Author: 5amResearch
The latest on Putin and Trump: January 22, 2025
As of January 22, 2025, here are some developments concerning President Trump and Russian President Vladimir Putin. Trump’s Ultimatum to Putin on Ukraine War: President Trump has demanded that President Putin end the war in Ukraine, describing the conflict as “ridiculous.” He warned that Russia would face economic sanctions, including taxes and tariffs, if it does not cooperate. Trump emphasized his preference for an easy resolution but is prepared to implement other measures if necessary. The Sun Putin’s Response to…
Brazil’s biggest farm state seeks to weaken environmental protections
SAO PAULO – A law passed by legislators in Brazil’s largest farm state Mato Grosso that changes the classification of endangered biomes inside state borders will likely weaken environmental protections there, according to climate activists. Under the new law, areas currently located in the Amazon biome could be converted into Cerrado areas based on the height of trees. That means that Mato Grosso properties sitting on the Amazon biome, which have to keep 80% of native vegetation as per Brazil’s…
Starship explosion raises questions about risk to public, environment
The latest disintegration of a SpaceX test flight was a spectacular sight, as broken-up rocket parts streaked like jellyfish tendrils across the Caribbean sky Thursday evening. But some experts say focusing on that dazzling light show, as many people and media outlets did, highlights a lack of understanding of the environmental aftermath of these spacecraft failures. Moriba Jah, professor of aerospace engineering at the University of Texas Austin, compares it to marvelling at the beauty of a nuclear bomb’s mushroom cloud. “Being mesmerized by…
Grand Jury charges Washington man and company with MBTA hunting violations committed in Canada
A grand jury in Seattle returned an indictment today charging a Washington man and his company with conspiracy and for violating the Lacey Act by transporting birds that had been hunted in violation of the Migratory Bird Treaty Act (MBTA). The indictment alleges that, from August 2022 to January 2023, Branden Trager, 46, of Brush Prairie, Washington, and his guiding company, Mayhem Services LLC, guided three hunting parties in Canada to hunt waterfowl when Trager was not permitted under Canadian…
Climate Investment Funds secures $500 million debut bond for clean energy transition
LONDON – The multilateral Climate Investment Funds (CIF) has issued a $500 million debut bond as part of a plan to diversify its funding sources and attract private sector investors to finance low carbon technologies in emerging markets, its CEO said on Tuesday. The success of the bond, six times oversubscribed, underscores the growing importance of market-friendly issuances as nations and international agencies look to meet a $1.3 trillion climate finance goal at a time when development funds are becoming…
Tax evasion: UBS / Credit Suisse to pay a $2.5 billion fine
UBS is reportedly preparing to pay hundreds of millions of dollars to resolve allegations that Credit Suisse violated a prior agreement with the U.S. Department of Justice regarding U.S.-based customers who evaded taxes, according to the Wall Street Journal. In 2023, the U.S. Senate Finance Committee found that Credit Suisse, now owned by UBS, breached its 2014 plea agreement with U.S. authorities by continuing to assist ultra-wealthy Americans in tax evasion and concealment of more than $700 million from the…
Canadian National Sentenced to 40 Months for Multimillion-Dollar Export Control Scheme
Nikolay Goltsev, a Canadian national, was sentenced to 40 months in prison for orchestrating a multimillion-dollar export scheme that provided advanced U.S. electronic components to sanctioned Russian military companies. Goltsev used two Brooklyn-based companies to source and ship dual-use technology through intermediary front companies in countries like Turkey, Hong Kong, and the UAE, ultimately rerouting the products to Russia. The electronics, including components for precision-guided weapons, were found in Russian weapons systems used in Ukraine. Goltsev demonstrated awareness of U.S….
