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Well, unless Kim Soo Hyun and his agency Gold Medalist sues all the parties involved and gets a full retraction and apology, its hard to believe this was all made up and nothing happened with him and now deceased young actress Kim Sae Ron. Just saying it’s all lies is not enough with so much information out there and now pictures released. Today the Youtube channel Garo Sero Institute posted a picture allegedly of Kim Soo Hyun kissing Kim Sae Ron on the cheek, and I say allegedly because it’s not authenticated but one does have eyes, and if he keeps denying everything he’s going to have to bring receipts because this is all so damning for him and must’ve been so sad and awful for her. It says the picture is…
Imagine being the finance minister of a country that has long relied on foreign aid to fund critical public services. You hear the news that your country’s most prominent donors have economic constraints and are shifting priorities. The budget you had meticulously planned, counting on aid inflows to support essential sectors, is now in question. You must quickly address funding shortfalls and reassure citizens of your country’s economic viability.
Some will view this as an opportunity for self-sufficiency; others will point out the dire socioeconomic reality that compels governments to borrow more. The retreat of global aid and programme suspensions comes when debt levels in low-income countries are already high, with fiscal…
Tesla CEO and DOGE Head, Elon Musk, criticised the current state of US spending, saying that an average citizen in the country “should be mad as hell” over the expenditure of the tax money.
In an interview with Fox News telecast on Tuesday (local time), Musk said that US President Donald Trump inherited a USD 2 trillion trade deficit. He further warned that “America will go bankrupt” if it fails to bring the deficit under control.
Criticising the USAID spending, he added, “I think the average taxpaying American should be mad as hell because their tax money is being poorly spent.”
“Well, the — the overall goal is to try to get a trillion dollars out of the deficit. And if…
Edward Koemans: “Business model was not future-proof”
On 12 March 2025, the Rotterdam District Court declared Davis Europe bankrupt, appointing Mr A.C.L. Beneder as trustee.
In a statement, CEO Edward Koemans explained that the company had experienced rapid growth prior to the COVID years. “Just before COVID, we had invested — in anticipation of Brexit — in a logistics company with its own warehouse. When COVID hit, it became clear that many of our customers were linked to the hospitality industry, resulting in a drop in sales of 50 per cent or more in some months, which forced us to reorganize.”
Edward Koemans: “Business model was not future-proof”
On 12 March 2025, the Rotterdam District Court declared Davis Europe bankrupt, appointing Mr A.C.L. Beneder as trustee.
In a statement, CEO Edward Koemans explained that the company had experienced rapid growth prior to the COVID years. “Just before COVID, we had invested — in anticipation of Brexit — in a logistics company with its own warehouse. When COVID hit, it became clear that many of our customers were linked to the hospitality industry, resulting in a drop in sales of 50 per cent or more in some months, which forced us to reorganize.”
The Federal Court of Australia has forced Australian retailer Ally Fashion into liquidation following an application by a landlord for rent arrears.
The court appointed Jeff Marsden and Duncan Clubb of BDO Australia on February 28, 2025.
Ally Fashion is an Australian-owned female fast fashion retailer that was founded in 2001, with 160 stores across Australia and an online store.
Following an urgent assessment of the business by the liquidators, they have ceased operating 51 retail stores to improve the financial viability of the company.
This includes 19 stores in Queensland, 11 stores in New South Wales, eight in Victoria, seven in South Australia and six in Western Australia.
A majority of the retailer’s stores are located on the…
Chinese company to buy bankrupt German flying taxi firm
by AFP Staff Writers
Berlin (AFP) Mar 13, 2025
Insolvent German flying taxi firm Volocopter is to be bought by a Chinese vehicle parts maker, just weeks after another German company in the field, Lilium, collapsed.
The Chinese firm, Zhejiang Wanfeng Auto Wheel Co., put the price tag of the transaction at 10 million euros ($10.9 million), while Volocopter’s assets were given a book value of around 42 million euros.
Founded in 2011, Volocopter filed for insolvency in December.
It had wanted to bring its two-seater flying electric taxi “Volocity” to market by 2025 but suffered a setback when it had to cancel test flights at last year’s Paris Olympics.
