CCTV cameras in Mexico recently recorded one of the strangest street fights in history involving a band of mariachi and a fire-breathing performer quarreling over busking territory.
They say life is stranger than fiction and a short video clip captured by surveillance cameras in the Mexican city of Morelia proves it! Not even the brilliant Quentin Tarantino could have come up with the idea of a fiery street fight between a group of guitar-armed mariachi and a street-performing fire-breather in broad daylight, but that’s exactly what occurred last week, at a busy intersection in the Mexican capital. The viral video shows a man being chased by a mariachi and then put in a headlock until more mariachi arrives. They punch and kick the man, but then he turns the tables on them, as he starts blowing plumes of flames at them, literally setting them ablaze. Not the kind of thing you see every day, that’s for sure!
The bizarre incident occurred outside a taco restaurant called El Inferno in Morelia, west of the capital, and was caught on camera by surveillance cameras, otherwise, few would believe it actually happened. The fire-breathing performer was the only one who went to the hospital to have his wounds treated, but the footage shows at least one of the mariachi being set ablaze by the enraged fire-breather. The members of the mariachi group were all wearing shirts, and their clothes quickly caught on fire.
According to local police, the street fight most likely began over territory, as street performers often tend to compete for the right to perform in coveted places known to generate higher daily revenue. Competition between buskers in Mexico is so fierce that such disputes involve firearms and can prove fatal. This is one of the very few cases, if not the only one, where fire breathing was used as a weapon.
México: Un conjunto de mariachis persigue a un individuo, quien se defiende lanzándoles fuego .
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Is it time to celebrate or brace for impact? Read on to find out!
1. US Inflation Indexes: A Short Intro
US Inflation indexes measure changes in the prices of goods and services over time. They provide valuable data for understanding inflationary trends in the economy. These indexes help policymakers, businesses, and individuals gauge the rate of inflation and its impact on purchasing power and overall economic stability.
2. Key Inflation Indexes to be Released Soon
Here are the key inflation indexes to be released this month.
US Core Inflation Rate MoM
Measures monthly change in overall prices, excluding volatile food and energy costs, providing insight into underlying inflation trends.
US Core Inflation Rate YoY
Tracks year-over-year change in core inflation, offering a long-term view of price stability, unaffected by short-term fluctuations in food and energy prices.
US Inflation Rate MoM
Reflects monthly change in overall consumer prices, including food and energy, capturing short-term fluctuations in inflationary pressures.
US Inflation Rate YoY
Indicates year-over-year change in overall consumer prices, providing a broader perspective on inflation trends, inducing long-term effects.
US CPI
Measures the average change over time in prices paid by urban consumers for a basket of goods and services, representing the overall cost of living.
US CPI S.A
Seasonally adjusted version of CPI, removing the effects of seasonal variations, offering a clearer view of underlying inflation trends.
US PPI
Tracks changes in prices received by producers for goods and services, serving as an indicator of inflationary pressures in the production process.
US PPI MoM
Measures monthly change in producer prices, providing insight into short-term fluctuations in input costs for producers.
US Core PPI MoM
Indicates monthly change in producer prices, excluding volatile food and energy costs, offering a clearer picture of underlying inflationary pressures in production.
US Core PPI YoY
Tracks year-over-year change in core producer prices, providing a long-term view of inflationary trends in the production sector, unaffected by short-term fluctuations.
3. Historical Analysis of Major Inflationary Indexes
Let’s do a historical analysis of each inflation index.
3.1. US Core Inflation Rate MoM: Historical Analysis
At the beginning of the year, the US Core Inflation Rate MoM was around 0.392%. It saw a decrease in February, to 0.358%. In March, it slightly increased to 0.359%. The forecast is that it will be 0.3% this month.
3.2. US Core Inflation Rate YoY: Historical Analysis
At the beginning of the year, the US Core Inflation Rate YoY was around 3.9%. In February, it decreased to 3.8%. In March, it saw no change, as it remained around 3.8%. The forecast is that it will come down further to 3.7%.
3.3. US Inflation Rate MoM: Historical Analysis
In January 2024, the US Inflation Rate was around 0.3%. It saw a major increase in February when it grew from 0.3% to 0.4%. In March, it showed no change, as it remained in the 0.4% level. The forecast is that this month it will come down to 0.3%.
3.4. US Inflation Rate YoY: Historical Analysis
In January 2024, the US Inflation Rate YoY was around 3.1%. It slightly raised to 3.2% in February. In March, it sharply increased to 3.5%. The prediction is that it will remain at the 3.5% level this month also.
