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Showing posts from April, 2023

Brazilian police probe deadly shooting on Indigenous land

Brazil’s federal police say they are investigating a shooting that killed one and wounded two Yanomami Indigenous people SAO PAULO -- Brazil's federal police said Sunday they are investigating a shooting that killed one and wounded two Yanomami Indigenous people, saying the main suspects were illegal gold miners working in that area of Roraima state. A police statement said in a statement that the incident took place Saturday and added that the government sent members of the ir force and the Indigenous issues agency FUNAI to help with the probe . Earlier this year, Brazil's government pushed illegal gold miners out of Yanomami territory, saying their mining had caused widespread river contamination, famine and disease for one of the most isolated groups in the world. Brazil's government estimated about 20,000 people were engaged in illegal mining in February, often using toxic mercury to separate out gold. Since then, several federal police and Military raids have ma...

Federal regulators race to seize and sell First Republic Bank

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Federal regulators are racing to seize and sell First Republic Bank as soon as this weekend, a source familiar with the matter told ABC News. Federal regulators are racing to seize and sell First Republic Bank as soon as this weekend, a source familiar with the matter told ABC News. A takeover of the embattled regional bank would be part of a broader effort by the federal government to stem the banking crisis initiated by the failure of Silicon Valley Bank last month. One option is for the FDIC to take control of First Republic Bank, then quickly sell its assets to another private bank. Or, if no deal with a private bank is reached, the FDIC might need to take full ownership of First Republic itself. In that second scenario, it's unclear whether the FDIC would make all uninsured deposits whole, as it did with SVB and Signature Bank. Officials at the Treasury Department and Federal Reserve would likely need to sign off on a plan to cover First Republic's uninsured deposits ...

Ryan Gravenberch urges Bayern Munich to sanction potential summer exit

Ryan Gravenberch has asked Bayern Munich to soften their stance on a potential summer exit, urging the club to listen to any offers which may arrive, 90min understands. The midfielder has been a bit-part figure at the Allianz Arena since signing from Ajax last summer , barely featuring under both Julian Nagelsmann and Thomas Tuchel. Despite dropping down the pecking order, sources have told 90min that Bayern have informed Gravenberch that they do not intend to let him leave as things stand. However, the 20-year-old has in turn demanded that the club at least consider allowing him to pursue a new opportunity following a subpar debut year in Bavaria. Liverpool have been scouring for alternatives to Borussia Dortmund's Jude Bellingham after withdrawing from the race to sign him this summer . READ MORE FROM THE 90MIN TALKING TRANSFERS TEAM feed They are pushing hard to sign Gravenberch either on loan or for a permanent deal which could see Bayern double their money on him - the Ger...

Caglar Soyuncu signs Atletico Madrid contract ahead of Leicester exit

Caglar Soyuncu has signed a pre- contract with Atletico Madrid ahead of a summer switch to Spain, 90min understands. Soyuncu joined Leicester in 2018 and quickly established himself as a key player for the Foxes, even earning a spot in the 2019/20 PFA Team of the Year, but he later fell out of favour under Brendan Rodgers. With his contract winding down, Soyuncu began speaking with Atletico in January and had even been tipped to move to Spain during the winter window. Such a move broke down, however, forcing Los Rojiblancos to focus on a summer transfer instead. Terms of a contract were agreed soon after and sources have now confirmed to 90min that Soyuncu has put pen to paper on a four-year contract READ MORE FROM THE 90MIN TALKING TRANSFERS TEAM feed Soyuncu will head to Madrid in the summer and bring an end to his five-year spell with Leicester, in which he helped lead the Foxes to their first-ever FA Cup glory in 2020/21. The 26-year-old would remain a starter for the majorit...

Germany arrest Syrian suspected of planning Islamist attack

German authorities have arrested a Syrian man on suspicion of planning to carry out an explosives attack motivated by Islamic extremism BERLIN -- German authorities have arrested a Syrian man on suspicion of planning to carry out an explosives attack motivated by Islamic extremism, officials said Tuesday. Federal police said officers arrested the 28-year-old man early Tuesday in the northern city of Hamburg based on a court-issued warrant for suspected terrorism financing offenses. Investigators say the man is suspected of trying to obtain substances online that would have allowed him to manufacturer an explosive belt “in order to carry out an attack against civilian targets.” Police say the man was encouraged and supported in his action by his 24-year-old brother, who lives in the southern town of Kempten. German news agency dpa reported that the younger man was also detained. The brothers, whose names weren't immediately released, were described by federal police as being motiv...

Sudan rivals attempt another truce as civilians flee unrest

Sudan’s rival generals have made a new attempt at a 24-hour cease-fire after a failed truce the night before KHARTOUM, Sudan -- Sudan's rival generals on Wednesday made a new attempt at a 24-hour humanitarian cease-fire after a failed truce the night before. But sporadic fighting continued, and aid groups said they needed guarantees and a wider window to help civilians trapped by five days of intense urban combat. Terrified Sudanese fled Khartoum earlier in the day, hauling whatever belongings they could carry and trying to get out of the capital, where forces loyal to the country's top two generals have been battling each other with tanks, artillery and airstrikes since Saturday. The fighting became less intense in the first hours after the cease-fire took effect at 6 p.m., with sporadic clashes continuing in the city center, said Atiya Abdalla Atiya, secretary of the Doctors’ Syndicate, who is still in the capital. But he said neither side has provided guarantees to his grou...

