title of this article reported by Chen. J. (2024, February 21). Xiaomi’s New Robot Dog Can Do Backflips Off a Skateboard. INVERSE
‘All the dog, none of the responsibilities. Xiaomi showed off its second-generation robot dog called the CyberDog 2 during its CEO’s annual keynote. We got to see a few of the CyberDog 2’s tricks in some Twitter videos where it even backflipped off a skateboard. So far, the Cyberdog 2 looks slightly less creepy than Xiaomi’s first attempt at a robo-companion that was announced back in August 2021.’
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Central China to build assembly line for giant airships
Technology
Central China to build assembly line for giant airships
Below excerpt and title of this article reported by Xinhua. (2019, March 3). Central China to build assembly line for giant airships. China Daily
‘The central Chinese city of Jingmen will build an assembly line for large cargo airships to be developed by a Sino-French joint venture.’
‘The joint venture set up by French company Flying Whales and China Aviation Industry General Aircraft Co Ltd (AVIC) aims to develop large-capacity airships targeting the global market, the AVIC Research Institute told Xinhua on Saturday.’
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A 500-million-dollar business! America’s state-sponsored anti-China propaganda
Political
A 500-million-dollar business! America's state-sponsored anti-China propaganda
Below excerpt and title of this article reported by Helsinki Times. (2022, February 28). A 500-million-dollar business! America’s state-sponsored anti-China propaganda. Helsinki Times
‘500 million. That’s the sum of money the US congress planned to allocate to churn out negative news coverage on China. First reported by American Prospect on Feb. 9, the bill was stuffed into the China-centered America COMPETES Act’
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”US will not die for us” Former Philippines President
Political
”US will not die for us” Former Philippines President
Below excerpt reported by Yuwei. H., Wei. F., and Zhidong. Z. (2024, April 12). GT exclusive: Former Philippine president Duterte warns Manila to turn back from detrimental path, resolve disputes through dialogue. Global Times
‘GT: Based on current China-Philippines relations, what kind of message would you like to convey to the people of both the Philippines and China?’
‘Duterte: First of all, I would like to express my deep appreciation for China and the Global Times for coming here to interview us and talk about the relations between China and the Philippines. We should deal with the geopolitical mess that we are in. So China could get a clear view, at least around the former president of what we would like to happen between the Philippines and China.’
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Trump’s Truth Social valued at nearly $8bn as it goes public in New York. Trump Media’s has netted the former president a paper fortune of some $4.6bn…
Political
Trump’s Truth Social valued at nearly $8bn as it goes public in New York. Trump Media’s has netted the former president a paper fortune of some $4.6bn…
Below excerpt reported by Jones. C. (2024, March 24). Trump’s Truth Social valued at nearly $8bn as it goes public in New York. The Guardian
‘The firm behind Donald Trump’s Truth Social went public on Tuesday at a price that values the minnow social network at close to $8bn.’
‘Shares in Digital World Acquisition, the shell company with which Trump’s social media business has merged, have been surging since the turn of the year.’
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Nuclear Powered Airship that never lands and can carry 5,000 Passengers
Technology
Nuclear Powered Airship that never lands and can carry 5,000 Passengers
Below excerpt reported by Darma. Z. S. (2022, June 28). Inside the ‘flying hotel’ that never lands. Condé Nast Traveller
Inside the ‘flying hotel’ that never lands’
‘An outlandish new flying hotel concept is offering travellers an incredibly unique travel experience that seems straight out of a retro-futurism movie.’
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BYD plans to open its Hungarian EV factory within three years
Technology / Automobile
BYD plans to open its Hungarian EV factory within three years
Below excerpt and title of this article reported by Westerheide. C. (2024, February 16). BYD plans to open its Hungarian EV factory within three years. Electrive
‘BYD plans to open its first European electric car factory in Hungary within three years. The Chinese manufacturer announced the project at the signing of the preliminary purchase agreement for the property in Szeged, Hungary.’
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Tesla To Fire 10% Workforce, 14,000 Employees Brace For Sacking: Report
Technology
Tesla To Fire 10% Workforce, 14,000 Employees Brace For Sacking: Report
Below excerpt and title of this article reported by Sharma. M. (2024, April 16). Tesla To Fire 10% Workforce, 14,000 Employees Brace For Sacking: Report. NDTV World
‘The move comes ahead of the tech billionaire’s meeting with Prime Minister Narendra Modi on his visit on India some time this month.’
‘The announcement comes days after Tesla reported a drop in auto deliveries even though it implemented a series of price cuts on its EVs to boost demand.’
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Scholz says China builds cities faster than Germany approves house
City
Scholz says China builds cities faster than Germany approves house
Below excerpt and title of this article reported by huaxia. (2024, March 24). Scholz says China builds cities faster than Germany approves house. Xinhua
‘German Chancellor Olaf Scholz said that China builds cities faster than Germany approves a house, local media Bild reported.’
‘Scholz made the remark at a discussion organized by the German think-tank Bertelsmann Stiftung this week when talking about reducing the country’s bureaucracy.’
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U.S. loses its spot to China as Southeast Asia’s most favored ally, survey shows
Political
U.S. loses its spot to China as Southeast Asia’s most favored ally, survey shows
Below excerpt and title of this article reported by Chiang. S. (2024, April 3). U.S. loses its spot to China as Southeast Asia’s most favored ally, survey shows. CNBC
‘• China emerges as the preferred choice over the U.S. if the Southeast Asia region were forced to align itself in the ongoing U.S.-China conflict, new survey findings showed.’
‘• This is the first time Beijing edged past Washington since 2020. The U.S. as a preferred choice dropped to 49.5% from 61.1% last year.”
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China’s President Xi Jinping says nobody can stop ‘family reunion’ with Taiwan
Political
China's President Xi Jinping says nobody can stop 'family reunion' with Taiwan
Below excerpt and title of this article reported by CNA. (2024, April 10). China’s President Xi Jinping says nobody can stop ‘family reunion’ with Taiwan. China News Asia
‘Chinese President Xi Jinping told former Taiwan president Ma Ying-jeou on Wednesday (Apr 10) that outside inference could not stop the “family reunion” between the two sides of the Taiwan Strait, and that there are no issues that cannot be discussed.’
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One Car Every 76 Seconds: Inside Xiaomi’s Smart Super Factory
Technology / Automobile
One Car Every 76 Seconds: Inside Xiaomi's Smart Super Factory
Below excerpt and title of this article reported by Luchian. E. (2024, April 5). One Car Every 76 Seconds: Inside Xiaomi’s Smart Super Factory. Auto Evolution
‘The SU7 is the first car that smartphone manufacturer Xiaomi has unveiled. It happened on March 28, and the model has already entered production. Xiaomi builds the sedan at the Xiaomi Super Factory in Beijing, China.’
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Costs of the 20-year war on terror: $8 trillion and 900,000 deaths
Political
Costs of the 20-year war on terror: $8 trillion and 900,000 deaths
Below excerpt and title of this article reported by Kimball. J. (2021, September 1). Costs of the 20-year war on terror: $8 trillion and 900,000 deaths. Brown
‘A report from the Costs of War project at Brown University revealed that 20 years of post-9/11 wars have cost the U.S. an estimated $8 trillion and have killed more than 900,000 people.’
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An additional 10 trillion US dollars in military spending may be deemed necessary by the US and G7 nations over the next decade, as suggested by a recent report
BRICS vs. G7
An additional 10 trillion US dollars in military spending may be deemed necessary by the US and G7 nations over the next decade, as suggested by a recent report
Below excerpt reported by Stirling. C. (2024, April 9). A $10 Trillion Race to Rearm Will Test Budgets. Bloomberg
‘For the US and its Group of Seven allies, that would equate to more than $10 trillion (US Dollars) of additional commitments over the next decade, according to calculations by Bloomberg Economics.’
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How US company Nvidia Became Worth More Than Google And Amazon
Technology
How US company Nvidia Became Worth More Than Google And Amazon
Below excerpt reported by Unnanu. How US company Nvidia Become Worth More Than Google And Amazon. Unnanu
‘Nvidia’s ascension to surpass the market capitalization of tech titans like Google and Amazon can be attributed to its strategic diversification, which saw the company expand its horizons from gaming into the realms of artificial intelligence (AI), data centers, and beyond.’
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Report: Russia sends military trainers and air-defence system to Niger, says Niger state TV, Niger gov plans infrastructure partnerships with China on railway network, China Invests in Niger New Industrial Park, Uranium and Oil Production, Niger Orders American Troops to Leave Its Territory, and Niger Expels France from Country, Reclaims Gold and Uranium Mines
Brics vs G7
Report: Russia sends military trainers and air-defence system to Niger, says Niger state TV, Niger gov plans infrastructure partnerships with China on railway network, China Invests in Niger New Industrial Park, Uranium and Oil Production, Niger Orders American Troops to Leave Its Territory, and Niger Expels France from Country, Reclaims Gold and Uranium Mines
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Iraq invites China to bid for 17 billion US dollar Mega Rail project
Brics vs. G7
Iraq invites China to bid for 17 billion US dollar Mega Rail project
Below excerpt reported by ZAWYA. (2024, January 19). [Iraq invites Chinese firms for mega rail project. ZAWYA
‘Iraq has asked Chinese companies to bid for projects within a $17-billion scheme to build a 1,200 km long rail line stretching from South Iraq towards the border with Turkey in the North, according to Iraqi media.’
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Ahead of Joining BRICS, Iraq Issues Ban on U.S. Dollar Transactions
Brics vs. G7
Ahead of Joining BRICS, Iraq Issues Ban on U.S. Dollar Transactions
Below excerpt and title of this article reported by Watcher.Guru. (2023, May 17). Ahead of Joining BRICS, Iraq Issues Ban on U.S. Dollar Transactions. Crypto Rank
‘The Interior Ministry of Iraq issued a ban on U.S. dollar transactions across the country. Iraq is one among the 24 countries that have shown interest to join the BRICS alliance and accept the new currency for global trade’
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Iraq 2 billion dollar new city breaks ground with 2 Chinese Construction companies
Brics vs. G7
Iraq 2 billion dollar new city breaks ground with 2 Chinese Construction companies
Below excerpt and title of this article reported by Al-Ansary. K. (2023, December 28). Iraq Breaks Ground on $2 Billion Project to Build New City. BNN Bloomberg
‘Iraq broke ground Wednesday on a $2 billion project to build a residential city outside of Baghdad, with two Chinese firms starting construction on 30,000 housing units.’
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US College graduate numbers decline for second year in a row
Education
US College graduate numbers decline for second year in a row
Below excerpt and title of this article reported by Al-Ansary. K. (2023, December 28). Iraq Breaks Ground on $2 Billion Project to Build New City. BNN Bloomberg
‘Iraq broke ground Wednesday on a $2 billion project to build a residential city outside of Baghdad, with two Chinese firms starting construction on 30,000 housing units.’
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China to have 11.79M university graduates in 2024
Education
China to have 11.79M university graduates in 2024
Below excerpt and title of this article reported by Xinhua. (2023, December 6). China to have 11.79M university graduates in 2024. The State Council Information Office The People’s Republic Of China<
‘The estimated number of university graduates across China in 2024 is expected to reach 11.79 million, an increase of 210,000 compared to the previous year, Chinese authorities said on Tuesday.’
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Iraq, China Rebuilding 1000 Schools, 100’s of thousands of homes, new Universities after infrastructure destroyed by US Invasion. Trade between China and Iraq reached around $50 billion last year. China is the largest importer of Iraqi oil.
Economy / Global Trade
Iraq, China Rebuilding 1000 Schools, 100’s of thousands of homes, new Universities after infrastructure destroyed by US Invasion. Trade between China and Iraq reached around $50 billion last year. China is the largest importer of Iraqi oil.
