Author: rrn69

Uncategorized1 Comment

Chess Maverick quit world chess championship after wearing jeans

rrn69

Norwegian, Mark Carlsen , World chess number one defending his titles at Fife World Rapid  and Blitz Chess Championships in New York has quit a major tournament after being told he could not carry on playing while wearing jeans. The grandmaster said he had offered to change his trousers for the next day, but was fined and told he needed to change immediately. The chess federation (Fide) said its dress code regulations were designed to “ensure fairness and professionalism for all participants” Last year, he settled a long-running legal dispute after accusing a rival opponent Hans Niemann, of cheating in … Continue reading Chess Maverick quit world chess championship after wearing jeans

UncategorizedLeave a comment

Variation in prosperity and poverty

rrn69

The success and prosperity of a nation boils down to their institutions, legal fairness and political transparency. Most countries lack the sense of equality by having exclusionary policies designed to enrich the elites and exploit the poor majority, preventing technological innovation, but social tensions, the legacy form civil conflict, geography, corruption and policy failure, contribute to government weakness. Extractive economic institutions do not create incentives needed for people to save, Invest and innovate.  Higher productivity promotes faster economic growth, and faster growth allows a nation to escape poverty. Nobel prize-winning economist, Daron Acemoglu and James A. Robinson makes meticulous enquiry … Continue reading Variation in prosperity and poverty

UncategorizedLeave a comment

Palantir and Anduril to form a consortium

rrn69

Two of the largest US defence technology companies, Palantir, specialises AI-enabled vantage platforms and Anduril  who specialises in autonomous systems, is to form a consortium that will jointly bid for US government work worth over £850bn defence budget in an effort to disrupt the country’s oligopoly of “prime contractors”, supplying the US government with cutting-edge defence and weapons capabilities. Palantir’s share prices skyrocketed by 300 per cent in the past year with a market capitalisation of $169bn. Space X was valued at $350bn this month and OpenAI with a valuation of $157bn The consortium has already reached with several tech groups … Continue reading Palantir and Anduril to form a consortium

UncategorizedLeave a comment

Fear whipped up by ambitious politicians peddlers of fantastical lies

rrn69

In 1678, a handful of perjurers claimed that the Catholics of England planned to assassinate the King Charles II. Men like the “ Reverend Doctor” Titus Oates and “Captain” William Bedloe parlayed their fantastical tales of Irish ruffians, medical poisoners, and silver bullets into public adulation and government pensions. Their political allies used the fabricated plot as a tool to undermine the ministry of Thomas Lord Danby and replace him themselves. The result was the trial and execution of over a dozen innocent Catholics and the imprisonment of many more, some of whom died in custody. Victor Stater reveals the … Continue reading Fear whipped up by ambitious politicians peddlers of fantastical lies

Uncategorized1 Comment

North Korean Hackers steal £1.76bn this year

rrn69

North Korean hackers stole this year  £1.76bn ($2.2bn) in Cryptocurrencies according to research firm Chainanalysis. Some theft appear to be linked to North Korean hackers posing as remote IT workers to infiltrate crypto and other technology firms, amid nearly doubling of the bitcoin prices, as incoming US president Donald Trump is expected to be more crypto-friendly. The majority of crypto stolen this year was due to compromised private keys- which are used to control access to users’ assets on crypto platforms. But the most significant incidents this year included the theft of the equivalent of $300m, in bitcoin from Japanese crypto … Continue reading North Korean Hackers steal £1.76bn this year

Uncategorized1 Comment

Finding new love

rrn69

Marine and Michael, two protagonist find themselves together on a 190-mile  coast-to-coast walking trail across northern England, after being brought together through a mutual friend. A love story develops between the two divorcees as they battle the great British weather to find their way home, finding new love and second chances along the way, exploring the relationships in a way that reflects real life and the search for human connection.  At first Marine is interested in another group member, Conrad, but as he soon drops out along with the others, leaving Marine and Michael to continue to walk together, starting from … Continue reading Finding new love

Uncategorized1 Comment

Post Office spent over £132m of taxpayer money defending itself

rrn69

The Post Office has spent over £132m of taxpayer money ( £82m in the 12 mon ths to 31st March 2024, £38m the previous 12 months, and £12m in the year prior to that, defending itself at the inquiry into the wrongful conviction of 900 sub-postmasters who were prosecuted wrongly for shortfalls in their accounts caused by bugs in Fujitsu’s Horizon IT system in what has been described as one of the most widespread miscarriages in British legal history. Most sub-postmasters wrongly convicted lost their livelihoods or were forced to make up shortfalls from their own money, while some former sub-postmasters … Continue reading Post Office spent over £132m of taxpayer money defending itself

Uncategorized1 Comment

Royal Mail £3.6bn takeover approved by the UK Government

rrn69

Daniel Kretinsky (49), Czech low-key billionaire entrepreneur, whose net worth is £6bn, is the new owner of Royal Mail, the historic British company, after the £3.6bn takeover sale of its parent firm was approved by the UK Government. His EO Group is ready to make Royal Mail successful. His investments are in Eustream, Central and Eastern European energy via a labyrinthine structure of companies, which transports Russian Gas via pipelines that run through Ukraine, the Czech Republic and Slovakia.  He build up well-known brands through Vesa Equity Investment, a private firm which is Luxembourg, also holds big stakes in Sainsbury’s … Continue reading Royal Mail £3.6bn takeover approved by the UK Government

Uncategorized1 Comment

“Tabla King in whose hands, rhythm became magic,” dies aged 73

rrn69

Zakir Hussain, one of the world’s greatest tabala players has died aged 73, of idiopathic pulmonary fibrosis, a lung disease, at a hospital in San Francisco. Hussain, the Indian classical music icon, was a four-time Grammy award winner  ( seven Grammy nominations, and has received the Padma Vibhushan, India’s second-highest civilian award. Using the table – a pair of drums used in Indian classical music an accompaniment to the main performance, he transformed the tabla into a globally loved solo instrument. Tributes have began pouring in, as the news of Hussain’s death broke. Nayan Gosh, a sitar and table player said. … Continue reading “Tabla King in whose hands, rhythm became magic,” dies aged 73