Former Virginia Nexus Services Owner Pleads Guilty to Employment Tax Fraud
A Virginia man and former business owner pleaded guilty yesterday to not accounting for and paying employment taxes to the IRS. According to court documents and statements made in court, Richard E. Moore, of Augusta County, was the executive vice president and part owner of Nexus Services Inc., a Verona-based company that offered bond securitization and other services to immigrants detained by U.S. Immigration and Customs Enforcement. Moore, who exercised control over Nexus’s business and financial affairs, was responsible for…
Government Contractor SAFE Structure Designs: False Claims Act Allegations for Submitting Fraudulent Bids on Prime Vendor Contracts
Johnny Buscema Jr. of New Port Richey, Florida, and his companies, S.A.F.E. Structure Designs, based in Las Vegas, and U.S.A. Manufacturing, based in New Port Richey, have agreed to pay $1,000,000 to resolve allegations that they violated the False Claims Act by causing a prime vendor for the Defense Logistics Agency (DLA) to submit fraudulent contract bids to DLA that resulted in Department of Defense (DoD) customers being overcharged for goods and related services purchased under those contracts. The settlement…
Argentina files ICC complaint against Venezuela over officer’s arrest
BUENOS AIRES – Argentina’s government said on Thursday it had filed a complaint with the International Criminal Court against Venezuela for detaining a member of its gendarmerie, a branch of Argentina’s security forces, calling it a “forced disappearance.” Tensions between the two South American countries have risen since Javier Milei, a far-right libertarian, assumed Argentina’s presidency in late 2023. These worsened after Venezuela’s contested presidential election in July, in which incumbent socialist President Nicolas Maduro claimed victory. Last month, Argentina…
KLM Boeing 737 makes emergency landing in Norway and skids off runway
A KLM Boeing 737 traveling from Oslo to Amsterdam was forced to make an emergency landing in southern Norway on Friday evening due to a technical issue shortly after takeoff, Trend reports. The aircraft safely landed at Torp Sandefjord Airport at 7:14 p.m. local time, Norwegian police confirmed. All 182 people on board, including crew members, were unharmed. The flight, which departed Oslo at 6:55 p.m., encountered trouble when passengers and crew heard a loud noise shortly after takeoff. Local…
Air Canada plane catches fire on runway after rough landing, temporarily closing airport
The Halifax airport was temporarily closed Saturday night after a plane arriving from St. John’s experienced a problem landing, which saw the plane skid down the runway and part of it catch fire. Passenger Nikki Valentine told CBC News that one of the plane’s tires did not deploy properly upon landing. “The plane started to sit at about a 20-degree angle to the left and, as that happened, we heard a pretty loud — what almost sounded like a crash…
South Korean plane crash kills more than 150
At least 151 people were killed on Sunday after a South Korean passenger jet crashed and burst into flame on landing, according to local authorities, in one of the country’s worst aviation disasters. The Jeju Air flight was returning from Bangkok with 181 people on board when it failed to deploy its landing gear, skidding down the runway before it struck a wall and was engulfed in fire at Muan International Airport in the south of the country. Two crew…
Judicial scandal surfaces in fight over bankruptcy of JC Penney
A group of JC Penney bondholders are seeking to re-litigate its Chapter 11 case, claiming that a scandal that has since ensnared one of the country’s top bankruptcy judges tainted the US retailer’s 2020 reorganisation. Eric Moore, a bondholder, described the deal clinched in bankruptcy court as a “multibillion-dollar heist” that improperly handed control of JC Penney to a select group of deep-pocketed parties including H2 Capital Partners, Simon Property Group and Brookfield, according to court filings. Moore’s challenge has…
Thousands of flights delayed across the US, one dead as tornadoes, storms hit holiday travellers
ATLANTA – Severe weather disrupted holiday travel on Dec 28 across the US with deadly tornadoes in the south-east and heavy snow and wind on the west coast, delaying or cancelling thousands of flights across the country. More than 7,000 flights in the US were delayed, according to the tracking site FlightAware, and more than 200 were cancelled. About a third of the flights were delayed at Hartsfield-Jackson International Airport in Atlanta, according to FlightAware, and nearly half of the…
At least 28 dead, two rescued in fiery aircraft crash in South Korea, Yonhap reports
At least 28 dead, two rescued in fiery aircraft crash in South Korea, Yonhap reports Audio By Carbonatix SEOUL (Reuters) – At least 28 people were killed when an airliner went off the runway and slammed into a wall at South Korea’s Muan International Airport on Sunday, Yonhap news agency reported. The accident occurred as Jeju Air flight 7C2216, carrying 175 passengers and six crew on a flight from the Thai capital Bangkok, was landing at the airport in the…