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1 Article
Source: DW

Latvia's central bank head Ilmars Rimsevics detained in corruption probe

Today 06:05 GMT

Rimsevics has headed the central bank since 2001 and has been a member of the European Central Bank's governing council since Latvia joined the eurozone in 2014.

Prime Minister Maris Kucinskis issued a statement Sunday confirming: "The Corruption Prevention and Combating Bureau (KNAB) has applied the status of being detained to the Governor of Bank of Latvia.". The head of Latvia's central bank, Ilmars Rimsevics has been detained by the national anti-corruption agency.

1 Article
Source: New York Times

Brazil Looks to Crack Down on Fake News Ahead of Bitter Election

Sunday 20:55 GMT

Worried that Brazilians will soon be flooded with fake news ahead of a critical presidential election, the country is setting out to crack down on organized efforts to intentionally mislead voters.

“It is necessary to consider which of these two principles must be sacrificed in the name of an election that is neutral and not tainted by deceitful news,” said Luiz Fux, a Supreme Court justice who recently assumed the presidency of the Supreme Electoral Tribunal, the highest authority on election laws and regulations. “Sometimes the excessive concern with freedom of expression ends up violating a more important principle — the democratic principle.”

1 Article
Source: Washington Post

Her Olympics over, Maame Biney looks ahead to Beijing 2022

Sunday 14:30 GMT

When she slid into last place in her 1,500-meter heat, then officially out of competition in her first Olympic Games, she smiled.

Now, after falling in the semifinal of the 500-meter Tuesday and the 1,500-meter Saturday, she can have her barbecue and head to Poland, where she’ll compete in the World Junior Championships in a couple weeks. Four years from now, she will almost certainly carry the hopes of the American women’s short-track team, which has one more chance at a medal in PyeongChang, lest it fails to earn one for the second straight Games.

1 Article
Source: Common Domain

Imports Rose Again at U.S. Ports Last Month

Saturday 18:11 GMT

Imports rose steadily at the nation’s seaports in January, as U.S. retailers and manufacturers restocked after the holidays and Chinese suppliers stepped up shipments ahead of an annual two-week factory shutdown during the Lunar New Year.

Post-holiday inbound volumes remained steady as importers rushed in orders ahead of Asia’s Lunar New Year break

1 Article
Source: Common Domain

Firmer gold futures head for weekly gain

Saturday 12:40 GMT

Gold futures grasped at a narrow advance Friday and headed for a weekly gain of about 3% even as the bruised dollar index tipped higher and rebounding, if still turbulent, stocks headed for their best week in more than a year.

March copper HGH8, +0.29% rose 0.4% to $3.2575 a pound, April platinum PLJ8, +0.89% added 1% to $1,010.60 an ounce and March palladium PAH8, +2.09% gained 2.1% to $1,027.65 an ounce.

1 Article
Source: Common Domain

Dollar perks up, but heads for biggest weekly loss since June

Saturday 15:26 GMT

The U.S. dollar edged higher against its major rivals on Friday but remained on track for its worst weekly performance since June 2017.

However, the popular dollar gauge is on track to drop 1.8% and clock its worst weekly performance since late June last year, according to FactSet data. The WSJ U.S. Dollar Index BUXX, +0.21% which tracks the buck against 16 main currencies, was up 0.2% at 82.87.

1 Article
Source: The Guradian

'I put my head on her knee and cried': what my 102-year-old friend taught me about grief

Sunday 06:05 GMT

“I had a friend; we found when life gave us knocks or when disappointment hit us, she restored and sustained herself by learning something new, and I by making something new. Worth a try?”

I sat on her faded carpet for the first time and heard about life as a live-in servant at the age of 14 (there was little hope of anything better after her dad died when Edna was four).

1 Article
Source: Washington Post

In what is probably his final Olympic run, John Daly comes in 16th yet satisfied

Saturday 04:16 GMT

The night before what will probably be the final runs of his Olympic skeleton career placed him 16th in the men’s skeleton final Friday, American racer John Daly posted a message on Twitter about the run he once thought would be his last.

“What I will remember are the memories made, the friendships I’ll cherish,” Daly wrote in his post, “and the fact that I held my head high, put on my helmet one more time, and tried.”

“Four hostile newspapers are more to be feared than a thousand bayonets...” ― Napoléon Bonaparte