Author: News Desk

Paris: The 2024 Paris Olympics has officially kicked off on Wednesday with football and rugby sevens competitions. To accommodate athletes’ recuperation periods and guarantee that the championship matches take place before the closing ceremony on August 11, some sports began two days ahead of schedule on Friday night. Due to crowd disruptions, the opening football match of the Olympics was postponed for about two hours, culminating in anarchy. After the game was eventually finished in an empty stadium, Morocco defeated Argentina 2-1. Les Bleus defeated Uruguay in their second match of the day after being held to a draw by…

Scotland: Two incredibly rare fossils discovered from Scotland’s Isle of Skye have reshaped human understanding of mammal evolution. Scientists have found that one of the first mammals to roam the Earth, alongside dinosaurs, could live for seven years or more, a sharp contrast to modern small mammals that often live just a year. The fossils belong to Krusatodon kirtlingtonesis, a primitive shrew-like mammal. Among the rare finds are two exceptionally complete skeletons: a juvenile and an adult. These discoveries are crucial, as only a handful of Krusatodon fossils have ever been found by scientists. Researchers have employed advanced X-ray imaging…

United States: Boeing has agreed to plead guilty to fraud after US prosecutors determined the company violated a deferred prosecution agreement related to two fatal crashes involving the 737 Max jetliner. Following the plea agreement submitted on Wednesday to a federal court in Texas, Boeing will have to pay a $243.6 million fine for deceiving aviation authorities on software that contributed to 346 fatal crashes in 2018 and 2019. The company, which earlier this month agreed to enter a guilty plea in principle, would also have to spend $455 million on compliance safety programs and hire an independent compliance monitor for…

United Kingdom: Inventors are trying to address the challenge of creating a reliable clean water supply on the moon, with one innovative approach involving a microwave oven from Tesco. As plans for a crewed lunar base advance, the need for a sustainable water source has become critical. Extracting and purifying water from ice in lunar craters at the south pole could provide drinking water, support crop growth, and be split into hydrogen for rocket fuel and oxygen for breathing. The UK Space Agency has announced £30,000 ($37,500) in seed funding for each of 10 UK teams competing in the Aqualunar…

Falkland Islands: At least six people are dead and seven are missing after the fishing vessel FV Argos Georgia sank in the South Atlantic, approximately 200 miles off the coast of the Falkland Islands. The vessel, carrying 27 crew members, requested assistance shortly after it began sinking east of the islands at around 4 p.m. local time on July 22nd, according to a Falkland Islands government. The crew abandoned the ship, with some managing to board life rafts. While some individuals on the life rafts have been rescued, the search continues for those still missing. The Falkland Islands government has…

United States: Donald Trump’s campaign filed a complaint with the Federal Election Commission (FEC), accusing Vice President Kamala Harris of violating federal campaign finance laws by replacing Joe Biden’s name with her own to take control of his campaign funds. The lawsuit, which was submitted by David Warrington, the general counsel for the Trump campaign, claimed that the Biden campaign was unable to roll over $91 million and change its committee from “Biden for President” to “Harris for President” after Biden withdrew from the race on Sunday. The Trump team has been seeking for any means to stifle the momentum…

Taiwan: Taiwan has prepared for the arrival of Typhoon Gaemi by closing financial markets, giving people the day off work, cancelling flights, and placing the military on standby amid forecasts of heavy rain and strong winds. Gaemi, the first typhoon of the season to impact Taiwan, is expected to make landfall on the northeast coast, according to the Central Weather Administration. Currently classified as a medium-strength typhoon, Gaemi is expected to move across the Taiwan Strait and hit China’s southeastern Fujian province by July 26th. In rural Yilan county, where Gaemi will first make landfall, strengthening wind and rain led…

France: French prosecutors have reported the arrest of a Russian man suspected of planning “destabilisation” activities during the Paris Olympics. According to the local media, an inquiry was started into the potential disclosure of “intelligence to a foreign power to arouse hostilities in France” after a 40-year-old man was taken into custody. It is unlikely that the claimed plot was intended to carry out a terror act. It occurs just a few days before the games begin, with Friday’s opening ceremony scheduled to take place in the heart of Paris. The French interior ministry requested that the man’s Paris residence…

The Annual Summit organised by the International Association of Money Transfer Networks( IAMTN), IAMTN Summit 2024, is a unique event that brings together industry leaders, innovators, and experts from financial services and digital payments sectors. The two-day summit will be held on October 9-10, 2024 at Habtoor Palace, Dubai, UAE. It promises to be an engaging and insightful experience, featuring keynote speakers, panel discussions, workshops, and ample networking opportunities. This summit will bring together financial services and fintech trailblazers from around the world to engage in thought-provoking discussions outlined in our meticulously crafted two-day agenda. The event will delve into…

United States: An international research team, including chemist Franz Geiger from Northwestern University, has made a remarkable discovery: metallic minerals on the deep-ocean floor produce oxygen at depths of 13,000 feet. The unexpected finding challenges the long-standing belief that Earth’s oxygen is solely generated by photosynthetic organisms like plants and algae. Instead, it suggests that oxygen can also be produced in the seafloor’s dark, lightless depths, potentially supporting aerobic marine life in complete darkness. Mechanism for Oxygen production The study published in ‘Nature Geoscience’, reveals that polymetallic nodules or the natural mineral deposits found on the ocean floor are at…