😳 China's True Military Spending Stands at $710.6BN - American Enterprise Institute Estimates

The calculation is 3x larger than Beijing's publicly reported spending.

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💵JUST IN: Samsung Electronics reports 10-fold increase in operating profit in last quarter

Samsung reported a 933% annual increase to $4.8bn in first-quarter operating profits, fueled by chip price recovery from a post-pandemic slump and rising demand for AI-driven products - marking a turnaround after six consecutive quarters of profit decline.

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➡️ ICYMI: El Salvador President Nayib Bukele Gathers Every Official in Executive Branch of His Govt and Makes Surprise Announcement

Bukele asks the country’s Attorney General to investigate all of them for bribery.

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🪙China’s $170BN Gold Rush Triggers Taiwan Invasion Fear

Beijing appears to be stockpiling gold following a record buying spree, in a move that has raised fears China is preparing its economy for a possible conflict over Taiwan - guarding it against potential Western sanctions.

The People’s Bank of China bought 27 tonnes of gold in the first three months of the year, taking its reserves to a record high of 2,262 tonnes, according to data from the World Gold Council.

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🤔 HSBC Chief Exec Unexpectedly Quits

HSBC's group chief executive Noel Quinn has announced his retirement after nearly five years in the role.

It comes as the UK-based lender reported a 1.8% drop in profit for the first three months of 2024, compared to the same time last year.

HSBC - Europe's largest bank - recently completed the sale of its operations in Canada and announced plans to do the same with its business in Argentina.

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❗️UPDATE: 13-Year-Old Boy Dies After Hainault Sword Attack - Police

Three members of the public and two Met Police officers were wounded in the stabbing attacks.

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🔴Britain’s NHS Declares Sex is Biological Fact in Landmark Shift Against 'Gender Ideology'

Changes to the health service’s written constitution proposed by ministers will for the first time ban trans women from female-only wards.

Campaigners for women’s rights welcomed the significant shift to the constitution, which follows accusations that the health service had been captured by woke “gender ideology.”

The move was a “return to common sense and an overdue recognition that women’s wellbeing and safety matter,” women’s rights campaigners added.

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🔴Stabbing Attack at Herod's Gate Entrance to Jerusalem's Old City Caught on Camera

The knifeman has been identified as 34-year-old Hassan Saklanan, a Turkish national, he was shot dead by Israeli police following the attack Tuesday.

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🚘Musk Lays Off Tesla Senior Execs in Fresh Job Cuts

Elon Musk has dismissed two Tesla senior executives and plans to cull hundreds more employees, amid stalling sales. (Reuters)

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⚠️ Chinese Vessels Blast Water at Filipino Ship in Disputed Waters with Western Media On Board

Two boats were reportedly ‘targeted’ near Scarborough Shoal in the South China Sea - Manila has confirmed one boat was damaged.

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😳 US Northrop Grumman B-2 Spirit Stealth Bomber Spotted Over Gaza Tuesday

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🔥 Al Qassam Brigades Militia Destroys Israeli Army Bulldozer Invading Gaza

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