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-------------------------
The top stories being read around the world right now!
From the Editor's Desk
The Problem With El Salvadors Crime Numbers - Foreign Policy (No
paywall)
In less than a decade, El Salvador has gone from the murder capital of
the world to having one of the lowest homicide rates in the Western
Hemisphere. President Nayib Bukele has been at the helm of this
radical transformation. Since taking office, he has led one of the
most aggressive anti-gang crackdowns ever seen, suspended key
constitutional rights, reshaped the judiciary, eroded prosecutorial
independence, and consolidated unprecedented political power in the
process.
In less than a decade, El Salvador has gone from the murder capital of
the world to having one of the lowest homicide rates in the Western
Hemisphere. President Nayib Bukele has been at the helm of this
radical transformation. Since taking office, he has led one of the
most aggressive anti-gang crackdowns ever seen, suspended key
constitutional rights, reshaped the judiciary, eroded prosecutorial
independence, and consolidated unprecedented political power in the
process.
Continued here [[link removed]}&lead=419599&emailid=46872&nl=daily]
_TradeBriefs: Newsletters for Decision-Makers!_
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Work
Why Warren Buffett has built a mighty cash mountain - The Economist
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No investor commands attention quite like Warren Buffett. As boss of
Berkshire Hathaway, an investment firm that he has run for almost six
decades, Mr Buffett’s every movement is scrutinised. When he shifts
in his seat, investors large and small ponder what it might mean for
their portfolios.
Work
Iran ally Syria issues warning to Israel over looming "escalation"
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The attack, which killed a dozen children and teenagers, occurred late
last month in the majority-Arab Druze town of Majdal Shams in the
share of the Golan Heights that has been under Israeli control since
1967 but remains internationally recognized as part of Syria. Israel
blamed the strike on the Lebanese Hezbollah movement and responded
last week with the killing of the group's top military official, Fouad
Shukr, reportedly alongside two children, in southern Beirut.
Work
Putin's red lines keep getting breached
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So-called "red line" statements made by Russian officials may have
dwindled from 24 in 2022 to 15 last year, according to Kyiv Post
analysis, but the notion of an uncrossable limit for Moscow was again
invoked this week by Russian officials and commentators regarding
F-16s arriving in Ukraine.
Work
You're wrong about PETA
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Jeremy Beckham remembers the announcement coming over his middle
school’s PA system in the winter of 1999: Everyone was to stay in
their classrooms because there was an intrusion on campus.
Work
Do celebrity endorsements matter?
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First, there was Charli XCX’s post declaring Vice President Kamala
Harris “is brat” on X. Then there was Beyonce’s approval of her
song, “Freedom,” for Harris’s campaign use. And most recently,
there was Megan Thee Stallion’s appearance at a Harris rally in
Atlanta, alongside fellow musician Quavo.
Work
Atlantic Ocean Conveyor Likely to Collapse Before 2050, Say Climate
Scientists - Discover Magazine (No paywall)
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One of the world’s great geophysical phenomena is the flow of warm
water, and associated weather, from the Gulf of Mexico across the
Atlantic towards western Europe. This flow is known as the Gulf Stream
and the North Atlantic Drift and although huge in scale, it is merely
a surface feature of a much bigger ocean process.
Work
Two NASA astronauts may be stuck on the space station until February -
New Scientist (No paywall) [[link removed]}&lead=419599&emailid=46872&nl=daily]
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Boeing’s Starliner spacecraft had so many problems during its first
crewed launch to the International Space Station that NASA officials
aren’t sure whether it will be able to bring its crew back home as
planned
Work
Existing quantum devices could be used to disrupt the stock market -
New Scientist (No paywall) [[link removed]}&lead=419599&emailid=46872&nl=daily]
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Quantum technology could shake up the stock market. Traders working at
distant stock exchanges could coordinate decisions to buy or sell
nearly instantaneously by using entanglement to create a phenomenon
called “quantum telepathy” – and all the quantum devices they
would need to implement this scheme already exist.
