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Member since: Fri Jul 1, 2016, 03:42 PM
Number of posts: 745

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China loses status as world's second-largest stock market amid trade war with US

Source: CNBC

Chinese shares ceded their ranking as the second-largest stock market in the world to Japan, the Financial Times reported on Friday.

Chinese stocks were worth a total of $6.09 trillion at the market close on Thursday, the FT said, referring to figures from Bloomberg. That compared to the $6.16 trillion market value of the Japanese shares at the end of the Thursday trading session.

China's market surpassed Japan in market value in November 2014 to become the world's second-largest, the FT said. The U.S. stock market, which continues to be the world's largest, was valued at $31 trillion at the end of Thursday, it added.

The change in rankings came after Asian markets declined in the previous session amid an elevation in trade tensions after the Trump administration said it was considering increasing a proposed tariff on $200 billion in Chinese goods to 25 percent compared to an initially announced 10 percent.

Read more: https://www.cnbc.com/2018/08/03/china-loses-status-as-worlds-second-largest-stock-market-to-japan.html

Cop's gun accidentally goes off at officer's funeral, 2 hurt

Source: NY Post

CRANSTON, R.I. — The Cranston police department is reviewing an incident in which a gun accidentally went off after the funeral for a slain Massachusetts police officer, slightly injuring two other officers.

The July 20 incident, just coming to light, involved a Cranston police sergeant who had been part of the honor guard for the funeral of Weymouth Police Sgt. Michael Chesna, who was fatally shot while investigating a car crash.

A police report says the Cranston officer, who was not identified, was changing out of his uniform on a bus outside Blue Hill Cemetery in Braintree, Massachusetts, when his gun accidentally slipped from his holster and went off.

Two Massachusetts Institute of Technology police officers who were in the area were slightly hurt by debris kicked up by the bullet. Both refused medical treatment.

Read more: https://nypost.com/2018/08/02/cops-gun-accidentally-goes-off-at-officers-funeral-2-injured/

32-Year-Old Arrested, Accused of Setting Destructive Cranston Fire in Idyllwild

Source: NBC

A 32-year-old man from Temecula was arrested on suspicion of arson Wednesday night after he was accused of setting multiple fires, one of which burned thousands of acres in the San Bernardino National Forest, destroyed homes and forced thousands to flee.

Brandon N. McGlover was arrested on suspicion of five counts of arson to wildland after the Cranston Fire erupted earlier the same day. The Cranston Fire consumed at least 4,700 acres, leveled five residential structures and closed roads.

The Cranston Fire was reported at around noon off state Route 74 in the forest area between Hemet and Mountain Center, according to the U.S. Forest Service. The fire was burning "with a rapid rate of spread," according to the USFS.

No injuries have been reported in connection with the blaze, which was zero percent contained as of Wednesday night. The cause of the fire has not been confirmed, but California Highway Patrol Officer Darren Meyer said a motorist who witnesses said was spotted "near the origin of the fire" was detained.

Read more: https://www.nbcsandiego.com/news/local/Hemet-Fire-Mountain-Center-Cranston-Highway-74-Smoke-evacuations-489151821.html

Florida man faked his murder using a gun and a weather balloon

The mysterious death of a Florida man has been solved, police say, after piecing together an elaborate suicide plot that included a weather balloon hoisting a gun into the sky. Palm Beach Gardens police began investigating the death of Alan Jay Abrahamson as a homicide. His body was found with a bullet wound to his chest in a field near his country club home in Palm Beach Gardens, Florida, on Jan. 25. Abrahamson, known to carry $200 to $300 in cash, had no cash in his wallet. His watch was missing. Police, who found no weapon or shell casings, began searching for suspects. They did find a pair of small scissors.

A $3,000 reward drew no leads. As time went on, police had more questions about what really happened to the well-loved man, "known for his extraordinary smile, contagious laugh and the twinkle in his eyes," according to his obituary in The Palm Beach Post. Surveillance video obtained a few days after the death shows Abrahamson's last moments: Wearing a long-sleeve sweatshirt, blue ball cap, shorts and sneakers, Abrahamson walks off of a sidewalk and off camera. Something was in his left hand. About 37 minutes passes. Then, a gunshot is heard.

An email found on Abrahamson's phone suggested he bought a weather balloon on Christmas day of last year. A purchase none of his friends could explain. He didn't have an interest in aerial photographer or meteorology. He also purchased helium tanks. In February, police entertained the idea that Abrahamson's death might have been a suicide. The working theory became: He tied a gun to a string, attached it to the weather balloon, and once the shot was fired, the balloon carried the weapon away from the scene.

"Although the theory seemed far-fetched, it was plausible," a police report states. A blood stain on Abrahamson's sweatshirt appeared to support the claim: A long thin line of blood had traveled up — "indicating that something was in the blood and dragged across to the top of the shirt," police note.


Britain's Daily Mirror front page headline for today - HOW DARE YOU


Arizona woman, 92, shot, killed son who tried putting her in assisted living

An elderly mother in Arizona allegedly shot and killed her son on Monday after she learned of his plans to put her in a nursing home, officials said.

Anna Blessing, 92, had been thinking about her son's intentions to put her in a home for days, the Maricopa County Sheriff's Office stated in a news release. She confronted him on Monday morning with two pistols that she hid in her robe, according to police.

Blessing told police "she removed the handgun and fired multiple rounds striking and killing her son." It was at that point that the elderly woman reportedly pointed the gun at her son's girlfriend and a struggle ensued.

