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Showing posts from March, 2025

//Bitcoin’s Rise Threatens U.S. Dollar, Warns BlackRock CEO Larry Fink//

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News is knowledge, Knowledge is news / Bitcoin’s rapid surge in value has drawn global attention, with its price hitting a record $110,000 per coin in January before experiencing a slight pullback. Now, BlackRock CEO Larry Fink has issued a stark warning: Bitcoin’s rise could erode the U.S. dollar’s dominance as the world’s reserve currency. Fink’s annual letter to BlackRock investors highlighted concerns about America’s growing debt crisis, which he believes could destabilize the nation’s financial standing. With U.S. national debt exceeding $35 trillion in early 2025, interest payments alone have reached a staggering $952 billion. Fink warned that by 2030, mandatory government spending and debt service will consume all federal revenue, leading to a permanent deficit. “If the U.S. doesn’t get its debt under control and deficits keep ballooning, America risks losing its global financial dominance to digital assets like Bitcoin,” Fink stated. His comments resonate with Tesla CEO Elon...

//Rescuers Race Against Time After Deadly Myanmar Earthquake//

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News is knowledge, Knowledge is news / Rescuers work at the site of a damaged building, in the aftermath of a strong earthquake, in Mandalay, Myanmar, March 30, 2025.  Rescuers in Myanmar and Thailand are working tirelessly to find survivors after a massive 7.7-magnitude earthquake struck central Myanmar on Friday. The disaster has killed nearly 2,000 people and left thousands more injured or trapped under collapsed buildings. A Miracle Rescue in Mandalay After being trapped under the rubble of the Great Wall Hotel in Mandalay for 60 hours, a woman was pulled out alive by a team of Chinese, Russian, and local rescuers. People look on as search and rescue operations continue in the aftermath of a strong earthquake, in Mandalay, Myanmar, March 29, 2025.  Widespread Destruction in Myanmar The earthquake, one of the most powerful in Myanmar's history, caused widespread destruction, damaging thousands of buildings, roads, and power lines. Hospitals, already struggling due to o...

//Desperation and Hope: Volunteer Rescuers Race Against Time in Devastated Myanmar//

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News is knowledge, Knowledge is news / Two days after a catastrophic 7.7-magnitude earthquake struck central Myanmar, volunteer rescuers continue their desperate efforts to find survivors trapped beneath the rubble. The disaster has claimed over 1,700 lives in Myanmar, with at least 18 confirmed dead in neighboring Thailand. The Red Cross has called the devastation "unlike anything Asia has seen in over a century," as communities struggle to cope with the immense destruction. The earthquake, which struck Friday afternoon, was followed minutes later by a powerful 6.7-magnitude aftershock, further compounding the damage. Buildings have crumbled, hospitals have been rendered unusable, and critical infrastructure—including roads, bridges, and communication networks—has suffered extensive damage. Many areas remain without power and access to emergency assistance. A Nation in Crisis: The Humanitarian Emergency Unfolds As Myanmar’s second-largest city, Mandalay, and other affect...

//Powerful 7.0-Magnitude Earthquake Strikes Near Tonga, Brief Tsunami Alert Issued//

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News is knowledge, Knowledge is news / A powerful earthquake with a magnitude of 7.0 struck the South Pacific Ocean early Monday, triggering a brief tsunami warning for the island nation of Tonga. The earthquake, which occurred at 1:18 a.m. local time, was recorded about 49 miles southeast of Pangai, Tonga, according to data from the United States Geological Survey (USGS). Tsunami Threat and Quick Response The U.S. Tsunami Warning System initially issued a "Tsunami Threat" alert, warning that tsunami waves could reach coastlines within a 190-mile radius of the earthquake’s epicenter. However, the alert was lifted about an hour later when no significant waves materialized. Despite the all-clear notice, authorities advised residents in coastal areas to remain cautious, as aftershocks could still pose a risk. Tsunamis are generated by sudden underwater disturbances, typically caused by strong earthquakes occurring on or beneath the ocean floor. They can create a series of lo...

//Turkish Opposition Rallies Against Erdogan, Vows to Fight for Democracy//

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News is knowledge, Knowledge is news / In a dramatic display of defiance, Turkey's opposition gathered in Istanbul on Saturday to protest the arrest of Ekrem Imamoglu, the city's mayor and a key political rival to President Recep Tayyip Erdogan. The massive demonstration, one of the largest in recent years, underscored the growing frustration with Erdogan’s rule and the opposition’s determination to challenge his grip on power. Organized by the Republican People’s Party (CHP), the rally aimed to transform public outrage into a lasting political movement. Imamoglu, a popular figure who has been seen as a strong contender in future elections, was detained on charges widely perceived as politically motivated. His arrest has ignited widespread anger, with opposition leaders calling for early elections and an end to Erdogan’s more than two decades in power. "We have left our fear at home," declared Ozgur Ozel, leader of the CHP, urging citizens to stand together against...