Work
Disney Grows Streaming Profits While U.S. Park Business Slows -
Inc.com (No paywall) [[link removed]}&lead=419599&emailid=46872&nl=daily]
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Disney returned to a profitable third quarter as its combined
streaming business started making money for the first time, along with
a very strong showing in theaters for the movie "Inside Out 2."
Work
Funds offering protection from volatility fail to deliver in sell-off
- FT (No paywall) [[link removed]}&lead=419599&emailid=46872&nl=daily]
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Investors who pumped tens of billions of dollars into funds offering
insulation from volatility suffered sharp losses during this week’s
stock sell-off, highlighting the perils for retail traders seeking
easy ways to ride out market uncertainty.
Work
How experiencing famine in the womb may shape people's health as
adults - STAT (No paywall) [[link removed]}&lead=419599&emailid=46872&nl=daily]
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Hunger killed an estimated 4 million people in Ukraine between 1932
and 1933 — the result of Holodomor, a famine inflicted by the
Stalin-led Soviet regime. New research shows how the harm experienced
during famines can extend even to people who haven’t yet been born.
Work
AI app claiming to diagnose STIs from penis pictures shut down after
FTC scrutiny - STAT (No paywall) [[link removed]}&lead=419599&emailid=46872&nl=daily]
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STAT wrote about the app, Calmara, and the immediate critical response
it drew from patient advocates, doctors, and privacy experts in April.
The founders did not adequately explain how they would protect
sensitive user information and prevent minors from accessing the app.
They also had little proof that the tool actually worked, with no
peer-reviewed studies or clearance from the Food and Drug
Administration.
Work
Mortgage Rates Drop To 2024 Low--Small Bright Spot Amid Economy Angst
- Forbes (No paywall) [[link removed]}&lead=419599&emailid=46872&nl=daily]
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Average U.S. mortgage rates just sank to their lowest level in 15
months, according to data released Thursday, a welcome development for
prospective homebuyers navigating elevated borrowing costs, though the
relief may be fleeting as concerns ease about the economy and stock
market.
Work
Ukraine surprises with a high-stakes raid into Russia - The Economist
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THREE DAYS in, Ukraine’s unexpected cross-border raid into
Russia’s Kursk region to the north-east shows no signs of abating.
Since the start of the operation on the morning of August 6th, Russia
has lost full control of at least 350 sq km of its territory. Scores
of its soldiers have been killed or captured. A race is on to halt the
advance—and prevent the Ukrainians from digging in.
Work
Subscribe to read - FT (No paywall) [[link removed]}&lead=419599&emailid=46872&nl=daily]
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Work
What will the cats of the future look like? - Animals (No paywall)
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In just 10,000 years, cats have come in from the wild and accompanied
humans on their journeys around the globe, but felines have been
around for an estimated 37 million years of evolution in a world free
of humans.
Work
He was shipwrecked in Texas in 1528. His unlikely tale of survival
became legend - History (No paywall) [[link removed]}&lead=419599&emailid=46872&nl=daily]
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When a group of European colonists encountered 13 Indigenous people in
northern Mexico in 1536, they expected them to flee. Instead, the
people walked toward them. Among the Indigenous group were people who
looked European, one of them speaking perfect Spanish.
Work
UK opens antitrust investigation into Amazon over its ties to AI
startup Anthropic
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The regulatory agency is carrying out a related inquiry into
Microsoft’s close partnership with OpenAI, which could represent a
quasi-merger. It’s also looking into Microsoft hiring the core team
behind Inflection AI, a rival to OpenAI. Last month, the CMA said it
would be extending that last one into a full probe.
