YOUR WEEKLY NEWS UPDATE

Weekly news update. Weekly update just for you.

YOUR WEEKLY NEWS UPDATE

1. In Germany, four people have been detained in connection with the theft of a cache of Celtic gold coins estimated to be worth €1.6 million. During a nighttime raid, hundreds of coins were taken from a museum in Bavaria. The police believed that those responsible for the theft had interfered with the museum’s alarm system at the time of the robbery. Internet cables were cut just before the break-in. This meant that even though the alarm system was able to capture the time the robbery took place, it was not activated when a door was forced open.

2. Following the president of South Africa’s warning that any effort to detain Vladimir Putin would amount to a declaration of war, A warrant for Mr. Putin’s arrest was issued by the International Criminal Court if he had fled Russian territory. South Africa is anticipated to assist in the capture of Putin. Sergei Lavrov will represent the nation at the two-day summit in place of Vladimir Putin. It was perceived as an attempt by the government to stray from the middle ground it had been trying to take in the conflict between Russia and Ukraine.

3. A large metal dome that washed up on an Australian beach, according to India’s space commander, was undoubtedly a component of a rocket but may or may not be from India. Since the device was found at Green Head Beach, there has been a lot of wild speculation regarding it. The cylindrical object has caused a lot of excitement among the locals. It was thought that the debris might belong to MH370. Aviation specialists quickly emphasised that the object couldn’t have come from a commercial aircraft and that it might have been a rocket fuel tank.

4. A big hurricane that is coming over Hawaii has put more than a million people under a state of emergency. According to the National Weather Service, Post-Tropical Storm Calvin was moving towards Hawaii’s Big Island at a speed of 73 kilometres per hour. As it moved south of the state, and the NWS reduced it to a tropical storm. Officials have blocked highways and schools and issued warnings that there is a possibility of flash floods and mudslides. The storm will pass south of Hawaii County, bringing with it strong winds and dangerous waves.

5. A number of unprecedented political scandals have shaken Singapore, a country renowned for its political stability. The first senior minister to be charged in a corruption inquiry in 40 years was detained last week. Residents of a nation that takes pride in having the highest-paid leaders in the world and a reputation for good governance have been shocked by it. The People’s Action Party may lose support as scandals continue. Singaporeans were informed that Mr. Iswaran had been asked to step down from his obligations due to an investigation.

6. Elon Musk thinks that, given the current state of the global economy, the electric vehicle manufacturer may continue to reduce prices. The multi-billionaire made his remarks after the business disclosed that fierce competition had reduced its profit margins. Tesla has reduced its prices frequently recently in various important areas. According to Tesla, their profit margin was at its lowest point in four years. The business said that its gross profit margin decreased from 26.2% for the three months ending in June to 18.2% this time around.

Date: 21/7/23

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