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[1/3] A police officer patrols Mandvi beach after it was shut because of cyclone Biparjoy in the western state of Gujarat, India, June 14, 2023. Classified as a very severe cyclonic storm, Biparjoy was situated about 280 km (174 miles) from Jakhau Port in Gujarat and was expected to make landfall around Thursday evening. "As of now, our forecast is it will cross as a very severe cyclonic storm. Eight districts in coastal Gujarat are expected to be affected, the state government said. The evacuation operations will continue till today (Wednesday) evening, mainly in Kutch," said Kamal Dayani, a senior official in the Gujarat state government.

Persons: Francis Mascarenhas, Manorama Mohanty, Kamal Dayani, Sudipto Ganguly, Raju Gopalakrishnan Organizations: REUTERS, India Meteorological Department, IMD, Ships, Wednesday, Disaster Management Authority, Thomson Locations: Gujarat, India, Francis Mascarenhas AHMEDABAD, MUMBAI, Pakistan, Jakhau Port, Kutch, Saurashtra, Mandvi, Karachi, Jakhau, Pakistan's

[1/3] A man with a mobile phone takes a picture of rising waves before the arrival of the cyclonic storm Biparjoy over the Arabian Sea, in Karachi, Pakistan, June 14, 2023. The cyclone is likely to cross Saurashtra, Kutch, and neighboring Pakistan coasts on Thursday noon with winds of 125-135 kmph gusting to 150 kmph. "As of now, our forecast is it will cross as a very severe cyclonic storm. After crossing, its intensity will fall and become a cyclonic storm and depression." In neighbouring Pakistan 62,000 people were evacuated from high risk areas, according to the country's National Disaster Management Authority.

Persons: Akhtar Soomro, gusting, Sherry Rehman, Manorama Mohanty, Mrutyunjay Mohapatra, Mohapatra, Alok Kumar Pandey, Sumit Khanna, Rajendra Jadhav, Gibran Naiyyar Peshimam, Sudipto Ganguly, Raju Gopalakrishnan, Barbara Lewis Organizations: REUTERS, India Meteorological Department, IMD, Gujarat's, Disaster Management Authority, Ships, Rajendra, Thomson Locations: Karachi, Pakistan, Akhtar Soomro AHMEDABAD, MUMBAI, Jakhau Port, Indian, Gujarat, Pakistan's, Saurashtra, Kutch, Mandvi, Jakhau, India, Ahmedabad, Mumbai

☆ The moon's pull is so strong it may trigger earthquakes on Earth. Scientists are still baffled by its power.
▼ + stars: | 2023-06-10 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +6 min

A small handful of experts claim to have evidence that our satellite produces forces that can trigger earthquakes. The moon's effect on earthquakes was hiddenScientists have long pondered whether the moon's tides could be linked to earthquakes. And it seems that in some cases, the moon did help trigger earthquakes around the world. By digging into these datasets, a few studies have suggested a link between Earth tides and earthquakes. Rather, it is when the rock is on the very brink of collapse that the moon's small tug could push it past that final tipping point.

Persons: —, Vi Nguyen, Chris Scholtz, Scholtz, Juan, Scholz, C.H, Tan, Nat Commun, Davide Zaccagnino, Zaccagnino Organizations: Service, NASA, Columbia Climate School, Pictures, NOAA, US, Nature Communications, Sapienza University of Rome Locations: Fuca, Earthquakes

☆ See inside Wave House, the legendary Malibu beach home once owned by Rod Stewart that just listed for $49.5 million
▼ + stars: | 2023-06-07 | by ( Zoe Rosenberg | ) www.businessinsider.com time to read: +2 min

A house that juts out over Malibu's coveted beach hit the market for the first time in 36 years. Rod Stewart bought it in the 1970s and sold it to record executive Mo Ostin in 1987. The house was designed to look like a set of cresting waves by California architect Harry Gesner. The Coopers were friends with California architect Harry Gesner, and commissioned Gesner to design a house for their family that encapsulated their affinity for the outdoors. The estate of Mo Ostin, the home's most recent owner and onetime record executive who's known for signing Jimi Hendrix and The Kinks, listed the property in early June for $49.5 million.

