• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
According to Yonhap News Agency, Samsung Electronics Chairman Lee Jae-yong expressed his deepest apologies for the public concerns caused by internal issues.On May 16th, media outlets reported that SpaceX proposed one of the most radical corporate governance proposals in US history, ensuring Musk wouldnt be fired and offering a trillion-dollar compensation package related to establishing a colony on Mars. In response, Musk stated on social media: "Yes, I need to make sure SpaceX focuses on achieving humanitys transformation into a multiplanetary species and extending consciousness to the stars, not on catering to certain peoples quarterly bonuses. If SpaceX succeeds in achieving this incredibly difficult goal, its value will far exceed the entire global economy by orders of magnitude. This process shouldnt be expected to be smooth sailing."May 16 – The government of the Democratic Republic of Congo (DRC) issued a statement on May 15 saying that the death toll from a new Ebola outbreak in Ituri province in eastern Congo has risen to 80. The DRC Ministry of Health stated that as of that day, a total of 246 suspected cases and 80 deaths had been reported nationwide, with four deaths confirmed by Ebola virus testing. The statement said the DRC National Institute of Biomedical Research confirmed that the outbreak was caused by the Bundibugyo strain of Ebola virus. The first suspected case was a nurse who died in April after receiving treatment at a medical facility in Ituri province. The patient had symptoms including fever, bleeding, vomiting, and severe fatigue.On May 16th, Berkshire Hathaway released its first-quarter holdings report (13F). Berkshire increased its holdings in Alphabet (GOOGL.O), The New York Times, and other stocks in the first quarter. Alphabet saw an increase of over 36 million shares, raising its stake from 2.04% to 5.93%. It completely sold off its holdings in Amazon (AMZN.O), Visa (VN), Mastercard (MA.N), and UnitedHealth Group (UNH.N). It reduced its holdings in Chevron (CVX.N) and Bank of America (BAC.N). It established a position in Delta Air Lines (DAL.N), purchasing 39.8 million shares, with a market value of approximately $2.65 billion. Its holding in Apple (AAPL.O) remained unchanged, ending three consecutive quarters of reductions; Apple remains its largest holding. Overall, Berkshires holdings in US stocks were valued at $26.3 billion as of the first quarter, compared to $27.4 billion in the previous quarter. During the quarter, the company bought approximately $16 billion worth of stocks and sold approximately $24 billion worth, resulting in a net sale of approximately $8.15 billion. The number of stocks held plummeted from 42 to 29, indicating a significant increase in market concentration.On May 16th, Bridgewater Associates, the worlds largest hedge fund, released its Q1 2023 13F report on its US stock holdings as of the end of March. The report shows that Bridgewater established new positions in 214 stocks, increased its holdings in 292 stocks, liquidated 261 stocks, and reduced its holdings in 487 stocks during the first quarter. Bridgewater significantly increased its holdings in chip stocks such as Nvidia (NVDA.O), Broadcom (AVGO.O), and Micron Technology (MU.O) during the first quarter, while liquidating its holdings in enterprise software stocks such as Salesforce (CRM.N) and ServiceNow (NOW.N), and reducing its holdings in Adobe (ADBE.O). As of the end of Q1, Bridgewaters US stock holdings were valued at $22.4 billion, compared to $27.4 billion in the previous quarter. Specifically, Bridgewater increased its holdings in Nvidia by 827,800 shares, raising its stake from 2.63% at the end of last year to 3.65%; it increased its holdings in Broadcom by 670,000 shares, raising its stake from 1.47% to 2.54%; and it increased its holdings in Micron Technology by 586,000 shares, raising its stake from 0.93% to 2.23%. In addition, Bridgewater initiated its first position in TSMC with 1.077 million shares, which accounted for 1.62% of its portfolio as of the end of the first quarter.

U.S., Allies Prepare Additional Russia Sanctions

Aria Thomas

Apr 06, 2022 09:18

R2.png


Russia disputed that civilians were targeted in Bucha and characterized the evidence offered as a "monstrous fake" perpetrated by the West to defame it.


The White House said the new penalties due to be published Wednesday are in part a reaction to Bucha.


Washington, the Group of Seven major economies, and the European Union will coordinate the penalties, which would target Russian banks and officials and prohibit new investment in Russia, the White House stated.


EU sanctions, which must be approved by the bloc's 27 member states, would prohibit the purchase of Russian coal and would prohibit Russian ships from accessing EU ports.


EU executive Ursula von der Leyen said that the organization is also considering a restriction on oil imports. Europe, which imports around a third of its natural gas from Russia, has been concerned of the economic consequences of a complete embargo on Russian energy.


Germany's foreign minister, though, said the coal restriction was the first step toward an embargo on all Russian fossil fuel imports, signifying a hardening of EU determination. Ukraine asserts that prohibiting Russian gas imports is critical to obtaining a cease-fire agreement in peace negotiations.


Zelenskiy stated in an early morning speech that fresh penalties "against Russia must be proportionate to the magnitude of the invaders' war crimes," describing the situation as a "critical moment" for Western leaders.


"If Russian banks continue to operate normally, if commodities transit to Russia continues normally, and if EU nations continue to pay Russia for energy normally," he said, "then the political fates of certain politicians will not evolve normally."


Since the invasion began on February 24, Russia has failed to conquer a single significant city as part of what it describes as a "special military operation" intended at demilitarizing and "denazifying" Ukraine.


Ukraine, a parliamentary democracy, and the West reject the Kremlin's stance as a justification for an unjustified invasion that displaced a fifth of the country's inhabitants.


Russia's soldiers mostly retreated from the vicinity of Kyiv last week after encountering Ukrainian opposition. They have turned their onslaught to the south and east of Ukraine.


A Dominica-flagged cargo ship drowned Tuesday after being targeted by Russian missile attacks in the besieged southern port of Mariupol, where tens of people are trapped with no access to food or water, the vessel's flag registry said.


A request for comment from Russia was not responded to. On Tuesday, its armed forces said that they had shot down two Ukrainian military transport helicopters attempting to depart the city.


Ukraine's general staff said that strikes on Mariupol were ongoing, but did not provide any specifics.


In the east, where Russia has targeted Ukraine's second biggest city, Kharkiv, the general staff said that Ukrainian troops destroyed three Russian tanks and over 20 additional armored vehicles.


Ukrainian police estimate that between 150 and 300 dead may be buried in a mass grave outside a church in Bucha, a town north of Kyiv.


A private US business reported that satellite photographs obtained weeks earlier revealed civilian dead on a roadway in the town, undermining Russia's accusations that Ukrainian troops killed the people or that the scene was manufactured.


At least four victims were shot in the head in Bucha, one with his wrists bound behind his back, according to Reuters reporters.


Residents have recalled many additional occurrences of dead individuals, some shot through the eyes and one who seemed to have been beaten to death and maimed.


Serhii Lahovskyi, a Ukrainian, buried the remains of a boyhood buddy who had been shot through the mouth at close range after missing during the town's occupation by Russian soldiers.


Lahovskyi and his companions took up shovels and dug a shallow grave on a grass edge. They carried the remains on a carpet before burying him in a ditch and covered him with wooden planks and piling soil on top.


"What motivated these beasts to shoot him?" Lahovskyi sobbed. "This is not Russia; this is a monstrous abomination."


Reuters was unable to independently verify the contents of Lahovskyi's story or identify the perpetrators of the Bucha murders.