Anna's Daybreak News

Good morning news friends! Join us as we explore the latest headlines, uncover hidden gems, and dive deep into the stories that shape our global landscape.

• Ecuador presidential candidate Fernando Villavicencio was killed on Wednesday evening during a campaign event in the north of the capital Quito.


• The violence injured nine other people, including a candidate for the legislature and two police officers.


• Ecuador Presidential Candidate Fernando Villavicencio, known for his crusade against corruption, was assassinated less than two weeks before the election


• Soaring drug violence has made Ecuador more dangerous than Colombia


• President Guillermo Lasso has blamed rising violence on the streets and in prisons on criminal infighting to control drug trafficking routes.


• Fernando Villavicencio was an outspoken critic of former President Rafael Correa and was sentenced to 18 months in prison for defamation.


• In a tragic turn of events, Ecuador's political landscape has been forever changed, and it's citizens remain in shock as the dust of violence settles.
Source: Read More

• North Korean leader Kim Jong Un replaced the military's top general and called for more preparations for the possibility of war, and expanded military drills according to state media KCNA report.


• Kim also set a target for the expansion of weapons production capacity, and visited weapons factories where he called for more missile engines, artillery and other weapons to be built.


• The U.S. and South Korea are scheduled to hold military drills between Aug. 21 and Aug. 24, which the North sees as a threat to its security.


• North Korea is set to stage a militia parade on Sept. 9, marking the 75th anniversary of the Day of the Foundation of the Republic and flexing their military might for the world.


• Seems like Kim is trying to "DRAKE" the world with all this military might 🤘
Source: Read More

• Disney reported earnings of $1.03 EPS and total revenues of $22.3 billion, in line with expectations.


• The streaming unit beat projections with a $512 million loss, 12 million decrease in Disney+ subscribers but a milder 1% loss in the U.S. and Canada.


• Disney's market value has extended a slump in the past 5 years with the company's operating profit a fifth below the level of 5 years ago.


• Disney CEO Bob Iger has met turbulence in his endeavor to return profits to prior glory, but the company may survive due to its pricing premium.


• Bob Iger's dream of a Disney rebound may take longer than expected, and the entertainment-giant-slash-sportsbook remains uncertain.
Source: Read More

• President Joe Biden has limited US investments in Chinese semiconductor, quantum computing, and artificial intelligence tech.


• This ban affects private equity, venture capital, joint ventures, and greenfield investments


• The executive order is a move to restrict Beijing's development of tech that could threaten US national security.


• U.S. officials are aiming to strike a balance between the Wariness of China and the benefits of US investment.


• Biden's plan seems to be to have our cake and eat it too - let's just hope it doesn't give us indigestion!
Source : Read More

Baked with love,

Anna Eisenberg ❤️