Saturday☕️

16 Nov 2024 — 4 min read

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President-elect Donald J. Trump has chosen Karoline Leavitt, 27, as his White House Press Secretary, making her the youngest to hold the role. Leavitt previously served as National Press Secretary for Trump’s 2024 campaign, managing media relations and public messaging.
She also worked in Trump’s first administration as an Assistant Press Secretary and Presidential Writer and was Communications Director for Rep. Elise Stefanik. As Press Secretary, Leavitt will act as the main spokesperson for the administration, sharing key policies and addressing the media.

Economics & Markets:

Geopolitics & Conflicts:

Peru and China have reached an agreement to construct the Chancay megaport, a state-of-the-art shipping hub located on Peru’s central Pacific coast, about 80 kilometers north of Lima. Funded by the Chinese Cosco Group, the project aims to strengthen trade between South America and Asia, positioning Peru as a key player in global commerce while promising to create jobs and drive economic growth. During the signing ceremony at the Government Palace, Chinese President Xi Jinping and Peruvian President Dina Boluarte highlighted the port’s strategic importance and potential benefits.

Environment & Weather:

Tropical Storm Sara has severely impacted northern Honduras, displacing residents as floods and landslides affect the region. Over 1,000 people are in shelters, and a national emergency has been declared. Experts warn of catastrophic flash flooding as rivers overflow, while Sara’s 50 mph winds and up to 35 inches of rain pose a serious threat to coffee production and vulnerable areas.

Space:

Yesterday, China successfully launched the Tianzhou-8 cargo spacecraft from the Wenchang Spacecraft Launch Site on Hainan Island at 15:13 GMT. The mission supports the Tiangong space station, China’s modular orbital laboratory designed for long-term human habitation and scientific research. Tiangong, meaning “Heavenly Palace,” is China’s answer to international space efforts, providing a platform for experiments in biology, materials science, and astronomy while advancing the country’s space exploration goals.
Tianzhou-8 is carrying critical supplies to the station, including food, medical items, fuel for orbital operations, and scientific equipment. It also delivers experimental materials like simulated lunar bricks to test their potential for building moon habitats. This mission highlights the strategic importance of the Tiangong station in supporting scientific discovery and China’s broader ambitions in space.

Security:

Misconfigured access controls in Microsoft Power Pages websites have led to serious data exposure risks across industries like healthcare and government. These issues occur when organizations fail to properly secure sensitive information, making it accessible to unauthorized users.
For example, an NHS service provider accidentally exposed personal details of over 1.1 million employees, including home addresses and contact information. These incidents show the importance of carefully setting up access controls and regularly reviewing security settings to prevent data leaks.
Saint Xavier University experienced a ransomware attack by Alphv/BlackCat between June and July 2023, affecting 212,267 people. The attackers stole over 1 terabyte of sensitive information, including Social Security numbers, financial data, and medical records.
The university began notifying those affected in October 2024 and is offering free credit monitoring services. This breach highlights the growing threat of ransomware attacks on educational institutions and the urgent need for stronger security measures to protect personal data.

Business:

Last night, Jake Paul defeated Mike Tyson by unanimous decision in a highly anticipated boxing match streamed live on Netflix. The event marked Netflix’s first venture into live sports, signaling a major shift in how high-profile events are broadcast. With Netflix’s global subscriber base of 280 million households, the fight had the potential to attract a massive audience, although specific viewership numbers have not been disclosed.
Jake Paul earned $40 million for the fight, while Mike Tyson took home $20 million, showcasing the financial success of such events. This fight also highlights a growing trend of live sports shifting from traditional TV to streaming platforms. By hosting this event, Netflix aims to diversify its content offerings, attract new subscribers, and compete with other platforms that have entered the live sports market.

Statistic: