Total Devastation: Earthquake Hits Asia | EU Military Business Booms | Wall Street Bonuses

Myanmar reels from its deadliest quake in 100 years, Wall Street bonuses skyrocket, and Europe's military boom transforms industries.

🌏 Asia: Myanmar was struck by a devastating 7.7-magnitude earthquake—the strongest in a century—leaving over 800 dead and thousands injured. Neighboring Thailand and Vietnam also felt the tremors, with a high-rise collapse in Bangkok trapping dozens. Governments across the region are mobilizing rescue efforts, while markets react to the disaster.

💰 America: Wall Street bonuses hit a record $47.5 billion in 2024, with the average payout soaring 31.5% to $244,700. Fueled by booming financial markets, the surge benefits New York’s economy but raises concerns about growing inequality and future volatility. Meanwhile, 2025 is proving to be a much more turbulent year for the industry.

⚔️ Europe: A military boom is reshaping industries as European firms shift toward defense to capitalize on soaring military budgets. From autonomous trucking startups to automakers pivoting into defense, companies are racing to secure lucrative contracts. Defense ETFs are surging, but industrialists warn of the complexities of entering the sector.

00:00 Introduction 00:24 Asia 03:05 North America 04:55 Europe

WBN TV Team

#Global News #Asia Earthquake #Wall Street Bonuses #Defense Boom #EU Business #Financial Markets #WBN TV