Categories
Sports

More details emerge as Crows offer Rankine eye-watering contract

More details emerge as Crows offer Rankine eye-watering contract

More details have emerged over Adelaide’s pursuit of Izak Rankine.

Reports broke on Tuesday that the Crows were confident they secure Rankine from the Suns during the 2022 trade period, with SEN’s Sam Edmund providing further details on Thursday.

Despite the Suns originally holding confidence they would re-sign Rankine, who does not have a deal for beyond 2022, the narrative appears to have shifted in terms of the lure home for Rankine.

SEN SA’s Michelangelo Rucci reported on details of the Crows’ offer, which has left the Suns and Stuart Dew “not happy”.

“100 per cent (he will go to Adelaide). To the point whereby Essendon, which was the other interested party, has been told, ‘don’t call anymore’,” Rucci told SEN SA’s The Run Home.

“Port Adelaide has been told, ‘we’re not even meeting with you’.

“And the figures that have been thrown at Essendon and Port Adelaide to make it known you’re wasting your time (are incredible).

“Gold Coast has put $650,000 on the table, Adelaide will make Izak Rankine the highest paid player on its list next year at $900,000.

“The next phase of all this is this you have a Gold Coast football club who are a bit like Sydney with Jordan Dawson last year, they thought they had him…

“Stuart Dew is not happy, so they’re going to dig in.”

Rankine is having a career-best season in 2022, kicking 27 goals in 16 games almost four years after being taken with Pick 3 in the 2018 draft.





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Categories
US

Russia ready to discuss prisoner swap after Griner jail sentence

Russia ready to discuss prisoner swap after Griner jail sentence

National Security Council spokesman John Kirby said Thursday that the US had made a “serious proposal” for a prisoner swap and urged Russia to “accept it.”

“They should have accepted it weeks ago when we first made it,” he said. Asked if Washington was considered a counteroffer from Russia, he said: “I don’t think we go so far as even call it a counteroffer.”

Griner, 31, was sentenced to nine years in Russian prison Thursday after being found guilty of drug possession and smuggling. She will also have to pay a fine of 1 million rubles ($16,590), but she can appeal the verdict.

The basketball star was detained at Moscow’s Sheremetyevo Airport in February after Russian authorities said they found vape canisters containing cannabis oil in her luggage.

Griner, a center for WNBA’s Phoenix Mercury who has played in Russia for the last seven years in the winter, admitted the canisters were hers. However, she said she had brought them to Russia unintentionally after packing her luggage in a hurry.

In a final plea for leniency Thursday, the two-time Olympic gold medalist apologized and repeated that she had never meant to break any Russian laws and had made “an honest mistake.”

Griner’s legal team said the basketball star was “very disappointed,” by Thursday’s outcome.

“The court completely ignored all the evidence of the defense, and most importantly, the guilty plea,” her lawyers said in a separate statement sent on the Telegram messaging app. They said they will file an appeal.

Griner’s WNBA team, the Phoenix Mercury, said it was hopeful the Biden administration would be able to secure her freedom.

“While we knew it was never the legal process that was going to bring our friend home, today’s verdict is a sobering milestone in the 168-day nightmare being endured by our sister, BG,” the franchise said in a statement.

“We remain heartbroken for her, as we have every day for nearly six months. We remain grateful to and confident in the public servants working de ella every day to return her to her family de ella and us, “ella it said ella.

The Kremlin has been accused of using Griner as a political pawn, while the Biden administration has been under growing pressure from her family and teammates to secure her release.

Chantal Da Silva is a breaking news editor for NBC News Digital based in London.

Yuliya Talmazan and Julia Jester contributed.

Categories
Technology

First AIB allegedly stopped Intel Arc graphics cards production due to ‘quality concerns’

First AIB allegedly stopped Intel Arc graphics cards production due to 'quality concerns'

One AIB reportedly no longer interested in Arc

Igor’LAB reports first OEM is jumping ship on Arc GPUs.

