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Binance's Zhao pleads guilty, steps down as CEO

Binance's Zhao pleads guilty, steps down as CEO read more. As part of a $4.3 billion settlement that ended a years-long investigation into the largest cryptocurrency exchange in the world, Changpeng Zhao, the CEO of Binance, resigned and entered a guilty plea to violating US anti-money laundering rules, according to authorities on Tuesday. Prosecutors characterized the agreement, in which Zhao would pay $50 million personally, as one of the biggest corporate fines in American history. It is just another setback for the probe-plagued cryptocurrency sector, following the recent fraud conviction of FTX creator Sam Bankman-Fried. However, a number of legal experts stated that Zhao was fortunate to have his enormous riches preserved and to be able to keep his ownership in Binance, the exchange he started in 2017. Authorities alleged that Binance violated US anti-money laundering and sanctions rules and neglected to disclose over 100,000 suspicious transactions with entities the US designated as terrorist groups, such as Hamas, al Qaeda, and the Islamic State of Iraq and Syria. The exchange was one of the biggest receivers of ransomware proceeds, they added, and it never reported transactions with websites offering materials on child sexual abuse. U.S. Attorney General Merrick Garland stated on Tuesday that "Binance made it easy for criminals to move their stolen funds and illicit proceeds on its exchanges." Furthermore, Binance did more than merely break federal law. It made a show of complying. A portion of the charges—both criminal and civil—have to do with actions that Reuters originally covered in a string of pieces in 2022. According to the New York Times, the Justice Department, which oversaw the settlement negotiations with the Treasury Department and the Commodity Futures Trading Commission (CFTC), is requesting that Zhao serve the maximum 18 months in prison allowed by federal regulations. The CFTC announced that it has charged Samuel Lim, the former chief compliance officer of Binance. Requests for comment were not immediately answered by Lim or his attorneys. Prosecutors claimed that as part of the agreement, Binance would forfeit an additional $2.51 billion and pay $1.81 billion within the next 15 months. Zhao, a billionaire who immigrated to Canada when he was twelve years old, was born in China entered a guilty plea on Tuesday afternoon in a Seattle court. "Today, I stepped down as CEO of Binance," Zhao said in a tweet after the settlement was announced. "Admittedly, it was not easy to let go emotionally. But I know it is the right thing to do. I made mistakes, and I must take responsibility. This is best for our community, for Binance, and for myself."

Today, I stepped down as CEO of Binance Authorities have been looking into Zhao and Binance for years, but Zhao's departure is a significant change for Binance and one of the most influential people in the cryptocurrency space. The transaction casts doubt on the viability of the cryptocurrency exchange that he retains tight control over. According to Zhao's statement, Binance's veteran executive Richard Teng will take charge. "These resolutions acknowledge our company’s responsibility for historical, criminal compliance violations, and allow our company to turn the page," Binance stated in a statement. Teng stated in a different statement that "reassuring users that they can remain confident in the financial strength, security and safety of the company" would be his top goal. Even though the fee was very high, Yesha Yadav, a law professor at Vanderbilt University, said it seemed doable for Binance. "This deal...looks structured to give Binance an opportunity to live another day, while removing CZ, a figurehead who has been so integral to the growth of a business model," she stated. Yadav noted that Zhao might still be able to have an impact on Binance because he seems to be holding onto his interest in the business. Zhao is estimated by Forbes to be worth $10.2 billion. Robert Frenchman of Mukasey Frenchman LLP stated that Zhao seemed to have "come out of this looking pretty good" considering the gravity of the infractions and the players involved and that the U.S. government probably had to coax him to come to the country., "come out of this looking pretty good," according to Robert Frenchman of Mukasey Frenchman LLP, who speculated that the US government may have had to bribe him to visit the country. Frenchman stated, "He still has enormous wealth." He is not going to be imprisoned in the United States for very long. He continues to possess stock in Binance, a business that has recently resolved several of its most significant legal problems." In order to persuade Binance to agree to pay a substantial amount, prosecutors probably considered Zhao's advantages above the chance that he might not have turned himself in otherwise, according to Jeffrey Cohen, a former federal prosecutor and assistant professor at Boston College Law School. If an appropriate figure for a corporate fine and "If you can get a good number for a corporate fine and the cost is that the individual defendants take a slightly lesser penalty, the government makes that calculation," Cohen stated. According to Reuters last year, Binance has been the subject of the Justice Department investigation since at least 2018, which is only one of several legal issues the company is facing in the US. In December 2020, the company was requested by federal prosecutors to furnish internal documents concerning its attempts to combat money laundering, as well as correspondence pertaining to Zhao. In March, the CFTC brought civil accusations against Binance, claiming that the company had neglected to put in place a reliable anti-money laundering mechanism that would have identified and stopped the funding of terrorism. Authorities and staff at Binance admitted internally that the platform supported "potentially illegal activities," according to the CFTC. The CFTC stated that Binance's Lim was notified in February 2019 of transactions made on Binance by the terrorist Palestinian organization Hamas. A coworker was informed by Lim, a Singaporean, that terrorists typically send "Large sums constitute money laundering, just as small sums' do," the CFTC stated in its case from March. Former federal prosecutor and partner at Buchalter Law Group Daniel Silva stated that the accusations made against Zhao probably would have supported charges of money laundering or fraud, which carry harsher penalties. SEE ALSO: IMF grades China’s 2023, 2024 GDP growth forecast

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Binance's Zhao pleads guilty, steps down as CEO

