Focus on the BIG picture.
Friday, May 09, 2025
Outside the box.
Economy
China and Brazil have signed a new deal that will allow them to trade in their own currencies, bypassing the US dollar as an intermediary
The agreement will protect both countries from currency fluctuations and reduce transaction costs.
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Silicon Valley Bank exec was Lehman Brothers CFO
Joseph Gentile, a Silicon Valley Bank executive, was formerly a CFO and executive at Lehman Brothers' Global Investment Bank prior to the bank's systemic collapse in 2008.
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After SVB failure, US acts to shore up confidence in banking system
Undercover bailout: After a dramatic weekend, U.S. regulators said the failed bank’s customers will have access to all their deposits starting Monday and regulators set up a new facility to give banks access to emergency funds. The Feder...
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The Silicon Valley Bank’s collapse effect is spreading around the world, affecting startup companies across the globe
More than 100 founders and CEOs are now writing to the UK Chancellor pleading for help, after the collapse of Silicon Valley Bank has led to a significant cash crunch for startups globally.
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Silicon Valley Bank: Struggles Threaten Tech Startup Ecosystem"
A Look at the Challenges Faced by the Leading Funder and Banker of Risky Tech Ventures
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In a major snub to Downing Street's Silicon Valley dreams, UK chip giant Arm has dealt a serious blow to the government's economic strategy by opting for a US listing
The move has left officials devastated, as Arm was seen as the jewel in the crown of the UK tech industry.
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Embracing the Age of Intelligent Enlightenment: AI Revolutionizes Our Understanding of the World
Generative artificial intelligence presents a philosophical and practical challenge on a scale not experienced since the start of the Enlightenment. The era of intelligent enlightenment is upon us.
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It's the question on everyone's lips: could a four-day workweek be the future of employment?
With many companies experimenting with the idea, the Wall Street Journal decided to ask the people who matter most - the workers themselves. And the results were mixed.
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Is Gold the Ultimate Safe Haven Asset in Times of Uncertainty?
Exploring the Surging Demand for Gold: Why Investors Are Turning to Safe Haven Assets Amidst Global Uncertainty and Economic Turmoil
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Shell reports highest profits in 115 years
Oil and gas giant Shell, has reported record annual highest profits in 115 years, after energy prices surged last year, and the governments blame Russia's invasion of Ukraine as the reason that the public must enrich the local oil and ga...
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EU found a way to use frozen Russian funds
The EU will use it for rebuilding Ukraine.
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China is opening up for foreign investors.
China has issued a flurry of approvals for foreign financial companies looking to expand into the country as Beijing seeks to boost investor confidence after abruptly ending years of pandemic restrictions.
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Tesla reported record profits and record revenues for 2022
Profit for the year hit $12.6 billion, more than doubling since 2021 and beating the expectations of most analysts.
Peace Economy vs. War Economy: Xi Jinping & Biden visit Saudi Arabia. MBS welcome both, differently
Leader of China and US President experienced contrasting welcomes in visits only five months apart. While Xi Jinping is considered as a leader, and as a long term strategic partner with mutual interest, Biden is what it is: a politician ...
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Historic Papal Conclave Set to Commence in Rome
Huge Copper, Gold, and Silver Discovery in Argentina and Chile — But the Profits Go Abroad
The Road to Freedom: She Protested Putin, Escaped House Arrest, and Survived a 2,800-Kilometer Journey
Prince Harry is pleading for reconciliation — but the royals are just as sick of his victimhood as everyone else
OpenAI's Flip-Flop: No Longer Going Commercial, Back to Nonprofit, After Musk Lawsuit and Backlash
First From China: Zhao Xintong Wins the Snooker World Championship
Nvidia Faces Billion-Dollar Losses – Warns: China Is on Its Way to Becoming an AI Superpower
Trump Rules Out Third Term, Names JD Vance and Marco Rubio as Potential Successors
Mexico Says ‘No’ to U.S. Troops: President Sheinbaum Rejects Trump’s Offer to Fight Cartels
Nigel Farage’s Reform UK Storms the Map, Wrecking the Two-Party Monopoly
DOGE: Reimagining Government Operations with AI
EU Hits TikTok with €530 Million Fine Over China Data Transfers
Beijing Says U.S. Is ‘Reaching Out’ for Tariff Talks Amid Soaring Trade Tensions
U.K. Court Rejects Prince Harry’s Final Appeal Over Police Security
Warren Buffett to Step Down as Berkshire CEO After Nearly 60 Years
Prince Harry’s Heartfelt Outburst Rocks the Royal Family
Trump Shares AI-Generated Image of Himself as… Pope, Prompting Outrage Reaction
Transgender Swimmer Secures Five Gold Medals at U.S. Masters Championship
Prince Harry: “I Want Reconciliation with My Family”
Germany's Alternative für Deutschland (AfD) party has now been officially labeled “right-wing extremist” by the federal office for the so-called “protection of the constitution.”
Amazon Launches Satellite Internet Service Amidst Competition with SpaceX
Transformative Changes in Women's Wrestling: The Rise of WWE Superstars
The Rush to the White Gold: Global Investment Surge in Natural Hydrogen Exploration
This is a day in Spain without electricity and internet
180-Year-Old Christian University in South Carolina Announces Closure Due to Unmet $6 Million Fundraising Goal
Brazilian Woman Jailed for Fourteen Years for Writing “You Lost, Idiot” on Statue During Protest
Trump Administration Removes National Security Adviser Mike Waltz Amid Signal Chat Controversy
Huawei Ramps Up Testing of Powerful New AI Chip in Challenge to Nvidia Amid U.S. Sanctions
Dutch Politician Eva Vlaardingerbroek Receives Spyware Threat Alert from Apple
Paramount Board Considers Settlement in Trump’s $20 Billion Lawsuit Over "60 Minutes" Interview
U.S. Economy Shrink in Trump’s First Quarter as Tariff Policy Raises Questions
U.S. and Ukraine Poised to Sign Strategic Critical Minerals Deal Amid Geopolitical Shifts
Sweden Grapples with Deadly Gun Violence: Suspect Arrested After Three Young Men Killed in Uppsala Hair Salon
Walz Reveals Why Harris Chose Him as Her Running Mate and Reflects on Democratic Losses
Spain Restores Power After Unprecedented Nationwide Blackout
Carney Secures Liberal Mandate in Canada’s Federal Election
Death Penalty Sought as Luigi Manion Pleads Not Guilty in CEO Murder Case
President Trump contacts Jeff Bezos after reports of Amazon considering listing tariff surcharges; company clarifies no such plan for main platform
Spain and Portugal Recover from Massive Blackout
Liverpool Clinches Record-Equalling 20th English League Title Under Arne Slot
Massive Raid on Underground Nightclub in Colorado Springs Yields Over 100 Arrests
Singapore Politicians Warn Against Foreign Interference in Election
Driver Ploughs into Vancouver Festival Crowd, Killing Nine
Depression, Fear of Defamation, and a Tragic End: New Details on Virginia Giuffre’s Suicide
“Sharia for UK, Allah Akbar!”
China Warns Nations Against Trade Deals Harmful to Its Interests
Malaysia Revises Growth Outlook Amid US Trade Talks
Massive Explosion at Iran's Bandar Abbas Port Linked to Suspicious Chemical Shipments
Wild Courtroom Chaos: FBI Arrests Milwaukee Judge for Helping Illegal Immigrant Flee from ICE Agents!
Pakistani migrants to Danish man: “ “We have 5 children while you have 1 or 2. In 10 years, there will be more Pakistanis than Danes here.“
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