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Fri, 05 Nov 2021
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Biohazard

Three hospitalized in West London acid attack

London police line
© Neil Hall / Reuters/File Photo
Three people have been rushed to hospital after a suspected acid attack in Notting Hill, West London. On Tuesday afternoon, emergency services rushed to the area after three men were sprayed with a noxious substance.

A photo, reportedly taken after the attack, showed paramedics and firefighters at the scene.

People claiming to have witnessed the attack, which took place on Westbourne Grove, used to Twitter to express their disgust.

Comment:


Clipboard

Trade misinvoicing: How Western companies are stealing billions from Africa

Imported rice at the port in Abidjan.

Imported rice at the port in Abidjan.
The little-understood practice of misinvoicing or re-invoicing relies on legal grey areas and financial secrecy and costs the continent dearly.

Lately, the media has been replete with stories about how Africa is losing billions of dollars a year through a process called "trade misinvoicing." The concept of trade misinvoicing is simple: companies and their agents deliberately alter the prices of their exports and imports in order to justify moving money out of, or into, a country illicitly.

The practice is very common in Africa. To name just a couple instances, it has allegedly been used to avoid paying import duties on sugar in Kenya and to shift taxable income out of Zambia and into tax havens abroad.

The amount Africa loses to trade misinvoicing is astounding. Global Financial Integrity (GFI), a Washington, DC-based think tank, estimates that $286 billion worth of capital was extracted out of Africa using this process over the past decade. Between 2002 and 2011, due to illicit financial flows, sub-Saharan Africa lost 5.7% of it's GDP, a 20.2% increase. Of these illicit financial flows, 62% were due to misinvoicing.

The good news is the issue of trade misinvoicing has found its way to the forefront of development talks.

Former UN Secretary General Kofi Annan, Nigerian Finance Minister Ngozi Okonjo-Iweala, and former South African President Thabo Mbeki are just a few African heavyweights who have been trying to urge the international community to begin addressing the problem of illicit financial flows and trade misinvoicing.

Comment: Apparently, not much has changed...
Not So Fun Fact: Theresa May Leads the West in Stealing Africa's Wealth

May's government facilitates Western plunder of Africa's wealth. In 2012, developing countries including those in Africa, lost $700bn through 'trade mis-invoicing'. That's five times the aid receipts developing countries received that year. Trade mis-invoicing takes money out of these countries and hoards it in tax havens.

And where are these havens? Well, May's government allows the largest network of tax havens through its overseas territories, facilitating a lot of this capital flight. Half of the 240,000 tax-dodging shell companies revealed in the Panama Papers were registered in the British Virgin Islands alone, for example.

Add such capital flight to repayments on debt and Western profit extraction, and the picture is staggering. Net resource outflows from developing countries end up totalling about $3tn per year, which is 24 times the amount they receive in aid.



Sherlock

Greek police investigating death of Australian model Sinead McNamara on board yacht of Mexican billionaire

Sinead McNamara
© Facebook
Sinead McNamara, who died on the Mayan Queen IV early on Friday.
Greek police are conducting an investigation into the death of an Australian model onboard a superyacht off the Ionian island of Kefalonia.

Three days after the body of Sinead McNamara was discovered at the back of the luxury vessel, local police said they had broadened an inquiry into her death.

"The yacht left our waters last night but we are still gathering evidence," Kefalonia's police port official, Stamatis Limneos, told the Guardian. "The inquiry is ongoing."

Local media reported that the 20-year-old had killed herself, with news outlets saying she was found in a comatose state in a cabin.

The model, originally from Port Macquarie, had been employed as a crew member on the 93.25-metre Mayan Queen IV, owned by the Mexican mining magnate Alberto Baillères.

The billionaire businessman is believed to have left the yacht last Tuesday and only crew members were onboard at the time of McNamara's death. A father of seven, Baillères is listed as the world's 143rd wealthiest individual with a net worth of $9.6bn (£8.26bn), according to Forbes magazine.

Heart - Black

Poachers declare open season on elephants: 87 carcasses found near wildlife sanctuary in Botswana

elephants poaching Botswana

Baby elephants, orphaned by poachers, are now being cared for at a new sanctuary in Botswana
Scores of elephant carcasses have been found near a wildlife sanctuary in Botswana in what conservationists say is the largest case of poaching ever seen in Africa.

Elephants Without Borders is conducting an aerial survey in the area near Okavango Delta and found many of the elephants were killed in the last fortnight and were targeted for their tusks.

Five white rhinos have also been poached in the space of three months. The survey is only half-completed, and more carcasses are expected to be uncovered.

"I'm shocked, I'm completely astounded. The scale of elephant poaching is by far the largest I've seen or read about anywhere in Africa to date," Dr Mike Chase of Elephants Without Borders told the BBC. "The poachers are now turning their guns to Botswana. We have the world's largest elephant population and it's open season for poachers."

USA

Tapes show cops repeatedly tasering suspect who later died in hospital

police taser man tulsa oklahoma
© PoliceNetwork / YouTube
Tulsa police released a video showing officers repeatedly tasering a black suspect, who showed impressive resistance to electric shock. The man never regained consciousness in the hospital and died three days later.

The footage shows the altercation between 25-year-old Joshua Harvey and the officers on August 24 in Tulsa, Oklahoma. The man was screaming and removing his clothes in the street, according to police statement.

