Several papers are leading on a claim from Israel that Iran has developed ballistic missiles that could be capable of striking London. The Sunday edition of the Telegraph quoted the Israel Defence Forces (IDF), which said that the "Iranian terrorist regime poses a global threat" and pointed to Iran's attempted attack on a US-UK military base in Diego Garcia earlier this week as evidence that it co...
Several papers are leading on a claim from Israel that Iran has developed ballistic missiles that could be capable of striking London. The Sunday edition of the Telegraph quoted the Israel Defence Forces (IDF), which said that the "Iranian terrorist regime poses a global threat" and pointed to Iran's attempted attack on a US-UK military base in Diego Garcia earlier this week as evidence that it could now hit London, Paris and Berlin. The paper notes that the British public were not immediately informed of the attempted strike "despite the significance", and says the government has still not confirmed the timing of the foiled attack.
Morgan Stanley just published a deep-dive note on Palantir Technologies (PLTR), and the message for investors is more nuanced than the rating suggests. The firm is not bullish enough to upgrade. But it is more bullish than it was. That gap is exactly what investors need to understand. Analysts ...
Morgan Stanley just published a deep-dive note on Palantir Technologies (PLTR), and the message for investors is more nuanced than the rating suggests. The firm is not bullish enough to upgrade. But it is more bullish than it was. That gap is exactly what investors need to understand. Analysts ...
Beijing has urged global commitment to opening up, while pledging to create more blue ocean markets in a world engulfed by protectionism. Delivering the opening address to the China Development Forum on Sunday, Chinese Premier Li Qiang said, “protectionism is by no means a panacea for solving problems”, instead calling for opening up and technological progress to drive new market growth. “[Now,] p...
Beijing has urged global commitment to opening up, while pledging to create more blue ocean markets in a world engulfed by protectionism. Delivering the opening address to the China Development Forum on Sunday, Chinese Premier Li Qiang said, “protectionism is by no means a panacea for solving problems”, instead calling for opening up and technological progress to drive new market growth. “[Now,] power politics is running rampant, acting with impunity; at the same time, calls to uphold fairness and justice continue to grow louder,” Li said, without naming any specific countries. Advertisement “These seemingly contradictory phenomena reflect, at a deeper level, clashes in ideas and perceptions. In particular, divergences in how we understand some fundamental issues will profoundly shape how countries and nations interact with one another.” Apple CEO Tim Cook, as a representative for foreign attendees, will also deliver a speech at the opening ceremony. Advertisement
After surging to new all-time highs in 2025, the cryptocurrency market has cooled significantly in 2026. The CoinMarketCap 20 Index is down more than 30% since it was established as a way to track the 20 largest cryptocurrencies last November. But those wild swings are the price crypto investors pay in exchange for the potential of outstanding long-term returns. Right now could be a great buying o...
After surging to new all-time highs in 2025, the cryptocurrency market has cooled significantly in 2026. The CoinMarketCap 20 Index is down more than 30% since it was established as a way to track the 20 largest cryptocurrencies last November. But those wild swings are the price crypto investors pay in exchange for the potential of outstanding long-term returns. Right now could be a great buying opportunity for investors, and one analyst sees a leading cryptocurrency climbing more than 1,300% from its current price within the next decade. Bitwise Chief Investment Officer Matt Hougan thinks Bitcoin (BTC 2.51%) can reach $1 million based on "reasonably conservative assumptions." Bitcoin's main use case When Bitcoin was first developed, it was seen as a sort of digital cash. It had several advantages over actual cash or the traditional banking system, and the invention of the blockchain solved the challenges faced by previous digital cash implementations. But newer cryptocurrencies built on the blockchain technology introduced with Bitcoin are much better for actual transactions and contracts these days. Bitcoin's best use now, Hougan argues, is as a store of value similar to gold. That's why many now call it digital gold instead of digital cash. Hougan says that determining the value of Bitcoin is simple. If you can estimate the size of the market for store-of-value assets and Bitcoin's share of that market, you can get the total market cap of Bitcoin. Divide that by 21 million, the terminal supply of Bitcoin, and that's your price per coin. Hougan points out the market is worth just under $38 trillion today, with $36 trillion of that held in gold. But he expects the total market to expand to about $121 trillion in 10 years. That's based on gold's historical returns since 2004. At that level, Bitcoin would need to capture just 17% of the total store-of-value market for coin prices to reach $1 million. Expand CRYPTO : BTC Bitcoin Today's Change ( -2.51 %) $ -1775.78 Cu...
