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American journalist detained in Myanmar charged with terrorism

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An American journalist, reporting in Myanmar has been detained and charged with terrorism

US journalist Danny Fenster who was detained in Myanmar after being arrested in May, has been charged with terrorism and sedition after he tried to leave the south-east Asian nation. He could face life in prison if convicted.

The nation’s terrorism law criminalises contacts with officially designated “terrorist” groups.

It covers “acts of persuasion, propaganda and recruitment of any person to participate in any terrorist group”.

Myanmar’s military seized power in February, where the elected government of Aung San Suu Kyi was ousted.

It has repeatedly used lethal force against protesters but has been unable to quell popular resistance to its takeover.

More than 1,000 civilians are estimated to have been killed and there have been widespread arrests.

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Leaders

Elon Musk is projected to become the world’s first trillionaire

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Elon Musk, the visionary entrepreneur behind Tesla and SpaceX, is projected to achieve an unprecedented financial milestone by becoming the world’s first trillionaire by 2027.

Currently the richest person alive, Musk holds a staggering net worth of $251 billion, with Tesla playing a major role in his fortune.

At this rate, experts predict his wealth could skyrocket, reaching the trillion-dollar milestone in just three years.

Tesla itself is growing at a remarkable pace, with a market value nearing $670 billion. #featured #trending

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Money

Treasury Secretary believes the U.S. are on track for a “safe landing”

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Treasury Secretary Janet Yellen pointed to a “soft landing” for the economy, with unemployment slightly down despite slower job creation.

In a recent interview on Bloomberg, Yellen stated that “For the US, the kinds of metrics that we would monitor that would summarise risks — whether it’s asset valuations or a good degree of leverage — things look good, I don’t see red lights flashing”. #featured #trending

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Leaders

Trump promises to slap unprecedented tariffs on foreign allies

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Former President Donald Trump has promised to slap unprecedented Tariffs on foreign allies, including the European Union, if he wins the 2024 presidential election.

Trump pledged to reduce the corporate tax rate from 21% to 15% for companies that make their products in the U.S.

While he had already said he wanted to cut the corporate tax rate to 15%, he had not previously tied that lower rate to keeping manufacturing inside the country. #featured #trending

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