Tag Archives: backed

Jonathan Glazer’s Controversial Oscars Speech Backed by Group of Jewish Creatives – Hollywood Reporter

  1. Jonathan Glazer’s Controversial Oscars Speech Backed by Group of Jewish Creatives Hollywood Reporter
  2. Joaquin Phoenix, Elliott Gould, Chloe Fineman and More Jewish Creatives Support Jonathan Glazer’s Oscars Speech in Open Letter (EXCLUSIVE) Variety
  3. Steven Spielberg Denounces Antisemitism and Anti-Muslim Hate, Warns Against ‘Rise of Extremist Views’ Rolling Stone
  4. Joaquin Phoenix and Joel Coen sign open letter in support of Glazer’s Oscar speech The Guardian
  5. Tony Kushner: Israel’s Gaza War ‘Looks a Lot Like Ethnic Cleansing to Me’ – Podcasts Haaretz

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‘SEAL Team’ Staffer Claims He Was Denied Scribe Gig Over Being White, Straight Male; Suit Backed By Trump Aide Stephen Miller’s MAGA Legal Foundation – Deadline

  1. ‘SEAL Team’ Staffer Claims He Was Denied Scribe Gig Over Being White, Straight Male; Suit Backed By Trump Aide Stephen Miller’s MAGA Legal Foundation Deadline
  2. Conservative-backed lawsuit takes aim at alleged diversity quotas in Hollywood The Guardian
  3. CBS Sued by ‘SEAL Team’ Scribe Over Alleged Racial Quotas for Hiring Writers Hollywood Reporter
  4. ‘SEAL Team’ Writer Sues CBS, Paramount Over Alleged Discrimination Against Straight, White Men TheWrap
  5. CBS accused of ‘blatant’ bias against white male ‘SEAL Team’ writer amid diversity rules: suit New York Post

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Russell Brand backed by Elon Musk and Andrew Tate after video statement – The Independent

  1. Russell Brand backed by Elon Musk and Andrew Tate after video statement The Independent
  2. Russell Brand Says He’s About to Face ‘Serious Allegations,’ Denies Them (Video) Yahoo Entertainment
  3. Kirsty Gallacher backs brother-in-law Russell Brand by reposting his video with a large red love heart as he d Daily Mail
  4. Elon Musk responds after Russell Brand denies ‘very serious criminal allegations’ in new video LADbible
  5. Russell Brand’s wife Laura Gallacher deletes her Instagram as star husband hits back at ‘aggressive’ claim… The US Sun
  6. View Full Coverage on Google News

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Mysterious new California city backed by some of the biggest names in Silicon Valley, report says – CNBC

  1. Mysterious new California city backed by some of the biggest names in Silicon Valley, report says CNBC
  2. Mystery land buyers around California Air Force base revealed WJW FOX 8 News Cleveland
  3. Silicon Valley elites want to build a new city outside San Francisco—and have invested nearly $1 billion into a project acquiring land Fortune
  4. Silicon Valley elite identified as mystery company buying land in Solano County, representative says ABC10.com KXTV
  5. Mystery company buys $800 million in land around California air base KTLA 5
  6. View Full Coverage on Google News

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More than 600 firefighters backed by water-dropping aircraft struggle to control wildfires in Greece – New York Post

  1. More than 600 firefighters backed by water-dropping aircraft struggle to control wildfires in Greece New York Post
  2. Greek authorities arrest 79 ‘arsonist scum’ in connection with devastating wildfires Fox News
  3. 600 firefighters backed by water-dropping aircraft struggle to control wildfires in Greece FRANCE 24 English
  4. To stop wildfires, residents in some Greek suburbs put their own money toward early warning drones Yahoo News
  5. Greek wildfire devastation persists: Authorities mobilize international aid as firefighters battle blazes Fox News
  6. View Full Coverage on Google News

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Adani’s $2.5 bln share offer backed by investors, despite short-seller attack

MUMBAI, Jan 31 (Reuters) – Indian billionaire Gautam Adani’s $2.5 billion share sale inched closer to full subscription on Tuesday as investors pumped in funds after a tumultuous week for his group in which its stocks were pummeled by a scathing short-seller report.