Persons: Rod Stewart, Mo Ostin, Harry Gesner, —, Gerry Cooper, Gesner, Glenn Cooper's, Cooper, Lisa Germany, Jimi Hendrix Organizations: Service, Glenn, Coopers, Malibu Colony Locations: California, Malibu, Mo

CNN —Italy’s Prime Minister Giorgia Meloni visited areas of northern Italy hit by deadly flooding on Sunday, cutting short her visit to Japan for the G7 in response to the disaster. A resident speaks on his phone while walking a flooded street in the village of Carde, Cuneo, near Turin in northwestern Italy on Sunday. Andreas Solaro/AFP/Getty ImagesClean-up operations are in full swing, with video from the emergency services on Saturday showing the removal of mud from washed out roads after landslides. Andreas Solaro/AFP/Getty ImagesA flooded street in Conselice, near Ravenna. Andreas Solaro/AFP/Getty ImagesThe torrential rains come after months of drought that dried out the land – which meteorologists say has reduced its capacity to absorb water, worsening the floods.

☆ Analysis: Qatar takes diplomatic back seat as Saudi flexes political muscle
▼ + stars: | 2023-05-18 | by ( Andrew Mills | ) www.reuters.com time to read: +6 min

Qatar has been steadily mending ties with Saudi Arabia, Egypt, the United Arab Emirates and Bahrain. Qatar cast the Syrian National Coalition as a government-in-exile, handing them Syria's Arab League seat and opening the Doha mission in a villa nearby other embassies. Several Gulf states including Qatar, Saudi Arabia and the United Arab Emirates began backing rebel groups fighting to oust Assad from power. As Syria's anti-Assad movement lost ground, "Saudi Arabia and the UAE shifted their policy most dramatically but Qatar has not," Kamrava said. Qatar initially opposed efforts this spring by Saudi Arabia to galvanise support to readmit Syria to the Arab League following its 2011 suspension.

☆ Trump's candidate for Kentucky governor trounced DeSantis' last-minute endorsement, so Trump gloated 'Ron's magic is GONE!'
▼ + stars: | 2023-05-17 | by ( Katie Balevic | Brent D. Griffiths | ) www.businessinsider.com time to read: +3 min

Ron DeSantis' endorsement came in third. Kentucky Attorney General secured a comfortable win in the Republican primary on Tuesday, far outpacing a competitor endorsed by Florida Gov. "Congratulations to a 'star' in Kentucky, Daniel Cameron, who easily won the Republican Nomination for Governor. He had my Complete and Total Endorsement," Trump posted on Truth Social. Kentucky Attorney General Daniel Cameron speaks to supporters following his victory in the Republican primary in Louisville, Kentucky, on Tuesday, May 16, 2023.

The Emilia Romagna Grand Prix, scheduled for this weekend, has been canceled and the site evacuated. An aerial view of flooded houses in Cesena, where residents had to climb onto rooftops to escape high water levels. Water levels on northern Italy’s Lake Garda fell to record lows in February, with Venice experiencing unusually low tides. Formula 1 race canceledFormula 1 has announced the cancellation of this weekend’s Emilia Romagna Grand Prix because of heavy flooding in the region, citing safety concerns. The Emilia Romagna Grand Prix is the first event of the Formula 1 season in Europe and was scheduled to take place this weekend.

