Tag: All Regions

Sam Bankman-Fried denies taking denies $10bn customer funds theft in testimony at fraud trial

FTX founder Sam Bankman-Fried began testifying at his fraud trial on Friday, saying the innovative business he hoped would move the cryptocurrency ecosystem forward ended up doing the opposite and hurting customers. The onetime cryptocurrency golden boy lost his businesses and his reputation as a pioneering entrepreneur in an emerging facet of finance when a rush of customers withdrew their money last year, exposing that billions of dollars were missing. Bankman-Fried, 31, acknowledged some of his failures early in his…

Lockdown in Maine as search for mass shooter continues

NEW DELHI: Residents of Maine had to remain locked inside their homes for the second consecutive night as law enforcement agencies launched an extensive search for Robert Card, the man believed to be responsible for the worst mass shooting in the state’s history which claimed 18 lives at a bowling alley and a bar. According to an AP report, much of Thursday’s efforts centered on a property owned by one of Card’s relatives in rural Bowdoin, where numerous heavily armed…

US Air Force Launches Two Electronic Warfare Detachments

The US Air Force (USAF) has launched two new detachments at Robins Air Force Base in Georgia to bolster the force’s electronic warfare capability. Detachments from the 350th Spectrum Warfare Wing (SWW) and the 87th Electronic Warfare Squadron (EWS) will be tasked with responding to electronic threats by developing new countermeasures. The launch is part of the standup process for the future 950th Spectrum Warfare Group, which will further assess the USAF’s combat readiness and effectiveness in electronic warfare. Two…

Pakistan International Airlines on verge of shutdown as 537 flights cancelled in 11 days due to the unavailability of fuel

ISLAMABAD (PAKISTAN): Pakistan International Airlines (PIA) is on the verge of a shutdown as it cancelled over 500 flights in the past 11 days due to the unavailability of fuel, ARY News reported. ARY News is a Pakistani news channel. PIA is facing its worst crisis in history as Pakistan State Oil (PSO) has cut its fuel supply over unpaid dues. The move forced the airline to cancel 537 flights since October 13. On Thursday, as many as 49 domestic…

Water Crisis in Iran: A Looming Environmental Disaster

Iran is currently grappling with a severe water crisis, a situation clearly underscored by the United Nations’ water status and conditions index. The crisis is most pronounced in the central plateau of Iran, where an absolute water shortage is unfolding. Regime officials have often attributed this crisis to factors like low rainfall and excessive water consumption. However, the Majlis Research Center has emphasized that mismanagement has played a pivotal role in exacerbating the situation. The parliament’s research arm has also…

US Strikes Two Sites Used by Iranian Forces in Syria: Pentagon

  The US military struck two facilities in eastern Syria used by Iran’s Islamic Revolutionary Guard Corps (IRGC) and affiliated groups, Defense Secretary Lloyd Austin said Thursday. “The precision self-defense strikes are a response to a series of ongoing and mostly unsuccessful attacks against US personnel in Iraq and Syria by Iranian-backed militia groups that began on October 17,” he said in a statement. One US citizen contractor died from a cardiac incident during the attacks, and 21 US military…

Millions of American families struggle to get food on the table, report finds

Just putting three meals a day on the table was a struggle for millions of people in the U.S. last year. That’s the sobering conclusion of a new report from the U.S. Department of Agriculture, which found hunger in the U.S. rose sharply in 2022. The report found that 44.2 million people lived in households that had difficulty getting enough food to feed everyone in 2022, up from 33.8 million people the year prior. Those families include more than 13…

Al Jazeera journalist’s family killed in Israeli airstrike

According to Al Jazeera, their Gaza bureau chief, Wael Al Dahdouh, tragically lost his wife, son, daughter, and grandson in an Israeli airstrike that occurred on Wednesday. The explosion targeted a residence in the Nuseirat refugee camp, located in central Gaza, where the family sought refuge following their displacement. “Members of the family of our colleague Wael Al Dahdouh, including his wife, son, and daughter, were martyred in an Israeli bombing,” Al Jazeera wrote in an on-air message. Al Jazeera…