The secondary share sale of flagship Adani Enterprises (ADEL.NS) was subscribed 93% on Tuesday, including the anchor investor portion, Indian stock exchange data showed. The share sale needed at least 90% subscription to go through.

By Monday, the book building process of the country’s largest share sale had received only 3% in bids, amid swirling concerns that the share sale could struggle due to a market rout in Adani’s stocks in recent days.

The share sale is critical for Adani, not just because it is India’s largest follow-on offering and will help cut debt, but also because its success will be seen as a stamp of confidence by investors at a time the tycoon faces one of his biggest business and reputational challenges of recent times.

The offer closes days after Adani’s public faceoff with Hindenburg Research, which on Jan. 24 flagged concerns about the use of tax havens and “substantial debt” at the group. It added that shares in seven Adani listed companies have an 85% downside due to what it called “sky-high valuations”.

That has since sparked $65 billion in cumulative losses for stocks of the Adani group, which called the report baseless.

The support for Adani’s share sale came even as the flagship’s shares were trading at 2,967 rupees, up nearly 2.5% but below the lower end of the share sale price band of 3,112 rupees.

“It looks down to the wire with just a few hours remaining on the last day, but the offering should go through. Institutions seem to be subscribing to capitalise on opportunity to buy in bulk quantities outside the open market,” said Dipan Mehta, founder director of Elixir Equities.

Adani Group’s total gross debt in the financial year ended March 31, 2022, rose 40% to 2.2 trillion rupees ($26.83 billion). Adani said on Sunday – while responding to Hindenburg’s allegations – that over the past decade the group has “consistently de-levered”. Hindenburg later said Adani’s “response largely confirmed our findings and ignored our key questions.”

Reuters Graphics

The group had in recent days repeatedly said investors were standing by its side and the share offering would go through, amid rising concerns that may not happen. Bankers at one point had considered tweaking the pricing of the issue, or extending the sale, Reuters had reported.

Adani even said the Hindenburg report was a “calculated attack” on the country and its institutions while its CFO compared the market rout of its stocks to a colonial-era massacre.

Demand from retail investors remained muted, garnering bids only worth around 10% of the shares on offer for that segment. On Tuesday, demand mostly came from foreign institutional investors, as well as corporates who bid in excess of 1 million rupees each, data showed.

Over the weekend and through Monday, Adani’s firm held extensive discussions with investment bankers and institutional investors to attract subscriptions, according to two sources with direct knowledge of the talks.

Abu Dhabi conglomerate International Holding Company (IHC.AD) said it will invest $400 million in the issue.

“The follow-on public offering has to go through to restore investor confidence,” said V. K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

The Hindenburg report and its fallout have drawn global attention. Adani is now the world’s eighth richest person, down from third ranking on Forbes’ rich list last week.

Adani Transmission (ADAI.NS) rose 1.6% on Tuesday, after losing 38% since the Hindenburg report, while Adani Ports and Special Economic Zone (APSE.NS) climbed 3.2%.

Adani Total Gas (ADAG.NS) languished at its 10% lower price limit, while Adani Power (ADAN.NS) and Adani Wilmar (ADAW.NS) were down 5% each.

Reuters Graphics

Global index publisher FTSE Russell said on Tuesday it continues to monitor publicly available information on the group, in particular from the Indian regulatory authorities.

Hindenburg said in its report it had shorted U.S.-bonds and non-India traded derivatives of the Adani Group. On Tuesday, U.S. dollar-denominated bonds issued by Adani Ports and Special Economic Zone continued their fall into a second week.

($1 = 82.0025 Indian rupees)

Reporting by M. Sriram and Chris Thomas; Editing by Aditya Kalra and Muralikumar Anantharaman

Our Standards: The Thomson Reuters Trust Principles.

