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News from November 15, 2025

165 articles found

Garuda Indonesia Pressed for Big Transformation Following Rp23.67tn Injection
Technology

Garuda Indonesia Pressed for Big Transformation Following Rp23.67tn Injection

TEMPO.CO, Jakarta - Indonesia’s sovereign investment authority Danantara is urging Garuda Indonesia to carry out a comprehensive overhaul following a capital injection of Rp23.67 trillion.Danantara Indonesia Managing Director Febriany Eddy said the airline must prioritize improvements in service quality, business strategy, fleet safety, and supporting technology.“Developing a complete transformation plan for Garuda Indonesia will take time,” she said during a briefing at her office on Friday, November 14, 2025.Febriany emphasized that the first area requiring attention is the passenger experience, both on the ground and in the air. She said Garuda’s service must meet the highest standards within its class.“Employees who interact directly with passengers must be fully committed to providing top-tier service. In-flight entertainment also needs upgrades, including Wi-Fi connectivity, refreshed content, and improved meal presentation,” she said.“These changes cannot be completed overnight, but they are essential to rebuilding the airline,” Febriany added.She also highlighted the need to strengthen Garuda’s business model by optimizing route selection, expanding its cargo operations, and increasing revenue through airline alliances.Improved fleet safety and on-time performance are additional priorities.“Technology is another major issue. Much of it is outdated. There are many applications but no integration,” Febriany noted.As part of the transformation, Danantara aims for Garuda Indonesia to return all grounded aircraft to operation. Several planes have remained parked in hangars due to insufficient funds for maintenance and operational needs in recent years.Editor’s Choice: Danantara Aims for Garuda Indonesia's Full Fleet Operation by 2026Click here to get the latest news updates from Tempo on Google News

M. Faiz Zaki
Man executed by firing squad in South Carolina for deaths of 3 people in 2004
Politics

Man executed by firing squad in South Carolina for deaths of 3 people in 2004

COLUMBIA, S.C. — A South Carolina firing squad has executed a man Friday, the third person to die by that method in the state this year. Three prison employees, all with live ammunition, volunteered to carry out the execution of Stephen Bryant, 44, who was pronounced dead at 6:05 p.m. Bryant killed three people in five days in a rural area of the state in 2004. Bryant chose to die by firing squad instead of lethal injection or the electric chair. He made no final statement and briefly glanced toward the 10 witnesses before the hood was placed on his head. The shots rang out about 55 seconds later. Bryant made no noise. The red bullseye target that marks the location of his heart flew forward off his chest. He had a few shallow breaths and then a final spasm a little over a minute later. A doctor checked him with a stethoscope for a minute before he pronounced Bryant dead. A media witness said after the execution that a pool of wetness emerged on Bryant’s chest where he was shot. Three family members of victims who served as witnesses held hands during the execution. Bryant is the seventh person put to death by South Carolina in 14 months after the state had a 13-year pause in executions when it couldn’t obtain lethal injection drugs. Republican Gov. Henry McMaster denied clemency for Bryant, according to his office. No South Carolina governor has offered clemency since the death penalty resumed in the U.S. in 1976. Final meal and memory For his final meal, Bryant had spicy mixed seafood stir-fry, fried fish over rice, egg rolls, stuffed shrimp, two candy bars and German chocolate cake. Bo King, a lawyer who works on death penalty cases in South Carolina, said Bryant had a genetic disorder, was a victim of sexual and physical abuse by relatives, and his mother’s binge drinking “permanently damaged his body and brain.” “Mr. Bryant’s impairments left him unable to endure the tormenting memories of his childhood,” King wrote in a statement. King said Bryant “showed grace and courage in forgiving his family and great love for those in and outside of his prison.” “We will remember his unlikely friendships, his fierce protectiveness, and his love for nature, the water, and the world,” King wrote. Firing squad vs. lethal injection drugs The firing squad has a long and violent history around the world. Death by a hail of bullets has been used to punish mutinies and desertion in armies, as frontier justice in America’s Old West and as a tool of terror and political repression in the former Soviet Union and Nazi Germany. But in recent years, it’s been revived in the U.S. Some lawmakers say it’s the quickest and most humane way to execute a person. That’s since a number of botched executions by other methods, including lethal injection drugs. South Carolina and other states have struggled to maintain adequate supplies of lethal injection drugs. In part because of this, South Carolina paused executions for 13 years. The state then restarted in September 2024, after which four men have been executed by lethal injection and three by firing squad. The state is among several where the electric chair is still legal. King, the lawyer speaking on Bryant’s behalf, said each of the seven executions have been “brutal and shameful.” “None has made South Carolina safer or more just,” King said. The three other recent firing squad executions in the U.S. have been in Utah with none in that state since 2010. The method is also still legal in Idaho and a backup method if others aren’t available in Oklahoma and Mississippi. The 2004 killings in rural South Carolina Bryant admitted to killing Willard “TJ” Tietjen in October 2004 after stopping by his secluded home in rural Sumter County and saying he had car trouble. Tietjen was shot several times. Bryant then answered Tietjen’s phone after it rang several times telling both his wife and daughter that he was the prowler and had killed them, prosecutors said. Bryant also killed two men — one before and one after Tietjen. He gave the men rides and when they got out to urinate on the side of the road, he shot them in the back, authorities said. During the search, officers stopped nearly everyone driving on dirt roads in the area just east of Columbia, and told people to be leery of anyone they did not know asking for help. Bryant is the 43rd man killed by court-ordered execution so far this year in the U.S. At least 14 others are scheduled to be put to death during the remainder of 2025 and next year. Bryant is also the 50th person executed in South Carolina since the state restarted the death penalty 40 years ago. What happens during a firing squad execution The curtain opens in the death chamber of the prison with fewer than a dozen witnesses sitting behind bulletproof glass. The person is strapped into a chair. A white square with a red bull’s-eye target is placed over his heart by a doctor. Their lawyer can read a final statement. A prison employee then places a hood over the person’s head, walks across the small room and pulls open a black shade where the firing squad waits. Without an audible or visual warning to witnesses, the shooters then fire high-powered rifles from 15 feet away. A doctor will then come out within a minute or two, examine him and declare him dead. Lawyers for the last man executed by a firing squad said the shooters nearly missed the heart of Mikal Mahdi. They suggested by barely hitting the bottom of the heart that Mahdi was in agonizing pain for three or four times longer than experts say he would have been if his heart had been hit directly.

