Profitloss Centerstage Events

Iranian female football fan setting herself on fire took center stage on Monday, 9 September 2019 among all major events across the globe, and remains the highlight of this week's list of center stage events.
Picture Courtesy: Profit loss

Centerstage events of week 2

Jack Ma, the founder of Alibaba Group, steps down as...

Jack Ma, the founder of Alibaba Group, steps down as the company's Executive Chairman and is succeeded by Daniel Zhang. Ma's retirement coincides with Teachers' Day in China and his 55th birthday. A former English teacher turned billionaire, Ma celebrates his retirement at a stadium in Hangzhou, Alibaba's hometown.

Monday, 9 September, 2019

Tokyo Electric Power Company (Tepco) announces that it will run...

Tokyo Electric Power Company (Tepco) announces that it will run out of storage space for over 1 million tonnes of radioactively contaminated water from its damaged Fukushima nuclear plant by 2022. Japanese Minister of the Environment Yoshiaki Harada suggests that the only option may be to drain the water into the sea and dilute it.

Tuesday, 10 September, 2019

Tongan Prime Minister ʻAkilisi Pōhiva passes away at the age...

Tongan Prime Minister ʻAkilisi Pōhiva passes away at the age of 78, one day after being taken to a hospital in New Zealand. Pohiva, a pro-democracy activist, served as the Prime Minister of Tonga from 2014 until his death. He was the first commoner elected to the position by Parliament rather than appointed by the King. Pohiva's government made controversial decisions during his tenure, including initially ratifying the Convention on the Elimination of All Forms of Discrimination Against Women.

Wednesday, 11 September, 2019

Water vapor is detected on exoplanet K2-18b, a super-Earth located...

Water vapor is detected on exoplanet K2-18b, a super-Earth located about 111 light-years away from Earth. This marks the first confirmed detection of water on an exoplanet within the habitable zone of its star, where conditions may be suitable for liquid water and potentially life as we know it.

Thursday, 12 September, 2019

Two Saudi Aramco oil refineries in Saudi Arabia, Abqaiq and...

Two Saudi Aramco oil refineries in Saudi Arabia, Abqaiq and Khurais, are attacked by drones, resulting in significant fires and disrupting approximately 5 million barrels of oil per day, roughly half of the country's oil exports. Houthi militants claim responsibility for the attack, stating they used 10 drones. The fires are reported to be under control according to the Saudi Arabian Interior Ministry.

Friday, 13 September, 2019

Following the drone attacks on Saudi Aramco facilities, the price...

Following the drone attacks on Saudi Aramco facilities, the price of benchmark Brent Crude oil futures contracts experiences a surge of up to 19.5% at market opening, marking the largest percentage increase since the 1990 oil price shock triggered by Iraq's invasion of Kuwait. The attack on Saudi Arabia's oil infrastructure causes concerns over global oil supply and potential geopolitical tensions in the region.

Saturday, 14 September, 2019

The Solomon Islands' Cabinet decides to switch diplomatic ties from...

The Solomon Islands' Cabinet decides to switch diplomatic ties from Taiwan to China. In response, Taiwan announces the termination of its relations with the Solomon Islands. This move signifies a shift in the geopolitical landscape of the Pacific region and further isolates Taiwan diplomatically.

Sunday, 15 September, 2019