News Burst 6 March 2022
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News Burst 6 March 2022 – Featured News
- “Giant Wall Street banks like JPMorgan and Goldman Sachs never miss out on an opportunity to get richer even if it means capitalizing on Russia’s invasion of Ukraine and undermining sanctions placed on Russian businesses,” Elizabeth Warren said in a statement released late on Friday. The accusations were voiced a day after Bloomberg reported that the two banks had been buying beaten-down bonds, as clients had asked them to, or because they expect to find ready buyers. JPMorgan analysts reportedly published a note urging investors to expand holdings of Russian-linked debt to take advantage of a “recovery play.”
- Some governments have asked Starlink to block Russian news sources, the company’s founder and CEO Elon Musk has said. “We will not do so unless at ‘gunpoint'”, sorry to be a free speech absolutist”, the entrepreneur wrote. He did not name which countries have approached Starlink, only mentioning that the request did not come from the Ukrainian authorities.
- Swedish telecom giant Ericsson, its CEO Börje Ekholm, and CFO Carl Mellander have been sued in a class action lawsuit in New York, the company said in an addendum to its annual report published the day before. According to the company, the lawsuit concerns allegedly erroneous and misleading statements in connection with, among other things, operations in Iraq. As part of an investigative effort, in late February, national broadcaster SVT shed light on Ericsson’s operations in, among other places, Iraq. Per an internal investigation from 2019, which Ericsson kept secret from shareholders until recently, the company may have paid money to the terrorist organisation Daesh to gain access to certain transport routes in Iraq. Some of the payments were designed to circumvent Iraqi customs at a time when the territory was controlled by terrorist and militant organisations.
- More than 25 servicemen of the Malian army have been killed and over 30 injured as a result of an attack by jihadists in the central part of the country, media reported. The attack left 27 soldiers dead, 33 wounded and seven more missing, the Agence France-Presse news agency reported. citing the Malian army. The situation in Mali was destabilized in 2012 when the Tuareg militants seized vast territories in the northern part of the country. The conflict escalated even more over the activities of Islamists, forces loyal to former Libyan leader Muammar Gaddafi as well as French interference.
- India is in search of efficient tools to skirt around the latest penalties imposed on Russia over the conflict in Ukraine, as New Delhi looks to keep trade with Moscow going, Indian media reports. Among the options reportedly being considered are making settlements via foreign financial institutions that don’t operate in countries that have supported the punitive measures against Russia, routing payments through minor Russian lenders unaffected by the SWIFT ban, and boosting its rupee-ruble arrangement. Russian banking majors Sberbank and Gazprombank have been exempted from the latest sanctions so far due to their essential role in processing payments for the EU’s gas and oil imports from Russia.
- During an LBC radio broadcast on Friday, Raab, formerly the UK foreign secretary, confirmed that the property assets owned by Russian oligarchs in the UK could be confiscated, subject to “evidence and the legal basis.” Asked if captured mansions and apartments could be used for housing the Ukrainian refugees, Raab answered: “Yes, absolutely.” He added that the government was looking “at everything in the round.”
- Italian authorities have seized a massive yacht owned by Russian metals magnate Alexey Mordashov in a bid to enforce the European Union’s penalties on Moscow, the prime minister’s office said, amid additional reports that a second craft was captured by police under the same sanctions. “Italy’s police [have] just seized ‘Lady M Yacht,’ a 65 million euros ($70 million) vessel belonging to Alexey Alexandrovits Mordaschov located in Imperia (Liguria) – in compliance with the recent EU sanctions,” the spokesperson, Ferdinando Giugliano, wrote in a tweet.
- Russian lawmakers have approved legislation that could see people put behind bars for up to 15 years if found guilty of peddling so-called false information about the actions of the army, amid Moscow’s military operation in Ukraine. The chairman of the State Duma, Vyacheslav Volodin, weighed in on the move, insisting that it is needed “to protect our soldiers, officers, in order to protect the truth.”
- UK supermarket chain Sainsbury’s is renaming its ‘Chicken Kiev’ products ‘Chicken Kyiv,’ to reflect Ukrainian spelling, and is also removing ‘Russian Standard’ vodka and Russian sunflower seeds from its shelves.