Binance's Zhao pleads guilty, steps down as CEO read more. As part of a $4.3 billion settlement that ended a years-long investigation into the largest cryptocurrency exchange in the world, Changpeng Zhao, the CEO of Binance, resigned and entered a guilty plea to violating US anti-money laundering rules, according to authorities on Tuesday. Prosecutors characterized the agreement, in which Zhao would pay $50 million personally, as one of the biggest corporate fines in American history. It is just another setback for the probe-plagued cryptocurrency sector, following the recent fraud conviction of FTX creator Sam Bankman-Fried. However, a number of legal experts stated that Zhao was fortunate to have his enormous riches preserved and to be able to keep his ownership in Binance, the exchange he started in 2017. Authorities alleged that Binance violated US anti-money laundering and sanctions rules and neglected to disclose over 100,000 suspicious transactions with entities the US designated as terrorist groups, such as Hamas, al Qaeda, and the Islamic State of Iraq and Syria. The exchange was one of the biggest receivers of ransomware proceeds, they added, and it never reported transactions with websites offering materials on child sexual abuse. U.S. Attorney General Merrick Garland stated on Tuesday that "Binance made it easy for criminals to move their stolen funds and illicit proceeds on its exchanges." Furthermore, Binance did more than merely break federal law. It made a show of complying. A portion of the charges—both criminal and civil—have to do with actions that Reuters originally covered in a string of pieces in 2022. According to the New York Times, the Justice Department, which oversaw the settlement negotiations with the Treasury Department and the Commodity Futures Trading Commission (CFTC), is requesting that Zhao serve the maximum 18 months in prison allowed by federal regulations. The CFTC announced that it has charged Samuel Lim, the former chief compliance officer of Binance. Requests for comment were not immediately answered by Lim or his attorneys. Prosecutors claimed that as part of the agreement, Binance would forfeit an additional $2.51 billion and pay $1.81 billion within the next 15 months. Zhao, a billionaire who immigrated to Canada when he was twelve years old, was born in China entered a guilty plea on Tuesday afternoon in a Seattle court. "Today, I stepped down as CEO of Binance," Zhao said in a tweet after the settlement was announced. "Admittedly, it was not easy to let go emotionally. But I know it is the right thing to do. I made mistakes, and I must take responsibility. This is best for our community, for Binance, and for myself." Authorities have been looking into Zhao and Binance for years, but Zhao's departure is a significant change for Binance and one of the most influential people in the cryptocurrency space. The transaction casts doubt on the viability of the cryptocurrency exchange that he retains tight control over. According to Zhao's statement, Binance's veteran executive Richard Teng will take charge. "These resolutions acknowledge our company’s responsibility for historical, criminal compliance violations, and allow our company to turn the page," Binance stated in a statement. Teng stated in a different statement that "reassuring users that they can remain confident in the financial strength, security and safety of the company" would be his top goal. Even though the fee was very high, Yesha Yadav, a law professor at Vanderbilt University, said it seemed doable for Binance. "This deal...looks structured to give Binance an opportunity to live another day, while removing CZ, a figurehead who has been so integral to the growth of a business model," she stated. Yadav noted that Zhao might still be able to have an impact on Binance because he seems to be holding onto his interest in the business. Zhao is estimated by Forbes to be worth $10.2 billion. Robert Frenchman of Mukasey Frenchman LLP stated that Zhao seemed to have "come out of this looking pretty good" considering the gravity of the infractions and the players involved and that the U.S. government probably had to coax him to come to the country., "come out of this looking pretty good," according to Robert Frenchman of Mukasey Frenchman LLP, who speculated that the US government may have had to bribe him to visit the country. Frenchman stated, "He still has enormous wealth." He is not going to be imprisoned in the United States for very long. He continues to possess stock in Binance, a business that has recently resolved several of its most significant legal problems." In order to persuade Binance to agree to pay a substantial amount, prosecutors probably considered Zhao's advantages above the chance that he might not have turned himself in otherwise, according to Jeffrey Cohen, a former federal prosecutor and assistant professor at Boston College Law School. If an appropriate figure for a corporate fine and "If you can get a good number for a corporate fine and the cost is that the individual defendants take a slightly lesser penalty, the government makes that calculation," Cohen stated. According to Reuters last year, Binance has been the subject of the Justice Department investigation since at least 2018, which is only one of several legal issues the company is facing in the US. In December 2020, the company was requested by federal prosecutors to furnish internal documents concerning its attempts to combat money laundering, as well as correspondence pertaining to Zhao. In March, the CFTC brought civil accusations against Binance, claiming that the company had neglected to put in place a reliable anti-money laundering mechanism that would have identified and stopped the funding of terrorism. Authorities and staff at Binance admitted internally that the platform supported "potentially illegal activities," according to the CFTC. The CFTC stated that Binance's Lim was notified in February 2019 of transactions made on Binance by the terrorist Palestinian organization Hamas. A coworker was informed by Lim, a Singaporean, that terrorists typically send "Large sums constitute money laundering, just as small sums' do," the CFTC stated in its case from March. Former federal prosecutor and partner at Buchalter Law Group Daniel Silva stated that the accusations made against Zhao probably would have supported charges of money laundering or fraud, which carry harsher penalties. SEE ALSO: IMF grades China’s 2023, 2024 GDP growth forecast Read the full article

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Riyadh showdown 2024 set for Ronaldo and Messi

Riyadh showdown 2024 set for Ronaldo and Messi find out. In February of next year, Lionel Messi's Inter Miami and Cristiano Ronaldo's Al Nassr will square off in the Riyadh Season Cup. eight-time winner of the Ballon d'Or Messi, a five-time Ballon d'Or winner, is anticipated to face Ronaldo, who joined the US team in July and spurred a League Cup title run against US and Mexican clubs. Messi, who was key to Argentina's World Cup victory last year, has long been Ronaldo's opponent as captain of Portugal. The forthcoming Riyadh Season Cup 2024 is expected to be a global football showcase featuring legendary players from all over the world coming together for an international match. Miami's Inter, led by the renowned Lionel Messi, is not only dependent on the Argentine superstar but also features former Barcelona teammates Jordi Alba and Sergio Busquets. Together, these three won an astounding five La Liga titles while they were at the storied Spanish team. On the other side, former Inter Milan captain Marcelo Brozovic, former Liverpool star Sadio Mane, and five-time Champions League winner Cristiano Ronaldo head Al Nassr. Their combined strength creates the conditions for a hard challenge. Interestingly, Ronaldo made his debut in Saudi Arabia in January of last year, playing for Al Nassr. He played in a Riyadh All-Star XI that faced a star-studded Paris Saint-Germain team in an unforgettable match. This game, which featured players like Messi, Neymar, Kylian Mbappe, and Sergio Ramos, ended with a dramatic 5-4 win for PSG, perfectly capturing the alluring spirit of on-field greatness. SEE ALSO: Messi wins eighth Ballon d’Or Award sets Record. Read the full article

