Author: xjadmin

On the evening of May 3rd local time, the Israel Defense Forces issued a statement stating that they will issue a new round of recruitment orders to tens of thousands of reserve personnel in preparation for the upcoming expansion of military operations in the Gaza Strip. According to military sources, the duration of this round of reserve service is currently unclear, but it may last for a longer period of time. Most of the recalled personnel will take over the active duty troops deployed in northern Israel and the West Bank of the Jordan River, thereby releasing conventional combat forces and strengthening the ground offensive against Gaza.

On May 4th, local time, on May 3rd, the Russian Ministry of Defense announced that the Russian military had destroyed two Ukrainian unmanned ships in the Black Sea waters. In addition, the municipal department of Novorossiysk, a Black Sea port city in Russia, reported that at least 95 homes were damaged in Ukrainian drone attacks from the night of the 2nd to the early morning of the 3rd. On the morning of that day, the municipal department reported that the attack resulted in 5 injuries. There is currently no response from the Ukrainian side regarding this matter.

On May 4th, Buffett announced that the Berkshire Hathaway board of directors will meet tomorrow and there is a proposal that currently only my children and I (who are also company directors) are aware of. He will recommend Abel to become the CEO of Berkshire Hathaway by the end of the year. He will still stay in the company to provide assistance, but the final decision will belong to Abel.

On the early morning of May 4th, the official vote counting results released by the Singapore Election Bureau showed that the ruling party, the People’s Action Party, won the 2025 general election. In this parliamentary election, 209 candidates from 11 political parties and 2 independent candidates competed for 97 parliamentary seats in 33 constituencies. This election is the first time since Singapore’s current Prime Minister, Wong Shun Choi, took office in 2024 that he has led the ruling People’s Action Party to participate in parliamentary elections. The Singapore Parliament adopts a unicameral system, with members elected by voters for a term of 5 years. The political party holding the majority of seats in the Parliament can form a government.

On May 3rd, when talking about how young investors should shape their investment philosophy, Buffett said that the people you associate with are very important. You should be with people who are better than you, “he said. You will move towards the direction of the person you are dating

On May 3rd, Chinese Ambassador to Japan Wu Jianghao made solemn representations to Japan’s Vice Minister of Foreign Affairs, Ken’yu Funako, regarding the intrusion of Japanese civilian aircraft into our airspace over the Diaoyu Islands. Wu Jianghao stated that on May 3rd, the Japanese government allowed a Japanese civilian aircraft to illegally enter the airspace of the Diaoyu Islands, seriously violating China’s sovereignty. The Chinese side is strongly dissatisfied and firmly opposed, and has taken necessary control measures in accordance with the law to warn and expel. The Chinese side demands that the Japanese side recognize the seriousness of the situation and take practical measures to prevent similar incidents from happening again. The Diaoyu Islands and its affiliated islands are China’s inherent territory. If Japan takes new provocative actions, China will definitely take resolute countermeasures and firmly safeguard national sovereignty and maritime rights and interests.

On May 3rd, according to the latest sampling data from various constituencies released by the Singapore Electoral Board, the ruling People’s Action Party has won 56 seats in this parliamentary election, exceeding half of the total seats. There are 211 candidates competing for 97 parliamentary seats in this election. This election is the first time that Singapore’s current Prime Minister, Wong Shun Choi, has led the ruling People’s Action Party to participate in parliamentary elections since taking office in 2024. The Singapore Parliament adopts a unicameral system, with members elected by voters for a term of 5 years. The political party holding the majority of seats in the Parliament can form a government.

On May 3rd, Buffett revealed that he “almost spent $10 billion” recently, but ultimately did not take action. He also emphasized, “What I mean is that when we encounter investment opportunities that we understand, consider valuable, and reasonable, making these decisions is not difficult

On May 3rd, when asked about the impact of artificial intelligence on the insurance business, Berkshire Hathaway’s head of insurance business, Ajit Jahn, spoke for the first time. He stated that artificial intelligence will become a true disruptor in the fields of insurance and risk pricing. However, Berkshire Hathaway will adopt a “wait-and-see” attitude towards AI applications in the insurance industry and has not yet invested a lot of energy or funds to seize this opportunity. Jahn also pointed out that many people in the field of artificial intelligence are ultimately spending huge amounts of money chasing the next fashion trend, and Berkshire Hathaway is not good at being a pioneer in the next fashion thing.

On May 3rd, according to the Serbian Presidential Office, Serbian President Vu č i ć was sent to the Military Medical College in Belgrade for further treatment. The country’s Minister of Health, Loncar, and a medical expert accompanied the examination at the hospital. On that day, Wu Qiqi interrupted his official visit to the United States and returned home due to sudden health problems.