Gold surges to 6-month high, and analysts expect new records in 2023

US Top News and Analysis 

One kilo gold bars are pictured at the plant of gold and silver refiner and bar manufacturer Argor-Heraeus in Mendrisio, Switzerland, July 13, 2022.
Denis Balibouse | Reuters

LONDON — The price of gold notched a six-month high early on Tuesday, and analysts believe the rally has further to go in 2023.

Spot gold peaked just below $1,850 per troy ounce in the early hours, before easing off to trade around $1,834 per ounce by late-morning in Europe. U.S. gold futures were up 0.8% at $1,840.50.

Gold prices have been on a general incline since the beginning of November as market turbulence, rising recession expectations, and more gold purchases from central banks underpinned demand.

“In general, we are looking for a price friendly 2023 supported by recession and stock market valuation risks — an eventual peak in central bank rates combined with the prospect of a weaker dollar and inflation not returning to the expected sub-3% level by year-end — all adding support,” said Ole Hansen, head of commodity strategy at Saxo Bank.

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“In addition, the de-dollarization seen by several central banks last year when a record amount of gold was bought look set to continue, thereby providing a soft floor under the market.”

Looking ahead, Hansen suggested the key events for gold prices would be Wednesday’s minutes from the latest U.S. Federal Reserve meeting and Friday’s U.S. jobs report.

“Above $1842, the 50% [mark] of the 2022 correction, gold will be looking for resistance at $1850 and $1878 next,” Hansen added.

New all-time high in 2023?

Much of the 2023 outlook for global markets hinges on the trajectory of monetary policy as central banks ease off the aggressive interest rate hikes of the past year amid slowing economic growth and possible recessions.

Economists are divided as to whether this will culminate in rate cuts by the end of the year, however, as inflation is expected to remain well above the target range in most major economies.

A full dovish pivot by central banks this year would likely have major implications for gold prices, according to strategists.

VIDEO2:1002:10
Gold could see ‘Goldilocks conditions’ in 2023, strategist says

Eric Strand, manager of the AuAg ESG Gold Mining ETF, said last month that 2023 would yield a new all-time high for gold and the start of a “new secular bull market,” with the price exceeding $2,100 per ounce.

“Central banks as a group have continued, since the great financial crisis, to add more and more gold to their reserves, with a new record set for [the third quarter of] 2022,” Strand said.

“It is our opinion that central banks will pivot on their rate hikes and become dovish during 2023, which will ignite an explosive move for gold for years to come. We therefore believe gold will end 2023 at least 20% higher, and we also see miners outperforming gold with a factor of two.”

VIDEO2:0102:01
Rebound in demand for gold from India and China, says Standard Chartered

The bullion bullishness was echoed toward the end of last year by Juerg Kiener, managing director and chief investment officer at Swiss Asia Capital, who told CNBC last month that the current market conditions mirror those of 2001 and 2008.

“In 2001, the market didn’t just move 20 or 30%, it moved a lot, the same in 2008 when we had actually a smaller sell-off in the market and the stimulus coming back in, and gold went from $600 to $1,800 in no time, so I think we have a very good chance that we see a major move,” Kiener told CNBC’s “Street Signs Asia” in late December.

“It is not going to be just 10 or 20%, I think I’m looking at a move which will really make new highs.”

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Most creepy iPhone setting needs to be adjusted

Latest & Breaking News on Fox News 

Every app on your iPhone comes with a certain set of permissions depending on what the app is used for.

CLICK TO GET KURT’S CYBERGUY NEWSLETTER WITH QUICK TIPS, TECH REVIEWS, SECURITY ALERTS AND EASY HOW-TO’S TO MAKE YOU SMARTER

For example, Instagram will ask permission to access your camera and photos app so you can take and post pictures, while WhatsApp will ask for access to your microphone to send voice notes.

Some apps take it further asking for your “precise” location. It’s imperative to know what exactly they’re asking you for.

What’s the difference between precise and approximate location?

Apps within Apple devices have two different location options that they might ask permission for. One is your approximate location, which just gives an app a general area where you’re located (i.e. Chicago). You might grant permission to access your approximate location to an app that you use to find cool restaurants near you so that it can give you proper recommendations.

HAVE A SPY ON YOUR PHONE? TAKE STEPS NOW!

The other location option you can grant access to is your precise location, which is the exact address of where you are currently. An app like Uber, for example, will need your precise location so that your driver can pick you up at the right place. 

Some apps will automatically begin using your precise location without your knowledge, and you should always be in control of what apps have this information readily available. Luckily, there is a way for you to adjust which apps have access to your precise location and which do not.

How do I turn off my precise location?