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CNN Poll: Republicans, backed by enthusiasm and economic concerns, hold a narrow edge ahead of next week’s congressional election



CNN
 — 

An enthusiastic Republican base and persistent concerns about the state of the economy place the GOP in a strong position with about a week to go in the race for control of the US House of Representatives, according to a new CNN Poll conducted by SSRS.

The new survey out Wednesday shows that Democratic enthusiasm about voting is significantly lower than it was in 2018, when the Democratic Party took control of the House. Republican voters in the new poll express greater engagement with this year’s midterm election than Democrats across multiple questions gauging likelihood of vote.

Overall, 27% of registered voters say they are extremely enthusiastic about voting this year, down from 37% just ahead of the 2018 midterm elections, and the decline in enthusiasm comes almost entirely among Democrats. Four years ago, 44% of Democratic registered voters said they were extremely enthusiastic about voting; now, just 24% say the same. Among Republicans, the number has dipped only narrowly, from 43% to 38%.

Although overall enthusiasm about voting now is lower than in October 2010, the Republican enthusiasm advantage now is similar to the partisan gap found in CNN polling then, ahead of a very strong GOP midterm performance. Back then, as now, Republican voters were 14 points more likely to say they were extremely enthusiastic about voting in the midterm (31% of Republican voters were extremely enthusiastic vs. 17% of Democratic voters).

In the new poll, Republicans top Democrats on a generic ballot question asking voters which party’s candidate they would support in their own House district by 51% to 47% among likely voters, narrowly outside the poll’s margin of sampling error. Among registered voters, the race is about even, with 47% behind the Republicans and 46% the Democrats. Closely divided generic ballot numbers have often translated into Republican gains in the House.

Republican standing in the battle for the House this year is bolstered by broad concerns about the state of the nation’s economy. The economy and inflation are far and away the top issue for likely voters in this final stretch, with about half of all likely voters (51%) saying those will be the key issue determining their vote for Congress this year. Abortion, the second-ranking issue, lands as the top concern for 15% of likely voters. Other issues tested were chosen by fewer than 10% of likely voters each, including voting rights and election integrity (9%), gun policy (7%), immigration (6%), climate change (4%) and crime (3%).

Republican and independent likely voters are broadly focused on the economy, with 71% of Republicans and 53% of independents calling it the top issue in their vote. Democratic likely voters are more split, with the economy and abortion the top issue for near-equal shares – 29% say abortion, 27% the economy and inflation.

Those likely voters who say the economy is their top concern break heavily in favor of Republicans in their House districts, 71% to 26%. By an even wider margin, they say they trust the GOP more specifically to handle the economy and inflation (71% Republicans vs. 18% Democrats).

The poll finds a widespread and expanded perception that the economy is already in a recession, with a broad majority also saying things in the country are not going well generally.

Overall, 75% of Americans say that the economy is in a recession, up from 64% who felt that way this summer. Majorities across party lines see the economy as already in recession, including 91% of Republicans, 74% of independents and 61% of Democrats. A majority overall (55%) say they are dissatisfied with their own personal financial situation, up from 47% who felt that way this spring. Most Republicans (57%) and independents (62%) express dissatisfaction with their finances, while Democrats are more likely to be satisfied (55% satisfied, 45% dissatisfied).

Nearly three-quarters of Americans (74%, including 72% of likely voters) say things in the country are going badly today. That’s a slight improvement from this summer, when 79% of all adults rated things poorly, but is similar to how Americans felt about the state of the country just ahead of the 2010 midterms (75% said things were going badly) and significantly worse than just before Election Day 2018 (44% said things were going badly in early November). The last time a majority of Americans said things in the US were going well was January 2020, before the Covid-19 pandemic.

Amid this growing economic malaise and stagnant negativity about the nation, President Joe Biden’s approval rating has also dipped in the new poll. Overall, 41% of adults say they approve of the president’s performance, down from 44% in the most recent CNN polling though still ahead of its low point this summer. Among likely voters, Biden’s rating stands at 42%, about on par with Donald Trump among likely voters in 2018 (41% approved) and Barack Obama in 2010 (43% approved).

