U.S. and Europe Eye Russian Assets to Aid Ukraine as Funding Dries Up
29Dec Avatar photoBy Kyle C. GarrisonNo Comments
Investments and Business

U.S. and Europe Eye Russian Assets to Aid Ukraine as Funding Dries Up

The Biden administration is quietly signaling new support for seizing more than $300 billion in Russian central bank assets stashed in Western nations, and has begun urgent discussions with allies about using the funds to aid Ukraine’s war effort at a moment when financial support is waning, according to senior American and European officials.Until recently, Treasury Secretary Janet L. Yellen had argued that without action by Congress, seizing the funds was “not something that is legally permissible in the United States.” There has also been concern among some top American officials that nations around the world would hesitate to keep their funds at the New York Federal Reserve, or in dollars, if the United States established a precedent for seizing the money.But the administration, in coo...
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Shakira Honored With a Statue in Her Hometown in Colombia
29Dec Avatar photoBy Kyle C. GarrisonNo Comments
Politics

Shakira Honored With a Statue in Her Hometown in Colombia

The Colombian coastal city of Barranquilla this week revealed a 21-foot-tall tribute to one of the country’s most famous cultural exports: Shakira.“A heart that composes, hips that don’t lie, an unmatched talent, a voice that moves the masses and bare feet that march for the good of children and humanity,” reads the plaque below the statue.“I am honored and moved by this incredible recognition in my Barranquilla, the city where I was born,” Shakira said in a statement. “Every barranquillero and barranquillera are my brothers and sisters and the inspiration of my life since my childhood.”The statue’s sculptor, Yino Márquez, said he was delighted by the way the sculpture had been received by the public and by Shakira and her family after it was unveiled on Tuesday. The singer’s mother, he sa...
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Covid Variant JN.1 Now Accounts for Nearly Half of U.S. Cases
28Dec Avatar photoBy Kyle C. GarrisonNo Comments
Politics

Covid Variant JN.1 Now Accounts for Nearly Half of U.S. Cases

As the holiday season winds down and Covid-19 cases start to pick up, a variant called JN.1 has now become the most common strain of the virus spreading across the United States.JN.1, which emerged from the variant BA.2.86 and was first detected in the United States in September, accounted for 44 percent of Covid cases nationwide by mid-December, up from about 7 percent in late November, according to data from the Centers for Disease Control and Prevention. To some extent, this jump is to be expected. “Variants take some time to get going,” said Dr. William Schaffner, an infectious disease specialist at Vanderbilt University Medical Center. “Then they speed up, they spread widely, and just when they’re doing that, after several months, a new variant crops up.”JN.1’s momentum this month sug...
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NFL playoff picture after Week 16: Ravens close in on AFC’s top seed; NFC up for grabs
28Dec Avatar photoBy Kyle C. GarrisonNo Comments
Politics

NFL playoff picture after Week 16: Ravens close in on AFC’s top seed; NFC up for grabs

The Baltimore Ravens scored their most impressive victory of the season Monday night, defeating the San Francisco 49ers 33-19. Along with making them look like worthy Super Bowl contenders, the victory puts them in a fantastic position in the AFC. At 12-3, they’re a game ahead of Miami and have a chance to clinch the top spot next week in a game against those very Dolphins.Meanwhile, the 49ers’ loss sends them to 11-4 and a three-way tie atop the NFC with the Philadelphia Eagles and Detroit Lions. The 49ers own the tiebreaker over both, but with two games to go, there’s still time for the Eagles or Lions to make a move.As for the rest of the NFL, Week 16 saw plenty of movement in the playoff picture. Let’s take a look at where things stand as we enter Week 17.Listed odds to make the playof...
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Chinese Spy Agency Rising to Challenge the C.I.A.
28Dec Avatar photoBy Kyle C. GarrisonNo Comments
Science and Technology

Chinese Spy Agency Rising to Challenge the C.I.A.

The Chinese spies wanted more. In meetings during the pandemic with Chinese technology contractors, they complained that surveillance cameras tracking foreign diplomats, military officers and intelligence operatives in Beijing’s embassy district fell short of their needs.The spies asked for an artificial intelligence program that would create instant dossiers on every person of interest in the area and analyze their behavior patterns. They proposed feeding the A.I. program information from databases and scores of cameras that would include car license plates, cellphone data, contacts and more.The A.I.-generated profiles would allow the Chinese spies to select targets and pinpoint their networks and vulnerabilities, according to internal meeting memos obtained by The New York Times.The spie...
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Tencent and Netease Rally on Signs China May Ease Gaming Proposal
28Dec Avatar photoBy Kyle C. GarrisonNo Comments
Investments and Business

Tencent and Netease Rally on Signs China May Ease Gaming Proposal

The stock prices of Chinese video game companies rebounded Wednesday after investors seized on signals that the government was having second thoughts about proposed regulations on gaming.Since the weekend, regulators have tried to calm the market after shares of the two largest video game companies, Tencent and Netease, plunged on Friday.When trading resumed after the four-day holiday weekend in Hong Kong, Tencent rose about 4 percent and Netease jumped 12 percent, recovering some of their losses. The companies’ shares rose again on Thursday, although more modestly.The events of the past several days underline the push-and-pull forces in Chinese policymaking. The country’s top leaders have acknowledged that they need to stabilize the economy, which has been slow to recover from being virtu...
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Ukraine Attacks Novocherkassk, a Russian Warship, in Crimea
27Dec Avatar photoBy Kyle C. GarrisonNo Comments
Politics

Ukraine Attacks Novocherkassk, a Russian Warship, in Crimea

Ukraine scored a major success on Tuesday when it struck a Russian warship at port in Crimea, one of the most significant attacks against Moscow’s Black Sea Fleet in months. But in another setback for their ground campaign, Ukrainian officials acknowledged that they had all but retreated from the eastern city of Marinka after a monthslong battle to defend it.The two developments underscored the diverging fortunes of the two combatants this winter in a war that has largely settled into a deadlock: Ukraine racking up naval successes in the Black Sea and Crimea, where it is putting Russia on the defensive, and Russia pressing its attack on battlefields in the east after blunting a Ukrainian counteroffensive.A day after Russia said it had taken complete control of Marinka, Gen. Valery Zaluzhn...
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