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☆ Fact Check-Video shows illegal dirt bikes bulldozed in New York in June 2022, not motorcycles destroyed by Nigeria’s Tinubu in Lagos
  + stars: | 2023-02-07 | by ( Reuters Fact Check | ) www.reuters.com   time to read: +1 min
A video showing illegal dirt bikes crushed under a bulldozer in New York in June 2022 has been shared by social media users who have falsely claimed it shows an incident carried out in Lagos under the orders of Nigerian presidential candidate Bola Tinubu. “This is how Tinubu and his boys destroyed motorcycles owned by northerners in Lagos, time for payback is here. On June 21, 2022, the New York Police Department bulldozed illegal dirt bikes it had confiscated in New York City. The New York City Council enacted a bill in 2017 which “prohibits the operation of all-terrain vehicles [ATVs], including dirt bikes in New York City, unless given consent by the property owner” (here). Footage shows illegal dirt bikes destroyed in New York, not Lagos, Nigeria.
☆ Kim Jong Un abruptly reappears after 36 days out of the spotlight and orders North Korea to 'prepare for war'
  + stars: | 2023-02-07 | by ( Sophia Ankel | ) www.businessinsider.com   time to read: +2 min
Kim Jong Un had not been seen in public for 36 days, fueling speculation about his health. But North Korea's leader attended a meeting with military officials on Monday, reports said. He was discussing war strategies as tensions rise around the Korean peninsula, the reports said. Kim's Jong Un's longest-ever break from the spotlight was in 2014, when he was not seen for 40 days. Tensions have been rising around the Korean Peninsula after Pyongyang condemned planned joint military drills between its rival, South Korea, and the US in the area.
☆ North Korea calls for strengthened war readiness posture, expanded drills
  + stars: | 2023-02-06 | by ( Soo-Hyang Choi | ) www.reuters.com   time to read: +2 min
The meeting comes as North Korea is widely expected to stage a military parade to mark the founding anniversary of its armed forces on Wednesday. Commercial satellite imagery has shown North Korean troops practicing in formation in Pyongyang, and South Korea has also said it was monitoring increased related activities. The military meeting also follows North Korea on Thursday condemning drills by the United States and its allies, saying they have reached an "extreme red-line" and threaten to turn the peninsula into a "huge war arsenal and a more critical war zone." In Thursday's statement, the North Korean foreign ministry condemned a visit to South Korea by U.S. Defense Secretary Lloyd Austin and said Pyongyang was not interested in dialogue as long as Washington pursues hostile policies. When asked about the tensions with North Korea during a stop in the Philippines, Austin said that the U.S. goal was to promote greater security and stability and that it remained committed to defending South Korea.
☆ How to snag discounts through Beni, an online shopping tool that hunts for resale deals on Poshmark, eBay, and The RealReal
  + stars: | 2023-02-06 | by ( Danni Santana | ) www.businessinsider.com   time to read: +5 min
Beni, a browser extension, helps shoppers curate resale listings while browsing retail sites online. BeniShoppers are required to download the Beni extension on Google Chrome or Safari. Then, they must enable the extension while shopping online to view resale listings. "So let's say you find a Patagonia jacket that you really love, we'd show you 20 jackets often that are exactly the same from places like eBay or The RealReal," Pinner said. In return for real-time listings data, Beni markets new resale items to customers as they shop outside of their platforms.
☆ U.S. blocks vessels from area near balloon shoot down
  + stars: | 2023-02-06 | by ( David Shepardson | ) www.reuters.com   time to read: +1 min
WASHINGTON, Feb 6 (Reuters) - The U.S. Coast Guard said Monday it is imposing a temporary security zone in the waters off Surfside Beach, South Carolina in the area where the U.S. military on Saturday shot down a suspected Chinese spy balloon. The 10 nautical mile area security zone blocks vessels from entering without permission of the Coast Guard and is intended to protect the public "from potential hazards associated with physical objects." The Navy has divers and unmanned vessels to retrieve the remnants of the balloon. "Recovery options will seek to recover all debris and any material of intelligence value," a senior defense official told reporters. We planned for much deeper water," the military official said.
