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- The world’s richest man, Elon Musk, believes the elderly should be barred from political office, suggesting an age limit be introduced. “Let’s set an age limit after which you can’t run for political office,” Musk tweeted on Thursday. “Perhaps a number just below 70,” the Tesla and SpaceX founder said. Many of the 50-year-old entrepreneur’s followers agreed with the idea, others instead called for a similar limit on the accumulation of wealth.
- Haifa, the largest city in northern Israel, is known for its Baha’i gardens and lively port, as well as its industrial zone, one of the most important in the Jewish state. But lately its name has also been linked to heavy air pollution and high rates of patients suffering from cancer or respiratory diseases. In 2018, an official report revealed that emissions from the port, factories and industries located in the Bay of Haifa area, home to some 600,000 people, were twice the volume registered in the Tel Aviv area.
- The rise in the number of incidents involving leopards and other wild animals entering residential areas in several states of India and attacking people and livestock have become a major concern across several parts of the country. A leopard broke into a school and triggered panic and a near-stampede in India’s Uttar Pradesh state. The faculty locked the big cat in the classroom, according to the principal of Chaudhary Nihal Singh Inter College, Yogesh Yadav, informed. Then everyone waited for the forest officials to arrive and rescue it.
- The European Commission fined Barclays, RBS, HSBC and Credit Suisse a total 344 million euros ($390 million) on Thursday for colluding on the Foreign Exchange spot trading market. The EU’s executive arm said in a statement that a fifth bank, UBS, dodged a fine of some 94 million euros for blowing the whistle on the cartel, while the rest got reductions for cooperating with the investigation. “The collusive behavior of the five banks undermined the integrity of the financial sector at the expense of the European economy and consumers,” Margrethe Vestager, the commission’s vice president, said.
- Prince Andrew’s interview with BBC Newsnight’s Emily Maitlis in which he denied having had any relationship with Virginia Giuffre, who claims she was forced to have sex with the royal when she was a minor, provides evidence of his “guilt”, claim court papers filed on Monday. In documents filed in New York on Monday night, Giuffre hit back at the prince, who accused her of filing a civil lawsuit in the US in pursuit of “another payday”.
- The latest filing said Prince Andrew claimed during the “car-crash” interview that he couldn’t recall ever meeting Giuffre, a woman who claims she was disgraced financier Jeffrey Epstein’s “sex slave”. In turn, Giuffre’s attorney said that Prince Andrew was “so at odds with photographs and other evidence that it is itself indicative of guilt”, referring to a photograph of the duke with his arm around the waist of Roberts. The Duke of York has suggested that the photo may have been doctored.
- For the first time, Russia has deployed the Bastion missile system on the island of Matua in the Pacific Ocean, the country’s Armed Forces revealed on Thursday. Bastion is a mobile defense system that can attack surface ships. Matua is an inhabited landmass near the center of the Kuril Islands. After World War II, it came under the control of the Soviet Union. Before that, it was the home of a large Japanese base. It is now the focus of Russian efforts to boost military presence in the Pacific. “The missile crews of the Pacific Fleet will be on round-the-clock watch on this remote island in the central part of the Kuril Ridge to control the adjacent water area and strait zones,” the Russian Eastern Military District said in a statement.
- After two years of waiting, Tesla fans can finally lay their hands on the Cyberquad all-terrain vehicle, now on sale on Tesla’s website. However, only smaller customers can enjoy it, as they launched the kids’ bike version. The company added a Cyberquad for Kids to its online shop on Thursday. It is priced at $1,900 and offers a maximum speed of 10 miles per hour. It can be charged on a home outlet, but would take about five hours to be ready for the road, and can roughly cover 15 miles on one charge.
- The young star Eta Carinae –one of the most massive in the Milky Way – survived a titanic eruption 170 years ago. Although located relatively far away from Earth (about seven thousand light-years away, as compared with the average distance of naked-eye stars of about a thousand light-years), it can be seen easily by people in the southern hemisphere because it is extraordinarily bright—about five million times more luminous than our Sun. “Eta Carinae is a binary star surrounded by a complex nebulosity which is all expanding away from the central star,” wrote Monash University astronomer and binary-star expert, Ryosuke Hirai, in an email to The Daily Galaxy. “Today we can see the surrounding nebula in much more detail and we know it looks more like an hourglass, with lots of blobs and ejectiles surrounding it.”
- Saxo Bank has today released its 10 Outrageous Predictions for 2022. The predictions focus on a series of unlikely but underappreciated events which, if they were to occur, could send shockwaves across financial markets: -The plan to end fossil fuels gets a rain check
-Facebook faceplants on youth exodus
-The US mid-term election brings constitutional crisis
-US inflation reaches above 15% on wage-price spiral
-EU Superfund for climate, energy and defence announced, to be funded by private pensions
-Women’s Reddit Army takes on the corporate patriarchy
-India joins the Gulf Cooperation Council as a non-voting member
-Spotify disrupted due to NFT-based digital rights platform
-New hypersonic tech drives space race and new cold war
-Medical breakthrough extends average life expectancy 25 years Saxo CIO Steen Jakobsen summarizes the theme for 2022 Outrageous Predictions is Revolution. With every revolution, some win and some lose, but that’s not the point—if the current system can’t change but must, a revolution is the only path forward. A culture war is raging across the globe and the divide is no longer simply between the rich and the poor. It’s also the young versus the old, the educated class versus the less educated working class.
News Burst 3 December 2021