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☆ Oil is struggling this week but could be primed for a near-term bounce, analysts say
▼ + stars: | 2023-11-10 | by ( Spencer Kimball | ) www.cnbc.com time to read: +2 min

Oil prices may be due for a pop after their recent struggles, according to two analysts. International benchmark Brent is down 3.7% this week, while U.S. West Texas Intermediate futures have lost nearly 4%. Flynn said virtually everyone in the market right now is short oil futures. "You could easily mount a recovery here because we're probably the most oversold in a year in the market," said Flynn. OPEC+ will meet in two weeks and could take action to defend prices while there's still a low risk of regional war.

Persons: Phil Flynn, Flynn, we're, Hossein Amir, Abdollahian, Qatar's Sheikh Mohammed bin Abdulrahman, Maximilian Layton, there's, Layton Organizations: Brent, U.S, West Texas, Price Futures, Iranian, Iran's Press, Citi Locations: Europe, China, Qatar's Sheikh Mohammed bin Abdulrahman Al Thani, Gaza, OPEC, Israel, Iran

The future may be bright and electric but copper and the rest of the LME metals are currently caught in an old-fashioned industrial downturn. Such "green" investment appears to be acting as a major offset to the downturn in the traditional metals demand driver that is the commercial property market. MIXED SIGNALSThe energy transition and the resulting booster to metals demand was the core talking-point at this year's collective LME Week discussions. Yet the LME metals have not yet escaped the gravitational pull of the traditional industry cycle. But most visitors to LME Week will have returned home braced for more short-term price weakness.

Persons: Ruben Sprich, Max Layton, Tin, Jeremy Pearce, Jorge Vazquez, Jim Lennon, Sharon Singleton Organizations: REUTERS, Metal Exchange, Citi, International Tin Association, HIT, Study, GREEN, Groups, European Union, Producers, Reuters, Thomson Locations: Thoerishaus, Bern, London, Macquarie, China, Europe, North America, Indonesia, GREEN CHINA, China . China, United States

GLENNVILLE, Ga. (AP) — A Georgia prison guard died Sunday after he was attacked by an inmate, state officials said. Correctional officer Robert Clark, 42, died at a hospital after an inmate assaulted him with a homemade weapon at Smith State Prison in rural Glennville, the Georgia Department of Corrections said in a news release. “We will support them as they navigate this tragedy over the coming days, weeks and months.”Clark had begun working as a state corrections officer six months ago, the agency said. The second inmate tried to help the officer and was also wounded. Political Cartoons View All 1190 ImagesThe Department of Corrections identified the inmate who attacked the two men as Layton Lester and said he is facing charges in Clark's death and the assault on the second inmate.

Persons: Robert Clark, Clark’s, Tyrone Oliver, ” Clark, Clark, Layton Lester, Lester Organizations: Georgia Department of Corrections, GDC, of Corrections Locations: Georgia, Glennville, Tift County

Seoul, South Korea CNN —South Korea showcased an arsenal of advanced weaponry in a military parade on Tuesday, rolling tanks and missiles down the streets of its rain-soaked capital during the first event of its kind in a decade. South Korean troops marched during the military parade in Seoul, South Korea, on September 26, 2023. Soldiers in vehicles waved to the crowd as they passed by; several carriers had the South Korean flag affixed to the exterior. Yoon has previously stated his goal to make South Korea one of the world’s top four arms exporters, after the US, Russia and France. South Korean weaponry and vehicles were on display during a parade in Seoul on September 26, 2023.

Persons: Yoon Suk Yeol, Kim Hong, ” Yoon, –, Peter Layton, Kim Keon Hee, ”, Yoon, it’s, Layton, Chung Sung, Joe Biden, Biden, Fumio Kishida, David Organizations: South Korea CNN, 75th Armed Forces, Seoul Air Base, Reuters, South, Ministry of National Defense, Korean, Griffith Asia, Griffith University, Export, Import Bank of Korea, Japanese Locations: Seoul, South Korea, Korea, United States, Japan, Pyongyang, North Korea, Washington, China, Russia, France, Maryland

Fundraising and deal-making have dropped sharply at European private debt funds, new data shows. Faisal Ramzan, a partner at law firm Proskauer Rose who advises private credit funds, said he was not seeing default. "There's plenty of dry powder," said Fidelity International's head of private credit strategies Michael Curtis, referring to capital raised already. Joanna Layton, managing director of European private credit at Alcentra, one of Europe's largest private debt managers, added there was "no rush" to deploy capital. High rates have also made private credit less appealing to institutional investors, analysts said.