Below excerpt reported by News Desk. (2024, January 4). China ‘actively involved’ in Iraq’s reconstruction. The Cradle
‘In 2019, Iraq signed a 20-year contract, agreeing to supply Chinese firms with 100,000 barrels per day (bpd) of crude oil, with the revenue earmarked for funding various development projects in Iraq undertaken by Chinese firms.’
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China invests Approx 643.75 billion USD on Education in 2024
Education
China invests Approx 643.75 billion USD on Education in 2024
According to Statista (Textor, 2024), Public expenditure on education in China from 2013 to 2023.
‘In 2023, public spending on education in China reached 4.12 trillion yuan. Education expenditure increased continuously over recent years, but growth rates are considerably lower than ten years ago.’
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China 5 Million (STEM) Science, Technology, Engineering and Mathematics Graduates each year.
Economy
China 5 Million (STEM) Science, Technology, Engineering and Mathematics Graduates each year.
Below excerpt reported by Haifeng. Q. (2024, April 9). China’s demographic dividend is turning into talent dividend. Alwihda Info
‘Approximately 50 percent of the world’s leading artificial intelligence (AI) researchers are trained in Chinese universities, making China the top provider of elite AI talents globally.”Besides, China boasts 3,074 higher-educational institutions, with a student enrollment of 47.63 million in various types of higher education. Home to over 200 million skilled workers, including more than 60 million high-skilled professionals, China has emerged as a country with the world’s largest number of talents specialized in a diverse range of industries.’
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China Invests $51.51 billion in with a focus on basic research, applied basic research, and national strategic tasks in science and technology for 2024
Economy
China Invests $51.51 billion in with a focus on basic research, applied basic research, and national strategic tasks in science and technology for 2024
*Below excerpt reported by Yeping. Y. (2024, March 5). China pledges to facilitate new quality productive forces with intensified technology innovation. Global Times.
‘Approximately 50 percent of the world’s leading artificial intelligence (AI) researchers are trained in Chinese universities, making China the top provider of elite AI talents globally.
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Exclusive—Iraq Militia Warns US Troops Will Exit ‘in Coffins’ If Biden Won’t Withdraw.
Political
Exclusive—Iraq Militia Warns US Troops Will Exit 'in Coffins' If Biden Won't Withdraw.
Below excerpt and title of this article reported by Connor. T. (2024, March 27). Exclusive—Iraq Militia Warns US Troops Will Exit ‘in Coffins’ If Biden Won’t Withdraw. News Week
‘We respect the right of peoples to live in peace, and it is our right to have peace in our country without American military forces on the land of Iraq. The Iraqi people respect all peoples but reject the military presence on the land of Iraq,” Tamimi said. “If these forces do not withdraw, they will be sent with coffins, and we will destroy the American bases.”‘
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US Military being pushed out of Africa?
Political
US Military being pushed out of Africa?
Below excerpt and title of this article reported by Tait. R. (2024, March 22). US fears Russia’s influence in Africa after Niger junta cancels security pact. The Guardian
‘US policymakers are scrambling after the ruling military junta in Niger cancelled a mutual security pact that could lead to American forces being expelled, stirring fears of a loss of vital influence to Russia in west Africa.’
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China’s Xi, former Taiwanese president push unification
Political
China’s Xi, former Taiwanese president push unification
Below excerpt and title of this article reported by Yang. W. (2024, April 10). China’s Xi, former Taiwanese president push unification. VOA
‘Chinese leader Xi Jinping met former Taiwanese President Ma Ying-jeou at the Great Hall of the People in Beijing on Wednesday, wrapping up an 11-day “journey of peace” aimed at promoting unification between Taiwan and China.’
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US won’t let China take Taiwan chip-makers ‘intact’
Political
US won’t let China take Taiwan chip-makers ‘intact’
Below excerpt and title of this article reported by Salerno-Garthwaite. A. (2022, November 30). [US won’t let China take Taiwan chip-makers ‘intact’. Army Technology
Scorched-earth strategy
‘The US Army War College Press published a paper in November 2021 recommending that the US make credible threats to destroy Taiwan Semiconductor Manufacturing Company (TSMC) facilities, eliminating the most important supplier of micro-processing chips to China and the World.’
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Intel discloses $7 billion operating loss for chip-making unit
Technology
Intel discloses $7 billion operating loss for chip-making unit
Below excerpt and title of this article reported by Nellis. S. and Cherney. M. A. (2024, April 3). Intel discloses $7 billion operating loss for chip-making unit. Reuters
‘Intel said the manufacturing unit had $7 billion in operating losses for 2023, a steeper loss than the $5.2 billion in operating losses the year before. The unit had revenue of $18.9 billion for 2023, down 31% from $27.49 billion the year before.’
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Google settles $5 billion privacy lawsuit over tracking people using ‘incognito mode’
Technology
Google settles $5 billion privacy lawsuit over tracking people using 'incognito mode'
Below excerpt and title of this article reported by The Associated Press. (2023, December 30). Google settles $5 billion privacy lawsuit over tracking people using ‘incognito mode’. NRP
‘Google has agreed to settle a $5 billion privacy lawsuit alleging that it spied on people who used the “incognito” mode in its Chrome browser — along with similar “private” modes in other browsers — to track their internet use.’
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6G the next Billion Dollar Infrastructure and Massive R & D Investment to Drive Economic Growth. Here is a guide of the Promises of 6G
Technology
6G the next Billion Dollar Infrastructure and Massive R & D Investment to Drive Economic Growth. Here is a guide of the Promises of 6G
Below excerpt reported by Huawei 6G Research Team. (2021, November). 6G will serve as a distributed neural network that provides communication links to fuse the physical and cyber worlds. Huawei
6G will serve as a distributed neural network that provides communication links to fuse the physical and cyber worlds.
‘6G is the next-generation advanced mobile communications system, but it will go far beyond communications. 6G will serve as a distributed neural network that provides communication links to fuse the physical, cyber, and biological worlds, truly ushering in an era in which everything will be sensed, connected, and intelligent. This in turn will lay a solid foundation for Intelligence of Everything in the future.’
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China has launched the world’s first 6G satellite, which promises speeds 100 times faster than 5G. This revolutionary technology brings together synthetic (AI, robotic/machine automation, 3D & digital) and biological (human & physical) existence for co-evolution. China seems to be leading the world and is on track to commercialize this technology by 2030.
Technology
China has launched the world’s first 6G satellite, which promises speeds 100 times faster than 5G. This revolutionary technology brings together synthetic (AI, robotic/machine automation, 3D & digital) and biological (human & physical) existence for co-evolution. China seems to be leading the world and is on track to commercialize this technology by 2030.
Below excerpt reported by TOI Tech Desk. (2024, February 21). China Mobile launches world’s first Test 6G Satellite: What makes this important. The Times of India
‘China Mobile, a Chinese government-owned telecom operator, recently announced the launch of the world’s first 6G satellites, marking China’s advancement in the field of emerging communication technologies. According to a report in IoT World, two experimental satellites have been deployed into low-Earth orbit (LEO). One of these satellites is equipped with 6G architecture, a joint development of China Mobile and the Innovation Academy for Microsatellites of the Chinese Academy of Sciences.The other satellite utilises China Mobile’s 5G technology.’
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Russia and Iran finalize 20 years trade deal “that will change the middle east forever”
BRICS vs. G7
Russia and Iran finalize 20 years trade deal "that will change the middle east forever"
Below excerpt reported by Watkins. S. (2024, January 22). Russia And Iran Finalize 20-Year Deal That Will Change The Middle East Forever. Crude Oil Price Today
• Iran’s Supreme Leader Ayatollah Khamenei gave his official approval to a new 20-year comprehensive cooperation deal between the Islamic Republic of Iran and Russia.
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China 400 billion dollars, 25 years investment in Iran enters implementation stage.
BRICS vs. G7
China 400 billion dollars, 25 years investment in Iran enters implementation stage.
Below excerpt reported by Motamedi. M. (2022, January 15). Iran says 25-year China agreement enters implementation stage. Aljazeera
‘Tehran, Iran – A 25-year comprehensive cooperation agreement signed between Iran and China last year has now entered the implementation stage, according to Iran’s foreign minister.’
‘Hossein Amirabdollahian, in his first visit to China as foreign minister, announced the news late Friday after a meeting with his Chinese counterpart Wang Yi.’
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The EU and the West lose approximately 548 billion USD in trade with Russia. Russia replaces trade with the EU and the West with an equal volume of 548 billion USD with China and friendly nations.
BRICS vs. G7
The EU and the West lose approximately 548 billion USD in trade with Russia. Russia replaces trade with the EU and the West with an equal volume of 548 billion USD with China and friendly nations.
Below excerpt article reported by RT. (2024, April 3). Russia less reliant on oil and gas exports – PM. RT
‘Russia’s trade volume with “friendly nations” surpassed $548 billion last year, which was roughly equal to the turnover Russia had with the whole world, including the Western nations, four years ago, according to the prime minister.’
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Report: “Russia could pay off its entire external debt tomorrow, in cash.” (Debt reduced by 14.9%, 57 Billion USD, Largest Economy in Europe and Fifth Largest Globally)
Financial
Report: "Russia could pay off its entire external debt tomorrow, in cash." (Debt reduced by 14.9%, 57 Billion USD, Largest Economy in Europe and Fifth Largest Globally)
Below excerpt reported by Aris. B. (2024, March 30). Russia could pay off its entire external debt tomorrow, in cash. bne IntelliNews
‘At the same time gross international reserves have been rising and are now hovering around $600bn at the end of the first quarter. Half of these reserves are frozen. About $150bn are in monetary gold (up from $135bn pre-war) and the rest in yuan.’
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‘Blood on Its Hands’: (US) FDA Will Remove Anti-ivermectin Social Media, Website Posts Under Lawsuit Settlement Agreement
Health
‘Blood on Its Hands’: (US) FDA Will Remove Anti-ivermectin Social Media, Website Posts Under Lawsuit Settlement Agreement
Below excerpt and title of the article reported by Baletti. B., Ph.D. (2024, MARCH 22). ‘Blood on Its Hands’: FDA Will Remove Anti-ivermectin Social Media, Website Posts Under Lawsuit Settlement Agreement. The Defender — Children’s Health Defense’s News & Views
“The FDA demonized ivermectin, which is a highly effective drug for the early treatment of COVID. The consequences of this, and what has to be clear is that this led directly to the death of millions of people,” Marik said. “So the FDA has blood on its hands.”
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Hong Kong, the UAE, and Singapore are anticipated to benefit billions of dollars from the exodus of US crypto and blockchain companies as the US industry faces “Mammoth Losses”. The US government has taken six major enforcement actions that could end the US crypto industry, as listed below.
Cryptocurrency / BRICS vs. G7
Hong Kong, the UAE, and Singapore are anticipated to benefit billions of dollars from the exodus of US crypto and blockchain companies as the US industry faces “Mammoth Losses”. The US government has taken six major enforcement actions that could end the US crypto industry, as listed below.
Source reported by Helms. K. (2024, March 7). US Judge Backs SEC: Trading of Certain Cryptocurrencies on Secondary Markets Are Securities Transactions. Bitcoin.com
US Crypto Industry faces “mammoth loss”, Crypto Industry Continues to Leave US, US Judge Backs SEC: Trading of Certain Cryptocurrencies on Secondary Markets Are Securities Transactions.
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US Company, INTEL and AMD expected to lose billions as China bans purchases and Home Grown Chips Perform.
Technology / BRICS vs. G7
US Company, INTEL and AMD expected to lose billions as China bans purchases and Home Grown Chips Perform.
