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The U.S. House of Representatives passed a $95 billion legislative package on Saturday that will provide foreign assistance to nations including Ukraine, Israel, and Taiwan. The package includes roughly $61 billion to Ukraine, $26 billion to Israel, and around $8 billion to Taiwan. The package has also modified and combined a potential ban on the use of TikTok in the United States. The Senate will decide over the next coming weeks if the bill will be passed and then signed into law by President Joe Biden.

US House passes $95 billion Ukraine, Israel aid package, sends to Senate | Reuters

The House votes for possible TikTok ban in the US, but don’t expect the app to go away anytime soon | AP News

House passes Ukraine, Israel, Taiwan aid, potential TikTok ban | CNBC  

A devastating fire ravaged Copenhagen's Stock Exchange Building, one of the nation’s oldest structures. President Joe Biden plans to eliminate $7.4 billion in student loan debt. In the pharmaceutical industry, drug shortages have hit a new peak with 323 drugs in low supply. Iran’s attack on Israel has led to three consecutive days of falling oil prices. The DOJ is gearing up to file an antitrust lawsuit against Live Nation. Amidst a dip in sales and operational challenges, Tesla confirms plans to lay off over 10% of its global workforce. Boston Dynamics introduces a new fully electric version of its Atlas robot. Meanwhile, optimism in the IPO market rises with Ibotta making a successful stock exchange debut.

Macro Recap:

Copenhagen Stock Exchange Devastated by Fire (RT) (AP)

President Biden Announces $7.4 Billion Student Loan Forgiveness (UT) (CBS)

Record Drug Shortages Affect Over 323 Medications (UT) (CNBC)

Oil Prices Drop Following Iran-Israel Conflict (CNBC) (RT)

Corporate World Recap:

DOJ to Sue Live Nation Over Antitrust Concerns  (WSJ) (RT)

Tesla Confirms Major Layoffs Amid Sales Dip (RT) (AP)

Boston Dynamics Unveils New Electric Atlas Robot (CNBC) (V)

Ibotta's Successful IPO Surges Past Expectations  (WSJ) (YT)

The United Arab Emirates suffered their most severe storm in over 75 years, with record-breaking rainfall of up to 10 inches in some areas. The aftermath has caused massive floods, widespread destruction, power outages, and loss of life.

Dubai sees severe flooding after getting 2 years' worth of rain in 24 hours | ABC News

United Arab Emirates struggles to recover after heaviest recorded rainfall ever hits desert nation | AP News

Dubai faces massive clean up after deluge swamps glitzy desert city | Reuters

What caused Dubai floods? Experts cite climate change, not cloud seeding | Reuters

United Arab Emirates struggles to recover after heaviest recorded rainfall ever hits desert nation
'Apocalyptic' Dubai floods shake picture-perfect city | BBC   

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The historical enmity between Israel and Iran escalated recently following an Iranian attack on Israel, a continuation of hostilities that trace back to Israel’s establishment by the UN in 1948, which led to regional conflicts and the displacement of Palestinian refugees. The latest increase in tensions comes after Iran held Israel responsible for an airstrike that killed several members of the Iranian Revolutionary Guard. In retaliation, Iran launched over 300 projectiles into Israel, mostly intercepted, with Israel now threatening further retaliation, raising concerns of a broader Middle Eastern conflict.

Bulletin Brief:

Founding of Israel and displacement of Palestine (BBC, Reuters)

Mid-20th century Israel conflicts (Reuters)

State of Israel and Palestinian territories 1980s-now (Al Jazeera)

Iran’s military attacks on US in Middle East (CNN)

Israeli airstrike kills Iranian top commander (CNN)

Iranian attack on Israel and retaliation (The Intercept, NBC)

Donald Trump, the former U.S. President, is facing 34 felony charges for allegedly falsifying business records to cover up hush money payments to adult film star Stormy Daniels before the 2016 election. The trial in Manhattan has seen intense jury selection, with 7 jurors selected so far after questioning about political views and ability to be impartial. Key witnesses like Trump's former lawyer Michael Cohen, who facilitated payments, are expected to testify. As the first-ever criminal trial of a former president, the case hinges on whether jurors view Trump's actions as intentionally falsifying business records or a simple mix up with the accounting division.

