Tuesday, September 27, 2022

Japan Bangladesh Dollar sweeps to 20-year high, sterling on the ropes High Ret Today Hira Vai Dhaka

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Officials didn't realize until Tuesday morning Porfirio Duarte-Herrera was missing during a head count at Southern Desert Correctional Center near Las Vegas. A state Department of Corrections statement said search teams were looking for him.

Inmate Escape-Vegas Bombing
This undated photo provided by the Nevada Department of Corrections shows Porfirio Duarte-Herrera, a convicted bombmaker who was discovered missing Tuesday, Sept. 27, 2022, from Southern Desert Correctional Center outside Las Vegas.AP

Musk’s lawyer contends in a court brief.

The document, filed late Tuesday with the federal appeals court in Manhattan, was written to support Musk’s appeal of a lower court’s April decision to uphold the settlement with Securities and Exchange Commission.

The brief says that a provision in the settlement requiring Musk to get prior approval before tweeting about the electric car company is an illegal “government-imposed muzzle on Mr. Musk’s speech before it is made.”

The settlement required that his tweets be approved by a Tesla attorney before being published. The SEC is investigating whether Musk violated the settlement with tweets last November asking Twitter followers if he should sell 10% of his Tesla stock.

Duarte-Herrera, from Nicaragua, was convicted in 2010 of killing a hot dog stand vendor using a motion-activated bomb in a coffee cup atop a car parked at the Luxor hotel-casino.

Records show his co-defendant, Omar Rueda-Denvers, remained in custody Tuesday. The 47-year-old from Guatemala is serving a life sentence at a different Nevada prison for murder, attempted murder, explosives and other charges.

MIAMI - Hurricane Ian remained a Category 3 storm on Tuesday night and was poised to come ashore somewhere along the coast of southwest Florida with Fort Myers in the crosshairs. 

At 11 p.m., Hurricane Ian was moving toward the north-northeast near 10 mph.

On the forecast track, the center of Ian is expected to pass west of the Florida Keys within the next few hours, and approach the west coast of Florida within the hurricane warning area on Wednesday.

The center of Ian is forecast to move over central Florida Wednesday night and Thursday morning and emerge over the western Atlantic by late Thursday.

Maximum sustained winds are near 120 mph with higher gusts.

A Clark County District Court jury spared both men from the death penalty in the slaying of Willebaldo Dorantes Antonio, whom prosecutors identified as the boyfriend of Rueda-Denvers' ex-girlfriend.

Prosecutors said jealousy was the motive for the attack on the top deck of a two-story parking structure. The blast initially raised fears of a terrorist attack on the Strip.

Officials described Duarte-Herrera as 5 feet, 4 inches tall and 135 pounds, with brown eyes and brown hair.

Sisolak said his office ordered corrections officials to "conduct and complete a thorough investigation into this event as quickly as possible."

"This kind of security lapse cannot be permitted and those responsible will be held responsible," he said.

alled “partial mobilization” ordered last week by the country’s president, Vladimir Putin, shows “this war that was started by the Kremlin is unpopular.”

“Regardless of their nationality, [people] may apply for asylum in the United States and have their claims adjudicated on a case by case basis,” Jean-Pierre added. “We welcome any folks who are seeking asylum and they should do that.

“What we’re seeing in Russia are the people of Russia who are saying they do not want this war, they do not support Putin’s war,” she went on.

Hurricane Ian could strengthen to a Category 4 storm as it targets Florida, forecasters say.

The hurricane made landfall in Cuba about 4:30 a.m. Tuesday just southwest of La Coloma in the western province of Pinar del Río with maximum sustained winds of 125 mph, according to the National Hurricane Center.

Forecasters expect the storm to continue to intensify as it makes its way north toward the west coast of Florida, where a hurricane warning has been issued from Chokoloskee to Anclote River, including Tampa Bay, and Dry Tortugas.

A number of counties along Florida’s west coast issued evacuation orders. It is not yet clear where exactly Ian will make landfall, but Gov. Ron DeSantis said late Tuesday the forecast track appeared to show the storm making landfall at Charlotte and Lee counties, south of Tampa.

Ian is expected to bring 12 to 18 inches of rain to central and northeast Florida, and 6 to 8 inches to the Keys and south Florida through Thursday.

Hurricane Ian moving steadily toward Florida's west coast

Hurricane Ian was moving closer to Florida's west coast early Wednesday, according to the National Hurricane Center.

In its latest update at 2 a.m., the center said Ian was moving northeast at about 10 mph, and is expected to slow Wednesday before turning to the north on Thursday.

The Category 3 storm was about 95 miles southwest of Naples early Wednesday.

The hurricane is expected to move onshore later Wednesday, the hurricane center said.

The center of the storm is expected to pass over central Florida on Wednesday night and Thursday morning, and emerge over the western Atlantic by late Thursday, the hurricane center said.

The military call-up, in which the Kremlin seeks to draft some 300,000 men for the fighting in Ukraine — has sparked protests, violence, and a run on Russia’s borders. Airline tickets to the few countries still accepting direct flights from Russia have been sold out for days.

Karine Jean-Pierre
“Regardless of their nationality, [people] may apply for asylum in the United States.” Karine Jean-Pierre added.
Getty Images/Chip Somodevilla
russian men fleeing
The White House is encouraging Russian men fleeing the country to seek asylum in the US.
AP

In the southern Russian province of Dagestan over the weekend, a group of women protesting the war chanted “no to war” while chasing police officers and demanding the release of other anti-war protestors. Protests continued in Dagestan Monday and included frequent clashes with police.

How much will interest rates rise by and when will they come down?

Sports entertainment company WWE has expanded its long-running relationship with Australian pay TV giant Foxtel Group with a new TV and WWE Network rights deal unveiled on Tuesday that makes Foxtel the exclusive destination for WWE in the country.