☆ A Texas 'Dreamer' found out during an immigration meeting that his dad wasn't his biological father. Now he could be trapped in Mexico for a decade.
  + stars: | 2023-02-05 | by ( Erin Snodgrass | ) www.businessinsider.com   time to read: +13 min
A DACA recipient is stuck in Mexico after traveling to Juárez for an immigration interview in August. For weeks leading up to the immigration interview in Juárez, he was plagued with premonitions of irrevocable consequences. It took more than two years, but in the summer of 2022, Avalos finally received word that his preliminary immigration interview in Juárez was set for August. "He found out a lot of truths at that interview," Martinez said. He sometimes speaks with his mother on the phone, though not about the revelations he learned during his immigration interview.
☆ One peacekeeper killed in Congo after U.N. chopper comes under fire
  + stars: | 2023-02-05 | by ( ) www.reuters.com   time to read: +1 min
GOMA, Democratic Republic of Congo Feb 5 (Reuters) - One U.N. peacekeeper from South Africa was killed in eastern Democratic Republic of Congo on Sunday when a helicopter operated by the peacekeeping force came under fire while in mid-air, the U.N. mission in Congo and South Africa's military said. The helicopter came under fire after taking off from the city of Beni in the early afternoon. The U.N. peacekeeping mission of around 18,200 personnel has been deployed in eastern Congo since taking over from a previous U.N. operation in 2010. Eight peacekeepers were killed last year when their helicopter crashed in a part of North Kivu province, where the Congolese army was fighting a rebel group known as the M23. Reporting by Fiston Mahamba, Erikas Mwisi Kambale, Sonia Rolley Editing by Alessandra Prentice and Lisa ShumakerOur Standards: The Thomson Reuters Trust Principles.
☆ BoE's Pill says important not to raise interest rates too high
  + stars: | 2023-02-03 | by ( ) www.reuters.com   time to read: +1 min
LONDON, Feb 3 (Reuters) - Bank of England Chief Economist Huw Pill said on Friday it was important not to raise borrowing costs too high, a day after the British central bank signalled it was close to pausing a run of interest rate hikes which began in December 2021. "We have to recognise that we have done a lot with monetary policy already," Pill told Times Radio. On Thursday, the BoE raised interest rates to 4%, their highest since 2008, but it dropped language it previously used about its readiness to act "forcefully" if needed to contain inflation pressures. "Interest rates have risen by almost 400 basis points over ... little more than a year and, given the lags in the transmission of monetary policy, there's quite a lot of the effects of those raises in interest rates still to come through," Pill said. While the MPC was determined to "see the job through," Pill also said: "It's also important that we enguard against the possibility of doing too much."
☆ Google is making a change to its earnings report next quarter that shows just how important AI has become
  + stars: | 2023-02-02 | by ( Thomas Maxwell | ) www.businessinsider.com   time to read: +2 min
Alphabet said in its Q4 earnings press release that it will begin disclosing investments in AI. The move signals the increasing importance of AI to the search giant. "As AI is critical to delivering our mission of bringing our breakthrough innovations into the real world, beginning in January 2023, we will update our segment reporting relating to certain of Alphabet's AI activities," the press release states. It will also incorporate the technology into its Azure cloud offerings so developers can take advantage of the AI technology. Alphabet revealed Google Cloud and YouTube's financial performance for the first time in 2020, for instance.
