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Migrant boat sinks off Malaysian coast, leaving one dead and dozens missing

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Authorities say rescue operations are under way to locate survivors on a boat that sunk, with two others missing.

One body has been found and dozens of others are missing after a boat carrying about 90 undocumented migrants sank near the Thailand-Malaysia border, officials said.

The Malaysian maritime authority on Sunday said at least 10 survivors were found, while the status of two other boats carrying a similar number of people remains unknown.

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The incident is believed to have happened near Tarutao Island, just north of the popular Malaysian resort island of Langkawi.

“A boat carrying 90 people is believed to have capsized” three days ago, local police chief Adzli Abu Shah told reporters, adding that rescue operations were under way to locate the survivors.

Among the survivors found in the waters were three Myanmar nationals, two Rohingya refugees, and a Bangladeshi man, while the body was that of a Rohingya woman, state media agency Bernama reported, quoting Abu Shah.

The Malaysia-bound people initially boarded a large vessel, but, as they neared the border, they were instructed to transfer onto three smaller boats, each carrying about 100 people, to avoid detection by the authorities, the police chief was quoted as saying.

Dangerous crossings

Malaysia is home to millions of migrants and refugees from other parts of Asia – many of them undocumented, working in industries including construction and agriculture.

Members of the mainly Muslim Rohingya minority periodically flee predominantly Buddhist Myanmar, where they are seen as foreign interlopers from South Asia, denied citizenship, and subjected to abuse. Nearly a million Rohingya refugees live in cramped camps across southern Bangladesh.

Many of these refugees attempt maritime crossings to relatively affluent regional countries such as Malaysia and Thailand, facilitated by human trafficking syndicates. But the trips often turn hazardous, leading to frequent capsizing.

In one of the worst incidents in December 2021, more than 20 people drowned in several capsizing incidents off the Malaysian coastline.

Challenging Client Situation

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Syrian official Sharaa visits US for discussions with Trump following lifting of sanctions

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Syrian President Ahmed Sharaa has arrived in Washington for an official visit, just two days after the US formally revoked his status as a Specially Designated Global Terrorist.

The former Islamist militant will meet US President Donald Trump at the White House on Monday, eleven months after his rebel alliance ousted Bashar al-Assad.

Hours before his arrival in the US capital it was announced that Syrian security services had detained dozens of suspected members of the so-called Islamic State group.

Joint efforts to tackle what remains of the group in Syria are expected to be high on the agenda during Sharaa’s talks with Trump.

Syrian authorities said 71 suspected members of the group were arrested, with weapons and explosives also seized.

Since taking power, Sharaa has looked to reestablish Syria’s presence on the world stage after decades of isolation under the Assad regime and 13 years of civil war.

He travelled to the US in September to address the UN General Assembly, where he said Syria was “reclaiming its rightful place among the nations of the world” and called on the international community to remove sanctions.

Earlier this week the UN Security Council backed a US resolution to lift measures, which coincided with Washington continuing a months-long process of gradually easing sanctions on Syria and its new leaders.

On Friday, Sharaa and his interior minister, Anas Hasan Khattab, were removed from a US register of individuals suspected of supporting or funding extremist groups, a decision the Treasury Department said was “in recognition of the progress demonstrated by the Syrian leadership”.

Sharaa had been listed under the name Muhammad al-Jawlani, the alias he used as leader of Hayat Tahrir al-Sham (HTS). The group was affiliated with al-Qaeda until 2016, when Sharaa severed ties.

Prior to leading HTS, Sharaa fought for al-Qaeda in Iraq and was for a time imprisoned by US forces. He was also subject to an American bounty of $10 million.

The US lifted its sanctions on HTS earlier this year.

Trump previously met Sharaa in May during a visit to Riyadh, where he described him as a “tough guy, very strong past”.

Despite his background, Sharaa has drawn backing from governments that opposed the Assad regime by vowing to lead a moderate government which can win support from Syria’s various ethnic groups and factions.

Earlier this year, he vowed to root out elements of his security forces which were accused of executing members of Syria’s Alawite minority.

Deadly violence has also broken out in recent months between Sunni Bedouin tribal fighters and Druze militias, raising questions over whether the HTS-led government can restore stability to a country defined by war for more than a decade.

Warner Music Group and RaveDAO Team Up to Unite Technology, Community, and Global Entertainment

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RaveDAO Partners with Warner Music Group to Merge Technology, Community, and Global Entertainment

Tracking Typhoon Fung-wong: Mapping its Path – The New York Times

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Sources and notes

Tracking map Tracking data is from the National Hurricane Center. The map shows probabilities of at least 5 percent. The forecast is for up to five days, with that time span starting up to three hours before the reported time that the storm reaches its latest location. Wind speed probability data is not available north of 60.25 degrees north latitude.

