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☆ The US is sending 40 more boats to join Ukraine's growing 'river navy'
▼ + stars: | 2022-11-13 | by ( Peter Suciu | ) www.businessinsider.com time to read: +5 min

The US is sending Ukraine more riverine patrol boats in an aid package announced this month. The 40 boats in the latest package will join the 18 boats that the US supplied to Kyiv in June. The aid assistance package hasn't detailed the type of riverine boats that will be sent, but six from the previous batch were made by Louisiana-based Metal Shark. Those are now reportedly operating in the Black Sea. Ukraine defiantThe US supplied 10 34-foot Dauntless Sea Ark patrol boats, like those seen above, to Ukraine in June.

☆ Trump goes after DeSantis, saying he didn't have to 'close up' Florida, even though most conservatives praised the governor's COVID-19 response
▼ + stars: | 2022-11-11 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +3 min

Ron DeSantis's COVID-19 response had been held up as a model by many on the right. On Thursday, Trump raged against DeSantis and said he unnecessarily chose to "close up" Florida. Florida's COVID-19 response was relatively hands-off and schools and businesses were largely open. Ron DeSantis's COVID-19 response, which was widely praised and held up as a model by many on the right. Florida's COVID-19 response was highly controversial.

He'll hold his first face-to-face meeting with Chinese counterpart Xi Jinping at the G20, where he hopes to explore Xi's "red lines", talk to allies about punishing Russia for its Ukraine invasion and discuss containing North Korea after a barrage of missile tests. On Wednesday, Biden said U.S. aid for Ukraine will continue uninterrupted and any territorial compromise between the two countries is up to Ukraine. Putin will not attend the G20 summit in person but is due join one of the meetings virtually, an Indonesian government official said. They will address North Korea's "unlawful weapons of mass destruction and ballistic missile programs," the official said. Biden will "continue to urge the Egyptian government to release political prisoners and undertake human rights related legal reforms," said one of the officials.

☆ Crypto is in chaos as FTX files for bankruptcy
▼ + stars: | 2022-11-10 | by ( Allison Morrow | ) edition.cnn.com time to read: +7 min

By Friday morning, FTX said Bankman-Fried had resigned as CEO and that the firm was filing for bankruptcy. Failures are not uncommon in the murky, largely unregulated world of crypto, but FTX is not your average crypto startup. Namely, that the bulk of its assets are held in FTT, a digital token minted by Alameda’s sister firm, FTX. On Sunday, the CEO of Binance, FTX’s much larger rival, said his company was liquidating $580 million worth of FTX holdings. After a chaotic week, FTX filed for bankruptcy.

[1/4] Kateryna Tyshchenko reacts outside her prefabricated accommodation which was built next to her destroyed house in the village of Moshchun near Kyiv, Ukraine November 8, 2022. Regular power outages caused by Russian strikes on Ukraine's vital infrastructure mean they can only heat their tiny makeshift home sporadically. Authorities say 40% of Ukraine's energy infrastructure has been seriously damaged, forcing them to introduce rolling blackouts. "We didn't have power at all for a month and a half (when we returned to Moshchun). "My soul belongs here, it's my yard, and living here means I can work in my garden and yard," she said.

Washington Commanders owners announced Wednesday that they had hired Bank of America, in a major step toward a potential sale of the troubled NFL franchise. "Dan and Tanya Snyder and the Washington Commanders announced today that they have hired BofA Securities to consider potential transactions," according to a team statement. Snyder purchased the once-proud franchise ahead of the 1999 season, taking over a club that has won three Super Bowl titles. The team finally bowed to public pressure in 2020 and rebranded itself the Commanders last year. Off the field, the team has been accused by multiple former employees of fostering a toxic, misogynistic workplace.

☆ ‘The worst is behind us’: Hong Kong kicks off its finance summit with top global bankers
▼ + stars: | 2022-11-02 | by ( Michelle Toh | ) edition.cnn.com time to read: +2 min

Hong Kong CNN Business —Hong Kong leader John Lee sought to drum up confidence in the city’s future as a global financial hub on Wednesday, as he welcomed some of Wall Street’s top executives to its biggest international event in years. “We were, we are and we will remain one of the world’s leading financial centers,” Lee vowed. China’s latest five-year plan includes goals to reinforce the city’s role as an international trade, financial, shipping and aviation center, Lee said. “The worst is behind us.”Solomon, Gorman and Kelleher, who took to the stage for a panel shortly after Lee’s remarks, did not comment directly on the city’s reopening. Mainland China, however, still has a mandate in place for most inbound travelers to self-isolate for at least seven days, under its stringent “zero-Covid policy.”