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Police in charge of Rivers Assembly Complex

The Nigerian Police is now in charge of Rivers Assembly Complex It was learned that a number of lawmakers sat on Tuesday, albeit the exact cause of the increased security could not be readily determined. Martin Amaewhule, the speaker of the house, was reportedly joined by 25 other politicians in an early Tuesday morning meeting. Two issues pertaining to the Legislative Staff Association of Nigeria's strike suspension were purportedly discussed by the legislators. The State Commissioner for Police, Olatunji Disu, was also urged by them to look into the explosion that occurred at the Assembly and destroyed a number of properties, including the sacred Chamber. Governor Siminalayi Fubara was also given a vote of confidence by the other legislators, who were led by the divisive Speaker Edison Ehie. They applauded the governor for his efforts to maintain calm in the state through security measures and developmental advancements after rising from a Tuesday sitting. During an announcement signed by Legislative Aide Ken Uchendu, Ehie stated that guiding the state's development for the benefit of its citizens requires a man of vision. The group decided to consistently provide the governor with the backing he needs to carry out his agenda of continuity and consolidation for the good of the State. The member also denounced the burning of the House of Assembly and the Sunday night attack on Ehie's home. The governor was urged by the parliamentarians to get the repair project underway as quickly as feasible. ALSO READ: Wike, Fubara clash and bomb explodes inside assembly complex Read the full article

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Musk's SpaceX Starship Rocket Lost after Launch