//Trump Administration Slashes Over $12B in Health Grants, Sparking Outrage and Layoffs//

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News is knowledge, Knowledge is news / The Trump administration has abruptly canceled over $12 billion in federal health care grants, sending shockwaves through state and local health departments that rely on this funding for critical public health initiatives. The move, which affects programs addressing substance use disorder, infectious disease prevention, and pandemic response, has already led to layoffs and uncertainty among health workers nationwide. The Impact of the Cuts The Department of Health and Human Services (HHS) confirmed that the Centers for Disease Control and Prevention (CDC) would be reclaiming approximately $11.4 billion in grants initially allocated for COVID-19 testing, vaccination, and programs aimed at reducing health disparities. An additional $1 billion, distributed through the Substance Abuse and Mental Health Services Administration (SAMHSA), has also been rescinded. The Virginia Department of Health is facing layoffs after the Trump administration annou...

//Bitcoin Defies Market Turmoil as It Outperforms Stock Market Decline//

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News is knowledge, Knowledge is news / B itcoin is currently navigating turbulent market conditions, trading below a crucial demand zone as bearish sentiment regains control. This downturn has erased the brief optimism seen earlier, with selling pressure intensifying. Despite these challenges, Bitcoin has displayed resilience compared to traditional financial markets, which are struggling under macroeconomic uncertainties. According to insights from Santiment, the S&P 500 and global stock markets have faced steep declines due to ongoing trade tensions and inflation fears. The S&P 500 fell sharply to $5,580, marking its lowest level since mid-March. In contrast, Bitcoin managed a modest gain of +0.4% and was valued at approximately $84,300 at the time of writing. A key observation is Bitcoin’s mild rebound on the 4-hour chart following the stock market’s weekly close. This suggests that Bitcoin may be beginning to decouple from traditional equities, a trend that could indicat...

//Samsung’s 4TB 990 Pro SSD Hits Record Low Price—A Smart Buy Over the Costly 9100 Pro//

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News is knowledge, Knowledge is news / If you’re looking to upgrade your storage without breaking the bank, now might be the perfect time. The Samsung 990 Pro PCIe Gen 4 SSD, a high-speed solid-state drive that was once a premium option, has dropped to its lowest price yet. The 4TB model is currently available for just $279.99 at Walmart and Amazon as part of the Big Spring Sale—an incredible deal considering its successor, the 9100 Pro PCIe Gen 5 SSD, starts at $549.99 for the same capacity. Why Choose the 990 Pro Over the 9100 Pro? While the 9100 Pro is undoubtedly faster, requiring PCIe Gen 5 hardware to reach its full potential, most PCs and gaming consoles today don’t support Gen 5 speeds. That makes the 990 Pro a much more practical and cost-effective choice for the majority of users. Despite being a Gen 4 SSD, the 990 Pro still reaches near-theoretical speed limits for its generation, ensuring fast load times and responsive performance. For gamers and content creators, this ...

//Trump’s Election Order Sparks Confusion and Concerns Ahead of 2026 Federal Elections//

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News is knowledge, Knowledge is news / P resident Donald Trump’s recent executive order on U.S. elections has triggered widespread uncertainty among state and local election officials as they prepare for the 2026 midterms. The order introduces significant changes, including stricter voter registration requirements, decertification of certain voting systems, and tighter ballot deadlines. Many election officials are struggling to adapt, especially given the recent reduction in federal cybersecurity support. One of the most controversial aspects of Trump’s order is the requirement for voters to provide documentary proof of U.S. citizenship when registering to vote. While supporters argue that this measure will help prevent illegal voting, critics warn that it could disenfranchise millions of eligible voters who lack easy access to birth certificates or passports. The order also tasks election officials with verifying citizenship, a process that experts say will be costly and complex witho...