☆ Northerners flocked to the South for cheap homes and abundant jobs. Now some are ready to pack up and leave.
▼ + stars: | 2022-11-01 | by ( Emily Cataneo | ) www.businessinsider.com time to read: +14 min

Hauser is originally from Wisconsin and moved to North Carolina seven years ago for work. And questions over abortion rights are fueling concerns about the future of access to birth control and gender-affirming care. The North Carolina Business Council, for one, declined to comment because this is "not an area of focus" for the group. Chuck Bryan is an IT professional who moved to North Carolina from Florida five years ago. He cited Kansas' referendum to preserve abortion rights as an example of what can happen when people use their voice in politics.

☆ Iranian Protesters Defy Military Calls to Stay Home
▼ + stars: | 2022-10-31 | by ( David S. Cloud | ) www.wsj.com time to read: 1 min

Demonstrations in Iran began as a defiant call for women’s rights and have transformed into an antigovernment movementIranian student protesters defied a call to halt demonstrations from one of the country’s top military commanders, facing down security forces at universities and on the streets in multiple cities on Monday. Maj. Gen. Hossein Salami , the commander of Iran’s Islamic Revolutionary Guard Corps, directed his warning to young protesters on Saturday, saying that they had been fooled by Iran’s foreign adversaries and that they were risking their future.

[1/3] Local residents queue for water after about 80 percent of the inhabitants of the Ukrainian capital were left without water supply according to the mayor, after a Russian missile attack, as Russia's invasion of Ukraine continues, in Kyiv, Ukraine October 31, 2022. Shmyhal said hundreds of settlements lost power across Ukraine, despite the air force saying its air defences had knocked out 44 of 50 the missiles fired by Russia. Long queues formed for water in some parts of Kyiv after Mayor Vitali Klitschko said 80% of residents were left without water and local authorities said 350,000 homes in the capital were without electricity. In Kyiv, residents queuing for water were defiant. It says it has been hitting military and energy facilities, but many residential buildings have been damaged.

Jerry Lee Lewis, the rock ’n’ roll trailblazer and piano virtuoso who electrified audiences with his raucous, free-wheeling performances but attracted scandal after he married his 13-year-old cousin, died Friday, his publicist said. Jerry Lee Lewis in 1957. He is a defiant, reckless, indefatigable wild man that can rock you into oblivion,” the Rock & Roll Hall of Fame said when he was inducted in 1986. Jerry Lee Lewis with Myra Gale Brown in 1962. Jerry Lee Lewis performs in 1986.

☆ TotalEnergies Books New $3.1 Billion Impairment on Russia Assets
▼ + stars: | 2022-10-27 | by ( Jenny Strasburg | ) www.wsj.com time to read: 1 min

TotalEnergies’ decision to retain business in Russia has come at a cost, but the company has been among the biggest beneficiaries of higher energy prices. French oil giant TotalEnergies SE has booked a new $3.1 billion accounting charge linked to its Russian assets, taking its total Russia-related impairments to nearly $11 billion this year, among the highest out of Western companies. The Paris-based company was originally defiant about maintaining business ties in Russia, in contrast with rivals including BP PLC , Shell PLC and Exxon Mobil Corp., which quickly plotted their exits following Moscow’s February invasion of Ukraine.

☆ Singapore's mortgage costs are rising — but some buyers are shrugging off higher rates
▼ + stars: | 2022-10-27 | by ( Abigail Ng | ) www.cnbc.com time to read: +6 min

The rising cost of borrowing is unlikely to have a major impact on Singapore's property market, analysts told CNBC. Ore Huiying | Bloomberg | Getty ImagesSINGAPORE — The rising cost of borrowing is unlikely to have a major impact on Singapore's property market, analysts told CNBC. Singapore's real estate market is backed by wealth, according to Christine Li, head of Asia-Pacific research at Knight Frank. Demand driversHowever, it doesn't mean the residential property market ignores rising rates and looming risks, said Alan Cheong, executive director of research and consultancy at Savills. "However, past trends indicate that our property market is highly resilient and usually rebounds within six months of a cooling measure," she said.

