Welcome to Sott.net
Fri, 05 Nov 2021
The World for People who Think

Society's Child
Map

Arrow Down

Argentinian peso continues its collapse despite interest rate hike

currency exchange board in Buenos Aires
© Marcos Brindicci / Reuters
People walk past a currency exchange board in Buenos Aires' financial district, Argentina
Efforts by the Argentinian central bank to stabilize the national currency by raising a key interest rate to 60 percent have done little to soothe rapidly deteriorating sentiment in Latin America's third-largest economy.

The peso, which has lost over half its value against the US dollar since the start of the year, plunged more than 15 percent following news of the rate hike. It was trading at 38.53 peso per dollar on Friday.

Argentina's central bank, which on Thursday sharply raised interest rates from 45 to 60 percent, said the move was in "response to the foreign exchange rate situation and the risk of greater inflation."

The regulator had already increased interest rates four times since April, most recently on August 13. The rate hikes were prompted by a sudden weakening in the peso after a drought hampered farm exports earlier in the year.

Ambulance

Explosion hits Russian munitions factory, leaving at least 3 dead several injured

russian factory
© sverdlova.ru
An explosion has hit one of the biggest Russian munitions factories in the Nizhny Novgorod region, reportedly killing at least three people and injuring several more. Some may still be trapped under rubble.

"We have discovered three dead in the rubble," the local emergency services chief said after what the Sverdlov plant in Dzerzhinsk said was a "bang" at one of its mines' disposal facilities. The official said that a part of the wall collapsed and it is too early to say whether any staff remain under the debris.

At least four people were injured in the accident, according to Interfax, citing the local governor. Earlier, Russian media reported that five people were sent to hospital, including a woman with 80 percent burns to her body.

It is thought ammonal explosive caused a blast in one of the workshops of the Sverdlov plant, and a fire engulfed an area of around 100 square meters. The blaze was completely extinguished by firefighters at around 1pm local time (10:30am GMT).

The Sverdlov plant is more than 100 years old and is currently one of the biggest munitions facilities in Russia, located around 400 km (249 miles) from Moscow. It produces industrial explosives, detonators and booster leads for the mining industry.

Pirates

Migrant in Germany suspected of hundreds of crimes can't be deported because nobody knows where he's from

german police
© Michaela Rehle / Reuters
A migrant suspected of committing hundreds of crimes has been let roam free in the German city of Frankfurt because the authorities have been unable to establish his identity and country of origin for decades.

Little is known about the man, as no one knows his name, let alone his age or nationality. The only more-or-less verifiable fact known about him is that he arrived in Germany some 20 years ago, in 1998, without any identity documents. He has lived on the streets of German cities ever since and currently resides in Frankfurt, according to the German Bild daily.

The list of the crimes that the unidentified migrant has allegedly committed over this period is extensive. Some 542 criminal proceedings have been opened against him during these years, according to the German police.

"One third of the investigations were related to possession and purchase of drugs," Ruediger Buchta, a high commissioner with the Frankfurt police, told the German media, adding that the migrant's other alleged offenses included "fraudulent acquisition of services like fare dodging," as well as "assault, theft, robbery" and numerous "offenses against the Residence Act."

Clipboard

Louisiana State Police sued for withholding 'Antifa list' of anti-Trump petitioners

KKK flag
© Global Look Press/ Allen Sullivan
Louisiana State Police are being sued by a Harvard lecturer over their alleged refusal to release a list of anti-Trump petitioners that they had. He says it originated from a neo-Nazi website, and was named "Antifa list."

Harvard Law School lecturer Thomas Frampton is suing Louisiana State Police (LSP) over its alleged failure to release a list of thousands of citizens who had signed a petition against US President Donald Trump. According to the lawsuit, the list comes from a hoax roster that originally showed up a year ago on neo-Nazi conspiracy theories website, 8Chan, WGNO reports.

The list was discovered by New Orleans civil-rights attorney William Most. Frampton is now taking action against the LSP's Baton Rouge police department on his behalf.

The LSP's alleged implication with neo-Nazi groups drew the ire of the public, some of whom went as far as to accuse the "racist" police force of taking orders from white supremacist group, the Ku Klux Klan.

Handcuffs

Twelve men arrested in 2-month-long torture and rape of Moroccan girl

tattooed arm
© AFP/Getty Images
Moroccan teenager Khadija, 17, displays the tattoos she says were inflicted by men who kidnapped and raped her.
A dozen men have been arrested in Morocco over the alleged rape, kidnapping and torture of a 17-year-old girl who claims to have been held against her will during a two-month ordeal that has sent shockwaves across the kingdom.

The case has reignited a fresh debate over women's rights in Morocco, where sexual abuse is well-documented despite laws recently passed to combat gender-based violence and harassment.

The girl - identified only in media reports as Khadija - alleges she was abducted from outside a relative's house in central Morocco during the month of Ramadan, then starved, drugged, burned with cigarettes and tattooed with swastikas by as many as 15 men, three of whom appear to still be at large.

