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Wednesday, 5:19 AM

April 23, 2025

Good morning news friend! Follow the rhythm of the world through stories that inform, impact, and inspire. 📰🌟

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Davos Founder Resigns

Klaus Schwab resigned as chairman of the World Economic Forum (WEF) amid a whistleblower investigation into alleged misconduct. The anonymous letter accused him of misusing Forum funds for personal expenses and claimed his wife misappropriated resources for travel.

Schwab's family denied the allegations, and he plans to file lawsuits against those spreading falsehoods. WEF's board has launched an independent investigation, prompted by past concerns about governance and workplace culture.

Peter Brabeck-Letmathe is serving as interim chairman while a new successor is sought by January 2027, amidst declining trust in Schwab among board members.

Sources: Reuters, Archive, WallStreetJournal, Archive, FinancialTimes, BusinessInquirer.

Terror in Kashmir

Yesterday, gunmen attacked a resort in Kashmir, killing at least 26 tourists, including 25 Indians and one Nepalese. Over three dozen were injured.

The assault, linked to militants opposed to Indian rule, is the deadliest civilian attack since the 2008 Mumbai shootings. In response, Indian Prime Minister Narendra Modi returned from Saudi Arabia.

Security has increased as authorities hunt for the assailants. The incident has raised safety concerns, causing many tourists to leave the region amidst efforts to restore tourism and stability in a conflict-prone area since 1989.

Sources: AP News, Reuters, France24, BrusselsTimes, NYTimes.

China’s Restrictions on Rare Earth Exports to U.S. Defense Firms

China has requested South Korean companies cease exporting products containing Chinese rare earth minerals to U.S. defense contractors to avoid sanctions.

China’s Ministry of Commerce has implemented export restrictions requiring licenses for rare earth shipments, a process taking months. Currently, China produces about 90% of the world’s rare earths.

South Korea has over six months of stockpiles for some restricted elements critical to clean energy technologies.

High-ranking South Korean officials are set to meet U.S. counterparts to discuss tariffs and economic impacts amid rising U.S.-China tensions.

Sources: Reuters, KedGlobal, FoxBusiness, EconomicTimes.

OpenAI Aims to Acquire Chrome

OpenAI expressed interest in acquiring Google’s Chrome browser if mandated by a court, as confirmed by Nick Turley during a hearing.

The U.S. DOJ is pursuing changes to enhance competition in online search due to Google’s monopoly. Turley stated that OpenAI needs improved search technology for its “super assistant” vision, but Google has declined collaboration, leaving OpenAI reliant on Bing.

OpenAI aims for ChatGPT to use its own search tech for 80% of queries, a goal projected to take years. The trial emphasizes a critical challenge to Google's dominance in search.

Sources: Bloomberg, Bloomberg[2], Reuters, TheVerge, TheInformation.

Waist Circumference Cancer Risk in Men

A study of 339,190 individuals over 14 years found that an 11 cm increase in waist circumference (WC) increases men's obesity-related cancer risk by 25%, compared to a 3.7 kg/m² BMI increase raising risk by 19%.

High WC remained a risk factor even after adjusting for BMI, reflecting the dangers of abdominal fat. In women, a 12 cm WC increase or a 4.3 kg/m² BMI rise correlates with a 13% increased cancer risk, showing a weaker association.

The research suggests that waist circumference more accurately predicts cancer risk in men, while hip circumference may be better for women.

Sources: SciTechDaily, MedScape, HindustanTimes, IndiaToday.

A Color Never Before Seen

Scientists have discovered a new color, a saturated blue-green named "olo," perceived for the first time by humans. Using a prototype called "Oz," they stimulated specific retinal cells with lasers during an experiment involving five participants.

The color, described as more vibrant than any known hue, required high amounts of white light for matching. The research indicates potential for using this technology in treating color blindness.

Observations were made at the edges of vision, where acuity is lower, presenting challenges. This breakthrough enhances understanding of human vision and could advance visual technology.

Sources: ScienceAlert, BBC, ScientificAmerican, PopSci.

“The old adage about giving a man a fish versus teaching him how to fish has been updated by a reader: Give a man a fish and he will ask for tartar sauce and French fries! Moreover, some politician who wants his vote will declare all these things to be among his ‘basic rights.’”

Did you know we also write in-depth deep dives? They are long, packed with insights, and have received rave reviews. If you’re up for a detailed, action-packed read, check them out:

• How Trade Wars are Reshaping the US Treasury Market

• The End of the Easy-Money Era

• The Longevity Race

Baked with love,

Anna Eisenberg ❤️