Source reported by Sharwood. S. (2024, March 25). Beijing issues list of approved CPUs – with no Intel or AMD. The Register. and more in the post
Step 1. China bans purchase of Intel and AMD processors, Microsoft Windows for government computers
China wants “safe and reliable” processors and operating systems. (Will be replaced by Chinese made and approved products.)
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China increases efforts to remove all US Tech with homegrown Alternatives by 2027?
Technology / BRICS vs. G7
China increases efforts to remove all US Tech with homegrown Alternatives by 2027?
Source reported by Lin. L. (2024, March 7). China Intensifies Push to ‘Delete America’ From Its Technology. The Wall Street Journal
Could the US lose China, its previous largest Tech consumer by 2027? What will this mean for the US Economy? and Will BRICS nations follow?
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US firm AT&T says data of 73 million customers leaked on ‘dark web’.
Telecommunication
US firm AT&T says data of 73 million customers leaked on ‘dark web’.
Below excerpt and title of the article reported by Aljazeera. (2024, March 31). US firm AT&T says data of 73 million customers leaked on ‘dark web’. Aljazeera
‘In a statement on Saturday, the telecommunication network – the largest in the United States – said a recently discovered dataset on the “dark web” contained information for about 7.6 million current AT&T account holders and 65.4 million former users, totalling about 73 million affected accounts.’
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Is 2024 the Start of the End of US Tech companies having any significant market share in China and BRICs nations?
Technology / BRICS vs. G7
Is 2024 the Start of the End of US Tech companies having any significant market share in China and BRICs nations?
Source reported by Mitchel. A. (2024, March 1). Sec. Raimondo: Chinese-made smart cars may be ‘collecting data every minute’ on ‘millions’ in US. MSNBC
Will the US implement more security policies to shield its tech companies from Chinese competition, both domestically and with G7 allies? What implications does this hold for the US and G7 countries? Will the US change its policy and compete against China on progress and allow new domestic and foreign competition will they continue the same direction..?
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China is teaching the likes of Apple and Tesla a very painful business lesson (Apple sales down approx. 24% in China. January to February 2024, Tesla suffers huge slump in China Sales)
BRICS vs. G7
China is teaching the likes of Apple and Tesla a very painful business lesson (Apple sales down approx. 24% in China. January to February 2024, Tesla suffers huge slump in China Sales)
Below excerpt reported by Chowdhury. H. and Batarags. L. (2024, March 1). China is teaching the likes of Apple and Tesla a very painful business lesson. Business Insider
‘Apple’s been struggling to get new iPhones into the pockets of Chinese consumers, with data from Counterpoint Research showing that sales plummeted by 24% in the first six weeks of the year.’
‘Tesla, meanwhile, suffered a huge slump in shipments from its Shanghai gigafactory last month, with 60,365 vehicles shipped, Bloomberg reported. That’s 16% lower than its shipments in January and 19% lower than the same month last year, data from the China Passenger Car Association shows.’
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Tesla Stock Is Plunging Down 29.25% in the first quarter, the worst performer on the S&P 500
Trading / BRICS vs. G7
Tesla Stock Is Plunging Down 29.25% in the first quarter, the worst performer on the S&P 500
Below excerpt reported by Carson. E. (2024, March 30). Tesla Stock Is Plunging, But At Least It’s Cheaper, Right? Nope. Investor’s Business Daily
‘Tesla stock plunged 29.25% in the first quarter, the worst performer on the S&P 500. Shares are 57.5% below their late 2021 all-time high.’
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Huawei M7 EV Car reported 500K Orders. (Huawei is not just an EV car company but a digital ecosystem. US companies Telsa and Apple sales in China continue to decline.)
Automobile / BRICS vs. G7
Huawei M7 EV Car reported 500K Orders. (Huawei is not just an EV car company but a digital ecosystem. US companies Telsa and Apple sales in China continue to decline.)
Is this the start of the end for Tesla and Apple in China and then BRICs nations?
Below excerpt reported by Helou. E. A. (2023, October 12). Huawei’s Aito gets 500,000+ orders for M7 luxury EV since relaunch. Middle East Economy
Huawei’s Aito gets 500,000+ orders for M7 luxury EV since relaunch
‘Huawei’s consumer appeal drives success in China’s EV market’ ‘Analysts laud the initial triumph of electric SUVs as more than 500,000 orders flooded in within the first 25 days of the Aito M7’s relaunch in September. This success is attributed, in part, to Huawei’s significant consumer appeal in China, leveraging its extensive network of retail stores.’
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Xiaomi Challenges Elon Musk’s Tesla, Rakes In 120K Orders For First EV In 36 Hours. (Tesla sold 60,365 China-made vehicles in February 2024)
Automobile / BRICS vs. G7
Xiaomi Challenges Elon Musk's Tesla, Rakes In 120K Orders For First EV In 36 Hours. (Tesla sold 60,365 China-made vehicles in February 2024)
Source reported by Jin. H. (2024, March 5). Tesla shares skid after China sales fell to the lowest level in over a year. Reuters
Is this the start of the end for Tesla in China and then BRICS nations?
Xiaomi is not just an EV car company but a digital ecosystem. US companies Telsa and Apple sales in China continue to decline. Telsa Stock falls approx 29% last 12 months and continues sales decline in China. Approx 30 percent of Tesla sales are from China
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Reported: US Government Seeks 2 Billion in fines from Ripple Labs / Ripple leaves the U.S. market: Company hires in other countries
Cryptocurrency
Reported: US Government Seeks 2 Billion in fines from Ripple Labs / Ripple leaves the U.S. market: Company hires in other countries
Below excerpt reported by Godoy. J. (2024, March 24). US SEC seeks $2 billion from Ripple Labs, chief legal officer says. Reuters
‘US SEC seeks $2 billion from Ripple Labs, chief legal officer says’
‘March 25 (Reuters) – The U.S. Securities and Exchange Commission is seeking fines and penalties totaling $2 billion in its case against Ripple Labs over sales of the cryptocurrency XRP, the company’s chief legal officer said in a social media post on Monday.’
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24 Firms Eyeing Crypto Exchange License in Hong Kong — Here’s The Full List
Cryptocurrency
24 Firms Eyeing Crypto Exchange License in Hong Kong — Here’s The Full List
Below excerpt and title of the article reported by Oi. R. (2024, February 29). 24 Firms Eyeing Crypto Exchange License in Hong Kong — Here’s The Full List. Fintech Hong Kong
‘Hong Kong has emerged as a significant battleground for crypto exchange platforms seeking to secure a license from the Securities and Futures Commission.’
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Famous Analyst expects China Domestic Chip and Software Powered Huawei Mobile P70 Series to Break Shipment Records (approx 230% Increase/13-14 million units) 2024
Technology
Famous Analyst expects China Domestic Chip and Software Powered Huawei Mobile P70 Series to Break Shipment Records (approx 230% Increase/13-14 million units) 2024
Below excerpt reported by Ertuğ. V. O. (2023, November 28). Important claim from Apple analyst! Huawei P70 sales could break records. ShiftDelete.Net
‘According to the analyst, Huawei P70 shipments are likely to break records and increase by 230 percent compared to last year. In this sense, shipments are likely to reach 13-15 million units on an annual basis.’
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In 2024, Huawei mobile phones are expected to dominate sales with the release of three new phones powered by Chinese-made chips and software. Meanwhile, Apple continues to lose market share in China.
Technology
In 2024, Huawei mobile phones are expected to dominate sales with the release of three new phones powered by Chinese-made chips and software. Meanwhile, Apple continues to lose market share in China.
Below excerpt reported by Choi. J. (2024, March 25). Huawei to Launch Another 5G Phone. Business Korea
‘The Huawei P70 series is expected to be launched in three models: the base model, the P70 Pro, and the P70 Art. The main camera will feature a 1-inch sensor and is expected to include a 50-megapixel ultra-wide lens, among other features.’
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Report, 2024 China moves away from Western Tech including US CPU’s, Computer Desktops and Server Operations. US Tech does not pass Chinas Security Report. Will BRICS nations follow? Will 2024 be the Exodus of US Tech from BRICS?
Technology
Report, 2024 China moves away from Western Tech including US CPU’s, Computer Desktops and Server Operations. US Tech does not pass Chinas Security Report. Will BRICS nations follow? Will 2024 be the Exodus of US Tech from BRICS?
Source reported by Sharwood. S. (2024, March 25). Beijing issues list of approved CPUs – with no Intel or AMD. The Register
With Chinese domestic tech production not reliant on the US, will China become the worlds largest Chip, Mobile Device, Software and PC exporter? Will BRICS nations source directly from China for all technology?
Beijing issues list of approved CPUs – with no (US) Intel or AMD (reports inside China, phasing out of Intel and Windows PC)
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Qatar makes belated entry into crypto tokens market
Financial / Cryptocurrency
Qatar makes belated entry into crypto tokens market
Below excerpt and title of this article reported by Merani. M. (2023, October 12). Qatar makes belated entry into crypto tokens market. Arabian Gulf Business Insight
‘Qatar’s financial regulators have proposed a new digital assets framework which seeks to regulate investment tokens.’
‘Bardawil said introducing a virtual asset framework positions Qatar, with a population of about 2.5 million, for a trifecta of economic boons.’
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(US) New Report Measures Scope of Damage From Medical Mistakes (Reported Approx 795,000 People Injured)
Health
(US) New Report Measures Scope of Damage From Medical Mistakes (Reported Approx 795,000 People Injured)
Below excerpt and title of this article reported by HealthDay. (2023, July 20). New Report Measures Scope of Damage From Medical Mistakes. US News
‘THURSDAY, July 20, 2023 (HealthDay News) — About 795,000 Americans die or are permanently disabled every year due to misdiagnosed medical conditions.’
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Coinbase warns users could lose their crypto holdings if the company goes bankrupt.
Financial / Cryptocurrency
Coinbase warns users could lose their crypto holdings if the company goes bankrupt.
Below excerpt and title of this article reported by Canales. K. (2022, May 11). Coinbase warns users could lose their crypto holdings if the company goes bankrupt. Business Insider
‘Coinbase said its users’ crypto assets could become company property if it went bankrupt.
The company added the disclosure for the first time in its earnings report Tuesday.’
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BlackRock clients pull $13 billion from long term investment funds
Financial
BlackRock clients pull $13 billion from long term investment funds
Below excerpt and title of the article reported by Reuters. (2023, October 13). BlackRock clients pull $13 billion from long term investment funds. Business Standard
‘BlackRock Inc. clients pulled a net $13 billion from long-term investment funds, the first outflows since the onset of the pandemic in 2020.’
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Texas pulls $8.5B from BlackRock in stunning blow to ESG movement
Financial
Texas pulls $8.5B from BlackRock in stunning blow to ESG movement
Below excerpt and title of the article reported by Catenacci. T. (2024, March 19). Texas pulls $8.5B from BlackRock in stunning blow to ESG movement. Fox Business
‘Texas ‘will not stand idle as our financial future is attacked by Wall Street,’ said State Board of Education Chairman Aaron Kinsey’
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One in Four Young Adults Want to Leave America — Here’s Why
Culture, Race, and Happiness Index
One in Four Young Adults Want to Leave America — Here’s Why
Below excerpt and title of the article reported by Relevant Staff. (2023, November 15) One in Four Young Adults Want to Leave America — Here’s Why. Relevant
‘A new survey from Preply found that one in four Gen Z Americans have expressed a desire to live outside the U.S. As of 2020, nearly three million people born in the U.S. were living in countless different countries, and no other country has sent as many emigrants to as many places.’
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US The Next Generation Will Know Debt Like No Other.