Musk's SpaceX Starship Rocket Lost after Launch. After the automated flight termination system went off during this morning's test flight, SpaceX's Starship was lost from communication by engineers approximately ten minutes into the flight. This is the company’s second effort to launch a Starship on a near-orbital journey, which would have covered nearly the entire globe in ninety minutes. April saw the failure of another test flight, which detonated four minutes after takeoff, scattering debris all over the surrounding area. The launch today occurred at SpaceX's Starbase facility located near Boca Chica, Texas, as it did previously. However, on this occasion, all 33 Raptor engines seemed to fire correctly, and the Starship's stage separation from the Super Heavy booster proceeded essentially according to schedule. The car made it through max q or the point in which the atmosphere and its own velocity are exerting the greatest pressure on it throughout its climb. The Starship and Super Heavy rocket separated about three minutes after launch. Then, the booster exploded, a phenomenon that SpaceX officials usually refer to as "rapid unscheduled disassembly," or RUD. Even with the Super Heavy booster's RUD, today has been extraordinarily successful thus far, according to SpaceX quality systems engineer Kate Tice during the company webcast. However, SpaceX mission control lost touch with Starship and stopped receiving data before it could enter orbit. The autonomous flight termination mechanism activated at around minute twelve, ending the flight and causing the second stage to undergo RUD as well. Starship was supposed to splash down at about 8:30 central time off the coast of Kauai, Hawaii, having reached an altitude of roughly 146 miles if it had been able to fly. This is the second time a test flight of the Starship has started off well but failed a few minutes into the trip. As stated by SpaceX later discovered that propellant escaped from the Super Heavy rocket during the opening few minutes of the April mission, causing burns that broke the link with the main flight computer, according to a statement on the company's website. SpaceX found that this is the reason the upper stage and rocket did not separate. When the engineers had to abort, they lost control of the vehicle and used the flight termination mechanism to blow up the rocket. In a statement published on the company website on November 10, SpaceX officials stated that the first, quick test flight on April 20 "provided numerous lessons learned." Elon Musk, the CEO of SpaceX, called the explosion in April a "rock tornado" because it wrecked the launch pad and sprayed debris all around. Consequently, SpaceX and an integrated "mishap investigation" was carried out by the US Federal Aviation Administration. Observers included representatives from the US National Transportation Safety Board and NASA. On September 8, the FAA concluded the procedure and stated that before Starship could take off again, SpaceX needed to address 63 issues related to debris mitigation, redesign vehicle components to stop leaks and fires, and redesign the launch pad. According to the November 10 statement, SpaceX later improved the rocket with "a hot-stage separation system and an electronic thrust vector control system for the Super Heavy's engines" and the launch infrastructure with "reinforcements to the pad foundation and a water-cooled steel flame deflector." In the meantime, the US Fish and Wildlife Service was obliged to conduct an investigation as part of the procedure. the improved Boca Chica launch site's implications on the surrounding ecosystem, as it is close to a public beach and a wildlife preserve. That review was started by the agency in October. The region is home to numerous endangered and threatened species, including as the Northern Aplomado Falcon, the Five Species Sea Turtle, the Gulf Coast Jaguarundi, and ocelots. William Gerstenmaier, the vice president of construction and flight reliability at SpaceX, and other senior officials expressed their apparent frustration with the drawn-out regulatory process in October during infrequent media appearances, claiming that the government isn't keeping up with the industry's rapid advancements. Gerstenmaier and other business leaders from the space sector also took part in a US Senate hearing, where they demanded fewer rules and greater resources from the FAA to provide launch permits. Musk, meanwhile, bemoaned the laws and regulations on X. He wrote, "With every year that goes by, we bind ourselves with more and more cords, until, like Gulliver, we are immobile." When WIRED asked the FAA for comment regarding how long it would take to investigate and review the accident before granting a new launch license, the agency did not reply. On October 31, the FAA completed the review's safety section, and on November 15, the Fish and Wildlife Service completed its environmental assessment. The agency came to the conclusion that there are no new environmental dangers associated with the enhanced launch location or rocket. Just two days prior to today's Starship flight on November 17, the FAA granted launch authority for the mission.  Both agencies might have closed and the launch authorization could have been delayed by a potential government shutdown. In a statement, the FAA said that SpaceX "met all safety, environmental, policy, and financial responsibility requirements." The Fish and Wildlife officials concentrated their attention on SpaceX's new water deluge system, which was the most significant modification. The agency's scientists were allegedly shocked that SpaceX didn't have flame suppression technology similar to this for Starship—a requirement for the industry and space agency—after the first launch. These devices are used to disperse some of the noise and heat that a rocket produces. Under SpaceX's new technology, 358,000 gallons of water are flooded into steel plates from underground tanks and then released through holes in the plating, as the Fish and Wildlife Evaluation explains it. It was described as a "massive super strong steel shower head pointing up" by Musk in April. Starship, a massive rocket from SpaceX, breaks the sound barrier. NASA's massive rocket On Saturday, Nov. 18, Starship launches for a test flight from Starbase in Boca Chica, Texas, breaking the sound barrier. Why Mysteriously Reincarnated Teslas in Ukraine Are Totaled in the US Evaluations of this second test flight will demonstrate how well SpaceX's new technology reduces pollutants and debris. It is evident that the absence of such a system will be ineffective. Steel can't break like concrete did on the first launch because it is a ductile material, not brittle, according to Phil Metzger, a planetary scientist at the University of Central Florida who investigates the space economy. According to our investigation, hot gas was forced through the fissures in the concrete by pressure. The pad was under tension from the launch, and it blasted apart. It resembled a little volcanic eruption in that it was literally an explosion. However, Metzger is certain that the new deluge system will address this issue and that there aren't any serious concerns about debris or tainted deluge water. The investigation conducted by Fish and Wildlife involved a review of the water after SpaceX conducted static fire tests in August. The water included high quantities of iron, aluminium, and zinc (components of stainless steel), but a second test revealed reduced concentrations of those metals. Environmental scientists like David Newstead of Texas's Coastal Research Institute will not be comforted by that. Program for Bend Bays and Estuaries. "I wouldn't want that floodwater to occur right next door to me because it flows into the nearby wildlife refuge," he says. Local and environmental organizations sued SpaceX and the FAA on May 1, claiming the latter neglected to thoroughly look into any possible environmental effects of SpaceX's Starship program in Boca Chica. The lawsuit is still pending. When WIRED asked SpaceX for comment, the company did not reply. Within the next two or three years, SpaceX and its partners are banking on Starship to fly safely. To test the hardware and software of rockets and spacecraft, as well as the performance of the heat shield during reentry, the business will require a significant number of flights. SpaceX is striving to achieve its significant contracts with NASA for the Artemis 3 and 4 lunar landing missions between 2026 and 2028. (NASA announced a moon lander contract with SpaceX rival Blue Origin for the Artemis 5 moon mission in 2029, just weeks after the first Starship test flight failed.) Later this decade, SpaceX also plans crewed spaceflights with private passengers on board Starship: these are for the third Polaris Program spaceflight, led by billionaire CEO of Shift4 Payments Jared Isaacman, and for the DearMoon project, funded by Japanese billionaire Yusaku Maezawa. Isaacman led the first Polaris voyage onboard a SpaceX Dragon early in 2022, which included up to five days in the air. He also flew Inspiration 4, SpaceX's first all-civilian Crew Dragon flight, in 2021. both the first commercial spacewalk and Earth orbit. ALSO READ: New York surgeons reveal the first eye transplant in history Read the full article

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Meet the Winner of the Miss Universe 2023.

The New Miss Universe 2023 is a 23-year-old Miss Nicaragua, Sheynnis Palacios, who took home the 72nd Miss Universe crown. On November 18, the Miss Universe competition, which lasted three hours and featured 84 women worldwide competing for the coveted title, was webcast live from José Adolfo Pineda Arena in San Salvador, El Salvador. Following the tabulation of the votes, Miss Nicaragua, Sheynnis Palacios, 23, was crowned the 72nd Miss Universe. Sheynnis was crowned Miss Universe 71st American R'Bonney Gabriel following a competition that included interviews, evening dresses, swimwear, and community impact competitions. Miss Universe 23-year-old Sheynnis Palacios made history by becoming the first female winner from Nicaragua. Pageants are nothing new to the model community developer from Nicaragua. She was previously crowned Miss World 2020 in Nicaragua. Managua, Nicaragua, is the native city of Palacios. She pursued a degree in mass communication at the Universidad Centroamericana. She represented the university in varsity volleyball at the same time. Sheynnis was asked, "What qualities and values guide you as a leader and role model for others?" after placing in the Top 5. The answer that placed her in the top three was: "The quality that has inspired me and has inspired millions of women and girls is humility and to be able to appreciate all of the little things because that’s where the most valuable thing is: the essence of being human."She was then asked, "If you could live one year in another woman's shoes, who would you choose and why?" after placing in the Top 3. "I would choose Mary Watson-Brad because she opened the gap and gave an opportunity to many women," was her winning comment, which helped her win the title. The thing I would do is want that salary difference to close so that women are not restricted and can work in any field they desire. In 1750, that was. We are currently creating history in 2023." SEE ALSO: Davido wrote, “Delay is not denial,” after his first Grammy nominations Read the full article

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Maryanne Trump Barry, a retired judge and former President Trump's sister, dies at 86

