US Business

US House committee to 'connect the dots' at Capitol riot hearing

The House committee probing the 2021 assault on the US Capitol will examine connections between associates of former president Donald Trump and far right-wing extremist groups at its seventh hearing on Tuesday.

“We are going to be connecting the dots during these hearings between these groups and those who were trying — in government circles — to overturn the election,” said Democratic Representative Zoe Lofgren.

The lawmaker from California told CNN the session will focus on ties between members of Trump’s inner circle and the Proud Boys and the Oath Keepers.

Members of the two militia groups stormed the Capitol on January 6, 2021 along with thousands of Trump supporters in a bid to prevent certification of Democrat Joe Biden’s election victory.

Jason Van Tatenhove, a former member of the Oath Keepers, is expected to testify at Tuesday’s televised hearing, which begins at 1:00 pm (1700 GMT) and is expected to last at least two hours.

Five members of the Proud Boys were indicted on seditious conspiracy charges in June in connection with the assault on the Capitol. Eleven members of the Oath Keepers have also been charged with seditious conspiracy and three of them have pleaded guilty.

More than 850 people have been arrested in connection with the storming of Congress by Trump supporters, but only those 16 face seditious conspiracy charges, which carry a sentence of up to 20 years in prison.

The committee is trying to determine whether Trump or his associates had a role in planning or encouraging the violent attack on Congress, and has subpoenaed numerous advisors and aides to the former president.

Excerpts may be played on Tuesday from an eight-hour interview the committee held on Friday with former Trump White House counsel Pat Cipollone.

The assault on the Capitol left at least five people dead and 140 police officers injured and followed a fiery speech by Trump to thousands of his supporters near the White House.

Trump was impeached for a historic second time by the House after the Capitol riot — he was charged with inciting an insurrection — but was acquitted by the Senate.

– ‘Pivotal moment’ –

Tuesday’s hearing will be the first since blockbuster testimony by Cassidy Hutchinson, an assistant to Trump’s chief of staff Mark Meadows.

Hutchinson testified that she was told Trump had angrily lunged at his Secret Service driver and grabbed at the steering wheel of his limousine in a bid to join the crowd marching on Congress.

A select committee aide said Tuesday’s hearing will focus on a tweet Trump sent on December 19 telling his supporters to come to Washington on January 6 and promising it will be “wild.”

“They immediately started answering his call by zeroing in on that date,” the aide said. “We’ll talk about how that was a pivotal moment that spurred a chain of events.”

The tweet was sent a little more than an hour after Trump met at the White House with his lawyer Rudy Giuliani, former general Mike Flynn, and Sidney Powell, another attorney, the aide said.

The hearing will also look at attempts by some Republican members of Congress to pressure vice president Mike Pence into blocking the certification of the election results.

A US District Court judge refused meanwhile to delay the trial of former Trump adviser Steve Bannon, who has been charged with contempt of Congress for refusing a subpoena to testify before the congressional committee.

“I see no reason for extending this case any longer,” said Judge Carl Nichols, ordering the trial to begin as scheduled on July 18.

Bannon, 68, recently reversed course and offered to testify but Justice Department prosecutors rejected the move as a “last-ditch attempt to avoid accountability.”

Webb telescope reveals deepest image of early universe

Humanity’s view of the distant cosmos will never be the same.

The James Webb Space Telescope, the most powerful to be placed in orbit, has revealed the clearest image to date of the early universe, going back 13 billion years, US space agency NASA said Monday.

The stunning shot, released in a White House briefing by President Joe Biden, is overflowing with thousands of galaxies and features some of the faintest objects observed, colorized in blue, orange and white tones.

Known as Webb’s First Deep Field, it shows the galaxy cluster SMACS 0723, which acts as a gravitational lens, bending light from more distant galaxies behind it towards the observatory, in a cosmic magnification effect.

Webb’s primary imager NIRCam — which operates in the near infrared wavelength spectrum because light from the early universe has been stretched out by the time it reaches us — has brought these faint background galaxies into focus.

Webb compiled the composite shot in 12.5 hours, achieving well beyond what its predecessor the Hubble Space Telescope could in weeks.