New York City Is Spending $81,000 Per Year On Each Homeless Person New York City spent about $368 million last year on services for people living on the streets, which equals roughly $81,000 per unsheltered person, according to the NY Post . Spending through the city’s New York City Department of Homeless Services street outreach programs has increased sharply over the past several years. In 2019,...
New York City Is Spending $81,000 Per Year On Each Homeless Person New York City spent about $368 million last year on services for people living on the streets, which equals roughly $81,000 per unsheltered person, according to the NY Post . Spending through the city’s New York City Department of Homeless Services street outreach programs has increased sharply over the past several years. In 2019, the city spent about $102 million on these services, averaging around $28,000 per unsheltered individual. By the 2025 fiscal year, the average cost had risen to about $81,000 per person, close to the city’s median household income of $81,228. Unsheltered homeless individuals are those who regularly live outside rather than in shelters or permanent housing. During this same period, the number of people living on the streets grew by 26 percent, rising from 3,588 in 2019 to 4,505 in 2025. However, spending increased far faster than the population itself. Chart: Charlie Smirkley The NY Post writes that the rise in street homelessness has been linked partly to the COVID-19 pandemic and increased migration. Still, the report noted that the reasons spending rose so quickly are not fully clear. One possible factor is the expansion of low-barrier shelters and drop-in centers that provide services such as meals, showers, and temporary sleeping spaces, allowing people to come and go freely. Financial records do not clearly separate how much funding goes to these specific programs. The report says the city should examine more closely how these funds are being used and whether the programs are successfully moving people into shelters or permanent housing. Spending on street homelessness programs is expected to increase further, reaching about $456 million by fiscal year 2026. Overall homelessness in New York City has also increased significantly. The city’s total homeless population is now around 140,000 people, about 78 percent higher than in 2019. Officials note that roughly 97 perce...
Key Points This cryptocurrency could see a huge surge in value without a significant increase in market share. If this key market continues to grow as it has for 20 years, one crypto could be poised to benefit. Growing ETF adoption could unlock a lot of value. 10 stocks we like better than Bitcoin › After surging to new all-time highs in 2025, the cryptocurrency market has cooled significantly in ...
Key Points This cryptocurrency could see a huge surge in value without a significant increase in market share. If this key market continues to grow as it has for 20 years, one crypto could be poised to benefit. Growing ETF adoption could unlock a lot of value. 10 stocks we like better than Bitcoin › After surging to new all-time highs in 2025, the cryptocurrency market has cooled significantly in 2026. The CoinMarketCap 20 Index is down more than 30% since it was established as a way to track the 20 largest cryptocurrencies last November. But those wild swings are the price crypto investors pay in exchange for the potential of outstanding long-term returns. Right now could be a great buying opportunity for investors, and one analyst sees a leading cryptocurrency climbing more than 1,300% from its current price within the next decade. Bitwise Chief Investment Officer Matt Hougan thinks Bitcoin (CRYPTO: BTC) can reach $1 million based on "reasonably conservative assumptions." Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Bitcoin's main use case When Bitcoin was first developed, it was seen as a sort of digital cash. It had several advantages over actual cash or the traditional banking system, and the invention of the blockchain solved the challenges faced by previous digital cash implementations. But newer cryptocurrencies built on the blockchain technology introduced with Bitcoin are much better for actual transactions and contracts these days. Bitcoin's best use now, Hougan argues, is as a store of value similar to gold. That's why many now call it digital gold instead of digital cash. Hougan says that determining the value of Bitcoin is simple. If you can estimate the size of the market for store-of-value assets and Bitcoin's share of that market, you can get the total market cap of Bitcoin. Di...
Chinese tea brands are accelerating their expansion into South Korea, driven by intensifying competition at home and rising demand for healthier beverages in a market long dominated by coffee. Chagee, known for its milk tea and branding inspired by traditional Chinese culture, said it planned to open three stores in Seoul in the second quarter, marking its first expansion into East Asia outside Ch...
Chinese tea brands are accelerating their expansion into South Korea, driven by intensifying competition at home and rising demand for healthier beverages in a market long dominated by coffee. Chagee, known for its milk tea and branding inspired by traditional Chinese culture, said it planned to open three stores in Seoul in the second quarter, marking its first expansion into East Asia outside China. The company operated 7,338 teahouses as of the end of September and has built a significant presence across Southeast Asia, including Indonesia, Malaysia, the Philippines, Vietnam, Singapore and Thailand. In the third quarter of 2025, its overseas gross merchandise value rose 75.3 per cent year on year to 300.3 million yuan (US$43.6 million), according to its latest available data. Advertisement More Koreans, aided by Beijing’s visa-free policies, are travelling to China where they become familiar with tea-based beverages infused with fruit, juices, vegetables and dairy products, prepared freshly on site. In 2017, Gong Cha Korea acquired its Taiwanese parent company, making the brand Korean-owned. Photo: Shutterstock Images Choi Yong-hee, a 34-year-old graduate student based in the university district of Sinchon, where Chagee plans to open one of its outlets, is among those consumers. He first encountered the brand during a family trip to Shanghai last October.