The Associated Press
Purdue Pharma's deal means money for some victims, end of Purdue company name. Here's what to know
Business

Purdue Pharma's deal means money for some victims, end of Purdue company name. Here's what to know

A judge said Friday that he planned to approve a deal for OxyContin maker Purdue Pharma and members of the Sackler family who own the company to settle thousands of lawsuits over the toll of opioids, allowing money to start flowing to victims as soon as next spring. U.S. Bankruptcy Court Judge Sean Lane said he would spell out his reasoning in a hearing next week. Here's what to know. The Sackler family members will pay billions and can't put their names on any more museums Members of the Sackler family have been cast as villains in an overdose epidemic that has been linked to 900,000 deaths in the U.S. since 1999, including from heroin and illicit fentanyl. While most opioids were sold by other companies, many people have described the marketing of OxyContin, which was sold starting in 1996, as part of what touched off the crisis. With legal troubles mounting, family members left the company's board of directors in 2018 and have not received any payouts from it since then. But in the decade prior to that, they received more than $10 billion from the company that has been in the family for decades. About half that money went to pay taxes. Under the deal, they'll contribute up to $7 billion and cease to own the company. They'll also be barred from being in the opioid business in other countries and agree not to have their names put on any institutions as part of charitable contributions. Many museums and universities have already cut ties with the family. Purdue will cease to exist in its current form The plan also calls for changing Stamford, Connecticut-based Purdue's name to Knoa Pharma and making it an entity dedicated to the public good with a board appointed by state officials. It could still produce OxyContin, but the vision is that the company's profits will address the nation's opioid crisis. It also would be subject to independent monitoring, as Purdue has been for the past several years. The company agreed to make public millions of internal documents — including many that would normally be subject to attorney-client privilege. It also still faces the formality of sentencing as part of a guilty plea it negotiated with the U.S. Department of Justice in 2020 after admitting it paid doctors through a speakers program to induce them to write more prescriptions and that it had an ineffective program to keep the drugs from being diverted to the black market. Some victims and their survivors are in line for payouts There's been a series of other opioid settlements over the past decade worth about $50 billion in total. Most of that money, like most of the Purdue settlement, is required to be used to deal with the overdose and addiction epidemic. But none of the other major ones have one feature that's in Purdue's: payouts for individual victims and their survivors. Purdue's deal calls for about $850 million to go to victims, with more than $100 million of that dedicated to the care of children who were born suffering from withdrawal. This part of the settlement is expected to be paid next year, while amounts going to government entities can be paid over 15 years. But the individual payouts are a frustration for victims. Those who qualify by showing they were prescribed OxyContin are expected to be able to collect around $8,000 or $16,000 each, depending on how long they took the powerful painkillers. Sackler family members could face more lawsuits A judge approved a previous Purdue settlement plan in 2021, but it was undone by a U.S. Supreme Court ruling that found Sackler family members would have improperly received protections from lawsuits though they themselves hadn't filed for bankruptcy protection. This time, an appeal is less likely, in part because by the time this week's hearing on the plan was complete, no one represented by a lawyer was objecting to it. A handful of individual victims who do not have lawyers involved were the only ones who kept pushing back. In response to last year's Supreme Court ruling, the new settlement allows lawsuits against Sackler family members over opioids to be filed by entities that don't opt into the deal. The city of Baltimore, for one, has indicated it may sue.

Geoff Mulvihill
Man jailed for ‘smash and grab’ theft of Banksy’s Girl with Balloon print  - St. Kitts Gazette – Daily News
World

Man jailed for ‘smash and grab’ theft of Banksy’s Girl with Balloon print  - St. Kitts Gazette – Daily News

A man has been sentenced to 13 months in prison by a British court for stealing a print of street artist Banksy’s iconic Girl with Balloon from a London gallery in September last year. Larry Fraser, 49, was jailed on Friday by a judge in southwest London after he pleaded guilty to the smash-and-grab burglary of the elusive artist’s painting, valued at 270,000 pounds ($355,200). Despite trying to conceal his identity with a mask, Fraser was caught on camera, and police tracked him down two days after the theft. The artwork was recovered shortly afterwards, according to London’s Metropolitan Police. “This is a brazen and serious non-domestic burglary,” said Judge Anne Brown, passing the sentence at Kingston Crown Court. The Girl with Balloon first appeared on the streets of London’s Shoreditch neighbourhood in 2002, with Banksy creating versions of the painting on London’s South Bank in 2004 and in the occupied West Bank in 2005. One version of the painting shredded itself into pieces the moment after it was sold for more than one million British pounds ($1.3m) by London auction house Sotheby’s in 2018. Detective Chief Inspector Scott Mather said: “Banksy’s ‘Girl with Balloon’ is known across the world – and we reacted immediately to not just bring Fraser to justice but also reunite the artwork with the gallery.” The secretive British street artist has returned to Palestine on multiple occasions to create artworks, including a version of the girl with the red balloon. In 2005, he sprayed nine stencilled images at different locations along the illegal, eight-metre-high (26-foot) separation wall that Israel has constructed in the occupied West Bank. They included a ladder reaching over the wall, a young girl being carried over it by balloons and a window on the grey concrete showing beautiful mountains in the background. In 2007, he painted a number of artworks in Bethlehem, including a young girl frisking an Israeli soldier pinned up against a wall. In February 2015, he allegedly sneaked into the Gaza Strip through a smuggling tunnel and painted three works on the walls of Gaza homes destroyed in Israeli air strikes during the previous year’s conflict. In 2017, he opened the Walled Off Hotel in Bethlehem, just four metres from Israel’s separation wall. Earlier this year, authorities attempted to scrub a Banksy painting on a London court wall that depicted a judge hitting a protester and was believed to refer to the country’s crackdown on the Palestine Action protest group. Banksy rose to fame for sharply ironic outdoor graffiti with political themes. Once a small-time graffiti artist from the English city of Bristol, his artwork has become hugely popular worldwide and valuable.