Intensity chart Best track and forecast path are from the National Hurricane Center. Forecast models are from University of Wisconsin-Milwaukee.

Wind arrivals table Arrival times are generated from a New York Times analysis of National Hurricane Center data. Geographic locations use data from the U.S. Census Bureau and Natural Earth. Time zones are based on Google. The table shows predicted arrival times of sustained, damaging winds of 58 m.p.h. or more for select cities with a chance of such winds reaching them. If damaging winds reach a location, there is no more than a 10 percent chance that they will arrive before the “earliest reasonable” time and a 50 percent chance they will arrive before the “most likely” time.

Radar map Radar imagery is from the National Oceanic and Atmospheric Administration.

Storm surge map Storm surge data is from the National Hurricane Center. Forecasts only include the United States Gulf and Atlantic coasts, Puerto Rico, and the U.S. Virgin Islands. The actual areas that could become flooded may differ from the areas shown on this map. This map accounts for tides, but not waves and not flooding caused by rainfall. The map also includes intertidal areas, which routinely flood during typical high tides.

Rip currents map Rip current data is from the National Hurricane Center. Rip current risk shown is not always associated with active tropical cyclones.

Satellite map Imagery is from the National Oceanic and Atmospheric Administration and Japanese Meteorological Agency via the Cooperative Institute for Research in the Atmosphere.

Precipitation map Data for multi-day forecasts or observed rainfall totals are from the National Weather Service. The 1-day forecast is from the National Oceanic and Atmospheric Administration.

Note: All basemaps are built with Daylight (urban areas); Natural Earth (roads, labels, terrain)

Don’t be surprised if young people turn to communism if you ‘proletarianize’ them, warns Peter Thiel

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PayPal cofounder and Silicon Valley venture capitalist Peter Thiel doubled down on his worries about generational conflict and the future of capitalism after a similar warning he issued in 2020 proved eerily prescient.

After Tuesday night’s election victory of democratic socialist Zoran Mamdani as New York City’s mayor, an email Thiel sent five years ago went viral.

In the correspondence to Mark Zuckerberg, Marc Andreessen and others, he warned that “When 70% of Millennials say they are pro-socialist, we need to do better than simply dismiss them by saying that they are stupid or entitled or brainwashed; we should try and understand why.”

Thiel expanded on those concerns in an interview with the Free Press that was published on Friday, saying strict zoning laws and construction limits have been good for boomers, who have seen their properties appreciate, but they have been terrible for millennials, who are having an extremely hard time buying homes.

“If you proletarianize the young people, you shouldn’t be surprised if they eventually become communist,” he explained.

While Thiel, who backed Donald Trump’s re-election, disagrees with Mamdani’s answers to New York’s housing affordability problems, he credited the lawmaker for talking about the issue more than establishment figures have been.

He also said he’s not sure if young people are actually more in favor of socialism or if they have become more disillusioned with capitalism.

“So in some relative sense, they’re more socialist, even though I think it’s more just: ‘Capitalism doesn’t work for me. Or, this thing called capitalism is just an excuse for people ripping you off,’” Thiel added.

Affordability politics

While Mamdani’s victory highlighted voters’ shift away from Republicans, moderate Democrats also won with campaigns that focused on the cost of living.

The off-year election results were a “wake-up call” for both parties to tackle the affordability crisis, according to polling expert Frank Luntz, who distinguished it from inflation.

Thiel expressed some sympathy for voters seeking bold ideas to solve daunting problems like student debt and housing costs, which previously have been addressed with “tinkering at the margins.”

Such incremental attempts haven’t worked, spurring voters to warm up to proposals outside the typical political discourse, including “some very left-wing economics, socialist-type stuff,” Thiel said.

As a result, he’s not surprised that voters have gravitated toward Mamdani, even though he doesn’t think his ideas will work either.

“Capitalism is not working for a lot of people in New York City. It’s not working for young people,” Thiel said.

‘Old people’s socialism’

He also observed that the growing popularity of socialism among younger Americans comes amid a “multi-decade political bull market.”

This era of increased political intensity comes as people have started looking more to politics to fix their problems, according to Thiel, who leans more libertarian. 

Part of that is due to a huge mismatch between people’s hopes and reality, with that chasm growing bigger than ever.

“There are some dimensions in which the millennials are better off than the boomers. There’s some ways our society has changed for the better,” Thiel said. “But the gap between the expectations the boomer parents had for their kids and what those kids actually were able to do is just extraordinary. I don’t think there’s ever been a generation where the gap has been as extreme as for the millennials.”

