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CNN is in a full-blown ratings panic - mass layoffs coming as network comes to grips with loss of credibility

CNN crashing
Alright, so we have been tracking with CNN's ratings decline over the last several months, and it really is bad, I mean there is just no way around it. Their numbers for Q2 of this year were some of the worst ever. They fell to just over half a million viewers total, TOTAL. They struggled even more during the ALL IMPORTANT primetime hours of 8 to 11 pm eastern time. They finished in an embarrassing 15th place in terms of the most-watched networks on basic cable. They finished behind channels like TLC, Discovery and the Hallmark Channel.

They averaged just over 700 thousand primetime viewers; just to give you an idea of how embarrassing that is, Fox averages around 2.4 million primetime viewers. CNN started off the third quarter with the lowest viewership average for the network since 2015, and given how news heavy the second quarter was, with the release of the Mueller Report and the beginning of the Democratic presidential campaign, Q3 promises to be a ratings disaster.

Now while it IS true that cable viewership has declined in general, streaming services like YouTube and Hulu are the wave of the future, so while it is true that cable viewership is down as a whole, Fox news is reporting that CNN's losses really are nothing short of overwhelming. The network lost 18 percent of its audience compared to the second quarter of last year and CNN also lost nearly 40 percent of primetime viewers among their key demographics. So there is no question that CNN's ratings are collapsing.

Attention

Hong Kong protesters brutally beat police officer

activists in Hong Kong
© Reuters/Tyrone SiuPro-democracy activists hit a plainclothes police officer after a march at Sha Tin District of East New Territories, Hong Kong, China July 14, 2019.
Media coverage of recent clashes between demonstrators and police in Hong Kong has focused on acts of police violence, but overlooked footage shows at least one instance in which protesters brutally beat a cowering riot cop.

A short video clip shared on Twitter captured a harrowing moment from Sunday's demonstration in a mall in Hong Kong's Sha Tin district. The video shows a group of protesters kicking a policeman down an escalator. After falling to the ground, the officer is encircled by demonstrators, who begin to beat him.


People 2

German police detain 30 people suspected of sham marriage crimes

German police
© REUTERS / RALPH ORLOWSKI
German police conducted on Wednesday a massive operation, detaining around 30 people suspected of organizing sham marriages for migrants so that they could get a residence permit easier, local media reported.

The operation was held in federal states of Bavaria, Rhineland-Palatinate, Thuringia and Saxony, including the city of Leipzig, the Bild newspaper reported. Some 500 law enforcement officers were involved in the operation.

During the operation police searched 39 facilities, where they found a lot of evidence, the Berliner Morgenpost newspaper reported. The suspects reportedly provided their services primarily for Indian and Pakistani citizens. The services cost 15,000-22,000 euros ($16,800-24,700).

Pistol

London Bridge attackers lawfully killed, inquest finds

london bridge attackers
© Met PoliceKhuram Butt, Rachid Redouane and Youssef Zaghba
The three London Bridge attackers, who killed eight people in 2017, were lawfully killed by police, an inquest has found.

Khuram Butt, 27, Rachid Redouane, 30, and Youssef Zaghba, 22, ploughed into pedestrians on the bridge before stabbing people around Borough Market.

They were shot dead by firearms officers less than 10 minutes after the attack began.

Jurors concluded the attackers "ignored clear warning shouts" from the police.

Chief coroner Mark Lucraft QC had directed them that the only "safe" conclusion was that the three men were lawfully killed.

He told the court no-one during the inquest had criticised the officers involved and it was agreed using anything other than "lethal force" would not have been appropriate.

Metropolitan Police Commissioner Cressida Dick welcomed the verdict and paid tribute to the "tremendous courage and professionalism" shown by armed officers on the night of the attack.


Boat

JP Morgan cargo ship allowed to continue operations after 20 tons of cocaine are seized in drug bust

MSC Gayane cargo ship
© AFP / Dominick ReuterThe seized MSC Gayane cargo ship.
US federal authorities have released a cargo ship owned by JP Morgan, weeks after it was seized at the Port of Philadelphia in an unprecedented drugs bust that netted 20 tons of cocaine.

They are still considering whether to pursue civil or criminal forfeiture of the ship, MSC 'Gayane,' which is now cruising toward the Netherlands.

US attorney William McSwain wrote on Twitter: "My office secured $10 million in cash and a $40 million surety bond from the owner and operator of the vessel in exchange for its temporary release pending a final resolution in this case."

The boat's operator, Switzerland-based Mediterranean Shipping (MSC), and its registered owner, Bermuda-based Meridian 7, had argued that leaving the 'Gayane' anchored in the Delaware River posed an "extreme commercial prejudice and... hardship" to their operations.