☆ Bono Is Still Trying to Figure Out U2 and Himself
▼ + stars: | 2022-10-24 | by ( David Marchese | ) www.nytimes.com time to read: +28 min

Mamadi Doumbouya for The New York Times Talk Bono Is Still Trying to Figure Out U2 and HimselfThere are different Bonos to different people, including the man himself. You say, “But you’re U2 — you don’t need that.” What’s interesting is that we want that. But I also wrote the book to try to figure out what was going on with U2. They sound like U2 songs. Do they sound like U2 songs?

☆ Comeback king: Boris Johnson considering a run for UK prime minister
▼ + stars: | 2022-10-21 | by ( Elizabeth Piper | ) www.reuters.com time to read: +5 min

British Prime Minister Boris Johnson speaks during his visit to EDF's Sizewell B Nuclear power station, in Sizewell, Britain September 1, 2022. Chris Radburn/Pool via REUTERSSummary Johnson taking soundings from lawmakersHad said he wanted a quieter lifeUnder investigation for lying to parliamentLONDON, Oct 21 (Reuters) - Out of power for a matter of months, comeback king Boris Johnson is once again being touted as the new leader of the governing Conservative Party and Britain's prime minister. For some Conservative lawmakers, Johnson is a vote winner, able to appeal across the country not only with his celebrity but also with his brand of energetic optimism. When Johnson left Downing Street, his aides said he was going to embrace a quieter life, no longer being "public property" and able to make more money by going on the speaker circuit. After his successor as prime minister, Liz Truss, quit on Thursday after just six weeks in power, the Ukrainian government Twitter account even published, and then deleted, a meme saying "Better call Boris".

☆ UK Prime Minister Truss says 'sorry' for mistakes, but 'I'm sticking around'
▼ + stars: | 2022-10-17 | by ( ) www.reuters.com time to read: +2 min

LONDON, Oct 17 (Reuters) - Britain's Prime Minister Liz Truss apologised for "mistakes" in her programme that caused investor confidence to evaporate and her poll ratings to plunge before nearly all of it was finally shredded on Monday, but said she would not step down. "I do want to accept responsibility and say sorry for the mistakes that have been made," Truss told the BBC. read moreAsked if she was now prime minister in name only, Truss said she had appointed Hunt because she knew she had to change direction. Truss and Kwarteng attempted to upend British fiscal policy by unveiling 45 billion pounds of unfunded tax cuts last month to snap the economy out of stagnation. "I'm sticking around because I was elected to deliver for this country," she said.

☆ British PM Liz Truss axes finance minister, tax cuts that sent pound crashing
▼ + stars: | 2022-10-14 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Patrick-Smith-Circle-Byline-Template.Jpg | Patrick Smith | ) www.nbcnews.com time to read: +5 min

LONDON — Embattled British Prime Minister Liz Truss fired her finance minister and abandoned a flagship policy Friday, in a bid to save her job after her economic plan stoked weeks of market panic. Earlier, Truss removed Finance Minister Kwasi Kwarteng just 38 days after the pair took power. Kwarteng becomes the second shortest-serving chancellor of the exchequer, as the British finance minister is known. Truss' personal office confirmed the next finance minister will be Jeremy Hunt, a former health secretary and minister under successive Conservative governments. Crucially, the bank’s bond-buying program is set to end Friday, meaning the government must convince markets its economic plan is sound to avoid further chaos.

☆ Donald Trump Says Jan. 6 Committee a Scam After Subpoena to Testify
▼ + stars: | 2022-10-14 | by ( Natalie Andrews | ) www.wsj.com time to read: 1 min

WASHINGTON—Former President Donald Trump remained defiant about his actions related to the Jan. 6, 2021, Capitol riot, a day after the committee investigating the attack issued a subpoena compelling him to testify. The House select committee voted Thursday to issue a subpoena to Mr. Trump for testimony and documents, marking a significant escalation of the panel’s probe, even as legal experts said it was unlikely that Mr. Trump would agree to cooperate and the former president gave no indication that he would.

☆ Trump Says Jan. 6 Committee a Scam After Subpoena to Testify
▼ + stars: | 2022-10-14 | by ( Natalie Andrews | ) www.wsj.com time to read: 1 min

WASHINGTON—Former President Donald Trump remained defiant about his actions related to the Jan. 6, 2021, Capitol riot, a day after the committee investigating the attack issued a subpoena compelling him to testify. The House select committee voted Thursday to issue a subpoena to Mr. Trump for testimony and documents, a move that marked a significant escalation of the panel’s probe, even as legal experts said it was unlikely that Mr. Trump would agree to cooperate and the former president gave no indication that he would.