For decades, parts of Hong Kong’s border like the Frontier Closed Area have been shrouded in mystery, their natural landscapes preserved as much by policy as by their remote geography. Recent plans to relax restrictions – including discussions around the Mai Po closed area – and the establishment of the Robin’s Nest Country Park signal a new era of accessibility. Having co-managed the Mai Po natur...
For decades, parts of Hong Kong’s border like the Frontier Closed Area have been shrouded in mystery, their natural landscapes preserved as much by policy as by their remote geography. Recent plans to relax restrictions – including discussions around the Mai Po closed area – and the establishment of the Robin’s Nest Country Park signal a new era of accessibility. Having co-managed the Mai Po nature reserve for decades, the World Wide Fund for Nature Hong Kong (WWF) views this shift with both hope and caution. We applaud the intent to connect people with nature; the creation of Robin’s Nest, for instance, creates a vital ecological corridor linking with Shenzhen’s Wutong Mountain, a significant win for biodiversity. But as we turn our attention to the Inner Deep Bay area, we must sound a note of prudence: not all nature is created equal and not all landscapes are suited for unfettered footfall. Advertisement Mai Po and the Inner Deep Bay are not merely another scenic getaway. They are a wetland of international importance designated under the Ramsar Convention. This is not a bureaucratic label; the Ramsar designation is a global recognition of an ecosystem with a distinct conservation function. While country parks were often established for recreation, Mai Po is a reserve. Its primary objective is, and must remain, biodiversity conservation, particularly for migratory waterbirds. Its secondary, but equally vital, objective is environmental education: to foster public understanding and support for wetland conservation through responsible, low-impact access. In this sense, Mai Po and a country park serve different purposes; like apples and oranges, difficult to compare directly. This leads us to the core question: what are the risks and benefits of promoting tourism here? Hikers walk and take pictures inside the Lin Ma Hang Mine at Robin’s Nest Country Park on April 23, 2025. Photo: Elson Li First, let us address a misconception. The proposed relaxation of the Closed A...
Key Points Retiring on the later side could relieve a lot of financial pressure. It could lead to larger Social Security checks. You might also be able to delay RMDs. The $23,760 Social Security bonus most retirees completely overlook › For many people, retiring early is the ultimate dream. You can ditch the daily alarm clock, reclaim your time, and do all of the things you were too busy for while...
Key Points Retiring on the later side could relieve a lot of financial pressure. It could lead to larger Social Security checks. You might also be able to delay RMDs. The $23,760 Social Security bonus most retirees completely overlook › For many people, retiring early is the ultimate dream. You can ditch the daily alarm clock, reclaim your time, and do all of the things you were too busy for while you were working. But while retiring early is certainly appealing, there are benefits to retiring late. Here are a few you should know about. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » 1. A bigger financial safety net Working a few extra years doesn't just mean earning more income and boosting your retirement savings. It also means leaving your existing nest egg untapped longer. And that could make a huge difference in your finances overall. Let's say that instead of retiring at 67 with $1.4 million, you decide to retire at 72 instead. By delaying that milestone five years and allowing your portfolio to keep growing at a conservative 5% return, you're looking at gaining close to $400,000 extra, bringing your balance to about $1.8 million. That's a pretty substantial bump. 2. Larger Social Security checks There's no rule stating you must claim Social Security as soon as you retire. It's more than possible to end your career at age 65, for example, but delay your Social Security claim until age 70. But it can be tough to hold off on Social Security when you're no longer earning an income. Retiring late could make it easier to wait on Social Security, leaving you with larger monthly checks for the rest of your life. Remember, for each year you delay your claim past full retirement age, your benefits grow 8%, up until age 70. 3. The option to potentially put off RMDs If you have your retirement nest egg...
The major indexes broke long-term support last week as oil prices and bond yields soar. President Trump alternated between ramping up and "winding down" the Iran war.
The major indexes broke long-term support last week as oil prices and bond yields soar. President Trump alternated between ramping up and "winding down" the Iran war.