Cb_usr
Jailed Tunisian opposition figure hospitalised amid hunger strike: Family  - St. Kitts Gazette – Daily News
Health

Jailed Tunisian opposition figure hospitalised amid hunger strike: Family  - St. Kitts Gazette – Daily News

Jailed Tunisian opposition figure Jawhar Ben Mbarek has been hospitalised due to severe dehydration, his family has said, as his health continues to deteriorate after more than two weeks on hunger strike. Ben Mbarek, the cofounder of Tunisia’s main opposition alliance, the National Salvation Front, started his hunger strike on October 29 to protest his detention in jail since February 2023. In a Facebook post on Friday, Ben Mbarek’s sister, Dalila Ben Mbarek Msaddek, warned that her brother’s health had now “severely deteriorated” and doctors detected “a highly dangerous toxin” affecting his kidneys. Msaddek said Ben Mbarek had “received treatment but refused nutritional supplements” at the hospital where he was transferred on Thursday night, insisting on continuing his now 17-day protest. The politician was discharged from hospital on Friday afternoon and returned to prison, Msaddek added. On Wednesday, Ben Mbarek’s lawyer Hanen Khmiri said he had “faced torture” at the hands of guards at Belli prison, as they attempted to force him to end his protest. “He was severely beaten, we saw fractures and bruises on his body,” Khmiri said, adding that she had filed a complaint with the public prosecutor, who promised to investigate. “He told me that four of the prison guards beat him severely in a place where there is no surveillance camera,” she said. Ben Mbarek is one of the most prominent opponents of Tunisian strongman President Kais Saied, who has been in power since 2019. In April, he was sentenced to 18 years in prison on charges of “conspiracy against state security” and “belonging to a terrorist group”, in a mass trial of opposition figures slammed by human rights groups as politically motivated. Ben Mbarek has denied the charges, which he has called fabricated. Rights groups have warned of a sharp decline in civil liberties in Tunisia since a sweeping power grab by Saied in July 2021, when he dissolved parliament and expanded executive power so he could rule by decree. That decree was later enshrined in a new constitution, ratified by a widely boycotted 2022 referendum. Media figures and lawyers critical of Saied have also been prosecuted and detained under a harsh “fake news” law enacted the same year. Last week, Ben Mbarek’s family and prominent members of Tunisia’s political opposition announced they would join him in a collective hunger strike. Among the participants was Issam Chebbi, the leader of the centrist Al Joumhouri (Republican) Party, who is also behind bars after being convicted in the same mass trial as Ben Mbarek earlier this year. Rached Ghannouchi, the 84-year-old leader of the Ennahdha party, who is also serving a hefty prison sentence, also said he would join the protest. Chebbi and Ghannouchi’s current condition is not known. Prison authorities have maintained the men are under “continuous medical supervision” and denied “rumours about the deterioration in the health of any detainees”.

Cb_usr
Trump withdraws support for former MAGA champion Marjorie Taylor Greene  - St. Kitts Gazette – Daily News
Politics

Trump withdraws support for former MAGA champion Marjorie Taylor Greene  - St. Kitts Gazette – Daily News

United States President Donald Trump has said he is withdrawing his support for Republican Congresswoman Marjorie Taylor Greene, calling the lawmaker a “lunatic” and accusing her of going “far left”. In a post on his Truth Social platform late on Friday, Trump said, “I am withdrawing my support and endorsement of ‘Congresswoman’ Marjorie Taylor Greene, of the great state of Georgia.” The US leader, labelling Greene “wacky”, said all the lawmaker did was “COMPLAIN, COMPLAIN, COMPLAIN”, despite his “record achievements” in office. Greene, a member of the House of Representatives, has long been a reliable ally and fierce defender of Trump, even sporting a Make America Great Again (MAGA) baseball hat at President Joe Biden’s 2024 State of the Union address. But in recent months, she has taken positions at odds with the White House and her fellow Republicans, including criticising them during the just-ended federal government shutdown, saying the Trump administration needed a plan to help people set to lose health insurance subsidies as part of planned cuts. More notably, Greene has also become a vocal campaigner for transparency and the full release of files related to late convicted sex offender Jeffrey Epstein – a recurrent scandal that continues to engulf President Trump. Greene responded to Trump’s announcement on Friday with screenshots of a text message she sent the president about the Epstein case, claiming it “sent him over the edge”. “It’s astonishing really how hard he’s fighting to stop the Epstein files from coming out that he actually goes to this level,” she wrote on X. “Most Americans wish he would fight this hard to help the forgotten men and women of America who are fed up with foreign wars and foreign causes, are going broke trying to feed their families, and are losing hope of ever achieving the American dream,” she said. Greene also claimed Trump is going after her “hard to make an example to scare all the other Republicans before next week’s vote to release the Epstein files”. On Wednesday, House of Representatives Speaker Mike Johnson said the body will hold a vote next week on whether to force the Department of Justice to disclose all files related to Epstein – who died by suicide in prison in 2019. It came as a result of the bipartisan Epstein Files Transparency Act – a discharge petition allowing a majority of lawmakers to bypass the House leadership and force a vote on the issue – which was signed by Greene and three other House Republicans. If backed, the measure would force the release of flight logs and travel records, individuals named or referenced in connection with the Epstein investigation, and materials related to Epstein’s former girlfriend and convicted sex trafficker Ghislaine Maxwell. Trump has faced growing scrutiny over his alleged ties to the disgraced financier, most recently on Wednesday, when Democrats on the House Oversight Committee released new emails appearing to further link the pair. In one email, Epstein told Maxwell that Trump had “spent hours” at his house with one abuse victim. The White House claimed the communications “prove nothing”. Trump has repeatedly urged his supporters to move on from the scandal, labelling suggestions that there is an Epstein client list with his name on it a “hoax” pushed by his Democratic opponents. In an interview on Friday, Greene labelled Trump’s resistance to releasing the files a “huge miscalculation”, adding that she does not believe he has anything to hide. Trump made no mention of the Epstein issue in his post disowning Greene, claiming the schism between the pair began when he discouraged her from running for senator or governor due to low polling numbers. “She has told many people that she is upset that I don’t return her phone calls any more, but with 219 Congressmen/women, 53 US Senators, 24 Cabinet Members, almost 200 Countries, and an otherwise normal life to lead, I can’t take a ranting Lunatic ‘s call every day,” Trump said. Trump continued that Republicans in Georgia are “fed up with her and her antics” and should they find an alternative to run at the next midterms, that candidate will have his “complete and unyielding support”.