Rupert Murdoch’s News Corp owns a 65 percent stake in Foxtel, with Australian telecom powerhouse Telstra holding 35 percent. Foxtel has been WWE’s TV partner in the country for more than two decades. Streaming service WWE Network has, however, so far been a standalone service in Australia, operated by the sports entertainment firm. Now, WWE Network content will become available exclusively through Foxtel’s streaming service Binge, similar to how NBCUniversal streamer Peacock is the home of WWE Network content in the U.S.

 

China's central bank has been trying to slow the yuan's slide by making it more expensive to bet against the currency. The People's Bank of China (PBOC) also cut how much foreign currency banks have to hold.

Many investors see the dollar as a safe place to put their money in times of trouble.

That has helped to drive up its value against other currencies, including the British pound - which hit an all-time low against the dollar on Monday.

Also on Wednesday, the dollar reached a fresh 20-year high against a closely-watched group of leading global currencies.

The yuan's slide is yet another example of a currency weakening as a result of the strong dollar.

It is also about the very different paths China and the United States are taking in response to economic issues at home.

 

The PBOC has been easing interest rates to revive growth in an economy ravaged by Covid lockdowns, while the US Federal Reserve is moving aggressively in the opposite direction as it tries to control inflation.

Such a divergence is not wholly problematic, Joseph Capurso, head of international and sustainable economics at the Commonwealth Bank of Australia told the BBC.

The fall in the currency's value can actually be helpful for exporters within China, he said, because it would make their goods cheaper and so could increase demand.

That said, exports only make up 20% of the Chinese economy these days, so a weak yuan will not turn around fundamental weakness domestically largely caused by Beijing's zero-Covid strategy and a property crisis, said Mr Capurso.

A weaker currency can also lead to investors pulling their money out of the country and uncertainty in financial markets - something Chinese officials will want to avoid with the Communist Party Congress coming up next month, when its president Xi Jinping is expected to secure an unprecedented third term in office.

The yuan's fall has caused weakness in other currencies of developed economies in the region, including the Australian and Singapore dollar as well as the South Korean won.

 

Last week, the Bank of Japan intervened to support the yen for the first time since 1998, after the currency weakened against the dollar.

Asia's emerging markets are vulnerable too - as they sell raw materials and components to China's factories and so have increasingly become dependent on the yuan.

Washington has in the past accused China of intentionally devaluing its currency to keep exports cheap and imports from the US expensive.

While the strong dollar has rattled world markets, it is unlikely to deter the Fed from continuing to raise rates.

"The strong dollar is working for the US market," Dimitri Zabelin at the London School of Economics' foreign policy think-tank said.

"It will be a consideration but it will not weigh as heavy as domestic concern about inflation."

Markets have priced in a peak in the Bank Rate of 5.8pc in July 2023, up from 2.25pc today.

But Andrew Wishart, of Capital Economics, an analyst, cautioned that this expectation should not be taken too literally. However, big rate rises are undoubtedly in the pipeline.

Previously, Capital Economics had forecast a Bank Rate peak at 4pc. “We now think there is a good chance that the Bank rate will rise from 2.25pc to a peak of 5pc next year, rather than 4pc,” Mr Wishart said.

Pantheon Macroeconomics, another analyst, has forecast a lower peak in the Bank Rate at 4pc, and expects this will fall to 3.5pc in 2024.

Can I still get a mortgage and what are my best options?

The number of available mortgage deals has plunged. Altogether, lenders yesterday pulled 284 deals from the market, according to Moneyfacts, an analyst.

As of this morning, there were 3,596 residential mortgage deals on the market – a loss of nearly 10pc in just four days.

Overall, the number was down 32pc compared to the start of December, before interest rate rises began.

 

And the numbers will keep falling because more lenders are pulling deals. This morning, specialist lenders LiveMore Capital temporarily suspended its fixed-rate deals, while Hodge, another later-life lender, withdrew its residential and holiday let deals in the short term. Buy-to-let lender CHL also withdrew its mortgage range.

Lenders are expected to relaunch deals soon, but these will be at higher rates than before.

Borrowers still have options, but there is no guarantee how long these deals will be available. They are likely to become more expensive soon.

Right now, the best two-year fixed-rate deal on the market for a buyer with a 10pc deposit is with Penrith Building Society at 3.49pc with a £999 fee, according to Moneyfacts. Buyers with a 25pc deposit can get a two-year fix at 4.06pc with a £490 fee with First Direct.

Aaron Strutt, of Trinity Financial mortgage brokers, said: “There is a frenzy of people wanting to get a cheap enough mortgage while they still can, because the rates will go up.” With deals being withdrawn with a few hours’ notice, borrowers and brokers have rushed to lock in a fixed rate while they can. But the turmoil has caused banks’ phone lines and applications systems to jam.

What will interest rate rises mean for my mortgage payments?

Borrowers can expect big rate rises at each of the Bank of England’s Monetary Policy Committee meetings, which are held every six weeks. There was speculation yesterday that the Bank of England would make an emergency rate rise, but Governor Andrew Bailey said that the Bank would make its decision at its next meeting on November 3.

The MPC’s decisions will affect mortgage payments in three different ways. First, the 1.6 million borrowers who are on variable rate deals – one in five mortgaged homeowners – will see their bills rise almost immediately.

If it raises the Bank Rate by 0.75 percentage points in November, an average homeowner on a variable rate would see their monthly payments jump by £95, according to Hamptons estate agents. This would be followed by further rises following each Bank Rate decision.

The second way buyers and homemovers would be hit is when the Bank Rate change filters into rate rises for new mortgages. The average rate for a two-year fixed-rate mortgage with a 25pc deposit has already tripled so far this year, rising from 1.34pc in January to 3.64pc, according to Pantheon. “It will rise to at least 6pc by the end of the year, if markets are right about the path for the Bank rate, and possibly further,” Pantheon said.

