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March 4, 2025

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Japan’s Prince Hisahito, the second in line to the throne, held a debut news conference on Monday, telling reporters he would try to balance official duties and his university studies and research about the dragonfly.

Hisahito turned 18 last September, becoming the first male royal family member to reach adulthood in almost four decades in Japan. It marked a significant development for a family that has ruled for more than a millennium but faces the same existential problems as the rest of the nation — a fast-aging, shrinking population.

The prince said he would follow the good examples of his uncle, Emperor Naruhito, and other elder members of the Imperial family, while pursuing his university studies, beginning next month.

Speaking to reporters at the Akasaka Estate residence in Tokyo, Hisahito said he believes the role of the emperor as a symbolic figure is someone who “always thinks of the people and stays close to them.”

Hisahito is second in line to Japan’s Chrysanthemum Throne, only after his father, Crown Prince Akishino. Before Hisahito’s birthday last year, his father had been the last male to reach adulthood in the family in 1985.

The prince is the youngest of the 16-member all-adult imperial family and one of only five men, including former Emperor Akihito. He said he barely had time to celebrate his adulthood on September 6 as he is still finishing high school.

The 1947 Imperial House Law, which largely preserves conservative pre-war family values, only allows a male to succeed to the throne. Female royal members who marry commoners lose their royal status.

Hisahito’s older cousin, Princess Aiko — the only child of Naruhito and his wife Masako and a Harvard-educated former diplomat — is seen as the public’s favorite, though the law for now bars her from becoming an empress, despite being in a direct line of descent.

Japan’s conservative government wants to keep the royal succession male-only, without relying on women, though it is looking for a way to allow women to keep royal status if they marry commoners and serve in royal duties.

In his childhood, Hisahito showed an avid interest in insects and plans to study biology at the Tsukuba University near Tokyo, starting in April. He hopes to focus his studies on dragonflies, a species that has captivated him.

Apart from researching dragonflies and other insects, Hisahito told reporters he is also interested in studying ways to protect insect populations in urban areas. His other interests lie in growing tomatoes and rice on the palace compound.

Because Japanese royals have to stay away from politics, members of the Imperial Family tend to study biology, literature and arts. Naruhito’s specialty is water transport while his father, Emperor Emeritus Akihito who abdicated in 2019, researches fish. Hisahito’s father, Crown Prince Akishino, is an expert of chickens.

Japan will hold a coming-of-age palace ceremony for Hisahito on September 6, his 19th birthday.

This post appeared first on cnn.com

Dozens of construction workers have been pulled alive from metal containers after they were trapped by a deadly Himalayan avalanche for around 36 hours, according to authorities in northern India.

The Indian Army launched a rescue operation after heavy snowfall triggered the avalanche last Friday near a construction site in the village of Mana, Uttarakhand state, about 10,500 feet (3,200 meters) above sea level.

Some 46 workers survived inside the containers, Indo-Tibetan Border Police and the Indian Army said. Eight workers were killed, officials said.

Many of those rescued were migrant laborers constructing a highway in the remote region, according to local authorities.

The decision likely saved many lives, he said.

“The containers… kept people safe and in fact made the rescue efforts easier because to find a body buried under such dense snow is much harder than finding a large container,” he said.

Photos posted to an Indian Army X account showed soldiers with sniffer dogs surrounding partially crushed metal containers in deep snow.

“Whoever could be taken out immediately was taken out … we got full support,” one unnamed survivor said from his hospital bed in a video attached to the post.

Avalanches and landslides are common in the Himalayas, especially during winter. But the human-induced climate crisis is making extreme weather events more severe and increasingly unpredictable.

Glaciers in the Himalayas melted 65% faster in the 2010s compared with the previous decade, which suggests rising temperatures are already having an impact in the area, according to a 2023 report by the International Centre for Integrated Mountain Development.

The erosion of glacial slopes also heightens the likelihood of floods, landslides and avalanches, increasing the risk to millions living in mountain communities.

