Local News


Timelapse Circuit Monaco Grand Prix

The magic of the Monaco Grand Prix ✨ Relive in few seconds the 4⃣ weeks of works of resurfacing of the track. In total, more than 3,000 tonnes of asphalt were deposited on the circuit this year. A required work in order to provide to the cars & competitors a high quality of track in accordance with international standards, on streets exposed to the Principality's road traffic during all the year....

Monaco Energy Boat Challenge Teaser 2021

Monaco Energy Boat Challenge Teaser 2021...

Throwback to this arrival of the Vendée Globe

Throwback to this arrival of the Vendée Globe for BorisHerrmannRacing with Sea Explorer-Yacht Club of Monaco!...

North Korean dictator Kim Jong-un's wife Ri Sol-Ju missing for over a year, conspiracy theories surface on internet

Ri Sol-Ju, the wife of North Korean dictator Kim Jong-un, has been reported missing for the past one year. She was last seen in public on January 25, 2020 and its been over a year since she made any public appearance. Due to this, several speculations and theories have started to surface on the internet around her disappearance. It is also feared that the Korean dictator Kim Jong-un may have made his wife disappear while some media reports are claiming that Ri Sol-Ju has isolated herself due to the coronavirus pandemic. Speaking to NK News, Hong Min, director of the North Korean research division at Korea Insitute for National Unification, stated, "Her disappearance could be due to coronavirus pandemic. As a mother with young child...

Art dealer Richard L. Feigen Has Died of Complications from Covid-19

Richard L. Feigen, an eclectic and influential art dealer whose galleries spanned Chicago, New York, London and Los Angeles—with clients around the world— has died at 90 from complications related to a recent battle with Covid-19, a representative for Feigen’s gallery said. A collector since childhood, Feigen at various times showed work by a wide range of artists who had not yet gained a following in the U.S. He gave Francis Bacon his first solo show in the United States. He also put on exhibitions of work by Jean Dubuffet, Max Beckmann, Bridget Riley, and Allen Jones. His greatest impact was as an Old Masters dealer where he often described himself as “a collector in dealer’s clothes.” He had the prescience to acquire artworks that were...

Melvin Capital loses 53% in January

Hedge fund Melvin Capital felt the effects of the buying spree spurred by individual buyers from the r/WallStreetBets subreddit account, with the group losing 53 percent in January. Despite the loss, Capital received fresh cash from investors by the end of January after taking heavy losses due to the unexpected and record stock gains for companies like GameStop, according to a source cited by Reuters. Melvin started January with $12.5 billion in assets, but is closing out the month with $8 billion, according to the Wall Street Journal’s report on the losses. It closed out its short position on GameStop in the wake of the massive surge. Other groups like Citron have also felt the squeeze by betting against GameStop and have closed their sho...

EU secures extra vaccines; Republicans to meet Biden over Covid relief plan

European Union efforts to secure Covid-19 vaccines received a much-needed boost after AstraZeneca promised to increase deliveries, while US Republicans were set to meet President Joe Biden to try and build bipartisan support for a huge national relief plan. British-Swedish firm AstraZeneca will increase shipments of its vaccine to the EU by 30 percent, said European Commission chief Ursula von der Leyen Sunday, as the bloc struggles to get its mass inoculation programme up and running. AstraZeneca had had previously said it could deliver only a quarter of the doses originally promised to Brussels for the first quarter of the year, sparking outrage and accusations it was giving preferential treatment to Britain. In the US, ten Republican ...

Billionaire & Mets owner Steve Cohen off Twitter after he helped GameStop-ravaged protege, branded Redditor investors ‘jockeys’

Businessman Steve Cohen appears to have deleted his Twitter account amid uproar over the GameStop short squeeze debacle. The Mets owner’s hedge fund drew suspicion after bailing out fellow financiers hit hard by small investors. Steven Cohen’s Point72 Asset Management helped his former protege, Gabriel Plotkin, after the latter’s hedge fund Melvin Capital lost billions by betting against video game retailer GameStop. The rug was pulled from under Plotkin by a bunch of small dollar investors coming from a Reddit community called WallStreetBets. This placed Cohen on the radar of people angry in the aftermath, believing that Wall Street movers had colluded to change the rules of the game and punish the common folk for outsmarting them. It’s n...

President Biden Picks Oval Office Art, Inauguration Spotlights Paintings, and More:

PERFORMERS WERE THE STARS OF YESTERDAY’S INAUGURAL ACTIVITIES, with singers like Lady Gaga, Jon Bon Jovi, and Bruce Springsteen participating in the celebration of President Biden and Vice President Harris, and poet Amanda Gorman delivering an address that stole the show, but visual art is playing a symbolic role in the transition of power, as well. Washington Post reporter Annie Linskey and photographer Bill O’Leary got a look inside Biden’s Oval Office, and found that a portrait of Benjamin Franklin had taken the place of one of President Andrew Jackson (a favorite of President Trump). The presence of Franklin, who was an inventor, writer, scientist, and more (really a jack of all trades), is “intended to represent Biden’s interest in fol...

China calls for 'better angels' to prevail in reset with Biden's US

China on Thursday congratulated President Joe Biden on his inauguration and called for a reset in relations between Beijing and Washington, as the new administration brought an end to the fractious term of Donald Trump. Beijing also said it welcomed news that the US would re-join the World Health Organization and the Paris climate accord, as Biden tried to immediately pivot his office back to a key role in global leadership. The new US president is expected to remain tough on China but commit to international cooperation after Trump's divisive "America First" approach. "With cooperation from both sides, the better angels in China-US relations will beat the evil forces," foreign ministry spokeswoman Hua Chunying told a...

Trump leaves White House for last time, snubbing Biden's inauguration

US President Donald Trump left the White House for the final time on Wednesday, heading by helicopter to a nearby military base where he will fly to Florida, skipping the inauguration of successor Joe Biden in an extraordinary break with tradition. Trump, 74, and First Lady Melania Trump walked a short red carpet and boarded Marine One on the White House lawn on a sunny but chilly day in Washington for the short flight to Joint Base Andrews, where he will board Air Force One. In brief remarks to reporters, Trump said it had been an "amazing four years" and the "honor of a lifetime." "I just want to say goodbye," he said. Trump will be at his Mar-a-Lago resort in Florida when Biden is sworn in at noon (1700 ...

Samsung chief receives reduced 30-month jail term over corruption scandal

Samsung Electronics Vice Chairman Lee Jae-yong has been sentenced to two and a half years behind bars, following a new trial over a high-profile bribery scheme involving South Korea’s former president, Park Geun-hye. The verdict was announced by the Seoul High Court on Monday, after the corruption case against Lee was sent by the country’s Supreme Court for re-trial. The Samsung boss was found guilty of concealment of criminal proceeds, bribery, and embezzlement worth around $7.8 million, and was given a 30-month jail term. The bribery scheme involved an associate of former president Park Geun-hye, who is currently serving a 20-year jail term. Her sentence was upheld by South Korea’s top court last week. Lee’s new sentence is twice as lig...