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☆ Sedition Sentence for Oath Keepers Leader Marks Moment of Accountability
▼ + stars: | 2023-05-26 | by ( Alan Feuer | ) www.nytimes.com time to read: +1 min

A few hours after Stewart Rhodes, the leader of the Oath Keepers militia, was sentenced on Thursday to 18 years in prison for his role in a seditious conspiracy to instigate the pro-Trump violence of Jan. 6, Matthew M. Graves, the federal prosecutor who has overseen the government’s investigation of the Capitol attack, released a statement with a fact that underscored the landmark nature of the moment. “More people were convicted of seditious conspiracy in connection with the siege of the Capitol on Jan. 6, 2021,” Mr. Graves wrote, “than any other criminal event since the statute was enacted during the Civil War.”Nearly two and a half years after supporters of President Donald J. Trump stormed the Capitol in an effort to derail the peaceful transfer of power, Mr. Rhodes’s sentencing was the most high-profile statement of accountability yet for an episode that seems certain to occupy a dark place in American history and remains a flashpoint in American politics. Amid the more than 1,000 criminal cases filed so far by the Justice Department against those who played a role in the attack, the prosecution of Mr. Rhodes, accused of plotting to mobilize his followers into storming the Capitol in two separate military-style “stacks,” stood out in a way that the judge who sentenced him, Amit P. Mehta, articulated in court on Thursday.

☆ Jan. 6 Rioter Gets 14 Years for Police Attacks, Longest Sentence Yet in Inquiry
▼ + stars: | 2023-05-05 | by ( Alan Feuer | Zach Montague | ) www.nytimes.com time to read: +1 min

At a hearing in Federal District Court in Washington, the man, Peter Schwartz, 49, joined a growing list of people charged with assaulting the police on that day who have received stiff sentences. Until now, the longest sentence in a Jan. 6 case had been the 10-year term given to Thomas Webster, a former New York City police officer who was found guilty last year of swinging a metal flagpole at an officer at the Capitol. The sentence could presage more long prison terms to come. The prosecutors said holding Mr. Rhodes accountable at his sentencing hearing, scheduled for May 24, would be essential to preserving American democracy. His punishment, they said, could help decide whether “Jan.

☆ INDIA RUPEE Rupee to open flat; volatility tipped to rise later in Jan
▼ + stars: | 2023-01-02 | by ( Nimesh Vora | ) www.reuters.com time to read: +2 min

MUMBAI, Jan 2 (Reuters) - The Indian rupee is tipped to open little changed against the U.S. dollar on Monday, with traders assessing the outlook for the local currency after a difficult year. The rupee is expected at around 82.70-82.75 per dollar at the open, compared to 82.72 in the previous session. We anticipate an increase in volatility later this month on new positions and flows and before India's budget, the trader said. At the open, the rupee will have to contend with the 3% jump in Brent crude futures on Friday. The dollar index was little changed, at around 103.5, to begin the week.

☆ VCs say AI in the classroom and tech meant to help students who've fallen behind will be among the top edtech trends in 2023
▼ + stars: | 2022-12-19 | by ( Madeline Renbarger | ) www.businessinsider.com time to read: +2 min

In fact, annual venture-capital funding to edtech startups has more than tripled since 2019, according to PitchBook data. That increased nearly threefold in 2020, to $14.1 billion, and then reached a record total in 2021 with $16.8 billion, PitchBook found. PitchBook estimates that edtech funding in 2022 stood at $8.4 billion as of December 15, as schools reopening led to less need for virtual teaching tools. Edtech startups across all sectors tend to be countercyclical compared with the economy at large, according to Amit Patel, a managing director at Owl Ventures. Here are the top four edtech trends to watch in 2023, according to top edtech investors.