Turning off your precise location for certain apps is pretty simple as long as you follow these steps:

How do I know if using Precise Location is safe?

You can use your judgment when it comes to giving an app permission to your precise location. Ultimately, it’s about as trustworthy as the app itself. If you’re using an app like Uber or Lyft, where it’s necessary to give them your precise location, it’s safe to assume that you’re not at risk. 

IPHONE ACCESSORIES: HERE ARE 5 OF THE BEST FOR 2023

Double-check all your apps and see which ones you’re comfortable giving your precise location to. It’s ultimately better to not share your precise location with too many apps, as it is your personal data that you’re giving away, but the decision is yours to make.

For more on Apple’s next big thing, head over to CyberGuy.com and search “Apple” by clicking the magnifying glass at the top of my website. And be sure to subscribe to my free CyberGuy Report Newsletter by clicking the “Free newsletter” link at the top of my website.

Copyright 2023 CyberGuy.com. All rights reserved. CyberGuy.com articles and content may contain affiliate links that earn a commission when purchases are made.

 

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Bills share update on Hamlin’s scary collapse, Idaho suspect’s lawyer drops bombshell and more top headlines

Latest & Breaking News on Fox News 

‘CRITICAL CONDITION’ – Buffalo Bills provide update on safety Damar Hamlin after his terrifying on-field collapse. Continue reading …

‘SIGN OF GUILT’ – Idaho suspect’s lawyer drops bombshell about cross-country trip home. Continue reading …

NOTHING LIKE IT – NFL exec says Hamlin’s collapse sent shockwaves through the league. Continue reading …

FREAK SNOWPLOW ACCIDENT – Jeremy Renner’s injuries detailed as actor recovers after undergoing surgery. Continue reading …

POPULATION PESSIMISM – ‘60 Minutes’ uses failed doomsday biologist to predict human ‘extinction.’ Continue reading …

LEADERSHIP BACKLOG? – GOP faces delay in unlocking full powers of House if McCarthy cannot clinch speakership. Continue reading …

‘DISAPPEARED’ – Trump blames pro-life Republicans for midterm loss. Continue reading …

TOP DOGS – Rising political stars on the right and left: 12 people to watch in 2023. Continue reading …

‘WATERS OF THE UNITED STATES’– Biden admin quietly reinstates ‘overreaching’ EPA rule potentially regulating ‘puddles and ditches.’ Continue reading …

Click here for more cartoons…

GOP ‘MELTDOWN’ – Newt Gingrich sounds alarm over opposition to Kevin McCarthy’s speaker bid. Continue reading …

EMBARRASSING HEADLINES – ABC, NPR, CNN, NBC, Washington Post among media outlets that had gaffes, scandals and debacles in 2022. Continue reading …

‘NOBODY GIVES A DAMN’ – Ex-Home Depot CEO blasts ‘socialism’ for killing the US work ethic. Continue reading …

‘PART OF THE SWAMP CARTEL’ – Virginia GOP congressman Bob Good vows he will not support McCarthy for House speaker. Continue reading …

 

‘YOU DESERVE IT ALL’ – Equinox’s anti-New Year’s resolution campaign causes social media uproar. Continue reading …

STARS BEHIND BARS – Todd and Julie Chrisley’s fate in prison plus other celebrities who have served. Continue reading …

‘DISPLAY COMPETENCY’ – Five things House Republicans must do in 2023 with new majority. Continue reading …

GENEROUS OUTPOURING – Buffalo Bills safety Damar Hamlin’s charity receives millions in donations after on-field collapse. Continue reading …

 

WATCH: Kevin McCarthy facing opposition in bid for House speakership. See video …

WATCH: New Texas Rep. Wesley Hunt says DHS Secretary Mayorkas ‘better be ready’ for hearings. See video …

 

What’s it looking like in your neighborhood? Continue reading…

  

  

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Stunt and rally driver Ken Block killed in snowmobile accident

Latest & Breaking News on Fox News 

Famed stunt and rally driver Ken Block was killed in Utah on Monday when the snowmobile he was riding up a steep slope flipped on top of him, authorities said.

Block was widely known for his viral “Gymkhana” video series, which featured elaborate stunt driving routines in custom cars and were often set on the streets of major cities including San Francisco, Dubai and Los Angeles.

The 55-year-old made a fortune as one of the founders of DC Shoes, which he promoted through driving exploits that included a successful rally racing career.

Block went on to start the Hoonigan automotive lifestyle and apparel brand.

KEN BLOCK’S “CLIMBKHANA” IS A RACE TO THE CLOUDS LIKE NEVER BEFORE

“It’s with our deepest regrets that we can confirm that Ken Block passed away in a snowmobile accident today,” Block’s Hoonigan said in a statement on its website.

