Rise of the Global South
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Suspicious Yellow Smoke in Sky Above New Albany Chemical Plant

Roads near the Blue Grass Chemical Specialties plant in Indiana have been shut down, with firefighters drafted in - despite there being no sign of a fire.

Reports have suggested the factory's reactor malfunctioned, releasing chemicals in the air.

Nothing to see here...

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‼️ Ultra-Orthodox vs Police: Clashes in Israeli City of Bnei Brak

Looks a bit one-sided, as Israel's police use tear gas to stop Ultra-Orthodox Jews throwing eggs...

... Stay tuned.

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Hundreds of Thousands Moan Reddit is Down... Again

Is there a Reddit page for talking about how Reddit went down?

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World's First Robot Lawyer Sued in 🇺🇸 for Not Having Law Degree

The DoNotPay AI app - a robolawyer designed by a Stanford student - could end up having to defend itself in court.

It was made to help those who want to represent themselves, but a Chicago-based firm has called it dangerous to think it is a legal professional.

It cites a case over a parking ticket when the robot forgot to send a subpoena which ended up in more fines.

More Futurama than the future of law, or the legal world in a panic?

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Forwarded from Multipolar Market
India refutes reports on joining Western price cap on Russian oil

India has not adhered to the price cap on Russian oil imposed by the Group of Seven and other Western nations, Reuters reported, citing an Indian oil ministry source.

The source clarified that India has not signed any agreement with Western countries to impose a price cap on oil from Russia.

Earlier on March 12, Bloomberg, citing its sources, said that India would not breach the Western sanctions on Russia, including the price cap of $60 imposed on purchases of oil from Moscow. Indian authorities have asked banks and traders to comply with the sanctions, per the publication.

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Top Gun Maverick Flops at Oscars

Here's CBS overplaying the US surveillance drone being 'taken out' by a Russian fighter jet

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🍸 Credit Suisse Shares TANKING as Markets Open

The Swiss National Bank has yet to comment.

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‼️ Chaos in Turkey as deadly floods grip region hit by catastrophic quakes

Video shows a bridge collapsing into a river. Local media say at least five people have been killed and many are missing.

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🍸 Credit Suisse Shares TANKING as Markets Open The Swiss National Bank has yet to comment. @RiseGS
Credit Suisse shares fall 26% to record low

BlackRock ranks among Credit Suisse’s top shareholders, along with Harris Associates LP and wealthy Middle Eastern investors, including the Qatar Investment Authority and Saudi Arabia’s Olayan Group.

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Rise of the Global South
Credit Suisse shares fall 26% to record low BlackRock ranks among Credit Suisse’s top shareholders, along with Harris Associates LP and wealthy Middle Eastern investors, including the Qatar Investment Authority and Saudi Arabia’s Olayan Group. @RiseGS
Blackrock Falls? American Risk Management Behemoth Has Over 160mn Shares in Crisis-Hit Credit Suisse

Credit Suisse shares tanked nearly 30% Wednesday as part of the Silicon Valley Bank fallout with the chairman of the Saudi National Bank – which owns 9.8% of the embattled Swiss lender – appearing to rule out any further funding.

Credit Suisse has been hit by a series of missteps and compliance failures in recent years – customers withdrawing a whopping $133bn from the bank last year, with the majority in the fourth quarter.

@RiseGS
⚡️EU to Send Next Tranche of Macro-Financial Aid to Ukraine Worth €1.5bn Next Week

Brussels has allocated up to 18 billion euros for Kiev in 2023.

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YouTube Lifts Ban on Donald Trump's Account

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Twitter Glitches... Again

Outages and issues with the search bar have been flagged up on Downdetector.

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🔠🔠🔠 - China's Xi Begins Talks in Russia with Prime Minister - formal meeting with President Putin to commence afterwards

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Credit Suisse Crash: Western Bond Market Under Threat after Swiss Bank Rescue

Credit Suisse was forced to write down to zero an eye-watering $17bn of its Additional Tier 1 bonds, while shareholders will receive payouts as part of the govt-brokered UBS takeover.

AT1 bonds were introduced after the 2008 financial crisis, to increase banks’ safety buffers, while tackling the “too big to fail” risk that they might need govt support in a crisis.

The move has triggered renewed pressure on the global banking system - usually, equity investments would be classed as secondary to AT1 bonds - with investors scrambling to assess whether the same could happen for their holdings of AT1 debt in other banks - a market worth more than $275bn.

@RiseGS
Meta call Saul? Facebook Content Moderators in Kenya to Sue Zuckerberg

The social media giant is facing court over "illegally" firing moderators in the African nation.

43 people have claimed they lost their jobs with Sama - a company that Meta outsourced to - and were denied applying to a similar firm used by FB after they attempted to create a union.

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🔥 Kyiv Plotting Offensive in Direction of Lughansk & Zaporizhzhia - Site of Nuclear Power Plant

A NATO official has told the German outlet Bild that the plan is to cut off Russia's land communication to Crimea.

Defensive military alliance helping to escalate the conflict?

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UK to send depleted uranium rounds with tanks to Ukraine

According to estimates, it has roughly the 4th largest stockpile in the world. Behind the US, Russia and France.

https://declassifieduk.org/britain-supplying-depleted-uranium-rounds-to-ukraine/

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📹 Russian Jet Scrambles as Two US Bombers Fly Over Baltic Sea - the Russian jet returned to base on Monday after the aircraft veered away from the border

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⚡️NATO Claims Turkey Ready to Allow Finland's Accession - Sweden Still a No-Go

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