Tag: Region Americas

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…

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…

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…

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…

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…

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…

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,…

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….

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…

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…

Unverified U.S. Leak: Israel Planning to ‘Flood Hamas Tunnels With Nerve Gas Under U.S. Navy Supervision’

Palestinian resistance groups expect Israel to flood Hamas tunnels with nerve gas and chemical weapons under the surveillance of US Delta Force commandos as part of a surprise attack on the Gaza Strip, a senior Arab source familiar with the groups told Middle East Eye.Israel and the US hope to achieve the element of surprise in order to penetrate Hamas…

Murder Warrant Issued for “Armed and Dangerous” Massachusetts Air Force Vet Suspected of Gunning Down Wife

A murder warrant has been issued for an “armed and dangerous” military veteran who’s accused of fatally shooting his wife in their family home this week. Aaron Pennington was charged with murder in Gardner District Court in Massachusetts, according to the Associated Press, as the homicide investigation and search for him continues.  A manhunt has been underway for Pennington, 33, since his…

Bond markets are being hit hard — and it’s likely to impact you

There is a sharp sell-off in the bond market, and it has big implications on both the economy and people’s pocketbooks. Yields on U.S. government bonds, especially the 10-year Treasury note, determine the interest rates that people pay on a lot of their debt, including mortgages and credit cards. And a key bond yield hasn’t been this high since 2007….

China’s mideast envoy urges guarantees for Palestinians

BEIJING: China’s special Mideast envoy pinned the cause of the Israel-Gaza crisis on the lack of guarantees for Palestinian rights and urged greater coordination with Moscow in a meeting with his Russian counterpart in Qatar, a key go-between in the conflict. In the first leg of his tour in the region, China’s envoy for Middle East issues Zhai Jun landed…

Biden says support for Israel, Ukraine vital for U.S. security; will ask Congress for billions

U.S. President Joe Biden declared it is “vital for America’s national security” for Israel and Ukraine to succeed in their wars, making the case Thursday night for deepening U.S. involvement in two unpredictable foreign conflicts as he prepared to ask for billions of dollars in military assistance for both countries. If international aggression is allowed to continue, Biden said in…

Gemini, DCG sued by New York for alleged $1.5 billion crypto fraud

NEW YORK – Gemini Trust and GIC-backed Barry Silbert’s Digital Currency Group (DCG) were sued by New York’s top law-enforcement officer for allegedly defrauding customers of US$1.1 billion (S$1.5 billion), escalating legal woes for two companies hit hard by last year’s plunge in cryptocurrency markets. The lawsuit filed on Thursday by New York Attorney General Letitia James accuses Gemini, which…