Cb_usr
Australian bowler Josh Hazlewood ruled out for first Ashes Test
Sports

Australian bowler Josh Hazlewood ruled out for first Ashes Test

Australia have suffered another major injury blow ahead of the first Ashes Test, with Josh Hazlewood following captain Pat Cummins in being ruled out. Hazlewood suffered a hamstring injury playing for New South Wales this week but was hastily cleared by Cricket Australia (CA) just hours after the issue first arose. Further assessments have now shown a muscle strain and he has been pulled from the squad for Friday’s series opener at Optus Stadium. That leaves two of Australia’s much-vaunted ‘big three’ quicks on the shelf, with Mitchell Starc the last man standing. Scott Boland was already inked in to deputise for Cummins, who is experiencing back pain, and with reserve seamer Sean Abbott also injured this week the uncapped Brendan Doggett looks set to step up. Veteran Michael Neser has also been added to the squad as cover. A statement from CA said: “Josh Hazlewood underwent repeat imaging today that has confirmed a hamstring strain injury. “Initial scans Wednesday were clear of muscle strain however follow-up imaging today has confirmed the injury. Early imaging can occasionally underestimate low-grade muscle injuries. “As a result, Hazlewood will not travel to Perth and has been ruled out of the first NRMA Insurance Ashes Test Match.”

Rory Dollard
Trump Says He Still Plans to Sue the BBC Despite Apology: ‘I Think I Have to’
Politics

Trump Says He Still Plans to Sue the BBC Despite Apology: ‘I Think I Have to’

Donald Trump wasn’t moved by the BBC’s apology, as he revealed he still plans to sue the broadcaster. According to multiple outlets, the president shared on Air Force One that he intends to sue the BBC as early as next week — and would seek damages somewhere between “$1 billion and $5 billion.” “I think I have to,” Trump said. “They cheated. They changed the words coming out of my mouth.” The president also noted that Sir Keir Starmer, the Prime Minister of the United Kingdom, was “very embarrassed” by the controversy. However, he reportedly shared that he plans to speak with Starmer over the weekend. Trump’s comments come one day after the BBC issued an apology to the president for editing part of his speech Jan. 6, 2021 at the Ellipse in Washington D.C. The apology fulfilled one of Trump’s three demands to prevent a $1 billion lawsuit over a pre-election documentary. The BBC has previously said that the documentary was an “error in judgment” and confirmed that the program in-question — “Trump: A Second Chance?” — would not air on any of its airwaves. A BBC statement also said that while “the BBC sincerely regrets the manner in which the video clip was edited, we strongly disagree there is a basis for a defamation claim.” Per the BBC, Chair Samir Shah also sent a letter to the White House “making clear to President Trump that he and the Corporation are sorry for the edit.” The BBC documentary came under fire last week after an internal memo, leaked to the Telegraph, found the broadcaster “completely misled” viewers with an edited clip that suggested Trump encouraged supporters to riot at the Capitol on Jan. 6, 2021. Rather, Trump had urged his supporters to march “peacefully and patriotically make your voices heard.” Following the memo and the subsequent controversy it sparked, the BBC’s director general, Tim Davie, and its head of BBC News, Deborah Turness, resigned. Trump attorney Alejandro Brito then followed suit with a letter to the BBC, in which they demanded the broadcaster retract the documentary, issue an apology and “appropriately compensate” Trump for allegedly causing “reputational and financial harm.” If the broadcaster did not comply with the demands by 5 p.m. ET on Friday, Trump would sue the outlet for $1 billion. “These are very dishonest people who tried to step on the scales of a Presidential Election,” Trump wrote on Truth Social on Sunday. “On top of everything else, they are from a Foreign Country, one that many consider our Number One Ally. What a terrible thing for Democracy!” Representatives for the BBC did not immediately respond to TheWrap’s request for comment.

Alyssa Ray
Trump says Cambodia, Thailand going to be fine after calls over conflict
World

Trump says Cambodia, Thailand going to be fine after calls over conflict

WASHINGTON: US President Donald Trump said on Friday (Nov 14) he thought Thailand and Cambodia were "going to be fine" after holding phone calls with the leaders of the two nations to help mediate the most recent flare-up in the conflict between them. Thailand this week suspended a US-brokered ceasefire deal and demanded an apology over allegations that Cambodia had laid fresh landmines, which Cambodia denies. Long-running tensions over a disputed border between the two South-East Asian nations erupted into five days of fighting in July, when at least 48 people were killed and an estimated 300,000 temporarily displaced, before Trump and Malaysian Prime Minister Datuk Seri Anwar Ibrahim brokered the ceasefire. "I spoke to the prime ministers of both countries and they’re doing great. I think they’re going to be fine," Trump told reporters on Friday evening. In an interview with British network GB News on Friday, he referred to world conflicts and said: "I think I settled one today", without providing further details. Trump also engaged with Malaysia on Friday, a White House official said. - Reuters

The Star Online
After deciding a water crisis wasn't enough Iran decides to kidnap another oil tanker in the Strait of Hormuz to bring about an eminent rain of bombs [Dumbass]
Politics

After deciding a water crisis wasn't enough Iran decides to kidnap another oil tanker in the Strait of Hormuz to bring about an eminent rain of bombs [Dumbass]