☆ What’s a President to Do When a Nation’s Capital Is Sinking? Move It.
▼ + stars: | 2023-05-16 | by ( Hannah Beech | ) www.nytimes.com time to read: +38 min

A new capital city for a place with such disparities and diversity presents both a challenge and a chance for reinvention. Moving the Seat of Power From Java to Borneo Detail area Malaysia Nusantara Borneo Java Sea Indonesia Jakarta Java Indian Ocean Detail area Malaysia Nusantara Borneo Java Sea Indonesia Jakarta Java Indian Ocean Indonesia’s new capital, Nusantara, will be about 800 miles from the current capital, Jakarta. It cannot be overnight, it’s not like Aladdin comes with his genie,” said Bambang Susantono, the head of the Nusantara Capital City Authority. We have to prove that this will be a self-propelling city.” — Bambang Susantono, head of the Nusantara Capital City AuthorityCritics of I.K.N. Indonesia’s capital city faces sinking land and rising seas.

☆ Wendy Sherman, US official who led diplomacy with China and Russia, to retire
▼ + stars: | 2023-05-12 | by ( ) www.reuters.com time to read: +1 min

WASHINGTON, May 12 (Reuters) - U.S. Deputy Secretary of State Wendy Sherman, the country's number two diplomat, said on Friday she will retire at the end of June after three decades in Washington's foreign policy establishment. Sherman is the first woman to serve in her current role, in which she has headed up the Biden administration's diplomacy with China and led unsuccessful talks with Russia to avert Moscow's February 2022 full-scale invasion of Ukraine. Secretary of State Antony Blinken credited Sherman with breaking barriers for women and working on "some of the toughest foreign policy challenges of our time." "Our nation is safer and more secure, and our partnerships more robust, due to her leadership," Blinken said in a statement. "(N)othing lent itself to straightforward answers," Sherman wrote in the note seen by Reuters.

☆ The US could 'screw up' Ukraine's counter offensive by exerting too much pressure on the country to deliver a decisive blow against Russia, former Army general says
▼ + stars: | 2023-05-11 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +5 min

But a former Army general told Insider that too much Western pressure could tank the attack. "I would reject the talk that Ukraine's only got one shot," said Ben Hodges, a retired Army general. But global expectations of a triumph could torpedo the offensive before it even begins, a former Army general told Insider. While the exact timing of Ukraine's much-anticipated counteroffensive is still unknown, military experts told Insider earlier this month that the assault could start as soon as the coming weeks. But framing this offensive as make-or-break for Ukraine sets a dangerous precedent, said Ben Hodges, a retired lieutenant general and former commander of US Army Europe.

☆ Petermann Glacier in Greenland is melting away with the tide, which could signal faster sea level rise, study finds
▼ + stars: | 2023-05-08 | by ( Brandon Miller | Cnn Meteorologist | ) edition.cnn.com time to read: +2 min

CNN —A major glacier in northwest Greenland is interacting with the ocean tides, scientists reported Monday, resulting in previously unaccounted-for melting and potentially faster sea level rise. This is an important finding: The traditional view among scientists was that the grounding line did not migrate with the tides – and this introduces another major source of melting that could be accelerating sea level rise. Between 2016 and 2022, warmer tidal cycles melted a 670-foot-tall hole in the underside of the glacier along the grounding line — big enough that two Statues of Liberty could be stacked on top of one another inside it. The study raises more concerns for the already worrisome prospect of sea level rise, which threatens coastlines around the world. Greenland’s melting ice is the single largest contributor to sea level rise, according to NASA, which has been accelerating in recent years.

☆ Ukraine's talking loudly about its coming counterpunch but holding key secrets tight because the stakes couldn't be higher. Here's what we know.
▼ + stars: | 2023-05-05 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +9 min

Insider spoke to military experts about the possible timing, location, and goals of the coming assault. Ahead of this specific offensive, Ukraine was also likely waiting for the ground to dry after a cold and muddy winter. But there's more than just military strategy to consider — politics plays a key role as well, military experts said. Military experts and analysts are betting the bulk of the offensive will be focused in Ukraine's southeast, particularly in the Zaporizhzhia region. The single most important aim for Ukraine's next push is taking back its territory, the military experts said.