//Myanmar Earthquake Death Toll Rises Amid Desperate Rescue Efforts//

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News is knowledge, Knowledge is news / T he death toll from Myanmar's devastating earthquake has reached 1,644, according to the country’s military government. However, officials and rescue organizations warn that the actual number could be much higher as search and rescue operations continue across the affected regions. The 7.7-magnitude earthquake struck near Mandalay, Myanmar’s second-largest city, on Friday afternoon, leaving behind a trail of destruction. Buildings, roads, and power lines were reduced to rubble, complicating rescue efforts as thousands remain missing or trapped. A City in Crisis Mandalay, home to about 1.5 million people, bore the brunt of the disaster. Entire neighborhoods have been flattened, and hospitals are overwhelmed with the injured. Long queues formed outside medical facilities as patients with broken bones and head injuries waited for treatment. Rescue teams and volunteers have been digging through debris with their bare hands in search of survivors....

//Greenland's Youngest Prime Minister Jens-Frederik Nielsen Aims for Economic Independence//

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News is knowledge, Knowledge is news / J ens-Frederik Nielsen, at just 33 years old, has become Greenland's youngest prime minister. The leader of the Democrats (Demokraatit) party was officially sworn in on March 28, 2025, in Nuuk, the capital of Greenland. His leadership comes at a crucial time, with growing international interest in Greenland’s resources and increasing pressure for economic self-reliance.  Nielsen, formerly the minister of industry and minerals, has set forth an ambitious vision for Greenland. His primary goal is to build a self-sustaining economy that does not rely on Denmark’s annual block grant, which currently provides nearly $1 billion to the island. He believes that Greenland must shift its focus from dependency on Danish financial support to developing its own industries, particularly in mining, tourism, and fisheries. In his first press conference as prime minister, Nielsen called for unity, stating,  "At a time when we as a people are under pressur...

//Myanmar Earthquake Death Toll Rises as Foreign Aid Arrives//

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News is knowledge, Knowledge is news / As foreign aid arrives, the death toll from the Myanmar earthquake rises. Over 1,600 people have died in Myanmar's deadliest earthquake in decades, and there are concerns that the final death toll could be significantly higher. The powerful 7.7-magnitude quake struck on Friday, devastating cities and villages near Mandalay and causing destruction in neighboring Thailand.  Myanmar's military rulers have now allowed hundreds of foreign rescue workers into the country to assist in the urgent recovery efforts.   A Nation in Crisis The earthquake has struck a country already struggling with internal conflict.  Since the military coup in 2021, Myanmar has been engulfed in civil war, weakening infrastructure and leaving millions displaced.  The earthquake destroyed airports, bridges, and roads, further crippling an already fragile nation. According to Myanmar’s state media, at least 1,644 people have died, but the U.S.  The United...

//Myanmar Earthquake Death Toll Surpasses 1,000 as Rescue Efforts Face Major Challenges//

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News is knowledge, Knowledge is news / Massive Quake Strikes Myanmar Thai Prime Minister Paetongtarn Shinawatra arrives at the construction site where a building collapsed in Bangkok, Thailand, on Friday.   A devastating 7.7-magnitude earthquake rocked Myanmar on Friday, claiming the lives of over 1,000 people and leaving thousands more injured or missing. The quake, centered near Mandalay, is the strongest to hit the country in more than a century. Its tremors were felt as far as Thailand, causing structural collapses and widespread panic. The U.S. Geological Survey estimates that the death toll could eventually exceed 10,000, as rescue workers struggle to reach those trapped beneath the rubble. Foreign Aid Arrives Amidst Widespread Devastation In response to the catastrophe, Myanmar’s neighboring nations, China and India, have dispatched emergency response teams to assist with rescue efforts. Chinese state media confirmed that its team was the first international group to arriv...

//Tourist Submarine Sinks Off Egyptian Coast, Killing Six and Prompting Massive Rescue Operation//

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News is knowledge, Knowledge is news /  A tragic accident unfolded off the Egyptian coast on Thursday morning when a tourist submarine carrying Russian vacationers sank near the resort city of Hurghada, resulting in six deaths and sparking a major rescue operation. The incident left 21 people hospitalized, including seven children ranging from two to 15 years old, as reported by Russian state media RIA Novosti. File photo of a submarine used by Sindbad Submarines in Egypt.   The vessel, operated by Sindbad Submarines, was on a routine underwater excursion when it suffered a catastrophic failure about one kilometer from shore. According to the Russian embassy in Egypt, 39 people were successfully rescued. However, the fatalities, confirmed to be foreign nationals, have raised concerns over the safety of such underwater excursions. A Routine Dive Turns Deadly The submarine, designed for recreational tours, was supposed to take passengers on a journey 25 meters below sea lev...