THREAD: major shift

WH SMITH’S High Street Exit: A Shocking Shift in Retail

28 March 2025 — Modella has bought WH Smith’s online operations for £76 million. The company will now run under the TGJones name, while WH Smith keeps its travel shops. This move shows the tough times high street retailers face in a digital world.

WH Smith might sell its digital card business, Funky Pigeon, as part of restructuring. Nicholas Found from Retail Economics says old-school retailers struggle with fewer shoppers and rising costs. This sale highlights the economic pressures on traditional high street businesses.

Modella plans to keep current products and services in WH Smith stores, like Post Office and Toys R Us sections. They also want to add new items like craft goods to boost business. For now, it’s “business as usual” as Modella works on future plans for growth.

The acquisition shows WH Smith’s shift towards travel retail, which is more profitable despite industry challenges. With 480 high street stores and 5,000 employees affected by this change, focusing on travel-related retail could increase revenue in a tough market landscape.

FIDELITY and TRUMP’S Bold Move: Stablecoins to Revolutionize Finance

26 March 2025 — Fidelity is pushing forward with its digital asset strategy by testing a new stablecoin. This aligns with the Trump administration’s plans to overhaul cryptocurrency oversight, marking a big change in the financial world. Fidelity’s move shows how important stablecoins are becoming in modern finance.

Donald Trump’s World Liberty Financial is launching a dollar-pegged stablecoin called USD1. It will be fully backed by U.S. Treasuries and other cash equivalents, ensuring stability and trust for investors. This launch highlights Trump’s ongoing influence in finance, especially digital currencies.

In Canada, Tesla faces halted rebate payments due to trade tensions with the U.S., impacting its operations as taxis or ride shares. Rebates will stay frozen until individual claims are checked, showing ongoing international trade challenges under current policies.

Moody’s has issued warnings about worsening U.S. public finances under Trump’s policies, which could make it harder to manage rising deficits and debt levels effectively.

MAGNACHIP’S BOLD Shift: Power Move to Boost Profits

13 March 2025 — Magnachip Semiconductor Corporation is shifting gears to focus solely on its Power business. This decision comes after a thorough review by the Board of Directors and management. The goal is clear: boost revenue growth and maximize shareholder value.

The company plans to explore options for its Display business, which will be marked as discontinued in Q1 2025 results. Possible paths include selling, merging, forming a joint venture, licensing, or winding down operations. Magnachip aims for steady profitability and earnings growth during this shift.

By Q4 2025, Magnachip targets quarterly Adjusted EBITDA break-even from ongoing operations. It plans for positive adjusted operating income by 2026 and positive adjusted free cash flow in 2027. The Power segment caters to broader markets with longer product cycles compared to the smartphone-centric Display segment.

MAGNACHIP’S BOLD Move: Shift to Power Business Promises Big Profits

13 March 2025 — Magnachip Semiconductor Corporation is making a bold shift to focus solely on its Power business. This strategic move, decided by the Board and management, aims to boost revenue growth and increase shareholder value.

The company plans to phase out its Display segment, classifying it as discontinued in the next Q1 results. Options like selling or merging this segment are on the table. The goal is clear: ensure steady profits and keep shareholders happy.

Magnachip aims for quarterly break-even by Q4 2025 and expects positive operating income by 2026. By 2027, they foresee positive free cash flow. The Power business will target stable markets with long product cycles, unlike the unpredictable smartphone market of their Display segment.

UK ASSISTED DYING Bill Shock: Parliament’s Bold Move Stirs Debate

12 March 2025 — The UK Parliament has decided to remove the need for judicial approval in the controversial ASSISTED DYING BILL. This decision has sparked intense political and public debate. The change marks a significant shift in how assisted dying will be regulated across the nation.

In a diplomatic move, the UK government revoked accreditation for two Russian diplomats amid rising espionage concerns. This action mirrors steps taken by Russia and highlights ongoing tensions between the two nations. The decision underscores Britain’s firm stance on national security issues.

