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🌎 GLOBAL NEWS

Source: Associated Press (AP)

πŸ‡°πŸ‡΅ Kim Ju Ae moves closer to heir talk, spy agency says. South Korea’s National Intelligence Service (NIS) briefed lawmakers on February 11th. Officials said leader Kim Jong Un is elevating his daughter’s public profile. The NIS said she appears close to being designated successor, not yet official. Pyongyang’s media still avoids naming her, even as she shadows weapons events. Analysts say the choreography matters more than the caption on the photo. Sejong Institute analyst Cheong Seong-chang said the signal is deliberate and cumulative. Former National Basketball Association star Dennis Rodman has publicly used her name before. The NIS also warned North Korea keeps testing missiles and courting leverage abroad. In dynasties, silence is stage direction.

Source: Associated Press (AP)

πŸ‡¨πŸ‡¦ Canada town reels after school attack leaves eight dead. Police identified the shooter as 18-year-old Jesse Van Rootselaar. Officers said she had prior mental-health welfare visits at her home. Royal Canadian Mounted Police Deputy Commissioner Dwayne McDonald said motive is unclear. Investigators said she killed her mother, Jenna Wilson, and 11-year-old stepbrother, Ben Rootselaar. She then attacked Tumbler Ridge Secondary School in a mountain town of 2.7K. Victims included teacher Ella Buckley, 39, and five students aged 12 to 13. Authorities corrected an early report of nine deaths after a victim was airlifted alive. Prime Minister Mark Carney ordered flags half-staff for seven days. Canada’s gun laws are strict, yet grief still finds a way inside.

πŸ‡ΊπŸ‡Έ LOCAL NEWS

Source: Associated Press (AP)

πŸ³οΈβ€πŸŒˆ New York raises Pride flag at Stonewall in open defiance. State Senator Brad Hoylman-Sigal and Assemblymember Deborah Glick led the February 11th event. Mayor Zohran Mamdani joined local leaders outside the Stonewall Inn. Officials said the flag-raising rebuked federal moves they call an erasure campaign. The National Park Service (NPS) oversees the Stonewall National Monument. Critics say NPS materials were edited to drop words like transgender and queer. Hoylman-Sigal said the monument honors the lesbian, gay, bisexual, transgender, and queer (LGBTQ) story. Governor Kathy Hochul called New York a refuge for people targeted elsewhere. Senators Chuck Schumer and Kirsten Gillibrand echoed that message in statements.

Source: Associated Press (AP)

♻️ EPA scraps climate finding that underpinned years of rules. Environmental Protection Agency (EPA) Administrator Lee Zeldin announced the reversal February 11th. He targeted the 2009 endangerment finding on greenhouse gases. The finding concluded carbon dioxide and other emissions threaten public health and welfare. That determination let regulators use the Clean Air Act (CAA) to curb pollution. Zeldin said the science was stretched into policy he considers economically punitive. Climate advocates said the move attacks the legal foundation. Industry groups praised rollback as clarity and lower compliance costs. Courts will decide whether EPA can unmake its own predicate. When a government erases the alarm bell, the smoke does not stop.

πŸ—‚οΈ MISC

Source: Associated Press (AP)

πŸ€– Anthropic hits a $380B valuation as the AI race intensifies. The AI startup, led by CEO Dario Amodei, disclosed the valuation. Investors put $30B into the frontier lab’s latest Series G round, the company said. Singapore’s sovereign wealth fund GIC and firms Coatue and Greenoaks were named as backers. Anthropic builds the Claude chatbot, pitched as a safer, business-ready rival. The company said revenue is rising fast, even as it still burns cash. OpenAI’s valuation surge has already reset venture math across Silicon Valley. Big tech partners keep chasing model access because compute is the new oil. Regulators keep circling the sector over data use, safety, and market power. After reaching such lofty heights, even experimental starts sounding like systemic.

Source: Associated Press (AP)

πŸ“‰ Stocks tumble as Wall Street hunts for AI-era losers. The Dow Jones Industrial Average fell 669.42 to 49,451.98. The Standard & Poor’s 500 (S&P 500) dropped 108.71 to 6,832.76. The Nasdaq Composite slid 469.32 to 22,597.15. Commentators said investors rotated out of firms seen as automatable. Some traders framed it as an AI tax on business models built on routine. AppLovin Corporation ($APP) and Cisco Systems ($CSCO) were among sharp movers. Earnings guidance and rate expectations kept amplifying the day’s swings. The selloff showed a familiar truth, valuations fall faster than narratives. In markets, the future arrives first as fear, then as a spreadsheet.

πŸ‘€ ICMYI

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