“Ken was a visionary, a pioneer and an icon. And most importantly, a father and husband. He will be incredibly missed.”

Block and his wife Lucy have three daughters, including 16-year-old Lia who was following in her father’s footsteps as a performance car builder and driver. His final social media post was a promotion for Lia’s latest video, which was scheduled to premiere on Tuesday.

In late December, Block posted photos of snowmobiles and other off-road vehicles used on his ranch in Wasatch County, Utah.

“Block was riding with a group but was alone when the accident occurred,” according to a Wasatch County Sheriff’s office statement.

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“We are saddened to hear of the loss of Kenneth and our hearts are with his family and friends so deeply affected. We thank all of our first responders for their continued service.”

Block had handed off the “Gymkhana” series in 2020 to action sports star and longtime friend Travis Pastrana, who released the latest episode in December.

“This year, Ken was so happy. At the races, he was happy to be racing with Lucy and to have his daughter racing and to have his kids at most of the races,” Pastrana told ESPN.

“Few people get to the point in their lives where everything comes together, and to have it all taken away like this is devastating.”

 

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Opinion: Mitch McConnell is making Senate history

Editor’s Note: Scott Jennings, a CNN senior contributor and Republican campaign adviser, was a former special assistant to President George W. Bush and a former campaign adviser to Sen. Mitch McConnell. He is a partner at RunSwitch Public Relations in Louisville, Kentucky. Follow him on Twitter @ScottJenningsKY. The opinions expressed in this commentary are his own. View more opinion on CNN.



CNN
 — 

On Tuesday, Sen. Mitch McConnell of Kentucky becomes the longest-serving party leader in Senate history, passing the late Mike Mansfield of Montana, who was Democratic leader from 1961 to 1977.

McConnell’s most recent term atop the Senate GOP conference was won on a 37-10 vote, a continued display of political dominance quite unusual these days in Washington.

Scott Jennings

I’ve known, worked for and most recently observed McConnell as a political analyst for over 25 years. His ability to maintain his leadership position in a party that has undergone such turbulent change is fascinating. Many politicians have come and gone during his tenure, while others have spun like weather vanes in a futile attempt to keep up.

But the stoic and understated McConnell changes little, which serves as a source of frustration for his enemies, not to mention for more than a few of his fellow Republicans and the reporters assigned to cover our democracy.

I’ve often heard McConnell remark that when he took office in January 1985, he would peer over his desk from a dark corner of the Senate and think, “None of these people are ever going to die, quit or get beat.” He wondered often if his tenure would be one of longevity and consequence, or a short-lived trip on the backbench.

Indeed, McConnell has become one of the most consequential political figures in American history. His longevity and deal-making abilities draw comparisons to his idol, Henry Clay, a fellow Kentuckian who served as US senator, House speaker and secretary of state.

Unlike Clay, however, McConnell never pined for the presidency. Rather, he set out to master the greatest deliberative body in the world. From the back row, McConnell moved up, building a reputation as a campaign street fighter and savvy operator. He won two hard-fought reelections in 1990 and 1996 (Kentucky was still a blue state back then) and then worked his way up to become Republican leader in January 2007 following stints as the Senate GOP’s campaign chief and conference whip.

McConnell’s initial and most recent elections as party leader both came during moments of turmoil for the GOP. He ascended the top spot 16 years ago after Republicans took a “thumping” in the 2006 midterms, as then-President George W. Bush put it.

And in 2022, Republicans failed to regain the majority as Senate Democrats rode former President Donald Trump’s bizarro coattails to pick up one seat, relegating avid football fan McConnell to another term as, in the GOP leader’s words, “defensive coordinator.”

McConnell has never had it easy. Of his 16 years as Republican leader, two came under a lame-duck Bush, four under an erratic Trump and the rest under Democratic Presidents Barack Obama and Joe Biden. He never had more than 54 Republicans (and as few as 40) during his tenure, while the previous record-holder Mansfield never had fewer than 54 Democrats and usually had well over 60, the Senate’s magic number to establish complete political power.

What McConnell has accomplished, he’s done so with thin margins and often from a politically weak position. He achieves gains for his party where he can (the most recent omnibus spending bill scored massive increases in defense spending, for instance) but never lets his partisanship or ideology outweigh his governing responsibilities.

His operating protocol is to achieve the most conservative legislative outcome within the given circumstances, a strategy that has smashed headlong into the strident revolutionaries in his party who prefer no outcomes beyond scoring the next cable TV booking.