Work
A UK startup will hitch a ride with SpaceX to harvest -- and sell --
star data
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“Their unique data service will bring exciting new opportunities for
space research and be the first commercial offering in a landscape
only served by governments today,” Tadashi Kito, head of Sparx’s
space investment team, said in a statement in April. “We look
forward to seeing Mauve and Twinkle followed by a fleet of dedicated
science satellites.”
Work
A startup - named after 'Lord of the Rings' - raised $1.5 billion to
'rebuild the arsenal of democracy'
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Anduril currently has a production facility in Rhode Island, which can
make up to 200 autonomous underwater drones — each year for
customers like the U.S. Navy or Royal Australian Navy. It also has
several factories across Georgia, California, and Australia and has
invested $75 million in a new Mississippi factory making solid rocket
motors.
Work
ChargePoint's new adapter claims to work with all EVs, regardless of
make or model
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The United States doesn't have a formal standard for electric vehicle
charging, but informally, Tesla's North American Charging Standard
(NACS) has become the default for many companies on the manufacturing
side. ChargePoint began rolling out support for the NACS connector in
2023.
Work
Vampire Survivors hits PS4 and PS5 on August 29
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For the uninitiated, each character in Vampire Survivors has a unique
starting perk and weapon, which fires automatically. All you
essentially have to do is control your character's movement and make
careful choices about weapon and perk additions and upgrades when you
level up as you fend off literally thousands of monsters. Runs
typically last for up to 30 minutes, if you can survive that long.
It's terrifically chaotic and, best of all, the game costs just five
bucks.
Work
Aukus pact will turn Australia into '51st state' of the US, Paul
Keating says
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Australian sources insisted that the agreement would not see Australia
take spent fuel or high-level radioactive waste from the UK or the US,
nor did it require Australia to enrich uranium or process spent
nuclear fuel.
Work
Uncommitted voters respond to Harris-Walz ticket with hope and
reservations
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“Inshallah, he will survive,” Alaydi, 44, said through tears. She
said she can only hope the new administration, whoever it may be, will
allow refugees from Gaza, such as her family, to enter the US.
Work
Humza Yousaf concedes sacking Scottish Greens was a mistake
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Yousaf was elected as first minister in March last year after Nicola
Sturgeon stepped down. After Yousaf resigned in May this year, he was
succeeded by John Swinney, who led the SNP into July’s general
election.
Work
CloudPay, a payroll services provider, lands $120M in new funding |
TechCrunch
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The U.K.’s antitrust regulator has confirmed that it’s carrying
out a formal antitrust investigation into Amazon’s ties with
Anthropic, after Amazon recently completed a $4 billion investment
into the AI startup.…
Work
A comprehensive list of 2024 tech layoffs | TechCrunch
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The U.K.’s antitrust regulator has confirmed that it’s carrying
out a formal antitrust investigation into Amazon’s ties with
Anthropic, after Amazon recently completed a $4 billion investment
into the AI startup.…
Work
Archer to set up air taxi network in LA by 2026 ahead of World Cup |
TechCrunch
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The U.K.’s antitrust regulator has confirmed that it’s carrying
out a formal antitrust investigation into Amazon’s ties with
Anthropic, after Amazon recently completed a $4 billion investment
into the AI startup.…
Work
Cohere co-founder Nick Frosst thinks everyone needs to be more
realistic about what AI can and cannot do | TechCrunch
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The U.K.’s antitrust regulator has confirmed that it’s carrying
out a formal antitrust investigation into Amazon’s ties with
Anthropic, after Amazon recently completed a $4 billion investment
into the AI startup.…
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Flint Capital raises a $160M through an unusual fund-raising strategy
| TechCrunch
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The U.K.’s antitrust regulator has confirmed that it’s carrying
out a formal antitrust investigation into Amazon’s ties with
Anthropic, after Amazon recently completed a $4 billion investment
into the AI startup.…
Work
Chime and Dave execs are coming to TechCrunch Disrupt 2024 |
TechCrunch
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The U.K.’s antitrust regulator has confirmed that it’s carrying
out a formal antitrust investigation into Amazon’s ties with
Anthropic, after Amazon recently completed a $4 billion investment
into the AI startup.…
Work
Exclusive: Cocoon is transforming steel production runoff into a
greener cement alternative
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The U.K.’s antitrust regulator has confirmed that it’s carrying
out a formal antitrust investigation into Amazon’s ties with
Anthropic, after Amazon recently completed a $4 billion investment
into the AI startup.…
Work
22-Year-Old Inherits $1.5 Million, Asks The Ramsey Show If She Should
Get A Prenup, Dave Recommends Pre-Marriage Counseling
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In light of this discussion, it's wise for couples facing similar
situations to seek comprehensive financial and relationship advice.
Roughly 73% of married or cohabitating Americans experience
relationship tension from money decisions. Ramsey's advice of speaking
with a counselor can help couples navigate how finances impact their
relationships and find the best ways to resolve money-related
concerns.
Work
Why Nvidia, AMD and Other Chip Stocks Are Rallying Thursday
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Weighing in on reports Nvidia’s new Blackwell AI chip could be
delayed, analysts at Piper Sandler, Oppenheimer, Bank of America, and
Goldman Sachs indicated they anticipate little impact to the
chipmaker’s long-term prospects, highlighting Nvidia's AI strengths.
Work
Exclusive: Netanyahu at War
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For the past 10 months, Benjamin Netanyahu has refused to apologize
for leaving Israel vulnerable to Hamas’ Oct. 7 terrorist attack.
After the deaths of 1,200 people and the abduction of hundreds more, a
traumatized Israeli public heard abject admissions of responsibility
from the heads of the Israel Defense Forces and Shin Bet, the
country’s domestic security service, but none from Netanyahu, who
had been Prime Minister for almost a year when the attack happened,
and had presided over a more than 10-year strategy of tacit acceptance
of Hamas rule in Gaza. His only apology was for a social media post
blaming his own security chiefs for failing to foil the assault. So,
early in a 66-minute conversation with TIME on Aug. 4 in the Prime
Minister’s office in Jerusalem, the question is, Would he make an
apology?
Work
Here's How CBD Can Help With Your Sleep - Discover Magazine (No
paywall) [[link removed]}&lead=419599&emailid=46872&nl=daily]
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In 1940, American chemist Roger Adams isolated and identified CBD.
Since then, scientists discovered that CBD is not psychoactive and
have investigated CBS’s potential health and medical benefits.
Work
Unionwear Didn't Expect Harris-Walz Camo Hats to Go Viral. Then It
Sold 25,000 of Them in 24 Hours - Inc.com (No paywall)
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The political scene, after all, was not particularly
advantageous for the founder of a company that typically gets
steady--albeit cyclical--sales from political campaigns looking for
made-in-the-USA merch. The incumbent was inert. "Biden saw sold
virtually no merchandise this year," he says. "Normally, we would
have seen sales beginning in April or May for the general election.
We did not see that at all."
Work
All The Records Quincy Wilson Has Broken--As Youngest American Olympic
Track And Field Star Will Run In 4x400 Relay - Forbes (No paywall)
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Quincy Wilson, a 16-year-old track and field runner from Virginia, is
set to make his Olympic debut on Friday in the 4x400 meter relay in
Paris—though the phenom is no stranger to making history and
breaking records.
Work
Burned Out of Lahaina, Thousands Try to Rebuild Lives Elsewhere
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One year after a wildfire incinerated Lahaina, killing 102 people in
the deadliest fire in the United States in more than a century,
residents on the island of Maui are struggling to find work and
housing. Some are still living in hotels, while others cannot find
apartments they can afford.
Work
A.C.L.U. Must Reinstate Employee Falsely Accused of Racist Language,
Court Rules
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Ms. Oh never uttered a racial slur or invoked race, court filings
showed. She said that she considered herself a whistle-blower and
advocate for other women in the office, drawing attention to an
environment she said was rife with sexism and fear. Her frequent,
sometimes intemperate, complaints irritated her bosses, she argued, so
they retaliated by firing her.
