Putin has won presidential election with 87.8% vote
President Vladimir Putin won a historic post-Soviet landslide in Russia’s election, solidifying his tight hold on power and demonstrating Moscow’s right to stand up to the West by sending soldiers into Ukraine. Putin, a former KGB lieutenant colonel, stated that the outcome should send a message to the West that its leaders will have to…
China’s new rules to avoid gambling overseas
China’s embassy in Singapore has warned Chinese residents to avoid all types of betting, claiming that gambling abroad breaches Chinese rules. The warning comes as Beijing intensifies its crackdown on Chinese residents gambling in Southeast Asia, a major tourist destination. The embassy has reminded most Chinese in Singapore to raise their legal understanding and avoid…
Biden got $155 million donation campaign for re-election
US President Joe Biden’s re-election campaign raised over $53 million in February and now has $155 million in cash, the highest level of grassroots fundraising since the campaign began. Around 1.3 million donors have contributed almost 3.4 million contributions, with 97% of donations totaling less than $200. Biden’s campaign reported $1.6 million in grassroots money…
Bank of Japan state to end negative interest rate on march
The Bank of Japan is expected to end its negative interest rate policy on Tuesday due to significant wage increases by major corporations in wage negotiations. Japan’s main union group reported a 5.28% wage increase in 2024, the largest in 33 years. The timing of the move will be determined by the success of the…
Trump revealed CIA secrets missions on China’s while he’s president
Former US officials have revealed that President Donald Trump authorized the Central Intelligence Agency (CIA) to launch a clandestine campaign on Chinese social media in 2019, aiming to turn public opinion against the Chinese government. The CIA formed a small team of spies who used fictitious internet identities to build bad narratives about Xi Jinping’s…
Japan will awaken worlds fourth-largest economy
Japanese financial markets are on the verge of increasing interest rates, marking a significant shift in people’s mindsets as the country aims to leave behind “lost” years of deflation and reawaken the world’s fourth-largest economy as an investment destination. The Bank of Japan is likely to exit in June, with rates potentially rising to zero…
Inflation may not go down, while rate won’t be cut
Inflation remains sticky, but some market watchers believe it isn’t enough to derail the Federal Reserve’s rate-cutting plans this year. The Consumer Price Index (CPI) showed that prices grew 0.4% in February, above expectations and accelerating from January’s 0.3% monthly increase and 3.1% annual gain. On a “core” basis, prices increased 0.4% in February and…
Bitcoin reach ATH at $72,387 on Q1
Bitcoin’s price surged by 3% to over $71,700, reaching an all-time high of $72,387. The surge in cryptocurrencies has been aided by the stock market’s relief and improved risk sentiment. The emergence of new cryptocurrency funds, such as BlackRock’s iShares Bitcoin ETF, has sparked a new wave of investor interest in digital assets. Bitcoin has…