Category: Corruption

NEW YORK – Standard Chartered is ramping up its bullish Bitcoin prediction, targeting as much as US$120,000 (S$161,000) by the end of 2024 – almost quadruple the current price – as increasingly cash-rich miners reduce their sales of the token. “Increased miner profitability per BTC mined means they can sell less while maintaining cash inflows, reducing net BTC supply and pushing BTC prices higher,” Geoff Kendrick at Standard Chartered wrote on Monday. Bitcoin mining is an energy-intensive process in which…

After a weekend of broiling heat waves in the Southwest and South Florida, more extreme heat is forecast to build throughout the week. Forecasters say residents of both regions should stay out of the sun as much as possible. Across the country, heat waves are getting hotter, lasting longer and becoming more unpredictable. Jeff Goodell, the author of The Heat Will Kill You First, called it a dire consequence of climate change. “We know that as we continue to burn…

“The US Department of State has finally turned into the ‘Ministry of Truth’ predicted by George Orwell and actually dictates to the American media what exactly they should write and say. In June, the Department of State issued instructions to major telecommunications holdings such as AT&T, Comcast Corporation, Graham Media Group, Nash Holdings, Newsweek Publishing, and The New York Times Company to misrepresent events in and around Russia,” the SVR said in a statement, adding that the goal is to…

BENGALURU – Nearly 900 Amazon workers at a warehouse in Britain will stage a strike for three days in the coming week over a pay dispute, labour union GMB said on Saturday. The strike will take place from July 11-13 at Amazon’s warehouse in Coventry, for two hours during the morning and two hours in the evening on the three days, GMB said in an emailed statement to Reuters. It coincides with a “Prime Day” sales event the company has…

Conflict-torn Sudan is on the brink of a “full-scale civil war” that could destabilise the entire region, the United Nations warned Sunday, after an air strike on a residential area killed around two dozen civilians. The Ministry of Health reported “22 dead and a large number of wounded among the civilians” from the strike on Khartoum’s sister city Omdurman, in the district of Dar al-Salam, which means “House of Peace” in Arabic. After nearly three months of war between Sudan’s…

SEOUL, South Korea (AP) — South Korean opposition lawmakers sharply criticized the head of the United Nations’ nuclear watchdog for its approval of Japanese plans to release treated wastewater from the damaged Fukushima nuclear power plant during a tense meeting in Seoul on Sunday, with protesters screaming outside the door. Rafael Mariano Grossi, the International Atomic Energy Agency’s director general, arrived in South Korea over the weekend to engage with government officials and critics and help reduce public concerns about…

  PROVIDENCE, R.I. (AP) — Prandy Tavarez and his wife were expecting a baby when they bought a four-bedroom house in a well-kept neighborhood of century-old homes here. They got to work making it theirs, ripping off wallpaper, upgrading the electrical and replacing windows coated in paint that contained lead, a potent neurotoxin that can damage brain development in children. That wasn’t the only lead. The pipe carrying water to their home was made of it, too. Providence’s tap water…

Dr. Jordan Peterson, the ex-University of Toronto psychology professor who gained fame for his vigorous defense of free speech, has been subjected to what is perceived as a systemic censorship effort by YouTube. A popular figure in media circles, Peterson’s prolific online presence took a hit when the video-sharing platform decided to censor his account, a move the professor lamented on social media. On Wednesday, the professor shared on Twitter a copy of the email he received from YouTube justifying…

This July 3 marks the 10th anniversary of Egyptian army chief General Abdel Fattah Sisi’s violent seizure of power in Cairo. The first democratically elected leader in 5000 years of Egyptian history, Mohamed Morsi, was swept from office, his supporters were massacred by the hundreds, and he ultimately died in prison. With US and UK support, Sisi quickly reversed any tentative democratic gains made during the country’s brief, difficult transition from the rule of longtime Western-backed autocrat Hosni Mubarak. In…

Last week, in a significant victory for free speech, a federal court stepped in to curb potential overreach by the Biden administration in its collaboration with social media platforms to suppress online content. The court ruling, issued by US District Judge Terry Doughty of Louisiana on Tuesday caused critics to complain that it hinders the administration’s efforts to counter online conspiracy theories and “disinformation.” But in the usual doublespeak in an interview with MSNBC, the former head of the government’s controversial Disinformation Governance…

  The body of missing 59-year-old Mexican journalist Luis Martín Sanchez Iniguez was found in the Mexican state of Nayarit with signs of violence, the state public prosecutor’s office confirmed Saturday. Sanchez Iniguez worked for the newspaper La Jornada. He had been missing since Wednesday and his wife filed a missing person’s report with Mexican authorities on Friday. His body was found on the outskirts of the city of Tepic. It was not immediately clear how he died, but authorities…

HOUSTON – On the afternoon of July 4, as Americans were celebrating the country’s independence with elaborate fireworks displays, a prisoner named Joseph Martire passed out in his cell in Texas, amid the excessive heat that has been swamping much of the southern United States in recent days. In concrete, brick and metal penitentiaries, industrial fans churn warm vapour without really cooling the air. And with no air-conditioning in most prisons, when outside temperatures exceed 40 deg C, it can…

On Friday, foreign minister Annalena Baerbock said that the country opposes the United States sending cluster munitions after the Biden administration announced it was considering it.  According to Reuters, Germany is one of 111 states that are part of the Convention on Cluster Munitions (CCM) and the organization also opposes the munitions which are widely denounced for killing and maiming civilians long after a war is over. “I have followed the media reports. For us, as a state party, the Oslo…

Interior Minister Gerald Darmanin and Minister Delegate for the Digital Transition and Telecommunications Jean-Noel Barrot reportedly warned platforms such as TikTok, Snapchat and Twitter of their responsibility and asked for support identifying users involved in committing offenses. France has been gripped by unrest since June 27, when a 17-year-old boy was shot dead by a police officer for failing to stop his car when ordered to do so in Nanterre, a suburb of Paris. The officer who pulled the trigger on Nahel M. has been taken into custody for voluntary manslaughter, but that has not deterred the protesters.

BEIRUT (AP) — A French court Tuesday upheld the freezing of the assets of Lebanon’s embattled central bank governor, rejecting his appeal to have them released, an official close to the investigation said. Several European countries are investigating central bank Gov. Riad Salameh and his associates over myriad alleged financial crimes, including illicit enrichment and laundering of $330 million. A French investigative judge on May 16 issued an international arrest warrant, or Interpol red notice, for the 72-year-old Salameh after…

Monday, 03 July 2023 5:02 PM Turkish authorities say they have uncovered and disrupted a vast “ghost” Mossad spy network centered in Istanbul, following months of surveillance. The substantial efforts by Turkey’s National Intelligence Organization (MIT) exposed 56 operatives allegedly spying on non-Turkish citizens in Turkey in the service of the Israeli spy agency Mossad, Turkey’s Daily Sabah newspaper reported on Monday. MIT and the Anti-Terrorism Branch of the Istanbul Police Department also managed to arrest seven of the suspected…