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The world’s richest man has never been this rich

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World’s richest man become more richer than ever

The economy might be a shambles, but Jeff Bezos’ wallet couldn’t tell. He’s now worth nearly $172 billion, a new record for the world’s richest person, according to Bloomberg Billionaire Index.

Amazon‘s Jeff Bezos added $13 billion to his immense fortune on Monday, which Bloomberg reports is the largest single-day wealth increase since it started tracking the world’s richest people in 2012.

As of monday’s market close, Bloomberg valued Bezos’ fortune at a taint-flexing $189.3 billion. By far the world’s top billionaire, Amazon‘s chief exec’s net worth has reportedly grown $74 billion so far in 2020.

Bezos this week surpassed his previous wealth record that he reached prior to his divorce from his ex-wife MacKenzie. Last year, the couple divorced after 25 years of marriage. She received 25% of the couple’s Amazon (AMZN) stock, which is roughly a 4% stake in the company.

MacKenzie’s wealth also hit a record: She’s now worth $57 billion, making her the 12th richest person in the world. Her wealth skyrocketed 54% year to date, or an increase of nearly $20 billion, according to Bloomberg’s tallies.

Much of Bezos’ wealth is tied to Amazon. He owns roughly 57 million shares, or 12% of the company. And its stock has soared 56% year to date.

Amazon has benefited from a huge increase in online shopping during the corona virus pandemic, as brick-and-mortar stores either closed or faced long lines as lock-downs overtook the US this year.

The company has been criticized for worker safety and pay during the outbreak, and even cut a $2 hourly wage increase and double overtime pay in May for front-line workers. Some employees have launched protests over what they call unsafe conditions at Amazon job sites. Then the Wall Street Journal reported Monday that Amazon was paying over $500 million in one-time bonuses to front-line workers and delivery partners.

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Taj Mahal Reopen after 6 months as India Covid-19 Cases Soar

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After being shut for tourists for around six months, one of the seven wonders of the world, the Taj Mahal reopened from Monday. The Archaeological Survey of India (ASI) officials has made all necessary arrangements for the reopening.

It was closed on March 17 after all heritage monuments protected under the Archeological Survey of India, after discussion with the Union ministry of culture, were asked to close for the visitors following the rapid outbreak of SARS-Cov-2. One of the first few visitors to step inside the Taj Mahal’s premises Debargha Sengupta, 25 arrived in Prayagraj on September 19 for the SSB exam and later took a train to Agra to visit the monument for the first time ever.

The government locker room was closed for which had to keep my luggage in a private shop as I took entry and saw the Taj Mahal for the first time ever remained speechless. It is mesmeric. Moreover, less crowd had added more essence of its majestic presence. One visitor Nishant Vasisht said, “It’s incredible and historical at the same time. This is the first time ever that Taj was shut for six months. We are here to witness the change. The new normal has to be expected and adopted for our good. I have come with my family, stood in the queue, got digital tickets, and all set to see Taj. “Shefali a guide by profession said, “We were allowed inside only after the guards checked our body temperature. Shoe sanitizers are there at the entry point. It feels great. There is not much crowd at this time(around 6:30 am) so the scene will be different.”

To keep up with the COVID Guidelines, the site has imprinted norms saying not more than five thousand visitors are allowed in a day. Also, group photographs are not at all encouraged. Guards are keeping strict vigil so that tourists do not touch the railing and walls of the monument and used tissue paper, mask, gloves shoe covers are dumped in the dustbin. Although most of the historical sited under ASI were opened, Agra Fort and Taj Mahal remained closed as it fell under the containment zone.

among 3,691 monuments across India under the ASI, many were opened for the public since July 6. The Taj Mahal was built by Mughal emperor Shan Jahan in the 17th Century as a mausoleum for his wife Mumtaz Mahal.

Agra Fort will allow only 2,500. Guidelines for social distancing and mask-wearing have been circulated. Amar Nath Gupta, the caretaker of the Taj Mahal, said: “Sanitization at the Eastern and the Western gates, thermal screening, painting of circles for social distancing, etc., are in place. Only 2,500 visitors will be permitted inside the mausoleum in one shift and this will only be possible through online booking. Foreigners will need to buy Rs 1,100 entrance tickets and domestic visitors will be able to enter paying Rs 50 per ticket. Rs 200 ticket is additional to enter the main platform for a view of the graves of Emperor Shah Jahan and his beloved consort Mumtaz Mahal. Meanwhile, the health department reported 105 new coronavirus cases in the past 24 hours. The total number is now 4,706, of which 3,727 have recovered. The number of active cases is 862. So far, there have been 117 deaths.

Meanwhile, the Agra University late on Saturday evening announced the postponement of MBBS exams scheduled from Monday after 25 medicos tested positive. They have been admitted to the isolation ward. University officials said the new dates will be announced after consultation with S.N. Medical College authorities.

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Top 5 countries with highest military spending in 2019

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World’s top 5 biggest military spenders

 

Top military spending by country 2019

The US, China and India were the world’s three biggest military spenders in 2019, followed by Russia and Saudi Arabia. The US has led the way, spending 38% of the total, but China and India continue to pour money into defense. The two Asian countries made it to the top three for the first time, the Stockholm International Peace Research Institute (Sipri) said on Monday.