Work
Iranians Accused of Smuggling Missile Components Intended for Houthi
Rebels
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The charges against the brothers, Shahab and Yunus Mir’kazei, come
as tensions escalate between the United States and Iran, which has
vowed revenge for the assassination of a senior Hamas leader in Tehran
last month. The Iran-allied Houthis, who might take part in any
retaliation, have been designated a terrorist group by the State
Department.
Work
Why White Supremacists Are Trying to Attack Energy Grids
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There is a long history of extremist attacks on critical
infrastructure in the United States. Of attacks on the energy sector
made in the last half-century, most were carried out by unidentified
actors. Where assailants were identified, a third of attacks were
carried out in the 1970s by people associated with the New World
Liberation Front, a left-wing extremist group, according to the
National Consortium for the Study of Terrorism and Responses to
Terrorism.
Work
McDonald's said this word 90 times in its earnings call, and Americans
do seem to be lovin' it
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And even though McDonald’s leads the pack in revenue, Chik-fil-A is
a feathered heavyweight champ – at least in the chicken world, that
is. The College Park, Georgia-based company nabbed the third spot on
the rankings list.
Work
Microsoft and Palantir will sell AI software to U.S. defense and
intelligence departments
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“This expanded partnership between Microsoft and Palantir will help
accelerate the safe, secure and responsible deployment of advanced AI
capabilities for the U.S. government,” Deb Cupp, president of
Microsoft Americas, said in a statement.
Work
Sam Bankman-Fried's FTX will pay over $12 billion to creditors
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Sam Bankman-Fried, co-founder of both crypto exchange FTX and trading
firm Alameda Research, was sentenced to 25 years in prison and ordered
to forfeit $11 billion in March 2024. He was convicted of seven counts
of fraud, conspiracy, and money laundering. The young financier was
once the poster boy for the emerging crypto industry before he joined
the likes of Bernie Madoff as one of America’s biggest financial
fraudsters ever.
Work
Paris 2024: The AI tech aiming to identify future Olympians
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Two more experienced athletes are Hank and Brock, who both used to
compete for their university in the US at inter-collegiate level. This
standard can offer world-class facilities and has produced many
Olympians.
Work
ABC Says Trump and Harris Have Agreed to Debate on Sept. 10
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The extraordinary events of recent weeks, including Mr. Biden’s
withdrawal and an assassination attempt on Mr. Trump, have prompted
many Americans to refocus on a presidential election that, until June,
was shaping up as a rerun of the 2020 race. The ABC debate will most
likely be a post-Labor Day kickoff moment of sorts for the
campaign’s final two-month stretch.
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Trump, Harris deploy running mates to wage class warfare over 'what
Middle America is'
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"He never sat at that kitchen table, like the one I grew up at,
wondering how we were going to pay the bills. He sat at his country
club up in Mar-a-Lago, wondering how he can cut taxes for his rich
friends."
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Boeing's new outsider CEO Ortberg takes the helm, this time from the
factory floor
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"We look forward to working with Kelly Ortberg in his efforts to
return Boeing to its place as the leading American aerospace company,"
CEO Bob Jordan said in a written statement. "A strong Boeing is great
for Southwest Airlines and it's great for our industry."
Work
Noah Lyles Wins Bronze in 200 Meters, Then Reveals He Has Covid
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“We didn’t want everybody to go into a panic, we wanted them to be
able to compete,” Lyles, wearing an N-95 mask, told reporters about
45 minutes after finishing in 19.70 seconds, behind Letsile Tebogo of
Botswana (19.46), who won his country’s first Olympic gold medal in
its history, and the American Kenneth Bednarek (19.62). Lyles added:
“And you never want to tell your competitors you’re sick. Why
would you give them an edge?”
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