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The Daily Brief: Largest Leak of Documents Totaling Over 2.94 Terabytes

Many world leaders are reeling over the leakage of their personal financial records to the International Consortium of International Journalists.

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The Daily Brief Largest Leak of Documents Totaling Over 2.94 Terabytes

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Summary:

  • Many world leaders are reeling over the leakage of their personal financial records to the International Consortium of International Journalists.
  • Called the Pandora Papers, the leaks have revealed how the elite political leadership use offshore accounts and luxury residences to protect their monies.
  • Over 300 leaders have been implicated in the leakage, including Jordan’s King Abdullah II, Russian President Vladimir Putin and Kenya’s President Uhuru Kenyatta.
  • Over 600 reporters are involved in the financial review of the documents.
  • The documents disclose luxury homes and other assets held in destinations ranging from Monaco to Malibu.
  • Over 11.9 million records were leaked.
  • While ownership of overseas assets is not illegal, it may cause embarrassment for political leaders facing domestic economic crises.

Sources

BBC

NPR

Al Jazeera

Tweets

Other Headlines

U.K. Still Adjusting to Life Post Brexit

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  • British Prime Minister Boris Johnson shared that his country is still adjusting to life post Brexit.
  • Britain is suffering from severe fuel shortage and rising costs of food and other necessities.
  • Residents faced long lines for the few fueling stations still carrying petrol.

Sources

BBC

Tweets

Operation Barkhane 

https://commons.wikimedia.org/w/index.php?search=Operation+Barkhane&title=Special:MediaSearch&go=Go

  • Algeria banned the French’s military’s plane space 
  • France’s regular jets fly over to West Africa to help with the battle for operation Barkhane. 
  • This decision only slightly changes anything towards their operations in Africa 

Sources

France 24

Tweets

Tropical Cyclone Shaheen causing havoc 

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  • Tropical cyclone Shaheen is hitting Iran causing damage and devastation to the area. At least nine people were killed from this storm. 
  • Two Asian workers were hit by a landslide. A child was taken by the storm, he was found dead.
  • The wind speed of this cyclone goes up till 120-150km. 

Sources

Al Jazeera

Tweets

A cleaner fresher world, sea cable to power homes 

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  • The world’s largest sea cable will connect from Norway to the United Kingdom to deliver electricity. It will be able to power 1.4 million homes. 
  • This project is known as North Sea link and it will be able to power 1,400 megawatts of electricity using hydropower.
  • Going as far as 450 miles, a cost of €1.4 billion and 6 years to build resulted in something that will help us advance into the future to limit the use of carbon dioxide.

Sources

Independent

Tweets

Private Jet Collides With Building In Milan

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https://commons.wikimedia.org/wiki/Category:Bank_buildings_in_Milan#/media/File:Via_Giuseppe_Mengoni,_Milan,_May_2018_(02).jpg

  • Romanian property developer Dan Petrescu, his wife, son, and five other people died when the plane hit an empty office building in Milan. 
  • The plane, building, and parked cars in the vicinity were engulfed in flames after the crash.  
  • An investigation is underway to determine the cause of the crash. 

Sources

BBC

Tweets

Panel Investigates French Church Clergy For Abuses 

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https://commons.wikimedia.org/wiki/File:Saint_Augustin_Church_Paris.jpg

  • The French Catholic Church authorized an inquiry into allegations of abuse by church clergy. 
  • The commision found evidence of numerous instances of abuse by church officials since the 1950s. 
  • Pope Francis recently changed Catholic Church laws to ensure that sexual abuse is criminalized. 

Sources

BBC

Bomb Explodes In Kabul Mosque 

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https://commons.wikimedia.org/wiki/Category:Id_Gah_Mosque_(Kabul)#/media/File:Id_Gah_Mosque_centre.jpg

  • Islamic State extremists are suspected of being responsible for the attack on the mosque during the memorial service of a Taliban spokesman’s mother. 
  • Five people were killed in the mosque attack. 
  • There has been tension between the Taliban and the IS militants; the IS has carried out other attacks since the Taliban had taken over. 

Sources

Associated Press

Tweets

All views expressed in this editorial are solely that of the author, and are not expressed on behalf of The Analyst, its affiliates, or staff.

Daily Brief

Salman Rushdie Severely Stabbed due to his Publication of the Book “The Satanic Verses”

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Salman Rushdie 2014
  • Salman Rushdie, an author, was severely stabbed in his neck and abdomen on stage by a suspect named Hadi Matar, causing him to be on a ventilator and potentially losing an eye.
  • An Iranian leader back in the 20th century wanted Rushdie killed because of his novel, Satanic Verses, that many Muslims found disrespectful. This led Salman to go into hiding for almost a decade.
  • Translators from different countries reading this book were harshly stabbed to death when the book came out and Iranian leader, Ayatollah Khomeini called for Salman’s execution for three million dollars.
  • The Iranian government has not yet responded to this issue, but many Iranians in the media claim him to be an apostate who later became an atheist.

All views expressed in this editorial are solely that of the author, and are not expressed on behalf of The Analyst, its affiliates, or staff.