According to SIPRI, the total global military expenditure rose to USD 1917 billion in 2019. This is 3.6 percent higher than 2018 figures. Further, global expenditure on military in 2019 accounted for 2.2 percent of the GDP and this equates to approximately USD 249 per person.

  1. United States of America

  2. China

  3. India

  4. Russia

  5. Saudi Arabia

United States of America:

Heading the list is the United States – the country’s military spending grew by 5.3 per cent to a total spend of USD 732 billion. This is nearly the total amount that the top ten combined have spent. The US also accounts for 38 per cent of the global spend. This is also the second year of growth in spending, as the country saw a 22 per cent decline in spending between 2010 and 2017. The growth in expenditure, as per researchers off SIPRI, is due to perceived return to competition between the great powers. However, the country’s military spend remains 15 per cent lower than its peak in 2010. The country’s military burden is 3.4 per cent of the GDP, as opposed to 4.9 per cent in 2010.

China:

China recorded a 5.1 per cent increase from 2018 with a military expenditure of USD 261 billion in 2019. This accounts for 14 per cent of the world’s total expenditure. At 85 per cent, China’s increase in military spend from 2010 is also the highest among the top 15 countries. China’s expenditure growth has closely matched its growth in GDP, since 1994, as per SIPRI. The country’s military burden remains unchanged between 2010 and 2019, at 1.9 per cent..

India:

India jumped one place to enter the number three spot for the first time, in 2019. India’s military expenditure, which is the highest in South Asia, grew by 6.8 per cent from 2018 to USD 71.1 billion in 2019. Over the last 30 years (1990-2019), India’s military expenditure has grown by over 259 per cent, and by 37 per cent over the decade (2010-19). However, its military burden fell from 2.7 per cent of GDP in 2010 to 2.4 per cent of the GDP in 2010. As per Siemon T. Wezeman, SIPRI Senior Researcher, India’s tensions and rivalry with Pakistan and China are major drivers for its increased spending.

Russia:

Russia increased its military expenditure to USD 65.1 billion – a 4.5 per cent increase from 2018. At 3.9 per cent of GDP, the country’s military burden is amongst the highest in Europe. Its military spend in 2019 was 30 per cent higher than in 2010 and 175 per cent higher than in 2000. Russia also accounted for 88 per cent of the military spending in Eastern Europe, as per SIPRI. Overall, it accounts for 3.4 per cent of the world’s total expenditure.

Saudi Arabia:

While Saudi Arabia dropped two places from the third spot in 2018, it remains the highest spender when military budget as a share of GDP is considered. At USD 62 billion, Saudi Arabia was the largest spender in the Middle East, in 2019. In 2015, Saudi Arabia’s spending peaked, which put the country in the third spot. However, its spending dropped by 28 per cent in 2016, climbed by 15 per cent between 2016 and 2018 and dropped again by 16 per cent from 2018 to 2019. Its total military burden in 2019 was 8 per cent of the GDP. As per the report, this drop is, however, unexpected given the continued military operations in Yemen and increased tensions with Iran after a missile attack caused damage to its oil industry in September 2019.

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Kim Yo-jong could be the next ruler of North Korea.

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Who is Kim Yo-jong, the woman poised to take over North Korea?

 

From all the family members who could eventually take the rein from North Korean leader Kim Jong Un, his sister seems like an obvious choice.

Kim Yo Jong, in her early 30s, has been by her brother’s side at summits with US President Donald Trump and Chinese President Xi Jinping, sat behind Vice President Mike Pence while representing North Korea at the 2018 Winter Olympics and became the first immediate member of the ruling family to visit Seoul, where she delivered a personal message from her brother inviting South Korean President Moon Jae-in to a summit.

Kim Yo-jong born 26 September 1987 is younger sister of Kim Jong Un who is North Korean politician serving as First Deputy Director and de facto leader of the Propaganda and Agitation Department of the Workers’ Party of Korea (WPK) since 2014. She is also an alternate member of the Politburo of the Workers’ Party of Korea.

A top security adviser to the South’s President Moon Jae-in said that North Korean leader Kim Jong Un is “alive and well”.

Conjecture about Kim’s health has grown since his conspicuous absence from the April 15 celebrations for the birthday of his grandfather Kim Il Sung, the North’s founder — the most important day in the country’s political calendar.

Kim has not made a public appearance since presiding over a Workers’ Party politburo meeting on April 11, and the following day state media reported him inspecting fighter jets at an air defence unit.

kim’s absence has lead to questions about his health and whereabouts. But details from the secretive regime are hard to come by. Satellite images are key tool that analysts use them to look for the changes and patterns that can explain what might be happening in the country. You could tell if Kim Jong Un is in the office based on the guard deployments around the buildings.

Daily NK, an online media outlet run mostly by North Korean defectors, has reported Kim was recovering after undergoing a cardiovascular procedure earlier this month.

Citing an unidentified source inside the country, it said Kim, who is in his mid-30s, had needed urgent treatment due to heavy smoking, obesity and fatigue.

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