If the rate on a two-year fix hits 6.14pc, monthly payments for a buyer purchasing an average UK property will be £1,488, according to Hamptons. This would be £321 per month more than in August.

If the Bank Rate rose to 6pc next year, and mortgage rates rose to 7.89pc, the monthly payment on an average home would hit £1,696. That is £569 per month more than in August.

This means the buyer would pay an extra £13,656 in interest over the course of a two-year fix.

There is a bigger, looming problem for homeowners who are coming to the end of their fixed-rate deals. Pantheon expects the average homeowner remortgaging this winter will see a four percentage point jump in their mortgage rate.

Next year, the blow will be even greater. According to UK Finance, the lender body, 1.8 million homeowners will need to refinance in 2023. Half a million will be coming to the end of two-year fixes, meaning they took out loans when it was possible to get sub-1pc mortgage deals. They will have to refinance at rates that are possibly eight times higher.

In Ryazan, 100 miles southeast of Moscow, a man lit himself on fire Monday while shouting that he did not want to go to war.

The government of Kazakhstan, a former Soviet republic that shares a large southern border with Russia, said Tuesday that roughly 98,000 Russians had come to the country in the week since the mobilization was announced.

Who are some of the key players operating in the Metagenomics market and how high is the competition 2022?

Company Information: List by Country Top Manufacturers/ Key Players In Metagenomics Market Insights Report Are:

According to this latest study, the 2022 development of Third-Party Replacement Strap for Metagenomics will have huge change from earlier year.

This report contains market size and forecasts of Metagenomics in China, including the following market information:

China Metagenomics Market Revenue, 2016-2021, 2022-2027, (USD millions)

China top five Metagenomics companies in 2020 (%)

The global Metagenomics market size is expected to growth from USD 204.2 million in 2020 to USD 397.8 million by 2027; it is expected to grow at a CAGR of 9.5% during 2021-2027.

The China Metagenomics market was valued at USD million in 2020 and is projected to reach USD million by 2027, at a CAGR of % during the forecast period.

QYResearch has surveyed the Metagenomics Companies and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Metagenomics market identifies the increase in RandD of therapeutic vaccines as one of the prime reasons driving the Metagenomics Market growth during the next few years. Also, increased disease diagnostic modalities, and increasing research on combination therapies will lead to sizable demand in the market.

COVID-19 / Great lockdown has compressed the global economy and with it the manufacturing sector, production, disruption, financial.

 

It also discussions about the market size of different segments and their growth aspects along with Competitive benchmarking, Historical data and forecasts, Company revenue shares, Regional opportunities, Latest trends and dynamics, growth trends, various stakeholders like investors, CEOs, traders, suppliers, Research and media, Global Manager, Director, President, SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization and others. Revenue forecast, company share, competitive landscape, growth factors and trends

What are the major applications and type, of Metagenomics?

Major Product Types of Metagenomics covered are:

 

This report focuses on the Metagenomics in Global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application. The Metagenomics-market report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market.

What are the major regional markets of Metagenomics in Global, according to the Market Growth Reports report?

Metagenomics Market analysis, by Geography: Major regions covered within the report: Consumption by Region 2022: -

● North America (U.S. and Canada) Market size, Metagenomics growth, Market Players Analysis and Opportunity Outlook

 

● Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Metagenomics growth and Market Players Analysis and Opportunity Outlook

 

● Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands and Luxembourg, NORDIC (Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market size, Metagenomics growth Market Players Analyst and Opportunity Outlook

 

● Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Metagenomics growth and Market Players Analysis and Opportunity Outlook

 

● Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Metagenomics growth Market Players Analysis and Opportunity Outlook

Nervous financial markets propelled the safe-haven dollar to a fresh two-decade peak on Wednesday as rising global interest rates fed recession worries, while sterling languished near all-time lows on fears over Britain's radical tax cut plans.

The U.S. dollar index against a basket of major currencies rose about 0.5% to hit a new high of 114.70 in Asia trade.

The relentless upward march of the dollar came as benchmark U.S. 10-year Treasury yields rose to 4% for the first time since 2010, topping at 4.004%. The two-year yields stood at 4.2891%.

"It's a combination of the spillover from the UK... where the gilt yields have gone ballistic. And that has spilled over into other DM bond markets, so there's a bit of a ricochet effect," said Moh Siong Sim, a currency strategist at Bank of Singapore.

 

"And of course ... this is against the backdrop of a very determined message by the Fed to do whatever it takes to bring inflation down."

The Federal Reserve has led the global fight against surging inflation, turning even more aggressive recently by signalling further big rate increases on top of super-sized moves in the past few months.

That message was reinforced overnight by Chicago Fed President Charles Evans, St. Louis Fed President James Bullard and Minneapolis Federal Reserve Bank President Neel Kashkari, with Evans saying that the central bank will need to raise interest rates to a range between 4.50% and 4.75%.

The rising borrowing costs have intensified fears of a global recession, adding to the surge in bond yields worldwide.

Sterling was under fire again, slumping 0.95% to $1.06345, reversing a marginal 0.4% gain in the previous session. It is still nursing deep losses after collapsing to an all-time low of $1.0327 at the start of the week, having held near the $1.1300 level before last week's UK budget.

Bank of England Chief Economist Huw Pill said overnight that the central bank is likely to deliver a "significant policy response" in response to finance minister Kwasi Kwarteng's huge tax cut plans.

 

The report can help to know the market and strategize for business expansion accordingly. Within the strategy analysis, it gives insights from market positioning and marketing channel to potential growth strategies, providing in-depth analysis for brand fresh entrants or exists competitors within the Metagenomics industry. Global Metagenomics Market Report 2022 provides exclusive statistics, data, information, trends and competitive landscape details during this niche sector.

