Profitloss Centerstage Events

Centerstage events of week 1

Amazon launches Amazon Supply Chain Services (ASCS)...

Amazon launches Amazon Supply Chain Services (ASCS) today, expanding its logistics network into a full public-facing service and triggering a major market reaction. Shares of UPS and FedEx fall sharply as investors fear Amazon is targeting their high-margin business-to-business shipping operations. ASCS offers end-to-end logistics solutions, including freight transport, warehousing, inventory forecasting, and last-mile delivery, even for companies outside Amazon’s marketplace. Analysts describe the move as Amazon’s “AWS moment” for logistics, turning its vast infrastructure into a scalable profit platform. Major firms such as Procter & Gamble, 3M, and American Eagle Outfitters reportedly join the network early, signaling a major disruption to the global logistics industry.

Monday, 4 May, 2026

Uganda limits foreign influence through a bill...

Uganda’s Parliament passes the Protection of Sovereignty Bill, 2026, aimed at limiting foreign influence in political and economic activities. The bill introduces strict controls on foreign funding, criminalizes activities deemed harmful to the economy, and imposes penalties of up to 10 years in prison. Lawmakers soften some provisions before passage by exempting medical, academic, and faith-based organizations and removing clauses affecting the Ugandan diaspora. Critics, including opposition figures and legal groups, warn the legislation resembles “foreign agent” laws used in Russia and China and could suppress journalism, activism, and civil society.

Tuesday, 5 May, 2026

North Korea formally amends its constitution to remove all references to the peaceful reunification...

North Korea formally amends its constitution today, removing all references to the peaceful reunification of the Korean Peninsula and officially adopting Kim Jong Un’s “two-state” doctrine. The revision recognizes South Korea as a separate and hostile state, deletes language describing Koreans as compatriots, and strengthens Kim’s exclusive authority over nuclear forces. The move marks the end of decades of reunification policy and signals a deeper military and ideological divide, reinforcing North Korea’s nuclear posture and reducing prospects for diplomatic engagement with Seoul.

Wednesday, 6 May, 2026

Sri Lanka intensifies its crackdown on international cybercrime syndicates...

Sri Lanka intensifies its crackdown on international cybercrime syndicates, arresting 30 more foreign nationals in Colombo suburbs and bringing the total detained in a week-long operation to 261. Most suspects are from China and Vietnam, with others linked to regional fraud networks across Asia. Authorities accuse them of operating cryptocurrency scams and “pig-butchering” romance fraud schemes using tourist visas as cover. Police seize large amounts of digital equipment and SIM cards, highlighting Sri Lanka’s growing role as a hub for cross-border cybercrime operations.

Thursday, 7 May, 2026