Culture, Race, and Happiness Index
US The Next Generation Will Know Debt Like No Other.
Below excerpt reported by Peter G. Peterson Foundation. US falls out of world’s top 20 happiest countries list for the first time ever. Peter G. Peterson Foundationn
‘They are burdened by record student debt. They are entering the workforce during a time of unprecedented economic uncertainty, in a nation with crumbling infrastructure, a climate in crisis, and rising inequality.’
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Study, US Ranks 62nd in the world for “Happiness” for US Citizens Under 30
Culture, Race, and Happiness Index
Study, US Ranks 62nd in the world for “Happiness” for US Citizens Under 30
Below excerpt reported by Yang. M. (2024, Mar 24). US falls out of world’s top 20 happiest countries list for the first time ever. The Guardian
‘Among people below the age of 30 from 2021 to 2023, the US ranks 62nd in “happiness”.’
‘The US has fallen out of the top 20 happiest countries to live in for the first time ever, according to a new report.The US has fallen out of the top 20 happiest countries to live in for the first time ever, according to a new report.’
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UAE Attracts Record 23 Billion in FDI. Is UAE Number 1 in Global Startup Funding?
Global Trade
UAE Attracts Record 23 Billion in FDI. Is UAE Number 1 in Global Startup Funding?
Below excerpt reported by Jooris. L. (2024, January 4). 2023 UAE Startup Ecosystem Overview. Dubai Chronicle
UAE’s achievement of attracting a record US$23 billion in Foreign Direct Investment (FDI) in 2023′
‘The UAE’s start-up ecosystem has flourished remarkably, particularly in acclaimed business centers such as the Dubai Multi-Commodities Center (DMCC). During the first half of the year, the DMCC experienced a surge in growth, welcoming 1,456 new companies and elevating its total membership to an impressive count of over 23,000.’
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TikTok ban contributes to larger trend of xenophobia
Culture, Race, and Happiness Index
TikTok ban contributes to larger trend of xenophobia
Below excerpt and title of the article reported by Muthukrishnan. S. (2023, February 14). TikTok ban contributes to larger trend of xenophobia. The Daily Texan
A 2020 study by Stop AAPI Hate found that “one in 10 tweets by politicians about Asian Americans included racist or stigmatizing language.”
This trend of xenophobia was reinforced through Texas’ TikTok ban.
“This (rise in xenophobia against Chinese individuals) is nothing new, it’s part of a much longer history of the U.S. approaching China as a major global competitor,” said Laurel Mei-Singh, assistant professor of Asian American Studies and geography.
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The Tesla CEO accuses the media of being racist towards Whites and Asians.
Culture, Race, and Happiness Index
The Tesla CEO accuses the media of being racist towards Whites and Asians.
Below excerpt and title of the article reported by Olinga. L. (2023, February 27). Elon Musk Takes a Stand on Racism. The Street
‘Elon Musk, the billionaire CEO of Tesla (TSLA) , is not afraid to meddle in all subjects.’
‘Sometimes he even gives the impression of seeking to intervene in the most burning issues, those which divide society and often call for close attention to the facts presented and to be wary of possible misinformation.’
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What Elon Musk Gets Right About Anti-Asian Bias In Elite College Admissions
Culture, Race, and Happiness Index
What Elon Musk Gets Right About Anti-Asian Bias In Elite College Admissions
Below excerpt and title of the article reported by Rim. C. (2023, February 27). What Elon Musk Gets Right About Anti-Asian Bias In Elite College Admissions. Forbes
‘Anti-Asian bias is an open secret at elite institutions—Elon Musk is ready to talk about it.’
‘When I applied to Yale University as a high school senior, I was told to expect rejection. There were plenty of reasons that I should not have held my breath—eighteen students in my graduating class were vying for the limited seats at Yale, my GPA was a less-than-stellar approximate 3.7 unweighted, and my test scores were lower than those of all of the other applicants from my high school. Rather than focusing all my effort on academics throughout high school, I had devoted my time to founding a nonprofit organization aimed at promoting bystander intervention and bringing emotional intelligence (EQ) into the classroom. Following my authentic passions allowed me to make meaningful change in my community, but it did not yield stand-out grades and test scores. In addition, no one from my school had been accepted to Yale within the past decade.’
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(US) Rep. Cori Bush pushes for federal reparations…14 trillion for Black Americans to “close the racial wealth gap,” according to Rep. Bush.
Culture, Race, and Happiness Index
(US) Rep. Cori Bush pushes for federal reparations…14 trillion for Black Americans to “close the racial wealth gap,” according to Rep. Bush.
Below excerpt reported by Peterson. B. (2023, May 20). Rep. Cori Bush says $14 trillion reparations bill will ‘eliminate the racial wealth gap’. ABC News
US) Rep. Cori Bush says $14 trillion reparations bill will ‘eliminate the racial wealth gap’
The bill notes the White House and Congress were built by enslaved Black people.
‘The United States has a moral and legal obligation to provide reparations for the enslavement of Africans and its lasting harm on the lives of millions of Black people in the United States,” H.R. 414 declares.’
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TikTok Finds a New Defender: Elon Musk
Technology
TikTok Finds a New Defender: Elon Musk
Below excerpt and title of the article reported by Zeff. M. (2024, March 12). TikTok Finds a New Defender: Elon Musk. Yahoo Tech
‘Elon Musk spoke out against the United States’ potential ban on TikTok, owned by China-based ByteDance, in a tweet on Tuesday, saying the law is all about “censorship and government control.” Musk has previously expressed discomfort with TikTok’s addictive algorithm, but this stance fits with his “free speech absolutism”—at least, when that’s what he wants you to think.’
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Former (US) Treasury Secretary Steve Mnuchin says he’s going to put together investor group to buy TikTok
Technology
Former (US) Treasury Secretary Steve Mnuchin says he's going to put together investor group to buy TikTok
Below excerpt and title of the article reported by Daily Herald. (2024, March 14). Former Treasury Secretary Steve Mnuchin says he’s going to put together investor group to buy TikTok. Daily Herald
Former Treasury Secretary Steven Mnuchin says he’s going to put together an investor group to buy TikTok, a day after the House of Representatives passed a bill that would ban the popular video app in the U.S. if its China-based owner doesn’t sell its stake.
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Trump says a TikTok ban would empower Meta, slams Facebook as ‘enemy of the people’
Technology
Trump says a TikTok ban would empower Meta, slams Facebook as ‘enemy of the people’
Below excerpt and title of the article reported by Browne. R. (2024, March 12). Trump says a TikTok ban would empower Meta, slams Facebook as ‘enemy of the people’. CNBC
Donald Trump, the presumptive Republican presidential nominee and former U.S. president, told CNBC he fears that banning Chinese-owned social app TikTok would only serve to empower Facebook, which he labelled an “enemy of the people.
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Indian born American US Government Representative Raja Krishnamoorthi is one of the sponsors of the Bill to ban TikTok.
Political
Indian born American US Government Representative Raja Krishnamoorthi is one of the sponsors of the Bill to ban TikTok.
Here are some of the current and past initiatives of US rep Raja Krishnamoorthi,
Source: Gallagher, Bipartisan Coalition Introduce Legislation to Protect Americans From Foreign Adversary Controlled Applications, Including TikTok
“Rep Raja Krishnamoorthi has previously also called for the US and India to leverage their strength to provide viable alternative to Chinese authoritarian model.“
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US Rep Jamaal Bowman reported to describe TikTok Ban as “Racist”
Culture, Race, and Happiness Index
US Rep Jamaal Bowman reported to describe TikTok Ban as “Racist”
Below excerpt article reported by Nava. V. (2023, March 22). Rep. Jamaal Bowman blasts efforts to ban TikTok as ‘racist’. New York Post
During a press conference outside the Capitol Building, Bowman (D-NY), flanked by dozens of social media influencers, as well as Rep. Robert Garcia (D-Calif.) and Mark Pocan (D-Wisc.), urged lawmakers and the public to “not be racist towards China and express our xenophobia when it comes to TikTok.
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Will Humans replace computer storage systems?
Technology / Biology
Will Humans replace computer storage systems?
Source reported by Ionkov. L., & Settlemyer. B. (2021, May 28). DNA: The Ultimate Data-Storage Solution. Scientific American
DNA used as a storage system can replace all current storage systems in the world. Technically it could be possible that every person can allocate a portion of their DNA to store there own data and possibly the worlds data. Does this mean humans will eventually replace computers or can we synthetic and biological systems both co-evolve ?
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As the US Government Reaches $34 Trillion Dollars in Debt, Homelessness in America Reaches Record High (650K reported).
Financial
As the US Government Reaches $34 Trillion Dollars in Debt, Homelessness in America Reaches Record High (650K reported).
Below excerpt article reported by Ludden. J. (2023, December 15). Homelessness in the U.S. hit a record high last year as pandemic aid ran out. NPR
Homelessness in America spiked last year, reaching a record high, according to an annual count that provides a snapshot of one night in January. The report, released today by the department of Housing and Urban development, found more than 650,000 people were living in shelters or outside in tents or cars. That’s up a whopping 12% from the year before.
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Housing is now unaffordable for a record half of all U.S. renters, study finds
Financial
Housing is now unaffordable for a record half of all U.S. renters, study finds
Below excerpt article reported by Ludden. J. (2024, January 25). Housing is now unaffordable for a record half of all U.S. renters, study finds. NPR
As the Harvard report notes, U.S. homelessness rates hit a record high last year. The Biden administration and housing experts link that squarely to a severe housing shortage that has helped drive up prices.
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Biden and Trump Clinch Presidential Nominations
Political
Biden and Trump Clinch Presidential Nominations
Below excerpt article reported by Rinaldi. O., & Navarro. A. (2024, March 13). Biden and Trump clinch 2024 presidential nominations, teeing up general election rematch. CBS News
CBS News estimates that Trump will be the presumptive 2024 Republican nominee after his win in Washington, amassing the 1,125 delegates needed to clinch the GOP nomination. He also won the day’s Georgia and Mississippi primaries, CBS News projected.
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20K US Scientists of Chinese Descent Leave US (75% increase)
Culture, Race, and Happiness Index
20K US Scientists of Chinese Descent Leave US (75% increase)
Below excerpt and title of the article reported by Trager. R. (2023, August 2). Scientists of Chinese descent leaving the US at an accelerating pace. Chemistry World
20,000 scientists of Chinese descent who began their careers in the US have left for other countries, including China, between 2010 and 2021, a team at Princeton, Harvard and the Massachusetts Institute of Technology has found. ‘The migration has increased during those 12 years, from 900 scientists in 2010 to 2621 in 2021, with an accelerated departure rate (75% higher) in the last three years … coinciding with the launch of the China Initiative in 2018…
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33% Indians in America say they’d like to return (to India), says Pew research
Culture, Race, and Happiness Index
33% Indians in America say they'd like to return (to India), says Pew research
Below excerpt and title of the article reported by Phadnis. A. (2023, July 19). 33% Indians in America say they’d like to return, says Pew research. Business Standard
Seventy-six per cent of Indian American adults have a favourable opinion of India but when asked whether they would ever move to India, 65 per cent Indian adults say they would rather stay in the US, compared with 33 per cent who say they would like to move back.
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China Creates 27 Billion Dollar Fund for Chip Manufacturing
BRICS vs. G7 / Technology
China Creates 27 Billion Dollar Fund for Chip Manufacturing
Below excerpt article reported by Tanna. S. (2024, March 8). China prepares $27 billion chip fund to counter growing US restrictions, Bloomberg reports. Reuters
China prepares $27 bln chip fund to counter growing US restrictions, Bloomberg reports
China is in the process of raising more than $27 billion for its largest chip fund to date to accelerate the development of cutting-edge technologies to counter a U.S. campaign to thwart its rise, Bloomberg News reported on Friday.