A big board partner is no longer producing Intel Arc GPUs. This is alleged by Igor Wallossek who confirmed this information twice over the last day.

Igor is not naming the brand, but his post has a picture of MSI system, indirectly suggesting that this might be the company in question. MSI is actually one of the few companies that did ‘confirm’ making Arc graphics, either through ads for prebuilt systems on Chinese retailer website or through leaked datasheets.

From OEMs perspective there is just too much uncertainty in terms of performance and price. Intel reportedly would not give any price guarantee for Arc, which makes planning so much more complicated. This is probably why we have never heard of any high-end custom model based on Arc, the only rumors were about mid-range solutions such as ASUS TUF.

At least one of the big board partners has even stopped the production of Intel cards completely (“due to quality concerns“), as I could find out yesterday and today. […] Other board partners have at least already completely capped their marketing activities, and it does not currently look as if there will be any real launch offensives from the board partners in the time window I mentioned between August 5, 2022 and September 29, 2022. What will really arrive on the market (as retail) will be seen in the next few weeks. From the customer’s point of view, I can only hope for the best, I alone lack faith.

— Igor’sLAB

GPU Quality and performance may lead to drive the maintenance cost up, this includes higher RMA rates and lesser demand for parts that have unoptimized drivers. That’s why the production of ARC cards might have been stopped by said board partner (but there is no word on cancellation just yet).

Intel is now busy sharing videos answering questions from the community. The most recent one covers the graphics API support for Arc. It’s hard to believe that this is the most important question right now, while literally everyone just wants to know then Arc desktop becomes available and at what price.

Source: Igor’sLAB



Categories
Sports

Formula 1 news 2022 | McLaren tells Daniel Ricciardo it intends to replace him, per report

McLaren has reportedly informed Daniel Ricciardo it intends to replace him with fellow Australian Oscar Piastri for the 2023 season.

After weeks of speculation, Autosport is reporting the team will now enter settlement negotiations with Ricciardo, who was contracted with the team until the end of 2023.

The publication indicated that Ricciardo may have been offered a seat in McLaren’s Formula E team, which the 33-year-old refused.

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It is widely understood that any performance clauses in Ricciardo’s contract with McLaren laid with the Aussie, meaning only he could leave the team if they’re not performing to his standards and not the other way around.

Paying him out of the contract could cost the Woking squad as much as $21million.

On the other side of the coin, paying off Alpine for Oscar Piastri could also cost McLaren a bucketload – depending on whether or not the issue goes to court.

According to Autosport, in a massive bureaucratic bungle from Alpine, Piastri is able to walk away from the Enstone squad because the 2023 deal was never properly signed, nor submitted to the FIA’s Contract Recognition Board.

The CRB was set up in 1991 after Michael Schumacher signed with the Benetton team – now the modern-day Alpine squad – having already agreed to drive for Jordan, now the modern-day Aston Martin.

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Categories
Australia

Matthew Guy says there’s been no calls for him to resign over Mitch Catlin scandal

Matthew Guy says there's been no calls for him to resign over Mitch Catlin scandal

“I don’t accept it at all. No one’s called me about that and I don’t believe they will,” Guy told reporters.

Asked if he would stand aside for the good of the party if the controversy escalated with any new revelations, he said: “I think I’m going to go back to my office and do some work.”

“We’ve got 110 days to [ensure] the most corrupt government in its history gets shown the door.”

Guy is expected to announce a new chief of staff within days, with former federal Liberal staffer Brad Stansfield joining the field of possible candidates after long-standing Liberal campaigner Simon Frost ruled himself out of contention.

Stansfield, a former chief of staff to Tasmanian Premier Will Hodgman, previously worked for Tasmanian senator Eric Abetz and more recently for federal finance minister, Matthias Cormann.

Emboldened by two recent reports from integrity agencies into the conduct of the Labor MPs and staff, the Coalition had planned to hammer the government on integrity matters in the four-month lead-up to the election.