Skip to content Do you have adblock enabled? Try Ads-Free Fark It's Not News, It's Fark How To FarkLog In | Sign Up » Forgot password? Turn on javascript (or enable it for Fark) for a better user experience. If you can read this, either the style sheet didn't load or you have an older browser that doesn't support style sheets. Try clearing your browser cache and refreshing the page. Discussion Entertainment After deciding a water crisis wasn't enough Iran decides to kidnap another oil tanker in the Strait of Hormuz to bring about an eminent rain of bombs (apnews.com) More: Dumbass, United Arab Emirates, Persian Gulf, Gaza Strip, United Kingdom, Strait of Hormuz, Israel, Oil tanker, Iran 98 clicks;posted toMain »on 14 Nov 2025 at 11:35 PM(20 minutes ago) | Favorite | Watch | share: Copy Link 6 Comments Enable JavaScript for Fark in order to vote for entries. Log in (at the top of the page) to enable voting. View Voting Results:SmartestandFunniest (1) Funniest 4 hours ago OK, OK, OK. Remember when it was very briefly but widely reported that the last national election was completely untrustworthy because a friend of Trump's altered zillions of voting machines just before the election, and no one knows what the alteration was or did? And Trump bombed Iran a couple of days later, and the 'journalism' industry never picked up that story again. Now, Epstein disasters! And conveniently Iran is offering provocation. He must be paying them, in some coin or another. Maybe, in the Republican tradition, he's illegally giving them weapons to use against our allies and our troops. (1) Funniest 4 hours ago Meanwhile, off the coast of Venezuela... Circusdog320 (0) Funniest 10 minutes ago I'm sure trumpy will make a few calls and end this war before it even starts! Hey peace prize nerds are you listening?!?! Pants full of macaroni!! (1) Funniest 7 minutes ago Maybe even a pre-eminent rain of bombs! /did you mean imminent? mononymous (0) Funniest 1 minute ago I'm just glad we don't have a war-mongering president that can be baited into a major armed conflict in the middle east. THAT would not end well... Obscene_CNN (0) Funniest less than a minute ago Time to sink the Iranian navy. Displayed 6 of 6 comments Enable JavaScript for Fark in order to vote for entries. Log in (at the top of the page) to enable voting. View Voting Results:SmartestandFunniest Redisplay/refresh comments If you're having problems voting, quoting, or posting comments, try disabling any browser add-ons that might disable Javascript (NoScript, AdBlock, etc).See our FAQ. Forgot password? 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Fresh on the heels of capitulating on the shutdown, Hakeem Jeffries decides to betray labor unions, too Inside the federal government plan to kill owls. Who? The federal government. Who? I said, the fed- wait a minute, you're one of them Antisemitism watchdog Nexus Project brutally criticizes the Anti-Defamation League for its "divisive, hyperbolic" response to Zohran Mamdani's mayoral win Federal bankruptcy court judge will approve OxyContin settlement that requires Sackler family to contribute up to $7 billion, relinquish control of Purdue Pharma, and vacate Bag End Trump administration to alter its housing plan for the homeless, which will increase homelessness Links are submitted by members of the Fark community. When community members submit a link, they also write a custom headline for the story. Other Farkers comment on the links. This is the number of comments. Click here to read them. You need to create an account to submit links or post comments. Click here to submit a link. 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Unknown
Sanjay stuns top seed to reach Open International Niort final in France
World

Sanjay stuns top seed to reach Open International Niort final in France

PETALING JAYA: National squash player Sanjay Jeeva stormed into the Open International Niort Venise Verte final in France after stunning top seed Patrick Rooney of England in the semi-finals on Friday (Nov 14). Third seed Sanjay had to go the distance in a five-set battle but emerged victorious, defeating Rooney 6-11, 13-11, 11-9, 7-11, 11-8 in 74 minutes at the Squash du Marais in Bessines. Hopes for an all-Malaysian final were dashed when national player Addeen Idrakie fell to England’s Ben Smith in the other semi-final. Eighth seed Addeen started strong but was outpaced by seventh seed Smith, who secured a 17-15, 11-6, 11-7 victory.

