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While Brazil is famous for its many charms, it is also internationally recognized for something else: violence and crime. As thousands of foreign VIPs prepare to visit the country for its Olympic games this summer, fear of crime from pickpocketing to kidnapping is seeing private security forces mobilize. Sponsored by: EVERYTHING YOU NEED TO KNOW, RIGHT NOW. #IBTPulse --------------------------------------------------------------- As Crime Explodes In Rio, Private Security Forces Step In While Brazil is famous for its many charms, it is also internationally recognized for something else: violence and crime. As thousands of foreign VIPs prepare to visit the country for its Olympic games this summer, fear of crime from pickpocketing to kidnapping is seeing private security forces mobilize. Volkswagen Back In Profit, But Earnings Hit The German automaker moved back into profit during the first quarter of 2016, after posting a massive full-year loss last year following the controversy over its emissions cheating. The company reported a 19 percent fall in net profit, worse than analysts' estimates, but an absence of new provisions against earnings fed optimism that the worst of the scandal was behind the firm. North Korea’s Top Official Arrives In China The vice chairman for international affairs of North Korea's ruling Workers' Party visits Beijing Tuesday – the first such visit by a top Pyongyang official since the ties between the two countries were strained by the North's recent series of nuclear tests and missile launches. Although the purpose of the visit has not been made public, he may be seeking to smooth ruffled feathers in Beijing, after reports of another failed North Korean missile launch Tuesday. Tesla Holds Shareholder Meeting The electric carmaker's CEO, Elon Musk, will face questions from investors at the company's AGM Tuesday, and the manufacturing infrastructure for the company's upcoming Model 3 will be in the spotlight. Musk is expected to be asked about the state of the company's “Gigafactory” battery production facility, which is set to officially open in July, and is viewed as crucial to the success of the Model 3 launch. You can watch a live stream of the event here. HERE'S WHAT YOU MISSED LAST NIGHT. 'Africa's Pinochet' Gets Life Sentence Chad’s former dictator, Hissène Habré, was sentenced to life in prison by a Senegalese court Monday for crimes against humanity committed during his eight-year rule, which ended in 1990. Habré’s proceedings marked the first human rights trial of an ex-leader of one African country by a court in another African nation under the auspices of the African Union. Japan Factory Output Unexpectedly Rises Better-than-expected data published Tuesday showed that Japan's factory output rose in April, triggering a brief rebound in the yen that pushed the dollar off its one-month high against the Japanese currency. The data allayed fears that a series of recent earthquakes in the south of the country had hampered production, and offered a ray of hope to an economy squeezed by weak exports and consumption. Snowden Responds To Holder's Mixed Praise Edward Snowden responded to former U.S. Attorney General Eric Holder after he said the former National Security Agency contractor, who leaked classified information three years ago, performed a “public service.” In a tweet, Snowden pointed out how Holder's position on Snowden's actions has become progressively more lenient over time. Top Brazil Anti-Corruption Official Out Over Scandal Brazil's Transparency Minister Fabiano Silveira, the man tasked with fighting official corruption by interim President Michel Temer, resigned Monday after leaked recordings suggested he tried to derail a sprawling corruption probe. Silveira is the second minister to be forced out since Temer's government took office May 12, denting efforts to build a stable administration following the suspension of President Dilma Rousseff. AND THEN THERE'S THIS... Is Bitcoin Really Money? Should bitcoin be considered money? It is a question that banks, government, regulators and financial institutions around the world have been grappling with for years, but now that question could finally be answered in a groundbreaking court case, the result of which could have significant impact on the cryptocurrency market all over the world. Mouse House Battles Chinese Copycats The Walt Disney Co., which is preparing to launch the latest addition to its global theme park stable in Shanghai next month, is facing some local competition that looks strangely familiar. The company has pledged legal action against Wanda City, a newly opened Chinese-owned theme park, at which Disney-owned characters like Snow White and Captain America are among the attractions. 7 Hanover Square, 5th Floor, New York, NY 10004 © 2015 IBT Media Inc. All Rights Reserved. Please add pulse@ibt-mail.com to your contacts [Unsubscribe] | Privacy Policy