The new CNN Poll was conducted by SSRS October 26 through 31 among a random national sample of 1,508 adults using sample drawn from a probability-based panel, including 1,290 registered voters and 992 likely voters. Surveys were either conducted online or by telephone with a live interviewer. Results for the full sample have a margin of sampling error of plus or minus 3.2 percentage points; it is 3.4 points among registered voters and 3.8 among likely voters. Likely voters were identified through a series of questions about their intention to, interest in and past history of voting.

Half of Americans have confidence that the results of US elections reflect the will of the people, with Republicans less confident than Democrats in the fairness of the process and more likely to reject the idea that losing candidates have a responsibility to concede.

Fifty percent of adults say they’re at least somewhat confident that elections in America today reflect the will of the people, with the rest expressing little or no confidence. That represents a modest improvement from CNN’s polling this summer, when just 42% described themselves as confident. The shift is due largely to a modest rebound in trust among independents (49% say they’re at least somewhat confident in elections, up from 38%) and Republicans (41%, up from 29%). Trust remains highest among Democrats – 61% express at least some confidence, similar to the 57% who said the same this summer.

Still, increased GOP confidence in the election system doesn’t translate into an increased willingness to accept the results of the 2020 presidential election: 66% of Republicans say they don’t believe Biden legitimately won the election, unchanged from July.

The vast majority of Americans, 82%, say that losing candidates in their state have an obligation to accept the results and concede, but 17% say that losing candidates don’t face such an obligation. A quarter of Republicans say losing candidates don’t have an obligation to concede, compared with 7% of Democrats. Within the GOP, that view is concentrated among election deniers: 33% of Republicans who deny that Biden won the presidency fairly don’t think losing candidates should be obliged to acknowledge their loss, a view shared by only 8% of Republicans who accept the results of the 2020 election.

Republicans are also less likely than Democrats to say that challenges by their own party’s losing candidates would be detrimental to public trust in the nation’s election system. A 71% majority of Democrats and Democratic-leaning independents say that a losing candidate from their party who challenged the results would be doing more to decrease confidence in American elections than to increase it. A smaller 54% majority of Republicans and Republican-leaners say that a losing GOP candidate would decrease confidence in elections by challenging the results.

On both the Republican and Democratic sides, partisans are more likely than independents who lean toward their party to say that their candidate would be increasing confidence in elections by challenging results, and those without college degrees are also more likely than those with degrees to see such a move as confidence-inducing. On the GOP side, self-described conservatives are more likely than self-described moderates to say that challenging election results inspires confidence in the system; there’s not much of a similar ideological gap on the Democratic side.

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Donald Trump’s Lawyers Reveal That Merrick Garland’s Justice Department Has Backed Them Into a Legal Corner

The latest response filed by former President Donald Trump’s lawyers in the special master dispute before Judge Aileen Cannon smacks of an extremism and desperation perhaps born of having been maneuvered into a legal corner by Attorney General Merrick Garland’s Justice Department.

Instead of filing a concise counter to the DOJ’s carefully tailored ask of Judge Cannon to partially stay her own order just enough to allow investigators access to classified documents, Trump’s legal team begins with a rambling “Introduction” that takes up nearly a quarter of its filing in which it characterizes the entire matter as merely “a document storage dispute” that wrongfully criminalizes Trump’s possession of his own presidential and personal records.

Trump’s lawyers use quotes around the word “classified,” implying that the very classification of any documents is suspect, assert that only a special master can start “restoring order to chaos” and argue that the DOJ is trying to “skip the process and proceed straight to a preordained conclusion.” All of that is on the first page.

The DOJ’s decision to narrow its legal argument to just seeking access to the classified materials is a smart move because it plays to the strongest part of its argument—namely that it’s not possible to investigate a case involving classified documents without access to the documents—leaving Trump’s lawyers little choice but to attack the DOJ’s very decision to investigate at all.