Maryanne Trump Barry, a retired judge and former President Trump's sister, dies at 86. Maryanne Trump Barry, the eldest sister of former President Donald Trump and a retired federal judge, passed away at 86 in her New York residence. Barry served as a senior judge on the 3rd U.S. Circuit Court of Appeals, a subordinate court to the Supreme Court, until her retirement in 2019. According to the New York Police Department, when authorities arrived at Barry's Manhattan residence shortly before 4:30 a.m., they found an 86-year-old woman dead. It was unclear at first what caused the death. A court official who spoke on the condition of anonymity verified her death because neither the court nor Trump's family had made the announcement in the public eye. Trump's team did not immediately answer a request for the response, but the eldest son of the former president, Donald As he left a Manhattan courtroom on Monday, Trump Jr. said a few words about his aunt and mentioned that it had been a "rough day for myself and my family." After testifying in a civil fraud trial, Trump Jr. told reporters that he learned of the news as soon as he arrived at the courthouse on Monday morning. Her grandson and I have a good relationship. We spend so much time together. It's evidently a difficult day for that, he continued. Ronald Reagan, the former president, nominated Barry to the federal court in New Jersey in 1974, and he went on to become an Assistant U.S. Attorney before becoming a judge. Later on, she was promoted by former President Bill Clinton to the U.S. Court of Appeals. 2019 saw her retire amid an inquiry into the tax practices of her family. Ivana Trump's "beautiful life" is remembered by Donald Trump on the day of her funeral. Ivana Trump's "beautiful life" is remembered by Donald Trump on the day of her funeral. Barry had mostly avoided the spotlight during her brother's presidency, but she made news when her niece, Mary Trump, disclosed that she had videotaped her aunt in secret while promoting a book critical of the outgoing president. Throughout the recordings, Barry was heard disparaging her brother harshly, claiming the former president "has no principles" and is "cruel." Barry stated in a 2006 immigration case that courts had insufficient discretion in determining who should be allowed to stay in the United States due to strict laws that were in place years before her brother was elected president. compelling "knee-jerk" judgments. The case concerned Malachy McAllister, a man from Northern Ireland, who was refused refuge by the panel in the 3rd Circuit, which she sat on. Barry called for federal intervention in this case. I do not think that the old plea, 'Give me your tired, your hungry, your huddled masses longing to breathe free...' is any longer sincere. Barry remarked, "But if it is, shame on us," alleging that McAllister's acts coincided with the Irish's desire to overthrow more than eight centuries of British domination. Former paramilitary Irish National Liberation Army member McAllister was found guilty in the 1981 wounding of a British police officer. Barry's sharp sense of humour was also well-known; this was demonstrated in a 2015 dispute about fan access to NFL game passes. Barry's colleagues quipped that the pope was completely ignoring New Jersey when the NFL equated the allocation policy to Catholic parishes receiving a bountiful amount of tickets to see him in Philadelphia. "We're not used to it," joked Barry. Trump has one surviving sibling, his sister Elizabeth Trump Grau. He was one of five children. Following the death of his younger brother, Robert Trump, at the age of 71 in 2020, the former president hosted a memorial service at the White House. At the age of 42, Fred Trump Jr., his elder brother, passed away from a heart attack, which the family attributed to drunkenness. In 2022, Ivana Trump, the ex-wife of Donald Trump, passed away at the age of 73. SEE ALSO: Trump calls the Imprisoned US. Capitol protesters ‘hostages’ Read the full article

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Biden presses for the US to resume military ties with China

Biden presses for the US to resume military ties with China. Days before the president and the Chinese leader are scheduled to meet, White House national security advisor Jake Sullivan stated on Sunday that U.S. President Joe Biden wants to restore military-to-military ties with China. During the Asia-Pacific Economic Cooperation summit in San Francisco on Wednesday, Biden will have his first face-to-face meeting with Chinese President Xi Jinping in a year. Since Biden assumed office in January 2021, this will be just the leaders' second face-to-face encounter. "The president is determined to see the re-establishment of military-to-military ties because he believes it's in the U.S. national security interest," Sullivan said on CBS's "Face the Nation." "We need those lines of communication so that there aren't mistakes or miscalculations or miscommunication." Returns military relations, according to Sullivan, may occur "on the water and in the air in the Indo-Pacific," as well as at all levels, from senior leadership to tactical operating level. On November 14, 2022, in Bali, Indonesia, US President Joe Biden meets with Chinese President Xi Jinping during the G20 leaders' summit. While Sullivan declined to disclose more information, he stated on CNN's "State of the Union" that Biden will aim to "advance the ball" on military ties during his meeting with Xi. "Those lines of contact have essentially been cut off by the Chinese. Sullivan stated, "President Biden would like to reestablish that." "This is a top agenda item." Expected topics of discussion between Biden and Xi include the fighting in Israel-Hamas, Russia's invasion of According to a senior U.S. official, these include artificial intelligence, fentanyl production, human rights, North Korea's connections to Russia, Taiwan, the Indo-Pacific, and Ukraine, as well as "fair" trade and commercial relations. Biden's order to fire down a suspected Chinese surveillance balloon that was flying above the United States in February caused tensions to flare between the two nations. To reestablish contact and confidence, however, senior Biden administration officials have recently been to Beijing and spoken with their counterparts. source credit ALSO READ: G7 ministers have united to demand a humanitarian pause in the Gaza fighting Read the full article

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Dangote refinery obtains a licence to refine Crude in Nigeria