Monday, September 26, 2022

Raza Babu Hoja KakaUkraine war latest: Russia strikes more than 40 Ukrainian Horipur 2023 Mokul

At downtown Khartoum's al-Souq al-Arabi, travel agencies helping young Sudanese seek a brighter economic future in Egypt are replacing once-packed hardware stores in a corner of the capital's main commercial hub.

The exodus reflects growing despondence over prospects at home, where the economy has been in free fall and the U.N. says food shortages affect a third of the population. Power and water cuts are common. Anti-army protests have rocked the streets since a coup a year ago.

Following the military takeover, which toppled a civilian-led government that had promised a new economic dawn, the number of those leaving has accelerated, travel agents and migrants say.

Egypt, already home to a Sudanese community estimated at 4 million, offers few of the lucrative jobs that Sudanese migrants have traditionally sought in the Gulf, but it is an easier and often more familiar destination.

Political Cartoons on World Leaders

And while some do travel onward on treacherous Mediterranean trips to Europe, Egypt has notable advantages.

Young Sudanese can travel there cheaply and hunt for work, while families seek healthcare, education for their children and a stable life.

Typhoon Noru left swathes of farmland in the northern Philippines flooded, and at least five dead, as it moved west off the Philippines on Monday, September 26.

The country’s largest and most populous island, Luzon, was worst hit, with gusts of up to 149 mph and waist-high floodwaters leaving families stranded on rooftops. Five rescue workers were reported killed in Bulacan.

With 76,000 people being evacuated from their homes in advance, Noru, known locally as Karding, did less damage and caused less loss of life than had been expected. President Ferdinand Marcos was quoted as saying “I think we may have gotten lucky, at least this time.”

Video footage posted by the Philippine Coast Guard shows a crew from Station Bataan lifting a baby to safety in Castellano, in the municipality of San Leonardo, Nueva Ecija province. The post states a total of 12 people were rescued in the operation. Credit: Philippine Coast Guard via Storyful

"All us young people want to build a future, but you can't do that here," said Munzir Mohamed, a 21-year-old trying to book a bus trip to Egypt at one of the travel agencies.

The owner of a Khartoum bus company said as many as 30 buses were taking around 1,500 passengers to Egypt from Sudan daily, which he said was up 50% from last year, despite sharp ticket price increases. Two travel agents estimated the number of young men seeking to make the journey had doubled in the last year.

There are no publicly available figures to show recent migration trends from Sudan to Egypt. But an Egyptian diplomat said numbers travelling had been on the rise since 2019, when an uprising led to the overthrow of former Sudanese leader Omar al-Bashir.

"Movement of Sudanese people into Egypt has been increasing ... gradually and proportional to the deterioration of the situation in Sudan," he said.

The pound has slumped to an all-time low against the dollar after Chancellor Kwasi Kwarteng hinted at more tax cuts to come after after last week’s Budget.

Sterling tumbled almost 5pc to as low as $1.0327 in overnight trading, taking it below its 1985 low to the weakest since decimalisation in 1971.

It clawed back some ground to about $1.05, but the sharp decline has fuelled fears it could slump to parity by the end of the year.

Highlighting the dire outlook, the pound fell against every single other currency in the world, from the Albanian lek to the Zambian kwacha.

The latest fall makes sterling the worst-performing G10 currency in the year so far.

The euro also hit a fresh 20-year low amid recession and energy security fears and on signs Italy's far-right alliance is on track to take power.

The Chancellor has brushed off questions about the markets' reaction to his mini-Budget – which outlined the biggest programme of tax cuts for 50 years – after it was announced on Friday.

The measures, which include scrapping the additional rate of income tax and cutting stamp duty, are aimed at fuelling economic growth.

But markets have been spooked amid fears Prime Minister Liz Truss is pushing up public borrowing to unsustainable levels.

Mr Kwarteng rattled traders further yesterday by saying there was  “more to come” on tax cuts.

The sharp decline in the pound has fuelled speculation that the Bank of England could be forced to step in with an emergency interest rate rise ahead of its next meeting in November.

TAXES AND FEES

In al-Souq al-Arabi, labourers, electricians, and others who would typically be at building sites idle away the time drinking tea and playing board games while they wait for work.

"We used to hope for five minutes to take a seat. Now I'm sat here all day," said the owner of one hardware store still operating in the market.

Much of the paltry income that shopkeepers and stall-holders can still make goes to higher taxes, dues, and license fees introduced by a government that lost billions in external economic support after the coup, they say.

The finance minister, Jibril Ibrahim, said on Sunday the country would rely on its own internal resources for a second year to fund the budget, despite the government struggling to provide basic services.

Taxes and fees have risen by 400% or more in some instances, business owners say.

"It's impacted us hugely," said the hardware store owner.

Traders shut down main markets in the cities of Sennar and Gedaref this month in protest at the charges. Further closures are due in the city of El Obeid this week. The government, with no new prime minister appointed since the coup, is juggling strikes by electricity and sewage workers as well as trainee doctors over low wages.

The finance ministry did not respond to a request for comment.

Official inflation has eased from a high of 423% last year to 117% in August, which businessmen and analysts say reflects economic stagnation. It is still one of the highest rates globally.

The Sudanese pound depreciated by 950% over the past four years, while fuel, once subsidized, has become more expensive than in many wealthier countries.

Business owners say most people can no longer afford much beyond basic goods, causing traders and factories to slow down or close up shop.

Russian shelling hit more than 40 towns in Ukraine in the space of 24 hours, Ukrainian officials said on Monday, as fierce fighting continues to rage in the country’s south.

Russian forces launched five missile and 12 air strikes, as well as more than 83 attacks from multiple rocket-propelled grenades, the general staff of Ukraine’s armed forces said.

In response to the attacks, Ukraine's air force launched 33 strikes, hitting 25 "enemy" areas, the general staff added.