The weapon reportedly "dislodged" from Blessing's hand, before she grabbed a second gun and tried to point it at the girlfriend, who knocked it out of Blessing's hand.

The girlfriend called police and Blessing was taken into custody. She was charged with one count of first-degree murder, one count of aggravated assault with a deadly weapon and one count of kidnapping.


California bows to beverage industry, blocks soda taxes

A new push by the beverage industry is slowing the expansion of soda taxes in California and elsewhere. California cities pioneered soda taxes as a way to combat obesity, diabetes and heart disease, but the Legislature and Gov. Jerry Brown on Thursday bowed to pressure from beverage companies and reluctantly banned local taxes on soda for the next 12 years.

It follows similar bans recently passed in Arizona and Michigan. Voters in Oregon will decide on a statewide ban in November. The American Beverage Association, which represents Coca-Cola, PepsiCo and others, has backed the moves after several cities passed taxes on sugary drinks in recent years.

California’s ban is part of a last-minute maneuver to block a beverage industry-backed ballot measure that would make it much harder for cities and counties to raise taxes of any kind. The ABA said in a statement the legislation is about keeping groceries, including drinks, affordable. Lawmakers approved the proposal despite deep reluctance.

“This industry is aiming a nuclear weapon at government in California and saying, ‘If you don’t do what we want we are going to pull the trigger and you are not going to be able to fund basic government services,’” said Sen. Scott Wiener, a Democrat from San Francisco, which has a soda tax.


AMLO, Mexico's answer to Donald Trump

THESE days Mexicans agree on two things. Their football team’s victory over Germany on June 17th was magnificent. And the elections on July 1st will be the most important in decades. The front-runner for the presidency, Andrés Manuel López Obrador, leads a coalition called “Juntos haremos historia” (“Together we will make history”). His opponents fear that he will achieve just that, in a bad way.

Mr López Obrador, who has run for the presidency twice before, has a folksy air of incorruptibility that enchants many Mexicans. He promises a “radical revolution”. Some hear that as a threat. Mr López Obrador has at times opposed the measures earlier governments have taken to modernise the economy. His critics liken him to Hugo Chávez, whose “Bolivarian revolution” has brought ruin to Venezuela. The nationalist populism he offers is unlike anything Mexico has seen since the early 1980s. And if the polls are right, he will win.

With that, Latin America’s second-biggest country will join a clutch of democracies where electorates have rebelled against the established order. What is about to happen in Mexico feels akin to the election of Donald Trump in America, Britain’s vote to leave the European Union and Italy’s turn towards populism. It may be repeated in Brazil, where the front-runner to win the presidency in October is Jair Bolsonaro, who speaks viciously about gay people but warmly of military rule.

The causes of popular anger vary. In Latin America, as elsewhere, voters are furious at elites they regard as corrupt, ineffectual and condescending. Just as American populists decry the “swamp” in Washington and Brazilians are aghast at the filth of their political class, Mr López Obrador fulminates against the “mafia of power” that he claims controls Mexico.


US Lawmakers Approve CREEPER Act To Ban Child Sex Robots

Lawmakers in the US have taken a step towards banning particularly creepy sex robots and dolls. The CREEPER act made it through the US House of Representatives on Wednesday. Officially known as the “Curbing Realistic Exploitative Electronic Pedophilic Robots Act of 2017”, the proposed legislation will now go to the Senate. The law they are hoping to pass will specifically ban dolls that are made to look like children. Congressman Dan Donovan, who created the legislation, said the bill will help protect children from predators.

In a statement, the congressman warned that anatomically correct dolls were being shipped in from China, Hong Kong, and Japan by potential abusers. The dolls come with accessories such as false eyelashes and wigs, as well as warming devices and cleaning tools. They can also be made to have "lifelike" facial expressions, including sadness and fear. Last year, 128 of these dolls were seized in the UK alone. Unsurprisingly, 85 percent of the men who imported the creepy lifelike dolls were also found to be in possession of child pornography.

Some advocates have said that sex robots and dolls could prevent abuse, with potential abusers "channeling" their behavior towards the dolls instead. However, researchers are unconvinced. A few weeks ago, experts warned that the rise of sex robots could be dangerous for society as a whole, saying that there was no evidence that these dolls would take away this urge, and could end up encouraging abuse instead.

“There are worries about blurred boundaries to consent and permission for enacted violence when sexbot ‘personalities’ can be selected that simulate non-consensual sex – that is, rape,” the researchers wrote in an editorial in BMJ Sexual & Reproductive Health earlier this month. t's a position the House of Representatives agree with, having just approved Congressman Donovan's legislation. "Right now, a few clicks on a computer can allow a predator to order a vile child sex doll," Congressman Donovan said in the statement. "This is not only disturbing – but also endangers the most innocent among us.

"Once an abuser tires of practicing on a doll, it’s a small step to move on to a child. My bill takes necessary steps to stop these sickening dolls from reaching our communities. We must protect children from those who wish them harm. I thank Chairman Goodlatte and House leadership for bringing this important legislation to the floor, and I implore the Senate to swiftly move it forward.”


How exactly should Russia/Putin be dealt with in the future?

I was rewatching the Obama/Romney debate from 2012 and this clip is particularly hard to watch.

Russia's capabilities in propaganda manipulation and their determination to twist US politics to their own ends was really underestimated. Even if Trump gets voted out in 2020, russians are still going to keep meddling in our affairs so what can we really do against them?
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