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40d06/03

Indonesia arrests sacked head of free meal scheme

Indonesian officials arrested on Wednesday the former head of the country’s free school meals programme, blighted by mass food poisonings and corruption claims, a day after he was fired. The much-hyped billion-dollar feeding scheme was the flagship policy of President Prabowo Subianto’s 2024 election campaign. Prabowo fired Dadan Hindayana, an entomologist who had led the National Nutrition Agency since its inception in August 2024, along with two deputies on Tuesday. All three were taken into..

◇ unclassifiedchina · asia
40d06/03

Update: 5400 net and still no money

Hello everyone, here's an update on my post: https://www.reddit.com/r/Finanzen/comments/1titpbp/5400_netto_und_trotzdem_nicht_kohle/ I had an appointment with the lawyer and we consulted based on the partly good comments in the old post. He also said you could go down 2-3 income groups due to increased care and deductible costs, so I'm with my wife and we're now in 2 groups less suitable. Then I have all the expenses again

Social◇ unclassifiedgermany · usa · europe
40d06/03

DeepSeek nears US$7b haul in first-ever funding round, with backing from Tencent, CATL

Chinese artificial intelligence start-up DeepSeek is finalising its first external fundraising round, securing over 50 billion yuan (US$7.4 billion) at a valuation of just under US$60 billion, according to people familiar with the matter – marking a six-fold leap from its US$10 billion valuation in April. The blockbuster round highlights intensifying global competition and a shifting strategy for the AI breakout star, which had previously resisted external capital. Market-oriented investors and.

◇ unclassifiedchina · asia · usa
40d06/03⚠ war-conflict · 3/5

China among top gold buyers as bullion overtakes US Treasuries in global reserves: ECB

China is one of the world’s largest buyers of gold as central banks shift towards the precious metal, which has overtaken US Treasuries to become the world’s top reserve asset amid higher valuations and its appeal as a geopolitical hedge, the European Central Bank said. The world’s second-largest economy was the fourth-largest per-country buyer of gold in 2025 after Poland, Kazakhstan and Brazil, purchasing about 25 tonnes, the ECB stated. It estimated that China had bought more than 350 tonnes.

◇ unclassifiedchina · asia · usa
40d06/03

In China’s coal country, party chief called to account after fatal safety failures

Disciplinary authorities in central China are investigating a county-level Communist Party chief following a coal mine gas blast that killed 82 people and left two missing. Zhao Yongjin, party secretary of Qinyuan county in Changzhi, was “suspected of serious violations of discipline and law”, the Shanxi provincial discipline inspection and supervisory commission, an anti-corruption watchdog, said on Tuesday night. The blast at the Liushenyu Coal Mine on May 22 was China’s deadliest mine...

◇ unclassifiedchina · asia · usa
40d06/03

Petition: Self-support for child support to €2000

Currently, the self-support of fathers who pay maintenance is close to the poverty line. Child support increases from year to year, but self-support remains unaffected. This means that fathers who actually pay maintenance are extremely at risk of poverty. The petition calls for self-support of €2000 and other things. It must also be in the interests of the children that the parent who pays maintenance does not have to live under the bridge. Text of the petition The petition supports the reform

Social◇ unclassifiedgermany · europe
40d06/03

I wonder how you all have your accounts organized

So, I'm learning the basics and I like compartmentalisation. I have my main bank account (ING) where I get my paycheck, pay the bills, day to day expenses, etc, then a second bank account (Trade Republic, 2% interest) where I keep my emergency fund, then a third bank account (Renault Bank, 2,02% interest) for my vacation money, and a fourth account (Bank Norwegian, 2,35% interest) for home renovations + future car. Every month I automatically send some money to the vacations and the home renovat

Social◇ unclassifiedeurope · usa · norway
40d06/03⚠ war-conflict · 1/5

voo vs. voo/vxus - is voo higher risk, but higher reward?

opening a $400k brokerage. deciding between voo or voo/vxus. a lot of people recommend two or three funds, including international... but i've been running test numbers (https://testfol.io/?s=lCKpRn6Bv9x), and over a 20+ year period, it looks like voo by itself would win out. obviously we can't predict what happens in the future, but is the idea here that voo historically outperforms, but including the international helps lower the risk potential in case the s&p 500 crashes like it did in the ea

Social◇ unclassifiedusa · europe
40d06/03

Fugitive Hong Kong charity director sued in US over real estate ‘shell game’

A wanted director of a scandal-hit Hong Kong charity who fled the city is facing a sweeping 14-count civil lawsuit in the United States over an alleged multimillion-dollar property scheme that the plaintiff described as a “shell game”. In a complaint for damages and equitable relief seen by the South China Morning Post, developer Joseph Lee Daniell accused Jacob Lam Hay-sing, the founder and director of the now-defunct Hong Kong charity, Christian Zheng Sheng Association, of defrauding him of...

◇ unclassifiedchina · asia · usa
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