- The US specialists have not recorded any spikes in radiation readings at the Zaporozhskaya Nuclear Power Plant, the US Energy Secretary, Jennfier Granholm, confirmed on Friday. “Safety systems are intact, and reactors continue to receive cooling,” she added. Separately, a senior Pentagon official has reportedly confirmed to journalists that the situation at the nuclear power plant – the biggest one in Europe – remains under control.
- PayPal Holdings Inc. halted its operations in Russia on Saturday morning. “Under the current circumstances, we are suspending PayPal services in Russia,” Chief Executive Dan Schulman said. A representative announced that the service would still support withdrawals for a period of time “ensuring that account balances are dispersed in line with applicable laws and regulations.”
- The Ukrainian government announced it will issue NFTs to fund its armed forces. Vice-prime minister Mykhailo Fedorov confirmed in a tweet on Thursday that the government would soon be using NFTs to help pay for its military. Fedorov did not provide further details on the NFTs but did add the government had cancelled plans to reward crypto donors with an ‘airdrop’.
- Interest payments to foreign investors holding Russian government bonds will be temporarily suspended, the country’s Central Bank announced on Wednesday. The move comes after some $400 billion of the nation’s reserves were frozen abroad as part of sanctions. Coupon payments for foreigners holding ruble-denominated sovereign debt (or OFZs) have been banned, and Russian companies have also been prohibited from paying dividends to overseas shareholders. The Central Bank did not specify how long the suspension, which doesn’t apply to domestic investors, would last.
- Sanctions against Russia over the Kremlin’s special operation to demilitarise and de-Nazify Ukraine are reportedly now accompanied by Russophobic hysteria, with children bullied, churches vandalized, sportsmen ostracized, and high-profile musicians sacked in developed Western states because they are ‘Russian.’ “‘Canceling’ any country and its people, let alone one the size of Russia, is a ridiculous proposition, at least in our modern era,” says Joe Quinn, an author and political analyst. Norway’s Anti-Racist Centre said it had received reports of abuse of Russian children in Norway, while a Russian Orthodox Church was vandalised in Calgary, Canada. Famous Russian conductor Valery Gergiev was forced to resign from the Munich Philharmonic orchestra after he refused to publicly condemn Russia over the Kremlin’s special military operation in Ukraine.
- A study has revealed that several brands of cat and dog food show signs of endangered shark DNA. “The majority of pet owners are likely lovers of nature, and we think most would be alarmed to discover that they could be unknowingly contributing to the overfishing of shark populations,” said study authors, Ben Wainwright and Ian French, of Yale-NUS College. The word “shark”, is not specifically written on any pet food ingredient label. Instead, companies label the illegal ingredient “ocean fish”, “white bait” or “white fish”, while some companies didn’t indicate any fish as an ingredient. Of the samples tested in the study, 31% contained shark DNA. The study did not mention brands by name.
- A team led by European Southern Observatory (ESO) astronomers reported the closest black hole to Earth, located just 1,000 light-years away in the HR 6819 system. The results of their study, however, were contested by an international team based at KU Leuven, Belgium. These two teams collaborated to report that there is in fact no black hole in HR 6819, which is instead a “vampire” two-star system in a rare and short-lived stage of its evolution.
News Burst 6 March 2022 – Bonus IMG
“I saw a massive UFO over the house, I know that sounds crazy but my wife saw it too. It looked like a stealth bomber but it was kind of translucent. It was massive and it was silent. It went by my house and it just disappeared,” said a witness. The UFO was described as silent and very bright with rows of lights on its undercarriage.
Several people from different cities in Ireland say they had witnessed the same UFO. UFO was seen by people in Sligo, Donegal, Leitrim, Limerick, Manorhamilton and Bundoran. (Stock Image)
News Burst 6 March 2022 – Bonus IMG
Saturn’s North Pole
News Burst 6 March 2022 – Bonus Video
Amazing Spider’s Reaction
News Burst 6 March 2022 – Earthquakes
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