Oscar

Shocker! Biological male wins two gold medals at women's weightlifting competition

transgender weighlifter
A biological male took home two gold medals and a silver medal for New Zealand this month at the 2019 Pacific Games in Samoa.

Laurel Hubbard once again steamrolled the competition in the women's division, finishing first in he snatch-lift and combined categories, according to a Washington Times report published Monday.

The gold medal winner was born as Gavin Hubbard, and competed in the male weightlifting division until the transition in 2012. Hubbard became a household name in 2017 after breaking several records in the female division of the World Masters Games. That year, Hubbard lifted a combined total of 617 lbs in the clean and jerk division, smashing previous records.


Comment: How Hubbard can take pride in being able to lift more weight than a bunch of women is anybody's guess.


In 2018, a biological female was able to place first in the Commonwealth Games after Hubbard suffered a gruesome elbow injury.

Comment: See also:


Megaphone

UK: Parent protests against school LGBT lessons continue

school protest
© RT
UK schools that teach LGBT lessons are neglecting the religious beliefs of parents, a protest activist told RT. Britain's anti-extremism body has criticized the government for being "too slow" to quell outrage over the issue.

In Birmingham, dozens of Muslim parents are rallying in front of a school that started offering LGBT equality lessons. They demand that teachers stop using storybooks they say proselytize same-sex relationships and a homosexual way of life.

"We need to devise a program with parents, with the schools, with Ofsted [the Office for Standards in Education] and the [Department for Education] to have a program that allows... schools to stop discrimination but not by infringing on parent's [religious] beliefs," Shakeel Afsar, activist and protest coordinator, told RT.

Where the schools have gone wrong is that "they have not consulted parents in a meaningful way," he said.

The protests initially started in Birmingham earlier this year and steadily spread across England. At first, they involved predominantly Muslim parents, but now Catholics are also joining in. As the outrage mounted, the government began voicing unease over its scale and reach.

Comment: See also:


Shoe

Bank run: Deutsche Bank clients are pulling $1 Billion a day out of troubled institution

bank run
There is a reason James Simons' RenTec is the world's best performing hedge fund - it spots trends (even if they are glaringly obvious) well ahead of almost everyone else, and certainly long before the consensus.

That's what happened with Deutsche Bank, when as we reported two weeks ago, the quant fund pulled its cash from Deutsche Bank as a result of soaring counterparty risk, just days before the full - and to many, devastating - extent of the German lender's historic restructuring was disclosed, and would result in a bank that is radically different from what Deutsche Bank was previously (see "The Deutsche Bank As You Know It Is No More").

In any case, now that RenTec is long gone, and questions about the viability of Deutsche Bank are swirling - yes, it won't be insolvent overnight, but like the world's biggest melting ice cube, there is simply no equity value there any more - everyone else has decided to cut their counterparty risk with the bank with the €45 trillion in derivatives, and according to Bloomberg Deutsche Bank clients, mostly hedge funds, have started a "bank run" which has culminated with about $1 billion per day being pulled from the bank.

Mr. Potato

SJWs, desperate for something to be outraged over, decide Chris Pratt's t-shirt is racist

Chris Pratt
© Axelle/Bauer-Griffin/FilmMagicChris Pratt's shirt sparks debate online.
Chris Pratt is facing criticism over a T-shirt he was pictured wearing featuring a controversial symbol.

The Marvel star's top shows the American flag with a coiled snake over the top and a message underneath which reads "Don't Tread On Me."

The writing and snake combo on its own is depicted on the Gadsden flag; a symbol created by Christopher Gadsden, a Charleston-born brigadier general in the Continental Army.

It came to prominence during the Revolutionary War of the US by colonists who wanted independence from Great Britain.

Comment: 2019 - The year every possible benign thing became racist.

See also:


Pills

Scotland has highest drug death rate in EU

heroin
© Getty Images

The number of drug-related deaths in Scotland soared to 1,187 last year, according to official statistics.

The figure is 27% higher than the previous year, and the highest since records began in 1996.

It means there were more drug-related deaths in Scotland last year than the 1,136 alcohol-specific deaths.

And the country's drug death rate is now nearly three times that of the UK as a whole, and is higher than that reported for any other EU country.

Comment: Scotland became notorious for it's high rates of alcoholism, unemployment, violence and poverty following decades of neglect from a London-centric British government. And, with the financialisation of the UK economy, followed by the 2008 banking collapse and subsequent 'austerity' measures, similar trends can now be seen throughout the UK: