Author: Press Room

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John Ray, chief executive officer of FTX Cryptocurrency Derivatives Exchange, arrives at bankruptcy court in Wilmington, Delaware, US, on Tuesday, Nov. 22, 2022.Eric Lee | Bloomberg | Getty ImagesFTX has recovered over $5 billion worth of liquid assets, including cash and digital assets, attorneys in Delaware bankruptcy court said during an FTX bankruptcy hearing Wednesday.The news comes after federal prosecutors announced plans to seize at least $500 million worth of FTX-connected assets as part of their ongoing prosecution of FTX co-founder Sam Bankman-Fried.The recovery will be a welcome boon to FTX customers after the crypto exchange imploded in November. FTX’s…

BEIJING: Chinese health officials said Wednesday (Jan 11) it was “not necessary” to dwell on the exact number of COVID-19 deaths in the country, days after the World Health Organization (WHO) criticised authorities’ accounting of a surge in cases there. China abruptly dropped its “zero-COVID” approach last month after three years of enforcing some of the harshest anti-pandemic restrictions in the world, unleashing a wave of infections that has packed hospitals and overwhelmed crematoriums. However, official figures have borne little resemblance to the situation on the ground and Beijing came under fire in December for drastically narrowing its definition of…

The European Union needs to boost investments in wildfire prevention as the forest fire season is becoming longer and more geographically spread, Janez Lenarčič urged this week.”According to the World Bank study that was done in conjunction with the European Commission, €1 invested in wildfire prevention saves €10 in damage,” the European Commissioner for Crisis Management told reporters on Tuesday.He added that the damage inflicted by wildfires in 2022 is estimated to be “at least €2 billion”.Last year was the second worst year in terms of areas burnt since records began in 2006 with at least 800,000 hectares scorched across…

Former President Donald Trump arrives at his Mar-a-Lago home on Dec. 31, 2022.Joe Raedle | Getty ImagesWhen former President Donald Trump’s tax returns were issued publicly Dec. 30, some news reports suggested he didn’t donate his salary in 2020 — thereby breaking a campaign pledge — because the tax returns showed $0 of charitable gifts.However, it’s unclear from the available data if he did or didn’t break his promise, due to how certain information is reported on tax returns, accountants said.Here’s why: Trump reported a negative adjusted gross income in 2020, his last year in office. He didn’t pay federal…

Get the insider’s view on Gang Green Sign up for Inside the Jets by Brian Costello, a weekly Sports+ exclusive. As the Jets pick up the pieces from another season without a playoff appearance, they will try to figure out what went wrong and what needs to be fixed going into next season. There are lots of reasons the Jets lost their final six games and plenty of blame to go around. But if you try to figure out why things did not go the way that was expected, you start to look at who underachieved this season. I have…

The word “vegan” may conjure up images of celebrities downing expensive green juices after their sunrise yoga class. But eating vegan is more than just another buzzy fad diet. Yes, veganism does have its share of celebrity adherents, but that doesn’t mean it’s a fashion trend. Lizzo went vegan in 2020 and her TikTok recipe inspirations have since gone viral. But while Lizzo is definitely a trendsetter, she’s not jumping on some diet bandwagon. Lizzo has stated openly that she didn’t go vegan to lose weight or make a political statement. Instead, she’s focused on the health benefits of eating a…

The White House announced Wednesday that President Biden has been briefed on the massive FAA outage, though asserting that there’s no evidence it was caused by any cyberattack. “The President has been briefed by the Secretary of Transportation this morning on the FAA system outage,” White House Press Secretary Karine Jean-Pierre tweeted before 7:40 a.m. ET. “There is no evidence of a cyberattack at this point, but the President directed DOT [Department of Transportation] to conduct a full investigation into the causes. The FAA will provide regular updates.”An FAA system failure prompted massive flight delays Wednesday morning. All domestic departures were…

Ukrainian President Volodymyr Zelenskyy appeared in a video message Tuesday at the 80th Golden Globes award ceremony and vowed that Ukraine will not only win the war against Russia but will prevent a third World War from happening. Zelenskyy began his remarks by looking back at the first Golden Globes ceremony in 1944, which honored the best Hollywood had to offer during 1943, and said, “The Second World War wasn’t over yet but the tide was turned – all knew who would win.””There were still battles and tears ahead,” he continued. “It is now 2023, the war in Ukraine is not…

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