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America First News
9 Oct 2023
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#politics
The New American: Will a New House Speaker Solve Our Problems? - The New American
US Rep. Matt Gaetz led a rebellion to remove Speaker Kevin McCarthy due to a secret deal on Ukraine funding. The shake-up highlights concerns over foreign interventionism.
Forbes: Citgo To Settle Or Liquidate By Friday
Citgo, the Venezuelan state oil firm's subsidiary in the US, must settle with Group 1 creditors to avoid a sale process. Citgo is worth between $32bn and $40bn and has recovered up to $5bn to pay its own debts. However, a court ruling stated that Citgo is an "alter ego" of the Venezuelan government, increasing its total claimed debt to over $23bn. The interim government of Juan Guaidó used Citgo funds to finance itself and ignored corporate procedure, leading to the "alter ego" ruling. The case is now in negotiations between Caracas and Washington DC.
Trump administration sanctions in 2017 blocked US creditors from negotiating debts with President Maduro, creating problems for investors with legal conflicts with Caracas. Venezuelan bonds are being bought up by non-western buyers through opaque structures. In 2017, corporations claimed that Citgo should pay on behalf of Caracas, but the case failed. In January 2019, as Guaidó assumed power, the US seized Venezuelan assets and transferred them to the interim government. The Delaware court ruled in favor of creditors due to the actions of the interim government. Citgo's liabilities were small enough that Venezuela could service them until the assets were transferred to Guaidó. The regime change policy hindered creditor payments, amounting to $3.4bn at the time. The US government protected Citgo from liquidation but contributed to the situation. The interim government's actions broke the rules and led to the "alter ego" ruling. There is no clear explanation for their actions, but it is known that Guaidó appointed an attorney who had previously testified in favor of Citgo's creditors.
#society
Forbes: Afghanistan Earthquake In Photos: More Than 1,000 Dead And Homes ‘Completely Destroyed’
Over 1,000 people have been killed and hundreds are missing after two earthquakes struck Afghanistan. The U.N. has authorized funding for relief efforts, but international aid has been deemed inadequate. Hospitals are overwhelmed and the situation is worse than expected.
The Blaze: Man is crowned Miss Portugal: Two males now set to compete in Miss Universe pageant
A male won the Miss Portugal pageant, becoming the first "trans woman" to do so. There were mixed reactions to this historic win, with some politicians expressing disapproval.
#war
Red State: Netanyahu Hangs Tough: Bibi Tells Bumbling Biden 'We Have to Go in, We Can't Negotiate Now'
The Biden administration responds predictably to the attack on Israel by Hamas. Secretary of State Blinken's despicable statement is later deleted. Netanyahu refuses Biden's call for a ceasefire and launches a ground operation against Hamas. Israel declares war after Hamas launches rockets. Israeli forces retaliate and strike targets in Gaza. Israeli ground operation in Gaza is imminent.
Euromaidan Press: Zelenskyy calls on NATO to unite against terrorism as Hamas fighting intensifies
Ukrainian President Zelenskyy calls on NATO to unite against terrorism, likening the tactics used by Hamas in Israel to those used by Russian troops in Ukraine. He emphasizes the role of Russia and Iran in the war in Israel and urges the world to confront terror and stand strong for lasting peace. (, )
#foreignaffairs
Washington Free Beacon: FLASHBACK: Biden Officials Admit Palestinian Aid Money Likely To Benefit Hamas, Free Beacon Reports
The Biden administration knew that its aid to Palestinians would benefit Hamas, the Iran-backed terrorist group. Internal documents from the State Department revealed this, contradicting the administration's public claims. The administration restarted taxpayer-funded payments to the Palestinians, which had been cut off by the Trump administration due to their support for terrorists. This aid takes on new significance in light of Hamas's recent attack on Israel, which has resulted in numerous casualties. There are suspicions that the U.S. payment to Iran freed up funds for Hamas's global terror operations. Republicans and critics view Biden's policies as weak and ineffective.
Washington Free Beacon: Iran President Praises 'Innovative' Attack on Israel in Call With Palestinian Terror Chief
Iranian President Ebrahim Raisi praised Hamas's attacks on Israel, calling them "brilliant and impressive victories" for the Palestinians. Reports suggest Iran's involvement in planning the attack, putting President Biden in hot water for his recent hostage deal with Iran. Critics claim that the deal indirectly funded Hamas's attacks.
#sports
Forbes: Injured Coco Gauff To Miss Billie Jean Cup, Focus On WTA Finals
Coco Gauff, the world No. 3 tennis player, has withdrawn from the Zhengzhou Open and the Billie Jean King Cup finals due to a shoulder injury. Despite the setback, Gauff is proud of her performance this year and plans to use the upcoming weeks to practice and improve. The Billie Jean King Cup finals will feature Madison Keys, Sofia Kenin, Danielle Collins, Sloane Stephens, and Taylor Townsend representing the USA. Gauff, on the other hand, will focus on preparing for the WTA Finals in Mexico.
Dirt Wheels Magazine: FIRST RIDE: 2023 POLARIS SPORTSMAN 570 TRAIL EDITION
The Polaris Sportsman 570 Trail edition is a powerful and capable ATV that offers a comfortable ride. It comes with features like Multi-Select Electronic Power Steering, Active Descent Control, and Polaris' Engine Braking System. The ATV has a nimble feel on the trail and is equipped with a 567cc ProStar engine that delivers 44 horsepower. It has a fully automatic CVT transmission with high- and low-range gear selections and comes with Polaris' On-Demand AWD system. The Sportsman 570 Trail edition has a starting price of $10,599.
#technology
National Review: Cybercriminals Obtain and Sell Sensitive Genetic Data from 23andMe
Genetic data stolen from biotech company 23andMe. Hackers targeted Ashkenazi and Chinese users. Company believes hackers used credential stuffing to gain access. Data includes genetic ancestry, names, location, and more. Cyberattacker claimed to have data from 7 million users.
Flag And Cross: OpenAI CEO Envisions Neural Device For Telepathic Communication
OpenAI CEO, Sam Altman, envisions a future where neural devices can display thoughts and enable telepathic communication. Altman believes advancements in artificial intelligence will make it possible to visualize thoughts in a person's field of vision. Microsoft invested $10 billion in OpenAI, but Elon Musk, previously with OpenAI, has expressed concerns and created a company called xAI as a countermeasure. Altman acknowledges the potential dark side of this technology and compares our dependency on smartphones to living in the Matrix. He believes that virtual reality could eventually become so immersive that people won't want to take off their headsets.
#other
Newsbusters: Oh, Canadian Broadcasting Corporation: Don't Call Hamas a 'Terrorist' Group
Public broadcasting networks like the CBC are not as reliable or nonpartisan as they claim to be. An email from a CBC executive instructed journalists not to use the word "terrorist" to describe Hamas, showing a clear bias in their reporting. The CBC uses subjective judgment in deciding when to use the term, favoring certain groups while downplaying others.