A maritime incident in the North Sea led to the arrest of a cargo ship captain on suspicion of manslaughter after colliding with an oil tanker. This raises critical questions about maritime safety regulations in British waters. Authorities are conducting thorough investigations to determine accountability and prevent future occurrences.

Environmental concerns at Lake Windermere have prompted government action following severe pollution from sewage overflow. The UK government has pledged immediate measures to clean up this iconic beauty spot as part of its broader environmental restoration efforts. Meanwhile, Prime Minister Keir Starmer faces criticism for blocking a bill banning first-cousin marriages due to health risks, reigniting debates on public health policy and cultural traditions.

WORLD NEWS Pause: A Calm Before the Storm?

11 March 2025 — The current world news cycle shows no fresh BREAKING developments. Events remain steady, reflecting a pause in major headlines.

This stability offers a chance to focus on ongoing stories and their impacts. It’s a moment to dig deeper into existing issues and understand their implications.

Stay informed by watching for updates as they happen. Even in calm times, deeper analysis can provide valuable insights into global affairs.

QUIET Before the STORM: Why No Breaking News Today

08 March 2025 — In a surprising turn, there are no major BREAKING news stories today. This rare pause in the fast-paced news cycle offers a moment of calm.

While it’s unusual not to have big headlines, this quiet period lets us reflect on ongoing issues and developments. Remember, situations can change quickly, so stay informed.

We’re ready to report new updates as they come in with clarity and precision. Stay tuned for the latest developments as they unfold.

SUPREMEX CFO Exit Sparks Strategic Shift

28 February 2025 — Supremex Inc., a key player in North America’s envelope and packaging market, announced the exit of its Chief Financial Officer, François Bolduc. Known for its strong industry presence, this leadership change hints at a possible strategic shift as Supremex faces future challenges.

To ensure stability during this transition, Supremex has Stewart Emerson working closely with the finance team. This plan aims to keep operations steady while searching for Bolduc’s replacement. The company is dedicated to finding a new CFO soon.

The hunt for a new CFO will start shortly, showing Supremex’s proactive stance on leadership changes. Investors and stakeholders are watching closely as the company advances with this process. Stay tuned for updates on how this may affect Supremex’s market strategies and performance.

ANGLO AMERICAN’S Bold $500M Nickel Sale: A Strategic Shift

19 February 2025 — Anglo American has sold its nickel business for $500 million. This move lets the mining giant focus on copper and iron operations. The decision follows a rejected takeover attempt by BHP, signaling a strategic shift in focus.

Insolvencies are rising in England and Wales due to economic pressures. Fladgate LLP reports more administration cases, showing a tough business climate in early 2025. Economic turbulence may lead to more insolvencies as businesses struggle to adapt.

A Northampton business owner is under investigation for allegedly issuing fake fire safety certificates for high-rise flats. The accusations include stealing credentials and signatures from another engineer, raising serious safety concerns.

Elliott Management has taken a short position against Nvidia, betting on at least $600 million in downside exposure. The firm labeled Nvidia as a “bubble,” reflecting skepticism over its market valuation amid AI sector growth concerns.

CHINESE AI Revolution: DeepSeek’s Shockwave Hits US Tech Giants

28 January 2025 — A new force in artificial intelligence, DeepSeek from China, is shaking up major U.S. tech firms. Their latest AI model, DeepSeek-R1, rivals top U.S. products like OpenAI’s GPT-4 and Google’s Gemini but at a fraction of the cost. This move challenges American dominance and has triggered a massive selloff in tech stocks.

Launched on January 20, 2025, DeepSeek-R1 boasts impressive performance with lower training costs than competitors. Nvidia faced a record market cap drop of over $500 billion — the largest single-day loss in U.S. stock market history — due to this launch. Experts are both amazed and skeptical about DeepSeek’s cost claims, sparking debate on future AI investment strategies.

