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Updated: May 16, 2026 at 11:45 PM

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May 20, 2026, 06:07 PM

The authorities of Bali have introduced new requirements for tourists.
Foreign visitors must respect local culture and traditions, wear modest clothing in public places, and maintain cleanliness.
An additional mandatory fee of 150,000 Indonesian rupiah has also been introduced for staying on the island.

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U.S. News

May 20, 2026, 06:07 PM

A major game developer has collapsed in value

Ubisoft, one of the largest global game developers and publishers, has suspended trading of its shares after the stock price fell to record lows.

In 5 years, the company has lost more than 90% of its market capitalization.
In 2020, a share cost over €85, now — less than €7.

Reasons for the collapse
— Sales decline, especially physical game copies
— Management focusing heavily on progressive agendas instead of core gameplay
— Strong backlash and silent boycott from the core gaming audience (men under 50)

Years of ignoring their real audience destroyed the brand. Ubisoft essentially dug its own grave.

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U.S. News

May 20, 2026, 06:07 PM

The United States plans to introduce new import tariffs starting April 2, which may affect Russia, the Wall Street Journal reports, citing sources in the administration.

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May 20, 2026, 06:07 PM

Since 2015, Egypt has been building a new $58-billion capital. Ten years later, it has become a ghost city.

In 2015, the creation of Egypt’s new capital for 6.5 million residents was officially announced.
Cairo is overcrowded, and the government decided to move all state institutions and corporate offices away from the city — to ease the load on Cairo and give residents some breathing room.

After 10 years of construction, a business district and large amounts of housing have been built.
However, only about 1,500 families have moved to the new city — and everyone who visits the completed districts says they are empty and look like a ghost town.

The reason is simple: in Egypt, which is going through a financial crisis, almost no one can afford such extremely expensive housing.

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U.S. News

May 20, 2026, 06:07 PM

Argentinian hyperinflation

Subscribers asked to cover the topic of Argentina — until recently the country experienced severe hyperinflation. Let's go through the key points:

Argentina is a former Spanish colony and one of the most European countries on the continent.

It gained independence in 1816.

The country is geographically isolated, despite having excellent soil, climate, and natural resources, which caused Argentina to develop largely independently.

Despite dictatorships and political tension, the economy grew like that of a European country; foreign capital flowed in, and infrastructure expanded.

Large landowners (latifundists) play a key role, industry is mainly agricultural and processing.

The country began sliding into high and hyperinflation already in the 1970s.

The government increased spending, salaries grew faster than production, and the country entered a chronic inflation cycle.

In the 1990s taxes for investors were eliminated, creating huge budget losses.

The peso was pegged to the US dollar, making Argentine exports uncompetitive.

In 2001, the country defaulted on $80 billion, one of the largest defaults in history.

Since then, the crisis comes and goes, with political instability scaring investors.

The situation began to change under Javier Milei — the first libertarian president in the world, who started radical reforms. More on that later

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U.S. News

May 20, 2026, 06:07 PM

Bitcoin has dropped by more than $10,000 and hit a 5-month low. Analysts say this may be the start of a bear market phase.

Reasons for the drop
— Market-wide correction at the end of autumn
— Massive outflow of funds from crypto ETFs
— Liquidation of long positions totaling over $1.1B
— US government shutdown and political uncertainty

All these factors make investors sell crypto assets, driving the price down.

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U.S. News

May 20, 2026, 06:07 PM

Assets of Chinese banks

Over the past 9 years, the value of Chinese overseas assets has increased almost threefold — from about $600B to $1.5T.
Most of the assets are held in US dollars, but the share of the yuan is rapidly growing.

China expands its economic influence through investments, loans, and securities purchases.
The yuan is gaining momentum, helped by countries that reduce dependence on the dollar.

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U.S. News

May 20, 2026, 06:07 PM

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Here’s a travel move that still works in 2025: book the fare you want, sleep on it, and walk away within a day if plans or prices change. Under the DOT’s “24-hour” rule, airlines must either let you cancel for a full refund within 24 hours or hold the fare for 24 hours—so long as you booked at least seven days before departure. The practical translation: if you’re shopping early, you can grab a deal now and decide tomorrow without penalty.

Two important guardrails. First, this is an airline obligation, not a promise from every online travel agency—book direct to be sure. Second, the rule is about a cancel or hold, not free name/date edits; if you need to fix a typo or switch days, you’ll usually cancel and rebook at the current price.

Layer this with the newer refund rules (automatic cash refunds when airlines cancel or make significant changes), and you’ve got a lot more leverage than most travelers use. Lock the fare, check with your travel partner, re-price in the morning—and either keep the win or calmly cancel and try again.

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U.S. News

May 20, 2026, 06:07 PM

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Dozens of cities across the United States are expanding free public Wi-Fi zones in libraries, transit stations, community centers, and downtown districts.
The goal is simple: provide reliable internet access to everyone, regardless of income or location.

Local governments say that free connectivity supports education, small business growth, job searching, and digital literacy for older adults.
In some states, Wi-Fi hotspots are being installed in parks and open spaces, allowing students to study and workers to operate remotely.

Technology teams explain that new fiber routes and upgraded routers make these networks faster and more secure than similar projects from a decade ago.
This expansion marks a quiet but important step toward reducing the digital divide that affects millions of Americans.

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U.S. News

May 20, 2026, 06:07 PM

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New CBS News/YouGov poll shows Trump at 60% disapprove and 40% approve.

Voters strongly disapprove of his handling of the economy, inflation, and immigration

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