But when asked if a revolution is on the horizon, he said he thinks that’s hard to believe, given that communism and fascism are “youth movements.”

At the same time, America’s aging demographics are marked by fewer young people, who are not having as many children.

“And so, we have more of a gerontocracy. Which means that if the U.S. becomes socialist, it will be more of an old people’s socialism than a young people’s socialism, where it’s more about free healthcare or something like that,” Thiel added. “The word ‘revolution’ sounds pretty high testosterone and violent and youthful. And today, if it’s a revolution, it’s 70-something grandmothers.”

US Senators Seek Solutions to End Shutdown During Unusual Weekend Session | News

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Democratic and Republican senators in the United States are working through the weekend to find a compromise and end the longest government shutdown in the country’s history.

But the bipartisan talks yielded few signs of progress on Saturday as the workday ended without a deal on reopening the government.

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The Senate is set to try again with a rare Sunday session.

The impasse has now lasted 39 days and is taking an increasing toll on the country as federal workers go unpaid, airlines cancel flights, and food aid has been delayed for millions of Americans.

Saturday’s session got off to a rough start when President Donald Trump made clear he is unlikely to compromise any time soon with Democrats, who are seeking a one-year extension on an expiring health insurance subsidy under the Affordable Care Act (ACA), also known as Obamacare.

Trump urged Republican senators on social media to redirect federal money used to subsidise health insurance premiums towards direct payments to individuals.

“I am recommending to Senate Republicans that the Hundreds of Billions of Dollars currently being sent to money sucking Insurance Companies in order to save the bad Healthcare provided by ObamaCare, BE SENT DIRECTLY TO THE PEOPLE SO THAT THEY CAN PURCHASE THEIR OWN, MUCH BETTER, HEALTHCARE, and have money left over,” Trump wrote on his Truth Social platform, without offering details.

The ACA marketplaces allow people to buy policies directly from health insurers and mainly serve people who do not have coverage through employers or the Medicare and Medicaid government programmes.

Some 24 million people in the US use those subsidies.

For those enrolled in ACA exchanges, premiums, on average, are expected to more than double next year if Congress allows the enhanced subsidies to lapse.

Democrats demand that Republicans agree to negotiate an extension of federal healthcare subsidies before reopening the government. Republicans say the government must reopen first.

‘Another path forward’

Senator Jeanne Shaheen, a Democrat from New Hampshire, who is leading the talks among moderates, said on Friday evening that Democrats “need another path forward” after Republicans rejected the offer from Senate Democratic Leader Chuck Schumer of New York to reopen the government and extend the subsidies for a year.

Shaheen and others, negotiating among themselves and with some rank-and-file Republicans, have been discussing bills that would pay for parts of government – food aid, veterans programmes and the legislative branch, among other things – and extend funding for everything else until December or January.

The agreement would only come with the promise of a future healthcare vote, rather than a guarantee of extended subsidies.

It was unclear whether enough Democrats would support such a plan. Even with a deal, Trump appears unlikely to support an extension of the health benefits. House of Representatives Speaker Mike Johnson also said this week that he would not commit to a health vote.

Republicans hold a 53-47 majority but need 60 votes to reopen the government.

Al Jazeera’s Mike Hanna, reporting from Washington, DC, described the Senate’s weekend session as “very unusual”.

“But no vote was taken in the course of the day. The Republicans are not wanting to hold a vote unless they are certain that they can get those 60 votes needed to pass a legislation or change the procedure,” Hanna said.

Trump, for his part, has once again urged the Republicans to end the filibuster, which requires agreement by 60 of the Senate’s 100 members to pass most legislation.

“The Republicans could do this with a simple majority,” Hanna said. “However, Republicans are concerned about doing this because they feared that the lack of an investor would act against them, if… the Democrats take power in the Senate.”

With the Republicans rejecting Trump’s call, Senate Republican Leader John Thune is eyeing a bipartisan package that mirrors the proposal the moderate Democrats have been sketching out. What Thune, who has refused to negotiate, might promise on healthcare is unknown.

The package would replace the House-passed legislation that the Democrats have rejected 14 times since the shutdown began on October 1. The current bill would only extend government funding until November 21.

A test vote on new legislation could come in the next few days if Thune decides to move forward.

Then the Democrats would have a crucial choice: Keep fighting for a meaningful deal on extending the subsidies that expire in January, while prolonging the pain of the shutdown; or vote to reopen the government and hope for the best, as Republicans promise an eventual healthcare vote but not a guaranteed outcome.