Persons: Henry Nicholls, Francesco Sandrini, BoE, Andrew Cruickshank, Cruickshank, Pictet, Patrick Marshall, Faisal Ramzan, Proskauer Rose, Michael Curtis, Joanna Layton, Mark Brenke, Ardian, Chris Sier, Sier, Dhara Ranasinghe, Catherine Evans Organizations: City, REUTERS, Reuters Graphics Reuters, The Bank of, European Central Bank, Graphics, Deloitte, Fitch, Federated Hermes, Fidelity International, ClearGlass, Thomson Locations: London's, London, Britain, The Bank of England

☆ Fact Check-Revived Titanic-Olympic ‘switch’ conspiracy sunk by ships’ differences
▼ + stars: | 2023-07-14 | by ( Reuters Fact Check | ) www.reuters.com time to read: +7 min

In particular, design differences between the Titanic and Olympic, visible in photographs of the two ships, are consistent with the wreckage of Titanic being, in fact, Titanic, and making the switch theory implausible. Another of the ships, Olympic, was put into service the year before, on June 14, 1911, and retired in 1935, with many of its fixtures and fittings auctioned off before it was scrapped. Magellan and its collaborator Atlantic Productions released sample images and animations of the Titanic wreck site scans to media outlets in May 2023, which can be viewed (here), (here). Olympic’s hull number was 400, and Titanic’s was 401. “Meanwhile,” Layton said, “the Titanic’s correct hull number, 401, has been observed at the wreck site and on items recovered from the wreck.

Persons: Robert John Welch, J, Kent Layton, ” Layton, Olympic’s, Layton, Titanic’s, Tim Maltin, Read Organizations: Titanic, Facebook, National Museums Northern, White Star Lines, Olympic, Belfast shipyard, Library of Congress, Bain News Service, Getty, Magellan Ltd, Atlantic Productions, HULL, Reuters Locations: Atlantic, Belfast , Northern Ireland, National Museums Northern Ireland, Southampton, England, New York, Titanic

☆ Toronto elects Olivia Chow as first Chinese-Canadian mayor
▼ + stars: | 2023-06-27 | by ( Sam Jabri-Pickett | ) www.reuters.com time to read: +2 min

TORONTO, June 26 (Reuters) - Olivia Chow became the first Chinese-Canadian to be elected as mayor of Toronto, Canada's biggest city, on Monday, pledging to support renters, champion social causes, and reduce the sweeping powers of her office. Chow secured 37.2% vote, according to preliminary results, ahead of her nearest rival Ana Bailao, former deputy mayor. Chow, 66, will be the first woman to serve as mayor since Barbara Hall in 1997. Chow takes over as mayor after the resignation of John Tory, conservative-leaning mayor who won his third election last October. Tory had endorsed his former deputy Bailao, while Ontario Premier Doug Ford had endorsed former Toronto Chief of Police Mark Saunders.

Persons: Olivia Chow, Chow, Ana Bailao, Jack Layton, Barbara Hall, John Tory, Tory, Bailao, Doug Ford, Police Mark Saunders, Ford, Sam Jabri, Rosalba O'Brien, Michael Perry Organizations: TORONTO, New Democratic Party, University of Guelph, Tory, Ontario, Toronto, Police, Thomson Locations: Toronto, Canada's, Ottawa, Hong Kong, Canada

☆ 5 wild conspiracy theories surrounding the sinking of the Titanic
▼ + stars: | 2023-06-21 | by ( Áine Cain | Will Gendron | ) www.businessinsider.com time to read: +2 min

JP Morgan was behind the whole thingA portrait of JP Morgan circa 1900. Photo by Museum of the City of New York/Getty ImagesThis rumor has everything you could want in a conspiracy theory. The Federal Reserve Bank. There's a theory out there that JP Morgan sank the Titanic in order to pave the way for the establishment of the Federal Reserve Bank in the US. Morgan was reportedly supposed to be on the ship, but decided to skip the maiden voyage at the last second.

