NBCUniversal advertising chief Linda Yaccarino is taking the helm at Twitter, where she will confront an exodus of marketers who have left the social-media platform since Elon Musk took over.

“I am excited to welcome Linda Yaccarino as the new CEO of Twitter!” Musk posted in a tweet Friday after NBCUniversal announced her departure. “Looking forward to working with Linda to transform this platform into X, the everything app.” The billionaire said he will become chief technology officer and executive chairman.

Yaccarino may be in a unique position to deal with the fallout from Musk’s takeover of Twitter last year. Despite a slight uptick in daily users since early 2022, Twitter’s revenue has fallen by 50% since October as a result of a “massive decline” in advertising, Musk said in March. At NBC, Yaccarino helped launch the ad-supported streaming service Peacock and has led partnerships with a variety of tech companies, including Snapchat, YouTube, and, of course, Twitter.

“She’s probably just what Elon needs to establish trust among advertisers,” said Martin Sorrell, chairman of S4Capital Plc and former CEO of WPP Plc. “She’s going to have to do something to make sure that everything is hunky-dory from an operations standpoint.”

Musk bought Twitter for $44 billion last October and indicated that he’d only be in charge for a limited time to complete the organizational overhaul he thought the company needed to prosper. In December, Musk asked his Twitter followers if he should step down as CEO, and 57.5% said yes. 

As the CEO also of of Tesla Inc. and Space Exploration Technologies Corp., Musk complained of having “too much work” and sleeping at Twitter’s San Francisco headquarters while implementing radical changes. 

Musk has drawn criticism for his abrupt policy changes at Twitter and neglect of his other businesses. He’s also changed the corporate name of Twitter’s parent to X Holdings, an entity that could eventually be the umbrella for all his businesses — an idea he has publicly mused about. Musk has also said he wants to build Twitter beyond social media and into an “everything app,” including financial services.

During his tenure, Musk has slashed thousands of jobs, scaled back the company’s content moderation and allowed accounts previously banned for breaking rules to return. A controversial subscription service plan, Twitter Blue, has been flailing, drawing less than 1% of the user base. Twitter needs to boost sales in order to repay $12.5 billion in debt the company took on when Musk bought it. Annual interest is expected to exceed $1.2 billion.

“I can say that she would be my first choice, and my only choice, to save the platform from the hands of its owner,” said Lou Paskalis, who advises marketers as chief strategy officer at Ad Fontes Media, on Twitter. “I still cannot understand why she’d subject herself to @elonmusk, however!”

Yaccarino will have her hands full from day one on an operational side, but also in dealing with the mercurial Musk, who has almost single-handedly run the company since he took over and once joked that “no one wants the job who can actually keep Twitter alive.”

Musk already has a friendly relationship with Yaccarino, who interviewed him last month at a major advertising conference in Miami, and called him “friend” and “buddy” on stage. Recently, Twitter and NBCU expanded their Olympic Games partnership.

Yaccarino repeatedly emphasized in her interview with Musk that what advertisers are looking for from Twitter is protection. At one point, she candidly asked Musk whether he felt he had “de-risked” the platform enough to assure advertisers that their campaigns aren’t going to land in “awful hateful places.”

She wasn’t afraid to drag Musk’s own tweets into that conversation either. In her position at NBC, which has a large distribution partnership with Twitter, Yaccarino said, “Are there days where I see some of your tweets and wish I could say, ‘Stop helping the situation?’” She nodded her head.

Musk tweeted Thursday that he had found a new CEO, but didn’t name the individual. That set off immediate speculation about Yaccarino — at an awkward time for NBCUniversal. The company is scheduled to give its annual presentation to advertisers at Radio City Music Hall in New York on Monday. The so-called upfront events, which span the week, are when major media companies begin selling advertising for the fall TV season. Yaccarino would normally have played a major role in NBCU’s presentations but isn’t expected to appear now, a person familiar with the discussions said.  

This year’s presentations were already challenged by a screenwriters strike that could result in major delays in TV production and schedules. NBCUniversal’s event is expected to focus heavily on online advertising, as the company further promotes its lineup of movies and TV shows on Peacock. NBCUniversal, a division of Comcast Corp., was rocked just last month by the firing of its CEO, Jeff Shell, over a sexual harassment complaint leveled by an employee.

Mark Marshall will become interim chairman of NBCUniversal’s global advertising and partnerships group, the company said.

“We are grateful for Linda Yaccarino’s leadership of NBCUniversal’s Advertising Sales business, and for the innovative team and platform she has built,” said Comcast President Mike Cavanagh. “Linda has made countless contributions to the company during her 12-year tenure, and we wish her the best.”

 

Bloomberg

Voice cloning is only going to get more common

Key Features

AI scams, using cloned voices of people you know, are a thing.

Spotting AI voice cloning scams is getting harder.

Protecting yourself is just the same as with regular scam calls.

