Wednesday☕️

Wednesday☕️

Trending:

  • Yesterday, South Korean President Yoon Suk Yeol declared martial law, citing threats from anti-state forces and accusing the opposition Democratic Party of pro-North Korean activities. The announcement sparked widespread protests across the country, with thousands taking to the streets to condemn what they viewed as an unconstitutional power grab.
Clickable image: @theinformant_x
  • A few hours later, the National Assembly held an emergency session and voted unanimously to cancel the martial law declaration. Facing widespread protests and mounting political pressure, President Yoon withdrew the order. The situation has further escalated political tensions in South Korea, with opposition leaders accusing President Yoon of abusing his power and calling for his resignation.

Economics & Markets:

  • Yesterday’s U.S. stock market:
TradingView
  • Yesterday’s commodity market:
TradingView @7:41 PM EST
  • Yesterday’s crypto market:
TradingView @7:41 PM EST

Geopolitics & Conflicts:

  • Yesterday, U.S. Central Command (CENTCOM) forces carried out a defensive strike near Military Support Site Euphrates in eastern Syria, destroying weapons that posed an immediate threat to U.S. and Coalition forces. The strike eliminated three truck-mounted rocket launchers, a T-64 tank, an armored personnel carrier, and mortars, some of which had already been fired at U.S. positions. While CENTCOM hasn’t confirmed who was responsible, the region is known for Iranian-backed militias and other hostile groups.
Clickable image @CENTCOM
  • Syria remains a battleground for several overlapping conflicts, including the U.S. fighting ISIS, U.S. and Israeli clashes with Iranian-backed groups, and the Syrian government’s ongoing war with rebel forces. These conflicts have made the country a war zone with multiple fronts, adding to the complexity and volatility. CENTCOM emphasized that this strike does not change the U.S. mission in Syria, which remains focused on defeating ISIS and maintaining stability with regional partners. U.S. forces continue to monitor the situation and stay prepared to respond to new threats.

Politics:

  • During his visit to Angola on December 3, 2024, President Joe Biden announced over $1 billion in U.S. humanitarian aid for 31 African countries facing drought and conflict. The aid will address urgent needs such as food, water, shelter, and support for refugees and displaced people. This initiative aims to alleviate suffering, combat food insecurity, and promote stability in the affected regions, reflecting the U.S. commitment to supporting vulnerable populations in Africa.
  • The Biden administration has finalized a long-term telework agreement allowing over 42,000 Social Security Administration (SSA) employees to work remotely until 2029. Signed by outgoing SSA Commissioner Martin O’Malley, the agreement is designed to maintain staffing levels and ensure the agency can continue providing essential services.
  • By securing this deal, the administration aims to modernize workplace practices and support employees with flexible work arrangements. This could pose challenges for the incoming Trump administration, which plans to reduce telework as part of efforts to streamline government operations. The binding nature of the agreement ensures SSA employees will remain eligible for telework, highlighting a broader debate about balancing employee flexibility with government efficiency.

Environment & Weather:

  • Snow squalls are expected across the Great Lakes and Northeast regions over the next few days, following an Arctic blast and intense blizzard-like conditions that have already impacted the area. These squalls, characterized by brief but intense bursts of heavy snow and strong winds, can lead to sudden whiteout conditions and dangerously icy roads.
Clickable image @NWS

Science & Technology:

  • The Utah Department of Transportation (UDOT) has installed 16 new Wyssen Avalanche Towers along the Mount Superior ridgeline above State Route 210 in Little Cottonwood Canyon as part of a $5.4 million project to enhance avalanche control. Each tower, costing $140,000, uses wireless technology to deploy explosives that hang just above the snow to trigger controlled avalanches. This modern system replaces the older Howitzer artillery method, which involved shooting over roads and buildings and posed significant safety risks.
  • By allowing remote operation, the Wyssen Towers improve safety for crews while maintaining effectiveness in avalanche prevention. With these new additions, UDOT’s arsenal now includes 29 Wyssen Towers and 23 Gazex Exploders, offering a safer and more efficient approach to protecting critical infrastructure. The towers work by storing explosive charges that can be deployed wirelessly to hang just above the snow surface before detonation.
  • These controlled explosions release unstable snowpacks safely, preventing larger, natural avalanches. The installation process, which began in July 2024, was completed ahead of schedule by August 31, 2024, with crews using helicopters to transport heavy equipment to remote sites. Now fully operational for the 2024-2025 winter season, the towers mark a major upgrade in Utah’s avalanche control strategy.

Statistic:

  • Dow Jones companies by market capitalization:
  1. 🇺🇸 Apple: $3.667T
  2. 🇺🇸 NVIDIA: $3.434T
  3. 🇺🇸 Microsoft: $3.205T
  4. 🇺🇸 Amazon: $2.244T
  5. 🇺🇸 Walmart: $751.65B
  6. 🇺🇸 JPMorgan Chase: $689.25B
  7. 🇺🇸 Visa: $605.72B
  8. 🇺🇸 UnitedHealth: $556.98B
  9. 🇺🇸 Home Depot: $426.50B
  10. 🇺🇸 Procter & Gamble: $413.12B
  11. 🇺🇸 Johnson & Johnson: $366.82B
  12. 🇺🇸 Salesforce: $316.84B
  13. 🇺🇸 Chevron: $288.69B
  14. 🇺🇸 Coca-Cola: $273.63B
  15. 🇺🇸 Merck: $257.64B
  16. 🇺🇸 Cisco: $236.89B
  17. 🇺🇸 American Express: $212.81B
  18. 🇺🇸 IBM: $211.74B
  19. 🇺🇸 McDonald: $211.04B
  20. 🇺🇸 Walt Disney: $210.88B
  21. 🇺🇸 Caterpillar: $192.76B
  22. 🇺🇸 Goldman Sachs: $188.99B
  23. 🇺🇸 Verizon: $184.50B
  24. 🇺🇸 Amgen: $149.60B
  25. 🇺🇸 Honeywell: $147.58B
  26. 🇺🇸 Nike: $117.38B
  27. 🇺🇸 Boeing: $115.96B
  28. 🇺🇸 Sherwin-Williams: $99.56B
  29. 🇺🇸 3M: $71.41B
  30. 🇺🇸 The Travelers Companies: $59.15B

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