Persons: Morgan, JP Morgan, John Jacob Astor, Benjamin Guggenheim, Macy's, Isidor Straus, Astor, We've, Straus, Ida, Layton, Morgan could've Organizations: Museum of, Federal Reserve Bank, Titanic, White Star, Pittsburgh Post, Gazette, US Federal Locations: City of New York, Europe

☆ NATO 'Air Defender 2023': Hundreds of warplanes fly over Germany in alliance's largest-ever aerial drills
▼ + stars: | 2023-06-14 | by ( Brad Lendon | ) edition.cnn.com time to read: +7 min

An F-16 fighter airplane takes off from the Schleswig-Jagel Air Base in Jagel, Germany, on June 12 during the Air Defender 2023 exercise. “Air Defender is necessary because we live in a more dangerous world. Two US Air Force A10 fighter jets taxi onto the runway ahead of Air Defender 2023. Peter Layton, a fellow at the Griffith Asia Institute and former Royal Australian Air Force officer, said Air Defender 2023 should give Russian military planners a lot to think about. Similar planes are taking part in Air Defender 2023.

Persons: Vladimir Putin, Oleksandr Vilkul, Andriy Dubchak, Gregor Fischer, Oana Lungescu, “, Putin, Amy Gutmann, Ingo Gerhartz, CNN’s Nic Robertson, Formidable ‘ hodge, Karl, Josef Hildenbrand, ”, Brynn Tannehill, it’s, Adam Casey, Tannehill, Peter Layton, Harald Tittel, ” Layton, ” Tannehill Organizations: CNN, NATO, Air, Russian, Russia, Operational Command, Alliance, Atlantic Treaty Organization, Jagel, Base, AP NATO, “, ” United, Russia –, Latvia –, German Tornadoes, US Air Force, RAND Corp, US Navy, Aviators, Griffith Asia Institute, Royal Australian Air Force, US, Air National Guard, National Guard, Air Force Locations: Germany, German, Moscow, Ukrainian, Kryvyi, Black, Odesa, Kryvyi Rih, Ukraine, Russia, Soviet Union, Schleswig, Jagel, ” United States, Russia – Norway, Finland, Estonia, Latvia, Lithuania, Belgium, Bulgaria, Croatia, Czech Republic, Denmark, France, Greece, Hungary, Italy, Netherlands, Poland, Romania, Slovenia, Spain, Sweden, Turkey, United Kingdom, United States, Japan, US, Finnish, Spangdahlem, NATO

☆ Georgia slot machine company enters bankruptcy to cut $500 million debt
▼ + stars: | 2023-06-09 | by ( Dietrich Knauth | ) www.reuters.com time to read: +3 min

Georgia law places strict limits on slot machines, prohibiting cash winnings, and preventing locations like gas stations and convenience stores from having more than nine slot machines or deriving more than 50% of their revenue from slot machines, according to the company. Headquartered in Norcross, Georgia, Lucky Bucks operates in 345 locations throughout Georgia with approximately 2,300 slot machines. Before filing for bankruptcy, Lucky Bucks had lobbied for a Georgia law that would have protected slot machine operators from “predatory” competition. The proposed bill, which was not passed by Georgia’s legislature, would have prevented a new slot machine from being installed in the nine months following the removal of a different company's slot machine. The case is Lucky Bucks Inc, U.S. Bankruptcy Court for the District of Delaware, No.

Persons: Bucks, Georgia Lucky, Lucky Bucks, James Boyden, Lucky, Dennis Dunne, Tyson Lomazow, Russell Silberglied, Richards, Layton, Dietrich Knauth Organizations: Company, Georgia Lucky Bucks, YORK, Lucky, Bucks, Lucky Bucks, Trive, Seven Aces, Lucky Bucks Inc, Bankruptcy, District of, Milbank LLP, Diebold, Atlantic City, Thomson, & $ Locations: Georgia, Wilmington , Delaware, Norcross , Georgia, Georgia’s, District of Delaware