Imagine getting a call from a family member or close friend. They're in trouble, and they need money. The number checks out. It's their voice. But it's not them. It's an AI impersonator scamming you.

According to a report from McAfee, these AI voice scams are on the rise thanks to AI impersonators. And while they have been around in some form or other forever, technology is making the con particularly convincing. Caller ID spoofing combined with AI voice cloning would probably convince most people. So how does it work? And how can you protect yourself?

"It is true that AI voice generation is improving extremely quickly. ElevenLabs voice cloning technology is scarily good, especially when you consider the small amount of data needed to make it work. I can see situations where people may be fooled, especially if they are placed in a state of heightened emotions," AI consultant Richard Batt told Lifewire via email.

Voice Cloning Leads to AI Voice Scams

Armed with a cloned voice, a scammer can call up and pretend to be somebody you already know. For instance, in April, there was a story about a mother scammed with a fake kidnapping of her daughter using an AI-cloned voice.

It seems utterly incredible that such a thing is even possible, but our incredulity may make these scams even more effective.

So, how does it work? To clone a voice, you need a recording of the original voice. Thanks to TikTok and Instagram videos, plenty of training data is out there. And your social network posts leak lots of other data about your relationships with people to be used to make a more convincing scam.

Right now, the level of effort is still high. You have to pick a target, find a voice example, clone it, and make the call, spoofing caller ID along the way. But if we know anything, it's that scammers are likely to become ever more sophisticated.

"AI voice scams can be tailored to build highly personalized profiles of targets by ingesting data from public internet sources. Social Engineering Toolkits have been around for years and are readily used by modern-day cyber criminals to aggregate information about target victims. Unlike modern-day cyber cons, AI does not get tired or discouraged in the least, not to mention it can synthesize just about any voice and language," James Leone, cybersecurity consultant at IBM, told Lifewire via email.

And a scam doesn't have to be a fake kidnapping attempt. It could equally be an AI chatbot phoning you up and pretending to be from your bank. That's more at the level of automation of 419 scams, those classic email scams where a Nigerian prince wanted to get his money out of the country. If you don't need people to do the calling, you can flood the world with voice call spam.

"The biggest danger is just how easy and cheap it is to commit this type of scam. In the past, these types of fakes would require 10 hours of audio (or video) of a subject, but now, because the technology is advancing so quickly, all anyone needs is just 10 seconds of audio," Rijul Gupta, CEO and co-founder of DeepMedia, a deepfake creation and detection company, told Lifewire via email.

Can You Protect Against AI Voice Cloning Scams?

Despite the high-tech nature of these scams, the way to protect yourself from phone scams hasn't changed much.

First, you should not trust caller ID. Then, you should always hang up and call back on a number you already have or look up yourself.

That takes care of pretty much all the 'regular' scams but should also be effective against cloned voice scams. The problem there is the social engineering element. If caller ID primes you to expect to hear your spouse, and the voice clone is good and sounds like your husband, then you may be convinced. Right now, the models are good, but not that good.

"[I]t's important to understand that these models are not yet capable of realistic shifts in tone. A small clip of the voice which only requires a tone may fool people, a longer clip probably won't," says Batt.

But given the speed of AI development right now, voice cloning scams will only get better, so we'd better watch out and maybe stop taking any calls from numbers you don't recognize.

 

Lifewire

WESTERN PERSPECTIVE

Ukraine says it has retaken territory near embattled eastern city of Bakhmut

Ukrainian military commanders said Friday that their troops had recaptured more territory from Russian forces at the scene of the war’s longest and bloodiest battle, for the eastern city of Bakhmut, but it wasn’t clear if this marked the start of Kyiv’s long-expected counteroffensive.

Russia’s Defense Ministry, meanwhile, said Ukrainian forces had stepped up attacks north of the region while denying speculation by Russian military bloggers that the Kyiv forces had achieved “defense breakthroughs.”

The 2 kilometers (1.2 miles) of territory that Ukrainian forces south of Bakhmut retook this week represented a significant gain and will protect an important supply chain, according to commanders of Ukraine’s 3rd Separate Assault Brigade, a special forces unit that led the attack.

Ukrainian President Volodymyr Zelenskyy said he met with the top military commanders Friday, noting that Gen. Oleksandr Syrskyi reported his forces “stopped the enemy and even pushed him back in some directions.”

In his nightly address to the Ukrainian people, Zelenskyy praised his troops and noted the low morale of the Russian forces.

“The occupiers are already mentally prepared for defeat. They have already lost this war in their minds,” he said. “We must push them every day so that their sense of defeat turns into their retreat, their mistakes, their losses.”

In a statement on Telegram on Friday, Deputy Defense Minister Hanna Maliar confirmed that Ukrainian forces gained ground around Bakhmut, reiterating statements from military commanders earlier this week.

In Washington, White House National Security Council spokesman John Kirby said the U.S. has assessed that Bakhmut remains contested territory.

