Showing posts with label bitcoin. Show all posts
Showing posts with label bitcoin. Show all posts

Thursday, January 30, 2025

News roundup, 30 Jan 2025

- A Bombardier CRJ-700 operated on behalf of American Airlines, carrying 60 passengers and 4 crew, has collided in midair with a US military UH-60 Black Hawk helicopter with a crew of 3 over the Potomac River near Washington, DC. Numerous fatalities have already been reported, and folks on Reddit who listen to scanners are saying that a few if any survivors are expected; EMS workers were apparently heard saying things like "Going to the firehouse to make sure the big refrigerator is turned on".

- Donald Trump has ordered his administration to look into the creation of a "national digital asset stockpile". This falls short of what the hardcore crypto bros were hoping for, which was the immediate creation of a strategic bitcoin reserve; nonetheless, the price of bitcoin briefly surged following the announcement before dropping again.

- The Trump administration, who had earlier ordered a temporary pause in a lot of federal funding, has now rescinded this following a court order. They still plan to review spending, however, and it's a safe bet that they will still make a lot of cuts, while telling people whose programs didn't get cut how lucky they are.

- Friedrich Merz, leader of Germany's Christian Democrats, has managed to push a motion on immigration through the country's parliament with the support of AfD. The motion is nonbinding, but has aroused great concern about the precedent set by cooperating with the far right. Chancellor Olaf Sholz called the move "an unforgivable mistake"; in any case, Sholz's Social Democrats as well as the Greens say that implementing the policy would violate German as well as EU law on refugees.

- Americans are souring somewhat on some of Donald Trump's policies, according to a new poll. Unfortunately, it's a bit late for that now.

- Parks Canada has concluded that it's probably too late to eradicate Zebra Mussels from Clear Lake in Manitoba's Riding Mountain National Park. As a result, the watercraft ban that had been placed on the lake will be lifted, albeit with under a "one boat, one lake" policy. How this policy is to be enforced is not clear.

- Former Democratic Senator Bob Menendez has been sentenced to 11 years in prison for accepting gifts from foreign governments; said gifts included a brand new Mercedes-Benz as well as cash and gold bullion. Menendez represented New Jersey, a place that makes Quebec look like Norway in comparison.

- A brawl broke out at a meeting in Thornton Township, IL on Tuesday night. One of the combatants was the mayor's boyfriend, who had recently been hired by the municipality to run a youth program but had been put on leave as a result of a motion put through by a newly elected trustee.

Tuesday, December 10, 2024

News roundup, 10 Dec 2024

- A suspect is in custody in the death of UnitedHealthcare CEO Brian Thompson. Luigi Mangione was picked up at a McDonald's in Altoona, Pennsylvania; more information about the suspect may be found here. He seems to be an avid reader; he left reviews on Goodreads of a number of interesting books, including Ted Kaczynski's manifesto Industrial Society and its Future. This comes despite the general public not having much enthusiasm for the manhunt, with the shooter approaching folk hero status. Even many prominent "internet sleuths" wanted nothing to do with the search, and the McDonald's location in question has been flooded with one-star reviews due to the staff ratting Mangione out. This probably has something to do with the nature of the private health insurance business; such companies are notorious for denying coverage under questionable circumstances. Thompson's own company has been accused of using unreliable AI systems to screen claims, for instance. For his part, the CEO of UnitedHealthcare's parent company, UnitedHealth, thinks it's "offensive" for the media to be talking about this right now. Insurers are responding to this by taking down biographical info about their executives from their websites (hey, it's a lot cheaper than actually paying out claims).

- The fall of the Syrian regime seems to have resulted from the actions of many disparate forces. The largest of these is Hayat Tahrir al-Sham (Levant Liberation Union); others include a Kurdish group (the Syrian Democratic Forces) as well as others, which disconcertingly include ISIS/Daesh. Given that several of these groups (especially Daesh) are likely to be unwilling to work with the others, we can expect a fair bit of instability for the foreseeable future.

- The European Commission, the EU's executive, has delayed the implementation of their deforestation law by a year, but fortunately has refused to water down the legislation despite the efforts of some EU parliamentarians.

- The proposed property tax increase in Winnipeg has led to a lot of whining from some homeowners; the CBC quoted one resident of the Crescentwood neighbourhood as saying "it hurts". I dunno, I figure if you own a house in Crescentwood you aren't really too hard done by.

- Vancouver mayor Ken Sim wants to create a bitcoin reserve for the city; experts who haven't drunk the crypto Kool-Aid think this is a bad idea due to the volatility of the product.