S. Saktesh
Riding the AI Bubble
Technology

Riding the AI Bubble

For some time now, the hype around artificial intelligence (AI) has driven an explosive increase in the market capitalisation of firms operating in the AI space. Late in October, Nvidia, which provides the advanced chips that power AI deve-lopment, became the world’s first $5 trillion company. That is surprising, since its valuation stood at $4 trillion three months earlier and $400 billion three years earlier, when ChatGPT was first announced. The boom does not end with AI, but pervades firms in the tech space with very different connections to the evolution of AI. Firms like Apple and Microsoft that have bought into AI, through investments in market leader OpenAI or in AI infrastructure like cloud computing and data centres, have found their valuations exploding as well, touching $4 trillion or more, as has Oracle, which provides cloud-computing services. As a result, the sharp rise of the S&P 500 equity index is due to the rise in the prices of the shares of a few AI-linked tech firms. According to a recent estimate quoted by the Financial Times, eight of the 10 dominant stocks in the S&P 500 are tech stocks, accounting for 36% of the entire United States (US) market’s value and almost 80% of the S&P 500’s net income growth in the year to November. There is evidence that a substantial part of the investment driving this boom is also borrowed. The frenzy on the part of financial investors has been fuelled by the decision of firms in the AI space to undertake huge investments in pursuit of the AI dream. Alphabet, Amazon, Google and Meta have together spent an estimated $112 billion on chips and data centres in the quarter ending September 2025 alone. Investment is booming, even though current trends in revenues and net earnings do not justify that exposure. The real investment boom is based on the expectations of the revenue growth that a “revolutionary,” generic technology like AI is expected to deliver in the future. Similar expectations riding on the hype surrounding the technology drive financial investors as well. In the event, investment to revenue ratios and (share) price to earnings ratios are at record levels, underlining the dramatic acceleration in revenue and profit growth that the players involved are betting on. There is, however, much cause for scepticism. The record on the benefits of AI use, even where visible, is still way short of revolutionary. And in some instances, those benefits are yet to be seen. High investments mean that depreciation costs to be covered in the future would be high, necessitating high prices to support the required earnings from sales to users, besides related advertising. But competition from much cheaper and equally effective alternatives like Deepseek could prevent such pricing strategies. And the product range required to deliver higher earnings is yet to unfold. These uncertainties matter because of the fragile base on which the boom in share prices and investments of companies in the extended AI space is built. Based on the promise of a “predicted” glorious future for AI, firms like OpenAI, planning to develop large language models and programmes that put them to practical use, have been contracting with chip makers like Nvidia, and investing in subsidiaries (like Amazon Web Services, Microsoft Azure, and Google Cloud Platform) or buying into services of independent data centres and cloud-computing firms like Oracle. These firms and those investing in and lending to them are predicting rapid growth based on this projected demand, hinging on the AI boom. In the event, the unbridled spending by these firms has been encouraged not just by hugely optimistic estimates of the future of AI, but by the large volumes of still cheap liquidity available in the system because of the easy money policies of central banks and the liberalised financial system, which has seen non-bank financial players, such as private equity/credit firms, mobilising that liquidity and deploying it for profit. It is now becoming clear that a disproportionate share of such funds is being directed to AI and AI-related firms. The volume of capital these AI-related firms are absorbing is so large that they cannot only rely on the large sums being drawn through the sale of equity at inflated values. Rather, they are piling up large debts as well. US companies in the AI space have issued bonds valued in excess of $200 billion this year. An estimate from Goldman Sachs suggests that the sale of bonds to the tune of $180 billion by a few firms like Meta, Alphabet and Oracle has accounted for a quarter of the corporate borrowing this year. As a result, these firms are adding interest costs to the large depreciation costs that would show up in their accounts in the years to come. Sometimes, this form of financing is associated with deep entanglement with vendors. Thus, Nvidia, which is cash-rich, following the expansion of sales and boom in its share values after the launch of ChatGPT, invested $100 billion in OpenAI, which in turn has promised to buy $100 billion of Nvidia chips for its ChatGPT development. A significant part of that spending is therefore effectively financed by Nvidia’s investment. Meanwhile, market assessments are that Nvidia chose to invest in OpenAI to prevent it from relying excessively on rival suppliers of chips like Broadcom. Thus, the euphoric rise in substantially leveraged investments rides on the expected performance of a few entangled firms in a single tech space. This concentrated exposure of financial firms and investors based on the mere expectations of dazzling future earnings has raised concerns that, once again, the US is the centre of a bubble that could unravel, as occurred in 2008. Yet the government and regulators are not stepping in to temper, if not end, the euphoria because the investments that the boom is giving rise to and the luxury consumption that the beneficiaries of the financial boom are indulging in are partly responsible for much of the growth the US economy records. But there are signs that the investors are getting nervous. Over the first week of November, there were strong signs that the boom may be unwinding. Firms riding on the AI boom lost market value of around $1 trillion over just that week. Eight of the most valuable AI-related tech firms, such as Nvidia, Meta and Oracle, lost as much as $800 billion in market value. Even Nvidia, which had quite recently broken the $5 trillion valuation record, lost around $350 billion. If the trend continues, the US and the world could be looking at another financial crisis, which would have external effects on the real economy that could be as damaging as in 2008 and after. In fact, if this is the beginning of the next financial collapse, things look worse than they did in 2008. The Federal Reserve’s balance sheet is so bloated that it would be hard-pressed to inject as much cheap liquidity into the system to save financial and non-financial firms as it did last time. And the elasticity of the spending power of the US Treasury is also likely to be limited by the political stand-off and divide that has led to the prolonged shutdown of the US government. With the capacity to bail out firms and the economy thus restricted, stalling the downturn would be difficult. But then, those governing capitalism never learn enough from history to prevent these periodic collapses. This time, that error could precipitate a crisis that is as bad as it was in the 1930s.

C P Chandrasekh
Global Growth
World

Global Growth

The World Economic Outlook, October 2025, published by the International Monetary Fund (IMF), provides interesting insights into the trends in the growth of the global economy. On the positive side, the report expects that the slowdown in the global economy, after the import tariff hikes in the United States (US), will be rather modest and may not be as significant as anticipated. Hence, they forecast that global growth will only slowly decelerate from 3.3% in 2024 to 3.2% in 2025 and further to 3.1% in 2026. This will mean five consecutive years of slower growth after the global economy bounced back to a peak of 6.6% in 2021, immediately after the pandemic. A simple calculation shows that long-term global growth will hence decelerate to 3.1% in the 10 years between 2017 and 2026, a bit slower than the 3.4% growth clocked in the previous 10 years between 2007 and 2016. This is understandable given the sharp deceleration or decline in growth across the major economies during the pandemic and the increasing hurdles to the growth of global trade across the nations. But it is just not the slowdown which is worrying. What makes this deceleration in growth more alarming is that it is the emerging market and developing economies (EMDEs) that have been worst hit. This is in sharp contrast to the growth in the advanced economies, where it has even accelerated. In fact, the gap between annual average growth rates in EMDEs and advanced economies will almost halve to around 2% in the current decade. Such opposing trends in the advanced economies and EMDEs imply that any chances of the EMDEs ever catching up with advanced economies will further recede now. This is rather alarming as the growth prospects of EMDEs are fraying as new trade barriers and geopolitical uncertainties weigh down on the prospects of international trade. Decadal figures show that average annual growth in the advanced economies will pick up by almost half, with the numbers accelerating from 1.3% in the 2007–16 period to 1.9% in the 2017–26 period. Among advanced economies, the largest gains are by the European Union (EU) and the US. While annual average growth in the EU will almost double from 0.9% during 2007–16 to 1.6% in 2017–26, that of the US will move up from 1.5% to 2.3%. Growth will, however, be lackadaisical in Japan, with the numbers stagnating at 0.4% across the decades. But unlike in the advanced economies, which register a marginal acceleration, the overall growth in the EMDEs is expected to slow down from 5.3% in 2007–16 to 4% in 2017–26. The slowdown is the worst in emerging and developing Asia, with growth sharply decelerating from 7.6% to 5.2%, that is, by around 2.4 percentage points. In emerging Asia, China is to register one of the sharpest falls, with the annual average growth rate dipping from 9% in 2007–16 to 5.3% in 2017–26, that is, by 3.7 percentage points. The decadal dip is milder in India’s case, with the numbers only going down from 6.8% to 5.7%, a decline of 1.1 percentage points. Growth is expected to pick up from 6.5% in 2024 to 6.6% in 2025 and then dip to 6.2% in 2026, the slowest since the pandemic. The deceleration of growth in EMDEs in Latin America, the Middle East and Central Asia and in sub-Saharan Africa will be more benign. Among EMDEs, only emerging and developing Europe will be able to marginally sustain the growth momentum. A positive impact of the global slowdown is the sharp d-eceleration in consumer prices. While consumer prices in advanced economies are forecast to slow down from 2.6% in 2024 to 2.5% in 2025 and further to 2.2% in 2026 (that is, by 0.4 percentage points), those in the EMDEs will decline from 5.3% to 4.7% to 3.9% (by 1.4 percentage points). A surprising forecast made in the report is that consumer prices in the US will also mirror the global trends, with the numbers decelerating from 3% in 2024 to 2.7% in 2025 and further to 2.4% in 2026. This is rather surprising as it indicates that the tariff hikes on imports into the country will have almost no impact on consumer prices. However, growth is also forecast to slow down from 2.1% in 2024 to 1.8% each in 2025 and 2026. Prices in the EU will also decelerate from 2.6% to 2.4% to 2.2% over the period. Among EMDEs, consumer prices in emerging Asia will de-celerate from 1.9% in 2024 to 1.3% in 2025 and then pick up to 2.1% in 2026. Though consumer prices will continue to decelerate in Latin America and the Caribbean, emerging and developing Europe, the Middle East and Central Asia, and sub-Saharan Africa, they are still forecast to remain high in the 5% to 10% range in 2026. Another positive aspect highlighted in the IMF report is the marginal increase in the volume of global trade in goods and services, despite the growing restrictions on imports and migration. The growth of global trade volumes is expected to pick up marginally from 3.5% in 2024 to 3.6% in 2025 and then decelerate to 2.3% in 2026. Similarly, the global trade prices will also marginally pick up during these years. However, while the volume of exports of goods and services from advanced economies will pick up from 1.8% in 2024 to 2.1% in 2025, that from EMDEs will slow down from 6.5% to 5.9% during this period. To add to the woes, exports of goods and services will slow down in both jurisdictions in 2026.

