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SUMMARY OF THE SHOCKING EVENTS IN SOUTH KOREA 🇰🇷
-The president of South Korea Yoon Suk-Yeol expected an impeachment from the opposition, to prevent that, he declared martial law banning all political activity!
-The Korean army came and closed off the parliament to prevent MPs from coming in and voting, but Korean MPs climbed over the fence and made their way to the parliament, breaching the block!
-The parliament was as able to vote, and they voted unanimously to lift the martial law and lift all restrictions.
-The president is constitutionally obliged to lift martial law after a decision by parliament.
-Martial law will remain in place in South Korea until the president issues a decree to lift it.
-Protesters outside the National Assembly are still chanting "Arrest Yoon Suk-yeol". They have announced that they will remain in the same place until the President resigns or is impeached.
The U.S. could lose up to $90 billion in 2025 as foreign tourism drops and boycotts of American goods rise.
March saw a 10% decline in non-citizen air arrivals, and Goldman Sachs warns this could shave 0.3% off GDP if the trend worsens.
Source: Bloomberg
JPMorgan CEO Jamie Dimon urged the Trump administration to immediately start talks with China to end the trade war.
He warned that ongoing tariff tensions could damage U.S. economic credibility and investor confidence.
“There’s no engagement right now. You could start tomorrow.”
“I would want to negotiate eventually with Europe, with the UK, with Japan, Korea, Australia, Philippines, and have a very strong economic relationship.”
Source: FT
China Tightens Grip on Rare Earths—Targeting the US
As trade tensions rise, Beijing weaponizes seven rare earth metals critical to US military and tech.
From fighter jets to MRI machines, these elements are everywhere—and China controls the supply chain.
•Terbium: Key for smartphone screens, aircraft magnets, and missiles. Heat-resistant but scarce. China supplies most exports to Japan, South Korea, and the U.S.
• Yttrium: Used in cancer treatment and superconductors. U.S. mines it but lacks processing; 93% of imports come from China.
• Dysprosium: Vital for EV and wind turbine magnets, plus nuclear rods. Less than 0.1% reaches the U.S.; Malaysia may ramp up output.
• Gadolinium: Enhances MRI scans and metal alloys. Also used in nuclear reactors.
• Lutetium: A dense catalyst metal used in oil refining. U.S. imports nearly all from China.
• Samarium: Powers magnets in turbines and lasers. U.S. classifies it as a critical material.
• Scandium: Found in aerospace parts and oil refining. Not produced in the U.S. since the 1970s; EU production expected.
• Neodymium & Praseodymium: Essential for EV motors and turbines. China dominates production, though not yet restricted.
The U.S. has almost no refining capacity for these metals, per Project Blue. China’s control of mining and processing gives it a strategic edge, especially since these materials have civilian and military uses.
Source: Bloomberg
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U.S. Warns Hungary on Growing China Ties
The top U.S. diplomat in Budapest urged Hungary to show “vigilance” over deepening Chinese investments, cautioning that they may clash with U.S. strategic interests.
“China poses a strategic challenge to the United States and our allies,” said Chargé d’Affaires Robert Palladino.
Hungary has drawn 44% of China’s recent European investments, including deals with EV giants CATL and BYD, and a new Huawei-linked cloud project.
Source: Bloomberg
P_entagon officials recently questioned an ally about continuing arms supplies to Ukraine—an inquiry that was brushed off.
Some Trump aides reportedly express being “fed up” with Europe’s Ukraine support.
Source: The Economist
Nvidia Hit by U.S. Ban on AI Chip Sales to China The U.S. has indefinitely banned Nvidia from selling H20 AI chips to China without a license.
#Nvidia expects up to $5.5 billion in losses from unsellable inventory and contract obligations.
White House:
China now faces up to a 245% tariff on imports to the United States as a result of its retaliatory actions.
The Jaguar, a key part of #France Scorpion modernization program, is facing serious technical and operational issues despite its €5 million per unit cost.
