Author: admin@primenews

China has suspended the release of monthly data on joblessness among young people, after the figure hit consecutive record highs in recent months amid a broader economic slump. The news, which drew immediate backlash and ridicule on social media, was announced by the National Bureau of Statistics (NBS) on Tuesday, when it released its regular batch of monthly economic indicators. Previously, the NBS unveiled urban unemployment rates for 16- to 24-year olds each month. Fu Linghui, a spokesman for the NBS, explained it was because the current statistics “need to be improved.” The number of students in the age group has grown in…

Rudy Giuliani is staring down hundreds of thousands of dollars in legal bills and sanctions amid numerous lawsuits in addition to the new criminal charges – related to his work for Donald Trump after the 2020 election. In court on Monday, the former New York City mayor said the legal quagmires have left him effectively out of cash. He even appears to have responded to some of the money crunch by listing for sale a 3-bedroom Manhattan apartment he owns for $6.5 million. Not including standard legal fees, Giuliani faces nearly $90,000 in sanctions from a judge in a defamation case, a…

Michael Burry, the “Big Short” investor who became famous for correctly predicting the epic collapse of the housing market in 2008, has bet more than $1.6 billion on a Wall Street crash. Burry is making his bearish bets against the S&P 500 and Nasdaq 100, according to Security Exchange Commission filings released Monday. Burry’s fund, Scion Asset Management, bought $866 million in put options (that’s the right to sell an asset at a particular price) against a fund that tracks the S&P 500 and $739 million in put options against a fund that tracks the Nasdaq 100. Burry is using more…

Last week, India’s ruling government unveiled three new bills in parliament, stating that they would usher in a “significant transformation in our criminal justice system”. The bills are crafted to abolish and replace a trio of criminal laws. The Indian Penal Code and the Indian Evidence Act are antiquated colonial-era laws, while the Code of Criminal Procedure is half a century old. The bills have been referred to a parliamentary committee for further debate. Home Minister Amit Shah says their objective is to “deliver justice, not mere punishment”. India’s criminal justice system needs urgent reform: shoddy police investigations often result…

Multiple doctors have advised Farah Nurfirman to leave her hometown Jakarta for her health’s sake. The 22-year-old asthmatic often wears a mask and carries an inhaler, but the air quality in the city is not helping. The Indonesian capital, which has long wrestled with air pollution, was ranked the most polluted city on global charts nearly every day last week. President Joko Widodo on Monday even mandated that all civil servants work from home amid worsening air quality. Last week, Jakarta saw its airborne concentration of the pollution particles known as PM2.5 outpace other heavily polluted cities such as Riyadh,…

In her university room in Bangladesh, Nina, 19, holds her boxing gloves up to her face, staring into the mirror. She is learning to protect herself. She says there is no other way. Nina is one of hundreds of Afghan women who have taken up the offer of an education abroad, despite knowing they may never be able to return home. Nearly 12 months ago, walking through Kabul airport, she says she felt far less strong. She remembers her hands shaking. She knew it was dangerous to flee Afghanistan. When airport officials questioned her, she lied: “The Taliban don’t allow…

North Korea has said US soldier Travis King crossed into its territory last month because of “inhuman maltreatment and racial discrimination” in the army. The 23-year-old private dashed across the border from South Korea on 18 July while on a guided tour. Private King admitted to crossing illegally and wanted refuge in the North, state media reported. Washington said it could not verify the claims, which are Pyongyang’s first public comments on the case. Concerns have been growing for the welfare of the US soldier- who has not been heard from or seen since his crossing. Negotiations between North Korean…

A big freeze previously unknown to science drove early humans from Europe for 200,000 years, but they adapted and returned, new research shows. Ocean sediments from 1.1 million years ago show temperatures suddenly dropped more than 5C, scientists say. They say our early ancestors couldn’t have survived as they didn’t have heating or warm clothes. Until now, the consensus had been that humans had existed in Europe continuously for 1.5 million years. Evidence for the big freeze is found in sediments in the seabed off the coast of Lisbon, Portugal. Layers are deposited each year which are a record of…

For deaf children, teachers and scientists, talking about things like “greenhouse gases” or “carbon footprint” used to mean spelling out long, complex scientific terms, letter by letter. Now they are among 200 environmental science terms that have their own new official signs in British Sign Language (BSL). The deaf scientists and sign language experts behind the update hope the new vocabulary will make it possible for deaf people to fully participate in discussions about climate change, whether it’s in the science lab or classroom. “We’re trying to create the perfect signs that visualise scientific concepts,” explains Dr Audrey Cameron. Dr…

The company that owns Versace is being bought by the luxury goods group Tapestry in a deal worth $8.5bn (£6.7bn). Capri Holdings, which also owns Michael Kors and Jimmy Choo, is being taken over by Tapestry whose own brands include high-end names such as Coach. Tapestry’s boss Joanne Crevoiserat said the deal “creates a new powerful global luxury house”. Analysts said it would build a rival to compete with European fashion giants. “It’s creating a major American fashion conglomerate especially in the premium fashion space,” said Louise Deglise-Favre, apparel analyst at the analytics company GlobalData, told the BBC. “It’s not…