Today's news in a nutshell
June 28th edition
TRUMP
Manhattan DA Says No Charges For Trump: Lawyer
According to the Washington Post, Vance's team is set to proceed with the charges unless otherwise persuaded not to. Fischetti says he expects them to drop this week or next.
"It’s like the Shakespeare play Much Ado About Nothing," he said, adding "This is so small that I can’t believe I’m going to have to try a case like this."
TRUMP: ‘Bill Barr’s Weakness Helped Facilitate the Cover Up of the Crime of the Century’
ELECTION
Arizona GOP Lawmakers Strip Powers from Controversial Secretary of State Katie Hobbs
Texas Attorney General Ken Paxton’s Election Fraud Unit Makes Arrest Related to Multiple Counts of Election Fraud
The Election Fraud Unit arrested and booked Monica Mendez into the Victoria County Jail on June 23, 2021, after a Victoria County Grand Jury returned an indictment against her on multiple counts of election fraud: 7 counts of Illegal Voting (a 2nd Degree Felony), 8 counts of Unlawfully Assisting Voter Voting Ballot by Mail (a 3rd Degree Felony), 8 counts of Unlawful Possession of Ballot (a State Jail Felony), and 8 counts of Election Fraud (a State Jail Felony).
FLORIDA BUILDING COLLAPSE
Developer Of Collapsed Miami Condo Once Allegedly Paid Off Officials
Death toll rises to 10 in Florida building collapse as rescue effort continues
June 28, 202112:43 PM EDT
Miami condo collapse: Woman told husband on phone she saw pool cave in before building fell, report says
A woman missing in the deadly Florida condo building collapse called her husband as the tragedy unfolded — and said she saw a sinkhole where the pool used to be before the line went dead, according to a new report.
"It was 1:30 a.m., I’ll never, never forget that," Mike Stratton, husband of Cassie Stratton, 40, told the Miami Herald.
The model, actress and Pilates instructor woke her husband in Washington, D.C. and frantically told him that their building was shaking before making the startling comments about a sinkhole, according to the outlet.
FINANCE
Basel III Regulations Finally Kick In: What This Means For Gold
the long-anticipated (by gold bulls) banking rules implemented under a sweeping international accord known as Basel III came into effect (for European banks)
In a nutshell, Basel III elevates allocated gold, in tangible form, to be classified as a zero-risk asset under the new rules, but unallocated - or the hated by gold purists - “paper” gold, which banks typically deal with the most often, won’t — meaning banks holding paper gold must also hold extra reserves against it. The new liquidity requirements aim to “prevent dealers and banks from simply saying they have the gold, or having more than one owner for the gold they have” on the balance sheet.
3GD
MISC
E-cigarette maker Juul Labs Inc has agreed to pay $40 million to North Carolina to settle a lawsuit by the state accusing it of marketing its products to minors.
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