3.5. US CPI: Historical Analysis
In January 2024, the US CPI was around 308.417 points. Since then, it has been consistently growing. In February, it reached the mark of 310.326 points, and in March, it touched the level of 312.332 points. The forecast is that it will cross 313.9 points this month.
3.6. US CPI s.a: Historical Analysis
In January 2024, the US CPI s.a was nearly 309.685 points. Since then, the rate has been steadily increasing. In February, it crossed the mark of 311.064 points. In March, it reached the level of 312.23 points. The prediction is that the trend will continue as such pushing it to the mark of 313.2 points.
3.7. US PPI: Historical Analysis
In January 2024, the US PPI was roughly 142.676 points. In February, it saw a sharp increase, when it climbed from 142.676 to 143.466, swiftly. The trend continued in March also, when it touched the level of 143.687 points. The forecast is that no change in the trend is likely to happen and it will reach even the level of 143.9 points.
3.8. US PPI MoM: Historical Analysis
In January 2024, the US PPI MoM was nearly 0.4%. In February, it sharply increased to 0.6%. Conversely, in March, it saw a sharp decrease, when it slipped from 0.6% to 0.2%. The forecast is that it will remain in the 0.2% range this month also.
3.9. US Core PPI MoM: Historical Analysis
In January 2024, the US Core PPI MoM was as high as 0.5%. Since then, it has been steadily decreasing. In February, it came down to 0.3%. In March, it reached 0.2%, marking a sharp decrease when compared to its January range of 0.5%. The forecast is that this month also it will remain in the 0.2% range.
3.10. US Core PPI YoY: Historical Analysis
In January 2024, the US Core PPI YoY was nearly 2%. Since then, it has been consistently rising. In February, it reached the range of 2.1%. In March, it touched 2.4%. The forecast is that this time it will hover around the range of 2.4%.
4. US Inflation Indexes Conveying About The Future Prospects of Cryptos: A Predictive Analysis
The historical analysis of major inflationary indexes in the US provides valuable insights into the future prospects of the crypto market. Looking at the trends:
US Core Inflation Rate MoM and YoY
Stable core inflation rates indicate economic steadiness. If upcoming rates match the forecast, it would likely sustain confidence in the crypto market. However, if rates were to decrease, it might lead to a slight decrease in enthusiasm for cryptocurrencies as an inflation hedge. Conversely, an increase could stimulate demand for cryptocurrencies, particularly as an inflation hedge, potentially driving up prices.
US Inflation Rate MoM and YoY
Similar to core inflation, overall inflation rates show stability. If upcoming rates align with the forecast, it would likely maintain confidence and stability in the crypto market. A decrease in inflation rates might have a mild dampening effect on crypto enthusiasm, while an increase could reinforce crypto’s appeal as an inflation hedge, potentially increasing demand and price.
US CPI and CPI s.a
Consistent growth in the Consumer Price Index signals healthy demand. If upcoming CPI levels meet the forecast, it would signify continued growth and stability in the crypto market. A decrease in CPI levels might indicate an economic slowdown, leading to slight corrections in crypto prices. Conversely, increase in CPI levels could strengthen the case for cryptocurrencies as an inflation hedge, potentially driving up demand and prices.
US PPI and PPI MoM
The mixed trend in the Producer Price Index suggests economic uncertainty. If upcoming PPI levels match the forecast, uncertainty in the crypto market may persist. A decrease in PPI levels might boost investor confidence in cryptocurrencies, leading to moderate price increases, Conversely, an increase in PPI levels might heighten uncertainty, prompting cautious investment and potential shifts towards more stable assets.
US Core PPI MoM and YoY
Stability in the Core Producer Price Index indicates confidence in economic fundamentals. If upcoming Core PPI levels align with the forecast, it would likely reinforce confidence in the crypto market. A decrease in Core PPI levels might ease inflationary pressure, resulting in moderate price adjustments in cryptocurrencies. Conversely, an increase might raise concerns about inflationary risks, potentially impacting crypto demand and prices.
Endnote
The upcoming inflation data releases are poised to be a turning point for the cryptocurrency market.
Stable or expected trends in core inflation rates, overall inflation rates, consumer price indexes, and producer price indexes are likely to maintain confidence and stability in the crypto market. However, deviations from these forecasts could lead to adjustments in investor sentiment and potentially impact demand and prices in the crypto space.
