At least one person killed as Moscow launches drone strikes on energy facilities and apartments Today’s talks in Brussels come as the three-day ceasefire between Russia and Ukraine announced by president Donald Trump last week ended with a fresh wave of Russian strikes. AFP reported that Moscow launched a wave of more than 200 attack drones that damaged energy facilities and apartment buildings, k...
At least one person killed as Moscow launches drone strikes on energy facilities and apartments Today’s talks in Brussels come as the three-day ceasefire between Russia and Ukraine announced by president Donald Trump last week ended with a fresh wave of Russian strikes. AFP reported that Moscow launched a wave of more than 200 attack drones that damaged energy facilities and apartment buildings, killing at least one person. “Attack drones were shot down in the Dnipro, Zhytomyr, Mykolaiv, Sumy, Kharkiv, and Chernihiv regions, as well as in Kyiv and the region. Energy facilities, apartment buildings, and a kindergarten were damaged, and there was also a strike on an ordinary civilian locomotive on the railway... People have been reported injured as a result of these strikes. And, unfortunately, there are fatalities.” “ Russia must end this war, and it is Russia that must take the step toward a real, lasting ceasefire. Until that happens, sanctions against Moscow are necessary and must remain in place and be strengthened. It is important that there be no easing of pressure and that partners do not stand aside, but continue working together for security, justice, and a reliable peace.” Continue reading...
Billionaire investor Warren Buffett has been able to achieve considerable returns for decades, due to his stock-picking abilities and finding quality businesses to buy. Buffett has been able to do this by focusing on what he knows best and staying within what he refers to as his "circle of competence." His gains may have been even more impressive, however, had he ventured into faster-growing busin...
Billionaire investor Warren Buffett has been able to achieve considerable returns for decades, due to his stock-picking abilities and finding quality businesses to buy. Buffett has been able to do this by focusing on what he knows best and staying within what he refers to as his "circle of competence." His gains may have been even more impressive, however, had he ventured into faster-growing businesses; Buffett has largely avoided the tech sector . And he admits that there are areas where younger investors may have an advantage over him. Image source: Getty Images. Continue reading
Media Spreads Hantavirus Hysteria In Attempt To Save Disgraced WHO The establishment media has been drumming up fear after a recent outbreak of Hantavirus on a cruise liner traveling from Argentina to West Africa. The Guardian has used the opportunity to assert that the US is currently ill equipped to deal with future pandemic threats, largely because of Donald Trump (of course) and the dramatic U...
Media Spreads Hantavirus Hysteria In Attempt To Save Disgraced WHO The establishment media has been drumming up fear after a recent outbreak of Hantavirus on a cruise liner traveling from Argentina to West Africa. The Guardian has used the opportunity to assert that the US is currently ill equipped to deal with future pandemic threats, largely because of Donald Trump (of course) and the dramatic US exit from the now disgraced World Health Organization. Is Hantavirus a serious danger to the world, or, is it another hyped up virus like Covid being used to trigger public hysteria? And if it is being hyped, who (or WHO) stands to benefit? For decades the WHO constructed its image as a global angel of benevolence; the primary line of defense against what they said was the inevitable invasion of a population rending plague. However, when the time finally came in the form of a mutated Coronavirus (Covid), they dropped the ball, and evidence suggests they may have done it deliberately. During the initial outbreak in China, the WHO echoed CCP propaganda suggesting that human-to-human contact was unlikely and, knowingly or unknowingly, aided China in hiding details behind the outbreak. Details surrounding the involvement of the Wuhan Institute of Virology, the largest dangerous disease lab in Asia, were actively dismissed (or suppressed). Director-General Tedros Adhanom Ghebreyesus even praised China's "transparency". The WHO then set up a joint task force to determine the origins of Covid, only to let the Chinese dominate the investigation and lead it away from the activities at the Level 4 lab in Wuhan. The Chinese wanted to push the theory of animal-to-animal mutation instead of the gain of function research that was ongoing at the lab (partially funded by US interests in the Obama Administration). Today, evidence overwhelmingly suggests that Covid originated in the Wuhan Lab. In January 2025, the CIA assessed that a lab-related origin is more likely than natural spillover...
The US and Chinese economies may still be on their way to decoupling but both are drawing strength from the same source. Just as an AI-driven boom in business investment bolstered US economic growth at the start of this year, Goldman Sachs Group Inc. and Nomura Holdings Inc. estimate China’s overseas sales of semiconductors, computers and other products closely related to artificial intelligence a...
The US and Chinese economies may still be on their way to decoupling but both are drawing strength from the same source. Just as an AI-driven boom in business investment bolstered US economic growth at the start of this year, Goldman Sachs Group Inc. and Nomura Holdings Inc. estimate China’s overseas sales of semiconductors, computers and other products closely related to artificial intelligence accounted for about half of China’s export growth in April. In total, Chinese shipments abroad climbed 14% from a year ago to a monthly record of $359 billion , meaning companies were reeling in roughly $500 million on average every hour. Chip exports surged 100% and sales of automatic data processing equipment and parts, which include laptops, tablets and their components, jumped 47%, the latest customs data showed. AI is also transforming the flow of goods into China, with its purchases of foreign high-tech products soaring 42%. President Donald Trump , who will arrive in Beijing this week for his long-awaited summit with Xi Jinping , has encouraged the investment bonanza that’s now juicing China’s exports and lifting other major Asian economies from South Korea to Taiwan. This year alone, giant US tech firms including Alphabet Inc. and Meta Platforms Inc. plan to pour as much as $725 billion into capital expenditures, primarily on AI data center equipment. An economic divorce between the US and China is still in full swing, with tech curbs, sanctions and other hurdles in place. While Trump’s tariffs have come down from as high as 145% last year, the US share of China’s total exports has reached a historic low of near 9% , about half its peak in 2017–2018. But the explosion of trade around AI reveals the extent of integration that still pulls the world’s two biggest economies closer through the global tech supply chain. With the US leading all countries in AI investment , China has emerged as the world’s largest supplier of AI-related goods last year, according to research...
