5 issues to know for March 16: Financial institution meltdown, Ukraine, Abortion, Aircraft security, TikTok

An enormous blob of seaweed spanning greater than 5,000 miles is headed for the shores of Florida, threatening to dampen vacationer season with an extremely sticky state of affairs (forgive the pun). The seaweed will probably be prevalent on seashores in Florida round July, researchers say, after it completes its trajectory by means of the Caribbean and up into the Gulf of Mexico.

Right here’s what else it’s worthwhile to know to Get As much as Pace and On with Your Day.

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Two banks collapsed over the previous week, sparking fears that banking turmoil is spreading world wide. Nonetheless, analysts say this isn’t a repeat of the 2008 world monetary disaster and never essentially a time to panic. “People’ cash is secure,” former Treasury Secretary Larry Summers advised CNN. This comes after one other banking scare occurred Wednesday when Switzerland’s second-biggest lender, Credit score Suisse, introduced its largest shareholder had no plans to present any extra funds. This despatched US shares tumbling Wednesday, however futures are up after the corporate agreed to a $53 billion mortgage from the Swiss central financial institution. Individually, analysts say it could be powerful to buy a house proper now, notably if authorities regulators crack down on banks within the wake of their main fluctuations.

The US navy launched newly declassified video in the present day exhibiting the Russian downing of a US drone over the Black Sea on Tuesday. Whereas Russia’s protection ministry denied its plane got here into contact with the drone, the video reveals a Russian fighter jet dumping gas because it intercepts the US drone. Russia stated it is going to attempt to retrieve the wreckage of the downed drone and has reportedly despatched its forces to the positioning of the crash. The US stated earlier it was taking measures to make sure the drone gained’t fall into the flawed palms however admitted it could by no means be recovered. Following the incident, Russia stated relations between Moscow and Washington are actually at their “lowest level.”

A lawsuit in a federal courtroom in Texas might block entry to mifepristone, an abortion drug accredited by the FDA. The lawsuit claims the drug just isn’t secure and that the FDA didn’t research it sufficient to approve it, regardless of a number of research which have proven it to be secure and efficient for greater than 20 years. The lawsuit from anti-abortion medical doctors and medical associations intends to require the FDA to withdraw or droop its approval of the drug, in addition to block the company’s more moderen regulatory modifications making the capsules extra accessible. The decide listening to the case, an appointee of former President Donald Trump, didn’t share an specific timeline for when he’ll rule, telling the events Wednesday he would subject an order and opinion “as quickly as potential.” If he have been to rule towards the FDA, an enchantment is nearly definitely assured to observe – and will in the end make its method to the Supreme Courtroom.

US Transportation Secretary Pete Buttigieg on Wednesday referred to as on contributors at an aviation summit to assist discover the “root causes” of the rising variety of security incidents at airports nationwide. “We’re notably involved as a result of we now have seen an uptick in critical shut calls,” Buttigieg stated, referring to a sequence of close to collisions on runways throughout the US. The summit comes after the FAA stated it was investigating one other near-accident between business airliners. The latest shut name was earlier this month at Reagan Nationwide Airport close to Washington, DC – the seventh because the begin of this 12 months. “We’re not going to attend for one thing nonetheless worse to occur to behave now,” Buttigieg advised CNN, including that the efforts ought to lead to “ensuring we are able to save lives at airports across the nation.”

The Biden administration has threatened to ban TikTok from the US until the app’s Chinese language house owners conform to spin off their share of the social media platform. TikTok has declined to debate specifics on the matter, however didn’t dispute latest stories of the divestiture request. “If defending nationwide safety is the target, divestment doesn’t resolve the issue,” TikTok spokesperson Maureen Shanahan stated in a press release. The talks with TikTok have stretched on with out decision, prompting criticism of the Biden administration by some US lawmakers who’ve pushed to ban the app by means of laws. US officers have raised fears that the Chinese language authorities might strain TikTok or its Chinese language mum or dad ByteDance into handing over the private info of TikTok’s US customers, which could then profit Chinese language intelligence actions or affect campaigns.

The US has a brand new favourite canine breed, and it’s not the Labrador Retriever

Trace: Such a cute breed has bat-like ears and a wrinkly nostril. 

Pilot makes first-ever airplane touchdown on Dubai’s Burj Al Arab helipad

A stunt pilot efficiently introduced his plane to a cease in simply 68 toes on high of a Dubai skyscraper. See the photographs right here.

Inexperienced Bay Packers quarterback Aaron Rodgers intends to play for the New York Jets

Famed quarterback Aaron Rodgers shared he want to proceed his NFL profession in New York, particularly with the Jets.

Man indicted on housebreaking fees for allegedly stealing animals from the Dallas Zoo

The 24-year-old suspect was linked to a case of lacking monkeys and the disappearance of a leopard from its enclosure.

NASA reveals new spacesuit design

These spacesuits, developed for NASA by Axiom House, look fairly totally different than the puffy white outfits it’s possible you’ll be envisioning.

Bobby Caldwell, the soulful singer and songwriter behind R&B hits like “What You Gained’t Do For Love” and “Open Your Eyes,” has died after battling well being points for a while, his spouse shared in a press release on Wednesday. He was 71.

$6.5 million

That’s how a lot the US pays in misplaced wages owed to Mexican migrant employees, based on a press release this week from the US Division of Labor. The cash owed to 1000’s of international farm employees was recovered by the division after it did not find the people with the intention to ship their checks, Mexican officers stated.

“Life is unusual and I’m extremely proud and grateful.”

– Ryan Reynolds, sharing remarks after T-Cellular introduced Wednesday that it’s shopping for the actor’s price range wi-fi firm Mint Cellular in an unlimited $1.35 billion deal. Reynolds’ large payday comes after he bought a minority possession stake within the firm in 2019. He’ll keep on in his “artistic position on behalf of Mint,” the place he serves as a spokesperson, based on a information launch. 

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Artist transforms bubble wrap into portray

Earlier than we wrap in the present day’s e-newsletter, watch this video to be impressed by a meticulous type of artwork. (Click on right here to view)