US has so far administered more than 64 million doses of COVID-19 vaccines as death toll approaches 500,000: CDC

(Bloomberg) – The Kuwaiti government has submitted a bill to parliament asking for permission to withdraw up to 5 billion dinars ($ 16 billion) per year from the country’s sovereign wealth fund to help finance a deficit in spiral

If approved by lawmakers, it would be the first time since the aftermath of the Gulf War in 1990 that Kuwait has drawn funds from the $ 600 billion Future Generations Fund Previous withdrawals were treated as loans and had to be repaid

The government is also trying to pass parliamentary legislation allowing it to exploit the international bond markets and wants to fill its monthly deficit by using both cash and debt, according to two people familiar with the matter who are not allowed to speak publicly

The Future Generations Fund is managed by the Kuwait Investment Authority and is designed to protect the wealth of the Arab Gulf nation for the time it can no longer depend on oil revenues Falling oil prices, made worse by the pandemic , damaged Kuwait’s finances

The government transferred the remaining productive assets from the Treasury to the FGF in exchange for cash to help close the deficit, estimated at 12 billion dinars (397 billion) in the fiscal year starting April 1

Parliament will not be able to consider the bill until it is resumed Kuwaiti leader Sheikh Nawaf Al-Ahmed Al-Jaber Al-Sabah suspended the assembly for a month from February 18 after weeks of acrimony between government and newly elected lawmakers Previous parliament blocked passage of debt law

The legislation to deploy the sovereign wealth fund cites economic circumstances “which are expected to last for many years,” according to a text widely circulated on social media, with the government having to cut spending and increase income while diversifying income

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Fitch Ratings confirmed Kuwait’s AA rating this month, but said “looming cash depletion” and lack of parliamentary approval for the government to borrow is creating uncertainty S&P Global Ratings has recently warned that he would consider downgrading Kuwait within the next six to 12 months if politicians fail to break the deadlock

Lawmakers opposed any hints of spending cuts, especially those that could affect citizens’ incomes.Instead, they called on the government to reduce waste and corruption before passing the burden on. public or resort to debt

The FGF, which invests abroad, cannot be reached without legislation, and the idea of ​​diving into the national savings pot is deeply unpopular Parliament passed a law last year exempting the government transfer the usual 10% of income to the FGF during years of deficit

Anyone who owns a smartphone, especially a recent iPhone from Apple (NASDAQ: AAPL), eventually runs out of power Aware of this, the company is developing a wireless battery to store their iPhones and charge devices According to these sources, Apple has been developing the battery for at least a year

WASHINGTON – The wife of Mexican drug leader “El Chapo” Guzman was arrested Monday at a Virginia airport on charges of international drug trafficking, the Justice Department said Emma Coronel Aispuro, 31, who has dual citizenship from the US and Mexico, was arrested at Dulles International Airport and is scheduled to appear in federal court in Washington on Tuesday She is charged in a single count criminal complaint of conspiring to distribute cocaine, methamphetamine, heroin and marijuana in the U.S. Department of Justice also accuses her of aiding her husband to escape a Mexican prison in 2015 and participate in planning a second prison break before Guzman was extradited to the US in January 2017 As the most powerful drug lord in the Mexico, Guzman escaped through a shower entry to his cell in a milelong (1) 6-kilometer-long illuminated tunnel with a motorcycle on rails. Planning for the escape took a long time, prosecutors say, with his wife playing a key role Court documents accuse Coronel Aispuro of working with Guzman’s sons and a witness, who is now cooperating with the US government, to organize the construction of the underground tunnel that Guzman used to escape the Altiplano prison in Mexico to prevent expensive to be extradited to the US The plot included buying land near the prison, guns and an armored truck, and smuggling a GPS watch so they could “pinpoint exactly where it was.” is located in order to build the tunnel with an entry point accessible to him, ”according to court documents Guzman was sentenced to life behind bars in 2019 His Sinaloa cartel was responsible for smuggling mountains of cocaine and other drugs into the United States during his 25-year reign, prosecutors have said in court documents recent They also said his “army of sicarios” or “contract killers” had been ordered to kidnap, torture and kill anyone who stood in their way. Coronel Aispuro regularly attended Guzman’s trial, even when testimonies cast her in a cruel light.She remained in detention and it was not immediately clear if she had a lawyer who could comment on the allegations Michael Balsamo, The Associated Press

