International
Alan Greenspan, architect of the modern American economy, dies aged 100
For nearly 20 years, Alan Greenspan was charged with safeguarding the US economy and keeping the dollar sound.
Former US Federal Reserve chair Alan Greenspan has died aged 100, his wife has said.
NBC News correspondent Andrea Mitchell said in a statement reported by her employer that her husband had died from complications of Parkinson’s Disease.
Mitchell’s statement said Greenspan was “a giant of a man who helped shape the US economy for decades under presidents of both parties, but was always honest in acknowledging his mistakes”.
For nearly 20 years, Alan Greenspan was charged with safeguarding the US economy and keeping the dollar sound.
As chairman of the Federal Reserve from 1987-2006, a post described as the second most important after the presidency, he presided over the longest sustained period of US economic growth in a generation.
Described as the “God in the machine” of American finance, Greenspan declined all requests for interviews during his time at the Fed.
The media and the money markets hung on his few public statements, and a sign in his office said simply, “the buck starts here”.
International
Man jailed for keeping dead mother in freezer to claim £78,000 in benefits
Passing sentence, Judge Lloyd-Clarke said Phillips repeatedly deceived medical professionals to hide the fact that his mother had died.
•Christopher Phillips
A 60-year-old man has been sentenced to two years and four months in prison after keeping his late mother’s body in a chest freezer for nearly three years while fraudulently collecting more than £78,000 in her pension and benefits.
Christopher Phillips was jailed by Merthyr Tydfil Crown Court after admitting to preventing the lawful and decent burial of his 89-year-old mother, Silvia Phillips, and pleading guilty to two counts of fraud.
The court heard that Phillips concealed his mother’s death after she died on March 8, 2023, by storing her body in a chest freezer in the living room of their home in Porthcawl, Wales.
Prosecutors said he failed to notify the Department for Work and Pensions and Bridgend County Borough Council of her death, allowing her pension and benefits to continue being paid into bank accounts he could access.
Passing sentence, Judge Lloyd-Clarke said Phillips repeatedly deceived medical professionals to hide the fact that his mother had died.
“You continued to collect her prescriptions and misled medical professionals about her whereabouts, lying when enquiries were made about your mother, repeatedly telling medical staff that she did not wish to attend appointments or undergo tests,” the judge said.
(Source: Tribune)
International
Russia Issues International Wanted on Telegram Founder Durov
Russian-born Durov — a serial tech founder who has lived outside Russia for years and holds French and United Arab Emirates passports — has frequently clashed with the Russian authorities as Moscow has tightened its grip on the internet.
•Telegram founder Pavel Durov
Russia announced on Wednesday that it was seeking the arrest of Telegram founder Pavel Durov over accusations of “complicity in terrorism”, alleging he had let the platform be used for recruitment by Ukraine’s security services.
Russian-born Durov — a serial tech founder who has lived outside Russia for years and holds French and United Arab Emirates passports — has frequently clashed with the Russian authorities as Moscow has tightened its grip on the internet.
His Telegram messenger is one of the country’s main communications platforms and officials have repeatedly tried to block access or thwart its success in a bid to pressure Durov to hand over user data or push Russians to use an unencrypted state-backed alternative.
The FSB security service said it had launched international search proceedings for Durov, who is also Telegram’s CEO.
“An international wanted notice has been issued… for the head of the Telegram administration, P. Durov,” it said in a statement.
International
Just In: People trapped in Japanese mall hit by earthquake, with others missing after factory chimney collapse
Reports in Japan say 20 to 30 shopping centre staff may be missing – but the figure has not been confirmed.
Image credit : BBC
Many people are trapped inside a Japanese shopping centre after an earthquake, the fire service says.
One witness reported the second floor of the mall in Kumamoto collapsing – BBC Verify has looked at some of the images from the site.
Reports in Japan say 20 to 30 shopping centre staff may be missing – but the figure has not been confirmed
Elsewhere in the Kumamoto prefecture, people are reported missing at a paper factory after a chimney collapsed
A magnitude 7.1 earthquake hit inland on Kyushu island at 16:27 local time (07:27 GMT), causing power cuts, damaged roads, a collapsed castle wall, and a destroyed footbridge.
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