software engineer standing beside server racks

Multiple Global Developments Worth Watching Today

Tragedy struck the Church of Jehovah’s Witnesses in Hamburg, Germany, as a shooting occurred, resulting in at least seven deaths and eight injuries. The perpetrators are still at large, but the police believe the attacker may have died at the scene.

Meanwhile, Russia reportedly used Kinzhal hypersonic missiles to shoot down Ukraine, resulting in a temporary power outage at the Zaporizhia nuclear power plant, which left at least nine people dead.

In other news, US President Joe Biden is proposing to introduce a gradual tax of up to 30% on electricity used in cryptocurrency mining over the next three years to reduce the negative impact on the environment.

The Georgian government has decided to abandon a bill requiring media and NGOs with foreign ties to be registered as “foreign agents,” which the US has urged them to withdraw entirely.

The US National Highway Traffic Safety Administration (NHTSA) is investigating complaints that a 2023 Model Y steering wheel came off while the driver was on the road.

Indonesia announced new regulations allowing investors to use land in the new capital Nusantara for 95 years to encourage investment in the project.

On the other hand, the death toll from a landslide on Indonesia’s western island of Cerasan rose to 30 with 24 people still missing following heavy rains that forced over 1,000 people to evacuate their homes for six days.

In economic news, several countries will release significant economic data today. South Korea will reveal the current account balance for January, Japan will release household spending and producer price index (PPI) for January, and the Bank of Japan (BOJ) will announce its monetary policy meeting and interest rate decision. Germany will release inflation figures for February, the UK will disclose gross domestic product (GDP) and industrial production data for January, France will release trade balance data for January, India will release production data for the industrial sector in January, and the United States will disclose non-farm payrolls for February.

Leave a Reply

%d bloggers like this: