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Peter Atitebi

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News

Japan’s $15B American Steel Dream Just Got Crushed

President Biden announced Friday his decision to block Nippon Steel's $15 billion acquisition of U.S. Steel, concluding a year of deliberations that intersected with election-year dynamics. The decision followed a Treasury Department security review that reached no consensus and escalated the matter to presidential determination in December. The President emphasized national security concerns, stating that domestic steel production and workers are vital for American strength and security. U.S. Steel, established in 1901, has faced a significant decline from its World War II peak of 340,000 workers to approximately 11,000 today. The company's stock value has remained relatively stagnant since the 1990s, challenged by cheaper Asian steel production. Following Biden's announcement, the company's stock dropped 8% in pre-market trading. U.S. Steel defended the proposed deal, arguing it would strengthen national security through manufacturing investment and help counter Chinese competition. The company […]

Peter Atitebi January 3, 2025

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Politics

EXPOSED: The Real Reason Northern Leaders Are Pushing Back Against Tinubu’s Tax Reforms!

Former Kano State Governor, Senator Ibrahim Shekarau, has clarified that Northern leaders support aspects of President Tinubu's Tax Reform Bills but are advocating for wider public consultation before implementation. Speaking on ARISE NEWS, Shekarau, who chairs the League of Northern Democrats, emphasized that their technical committee has analyzed the four proposed bills and supports several components. "We are not rejecting the entirety of the bill," he stated, explaining that their committee of economic and financial experts has endorsed some proposals while suggesting modifications to others. The group specifically raised concerns about the proposed leadership structure of revenue services. Shekarau explained they recommend separating the Board Chairman and Chief Executive roles to ensure better accountability and transparency. The League has already prepared detailed feedback for key stakeholders, including the President, Vice President, and both chambers of the National Assembly. They have […]

Peter Atitebi January 1, 2025

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Conflict

Shocking Discovery: Man Found Dead in Quiet Irish Town Leads to Murder Probe

Gardaรญ have initiated a murder investigation following the death of 58-year-old John O'Connor in New Ross, County Wexford. The incident occurred at a residence in Cluain Fada on Tuesday, with authorities responding to the scene shortly after 11:00 local time. Emergency services pronounced Mr. O'Connor dead at the location. Following a post-mortem examination conducted Wednesday, investigators confirmed they are treating the death as murder. The postmortem findings remain confidential due to operational considerations. Law enforcement made two arrests on Tuesday in connection with the incident. While one suspect, a man in his 30s, remains in custody, authorities have released the second individual without charges. The Garda Technical Bureau continues its forensic examination of the scene. Investigators are seeking public assistance and have requested that anyone with witness information or camera footage contact the Gardaรญ.

Peter Atitebi January 1, 2025

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News

Moldova Confronts Energy Challenges as Russian Gas Transit Ends

The flow of Russian gas through Ukraine ceased on January 1st following Kyiv's decision not to extend its transit agreement with Gazprom. This development has created significant challenges for Moldova, particularly in its eastern region of Transnistria. Transnistria, a separatist region that separated from Moldova during the Soviet Union's collapse, has historically relied on Russian gas without payment. The region now faces immediate energy concerns, with heating limited to hospitals and essential infrastructure. Local authorities have established heating points and emergency hotlines for firewood assistance. The situation affects Moldova's broader energy security. The Kurchugan power plant in Transnistria, which provides 80% of Moldova's electricity, has switched to coal operations with only 50 days of supplies remaining. While the Moldovan government claims it has secured gas reserves until spring and plans to purchase electricity from Europe, these alternatives come with substantially […]

Peter Atitebi January 1, 2025

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News

Final Moments of South Korea’s Deadliest Aviation Disaster Caught on Black Box

The transport ministry reports that South Korean investigators have recovered data from one of two black boxes retrieved from Sunday's Jeju Air crash. While the cockpit voice recorder data awaits conversion to audio format, a missing connector has hampered access to the flight data recorder. The crash, which resulted in 179 fatalities, stands as South Korea's deadliest aviation accident. Deputy Minister for Civil Aviation Joo Jong-wan confirmed that US National Transportation Safety Board officials have joined the investigation of the Boeing 737-800 incident. The aircraft, operating as flight 7C2216 from Bangkok, crash-landed at Muan International Airport, colliding with a wall beyond the runway before catching fire. Two crew members survived the incident. Investigators are examining multiple potential factors, including the possibility of a bird strike and weather conditions. The passengers included two Thai nationals and predominantly South Korean citizens, with […]

Peter Atitebi January 1, 2025

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Conflict

New Orleans Attack Suspect Identified by Law Enforcement

Law enforcement officials have preliminary identified Shamsud Din Jabbar, 42, as the suspect in a deadly incident on Bourbon Street, according to four senior law enforcement officials familiar with the investigation. The attack occurred around 3:15 a.m. when a pickup truck was driven into crowds celebrating New Year's, authorities reported. New Orleans Police Department Superintendent Anne Kirkpatrick confirmed that ten people lost their lives and at least 35 others sustained injuries. Din Jabbar, who authorities confirmed is deceased, is being investigated by federal officials and local law enforcement. Investigators are exploring whether the suspect used a long-gun rifle to fire into the crowd during the vehicle incident, according to three senior law enforcement officials briefed on the case. Law enforcement teams are currently working to uncover more details about Din Jabbar's background and potential travel history. Representative Steve Scalise, R-La., […]

Peter Atitebi January 1, 2025

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Conflict

10 Dead in New Year’s Day Incident on Bourbon Street

A vehicle incident in New Orleans' French Quarter resulted in multiple casualties during New Year's celebrations early Monday morning. A white pickup truck entered Bourbon Street around 12:30 AM, striking numerous pedestrians in the crowded entertainment district. The incident resulted in 10 fatalities and multiple injuries. Witness Whit Davis reported taking shelter in a bar during the incident. "People started running and getting under tables like it was an active shooter drill," he told the BBC. Witnesses Jim and Nicole Mowrer observed the vehicle breach a street barrier. They sought shelter in an alcove as law enforcement responded to the scene. According to their account, they heard gunfire during the police response. A hotel employee, speaking to CBS News, assisted affected individuals by offering shelter within the hotel premises. The incident concluded when the vehicle stopped following a collision. According […]

Peter Atitebi January 1, 2025

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Politics

BILLIONAIRE CIVIL WAR: Trump Allies Elon Musk and Vivek Ramaswamy Battle MAGA Base Over Immigration!

A debate over skilled worker visas has emerged among supporters of President-elect Donald Trump, highlighting potential divisions within his incoming administration. The controversy began when Vivek Ramaswamy, selected by Trump to reduce government spending, shared his views on the H-1B visa program, which allows U.S. companies to hire skilled foreign workers. In a post on X, Ramaswamy suggested that American cultural priorities have led companies to seek foreign talent, stating that a society that "celebrates the prom queen over the math olympiad champ" may struggle to produce top engineers. This perspective drew support from Elon Musk, Trump's chosen co-director for a proposed Department of Government Efficiency. Musk defended the H-1B program, comparing America to a successful sports team seeking top talent. He suggested the program attracts the "top ~0.1%" of engineering talent. However, their stance faced significant opposition from other […]

Peter Atitebi December 28, 2024

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Travel

HOLIDAY CHAOS: Thousands Stranded as Dense Fog Paralyzes UK’s Biggest Airports!

Severe fog continues to disrupt flights at major UK airports, with Heathrow and Gatwick experiencing numerous delays and cancellations on Saturday, following Friday's disruptions. The National Air Traffic Services (NATS) confirmed that temporary air restrictions remain active in areas experiencing low visibility. While forecasters predict the fog will persist across England and Wales, particularly in southern regions, conditions may improve later. Gatwick Airport issued a statement acknowledging that "temporary air traffic restrictions have been put in place due to fog causing poor visibility," warning that delays could continue throughout the day. Passengers are being advised to verify their flight status. The disruption has extended many travelers' Christmas holidays unexpectedly. James and Madison King's journey from Stockholm to Gatwick illustrates the challenges: their Friday evening flight was forced to refuel in Dublin before returning to Stockholm due to crew flight time […]

Peter Atitebi December 28, 2024

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News

PUTIN BREAKS SILENCE: Shock Apology Over Christmas Day Plane Disaster – But Who’s Really to Blame?

Russian President Vladimir Putin has issued an apology to Azerbaijan's President Ilham Aliyev regarding a commercial airliner crash that claimed 38 lives. However, he did not explicitly acknowledge Russian responsibility for the incident. The Azerbaijan Airlines aircraft, carrying 67 passengers, crashed near Aktau, Kazakhstan, on December 25 after encountering difficulties in Russian airspace. The flight, designated J2-8243, had departed from Baku, Azerbaijan, heading for Grozny, Chechnya, when it was forced to divert across the Caspian Sea. In his first public statement about the Christmas Day incident, Putin described it as a "tragic incident" that occurred while Russian air defense systems were countering Ukrainian drone attacks. According to the Kremlin's statement, Putin noted that Grozny, Mozdok, and Vladikavkaz were under attack from Ukrainian unmanned aerial vehicles at the time. Ukrainian President Volodymyr Zelensky responded by calling Russia to "stop spreading disinformation" […]

Peter Atitebi December 28, 2024

ยฉ 2024 Clarity News Daily

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