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+++ Ukraine War +++: Russia reports drones shot down near St. Petersburg and Moscow

Russia: Seven dead in drone attack in Donetsk region +++ Fuel output limited in Russian-occupied Luhansk +++ The news blog.

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I wanted to share it and encourage a few people here who, like me, won't have much income in their lives for now. I currently have a volunteer job with a monthly salary of €340 and before that I had a temporary job for a few months while I was finishing school. Nevertheless, at the end of the year, when I start studying, my savings rate will drop from the current €180 to a maximum of €50 and that for an indefinite period of time... Nevertheless, I remain relaxed because the initial foundation for the portfolio has been well laid

Like Indonesia, India's central bank may hike rates to defend its currency

A falling currency and rising risk of higher inflation could prompt India's central bank to hike interest rates.

Health: Many countries object to austerity packages for health care costs

Before the Federal Council meeting, the states' criticism of the billions in savings in the healthcare system is growing. Committees are calling for several planned cuts to be reversed.

Bitcoin hits lowest since February as crypto competes for liquidity with blockbuster IPOs

Bitcoin continues to decline as stocks hit record highs, with investors also eyeing big IPOs.

US Federal Reserve: New Fed Chairman Warsh plans reforms under the supervision of predecessor Powell

Kevin Warsh announces fundamental changes - and wants to protect the independence of the central bank against political pressure.

Real estate in court: Solar roof contract causes dispute over wear and tear

Anyone who rents out their roof for a photovoltaic system expects to earn income. But who pays for damage? Why solar power is not a fruit.

Russia: Putin's economic forum shows weaknesses in the Russian economy

In St. Petersburg, Russia's president wants to demonstrate that the West's boycott does not affect him. But the Russian economy is stagnating - investments are not in sight.

Airport: There is still no agreement on future air passenger rights in the EU

The reform of air passenger rights remains blocked for the time being. There is no agreement in the dispute over compensation for delays. Without a compromise by mid-June, the project risks failing.

Big Tech's AI ambitions pose a major power test for Europe

Japan's SoftBank on Saturday announced plans to build 3.1 GW of AI data centers in the northern Hauts-de-France region by 2031.

Investors bet humanoid robots will transform industry and homes over the next decade

“Be ready for it,” said one fund manager who sees enormous opportunities in the space.

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...

Mytheresa: This is where the super-rich buy luxury fashion online

The Munich online retailer Mytheresa has conquered the luxury world with fashion for the super-rich from Gucci, Prada and Versace. Exclusive, superlative events play a special role.

Pension reform: Abolishing the “pension at 63” would save billions of euros

A calculation shows: the abolition of the “old-age pension for those insured for a particularly long time” would save 9.5 billion euros per year – and save tens of thousands of workers.

Morning Briefing: Why the hype about artificial intelligence is not over

One record news story about AI follows the next, and at the same time the US stock markets reached record highs again yesterday. How long will this last? Maybe that's the wrong question.

U.S. proposes fresh tariffs on 60 economies over forced labor trade practices

USTR has proposed a 10% duty rate for economies that have adopted a full or partial prohibition on forced labor trade, and 12.5% for all other economies.

Iran War – the current situation: USA and Iran attack each other in the Gulf region

Despite the ceasefire in force, there are renewed attacks on each other. Tehran says it is retaliating after a US attack on an unloaded oil tanker.

No agreement: EU reform of air passenger rights is in danger of failing

At what delay are air travelers entitled to compensation? And how much money do they get then? The EU has been working on reform for a long time - and still cannot find a compromise.

China’s anti-corruption watchdog targets its former senior official Li Xiaohong

Li Xiaohong, a former senior disciplinary official in charge of national inspection, has been placed under investigation for suspected severe disciplinary and legal violations, China’s top anti-corruption authorities said on Tuesday. The downfall of the 73-year-old veteran – known for spearheading high-level anti-corruption crackdowns and his top disciplinary roles at the securities regulator – underscores Beijing’s continued efforts to target corruption among its most senior disciplinary...

Electromobility: Almost 42,000 applications for electric car bonuses have already been submitted

After just two weeks, tens of thousands of e-car buyers have already applied for the new government subsidy after registration.

Asia: AI rally drives Nikkei above 68,000 points for the first time

Semiconductor supplier Tokyo Electron and test equipment manufacturer Advantest helped the Nikkei set a new record.

Mega Stock Market Plans: Why These Three Men Need Trillions of Dollars

Anthropic and OpenAI want to go public, Google is borrowing billions: the AI ​​race is increasingly becoming a battle for money. This is due to the specifics of the technology.

60 Minutes correspondent fired after clashing with bosses over US show

CBS News has terminated the ⁠contract of 60 Minutes correspondent ⁠Scott Pelley, two sources at ⁠the network said on Tuesday, joining more than half a dozen departures in recent weeks. “Your antipathy to the future of the show has come through loud and clear. And I have heard you,” the show’s ‌executive producer, Nick Bilton, wrote in a Tuesday email to Pelley that was seen by Reuters. “I therefore write on behalf of CBS News, Inc. (“CBS”) to inform you that your employment with CBS is...

Alleged luxury car race crash that killed 5 renews Malaysia’s road safety concerns

Two siblings allegedly racing against each other in luxury cars, causing a multivehicle crash in Johor state that killed five people – including four members of a family – have once again put the spotlight on the “serious public health challenge” facing Malaysia’s roads. Police arrested a 19-year-old driver of a Mercedes-Benz, identified by local media as a Singapore university student, over Monday’s accident which occurred on a highway linking Kluang to Simpang Renggam in Johor. Police said a..

ID. Polo and Cupra Raval: VW starts building cheaper electric cars – but only in Spain

With the ID. Polo and Cupra Raval, VW wants to conquer the affordable electric car segment. Production of the hopefuls is now starting - but not in Germany.

19m with 5k to invest long term

I have about $5,000 to invest and I’m trying to build my first real portfolio. I want to get into ETFs, but I’m not sure how much of my portfolio should be ETFs vs individual stocks. My main interests are AI and technology like chips, software, and big tech, and also materials like silver and copper that are used in things like electronics, iPhones, and chips. I’m also not sure how to approach individual stocks. If I buy ETFs, do I need to avoid buying the same companies as individual stocks to

Yen touches 160 against dollar, erasing intervention gains

H&M-backed Syre's Vietnam plant offers recycling alternative to China

Kioxia briefly overtakes Toyota, rises to No. 2 in Japan by market cap

Taking care of your family shouldn’t wreck your retirement

Unpaid family work is costing caregivers $1,000 a month. Here is how Congress wants to help them catch up.