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Headlines of the week: 13–19 March 2023

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UBS swallows Credit Suisse, casting shadow over Switzerland — reuters — 19 March 2023 (LINK)

— UBS will pay $3.2 billion for 167-year-old Credit Suisse and assume at least $5.4 billion in losses from unwinding its portfolio of derivatives and other risky assets. Credit Suisse had a market value of about $8 billion at the close on Friday. Holders of Credit Suisse's Additional Tier 1 bonds will get wiped out and in a controversial move will come secondary to equity holders who will receive at least some UBS shares.During the great financial crash of 2008-9, it was UBS and not Credit Suisse that needed state support.

Club de Madrid, the world's largest forum of democratic former Presidents and Prime Ministers with 100+ members in 70 countries, Reiterates Call to End War in Ukraine — thegenevaobserver — 19 March 2023 (LINK)

Mikaela Shiffrin wins World Cup Finals giant slalom to round out 2022-2023 season and set more new records — olympics.com — 19 March 2023 (LINK)

A Brief History of Time is 'wrong', Stephen Hawking told collaborator — The Guardian — 19 March 2023 (LINK)

— Thomas Hertog worked with cosmologist on a new book after he shared his doubts

Gary Lineker pulls out of FA Cup coverage after losing his voice — ground.news: 29 sources — 19 March 2023 (LINK)

Fulham receive THREE red cards within 40 seconds after mad scenes against Man United in FA Cup tie — sportbible — 19 March 2023 (LINK)

BBC asks staff to delete TikTok from mobile phones over privacy and security concerns — ground.news: 34 sources — 19 March 2023 (LINK)


UN commission calls for closing the gender digital divide and urges zero tolerance for gender-based violence and harassment online. — ground.news: 21 sources — 18 March 2023 (LINK)

ChatGPt's successor GPT-4 lists twenty jobs it can 'potentially replace' — ground.news: 10 sources — 19 March 2023 (LINK)

— in the order of how easy it will be for ChatGPT to replace, are:

  1. data entry clerk
  2. customer service representative
  3. proofreader
  4. paralegal
  5. bookkeeper
  6. translator
  7. copywriter
  8. market research analyst
  9. social media manager
  10. appointment scheduler
  11. telemarketer
  12. virtual assistant
  13. transcriptionist
  14. news reporter
  15. travel agent
  16. tutor
  17. technical support analyst
  18. email marketer
  19. content moderator
  20. recruiter

A recent World Economic Forum report said that 85 million jobs would be dispaced by 2025 as a direct consequence of the tug-of-war between humans and machines.


Texas Pol Reveals He Went on Secret Middle East Mission to Torpedo Carter's Re-Election — thedailybeast — 18 March 2023 (LINK)

Prince Andrew's Wildly Lavish Lifestyle: Expensive Watches And Luxury Vacations — source — 18 March 2023 (LINK)


UN aviation council votes to hear MH17 case against Russia — theglobeandmail — 17 March 2023 (LINK)

Did Greta Thunberg Delete Tweet Claiming Climate Change Will Wipe Out Humanity by 2023? No — snopes — 17 March 2023 (LINK)

What happened to The Ocean Cleanup — the system that would rid the oceans of plastic? — source — 16 March 2023 (LINK)

Fox News reporters parroted false claims tying Silicon Valley Bank's failure to Black Lives Matter — mediamatters — 17 March 2023 (LINK)

— The charge itself that SVB contributed over $70 million to Black Lives Matter or closely aligned organizations is based on a supposed "BLM-funding database" maintained by the Claremont Institute, a right-wing and openly anti-democracy organization that is also closely tied to disgraced former law professor John Eastman, who was closely involved in former President Donald Trump's efforts to overturn the 2020 election results. The Associated Press confirmed that the database does not show any spending to Black Lives Matter, and obtained a comment in which Claremont explained it was including "reparative initiatives," which it called "race-based, discriminatory hiring programs; race-based, sub-prime lending; partisan voter initiatives; and DEI efforts." The AP also obtained a comment from the Black Lives Matter Global Network Foundation, which confirmed it did not receive $70 million from the bank, and added: "Even if we did, the idea that this type of contribution would be controversial is rooted in a pathology that Black organizations don't deserve to be funded."


Death toll over 100 as Cyclone Freddy returns to Mozambique and Malawi — ground.news: 141 sources — 14 March 2023 (LINK)

Credit Suisse Chairman Waives $1.6 Million Award, Takes Pay Cut — bloomberg — 14 March 2023 (LINK)

Credit Suisse shares sink 5% as 'material weaknesses' found in financial reporting — cnbc — 14 March 2023 (LINK)

Credit Suisse publishes delayed annual report in which it admits to financial control weaknesses — ground.news: 23 sources — 14 March 2023 (LINK)

Meta to wind down NFTs on platforms after less than a year amid crypto bust — moneycontrol.com — 14 March 2023 (LINK)

Philippine police officer jailed for killing teens in 'drug war' — ground.news: 8 sources — 14 March 2023 (LINK)


Russia extends Black Sea grain agreement by 60 days — ground.news: 69 sources — 13 March 2023 (LINK)

Earth is hotter than it has been in 125,000 years, but deadly heatwaves, storms and floods amplified by global warming could be but a foretaste as planet-heating fossil fuels put a "liveable" future at risk — phys.org — 13 March 2023 (LINK)

Leukaemia drug shows promise at treating breast cancer once it spreads — newscientist — 13 March 2023 (LINK)

Iran says 22,000 arrested in protests pardoned by top leader — ground.news: 58 sources — 13 March 2023 (LINK)

China's military must become 'Great Wall of Steel', President Xi Jinping says — ground.news: 29 sources — 13 March 2023 (LINK)

China's Xi plans Russia visit as soon as next week — ground.news: 26 sources — 13 March 2023 (LINK)

North Korea tests submarine–launched missile, Seoul confirms — ground.news: 199 sources — 13 March 2023 (LINK)

UK junior doctors launch three-day strike — ground.news: 15 sources — 13 March 2023 (LINK)

HSBC pays £1 to rescue UK arm of Silicon Valley Bank after all-night talks — ground.news: 95 sources — 13 March 2023 (LINK)

10 more people charged in $250M US federal food program fraud — ground.news: 47 sources — 13 March 2023 (LINK)

Bolsonaro to hand over undeclared jewels given by Saudis — ground.news: 32 sources — 13 March 2023 (LINK)

Trump suggests Pence to blame for Jan. 6 violence after former VP's criticism — ground.news: 13 sources — 14 March 2023 (LINK)

Rolex Is Boosting Production: Is the End of Waitlists in Sight? — gearpatrol — 13 March 2023 (LINK)

Foreign Policy: Don't Trust Russia's Numbers — foreignpolicy.com — 13 March 2023 (LINK)

Silicon Valley Bank Clients Can Fully Access Funds After FDIC Creates New Bridge Bank — coindesk — 13 March 2023 (LINK)

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