π #81: Amazon and $1.4 bln gone in miliseconds
South Korea allocates $19 bln in funding its chipmaking industry.
Hope this e-mail finds me and you.
π 1. Ireland, Spain, and Norway will recognize Palestine state on May 28.
πΎ 2. South Korea allocates $19 bln in funding its chipmaking industry.
πͺπΈ 3. Amazon announces a β¬15.7 bln investment in Spain over the next decade to expand its AWS network.
π 4. Citi pays $79 mln in fines for a trader's typo that caused a $1.4 billion flash crash in European markets.
π 5. The Biden administration cancels another $7.7 bln in student loans for ~160,000 borrowers.
A 'quick call' in the corporate world is the biggest oxymoron since 'jumbo shrimp.'
Donβt hurt yourself over the weekend,
Briefdose
PS. Southern Europe is now warm enough for Aedes mosquitoes to transmit formerly tropical diseases, including dengue and chikungunya. The number of dengue fiver cases reported to the WHO has increased from 500,000 in 2000 to more than 5,000,000 in 2019.