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33d06/14

US Senator Mitch McConnell admitted to hospital for second time this year, spokesman says

US ⁠Senator Mitch McConnell was admitted to hospital on Sunday, his spokesman said, but there was no immediate information about why he was there or his prognosis. McConnell, 84, was the longest-serving Senate leader in history before stepping aside from that role while finishing his final term, which ends in January. “Senator McConnell was admitted to the hospital this morning. He is receiving excellent care,” spokesman David Popp said in a statement without elaboration. It was not immediately.

◇ unclassifiedchina · asia · usa
33d06/14

Alaska’s Untapped Oil Wealth Is Still Struggling to Find Investors

Alaskan oil and gas production has always been a complicated issue, as energy companies want to tap the region’s vast reserves and environmentalists fear irreparable damage to the vulnerable ecosystem. The Biden administration introduced far-reaching protections in Alaska, aimed at preventing new oil and gas exploration and protecting the environment and wildlife. However, since President Trump came into office last year, he has encouraged new fossil fuel development in the region. Yet the respo

◇ unclassifiedmiddle-east · russia · usa
33d06/14

6 killed after helicopters collide in Rio de Janeiro, crashing into car park

At least six people died in Brazil on Sunday after two helicopters collided in western Rio de Janeiro, firefighters said. The helicopters crashed into the car park of an electric car showroom, igniting a fire that engulfed at least 20 cars. A statement from firefighters said initial reports pointed to a mid-air collision, adding “six fatalities have been confirmed, all were crew members of the aircraft involved in the accident”. Rio de Janeiro Mayor Eduardo Cavaliere said there were “foreign...

◇ unclassifiedchina · asia · usa
34d06/14⚠ war-conflict · 3/5

Putin and Zelensky hold phone calls with Trump as US president marks his 80th birthday

Russian President Vladimir Putin and Ukrainian President Volodymyr Zelensky each held phone calls with US President Donald Trump on Sunday, as Trump marked his 80th birthday and the war in Ukraine remained a flashpoint ahead of this week’s G7 summit. Putin’s call with Trump lasted just under an hour, according to Russian presidential aide Yuri Ushakov, who briefed reporters. On Ukraine, Ushakov said Trump emphasised the need to end hostilities and stated his readiness to influence European...

◇ unclassifiedchina · asia · usa
34d06/14

ING will soon introduce a subscription model for current accounts

Kind of like Revolut. I hate subscription models like this. You should simply specialize in cheap banking and not in things like Amazon prime or travel insurance perks. https://www.finanztip.de/community/forum/thema/46199-neues-kontomodell-bei-ing/ Here is an example in Belgium where it has already been rolled out https://www.ing.be/en/individuals/current-accounts-packs/compare-packs Here is the price model from the Netherlands https://www.ing.nl/en/personal/plans/4-compare-plans Germany will next

Social◇ unclassifiedgermany · europe
34d06/14

China’s direct strike threat to Australia is ‘growing’, think tank report finds

China is capable of a direct missile strike on Australia and the threat is growing as Beijing amasses long-range and hypersonic weapons and builds islands in the South China Sea, an Australian think tank said on Sunday. A Lowy Institute report found the main threat to Australia was from Chinese missiles fired from ships, submarines and a new intermediate-range ballistic missile that could reach the island continent from China. China’s capacity to strike Australia would grow over the next decade.

◇ unclassifiedchina · asia · australia
34d06/14

Thousands hold G7 protest in Geneva as world leaders prepare for summit in nearby France

Protesters in Geneva clashed with police, set a car on fire and smashed the windows of a bank on Sunday to show their discontent with the G7 group of major advanced economies on the eve of a summit in nearby France to be attended by the group’s leaders including US President Donald Trump. Environmentalists and feminists joined foes of imperialism, defenders of independent media, supporters of Palestinian rights and others in a lakeside park in Geneva for a march across the Swiss city. A boat...