In 2021, more than 200 people died after part of a glacier collapsed in Uttarakhand, carrying a deadly mixture of ice, rock and water that tore through a mountain gorge and crashed through a dam.

This post appeared first on cnn.com

Bitcoin has reached a significant milestone, hitting the $100K mark and proving once again its resilience in the crypto market. This achievement has put Bitcoin back in vogue among investors, sparking renewed investor interest and driving fresh trends across the digital asset space.

Renewed Investor Interest

The breakthrough to Bitcoin $100K has captured the attention of both retail and institutional investors. With this milestone, Bitcoin is once again at the forefront of market discussions. Many investors see this as a sign of renewed investor interest that could lead to further growth in the crypto market. In addition, the news has generated buzz on social media and among financial experts, reinforcing the notion that Bitcoin in vogue is a trend that might last.

Positive Market Sentiment and Technical Trends

Market sentiment has turned positive amid the $100K surge. Several factors contribute to this shift. First, regulatory clarity and rising institutional adoption have bolstered confidence. Second, the crypto market now benefits from improved liquidity and favorable technical signals. These trends suggest that Bitcoin’s climb to $100K is not merely a short-term spike, but part of a broader crypto trend. Investors are increasingly comfortable with the idea that Bitcoin’s price action is driven by robust fundamentals.

Implications for the Crypto Market

Bitcoin hitting the $100K milestone has wide-ranging implications for the crypto market. The renewed investor interest is likely to attract more capital into the digital asset space, creating a virtuous cycle that could push prices even higher. This positive momentum may also encourage other cryptocurrencies to benefit from the spillover effect, further shaping market dynamics. Experts believe that as Bitcoin continues to dominate headlines, its influence will extend across the entire crypto market.

Conclusion

In conclusion, Bitcoin’s return to the $100K level marks an exciting moment for the crypto market. With investor interest surging and favorable technical trends in play, Bitcoin in vogue once again signals a promising future. Investors should watch these developments closely as they navigate the dynamic crypto market, ready to seize new opportunities while managing potential risks. Ultimately, this milestone reinforces Bitcoin’s status as a cornerstone in modern finance.

The post Bitcoin $100K Hits: Back in Vogue for Crypto Investors appeared first on FinanceBrokerage.

Goldman Sachs Kostin analyst has issued a warning that the S&P 500 may be headed for a significant correction. His comments, based on current market data and public economic trends, suggest that heightened market risks could force investors to reconsider their positions.

Rising Market Risks and Overvaluation

According to Goldman Sachs Kostin, current market conditions point to growing volatility. He notes that the S&P 500 appears overvalued when measured against fundamental economic indicators. In addition, factors such as rising interest rates and economic uncertainty have increased the overall market risk. These factors, when combined, can create an environment where a correction is likely.

Investor Caution Amid Volatile Trends

Investors are being urged to remain cautious. Kostin emphasizes that the prevailing market optimism may be unsustainable if key economic data turns negative. Many market experts agree that investor caution is necessary during such periods of volatility. In turn, a pullback in the S&P 500 could offer a correction that might reset market valuations to more sustainable levels.

Implications for the Broader Market

A potential S&P 500 correction could have far-reaching implications for other asset classes. With heightened market volatility, investors might shift their focus to safer assets. Moreover, such a correction may serve as a wake-up call for the broader market, prompting both retail and institutional investors to review their portfolios and risk management strategies.

Conclusion

In summary, public data and current market trends support Kostin’s warning about the S&P 500. Rising market risks, overvaluation, and economic uncertainties are key factors that may trigger a correction. Investors should stay informed and practice caution as they navigate these turbulent market conditions. Ultimately, this forecast calls for a balanced approach to risk and a strategic review of investment positions.

This analysis is based on widely reported public market data and reflects a growing consensus among financial experts. As the market evolves, monitoring these trends closely will be essential for making well-informed decisions.

The post Goldman Sachs Kostin Warns of a Potential S&P 500 Correction appeared first on FinanceBrokerage.