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☆ European police seize Lamborghinis and Rolexes over alleged $650M Covid-19 fraud
▼ + stars: | 2024-04-04 | by ( Christian Edwards | Sharon Braithwaite | ) edition.cnn.com time to read: +2 min

CNN —Police have arrested 22 people and seized assets worth more than €600 million ($650 million) in connection with alleged fraud linked to the European Union’s post-pandemic recovery fund. The alleged fraud is likely to renew concerns about the misuse of the EU’s €800-billion recovery fund to help revive the bloc’s economy. The European Public Prosecutor’s Office (EPPO) said a criminal organization is suspected of running a fraud scheme between 2021 and 2023 to swindle Italy’s recovery packages. The prosecutor’s office claimed the group used cryptocurrencies, artificial intelligence and offshore cloud servers to carry out and conceal the fraud. The United States has also attempted to crack down on alleged fraud involving Covid-19 relief resources.

Persons: Lamborghinis, Cartier Organizations: CNN — Police, Prosecutor’s, Police, Public, ”, United, Small Business Administration Locations: Italy, Austria, Romania, Slovakia, United States

☆ Lion attacks: How to stay safe on safaris in Africa
▼ + stars: | 2024-01-25 | by ( Forrest Brown | ) edition.cnn.com time to read: +17 min

It was July of 2022, and the co-founder of Discover Africa Safaris was out in the bush near the Khwai River in northern Botswana. African lions are fully capable of attacking, killing and even eating humans, and it’s generally estimated about 250 people a year die in lion attacks. WLDavies/E+/Getty ImagesOnly about 23,000 lions remain in sub-Saharan Africa, found mostly in Eastern and Southern Africa, Muruthi said. Before your trip, It's important to study up on safety tips -- such as remaining inside your safari vehicle when lions and other wild animals approach. Secondly, fleeing indicates to the lion you’re frightened and now possible prey, turning what might have initially been a mock charge to test you into a real attack.

Persons: Steve Conradie, Discover Africa Safaris, — “, ‘, ” Conradie, “, ”, ’ Steven Conradie, …, Conradie, Philip Muruthi, He’s, Muruthi, Masai, ’, ” Muruthi, Paul A, Andre Van Kets, Van Kets, Martin Harvey, It’s, you’re, don’t, they'll, Robert Muckley, There’s, Anup Shah, ” Van Kets, I’d, — Organizations: CNN, Discover, Lion Recovery, African Wildlife Foundation, Masai Mara, Reserve, East, ” Lions, International Union for, Nature, Sacramento Zoo, PLOS, Africa Tourists, Bank, Kenya Geographic, San Diego Zoo Wildlife Alliance, Lions, … Locations: Discover Africa, Botswana, South Africa, Africa, Zimbabwe, Hwange, Kenya, Saharan Africa, Eastern, Southern Africa, Tanzania, East Africa, California, Namibia

☆ Slow Acapulco Recovery After Hurricane Fans Fears Over Livelihoods
▼ + stars: | 2023-11-25 | by ( Nov. | At P.M. | ) www.usnews.com time to read: +2 min

Lopez Obrador has launched a $3.4 billion recovery plan and pledged to get Acapulco back on its feet quickly, but local businesses say time is fast running out for this year. "Acapulco lives off just three seasons: December, which is the biggest for us, Easter, and a bit of summer. Business groups have estimated the damage at around $16 billion in Acapulco, which is the biggest city in Guerrero, one of Mexico's poorest states. The hurricane battered Acapulco's airport, and international flights are not due to resume until next year. (Reporting by Troy Merida and Raquel Cunha; Writing by Valentine Hilaire; Editing by Leslie Adler)

Persons: Troy Merida, Raquel Cunha ACAPULCO, Hurricane Otis, Otis, Andres Manuel Lopez Obrador, Lopez Obrador, we're, Jesus Zamora, Roberto Buenfil, Emiliano Zapata, Raquel Cunha, Valentine Hilaire, Leslie Adler Organizations: Security Locations: Acapulco, Guerrero

ACAPULCO, Nov 25 (Reuters) - One month since Hurricane Otis devastated Acapulco, fears for the local economy stalk the Mexican beach resort with businesses saying efforts to repair the damage have been too slow to save a vital part of the tourist season: December. Lopez Obrador has launched a $3.4 billion recovery plan and pledged to get Acapulco back on its feet quickly, but local businesses say time is fast running out for this year. "Acapulco lives off just three seasons: December, which is the biggest for us, Easter, and a bit of summer. "By the December season we won't even have 50% of hotels running, so even if we wanted to have more tourists, we couldn't host them," he added. Business groups have estimated the damage at around $16 billion in Acapulco, which is the biggest city in Guerrero, one of Mexico's poorest states.

Persons: Hurricane Otis, Otis, Andres Manuel Lopez Obrador, Lopez Obrador, we're, Jesus Zamora, Roberto Buenfil, Emiliano Zapata, Troy Merida, Raquel Cunha, Valentine Hilaire, Leslie Adler Organizations: Security, Thomson Locations: ACAPULCO, Acapulco, Guerrero

☆ Qantas focuses on international capacity recovery after record annual profit
▼ + stars: | 2023-08-23 | by ( ) www.reuters.com time to read: +2 min

"Travel demand is incredibly robust and we've taken delivery of more aircraft and opened up new routes to help meet it," Qantas Group CEO Alan Joyce said. Qantas said its group domestic capacity is expected to remain above pre-COVID levels throughout fiscal 2024. Additionally, its profit was helped by the completion of the group's A$1 billion recovery programme launched in 2020, in the wake of the COVID-19 pandemic. The results beat the mid-point of Qantas' profit outlook of A$2.43 billion to A$2.48 billion, nearly A$850 million higher than its 2018 record levels of A$1.60 billion. The company, however, did not announce a final dividend, continuing the trend of non-payment for the past three years.

Persons: Loren Elliott, Alan Joyce, Refinitiv Eikon, Roushni Nair, Archishma Iyer, Shailesh Kuber, Sherry Jacob, Phillips Organizations: Qantas, Sydney Airport, REUTERS, Australia's Qantas Airways Ltd, Thomson Locations: Sydney, Australia, Bengaluru

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