“Ukrainians have not given up their defense of Bakhmut and the Russians haven’t given up their attempts to take Bakhmut,” Kirby said. “Every single day, the lines change back and forth. I mean, sometimes block by block.”

The U.S. maintains that Bakhmut has limited strategic value but that Russia has absorbed an enormous loss of troops and weaponry in the battle for the former salt-mining town that has been grinding on for eight months.

Yevgeny Prigozhin, the millionaire owner of Russia’s private military contractor Wagner who is a frequent critic of the Russian military, slammed it again for losing ground around Bakhmut and exposing his forces battling for the city.

In a video statement Friday, Prigozhin mocked the Russian Defense Ministry’s report claiming that its forces regrouped to take more favorable positions, saying they effectively fled and “our flanks are crumbling.”

He warned that the Ukrainian forces have reclaimed key heights around the city and effectively unblocked the key supply link to Bakhmut. Prigozhin again accused the military leadership of refusing to provide sufficient ammunition to Wagner.

“You must immediately stop lying,” Prigozhin said, addressing Russia’s military leaders. “If you fled, you must prepare new defensive lines.”

Prigozhin — who seems to use harsh criticism to pressure the Kremlin for more support and improve his stature — alleged the Defense Ministry’s failure to protect Wagner’s flanks amounted to high treason and could result in a “great tragedy” for Russia.

Apparently denying Prigozhin’s claim of abandonment, Defense Ministry spokesman Igor Konashenkov said Russian airborne units are still supporting ground forces to “stop the attempts of the Ukrainian armed forces to counterattack on the flanks.”

The Institute for the Study of War, a Washington-based think tank, explained the spat as being “reflective of increased panic in the Russian information space over speculations about planned Ukrainian counteroffensives.” This indicates increased concern among leaders of Wagner and the Russian Defense Ministry as well as “reflecting Kremlin guidance to avoid downplaying Ukrainian successes,” it said.

Ukrainian military officials have dismissed speculation that the fighting and forward movement in Bakhmut signaled that its anticipated counteroffensive was underway. Zelenskyy said in remarks broadcast Thursday that Kyiv was delaying the campaign because it lacks enough Western weapons. Some saw the comments as designed to keep Russia guessing about Ukraine’s next move.

Addressing the nation Friday evening, Zelenskyy said more arms were coming “to defeat the aggressor and restore peace.”

The territorial gains occurred near the Siversky-Donets canal, between the villages of Ivanivske and Kurdiumivka, according to a commander of the 1st Assault Battalion of the 3rd Separate Assault Brigade. He spoke on condition he be referred to only by his call sign of “Rollo,” in line with Ukrainian military protocol.

“This was the enemy’s bridgehead, which they intended to use in their future attacks along the canal, in the direction of Kostiantynivka,” he said. “We had to neutralize the enemy and push them to the other side of the canal.”

Another commander and a military spokesman corroborated his account.

Kostiantynivka is part of an important logistics chain that leads to the city of Kramatorsk.

Rollo said the gains followed other successes, including one that secured an access road near Khromove, north of Bakhmut, and another that allowed Ukrainian forces to reclaim lost positions in the Industrial College inside Bakhmut city.

The assault south of Bakhmut was followed by a reported increase in Ukrainian offensive actions near the city of Soledar on Thursday, Russia’s Defense Ministry said. Russia repelled 26 Ukrainian attacks carried out by over 1,000 soldiers, the ministry said, adding that up to 40 tanks were involved.

The slow and grinding fight for Bakhmut has been costly for both sides, with Ukraine seeking to deny Russia any territorial gains despite its marginal strategic significance. Ukrainian forces are stationed in the city, while Russian troops are attacking from the north, east and south.

In other fighting, at least two people were killed and 22 injured elsewhere in the country since Thursday, according to figures from the Ukrainian President’s Office.

Donetsk Gov. Pavlo Kyrylenko said a Russian strike hit Kramatorsk, where some Ukrainian military units are based, destroying a school and residential building. Russian shelling hit 11 cities and villages in the region, killing 12 civilians, he said.

 

RUSSIAN PERSPECTIVE

Zelensky ‘will end up like Hitler’ – ex-Russian president

Ukrainian leader Vladimir Zelensky could suffer the same fate as Nazi dictator Adolf Hitler, former Russian President Dmitry Medvedev has claimed. The comments came in response to Zelensky’s suggestion that Kremlin officials would meet a “sad end.” 

“We do not know who will meet which end,” Medvedev wrote on Telegram, before comparing the Ukrainian president to Hitler, who committed suicide during the final stages of World War II as Soviet troops stormed Berlin.

The former Russian leader also accused Zelensky of “wishing death to everyone in the Kremlin.” 

His remarks came in response to an interview published by the BBC on Friday, in which Zelensky stated: “Believe me, those in the Kremlin… it will end badly for them.” 

The Ukrainian president expressed his desire for the rapid demise of the current Russian leadership, claiming that they “will certainly not die a natural death.” 