Schumer on Saturday persisted in arguing that Republicans should accept a one-year extension of the subsidies before negotiating the future of the tax credits.

“Doing nothing is derelict because people will go bankrupt, people will lose insurance, people will get sicker,” Schumer said in a floor speech. “That’s what will happen if this Congress fails to act.”

GR6 signs multi-year deal with Virgin Music

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Virgin Music Group has extended its partnership with Brazilian independent record label GR6 in a deal that will run through the next decade.

The agreement continues a relationship that began in 2020 between the Universal Music Group-owned music distributor and the São Paulo-based label.

GR6, founded and led by CEO Rodrigo Oliveira, placed in the Top 10 of Brazilian independent labels, according to the International Federation of the Phonographic Industry (IFPI). The label’s roster includes artists such as Perera DJ, Nilo, MC PH, and DJay W. In 2024, GR6 had one of the Top 10 songs in Brazil with Let’s Go 4.

The renewed partnership comes as GR6 prepares to release GR6 Historias, a 60-track compilation featuring re-recorded versions of the label’s previous hits.

Artists including MC Livinho, MC Davi, MC Don Juan, MC Kevinho, and MC Neguinho do Kaxeta will perform new interpretations of the songs. The project is being produced in collaboration with KondZilla, a Brazilian music video producer and label executive.

Cris Garcia Falcão, General Manager, Latin America and Managing Director, Artist and Label Strategy at Virgin Music Group, said: “Rodrigo has built one of Brazil’s most important and enduring independent record labels by discovering and backing a collection of singular career artists who together have had an enormous impact on music culture in Brazil and around the world.”

Oliveira added: “Cris Falcão and everyone at Virgin Music Group has been an incredible partner to us at GR6 over these last five years. We are looking forward to continuing to work together to create extraordinary opportunities for Brazilian artists to succeed on the global stage.”

“We’re especially excited about GR6 Historias, which will really showcase our repertoire to our global community of fans.”

The renewed partnership reflects Virgin Music’s continued expansion in overseas markets. Last month, the company signed a distribution deal with Ghanaian digital music platform MiPROMO. Virgin expanded into Africa in 2021, when predecessor company Ingrooves acquired South Africa-based distributor Electromode. Virgin then opened an African division of Virgin Artist & Label Services in 2022.

In late September, Virgin Music expanded into Vietnam by forming a partnership with The Metub Company (Metub), a digital entertainment and creator company, to establish a new joint venture in the country.

Music Business Worldwide

Tim Bradley gives his ultimate prediction for Vergil Ortiz Jr vs Erickson Lubin: “He’s an exceptional boxer”

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Vergil Ortiz Jr puts his WBC Interim Super Welterweight title on the line tonight at the Dickies Arena in Fort Worth, with Erikson Lubin the man in the opposite corner looking to leave with the belt. Hall of Fame fighter Tim Bradley has weighed in with his prediction.

Ortiz Jr bounced back from two years of inactivity in 2024, beating Fredrick Lawson and Thomas Dulorme by knockout before having his career-long stoppage streak come to an end against Serhii Bohachuk – a fight which he won by majority decision but saw him on the canvas twice.

A measured performance against the tricky Israil Madrimov followed, setting up this bout with Lubin, who has won three on the spin since a loss to current champion Sebastian Fundora.

On the line for the A-side is not only the title and top rankings spot, but a standout match-up against former unified welterweight champion Jaron Ennis. ‘Boots’ will be ringside for the main event, and fans will hope, should Ortiz retain his belt, the fight will be announced shortly after, even despite Ortiz’s trainer Robert Garcia pouring cold on the plans.

Speaking to FightHype, Bradley told fans not to count Lubin out.

“What I like about Lubin is his mentality. He’s a tremendous boxer, a ton of experience – has has been through a lot in his career – but I love his mentality right now. I think it’s gonna be one hell of a fight. We understand what we get with Vergil Ortiz, it’s all gas, no brakes. I still think that Lubin has a really good chance … He’s got a damn good chance for the upset.”

Ultimately, however, Bradley backed the champion to retain.

“I’m gonna go with Ortiz, [but] if I was to bet, I would put a little bit of hamburger money on Lubin for the upset … But I think Ortiz is gonna win the fight. His consistent pressure, combinations, and the fact that I see Lubin always find little pockets to rest – Ortiz is not gonna allow him to rest … I think [Ortiz] gonna win the unanimous decision or maybe a late stoppage.”

