Thursday, January 26, 2023

January 26, 2023 - What Makes the M1 Abrams So Critical to the Russia-Ukraine War?

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TradeBriefs Editorial

From the Editor's Desk

The companies that churn through young workers

Sarah had always dreamed of working in the fashion industry. Aged 21, she decided to follow her dream, move to London and find a career she loved. “Like many young people, my passion was fashion,” she says. “But the reality wasn’t quite so glamorous.”

After working for less than a year in fashion retail, Sarah secured an e-commerce assistant role in the head office of a global luxury brand. In both jobs, she was surrounded by like-minded twenty-somethings, all of whom wanted to succeed in the fashion world. “It’s like any creative industry: young people always see it as cool to work in,” she says. “And the perks are great, even in sales: we’d get heavily discounted items all the time.”

Continued here


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What Makes the M1 Abrams So Critical to the Russia-Ukraine War?
What Makes the M1 Abrams So Critical to the Russia-Ukraine War?
The M1 Abrams tank is among the most powerful ground weapons in the U.S. arsenal.

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Ukraine War Accelerates Shift of Power in Europe to the East
Ukraine War Accelerates Shift of Power in Europe to the East
“There was no working relationship or professional intimacy, which you need at such moments,” Mr. van Middelaar said, so there has been “a lot of internal suspicion” and “underlying discomfort about how to deal with this new continent where Russia is a foe and Germany has to rethink its economic and political model.”





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Russia-Ukraine war live: air alarm across Ukraine with Vinnytsia explosions reported; Zelenskiy urges swift tank delivery
Russia-Ukraine war live: air alarm across Ukraine with Vinnytsia explosions reported; Zelenskiy urges swift tank delivery
⚡️ DTEK cuts off power in some regions amid ongoing Russian missile attack.Ukraine’s private energy company DTEK said that it is performing emergency shutdowns in Kyiv city and Kyiv, Odesa, and Dnipropetrovsk oblasts due to a missile attack.

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‘I want to live’: the Ukraine hotline encouraging Russians to surrender
‘I want to live’: the Ukraine hotline encouraging Russians to surrender
Matvienko personally passes on "I want to live" business cards to the released prisoners as those who have been swapped have been found to have been later redeployed to the battlefield.



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Democrats urge McCarthy to deny George Santos access to classified data
Democrats urge McCarthy to deny George Santos access to classified data
Daniel Goldman and Ritchie Torres, two New York Democrats, have led calls for an investigation of Santos’s campaign finance filings, calls echoed by outside watchdog groups amid questions over the sources of Santos’s wealth and reports of links to a Russian oligarch and a company found to be a Ponzi scheme.

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US Natural Gas Falls Below $3 for First Time Since May 2021
US Natural Gas Falls Below $3 for First Time Since May 2021
Natural gas had been one of the most bullish commodity stories in recent years. Prices hit the August high amid a global supply crunch that was aggravated last year by Russia’s invasion of Ukraine.



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The Newest Contraband at the Mexican Border: Eggs
The Newest Contraband at the Mexican Border: Eggs
Mr. Maier said that in a “very small number of cases in the last week or so,” eggs were not declared and discovered during an inspection. The people implicated in those cases were issued a $300 civil penalty, he said. Fines can be higher for repeat offenders or for those who bring in eggs to sell commercially, he said.


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Nearly 27% of inmates in Louisiana custody were held past release dates: DOJ
Nearly 27% of inmates in Louisiana custody were held past release dates: DOJ
Nearly 27% of all people in the custody of the Louisiana Dept. of Corrections were held past their release dates, according to the DOJ.




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How will Satya Nadella handle Microsofts ChatGPT moment?
How will Satya Nadella handle Microsofts ChatGPT moment?
He has spent a career trying to return Microsoft to the pinnacle of tech


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Azerbaijan sues Armenia for wartime environmental damage
Azerbaijan sues Armenia for wartime environmental damage
Case brought under Bern convention on nature may set precedent for destruction of biodiversity in war




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Ros Atkins on Germanys Ukraine tank decision
Ros Atkins on Germanys Ukraine tank decision
The BBC's Analysis Editor examines the background to Germanys decision to send Leopard 2 tanks to Ukraine.


