Monday☕️

Trending:
- Title 42
- TROPICS Satellite Launch
- Formula 1
Markets/Economies:
- Five years of S&P 500 performance:

- Yesterday's crypto market:

Title 42:

- Title 42 will expire on Thursday, May 11th. The termination of Title 42 is expected to result in a significant influx of migrants at the southern border. Since its enactment in 2020, over 3 million individuals have been turned away using this policy.
- In response, the Pentagon will deploy 1,500 active-duty troops to assist Customs and Border Patrol for 90 days. El Paso, a border city, has declared a state of emergency in anticipation of the migrant surge, allowing the city to open temporary shelters and use federal funds to address the issue.
TROPICS Satellite Launch:

- The TROPICS (Time-Resolved Observations of Precipitation Structure and Storm Intensity with a Constellation of Smallsats) are shoebox-sized satellites joining NASA's Earth observation missions. These satellites focus on studying the formation and development of tropical cyclones.
- The primary benefit of TROPICS satellites is their ability to gather near-hourly data on tropical cyclones, which are powerful and potentially destructive weather systems.
- By collecting data at such high frequency, these satellites can provide scientists and meteorologists with crucial information about the cyclones' structure, intensity, and changes over time.
Formula 1:

- Max Verstappen won the Miami Grand Prix. Verstappen has had a strong season, with three wins and two second-place finishes. Other noteworthy racers included Fernando Alonso, finishing third, and Lewis Hamilton, who climbed from 13th to sixth place.
- The next race in the Formula 1 calendar is the 2023 Qatar Airways Gran Premio del Made in Italy E Dell'Emilia-Romagna, taking place from May 19 to May 21.
- The event will be held at the Autodromo Enzo e Dino Ferrari, a 4.909-kilometer circuit commonly known as Imola and formerly the home of the San Marino GP. The race is scheduled for Sunday, May 21, and will consist of 63 laps.
Statistic:
- Largest military budgets in 2022:
- 🇺🇸USA: $877 billion
- 🇨🇳China: $292 billion
- 🇷🇺Russia: $86 billion
- 🇮🇳India: $81 billion
- 🇸🇦Saudi Arabia: $75 billion
- 🇬🇧UK: $69 billion
- 🇩🇪Germany: $56 billion
- 🇫🇷France: $54 billion
- 🇯🇵Japan: $46 billion
- 🇰🇷South Korea: $46 billion
- 🇺🇦Ukraine: $44 billion
- 🇮🇹Italy: $33 billion
- 🇦🇺Australia: $32.2 billion
- 🇨🇦Canada: $26.9 billion
- 🇮🇱Israel: $23.4 billion
- 🇪🇸Spain: $20.3 billion
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