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US Intelligence warns: China now leads world in Nuclear and Conventional hypersonic missiles…Russia has also deployed three types of ultra-high-speed maneuvering weapons that can also be equipped with nuclear or conventional warheads and fired the first hypersonic weapon in combat…
BRICS vs. US / Political
US Intelligence warns: China now leads world in Nuclear and Conventional hypersonic missiles…Russia has also deployed three types of ultra-high-speed maneuvering weapons that can also be equipped with nuclear or conventional warheads and fired the first hypersonic weapon in combat…
Below excerpt article reported by Adam. R. (2024, March 13). China now leads world in nuclear and conventional hypersonic missiles, US intelligence warns. News Net Daily
China now leads world in nuclear and conventional hypersonic missiles, US intelligence warns
Jeffrey McCormick, an intelligence analyst at the (US) Defense Intelligence Agency’s National Air and Space Intelligence Center, said China has “significantly” tested and built hypersonic missiles over the past two decades for nuclear and conventional strike systems against the United States and that it now had “first place in the world”. first hypersonic arsenal.
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Tether’s Offshore Chinese Yuan Stablecoin: An Alternative to USDT for BRICS Nations?
BRICS vs. G7 / Cryptocurrency
Tether’s Offshore Chinese Yuan Stablecoin: An Alternative to USDT for BRICS Nations?
Source reported by Omogiafo. H. (2024, March 6). Top 10 Cryptocurrencies by Market Cap. Koody
Will Tether’s Chinese Yuan Stablecoin Replace USDT in Market Cap as BRICS Nations Reduce Reliance on US Dollars? Is This a Solution for BRICS Nations Who Do Not Want to Trade in US Dollars or Stablecoins Backed by US Dollars?
In 2024, BRICS nations can now use a Chinese Yuan Stablecoin instead of stablecoins backed by USD. Created by Tether, the creator of USDT, BRICS nations and allies have an alternative stablecoin to use that is backed by the Chinese Yuan.
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Report BRICS (nations) to Completely Ditch the US Dollar in 3 Years
BRICS vs. G7
Report BRICS (nations) to Completely Ditch the US Dollar in 3 Years
Below excerpt article reported by Dsouza. V. (2023, October 10). BRICS: Malaysia Announces To Eliminate the US Dollar For Global Trade. Dsouza
“Malaysia Follows BRICS Footsteps To Stop Using the US Dollar”
“Inspired by BRICS, Malaysia is following similar ideas to ensure the decline of the US dollar. The Ringgit could stabilize if the country pushes it forward in the international markets for trade deals worth billions.”
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Malaysian Government approves new Crypto Exchange to operate and starts plan to eliminate dependency on US dollar.
Cryptocurrency
Malaysian Government approves new Crypto Exchange to operate and starts plan to eliminate dependency on US dollar.
Below excerpt article reported by Blockhead. (2024, February 29). Homegrown Startup Torum Wins Provisional License for Crypto Exchange in Malaysia. Blockhead
Homegrown Startup Torum Wins Provisional License for Crypto Exchange in Malaysia
This approval from the Securities Commission Malaysia not only solidifies Torum’s position in the digital asset exchange market but also underscores Malaysia’s growing significance as a hub for cryptocurrency adoption and fintech innovation.
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Iceland declared safest country In the world to visit. US ranked 133rd. Singapore ranked 6th and, Japan ranked 9th (The Global Peace Index)
Culture, Race, Happiness Index
Iceland declared safest country In the world to visit. US ranked 133rd. Singapore ranked 6th and, Japan ranked 9th (The Global Peace Index)
Below excerpt article reported by Times of India. (2023, November 5). Iceland has been declared 2023’s safest country to visit!. Times of India
celand has been ranked as ‘The Safest Country in the World 2023’ at the Global Peace Index (GPI).”
“It is a yearly ranking conducted by the Institute of Economics and Peace to determine the safest nations in the world. The GPI measures the safety of countries on several criteria. It includes the degree of crime, violence, terrorism, and global conflicts.
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420,000 Norwegians (10% of the adult population) own cryptocurrencies
Cryptocurrency
420,000 Norwegians (10% of the adult population) own cryptocurrencies
Below excerpt and title of article reported by Lunde. V. (2022, Mar 30). 420,000 Norwegians (10% of the adult population) own cryptocurrencies. K33 Research
This survey conducted by Arcane Research and EY finds that 10% of all Norwegian adults own cryptocurrency, while female crypto adoption in Norway has seen sharp growth over the last year.
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According to CoinMarketCap, March 11th 2024, BTC hits record 71k USD, Crypto Market Cap reaches 2.68 Trillion (approx. 300 billion added in 1 week)
Cryptocurrency
According to CoinMarketCap, March 11th 2024, BTC hits record 71k USD, Crypto Market Cap reaches 2.68 Trillion (approx. 300 billion added in 1 week)
Today’s Cryptocurrency Prices by Market Cap
The global crypto market cap is $2.68T, a 1.62% increase over the last day.
The total crypto market volume over the last 24 hours is $132.03B, which makes a 41.66% increase. The total volume in DeFi is currently $12.06B, 9.13% of the total crypto market 24-hour volume. The volume of all stable coins is now $118.5B, which is 89.75% of the total crypto market 24-hour volume.
Bitcoin’s dominance is currently 52.17%, an increase of 0.37% over the day.
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(1.6 Trillion USD) Norwegian Wealth Fund Transitions Asia Hub to Singapore, Closes Shanghai Office
Wealth
(1.6 Trillion USD) Norwegian Wealth Fund Transitions Asia Hub to Singapore, Closes Shanghai Office
Below excerpt article reported by Hubbis. (2023, September 11). Norwegian Wealth Fund Transitions Asia Hub to Singapore, Closes Shanghai Office. Hubbits
Over time, the Singapore office has progressively emerged as the central hub overseeing the entire Asian region, equipped to manage all operational functions, inclusive of those for China.
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According to SWFI Organization the top 14 out of 15 Sovereign Wealth Funds are dominated by Asia and the Middle East…however Scandinavian Country Norway ranks number 1 with approx 1.6 trillion USD. The highest US fund ranks 20th.
Wealth
According to SWFI Organization the top 14 out of 15 Sovereign Wealth Funds are dominated by Asia and the Middle East…however Scandinavian Country Norway ranks number 1 with approx 1.6 trillion USD. The highest US fund ranks 20th.
Source: Top 100 Largest Sovereign Wealth Fund Rankings by Total Assets – SWFI
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Norways Sovereign Wealth Fund (largest in the world at 1.6 trillion USD), posts worlds largest return…
Wealth
Norways Sovereign Wealth Fund (largest in the world at 1.6 trillion USD), posts worlds largest return…
Below excerpt article reported by Meredith. S. (2024, January 30). World’s largest sovereign wealth fund posts record $213 billion profit, boosted by tech stocks. CNBC
Norway’s giant sovereign wealth fund on Tuesday reported record profit of 2.22 trillion kroner ($213 billion) in 2023, supported by robust returns on its investments in technology stocks.
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Reported March 10th: Did EFTA (Iceland, Norway, Switzerland, Liechtenstein) choose BRICS Nation India over Europe and the US for Strategic Investment of 100 billion USD over next 15 years?
Investment
Reported March 10th: Did EFTA (Iceland, Norway, Switzerland, Liechtenstein) choose BRICS Nation India over Europe and the US for Strategic Investment of 100 billion USD over next 15 years?
Below excerpt article reported by Laskar. R. H. (2024, Mar 10). India, EFTA states sign trade deal to create resilient supply chains. Hindustand Times
(Iceland, Norway, Switzerland, Liechtenstein) states have committed to invest $100 billion in India over a period of 15 years.
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Japan and China sell approx. 50 billion worth of US stocks. According to US Treasury date “Biggest sale since 1977”
Financial
Japan and China sell approx. 50 billion worth of US stocks. According to US Treasury date “Biggest sale since 1977”
Below excerpt article reported by Kondo. M. (2024, Febuary 15). Japan, China Funds Sold Record Amount of US Stocks Last Yea. BNN Bloomberg
Japanese investors dumped a net $30.8 billion worth of US shares last year, while their Chinese counterparts sold $19.7 billion in the same period, according to data released by the US Department of the Treasury on Thursday. That was the biggest disposal in data going back to 1977.
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Reports US Senator wants 1.5 Trillion Military Budget 2024…
Political
Reports US Senator wants 1.5 Trillion Military Budget 2024...
Below excerpt article reported by Harris. B. (2024, Mar 7). A nearly $1 trillion defense budget faces headwinds at home and abroad. Defense News
“The U.S. should lead in the Indo-Pacific,” he said. “The U.S. should lead in Europe. The U.S. should lead in the Middle East. This is our official strategy. The U.S. should seek to win, not just manage, against China and Russia. The U.S. should deter Iran and North Korea and terrorist groups.”
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Russia Delivers 200,000 Tonnes of Grain Free to Africa?
BRICS vs. G7
Russia Delivers 200,000 Tonnes of Grain Free to Africa?
Below excerpt article reported by World Grain. (2023, August 11). Russia, China expand agricultural trade. World-Grain.com
Russia, China expand agricultural trade
Approx Russian Gift Cost to Africa = The purchase was divided into five shipments of 40,000 tonnes from the supplier Grain Flower at a price of $339 per ton
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Russia & China expand Agricultural trade with 26 Billion dollar Contract for Russian Grain?
BRICS vs. G7
Russia & China expand Agricultural trade with 26 Billion dollar Contract for Russian Grain?
Below excerpt article reported by World Grain. (2023, August 11). Russia, China expand agricultural trade. World-Grain.com
Russia, China expand agricultural trade. Russian grain exporting firm, signed a $26 billion contract to supply China with 70 million tonnes of grain, legumes and oilseeds over the next 12 years.
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Russia surpasses Canada to become world largest fertilizer exporter?
BRICS vs. G7
Russia surpasses Canada to become world largest fertilizer exporter?
Below excerpt article reported by Hurst. D. (2023, September 30). Russia Becomes World’s Largest Fertilizer Supplier. Sputnic India
Russia has overtaken top suppliers like Canada, China, and the USA to become the world’s top exporter of fertilizers in the first half of the financial year 2022-23.
Russia has emerged as the world’s top global supplier of fertilizers with $20.65 billion in exports in the first half of the financial year 2022-23, according to the latest report of the International Fertilizer Association (IFA)
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Have companies and government policy makers located in BRICS Nations UAE and China Forged a Groundbreaking Partnership for Blockchain and Crypto Innovation? Could this partnership potentially replace Traditional Service Providers Visa and AWS in the Region?
BRICS vs. G7 / Cryptocurrency
Have companies and government policy makers located in BRICS Nations UAE and China Forged a Groundbreaking Partnership for Blockchain and Crypto Innovation? Could this partnership potentially replace Traditional Service Providers Visa and AWS in the Region?
A Memorandum of Understanding (MOU) is reported to have been signed that could see the potential of Rak Dao’s Regulation Clarity with Tencent’s Power, Security, and Scaling.
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China leading US in technology race in all but a few fields, (US) thinktank finds
BRICS vs. G7 / Technology
China leading US in technology race in all but a few fields, (US) thinktank finds
Below excerpt article reported by Hurst. D. (2023, Mar 2). China leading US in technology race in all but a few fields, thinktank finds. The Guardian
Year-long study finds China leads in 37 of 44 areas it tracked, with potential for a monopoly in areas such as nanoscale materials and synthetic biology. “The United States and other western countries are losing the race with China to develop advanced technologies and retain talent, with Beijing potentially establishing a monopoly in some areas, a new report has said.”