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These are the top 10 best and worst places to live in the worldand you won't find the U.S. on either list
These are the top 10 best and worst places to live in the worldand you won't find the U.S. on either list
The 2022 Economist Intelligence Units Global Liveability Index ranked 172 cities across the world. These are the 10 best and 10 worst places to live.




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Chinas reopening, push to stoke economy may revive deal-making, advisers say
Chinas reopening, push to stoke economy may revive deal-making, advisers say
After outbound M&A involving companies in China halved last year to the lowest point since 2006, sectors linked to strengthening Chinas economic prospects will be at the centre of deal making this year.


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Microsoft is shutting down its VR social network AltspaceVR
Microsoft is shutting down its VR social network AltspaceVR
Microsoft has scaled back its virtual reality efforts, shutting down a social VR company it bought five years ago.




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Lexus chief to take over Toyota as founder's grandson steps down
Lexus chief to take over Toyota as founder's grandson steps down
The chief executive of Toyota Motor Corp will step down as head of the company his grandfather founded, the Japanese automaker said on Thursday, handing over to the boss of its luxury car unit as it struggles to meet the shift to electric vehicles.


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UK's National Grid asks for coal generators to be warmed as back-up
UK's National Grid asks for coal generators to be warmed as back-up
Britain's National Grid asked coal-fired power plants to be warmed up as a back-up option for power generation on Thursday as cold weather was expected to push up demand.




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Software Giant SAP To Lay Off 3,000 Workers To Focus On "Core Business"
Software Giant SAP To Lay Off 3,000 Workers To Focus On
SAP said its jobs cull would cost the company between 250 and 300 million euros, mainly in the first quarter of 2023.


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The People Who Really Get Screwed by Gas Stoves
The People Who Really Get Screwed by Gas Stoves
Indoor air pollution should be a tenants rights matter, not a culture war among well-off homeowners.


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Washington police dog retiring after nabbing 166 suspects during nearly 10 years of service
Washington police dog retiring after nabbing 166 suspects during nearly 10 years of service
K-9 Hobbs and his partner, Sgt. Jason Robinson, have responded to more than 500 calls and events, apprehended about 166 suspects, and found 113 pieces of evidence,


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'Jetstar left us for dead': Passengers fume while stranded at airport
'Jetstar left us for dead': Passengers fume while stranded at airport
Angry passengers have hit out at Jetstar over the incident, challenging the company's explanation.


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Ex-UK chancellor Hammond to chair crypto exchange Copper
Ex-UK chancellor Hammond to chair crypto exchange Copper
Warning that Britain is falling behind EU rivals as financial centre for digital assets


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Japan hunts for person who faxed bomb threats to schools
Japan hunts for person who faxed bomb threats to schools
The threats targeted hundreds of schools across the country and prompted hasty closures.


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IBM cuts 3,900 jobs, misses annual cash target
IBM cuts 3,900 jobs, misses annual cash target
IBM Corp on Wednesday announced 3,900 layoffs as part of some asset divestments and missed its annual cash target, dampening cheer around beating revenue expectations in the fourth quarter.


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Newport News School Was Warned 3 Times That 6-Year-Old Had a Gun, Lawyer Says
Newport News School Was Warned 3 Times That 6-Year-Old Had a Gun, Lawyer Says
Terri L. Best, the vice chair of the board, voted for the termination of the contract, but said that she had grown concerned about the tenor of the conversation, including attacks on the 6-year-old, who is being treated at a hospital.


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Half Moon Bay Immigrant Community Reels From Mass Shooting of Farmworkers
Half Moon Bay Immigrant Community Reels From Mass Shooting of Farmworkers
Aaron Tung, whose family has owned Concord Farms since 1987, said that everyone called Mr. Jimenez, “Ma Ding,” — the Chinese words for “horse” and “nail,” a loose rendering of his last name.


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Suspect in Pillowcase Rapist Attacks Is Convicted in 1983 Cold Case
Suspect in Pillowcase Rapist Attacks Is Convicted in 1983 Cold Case
In another Broward County case, court documents state that Mr. Koehler moved a victim from her bed, where she had been sleeping beside her 5-year-old daughter, and attacked and sexually assaulted her.


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Judge Orders Release of Video Showing Attack on Paul Pelosi
Judge Orders Release of Video Showing Attack on Paul Pelosi
In addition to The Times, the news agencies that sought the release of the footage were The Associated Press, The Washington Post, The Los Angeles Times, The Press Democrat of Santa Rosa in California, Fox News, CBS, ABC, NBC and KQED of San Francisco.