Unknown
Saturday’s briefing: Frustration for Northern Ireland as Germany face shootout
Sports

Saturday’s briefing: Frustration for Northern Ireland as Germany face shootout

Northern Ireland suffered frustration in Slovakia but will still fight for a place in the World Cup via the play-offs. Germany are not yet guaranteed to there but Croatia can make plans and the Netherlands are set to join them. England have suffered an injury blow while manager Thomas Tuchel has been talking about singing the national anthem again. Mixed night for Northern Irish Northern Ireland will play in the World Cup qualification play-offs despite slipping to a late 1-0 defeat in Kosice. Michael O’Neill’s side were stung by a goal from substitute David Bobcek in the first minute of stoppage time. The result ended Northern Irish hopes of a top-two spot in Group A and frustration was compounded by the even later sending off of Dan Ballard. However, results elsewhere meant they would take one of the play-off places reserved for winners of Nations League groups. Germany and Slovakia face winner-takes-all tussle Slovakia’s victory meant they finished level on points with group leaders Germany, who beat a resilient Luxembourg 2-0 with double from Newcastle’s Nick Woltemade. The two sides now meet in Leipzig on Monday with the winner qualifying automatically for next summer’s tournament. Both teams are at least assured of a play-off place. Croatia will definitely be heading to North America after beating the Faroe Islands 3-1 while the Netherlands, barring an unlikely set of results next week, will be joining them after holding rivals Poland 1-1. Tuchel will consider singing God Save The King England manager Thomas Tuchel has teased he will consider signing God Save The King at the World Cup. The German previously said he needed to “earn the right” to sing the national anthem. Asked for an update on the situation after Thursday’s 2-0 win over Serbia, the German said: “You think it is already there? I will think about it.” Quizzed on whether he might sing God Save the King at the World Cup, he said: “Yeah, maybe. Let’s see.” Ronaldo faces potential World Cup blow Cristiano Ronaldo could miss the opening two matches of the World Cup after his red card for Portugal against the Republic of Ireland. The 40-year-old forward will serve an automatic one-match ban against Armenia on Sunday for swinging an elbow at Dara O’Shea during his side’s 2-0 defeat in Dublin on Thursday. It could be extended to three games by a disciplinary panel. Injury blow for Guehi England defender Marc Guehi has withdrawn from the England squad for Sunday’s clash against Albania. The Crystal Palace centre-half missed Thursday’s win over Serbia with a foot injury and will not recover for the Group K finale in Tirana. He has returned to his club for treatment. What’s on today? Scotland will bid to keep their chances of automatic World Cup qualification alive in Greece while Wales travel to Liechtenstein hoping to keep second place in their group within reach. Spain can secure their qualification in Georgia. On the domestic front, it is Manchester derby day in the Women’s Super League with City hosting United.

Pa Sport Staff
Indonesia Says It Is Still Coordinating Plan to Send 20,000 Peacekeepers to Gaza
World

Indonesia Says It Is Still Coordinating Plan to Send 20,000 Peacekeepers to Gaza

TEMPO.CO, Jakarta - Indonesia continues to coordinate with several Middle Eastern countries, including Jordan, on its proposal to deploy 20,000 peacekeeping troops to Gaza, Foreign Minister Sugiono said on Friday, November 14, 2025.The discussions build on talks held with pro-Palestinian supporters during the UN General Assembly in New York last September.“We are continuing intensive coordination with countries surrounding Palestine, particularly Jordan, which was part of the group we met in New York,” Sugiono said at the Merdeka Palace.Sugiono, who also serves as the secretary general of the Gerindra Party, emphasized that Indonesia is still awaiting further decisions from partner countries before moving forward. “Everything remains under coordination,” he noted.President Prabowo Subianto had earlier expressed Indonesia’s readiness to send 20,000 personnel to help stabilize the situation in Gaza.Speaking at the 80th United Nations General Assembly in New York on September 23, 2025, he said Indonesia stood prepared to contribute to peace efforts wherever needed.“We will continue to serve wherever peace needs guardians,” Prabowo said in his address, delivered virtually.Prabowo stressed that Indonesia’s commitment to global peace is not symbolic. He pointed out that Indonesia is already among the world’s largest contributors to UN peacekeeping missions and is willing to expand both personnel and financial support to strengthen international security.Peace, he said, must be actively safeguarded not only in Gaza, where Israeli military operations continue, but also in conflict zones around the world.“In Ukraine, Sudan, Libya, and anywhere else peace needs to be defended, we are ready. We are prepared to shoulder this responsibility,” he said.Prabowo added that Indonesia places strong confidence in the United Nations, calling the organization essential for global stability. Without it, he argued, “no country can feel secure,” especially as the world faces mounting pressures from food, energy, and water insecurity.At the 80th UN General Assembly, Prabowo was the third speaker, following Brazilian President Luiz Inácio Lula da Silva and U.S. President Donald Trump.Eka Yudha Saputra contributed to the writing of this article.Editor’s Choice: President Prabowo Receives Top Jordanian Honor from King Abdullah IIClick here to get the latest news updates from Tempo on Google News

