Posts

Showing posts from May, 2022

Elon Musk Is Visiting Brazil to Meet With Bolsonaro Friday

O Globo newspaper says they’ll meet Friday near Sao Paulo Bolsonaro says he’ll meet world-famous person, doesn’t say who Elon Musk, chief executive for Tesla Inc. and SpaceX, is traveling to Brazil to meet with Jair Bolsonaro just five months before the right-wing president seeks a second term in national elections, according to a Brazilian newspaper. The world’s richest man will be received by Bolsonaro Friday at a hotel about 70 miles from Sao Paulo, the country’s financial capital, O Globo reported on Thursday, without saying how it obtained the information. It added that the gathering was organized by Communications Minister Fabio Faria, who visited the billionaire last year in the US. Tesla and SpaceX did not respond to an inquiry about Musk’s travel plans. His plane was scheduled to depart to Brazil later on Friday, according to an automated Twitter account maintained by Jack Sweeney, who follows the whereabouts of the billionaire’s jet. While Bolsonaro’s office didn’t immediatel...

SpaceX Reportedly Paid $250,000 To Settle Sexual Harassment Accusation Against Elon Musk

Image
  TOPLINE : SpaceX paid $250,000 in 2018 to resolve allegations that CEO Elon Musk sexually propositioned a flight attendant aboard one of the company’s corporate jets, Insider reported Thursday, in a story the tech billionaire dismissed as a “politically motivated hit piece.” KEY FACTS: The flight attendant told her friend that Musk propositioned her in 2016 in his private cabin during a flight to London, Insider reported , citing unpublished documents and emails, as well as a declaration signed by the flight attendant’s friend — neither of whom Insider named. Musk allegedly “exposed his genitals” to the attendant, touched her thigh and said he would buy her a horse if she gave him an “erotic massage,” according to Insider, which interviewed the friend and reviewed the friend’s declaration (Insider said the flight attendant declined to comment). The attendant told her friend that, after she refused Musk’s alleged advances, her work shifts were reduced, giving her the ...

IBC should clear its large backlog before the next wave from the impact of Covid19 - Shyam Maheshwari

Image
 Shyam Maheshwari was the former Chief Executive Officer, Founder and Partner of SSG Capital Management Limited, and was primarily responsible for SSG’s investment activities in India. Shyam is a gold medallist (All India Rank 1) chartered accountant and also has an MBA from IIM Bangalore where he was the Institute topper. According to Shyam Maheshwari , timely and proactive restructuring of stressed assets will also provide much-needed breathing room to the IBC to clear its large backlog, before a potential wave from the impact of Covid19. Until the IBC resumes stressed and distressed companies will either continue to limp along, knowing their fate but impotent to change course or they may revert to the pre-IBC status by compromising and doing arrangements under the Companies Act with the bias on lenders to determine debt restructuring. As the financiers are delighted about demonstrating their ‘Art of Restructuring’, Shyam Maheshwari points out some factors to identify a successfu...

Troops rescue outgoing Sri Lanka PM as houses torched in deadly night of unrest

Image
  Mahinda Rajapaksa rescued in a pre-dawn military operation after day of protests in which five people were killed Sri Lanka has deployed thousands of troops and police to enforce a curfew after five people were killed in the worst violence in weeks of protests over an unprecedented economic crisis. Nearly 200 people were wounded on Monday as prime minister Mahinda Rajapaksa resigned, but that did little to calm public anger. Rajapaksa had to be rescued in a pre-dawn operation by the military on Tuesday after thousands of anti-government protesters stormed his official residence in Colombo overnight, with police firing teargas and warning shots to keep back the crowd. Protesters who forced their way into the capital’s “Temple Trees” residence then attempted to storm the main two-storey building where Rajapaksa was holed up with his immediate family. “After a pre-dawn operation, the former PM and his family were evacuated to safety by the army,” a top security official told AFP. “A...

Myanmar court sentences Suu Kyi to 5 years for corruption

Image
 BANGKOK — A court in military-ruled Myanmar convicted the country’s former leader Aung San Suu Kyi of corruption and sentenced her to five years in prison Wednesday in the first of several corruption cases against her. Suu Kyi, who was ousted by an army takeover last year, had denied the allegation that she had accepted gold and hundreds of thousands of dollars given her as a bribe by a top political colleague. Her supporters and independent legal experts consider her prosecution an unjust move to discredit Suu Kyi and legitimize the military’s seizure of power while keeping the 76-year-old elected leader from returning to an active role in politics. The daughter of Aung San, Myanmar’s founding father, Suu Kyi became a public figure in 1988 during a failed uprising against a previous military government when she helped found the National League for Democracy party. She spent 15 of the next 21 years under house arrest for leading a nonviolent struggle for democracy that earned her ...

