THREAD) 1. This is the moment when Japan started releasing treated nuclear water from its Fukushima plant into the Pacific Ocean.
The plan, part of the clean up of the worst atomic accident since Chernobyl, faces a persistent backlash despite reassurances trib.al/HwwSGL6 2) Some 1.3 million metric tons of wastewater — enough to fill about 500 Olympic-size swimming pools — will be discharged slowly over about the next 30 years.
👇A visual guide on how Japan is making the water safe enough to flush into the sea trib.al/77DowLx
Jun 30, 2023 • 8 tweets • 4 min read
🇨🇳THREAD: 1) Investors hailed 2023 as the year China's economy — unshackled from the world’s strictest Covid controls — would roar back.
They're still waiting https://t.co/eSOEuoJYWDtrib.al/X4xL8Hl 2) China is facing many problems: sluggish consumer spending, a crisis-ridden property market, record youth unemployment and towering local government debt.
And that's bad news for the world, impacting everything from commodity prices to equity markets trib.al/X4xL8Hl
Jun 24, 2023 • 4 tweets • 2 min read
DEVELOPING: Putin has denounced a rebellion by forces loyal to the powerful head of the Wagner mercenary group Yevgeny Prigozhin as “treason” and threatened “harsh” punishment.
Follow this thread for the latest as the feud erupts into revolt
In a sudden and dramatic escalation of the feud between Prigozhin and Russia’s defense establishment, Wagner allegedly took over military offices in Rostov-on-Don, where the defense ministry’s southern military district headquarters are located https://t.co/Tparln0P1Rtrib.al/PYkx78w
May 29, 2023 • 6 tweets • 3 min read
THREAD: 1) Nvidia has become the poster child for how to make money in AI — and its CEO just unveiled more AI products after a $184 billion rally.
Here's what's new about the world’s most valuable chipmaker ⬇ trib.al/hn3OWSH2) Nvidia’s new lineup includes an AI supercomputer platform, which aims to help tech companies create successors to ChatGPT, CEO Jensen Huang said at the Computex show in Taiwan
May 28, 2023 • 9 tweets • 5 min read
🧵 Counting is underway in Turkey's runoff election, with President Erdogan taking an early lead against challenger Kilicdaroglu.
🇹🇷 Follow this thread for #TurkeyElections updates and market reactions
Recep Tayyip Erdogan, Turkey's longest-serving leader, is ahead with 56.4% of the votes with nearly half of all ballot boxes counted, according to state-run news agency Anadolu.
🧵 NEW: Five charts that tell the story of Nvidia's $184 billion jump
⬇️
Nvidia said surging demand for the chips it makes for AI applications meant its revenue in the three months through June would be about $11 billion
That's some 53% more than analysts had expected bloom.bg/42doqcq
May 14, 2023 • 13 tweets • 8 min read
🧵Counting is underway in Turkey's most pivotal elections in a generation, with President Erdogan locked in a close battle with rival Kilicdaroglu.
Follow this thread for #TurkeyElections updates and market reactions
Erdogan is leading the presidential race with around 22% of the ballots counted.
The Turkish president got 55% of the votes while his main rival Kemal Kilicdaroglu got 39%, according to state broadcaster TRT trib.al/FHB0Yzx
May 14, 2023 • 6 tweets • 3 min read
BREAKING: Pro-democracy parties win big in Thailand's election, putting them on track to wrest power from a military-backed government for first time since 2014 trib.al/8UHQnuU
Reformist party Move Forward’s strong showing is the biggest surprise of the night so far. Here's a quick look at the party's stance and its Harvard-educated leader Pita Limjaroenrat trib.al/McFZPnB#ThailandElection2023
May 14, 2023 • 9 tweets • 6 min read
LIVE: Who will run Thailand’s $506 billion economy and steer relations with the US? We’ve made our live coverage of the election free to read. trib.al/CoFo4QT
Voting is under way in Thailand. Here's everything you need to know about what's at stake for everything from US and China relations, tourism and stock markets: trib.al/n7nicCx
NEW: At Formula One's inaugural Chinese Grand Prix in Shanghai in 2004, five-year-old Zhou Guanyu was in the stands cheering on his idol Fernando Alonso
Now, Zhou is competing against Alonso for Alfa Romeo, after he became China's first full-time F1 racer bloom.bg/42qYTNp
As one of the country’s rising sporting stars, Zhou has already attracted millions in sponsorship deals for global brands, and is also the key to helping F1 finally unlock the potential that the world’s second-largest economy holds bloom.bg/42qYTNp
May 5, 2023 • 8 tweets • 4 min read
🧵THREAD: 1 ) Apple’s India pivot is gaining steam.