Overhead Reductions, Factory Relocations, and MotoGP Program Impact

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The stream of news coming out of KTM seems to be a flood at the moment, doesn’t it? And lately, it’s even more so, as the company’s shareholders see a big change. That’s right, Indian heavyweight Bajaj Auto has now received a go-ahead from the Austrian Takeover Commission to take control of Pierer Mobility AG, the parent company of Austrian motorcycle maker KTM AG.

So what’s the first thing Bajaj did after assuming control? Change the name of KTM’s parent company from Pierer Mobility AG to Bajaj Mobility AG, of course!

But that only scratches the surface. There have been a lot more developments over the past few days. “So far, what we observe is that there is an opportunity to reduce the overheads by more than 50 percent,” Bajaj Managing Director, Rajiv Bajaj, explained to India’s CNBC-TV18 recently. “That covers R&D, that covers all marketing areas, including racing. That covers all the operational areas.”

Bajaj Auto’s shocking proposal to lay off more than half of KTM’s white-collar personnel has sent shockwaves through the motorcycling world, and it appears the factory’s MotoGP program will suffer the most

KTM

Rajiv Bajaj was also highly critical of KTM’s former management. “The previous management has already reduced headcount from 6,000 to 4,000, which is still considered too high,” he revealed. “Interestingly, of these 4,000, only about 1,000 are blue-collar; 3,000 are white-collar, which is perplexing because the blue-collar employees make the motorcycles. Future volume shifts will impact blue-collar employees relatively lightly; the issue will be with expensive white-collar headcount.” He finished by saying that “This is a problem not caused by 99% of KTM employees. This is a problem of the erstwhile top management of KTM, and most of them are gone.”

Wow. That’s as scathing an attack on former KTM ownership as any I’ve seen in the last few years.

Bajaj Auto’s shocking proposal to lay off more than half of KTM’s white-collar personnel has sent shockwaves through the motorcycling world, and it appears the factory’s MotoGP program will suffer the most. With rivals like Ducati and Aprilia maintaining their aggressive development efforts, any protracted halt at KTM risks expanding the performance gap.

KTM’s own production schedule is so far off that the 2025 model year 1390 Super Duke GT will not begin production until at least 2027
KTM’s own production schedule is so far off that the 2025 model year 1390 Super Duke GT will not begin production until at least 2027

KTM

This year, KTM’s RC16 already demonstrated the repercussions of limited development. Factory riders and team engineers suffered with recurring tire issues and chassis configurations that resulted in severe rear-end noise and a lack of front grip.

KTM’s MotoGP program is not the only department that will take the hit either. It recently surfaced that KTM also decided to end its subsidiary GasGas’ motorcycle production in Spain, with the intention of moving production to its factory in Mattighofen, Austria.

“This allows us to consolidate our expertise, optimize production processes, and strengthen efficiency within the company,” a KTM official was quoted in the Austrian newspaper Salzburger Nachrichten as saying. While KTM commented that only 20 of the 300 employees at GasGas’ factory in Girona, Spain, will be affected, it’s not yet clear what the fate of the rest of the staff will be.

KTM also decided to end its subsidiary GasGas’ motorcycle production in Spain with intentions to move production to its factory in Mattighofen, Austria
KTM also decided to end its subsidiary GasGas’ motorcycle production in Spain with intentions to move production to its factory in Mattighofen, Austria

GasGas

KTM’s own production schedule is so far behind that the 2025 model year 1390 Super Duke GT will not begin production until at least 2027. “To put it very simply and bluntly, European manufacturing is dead,” said Rajiv Bajaj. But models made and exported from India deliver an EBITDA (Earnings before interest, depreciation and amortization) margin of “over 30 percent.” Now that is a damning stat.

As an aside, Bajaj also partnered with Triumph for the production of its recently launched 400cc models. “Every single Triumph motorcycle that is made today is made either in Thailand [or], more recently, India,” said the Bajaj MD. “If Triumph could do this 15 years back, why not KTM?”

Indian heavyweight Bajaj Auto has successfully received the go-ahead from the Austrian Takeover Commission to take control of Pierer Mobility AG (PMAG), the parent company of Austrian motorcycle maker KTM AG
Indian heavyweight Bajaj Auto has successfully received the go-ahead from the Austrian Takeover Commission to take control of Pierer Mobility AG (PMAG), the parent company of Austrian motorcycle maker KTM AG

Bajaj

Bajaj sees the restructure as necessary to restore order, reduce waste, and return KTM to profitability. If it works, then making the case of other options will be moot.

Either way, KTM’s factory riders and engineers must prepare for a leaner period in which progress takes longer, and on-track pain may be the cost of salvaging the ailing motorcycle brand. Share your thoughts in the comments.

Sources: CNBC-TV18, Salzburger Nachrichten