But those plans were derailed when a leaked message from Catlin to Guy’s private Hotmail email account was revealed by The Agealong with a contract the chief of staff had drafted by his lawyers.

The email detailed Catlin’s proposal for Munz, a wealthy horse racing identity, to pay $8,333 a month to his private marketing company, Catchy Media Marketing and Management, for services as a contractor. The services were to be described as “supporting business interests”.

“Hey MG. Attached is the proposed agreement between [the donor] and Catchy Media Marketing and Management,” Catlin wrote to Guy. “It’s as per the original email agreement between you and me. Can I leave you to forward onto him?”

Catlin resigned within hours of the story going public and has not spoken publicly since. Guy has taken questions but not provided any answers about the specifics of the plan that was proposed, how it came about or why it never eventuated.

The government seized on the opposition leader’s woes, by referring him and his party to a host of law enforcement and integrity agencies over the matter. Victoria Police, the state’s electoral commission, the ombudsman, the Independent Broad-based Anti-corruption Commission and the Australian Federal Police were among those alerted. Those organizations have confirmed they have received each Labor’s complaint but, as yet, none have opened an investigation.

Labor says Guy’s position as Liberal leader is “compromised” and he should be “held to a high standard”.

“Matthew Guy is putting himself up as the alternative premier for the state of Victoria,” Minister for Innovation, Medical Research and the Digital Economy Jaala Pulford told reporters on Friday.

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“It certainly appears to me that he is compromised and these are things he needs to respond to, and if he doesn’t, perhaps maybe these are things his colleagues need to respond to.”

Guy has so far refused to answer detailed questions about the proposed scheme, defending himself by arguing the contract was never signed and did not go ahead.

In the face of that scrutiny, Guy tried to turn attention back on the government when door-stopped by media on Friday.

“[The media] should be more focused on the premier’s leadership. The premier is leading the most corrupt government in Victoria’s history. We’ve got 110 days to make sure the state knows that the most corrupt government in its history gets shown the door,” he said.

Guy has been Liberal leader for the past 10 months after ousting Michael O’Brien last September. He was previously in the role for four years from 2014, but relinquished the job to O’Brien, after a resounding loss at the 2018 election.

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Categories
US

Is the economy in a recession? Top economists weigh in

Is the economy in a recession? Top economists weigh in

‘We should have an objective definition’

Officially, the NBER defines a recession as “a significant decline in economic activity that is spread across the economy and lasts more than a few months.” In fact, the latest quarterly gross domestic product report, which tracks the overall health of the economy, showed a second consecutive contraction this year.

Still, if the NBER ultimately declares a recession, it could be months from now, and it will factor in other considerations, as well, such as employment and personal income.

What really matters is their paychecks aren’t reaching as far.

Thomas Philipson

former acting chair of the White House Council of Economic Advisers

That puts the country in a gray area, Philipson said.

“Why do we let an academic group decide?” he said. “We should have an objective definition, not the opinion of an academic committee.”

Consumers are behaving like we’re in a recession

For now, consumers should be focusing on energy price shocks and overall inflation, Philipson added. “That’s impacting everyday Americans.”

To that end, the Federal Reserve is making aggressive moves to temper surging inflation, but “it will take a while for it to work its way through,” he said.

“Powell is raising the federal funds rate, and he’s leaving himself open to raise it again in September,” said Diana Furchtgott-Roth, an economics professor at George Washington University and former chief economist at the Labor Department. “He’s saying all the right things.”

However, consumers “are paying more for gas and food so they have to cut back on other spending,” Furchtgott-Roth said.

“Negative news continues to mount up,” she added. “We are definitely in a recession.”

What comes next: ‘The path to a soft landing’

The direction of the labor market will be key in determining the future state of the economy, both experts said.

Decreases in consumption come first, Philipson noted. “If businesses can’t sell as much as they used to because consumers aren’t buying as much, then they lay off workers.”