For example, their use of the phrase “preordained conclusion” clumsily tries to mimic the cliched “rush to judgement” language famously used by legendary criminal defense lawyer Johnnie Cochran in his successful closing argument in O.J. Simpson’s murder trial. But the conclusion Cochran was challenging was the conclusion reached by a criminal investigation—namely that O.J. Simpson had committed murder. In contrast, Trump’s lawyers are trying to control the process of the criminal investigation itself.

The kerfuffle over classification is another example of forced heavy-handedness on the part of Trump’s lawyers as seen in their dismissive statement: “[t]he government has unilaterally determined they are classified.” The “they” being the classified documents. This derisive assertion rests on the silly assumption that the government cannot be allowed to determine what is and isn’t classified. Their suggestion that judicial intervention is required to determine these issues of national security is a fundamental upending of the powers and duties of the executive branch.

These aren’t the usual ways of trying to head off criminal charges. The usual way of defending against criminal investigations is for defense lawyers to do their own investigation and try to convince prosecutors that they are barking up the wrong tree. In violent crimes that means arguing that the government suspects the wrong culprit. In white-collar cases, it usually means convincing the government that no crime has occurred at all. But to all appearances, Trump’s lawyers aren’t arguing the facts to convince the DOJ that there is nothing to investigate. Maybe that’s because its hard to argue against the truth that Trump had in his possession more than 300 documents that included material on a foreign nation’s nuclear capabilities and information that if exposed could potentially endanger the lives of human sources.

This is where the special master gambit comes into play. Asking for a special master is an effort to exert some measure of control over what documents the DOJ gets to see, presumably with the hope that the DOJ will not see enough to make a criminal case, for example under the Espionage Act 18 U.S.C. 793 for the unauthorized possession of and refusal to return national defense information.

But the DOJ’s clever response out-maneuvered Trump’s team by focusing on the fact that a criminal investigation involving national defense cannot take place without access to the materials implicating national defense and asking simply that the investigation be allowed to continue even as the parties fought over whether a special master was necessary and the exact scope of what the special master might oversee.

This focus also offers Judge Cannon a compromise by which she can still preserve a victory for Trump in seeking a special master for the ostensible purpose of promoting public faith in the investigation while also reducing the risk of a humiliating slam-dunk reversal on appeal.

Another instance of the DOJ’s tactical shrewdness is reflected in its indicating that one of Trump’s proposed candidates for special master—former federal judge Raymond Dearie—would be acceptable in addition to their own candidates—while noting its objection to lawyer Paul Huck, a lawyer with strong partisan ties. This give and take strategy improves its chances of looking reasonable to Judge Cannon as well as increasing its chances of avoiding the selection of a conflicted and obviously partisan candidate like Huck.

Ironically, one of the perceived potential weaknesses of Attorney General Garland is that he has spent the majority of his career as an appellate judge and may have lost whatever combative prosecutorial instincts he might have possessed earlier in his career. But here, as the DOJ navigates uncharted legal territory with historically high stakes, Garland’s 20-plus years’ experience as an appeals judge may give the DOJ a big advantage.

After all, who knows better how to fashion a judicial solution than a former judge?

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Vaccine-Induced Immune Response to Omicron Wanes Substantially: Federally Backed Study

A National Institutes of Health (NIH)-sponsored study found that COVID-19 vaccine-induced antibody response to the Omicron subvariants wanes significantly over time.

The immune responses to several Omicron subvariants “waned substantially” among “all groups” of individuals who received either the Pfizer, Moderna, and Johnson & Johnson vaccine as well as a booster dose, or combinations of different vaccines. Neutralizing antibody levels dropped by up to five-fold three months after receiving the booster shot, the NIH said in a news release of the study earlier this week.

All vaccine combinations provided high levels of neutralizing antibodies to the initial Omicron BA.1 sub-lineage that was first reported in the fall of 2021. However, those who received the Johnson & Johnson vaccine and booster saw low antibody levels to BA.1, according to the NIH.