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Suspect in Arson at Planned Parenthood Clinic Cited Ex-Girlfriends Abortion, U.S. Says
Suspect in Arson at Planned Parenthood Clinic Cited Ex-Girlfriends Abortion, U.S. Says
If convicted on the charge of malicious use of fire, Mr. Massengill would face a mandatory minimum sentence of five years in prison, and could receive up to 40 years, according to the Justice Department. The charges also carry up to three years of supervised release and a possible fine of up to $250,000.


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How Biden Reluctantly Agreed to Send Tanks to Ukraine
How Biden Reluctantly Agreed to Send Tanks to Ukraine
Procuring the tanks will take months, officials said, giving the U.S. military time to train Ukrainian soldiers how to operate and maintain them. It was unclear whether training would take place in Germany, the United States or both, Pentagon officials said on Wednesday.


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Meta to Reinstate Trumps Facebook and Instagram Accounts
Meta to Reinstate Trumps Facebook and Instagram Accounts
“The fact is people will always say all kinds of things on the internet,” Mr. Clegg wrote in his post on Wednesday. “We believe it is both necessary and possible to draw a line between content that is harmful and should be removed, and content that, however distasteful or inaccurate, is part of the rough and tumble of life in a free society.”


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Biden Bans Roads and Logging in Alaskas Tongass National Forest
Biden Bans Roads and Logging in Alaskas Tongass National Forest
Tongass, he said, is “a place where eagles are as abundant as house sparrows, salmon clog streams like rush-hour traffic and wolves feed on salmon carcasses.” All of the species, he said, “do best in unlogged forests.”


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Louisiana Deliberately Indifferent to Keeping Inmates Past Release Date, Justice Dept. Says
Louisiana Deliberately Indifferent to Keeping Inmates Past Release Date, Justice Dept. Says
Casey Denson, who is representing Johnny Traweek, a former prisoner in Orleans Parish who served 20 days past his release date, said the Justice Department action makes it more likely Louisiana will change its practices.


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Swiss Watch Exports Soar To A Record $27-Billion In 2022, With The U.S. Reigning As The Top Market
Swiss Watch Exports Soar To A Record $27-Billion In 2022, With The U.S. Reigning As The Top Market
Most of the gains in 2022 were powered by sales to the United States, the world\'s largest market for Swiss watches in 2022, with a 26.3% increase over exports in 2021. The U.S. regained its spot from China, which dominated the market pre-COVID. Exports of Swiss watches to the U.S. increased by 26.3% last year, totaling CHF 3.9-billion (about $4.25-billion, nearly doubling from 2020. Exports to China, the second-largest of the 30 markets tracked by the FH, were down by -13.5% in 2022, to CHF 2.6-billion (about $2.8-billion). The third largest market is Hong Kong, followed by Japan, the UK, Singapore, Germany and France. Rounding out the top 10 are UAE and Italy. Watches priced over CHF 3,000 represented the largest portion of exports by value (about $19.6-billion) in terms of exports for all of 2022 globally.


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First Look: Londons Iconic Dorchester Hotel Reveals Its Newly Renovated Spaces
First Look: Londons Iconic Dorchester Hotel Reveals Its Newly Renovated Spaces
Madeover rooms and suites are set to debut in March with soft Englishe-inspired color palettes (think: pale leaf green and rosy pinks as well as heather blue and lemon yellow). Also, a forthcoming Cake & Flower shoppable boutique will be stocked with the sweeter things in life: Pastries and bouquets.


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The 100 Best Places To Dine In America, According To Yelp
The 100 Best Places To Dine In America, According To Yelp
To determine Yelp’s Top Places to Eat in 2023, Yelp reached out to the user community first, requesting individuals submit their favorite restaurants. Yelp’s data science team analyzed the submissions from the community, determining the top restaurants by ratings, number of reviews, and volume of submissions, with geographic representation based on equal share of submissions of top-rated restaurants nationally. Yelp further curated the list with the expertise of Community Managers around the country to finalize the rankings. And here they are:


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This is what the bill giving Kenyans the right to disconnect means
This is what the bill giving Kenyans the right to disconnect means
“[It will] introduce new stringent measures that will curtail the prerogative to manage enterprises by the owners. This will automatically pose a challenge to industrial relations in Kenya,” she says.