Meanwhile, Volodymyr Zelensky, Ukraine's president, warned earlier that Vladimir Putin's nuclear threats "could be a reality".

 both friendly and abusive — to keep up with you.  (Photo: Carol Yepes via Getty Images)

Ask anyone. If you have an ex-partner, you probably have checked out their social media accounts at least once, right? Social media “stalking” is often a relatively harmless rite of passage into singlehood. Some people keep the peeping to a minimum, while others check up on their exes a bit more often.

Elena checks in on her ex-partner’s social media whenever she’s feeling “extremely single,” or even just bored. “It can be fun, but there’s definitely a morbid curiosity aspect to it — almost like every time you go to check their socials, it’s a gamble to see if they’ve moved on or not, or whether or not you’re still on their radar,” she said. (She and others are being referenced by first names or pseudonyms to protect their or their ex-partner’s privacy.)

 

Elena described her relationship with her ex as great, with no signs of toxicity, but they did have a hard time letting each other go. “Seemed like there was always a door left slightly open, so I guess that fueled some of the ‘stalking,’” she explained. She has checked up on her ex on “basically any platform that I know he’s active on,” including Instagram, Venmo, Spotify and LinkedIn.

She said Venmo and Spotify usually reveal the most information.

“I like to check up on Venmo because it can tell you who they’ve been hanging out with and give you a little insight on what they’ve been up to. If there’s a transaction between him and some girl with the memo ‘drinks 🍹’ or something of that nature, it’s a fun little game to go down the ‘stalking’ rabbit hole and see what his relationship might be to said girl,” Elena said. “One time I found out an ex was getting a new tattoo through Venmo, so sometimes it’s just funny little updates like that.”

"He wants to scare the whole world," he said. "I don't think he's bluffing. I think the world is deterring it and containing this threat. We need to keep putting pressure on him and not allow him to continue."

The US has warned the Kremlin that Russia will face “catastrophic consequences” if it uses nuclear weapons in Ukraine.

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10:46 AM

IAEA chief ready for Zaporizhzhia nuclear plant talks this week

UN atomic watchdog chief Rafael Grossi has said he is ready to hold talks in Ukraine and Russia this week on setting up a protection zone at the Russian-held Zaporizhzhia nuclear power plant in Ukraine that he says is needed urgently.

"There is a plan on the table to do it. Last week I had an opportunity to start consultations with Ukraine and with the Russian Federation ... and I am ready to continue these consultations in both countries this week," Mr Grossi told a meeting of IAEA member states.

 

IAEA Director General Rafael Grossi visited the Zaporizhzhia nuclear plant earlier this month. - Reuters

IAEA Director General Rafael Grossi visited the Zaporizhzhia nuclear plant earlier this month. - Reuters© Reuters

10:19 AM

School shooting death toll rises to nine

At least nine people were killed, including five children, in a shooting at a school in the city of Izhevsk in central Russia, investigators have said.

"Nine people were killed because of this crime, including two security guards of the educational institution and two teachers, as well as five minors," Russia's Investigative Committee said in a statement on Telegram, adding that the attacker "committed suicide".

 

09:57 AM

OECD cuts world GDP growth forecast over Ukraine war

The world economy will take a bigger hit next year than previously forecast due to the impact of Russia's war in Ukraine, the OECD said Monday.

The organisation slashed its 2023 global growth forecast to 2.2 per cent, down from 2.8 per cent in its previous estimate in June, with Europe's economic powerhouse Germany falling into recession.

 

09:32 AM

At least six dead in Russia school shooting

A gunman killed six people a school in the Russian city of Izhevsk, Russia's interior ministry said in a statement on Telegram.

The Udmurtia branch of the interior ministry said the gunman had killed himself and that 20 people were wounded.

News agency RIA cited Governor Alexander Brechalov of the Udmurtia region, of which Izhevsk is the capital, as saying that an unidentified man had entered the school and killed a security guard. He said that there were dead and wounded among the school students.

 

09:20 AM

Thousands of Russians have fled to Finland to escape mobilisation

Almost 17,000 Russians crossed the border into Finland during the weekend, an 80 per cent rise from a week earlier, Finnish authorities have said.

Captain Taneli Repo at Finland's southeastern border authority said: "The queues continue to be a bit longer than they've usually been since the pandemic."

Young Russian men who spoke to Reuters after crossing into Finland via the Vaalimaa border station last week, some three hours by car from Russia's second-largest city St Petersburg, said they left out of fear of being drafted for the war.

The Finnish government, wary of becoming a major transit nation, on Friday said it will stop all Russians from entering on tourist visas within the coming days, although exceptions may still apply on humanitarian grounds.

That may push more people to leave. The International Organization for Migration (IOM), "anticipates that more people will consider migration as an option," a spokesman for the U.N. agency said in reference to Sudan.

MENIAL JOBS

Circumstances in Egypt are also difficult with inflation running at its highest in almost four years, and almost a quarter of youths unemployed, according to the International Labour Organisation.

Sudanese youth often end up working menial jobs in factories, gold mines, or as domestic help, travel agents and migrants say. But they have a community to lean on, and can earn more than at home.

"My whole family in Sudan worked and we still weren't making much, and it would all go towards food," said 23-year-old Malaz Abbakar, who moved to Egypt two years ago.

Now, she says, she's able to send her family up to 120,000 Sudanese pounds ($208) per month working as a babysitter.

Stores selling Sudanese foods have cropped up in Cairo, private schools advertise Egyptian branches on billboards in Khartoum, and many travel to Egypt for healthcare that's become expensive or unavailable back home.

For some, like 23-year-old Adam from war-stricken Darfur, Egypt is a stopover before the treacherous journey across the Mediterranean to Europe.

"It's dangerous but it's better to risk it and have a good life than to suffer in poverty and hopelessness," he said as he queued for a visa at the Egyptian consulate in Khartoum, along with dozens of other would-be migrants.