Dangote refinery obtains a licence to refine Crude in Nigeria. The richest man in Africa, Aliko Dangote, announced that his refinery would soon start processing gasoline after obtaining a license to refine over 300,000 barrels of Nigerian crude daily. According to Bloomberg, Dangote stated, "We want to start our refinery with Nigerian crude, not with foreign goods," during a Riyadh interview conducted with the Saudi-Nigeria business roundtable. He said, "You will see our gasoline products soon. We're more than ready." The refinery was set to begin operations in August but has missed multiple deadlines over the years. However, Dangote is adamant that "very very soon" his refinery would begin to produce. The Nigerian gasoline supply is the refinery's top priority before supplying other markets, such as the West African region, he claimed. Dangote Petroleum Refinery Executive Director Devakumar Edwin said the refinery was importing crude oil and would be receiving its first shipment in roughly two weeks. Despite trading crude oil on behalf of Nigeria, the Nigerian National Petroleum Company Limited had committed its petroleum to other entities, according to Edwin in an interview with S&P Global Commodity Insights at the time the article was published. Head of State Election Real-Time Reports NNPCL will supply six million barrels of crude oil to the Dangote refinery. Crude scarcity postpones Dangote refinery's launch and those of five others. Encouraging exports other than oil in the face of limited foreign exchange. The head of the Dangote refinery did not reveal which other organizations were getting the oil company's petroleum, but the NNPCL previously revealed in August that it had partnered with the African Export-Import Bank to exchange $3 billion in crude oil for loans. According to Dangote, whose wealth is estimated by the Bloomberg Billionaires Index at $16.2 billion, the 650,000 barrel-per-day facility will receive crude from other Nigerian producers as well as the nation's state oil company. It is anticipated to produce 27 million litres of diesel, 11 million litres of kerosene, and nine million litres of jet fuel. Nigeria produced 1.49 million barrels of oil per day in a month, the most in nearly two years, after increasing its output by 60,000 barrels per day. As it increases its oil output, the West African country has introduced a new grade of petroleum called Nembe through a joint venture. The crude stream of Nembe is anticipated to be run and marketed by a joint venture between the oil company Aiteo Eastern E&P Co. Ltd. and the state-owned Nigerian National Petroleum Company (NNPC). The OPEC member's capacity to meet its quota has been severely hampered by crude theft and attacks on pipelines in the Niger Delta, which has made it difficult for the Nigerian government to reach its revenue targets. SEE ALSO: Kaduna refinery will begin Operations in 2024   Read the full article

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Davido wrote, "Delay is not denial," after his first Grammy nominations.

Davido wrote, "Delay is not denial," after his first Grammy nominations. The Grammy nomination of David Adeleke, better known by his stage as Davido, the Nigerian Afrobeats sensation, has him ecstatic. The "OBO" crooner received three nominations overall for the 66th Grammy Awards. In the Best Global Music Album category, his fourth studio album "Timeless" received a nomination; in the Best African Music Performance and Best Global Music Performance categories, his albums "Unavailable" and "Feel" received nominations. The happy singer celebrated his accomplishment by writing, via his X handle, "3 nominations at the Grammys! It is not denial to delay! Davido is a contestant for the Best Global Music Performance award, along with Burna Boy, Arooj Aftab, Silvana Estrada, Béla Fleck, Falu, and Gaurav Shah. Additionally, he would clash with Bokante, Susana Baca, Burna Boy, and Shakti in the Category for Best Global Music Album. His competitors in the Best African Music Performance category were Asake, Ayra Starr, Burna Boy, and Tyla from South Africa. SEE: Rema first Nigerian to perform at the Ballon d’Or ceremony. Read the full article

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Myanmar junta faces the biggest test since the Coup

Myanmar junta faces the biggest test since the coup.  According to a rebel commander, diplomats, and analysts, a rebel alliance has taken control of parts of northern Myanmar, including districts that border China. This is the military junta's biggest defeat since the coup of 2021. The worst fighting has occurred in the northern Shan state of Myanmar, close to the country's border with China. Three strong ethnic armed groups have united to launch an offensive that has captured several towns and military outposts in recent weeks. The president of Myanmar, who was appointed by the military, declared on Thursday that the inability to properly combat the insurgency was putting the nation in danger of disintegrating. On Friday, China's foreign ministry stated that Beijing would guarantee security and stability at its border with Myanmar and urged all parties to take action in response to its neighbour's worsening circumstances. parties there to end their argument right away. The United States Institute of Peace think tank stated that anti-junta fighters using "unprecedented coordination" have taken control of 100 military outposts and that the junta is likely to lose control of important border crossings that are responsible for 40% of cross-border trade and a significant source of tax revenue. The United Nations said on Friday that about 50,000 people had been forced to flee Shan, where artillery shelling and airstrikes are still occurring, and some of them had crossed into China. According to a diplomat with knowledge of the attack, which opposition groups have dubbed "Operation 1027" due to the day it began, "it is very significant." Regarding the military of Myanmar, the ambassador stated, "This is the weakest the Tatmadaw has been since the coup," requesting anonymity. That opinion was echoed by two other diplomats. Requests for comment were not answered by a junta spokeswoman. The Bamar People's Liberation Army, led by Maung Saungkha, provided troops for the offensive. Maung Saung Kha told Reuters that the rebel group had been preparing to face the more heavily armed military for over a year. He referred to the public rebellion against the junta that overthrew a democratically elected government led by Nobel laureate Aung San Suu Kyi in February 2021 as "the biggest and most successful of the Spring Revolution" when he announced that operation. As per the statement of an advisor to the National Unity Government, the parallel civilian administration of Myanmar that has supported independent attacks on towns in the Sagaing division, resistance organizations are collaborating closely to put further strain on the already overworked military. opportunity will never, ever come again," the adviser stated, choosing not to give their identity. According to analysts and resistance commanders who spoke with local media, rebel soldiers have so far encountered surprisingly light resistance from the military. According to the diplomats, the offensive increases pressure on the military leadership, which is already dealing with harsh economic sanctions, a lack of foreign currency, and a corruption crisis that has ensnared numerous junta leader Min Aung Hlaing's cronies. Border disputes have also soured relations between China and Myanmar. According to the diplomats, Beijing's opposition would have prevented the latest offensive, which was spearheaded by the "Brotherhood Alliance" and included the Arakan Army, Myanmar National Democratic Alliance Army, and Ta'ang National Liberation Army, from taking place in Beijing. Pressure to crack down on criminal syndicates operating big telecom schemes and other online frauds out of border areas has been applied to Myanmar in recent months. The coalition said they planned to eliminate those enclaves, which they claimed were shielded by the junta, in a statement declaring the operation. However, China has also demanded a truce and acknowledged this week that there had been Chinese casualties as a result of gunfire from the battle in Myanmar spilling over, as it looks to safeguard significant economic assets in the region. Even though the junta has lost some of its territory, the ambassadors stated that it was unlikely that the military forces would fall anytime soon. "If the government can put up a strong defence, it is probably capable of reopening the trade channels with China," said International Crisis Group senior Myanmar adviser Richard Horsey. "If not, this will be seen as a sign of historic weakness." source credit SEE ALSO: G7 ministers have united to demand a humanitarian pause in the Gaza fighting. Read the full article