“Fantastic — galaxies upon galaxies upon galaxies,” Jonathan Lunine, chair of the astronomy department at Cornell University, told AFP, rejoicing with the rest of the global astronomy community.

“Even though this is by no means the farthest Webb can see, it’s the deepest image ever taken, and shows the power of this remarkable telescope: tremendous sensitivity, a broad range of wavelengths, and sharp image clarity.”

Avi Loeb, a professor of astronomy at Harvard, explained the reddish arcs are the ancient galaxies, while the light colored circles and ellipses belong to the younger galaxy cluster in the foreground.

He added he was “thrilled” about the idea of Webb looking even closer to the Big Bang, back some 13.8 billion years ago. 

– Stellar nursery –

The next set of images will be released Tuesday, revealing details about the atmosphere of faraway planets, “stellar nurseries” where stars form, galaxies locked in a dance of close encounters, and the cloud of gas around a dying star.

Biden conveyed a sense of awe that Webb is documenting universe imagery from some 13 billion years ago.

“It’s hard to even fathom,” the president said.

“These images are going to remind the world that America can do big things and remind the American people, especially our children, that there’s nothing beyond our capacity.”

Carina Nebula, a stellar nursery, is famous for its towering pillars that include “Mystic Mountain,” a three-light-year-tall cosmic pinnacle captured in an iconic image by Hubble.

Webb has also carried out a spectroscopy — an analysis of light that reveals detailed information — on a gas giant planet called WASP-96 b, which was discovered in 2014.

Nearly 1,150 light-years from Earth, WASP-96 b is about half the mass of Jupiter and zips around its star in just 3.4 days.

Nestor Espinoza, an STSI astronomer, told AFP that previous exoplanet spectroscopies carried out using existing instruments were very limited compared to what Webb could do.

“It’s like being in a room that is very dark and you only have a little pinhole you can look through,” he said of the prior technology. Now, with Webb, “You’ve opened a huge window, you can see all the little details.”

– Million miles from Earth –

Launched in December from French Guiana on an Ariane 5 rocket, Webb is orbiting the Sun at a distance of a million miles (1.6 million kilometers) from Earth, in a region of space called the second Lagrange point.

Here, it remains in a fixed position relative to the Earth and Sun, with minimal fuel required for course corrections. 

A wonder of engineering, the total project cost is estimated at $10 billion, making it one of the most expensive scientific platforms ever built, comparable to the Large Hadron Collider at CERN.

Webb’s primary mirror is over 21 feet (6.5 meters) wide and is made up of 18 gold-coated mirror segments. Like a camera held in one’s hand, the structure must remain as stable as possible to achieve the best shots.

Charlie Atkinson, chief engineer on the James Webb Space Telescope program at lead contractor Northrop Grumman, told AFP that it wobbles no more than 17 millionths of a millimeter.

After the first images, astronomers around the globe will get shares of time on the telescope, with projects selected competitively through a process in which applicants and selectors don’t know each other’s identities, to minimize bias.

Thanks to an efficient launch, NASA estimates Webb has enough propellant for a 20-year life, as it works in concert with the Hubble and Spitzer space telescopes to answer fundamental questions about the cosmos.

Webb telescope reveals deepest image of early universe

Humanity’s view of the distant cosmos will never be the same.

The James Webb Space Telescope, the most powerful to be placed in orbit, has revealed the clearest image to date of the early universe, going back 13 billion years, US space agency NASA said Monday.

The stunning shot, released in a White House briefing by President Joe Biden, is overflowing with thousands of galaxies and features some of the faintest objects observed, colorized in blue, orange and white tones.

Known as Webb’s First Deep Field, it shows the galaxy cluster SMACS 0723, which acts as a gravitational lens, bending light from more distant galaxies behind it towards the observatory, in a cosmic magnification effect.

Webb’s primary imager NIRCam — which operates in the near infrared wavelength spectrum because light from the early universe has been stretched out by the time it reaches us — has brought these faint background galaxies into focus.

Webb compiled the composite shot in 12.5 hours, achieving well beyond what its predecessor the Hubble Space Telescope could in weeks.