"It was terrible," Khadija told Morocco's Chouf TV. "They held me for about two months and raped and tortured me. I will never forgive them. They have destroyed me."

Heart - Black

Virginia cop arrested for beating his 6-month-old daughter to death

Jason Colley
A Fairfax County Police officer turned himself in to authorities this week and was arrested after being charged with multiple counts of child abuse involving the death of his 6-month-old daughter.

According to the State's Attorney for Frederick County, officer Jason Colley, 38, was indicted on August 24, 2018 and charged with First Degree Child Abuse - Death, First Degree Child Abuse - Sever Physical Injury, and First Degree Assault. The charges are a result of investigation by the Maryland State Police into injuries sustained by his infant daughter, Harper Colley, on September 19, 2017, which resulted in her death.

The statement says that the defendant is being held on $100,000 secured bond. However, the Washington Post reported on Wednesday that he has posted this bond.

In April, the Fairfax police department was notified that Colley - who had been with the department for 10 years - was the lead suspect in the investigation into his daughter's death. When he reported for his next shift, the department relieved him of his duties and all law enforcement powers.

Heart - Black

Body of Russian climber missing for 31 years found preserved in ice like a 'wax doll'

Elena Bazykina
© Komsomolskaya Pravda
Elena Bazykina
The frozen body of a Russian climber who went missing 31 years ago on Europe's highest mountain has been found. Elena Bazykina reportedly looked like a "wax doll" as her body was pulled from Mount Elbrus in southern Russia.

The mountaineer was 36 when she died alongside another six of her friends after they were hit by an avalanche back in 1987.

The body of the woman was found encased in ice by a group of tourists at an altitude of about 4,000 meters (over 13,000 feet). Her USSR passport was found on the remains, as well as her Aeroflot air ticket from Moscow, dated 10 April 1987.

Handcuffs

Israel may criminalize lap dancing as form of prostitution

lap dance
© Marcelo del Pozo / Reuters
Lap dancing may soon become a criminal offense in Israel after new guidelines from the state attorney's office called on police to crack down on strip clubs that cultivate the practice.

While prostitution is legal in Israel, its organized forms such as running brothels and pimping are not. Strip-club lap dancing is now being added to that list. A new directive by Israel's state attorney takes aim at the owners of clubs that allow the practice, which the office links to the sex industry.

A statement by the deputy state attorney, as cited by the Jerusalem Post, describes lap dancing as "the activity that in certain circumstances constitutes prostitution." The dance "as such... shall be considered a criminal offense against which extensive measures can be taken."

Comment: These Israeli politicians don't give a damn about protecting women:


Handcuffs

Leading Belgian football TV presenter Stephane Pauwels arrested for involvement in armed robbery

Stephane Pauwels arrested robbery
© LAURIE DIEFFEMBACQ / AFP
His detention is part of an operation into armed robberies, burglaries and drug dealing.
Leading Belgian football TV personality Stephane Pauwels has been arrested amid claims he was involved in an armed robbery in an affluent town near Brussels in 2017.

Pauwels was taken in for questioning earlier this week in Mons, on suspicion of "possible complicity" in the armed raid in Lasne, south of Brussels, a federal prosecutor's spokeswoman told AFP.

Pauwels, 50, has been a presenter on Belgian channel RTL-TVI, and has also hosted shows in France.

Binoculars

What the media isn't showing you from inside the New Mexico terror compound

wahhaj
© Daily Mail / YouTube
New evidence revealed in a court filing on Friday further suggests that the five adults arrested earlier this month on charges of child abuse at a rural New Mexico compound were running a terrorist training camp. Those arrested include Siraj Ibn Wahhaj, his sisters Hujrah Wahhaj and Subhannah Wahhaj, Subhannah's husband, Lucas Allen Morton, and a woman an FBI agent involved in the case identified as Wahhaj's "Islamic wife," Jany Leveille.

Officials also took custody of the Wahhajs' 11 children, placing them with the state's child protective services. A few days later, agents discovered, in a tunnel on the sprawling property, the corpse of Siraj Ibn Wahhaj's three-year old son, Abdul-Ghani Wahhaj, whom he had kidnapped in Georgia late last year from his estranged wife, Hakima Ramzi.

The Wahhaj siblings' father is the senior Siraj Ibn Wahhaj, who according to National Review Online's Andrew McCarthy is "a well-known (some would say notorious) sharia-supremacist imam who runs a mosque in Brooklyn (Masjid al-Taqwa)." In January, following the kidnapping of his three-year-old grandson, the imam made an appeal on Facebook for information on the whereabouts of his children and 12 grandchildren.

Later, according to the senior Wahhaj, one of his daughters asked for help from a man in Atlanta, saying they were starving at the New Mexico compound. The Atlanta contact passed the information to the imam, who told the authorities, resulting in the early-August raid.

Comment: And yet this is what happens: !?