The interview with Zelensky comes less than two weeks after a drone attack on the Kremlin, which Moscow described as an assassination attempt against President Vladimir Putin and an act of terrorism. The Russian leader was not at the Kremlin at the time of the incident.

Russia accused Kiev of orchestrating the attack and said it reserves the right to respond as it sees fit. Ukraine denied any involvement in the incident, although the attack prompted Medvedev to call for the “physical removal” of Zelensky.

Kiev’s intelligence chief, Kirill Budanov, later vowed to “keep killing Russians anywhere” until Ukraine’s “complete victory.” The Kremlin branded the statement “truly heinous,” and said it was confirmation that Kiev was involved in orchestrating terrorist attacks.

** Kiev attempts 26 attacks in Soledar area, all of them repelled, Russian top brass reports

The Ukrainian military attempted over 20 attacks along the 95 km engagement line in the Soledar tactical area, with all the offensives repelled by Russian forces, Russia’s Defense Ministry Spokesman Lieutenant-General Igor Konashenkov reported on Friday.

"The Ukrainian army units attempted 26 attacks that involved over 1,000 personnel, up to 40 tanks and also other military and special equipment. All the attacks by the Ukrainian army were repelled. There were no breakthroughs of Russian defensive lines," the spokesman said.

Russian forces neutralize Ukrainian subversive group in Kupyansk area

Russian forces destroyed over 60 Ukrainian troops and neutralized an enemy subversive group in the Kupyansk area over the past day, Konashenkov reported.

"In the Kupyansk direction, aircraft and artillery from the western battlegroup struck the enemy units in areas near the settlements of Dvurechnoye in the Kharkov Region and Novosyolovskoye in the Lugansk People’s Republic. In addition, the activity of a subversive/reconnaissance group was thwarted near the settlement of Kotlyarovka in the Kharkov Region at night," the spokesman said.

The enemy’s losses in that area in the past 24 hours totaled "over 60 Ukrainian personnel, an armored combat vehicle, two motor vehicles, two Grad multiple rocket launchers, a US-made M109 Paladin artillery system and an Akatsiya motorized artillery gun," the general specified.

Russian forces destroy over 75 Ukrainian troops in Krasny Liman area

Russian forces destroyed over 75 Ukrainian troops and a motorized artillery gun in the Krasny Liman area over the past day, Konashenkov reported.

"In the Krasny Liman direction, operational/tactical and army aviation and artillery from the battlegroup Center struck Ukrainian manpower and equipment near the settlement of Torskoye in the Donetsk People’s Republic," the spokesman said.

The strikes eliminated over 75 Ukrainian troops, three armored combat vehicles, three pickup trucks, an Akatsiya motorized artillery gun and a D-20 howitzer in that area in the past 24 hours, the general specified.

Ukraine’s military suffers 900 casualties in Donetsk area in past day

Russian forces killed and wounded about 900 Ukrainian troops in the Donetsk area over the past day, Konashenkov reported.

"In all, the enemy’s losses in the Donetsk area amounted to about 900 Ukrainian troops killed and wounded, over 30 pieces of armor, and also seven motor vehicles, two D-30 howitzers and a UK-made L118 howitzer," the spokesman said.

Russian forces gain new positions in Donetsk area

Russian forces gained a new frontier in the Maloilyinovka area to take advantage of the Berkhovskoye reservoir as they continued their combat operations in the Donetsk People’s Republic over the past day, Konashenkov reported.

"In the Maloilyinovka direction, units of the southern battlegroup gained a frontier, considering the advantageous conditions of the Berkhovskoye reservoir to increase defense stability. The personnel of the 4th and 200th motorized infantry brigades, the crews of army aviation and other units of the Russian Armed Forces showed courage repelling enemy attacks," the spokesman said.

Over 540 Ukrainian troops, eight tanks and more than 20 pieces of other enemy armor were destroyed in the Maloilyinovka direction in the past 24 hours, the general reported.

Russian air defenses down Ukrainian Su-27 fighter jet in DPR

Russian air defense forces shot down a Ukrainian Su-27 fighter jet near the settlement of Chasov Yar in the Donetsk People’s Republic (DPR) over the past day, Konashenkov reported.

"Air defense capabilities shot down a Ukrainian Air Force Su-27 fighter in the area of the settlement of Chasov Yar in the Donetsk People’s Republic," the spokesman said.

In addition, Russian forces destroyed an artillery ammunition depot of the Ukrainian army’s 110th mechanized brigade, the general said.

Russian forces destroy 110 Ukrainian troops in southern Donetsk, Zaporozhye areas

Russian forces destroyed roughly 110 Ukrainian troops in the southern Donetsk and Zaporozhye areas over the past day, Konashenkov reported.

In the southern Donetsk and Zaporozhye directions, aircraft and artillery of Russia’s battlegroup East struck the enemy units in areas near the settlements of Vodyanoye and Ugledar in the Donetsk People’s Republic, the spokesman specified.