Trump's criminal hush money trial has its first seven jurors | Reuters

First 7 jurors are chosen for Trump’s hush money criminal trial; 11 more still needed | AP News

Trump’s historic hush money trial gets underway; 1st day ends without any jurors being picked | AP News
Trump will be first ex-president on criminal trial. Here’s what to know about the hush money case | AP News 

Coachella 2024 weekend one concluded with stellar performances from industry heavyweights like Tyler, the Creator and A$AP Rocky, along with a reunion show by No Doubt after nine years, featuring special guest Olivia Rodrigo. In a heartwarming viral TikTok story, a father fulfilled his 9-year-old son's dream by purchasing a pet octopus named Terrance. Margot Robbie announced at CinemaCon in Las Vegas her production of a film based on Hasbro's iconic 'Monopoly' board game. Taylor Swift fans eagerly await her 11th studio album, "The Tortured Poets Department," set to release this Friday.

The Bulletin Report

Coachella weekend one ends with a lineup of surprise guests (Guardian) (Independent)

Tiktok family becomes Octopus experts (AP) (TikTok)

Margot Robbie announces partnership with Hasbro on ‘Monopoly’ movie (Guardian)
Taylor Swift’s newest album to be released on Friday (People) (ABC)

Iran launched a massive missile and drone attack on Israel, firing over 300 projectiles. Israel's defense systems shot down 99% of the incoming missiles and drones, but one drone hit a military base, critically injuring a 10-year-old child. The United States has claimed to assist Israel in intercepting Iranian missiles and drones. Iran stated its military operations against Israel have officially concluded, though it warned of a "heavier response" to any new aggression.

Iran's attack on Israel stirs admiration among Gaza Palestinians | Reuters

US military destroyed 80 drones, 6 missiles launched from Iran, Yemen, US Centcom says | Reuters 

US will not take part in any Israeli retaliatory action against Iran | Reuters 

All eyes on Israel's response to Iran drone and missile attacks | BBC
Israel shoots down missiles and drones after Iran launches unprecedented attack | NPR 

The government's new Consumer Price Index data shows a rise in inflation to 3.5% for March. The U.S. added over 303,000 jobs in March, exceeding expectations and dropping unemployment rates to 3.8%. Taiwan's TSMC plans to open a new chip factory in the U.S., supported by over $11 billion from the government. In Vietnam, Real Estate Mogul Truong My Lan has been sentenced to death in a $12 billion fraud case. A Brazilian Supreme Court judge has imposed a daily fine on X (formerly Twitter) for not complying with orders to restrict certain accounts related to former President Jair Bolsonaro. The U.S. Federal Aviation Administration is investigating Boeing following a whistleblower's claims about safety concerns in the production of its jets. JPMorgan Chase is narrowing down candidates to replace CEO Jamie Dimon.

Macro Recap:

Inflation Hits 3.5% in March as Interest Cuts Seem More Pessimistic (U.S. BLS) (JPM)

303,000 Jobs Added In March Dropping Unemployment Rates to 3.8% ((BLMBG) (JPM) 

Corporate World Recap:

TMSC Plans to Open New Chip Factory in U.S. (RT) (CNBC)

Vietnamese Tycoon Sentenced to Death in $12 Billion Scandal (NYT) (BI)

Elon Musk Goes Head-to-Head with Brazil’s Supreme Court (ABC News) (RT)

U.S FAA Investigating Boeing Over Whistleblower Claims (NBC News) (CBS News)

JPMorgan Plan to Replace Current CEO (RT) (YF)

Truong My Lan, a Vietnamese real estate tycoon who rose from humble beginnings, was sentenced to death after being convicted of a massive $12 billion fraud scheme. Over a decade, Lan used her controlling stake in Saigon Commercial Bank to create fake companies and illegally funnel billions in loans to her real estate projects while bribing officials. The total damages amounted to $27 billion, nearly 6% of Vietnam's 2023 GDP. While rare for financial crimes, Lan's death sentence reflects Vietnam's effort to crack down on elite corruption as it vies for foreign investment.

Vietnam tycoon sentenced to death in $12.5 billion fraud case | Reuters 

Vietnam property tycoon Truong My Lan sentenced to death in whopping $27 billion fraud case | CBS News

What to know about the real estate tycoon sentenced to death in Vietnam’s largest fraud case | AP News
Vietnamese Real Estate Tycoon Sentenced to Death in $12 Billion Fraud Case | NYT