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Royal Mail says strikes have cost it 200m
Royal Mail says strikes have cost it 200m
The dispute with the Communication Workers Union (CWU) has been going on since the summer, and seven days of strikes in December led Royal Mail to bring forward its last-suggested posting dates for Christmas mail.


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UK car production collapses to lowest for 66 years
UK car production collapses to lowest for 66 years
He called for a strategy to accelerate battery production and the shift to electric vehicles, adding that the UK was well placed to succeed given its skilled workforce and engineering expertise.


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How Smart Are the Robots Getting?
How Smart Are the Robots Getting?
Certainly, these bots will change the world. But the onus is on you to be wary of what these systems say and do, to edit what they give you, to approach everything you see online with skepticism. Researchers know how to give these systems a wide range of skills, but they do not yet know how to give them reason or common sense or a sense of truth.


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China Needs Couples to Have More Babies: Can I.V.F. Help?
China Needs Couples to Have More Babies: Can I.V.F. Help?
Since her transplant, which was successful, in late November, Ms. Guo has been taking it easy back at home in Zhangjiakou. The hot pot restaurant that she and her husband own has been busy during the current Lunar New Year period. She still helps out, and she has found time to knit two mattress quilts for the baby.


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Depleted Under Trump, a Traumatized E.P.A. Struggles With Its Mission
Depleted Under Trump, a Traumatized E.P.A. Struggles With Its Mission
“You have an organization that was at some level traumatized to begin with, that was facing difficulties created over many, many years of divestment and now you have a new set of requirements that are going to call for new capabilities,” he said. “They’re going to have to build up their strength, and that does not happen overnight.”


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IBM tops revenue estimates, says it will cut 3,900 jobs
IBM tops revenue estimates, says it will cut 3,900 jobs
IBM outperformed its tech peers in 2022, the worst year for the Nasdaq since 2008. IBM rose 11% last year and was one of only two U.S. tech companies valued at $50 billion or more to notch gains. The other was VMware, which agreed in May to be acquired by Broadcom for $61 billion.


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Tesla reports record revenue and beats on earnings
Tesla reports record revenue and beats on earnings
This driver assistance system is only available to customers who purchase or subscribe to Tesla\'s premium driver assistance package, marketed as FSD, or Full Self-Driving capability. Tesla does not make autonomous vehicles, or a driver assistance system that is safe to use without a driver behind the wheel, ready to steer and brake at all times. FSD Beta contains new software features that the company has not yet fully debugged.


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School board votes to cut ties with superintendent weeks after 6-year-old allegedly shot teacher | CNN
School board votes to cut ties with superintendent weeks after 6-year-old allegedly shot teacher | CNN
Under Virginia law, it's a misdemeanor for an adult leaves a loaded, unsecured firearm in such a way it could endanger a child under the age of 14. It is prohibited for a person to unknowingly allow a child under the age of 12 to use a firearm.


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Half Moon Bay mass shooting suspect is charged with 7 counts of murder in the deadliest attack the California county has ever seen | CNN
Half Moon Bay mass shooting suspect  is charged with 7 counts of murder in the deadliest attack the California county has ever seen | CNN
Police were eventually pointed to the suspect's location after a woman who had lent the suspect her phone heard him make "several incriminating statements including 'I killed those people,'" Murray said during a news conference.


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Biden rallies Western alliance and gives Zelensky an 'iron fist' against Putin | CNN Politics
Biden rallies Western alliance and gives Zelensky an 'iron fist' against Putin | CNN Politics
So far, the provision of fighter jets - his government's most cherished request - has been a red line Biden has been unwilling to cross. It is also one that previously caused splits in the alliance.


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Adam Scott gets closure on perceived 'Boy Meets World' snub | CNN
Adam Scott gets closure on perceived 'Boy Meets World' snub | CNN
Adam Scott went on the "Boy Meets World" rewatch podcast, "Pod Meets World," on Sunday and jokingly confronted Danielle Fishel, Rider Strong and Will Friedle about a moment on set that he said he still thinks about decades later.