☆ Bank of England chief tempers talk of a pause or pivot in rate hikes
  + stars: | 2023-02-02 | by ( Karen Gilchrist | ) www.cnbc.com   time to read: +1 min
Governor of the Bank of England Andrew Bailey has talked down expectations that the central bank is readying to pause or pivot rate hikes. LONDON — The Bank of England on Thursday talked down expectations that it is readying to pause or pivot rate hikes, noting that there is still some way to go in its efforts to tame inflation. Governor Andrew Bailey told CNBC that the omission of the word "forcefully" from its forward guidance at Thursday's Monetary Policy Committee meeting was not a sign that "we're done" despite seeing an encouraging downward trend in price growth. The Bank on Thursday voted 7-2 in favor of a second consecutive half-point rate hike, increasing the main Bank rate to a 14-year high of 4%. Sterling fell against the dollar and gilt yields tumbled in afternoon trade on speculation that the Bank may be nearing the end of its hiking cycle.
☆ BOE's Bailey: 'I'm not saying that this is it, we're done, because the world is too uncertain'
  + stars: | 2023-02-02 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBOE's Bailey: 'I'm not saying that this is it, we're done, because the world is too uncertain'Governor Andrew Bailey told CNBC that the omission of the word "forcefully" from its forward guidance at Thursday's Monetary Policy Committee meeting was not a sign that "we're done" despite seeing an encouraging downward trend in price growth.
☆ The criminal case against Sam Bankman-Fried and Caroline Ellison could put jilted FTX customers in the backseat
  + stars: | 2023-02-02 | by ( Sindhu Sundar | Jacob Shamsian | ) www.businessinsider.com   time to read: +8 min
The parallel criminal case against SBF, Caroline Ellison, and Gary Wang may be to blame. But they told a Delaware bankruptcy court recently that they hit a roadblock, accusing Sam Bankman-Fried and those close to him of not playing ball with them. The criminal case takes priorityEllison and Wang separately reached plea deals with federal prosecutors in Manhattan, copping to charges including wire fraud and conspiracy. But, experts told Insider, the deals require them to focus on working with prosecutors in the criminal case — even if it could be at the expense of other parties. But when both criminal and civil proceedings are ongoing, it's the criminal case that goes first in line, Snyder said.
☆ Watch CNBC's full interview with Bank of England Governor Andrew Bailey
  + stars: | 2023-02-02 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Bank of England Governor Andrew BaileyGovernor Andrew Bailey told CNBC that the omission of the word "forcefully" from its forward guidance at Thursday's Monetary Policy Committee meeting was not a sign that "we're done" despite seeing an encouraging downward trend in price growth.
☆ Airbus and Qatar settle A350 jetliner row
  + stars: | 2023-02-01 | by ( ) www.reuters.com   time to read: +1 min
PARIS, Feb 1 (Reuters) - Airbus (AIR.PA) and Qatar Airways have settled a dispute over surface damage on grounded A350 jets, the companies said on Wednesday, averting a potentially damaging UK court trial. The "amicable settlement" ends a $2 billion row over the safety of Europe's premier long-haul jet - an unprecedented public rift that had led Airbus to revoke dozens of other jet orders from Qatar ahead of a scheduled June court trial. The announcement comes after Reuters reported that a deal could be reached as early as Wednesday. Airbus has acknowledged quality flaws but insisted that the jets are safe. Reporting by Tim Hepher Editing by David GoodmanOur Standards: The Thomson Reuters Trust Principles.
☆ Airbus and Qatar Airways settle A350 dispute
  + stars: | 2023-02-01 | by ( ) www.reuters.com   time to read: 1 min
PARIS, Feb 1 (Reuters) - Airbus (AIR.PA) and Qatar Airways have settled a dispute over the degraded surface of grounded A350 jets, Airbus said on Wednesday, averting a potentially damaging UK court trial. The "amicable settlement" ends a bitter dispute over the safety of corrosion left exposed by cracked paint, which had led Airbus to revoke dozens of jet orders from the Gulf airline. Airbus said the deal was not an admission of liability by either party, both of whom would move forward as partners. Reuters reported earlier that a deal could be reached on Wednesday. Reporting by Tim Hepher Editing by David GoodmanOur Standards: The Thomson Reuters Trust Principles.