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Saudi Arabia tops global crypto growth volume with $31BN in transactions in 1 year
BRICS vs. G7 / Cryptocurrency
Saudi Arabia tops global crypto growth volume with $31BN in transactions in 1 year
Below excerpt article reported by Helou. E. A. (2023, September 27). Saudi tops global crypto growth volume with $31 bn in transactions in 1 year. Middle East Economy
A 12 percent surge in crypto volume between 2022 and 2023. “According to a recent report from blockchain analysis firm Chainalysis, Saudi Arabia has emerged as the country with the highest growth volume of cryptocurrency transactions worldwide over a 12-month period. The Middle East region, along with other countries, is witnessing increased adoption of decentralized finance (DeFi), enabling individuals to transact digital assets like cryptocurrencies without relying on traditional intermediaries.
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BRICS Nation “UAE’s Fintech Market Rises 92% amidst Global Funding Slowdown
BRICS vs. G7
BRICS Nation "UAE's Fintech Market Rises 92% amidst Global Funding Slowdown
Below excerpt article reported by Chmiel. D. (2024, January 10). UAE’s Fintech Market Rises 92% amidst Global Funding Slowdown. Finance Magnates
Despite the global fintech funding slowdown, the United Arab Emirates was a standout performer. The UAE saw fintech investment skyrocket 92% in 2023 thanks to the growing adoption of digital banking and fintech tools in the region. This was the first time the UAE made the top 10 list of most well-funded fintech hubs.
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Singapore Tops List of Crypto-Friendly Investment Migration Destinations
Cryptocurrency
Singapore Tops List of Crypto-Friendly Investment Migration Destinations
Below excerpt article reported by Pratap. J. (2023, September 6). Singapore Tops List of Crypto-Friendly Investment Migration Destinations. Crypto News
Singapore has emerged as the most preferred destination for crypto millionaires seeking secure and tax-friendly havens to protect their digital assets, according to the recently released Crypto Adoption Index by Henley & Partners.
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Singapore Cryptocurrency Consumer Adoption and Perception
Cryptocurrency
Singapore Cryptocurrency Consumer Adoption and Perception
Below excerpt article reported by Devanesan. J. (2024, February 19). Over Half of Surveyed Singapore Users Own Cryptocurrency. Fintech Singapore
Singapore Cryptocurrency Consumer Adoption and Perception. “A recent research collaboration between Seedly and Coinbase, known as The Pulse of Crypto Singapore Report, provides a revealing look into how adults in Singapore perceive and engage with the cryptocurrency space. Based on a survey of 2,006 Singapore-based adults, a striking 57% reported owning cryptocurrency, signaling a robust consumer adoption rate.”
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Clear regulations in Singapore enable Singaporean and Asian institutional investors to increase investments in Singapore-registered crypto companies for 2024.
Cryptocurrency
Clear regulations in Singapore enable Singaporean and Asian institutional investors to increase investments in Singapore-registered crypto companies for 2024.
Below excerpt article reported by Huang. C. (2023, December 14). Institutional investors in Singapore plan to increase crypto investments in 2024: Survey. The Straitstimes
Institutional investors in Singapore plan to increase crypto investments in 2024: Survey. “SINGAPORE – Institutional investors in Singapore view cryptocurrency as a long-term investment, and a majority of those polled have plans to increase their holdings in the new year, according to a survey by Swiss crypto bank Sygnum.
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Clear regulations in Hong Kong contribute to the 2024 success of Hong Kong crypto companies, attracting investments from BRICS nations like China.
Cryptocurrency
Clear regulations in Hong Kong contribute to the 2024 success of Hong Kong crypto companies, attracting investments from BRICS nations like China.
Below excerpt article reported by Huang. C. (2023, December 14). Institutional investors in Singapore plan to increase crypto investments in 2024: Survey. The Straitstimes
Institutional investors in Singapore plan to increase crypto investments in 2024: Survey. “SINGAPORE – Institutional investors in Singapore view cryptocurrency as a long-term investment, and a majority of those polled have plans to increase their holdings in the new year, according to a survey by Swiss crypto bank Sygnum.
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UAE’s RAK DAO Creates Digital Asset Free Zone
BRICS vs. G7
UAE's RAK DAO Creates Digital Asset Free Zone
Below excerpt article reported by Thuo. C. (2023, October 19). UAE’s Ras Al Khaimah launches free zone for digital assets and Web3. Coin Journal
UAE’s Ras Al Khaimah launches free zone for digital assets and Web3.
• Ras Al Khaimah, UAE, has introduced RAK DAO, a free zone dedicated to digital assets and Web3.
• RAK DAO will offer entrepreneurs 100% ownership of their businesses and a unique regulatory framework.
• The UAE continues to attract global crypto and Web3 firms through progressive regulatory measures.’
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UAE Spearheads MENA Crypto with Regulation
BRICS vs. G7
UAE Spearheads MENA Crypto with Regulation
Below excerpt article reported by Chainalysis Team. (2023, September 26). Middle East & North Africa: Crypto Takes Hold as UAE Leads the Way in Promoting Regulatory Clarity. Chainalysis
Middle East & North Africa: Crypto Takes Hold as UAE Leads the Way in Promoting Regulatory Clarity
‘An estimated $389.8 billion in on-chain value received between July 2022 and June 2023’
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UAE Crypto companies celebrate the increase in the cryptocurrency market cap.
BRICS vs. G7 / Cryptocurrency
UAE Crypto companies celebrate the increase in the cryptocurrency market cap.
Source by Visual Assets Regulatory Authority – Public record of Licensed Virtual Asset Service Providers
UAE provides clear rules and registration for crypto exchanges and dealers. Crypto adoption and economy thrives in UAE.
Introduction: The UAE, the country’s proactive stance on blockchain adoption and the establishment of designated free zones for blockchain and cryptocurrency activities have attracted investment and talent to the region. Companies operating within these free zones benefit from streamlined and clear regulatory processes and incentives, fostering a conducive environment for growth and innovation. Rak Dao in particular is a crypto and blockchain dedicated free trade zone that hosts some of the most successful and innovative blockchain and crypto companies.
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Apple hit with $2 billion EU antitrust fine in Spotify case
Technology
Apple hit with $2 billion EU antitrust fine in Spotify case
Below excerpt article reported by Chee. F. Y. (2024, March 5). Apple hit with $2 billion EU antitrust fine in Spotify case. Reuters
“The European Commission charged Apple last year with preventing Swedish streaming service Spotify (SPOT.N) and others from informing users of payment options outside its App Store, following a 2019 complaint by Spotify.”
“Brussels on Monday fined Apple (AAPL.O) tab 1.84 billion euros ($2 billion) for thwarting competition from music streaming rivals via restrictions on its App Store, the iPhone maker’s first ever penalty for breaching EU rules.”
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(US) Army Sees (Approximate 43%) Sharp Decline in White (European American) Recruits.
Culture, Race, and Happiness Index
(US) Army Sees (Approximate 43%) Sharp Decline in White (European American) Recruits.
Below excerpt article reported by Beynon. S. (2024, January 10). Army Sees Sharp Decline in White Recruits. Military.com
The Army’s recruiting of white soldiers has dropped significantly in the last half decade, according to internal data reviewed by Military.com, a decline that accounts for much of the service’s historic recruitment slump that has become the subject of increasing concern for Army leadership and Capitol Hill.
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Why falling confidence in America’s military is creating ‘a real crisis’
Political
Why falling confidence in America’s military is creating ‘a real crisis’
Below excerpt article reported by Mitchell. E. (2023, August 4). Why falling confidence in America’s military is creating ‘a real crisis’. The Hill
“The public’s confidence in the U.S. military is the lowest it’s been in decades, and it’s doing no favors to the armed forces’ current recruitment struggles.”
“Thanks to a combination of culture war issues, fresh reports of sexual assaults and suicides within the ranks, and a disastrous end to the Afghanistan War two years ago, Americans’ perception of the armed forces has taken a hit, according to experts and recent polls.”
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Crypto refugees: UAE faces ‘historic opportunity’ as US crackdown on Binance, Coinbase fuels exodus
BRICS vs. G7 / Cryptocurrency
Crypto refugees: UAE faces ‘historic opportunity’ as US crackdown on Binance, Coinbase fuels exodus
Below excerpt article reported by Issa. T. M. (2023, June 5). Crypto refugees: UAE faces ‘historic opportunity’ as US crackdown on Binance, Coinbase fuels exodus. Arabian Business
SEC crackdown on Binance and Coinbase prompts crypto firms to eye UAE as regulatory safe haven, say experts. “The US Securities and Exchange Commission (SEC)’s crackdown on Binance and Coinbase risks a global exodus of crypto “regulation refugees,” many of who are poised to move to the UAE, industry experts told Arabian Business.
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Crypto Exchanges providing Billions of Dollars in Crypto Assets to US Customers reportedly told to cease trading and or leave the US… Singapore, UAE, and Hong Kong Expected to be the beneficiary
BRICS vs G7 / Cryptocurrency
Crypto Exchanges providing Billions of Dollars in Crypto Assets to US Customers reportedly told to cease trading and or leave the US… Singapore, UAE, and Hong Kong Expected to be the beneficiary
Below excerpt article reported by Yang. Y. (2023, June 5). SEC’s Regulatory Net Now Covers $115 Billion of Crypto After Lawsuit Against Binance. Bloomberg
SEC’s Regulatory Net Now Covers $115 Billion of Crypto After Lawsuit Against Binance
“The list of digital tokens deemed as unregistered securities by the Securities and Exchange Commission now spans over $120 billion of crypto after the US agency’s lawsuits against Binance Holdings Ltd. and Coinbase Global Inc. “
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Crypto investment leaves US, Citing US Regulatory Uncertainty
BRICS vs. G7 / Cryptocurrency
Crypto investment leaves US, Citing US Regulatory Uncertainty
Below excerpt article reported by Morrow. A. (2023, June 6). US crypto investors are left with few options. CNN Business
Murky regulations. “The lack of (US) regulatory clarity is a common complaint among (US) crypto firms, which argue that the United States is pushing the industry overseas, and ultimately ceding authority to foreign regulators that have established clearer guidelines.
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US Coinbase CEO: US SEC (government) asked for trading halt in everything except Bitcoin – FT
BRICS vs. G7 / Cryptocurrency
US Coinbase CEO: US SEC (government) asked for trading halt in everything except Bitcoin - FT
Below excerpt article reported by Investing.com. (2023, July 31). Coinbase CEO: SEC asked for trading halt in everything except Bitcoin – FT. Yahoo Finance
Coinbase CEO: SEC asked for trading halt in everything except Bitcoin – FT. “The U.S. Securities and Exchange Commission requested that Coinbase (NASDAQ:COIN) cease trading in all digital tokens except for Bitcoin prior to filing a lawsuit against the cryptocurrency exchange, according to the Financial Times.” “In an interview, Coinbase Chief Executive Brian Armstrong told the paper that the SEC “said…we believe every asset other than bitcoin is a security.” Armstrong added that the regulators then asked that Coinbase delist all of the more than 200 tokens it offers to customers, apart from Bitcoin.
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‘Crypto is dead in America’ thanks to regulators, says (US Billionaire) investor Chamath Palihapitiya, who once thought Bitcoin could hit $200,000
BRICS vs. G7 / Cryptocurrency
'Crypto is dead in America’ thanks to regulators, says (US Billionaire) investor Chamath Palihapitiya, who once thought Bitcoin could hit $200,000
Below excerpt article reported by Gordon. N. (2023, April 25). ‘Crypto is dead in America’ thanks to regulators, says investor Chamath Palihapitiya, who once thought Bitcoin could hit $200,000. Yahoo Finance
‘Crypto is dead in America’ thanks to regulators, says investor Chamath Palihapitiya, who once thought Bitcoin could hit $200,000. “The United States authorities have firmly pointed their guns at crypto,” Palihapitiya said on an episode of the All-In podcast, which he co-hosts, released on Saturday.