Net profit attributable to shareholders was 1.158 billion euros ($1.28 billion). That compared with profit of 1.060 billion euros a year earlier, and was better than analysts' expectations for a profit drop to around 977 million euros. "We have worked hard to achieve this stability," Deutsche Bank Chief Executive Officer Christian Sewing told employees in a memo. Revenue at the investment bank unit fell 19% to 2.7 billion euros in the first quarter from a year earlier. The investment bank's revenue decrease was countered by gains at the corporate bank and retail bank, which saw 35% and 10% increases.

☆ A filmmaker risked sniper fire to capture the Ukraine war for a powerful documentary, and the new trailer just dropped
▼ + stars: | 2023-04-20 | by ( Jake Epstein | ) www.businessinsider.com time to read: +6 min

Russia's unprovoked war in Ukraine has been ongoing for nearly 14 months. Levy, 74, filmed on battlefields across the country — from Kharkiv in the northeast, Kherson in the south, and the capital city Kyiv. Insider also interviewed Levy this week to discuss his experience while reporting in Ukraine, what he observed on the ground, and his overall thoughts on the war. Courtesy photoQ: Ukraine has sustained huge casualties in defending itself, as you document. Courtesy photoQ: Are you concerned that support for Ukraine is becoming increasingly unfashionable in France and the West more generally?

☆ Our family is living on a four-bedroom boat while cruising the eastern seaboard for a year. It's not like the 'fabulous lifestyles of the rich and famous' that might come to mind.
▼ + stars: | 2023-04-16 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +8 min

Cinda: We're doing what's called the Great American Loop, which is a way to circumnavigate around the eastern seaboard of the US and Canada. A 6,000-mile journey around the eastern seaboardCinda: We started in Stuart, Florida, which is just north of the Palm Beach area. When you think of living on a boat, most people think fabulous lifestyles of the rich and famous. Mark: Some people go all in and sell everything and buy the boat, and the boat is their home residence. We bought our boat specifically to do the loop and we'll sell it when we're done with the loop.

☆ Opinion | Sorry, Republicans, Your Trans Panic Won’t Help You Win
▼ + stars: | 2023-04-14 | by ( Lydia Polgreen | ) www.nytimes.com time to read: +3 min

State legislatures across the country are enacting draconian abortion bans that are producing predictably tragic outcomes. It has become blindingly obvious what happens when Republicans legislate what Americans do with their sex organs. For years even before the fall of Roe, conservatives have used hard-edge anti-trans messaging in both red and swing state races, only to come up short. issues as a wedge in races in swing states from the Midwest to the Sunbelt to New England. The data suggest that opposition to trans rights cannot overcome — or possibly even make a dent in — the advantage that comes to Democrats in swing states for supporting abortion rights.

☆ Car dealers reveal the 9 questions you should always ask before buying
▼ + stars: | 2023-04-08 | by ( Alexa St. John | ) www.businessinsider.com time to read: +9 min

Many of the car brands with more inventory on lots than others might also have higher loan payments. "The role of a dealer isn't just to sell them a car, it's to help them find the lowest interest rate possible, and that's both new car dealers and used car dealers. "Even based on the specific car, one bank may provide a lower interest rate on a specific sort of make and model." The used car market might be even more complicated for car shoppers than the new market right now. As a result, far fewer car shoppers have opted to lease a car in recent years.

☆ A Ukrainian mother whose son was executed in Bakhmut said there's no choice but to continue fighting even as Russia regains momentum
▼ + stars: | 2023-04-07 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +4 min

The mother of a Ukrainian soldier who was executed said Ukraine must continue to defend Bakhmut. Paraska Demchuk told NBC News that the thousands of casualties in Bakhmut can't have been "in vain." But he had these words," Demchuk told NBC from her home outside Kyiv. "We have no other option but to continue fighting," Demchuk told NBC News. The Ukrainian military said in a Friday update that battles in and around Bakhmut continue even as Russia tries to take "full control."

