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U.S. VP says Americans shouldn’t go to jail because of weed

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President Joe Biden took executive action last week, pardoning all prior federal offences of ‘simple marijuana’ possession

He want to wants to lift the burden for those who have been denied employment, housing or any opportunity because of the conviction.

Vice President Kamala Harris took to the stage to support the move, ending her speech with a statement that left the crowd roaring in applause

In a statement, the President says:

“There are thousands of people who have prior federal convictions for marijuana possession, who may be denied employment, housing, or educational opportunities.”

“My action will help relieve the collateral consequences arising from these convictions.”

The move was one of Biden’s campaign promises and will likely please members of his left-leaning supporter base as the nation’s midterm elections approach.

U.S. Attorney General Merrick Garland will now develop an “administrative process” to issue certificates of pardon to impacted citizens.

State governors are also being urged to take similar steps.

But as federal and state regulation of marijuana changes, Biden warns “important limitations on trafficking, marketing, and under-age sales should stay in place”.

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China leads world in AI and 6G patents

China dominates AI and 6G patents, securing 60% and 40.3% of global applications respectively, says 2025 conference report

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China dominates AI and 6G patents, securing 60% and 40.3% of global applications respectively, says 2025 conference report

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In Short:
– China holds 60% of global AI patents and 40.3% of 6G patent applications.
– The country leads in 5G infrastructure with 4.55 million base stations and 1.12 billion users.
China has emerged as the leading holder of artificial intelligence patents, responsible for 60 percent of the global total.
The country also leads in next-generation 6G patent applications, accounting for 40.3 percent of worldwide filings. The insights were presented in reports at the 2025 World Internet Conference held from November 7-9 in Wuzhen, Zhejiang Province.The conference showcased China’s technological advancements, highlighting participation from over 1,600 delegates across 130 nations.

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As of June 2025, China has established 4.55 million 5G base stations, with 1.12 billion 5G mobile phone users.

The nation’s computing power has reached 788 EFLOPS, boasting 10.85 million standard racks in operation, ranking among the world’s top infrastructures. Projections estimate that China’s 6G industry will soar to 1.2 trillion yuan by 2030, with industrial applications making up 40 percent and smart cities at 30 percent.

The quantum computing sector is expected to reach 11.56 billion yuan in 2025, with growth rates surpassing 30 percent.

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China continues to hold the title of the largest e-commerce market globally for the 12th consecutive year, with 974 million online shoppers recorded by December 2024.

Online retail sales reflected a 7.2 percent increase. JD.com’s founder announced plans for an unmanned delivery station by April 2026, while Alibaba is developing a “super AI cloud” for global developers.


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Wall Street wobbles as RBA and Tesla face tests

Global markets are unsettled by Wall Street’s downturn, inflation in Australia, and key U.S. tariff decisions.

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Global markets are unsettled by Wall Street’s downturn, inflation in Australia, and key U.S. tariff decisions.


Global markets are jittery amid a Wall Street sell-off, renewed inflation pressure in Australia, and high-stakes decisions on U.S. tariffs and Elon Musk’s Tesla pay deal.

Capital.com’s Kyle Rodda breaks down the risks and reactions shaping the week ahead.

#Markets #WallStreet #RBA #Tesla #ElonMusk #Inflation #Trade #Finance #Economy #CapitalCom


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Bitcoin crash shakes global markets

Bitcoin’s drop below $100K triggers $45B in long-term selling, affecting global markets; insights from David Scutt on future trends.

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Bitcoin’s drop below $100K triggers $45B in long-term selling, affecting global markets; insights from David Scutt on future trends.


Bitcoin’s slide below $100,000 has sent shockwaves through global markets, with $45 billion in long-term holdings sold and risk assets tumbling.

David Scutt from StoneX breaks down what’s driving the sell-off — and where markets go next.

#Bitcoin #CryptoCrash #Markets #RiskAssets #CryptoNews #FedPolicy


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