17 nations that use the euro came together to sign a treaty, allowing a central European authority to have closer insight of their budgets, sending stocks up sharply as a result. There are nine other European nations considering coming on board, with Britain being the only holdout.
In a two day summit in Brussels, involving some marathon talks that lasted into the early morning hours of Friday, it was determined that there would need to be a much tighter fiscal control in place before the European Central Bank committed to releasing more money which would lower the borrowing costs of nations in serious debt such as Spain and Italy.
While the financial stocks did the best, all stocks across the board showed great improvement in light of this newest plan to help the debt crisis. Policymakers are also aiming to bring the European Stability Mechanism, the new bailout fund, online in July of 2012, which will bring the total combined rescue power to about 500 million Euros.
Although it is just one minor step in what needs to be many steps towards a solution, It IS a step and one that most of the nations involved in are willing to make.
Ryan Detrick, senior technical strategist with Schaffer’s Investment Research, states in a Washington Post interview, “We’ve seen these agreements before, and they can just as easily deteriorate.” So they’re not in the clear yet, but what is clear is that, with the exception of Britain, all of the other 26 nations want to come to some solution that will help ease their economic crisis.
While Britain and those other nations may want the same positive economic outcome, it’s not certain why they are not in favor of the pact, nor why some of the nations are hesitating to get on board right away. When everyone can work together towards a common goal, much more is accomplished.
The rate in which stocks went up as a result of the 17 nations who DID sign, show that there is hope that this will be the first of many positive steps in the right directions for the debt crisis’s these nations are facing right now and that is a good thing as well.
Will all these positive stock increases and good will towards working together towards a common goal continue? That is the hope of these nation’s officials, but only time will tell. In the mean time, there are still things to be worked on, and all of the 17 eurozone economies were placed on a warning by Standard and Poor, the ratings firm that threw the US markets for a loop when they acted on a warning they issued to the United States, to downgrade the credit ratings system if the U.S didn’t straighten themselves out.
They have issued the same warning to these 17 nations that if the economies don’t get their fiscal houses in order and under control, ratings cuts could be coming. Standard and Poor has already proven they mean what they say.
You can watch the video below as the French President criticizes Prime Minister David Cameron of the UK as Mr. Cameron said he didn’t see safeguards for Britain’s interests in the proposed treaty:
Michael Avenatti To Nike: Stop “Rigging” The System And “Acting Innocent”
Michael Avenatti, one of America’s most infamous lawyers, is facing the court himself after he was charged for attempting to extort from Nike last month. The lawyer, who is known for being vocal in social media, has been airing his thoughts and sentiments on Twitter and in a recent Tweet, he accused the athletic brand of “rigging” the system while pretending they are “innocent.”
Federal prosecutors in New York announced that they filed charges against Michael Avenatti, the lawyer who said he had a major announcement against Nike and it’s alleged involvement in a ‘major school/college basketball scandal.’
Read More: COURT DOCUMENT ALLEGES MICHAEL AVENATTI OF DEMANDING PAYMENTS FROM NIKE TO CONDUCT AN ‘INTERNAL INVESTIGATION’ THAT THE COMPANY DID NOT REQUEST
The charges filed by Assitant United States Attorneys Matthew Podolsky, Robert L. Boone, and Robert B. Sobelman alleges that Avenatti of attempting to extort Nike for up to $25 million by threatening to release damaging information about the company.
He now faces five counts of conspiracy to commit extortion and was arrested yesterday. He also faces a separate case for wire fraud and bank fraud in the Central District of California.
According to the lawsuit, Michael Avenatti attempted to conspire with another party to “extract more than $20 million in payments from a publicly traded company by using his ability to garner publicity to inflict substantial financial and reputational harm on the company if his demands were not met.”
Amid the charges that the 48-year-old is currently facing, Avenatti hits back at the company. In a late night tweet, the attorney accused Nike of making money out of the backs of student-athletes, exploiting them and their families.
He also said in a now-deleted post that colleges and athletic organizations like the NCAA should pay the student-athletes “legitimately” because they make “billions off their backs.”
“College athletes deserve to be paid. Legitimately. Colleges/the NCAA make billions off their backs. But companies like Nike should not rig the system and take advantage of the athletes/ their families at the same time they bullsh**t America and act like they are innocent,” Avenatti said on Twitter, Thursday morning.
He previously denied the allegations against him on Monday and began tweeting what he called evidence of the scandal the day he was arrested. He was released on a $300,000 bond in the New York case and has repeatedly proclaimed his innocence of all charges.