☆ Buy shares of this off-price retailer helping its customers fight inflation, Loop Capital says
▼ + stars: | 2023-04-04 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

As macroeconomic uncertainties linger, Loop Capital says investors should consider adding this inflation-fighting retail stock to their portfolios. "We think persistent inflation is tough for Burlington's customers, and the improved values and brands in stores are likely to drive market share gains for the company," she wrote. BURL YTD mountain Burlington shares so far in 2023 So far this year, shares of Burlington Stores have gained 2%. But now, the tides have shifted, with Champine noting particularly strong inventory improvements among ladies apparel and premium brands. "Our March/April checks see mid-tier brands back in stock, robust inventory, and notably better values," she wrote.

☆ Political Uncertainty in Taiwan Adds to U.S.-China Tensions
▼ + stars: | 2023-03-30 | by ( Joyu Wang | ) www.wsj.com time to read: 1 min

TAIPEI—Political tides have begun to turn in Taiwan, threatening to alter the island democracy’s relationships with both Washington and Beijing and reshape tensions between the world’s two superpowers. Taiwanese President Tsai Ing -wen departed Taipei Wednesday on a trip that includes planned stops in New York and Los Angeles, part of an effort to push forward with her Democratic Progressive Party’s strategy of cultivating closer ties with the U.S.

☆ Ukraine's tank force shouldn't stand a chance against Russia's on paper, but dumb mistakes keep tipping the scales
▼ + stars: | 2023-03-30 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +12 min

Russia has more tanks than Ukraine, more updated tanks than Ukraine, and more tank options. All three Western tank models are larger than most Russian tanks and are "quite survivable" thanks to their advanced armor, according to Edmonds. It's still unclear when the Western tanks will arrive or what role they will ultimately play in Ukraine's future offensives. "This stalemated frontline where we are right now, this is not a good environment for tanks," Cancian said. But the number of incoming Western tanks — less than 150 — is unlikely to change the tides of war.

☆ The High Seas Treaty, Explained
▼ + stars: | 2023-03-30 | by ( Haphazard Authority On Ocean Resources | ) www.reuters.com time to read: +12 min

Global News Changing Tides The first international agreement to protect the world's oceans aims to create “international parks” in the high seas. The high seas represent 95% of the world’s total habitat by volume, but the nautical world remains largely unexplored. “A sentiment we often encountered was that there’s not much in terms of biodiversity out there in the high seas,” he said. MPAs that already exist mostly occupy exclusive economic zones and only make up about 3% of the high seas. A 2016 Pew study on mapping governance in the high seas showed 19 governing bodies with a high seas mandate.

☆ Multi-strat hedge funds like Citadel and Millennium are the new big banks
▼ + stars: | 2023-03-22 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

There's an old saying on Wall Street: You can only leave Goldman Sachs once. Insider's Alex Morrell has a fascinating look at how Goldman Sachs' top executives have headed to some of the top hedge funds in the world in recent years. Poaching talent is a longstanding tradition on Wall Street, and the path from the investment banks to the buy side is a well-worn one. It's an indication of the shifting tides on Wall Street between the firms that traditionally held all the power (big banks) and the ones usurping them (multi-strat hedge funds). Click here to read more about how Goldman Sachs alumni are getting poached by the world's biggest hedge funds.

☆ A longtime bear is ‘creeping back’ into tech — and has some picks to play it
▼ + stars: | 2023-03-22 | by ( Zavier Ong | ) www.cnbc.com time to read: +2 min

Tech investor Paul Meeks — an unabashed longtime tech bear — is also beginning to warm to the sector. "I'm creeping back into the sector after long advocating an underweight position in it," he said in notes to CNBC on Friday. Chip makers NXP Semiconductors and STMicroelectronics also made Meeks' list, with the tech investor saying they are two stocks that he "likes very much." Outside of semiconductors, Meeks is also looking at German software firm SAP . "Keep an eye on SAP because this windfall for them could be a really nice blessing, a game-changer," he added.

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