Syrian rights groups urge US to probe Tadamon massacre

Image
 Syrian Network for Human Rights calls for action at the UN Security Council after leaked video appears to show execution of civilians\ More than a dozen prominent Syrian civil society groups have urged the United States envoy to the United Nations to launch an investigation into the 2013 killing of 41 civilians in the neighbourhood of Tadamon in Syria’s capital Damascus. “We are writing to demand immediate action to address this massacre, which amounts to a war crime, and hold perpetrators accountable at the UN Security Council,” read a letter addressed to Linda Thomas-Greenfield. The letter was published by the Syrian Network for Human Rights (SNHR) on Monday. The group of organisations also called on the US to convene a meeting at the UN Security Council during its presidency in May and launch an independent probe into the incident. “There can be no peace in Syria without justice,” the letter read. The appeal comes nearly two weeks after The Guardian published a report on a l...

How a neo-conservative think tank defined British Muslims

Image
 In an exclusive extract from his new book The Fate of Abraham, award-winning MEE commentator Peter Oborne explains how Policy Exchange has helped to dismantle traditions of tolerance and multiculturalism in the UK, with Muslims its main target In the wake of the calamity of the Iraq invasion of 2003, one might have supposed that the ideology which lay behind Tony Blair and George W Bush’s bloody misadventure would have been discredited. This has not happened. Neo-conservatism has continued to set the parameters for a great deal of policy discourse, and its supporters have continued to occupy many of the most prominent positions in British (and American) public life. There are a number of reasons for this resilience. In the UK, Policy Exchange, a London-based think tank, is one organisation which kept the neo-conservative flame burning. Though its public profile is small, it has exerted prodigious influence in political circles. In conventional politics, Policy Exchange was at firs...

NEET PG Admit Card 2022: Know how to download on nbe.edu.in

Image
 NEET PG Admit Card 2022 will likely be released soon. Candidates who have to appear for the examination can download the admit card through the official site of NBE on nbe.edu.in. National Board of Examinations in Medical Sciences, NBEMS will likely release NEET PG Admit Card 2022 soon. The National Eligibility cum Entrance Test will be conducted on May 21, 2022 across the country at various exam centres. The admit card for the examination can be downloaded through the official site of NBE on nbe.edu.in. The admit card release date have not been disclosed by the Board yet. As per the information bulletin, candidates will be informed through SMS/Email alerts and website notice regarding availability of the admit card on NBEMS website. Admit card will not be sent to the candidates by Post/ Email. NEET PG Admit Card 2022: How to download Candidates who will appear for the written examination can download the admit card through these simple steps given below. Visit the official site o...

Army evacuates former Sri Lankan PM from besieged residence

Image
  Mahinda Rajapaksa and his family taken to safety by heavily armed soldiers as anti-government protesters storm gates. Heavily armed troops have evacuated outgoing Sri Lankan Prime Minister Mahinda Rajapaksa from his official residence in Colombo after thousands of protesters breached the main gate in the worst violence in weeks of protests over an unprecedented economic crisis. Protesters who forced their way into the prime minister’s official Temple Trees residence then attempted to storm the main two-storey building on Tuesday where Rajapaksa was holed up with his immediate family. “After a pre-dawn operation, the former PM and his family were evacuated to safety by the army,” a top security official told AFP news agency. “At least 10 petrol bombs were thrown into the compound.” Rajapaksa’s evacuation to an undisclosed location followed a day of violent protests in which five people, including a member of parliament, were killed and nearly 200 wounded, and marks a sudden fall ...

Gay dating app Grindr to go public via blank-cheque company

Image
  Deal with Tiga Acquisition Corp will raise $384m, according to regulatory filings. Popular gay dating app Grindr has agreed to go public through a blank-cheque firm whose founder was part of a consortium that bought the company in 2020, according to a filing with the US Securities and Exchange Commission on Monday. The deal with Tiga Acquisition Corporation will raise $384m including $284m of the special-purpose acquisition company’s (SPAC) cash in trust plus up to $100m in a forward purchase agreement, valuing the company at $2.1bn including debt, according to the filing. The dating app was valued at $620m when it was sold in 2020 by its Chinese owner. Tiga Acquisition Corp went public in November 2020 to raise $240m, a few months after the Grindr sale. The SPAC would have to liquidate later this month if it failed to reach a deal with a potential merger target, after several extensions of the liquidation deadline. Raymond Zage III, the founder and CEO of the SPAC, was a member ...