Maine mass shooting suspect is an Army reservist

Editor’s note: This is a developing story and will be updated as additional information becomes available. Law enforcement officials have issued an arrest warrant for a 40-year-old Bowdoin, Maine man who is also a currently serving Army reservist, charged in the multi-location mass shooting Wednesday in Lewiston, Maine that left 18 people dead. Sgt. 1st Class Robert R. Card II is a petroleum supply specialist in the Army Reserve who enlisted in December 2002, according to Army spokesman Bryce Dubee,…

Ukrainian pilots begin F-16 training in Arizona

Ukrainian military pilots have begun learning to fly the F-16 Fighting Falcon jet in Arizona, the U.S. Air Force confirmed Wednesday. A “small number” of Ukrainians started training at Morris Air National Guard Base in Tucson this week, Air Force spokesperson Rose Riley said in an emailed statement. Morris is home to the 162nd Wing of the Arizona National Guard, an F-16 pilot training hub that hosts international students. “The training curriculum will align with the foundational knowledge and skills…

Sam Bankman-Fried to testify in his own defence in crypto fraud trial Thursday

FTX founder Sam Bankman-Fried plans to testify at his fraud trial, his lawyer told a federal judge Wednesday, ending speculation over whether a man who embraced the spotlight during his years atop the cryptocurrency world could remain silent after prosecutors portrayed him as a greedy entrepreneur who stole billions of dollars from customers. Attorney Mark Cohen told Judge Lewis A. Kaplan that he planned to call three witnesses “and then our client is also going to be testifying” after prosecutors…

Resignation of UK Tesco supermarket chain boss

The chief executive of Tesco UK is to step down after six years leading Britain’s biggest supermarket chain. Jason Tarry said he felt it was the “right time for me to move on” and revealed he would leave his post in March 2024. He will be replaced by former Aldi UK and Ireland chief executive Matthew Barnes. Mr Tarry has worked for Tesco for 33 years. He joined the firm on a graduate recruitment scheme in 1990 and worked his…

Death toll in Gaza approaches 7,000 as aid groups raise alarm about fuel, refrigeration, water

The streets of Gaza are empty of cars. Many of its bakeries are shuttered; meat suppliers have no refrigeration. Doctors perform operations by flashlight. Although 62 aid trucks have entered Gaza since last weekend carrying much-needed food, water and medical supplies, none have delivered fuel — which Israel has blocked over concerns it could be stolen and used by Hamas. As a result, aid groups have escalated their warnings, saying the lack of fuel has reached a critical point. UNRWA,…

Florida orders state universities to disband pro-Palestinian student group

The administration of Republican Florida governor Ron DeSantis has taken the significant measure of associating a pro-Palestinian student group, Students for Justice in Palestine (SJP), with terrorism. They have directed state universities to prohibit the group, alleging its support for Hamas militants who recently attacked Israel. Amid escalating Israeli actions in Gaza, several college students have shown support for Palestinians.This has led to criticism from some Jewish scholars and potential employers. However, Florida’s stance is more severe, accusing the SJP…

NY Times Tried To Block The Internet Archive

The Intercept has an interesting article that reveals another reason why some newspaper publishers are not great fans of the site: The New York Times tried to block a web crawler that was affiliated with the famous Internet Archive, a project whose easy-to-use comparisons of article versions has sometimes led to embarrassment for the newspaper. As the article explains, one of the important uses of the Internet Archive’s Wayback Machine is to compare Web pages as they are updated over time. It allows the…

21 American troops injured in Iraq and Syria drone strikes

Following several drone strikes on bases housing U.S. troops in Iraq and Syria since Oct. 16, the Pentagon has been able to confirm the attacks injured 21 American service members. The “minor” injuries occurred following separate strikes on al-Tanf garrison in Syria and al-Asad air base in Iraq on Oct. 17 and 18, Air Force Brig. Gen. Pat Ryder, a Pentagon spokesman, said in a statement Wednesday, adding that everyone has since returned to duty. “It is important to note,…