Sunday☕️

Sunday☕️

Trending:

  • Yesterday, March 29, 2025, an explosion involving a luxury limousine occurred on a street in Moscow, near the headquarters of the Federal Security Service (FSB) in the Lubyanka district. The vehicle was identified as an Aurus Senat, a model associated with the Russian government and part of the fleet managed by the Kremlin’s Presidential Property Management Department. Reports indicate that the fire began in the engine and spread throughout the vehicle, producing significant smoke and flames. Emergency services responded promptly, extinguishing the blaze, and no injuries or fatalities were officially reported.
Clickable image @BRICSinfo
  • The cause of the explosion remains undetermined, and Russian authorities have provided limited information as investigations proceed. Speculation has arisen about a possible link to President Vladimir Putin due to the vehicle’s connection to his official motorcade, though there is no indication he was present or targeted. Investigations are ongoing, and further details are yet to be released by the Russian government.

Economics & Markets:

  • Yesterday’s commodity market:
TradingView @7:56 PM EST
  • Yesterday’s crypto market:
TradingView @7:56 PM EST

Geopolitics & Military Activity:

  • Yesterday, March 29, 2025, U.S. forces, working alongside the Federal Government of Somalia, conducted multiple precision airstrikes targeting ISIS-Somalia operatives in a remote area about 35 kilometers northeast of Kismayo. The operation resulted in the deaths of five ISIS-Somalia militants, with no reported civilian casualties, according to an initial assessment from the U.S. Africa Command (AFRICOM). The strikes were aimed at disrupting the group’s activities in a region where it has maintained a persistent presence. This action is part of a broader effort to weaken ISIS-Somalia’s ability to operate and carry out attacks both locally and beyond.
Clickable image @USAfricaCommand
  • ISIS-Somalia, an affiliate of the broader Islamic State, emerged in late 2015 when a faction of al-Shabaab militants in Somalia’s Puntland region pledged allegiance to the group, led by Abdulqadir Mumin. Though smaller than al-Shabaab, ISIS-Somalia has established a foothold in northern Somalia, particularly in the Bari region, where it has conducted sporadic attacks against local forces and civilians. The group’s operations in Africa have included extortion of local businesses and recruitment efforts, often clashing with al-Shabaab over territory and influence. While its activities have been concentrated in Somalia, ISIS-Somalia is part of a network of Islamic State affiliates that have carried out attacks across the continent, including in Libya, Nigeria, and the Sinai Peninsula, contributing to instability in multiple regions.

Environment & Weather:

  • A 7.7 magnitude earthquake struck central Myanmar on Friday, March 28, 2025, with its epicenter near Sagaing, approximately 10 miles northwest of Mandalay, resulting in significant loss of life and widespread damage. By Saturday, Myanmar’s authorities reported over 1,000 deaths, with thousands injured and many still missing amid the wreckage of collapsed structures.
Clickable image @theinformant_x
  • The impact reached beyond Myanmar, with tremors felt in Bangkok, over 600 miles away, where a 33-story building under construction collapsed, killing at least nine people and leaving dozens unaccounted for. In Myanmar, airports in Naypyitaw and Mandalay sustained heavy damage and were temporarily closed, alongside highways and bridges that suffered significant structural failures. Rescue efforts face challenges due to limited equipment, with many survivors in Mandalay searching through debris manually. On Saturday, foreign assistance began arriving, including teams from China, India, and the U.S., though specific aid details remained limited at the time.
Clickable image @NWS

Space:

  • Yesterday, March 29, 2025, China successfully conducted a space launch from the Wenchang Space Launch Site, located on Hainan Island. The mission utilized a Long March 7A rocket, launched from Launch Complex 201 (LC-201). The payload for this mission was the Tongxin Jishu Shiyan Weixing-16, also known as the Communication Technology Test Satellite-16 (TJS-16).
  • This experimental satellite is designed to provide high-speed satellite communications services, marking another step in China’s efforts to enhance its space-based communication infrastructure. The launch was reported as a success, with the satellite entering its predetermined geotransfer orbit. The Long March 7A, a variant of the Long March 7 series, is a reliable workhorse for China’s space program, tailored for missions requiring geostationary transfer orbits (GTO).

Statistic:

  • Largest public financial service companies by market capitalization:
  1. 🇺🇸 JPMorgan Chase: $679.03B
  2. 🇺🇸 Visa: $661.36B
  3. 🇺🇸 Mastercard: $492.87B
  4. 🇺🇸 Bank of America: $313.61B
  5. 🇨🇳 ICBC: $299.73B
  6. 🇨🇳 Agricultural Bank of China: $244.08B
  7. 🇨🇳 China Construction Bank: $233.04B
  8. 🇺🇸 Wells Fargo: $230.81B
  9. 🇨🇳 Bank of China: $212.46B
  10. 🇬🇧 HSBC: $204.98B
  11. 🇺🇸 American Express: $186.13B
  12. 🇺🇸 Morgan Stanley: $186.01B
  13. 🇺🇸 Goldman Sachs: $168.79B
  14. 🇮🇳 HDFC Bank: $168.67B
  15. 🇯🇵 Mitsubishi UFJ Financial: $161.70B
  16. 🇨🇦 Royal Bank of Canada: $158.63B
  17. 🇦🇺 Commonwealth Bank: $158.20B
  18. 🇺🇸 S&P Global: $154.11B
  19. 🇨🇳 CM Bank: $141.56B
  20. 🇺🇸 Charles Schwab: $141.11B
  21. 🇺🇸 Citigroup: $132.37B
  22. 🇺🇸 Fiserv: $121.31B
  23. 🇮🇳 ICICI Bank: $111.74B
  24. 🇸🇦 Al Rajhi Bank: $108.86B
  25. 🇨🇦 Toronto Dominion Bank: $105.78B

History:

  • Geothermal energy, derived from the Earth’s internal heat, has ancient roots in human civilization, with early uses dating back thousands of years to hot springs for bathing, cooking, and healing in cultures like the Romans, Chinese, and Indigenous peoples. The scientific exploration of geothermal energy began in the 19th century, but it wasn’t until 1904 in Larderello, Italy, that geothermal steam was successfully converted into electricity—marking the first practical demonstration of geothermal power generation. By the mid-20th century, countries like the United States, Iceland, and New Zealand began developing geothermal power plants, utilizing dry steam, flash steam, and binary cycle technologies to convert subterranean heat into usable electricity and heating systems.
  • Today, geothermal energy plays a critical role in renewable energy strategies, especially in regions with high tectonic activity. Modern systems not only power electrical grids but also support direct-use applications like district heating, greenhouse agriculture, and industrial processes. Enhanced Geothermal Systems (EGS), which artificially stimulate geothermal reservoirs, represent the frontier of tapping heat in non-traditional areas, vastly expanding geographic potential. However, challenges persist, including high upfront drilling costs, limited resource mapping, seismic risks, and the need for advanced materials to withstand harsh underground conditions.

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Clickable image @earthcurated

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