Designed as a next-generation reconnaissance and combat vehicle, it remains non-operational, requiring major fixes.
Key Issues:
• Unstable turret – Poor stabilization makes firing on the move inaccurate.
• Electronic failures – Software and hardware malfunctions raise reliability concerns.
• Power distribution issues – Officers joke: “On the Jaguar, you can’t use the lady’s hairdryer and the gentleman’s electric razor at the same time.”
• No drone defense – Lacks anti-drone capabilities, a major battlefield weakness.
• Climate control failures – Air conditioning is unreliable, impacting crew endurance.
Launched in 2014 with a €5 billion budget, Scorpion aims to modernize France’s armored fleet.
The Jaguar, along with Griffon and Serval, was meant to be its backbone—but its persistent flaws threaten that vision.
Source: Marianne
Tesla Takedown Movement
A global protest movement called “Tesla Takedown” is urging people to sell #Tesla cars and stock in response to CEO Elon Musk’s involvement in the Trump administration and the Department of Government Efficiency (DOGE).
Over 500 protests are planned at Tesla showrooms and charging stations worldwide this Saturday (March 29).
India Moves to Cut Tariffs on U.S. Goods to Avert Trade Clash
India plans to lower or eliminate tariffs on 55% of U.S. imports—worth over $23B—in a bid to protect $66B in exports from potential U.S. retaliation.
The move is seen as India’s biggest tariff concession in years.
Source: Reuters
Lagos Police Arrest Bank Workers, Others Over N277.8m Airline Fraud, Commissioner of Police Olohundare Jimoh confirmed ongoing investigations
Topaccolade is now on YouTube!
https://t.co/gduAjOpepC
Lagos Police Arrest Bank Workers, Others Over N277.8m Airline Fraud, Commissioner of Police Olohundare Jimoh confirmed ongoing investigations
Topaccolade is now on YouTube!
https://t.co/gduAjOpepC
India Moves to Cut Tariffs on U.S. Goods to Avert Trade Clash
India plans to lower or eliminate tariffs on 55% of U.S. imports—worth over $23B—in a bid to protect $66B in exports from potential U.S. retaliation.
The move is seen as India’s biggest tariff concession in years.
Source: Reuters
Tesla Takedown Movement
A global protest movement called “Tesla Takedown” is urging people to sell #Tesla cars and stock in response to CEO Elon Musk’s involvement in the Trump administration and the Department of Government Efficiency (DOGE).
Over 500 protests are planned at Tesla showrooms and charging stations worldwide this Saturday (March 29).
The Jaguar, a key part of #France Scorpion modernization program, is facing serious technical and operational issues despite its €5 million per unit cost.
Designed as a next-generation reconnaissance and combat vehicle, it remains non-operational, requiring major fixes.
Key Issues:
• Unstable turret – Poor stabilization makes firing on the move inaccurate.
• Electronic failures – Software and hardware malfunctions raise reliability concerns.
• Power distribution issues – Officers joke: “On the Jaguar, you can’t use the lady’s hairdryer and the gentleman’s electric razor at the same time.”
• No drone defense – Lacks anti-drone capabilities, a major battlefield weakness.
• Climate control failures – Air conditioning is unreliable, impacting crew endurance.
Launched in 2014 with a €5 billion budget, Scorpion aims to modernize France’s armored fleet.
The Jaguar, along with Griffon and Serval, was meant to be its backbone—but its persistent flaws threaten that vision.
Source: Marianne
The US and India should enhance their cooperation on security and intelligence-sharing under the administration of President Donald Trump, a top American intelligence official said.
Source: Bloomberg
Over the weekend, People’s Defence Forces (PDF) dealt a major blow to junta forces in Katha Township, northern Sagaing Region.
• 30 junta troops captured & heavy casualties reported
• Fierce battles lasted over a day with continuous artillery strikes
• Resistance forces seized weapons & some soldiers surrendered Source: The Irrawaddy
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