Investigation into an engine explosion on an airliner taking off from Denver focuses on broken fan blades, a development reminiscent of a fatal failure on another plane in 2018 A United-operated Boeing 777 Airlines had to make an emergency landing in Denver after one of its engines exploded, spewing out huge pieces of wreckage that landed in suburban neighborhoods US Officials said Sunday night that two fan blades of the Pratt & Whitney engine had broken

New York, New York – (Newsfile Corp – February 22, 2021) – Levi & Korsinsky informs investors that he has opened an investigation into AgEagle Aerial Systems, Inc (“AgEagle” or the “Company”) (NYSE: UAVS) regarding possible violations of federal securities laws During the February 18, 2020 investor presentation, former CEO Barrett Mooney said the company “is actually working with a very large e-commerce company now on a 3-year agreement to produce their starter package

With a growing reputation as boxing’s most popular fighter, Saul “Canelo” Alvarez prepares to show off his skills at the home of the Miami Dolphins Mexican fighter to defend his super middleweight championship against Turkey’s Avni Yildirim at Hard Rock Stadium Floyd Mayweather Jr Manny Pacquiao’s retirement and Manny Pacquiao’s 18 months of inactivity helped Alvarez become one of boxing’s biggest names

Despite all the uncertainty surrounding the future of the Chicago Cubs, Anthony Rizzo is sure of one thing

TORONTO – A Toronto carpenter who builds tiny wooden shelters for the homeless has asked the city to drop its legal fight against him The city seeks a court order to stop Khaleel Seivwright from building, repairing and move its small shelters to land owned by Township Seivwright, which began manufacturing the structures last fall, said the town should spend the money it uses in the legal fight to help residents vulnerable to the square “The city of Toronto should drop its case against me and focus its resources and efforts on what matters: ensuring safe housing for people,” he said in a videotaped statement. “It is February The city should not remove or destroy tiny shelters until real alternatives exist and COVID-19 is under control” Homeless camps have emerged throughout the city as hundreds of people fled shelters last year for fear of contracting COVID-19 Seivwright’s isolated ‘little shelters’ can be found in many city parks He has raised over $ 200,000 on GoFundMe for equipment, but provides services for free “As winter approached, I knew homeless people would die, like they do in Toronto every year,” Seivwright said in a video release “I started to build small shelters so that some of the most vulnerable could have a warm place to go The shelters I built are a small part of a temporary solution to keep people alive until they are dead. ‘they can access alternative accommodation’ The city said on Monday that the injunction application it filed against Seivwright in February 12 stands He said in its enforcement that its regulations prohibit camping and living in parks belonging to to the city Advocates say around 1,000 people live outside and the city recently said it has around 300 tents or structures in the city’s parks and ravines The city says settlements are a danger to security Last week a man died after a wooden structure caught fire The blaze is still under investigation and it is not known whether the shelter was made by Seivwright The town said that there is had 253 camp fires last year compared to 2019, an increase of 250% Seivwright called the town’s lawsuit a ‘distraction’ “The problem is not the small shelters The problem is that Toronto’s most vulnerable people fall through the cracks, “he said. The city has made a massive resettlement effort to reduce the population of its shelters, which are mostly places of gathering, moving people to hotels and apartments and permanent housing There are currently nine shelters with COVID-19 outbreaks, with 149 people testing positive for the novel coronavirus, city says A variant of COVID-19 has made its way inside one of the shelters This report from La Canadian Press was first published on February 22, 2021 Liam Casey, The Canadian Press

James Earl Jones will turn 90 on Sunday with his favorite cake and a big wish for the world in the year to come

New York Police will stay away from many mental health crisis calls, and social workers will respond instead in parts of upper Manhattan starting this spring, an official said on Monday. legislators