"The enemy’s losses totaled 110 Ukrainian personnel, a tank, two motor vehicles and a Gvozdika motorized artillery gun," the general specified.

Russian forces destroy 40 Ukrainian troops, artillery gun in Kherson area

Russian forces destroyed roughly 40 Ukrainian troops and a motorized artillery system in the Kherson area over the past day, Konashenkov reported.

"In the Kherson direction, as many as 40 Ukrainian personnel, an armored combat vehicle, three motor vehicles and an Akatsiya self-propelled artillery system were destroyed in the past 24 hours as a result of damage inflicted by firepower," the spokesman said.

Russian forces eliminate two Ukrainian subversive groups in LPR

Russian forces eliminated two Ukrainian subversive groups in the Lugansk People’s Republic (LPR) over the past day, Konashenkov reported.

"At night, two subversive/reconnaissance groups were eliminated in areas near the settlements of Chervonaya Dibrova and Kremennaya in the Lugansk People’s Republic," the spokesman said.

Russian forces wipe out Ukrainian army’s fuel depot near Zaporozhye city

Russian forces destroyed a fuel depot of the Ukrainian army near the city of Zaporozhye over the past day, Konashenkov reported.

"In the area of the city of Zaporozhye, a depot storing fuel for Ukrainian military hardware was destroyed. Near the settlement of Borovaya in the Kharkov Region, a US-made AN/TPQ-36 counter-battery radar was obliterated. Also, a Ukrainian Zoopark-1 reconnaissance and fire control radar was destroyed near the settlement of Nikopol in the Dnepropetrovsk Region," the spokesman said.

In the past 24 hours, operational/tactical and army aviation and artillery of the Russian group of forces struck 72 Ukrainian artillery units at firing positions, manpower and military equipment in 102 areas, the general reported.

Russian air defenses destroy 25 Ukrainian combat drones in past day

Russian air defense forces intercepted three rockets of the HIMARS and Uragan multiple launch rocket systems and destroyed 25 Ukrainian unmanned aerial vehicles over the past day, Konashenkov reported.

"During the last 24-hour period, air defense capabilities intercepted three rockets of the HIMARS and Uragan multiple launch rocket systems. In addition, they destroyed 25 Ukrainian unmanned aerial vehicles in areas near the settlements of Krivosheyevka and Kremennaya in the Lugansk People’s Republic, Belogorovka, Avdeyevka and Chasov Yar in the Donetsk People’s Republic, Kamenskoye, Tokmak and Pologi in the Zaporozhye Region, Golaya Pristan and Zburyevka in the Kherson Region," the spokesman said.

In all, the Russian Armed Forces have destroyed 422 Ukrainian combat aircraft, 230 helicopters, 4,099 unmanned aerial vehicles, 421 surface-to-air missile systems, 9,108 tanks and other armored combat vehicles, 1,100 multiple rocket launchers, 4,796 field artillery guns and mortars and 10,141 special military motor vehicles since the beginning of the special military operation in Ukraine, Konashenkov reported.

 

AP/RT/Tass

Warring Sudanese factions fight on after failing to agree truce

Air strikes and artillery pounded Khartoum on Friday after Sudan's warring army and Rapid Support Forces paramilitary failed to agree to a ceasefire despite committing to protect civilians and allow humanitarian access.

A so-called declaration of principles was signed in Saudi Arabia late on Thursday after nearly a week of talks between the two factions, which had shared power before falling out over a transition to civilian rule.

RSF adviser Moussa Khadam told Sky News Arabia the group would abide by the principles agreed to and aimed to reach a complete ceasefire. But there was no let-up in violence and the army has not commented on the agreement.

Since clashing suddenly on April 15, the rival military factions have shown little sign they are ready to end deadly fighting that has uprooted hundreds of thousands of people and could pitch Sudan into a full-blown civil war.

The two forces issued competing statements on Friday that accused each other of harming civilians and ignoring the population's humanitarian needs.

The conflict has paralysed Sudan's economy and strangled its trade, aggravating a ballooning humanitarian crisis with the U.N. saying on Friday that 200,000people have now fled into neighbouring states.

However, U.N. Sudan envoy Volker Perthes said he expected ceasefire talks to start again on Friday or Saturday and, while previous truces broke down because both sides thought they could win, neither now believes that victory would be quick.

His upbeat assessment contrasted with disappointment among many in the capital.

"We were expecting that the agreement would calm down the war, but we woke up to artillery fire and airstrikes," said Mohamed Abdallah, 39, living in Khartoum. City residents said there was heavy fighting in parts of Khartoum and its adjoining sister city of Bahri.

In Darfur in the west, fighting between local militias that killed 450 people last month flared again in the city of Geneina as one group attacked another, rattling neighbourhoods with gunfire and artillery after two weeks of comparative calm.

