News Burst 20 August 2021
News Burst 20 August 2021 – Get The News! By Disclosure News.
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News Burst 20 August 2021 – Featured News
- Due to human error, the Norwegian Oil Fund has procured more shares in a company than planned. But when its price unexpectedly went up, the mistake generated a return of NOK 582 million (65 million dollars). “Very many of our transactions are automated, and no people are involved. Some are not possible to automate, and then we have people who make choices. In this case, it was a manual error that caused us to buy more shares than we had planned,” deputy head of the fund Trond Grande explained, as quoted by the newspaper Nettavisen. He said that such mistakes happen from time to time but that they try to learn from them.
- China has signalled that it will establish new diplomatic relations with Kabul after the stabilisation of the situation. There are many unknowns about the country’s future after the Taliban’s takeover, but Beijing could help Afghanistan reap new business opportunities if peace and order are restored, says Asia Pacific commentator Thomas W. Pauken. “The Chinese government understood the Taliban was preparing to exploit the chaos and disorganisation of Biden’s US troops withdrawal to seize the country in a vacuum,” notes Pauken. “Widespread corruption was endemic in the Afghan government, while the massive development of opium poppy fields in the country had lured international criminal gangs and drug dealers to enter the country. Rampant corruption cannot be sustainable, since ordinary citizens become the biggest losers.”
- If safety and stability are restored in Afghanistan, China could contribute to post-war reconstruction and development there and push forward joint projects under the China-proposed Belt and Road Initiative (BRI), the Chinese daily Global Times suggested last Sunday. There could be some amazing business opportunities for both Afghanistan and China, agrees the Asia-Pacific commentator. According to some estimates, Afghanistan holds between $1 trillion and $3 trillion in mineral wealth in underground reserves, including vast gold deposits and lithium that may be used to develop batteries for electric vehicles (EVs).
- Thousands of people in the United Kingdom may have isolated for no reason due to an error with the NHS COVID app, The Guardian reports citing a source in Whitehall. As the newspaper points out, while official guidelines for the app “defined close contact as occurring two days before the infected person had symptoms,” users apparently weren’t told that the app could “notify of contact with an infected person as far back as five days before the positive test.”
- Speaking to attendees of the TechNet Augusta conference in Augusta, Georgia, on Tuesday, US Army Col. Daniel Holland revealed that the service is looking to develop a high-altitude cyber, intelligence and electronic warfare sensor that is capable of providing data to allies. Holland, who serves as the Army’s capability manager for electronic warfare, also expressed that the sensor should be able to jam or disrupt enemy signals.
- As the Taliban raised its flag above the presidential palace in Kabul on Sunday following the end of America’s 20-year-long military engagement in the country, many couldn’t help comparing the Islamist group’s offensive to the chaos that erupted in Saigon in 1975 after the end of the US’ direct involvement in Vietnam. The Fall of Saigon greatly contributed to America’s withering image as a global power in the 1970s. According to comments from world leaders and reporting by the media, Sunday’s events have again put Washington’s ability to handle its global commitments under serious scrutiny.
- The Japanese cryptocurrency exchange Liquid reported a security attack on its hot wallets in an Aug. 19 tweet. Liquid has been operating as a centralized exchange since 2014. While it did not say how much funds were stolen, it shared crypto the hacker’s addresses. As per the transactions made by the addresses used by the hacker, the stolen assets are worth over $84 million. The hacker’s Ethereum address contains about $69 million worth of ETH and other ERC-20 tokens, while the Bitcoin wallet holds 107.42 BTC valued at about $4.8 million. A further $10 million worth of XRP and TRX has been sent out from the wallet addresses originally shared by Liquid. At the same time, it appears that the hacker was unable to transfer all of the assets from the exchange’s hot wallets. The unhacked portion of the funds is now being transferred to its cold wallets, the exchange said.
- Company pulls sponsorship from Schwarzenegger event after “screw your freedom” comment: ‘Un-American’. “Anyone who says ‘screw your freedoms’ is un-American, and REDCON11 is a patriotic pro-freedom brand. We support freedom of choice. “We DO NOT want Arnold censored or cancelled. We just can’t support his opinion with our dollars.”
- One of Italy’s most dangerous mafia fugitives, top Camorra narco trafficker Raffaele Imperiale, was arrested in Dubai on August 4. According to Italian authorities, Imperiale was living high on the hog in Dubai and spending €400,000 a month to maintain his lavish lifestyle. In 2016, two Van Gogh paintings stolen from the Van Gogh Museum in Amsterdam in 2002 were recovered in a villa in Castellammare di Stabia, his hometown near Naples, owned by him. DEA documents sent to Dutch police exposed an alleged super drug cartel headed by Imperiale, The group was having meetings in the Burj Al Arab hotel in Dubai, the base of the alleged cartel in 2017. The gruop had a virtual monopoly on Peruvian cocaine and control around a third of the cocaine trade in Europe.
- The Washington Post has come under fire after publishing an article insinuating that the Taliban hasn’t been banned from Twitter like former President Donald Trump because it incites less violence in its carefully worded posts. The headline hails the Taliban’s “sophisticated social media practices that rarely violate the rules.” In the article, reporters Craig Timberg and Cristiano Lima wrote that the Taliban has “used strikingly sophisticated social media tactics to build political momentum”.
News Burst 20 August 2021 – Bonus IMG
Experts have confirmed that ancient hunters resided on Kotelny, off the coast of Yakutia, at 75°20′N 141°00′E, a remarkkable 990 kilometres (615 miles) north of the Arctic Circle. Their butchering tools have been found alongside multiple bones of extinct woolly mammoths. He emphasised: ‘We are talking about the northernmost human site in the Palaeolithic era.’
News Burst 20 August 2021 – Bonus Video
News Burst 20 August 2021 – Bonus Video
News Burst 20 August 2021 – Earthquakes
Earthquakes Last 36 Hours – M4 and Above
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