McConnell elicits hatred from his political opponents because they rarely can get the best of him. Many Kentucky Democrats hated him first, having failed to oust him seven times.

A number of the political press came next. In my experience observing McConnell, his efforts to stop campaign finance reform and his unwillingness to freewheel with journalists in congressional hallways seemed to put off some reporters.

Washington Democrats are not to be outdone. Their resentment of McConnell securing three Supreme Court seats during Trump’s tenure serves as an eternal flame of rage to light their party’s way, not to mention their frustrations at his use of Senate rules to thwart parts of their agenda.

For many Democrats, McConnell’s holding Justice Antonin Scalia’s seat open in 2016 but filling Justice Ruth Bader Ginsburg’s seat in 2020, despite both Supreme Court vacancies occurring during presidential campaigns, is particularly infuriating. McConnell drew a distinction between whether government was divided at the time (it was in 2016 but not in 2020); Democrats, of course, did not. Either way, these were among the most consequential decisions of McConnell’s career.

Lately, the populist right has come for McConnell, accusing him of not wanting to win the 2022 midterms. McConnell-affiliated groups were on track shortly before the election to raise and spend more than $380 million. Trump, in comparison, spent around $20 million from his personal war chest despite having plenty more in the bank and a large hand in determining the GOP’s general election roster. This criticism must make for a hilarious joke in the Democratic cloakroom.

Trump is put out with McConnell for not going along with the former President’s election denialism, issuing hateful statements about him and launching a racist tirade against his wife, Elaine Chao, who was transportation secretary in Trump’s Cabinet.

McConnell refuses to respond, clearly because he understands the adage about the futility of wrestling pigs in the mud — and perhaps because he takes some pleasure in ignoring such a self-absorbed narcissist.

Depending on whom you ask, McConnell is either too conservative, too liberal, too partisan or not partisan enough. The sands of politics have washed in and out with the tide since McConnell became leader, but only our perspective has changed. McConnell hasn’t moved much at all. He’s not a showman, and he’s not much bothered by media criticism. To some, that makes him ill-suited for politics during this performative age.

But to this observer, it seems that our democracy needs at least a few sturdy trees whose roots run deeper than the latest ideological fad or conspiracy theory.

It was inevitable that an institution and an institutionalist such as McConnell would eventually become the object of scorn for the burn-it-all-down populists who wield increasing influence in American politics. A recent polling analysis published in The Washington Post found that, since 2018, “Republicans lost confidence in every institution that we asked about except one: the local police. …”

But McConnell believes deeply in two things: the role of strong institutions in our society, and that America, civilly and militarily, is a force for good in the world.

While Trump and his offshoots thrive on weak institutions and the utopian promises of isolationism, America, historically, has not. Their view is that the US cannot be strong at home if it pursues policies that make it strong abroad.

“On this mistaken view, courage and compassion are polar opposites,” McConnell said in a December speech to the US Global Leadership Coalition. “They see strength and sympathy as opposite ends of a spectrum. In this perspective, hard power and soft power are rivals, and prioritizing our interests is mutually exclusive with prioritizing our values.

“But here’s the good news: The entirety of American history tells us that is completely and totally wrong.”

This unfolding battle in the Republican Party will perhaps define the final chapter of McConnell’s long career as GOP leader. Will Trump return? Will the GOP succumb to isolationism and a wrongheaded view that America can only walk or chew gum, but certainly not both at the same time?

While this debate rages over the course of an upcoming presidential primary, McConnell will surely have no intention of changing or going anywhere. He’s got four years left on his current Senate term, and he has seemed to me in recent conversations as engaged and determined as ever to press his worldview forward.

His battle with Sen. Rick Scott of Florida over the GOP conference leadership position was invigorating to McConnell, and his recent public statements show an intention to restore a winning attitude to a party that hasn’t won much at all lately.


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McCarthy's bet on Trump has yet to pay off as he scrambles for speaker's gavel



CNN
 — 

Being “My Kevin” isn’t counting for much yet.

Kevin McCarthy’s failure to lock down the votes to become speaker is casting new scrutiny on his decision to tie his fate to Donald Trump.

That’s because the ex-president’s use of the midterm elections as a stage for his voter fraud falsehoods alienated many voters and landed the Republican House leader with a tiny majority that has made his campaign for the top job such a squeaker.

McCarthy endured scorn and ridicule when he rushed to Mar-a-Lago days after the US Capitol insurrection two years ago to embrace Trump – living up to that “My Kevin” nickname coined by the former president.

The Faustian pact was clear – make up with the insurrectionist former commander in chief in exchange for Trump’s support of the speakership that McCarthy had long craved.