In other parts of Darfur, where a war has simmered since 2003 killing 300,000 people and displacing 2.5 million, locally arranged ceasefires between the army and RSF appeared to hold.

In Port Sudan on the Red Sea, Al-Taj al-Tayyib said he hoped Thursday's agreement represented a start towards peace. "Our country doesn't need all these crises," he said.

HUMANITARIAN DEAL

Thursday's deal, the product of Saudi and U.S.-brokered talks in Jeddah, includes commitments to allow safe passage for civilians, medics and humanitarian relief, and to minimize harm to civilians and public facilities.

U.S. officials said negotiations for a ceasefire would follow and Saudi Arabia called the agreement "a first step". Mediators had pushed for the warring factions to reach a limited initial agreement as tension between them put a wider ceasefire out of reach for now, one told Reuters.

However, a senior U.S. State Department official said the two sides "are quite far apart" and the official did not expect them to fully comply with the agreement.

The rival forces agreed to quit private homes and other property, but a family in Bahri said RSF fighters had tried to take over their house on Friday morning.

Khartoum residents have frequently accused the paramilitary of taking over houses and hospitals as part of a tactic to embed in districts throughout the city as it fights an army that can call on air power.

The RSF has denied the claim, accusing the army and other armed groups of invading property.

"The parties must convey clear and unequivocal instructions to lower ranks" to enforce Thursday's agreement, said the United Nations, African Union and regional organisation IGAD.

However, Cameron Hudson of the Center for Strategic and International Studies said he doubted the RSF had enough control over its fighters to do so.

Previous ceasefire agreements have been repeatedly violated, leaving civilians to navigate a terrifying landscape of chaos and bombardment with failing power and water, little food and a collapsing health system.

KILLED AND DISPLACED

Many UN and other agencies have suspended aid to Sudan and in particular Khartoum, awaiting guarantees that their supplies and staff will be safe.

The World Health Organization has said at least 600 people have been killed and more than 5,000 injured in the fighting, but that real numbers are likely much higher.

In Darfur, local activist Gouja said Thursday's deal could help solidify locally arranged ceasefires. "But if there's no mechanism to monitor, then it won't be an improvement," he added.

Little humanitarian aid has reached Darfur's main cities of Nyala and al-Fasher, Gouja said, with salaries unpaid for two months. In Geneina, infrastructure has been destroyed and the health system totally disabled, as tens of thousands of inhabitants have fled into nearby Chad.

More than 700,000 Sudanese have been internally displaced, according to the UN.

 

Reuters

With just $3 million in assets, two employees, no ATM, no website, and no transaction fees, Kentland Federal Savings and Loan is the smallest bank in America, and it’s been around for over 100 years.

You’ve most likely heard of America’s banking giants – JPMorgan Chase, Morgan Stanley, Citigroup, Wells Fargo, and the Bank of America – but what about the smallest fish in the pond, so to speak? Well, at the opposite end, we have Kentland Federal Savings and Loan, officially the smallest bank in the United States of America. Founded back in 1920, by the great-grandfather of its current CEO, this tiny financial institution has only ever had one branch in Kentland, Indiana, and has only offered three services – obtaining a home mortgage, opening a savings account, and opening a certificate of deposit.

“We were the only institution that didn’t close during the stock exchange debacle in the late 1920s,” CEO James A. Sammons told Bloomberg. “People felt secure that their money wasn’t going anywhere.”

But the banking climate in America has changed in the last century, so Kentland Federal Savings and Loan is like looking back in time. Both CEO Sammons and his part-time teller are technology-averse and prefer using mechanical devices like a traditional coding machine to write checks. It is one of the reasons that Sammons believes that his way of doing business might end with him.

“When I am finished—whether it’s regulators pressuring us to be absorbed or me walking away—we will have to be acquired,” the 55-year-old CEO said.

Another reason for the impending demise of the Kentland Federal Savings and Loan is the small profit margins practiced by America’s smallest bank. It has managed to beat the local competition with slightly better rates on savings accounts and mortgages, but this is the only source of income, because the bank does not have ATM fees, no wire fees and no transaction fees of any kind.

 

Oddity Central

We have all heard the saying, “age is just a number,” but could there be some truth to the idea that certain ages are associated with peak physical attractiveness? According to recent studies, the answer is yes. Scientists have pinpointed the age at which people are considered the most physically attractive, and the results may surprise you.

Physical attractiveness is a subjective and ever-changing concept, but according to recent research, there may be a specific age when people are considered most attractive. Experts in the field have weighed in with their findings.

Age 30!

According to a study conducted by Allure magazine by surveying 2,000 Americans, women are perceived as most beautiful at the age of 30. However, they start showing signs of ageing by the age of 41 and are no longer considered sexy by the time they turn 53. Finally, they are generally regarded as ‘old’ once they hit 55 years of age.