DeepSeek’s CEO Liang Wenfeng has held closed-door meetings with Chinese leaders to discuss global tech competition implications from their advancements. The rapid rise of DeepSeek has sparked talks about traditional tech investment sustainability and potential industry shifts needed moving forward. Consumers are also interested, as the DeepSeek app topped download charts in both U.S. and China App Stores shortly after release.;

TRUMP’S Bold Return: Global Alliances Shaken

28 January 2025 — President Donald Trump has re-entered the White House, quickly overturning Biden-era policies and pulling out of major international agreements. His actions have left global partners unsure about their standing. Allies and adversaries are closely watching how Trump’s second term will unfold on the world stage.

In his first 100 hours, Trump signed executive orders, including one labeling Mexican cartels as foreign terror organizations. Italy’s Prime Minister Giorgia Meloni met with Trump at Mar-a-Lago and attended his inauguration, supporting his push for increased NATO defense spending. Meloni is seen as a key EU contact amid fears of a potential trade war with Europe under Trump’s leadership.

Hungary’s Prime Minister Viktor Orban, a long-time ally of Trump, expressed excitement for Trump’s return to office but missed the inauguration due to scheduling conflicts. Orban sees this as an opportunity to challenge what he calls Brussels’ "left-liberal oligarchy.

Argentina’s President Javier Milei seeks stronger U.S.-Argentina relations under Trump’s presidency. At the Davos World Economic Forum, Milei hinted at leaving the Mercosur trade bloc if it means securing a new trade deal with the U.S., highlighting shifting alliances in response to Trump’s policies.

VERTICAL THEME’S BIG Move: Alliance Bank Stake Sale to DBS?

17 January 2025 — Investment firm Vertical Theme Sdn. plans to seek approval to start talks about selling its stake in Alliance Bank Malaysia Bhd. Sources close to the situation revealed this potential sale, which could lead to big changes in the bank’s ownership. This move hints at a strategy shift for Vertical Theme as it explores opportunities with DBS, a major player in banking.

RUPIAH and WON SHOCKED by Central Bank SURPRISES

The Indonesian rupiah is near six-month lows, and the South Korean won ended a three-day winning streak after unexpected central bank decisions. Investors were surprised as both countries’ central banks made unanticipated interest rate calls, causing market fluctuations. These moves highlight today’s volatile and unpredictable global financial markets.

HEXTAR INDUSTRIES BREWS UP Luckin Coffee LAUNCH THIS MONTH!

Hextar Industries Bhd is gearing up for a soft opening of five Luckin Coffee outlets by month’s end through its subsidiary Global Aroma Sdn Bhd (GASB). This expansion marks Hextar’s entry into the competitive coffee market, aiming to capture consumer interest with Luckin Coffee’s brand appeal. The openings show Hextar’s strategic growth ambitions within Malaysia’s food and beverage industry.

ASSAD’S Fall Rocks Syria: Russia’s Strategic Nightmare

09 December 2024 — The fall of Bashar al-Assad’s regime in Syria marks a major shift after 14 years of civil war. Assad, backed by Russia and Iran, has been ousted, leaving these powers to handle the fallout. This change challenges Russia’s strategic interests in the Middle East.

Russia aimed to maintain its influence in the region through military bases like Khmeimim and Tartus. With Assad out, these assets are now at risk. Rebekah Koffler calls this a strategic defeat for Russia amid its ongoing conflict in Ukraine.

Ksenia Svetlova from the Atlantic Council criticized Russia’s failure to keep its promises in Syria. She noted that Moscow’s abandonment of Assad makes it look like an unreliable ally, unlike U.S. support for Israel during crises. This perception weakens Russia’s position among Middle Eastern allies.

Former President Trump commented on the situation saying, “Assad is gone,” highlighting the rebels’ success against the longtime dictator. The event underscores shifting power dynamics and raises questions about future regional stability and alliances.

