A water pump station is seen at a flooded area after Ukrainian military forces opened a dam to flood an residencial area in order to stop advance of Russian forces. The intentional flooding of a small village north of Kyiv that created a quagmire and submerged cellars and fields, but prevented a Russian attack on the capital, was worth all the sacrifice, residents said. Ukrainian forces opened a dam early in the war in Demydiv, causing the Irpin River to flood the village and thousands of acres around. The move has since been credited with stopping Russian soldiers and tanks from breaking through Ukraine's lines. "Of course, it was good," said a man who lives in the village, but would not reveal his name. "What would have happened if they (Russian forces) …. were able to cross the little river and then went onto Kyiv?" More than a third of some fields have been flooded, said another man, who also did not reveal his name. Close Some two months later, people … [Read more...] about Ukraine village flooded intentionally to prevent Russian attack
Flood warning near me
Flooding in Bangkok after 10 hours of torrential rain
Bangkok has flooded in many areas after 10 hours of torrential rain beginning at 3pm yesterday and continuing into the early hours of this morning, according to the Department of Drainage and Sewage. The most affected areas are Chatuchak, Lak Si, Don Mueang and Lat Phrao. In some places, the water level has reached higher than 1 metre. The floods caused traffic jams this morning, namely at Ratchayothin Intersection and Ratchadapisek – Lat Phrao Intersection. Now, the roads are starting to return to normal. However, some sections of the roads may still be flooded, so bear this in mind if you are driving in Bangkok today. The Department of Drainage and Sewage reported that flood solution projects are going ahead in Bangkok and should be completed in many areas by the end of May. The projects will definitely help alleviate Bangkok’s flooding situation this monsoon season, according to the department. SOURCE: CH7 Get more from The Thaiger FREE APP: ANDROID or iOS … [Read more...] about Flooding in Bangkok after 10 hours of torrential rain
LINE app popular in Thailand warns users, look out for scams
LINE, a chat app popular in Thailand, is warning users to be on the lookout for scammers who might use SMS and LINE chat to steal personal information. The app said today that recently, some scammers claimed to be company officials, and posted job announcements via SMS and Line chat. LINE said that scammers are also adding people as ‘friends’ in order to steal their personal information, and hurting people and companies involved. The app tells users they can report scammers by clicking ‘Other settings’ and ‘Report’. “…we would like to ask Line users not to click on links with unknown origin or provide personal information through online channels without checking thoroughly.” This news comes after Thai police warned the public last month not to fall for so-called ‘deepfake’ scams . A Thai deputy police spokesman warned that scammers are using deepfake technology to pretend to be police on video calls, and pressure people to transfer money to them. The spokesman, Siriwat … [Read more...] about LINE app popular in Thailand warns users, look out for scams
Parliamentary panel terms drone ‘misuse’ a significant threat, asks MHA to create anti-drone tech
Representative image. While claiming that “drone technology poses a significant threat to governments…”, the Parliamentary Standing Committee on Home Affairs urged the Ministry of Home Affairs to create a pool of anti-drone technology and let all States and Union Territories access it. The committee also sought and received information from several States, including West Bengal and Punjab, regarding the steps taken to deal with drone attacks. These recommendations and inquiries are part of the committee's 237th report on Police — Training, Modernisation and Reforms, released in February 2022. They come at a time when the Indian government has been trying to give the sector a boost through its Drone Rules – 2021, and the more recent PLI Scheme for Drones . In addition, there has also been a growing impetus for the use of drones in varied industries, including agriculture and health (medicine delivery). “The Committee... recommends that the MHA may take up with concerned … [Read more...] about Parliamentary panel terms drone ‘misuse’ a significant threat, asks MHA to create anti-drone tech
Rain, landslides hit Assam. Check full list of cancelled trains
The Railways has short terminated/cancelled 29 trains because of the downpour. (Representational image) Assam has been hit by incessant rains and landslides. At least three people have died in the state and transportation has been hit. The Railways has short terminated/cancelled 29 trains because of the downpour. Check the full list of cancelled trains below: Trains have been further cancelled or partially cancelled. @ANI @PIB_Guwahati @PIBAgartala @ddnewsagartala @ddnews_guwahati @airnews_ghy @airnews_agt @airnews_silchar @silcharNOW @News18Northeast @DY365 @DimahasaoPolice @DimaDipr @cacharpolice @diprassam @RailMinIndia https://t.co/qk4ijqIWLl pic.twitter.com/9DvdyDPpJ5 — Northeast Frontier Railway (@RailNf) May 15, 2022 Close Dima Hasao, Cachar and Karbi Anglong districts have been the worst-hit by the deluge. In Dima Hasao, the Indian Air Force rescued over 100 passengers from a railway station on May … [Read more...] about Rain, landslides hit Assam. Check full list of cancelled trains