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Former President of the US Stock Exchange chooses Hong Kong over US for new Crypto Exchange
BRICS vs. G7 / Cryptocurrency
Former President of the US Stock Exchange chooses Hong Kong over US for new Crypto Exchange
Source reported by Shukla. S. and Ghosh. S. (2023, September 13). Crypto seeks lifeline in Asia as U.S. crackdown spurs more layoffs. The Spoken Man Review
“We will not engage in commercial activity in the US…the environment is not terribly friendly” Is this a warning sign the Crypto and Blockchain industry in the US is dead and BRICS Nations and allies will dominate the future of financial innovation? The former President of the US Stock Exchange, now the founder of a Crypto Exchange, has made a resolute decision: “We will not engage in commercial activity in the US… the environment in the US is not terribly friendly. It’s frustrating.” Instead, he will pivot towards seeking a license in Hong Kong. Does highlight failure of the US Government to create clear laws for crypto innovation and be a warning that the crypto industry in the US cannot exist with the current policies?
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US Treasury releases report of 175 trillion dollar deficit.
Financial
US Treasury releases report of 175 trillion dollar deficit.
Source reported by Gordon, J. (2024, March 2). Medicare and Social Security are both in crisis as underfunding hits $175 TRILLION – almost double the economic output of every country on Earth. Daily Mail
Medicare and Social Security are facing a substantial underfunding crisis, amounting to $175 trillion according to a recent report by the U.S. Treasury
It means the sustainability of these programs for the current generation of American children is at risk unless significant changes are implemented
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Is Singapore Leading the World as a Destination for Ultra-Rich Individuals Capitalizing on BRICS Opportunities?
BRICS vs. G7
Is Singapore Leading the World as a Destination for Ultra-Rich Individuals Capitalizing on BRICS Opportunities?
Singapore Reaches $4.9 Trillion Assets Under Management (Source: Monetary Authority of Singapore) According to the Economic Development Board of Singapore, there are now 1,100 family offices in Singapore. Additionally, 59% of family offices in Asia are located in Singapore. As a city, Singapore ranks as the 5th wealthiest in the world and is home to 41 billionaires. The country also boasts nearly 270,000 millionaires, and projections suggest that Singapore could have 437,000 millionaires by 2025. Furthermore, over 13% (~700,000) of Singapore’s 5.5 million population are expected to be millionaires by 2030, solidifying Singapore’s position as Asia’s millionaire capital by that time
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Singapore and UAE Financial center collaborate on Fintech and Digitalization. UAE is Singapores Largest Middle East Trading Partner
BRICS vs. G7
Singapore and UAE Financial center collaborate on Fintech and Digitalization. UAE is Singapores Largest Middle East Trading Partner
Are UAE, Singapore, and Hong Kong truly well-positioned to benefit from BRICS members as financial and business collaboration centers? Considering their strategic geographic locations, robust financial infrastructure, and commitment to innovation and collaboration, have these countries already come together and are they working to drive sustainable growth, promote financial inclusion, and shape the future of finance. It’s a question worth serious attention. Here are some resources we have put together for you to consider and make the judgment if this has already taken place…
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BRICS Member, UAE, “Becomes #1 in The World for Crypto Adoption”. Is UAE now the world leader in Crypto Innovation and Blockchain Regulation? Does this mean BRICS will have the most innovative and secured financial system in the world?
Cryptocurrency
BRICS Member, UAE, “Becomes #1 in The World for Crypto Adoption”. Is UAE now the world leader in Crypto Innovation and Blockchain Regulation? Does this mean BRICS will have the most innovative and secured financial system in the world?
Source article reported by Gupta, S. (2023, June 13). The UAE Takes On Yet Another Crown By Ranking #1 In Crypto Owners. Lovin Dubai.
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Huawei Nearlink Replaces Bluetooth
Technology
Huawei Nearlink Replaces Bluetooth
Below excerpt article reported by Castro. (2023, August 5). Huawei Nearlink launched, new wireless technology far ahead of Bluetooth. Huewei Community
Huawei Nearlink has the advantages of 60% lower power consumption, 6 times higher speed, 1/30 delay, and 10 times higher number of network connections.
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Total Wealth of Brics Block Estimated to now Eclipse 45 Trillion – Top 10 Richest Brics cities- MENA Nations Joins Brics
BRICs vs. G7
Total Wealth of Brics Block Estimated to now Eclipse 45 Trillion - Top 10 Richest Brics cities- MENA Nations Joins Brics
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Below excerpt article reported by. Henley & Partners (2024), The BRICS Wealth Report: Challenging the Global Economic Order.
The total investable wealth currently held in the BRICS bloc amounts to USD 45 trillion and its millionaire population is expected to rise by 85% over the next 10 years, according to the inaugural BRICS Wealth Report, published today by international investment migration advisory firm Henley & Partners in partnership with global wealth intelligence firm New World Wealth.
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Senate passes $95 billion package with aid for Ukraine and Israel
Political
Senate passes $95 billion package with aid for Ukraine and Israel
Below excerpt article reported by Foran et al., CNN Political (2024), Senate passes $95 billion package with aid for Ukraine and Israel, setting up showdown with the House.
‘Trump has also indicated he would encourage Russian aggression against any NATO member country that doesn’t pay enough.’
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Reports suggesting “No US Dollar Mechanism being built for participants of BRICS 27 Trillion dollar Market.”
BRICs vs. G7
Reports suggesting "No US Dollar Mechanism being built for participants of BRICS 27 Trillion dollar Market."
Below excerpt reported by Walker. E. (2024, January 29). BRICS: Russia Building New Payment System Without U.S. Dollar. The Bit Times
“BRICS: Russia Confirms Building a New Payment System With No U.S. Dollar Mechanism.
BRICS member Russia confirmed on Sunday that Kremlin is working towards building a new payment system without incorporating the U.S. dollar. Russia aims to build a new payment mechanism to settle cross-border transactions with BRICS and other developing countries bypassing the US dollar…”
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Tucker Carlson Shocked- “Moscow so much nicer than any city in my country (US)”
Quality of Life
Tucker Carlson Shocked- “Moscow so much nicer than any city in my country (US)”
Below excerpt article by Mastrangelo, The Hill (2024), Tucker Carlson: Moscow ‘so much nicer than any city in my country’
Pundit Tucker Carlson called Moscow “nicer” than any city in the United States and praised Russian President Vladimir Putin’s governing of the massive world superpower.
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US Government Website reports US ranked 13th in the world for quality of infrastructure (Cities).
Political
US Government Website reports US ranked 13th in the world for quality of infrastructure (Cities).
Below excerpt article by [The Whitehouse (2021).
How neglected is America’s infrastructure Public investment in U.S. infrastructure as a share of GDP has fallen by more than 40 percent since the 1960s. The World Economic Forum now ranks the United States 13th when it comes to the overall quality of infrastructure.
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British EV maker, (Backed by Black Rock) once valued at $13 billion, has gone into bankruptcy protection without making any sales.
Financial
British EV maker, (Backed by Black Rock) once valued at $13 billion, has gone into bankruptcy protection without making any sales.
Below excerpt article reported by Prakash, P. (2024, February 6). British EV maker, once valued at $13 billion, has gone into bankruptcy protection without making any sales—after getting kicked out of Nasdaq. Yahoo Finance
The latest EV company to fold is Arrival, a U.K.-headquartered startup that’s close to a decade old. The company announced that its British arm was entering administration (similar to bankruptcy protection in the U.S.) on Monday, just a week after it received notice from Nasdaq, the U.S.’s tech-heavy index, that its trading would be suspended.
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Historic Inflows: Spot Bitcoin ETFs Attract Over $1 Billion in a Single Week
Cryptocurrency
Historic Inflows: Spot Bitcoin ETFs Attract Over $1 Billion in a Single Week
Below excerpt article reported by Hakki, T (2024, February 13). Historic Inflows: Spot Bitcoin ETFs Attract Over $1 Billion in a Single Week, Cryptonews.
Bitcoin’s recent inflows have contributed towards pulling the entire market back up to a capitalization of nearly $2 trillion. Bitcoin accounts for around half of that as it closes in on its former all-time high market cap of $1.28 trillion
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Wall Street ETFs Are Buying 12.5x More Bitcoin Per Day Than The Network Can Produce
Cryptocurrency
Wall Street ETFs Are Buying 12.5x More Bitcoin Per Day Than The Network Can Produce
Below excerpt article from CNBC Squawk Box (2024, February 12). Bitcoin has become Wall Street’s favorite asset, says Anthony Pompliano
“Anthony Pompliano, Pomp Investments founder, joins ‘Squawk Box’ to discuss the spot bitcoin ETF market one month after launch, state of bitcoin at large, and more.”
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China EV Company HiPhi wins $5.6 Billion Deal contract with Saudi Arabia…And it has a Super Car, 0-100 KMH in 2 seconds
Technology
China EV Company HiPhi wins $5.6 Billion Deal contract with Saudi Arabia...And it has a Super Car, 0-100 KMH in 2 seconds
Below excerpt article reported by Reuters (2023, June 12). Saudi Arabia signs $5.6 billion deal with Chinese parent of high-end EV brand HiPhi, CNBC
Saudi Arabia signs $5.6 billion deal with Chinese parent of high-end EV brand HiPhi. Saudi Arabia will develop domestic EV Cars together.
Part of the Saudi plan is to develop a domestic electric vehicle manufacturing industry. Human Horizons manufactures electric vehicles under the HiPhi brand in China.
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China catching US as Global Defense Contractor with forth year of growth, now approx 108 billion in Sales
Military
China catching US as Global Defense Contractor with forth year of growth, now approx 108 billion in Sales
Below excerpt reported by Choi. S. H. (2023, December 4). China’s top defence contractors saw income grow for fourth year in a row, SIPRI global top 100 list shows. South China Morning Post
China’s top defence contractors saw income grow for fourth year in a row, SIPRI global top 100 list shows
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5 US VC firms investing billions in Chinese AI, military and tech firms: CCP select committee
Global Trade
5 US VC firms investing billions in Chinese AI, military and tech firms: CCP select committee
Below excerpt reported by Revell. E. (2024, February 9). US VC firms investing billions in Chinese AI, military and tech firms: CCP select committee. Fox Business
The 5 American VC firms in the report invested over $1.9B in Chinese AI companies linked to the CCP. Source: FOX Business
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China’s Total Middle East and Africa Trade Up To US$1.63 Trillion.
Global Trade
China’s Total Middle East and Africa Trade Up To US$1.63 Trillion.
Below excerpt reported by Middle East Briefing. (2023, July 24). China’s Total Middle East and Africa Trade Up To US$1.63 Trillion. Middle East Briefing
China-Middle East trade volume nearly doubled over the 2017 to 2022 period, from USD262.5 billion to USD507.2 billion, according to Chinese Customs data. China’s 2022 trade with the Gulf Cooperation Council (GCC) nations reached just shy of US$1 trillion…
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US losing Billions in Tourism, Saudi Arabia biggest gainer
Tourism
US losing Billions in Tourism, Saudi Arabia biggest gainer
Below excerpt reported by Smith. L. (2024, January 15). U.S. Travel Industry Struggles to Recover: Ranks 17th Globally in New Report. Business Traveller
US Losing Billions in Tourism: Ranks 17th out of 18 Major Global Destinations. Saudi Arabia biggest gainer ranking now 13th.