“Fantastic — galaxies upon galaxies upon galaxies,” Jonathan Lunine, chair of the astronomy department at Cornell University, told AFP, rejoicing with the rest of the global astronomy community.

“Even though this is by no means the farthest Webb can see, it’s the deepest image ever taken, and shows the power of this remarkable telescope: tremendous sensitivity, a broad range of wavelengths, and sharp image clarity.”

Avi Loeb, a professor of astronomy at Harvard, explained the reddish arcs are the ancient galaxies, while the light colored circles and ellipses belong to the younger galaxy cluster in the foreground.

He added he was “thrilled” about the idea of Webb looking even closer to the Big Bang, back some 13.8 billion years ago. 

– Stellar nursery –

The next set of images will be released Tuesday, revealing details about the atmosphere of faraway planets, “stellar nurseries” where stars form, galaxies locked in a dance of close encounters, and the cloud of gas around a dying star.

Biden conveyed a sense of awe that Webb is documenting universe imagery from some 13 billion years ago.

“It’s hard to even fathom,” the president said.

“These images are going to remind the world that America can do big things and remind the American people, especially our children, that there’s nothing beyond our capacity.”

Carina Nebula, a stellar nursery, is famous for its towering pillars that include “Mystic Mountain,” a three-light-year-tall cosmic pinnacle captured in an iconic image by Hubble.

Webb has also carried out a spectroscopy — an analysis of light that reveals detailed information — on a gas giant planet called WASP-96 b, which was discovered in 2014.

Nearly 1,150 light-years from Earth, WASP-96 b is about half the mass of Jupiter and zips around its star in just 3.4 days.

Nestor Espinoza, an STSI astronomer, told AFP that previous exoplanet spectroscopies carried out using existing instruments were very limited compared to what Webb could do.

“It’s like being in a room that is very dark and you only have a little pinhole you can look through,” he said of the prior technology. Now, with Webb, “You’ve opened a huge window, you can see all the little details.”

– Million miles from Earth –

Launched in December from French Guiana on an Ariane 5 rocket, Webb is orbiting the Sun at a distance of a million miles (1.6 million kilometers) from Earth, in a region of space called the second Lagrange point.

Here, it remains in a fixed position relative to the Earth and Sun, with minimal fuel required for course corrections. 

A wonder of engineering, the total project cost is estimated at $10 billion, making it one of the most expensive scientific platforms ever built, comparable to the Large Hadron Collider at CERN.

Webb’s primary mirror is over 21 feet (6.5 meters) wide and is made up of 18 gold-coated mirror segments. Like a camera held in one’s hand, the structure must remain as stable as possible to achieve the best shots.

Charlie Atkinson, chief engineer on the James Webb Space Telescope program at lead contractor Northrop Grumman, told AFP that it wobbles no more than 17 millionths of a millimeter.

After the first images, astronomers around the globe will get shares of time on the telescope, with projects selected competitively through a process in which applicants and selectors don’t know each other’s identities, to minimize bias.

Thanks to an efficient launch, NASA estimates Webb has enough propellant for a 20-year life, as it works in concert with the Hubble and Spitzer space telescopes to answer fundamental questions about the cosmos.

Lobbyist Mark MacGann comes out as Uber Files whistleblower

Lobbyist Mark MacGann on Monday came out as the whistleblower who leaked thousands of compromising documents on US ride-hailing firm Uber to British newspaper The Guardian.

MacGann led Uber’s lobbying efforts in Europe, Africa and the Middle East between 2014 and 2016. He told the British daily he decided to speak out because he believed Uber broke the law in dozens of countries and misled people about the company’s business model.

“I was the one talking to governments, I was the one pushing this with the media, I was the one telling people that they should change the rules because drivers were going to benefit and people were going to get so much economic opportunity,” the 52-year-old said in an interview with The Guardian.

“When that turned out not to be the case — we had actually sold people a lie — how can you have a clear conscience if you don’t stand up and own your contribution to how people are being treated today?”

Uber, which has become a symbol of the “gig economy” of odd-jobs enabled by tech giants, has had the mechanics of its rapid expansion laid bare since Sunday following the leak of a vast trove of documents.