But the California Republican is having trouble collecting on his bet. While most House Republicans overwhelmingly want him as their leader, the holdouts stand between him and power.

In a chaotic, dysfunctional start to the new Congress, McCarthy risks humiliation Tuesday in a House speaker election unless he can convince a handful of extreme conservatives to drop their opposition to his candidacy.

But even Trump has been unable to convince the holdouts, including several of his most bombastic supporters, like Reps. Matt Gaetz of Florida and Andy Biggs of Arizona, to get behind the California lawmaker and push him over the line.

“Even after the McCarthy Machine’s attempts to whip votes and smear my name for several weeks, McCarthy is still well short of the 218 threshold,” Biggs, who is making a longshot bid for speaker, tweeted on Monday evening that it was time for new GOP leadership.

Such is the hostility toward McCarthy from the radicals that even Trump loyalists like Reps. Jim Jordan of Ohio and Marjorie Taylor Greene of Georgia, who back him for speaker, have failed to break the dam.

McCarthy’s struggle comes despite his repeated capitulations to the demands of the hardliners, including on a rule that makes it easier to topple a speaker, that may have already neutered his power even if he does manage to win the job.

McCarthy’s plight is partly his own fault – since he spent years appeasing the kind of Nihilistic right-wingers that may blow up his dreams of the speaker’s gavel.

But his difficulties also come with a large helping of irony. He’s only in such a tight spot because the incoming House GOP majority is so small and is thus offering leverage to critics who would be outnumbered in a larger Republican conference. And the main reason why the midterm election red wave didn’t materialize was because voters in many seats McCarthy expected to win balked at the election denialism and extremism represented by Trump.

And now, with Trumpism effectively returning to power in one half of the capital, McCarthy can only afford to lose four votes and still win the speakership election. As of Monday, five Republicans were in a “Never Kevin” group refusing to vote for him. A further nine, including a number of high-profile Trump supporters, had said in a Sunday letter that some of McCarthy’s concessions were insufficient.

McCarthy is threatening he will take the race to multiple ballots – in a spectacle not seen in a century – to grind his critics down. The veteran Californian representative, who has a reputation as a shrewd power player inside the GOP, is also helped by the lack of any viable alternative candidate.

But his plan still may not work.

“I think it’s possible he will not be the next speaker,” former Republican Rep. Charlie Dent of Pennsylvania told CNN on Monday, outlining an extraordinary possible scenario that would not only mean a heartbreak for McCarthy but would show the new GOP majority is hostage to its zealots and augur a riotous two years ahead.

This is especially daunting since the House faces a set of looming crises in the new reality of divided government – including an expected standoff over raising the government’s borrowing authority that could send the United States into default if it is not elevated.

Such a politicized House could also spell new trouble for Republicans’ hopes of clinging to their majority in 2024 since their path to power lay not in deep-red Trump country, but through seats formerly held by Democrats in states like New York and California, where voters could be alienated by a House playing Trump-style circus politics.

Publicly, McCarthy is defiant. He has spent years working toward the speaker’s chair at countless state Republican Party dinners, by selecting and backing candidates and through raising tens of millions of dollars for them and the party. He told CNN’s Manu Raju on Monday: “We are going to have a good day tomorrow.”

But even if he ultimately prevails, his big moment has been tarnished by the kind of political chaos that raged untamed during the Trump administration – and could play into Democratic claims the GOP remains unfit to govern.

Ostensibly, the gang of five GOP hardliners wants to make it easier to oust a sitting speaker. It is calling for more time to scrutinize legislation and hopes to sharpen what are already looking like relentless efforts by the new House to hound the White House and President Joe Biden and his family with investigations. And far-right members also hope to bar leadership from wielding its influence in primaries ahead of the 2024 election in order to clear the way for more purist MAGA candidates.

Critics accuse McCarthy of being a creature of the “swamp” and say they don’t trust him, despite his repeated genuflections toward Trump – including an effort to whitewash the ex-president’s record on the January 6, 2021, insurrection by killing off a plan for an independent commission and his recent misrepresentation of Trump’s comments after he dined with Holocaust denier Nick Fuentes at his Florida resort.

But more broadly, lawmakers like Gaetz, Biggs and Reps. Ralph Norman of South Carolina, Bob Good of Virginia and Matt Rosendale of Montana appear to be on a more emotionally driven mission to fulfill the desires of far-right “Make America Great Again” voters to destroy what they see as the establishment and to make traditional governance impossible – much as Trump was himself in the 2016 campaign.

It’s therefore hard to see whether the concessions demanded of McCarthy will ever end and whether he could ever do anything, ultimately, to satisfy his foes.

