Author: kumbhorg

Peter HoskinsBusiness reporterGetty ImagesUS President Donald Trump says he will hit movies made in foreign countries with 100% tariffs, as he ramps up trade disputes with nations around the world.Trump said he was authorising the US Trade Representative to start the process to impose the levy because America’s movie industry was dying “a very fast death”.He blamed a “concerted effort” by other countries that offer incentives to attract filmmakers and studios, which he described as a “National Security threat”.”It is, in addition to everything else, messaging and propaganda!” Trump said on his Truth Social platform. “WE WANT MOVIES MADE IN…

According to a new SEC filing today, Brown University, a private university based in Providence, Rhode Island, revealed a large position in BlackRock’ spot Bitcoin ETF, IBIT, as first reported by market analyst MacroScope. The position showed Brown held $4,915,050 in IBIT as of March 31, 2025, which sees the school become the third U.S. university to publicly announce a Bitcoin purchase after Emory & University of Austin (UATX), according to VanEck’s Matthew Siegel. “In a 13F filing this morning, Brown University reported owning 105,000 shares of the IBIT Bitcoin ETF as of March 31, valued at $4.9 million,” MacroScope…

After a video of Babil Khan crying went viral online, several Bollywood celebrities showed their support for the Logout actor. His team later shared an official statement about the incident. However, filmmaker Sai Rajesh criticized the clarification, which upset Babil. In response, he commented online, saying, “I slit my fu**ing wrist for him.”Babil Khan’s Viral Breakdown Video Draws Industry SupportBabil Khan’s team clarified that the actor mentioned names like Ananya Panday, Shanaya Kapoor, Siddhant Chaturvedi, Raghav Juyal, Adarsh Gourav, Arjun Kapoor, and Arijit Singh in his viral video because he genuinely admires them. However, filmmaker Sai Rajesh didn’t accept the…

Bayern Munich were crowned German champions for the 34th time on Sunday, giving striker Harry Kane his first major trophy, after second-placed Bayer Leverkusen drew 2-2 at Freiburg.Bayern’s 3-3 draw at RB Leipzig on Saturday, when the Bavarians came from two goals down to take the lead before conceding a stoppage-time equaliser, meant defending Bundesliga champions Leverkusen needed to win at Freiburg to delay the title party.Leverkusen were two goals down before scoring twice in the last 10 minutes.But Xabi Alonso’s side could not find a third, as Bayern reclaimed the title at the first attempt after Leverkusen ended their…

Texas has rewritten the rules of American education governance. With the stroke of a pen, Governor Greg Abbott has signed into law the most expansive school voucher programme in the United States — one that makes more than 5 million children eligible to use public funds for private education. This sweeping move not only cements Texas’ role at the forefront of the conservative school choice movement, but also intensifies a growing national debate about the future of public education.Backed by a $1 billion allocation for its initial two years, the law is a culmination of years of ideological pressure and…

The Indian Ocean is rarely where you’d expect the next great crypto power play to emerge, but that’s exactly what’s unfolding in the Maldives. Last week, the island nation, better known for honeymooners than hash rates, announced a jaw-dropping $9 billion joint venture to build a Maldives International Financial Centre focused on blockchain and digital assets. Dubai-based MBS Global Investments, the family office of Qatari royalty, spearheads the project. The proposed 830,000 sq. m hub in Malé aims to triple the national GDP in four years and provide employment for over 16,000 people. At face value, it sounds like any…

Join Our Telegram channel to stay up to date on breaking news coverage Strategy said it will double its capital raising plan to $84 billion to buy more Bitcoin, even after posting a record $4.2 billion loss in the first quarter. In a May 1 earnings call, the Bitcoin buying company, previously known as MicroStrategy, reported revenues of $111.1 million for the first quarter, down 3.6% from the same quarter last year and well short of the 5% Wall Street analysts had forecast. Strategy’s net loss of $4.2 billion, caused by an accounting revision that shows the firm’s Bitcoin holdings…

I wrote on 27th April that the best trades for the week would be:Long of the EUR/USD currency pair following a daily (New York) close above $1.1517. This did not set up.Short of the USD/JPY currency pair (New York) close below ¥140.75. This did not set up.Long of Gold following a daily (New York) close above $3,425. This did not set up.Short of the USD/MXN currency pair. This rose by 0.39% over the week.The overall result was a loss of 0.39%, which was 0.10% per asset.Last week saw a calmer and more bullish market as we seem to have moved…

Introducing Connectivism Imagine you want to learn about a specific topic, whether you need it for your career or as part of your educational journey. Instead of buying textbooks and studying them page by page, you try something different. You listen to podcasts from experts on the matter, follow LinkedIn posts from researchers, watch YouTube explainers, join a related Reddit community, and even have conversations on forums or group chats. Slowly, you manage to get a deep, practical understanding of the topic without ever resorting to traditional learning methods. This kind of learning, which seems like creating a network of…

A mother of two young kids shared that “rude” employees at a toy store toyed with her emotions during her family’s recent shopping excursion. The woman chronicled the jarring outing on community forum Mumsnet, where she asked other users if they think she’s being unreasonable.  “I’m holding my 18-month-old daughter so she doesn’t pull everything off shelves,” she recalled. “My 4-year-old daughter runs ahead and picks up a unicorn Jellycat and cuddles it saying, ’Can I get this please, mommy?’ ” Then, the mom said that the “shop assistant shouts across the room, ‘Can she put that back if you’re…