Among the dead was a school security guard and two schoolteachers. Earlier, Russia’s Interior Ministry reported at least 20 were wounded.

 

The gunmen, clad in black and wearing a black balaclava, shot the school security guard before walking into the school, opening fire on children, many of them as young as seven years old, according local media accounts.

Panic-stricken children fled the school during the attack, as police with pistols raised rushed up stairwells and along school corridors, according to video aired by independent local media.

The school shooting, in the capital of the Russian republic of Udmurtia, occurred on the same day that a young Russian man shot the head of a local military enlistment office in the Irkutsk region of Siberia.

If the Supreme Court adopts the theory, it will radically reshape how federal elections are conducted by giving state lawmakers independent authority, not subject to review by state courts, to set election rules in conflict with state constitutions.

The conference’s brief, which was nominally filed in support of neither party, urged the Supreme Court to reject that approach, sometimes called the independent state legislature theory. The Constitution, the brief said, “does not oust state courts from their traditional role in reviewing election laws under state constitutions.”

The case, Moore v. Harper, No. 21-1271, will be argued in the coming months. It concerns a congressional voting map drawn by the North Carolina Legislature favoring Republicans that was rejected as a partisan gerrymander by the state’s Supreme Court. Republican lawmakers seeking to restore the legislative map argued that the state court had been powerless to act.

 

Wednesday, September 21, 2022

Kalu Team Lidar Putin can call up all the troops Natore Abu Hena Roni Sick So Verry Bad 2022 VabI

 Vladimir Putin can call up all the troops he wants, but Russia has no way of getting those new troops the training and weapons they need to fight in Ukraine any time soon.

Former US Ambassador to the UN and White House hopeful Nikki Haley endorsed Republican Michael Henry for New York state attorney general amid a feud with Democratic incumbent AG Letitia James.

Haley last month accused James’ office of breaking tax laws by leaking the list of donors to her conservative not-for-profit advocacy group, Stand for America.

It was confirmation of the credo Biden has preached since the day he took office: that America is back, and that means back on top.

Jane Rosenthal wasn’t mincing words about the slow growth of women’s representation behind the camera in Hollywood: “The statistics are bleak,” she said Sept. 20 at the Through Her Lens luncheon, presented by Chanel at New York’s Locanda Verde restaurant in the Greenwich Hotel. “The numbers have hardly budged over the years, despite assumed progress.”

Indeed, even as conversations about women-helmed projects have heightened in recent years, Rosenthal pointed to industry figures gathered since 1998, noting that the percentage of women directors, writers, producers and cinematographers since then had only increased by four percent. “More than two decades and an increase of only 4 percent? You’ve gotta be kidding me,” added Rosenthal, the CEO and co-founder of Tribeca Enterprises, host of the annual Tribeca Film Festival, set for June 7-18 in 2023.

"Both through age and experience, he's someone very attached to the idea of American leadership," said Garret Martin, who teaches international relations at American University.

Unlike isolationist Donald Trump, who ditched international agreements, entered erratic relationships with US foes and treated US allies as a nuisance, Biden's worldview, laid out from the podium of the UN's huge hall, was more straightforward.

The United States will get involved everywhere, he said. The only question is whether that will be with a carrot -- or, as with Russia, a stick.

 

Biden's blistering denunciation of Russia began in the opening paragraph of his speech, when he said the Ukraine war was "chosen by one man."

President Vladimir Putin had "shamelessly violated the core tenets of the United Nations Charter," he said.

"This war is about extinguishing Ukraine's right to exist as a state, plain and simple, and Ukraine's right to exist as a people. Whoever you are, wherever you live, whatever you believe, that should not -- that should make your blood run cold."

So it went on.

 

But then came the carrot.

"If you're still committed to a strong foundation for the good of every nation around the world, then the United States wants to work with you," Biden said.

"The United States is opening an era of relentless diplomacy to address the challenges that matter most to people's lives -- all people's lives."

He announced another $2.9 billion to help ease food supply problems endangering parts of Africa in particular.

And he strongly supported diluting the privileged position held by the five old powers on the permanent UN Security Council -- Britain, China, France, Russia and the United States -- by bringing in new members from the global south.

 

"The time has come for this institution to become more inclusive," he said, urging permanent seats to represent Africa and Latin America, in addition to previous calls for including Japan and India.

Biden reminded the world of the US role in creating and distributing vaccines during the Covid pandemic, and he renewed his promise of US leadership in the existential struggle with climate change.

Even if most of the focus was on criticizing Russia, Biden also brought out the stick for China -- just not as aggressively.

He only touched briefly on some of the worst accusations made in the West about China, including genocide against the Uyghurs.

Instead, he used mostly code words.

He said: "The United States is determined to defend and strengthen democracy at home and around the world."

He urged "basic principles like freedom of navigation."

And he called for "transparent" international infrastructure projects, rather than ones that "generate huge and large debt without delivering."

Code words, but easily understood as criticism of Beijing's expanding military and commercial grip on the Asia-Pacific region and even further afield.

On one topic, Biden was more blunt, accusing China of "conducting an unprecedented, concerning nuclear buildup without any transparency."

But just as important was the "direct" promise that Washington does "not seek conflict" with Beijing.

“Michael Henry is the outsider New Yorkers need to fight back against the corruption that’s plagued the Empire State,” Haley said in a statement provided to The Post Wednesday.

“I’m proud to endorse him because he’s pro-law and order, pro-government transparency, and will restore integrity to the NY Attorney General’s office,” Haley said.

Henry was thrilled to get endorsed by a major national Republican figure to fire up his underdog campaign.

“I’m proud to receive the endorsement of Ambassador Nikki Haley. She is a leader who is not afraid to fight back against corrupt and illegal behavior from my opponent’s office. She knows that I will root out this corruption and brazen political attacks that have no place in such an esteemed office,” Henry said.

