Daily SumUp

US President Donald Trump will host top purchasers of the cryptocurrency that bears his name at a gala dinner on Thursday.$TRUMP was launched shortly before his inauguration in January, initially rocketing in value before falling sharply shortly afterwards."It's fundamentally corrupt -- a way to buy access to the President," Democrat senator Chris Murphy wrote on X, one of a number of people to question the ethics of the event.Some have also suggested the expected attendance of many foreign investors poses a threat to national security.But the White House has batted away such allegations, saying Trump is only motivated by public service

North Korean leader Kim Jong Un vented fury at his own military and other officials Wednesday after his country's second naval destroyer was damaged in a failed launch that he was there to witness, state media reported Thursday. Kim wants bigger warships to deal with what he calls escalating U.S.-led threats against his country, amid a long-simmering standoff over his nuclear weapons.It is uncommon for North Korea to acknowledge military-related setbacks or accidents, and observers say the disclosure of the failed ship launch suggests Kim is serious about his naval advancement program and confident of ultimately achieving that objective.

Russian armed forces are creating a “security buffer zone” along the border between Russia and Ukraine, President Vladimir Putin said Thursday.“I have already said that a decision was made to create the necessary security buffer zone along the border. Our armed forces are currently solving this problem. Enemy firing points are being actively suppressed, the work is underway,” Putin said.Ukrainian foreign ministry spokesperson Heorhii Tykhyi said the plan was “aggressive” and demonstrated that “Russia is the obstacle of peace efforts now.”

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