On the upside, “we have twice the number of job openings as unemployed people so employers are not going to be so quick to lay people off,” according to Furchtgott-Roth.

“That’s the way to a soft landing,” she said.

3 ways to prepare your finances for a recession

While the impact of record inflation is being felt across the board, every household will experience a pullback to a different degree, depending on their income, savings and job security.

Still, there are a few ways to prepare for a recession that are universal, according to Larry Harris, the Fred V. Keenan Chair in Finance at the University of Southern California Marshall School of Business and a former chief economist of the Securities and Exchange Commission .

Here’s his advice:

  1. Streamline your spending. “If they expect they will be forced to cut back, the sooner they do it, the better off they’ll be,” Harris said. That may mean cutting a few expenses now that you just want and really don’t need, such as the subscription services that you signed up for during the Covid pandemic. If you don’t use it, lose it.
  2. Avoid variable-rate debts. Most credit cards have a variable annual percentage rate, which means there’s a direct connection to the Fed’s benchmark, so anyone who carries a balance will see their interest charges jump with each move by the Fed. Homeowners with adjustable-rate mortgages or home equity lines of credit, which are pegged to the prime rate, will also be affected.

    That makes this a particularly good time to identify the loans you have outstanding and see if refinancing makes sense. “If there’s an opportunity to refinance into a fixed rate, do it now before rates rise further,” Harris said.

  3. Consider stashing extra cash in Series I bonds. These inflation-protected assets, backed by the federal government, are nearly risk-free and pay a 9.62% annual rate through October, the highest yield on record.

    Although there are purchase limits and you can’t tap the money for at least one year, you’ll score a much better return than a savings account or a one-year certificate of deposit, which pays less than 2%. (Rates on online savings accounts, money market accounts and certificates of deposit are all poised to go up but it will be a while before those returns compete with inflation.)

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Categories
Business

Australians have the chance to own an entire town and their own pub in East Gippsland just like popular show Schitt’s Creek

Australians have the chance to own an entire town and their own pub in East Gippsland just like popular show Schitt's Creek

Australians have been given a once in a lifetime opportunity to own an entire town, including a charming historical pub nestled in Victoria’s East Gippsland region.

Coopers Creek was settled in the 1860s and has since been the site of copper and lime mining after not striking much luck digging for gold during Victoria’s gold rush.

The small town is set on 11 acres on the Thomas River and consists of 21 lots, all of which are up for grabs to potential buyers.

The peculiar listing has drawn parallels with popular tv show Schitt’s Creek.

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The show follows the adventures of the Rose Family who loses their fortune and takes up residence in the small town of Schitt’s Creek, which they bought as a joke during wealthier times.

Fans of the show or Australians wanting to own a piece of history now have the chance to buy the town of Coopers Creek, which at its height had a population of 250 people.

Mason White McDougall Real Estate expects the town may sell for around $2.5 to $3million, similar to the price of a single home in Melbourne’s Kew or Hawthorn.

Ian Mason, the Director of Mason White McDougal, said the town is the perfect place to live out the dream of starting a business or living off the grid.

“If you have ever wanted to own your own town or be the mayor of your own domain, this is the place for you,” Mr Mason said.

“Whether it’s setting up a tourism business or a desire to live off grid immersed in nature.”

The East Gippsland region is known for its stunning mountain ranges and is surrounded by beautiful bushland.

The town is a haven for outdoor adventures and therefore the region attracts bushwalkers, fishermen, kayakers and campers alike.

Mr Mason also advertised the towns stunning scenery and pristine natural environment as the perfect escape for the right buyer.

“Coopers Creek offers endless opportunities including a break from city life and a change of scenery in one of Victoria’s most pristine natural environments,” he said.

“Like the Rose family in Schitt’s Creek, Coopers Creek could be a life-changing move for the right buyer.”

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Categories
Technology

Hackers have found a way to log into your Microsoft account

Hackers have found a way to log into your Microsoft account

Account holders for Microsoft email services are being targeted in a phishing campaign, according to security researchers from Zscaler’s ThreatLabz group.

