All posts tagged: majority

The Vast Majority of Trump’s Net Worth Is Now in His Meme Coin

The Vast Majority of Trump’s Net Worth Is Now in His Meme Coin

Yes, you’re reading that correctly. Meme Streak President-elect Donald Trump may have spent his career playing the role of a wheeler-dealer businessman, but his actual financial track record has always been dodgy — he inherited a vast sum, declared bankruptcy at ventures ranging from a hotel to a casino, and estimates of his wealth have been a frequent topic of speculation for decades. Underscoring that tenuous real-world performance, it appears that Trump has now accumulated vastly more wealth in the past 24 hours than he did in his entire life previously. Yes, you’re reading that correctly: since launching a meme coin called $TRUMP on the eve of his second presidency about a day ago, Axios estimated earlier today that 89 percent of Trump’s net worth was tied up in the cryptocurrency, putting it north of $60 billion and making him — on paper, at least — one of the world’s 25 richest people. In a preview of Trump’s certain-to-be-chaotic adventures in the world of blockchain, though, the coin subsequently crashed by about 50 percent — meaning …

Senegal’s ruling party wins majority in parliament, paving way for reforms

Senegal’s ruling party wins majority in parliament, paving way for reforms

DAKAR, Senegal —  Senegal’s ruling party, PASTEF, secured a resounding victory in the country’s legislative elections, winning 130 of 165 seats, according to provisional results announced Thursday by the national vote counting commission. The win grants newly elected President Bassirou Diomaye Faye a clear mandate to carry out ambitious reforms promised during the campaign, which include fighting corruption, revamping the fishing industry and maximizing the country’s natural resource benefits. The main opposition coalition led by former President Macky Sall won 16 seats. Sall congratulated PASTEF in a post on X on election day, and two other major opposition leaders conceded defeat hours after the polls closed on Sunday. The results will now have to be confirmed by the constitutional council, which is expected to do so in the coming week. Before Sunday’s legislative election, PASTEF held 56 seats in the National Assembly while Sall’s coalition had a slim majority of 83 seats. Faye, who was elected in March on an anti-establishment platform, said the lack of a majority had prevented him from executing reforms he …

Majority in Northern Ireland support assisted dying

Majority in Northern Ireland support assisted dying

Pictured: Second from right, Laura Lacole, Northern Ireland Humanists patron, Humanists UK assisted dying rally, Westminster, London, April 2024 A recent survey carried out by LucidTalk has shown that 67% of respondents in Northern Ireland back assisted dying becoming legal for terminally ill or incurably suffering people. This result reflects a growing desire for reform, with campaigners urging Stormont to take action. Northern Ireland Humanists is now calling for the creation of a Citizens’ Assembly to ensure that public opinion is properly considered. The poll posed the question: ‘Would you support the legalisation of assisted dying in Northern Ireland for adults of sound mind who are terminally ill or suffering intolerably from an incurable condition? The law would include rigorous safeguards.’ The breakdown of responses is as follows: Definitely: 40% Probably: 27% Don’t know or not sure: 5% Probably not: 9% Definitely not: 19% The polling was commissioned by My Death, My Decision Northern Ireland.  In March this year, the special Oireachtas committee in the Republic of Ireland published its report which recommended that legislation …

JPMorgan says majority of ATMs operating normally amid outages

JPMorgan says majority of ATMs operating normally amid outages

JPMorgan Chase said it is working to restore service to automated teller machines (ATMs) affected by a global digital outage while a majority of its ATMs are operating normally, according to an emailed statement on Friday. The largest U.S. bank declined to comment on how many of its ATMs were offline. It has 16,000 ATMs across the U.S. and 4,800 branches. Financial firms were among many snarled by a global digital outage on Friday that caused hourslong disruptions to computer systems at hundreds of companies. Bank teller stations were not working at at least two JPMorgan branches in New York, according to employees at different locations who declined to be identified discussing the outage. Both employees said they were unsure when their computers would be restored. Branches have remained open, and at the sites affected by the outages, customers were able to access banking services by making manual transactions with tellers or using ATMs, a source familiar with the situation said. Source link

Labour’s path to a majority: the seats Starmer needs to win – mapped | General election 2024

Labour’s path to a majority: the seats Starmer needs to win – mapped | General election 2024

Constituencies with relatively higher numbers of over-50s, homeowners and people of white ethnicity are key to Labour’s hopes of winning a majority at the election, Guardian analysis suggests. Experts have told the Guardian that, in order to appeal not just to its core voters but also to these middle-England swing seats, Labour is trying to make a broad pitch to the country. Labour holds 200 of the new constituencies in parliament, meaning that it needs to win another 126 seats to claim an overall majority in the election. Looking at the 150 seats that would be easiest for Labour to flip – marginals that require the smallest swing to overturn Conservative or SNP majorities – the analysis reveals that Labour will need to extend beyond their usual urban strongholds and appeal in more rural, older and less ethnically diverse areas. The analysis is based on the 150 seats that Labour would need to win assuming a uniform national swing, where the party gained consistently throughout the country. In reality, Labour’s gains would be less uniform …