The families claimed Jones profited off the lies while they were harassed and abused by those who believed him. This is the second trial related to his Sandy Hook conspiracy theories. In August, a Texas jury ordered Jones to pay nearly $50 million in damages to Scarlett Lewis and Neil Heslin, whose son Jesse was killed in the massacre. “Every single one of these families were drowning in grief, and Alex Jones put his foot right on top of them." A defiant Jones said he believed Sandy Hook was a hoax when he spread his lies.

☆ Gene-editing companies are growing thanks to fast-paced science, even as biotech faces a downturn
▼ + stars: | 2022-10-12 | by ( Andrew Dunn | ) www.businessinsider.com time to read: +8 min

CRISPR companies are faring better by producing faster and more dramatic clinical results. A layoff tracker from Fierce Biotech counts at least 90 drug companies that have laid off staff in 2022. Gene-editing biotechs have avoided the brunt of the downturn because of fast clinical successIntellia Therapeutics is developing CRISPR-based gene-editing medicines that could cure diseases. Just in the past month, CRISPR Therapeutics moved into a swanky new headquarters in Boston that can house up to 1,000 people. BeamTo be sure, 2022 hasn't been smooth sailing for the CRISPR companies.

☆ India inflation likely hit five month high in Sept on food prices: Reuters poll
▼ + stars: | 2022-10-11 | by ( Arsh Tushar Mogre | ) www.reuters.com time to read: +2 min

The Oct. 3-7 Reuters poll of 47 economists suggested inflation - as measured by the Consumer Price Index (INCPIY=ECI) - rose to an annual 7.30% in September from 7.00% the previous month. Some 91% of economists, 43 of 47, expected inflation to be 7.00% or higher, suggesting the bias was for prices to go up further. "There is a strong pressure from food that is playing out," said Dharmakirti Joshi, chief economist at Crisil. The Indian government has introduced measures to calm local prices, including some export restrictions on rice to temper inflation. But consumer prices have remained defiant and stayed above the RBI's upper tolerance limit this year.

☆ Taiwan’s Leader Tells Beijing Armed Conflict Is ‘Absolutely Not an Option’
▼ + stars: | 2022-10-10 | by ( Joyu Wang | ) www.wsj.com time to read: 1 min

TAIPEI—Taiwanese President Tsai Ing-wen portrayed Beijing’s saber-rattling as counterproductive in a defiant speech, saying her government was willing to work with China to reduce tensions but won’t compromise its commitment to freedom and democracy. Delivering a National Day address on Monday, Ms. Tsai vowed to enhance the island’s resilience against increasing pressure from China’s Communist Party, in part by deepening ties with democratic countries and bolstering its vital role in the global tech supply chain.

"This is terrorism and I do not understand why a terrorist country is not recognized as such," the 52-year-old history teacher said of the Russian missile strikes that slammed into the Ukrainian capital during Monday's morning rush hour. Russia charged Ukraine with responsibility, while a Ukrainian presidential aide blamed the incident on infighting between Russian security bodies. Two missiles landed in quick succession on the edges of Shevchenko Park in central Kyiv, one striking a busy intersection next to a major university. People began trickling back into Shevchenko Park around lunchtime, curiously examining the huge crater. Denys Mykhailovskyi, 38, was studiously clearing glass from the floor of his basement bar, near the Shevchenko Park playground where a missile landed.

☆ Ukrainians in Kyiv sang patriotic songs in the city's metro stations as they sheltered from Russia's barrage of missile attacks
▼ + stars: | 2022-10-10 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +2 min

Ukrainians sang patriotic songs as they sheltered together while Russia attacked the country with missile strikes Monday. Online videos showed children singing in a bomb shelter in Kyiv, as well as others singing in metro stations in the city. "Residents of Kyiv sing in a metro station during an air raid alert," the ministry said. As they sheltered in the underpass of the Nyvky metro station in Kyiv, locals also sang the patriotic Ukrainian song called "Oh, the Red Viburnum in the Meadow" video showed. Another clip posted to Twitter showed people singing the official anthem of Kyiv as they hunkered down inside a metro station in the Ukrainian capital.

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