SOUTH KOREAN Election Shocker: Voters Lean Left in Historic Turn

11 April 2024 — South Korean voters, upset by the economic slump, are showing their disapproval towards President Yoon Suk-yeol and his ruling People Power Party (PPP). Early exit polls indicate a dramatic tilt in the National Assembly, with the opposition DP/DUP coalition on track to win between 168 and 193 of the 300 seats. This would leave Yoon’s PPP and its partners trailing with just 87-111 seats.

A record-breaking turnout of 67 percent — the highest for a midterm election since 1992 — reflects widespread voter engagement. South Korea’s unique proportional representation system aims to give smaller parties a chance but has resulted in a crowded field that confuses many voters.

PPP leader Han Dong-hoon has publicly recognized the disappointing exit poll figures. He pledged to honor the electorate’s decision and wait for the final tally. The election results could mark a pivotal change in South Korea’s political landscape, hinting at broader shifts ahead.

This electoral outcome underscores growing public discontent with current economic policies and signals a desire for change among South Korean voters, potentially reshaping the nation’s policy direction in years to come.

REFORM UK RISES: Public Discontent Over Immigration Policies Fuels Momentum

29 March 2024 — Reform UK is gaining momentum, largely fueled by its firm stance against “unchecked immigration,” as stated by the party’s deputy chair. This surge in support comes in light of recent data from Ipsos Mori and British Future, a pro-immigration think tank. The figures highlight public dissatisfaction with the government’s management of borders, indicating a potential shift in the UK’s political landscape.

Despite Labour currently leading in the polls, Nigel Farage’s Reform UK party is outpacing the Conservatives when it comes to trust and policy matters. This could serve as an alarm bell for Tory politicians who have been at Britain’s political helm for two centuries. Ben Habib, Deputy Leader of Reform UK, attributes this shift to what he perceives as the Conservative Party neglecting their own voter base.

According to Ipsos Mori research, 69% of Britons express dissatisfaction with immigration policies while only 9% are content. Of those dissatisfied individuals, over half (52%) believe migration should be reduced while just 17% think it should increase. Specific grievances include inadequate measures to prevent channel crossings (54%) and high immigration numbers (51%). Less concern was shown towards creating negative environments for migrants (28%) or poor treatment of asylum seekers (25%).

Habib asserts that this widespread discontent signifies a historic realignment in politics

ANC on SHAKY Ground: South Africa’s Opposition Parties Gaining Momentum

14 March 2024 — Recent polling data indicates a potential shift in South Africa’s political scene, the likes of which haven’t been seen since 1994. The ruling party, the African National Congress (ANC), has experienced a decline in support from 44% to 39% since November 2022.

On the other hand, the opposition Democratic Alliance (DA) has seen its share rise from 23% to a notable 27%. A newcomer on the scene, the MK Party, has made an impressive debut with a surprising 13%, while support for the radical Economic Freedom Fighters (EFF) party has dwindled to just 10%.

This changing landscape could potentially pave the way for DA to form a majority coalition with other parties excluding ANC and EFF. This tactic proved successful in Cape Town’s municipal elections back in 2006. Despite ANC’s historical appeal due to its instrumental role in ending apartheid, ongoing issues such as electricity and water shortages, high crime rates, and rampant corruption have strained voters’ loyalty.

The shifting political climate suggests that voters are seeking change and are willing to look beyond traditional party lines. This could lead to significant changes in South Africa’s political landscape moving forward.

TRUMP’S Troubled Past: Biden’s Team Shifts Focus Ahead of 2024 Showdown

02 January 2024 — President Joe Biden’s team is adjusting their strategy for the 2024 campaign. Instead of solely spotlighting the incumbent Democrat, they’re turning attention to former President Donald Trump’s contentious record. This move follows recent polls showing Trump leading Biden in seven swing states and gaining traction among younger voters.