Journalists supplied with the sensitive information have accused the company of having “broken the law” and using aggressive tactics to establish itself in the face of opposition from politicians and taxi companies. 

Uber said MacGann was “in no position to speak credibly” about the company now.

The firm added that it was “noteworthy” that MacGann only blew the whistle after he received 585,000 euros ($588,000) following a lawsuit over a bonus he said Uber owed him.

The Guardian has shared with the International Consortium of Investigative Journalists (ICIJ) some 124,000 documents, dating from 2013 to 2017, including emails and messages from Uber executives at the time, as well as presentations, notes and invoices. 

On Sunday, several news organisations, including the Washington Post, Le Monde and the BBC, published their first articles from the Uber Files.

Uber denied all the accusations against it, including obstructing justice, saying it had changed since the departure of former boss Travis Kalanick, who was accused of creating a toxic workplace culture.

– ‘Deeply unfair’ –

The firm has been embroiled in scandals involving harassment, piracy, industrial spying and legal battles since its creation in 2010.

Le Monde focused particularly on the links between Uber and French President Emmanuel Macron, who is accused of negotiating with the firm a “secret deal” on regulation when he was economy minister between 2014 and 2016.

Macron allegedly held undeclared meetings with Uber executives and helped it consolidate its position in France at a time when it was upending the traditional taxi market.

Irish-born MacGann told The Guardian that the ease with which Uber gained access to the powerful in countries including Britain, France and Russia was “intoxicating” but also “deeply unfair” and “anti-democratic”.

MacGann has also accused Uber of adopting a confrontational strategy towards the taxi industry under Kalanick that personally exposed him in France and Spain.

He said he received death threats and Uber provided him with a bodyguard, adding that the experience had consequences on his mental health and contributed to a diagnosis of post-traumatic stress disorder.

US hostage negotiator Richardson to seek Griner's release

The families of US basketball star Brittney Griner and former Marine Paul Whelan have asked veteran hostage negotiator Bill Richardson to seek their release from Russia, his office said Monday.

According to news reports, the former US governor and ambassador — who has negotiated the freedom of several Americans held prisoner by other countries — will travel to Russia in the coming weeks for talks.

Mickey Bergman, vice president of the Richardson Center for Global Engagement, would not confirm the reports. 

“What I can say is that both the Whelan and Griner families have asked us to help with the release of their loved ones,” he told AFP.

Richardson has had a record since the 1990s of negotiating the release of US citizens imprisoned in countries such as North Korea and Myanmar.

While he acts as a private citizen, his involvement usually has the tacit blessing of the US government.

He held discussions with Russian officials over the past two years for the release of another American, former US Marine Trevor Reed.

Reed was freed in April when the two governments agreed to swap him for Russian pilot Konstantin Yaroshenko, who was jailed in the United States for drug trafficking.

Asked about Richardson’s role, White House national Security Advisor Jake Sullivan said the administration had been in contact with him.

“President Biden is laser-focused on a government-to-government solution to this issue,” Sullivan told reporters.

“We are working directly with the Russian government through appropriate channels to try to bring a speedy resolution not just to her case, but to Paul Whelan’s case as well.”

– Held in Russia –

Griner, a two-time Olympic basketball gold medalist and WNBA champion who had played in Russia, was detained in February, just one week before Moscow launched its invasion of Ukraine.

The 31-year-old was charged with drug smuggling for possessing vape cartridges with cannabis oil.

On July 7, she pleaded guilty and now faces up to 10 years in a Russian prison.

Whelan, a security official at an auto parts company and a former US Marine, was arrested in Moscow in December 2018 for allegedly holding classified materials.

He was convicted of espionage in June 2020 and sentenced to 16 years in prison. 

Griner’s case has been enmeshed in the freeze in US-Russia relations since the invasion of Ukraine.

President Joe Biden was accused of ignoring her plight until he spoke on the phone last week with Griner’s wife. 

Shortly after that, Biden also spoke with members of Whelan’s family.

David Whelan, Paul’s brother, underscored that Richardson does not have a mandate from the Biden administration for negotiations.