☆ Stormy Daniels thanks Trump for accidentally appearing to admit that an affair with her 'happened a long time ago'
  + stars: | 2023-02-01 | by ( Cheryl Teh | ) www.businessinsider.com   time to read: +3 min
Stormy Daniels tweeted a rebuttal to Trump on Tuesday. Trump wrote on Truth Social that the "'Stormy' nonsense" was "VERY OLD & happened a long time ago." Daniels' tweet included a screenshot of Trump's Truth Social post from Tuesday, where he appeared to let slip that an affair with Daniels had happened in the past. Additionally, Donald is so angry he can't even get his spelling correct," Cohen tweeted on Tuesday. Cohen, Daniels, and representatives for Trump did not immediately respond to Insider's requests for comment sent outside regular business hours.
☆ IMF slashes UK growth outlook, adding pressure on finance minister Hunt
  + stars: | 2023-01-31 | by ( ) www.reuters.com   time to read: +3 min
REUTERS/Henry NichollsLONDON, Jan 31 (Reuters) - Britain is the only Group of Seven nation to have suffered a cut to its 2023 economic growth outlook in International Monetary Fund forecasts published on Tuesday, adding to pressure on finance minister Jeremy Hunt to come up with a growth plan. Britain's flagging economy now looks set to shrink by 0.6% this year, a sharp downgrade from previously expected growth of 0.3% in the IMF's last forecast in October. All other G7 economies are predicted to grow this year, mostly at a stronger pace than the IMF forecast three months ago. Responding to the IMF report, Hunt said nearly all advanced economies were facing headwinds, and that past forecasts from a range of bodies including the IMF had proven too gloomy about Britain's prospects. Hunt is due to announce measures that he hopes will speed up growth in a budget statement on March 15.
☆ Exclusive: EU industry chief Breton to hold video call with Twitter's Musk - EU official
  + stars: | 2023-01-31 | by ( ) www.reuters.com   time to read: 1 min
BRUSSELS, Jan 31 (Reuters) - EU industry chief Thierry Breton will hold a video call with Twitter owner Elon Musk on Tuesday to discuss two key EU tech initiatives, a European Commission official said on Tuesday. "The call is to discuss Twitter's implementation of the Digital Services Act and its implementation of the Code of Practice on disinformation," the official said. Reporting by Foo Yun Chee; editing by Philip BlenkinsopOur Standards: The Thomson Reuters Trust Principles.
☆ Texas oil regulator advises pipeline operators to prepare for severe winter conditions
  + stars: | 2023-01-30 | by ( ) www.reuters.com   time to read: +1 min
Jan 29 (Reuters) - The Texas oil regulator on Sunday advised oil and gas pipeline operators to secure equipment and facilities after forecasts for severe weather over the next several days. The Railroad Commission of Texas (RRC), which oversees the state's oil and gas industries, issued the notice after the National Weather Service forecast wintry precipitation and ice accumulations across several parts of the state. The oil regulator advised the operators to secure all personnel, equipment and facilities to prevent injury or damage, and monitor and prepare operations for potential impacts. It also asked the operators to "heed" all watches, warnings and orders issued by local emergency officials and monitor weather reports. Some sleet will be possible," the National Weather Service said in a forecast for portions of north central, northeast and south central Texas.
☆ A decade of quiet preparations helped Ukraine turn the tables on Russia's bigger, better-armed military, experts say
  + stars: | 2023-01-29 | by ( Constantine Atlamazoglou | ) www.businessinsider.com   time to read: +10 min
Following Russia's 2014 attack, Ukraine's military set out to improve and modernize its forces. In the years that followed, Ukraine's military underwent a period of preparation that helped it blunt the full-scale invasion that Russia launched in February 2022. Training for artillery troops was also intensified. However, Russia's tanks still outnumbered Ukraine's nearly four to one when the invasion started. Prior to 2022, Ukraine's military had struggled to retain troops, but high turnover during those years meant Ukraine had a large pool of civilians with military training.