A study published in the journal “Evolution and Human Behavior” found that men and women are considered most attractive in their late teens and early twenties. In addition, the study surveyed a diverse group of individuals from various cultures and backgrounds and found a consensus that people in this age range were considered the most attractive. This is due to the peak of physical maturity and youth-associated cues such as smooth skin, clear complexion, and symmetrical features.

Another study published in the journal “Psychological Science” found that attractiveness also peaks in a person’s early 30s. In addition, the study found that people in their 30s were considered more attractive than those in their 20s or 40s due to the youthful characteristics and the experience and confidence that comes with age.

 

Frenz Hub

Nigeria’s oil production fell below the one million mark in April 2023.

The production figure fell to 998,602 barrels per day (bpd), a 21.26 percent decline compared to March, when output was 1,268,202 bpd.

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) disclosed this in its latest crude oil and condensate production data for April 2023.

The volume of production is at its lowest point in the last seven months.

In the previous year, oil production fell below one million bpd in August and September owing to several issues, including oil theft.

According to the NUPRC report, oil production decreased from 1.517 million bpd in March 2023 to 1.245 million bpd in April 2023, with the addition of condensate.

Condensate is a mixture of light liquid hydrocarbons, similar to a light (high API) crude oil. It is usually separated from a natural gas stream at the point of production (field separation) when the temperature and pressure of the gas are dropped to atmospheric conditions.

Speaking about the current oil output, Gbenga Komolafe, chief executive officer (CEO) of the NUPRC, on Wednesday, said oil production is currently about one million bpd below “its technically allowable capacity”.

He was represented by Kelechi Ofoegbu, the executive commissioner for economy, regulatory, and strategic planning, NUPRC, at a host communities sensitisation workshop.

Komolafe attributed the low oil production to a number of issues, including the energy transition’s impact on hydrocarbon funding, a lack of investments, and insecurity.

“While the commission is prioritising efforts towards increasing oil and gas production and ensuring maximum federation revenue through the optimisation of oil and gas value chain, the efforts have been constrained by a myriad of challenges,” he said.

“These challenges range from insecurity, low investment, and de-prioritisation of funding of hydrocarbon development arising from the energy transition.

“Currently, Nigeria has the technical allowable capacity to produce about 2.5 million barrels of oil per day. However, arising from the highlighted challenges, our current production hovers around 1.5 million barrels of oil and condensate per day.”

 

The Cable

WESTERN PERSPECTIVE

In Bakhmut's ruins, Ukraine says intensity of Wagner attacks growing

A Ukrainian brigade commander fighting in the ruins of Bakhmut said Russian mercenary forces have stepped up shelling and artillery attacks in recent days and were not facing a munitions shortage, despite its chief's claims to the contrary.

Russian mercenary boss Yevgeny Prigozhin has complained for weeks that Russia's army is depriving his Wagner troops of enough ammunition to capture the eastern Ukrainian city, where months of fierce fighting have been dubbed the "meat grinder".

Reuters has not been able to independently confirm the situation on the ground there.

Ukrainian Colonel Roman Hryshchenko, the commander of Ukraine's 127th Territorial Defence Brigade, rejected Prigozhin's claims in an interview by video link.

"They haven't had anything even close to a munitions deficit. In the last few days, the intensity of shelling and rocket artillery has increased," Hryshchenko said.

He said Russian forces were conducting constant assaults in the city - and that Ukrainian troops were beating them back.

"The situation is difficult. The enemy is throwing a great deal of its forces at us, constant waves of assaults," he told Reuters late on Wednesday.

He and the rest of his brigade have inhabited the ruins of Bakhmut for nearly two months, he said.

He messaged shortly after the interview to say the positions where he had spoken from had been set ablaze by a strike.

He said Russian forces were suffering casualties several times higher than his unit, but declined to give numbers.

"(Russia) is losing a great deal of its troops… Bakhmut has already fulfilled its main task, and continues to fulfil it. Here, we are butchering the enemy's manpower," he said.

The former military prosecutor said only 30% of his brigade, which was originally recruited as a local territorial unit in March 2022 when their home city of Kharkiv was attacked, had previous combat experience but they were now seasoned soldiers.

"They (Russian forces) don't just retreat by themselves. It's a big, arduous task, and we need to work very hard to drive them out," he said. "For every metre, ten metres, section of trench, for every building, we need to try very hard."

He suggested that news from Bakhmut, of an unspecified nature, would be coming "soon", smiling but declining to expand.

"I ask everyone to have a little bit of patience, and you will see," he said.

 

RUSSIAN PERSPECTIVE

Russian military clarifies frontline situation in Ukraine

Russian Defense Ministry has denied rumors of a large-scale Ukrainian counterattack, noting in a statement late on Thursday that the situation along most of the frontline appeared to be relatively calm, with the only heavy fighting in and near Artyomovsk, also known as Bakhmut.

“Reports by certain Telegram channels of ‘breaches of defenses’ in several places along the line of contact are not accurate,” the ministry said around 11 pm Moscow time. “The general situation in the area of the special military operation is under control.”

