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This Happened

This Happened - April 21: The Godfather Of Punk Is Born

Iggy Pop was born on this day in 1947 in Michigan. He is an American musician, singer, songwriter, and actor known for his influential career in rock music, particularly his work with the punk rock band The Stooges in the late 1960s and early 1970s.

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How did Iggy Pop influence the punk rock movement?

Iggy Pop's music and stage presence were a major influence on the punk rock movement. His raw and aggressive style of music, combined with his confrontational and unpredictable stage persona, set the template for many punk rock performers who followed in his footsteps.

What is Iggy Pop's personal life like?

Iggy Pop has been known for his drug use and wild behavior in the past, but he has also spoken openly about his struggles with addiction and his efforts to overcome them. He has been married twice and has a son.

What is Iggy Pop's legacy?

Iggy Pop's legacy is that of a true rock icon and innovator. His music and stage presence have inspired countless musicians over the years, and he continues to be a major influence on the punk and alternative rock scenes. He has also been recognized for his contributions to music with induction into the Rock and Roll Hall of Fame, and he remains an important figure in the world of rock music to this day.

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How A Xi Jinping Dinner In San Francisco May Have Sealed Mastercard's Arrival In China

The credit giant becomes only the second player after American Express to be allowed to set up a bank card-clearing RMB operation in mainland China.

Photo of a hand holding a phone displaying an Union Pay logo, with a Mastercard VISA logo in the background of the photo.

Mastercard has just been granted a bank card clearing license in China.

Liu Qianshan


It appears that one of the biggest beneficiaries from Chinese President Xi Jinping's visit to San Francisco was Mastercard.

The U.S. credit card giant has since secured eagerly anticipated approval to expand in China's massive financial sector, having finally obtained long sought approval from China's central bank and financial regulatory authorities to initiate a bank card business in China through its joint venture with its new Chinese partner.

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Through a joint venture in China between Mastercard and China's NetsUnion Clearing Corporation, dubbed Mastercard NUCC, it has officially entered mainland China as an RMB currency clearing organization. It's only the second foreign business of its kind to do so following American Express in 2020.

The Wall Street Journal has reported that the development is linked to Chinese President Xi Jinping's meeting on Nov. 15 with U.S. President Joe Biden in San Francisco, part of a two-day visit that also included dinner that Xi had with U.S. business executives.

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