Budget 2025: Hong Kong logs estimated HK$87.2 billion deficit, will cut spending by 7% over coming 3 years
Hong Kong Free Press Hong Kong will cut government spending by 7 per cent over the coming three years, Financial Secretary Paul Chan has announced in his 2025 budget speech, as the city logged an estimated HK$87.2 billion deficit. Speaking at the Legislative Council on Wednesday, Chan said that the current fiscal year deficit marks…
Read MoreWhat We Know About the U.S.-Ukraine Minerals Deal
New York Times A draft agreement discussed on Tuesday does not include a $500 billion payout the Trump administration demanded earlier. https://www.nytimes.com/article/ukraine-mineral-deal-trump.html
Read MoreUS representative introduces legislation to make $250 bill featuring Trump’s face
Jerusalem Post Rep. Joe Wilson of South Carolina proposed creating “the most valuable bill for the most valuable president!” https://www.jpost.com/american-politics/article-843777
Read MoreBudget 2025: Hong Kong considers legalisation of basketball gambling
Hong Kong Free Press The Hong Kong government is considering the legalisation of basketball betting in order to tackle illegal gambling, the financial chief Paul Chan has said, as the city tackles a huge budget deficit. The Hong Kong Jockey Club (HKJC), which already hosts betting on horse racing and football matches, will submit a…
Read MoreNorth Korea may increase military supplies to Russia – ISW
Pravda Ukraine North Korea may increase supplies to Russia amid deepening bilateral cooperation. Satellite imagery has captured suspicious activity at the port of Rason, which could indicate the transfer of cargo, including military supplies. Source: Institute for the Study of War (ISW) Quote: “Russian and North Korean state media reported that Russian Ministry of Foreign…
Read MoreElon Musk tops world superbillionaire rankings — media
Disclaimer: TASS is Russian government propaganda, and not a reliable news source. His fortune is estimated at $419.4 billion, The Wall Street Journal reports https://tass.com/economy/1919077
Read MoreGabbard Says More Than 100 Intelligence Officers Fired for Chat Messages
New York Times The chats had been set up to discuss sensitive security matters. But a group of employees used it for discussions that contained sexual themes, intelligence officials said this week. https://www.nytimes.com/2025/02/25/us/politics/gabbard-nsa-firing-explicit-chat.html
Read MoreChina could lose 35% of its cropland by 2100, scientists warn
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Researchers say even if countries meet Paris Agreement targets on climate change, key agricultural areas could become wetlands or forests. https://www.scmp.com/news/china/science/article/3300108/china-could-lose-35-cent-its-cropland-2100-scientists-warn?utm_source=rss_feed
Read MoreSouth Korea’s birth rate rises for first time in nearly a decade as marriages surge
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. While South Korea’s fertility rate remained the world’s lowest, the increase marked the first year-on-year pickup since 2015. https://www.scmp.com/news/asia/east-asia/article/3300151/south-koreas-birth-rate-rises-first-time-nearly-decade-marriages-surge?utm_source=rss_feed
Read MoreBuk-M1-2 system downs Ukraine’s Vector German-made drone
Disclaimer: TASS is Russian government propaganda, and not a reliable news source. “The drone was detected and shot down at a distance safe for our troops,” the Russian Defense Ministry said https://tass.com/politics/1919073
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