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Overnight News Digest January 15, 2023 [1]

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Date: 2023-01-15

NPR

Excavators say they've found a previously unknown Egyptian royal tomb in Luxor

A joint Egyptian-British mission doing excavation work in the city of Luxor in southern Egypt has unearthed a previously undiscovered ancient royal tomb, officials said over the weekend. Mostafa Waziri, secretary-general of Egypt's Supreme Council of Antiquities, announced the find on Saturday in a press release and on social media. Waziri said evidence suggests the most recent discovery could be a tomb dating back to the 18th Dynasty of ancient Egypt, which occurred between 1550 B.C. and 1292 BC. It may be the tomb of a royal wife or princess, archaeologists said. Luxor, a city on the Nile River about 400 miles south of Cairo, is already home to various noteworthy sites and tourist attractions including the Valley of the Kings and the tomb of Tutankhamen, an ancient Egyptian pharaoh.

Al Jazeera

Richest 1% bag two-thirds of $42 trillion in new wealth: Oxfam

The world’s top 1 percent grabbed nearly two-thirds of the $42 trillion in new wealth created since 2020, Oxfam says in a new report released to coincide with the annual meeting of the World Economic Forum in Davos, Switzerland. The share was almost twice as much money as the amount obtained by the bottom 99 percent of the world’s population, according to Oxfam’s “Survival of the Richest” report released on Monday. Billionaire fortunes are increasing by $2.7bn a day, while at least 1.7 billion workers now live in countries where inflation is outpacing wages, the report said. At the same time, half of the world’s billionaires live in countries with no inheritance tax for direct descendants, Oxfam said, putting them on track to pass on $5 trillion to their heirs, more than the gross domestic product (GDP) of Africa. Oxfam said a 5 percent tax on the world’s multi-millionaires and billionaires could raise $1.7 trillion a year, enough to lift 2 billion people out of poverty.

Al Jazeera

Jamaica launches fraud probe after Bolt reports millions missing

Jamaican financial authorities have launched an investigation into a company holding investments for eight-time Olympic gold medallist Usain Bolt after reports that he may have lost millions to large-scale fraud. Stocks & Securities Ltd, a private wealth management company based in the capital of Kingston, was placed under “enhanced oversight” while the Financial Services Commission (FSC) conducts the inquiry. Bolt’s manager, Nugent Walker, told The Gleaner newspaper that the retired sprinter has had investments with the company for more than a decade. The daily said millions of dollars were reported missing from Bolt’s account. “All the relevant steps have been taken to come to the bottom of this,” Walker told the news outlet, saying the athlete had noticed discrepancies with his account on Wednesday. “He’s been with this entity over 10 years … His entire portfolio is being reviewed.”

The Guardian

‘People aren’t taking this seriously’: experts say US Covid surge is big risk

In the fourth year of the pandemic, Covid-19 is once again spreading across America and being driven by the recent holidays, fewer precautions and the continuing evolution of Omicron subvariants of the virus. New sub-variants are causing concern for their increased transmissibility and ability to evade some antibodies, but the same tools continue to curtail the spread of Covid, especially bivalent boosters, masks, ventilation, antivirals and other precautions, experts said. New Covid hospital admissions are now at the fourth-highest rate of the pandemic, according to the US Centers for Disease Control and Prevention (CDC).

The Guardian

Buns for votes scandal did not sway mayoral election, Canadian court rules

In the tiny community of Pouce Coupe, a candidate was accused of using cinnamon rolls as bribes at a campaign event Efforts to bribe unsuspecting voters, allegations of candidate intimidation and a court challenge to an election result have cast a spotlight on the tumultuous, ruthless politics of a tiny west Canadian community. British Columbia’s supreme court this week weighed in on the row, upholding the fiercely contested results of a recent municipal election, Pouce Coupe, a town of fewer than 800 people near the border with Alberta. “All politics is local,” wrote justice Ward Branch in his decision, before wearily recounting years of simmering feuds and grievances that have riven the community. Deutsche Welle Iran faces gas shortage despite vast reserves In early September 2022, Iranian Petroleum Minister Javad Owji warned of a cold winter and potential gas shortages. But he was addressing Europeans instead of his fellow citizens. "You are being badly governed," the minister said in a televised interview, citing Europe's worries that its industrial production and households would suffer due to reduced gas supplies from Russia due to sanctions in response to its invasion of Ukraine. At the time, Iran offered itself as an alternative source of natural gas and saw its position strengthened in international talks to limit its nuclear program. "We have the world's second-largest gas reserves and can supply Europe," Foreign Ministry spokesman Nasser Kanaani said in early September. But before that could happen, US economic sanctions against Iran would have to be lifted. On top of that, some three months later a familiar problem has returned in Iran: gas shortages due to ailing infrastructure. Reuters New York Mayor says "no room" in his city for migrants LOS ANGELES, Jan 15 (Reuters) - The mayor of New York traveled to the Mexican border city of El Paso on Sunday and declared that "there is no room in New York" for busloads of migrants being sent to America's most populous city. Eric Adams, a Democrat, was also critical of the administration of Democratic U.S. President Joe Biden, saying "now is the time for the national government to do its job" about the immigrant crisis at America's southern border. The visit of a New York mayor to a southern border city about the issue of immigrants is unprecedented. Busloads of migrants have been shipped north to New York and other cities by Republican run states. That has exacerbated a housing crisis in New York and a worsening homeless crisis in the city. Adams's trip to El Paso comes after he said the migrant influx into New York could cost the city as much as $2 billion, at a time when the city is already facing a major budget shortfall. Reuters Jamaica seizes $80 million worth of cocaine from cargo ship KINGSTON, Jan 15 (Reuters) - Jamaican authorities have seized an estimated $80 million worth of cocaine from a ship at the port of Kingston in one of the country's biggest-ever drug busts, authorities said. Jamaican officials discovered the shipment hidden inside a cargo ship from South America, the Jamaica Constabulary Force said in a statement late on Saturday, putting its estimated street value at $80 million. The search of the cargo ship yielded more than 1,500 kilograms (3,306 lbs) of cocaine, the police said. The goods were split into 50 bags containing 1,250 packages, Jamaica's Defence Force said in a separate statement.

New York Times

Dwindling Snow Leaves Swiss Alpine Villages Staring at an Identity Crisis

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