Trump, despite grappling with multiple criminal and civil charges, continues to be a GOP favorite. The aim of Biden’s aides is to use his disputed record and legal allegations as a lens through which voters can view the potential consequences of another four-year term under Trump.

Currently, Trump faces four criminal indictments and is embroiled in a civil fraud lawsuit in New York. Regardless of these trials’ outcomes, he could still make a run for office even if convicted — unless legal contests or state ballot requirements prevent him from doing so. However, rather than dwelling on the outcome of Trump’s cases, Biden’s team plans to underscore what another term would mean for American citizens.

A senior campaign aide noted that while Trump may succeed in mobilizing his base with extreme rhetoric, their strategy will highlight how such extremism could negatively affect Americans. The focus will be on the potential adverse impact of another term under Trump rather than his personal legal battles.

MAJOR SHIFT in POT Policy: President to Redefine Cannabis Classification

27 December 2023 — The President is reportedly planning a significant shift in cannabis policy, according to The Guardian. The move involves downgrading cannabis from the most restrictive Schedule I to the least stringent Schedule III under the Controlled Substance Act (CSA). This change could potentially ease tax burdens for legal cannabis businesses and modify law enforcement’s stance on marijuana laws.

David Culver, Senior VP of Public Affairs for the U.S. Cannabis Council, sees this as a potential turning point for the industry. However, some critics argue that it’s merely a symbolic move that won’t significantly alleviate challenges faced by private cannabis sellers and growers.

Despite approval for medical or commercial use in 38 states, federal restrictions on cannabis remain akin to those on heroin. Paul Armentano, Deputy Director of Norml, warns that reclassification won’t resolve existing inconsistencies between state and federal laws. Meanwhile, Kevin Sabet, president of Smart Approaches to Marijuana, fears this move might adversely affect public health.

ITALY’S Bold Exit from China’s Belt and Road Initiative: A Triumph for Western Independence

06 December 2023 — Italy recently declared its departure from China’s Belt and Road Initiative (BRI), signifying a major shift in Western attitudes towards Beijing’s economic clout. After four years of involvement, Italian Foreign Minister Antonio Tajani noted that nations not participating in the initiative have seen superior results.

The official withdrawal notice was issued by Prime Minister Giorgia Meloni’s administration this week, well before the initial agreement expires next year. This decision sets the stage for an upcoming summit hosted by China with European Union leaders who have lately adopted a more wary stance towards Beijing.

In response to mounting skepticism, Chinese Foreign Minister Wang Yi advocated for mutually beneficial relationships between Europe and China to boost global development. However, such views are increasingly met with suspicion in Europe as Western societies strive to steer clear of economic connections that might give Beijing an upper hand during political upheavals.

Stefano Stefanini, former Italian Ambassador, underscored an official G7 policy termed “de-risking”, spotlighting U.S.'s opposition against Italy’s participation in BRI. Despite U.S warnings labeling it as a “predatory” lending scheme aimed at controlling strategic infrastructure, Italy joined the initiative back in 2019.

LABOUR PARTY Triumphs: Shocking Upset in Special Elections Reshapes UK Political Landscape

21 October 2023 — In a surprising turn of events, Britain’s Labour Party has managed to secure two Parliament seats previously dominated by the Conservatives. This unexpected victory took place in the special elections held in Tamworth and Mid-Bedfordshire, with a significant number of voters switching their loyalty to Labour.

This win strengthens Labour’s standing as the primary challenger for next year’s national election. It also piles pressure on Prime Minister Rishi Sunak to rejuvenate his party’s reputation. Keir Starmer, the leader of the Labour Party, proclaimed that his party is “redrawing the political map”.

The victories were marked by Sarah Edwards’ success in Tamworth and Alistair Strathern’s triumph in Mid-Bedfordshire, both overcoming substantial Conservative majorities from 2019. However, it should be noted that voter turnout was relatively low at 36% and 44% respectively. Additionally, these elections took place under unique circumstances due to resignations from former lawmakers.