NYS Attorney Genreral Letitia James
James is filing a $250 million lawsuit against former President Trump, his family and the Trump Organization for fraud.
William Farrington

James, a Democrat who is seeking re-election to a second term, made big waves Wednesday, filing a $250 million lawsuit against former President Donald Trump, his kids Eric, Ivanka and Donald Trump Jr., and the Trump Organization — alleging “staggering” fraud in the family real estate business.

Haley, who is considering a run for president in 2024, also has been in the headlines.

The former US ambassador to the United Nations under former President Donald Trump, Haley on Wednesday faulted President Biden for not calling out countries that allegedly are helping Russia’s invasion of Ukraine during his speech to the UN General Assembly — citing China, North Korea and Iran.

The former South Carina governor also called “The View” co-host Sunny Hostin a “racist” for accusing her of acting like a “chameleon” and shielding her Indian heritage behind a fake name.

Haley has gone by her middle name, Nikki, which is roughly translated from Hindu as “little one”, since childhood.

During their ongoing feud, Haley has publicly endorsed James’ counterpart Michael Henry.
Dennis A. Clark

“Thanks for your concern @Sunny,” the ex-ambassador tweeted. “It’s racist of you to judge my name. Nikki is an Indian name and is on my birth certificate—and I’m proud of that.

“What’s sad is the left’s hypocrisy towards conservative minorities. By the way, last I checked Sunny isn’t your birth name…”

The James campaign had no immediate comment regarding Haley’s endorsement of Henry.

he Shanghai Composite Index sank 0.2% to 3,111.37 and the Nikkei 225 in Tokyo slid 1% to 27,053.10. Hong Kong's Hang Seng tumbled 1.8% to 18,107.09.

South Korea's Kospi sank 1.2% to 2,320.22 and India's Sensex opened down 0.4% at 59,456.78.

New Zealand edged up less than 0.1% while Southeast Asian markets declined.

The Fed and central banks in Europe and Asia raising rates to slow economic growth and cool inflation that is at multi-decade highs.

Traders worry they might derail global economic growth. Fed officials acknowledge the possibility such aggressive rate hikes might bring on a recession but say inflation must be brought under control. They point to a relatively strong U.S. job market as evidence the economy can tolerate higher borrowing costs.

“The Fed’s new economic projections highlight it will tolerate a recession to bring inflation down,” said Gregory Daco of EY Parthenon in a report.

 

The yield on the 2-year Treasury, or the difference between the market price and the payout if held to maturity, rose to 4.02% from 3.97% late Tuesday. It was trading at its highest level since 2007.

The yield on the 10-year Treasury, which influences mortgage rates, fell to 3.52% from 3.56% late Tuesday.

The S&P 500 fell to 3,789.93. The Dow fell 1.7% to 30,183.78, and the Nasdaq composite lost 1.8% to 11,220.19.

The major Wall Street indexes are on pace for their fifth weekly loss in six weeks.

Fed chair Jerome Powell stressed his resolve to lift rates high enough to drive inflation back toward the central bank’s 2% goal. Powell said the Fed has just started to get to that level with this most recent increase.

The central bank's latest rate hike lifted its benchmark rate, which affects many consumer and business loans, to a range of 3% to 3.25%, the highest level in 14 years, and up from zero at the start of the year.

The Fed released a forecast known as a “dot plot” that showed it expects its benchmark rate to be 4.4% by year’s end, a full point higher than envisioned in June.

As in the rest of the UK, there will be a cap placed on the unit price of electricity and gas for two years.

The cap will not come into place in Northern Ireland until November, one month later than in the rest of the UK.

The government said households in NI would see the same benefits with the support being backdated.

 

Households using home heating oil will receive a one-off payment of £100 to help with rising energy costs, the UK government announced on Wednesday.

This will be delivered as a top-up to the £400 Energy Bills Support payment which is going to all UK households.

Some politicians have criticised the £100 heating oil payment, with SDLP leader Colum Eastwood describing it as an "insult".

After weeks of discussion about how the £400 rebate would be delivered in Northern Ireland, which has a separate energy market to Great Britain, former Chancellor Nadhim Zahawi announced in August that the money would be paid directly to electricity companies, with the money then delivered through discounts on customers' bills.

Households in Great Britain will start receiving their discounts in October but it remains unclear when Northern Ireland residents will receive it.

The Northern Ireland Economy Minister Gordon Lyons says he expects the money will be paid out before Christmas.

U.S. consumer prices rose 8.3% in August. That was down from July's 9.1% peak, but core inflation, which strips out volatile food and energy prices to give a clearer picture of the trend, rose to 0.6% over the previous month, up from July’s 0.3% increase.

Central bankers in Japan, Britain, Switzerland and Norway are due to report on whether they also will raise rates again. Sweden surprised economists this week with a full-point hike.

The global economy also has been roiled by Russia's invasion of Ukraine, which pushed up prices of oil, wheat and other commodities.

In energy markets, benchmark U.S. crude gained 19 cents to $83.13 per barrel in electronic trading on the New York mercantile Exchange. The contract fell $1 to $82.94 on Wednesday. Brent crude, the price basis for international oil trading, advanced 20 cents to $90.03 per barrel in London. It lost 79 cents the previous session to $89.83.

The U.S. dollar surged to a new 24-year high against the yen after the Bank of Japan stuck to ultra-easing stimulus on Thursday, just hours after the Federal Reserve surprised markets with hawkish interest-rate projections.

The greenback had already pushed to a new 37-year peak to sterling ahead of the Bank of England's policy announcement later in the day, and to a two-decade top versus the euro.

It also notched new highs against regional currencies from the Australian and New Zealand dollars to the offshore Chinese yuan and the Korean won, as well as the Singapore dollar and Thai baht.