(Bloomberg) -- The US and Chinese economies may still be on their way to decoupling but both are drawing strength from the same source.Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyEpstein's Black Card: How He Moved Women With His AmexModi Asks Indians to Stop Buying Gold, Hitting Jewelry StocksJu...
(Bloomberg) -- The US and Chinese economies may still be on their way to decoupling but both are drawing strength from the same source.Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyEpstein's Black Card: How He Moved Women With His AmexModi Asks Indians to Stop Buying Gold, Hitting Jewelry StocksJust as an AI-driven boom in business investment bolstered US economic growth at the start of this yea
Thomas Barwick/DigitalVision via Getty Images The Trump administration has delayed its plan to ease tariffs on beef imports as it finalizes details, The Wall Street Journal reported, citing a White House official. President Trump was expected to sign two executive orders on Monday to address high beef prices. The first would've suspended beef-exporting countries' annual tariff-rate quota, which ap...
Thomas Barwick/DigitalVision via Getty Images The Trump administration has delayed its plan to ease tariffs on beef imports as it finalizes details, The Wall Street Journal reported, citing a White House official. President Trump was expected to sign two executive orders on Monday to address high beef prices. The first would've suspended beef-exporting countries' annual tariff-rate quota, which applies a higher levy after a certain level of imports is reached. The second executive order would've increased support and eased regulations for American cattle producers. The administration planned to direct the Small Business Administration to increase loans and access to capital for ranchers, reduce protections for gray and Mexican wolves that prey on livestock, and ease other rules like requiring electronic ear tags on livestock. Cattle ranchers slammed the administration's plan to suspend the tariff-rate quota, which would've enabled an influx of cheap imports and hurt their business. "Temporarily increasing the quantity of imported beef, which has already contributed to the contraction of the U.S. cattle herd, will likely delay expansion of the U.S. cattle herd unless the White House commits to reestablishing more meaningful tariff rate quotas 2-3 years from now," said Bill Bullard, CEO of trade group Ranchers-Cattlemen Legal Action Fund. "Producers need confidence that their expansion-related investment won't be undercut again by cheaper imports," he added. Beef prices remain high after U.S. cattlemen slashed their herds to the lowest level in 75 years amid persistent drought. Notably, the average price of ground beef reached an all-time high in March. More on beef industry Tyson Foods: Momentum Builds, But Macro Uncertainty Keeps Me Cautious JBS: Shares Rise 26% This Year, But The Main Trigger Is Yet To Come Trump administration set to cut beef tariffs as prices continue to surge DOJ confirms antitrust investigation into meatpacking industry
格隆汇5月12日｜昨日收涨5.66%的索尼(SONY.US)今日美股盘前续涨2.58%，报21.84美元。有市场消息称，Sony Music Publishing已达成协议，正式收购黑石旗下的Recognition Music Group全部音乐曲库。此前有消息人士称，索尼将与新加坡主权财富基金GIC共同组建合资企业完成此次收购，交易价格预计在35亿至40亿美元之间。(格隆汇)
格隆汇5月12日｜昨日收涨5.66%的索尼(SONY.US)今日美股盘前续涨2.58%，报21.84美元。有市场消息称，Sony Music Publishing已达成协议，正式收购黑石旗下的Recognition Music Group全部音乐曲库。此前有消息人士称，索尼将与新加坡主权财富基金GIC共同组建合资企业完成此次收购，交易价格预计在35亿至40亿美元之间。(格隆汇)
The European Central Bank will continue analyzing the economy before deciding next month whether to raise interest rates, but policymakers must take action if the Iran war jeopardizes price stability, according to Governing Council member Joachim Nagel . Having discussed a hike in borrowing costs at the last meeting in April, the ECB now needs to see how big and lasting an influence the fighting i...
The European Central Bank will continue analyzing the economy before deciding next month whether to raise interest rates, but policymakers must take action if the Iran war jeopardizes price stability, according to Governing Council member Joachim Nagel . Having discussed a hike in borrowing costs at the last meeting in April, the ECB now needs to see how big and lasting an influence the fighting in the Middle East has on inflation and economic growth, the Bundesbank president said Tuesday in Zurich. “We’ll come together in June and then we will decide on the new data set,” he told a panel discussion. “Should the effects prove large or persistent, and especially if they threaten to de-anchor long-term inflation expectations, our mandate requires us to act.” The ECB has signaled it will consider raising rates on June 11 after the war-induced surge in energy costs pushed inflation up to 3%, with further increases likely. Most economists and investors predict a quarter-point at the meeting. While some policymakers including Nagel have suggested such a move is very likely unless the price outlook improves markedly, others cautioned to not rush as costlier oil and gas are also weighing on activity, reducing the risk of second-round effects. Nagel, one of the more hawkish members of the ECB’s Governing Council, said Tuesday that monetary tightening is part of the ECB’s base case. The “baseline already includes two policy rate hikes as this was the market expectation at the time the forecast assumptions were made,” he said. ECB’s Guindos Urges Rate ‘Prudence’ With War to Hit Growth Lagarde Says ECB Torn Between Risk of Acting Too Early, Too Late ECB Is ‘Highly Vigilant’ to Rising Inflation Risks, Nagel Says