According to the Russian military, the last remaining part of Artyomovsk was being stormed with air force and artillery support, while there was an “ongoing battle” to repel the attack of Ukrainian units in the direction of Malo-Ilyinkovka, northwest of the city, with “heavy enemy casualties in lives and equipment.”

Eight Ukrainian attacks and three attempts at reconnaissance in force were repelled on the Donetsk front, the Russian military said. Russian forces continue efforts to take all of Marynka and blockade Avdeevka.

Ukrainian troops attempted two company-sized attacks towards Kremennaya but were repulsed. Three scouting parties were defeated further north, near Kupyansk. The ministry first said there had been no “active operations” on Kherson or Zaporozhye fronts in the south, but later published a list of Ukrainian losses on the Kherson front from Russian artillery, and reported shooting down 12 HIMARS rockets and a Su-25 ground attack jet.

Earlier in the day, multiple military correspondents had reported that the Ukrainian counter-offensive might have started, with a “breakthrough” near Artyomovsk and several attacks all along the frontline. One reporter cited military sources to claim the Ukrainians had used chemical weapons at a stretch of the Zaporozhye front as well.

Kiev has not commented on Thursday’s movements so far. Earlier in the day, Ukrainian President Vladimir Zelensky claimed his military still needed more time to prepare before the long-awaited spring attack.

** US begins passing confiscated Russian money on to Ukraine

US Attorney General Merrick Garland has authorized the first-ever transfer to Ukraine’s state coffers of expropriated Russian funds.

In a statement on Wednesday, the official said the money seized from Russian businessman Konstantin Malofeyev will be sent for the reconstruction of Ukraine, in response to Moscow’s military operation in that country, which began in February 2022.

“While this represents the US’ first transfer of forfeited Russian funds for the rebuilding of Ukraine, it will not be the last,” the Attorney General stated.

Last year, the US Department of Justice charged Malofeyev with sanctions evasion. At the time, prosecutors claimed the businessman had provided financing for Russians promoting separatism in Crimea, the formerly Ukrainian territory that reunified with Russia in 2014.

At the time Garland announced “the seizure of millions of dollars from an account at a US financial institution traceable to Malofeyev’s sanctions violations.”

Washington and its allies have been debating the issue of expropriating Russian funds since last year, arguing over, among other aspects of the scheme, the legality of using such frozen assets to help Ukraine.

The US Department of Justice has launched a dedicated unit called KleptoCapture to help enforce sanctions on Russian government officials and business figures, targeting their yachts, jets, real estate, and other assets.

In December, the US Congress passed a law directing the State Department to award certain proceeds from confiscated Russian assets to Ukraine. The first such transfer was approved in February and involved $5.4 million seized from Malofeyev.

Moscow has called Western attempts to transfer the seized assets to Ukraine “barbarism,” saying that, if necessary, Russia will respond in kind. Moscow has also described the freezing of its assets as “theft,” warning that it violates international law.

 

Reuters/RT/Tass

 

 

 

 

The Federal Government spent $112.35m servicing external debt in January 2023. Data from the Central Bank of Nigeria’s Weekly International Payments showed that the amount spent in January was 146.17 per cent higher than the $45.64m spent in December 2022.

This occurred as the Federal Government struggled to boost its revenue base despite its revenue generation efforts.

The Federation Account Allocation Committee shared N750.17bn among the three tiers of government in January 2023.

The figure represents a decrease of N240.02bn compared to the N990.19bn shared in December 2022.

In 2022, Nigeria spent $2.4bn to service its external debt, which was a slight increase from the $2.11bn spent in 2021.

Federal Government deducted over N78bn from allocations made to the states for external debt servicing.

This was according to data from the Federation Account Allocation Committee Disbursement reports published by the National Bureau of Statistics.

The deductions were made in 2022 from the allocations given to state governments from the Federation Account.

The federation account is currently being managed under a legal framework that allows funds to be shared under three major components: statutory allocation, Value Added Tax distribution and derivation principle.

The most hit state by the deductions was Lagos, with about N23.61bn deducted in 2022 for external debt servicing.

It was followed by Kaduna, with N10.25bn deducted, and Cross River with N7.56bn deducted.

The International Monetary Fund recently said the Federal Government projected to spend 82 per cent of its revenue on interest payments in 2023.

According to the IMF, external debt (including that of the private sector) will rise to $121.6bn, with external reserves climbing to $37.5bn.

It disclosed this in a table of projections in its ‘IMF Executive Board Concludes 2022 Article IV Consultation with Nigeria Summary

The projections showed an improvement in the share of the government’s revenue used as interest payment, with interest payment falling from 96.3 per cent in 2022 to 82 per cent in 2023.

It added that interest payment was 86.1 per cent and 87.8 per cent of the Federal Government’s revenue in 2020 and 2021, respectively.

 

Punch