☆ INDIA RUPEE Rupee recovers, premiums fall below critical level
▼ + stars: | 2022-11-28 | by ( Nimesh Vora | ) www.reuters.com time to read: +1 min

MUMBAI, Nov 28 (Reuters) - The Indian rupee recovered its opening losses to end largely flat against the dollar, while forward premiums declined more to slip below a key level. Indian equities reaching a record high and a fall in oil prices further helped the rupee. Foreign investors have poured in almost $4 billion into Indian equities so far this month. Rupee forward premiums extended their recent decline with the 1-year implied yield falling below 2% for the first time in over ten years. The fall in the overnight cash USD/INR swap rate was among the main reasons for the fall in forward premiums, according to traders.

☆ Superyacht rentals, private jets and a soccer-themed hotel: Dubai is cashing in on the Qatar World Cup
▼ + stars: | 2022-11-24 | by ( Natasha Turak | ) www.cnbc.com time to read: +6 min

A yacht that can be rented to watch the World Cup while sailing around Dubai is docked in Dubai harbor on November 1, 2022, ahead of the Qatar 2022 FIFA World Cup football tournament. Paul Griffiths, CEO of Dubai Airports, in August called Dubai "the major gateway" to the World Cup and predicted it would see more tourists than Qatar itself. Getty Images | A general view of the West Bay area ahead of the FIFA World Cup Qatar 2022 at on November 18, 2022 in Doha, Qatar. "Its tourism infrastructure and straightforward entry requirements make it a convenient base for World Cup fans." Dubai, meanwhile, as a city has more than 140,000 hotel rooms, according to hotel data firm STR.

☆ Indian rupee marks biggest monthly losing streak since 1985
▼ + stars: | 2022-10-31 | by ( ) www.reuters.com time to read: +2 min

MUMBAI, Oct 31 (Reuters) - The Indian rupee has declined in each of the ten months this year to notch its biggest losing streak in almost four decades as the U.S. Federal Reserve's hawkish stance on monetary policy catapulted the dollar to two-decade highs. The dollar index is up 16% this year, having scaled 114.8-levels last month to trade near its 2002 peak. The Indian rupee fell 1.8% against the dollar in October, taking its slide for the year to nearly 11%. It could come under pressure in case Fed indicates aggressive tightening path in the future," HDFC Bank economists wrote in a note. Reporting by Anushka Trivedi in Mumbai; Editing by Savio D'SouzaOur Standards: The Thomson Reuters Trust Principles.

☆ Rupee ends flat, gives up intraday gains; outlook dim
▼ + stars: | 2022-10-18 | by ( Nimesh Vora | ) www.reuters.com time to read: +2 min

The rupee closed at 82.36 per dollar, compared with 82.3500 in the previous session. Still, analysts reckon that the rupee will likely add to its 10.5% decline so far this year. "Until the global turmoil eases out and the trend changes across, pressure on the rupee will remain." The rupee's climb to near 82 earlier in the session was aided by investors' relatively stronger risk appetite. Open interest on USD/INR futures on the NSE fell, likely due to traders taking advantage of the dip to 82 to lock in profits on dollar short positions.

☆ See the 18-slide pitch deck Peachy, a digital health insurance platform targeted at millennials, used to raise $1.6 million
▼ + stars: | 2022-10-11 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +3 min

London-based Peachy has raised $1.6 million for its health insurance platform. The startup tailors its digital platform to millennials and aims to expand its services to SMEs. Check out the 18-slide deck used to raise the fresh funding. A startup that has created a digital health insurance platform for millennials and service workers has closed a $1.6 million seed round. Their backers included the likes of Dr Damien Marmion, ex-CEO of global insurance provider Axa Global Health, Eva Maria Barbosa, partner at global law firm Clyde and Co, and Sian Fisher, ex-CEO of the Chartered Institute of Insurers, among others.

, said in a statement that Drizly is one of the few places where her company can run multimedia ad campaigns. The database allows the company to charge above-market rates for ad placements, according to Mr. Patel. The company also hired Gina Hardy as its first chief customer officer to oversee all marketing operations. Mr. Patel declined to comment on specific growth goals for Drizly, but said the company sees significant potential in its advertising platform, which is independent of its parent company’s Uber Eats ad business. Drizly sales grew 517% from September 2019 to September 2021, according to market-research firm Bloomberg Second Measure.

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