Kim says N Korea finishes development of 1st spy satellite

North Korean leader Kim Jong Un says his country has completed the development of its first military spy satellite and ordered officials to go ahead with its launch SEOUL, South Korea -- North Korean leader Kim Jong Un said his country has completed the development of its first military spy satellite and ordered officials to go ahead with its launch as planned, state media reported Wednesday. During his visit to the North’s aerospace agency Tuesday, Kim stressed it’s crucial to acquire a space-based surveillance system in the face of what he called U.S.-led security threats, the Korean Central News Agency said. North Korea says its spate of weapons tests, including its first test-launch of a solid-fueled intercontinental ballistic missile designed to strike the U.S. mainland last week, are a response to joint military exercises between the United States and its regional allies South Korea and Japan. At the National Aerospace Development Administration, Kim said military reconnaissance ...

3 missing sailors likely encountered 20-foot seas near Mexico: Coast Guard commander

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Three Americans missing off the coast of Mexico likely encountered "significant" weather and waves as they attempted to sail their 41-foot sailboat to San Diego. Three Americans missing off the coast of Mexico likely encountered "significant" weather and waves as they attempted to sail their 41-foot sailboat from Mazatlán to San Diego. United States and Mexican authorities have been searching for Kerry O'Brien, Frank O'Brien, and William Gross, who have not contacted friends, family, or maritime authorities since April 4. "When it started to reach into five, six, seven days and we started to get a little more concerned," Kerry's brother Mark Argall told ABC News. Ocean Bound sailboat, the boat three Americans were sailing from Mexico in before going missing. USCGNorCal U.S. Coast Guard commander Gregory Higgins expressed concern that the weather in that region worsened around April 6, with swells and wind creating waves potentially over 20 ...

Putin meets with China's defense minister in Moscow

Russian President Vladimir Putin has met with China’s defense minister in Moscow MOSCOW -- Russian President Vladimir Putin met with China's defense minister on Sunday, underscoring Beijing's strengthening engagement with Moscow, with which it has largely aligned its foreign policy in an attempt to diminish the influence of the United States and other Western democracies. Putin and Russian Defense Minister Sergei Shoigu met with Gen. Li Shangfu less than a month after Chinese leader Xi Jinping held a three-day state visit to Moscow. China has refused to criticize Russia’s Military actions in Ukraine and blames the United States and NATO for provoking Moscow. But China’s foreign minister said last week that China wouldn't be helping Russia with weapons, as the U.S. and other Western allies have feared. Officially, China remains neutral in the Ukraine conflict. However, Xi's trip emphasized how China is increasingly becoming the senior partner in the relationship a...

Bagnaia expects Alex Marquez to be “a great rival” in COTA MotoGP sprint race

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Listen to this article Bagnaia spent much of the Q2 session in Texas battling with Gresini Ducati counterpart Marquez, with the pair setting identical 2m02.242s laps with around eight minutes left on the clock. As both began their final run, Marquez followed Bagnaia out of pitlane, which prompted the latter to stop in order to prevent the Spaniard from using him as a reference. Bagnaia ultimately began the first lap of his second run with Marquez in tow, but backed out of it to set up a final tour that would see him produce a 2m01.892s to claim his first pole of 2023. Marquez crashed on his last flying lap and will line up fourth, but displayed strong race pace in practice, with Bagnaia expecting the Gresini rider to be his biggest rival in this afternoon’s 10-lap sprint . “I feel great ,” Bagnaia said in parc ferme. “We worked so well, I’m happy for what we have done. From FP...

JPMorgan Chase profits jump 52% amid banking turmoil

JPMorgan Chase says first-quarter profits rose 52%, helped by higher interest rates which allowed the bank to charge customers more for loans JPMorgan Chase & Co. posted a 52% jump in its first-quarter profit s, helped by higher interest rates, which allowed the bank to charge customers more for loans. The bank saw deposits grow noticeably, as Business and customers flocked to the banking titan after the failure of Silicon Valley Bank and Signature Bank last month. With JPMorgan's strong results, as well as solid results from Citigroup and Wells Fargo on Friday, there seem to be few signs of potential trouble in the banking system — at least among the nation's biggest, most complex financial institutions. “These were the most watched bank earnings announcements in over a decade, with market participants scouring the results looking for signs of cracks in the US banking sector. Those analysts looking for signs of the banking crisis were greatly relieved to not find any,” ...

Ukraine's spy chief says 'Russia is the only beneficiary' of US intelligence leak

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Ukraine's most senior military intelligence official, Maj. Gen. Kyrylo Budanov, spoke to ABC News in his first interview since a massive leak of U.S. government secrets. KYIV, Ukraine -- Ukraine's most senior Military intelligence official is blaming Russia for the massive leak of U.S. government secrets that has dominated headlines in recent days. In his first interview since classified documents from the U.S. Department of Defense were leaked online last week, Ukrainian Maj. Gen. Kyrylo Budanov told ABC News in Kyiv on Wednesday evening that information warfare of this kind is nothing new. "Russia is the only beneficiary of this," Budanov said. "We will get the final answer only after the completion of the investigation." Budanov confirmed he spoke with his U.S. counterparts soon after the leak. "We have communication with relevant services in the U.S.," he added, "and from literally the first few hours, we started to talk." The Ukr...