“The hope is that Governor Richardson may be able to have discussions that are not possible when you are limited to governmental channels,” he told AFP.

After Griner’s conviction, former US ambassador to Russia Michael McFaul urged the Biden administration to exchange imprisoned Russian arms deal Viktor Bout for the two Americans.

“Tragically, the only leverage we have is a Russian in detention,” McFaul said Thursday on NBC News.

“Viktor Bout is a real criminal… and the Russians want him out,” said McFaul.

A swap “might be the only way to get Brittney Griner out as soon as possible,” he said.

Twitter stock sinks as Musk mocks lawsuit threat

Twitter shares plunged Monday as Elon Musk issued a mocking, defiant commentary about a looming court battle after he ditched a $44 billion buyout of the social media giant.

Shares of the microblogging platform fell 11.3 percent to finish at $32.65, with analysts saying Musk’s exit places the company in a vulnerable state at a challenging moment for its core business.

After weeks of threats, Musk on Friday pulled the plug on the deal, accusing Twitter of “misleading” statements about the number of fake accounts, according to a letter from his lawyers included in a US securities filing.

In his first public remarks since the announcement, Musk took to Twitter late Sunday night to troll the company after it said it would sue to enforce the deal. 

“They said I couldn’t buy Twitter. Then they wouldn’t disclose bot info. Now they want to force me to buy Twitter in court. Now they have to disclose bot info in court,” he wrote in a tweet, with each of the four statements accompanied by pictures of Musk laughing with increasing glee.

A second tweet showed an image of martial arts star Chuck Norris behind a chess board, which Musk captioned, “Chuckmate.”

Twitter offered a fresh rebuttal of its own late Monday, releasing a letter from its legal team to Musk’s lawyers that called the Tesla boss’s grounds for ending the deal “invalid and wrongful,” according to a securities filing.

“Twitter demands that Mr. Musk and the other Musk Parties comply with their obligations under the Agreement, including their obligations to use their respective reasonable best efforts to consummate and make effective the transactions contemplated by the Agreement,” said Twitter attorneys at Wachtell, Lipton, Rosen & Katz. 

The termination of the takeover agreement Musk inked in April sets the stage for a potentially lengthy court battle with Twitter, which initially opposed a transaction with the unpredictable billionaire entrepreneur.

The original merger agreement contained a $1 billion breakup fee.

Twitter has defended its fake account oversight and said it will sue to force Musk to complete the deal.

The social network says the number of fake accounts is less than five percent, a figure challenged by the multi-billionaire who believes the percentage to be much higher.

S&P Global Ratings said Musk’s latest move “carries multiple downside risks” for Twitter, pointing to the precariousness of company revenues tied to advertising given rising recession risk.

The ratings agency said there was risk from even a successful recouping of the $1 billion breakup fee. 

“While the breakup fee could be credit positive, we believe the negative publicity could harm Twitter’s relationships with its advertisers, employees, and investors in all possible scenarios,” S&P said.

– Future ‘in limbo’ –

The latest back-and-forth follows weeks of public squabbling between the sides after Musk amplified the fake accounts issue, causing some analysts to speculate that he was getting cold feet about the deal, which drew criticism from progressive advocacy groups concerned about his political agenda.

Musk’s norm-defying conduct has come as little surprise to longtime watchers of the Tesla and SpaceX chief, who are accustomed to a constant stream of statements that flout or test convention and sometimes provoke a crackdown from regulators.

Some market watchers predicted the deal would fall apart shortly after it was announced, but others still saw a way forward on Monday even in the wake of the latest happenings.

“While the two parties likely are facing a lengthy battle of which the final decision remains very uncertain, we believe Twitter may have the stronger case,” said Morningstar analyst Ali Mogharabi. 

“We also think that a scenario remains where Musk and Twitter reach a new, lower-price agreement.”

But Mogharabi lowered his estimate for Twitter shares to $47 from Musk’s bid price of $54.20, saying: “We expect Twitter will likely face distractions that set back its efforts to grow revenue and expand margins.”

