US Achieves Energy Independence

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BUSINESS & ECONOMY

🌟US Attains Energy Self-Sufficiency After 40 Years

As per J.P. Morgan's report, the U.S. has attained energy independence for the first time in four decades, transforming into a net fossil fuel exporter. Michael Cembalest, the chair of market and investment strategy remarked, "Europe and China compete for global energy resources," This milestone comes amid global energy demand surges, positioning America advantageously against international market instabilities and fuel shortages.

📈 Dollar Rises Amid US Inflation Impact on Rate Predictions

The dollar firmed, set to break a losing streak amid hot U.S. inflation data, hinting at delayed Fed rate cuts. With the U.S. producer price index surpassing expectations, markets adjusted the likelihood of a June rate cut. The Fed's next meeting and Powell's remarks are awaited. Ryan Brandham noted, "the risk that the last mile on taming inflation in the U.S. might not be as easy," impacting rate cut timing.

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WORLD

🌍 Somalia Re-Enters Global Finance with Debt Relief Deal

Somalia secures a $4.5 billion debt relief under the IMF's initiative, slashing its GDP debt ratio from 65% to 6%, heralded as "a major milestone." This breakthrough follows extensive reforms and re-engagement with the global community after decades of conflict and economic distress. The relief supports Somalia’s fight against economic and security challenges, signaling international confidence in President Mohamud’s administration.

🚨 US Marine Anti-Terrorism Unit Deployed in Haiti, Confirm Officials

A Marine anti-terrorism unit has been deployed to Haiti to secure the U.S. Embassy and support potential evacuations, as confirmed by Gen. Laura Richardson. Amidst Haiti's escalating violence and political unrest, the U.S. Embassy remains operational. Despite no active evacuation plans, Americans have been advised against traveling to Haiti since 2020. Prime Minister Ariel Henry's agreed resignation underlines the country's instability.

SCIENCE & TECH

🍏 Apple Buys AI Firm Focused on Manufacturing Oversight

Apple acquired DarwinAI, a Canadian AI firm specializing in manufacturing efficiency, signaling its push into AI, particularly for iOS 18's on-device capabilities. Despite no official announcement, evidence from LinkedIn and investor confirmations like BDC Capital suggests the deal. Apple, trailing in gen-AI, plans to unveil related features, with Tim Cook stating, “We continue to spend a tremendous amount of time and effort” in AI.

🖥️ Intel's New CPU Reaches 6.2GHz, Sets Speed Record

Intel's Core i9-14900KS CPU breaks speed records, reaching 6.2GHz without overclocking, surpassing the previous 6GHz mark. With 24 cores, 32 threads, and 36MB Smart Cache, it leverages Thermal Velocity Boost for optimal performance, especially under 70°C. Designed for gamers and content creators, it offers significant performance gains and is priced at $700, compatible with Z790 and Z690 motherboards, prioritizing speed over AI in its product strategy.

🚀 Microsoft Unveils Copilot Pro Globally: Get a Free One-Month Trial

Expanding globally to 222 countries, Microsoft's $20 Copilot Pro subscription now offers a free one-month trial, promising priority access to OpenAI models, the ability to customize your own GPT and seamless integration within Office apps. Soon to extend to mobile, the service aims to democratize AI-powered assistance across Microsoft 365, with further enhancements and Windows 11 updates anticipated at May's Build conference.

SPORTS & ENTERTAINMENT

📸 Instagram Tags Kate Middleton’s Mother’s Day Photo as 'Altered'

Instagram marked Kate Middleton's edited Mother’s Day photo as "altered," sparking scrutiny. Fact-checkers and the platform's warning suggest potential misinformation. Amidst public absence and conspiracy theories, Middleton, recovering from surgery, apologized: "I do occasionally experiment with editing... I wanted to express my apologies for any confusion." She's set to reappear publicly at the Trooping the Colour parade.

🏈 Bears Sign 6-Time Pro Bowler Keenan Allen

The Chicago Bears traded for six-time Pro Bowl receiver Keenan Allen from the Chargers, giving up a 2024 fourth-round pick. GM Ryan Poles praised Allen, highlighting his career achievements and potential to enhance the Bears' offense. Allen's record-breaking performances, including leading receptions last season, position the Bears uniquely with two receivers surpassing 1,200 yards last year.

OTHER NEWS

🚫 Pornhub Halts Operations in Texas Over Age-Verification Law

The 5th Circuit upheld a Texas law mandating age-verification on adult sites, a move Pornhub claims infringes on free speech and won't protect children, blocking access in Texas. Legal experts call the law unconstitutional, conflicting with Supreme Court rulings. Texas AG Paxton lauds the decision, aimed at preventing children from accessing "harmful, obscene material."

❄️ Colorado Snowstorm: Emergency Declared in Two Counties

Clear Creek and Gilpin Counties in Colorado declared emergencies due to a severe snowstorm, straining resources, and closing roads. Officials, including Ray Rears, emphasized the storm's impact, while Sheriff Armstrong urged people to stay home for safety. Despite I-70 reopening, the storm continues, with heavy snow expected to accumulate further, impacting travel and emergency responses.

THIS DAY THAT YEAR

On 15th March 2019, over 1.5 million students worldwide skipped school to protest for climate action under the Fridays for Future movement, started by Greta Thunberg. They demanded urgent political and industry shifts to combat climate change and promote renewable energy, marking a significant global youth-led environmental initiative.

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