Hendrik Yaputra
TOURISE drives $113bn in deals, launches global AI travel protocol
Technology

TOURISE drives $113bn in deals, launches global AI travel protocol

Finance and technology announcements at the inaugural TOURISE Summit in Riyadh set out major investment commitments and the launch of a new global digital framework for tourism. TOURISE said it catalysed $113 billion in portfolio investments aimed at accelerating growth across the global tourism ecosystem. It said the portfolios were announced at the summit as part of a broad effort to channel capital into luxury retail, next-generation hotel accommodation, large-scale integrated developments, wellness, destination and lifestyle offerings, talent development, and AI-powered platforms. It added that the companies announcing portfolios within the total $113 billion included Melia Hotels International, Minor Hotels, BWH Hotels, FTG Development, GOCO Hospitality, Valor, Louvre, Shaza Hotels and Resorts, Delonix, BeOnd, Radisson, Dar Al Arkan, Al Fozan Holding Company and Al-Othaim Holding. Other participants included Cenomi, Knowledge Economic City, ERTH, Al Saedan Real Estate Company, Thakher Development Company, Taiba Investments, Hadab Hotel Company, Hamat, Rafal, EMR, Muheet Al Emaar Real Estate Company, Dammam Hotels Company, Jenan Real Estate and Al Kathiri Holding Company. Further contributors were Amsa Hospitality Company, Naghi Group, Sumou, the Royal Commission for Jubail and Yanbu, the Al Madinah Region Development Authority, MATARAT Holding, Red Sea Global, Balad Development Company, Rua Al Madinah, Jazan Municipality, the Human Resources Development Fund, Al-Baha Municipality, the Northern Borders Municipality, the Strategic Office for the Development of the Al-Baha Region, as well as the Events Investment Fund. TOURISE said these commitments combine infrastructure investment with human-capital development and will support job creation and new visitor experiences, with many investments focused on Saudi Arabia. Ahmed Al-Khateeb said, “TOURISE has been the catalyst that brings investors, policymakers, and innovators to the same table, turning vision into bankable partnerships and high-impact deals.” He added, “Together, we’re redefining the entire traveller economy, powered by AI, built on destination and experience excellence, and designed so growth and opportunity extend across the ecosystem.” TOURISE said the announcement reflects its role in bringing decision-makers together to accelerate partnerships and advance large-scale dealmaking in the tourism sector. The summit also saw the unveiling of the Agentic Tourism Initiative, which TOURISE described as the world’s first Agentic Protocol for Tourism, a digital framework that defines how AI agents interact across every stage of a traveller’s journey. The initiative was launched in partnership with TOURISE and Globant and is based on the white paper Tourism’s AI Takeover: Reinventing Travel through Agentic Tourism, which called for an open protocol for tourism AI. Founding members include Globant, Red Sea Global, Humain, Riyadh Air, King Salman International Airport, the World Travel and Tourism Council, Amazon Web Services, Salesforce, Hollibob and Trip.com. Ahmed Al-Khateeb said, “We are proud to see the Agentic Tourism Initiative take flight from the Kingdom, reflecting our commitment to shaping the future of global travel through innovation and collaboration.” He added, “This protocol represents a bold step toward harmonising technology with the human spirit of exploration, and by anchoring AI in empathy and cultural intelligence, we are not only enhancing the traveller’s experience, we are empowering destinations to grow sustainably, inclusively and with purpose.” The initiative, TOURISE said, is guided by the principle “Digitise the expected. Humanise the unexpected” and aims to use AI to support human creativity and strengthen long-term sustainable growth. Globant co-founder Martín Migoya said, “We are witnessing the dawn of a new era for tourism, where technology and human ingenuity converge to create experiences that are not only smarter, but also deeply personal and truly memorable.” He added, “The Agentic Tourism Initiative is more than a technical milestone; it is a strategic leap toward shaping how AI is used in travel, and by building a shared protocol, we are ensuring that this transformation is inclusive, secure and beneficial for all.”

Elias Hazou
Sabah polls: Hajiji in five-cornered fight in Sulaman
Politics

Sabah polls: Hajiji in five-cornered fight in Sulaman

KOTA KINABALU: Chief Minister Datuk Seri Hajiji Noor is facing a five-cornered contest in the Sulaman seat in the 17th Sabah State Election. The matter was announced by returning officer Ibrahim Terki at the nomination centre at Dewan Seri Sulaman in Tuaran. Hajiji, who is also Gabungan Rakyat Sabah (GRS) chairman, arrived at the nomination centre at 9 am, accompanied by proposer Datuk Abdul Kassim Razali and seconder Sylvia Belinggi. In the last state election, Hajiji won the Sulaman seat with a majority of 3,099 votes. Hajiji, who is also Parti Gagasan Rakyat Sabah (PGRS) president, is challenged by young and first-time Barisan Nasional (BN) candidate Dr Shahnon Rizal Thaijuddin, as well as Mokhtar Hussin of Parti Warisan (Warisan), Tiaminah @ Siti Aminah Ele of Perikatan Nasional (PN) and Parti Impian Sabah (PIS) candidate Pajudin Nordin. Earlier, GRS supporters marched from the PGRS Sulaman headquarters in Tuaran town to accompany Hajiji and three other party candidates - Datuk Joniston Bangkuai (Kiulu), Datuk Jasnih Daya (Pantai Dalit) and Associate Prof Dr Bonaventure Bonaface (Tamparuli). Sulaman has 18,352 registered voters.- Bernama

The Star Online
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