 

The yen went for a wild ride in the immediate aftermath of the BOJ's decision to keep short-term rates negative and continue to pin the 10-year government bond yield near zero, reinforcing market expectations that Japan's central bank will continue to swim against a global tide of monetary tightening, despite a weaker currency.

The dollar leapt as high as 145.405 yen for the first time since August 1998, but then swung sharply back to as low as 143.50, before last trading 0.45% higher than Wednesday at 144.75.

"There could be concern about intervention, or even a rate check by the BOJ," said Tohru Sasaki, head of Japan market research at J.P. Morgan in Tokyo. "It could also just be the result of market illiquidity."

"The market will be nervous, there will be some volatility for a while, but eventually, over the medium term, the weak yen trend will continue," Sasaki said. "The 1998 peak was at 147.60, so the market will be looking at that level."

Japan's top currency diplomat said later that officials had not intervened in the market.

The dollar index - which measures the greenback against a basket of six counterparts including the yen, euro and sterling - had earlier risen as high as 111.79 for the first time since mid-2002.

On Wednesday, the Fed issued new projections showing rates peaking at 4.6% next year with no cuts until 2024. It raised its target interest rate range by another 75 basis points (bps) overnight to 3.00%-3.25%, as was widely expected.

 

The dollar gained to 144.48 yen from Wednesday's 143.46 yen. The euro fell to 98.18 cents from 99.09 cents.

Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

With his invasion of Ukraine faltering badly, the Russian President on Wednesday announced the immediate "partial mobilization" of Russian citizens. Defense Minister Sergei Shoigu said on Russian television that the country will call up 300,000 reservists.
If they end up facing Ukrainian guns on the front lines, they are likely to become the newest casualties in the invasion Putin started more than seven months ago and that has seen the Russian military fail at almost every aspect of modern war.
 
"The Russian military is not currently equipped to rapidly and effectively deploy 300,000 reservists," said Alex Lord, Europe and Eurasia specialist at the Sibylline strategic analysis firm in London.
"Russia is already struggling to effectively equip its professional forces in Ukraine, following significant equipment losses during the war," Lord said.
The recent Ukrainian offensive, which has seen Kyiv recapture thousands of square meters of territory, has taken a significant toll.
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The Institute for the Study of War earlier this week said analysis from Western experts and Ukrainian intelligence found Russia had lost 50% to 90% of its strength in some units due to that offensive, and vast amounts of armor.
 
And that comes on top of staggering equipment losses over the course of the war.
The open source intelligence website Oryx, using only losses confirmed by photographic or video evidence, has found Russian forces have lost more than 6,300 vehicles, including 1,168 tanks, since the fighting began.
"In practice, they don't have enough modern equipment ... for that many new troops," said Jakub Janovsky, a military analyst who contributes to the Oryx blog.

Russia announces immediate 'partial mobilization' of citizens, escalating its invasion of Ukraine

 
 
JT Crump, CEO of Sibylline and a veteran of 20 years in the British military, said Russia is beginning to suffer ammunition shortages in some calibers and is looking for sources of key components so it can repair or build replacements for weapons lost on the battlefield.
It's not just tanks and armored personnel carriers that have been lost.
In many cases, Russian troops haven't had the basics in Ukraine, including a clear definition of what they are risking their lives for.
Despite Wednesday's mobilization order, Putin is still calling Ukraine a "special military operation," not a war.
Ukrainian soldiers know they are fighting for their homeland. Many Russian soldiers have no idea why they are in Ukraine.
Lithuanian Foreign Minister Gabrielius Landsbergis noted this on Wednesday, calling Putin's partial mobilization announcement "a sign of desperation."

A billboard promoting army service in Saint Petersburg on September 20 contains the slogan, "Serving Russia is a real job."

 
 
"I think that people definitely do not want to go to a war that they do not understand. ... People would be taken to jail if they were to call Russia's war in Ukraine a war, and now suddenly they have to go in and fight it unprepared, without weapons, without body armor, without helmets," he said.
But even if they did have all the equipment, weapons and motivation they need, getting 300,000 troops quickly trained for battle would be impossible, experts said.
"Neither the extra officers nor facilities necessary for a mass mobilization exist now in Russia," said Trent Telenko, a former quality control auditor for the US' Defense Contract Management Agency who has studied Russian logistics.
Reforms in 2008, aimed at modernizing and professionalizing the Russian military, removed many of the logistical and command and control structures that had once enabled the forces of the old Soviet Union to rapidly train and equip vast numbers of mobilized conscripts.

Shanghai, Tokyo, Hong Kong and Sydney declined. Oil prices edged higher.

Wall Street's benchmark S&P 500 index fell 1.7% on Wednesday to a two-month low after the Fed raised its benchmark lending rate by 0.75 percentage points, three times its usual margin. The Fed said it expects that rate to be a full percentage point higher by year's end than it did three months ago.

A former Chinese justice minister was sentenced to death with a two-year reprieve on charges of taking bribes and helping criminals including his brother hide illegal activity, state TV reported Thursday.

Fu Zhenghua’s conviction adds to a string of senior officials who have been punished for corruption in a long-running crackdown launched after President Xi Jinping took power in late 2012.

Fu, 67, pleaded guilty to abusing his powers in roles including minister and chief of police for the Chinese capital, Beijing, in 2005-21 to hide crimes by his brother and others, China Central Television said on its website.

In return, Fu received money and property amounting to 117 million yuan ($16.5 million), the official China Daily newspaper reported in July. Thursday's report and earlier news accounts gave no details of what Fu’s brother, Fu Weihua, was accused of doing.

Death sentences with a reprieve usually are commuted to long prison terms if the convict is deemed to have reformed.

Fu will be sentenced to life in prison without parole if his sentence is commuted, CCTV said.

“The Fed still managed to out-hawk the markets,” Anna Stupnytska of Fidelity International said in a report. “Economic strength and a hot labor market point to a limited trade-off — at least for the time being — between growth and inflation.”