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Russia Becomes #1 in Global Agriculture and Fertilizer Exports
Brics vs. G7
Russia Becomes #1 in Global Agriculture and Fertilizer Exports
While Western Famers Protest Government Policies, Russia becomes #1 Global supplier of Agriculture and Fertilizer 2023
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US Representative Ilhan Omar states that El Salvador President Nayib Bukele is a threat to democracy
Political
US Representative Ilhan Omar states that El Salvador President Nayib Bukele is a threat to democracy
Below excerpt reported by Aitken. P. / Fox News. (2024, February 3). ‘Squad’ member Ilhan Omar in spat with president of former ‘murder capital’ ahead of his re-election. Fox News
“….Ilhan Omar in spat with president of former ‘murder capital’ ahead of his re-election”
“The opposition will be able to achieve its true and only plan, to free the gang members and use them to return to power,” Bukele warned in a video that quickly spread across social media and news outlets in El Salvador.
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Elon Musk’s Neuralink Has Implanted Its First Chip in a Human Brain. What’s Next?
Technology
Elon Musk’s Neuralink Has Implanted Its First Chip in a Human Brain. What’s Next?
Below excerpt reported by Guarino. B. (2024, January 30). Elon Musk’s Neuralink Has Implanted Its First Chip in a Human Brain. What’s Next?. Scientific American
Billionaire technologist Elon Musk announced this week that his company Neuralink has implanted its brain-computer interface into a human for the first time. The recipient was “recovering well,” Musk wrote on his social media platform X (formerly Twitter) on Monday evening, adding that initial results showed “promising neuron spike detection”—a reference to brain cells’ electrical activity.
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Zuckerberg says sorry for Meta harming kids—but rejects payments to families
Social Media
Zuckerberg says sorry for Meta harming kids—but rejects payments to families
Below excerpt reported by Belanger. A. (2023, February 1). Zuckerberg says sorry for Meta harming kids—but rejects payments to families. Ars Technica
During a Senate Judiciary Committee hearing weighing child safety solutions on social media, Meta CEO Mark Zuckerberg stopped to apologize to families of children who committed suicide or experienced mental health issues after using Facebook and Instagram.
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Trump proposes building 10 ‘freedom cities’ and flying cars
Political
Trump proposes building 10 ‘freedom cities’ and flying cars
Below excerpt reported by Bradner. E. et al. (2023, March 3). Trump proposes building 10 ‘freedom cities’ and flying cars. CNN Politics
Former President Donald Trump on Friday proposed building up to 10 futuristic “freedom cities” on federal land, part of a plan that the 2024 presidential contender said would “create a new American future” in a country that has “lost its boldness.”
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Trump’s team reached out to RFK Jr. ‘early on’ about serving as VP: ‘Wouldn’t write it off’
Political
Trump’s team reached out to RFK Jr. ‘early on’ about serving as VP: ‘Wouldn’t write it off’
Below excerpt reported by Levine. J. (2024, January 27). Trump’s team reached out to RFK Jr. ‘early on’ about serving as VP: ‘Wouldn’t write it off’. New York Post
People close to former President Trump made preliminary overtures to Robert F. Kennedy about the possibility of serving as his running mate, The Post has learned.
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Tesla Declines 200 Billion Dollars in One Month
Financial
Tesla Declines 200 Billion Dollars in One Month
Below excerpt reported by Vivek. S. (2024, January 26). Tesla’s market value drops $80 billion in a day. Here’s why. India Today
Short sellers targeting Tesla have reaped considerable profits, making it the most lucrative U.S. short trade this year, according to data and analytics firm Ortex.
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Russia listed first in military power by U.S. News. The Strongest Military Beating US. Is this true? Please comment.
Political
Russia listed first in military power by U.S. News. The Strongest Military Beating US. Is this true? Please comment.
Source: U.S. News & World Report. These Countries Have the Strongest Militaries.
US News is headquartered in Washington, D.C. with advertising, sales and corporate offices in New York and New Jersey.
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Amazon is taking half of each sale from its merchants
Global Trade
Amazon is taking half of each sale from its merchants
Below excerpt reported by Soper. S. / Bloomberg. (2023, February 14). Amazon is taking half of each sale from its merchants. The Economic Times
Grappling with slowing sales growth and rising costs, Amazon.com Inc. is squeezing more money from the nearly 2 million small businesses that sell products on its sprawling online marketplace.
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Egypt Mega City New Capital
Megacity
Egypt Mega City New Capital
Below excerpt reported by Werr. P. (2024, January 4). Egypt plans expansion of new capital as first residents trickle in. Reuters
Egypt is preparing to spend billions doubling the size of a lavish new capital it is building in the desert 45 km (28 miles) east of Cairo, where the first residents are trickling in, the head of the company overseeing the project said.
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75 Percent of New Amazon Sellers Based in China. 45 Percent of the Top Sellers On Amazon Were Based In China
Global Trade
75 Percent of New Amazon Sellers Based in China. 45 Percent of the Top Sellers On Amazon Were Based In China
Below excerpt reported by Germain. J. M. (2021, March 30). Made in China, Sold on Amazon: The Numbers are Skyrocketing. Ecommerce Times
China-based sellers represented 75 percent of new sellers on Amazon in January, according to a report by Marketplace Pulse. This marks a significant increase from 47 percent in the previous year.
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Amazing Engineering, How China Built Egyptian New Capital in Desert, Megacity Grows in the Desert
Megacity
Amazing Engineering, How China Built Egyptian New Capital in Desert, Megacity Grows in the Desert
Source: Future Now / Youtube. (2022). Amazing Engineering, How China Built Egyptian New Capital in Desert, Megacity Grows in the Desert.
Amazing Engineering, How China Built Egyptian New Capital in Desert, Megacity Grows in the Desert The Chinese construction company that’s building Egypt’s New Administrative Capital in a desert outside of Cairo, regularly posts photos of the progress that’s being accomplished.
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70 percent drop in Chinese tourism to US from four years ago, translating to more than $20 billion in lost revenue.
Tourism
70 percent drop in Chinese tourism to US from four years ago, translating to more than $20 billion in lost revenue.
Below excerpt reported by Booker. A. (2023, November 21). US tourist destinations wonder: when will Chinese tourists return?. JingDaily
This year, fewer than 850,000 Chinese tourists are expected to visit the US, a drop of nearly 70 percent from four years ago, translating to more than $20 billion in lost revenue.
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A Pentagon official said he resigned because US cybersecurity is no match for China, calling it ‘kindergarten level’
Security
A Pentagon official said he resigned because US cybersecurity is no match for China, calling it 'kindergarten level'
Below excerpt reported by Bostock. B. (2021, October 11). A Pentagon official said he resigned because US cybersecurity is no match for China, calling it ‘kindergarten level’. Business Insider
A senior cybersecurity official at the Pentagon said he quit because he thought it was impossible for the US to compete with China on AI.
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US Hollywood movie revenues fall approx 800 percent in China
Media
US Hollywood movie revenues fall approx 800 percent in China
Below excerpt reported by Zhang Yunlong. Z. (2023, December 29). China Focus: Top 10 earners of 2023 all domestic films, Hollywood’s appeal weakening. Xinhua
To date, around 83 percent of the 2023 Chinese box office revenue is contributed by domestic films, according to the film data platform Beacon. This year’s top 10 box office earners are all domestic films, and the American film “Fast X” ranks 12th with a box office revenue of 980 million yuan, the highest-ranking foreign film.
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Russia, World’s Biggest Supplier of Organic Food?
Global Trade
Russia, World's Biggest Supplier of Organic Food?
Below excerpt reported by Herh. M. (2015). Russia, World’s Biggest Supplier of Organic Food?. Sustainable Business
10 years ago, Russia imported almost half its food and depended on imports, but now it is an exporter – almost $20 billion dollars last year. That’s 25% more than Russia’s revenue from selling military equipment and a third of gas exports, reports RT.
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Russia: Full Ban on Food with GMOs
Global Trade
Russia: Full Ban on Food with GMOs
Below excerpt reported by Roudik. P. (2016, July 1). Russia: Full Ban on Food with GMOs. Library of Congress
On June 29, 2016, the Federation Council of the Russian Federation Federal Assembly (the upper chamber of the legislature) adopted the Federal Law on Amending Legislative Acts of the Russian Federation in Regard to Improvement of State Control in the Field of Genetic Engineering
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Almost half of the tap water in the US is contaminated with chemicals known as “forever chemicals”
Health
Almost half of the tap water in the US is contaminated with chemicals known as “forever chemicals"
Below excerpt reported by Christensen. J. (2024, March 22). Nearly half of the tap water in the US is contaminated with ‘forever chemicals,’ government study finds. CNN Business
There are more than 12,000 types of PFAS, according to the National Institutes of Health, but this study looked at only 32 of the compounds.
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Is Dubai the new New York?
Financial
Is Dubai the new New York?
Below excerpt reported by Jafar. B. (2023, September 29). Forty-five hedge funds want regulatory approval in race to Dubai. Finance News London
Dubai wants to become a global hedge fund hub as star portfolio managers continue to flock to the emirate.
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China has quantum computers that are 1 million times more powerful than Google’s
Technology
China has quantum computers that are 1 million times more powerful than Google’s
Below excerpt reported by Xiaoci. D. (2021, October 28). China has quantum computers that are 1 million times more powerful than Google’s. TechHQ – Technology and business.
‘One can calculate a complex algorithm in one millisecond – the same calculation would take the world’s most powerful conventional computers 30 trillion years to complete.’
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Chinese Scientists Are 3D Printing Ears and Livers – With Living Tissue
Technology
Chinese Scientists Are 3D Printing Ears and Livers – With Living Tissue
Below excerpt reported by J.T. Quigley. (2013, August 15). Chinese Scientists Are 3D Printing Ears and Livers – With Living Tissue. The Diplomat
Researchers in China have been able to successfully print human organs using specialized 3D printers that use living cells instead of plastic.
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Culture, Race, and Happiness Index (CRHI)
What is CRHI Index?
Culture, Race, and Happiness Index (CRHI) measures various factors related to culture, race, and happiness to assess the well-being and satisfaction of different demographic groups within a society. While specific metrics may vary, some common metrics used in the CRHI may include:
1. Subjective Well-being: This includes measures of life satisfaction, happiness, and overall well-being reported by individuals within different cultural and racial groups.
2. Economic Indicators: Metrics such as income levels, employment rates, poverty rates, and access to economic opportunities can provide insights into the economic well-being of different demographic groups.
3. Health Outcomes: Indicators related to physical and mental health, including life expectancy, disease prevalence, access to healthcare, and quality of healthcare services.
4. Educational Attainment: Measures of educational attainment, literacy rates, school enrollment rates, and access to quality education among different cultural and racial groups.
5. Social Inclusion: Indicators related to social cohesion, social capital, community engagement, and inclusivity within society.
6. Discrimination and Inequality: Metrics assessing the prevalence of discrimination, racism, prejudice, and systemic inequalities experienced by different cultural and racial groups.
7. Cultural Identity: Measures of cultural preservation, cultural participation, and the strength of cultural identity within different communities.
8. Environmental Factors: Indicators related to environmental quality, access to natural resources, and the impact of environmental factors on the well-being of different demographic groups.
These metrics are used to provide a comprehensive understanding of the cultural, racial, and happiness dimensions of well-being within a society and to identify areas for improvement and policy intervention.
The Culture, Race, and Happiness Index guidelines were originally created by the Sustainable Development Solutions Network (SDSN), which is a global initiative launched by the United Nations in 2012 to promote sustainable development.
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