Chip and Joanna Gaines were among the business owners affected by winter storm Uri The couple’s Magnolia Table restaurant was flooded when a pipe broke during the brutal Texas storm Chip shared a video of the damage, announcing that the couple’s Magnolia Foundation has launched Texas Forever to help others in times of uncertainty

OTTAWA – Canada’s House of Commons voted unanimously on Monday in favor of a Conservative motion declaring genocide atrocities against ethnic Muslim Uyghurs in China’s Xinjiang province Backbench MPs Liberals have responded to the Conservatives’ call to back what was a largely symbolic statement Prime Minister Justin Trudeau and all but one cabinet minister did not take part in the politically charged vote, which took place mainly by video, and in the context of near-frozen relations between Beijing and Ottawa China jailed two Canadian men, Michael Kovrig and Michael Spavor, on what the government and dozens of its allies say are bogus charges in retaliation for the arrest by the RCMP in December 2018 of Huawei executive Meng Wanzhou on a US extradition warrant Foreign Minister Marc Garneau said he was recording a formal abstention on behalf of the government, pulling audible taunts on the video stream Garneau said before and after the vote that Canada takes the genocide allegations against China seriously and wants them investigated explored by a credible and independent international body “We remain deeply troubled by the horrific reports of human rights violations in Xinjiang, including the use of arbitrary detention, political re-education, forced labor, torture and forced sterilization, ”Garneau said in a statement “The free vote in Parliament ensures that every MP can make a decision based on the available evidence … We welcome parliamentarians to work together and debate this crucial issue” Trudeau has ceased to agree with US officials , human rights defenders and jurists who argue that violations constitute genocide, saying it is a loaded word that should be used with caution But he said serious human rights abuses were ongoing in northwest China’s Trudeau Province and US President Joe Biden will discuss China at his virtual meeting on Tuesday Dozens of Liberal MPs backed the motion Conservative, which was passed 266-0 in the 338-seat House of Commons Conservative leader Erin O’Toole took advantage of the no-show to call the “coordinated absence” of Trudeau and his ministers “shameful.” O’Toole said he is not worried about any economic backlash from a Chinese economic superpower that is clearly angry with Meng’s detention and criticism from parliamentarians “Our values ​​are not for sale And Mr Trudeau had to send this message today,” said O’Toole Liberal support came after the Tories called on the party to support the party’s motion earlier in the Day Tory MPs Michael Chong and Garnett Genuis were joined by members of the Uyghur community in a conference call Monday to ask for government support, suggesting unanimity would send a strong signal to China Genuis, spokesperson for international development and human rights, said the Conservatives expected to have the support of opposition parties to pass the motion, “New Democrats recognize China’s mass detention measures, of forced labor, surveillance and population control, such as forced sterilization, against Uyghurs and Turkish Muslims in Xinjiang meet the definition of genocide, ”NPD leader Jagmeet Singh said in a statement ahead of the vote Bloc Québécois leader Yves-François Blanchet and a Green Party spokesperson said they also agreed MPs also voted for a Bloc amendment to broaden the motion to also call the International Olympic Committee to move the 2022 Olympics out of China if the genocide continues Earlier Monday, Chong rejected Chinese government claims that there was no genocide in Xinjiang Chinese Ambassador to Canada Cong Peiwu recently told the Canadian Press that reports of millions of people in detention camps subjected to forced labor, sterilization and other abuses are simply not based on China Chong rejected the denial, saying there were piles of satellite images, videos and contraband documents, accounts of runaway Uyghurs and undercover reports by major US newspapers to document the atrocities. Conservatives were joined by Kalbinur Tursun, a Uyghur who fled China and spoke out publicly against the Communist Party’s treatment of her people in Xinjiang Speaking through a translator provided by the party, she said the world did not believe in the horrors of the Holocaust until the concentration camps were on display for all to see after the Second World War “The Jews of yesterday are the Uyghurs of today,” Tursun said Two weeks ago, Tursun said Chinese police contacted her with “threatening text messages and phone calls reminding me to stop speak”She said she was speaking publicly in an appeal to save the lives of her loved ones at home” What we see before our eyes is not complicated We see the existence of modern concentration camps, “said Genuis said “When you think of slaves being forced to collect cotton, you might first think of footage from Antebellum South But this description also describes what is happening in Xinjiang” This report from The Canadian Press was published for first time on February 22, 2021 Mike Blanchfield, The Canadian Press