For analyst Dan Ives at Wedbush Securities, “this is a ‘code red’ situation for Twitter and its Board as now the company will go head to head against Musk in a Game of Thrones court battle.”

“We see no other bidders emerging at this time while legal proceedings play out in the courts.”

Briefing.com called the disintegration of the Musk deal “a worst-case scenario for the company in the short-to-intermediate term,” putting Twitter’s “future in limbo and creating a massive distraction.”

Twitter stock sinks as Musk mocks lawsuit threat

Twitter shares plunged Monday as Elon Musk issued a mocking, defiant commentary about a looming court battle after he ditched a $44 billion buyout of the social media giant.

Shares of the microblogging platform fell 11.3 percent to finish at $32.65, with analysts saying Musk’s exit places the company in a vulnerable state at a challenging moment for its core business.

After weeks of threats, Musk on Friday pulled the plug on the deal, accusing Twitter of “misleading” statements about the number of fake accounts, according to a letter from his lawyers included in a US securities filing.

In his first public remarks since the announcement, Musk took to Twitter late Sunday night to troll the company after it said it would sue to enforce the deal. 

“They said I couldn’t buy Twitter. Then they wouldn’t disclose bot info. Now they want to force me to buy Twitter in court. Now they have to disclose bot info in court,” he wrote in a tweet, with each of the four statements accompanied by pictures of Musk laughing with increasing glee.

A second tweet showed an image of martial arts star Chuck Norris behind a chess board, which Musk captioned, “Chuckmate.”

Twitter offered a fresh rebuttal of its own late Monday, releasing a letter from its legal team to Musk’s lawyers that called the Tesla boss’s grounds for ending the deal “invalid and wrongful,” according to a securities filing.

“Twitter demands that Mr. Musk and the other Musk Parties comply with their obligations under the Agreement, including their obligations to use their respective reasonable best efforts to consummate and make effective the transactions contemplated by the Agreement,” said Twitter attorneys at Wachtell, Lipton, Rosen & Katz. 

The termination of the takeover agreement Musk inked in April sets the stage for a potentially lengthy court battle with Twitter, which initially opposed a transaction with the unpredictable billionaire entrepreneur.

The original merger agreement contained a $1 billion breakup fee.

Twitter has defended its fake account oversight and said it will sue to force Musk to complete the deal.

The social network says the number of fake accounts is less than five percent, a figure challenged by the multi-billionaire who believes the percentage to be much higher.

S&P Global Ratings said Musk’s latest move “carries multiple downside risks” for Twitter, pointing to the precariousness of company revenues tied to advertising given rising recession risk.

The ratings agency said there was risk from even a successful recouping of the $1 billion breakup fee. 

“While the breakup fee could be credit positive, we believe the negative publicity could harm Twitter’s relationships with its advertisers, employees, and investors in all possible scenarios,” S&P said.

– Future ‘in limbo’ –

The latest back-and-forth follows weeks of public squabbling between the sides after Musk amplified the fake accounts issue, causing some analysts to speculate that he was getting cold feet about the deal, which drew criticism from progressive advocacy groups concerned about his political agenda.

Musk’s norm-defying conduct has come as little surprise to longtime watchers of the Tesla and SpaceX chief, who are accustomed to a constant stream of statements that flout or test convention and sometimes provoke a crackdown from regulators.

Some market watchers predicted the deal would fall apart shortly after it was announced, but others still saw a way forward on Monday even in the wake of the latest happenings.

“While the two parties likely are facing a lengthy battle of which the final decision remains very uncertain, we believe Twitter may have the stronger case,” said Morningstar analyst Ali Mogharabi. 

“We also think that a scenario remains where Musk and Twitter reach a new, lower-price agreement.”

But Mogharabi lowered his estimate for Twitter shares to $47 from Musk’s bid price of $54.20, saying: “We expect Twitter will likely face distractions that set back its efforts to grow revenue and expand margins.”

For analyst Dan Ives at Wedbush Securities, “this is a ‘code red’ situation for Twitter and its Board as now the company will go head to head against Musk in a Game of Thrones court battle.”

“We see no other bidders emerging at this time while legal proceedings play out in the courts.”