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Daily Brief

China Threatens Consequences if Pelosi Visits Taiwan

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  • US House of Representatives Speaker Nancy Pelosi has landed inTaiwan. Prior to the visit, China’s Foreign Ministry has voiced their disapproval, stating that “China will take resolute responses and strong countermeasures to defend its sovereignty and territorial integrity.”
  • US Secretary of State Antony Blinken emphasized in response  that “The speaker will make her own decisions about whether or not to visit Taiwan,” and that the US is looking to Beijing to “act responsibly and not to engage in any escalation going forward.”
  • The US has made it clear that members of Congress routinely visit Taiwan and that this trip is non-threatening and has precedent. Even so, some officials have expressed concern that China may invade Taiwan’s air defense zone or send missiles near Taiwan in retaliation.
  • Pelosi has criticized China’s leadership and vocalized support for Taiwan in the past. She is currently on her tour of Asia, with scheduled visits to Singapore, Malaysia, South Korea and Japan.

All views expressed in this editorial are solely that of the author, and are not expressed on behalf of The Analyst, its affiliates, or staff.

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Daily Brief

First Grain Ship Departs Ukraine After Six Months of Russian Blockade

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Odesa pristav
  • The first shipment of grain departed the port of Odesa on Monday after Russia’s blockade of Ukrainian ports for the last six months trapped around 20 million metric tons of wheat and corn.
  • Russia recently made a deal with Ukraine, brokered by the UN and Turkey, allowing grain exports to resume, appeasing fears of a global food supply crisis and rising prices.
  • Ukrainian Foreign Minister Dmytro Kuleba celebrated the shipment, calling it a “day of relief for the world, especially for our friends in the Middle East, Asia, and Africa.”
  • Ukrainian President Volodymyr Zelensky was more hesitant to celebrate the shipment, stating “it is too early to draw any conclusions and make any forecasts” and he wants to “see how the agreement works and whether security will be really guaranteed.”

All views expressed in this editorial are solely that of the author, and are not expressed on behalf of The Analyst, its affiliates, or staff.

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Daily Brief

Concerns Rise As US Teeters on the Brink of Recession

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US Stock Market Investing in the United States
  • The US economy declines for the second quarter in a row, causing, what other countries would consider, an economic recession. 
  • The prices for groceries, gas, and other basics are rising at the fastest pace since 1981. The US Central Bank is quickly trying to raise borrowing costs in order to cool the economy and ease the prices on goods, but with the contraction, at the annual rate of 0.9% in the 3 months to July, many are still getting concerned. 
  • President Biden struggles to convince the public that the economy is sound, with the unemployment rate at a low 3.6%. But with inflation in the US hitting 9.1% in June, the fastest price appreciation in 4 months, consumer spending has slowed at an annual rate of 1%. 
  • Many other countries, such as China and the UK, have been hit harder by the surge in energy prices and the War in Ukraine, causing risks from abroad. Other countries are facing much more serious problems and once they’re hit, their problems can spill over and affect the US. 

All views expressed in this editorial are solely that of the author, and are not expressed on behalf of The Analyst, its affiliates, or staff.

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Daily Brief

North Korea Could Possibly Be Preparing another Nuclear Test

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North Koreas ballistic missile North Korea Victory Day 2013 01
  • North Korea could be preparing a seventh nuclear test, especially after Mr. Kim announced that the country is fully ready for any military confrontation with the US at a Korean War Anniversary event. 
  • A US special representative in North Korea states that Jong-Un has tested an unprecedented number of missiles this year—31 to 25. Jong-Un also stated that threats from the US required North Korea to achieve the urgent historical task of strengthening its self-defense. 
  • Jong-un also stated that South Korea is reviving a plan to counter North Korea’s threat by mounting precautionary strikes; in June alone, South Korea launched 8 missiles of its own.
  • The North Korean regime is especially angry with South Korea’s new president Yoon Suk-yeol and his so-called Kill Chain strategy. This strategy allows South Korea to launch ballistic missiles and air strikes on North Korean targets if it ever feels threatened. 
  • North Korea has also not been getting as much engagement with Washington ever since Biden replaced Trump, and could be hinting at some sort of deliberate escalation by the North, and preparations have been underway at the Punggye Ri test site since March.

All views expressed in this editorial are solely that of the author, and are not expressed on behalf of The Analyst, its affiliates, or staff.

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Daily Brief

Russia Limits Gas Supply to Germany

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Black Sea port of Theodosiya panoramio
  • Gazprom, a major Russian energy provider, has stated it will reduce the supply of gas to Germany by half via the Nord Stream 1 pipeline due to repair work. 
  • Germany has said that they see no technical reason for the decrease in gas supply. The European Union continues to accuse Russia of weaponizing energy, with Ukrainian President Volodymyr Zelensky stating, “This is an open gas war that Russia is waging against a united Europe.”
  • Ukraine and Russia signed an agreement to allow the export of grain via the Black Sea after Russia continued to block millions of tonnes from being exported. The next day, Russia struck missiles at the port, some of which hit the infrastructure of the port.
  • The US and Ukraine are optimistic that the agreement will still be implemented, with the US State Department stating, “Despite these attacks, we do understand that the parties are continuing preparations to open Ukraine’s Black Sea ports for food and fertilizer exports…we also continue to expect that the Black Sea agreement will be implemented.”

All views expressed in this editorial are solely that of the author, and are not expressed on behalf of The Analyst, its affiliates, or staff.

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