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New York surgeons reveal the first eye transplant in history.

New York surgeons reveal the first eye transplant in history. Despite the fact that the patient has not yet regained sight in the affected eye, New York surgeons declared on Thursday that they have successfully completed the first-ever whole-eye transplant in a human. The surgical team at NYU Langone Health reports that in the six months following the procedure, which was done during a partial face transplant, the grafted eye has demonstrated significant indicators of health, such as functional blood vessels and a promising-looking retina. Dr. Eduardo Rodriguez, the team leader, stated, "The fact that we transplanted an eye is a huge step forward, something that has been thought about for centuries, but it has never been performed." Up until now, physicians have only been able to replace the cornea, which is the transparent outer layer of the eye. Aaron James, 46, an Arkansas native and former military veteran, is the receiver of the eye. He survived a high-voltage electrical accident at work that left him without a left eye, nose, or mouth. The transplant procedure took twenty-one hours. Rodriguez stated in a Zoom interview that at first, the eyeball was just going to be included in the face transplant for cosmetic purposes by the physicians. "It would be amazing if there was some kind of vision restoration, but our main objective was to execute the technical procedure" and ensure the eyeball survived, Rodriquez continued. He said that everything that occurs from now on will be observed. As of right now, the optic nerve in the transplanted eye is not connecting with the brain. To promote the connection's healing was aware that his vision in the donated eye might not return. He claimed that the physicians had informed him from the beginning that they "never expected it to work at all." "Even though I can't see, perhaps you can all learn something to help the next person," I said to them. That's how you begin," he remarked. "Perhaps this creates a new avenue." Rodriguez stated that James might yet be able to see with the transplanted eye. Nobody can really say that he will see, in my opinion. However, they also cannot assert that he won't see," Rodriguez stated. "We're pretty happy with the outcome that we were able to achieve with a very technically demanding operation at this point," the spokesperson said. ALSO READ: 26-year-old recruits 500 trauma therapists to assist Hamas victims. Read the full article

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G7 ministers have united to demand a humanitarian pause in the Gaza fighting.

G7 ministers have united to demand a humanitarian pause in the Gaza fighting. Japan's top diplomat stated that despite Israeli forces continuing to strike the Gaza Strip, G7 foreign ministers on Wednesday delivered a "unified message" on the Israel-Hamas war, including a plea for a humanitarian stop in the combat and a "peace process". The affluent Group of Seven concluded a two-day meeting in Tokyo with a united statement recognizing Israel's right to self-defence while emphasizing the need to uphold international humanitarian law and protect civilians. It was only the second joint statement from the G7 since the crisis began on October 7, when militants from the Palestinian militant group Hamas attacked southern Israel, murdering 1,400 people and kidnapping another 240 others. Since then, the Israeli assault on Gaza has murdered about 10,000 Palestinians, over 40% of whom were youngsters, according to estimates from health officials operating in the zone controlled by Hamas. "I believe it's important that the G7 was able to put out its first unified message as a statement... regarding a humanitarian pause and a future peace process, both in terms of the responsibility the G7 has towards the international community and for Japan as this year's chair of the G7," Yoko Kamikawa, the Japanese Foreign Minister, told reporters. Beyond emphasizing that a two-state solution "remains the only path to a just, lasting, and secure peace," the statement did not elaborate on the nature of that peace process. The statement also emphasized the necessity of communication with China and restated G7 support for Ukraine in its conflict with Russia on worries they had in common and denounced North Korea's missile launches and arms sales to Russia. The G7 is made up of the United States, Japan, Canada, France, Germany, Italy, and the United Kingdom. The European Union is also attending the summit. Along with its close friend the United States and other Western nations, Israeli Prime Minister Benjamin Netanyahu has stated that Israel would entertain "tactical little pauses" but has rejected proposals for a truce that it claims would allow Hamas to reorganize. There had been doubts about the G7's ability to effectively address significant crises as they didn't seem to be able to come to a consensus on a solid, unified approach to the conflict. The other G7 statement was issued following a meeting of its finance ministers on October 12 and consisted of a few, succinct statements. phrases. Joint statements have been released by other group members. The G7's differences have also been visible at the UN, where on October 26, France voted in favour of a resolution calling for a humanitarian truce in the fighting, the United States opposed it, and the other members of the group abstained. According to a statement from Japan, the ministers also talked about how to revive peace efforts in the Middle East and what would happen when the Gaza conflict ends at a working dinner on Tuesday. The possibilities under discussion in the event that the militant Hamas group is driven out of Gaza were not made clear. Israel's long-term intentions for Gaza have remained ambiguous. This week, Netanyahu made some of the first candid remarks on the matter, stating that Israel would aspire to be in charge of Gaza's security "for an indefinite period." However, Israeli Foreign Minister Eli Cohen stated to the Wall Street Journal that Israel preferred the area to be governed by Gaza's political elites or placed under the control of an international coalition that included the United States, the European Union, and nations with a majority of Muslims. Diplomats in the Middle East, Washington, the UN, and other places have also begun to consider their alternatives. According to Reuters this month, talks include the sending of a multinational force to stabilize Gaza after the conflict, the establishment of a temporary Palestinian-led government free of Hamas officials, temporary U.N. supervision of the region, and temporary security and governance roles for neighbouring Arab states. U.S. Secretary of State Antony Blinken departs Tokyo for his first trip to South Korea in over two years. years, with the goal of the discussions being to fortify the alliance between Washington and Seoul in the face of mounting anxiety over North Korea's military connections to Russia. source credit ALSO READ: US Senate Democrats oppose a Republican plan to support Israel rather than Ukraine Read the full article