While several of Trump’s most loyal backers are standing in McCarthy’s way, the ex-president has supported his speakership bid, telling his foot soldiers in the House to get behind McCarthy.

“I’m friendly with a lot of those people who are against Kevin. I think almost every one of them are very much inclined toward Trump, and me toward them,” Trump told Breitbart in an interview in December. “But I have to tell them, and I have told them, you’re playing a very dangerous game,” he added.

The ex-president appears to believe that if McCarthy is defeated, Republicans could end up with a speaker who is less beholden to him or one who is more moderate – a key consideration as he seeks to revive his so-far lackluster 2024 White House bid and faces the possibility of indictment in several Justice Department criminal probes.

But at the same time, loyalty is often a one-way street for Trump. If he founders, McCarthy would not be the first big-time Washington player to sacrifice his career and reputation by association with the former president.

Perhaps Trump comes out ahead whatever happens.

Any alternative speaker who does make it past Gaetz and the gang of five is still likely to be firmly in the ex-president’s orbit. And if McCarthy is elected speaker, he will have key Trump figures like Greene and Jordan – whom he courted and rewarded with growing power – to thank for it.

So, in a way, for Trump, this is case of “heads I win, tails you lose.”

source

Year of exonerations: The individuals whose names were cleared in 2022 after being wrongfully convicted

Latest & Breaking News on Fox News 

“Never would I have thought I would spend more than half my life in prison, especially for something I didn’t do.” 

That is what Darrell Lee Clark said after he was exonerated along with Cain Joshua Storey for the 1996 murder of their friend, 15-year-old Brian Bowling. The pair’s innocence came to light after the true crime “Proof Podcast” uncovered evidence that police had coerced a main witness into giving false statements, and prosecutors misrepresented another witness who has hearing and speech impairments. 

Clark and Storey are just two of 261 individuals who were exonerated in 2022 for crimes they did not commit, according to a database maintained by law schools at Michigan State University and the University of Michigan, along with the University of California-Irvine’s Newkirk Center for Science & Society. 

Here is a look at Clark and Storey’s case, and other notable exonerations that cleared the names of the wrongfully convicted in 2022. 

Bowling died from a gunshot wound to the head inside his own bedroom in 1996. Shortly before his death, he told his girlfriend over the phone that he was playing Russian roulette with a gun that Storey brought over to his house, according to the Georgia Innocence Project. 

Clark and Storey initially faced manslaughter charges, but detectives turned it into a murder investigation months later. Police interviewed a neighbor who said Clark and Storey attended a party at her house months after Bowling’s death and admitted that they murdered him because he knew too much about a theft they had supposedly committed. 

BIGFOOT, BEES, AND BODIES: THE WEIRDEST AND MOST BIZARRE CRIME STORIES OF 2022

Podcast hosts Susan Simpson and Jacinda Davis took a closer look at the case in 2021 and discovered that the neighbor, a key witness, was coerced into giving false statements. Police allegedly threatened to take the neighbor’s children away from her, according to the Georgia Innocence Project. 

At a hearing for a new trial on Dec. 8, the Rome Judicial Circuit District Attorney’s Office agreed that the convictions should be overturned, setting Clark and Storey free for the first time in a quarter-century. 

“You never think something like that is going to happen to you,” Clark said in a statement after the hearing, thanking the Georgia Innocence Project and Proof Podcast hosts for their work on his case. “I’m just glad the truth finally came to light after 25 years.”

Adnan Syed, who was convicted of the 1999 murder of his ex-girlfriend, Hae Min Lee, was freed from prison in September 2022 after Baltimore prosecutors uncovered new evidence in the case. 

Like Clark and Storey’s case, his murder conviction received renewed interest after it was featured on a podcast. 

A LOOK BACK AT 2022: FIVE OF THE TOP COLD CASES SOLVED

The “Serial” podcast raised doubts about Syed’s guilt in 2014, eventually becoming the most downloaded podcast of all time. 

In September 2022, prosecutors filed a motion highlighting new evidence, including the possibility of other suspects; one who had allegedly threatened to kill Lee and another who is linked to an address where Lee’s car was ultimately discovered. 

Baltimore State’s Attorney Marilyn Mosby also said after the conviction was overturned that her office used “advanced DNA to determine it was not Adnan Syed,” noting that DNA technology has advanced greatly in the past two decades. 

“The state no longer has confidence in the integrity of the conviction,” prosecutors told the court. 

Joaquin Ciria, 61, was freed from prison in April 2022 after more than three decades behind bars for a murder that prosecutors no longer believe he committed. 

