Top News Stories –
Record fines for currency market fix –
Five of the world’s largest banks are to pay fines totalling $5.7bn (£3.6bn) for charges including manipulating the foreign exchange market.
Four of the banks – JPMorgan, Barclays, Citigroup and RBS – have agreed to plead guilty to US criminal charges. The fifth, UBS, will plead guilty to rigging benchmark interest rates. Barclays was fined the most, $2.4bn, as it did not join other banks in November to settle investigations by UK, US and Swiss regulators. Barclays is also sacking eight employees involved in the scheme. [BBC]
Chinese professor accused in ‘Breaking Bad’ drugs plot –
Police in China have arrested a chemistry professor for his part in producing a psychoactive drug in a case that has been likened to US crime drama Breaking Bad. State agency Xinhua said 17 people were arrested including a Xian university professor alleged to have helped provide the recipe for methcathinone. Police seized 128kg (282lb) of the drug and more than 5m yuan ($806,095; £519,450). The drug lab was raided last year. [BBC]
David Letterman saluted by stars on final Late Show –
Four US presidents have joined stars including Steve Martin, Tina Fey, Jerry Seinfeld and Foo Fighters to pay tribute to TV host David Letterman on his final late night talk show. Letterman has bowed out after 33 years and 6,028 late-night broadcasts.He joked that physicist Stephen Hawking had calculated it “works out to about eight minutes of laughter”.He gave emotional thanks to his family, crew and viewers, saying: “There’s nothing I can ever do to repay you.”The 68-year-old began his late-night career on NBC in 1982, before moving to CBS’s Late Show in 1993.[BBC] See Video of the Day and List of the Day.
David Letterman
Video of the Day –
Celebrity Top Ten Things I’ve Always Wanted to Say To David Letterman
List of the day –
David Letterman’s final Top Ten list – “Top 10 things I’ve always wanted to say to Dave:”
10. Alec Baldwin: “Of all the talk shows, yours is the most geographically convenient to my home.”
9. Barbara Walters: “Did you know you wear the same cologne as Muammar Qaddafi?”
8. Steve Martin: Your extensive plastic surgery was a necessity…and a mistake.”
7. Jerry Seinfeld: “I have no idea what I’ll do when you go off the air. You know what, I just thought of something: I’ll be fine.”
6. Jim Carrey: “Honestly Dave, I’ve always found you to be a bit of an over-actor.” (He gesticulated wildly).
5. Chris Rock: “I’m just glad your show is being given to another white guy.” (Dave: “You know, I had nothing to do with that.”)
4. Julia Louis-Dreyfus: “Thanks for letting me take part in another hugely disappointing series finale.” (Seinfeld smirks). (Dave: “I had nothing to do with that either.”)
3. Peyton Manning: “Dave, you are to comedy what I am to comedy.”
2. Tina Fey: “Thanks for finally proving men can be funny.”
1. Bill Murray: “Dave, I’ll never have the money I owe you.”
Top Twitter Trends –
Other News Stories –
- Armed conflicts and attacks
- Islamic State in Iraq and the Levant
- Islamic State captures the ancient Syrian city of Palmyra from the Syrian Army with grave concerns held about its world heritage site. (The Hindu) (BBC)
- The People’s Liberation Army Navy issues warnings eight times as a United States surveillance plane flies over manmade islands in the South China Sea. (CNN)
- Arts and culture
- Tools found near Lake Turkana in Kenya by Sonia Harmand and Jason Lewis of Stony Brook University are dated at 3.3 million years making them the oldest yet discovered. (AP via ABC News America)
- The last edition of the Late Show with David Letterman goes to air on CBS Television in the United States. Following his retirement, David Letterman will be succeeded by Stephen Colbert on September 8, 2015. (CNN Money)
- Disasters and accidents
- A Shosholoza Meyl passenger train collides head-on with a goods train in Eastern Cape, South Africa, killing two people and injuring 20. (News24)
- A rupture of an underground oil pipeline in California‘s Santa Barbara County near Refugio State Beach may have released 105,000 gallons ofcrude oil with tens of thousands gallons released into the Pacific Ocean. Jerry Brown, the Governor of California later declares a state of emergency. (Los Angeles Times), (ABC7 Los Angeles)
- 2015 Colombian landslide
- International relations
- South East Asian migrant crisis
- The foreign ministers of Indonesia, Malaysia and Thailand meet in Kuala Lumpur to discuss people smuggling and the migrant crisis. Malaysia and Indonesia agree to accept asylum seekers providing that they can be resettled or repatriated within a year. (Straits Times), (wires and ABC Online)
- Over 430 migrants are rescued off the coast of Indonesia‘s eastern Aceh province. (AP via New York Times)
- North Korea
- North Korea abruptly cancels an invitation for Ban Ki-moon, the Secretary-General of the United Nations, to visit. (AFP via Sydney Morning Herald)
- The Korean Central News Agency claims that North Korea has the ability to miniaturize nuclear weapons and place them on ballistic missiles.(CNN)
- Law and crime
- Zambia lifts a ban on hunting big cats imposed over corruption in hunting concessions in the past. (AFP via Yahoo News)
- Five big banks Barclays, RBS, Citi, JP Morgan and UBS are fined $5.7 billion after a United States Department of Justice investigation into collusion by forex traders in several countries. (The Guardian)
- An arrest warrant is issued for Daron Dylon Wint in the US capital Washington, D.C. in connection to the alleged murder of four people on May 14.(WJLA)
- The legislature in the American state of Nebraska votes to abolish the death penalty. (Washington Post)
- Sports
- British driver Lewis Hamilton signs a three year contract with the German constructors Mercedes AMG. (CNN)
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