Prosecutors in the case said that Avenatti met with Nike’s attorneys to demand a payment ‘to make a multi-million dollar payment” and make an additional 1.5 million dollar payment to an individual that the lawyer refers to like his client.
The client was said to be an AAU coach, whose team have previously made deals with Nike. According to the affidavit, Nike refused to renew the contract with Avenatti’s client further. Avenatti claimed that his client has evidence that would prove that Nike employees have paid the families of high school players “similar to conduct a rival company” that had recently been subjecting of criminal proceedings in the District. He named three high school players in particular and indicated that his client is well aware of the said payments as well.
Earlier Monday, Avenatti posted on Twitter that he will be holding a press conference to disclose a major high school/college basketball scandal by Nike that he and his team have discovered. “This criminal conduct reaches the highest levels of Nike and involves some of the biggest names in college basketball.” Nike’s shares reportedly fell as much as 1.3% after the tweet of Avenatti’s supposed expose.
The legal document obtained by Z6Mag also revealed that on March 20, Avenatti called the representative of Nike concerning the demanded payment and if those demands were not met, the lawyer will “go and take ten billion dollars off your client market cap […] I’m not f*cking around.”
The affidavit from an investigator from the Federal Bureau of Investigation said that Avenatti and another party referred to as “CC-1,” used “threats of economic and reputational harm to extort Nike.” Specifically, Avenatti “threatened to hold a press conference on the eve of Nike’s quarterly earnings call and the start of the annual National Collegiate Athletic Association (NCAA) tournament at which he would announce allegations of misconduct by employees of Nike.”
The complaint characterized the unnamed CC-1 as an attorney licensed to practice in the state of California and is similarly known to have represented celebrities and public figure clients like Avenatti.
The attorneys of Nike said that they asked for time from Avenatti and the defendant gave them until Tuesday, two days after the alleged meeting.
“If [Nike] want to have one confidential settlement and we’re done, they can buy that for twenty-two and half million dollars, and we’re done[…] Full confidentiality, we ride off into the sunset,” Avenatti allegedly told Nike’s lawyers as indicated in the filed court document.
Scam Alert: Blockmailers Pose As CIA To Demand Bitcoin Payment
A new modus to blackmail people into paying bitcoins is posing as a CIA agent who will magically take your imaginary troubles away. Consider this as your warning.
Some scammers are posing as the US Central Intelligence Agency (CIA) to fool those who have not known better into giving up $10,000 worth of Bitcoin. According to a Reddit post by r/sajber in a post entitled “CIA got me fam,” he received an email from a supposed CIA agent who is “one of several people who have access” to documents that may implicate him.
The case that the email is talking about, Case #97416285, refers to an imaginary crime which includes a warning that he was tagged in an investigation that has supposedly distributed and stored pornographic materials that involve underage children.
The “CIA Agent” identified himself as Hong Lees and a “technical collection officer.” He warns that personal details including email address, home address, work address, and a list of relatives are included in the said case and that he will be up for arrest. The certain Hong Lee said that the case is part of a “large international operation set to arrest more than 2000 individuals suspected of pedophilia in 27 countries.”
It’s interesting to note that the supposed email actually used masked email domain (@esxco.cia-gov.ga), as well as an image of CIA crest in the signature as if it would help build trust and establish legitimacy.
Amusingly, the supposed problem can go away only if he would just transfer $10,000 in Bitcoin to an address given by Hong Lees, who claimed that he has access to the documents and have enough security clearance to “amend and remove your details from the case.”
Hong Lees said in the email that he is contacting people who are wealthy and who maybe are concerned about their reputation.
Hong Lees prefers that the transfer to be made with online bitcoin exchanges such as Coinbase, Bitstamp, and Coinmama and that the transfer should be made before the deadline which is March 27, 2019.
He, however, asked for a time after the transfer is confirmed to make the changes in the supposed CIA document, erasing the name and information of those who successfully made the payment. He made it clear that he needs “ few days” to access and edit the files, so any potential payment should be made well before the arrests start on April 8, 2019 (very convenient).
For an average reasonable person, it is obvious that the email is a scam. The CIA will not be emailing perpetrators of sexual abuse, let alone ask bribe from them. If in the event they would, it’s very reckless if they use their government email or their real name. Thus, the best course of action is not to respond or better yet, report the incident to the authorities.
The parallelism of this modus operandi with other modus done offline is uncanny. An illegal spamming activity has been calling residents in Milwaukee claiming to represent a local law firm by the name of “Anderson and Thompson.” The modus operandi is that the group will call random Milwaukee residents under the disguise of a local law firm to collect an old debt from a legal conflict and that the debt must be paid immediately.
