Author: Press Room

Group found on uninhabited Mona Island, which smugglers use as drop-off point for vessels leaving Dominican Republic.More than 100 Haitian migrants have been found on an uninhabited island near Puerto Rico, United States authorities said, as Haiti continues to reel from a humanitarian crisis brought on by surging gang violence. Park rangers working for the Puerto Rico Department of Environment and Natural Resources found the group on Mona Island, US Customs and Border Protection (CBP) spokesman Jeffrey Quinones said on Tuesday. “What we know preliminarily is that they were transported in just one vessel,” he said. It was not immediately…

Former US Treasury Secretary Larry Summers said on Thursday that it’s “substantially” more likely than not that the United States will enter a recession next year. Recession became “almost inevitable” once inflation rates grew above 5%, he said. On an annual basis, prices rose by 8.2% in September. But this recession will likely be relatively short and mild. he added. “I certainly don’t think it’s going to be like the [2008] financial crisis…or like the terrible things that happened after the pandemic started.” Summers told CNN’s Wolf Blitzer on “The Situation Room.” But some pain will be unavoidable. “The unemployment…

The United Kingdom’s defense ministry said Thursday that a Russian fighter jet malfunctioned and fired a missile near a British spy plane over the Black Sea last month.”We don’t consider this a deliberate escalation by the Russians, our analysis would concur it was a malfunction,” UK Defense Minister Ben Wallace told the House of Commons on Thursday. “However, it is a reminder of quite how dangerous things can be when you choose to use your fighters in the manner that the Russians have done over many periods of time.”Patrols over the Black Sea have resumed with British fighter jets accompanying all…

The town of East Hampton can’t close or privatize its airport, a judge has ruled — grounding local bureaucrats’ scheme and ending a months-long battle over the tarmac’s fate. The town’s Board of Supervisors tried to close East Hampton Airport in May and reopen it just days later as a private facility that would have been able to eschew rules set by the Federal Aviation Associations.  The new privatized  East Hampton Airport was expected to drastically limit flights, much to residents outrage, many of whom joined a slew of lawsuits against the town.   In a major blow to the board,…

The Saskatoon Regional Economic Development Authority (SREDA) has predicted Saskatoon’s economy will be leading the nation in 2023. The SREDA confirms that the Saskatoon labour market is “red hot” right now, largely due to growth in the potash and uranium mining industry, along with higher output in the energy sector.The Conference Board of Canada is forecasting the Saskatoon economy to grow by 7.2 per cent in 2022 and 3.9 per cent in 2023.“It is attributed to the very balanced and targeting approach we took to the pandemic response that focused on both protecting lives and livelihoods. Our economic recovery here…

A popular diabetes drug isn’t always being used as it was originally intended. As of recently, the drug Ozempic has become a handy weight-loss fix — and people are raving about the results they’re seeing. The “breakthrough” discovery has gone viral on social media — with the Ozempic hashtag receiving nearly 227 million views on TikTok.TAKING 10K STEPS MAY BE ASSOCIATED WITH REDUCTION IN RISK OF CANCER, CARDIOVASCULAR DISEASE DEATHS: STUDYThe trend has specifically taken off among the rich and famous, with celebrities and others using Ozempic and other variations of the drug, such as Wegovy and Trulicity. Tesla CEO Elon Musk…

Stocks climbed on Friday as Wall Street closed a volatile week on a high note despite some disappointing earnings reports.The Dow Jones Industrial Average gained 748.97 points, or 2.47%, to close at 31,082.56. The S&P 500 rose 2.37% to 3,752.75. The Nasdaq Composite added 2.31% to 10,859.72.Friday’s moves extended the market’s gains for the week. The S&P 500 and Dow gained 4.7% and 4.9%, respectively, while the Nasdaq rose 5.2%. It was the best week since June for all three major averages.The advance came despite the 10-year Treasury yield surging to its highest level since 2008 and a mixed bag…

Travis Scott’s 2021 Astroworld Festival left nine attendees dead and more injured after a crowd rushed the stage. While the 29-year-old “Sicko Mode” rapper performed in Houston, Texas, on Friday, November 5, the crowd surged forward and caused a mass accident. “This is a tragic night,” Houston Fire Chief Samuel Peña said during a news conference early on Saturday, November 6. “We know that we had at least at least 8 confirmed fatalities tonight and we had scores of individuals that were injured here in this event.” Peña noted that nearly 50,000 individuals attended the music festival, explaining that around 9:00…

There are calls for Greens Senator Lidia Thorpe to quit politics after she stepped down from the party’s leadership team on Thursday over her controversial relationship with a former bikie.Greens Leader Adam Bandt announced Ms Thorpe had accepted his request to resign during a press conference on Thursday afternoon.Ms Thorpe admitted she dated ex-Rebels bikie Dean Martin while on the Joint Law Enforcement Committee.Mr Martin – who has no criminal convictions – stepped down as the Victorian chapter president of the Rebels bikie gang in 2018. Source: Sky News

The electric car maker Tesla still holds more than $200m worth of digital assets, with the vast majority believed to be has revealed.Per the company’s latest earnings report, the company held $218m worth of “digital assets” as of September 30, which marked the end of the third quarter. The figure is the same as the company reported for the second quarter, after it offloaded BTC worth some $936m during that quarter.For Q3 21, Q4 21 and Q1 22, Tesla reported digital asset holdings of around $1,260.Although Tesla does not specify on its balance sheet which digital assets it holds, it…