Illinois Democratic Government JB Pritzker enacted a sweeping police and criminal justice overhaul on Monday that eliminates the cash bail system, requires police departments to equip police officers with body cameras, and strictly defines the rules for the use of force for law enforcement

Lawmakers and rights officials in Guatemala on Monday called for an investigation into 30,000 fake COVID19 tests purchased by public health officials

Philanthropist Calvin Tyler Jr, and his wife, Tina, pledged $ 20 million on Monday to his alma mater Morgan State University, which the university says is the biggest gift to an HBCU ever made by one of his former students

NEW YORK, Feb February 22, 2021 (GLOBE NEWSWIRE) – Bragar Eagel & Squire, PC, a nationally recognized shareholder rights law firm, has opened an investigation into whether members of the board of Enable Midstream Partners, LP (NYSE: ENBL) breached their fiduciary duties or violated federal securities laws in connection with the acquisition of the company by Energy Transfer LP (NYSE: ET) Click here to find out more and participate in the share On February 17, 2021, Enable announced that it had signed an agreement to be acquired by Energy Transfer in an all-equity merger valued at approximately $ 7.2 billion.Pursuant to the merger agreement, the shareholders of Enable will receive 08,595 Energy Transfer common shares for each Enable common share held In addition, holders of Enable Series A preferred shares will receive 00265 Energy Transfer Series G preferred shares Deal expected in mid-2021 Bragar Eagel & Squire is concerned that Enable’s board oversaw an unfair process and ultimately agreed to an inadequate merger deal As a result, the company is reviewing all aspects relevant to the transaction and is committed to obtaining the best possible result for the shareholders of Enable If you own Enable shares and are concerned about the proposed merger, or would like to learn more about the investigation or your legal rights and remedies, please contact Melissa Fortunato or Alexandra Raymond by email at investigations @ bespccom or phone at (646) 860-9157, or by filling out this contact form There is no cost or obligation for you About Bragar Eagel & Squire, PC: Bragar Eagel & Squire, PC is a law firm nationally recognized with offices in New York and California The firm represents individual and institutional investors in commercial, securities, derivatives and other complex litigation in state and federal courts nationwide For more information about the company, please visit wwwbespccom Lawyer Advertising Past results do not guarantee similar results Contact details: Bragar Eagel & Squire, PCMelissa Fortunato, EsqAlexandra Raymond, Esqenquêtes @ bespccomwwwbespccom

Occidental Petroleum Corp, Diamondback Energy Inc and a host of Poland-focused little U’s Shale producers said Monday their first-quarter oil production would be hit by a recent winter storm that cut power at million people in Texas While natural gas producers have profited from cold-weather well shutdowns, shale oil drillers are the losers in the trade as frozen pipes and power outages are expected to slow the resumption of production Shale oil producers in the southern United States could take at least two weeks to restart production of the more than 2 million barrels per day (b / d) of crude stopping and some of that production may fail. never come back, analysts say

