Bitcoin Surge Creating Millionaires Everyday

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BUSINESS & ECONOMY

🛢️ U.S. Becomes Top Crude Oil Producer Globally

In 2023, the United States achieved a global record, producing 12.9 million barrels of crude oil per day, breaking its 2019 record. A December peak surpassed 13.3 million barrels daily, solidifying the U.S. as the leading oil producer. This status is unchallenged as Saudi Aramco shelved plans to match this output. The U.S., alongside Russia and Saudi Arabia, accounted for 40% of global production.

🏦 Dimon Advises Fed to Delay Rate Cuts Beyond June

JPMorgan CEO Jamie Dimon advised the Federal Reserve to delay interest rate cuts beyond June to preserve its credibility, saying, "Their credibility is a little bit at stake here. I would even wait past June and let it all sort it out." He warned of a 65% chance of recession and also criticized bitcoin's association with illegal activities, yet supported ownership rights. 

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WORLD

🇮🇳 India Advances Controversial Citizenship Bill Excluding Muslims

Ahead of India's spring general election, the government announced the implementation of the Citizenship (Amendment) Act, fast-tracking citizenship for immigrants from neighboring countries but excluding Muslims. This move, praised by Home Minister Amit Shah for fulfilling a commitment to non-Muslim religious minorities, has faced criticism for promoting Hindu nationalism and marginalizing India's 200-million Muslim community, eroding the nation's secular ethos.

🇭🇹 Haiti's PM Ariel Henry Steps Down Amid Law and Order Breakdown

Haiti's Prime Minister Ariel Henry, facing pressure amid violence, announced his resignation to facilitate a political transition, stating, "The government...will resign immediately after the installation of [a transition] council." Stranded due to gang control, he calls for calm in Haiti. The U.S. supports a Kenyan-led security force with $300 million to aid stability, marking a significant move towards organizing Haiti's first elections since 2016.

SCIENCE & TECH

🔥 Snapdragon to Launch New Chipsets Late March

On March 18, Qualcomm is poised to unveil potentially the Snapdragon 8s Gen 3 and Snapdragon 7+ Gen 3 chipsets, as teased for a 14:30 event in Beijing. While specifics remain under wraps, these releases precede the highly anticipated Snapdragon 8 Gen 4, slated for October, known for its advanced AI capabilities with an Oryon CPU and a robust NPU. 

🏎 Porsche Launches World's Fastest Road Car with 1,000-HP Launch Control

Porsche unveiled the Taycan Turbo GT, its most potent production car with 1,093 horsepower, surpassing a Tesla Model S record by 18 seconds on the Nürburgring. Priced at $230,000, it showcases electric excitement with features like "launch control" and "Attack mode." This model sets a new luxury and speed benchmark in the electric vehicle sector.

SPORTS & ENTERTAINMENT

🏈 Packers Cut Ties with RB Aaron Jones

The Green Bay Packers have released RB Aaron Jones, a move General Manager Brian Gutekunst called "one of the hardest decisions" due to Jones' significant impact both on the field and in the community. Acknowledged for his unique NFL achievements and crucial role in the Packers' culture and success, Jones' departure marks a poignant moment for the team and fans alike.

🏈 Kirk Cousins Joins Atlanta, Saquon Barkley Heads to Philadelphia in NFL Signings

In an eventful NFL offseason, Kirk Cousins departs for the Atlanta Falcons, while Saquon Barkley joins the Philadelphia Eagles, stirring the sports scene. Cousins secures a four-year Falcons deal, leaving a substantial legacy at Minnesota. Barkley, moving from the Giants, shares, "Thank you...forever grateful! Excited for the next chapter," highlighting a significant career milestone and the emotional impact of these transitions.

🕷️Shameik Moore Calls Himself 'Sore Loser' After 'Spider-Verse' Oscar Snub, Seeks Forgiveness

Shameik Moore, voicing Miles Morales in "Spider-Verse," stirred controversy with his "Robbed" tweet when the film lost to Miyazaki's "The Boy and the Heron" at the 2024 Oscars. He later expressed respect and teased "Spider-Man: Beyond the Spider-Verse," acknowledging his reaction's contrast to co-writer Chris Miller's graceful response. Miyazaki, at 83, won his second Oscar, enhancing his esteemed legacy.

OTHER NEWS

✈️ Air Force Seeks $188B to Retire 250 Aircraft in 2025 Budget

The US Air Force requests a $188.1 billion budget for FY 2025, aiming to retire 250 aircraft and enhance competitiveness with China, amidst spending constraints. Air Force Secretary Frank Kendall emphasized, "We're very, very fixated on being competitive with the pacing challenge [of China]," highlighting a focus on modernization and maintaining essential capabilities within the Fiscal Responsibility Act's limits.

🚀 Daily Bitcoin Rally Generates 1,500 'Millionaire Wallets'

The Bitcoin surge has created around 1,500 new "millionaire wallets" daily, reveals Kaiko Research, despite the slower pace compared to the 2021 bull run. With Bitcoin hitting over $72,000, partly fueled by demand for US exchange-traded funds, the growth reflects cautious optimism. Kaiko notes, "whales could be taking a more cautious approach," amidst a slower influx of fresh capital and profit-taking by large holders.

🏖️ Miami Beach Breaksup with Spring Break

Miami Beach, grappling with the fallout of spring break violence, including two fatal shootings in 2023, is enforcing a crackdown with Governor Ron DeSantis deploying 140 state troopers to manage the chaos. The city's new measures—fines, curfews, and restricted access—are part of a campaign to deter unruly crowds while addressing concerns of discrimination. Business owners expressed frustration over the impact on commerce.

THIS DAY THAT YEAR

On 12th March, 1999, Poland, Hungary, and the Czech Republic joined NATO, marking the alliance's first expansion into Central Europe post-Cold War. This strategic move symbolized the end of Cold War divisions and enhanced European security by integrating these nations into Western defense structures.

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