“Thirty-two years ago, you were taken away from your wife and your baby, and that is because the system failed you catastrophically,” Lara Bazelon, the chair of the San Francisco District Attorney’s Innocence Commission, said at a news conference after his release. “Now at long last, you have a chance to take back your life.”

CAMPUS CRAZINESS: TOP 5 COLLEGE STORIES OF 2022

Ciria was sentenced to life in prison in 1990 for the fatal shooting of Felix Bastarrica. Prosecutors re-examined the case starting in 2020 and found “a cascade of errors,” including evidence that police coerced a teenage witness. 

Bazelon also said two witnesses who could have vouched that Ciria was home at the time of the shooting were never called to testify. 

Ciria’s case was the first exoneration secured by San Francisco’s Innocence Commission. 

Judges, prosecutors and defense attorneys are mainly concerned with exonerating the innocent while those individuals are still alive, but occasionally they reach back further to right historic wrongs. 

In the case of Elizabeth Johnson, Jr., the wheels of justice went back more than three centuries. 

Johnson was just 22 years old when she was wrongfully convicted of witchcraft and sentenced to death in 1693, one of dozens of people impacted by the Salem witch trials. By the time the hysteria ended, 20 people were executed, but Johnson’s life was spared. 

A middle school civics class in Andover researched Johnson, the last-known Salem witch, inspiring state Sen. Diana DiZoglio to draft a bill that would clear Johnson’s name. 

The bill was passed by the state legislature and signed by Massachusetts Gov. Charlie Baker in July, officially clearing Johnson’s name 329 years later. 

Fox News’ Michael Ruiz, Ronn Blitzer, Chris Pandolfo, and Stephanie Pagones contributed to this report.

 

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Ukraine claims hundreds of Russian troops killed in strike; Moscow says 63 died



CNN
 — 

An apparent Ukrainian strike in Russian-occupied eastern Ukraine appears to have killed a large number of Russian troops, according to the Ukrainian military, pro-Russian military bloggers and former officials.

The strike took place just after midnight on Sunday, New Year’s Day, on a vocational school housing Russian conscripts in Makiivka, in the Donetsk region, according to both Ukrainian and pro-Russian accounts.

The attack has led to vocal criticism of Moscow’s military from pro-Russian military bloggers, who claimed that the troops lacked protection and were reportedly being quartered next to a large cache of ammunition, which is said to have exploded when Ukrainian HIMARS rockets hit the school.

The Ukrainian military said later on Monday that the number of Russian servicemen killed in Makiivka is “being clarified” after claiming earlier that around 400 Russian soldiers were killed and a further 300 were wounded. It has not directly acknowledged a role in the strike. CNN cannot independently confirm those numbers or the weapons used in the attack.

Some pro-Russian military bloggers have also estimated that the number of dead and wounded could run in the hundreds.

The Russian defense ministry on Monday acknowledged the attack and claimed that 63 Russian servicemen died, which would make it one of the deadliest single episodes of the war for Moscow’s forces.

Russian senator Grigory Karasin said that those responsible for the killing of Russian servicemen in Makiivka must be found, Russian state news agency TASS reported Monday.

Karasin, who is chairman of the International Affairs Committee of the Federation Council, said the deaths should not be forgotten.

Video reportedly from the scene of the attack circulated widely on Telegram, including on an official Ukrainian military channel. It shows a pile of smoking rubble, in which almost no part of the building appears to be standing.

“Greetings and congratulations” to the separatists and conscripts who “were brought to the occupied Makiivka and crammed into the building of vocational school,” the Strategic Communications Directorate of the Chief Commander-in-Chief of the Armed Forces of Ukraine said on Telegram. “Santa packed around 400 corpses of [Russian soldiers] in bags.”

The Russian defense ministry said the Ukrainian attack used US-made HIMARS rockets.

Daniil Bezsonov, a former official in the Russia-backed Donetsk administration, said on Telegram that “apparently, the high command is still unaware of the capabilities of this weapon.”

“I hope that those responsible for the decision to use this facility will be reprimanded,” Bezsonov said. “There are enough abandoned facilities in Donbas with sturdy buildings and basements where personnel can be quartered.”

A Russian propagandist who blogs about the war effort on Telegram, Igor Girkin, claimed that the building was almost completely destroyed by the secondary detonation of ammunition stores.

“Nearly all the military equipment, which stood close to the building without the slightest sign of camouflage, was also destroyed,” Girkin said. “There are still no final figures on the number of casualties, as many people are still missing.”