South Africa to embark on new political path after ANC loses majority | South Africa

South Africa to embark on new political path after ANC loses majority | South Africa

The African National Congress’s (ANC) three decades of political dominance in South Africa has come to an end after it was announced that it had won just 40.2% of the vote in last week’s general election. The ANC’s dramatic decline – the first time it has failed to win a majority of the votes since Nelson Mandela led it to victory in the first democratic election in 1994 – will lead to a chaotic round of coalition negotiations, with all of its potential partners posing difficulties. With ballots from more than 99% of voting stations counted on Saturday afternoon, the ANC had 40% of the vote – a collapse of more than 17 percentage points from the 2019 national elections. The pro-business Democratic Alliance (DA) was on 21.7%, while uMkhonto weSizwe (MK), launched only in December by the country’s former president Jacob Zuma, surprised with 14.6%. The constitution says the new parliament must sit within 14 days of results being declared and elect a new president at that sitting. Chronically high unemployment, power cuts, violent …

Ruling ANC on course to lose majority in South Africa’s election

Ruling ANC on course to lose majority in South Africa’s election

South Africa’s ruling ANC was on course to lose its 30-year-old parliamentary majority on Thursday, opening the prospect that the party that defeated apartheid will have to share power for the first time.  Issued on: 30/05/2024 – 04:06Modified: 30/05/2024 – 20:44 3 min With a third of votes in Wednesday’s election tallied, the ANC was leading but with a score of only 42 percent — well below the 57 percent it won in 2019. Followed by the centre-right Democratic Alliance (DA) on 25 percent. The leftist Economic Freedom Fighters (EFF) and former South African president Jacob Zuma’s uMkhonto weSizwe (MK) were neck and neck on around nine percent each.  The final results are expected in the next three days. Read moreSouth Africa votes in most crucial election since end of apartheid “The broad church of the ANC has taken a substantial knock. This is a shock to the system for the ANC and ultimately will also be a shock to the system for the average South African, who has only known ANC rule since 1994,” …

Majority of US voters support climate litigation against big oil, poll shows | Climate crisis

Majority of US voters support climate litigation against big oil, poll shows | Climate crisis

As US communities take big oil to court for allegedly deceiving the public about the climate crisis, polling shared with the Guardian shows that a majority of voters support the litigation, while almost half would back an even more aggressive legal strategy of filing criminal charges. The poll, which comes as the world’s first-ever criminal climate lawsuit was brought in France last week, could shed light on how, if filed, similar US cases might be viewed by a jury. The 40 existing US lawsuits against major oil companies, filed by cities and states, are based on civil charges such as tort law and racketeering protections. But last year, the consumer advocacy non-profit Public Citizen proposed also filing criminal charges – most notably, homicide – against the companies. Big oil, the argument goes, knew pollution from the use of fossil fuels could have lethal consequences and yet still fought to delay climate action, which could be considered grounds for charges of reckless or negligent homicide. Asked for comment about the legal theory last year, the American …

Majority in Scotland have no religion, Census finds

Majority in Scotland have no religion, Census finds

The majority of people in Scotland are nonreligious, the latest Census has found. Results from the 2022 Scottish Census, published today, found that 51.1% of people in Scotland have no religion. In 2011 the figure was 36.7%. The findings are fairly consistent with 2018 survey data which found 59% of Scots are nonreligious. Christianity in particular has seen a dramatic decline. In 2011, 53.8% of Scottish people were Christian, including 32.4% in the Church of Scotland and 15.9% in the Catholic Church. But in 2022, only 20.4% of Scots said they belonged to the Church of Scotland. Roman Catholics and members of other Christian denominations have also seen a decline in numbers. Members of minority religions including Islam and Hinduism have seen a steady increase. The nonreligious are now the largest group in Wales. Christians are now a minority in England, while in Northern Ireland those without a stated religion are the second largest group. NSS: Census underscores “need for a secular approach to public policy” The National Secular Society has said the findings show …

Rowing startup Hydrow acquires a majority stake in Speede Fitness as their CEO steps down

Rowing startup Hydrow acquires a majority stake in Speede Fitness as their CEO steps down

Hydrow, the at-home rowing machine, announced Thursday that it has acquired a majority stake in Speede Fitness, the company behind the AI-enabled strength training machine. The rowing startup also announced that CEO and founder Bruce Smith will step down, and President and CFO John Stellato will take over day-to-day operations, per CNBC. Smith is now the chairman of Hydrow’s board. Hydrow declined to share how much of a majority stake it now has in Speed Fitness. It’s possible that the company may acquire the remainder of Speede, but it is uncertain at this time. Founded in 2017, Hydrow’s connected rowing machines (which range from $1,695 to $3,995) simulate the feeling of rowing on water through a patented electromagnetic and computer-controlled drag mechanism. The company has raised $300 million to date and touts notable investors such as Activant Capital, Constitution Capital, L Catterton, Liberty Street, RX3, and Sandbridge Capital, as well as several professional athletes and celebrities like Travis Kelce and Justin Timberlake. As of April, delivered unit sales were up 35% year over year, Smith …