Emilyvuong

In ASEAN, 70%-80% of the assets of billionaires are owned by people of Chinese descent
🇮🇩 INDONESIA
1. Prajogo Pangestu → of Chinese descent
2. Low Tuck Kwong → of Chinese descent
3. R. Budi Hartono → of Chinese descent
4. Anthoni Salim → of Chinese descent
5. Tahir → of Chinese descent
👉 5/5 of Chinese descent
🇹🇭 THAILAND (5/5)
1. Dhanin Chearavanont → of Chinese descent
2. Sarath Ratanavadi → of Chinese descent
3. Charoen Sirivadhanabhakdi → of Chinese descent
4. Sumet Jiaravanon → of Chinese descent
5. Jaran Chiaravanont → of Chinese descent
👉 5/5 of Chines

📍The US continues to block ships entering the Strait of Hormuz
📌In the past 24 hours, the US has continued to force 28 ships entering the Strait of Hormuz to turn back, and even intercepted and inspected the M/T Tifani ship in the Pacific Ocean:
- The M/T Tifani is a stateless vessel, subject to sanctions
- Suspected of transporting approximately 2 million barrels of Iranian oil
- En route to China
📌Yesterday, only 15 crossings through the Strait of Hormuz occurred, (6 in and 9 out).
📌 Regarding the Touska ship, China rejected the US accusations, denying transporting weapons to

UAE proposes establishing a USD swap line in case of a prolonged war with Iran.
UAE's financial assets include approximately $350B foreign exchange reserves, $150B UST, $60B T-bills, plus hundreds of billions in sovereign wealth funds (SWF).
Assets do not necessarily mean liquidity; UAE needs USD funding.
The swap line will help connect the Fed's balance sheet directly to the domestic financial system.
The WSJ rumors "UAE threatens to swap UST for the Renminbi to pressure the US into agreement" are likely false.
Dumping UST would result in losses for them first, and the Renminbi c

The U.S. government has started to refund import taxes previously collected, up to approximately $166 billion, after the Supreme Court ruled Trump's policies illegal.
About 330,000 businesses, involving 53 million shipments, may be eligible for refunds.
Trump's achievements from the start of his second term to now:
- Criticizing the Fed, criticizing Powell as “that idiot.” Interest rates still not going down as Trump wants.
- No tariff revenue collected to offset the budget deficit as expected.
- Extreme trade protectionism, high tariffs on both North American allies. No pressure exe

The cost of using AI is still 10-20 times cheaper than reality. When will AI companies stop subsidizing token prices?
The essence of AI is technology that reduces prediction costs (prediction). When the input prediction gets cheaper over time, businesses will gradually turn every decision into a probability problem.
Right now, only 0.28% of users worldwide are willing to pay for using AI.
Most paid AI users do so through (Plus) subscriptions, so the cost is already bundled into the (package not charged per token), and people hardly realize how expensive AI really is once you account for

📌Iran has closed the Strait of Hormuz again.
The United States states that the Iranian Islamic Revolutionary Guard Corps (IRGC) has carried out at least three attacks on civilian ships in the Strait of Hormuz since Saturday morning.
- Two Indian ships were shot at with machine guns from IRGC naval vessels, including the supertanker VLCC SANMAR HERALD carrying Iraqi oil and the dry cargo ship JAG ARNAV.
- Offshore the coast of Oman, a container ship was hit by an unidentified object.

Foreign investors are rushing into Chinese government bonds:
- Trading volume through Hong Kong reached $179B in March — a record high.
- Average daily volume reached $8.1 billion per day — the highest in history.
-> Total transactions have more than doubled compared to October 2025.
📌 These are Chinese domestic bonds (CGB + policy bank bonds), valued in Renminbi, allowing foreign investors to trade via Hong Kong Connect. After the heavy sell-off of U.S. Treasury bonds, is the new trend to pour money into China?

📌 Hedge funds are accelerating their net purchases of USD.
Net long positions of speculative traders have risen to +$18B -, the highest in 12 months.
This has completely reversed the -$21B ( short position from February.
This group includes hedge funds and asset managers → trading based on trend & macro, not hedging.

📌Multiple reports show that scientists or leaders of space/nuclear programs have gone missing mysteriously or been killed from 2023 to the present.
The FBI is investigating whether these cases are connected in any way.
📌The 10 names in the photo (including even less important positions, there are many more):
1. Michael David Hicks (NASA JPL scientist) – died in 2023 (no cause of death disclosed)
2. Frank Maiwald (Project research director at NASA JPL) – died in 2024 (no cause of death disclosed)
3. Monica Reza (Director of a propellant materials laboratory at NASA JPL) – missing in June 2025

🇺🇸The U.S. Department of the Treasury has just carried out a bond buyback worth $15B —an unprecedented move in history.