The objective behind the threat actors’ efforts is believed to be the breaching of corporate accounts in order to perform business email compromise (BEC) attacks.

A large monitor displaying a security hacking breach warning.
Stock Depot/Getty Images

As reported by Bleeping Computer, BEC-based activity would see payments being redirected toward hackers’ bank accounts via the use of forged documents.

Zscaler, a cloud security company, said that targets were involved in various industries, such as fin-tech, lending, accounting, insurance, and Federal Credit Union organizations based in the US, UK, New Zealand, and Australia.

At the moment, it seems the campaign has yet to be properly addressed by Microsoft, with new phishing domains being published nearly every day.

The campaign was originally detected in June 2022, with analysts observing a sudden rise in phishing attempts against the aforementioned industries, in addition to account holders of Microsoft email services.

Threat actors would incorporate links to the emails as buttons or HTML files that would redirect the target to a phishing page. Bleeping Computer points out how certain platforms don’t see open redirects as a vulnerability, which has led to these malicious redirects going through Google Ads, Snapchat, and DoubleClick.

Businesses and individuals are increasingly turning to multifactor authentication to secure their accounts. As such, obtaining a login email and password nowadays won’t provide anything of value to hackers.

Custom phishing kits and reverse proxies like Evilginx2, Muraena, and Modilshka have now come into play to bypass an MFA-enabled account.

A phishing proxy that essentially acts as a middle man between the victim and email provider service is capable of extracting the authentication cookies. Through this method, hackers can use the stolen cookies to log in and completely evade MFA for an account.

For this particular campaign, a custom proxy-based phishing kit was found utilizing the Beautiful Soup HTML and XML parsing tool, which amends actual login pages derived from corporate logins in order to incorporate phishing components.

Cyberattacks in general have nearly doubled since last year, while Microsoft itself started an initiative to tackle the rapid rise of cybercrime with its Security Experts program.

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Categories
Sports

Melbourne Demons v Collingwood Magpies fixtures, teams, ladder, odds, tickets, players

Melbourne Demons v Collingwood Magpies fixtures, teams, ladder, odds, tickets, players

AFL 2022 round 21 LIVE updates: Melbourne Demons v Collingwood Magpies fixtures, teams, ladder, odds, tickets, players
Categories
Australia

Biloela family granted permanent visas to stay in Australia

Asylum seekers affectionately known as the “Biloela family” have been granted permanent visas to stay in Australia.

The Nadesalingam family were at the center of a lengthy immigration battle and spent four years in detention until their release a few months ago.

In June the new federal government allowed them to return to the small Queensland town of Biloela while their case was ongoing.

The Nadesalingam family have been granted permanent visas to stay in Australia. (Nine)

This afternoon the Department of Home Affairs granted Priya, Nades, Kopika and Tharnicaa – previously know as the Murugappans – were given permanent visas.

Minister for Immigration, Citizenship and Multicultural Affairs Andrew Giles confirmed the decision had been finalized.

“This Government made a commitment before the election that, if elected, we would allow the family to return to Biloela and resolve the family’s immigration status,” he said in a statement.

“Today, the Government has delivered on that promise.

“This decision follows careful consideration of the Nadesalingam family’s complex and specific circumstances.

“I extend my best wishes to the Nadesalingam family.”

It was a moment years in the making for the Sri Lankan family, made possible by the campaigning of Biloela locals protesting their detention and attempted deportation in 2018.

The Murugappan family had been living in detention since 2019, with much of that time spent on Christmas Island.

They were removed from their home in the Queensland town of Biloela and taken into detention in 2018 when their visa expired.

Priya and Nades’ daughters, Kopika and Tharnicaa, were both born in Australia after the couple arrived in Australia by boat seeking asylum.

Priya and Nades are both Tamil, a group that has been persecuted in Sri Lanka.