The 10 most important things in the world right now

Former US President Barack Obama stands next to his newly unveiled portrait at the Smithsonian’s National Portrait Gallery, on February 12, 2018 in Washington, DC. Photo: Mark Wilson/Getty Images

Hello! Here’s what’s happening on Tuesday.

1. South Africa’s President Jacob Zuma is reportedly being fired by his own party. Zuma has been a controversial president since taking office in 2009 and has faced multiple corruption claims and eight no-confidence votes.

2. US President Donald Trump released his fiscal year 2019 budget. Trump reversed long-held promises, like cuts to Medicare, but the budget is unlikely to be enacted into law.

3. Billionaire investor George Soros promised an extra six figure donation to an anti-Brexit campaign. Soros’ donation pledge comes after a series of press attacks against him, which he has called a “smear campaign.”

4. North Korean leader Kim Jong Un gave rare praise to South Korea. The praise was given for “impressive” efforts to prioritise hosting North Korea’s delegation at the Winter Olympics.

5. The White House denied it was discussing annexing the West Bank with Israel. Israeli Prime Minister Benjamin Netanyahu said he had been discussing “applying sovereignty” over the West Bank with the US for “some time.”

6. Amazon is laying off hundreds of employees. Affected staff will mostly be from its Seattle headquarters, where the company employs more than 40,000 people.

7. US stocks surged for a second straight trading day.The three major indexes plummeted last week, marking a 10% drop from recent highs.

8. The Winter Olympics opening ceremony was hit with a cyberattack that’s been dubbed “Olympic Destroyer.” The malware’s aim was to delete backup files and meddle with boot-up files, say experts.

9. China has charged former senior politician Sun Zhengcai with bribery amid graft crackdown. Sun was abruptly removed from his post leading one of China’s most important cities last year and replaced with one of President Xi Jinping’s protégés.

10. Iceland may use more electricity mining bitcoin than powering homes this year. Crypto mining has become increasingly popular in Iceland, aided by its cool weather, cheap energy and super-fast networks.

And finally…

The 25 best photos of the Winter Olympics so far.

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