📌 #Circle sued for failing to freeze assets to prevent Drift's $280M hack
Drift Protocol was hacked for ~$280M. The hacker bridged most of the USDC to Ethereum via Circle's CCTP. Everything happened publicly on-chain.
Investors filed a class-action lawsuit, accusing Circle of not intervening despite having the tools. The plaintiffs allege: “Circle allowed its technology to be used for criminal purposes. These damages could have been avoided or at least significantly reduced if Circle had acted promptly."
In response to the criticism, Circle CEO Jeremy Allaire stated that the company on

📍The explosive podcast between Jensen Huang and Dwarkesh: China will develop AI strongly even if the US bans it
📌 Jensen Huang said he doesn’t see NVIDIA as a GPU-selling company, but as a “machine that turns electricity into value.” Jensen believes most markets misunderstand the future of AI.
Most think that as AI develops, software will become cheaper and easier to build, and eventually NVIDIA will lose its advantage (actually, I also think so).
Jensen’s rebuttal is that supply and demand are locked in a self-reinforcing loop that keeps growing together:
- The stronger the AI becom

📍 US oil inventories drop sharply, exports hit a record high. The US is taking advantage of high oil prices to sell off
📌 Crude: -0.913M, a significant decrease compared to the expected +2.1M. The first decline in 8 weeks.
📌 Gasoline: -6.328M, also the largest drop since March 2023.
📌 Distillates (Diesel, Heating oil, Jet fuel...): -3.122M continues the downward trend.
📌 Crude exports exceed 5M barrels/day — the highest since September 2025.
📌 Total exports of (crude + products) ~12.7–13M bpd have reached an all-time high.
The US is leveraging high oil prices to draw oil from

General Secretary and President Tô Lâm was received by Chinese President Xi Jinping in Beijing during a state-level ceremony.
The welcoming ceremony included 21 gun salutes — the highest level reserved for heads of state.
Unlike previous occasions, Western newspapers haven't said much about this visit, and it's unclear whether any significant announcements will be made following the visit.

NVIDIA launches “Ising” - an AI model for direct use with quantum computers
Unlike conventional AI models, Ising is not used to generate content, but instead focuses on two core quantum problems: Hiệu chuẩn (calibration) and sửa lỗi (error correction).
Quantum systems are inherently extremely sensitive to noise, and errors occur constantly, making it impossible to run real workloads. Ising is built to handle large volumes of measurement data from qubits, thereby automatically optimizing and adjusting the system in real time.
According to NVIDIA, this solution helps with:
- Increase pro

📍 Future Fed Chair announces assets: Holds crypto and invests in Polymarket.
📌 Kevin Warsh has just disclosed assets estimated at around $131M-$209M in financial filings. The portfolio includes approximately 1,800 investments, many of which do not disclose full details (disclose full), especially Warsh has exposure to:
- Crypto infrastructure
- Prediction markets
- AI platforms
📌 This is the process to become a senior official (Fed Chair), Warsh must file with the U.S. Senate (for approval) and the U.S. Office of Government Ethics (to check for conflicts of interest).
📌 Financi

📍 Goldman Sachs has just filed with the SEC for the Bitcoin Premium Income ETF product — a new approach for $BTC
📌 Instead of holding BTC directly, this fund will:
- Acquire exposure through a spot Bitcoin ETF
- Then sell call options on that position (40-100% exposure)
📌 This means it doesn't necessarily have to increase in the short term; holding the Bitcoin Premium Income ETF will generate yield from the price movements of BTC itself.
📌 It has not been approved yet. The earliest possible launch is by the end of June 2026. Wall Street is starting to launch Bitcoin ETF derivatives.
📌 It

📍Does the world really lack oil when Hormuz is blocked?
📌 If the Strait of Hormuz stops operating, the oil supply of ~20 million barrels/day disappears, equivalent to 20% of the global oil supply.
📌 Countries begin looking for replacement sources:
- Surplus production: +3 million/day
- Iran still exports: +2 million/day
- Saudi East-West supply: +5 million/day (ceiling ~7 million)
- UAE ADCOP: +0.8 million/day (ceiling ~1.8 million)
- Iraq Kirkuk–Ceyhan: +0.3 million/day
-> Up to a maximum of 10.5 million barrels/day can be made up. Still a shortfall: ~6.4 million barrels/da