Mountains are calling and i must go shirt

FILE– Mercedes’ Lewis Hamilton. REUTERS/Hamad I Mohammed/Pool SAO PAULO—Lewis Hamilton called for action to change “archaic mindsets” after a racist remark about him by Brazilian triple champion Nelson Piquet emerged on social media, triggering widespread condemnation. In a Brazilian interview on YouTube in November, Piquet, 69, used a racial slur when referring to the seven-time world champion, when commenting on Hamilton’s British Grand Prix crash with Max Verstappen . He also said Hamilton had “played dirty” in the incident. Piquet’s daughter Kelly is Verstappen’s partner, and the comments resurfaced as the drivers prepare to return to Silverstone this weekend. Hamilton, who was recently awarded honorary Brazilian citizenship and is the sport’s only Black driver, responded on Twitter. “It’s more than language. These archaic mindsets need to change and have no place in our sport,” the Mercedes driver said. “I’ve been surrounded by these attitudes and targeted my whole … [Read more...] about F1: Lewis Hamilton calls for action amid storm over racist Piquet comment

Lewis Hamilton - A + A (June 28): Seven-time Formula One world champion Lewis Hamilton called for changes in “archaic mindsets” after former racer Nelson Piquet used a racial slur to refer to him in an interview. It’s more than language. These archaic mindsets need to change and have no place in our sport. I’ve been surrounded by these attitudes and targeted my whole life. There has been plenty of time to learn. Time has come for action. Piquet used the Portuguese equivalent of the N-word in a November interview that was picked up by Brazilian outlets this week. In response, Hamilton said on Twitter that he’s been targeted all his life, and that there’s been plenty of time to learn but the “time has come for action”. Piquet, a three-time world champion, was criticizing Hamilton’s collision with Red Bull’s Max Verstappen at the British Grand Prix last year. Hamilton, the Mercedes driver, won his home race. Piquet’s daughter has been in a relationship … [Read more...] about F1’s Lewis Hamilton condemns Nelson Piquet’s racist slur, calls for action

FILE PHOTO: OptimuMedicine registered nurse Allison Anderson (L) gives Chuck Struckness of Nevada a Pfizer-BioNTech booster shot at a pop-up COVID-19 vaccination clinic at Larry Flynt’s Hustler Club on December 21, 2021 in Las Vegas, Nevada. (Photo by Ethan Miller / GETTY IMAGES NORTH AMERICA / Getty Images via AFP) Washington , United States — A panel of US medical experts on Tuesday called for Omicron-specific boosters this fall, as anticipation mounts that Covid vaccines will be needed on an ongoing seasonal basis, as is the case for influenza. The committee, convened by the Food and Drug Administration (FDA), voted 19 in favor and two against the measure after a day spent reviewing available data, including projections about future waves and early results from vaccine makers. Senior FDA scientist Peter Marks summed up the complexity of the problem before the experts’ meeting: making predictions about the future course of a virus that has frequently defied predictions, … [Read more...] about US medical experts call for Omicron-specific COVID boosters

UNITED NATIONS (Reuters) - Ukrainian President Volodymyr Zelenskiy accused Russia of being a "terrorist state" at the United Nations on Tuesday, prompting Russia to charge that he was using a Security Council address as a "remote PR campaign" to solicit more Western weapons. Zelenskiy pushed the Security Council to expel Moscow from the United Nations and to create a tribunal to investigate actions of the Russian military in Ukraine, which invaded on Feb. 24. However, Russia is a council veto power and can shield itself from any such action. "Russia does not have the right to take part in discussing and voting in regard to the war in Ukraine, which is unprovoked and simply colonialist of the part of Russia," Zelenskiy told the council. "I urge you to deprive the delegation of the terrorist state of its powers." Moscow calls its invasion a "special military operation" to rid Ukraine of fascists, an assertion the Kyiv government and Western allies say is a baseless pretext for … [Read more...] about Zelenskiy urges action in U.N. address, Russia calls it ‘PR campaign’ for weapons

If you're looking for capitulation in 2022, it's in the bond market. And that tells you that investors' confidence in the global economy is very low. Inside the stock market, it's all about defense. Defensive stocks, which include big healthcare companies and dividend-paying value stocks, have been driving the gains. An index of global defensive stocks put together by Goldman Sachs, which is heavy in healthcare giants, has climbed to more than an 18-month high relative to the MSCI AC World Index. Inside the U.S., the defensive ETF ticker DEF has been outperforming the Spider ETF SPY all last week and all year. For market watchers, this feels a whole lot like a recession trade. While investors in the capital markets are battening the hatches for a recession, money in the private markets is also drying up. The value of venture capital deals in the U.S. dropped more than 25% in the second quarter to just $1 trillion, according to Dealogic . M&A activity in the United States … [Read more...] about What the Business Cycle is Telling us About a Recession