☆ Abuses Proliferate in Police Squads Like Memphis's Scorpion Unit
  + stars: | 2023-01-28 | by ( Katherine Long | Jack Newsham | ) www.businessinsider.com   time to read: +27 min
Street Crime Unit. Jon Naso/NY Daily News Archive via Getty ImagesMemphis police chief Davis also has prior experience with special street crime units. Street crime squads are popular among politicians who say only aggressive policing will reduce violent crime. In the late 1990s, the Street Crime Unit tripled in size, amid a panic over a rising number of homicides. In a city grappling with violent crime, authorities touted the Street Crime Unit as a bright spot.
☆ Seven EU countries oppose new EU funding as response to U.S. subsidy plan - letter
  + stars: | 2023-01-27 | by ( Jan Strupczewski | ) www.reuters.com   time to read: +3 min
BRUSSELS, Jan 27 (Reuters) - Plans by the European Commission to create new European Union funding for the green industry are facing mounting opposition in the 27-nation bloc, as seven EU countries openly rejected the idea in a letter to the EU executive. The letter, seen by Reuters and dated Jan. 26, was signed by the Czech Republic, Denmark, Finland, Austria, Ireland, Estonia and Slovakia and addressed to the European Commission vice president responsible for trade, Valdis Dombrovskis. All 10 countries say the EU should be using funds already approved instead of seeking more money. But in their letter, the seven countries said the EU should first spend the money it had already agreed to raise through the 800 billion euro post-pandemic recovery and resilience fund (RRF) of grants and cheap loans. "We have to ensure that the economy can better absorb the already agreed EU funding," the seven countries wrote.
☆ When even top performers and diligent employees get laid off in a downturn, is it worth going above and beyond for your company?
  + stars: | 2023-01-27 | by ( Sawdah Bhaimiya | Rebecca Knight | ) www.businessinsider.com   time to read: +6 min
Recent mass layoffs at big tech companies show that even capable hard workers can lose their jobs. Amid mass layoffs, Cnop said that employees need to shift their perspective about work. Cnop said that this is "transactional," and that people should "work for a calling," with a purpose and mission beyond their company. She had been at the company for four years, and didn't regret the hard work because she was passionate about her role. The hard work paid off essentially because having the "respect" of senior leadership meant they supported her business ventures and connected her with big brands.
☆ George Santos' new treasurer says he doesn't work for him and that his name was signed without his consent
  + stars: | 2023-01-26 | by ( Joshua Zitser | ) www.businessinsider.com   time to read: +3 min
Fundraising committees associated with George Santos listed a new treasurer on Wednesday. But the man listed said he doesn't work for Santos, and his name was signed without his consent. A legal expert told ABC News that this could be against the law. But that treasurer, Thomas Datwyler, now says he doesn't work for Santos, informed the campaign that he didn't want to work for them, and was listed as serving in the position without his consent. "On Monday, we informed the Santos campaign that Mr. Datwyler would not be serving as treasurer," Datwyler's attorney Derek Ross told ABC News.
☆ Russia, South Africa and a 'redesigned global order': The Kremlin's hearts and minds machine is steaming ahead
  + stars: | 2023-01-26 | by ( Elliot Smith | ) www.cnbc.com   time to read: +9 min
Russian Foreign Minister Sergei Lavrov visited Pretoria as part of an African tour, his second since the invasion, which will also reportedly take him to Botswana, Angola and Eswatini. On Feb. 24 2022, shortly after the Ukraine invasion, South Africa urged Russia to immediately withdraw its forces from Ukraine. South Africa was one of 15 African nations to abstain from the subsequent U.N. vote in March to condemn Russia's war of aggression. watch nowShe emphasized the multilateral responsibilities of the BRICS (Brazil, Russia, India, China and South Africa) bloc of leading emerging economies in a changing global landscape. White House Press Secretary Karine Jean-Pierre said Monday that "the United States has concerns about any country … exercising with Russia as Russia wages a brutal war against Ukraine."
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