CEO Tim Cook signaled the country’s importance for the iPhone maker, highlighting an accelerating shift from China
trib.al/IZqeMVi2) “There are lot of people coming into the middle class and I really feel that India is at a tipping point,” Cook said to analysts after Apple reported earnings.
“And the dynamism in the market. The vibrancy is unbelievable.” trib.al/IZqeMVi
May 4, 2023 • 5 tweets • 3 min read
-Ukraine shoots down 18 Iranian-made Shahed drones launched by Russia
-President Zelenskiy to speak in The Hague
-Wheat prices extend biggest jump in six months
Ukraine latest: trib.al/rx1pJVf
The EU is discussing plans to target third countries it believes aren’t doing enough to prevent Russia from evading sanctions
THREAD: What does the Fed's move mean in Asia and the Pacific?
Let's take a look⬇️
🇦🇺Australia
Down under serves as proxy for risk sentiment across the region. Traders anticipate that the country's central bank will stop hiking rates after it unexpected raised interest rates earlier this week trib.al/oxEeEPe
May 3, 2023 • 5 tweets • 3 min read
BREAKING: The Federal Reserve raised interest rates by 25 basis points and hinted it may be the final move in the most aggressive tightening campaign since the 1980s trib.al/nmJXYTc
MORE: Along with the Fed's interest rate hike by a quarter point, it omitted a line from its previous statement in March that said the committee “anticipates that some additional policy firming may be appropriate.” trib.al/kND8qb2
May 3, 2023 • 9 tweets • 5 min read
-Ukraine's President Zelenskiy learned about recent US military leaks from the media
-Russia attacks several cities overnight using Iranian drones
-US, Europe prepare fresh effort to try to close sanctions loopholes
Ukraine latest: trib.al/ehAU4nD
Ukrainian President Volodymyr Zelenskiy makes a surprise visit to Helsinki
THREAD: The transition to clean energy depends on copper, but a vast mine in Mongolia is offering the world a glimpse of the metal’s troubled future.
Let's take a look at Rio Tinto's Oyu Tolgoi ⬇️
The demand for copper is surging and supply is increasingly likely to come from mines like Oyu Tolgoi.
But, mines like this one are expensive and technically complex, while also operating under the eyes of governments guarding their natural resources trib.al/0hfHwt0
May 2, 2023 • 4 tweets • 2 min read
Hong Kong emerged from recession in the first quarter as the reopening of its borders revived spending trib.al/ktNWRbn
Hong Kong’s economy expanded 2.7% in the first quarter after the city removed pandemic controls trib.al/ktNWRbn
May 2, 2023 • 5 tweets • 3 min read
-US says 20,000 Russians killed in action, 80,000 wounded since December
-Russia likely to resume buying foreign currencies this month
-Ukraine commander says they have pushed back Russian troops from some positions in Bakhmut
Latest updates: bloom.bg/3VnwO7j
Russia is likely to resume buying foreign currency for its reserves as soon as this month as rising oil earnings stabilize public finances despite US and European sanctions
🧵THREAD: 1) Here’s how Taiwanese bubble tea has taken over the US.
“It’s really everywhere now.” 2) 🧋In the 1980s, Taiwan invented bubble tea —also known as boba — which has been largely sold in smaller stores catering to the Asian community across the US for decades trib.al/Dm14mWb