◇ unclassifiedchina · asia · usa
34d06/14⚠ war-conflict · 3/5

Silicon Valley’s AI Dreams Face a Blue-Collar Reality

Most discussions about artificial intelligence focus on chips, data centers, power plants, and electricity demand. Those are all important. But another bottleneck is beginning to emerge, and it may prove to be an underappreciated challenge. The AI boom needs electricians. It also needs line workers, substation technicians, grid engineers, mechanical contractors, welders, construction crews, and commissioning specialists. These are not jobs that can be filled instantly with a software update or a

◇ unclassifiedmiddle-east · russia · usa
34d06/14

give suggestions opinions about my portfolio

i thinking of doing the following 60% in stock and 40% in short term gov bond because the money i am invest is not from monthly salary its one time inheritance money one time life opportunities so i am thinking if i go 100% in stock and something like 2000-2009 happen i cant buy dip because the saving from monthly salary dont equal the one time inheritance for stocks i thinking if doing the fellowing 60% us depend on world market cap 15% in sgrt 15% in fmtm 30% in avlv 40% all world exculding us

Social◇ unclassifiedusa
34d06/14

Roast/review my portfolio. AI, Semis, Infra + ETFs. 40M, Europe. Rotate into Nasdaq?

Portfolio allocations as of June: Amazon 11.9% Broadcom 7.6% ServiceNow 1.2% Marvell 0.6% Gold (IGLD.DE) € 5.1% Google 9.2% Japan (IJPA) € 7.1% Korea (FLXK) € 7.0% Microsoft 7.7% NVIDIA 7.7% S&P500 (SXR8) € 23.7% Silver (XAD2) € 2.0% TSM 7.5% Micron 1.6% I'm now taking a longer view, like 5-10 years. For that, I'm looking at rotating 80% into Nasdaq, S&P, or even a total market ETF (Nasdaq is my current favorite). I do consider SOXX/SMH as well (but limited to 20%). I wonder about consolidating

Social◇ unclassifiedusa · europe · japan
34d06/14⚠ war-conflict · 1/5

Investing For Pension Holders = Different Mentality

"People who get to retire with a pension can afford to invest differently." That statement is something that does not get talked about a lot. In the USA, around 24% of retirees have a pension. Everyone else is locked in to 401k's, IRA's, etc., or relying on government assistance with programs like Social Security. A pension is guaranteed income! Some of us will have a pension, Soc. Sec. payments, a military reserve retirement, and a VA rating on top of it all. Because this person is not relying

Social◇ unclassifiedusa
34d06/14

Buying property in Spain (Andalusia) vs Italy; Italy wins, no contest?

Hi all, I've been looking to buy property to live in in Andalusia (Spain) and Italy. I've been flabbergasted by the disparity between the two countries, and would like to know if I've done my math correct. Because right now, it seems like Spain is a non-competitive option due to excessive taxation and fees. In favor of Italy, there are plenty of factors: * For new builds: Spain taxes 10%, whereas Italy taxes 4% * For "second hand homes": Spain taxes 7% of purchase price, while Italy taxes 2% of

Social◇ unclassifiedeurope · usa · australia
34d06/14⚠ war-conflict · 1/5

Portfolio review - mid term AI exposure

I'm trying to build a short mid-term ( 3-5 years) ETF portfolio around what I see as the core enablers of the AI revolution, rather than investing only in AI software companies. The amount to be invested would be around 20k euros in lump sum with t212. My thesis is that AI growth will require massive investments in: Data centers (physical infrastructure) Semiconductors (compute power) Energy generation and distribution (the biggest bottleneck) Digital infrastructure and connectivity. Potentially

Social◇ unclassifiedeurope · usa · taiwan
34d06/14

Partner lives past

Sorry, no question, no content, just a quick rant. I've been with my girlfriend (37) for 2-3 years now and I always have a crisis when it comes to (in my eyes) normal topics. I now manage almost all of her contracts from cell phones, electricity and gas, insurance, etc. She doesn't deal with anything and then just keeps saying "you take care of it". At that time I first completed a household agreement with her and then gave her an overview

Social◇ unclassifiedgermany · usa · europe
34d06/14⚠ war-conflict · 3/5

Israeli strikes on Beirut foil US peace plans, Iran says ‘no point’ in talks

US President Donald Trump on Sunday urged no further attacks by anyone after Israel’s military said it launched strikes on Hezbollah targets in Beirut, potentially complicating efforts to finalise a deal to end the US-Iran war. Smoke rose over the Lebanese capital, and the Civil Defense said it retrieved three bodies and six wounded people from the rubble. Iran threatened a military response. Trump wrote on social media that “the attack on Beirut should not have happened,” adding that “We are...

◇ unclassifiedchina · asia · iran
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