PHOENIX, Feb February 22, 2021 (GLOBE NEWSWIRE) – TILT Holdings Inc (“TILT” or the “Company”) (CSE: TILT) (OTCQX: TLLTF), a provider of business solutions to the global cannabis industry that understands the technologies of inhalation, cultivation, manufacturing, processing, branding and retailing, announced its assignment through its subsidiary, SH Finance Company, LLC, of ​​the loan and guarantee agreement with Ermont, Inc. (the ” Ermont Note ”) to Teneo Funds SPVi LLC, in a transaction with an arm’s length third party, in exchange for $ 1,250,000 in cash and a portion of future collections pursuant to the Ermont Note The Assignment Agreement contains standard representations, warranties and indemnifications between the parties “We believe that the award of the Ermont Note is a substantial step in helping to resolve some concerns that the Massachusetts Cannabis Control Board may have regarding TILT’s control of ‘entity és other than wholly-owned subsidiaries of TILT, “said Gary Santo, President of TILT” We look forward to proceeding with all haste to obtain final state licenses for our Massachusetts subsidiary, Commonwealth Alternative Care, Inc, enabling medical dispensary operations at our Brockton and Cambridge sites as well as adult use in Brockton and Taunton ”About TILTTILT helps cannabis companies build brands Through a portfolio of companies providing technology, equipment, cultivation and production, TILT service brands and cannabis retailers in 35 states of the US, as well as Canada, Israel, Mexico, South America and the European Union The main activities of TILT include Jupiter Research, LLC, a wholly owned subsidiary and leader in the vaporizer segment focused on the design, research, development and manufacture of equipment; and Commonwealth Alternative Care, Inc. cannabis operations in Massachusetts and Standard Farms, LLC in Pennsylvania TILT is headquartered in Phoenix, Arizona For more information visit wwwtiltholdingscom Forward-looking information This press release contains forward-looking information based on expectations Current Forward-looking information is provided for the purpose of presenting information about management’s current expectations and plans for the future and readers are cautioned that such statements may not be appropriate for other purposes. Forward-looking information may include, but is not limited to, CAC’s ability to successfully manufacture and distribute products in Massachusetts, the success of TILT’s branding strategy, expected growth in global medical cannabis markets, opinions or management beliefs, outlook, opportunities, priorities, targets, goals, ongoing objectives, milestones, strategies and prospects of TILT, and includes statements on, among others, future developments, future operations, strengths and TILT’s strategy As a general rule, forward-looking information can be identified by the use of forward-looking terms such as “plans”, “expects” or “does not expect”, “is expected”, “budget” , “Planned”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of these words and expressions or indicate that certain actions, events or results “could”, “pourr have ”,“ would ”,“ could ”or“ will be taken ”,“ will occur ”or“ will be achieved ”These statements should not be read as guarantees of future performance or results These statements are based on certain factors, assumptions and important analyzes that have been applied in drawing a conclusion or making a forecast or projection, including TILT’s experience and perceptions of historical trends, TILT’s ability to maximize shareholder value, current conditions and expected future developments , as well as other factors considered reasonable in the circumstances Although these statements are based on the reasonable assumptions of management at the date of these statements, there can be no assurance that they will be completed under the conditions described above and that these forward-looking information will prove to be accurate, both as actual and future results events could differ materially from those anticipated in such forward-looking information Accordingly, readers should not place undue reliance on forward-looking information TILT assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances, unless required by applicable law By their nature, forward-looking information is subject to risks and uncertainties, and there are a variety of important factors, many of which are beyond the control of TILT, and which may cause actual results to differ materially from those. discussed in the forward-looking document forward-looking statements For more information on forward-looking statements and their related risks, please refer to the “Risk factors and uncertainties” section in the Company’s MD&A for the quarter ended September 30, 2020, available on SEDAR of the society profile on wwwsedarcom The CSE has neither approved nor disapproved the contents of this press release Investor Relations Contact: Taylor Allisoninvestors @ tiltholdingscom Media Contact: Ellen MellodyEllen @ mattiocom570-209-2947

Investors can contact the law firm toll-free to learn more about recovering their losses Los Angeles, CA – (Newsfile Corp – February 22, 2021) – Law firm Portnoy advises Ebix, Inc (NASDAQ : EBIX) (“Ebix” or the “Company”) that the company has opened an investigation into possible securities fraud and may bring a class action lawsuit on behalf of investors. Investors are encouraged to contact lawyer Lesley F Portnoy, by phone 310-692-8883 or by email: lesley @ portnoylawcom,

Finance

World News – CA – Kuwait requests permission to use wealth fund to finance deficit

Source: https://ca.finance.yahoo.com/news/kuwait-said-plan-drawdown-sovereign-111512936.html