Briefing.com called the disintegration of the Musk deal “a worst-case scenario for the company in the short-to-intermediate term,” putting Twitter’s “future in limbo and creating a massive distraction.”

US firefighters race to protect Yosemite's giant sequoias

Hundreds of firefighters scrambled Monday to prevent a wildfire engulfing an area of rare giant sequoia trees in California’s Yosemite National Park.

The Washburn fire, in the world-renowned Mariposa Grove of giant sequoias, was first reported on July 7 and doubled in size over the weekend to 2,340 acres (946 hectares), according to a park report.

Yosemite’s fire management service said 545 firefighters were battling the fire, including “proactively protecting” the grove — the largest group of sequoias in Yosemite, with over 500 mature trees.

The previously out-of-control blaze is now 25 percent contained, but the weather is expected to remain hot and dry for the next few days — conditions that do not help efforts to curb the flames.

“We are doing everything we can to put this fire out,” including deploying air tankers and helicopters along with ground crews, Nancy Phillipe, spokeswoman for Yosemite Fire Information, told AFP.

At the Mariposa Grove — which remains closed to the public due to the fire — crews worked to remove quick-burning leaves, sticks and branches as well as drenching the ground and giant sequoias. Large plumes of gray-white smoke were seen over the imposing trees.

The Yosemite fire service tweeted footage of emergency sprinklers set up specifically to douse the grove’s “Grizzly Giant” — the most renowned sequoia in the park, which is the second largest tree in Yosemite at 209 feet (63 meters), and one of the oldest.

Phillipe said the response team was “feeling confident that we’ve set up the trees for as much protection as we can” with the recent efforts, aided by previous prescribed burns.

– ‘A long season’ –

Giant sequoias are the world’s largest trees by volume. Their relatives, the California redwoods, can grow taller — well over 100 meters — but are not as wide.

Both species of tree are adapted to fires, with thick bark that protects them from heat and flames.

In their lifetimes, which are measured in thousands of years, they typically endure many fires, the heat from which helps their cones to open, allowing the seeds to disperse.

But longer, hotter and more aggressive fires can damage them, sometimes irreparably, and California has recently seen multiple severe fire seasons in a row.

Scientists say global warming, which is being driven chiefly by humanity’s unchecked burning of fossil fuels, is making extreme weather events more likely.

Last year, California and other parts of the western United States were ravaged by huge, hot and fast-moving wildfires, driven by years of drought and a warming climate.

Two of those fires in California burned 3,600 giant sequoias, each more than four feet (120 centimeters) in diameter. 

The year before, 10,000 of the giants — up to 14 percent of the world’s total — perished in another fire.

With drought and scorching temperatures, fire chiefs have warned of longer and longer fire seasons.  

More than 3,500 fires have been reported already by California state firefighters CalFire in 2022, burning an estimated 22,900 acres.

“It is only just the beginning of July,” said Phillipe, echoing concern at the lengthening seasons.

“Every year we say ‘wow this is going to be a long season,’ and the seasons are lasting longer and longer.”

Global stocks mostly fall ahead of key US inflation data

Global stock markets mostly fell Monday as investors digested fresh Covid-19 restrictions in China and braced for a key US inflation report, while the dollar strengthened against other currencies.

The euro continued to head towards parity against the dollar as the European Commission said it would again cut its growth forecast for the current year and hike expectations for inflation.

“It is no longer a question of if euro-dollar will fall to one, but more a question of how quickly and will it stop there,” City Index analyst Fiona Cincotta told AFP.

“With energy security concerns rising by the day in Europe, a recession seems almost impossible to avoid,” the expert said. 

At the same time, Friday’s strong US jobs report meant that an interest hike of a full percentage point “can’t be discounted,” Cincotta said. 

“The diverging economic outlooks and the significantly more hawkish Fed means that euro-dollar could comfortably fall below parity,” she said.

This week’s calendar includes the key US consumer price index reading for June, which will be scrutinized for clues about whether the Federal Reserve’s aggressive moves to tighten monetary policy will need to be extended.

OANDA analyst Craig Erlam felt it was “only a matter of time” until euro-dollar hits parity. 