But when the Omicron subvariants BA.2.12.1 as well as BA.4/BA.5 emerged earlier this year, all vaccines performed poorly after three months as compared with the BA.1 strain, the researchers said. The vaccines provided even less protection against the subvariants than their ancestral COVID-19 strain known as D614G, they found.

“Omicron sub-lineages BA.2.12.1 and BA.4/BA.5 were 1.5 and 2.5 times less susceptible to neutralization, respectively, compared to the BA.1 sub-lineage, and 7.5 and 12.4 times less susceptible relative to the ancestral D614G strain,” NIH wrote, noting that the BA.5 subvariant is currently is the dominant variant across the United States.

More Details

The researchers, who published their findings in Cell Reports Medicine on July 19 and have received virtually no mainstream news coverage so far, said they administered COVID-19 vaccines to adults who previously got one of the three vaccines that were available to people at the time. They evaluated six separate groups with around 50 participants per vaccine group who either received the initial vaccine regimen and the same booster or who mixed and matched vaccines and boosters.

Ultimately, they concluded that the “immune response to Omicron sub-lineages show reduced susceptibility to these rapidly emerging subvariants,” according to the NIH release. “The data could be used to inform decisions regarding future vaccine schedule recommendations, including the need for variant vaccine boosting.”

Between 29 days and 91 days after getting the booster, neutralizing antibodies among all groups decreased “2.4- to 5.3-fold for Omicron and no more than 2.4-fold for the (ancestral) D614G variant,” the researchers wrote.

Earlier this month, the Centers for Disease Control and Prevention released a study that found the efficacy of vaccine booster doses dropped under 50 percent after four months against COVID-19 subvariants. Both Moderna’s and Pfizer’s mRNA vaccines provided just 51 percent protection against COVID-19-linked urgent care encounters, emergency room visits, and hospitalizations as the Omicron BA.2 and BA.2.12.1 variants were spreading across the United States, it found.

After about 150 days, the efficacy of the vaccines dropped to 12 percent, the study said.

COVID-19 is caused by the CCP (Chinese Communist Party) virus, sometimes known as SARS-CoV-2.

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Jack Phillips is a breaking news reporter at The Epoch Times based in New York.

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Donovan Mitchell trade rumors: Knicks ‘backed away’ from Jazz’s huge request that included six draft picks

Rob Gray / USA TODAY Sports

The New York Knicks are hot after Donovan Mitchell, but they have to be careful not to end up bidding against themselves in trade talks with the Utah Jazz. We know Danny Ainge has a history of asking for, and often getting, the world, and indeed, Ainge recently asked the Knicks for a king’s ransom in exchange for Mitchell. 

According to Tony Jones of The Athletic, Utah offered Mitchell to New York for six future first-round draft picks plus Quentin Grimes, Immanuel Quickley, Obi Toppin and Miles McBride, but the Knicks “backed away” from that proposal. 

New York was smart to do that. Utah wants picks and rookie-scale players over win-now players (one player in line for a big payday, such as R.J. Barrett) so it can go into tank mode and create financial flexibility through a rebuild, and there isn’t another realistic Mitchell suitor that can offer the six picks Utah asked for. New York can offer up to eight, but again, it only needs to dangle as many picks as is required to outbid the next-closest team. 

Miami, for instance, can only offer two future picks (three if it drops the protections on the 2025 pick it owes OKC or gets creative with the “next allowable” language in accordance with the Stepien Rule, which dictates that a team can’t go consecutive seasons without a first-round pick). 

The Pelicans could offer six picks if they wanted to mortgage their entire future on Mitchell, but with CJ McCollum on board, Mitchell feels redundant. The Thunder and Rockets, both loaded with draft capital, are still in the development phase. So the Knicks have the most to offer in the way of draft capital, and they’re not going to let Ainge rip them off. They’ll give one more pick than the next team in line. Maybe that’s five picks or four with all those young players. But it’s not six. At least not at this early stage of the discussions. 

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