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Cameroon ejected 32 players for failing age tests for a soccer tournament. How Samuel Eto'o is dealing with 'age cheating' | CNN
Cameroon ejected 32 players for failing age tests for a soccer tournament. How Samuel Eto'o is dealing with 'age cheating' | CNN
"The bill stops with us as federations in as far as we are putting in place structures that ensure that there's nothing to do with cheating in the first place," says Zakazaka.


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Senate intelligence chair says 'all things will be on the table' to get access to Biden and Trump's classified documents | CNN Politics
Senate intelligence chair says 'all things will be on the table' to get access to Biden and Trump's classified documents | CNN Politics
Cotton told reporters following the briefing, "I'm prepared to refuse consent or to fast track any nominee for any department or agency and take every step I can on every committee on which I serve to impose consequences on the administration until they provide these documents."


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Scott Galloway on the 'scarier part' of AI tools like ChatGPT | CNN Business
Scott Galloway on the 'scarier part' of AI tools like ChatGPT  | CNN Business
Most stock quote data provided by BATS. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. All times are ET. Factset: FactSet Research Systems Inc. All rights reserved. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Fair value provided by IndexArb.com. Market holidays and trading hours provided by Copp Clark Limited.


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Meta says it won't punish Trump for attacking the 2020 election results. But the 2024 vote is a different story | CNN Business
Meta says it won't punish Trump for attacking the 2020 election results. But the 2024 vote is a different story | CNN Business
Most stock quote data provided by BATS. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. All times are ET. Factset: FactSet Research Systems Inc. All rights reserved. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Fair value provided by IndexArb.com. Market holidays and trading hours provided by Copp Clark Limited.


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These are the names to know in the murder trial of Alex Murdaugh | CNN
These are the names to know in the murder trial of Alex Murdaugh | CNN
An expert in bloodstain pattern analysis who analyzed the shirt worn by Alex Murdaugh on the night his wife and son were killed. In a motion filed just before the trial, the defense asked the court to prohibit Bevel from testifying.


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Scammers posed as tech support to hack employees at two US agencies last year, officials say | CNN Politics
Scammers posed as tech support to hack employees at two US agencies last year, officials say | CNN Politics
While financially motivated crooks were apparently behind this campaign, the US agencies said they were concerned such hackers could sell stolen data to government-backed spies. The legitimate tech-support software used in the scam is useful for hackers looking to maintain covert, long-term access to a network, officials said.


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IBM is cutting 3,900 jobs | CNN Business
IBM is cutting 3,900 jobs | CNN Business
Most stock quote data provided by BATS. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. All times are ET. Factset: FactSet Research Systems Inc. All rights reserved. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Fair value provided by IndexArb.com. Market holidays and trading hours provided by Copp Clark Limited.


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As Tough Elections Loom in Turkey, Erdogan Is Spending for Victory
As Tough Elections Loom in Turkey, Erdogan Is Spending for Victory
While it was unclear whether Mr. Erdogan had personally intervened in the case, Mr. Sinar said he doubted that a judge would rule against such a high-profile figure without knowing that Mr. Erdogan would approve.


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New York to Expand Composting Citywide, Targeting Trash and Rats
New York to Expand Composting Citywide, Targeting Trash and Rats
“It’s actually so much better in your home — there’s no big, giant trash bag with smelly, gnarly stuff,” she said. “You put wet food scraps in a separate container and it makes all of your trash less gross.”


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In Rare Rebuke, Elaine Chao Calls Out Trump's Anti-Asian Attacks
In Rare Rebuke, Elaine Chao Calls Out Trump's Anti-Asian Attacks
By entering your email and clicking Sign Up, you\'re agreeing to let us send you customized marketing messages about us and our advertising partners. You are also agreeing to our Terms of Service and Privacy Policy.


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Conservative Columnist Shreds 'Deranged Hobo' Trump: 'Lost His Grip On Reality'
Conservative Columnist Shreds 'Deranged Hobo' Trump: 'Lost His Grip On Reality'
By entering your email and clicking Sign Up, you\'re agreeing to let us send you customized marketing messages about us and our advertising partners. You are also agreeing to our Terms of Service and Privacy Policy.


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Washington Post Predicts How Kevin McCarthy's Latest 'Pettiness' Could Haunt Him
Washington Post Predicts How Kevin McCarthy's Latest 'Pettiness' Could Haunt Him
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