Girkin has long decried Russian generals whom he claims direct the war effort far from the frontline, calling them “unlearned in principle” and unwilling to listen to warnings about putting equipment and personnel so close together in HIMARS range. Girkin was previously minister of defense of the self-proclaimed, Russian-backed Donetsk People’s Republic, and was found guilty by a Dutch court of mass murder for his involvement in the downing of Malaysia Airlines Flight 17 over eastern Ukraine in 2014.

A Russian defence ministry spokesperson talks about the Makiivka shelling in Moscow, Russia, on January 2.

Sergey Markov, another pro-Russian military blogger, said there was “a great deal of sloppiness” on the part of the Russian command.

Boris Rozhin, who also blogs about the war effort under the nickname Colonelcassad, said that “incompetence and an inability to grasp the experience of war continue to be a serious problem.”

“As you can see, despite several months of war, some conclusions are not made, hence the unnecessary losses, which, if the elementary precautions relating to the dispersal and concealment of personnel were taken, might have not happened.”

Donetsk has been held by pro-Russian separatists since 2014 and it is one of four Ukrainian regions that Moscow sought to annex in October in violation of international law.

The news comes after the Ukrainian military claimed that more than 700 Russian soldiers had been killed Saturday, but did not specify where.

Russian forces “lost 760 people killed just yesterday, (and) continue to attempt offensive actions on Bakhmut,” the military’s general staff said Sunday.

Russian units have been pressing an offensive towards the city of Bakhmut in Donetsk for months but have suffered heavy losses as Ukrainian forces have targeted them in what is largely open rural territory.

Air raid sirens sounded across Ukraine over the weekend as fresh rounds of Russian missile strikes hit several regions. The attacks killed at least six people in the Donetsk, Kharkiv and Chernihiv regions, while a man was injured early Monday.

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[Sport] UFC president Dana White and wife sorry after hitting each other in Mexico

BBC News world-us_and_canada 

Dana White (centre) says he and his family were in Cabo San Lucas, Mexico to celebrate New Year’s Eve on Saturday

UFC president Dana White says he and his wife have apologised to each other after a “horrible” incident in which they slapped each other in the face.

White, 53, and his wife Anne, were in a nightclub in Mexico on New Year’s Eve when the altercation took place.

“There was a lot of alcohol involved, but that’s no excuse,” White told TMZ.

“You’ve heard me say for years, ‘there’s never ever an excuse for a guy to put his hands on a woman,’ and now here I am on TMZ talking about it.”

A video, released by TMZ,external-link showed White and his wife standing on the balcony of a VIP room at El Squid Roe in Cabo San Lucas.

Following what looked like heated words between the two, Anne hit White across the face after he grabbed her left wrist. White then retaliated by striking his wife before other members of the party intervened.

White said he and his wife had apologised to their three children.

He added: “My wife and I have been married for almost 30 years, we’ve known each other since we were 12 years old.

“This is one of those situations that is horrible; I’m embarrassed. Right now, we’re more concerned about our kids.

“Since the video popped up, we’ve shown the kids the video. We’re more focused on our family right now.”

White helped convince brothers Lorenzo and Frank Fertitta to purchase the UFC for $2m in 2001, at which time White was named president of the company.

The brothers sold the company in 2021 for more than $4bn. At the time White reportedly owned nearly 10% of the company.

 

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Barclays downgrades Ally Financial, says the bank is more vulnerable in 2023

US Top News and Analysis 

The outlook for Ally Financial is more uncertain in 2023, according to Barclays. Analyst Jason Goldberg downgraded shares of Ally to equal weight from overweight, saying the bank is more vulnerable to a downshift in the economy. “This year is likely to witness the end of the Fed tightening cycle and loan loss normalization,” Goldberg wrote in a Tuesday note. “As such, we are becoming less constructive on those with outsized asset sensitivity and areas we believe loan losses will adjust the fastest – namely, lower-end consumer (most impacted by much reduced stimulus, elevated inflation, and higher interest rates) and commercial real estate (uncertainties in office, retail, health care segments),” Goldberg added. Banks are starting the new year with several advantages and disadvantages. While they are generally well positioned to weather economic shocks, they’re also dealing with an uncertain macro that could mean higher credit losses and slowing loan growth. Ally shares had their worst year on record in 2022, dropping 48.7%. The analyst lowered his price target to $33, down from $40, which implies nearly 35% upside from Friday’s closing price. “While ALLY should still be able to achieve a core ROTCE in the mid-double digits range over time, results in the near-term will likely be pressured due to the impacts of higher rates partially offset by continued loan growth,” Goldberg wrote. In addition to Ally, the analyst downgraded shares of Capital One Financial to equal weight from overweight, saying that the two stocks are the “most exposed banks we cover to the lower-end consumer.” —CNBC’s Michael Bloom contributed to this report.

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