☆ F-16s for Ukraine: Kyiv would face big hurdles in using US-made jets
▼ + stars: | 2023-05-22 | by ( Brad Lendon | ) edition.cnn.com time to read: +9 min

CNN —Ukraine’s quest for US-made F-16 fighter jets received a big boost over the weekend when US President Joe Biden gave his backing for Kyiv’s pilots to be trained to fly them. In fact, one active duty F-16 pilot told CNN that expectations may be way too high. An F-16 Fighting Falcon fighter aircraft has its landing gear extended to land at the US military airfield at Spangdahlem, Germany. This is a multi-year process, and that’s just for the basic tactical unit of employment,” the F-16 pilot said. “To bring in Western aircraft, Ukraine might need to repave and potentially extend a number of runways, a process which Russia would likely detect.

☆ I spent 30 days testing the advice of famous influencers on how to grow my social media presence. These 4 tips worked the best and I saw immediate results.
▼ + stars: | 2023-05-08 | by ( Jen Glantz | ) www.businessinsider.com time to read: +9 min

One of my biggest goals in 2022 was to finally start monetizing social media. After reaching 89,000 followers across three different social media channels last year, I decided to reach out to brands to start doing paid partnerships. While the majority of my TikTok videos in the past have been silly ones based on popular and trending sounds, I started following this advice. Mass-produce your content in batchesAs a solopreneur who runs a business in the wedding space and freelances on the side, social media isn't my full-time job. "Growing and maintaining a social media account takes dedication, patience, and discipline," Hui said.

☆ A 13-year-old boy was groomed publicly on Twitter and kidnapped, despite numerous chances to stop it
▼ + stars: | 2023-04-25 | by ( Ben Goggin | ) www.cnbc.com time to read: +19 min

On the Hunter Fox Twitter account, the adult interacted directly with the boy's account, where he posted selfies of himself on a school bus and in other locations. Their teen son had plenty of friends, his parents said, and liked to play golf and build Legos. Heather McConney's teen son communicated with the man accused of grooming him through an Apple iPhone. The suspect's primary Twitter account appears to have been @HunterFloofyFox. After the worst day of their lives, the McConneys' son was recovered early on the morning of Dec. 28 in Nebraska.

☆ Belgorod: Bomb found in Russian city accidentally struck by own air force
▼ + stars: | 2023-04-22 | by ( Darya Tarasova | ) edition.cnn.com time to read: +1 min

CNN —More than 3,000 people were evacuated on Saturday from residential buildings in the Russian city of Belgorod after a bomb was found close to the area accidentally bombed by Russia’s air force earlier this week, Russian state media reported. Explosives specialists assessed the device and said there was no danger of explosion, according to TASS. Late on Thursday, a Russian warplane dropped a bomb on Belgorod – a city of more than 400,000 people close to the border with Ukraine – leaving a large crater, blowing a car onto a roof and damaging nearby buildings. The Belgorod region has been the scene of several explosions and bombings since Russia’s invasion of neighboring Ukraine in February 2022. The city was one of Russian troops’ staging areas in the run up to the invasion.

☆ China might have sent a spy balloon over the US as a power play to prove it can do what it wants, experts say
▼ + stars: | 2023-02-03 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +6 min

A Chinese spy balloon was detected over the US, the Department of Defense said. Experts say spy balloons can do things satellites can't, and China may have wanted to get caught. The balloon, the Pentagon said, was "most certainly" sent by China to spy on the US. What is the Chinese spy balloon? A spy balloon is a balloon with any kind of surveillance equipment is attached.

☆ Inside the cold war between Amazon and unions, which are wielding drones and secret agents to expose the company's labor practices
▼ + stars: | 2022-10-15 | by ( Katherine Long | ) www.businessinsider.com time to read: +11 min

Unions infiltrated Amazon construction sites in Oregon and Washington seeking regulatory violations. On a frosty morning in February 2021, Tom Tanner walked into an under-construction Amazon warehouse in eastern Washington seeking work. Campaigns to organize Amazon warehouse workers have grabbed national headlines. Amazon workers at the LDJ5 Amazon Sort Center join a rally in support of the union on April 24 in Staten Island, New York. Wendell Jeffson in a boom lift at the Amazon warehouse in Shelby, Michigan, when he was 17.

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