While the European Central Bank is readying to raise interest rates for the first time in 11 years, “It’s offering little support for the single currency as any hikes will simply compound the economic misery at this point,” the analyst said. 

– China growth fears –

The prospect of another coronavirus lockdown sparked an equities sell-off in Hong Kong and Shanghai on Monday.

Hong Kong-listed casino operators were sharply lower after officials in Macau embarked on a week-long lockdown to curb its worst coronavirus outbreak.

There were also losses in Sydney, Seoul, Taipei, Manila, Mumbai, Jakarta and Wellington.

Shanghai recorded more than 120 virus cases at the weekend, having seen its first one of the highly contagious BA.5 Omicron strain, forcing officials to launch another mass testing drive.

With China fixated on its zero-Covid strategy, there is increasing concern that authorities will revert to another painful lockdown. Shanghai residents only emerged from a two-month confinement in June.

There have meanwhile been new infections uncovered in other parts of the country, including Beijing.

However, Tokyo rose as traders welcomed Japan’s ruling bloc securing a strong win in Sunday’s upper house election, held days after the assassination of former premier Shinzo Abe.

The result should provide the government with some stability, while there were also hopes for a cabinet reshuffle and economic stimulus.

Back on Wall Street, stocks closed firmly lower, with the S&P 500 shedding 1.2 percent.

Twitter sank more than 11 percent in the first session since Tesla Chief Executive Elon Musk notified the company he was withdrawing a $44 billion bid to acquire the social media platform.

– Key figures at around 2130 GMT –

New York – Dow: DOWN 0.5 percent at 31,173.84 (close)

New York – S&P 500: DOWN 1.2 percent at 3,854.43 (close)

New York – Nasdaq: DOWN 2.3 percent at 11,372.60 (close)

London – FTSE 100: UNCHANGED at 7,196.59 (close)

Frankfurt – DAX: DOWN 1.4 percent at 12,832.44 (close)

Paris – CAC 40: DOWN 0.6 percent at 5,996.30 (close)

EURO STOXX 50: DOWN 1.0 percent at 3,471.69 (close)

Tokyo – Nikkei 225: UP 1.1 percent at 26,812.80 (close)

Hong Kong – Hang Seng Index: DOWN 2.8 percent at 21,124.20 (close)

Shanghai – Composite: DOWN 1.3 percent at 3,313.58 (close)

West Texas Intermediate: DOWN 0.7 percent at $104.09 per barrel

Brent North Sea crude: UP 0.1 percent at $107.10 per barrel

Euro/dollar: DOWN at $1.0041 from $1.0185 on Friday

Pound/dollar: DOWN at $1.1892 from $1.2033 

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Iran to supply Russians with UAVs for Ukraine: White House

Iran is planning to supply hundreds of drones with combat weapon capabilities to Russia for use in Ukraine, a top US official said Monday.

Jake Sullivan, the White House national security advisor, said the information received by the United States supported views that the Russian military is facing challenges sustaining its weaponry after significant losses in Ukraine.

“The Iranian government is preparing to provide Russia with up to several hundred UAVs (unmanned aerial vehicles), including weapons-capable UAVs, on an expedited timeline,” Sullivan told reporters.

“Our information further indicates that Iran is preparing to train Russian forces to use these UAVs, with initial training sessions slated to begin as soon as early July,” he said.

Sullivan said it was not clear whether Iran had delivered any of the drones to Russia yet.

He noted that Iran’s drones have been used by the Houthi rebels in Yemen to attack Saudi Arabia.

Drones have played a crucial role on both sides of the war in Ukraine, for everything from firing missiles from a distance, to dropping small bombs on targets, to conducting reconnaissance for artillery forces and ground troops.

Ukraine’s forces have had particular success in using Turkish-made Bayraktar armed combat UAVs, and the United States and other allies have supplied Kyiv with many types of smaller drones.

“From our perspective, we will continue to do our part to help sustain the effective defense of Ukraine and to help the Ukrainians show that the Russian effort to try to wipe Ukraine off the map cannot succeed,” Sullivan said.

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