Will they signal economic stability and boost crypto confidence, or will they spark uncertainty and price fluctuations? Stay tuned.
Because the field continues to get better from large industrial and shuttle disruptions precipitated by a immoral instrument update from cybersecurity agency CrowdStrike, malicious actors are attempting to take good thing about the wretchedness for his or her hang create.
Authorities cybersecurity companies within the course of the globe and CrowdStrike CEO George Kurtz are warning firms and folks about new phishing schemes that involve malicious actors posing as CrowdStrike workers or diverse tech consultants offering to reduction those bettering from the outage.
“We know that adversaries and nasty actors will strive to take good thing about occasions fancy this,” Kurtz acknowledged in a assertion. “I reduction all individuals to stay vigilant and salvage shuffle that you’re taking part with official CrowdStrike representatives.”
The UK Cyber Safety Center acknowledged they’ve seen an salvage bigger in phishing attempts round this occasion.
Microsoft acknowledged 8.5 million units working its Home windows working machine like been laid low with the immoral cybersecurity update Friday that led to worldwide disruptions. That’s no longer up to 1% of all Home windows-based entirely mostly machines, Microsoft cybersecurity govt David Weston acknowledged in a weblog post on Saturday.
Oeisdigitalinvestigator.com: What’s going on with air shuttle?
Passengers wait at Benito Juárez Global Airport in Mexico Metropolis, Friday, July 19, 2024. Some flights like been canceled and others like been delayed amid a global technology outage. (AP Record/Marco Ugarte)
With their tightly timed, interwoven schedules and advanced technology programs, many colossal airlines war to lift on time when the total lot goes neatly. It almost certainly was once no longer beautiful that the industry was once among the toughest hit by the outage, with crews and planes caught out of region.
By mid-afternoon Saturday on the U.S. East Cruise, airlines around the field had canceled larger than 2,000 flights, based entirely totally on monitoring service FlightAware. That was once down from 5,100-plus cancellations on Friday.
About 1,600 of Saturday’s canceled flights occurred within the US, where carriers scrambled to get planes and crews lend a hand into region after large disruptions the day earlier than. Essentially basically based on shuttle records provider Cirium, U.S. carriers canceled about 3.5% of their scheduled flights for Saturday. Finest Australia was once hit extra difficult.
Canceled flights like been working at about 1% within the UK, France and Brazil and about 2% in Canada, Italy and India among predominant air-shuttle markets.
Robert Mann, a feeble airline govt and now a knowledgeable within the Original York dwelling, acknowledged it was once unclear exactly why U.S. airlines like been suffering disproportionate cancellations, however that you should presumably presumably presumably also imagine causes consist of a bigger level of outsourcing of technology and extra exposure to Microsoft working programs that obtained the immoral enhance from CrowdStrike.
Oeisdigitalinvestigator.com: Which airlines are getting hit the toughest?
Delta Air Lines canceled larger than 800 flights, or one-fourth of its agenda for Saturday, and that quantity did no longer consist of Delta Connection regional flights. It was once adopted by United Airlines, which dropped near to 400 flights.
The worst airport to be, for a 2d straight day, was once Hartsfield–Jackson Atlanta Global Airport, where Delta is the dominant provider. The Atlanta Journal-Constitution reported that hundreds of folks spent the evening on the airport, many drowsing on the bottom.
European airlines and airports regarded as if it’d be bettering slowly, even if Lufthansa and its pals canceled dozens of flights. Its Eurowings budget subsidiary acknowledged take a look at-in, boarding, reserving and rebooking flights like been all available all once more, even if “isolated disruptions” like been that you should presumably presumably presumably also imagine.
London’s Heathrow Airport acknowledged it was once busy however working in overall on Saturday and that “all programs are lend a hand up and working.” Flights at Berlin’s predominant airport like been departing on or shut to agenda, German Press Agency dpa reported, citing an airport spokesman.
Oeisdigitalinvestigator.com: How are healthcare programs holding up?
Health care programs laid low with the outage confronted medical institution closures, canceled surgical procedures and appointments and restricted get entry to to patient records.
Cedars-Sinai Scientific Center in Los Angeles, Calif., acknowledged “neatly-liked progress has been made” to lift its servers lend a hand online and thanked its patients for being flexible all the plot by the crisis.
“Our teams will be working actively by the weekend as we continue to resolve final components in preparation for the initiate of the work week,” the neatly being facility wrote in a assertion.