Similarly, the phone scammers are also using masked phone numbers (as with masked email addresses) to establish legitimacy. According to the report, the spammer is using a series of three phone numbers, all with a 414 area code, a local Wisconsin area code.
Furthermore, the scam is also a slight upgrade from the infamous Bitcoin “sextortion” scam. According to this modus, a “magic pixel” has been smuggled onto the target’s computer, which then recorded videos of the potential victim masturbating. The masturbation videos wouldn’t be released as long as $1,900 in Bitcoin is sent to a specific address. It was first discovered in June 2017 and is estimated to have swindled more than $300,000 worth of Bitcoins from victims.
The CIA scam, as well as other modus operandi, tells a story that technology is available for everyone’s disposal – including criminals. That is why it is important for people to be aware of existing techniques and modus to avoid being a victim of scams and extortion operations. /apr
Unmasking Jack The Ripper’s Real Identity
Who would have forgotten the stories of the notorious serial killer who established fear and terror on women during the late 1800s in England? Decades have passed, and still, the real identity and personality of this man are still unknown. Although news of his mysteries and plight was uncovered on previous investigations, and some authorities have pointed their fingers on the ‘alleged’ suspects, Forensic studies are still not convinced that they were the real ‘Jack the Ripper.’
However, not until today.
The identity of the notorious killer, ‘Jack the Ripper,’ may finally be known. This probe questions to the public, ‘how after centuries could someone be able to find clues to the real person?’
Forensic science provides us the answer. This month, a DNA forensic investigation was administered by two British researchers who published their work in the Journal of Forensic Science. Both made the discovery who identified, Aaron Kosminski, a 23-year old Polish Barber and also the main suspect at that time, is likely the perpetrator.
The said study is authored by Jari Louhelainen of Liverpool John Moores University and David Miller of the University of Leeds.
Way back 1888, the famous killer, ‘Jack the Ripper,’ brutally killed five female prostitutes who lived and worked in the slums of the East End of London, whose throats were deeply cut and mutilated their abdominal parts. The removal of internal organs from most of his victims led to speculation that the killer is somehow inclined to the anatomical or surgical field, but it was only a mere allegation because the murderer has never been identified.
Rumors intensified in October 1888, as media received letters from a person who named himself as ‘Jack the Ripper.’ The letter is widely believed to be a hoax, and the public increasingly believed in a single serial killer mainly because of the extraordinary brutal nature of the murders and media’s sensationalized news covers.
Today, as the Forensic Sciences put life to the case, it also gave the media another story to tell.
The investigation explained that the ‘semen stains’ match those with the analysis done by the police on the main suspect, Aaron Kominski. The procedures which the authors conducted include genetic testing of blood and semen on a shawl found near the body of Catherine Eddowes, the killer’s fourth victim, who badly mutilated her body and was only discovered on September 30, 1888, days after she was gone missing.
USA Today revealed how researchers had instigated the samples. They compared fragments of mitochondrial DNA inherited from one’s mother to that of living relatives of Eddowes and Kosminski. The result is a massive development to finally resolve the case: the DNA samples matched those of Kosminki’s relative.
The researchers said that they have been analyzing the silk shawl for the past eight years and the only physical evidence linked to the victim and the suspect.
The study also includes an analysis of the killer’s appearance which suggested that the murderer had features of brown hair and eyes. This data reflects the only reliable eyewitness statement from the murder, which law enforcement had considered accurate.
Kosminski was the only suspect who had been tried and investigated several times. But his guilt has been a matter of debate in the past decades until now, and no one has ascertained his crimes. His name resurfaced in 2014 in a book authored by British businessman and a self-proclaimed ‘armchair detective,’ as well as, ‘Ripper researcher,’ Russell Edwards.
But, the latest finding marks the first time that Edward’s DNA evidence has been included in a Science investigation. And, the research conducted by Jari and David is the most advanced case study to date regarding with the murder and represent the first ‘systematic’ molecular level analysis of the only surviving physical evidence associated with the Jack the Ripper murders.
The recent findings, however, may not satisfy other Ripper experts who continue to claim that the shawl may have been contaminated over the years. The shawl came from Edwards who bought it in an auction in 2007 then gave it to Louhelainen for research purposes.
Jack the Ripper features in hundreds of works of fiction including movies, TV shows, and inspired many mystery-inclined books, games, songs, plays, and operas. The case straddles the boundaries between fact and fiction including the Ripper letters and a hoax Diary of Jack the Ripper. Today, finding such as this will be a great help to the case of Jack the Ripper even if it means swimming through the oceans of critics and some Ripper experts.
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