WAO ART #85

Three unidentified whales have spent almost $4m buying PEPE meme coin as its price drops, accumulating over 2 trillion units of the coin. One of the whales, identified as 0x50C1, withdrew 1.4 trillion PEPE worth over $2.76m from Binance. Two other prominent investors jointly bought 636B units of PEPE.

Australia has pledged an additional AUD 4bn ($2.7bn) to turn the country into a "renewable energy superpower", with a focus on green hydrogen production. The budget also includes plans to launch a Guarantee of Origin programme to certify renewable energy and green hydrogen production.

Peru's General Command of the Navy has approved the allocation of nearly $260m to build ships in its 2023 Procurement Plan. The plan highlights the naval construction projects the Peruvian Navy will undertake in partnership with SIMA Peru.

Former Pakistani Prime Minister Imran Khan has been arrested outside the High Court in Islamabad on charges of corruption, which he claims are politically motivated. Dozens of paramilitary forces in armoured vehicles detained him after he entered the court compound.

In his annual address, Russian President Putin linked the fight with Ukraine's "criminal regime" to the defeat of Germany, claiming that Russia was protecting people in eastern Ukraine and ensuring its security. He accused the West of sowing hatred against Russia and destroying family values.

The South African opposition party, Economic Freedom Fighters, has asked for donations to "finance the revolution" ahead of its 10th anniversary celebration. The party's leader, Julius Malema, requested donations of cows, vegetables, groceries, T-shirts, and buses for the event in Johannesburg.

Congress is facing a critical week of negotiations on raising the debt ceiling, with the US potentially defaulting as soon as 1 June if the limit is not raised. Republicans only want to raise the debt limit if they can extract policy concessions from Democrats.