Actor Ron Pearlman, 72, married actress Allison Dunbar, 49, in Italy on or around June 14 after three years of dating. Dunbar shared a short video of the newlyweds on her Instagram page with the caption, “Pulling a Kravis before it was a thing,” a reference to socialite Kourtney Kardashian and rockstar Travis Barker’s recent Italian wedding. (RELATED: ‘Once You Go Persian, There’s No Other Version’: Iran Reportedly Takes Victory Lap Over Britney’s Big Wedding) View this post on Instagram A post shared by Allison Dunbar (@allisondunbar) The video featured Perlman and Dunbar in their wedding attire, walking through what appears to be Palazzo Margherita, a 9-room boutique hotel in Basilicata, Italy. Perlman wore a black suit with a blue shirt, along with a golden tie, while Dunbar stunned in a short lace white dress. The marriage was licensed in California after the pair partied it up in Italy, according to … [Read more...] about Actor Ron Perlman Marries Woman More Than 20 Years Younger Than Him

COLOMBO (Reuters) -Sri Lanka will allow companies from oil-producing countries to import and sell fuel, the power and energy minister said on Tuesday, ending a duopoly as it tries to overcome a shortage of petrol and diesel that is exacerbating an economic crisis. The Cabinet decision came as the minister, Kanchana Wijesekera, headed to Qatar and a ministerial colleague was due to arrive in Russia on Sunday for talks on energy deals. Sri Lanka is suffering its worst economic crisis since its independence, with foreign exchange reserves at a record low of $1.92 billion, according to the Central Bank, though analysts estimate a lower level of useable funds. The island of 22 million people is struggling to pay for essential imports of food, medicine and, most critically, fuel. The government closed urban schools for about two weeks from Tuesday and allowed fuel supplies only to services deemed essential like health, trains and buses as stocks would only last only a week or so … [Read more...] about Cash-starved Sri Lanka to end fuel duopoly to ease shortages

- A + A KUALA LUMPUR (June 28): Inari Amertron Bhd is forming a joint venture (JV) with China Fortune-Tech Capital Co Ltd (CFTC) to carry out outsourced semiconductor assembly and test (OSAT) services in China. In a filing with Bursa Malaysia, Inari said its wholly-owned subsidiary Amertron International Ltd has entered into a JV contract with CFTC (Yiwu) Equity Investment Fund Partnership (Limited Partnership) and CFTC Equity Investment Management (Beijing) Co Ltd. CFTC (Yiwu) is a private equity fund administered by CFTC, while CFTC Equity is wholly owned by CFTC. Inari said Amertron International will take up 54.4648% interest in the JV company, called Yiwu Semiconductor International Corporation, while CFTC (Yiwu) will own the remaining 45.5352% stake. Amertron International will have to contribute RM283.33 million cash into the JV company while CFTC (Yiwu) will inject RM131.78 million of new cash investment, said Inari. The group said it will fund the … [Read more...] about Inari investing RM283 mil in JV with CFTC to carry out OSAT services in China

Fred Hu, chairman of Primavera Capital Group, poses for a photograph following a Bloomberg Television interview in Hong Kong, China on Monday, Sept 16, 2019. (Bloomberg filepix) - A + A (June 28): The founder of one of China’s biggest private equity investors said the nation’s tech firms are turning a corner after a recent rout wiped out nearly US$2 trillion in market value at its peak. Fred Hu, the former Goldman Sachs Group Inc rainmaker who started the US$17 billion Chinese private equity firm Primavera Capital, said reassuring messages concerning regulation, resilient earnings and beaten-down valuations now make the sector interesting for investors. “This could be the beginning of a new era for China tech,” Hu, the firm’s chairman, said in a recent interview. “There’s a lot of value to be discovered,” he said, adding that investors still need to be selective given the high risk profile of such companies. The private equity mogul’s views are one of the … [Read more...] about One of China’s top tech investors sees crackdown turning point

- A + A SINTRA/FRANKFURT (June 27): The European Central Bank (ECB) will activate the bond-purchasing firepower it has earmarked as a first line of defence against a possible debt-market crisis on Friday (July 1), according to President Christine Lagarde. Applying "flexibility" to how reinvestments from the ECB's €1.7 trillion (US$1.8 trillion) pandemic bond-buying portfolio are allocated is aimed at curbing unwarranted turmoil in government bonds as interest rates are lifted from record lows to curb unprecedented inflation. Net buying under a separate asset-purchase programme is also set to end on Friday — potentially exposing some of the eurozone's more-indebted nations to speculative attacks by investors. "We have decided to apply this flexibility in reinvesting redemptions coming due in the PEPP portfolio as of July 1," Lagarde said on Tuesday in a speech in Sintra, Portugal, where the ECB is holding its annual retreat. "We will ensure that the orderly … [Read more...] about ECB to activate first line of defence in bond market on July 1