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US Senate Democrats oppose a Republican plan to support Israel over Ukraine.

US Senate Democrats oppose a Republican plan to support Israel rather than Ukraine. Republicans tried to speed up urgent funding for Israel via a bill that cleared the House of Representatives last week, but which offers no support for Ukraine's battle against Russia. On Tuesday, U.S. Senate Democrats thwarted this attempt. "Time is of the essence, and it's imperative that the Senate not delay delivering this crucial aid to Israel another day," stated Senator Roger Marshall, a Republican. Democrats protested, highlighting the need for help to both Ukraine and Israel in addition to the $106 billion in funds that President Joe Biden offered to Congress last month for border security, humanitarian assistance, and cash to counter China in the Indo-Pacific. Additionally, they charged that Republicans in the House were using the situation in Israel, postponing assistance to the Jewish State instead of drafting a bipartisan plan by linking support to slashing the budget for the Internal Revenue Service—a Republican priority. In response to a horrific attack on October 7 by Islamist Hamas militants, the House measure would provide Israel with $14.3 billion, but it would also take the same amount of funding away from the IRS. The $4 billion in funding would go toward purchasing Israel's Iron Dome and David's Sling defensive systems in order to fend off threats from short-range rockets. Additionally, some weaponry from American stockpiles would be transferred. Senate Appropriations Committee Chairwoman Patty Murray stated, "Our allies in Ukraine can no more afford a delay than our allies in Israel." The House decision was mostly along partisan lines. Republicans referred to the planned IRS cuts as a "poison pill" with political motivations that would increase the federal budget deficit by reducing tax revenue collection. They added that maintaining support for Ukraine was imperative. Legislation must be approved by both the Republican-majority House and the Democratic-controlled Senate before it can become a law and be signed by Democratic Senator Joe Biden. Biden would veto the House bill, according to the White House. The leaders of the Senate are currently drafting a bill for extra money, which they intend to propose this week. source credit:  ALSO READ: No Gaza ceasefire until hostages returned says Netanyahu Read the full article

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Nationwide strike announced by Organized Labor

Nationwide strike announced by Organized Labor. A complete and permanent nationwide strike has been proclaimed by Organized Labor to begin on Tuesday, November 14, 2023. Following an emergency meeting in Abuja on Tuesday, the Trade Union Congress (TUC) and the Nigerian Labour Congress (NLC) made this announcement. Recall that following an attack on NLC President Joe Ajaero in Imo State last week, labor unions vowed to go on strike. Festus Osifo, the president of the TUC, revealed in an interview with Channels Television on Tuesday that the unions had decided to stop providing services in Imo State as of Wednesday, November 8. "We will begin the withdrawal of service across the board in Imo State, as decided by both NECs of the Unions this evening."Flight operations, power supply, and Premium Motor Spirit supply "Because what was done to Joe Ajaero in Imo State, in our opinion, was barbaric and fundamentally wrong against all norms and principles, (Petrol) will be shut down." "Thursday, Friday, and the remainder of the weekend. We will then seek a complete closure on Tuesday if the Government ignores our demands, he stated. ALSO READ: Sanwo-Olu commissions Oyingbo bridge, and promises more Projects Read the full article

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Irish Chef, Alan Fisher breaks Hilda Baci’s Guinness World Record

Irish Chef, Alan Fisher breaks Hilda Baci’s Guinness World Record. Two Guinness World Records pertaining to cooking marathons have been broken by Irish restaurant owner and chef Alan Fisher, who is now residing in Japan. At 119 hours and 57 minutes, he first established a new record for the "longest cooking marathon (individual)." This accomplishment beat the previous record, which was held by Nigerian chef Hilda Baci, by almost twenty-four hours. Following this incredible feat, Fisher took on the “longest baking marathon (individual)” and managed to break the previous record with a time of 47 hours and 21 minutes, according to a statement on the official GWR website. Wendy Sandner of the United States formerly held the record with 31 hours and 16 minutes. Fisher underwent back-to-back tries at both records, putting in a demanding schedule that observed him working in the kitchen for more than 160 hours, taking a day's break in between each accomplishment. ALSO READ: Hilda Baci is presented by Gino and Bama as a Brand Ambassador Read the full article

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Neville is named head coach of the Portland Timbers.

Neville is named head coach of the Portland Timbers. Phil Neville, a former full defender for Manchester United, was hired as head coach of the Portland Timbers of Major League Soccer (MLS) on Monday. Neville, who left Inter Miami in June to become a coach for the Canadian national team, committed to the Timbers through the end of the 2026 campaign, the team announced in a press statement. After five and a half years as head coach, Giovanni Savarese's relationship with the 2015 MLS Cup winners ended in August. Up until Neville's promotion, assistant coach Miles Joseph was the head coach in the interim. Before moving to Miami, Neville led the England women's national team as head coach. She was a member of the 1999 treble-winning Manchester United team and won six Premier League titles as a player. ALSO READ: Pochettino names team to challenge Man City, Arsenal Read the full article