Things escalated when Harvey tried to break into an office building housing Arvest Bank. As the officers approached the individual, who looked actively disturbed, he pulled the glass doors of the building so hard that it shattered. Injured by the broken glass, he ran inside the bank, where officers caught up with him.

Powertool

Drill hole blunder not meteorite caused depressurization on Soyuz spacecraft

drill hole soyez
© NASA
A suspected drill hole found in the Soyuz spacecraft.
A depressurization event on the Russian Soyuz spacecraft docked at the International Space Station (ISS) may have been caused by a hole which somebody apparently drilled accidentally and then covered up.

Several Russian media reports say the air leak, which was discovered last week on the spacecraft, may not have been caused by a micrometeorite, as initially speculated. Rather, a drill hole in the internal hull of the Soyuz spacecraft's orbital module leaked air, RIA Novosti reported citing a source in Energia, the producer of the capsule.

"The hole was made on the ground. The person responsible for the act of negligence has been identified," the source told the news agency.

Another source said a worker apparently accidentally drilled the hole, but instead of reporting it, simply sealed it. The sealant held for at least the two months the Soyuz spacecraft spent in orbit, before finally drying up and being pushed out of the hole by air pressure.

Comment: Well, at least the space agency was honest - even if their worker wasn't.

See also:


Bizarro Earth

'Insults' to Islam were motivation for Afghan man's attack on 2 Americans in Amsterdam

Amsterdam Centraal station  attack islam
© Germain Moyon / AFP
Security officials stand guard following the attack at Amsterdam Centraal station on August 31, 2018.
The man who stabbed two American tourists at Amsterdam's busy Central railway station says he was motivated by insults to Islam in the Netherlands and that he chose his victims at random, according to prosecutors.

The 19-year-old Afghan national, identified as Jawed S., said he traveled to Amsterdam from Germany - where he has residency - to carry out the attack, citing what he believes to be repeated insults against Allah, the Koran, and Islam's Prophet Mohammad in the Netherlands, the Public Prosecution Service wrote in a statement.

The attacker specifically mentioned the name of the anti-Islamist Dutch politician Geert Wilders. However, he declined to mention the Prophet Mohammed cartoon contest that Wilders had planned on holding but recently canceled due to security concerns. Drawing the Prophet Mohammed is considered blasphemous in the Muslim faith.

Comment: See also: Also check out SOTT radio's: The Truth Perspective: Weapons of Mass Migration: Interview with Michael Springmann on Europe's Migrant Crisis


Bizarro Earth

WhatsApp 'suicide game' 'Momo' claims lives of 2 Colombian children

momo
© Instagram
Two Colombian children have been found dead within 48 hours of each other after reportedly taking part in a 'suicide game' called 'Momo' which urges participants to kill themselves or face being 'cursed.'

A 12-year-old girl and a 16-year-old boy reportedly killed themselves in the municipality of Barbosa, in Santander, after playing 'Momo' - the name of the WhatsApp game based on a scary fictional character that gives deadly dares and instructions.

The 'Momo' game features an eerie figure resembling a bird-like woman and sends challenges, threats and disturbing images to players, reportedly with a final challenge that demands participants kill themselves or be cursed with an evil spell.

Comment: This sadistic 'game' sounds a lot like the 'Blue Whale' from 2017: Blue Whale suicide curator sentenced to 3 years in prison

More information about the disturbing image being used in Momo from KnowYourMeme:
momo sculpture
Origin

On August 25th, 2016, Instagram[2] user nanaakooo posted a photograph of the sculpture (shown below).

On August 26th, Instagram users @ma_kimodo_shi[4] and @j_s_rock[3] posted photographs of the sculpture (shown below).

The sculpture was created by the Japanese special effects company Link Factory.[6] Pictures of it subsequently became an urban legend on the Spanish-speaking web and was associated with "a phone number that could be added to WhatsApp."



Fire

Footage shows massive fire at prosecutor's office building in Saudi Arabia

fire saudi office sept 2018
A massive blaze has broken out at a Saudi Arabian public prosecution building in Dammam, footage from the scene shows.

Videos posted online show one side of the building entirely engulfed in flames, with thick plumes of black smoke emerging from the inferno.

More than 20 firefighting and rescue units were sent to the scene and were eventually able to control the fire, Al Arabiya reported.

Prince Saud bin Nayef bin Abdul Aziz, Prince of the Eastern Province, has ordered the formation of a committee to investigate the incident.

Comment: Other notable fires recently:


Stock Down

Ex-European Central Bank chief warns of another global financial crisis due to excessive debt levels

notes money juan euro
© AP Photo / Emrah Gurel
Europe's top central banker during the 2008 financial crisis outlined that the current premises could create the same meltdown as ten years ago.

Jean-Claude Trichet, who ran the European Central Bank between 2003 and 2011, told AFP in an interview that the amount of debt accumulated in the current financial market made the world's financial system as vulnerable as it was 10 years ago.

"The growth in debt, especially private debt, in advanced countries has slowed, but this slowdown has been offset by an acceleration of emerging country debt," said Trichet, noting that this situation could be even more devastating than the financial crisis of 2008.

He also outlined that there is now agreement that the excessive debt level in the advanced economies was a key factor that triggered a global crisis in 2007 and 2008, thus this is the vulnerability of the markets that could potentially trigger a new economic meltdown.

Comment: See also:The world's economic debt train has runaway and it spells disaster for everyone