Asia’s SPAC Hopefuls Have Nowhere to Turn As IPO Market Shuts
- A + A (May 18): Asian sponsors of blank-check firms are facing a tough market for initial public offerings wherever they turn, as a combination of increasing regulatory scrutiny and fading investor demand shutters the window for new listings from the US to Asia. In the past three months, at least six Asia-related special purpose acquisition companies seeking a combined $1.3 billion from US IPOs have been scrapped, according to data provider SPAC Research. Of 12 blank-check firms that have filed to go public in Hong Kong, only one has actually started trading. It’s a similar pattern in Singapore, where SPACs have stalled after three inaugural IPOs in January. “The global IPO market has obviously been very quiet so far this year,” Paul Uren, JPMorgan Chase and Co.’s Asia Pacific head of investment banking, said in an interview with Bloomberg TV. “What we need to see for that to change is lower volatility and investors with more of a risk-on mentality.” Asia was … [Read more...] about Asia’s SPAC Hopefuls Have Nowhere to Turn As IPO Market Shuts
US pries into over 100 trader and banker phones in texting probe
Reuters filepix for illustration purpose only - A + A NEW YORK (May 18): The US is forcing Wall Street banks to embark on a systematic search through more than 100 personal mobile phones carried by top traders and dealmakers in the largest-ever probe into clandestine messaging on platforms such as WhatsApp. The Securities and Exchange Commission has been sending firms lists of key positions — in some cases pointing to around 30 people including heads of certain investment banking teams or trading desks — that are subject to the review, according to people with direct knowledge of the requests. Personnel in those roles are being ordered to hand over phones so devices can be examined by lawyers. The aim is to gauge how pervasively Wall Street professionals use unauthorized messaging platforms to chat with each other or clients as regulators decide which firms to punish, and how hard, for failing to preserve business-related messages sent via unapproved platforms. … [Read more...] about US pries into over 100 trader and banker phones in texting probe
Asia’s SPAC hopefuls have nowhere to turn as IPO market shuts
- A + A (May 18): Asian sponsors of blank-check firms are facing a tough market for initial public offerings wherever they turn, as a combination of increasing regulatory scrutiny and fading investor demand shutters the window for new listings from the US to Asia. In the past three months, at least six Asia-related special purpose acquisition companies seeking a combined US$1.3 billion from US IPOs have been scrapped, according to data provider SPAC Research. Of 12 blank-check firms that have filed to go public in Hong Kong, only one has actually started trading. It’s a similar pattern in Singapore, where SPACs have stalled after three inaugural IPOs in January. “The global IPO market has obviously been very quiet so far this year,” Paul Uren, JPMorgan Chase and Co’s Asia Pacific head of investment banking, said in an interview with Bloomberg TV. “What we need to see for that to change is lower volatility and investors with more of a risk-on mentality.” Asia was … [Read more...] about Asia’s SPAC hopefuls have nowhere to turn as IPO market shuts
HSBC’s mass of Hong Kong retail investors warms to breakup
- A + A HONG KONG (May 18): Smarting from HSBC Holdings Plc’s move to scrap its dividend during the height of the pandemic, the bank’s largely silent mass of retail shareholders in Hong Kong is warming up to the idea of a breakup. Splitting up Europe’s biggest bank to separate out its Asian operations is being pushed by its largest investor, Ping An Insurance Group Co, based just across the border in Shenzhen. The call is winning support in Hong Kong’s retail base, which owns about a third of the bank, with some seeing it as a surefire way of preventing the steady stream of payouts from being cut off again. Their loyalty has been tested as numerous pivots in strategy fail to impress the market, leaving dividends at half of what they were in 2018 and the stock down more than 40%. The former British colony is the beating heart of the bank’s global operations, accounting for about 30% of the group’s 2021 adjusted profits. Yet decisions such as the halting of dividends … [Read more...] about HSBC’s mass of Hong Kong retail investors warms to breakup
Why is Coinbase crashing? COIN stock hits all-time low as crypto trading sinks
Cryptocurrencies have taken a beating this year. As Gizmodo reports , many have lost up to half their value within the last six months alone. But the beating that crypto is taking in 2022 is affecting more than just the digital coins themselves: In the wake of Coinbase’s most recent quarterly earnings, we now know that some crypto trading platforms are also underperforming. advertisement Yesterday after the bell, Coinbase Global (Nasdaq: COIN) announced its Q1 2022 earnings. The results were not good and sent COIN stock plummeting. As of the time of this writing, COIN is down over 14.5% to $62.33 in pre-market trading. That’s an all-time low for Coinbase, which peaked at just over $319 last October. The company went public in a much-hyped direct listing a little over a year ago, the first major crypto exchange to list on U.S. markets. So, what sent COIN stock crashing? As CNBC reports , revenue fell 27% from a year ago. That decline was led by fewer users … [Read more...] about Why is Coinbase crashing? COIN stock hits all-time low as crypto trading sinks