In Austria, a leading organization of doctors acknowledged the outage exposed the vulnerability of relying on digital programs. Harald Mayer, vice president of the Austrian Chamber of Scientific doctors, acknowledged the outage showed that hospitals want analog backups to offer protection to patient care.
The organization frequently is incessantly called on governments to impose excessive standards in patient records protection and security, and on neatly being suppliers to prepare workers and place programs in region to administer crises.
“Happily, where there like been concerns, these like been saved runt and short-lived and plenty areas of care like been unaffected” in Austria, Mayer acknowledged.
The Schleswig-Holstein College Health facility in northern Germany, which canceled all optional procedures Friday, acknowledged Saturday that programs like been step by step being restored and that optional surgery can also resume by Monday.
Oeisdigitalinvestigator.com: Will the tech industry face a reckoning?
“I wasn’t that taken aback that an accident precipitated severe global digital disruption. I was once a diminutive bit taken aback that the reason for it was once a instrument update from a basically neatly-respected cybersecurity firm,” acknowledged Oxford College management professor Ciaran Martin, a feeble chief govt of the U.Ample.’s Nationwide Cyber Safety Center.
“There are some very laborious questions for CrowdStrike. How on earth did this update get by quality preserve watch over?” he acknowledged. “Clearly the attempting out regime, no matter it’s a long way, failed.”
Martin acknowledged governments within the U.Ample. and the European Union will be powerless to steal steps to prevent such breakdowns “due to the we like become dependent on a basically American version of technology, and the facility to enact something else about that doesn’t relaxation on this continent.”
Other analysts doubted that the outage would lead Washington or any diverse government to signify new mandates on tech firms.
“I don’t know what the mandate would be. Make better QA?” acknowledged Gartner analyst Eric Grenier, the utilization of an acronym for quality assurance.
Oeisdigitalinvestigator.com: What did scam artists study from the outage?
Grenier expects that a majority of affected machines will be mounted in about a week, with extra time desired to reach laptops ragged by a long way-flung workers due to the the work can’t be performed remotely – it’s a hands-on operation.
On the moment, there’ll be scammers looking out out for to steal earnings of firms that like indicated they like been laid low with the outage.
“The chance is terribly real,” Grenier acknowledged. “Inferior actors just like the records to send focused phishing emails and calls. They know what endpoint-protection instruments you spend. They know you spend CrowdStrike.”
Grenier acknowledged affected firms want to salvage shuffle they spend a fix provided by CrowdStrike. “Don’t accept the reduction of someone popping abruptly and saying, ‘I’ll fix that for you,’” he acknowledged.
Oeisdigitalinvestigator.com: ___
Isabella O’Malley in Philadelphia, Stephen Graham in Berlin and Technology writer Matt O’Brien contributed to this portray.
The former interpreter for Los Angeles Dodgers star Shohei Ohtani pleaded guilty to bank and tax fraud on Tuesday and admitted to stealing nearly $17 million from the Japanese baseball player to pay off sports betting debts.
Ippei Mizuhara’s crimes stunned the baseball world, shattering his image as Ohtani’s shadow at ballparks around the U.S.
He entered his guilty plea Tuesday in federal court in Santa Ana, California.
Ippei Mizuhara pleaded guilty and admitted to stealing nearly $17 million from the Japanese baseball player to pay off sports betting debts. REUTERS
The ex-interpreter had exploited his personal and professional relationship with Ohtani to plunder millions from the two-way player’s account for years, at times impersonating Ohtani to bankers.
Mizuhara signed a plea agreement that detailed the allegations on May 5, and prosecutors announced it several days later.
Mizuhara’s winning bets totaled over $142 million, which he deposited in his own bank account and not Ohtani’s.
But his losing bets were around $183 million, a net loss of nearly $41 million. He did not wager on baseball.
Ippei Mizuhara is the former interpreter for Los Angeles Dodgers star Shohei Ohtani. USA TODAY Sports via Reuters Con
Mizuhara pleaded guilty to one count of bank fraud and one count of subscribing to a false tax return.
The bank fraud charge carries a maximum of 30 years in federal prison, and the false tax return charge carries a sentence of up to three years in federal prison.
The sentencing hearing is scheduled for Oct. 25.
Mizuhara pleaded guilty to one count of bank fraud and one count of subscribing to a false tax return. AP
Mizuhara’s plea deal was negotiated with prosecutors before he was even arraigned in federal court in Los Angeles in mid-May. REUTERS
He also is required to pay Ohtani restitution that could total nearly $17 million, as well as more than $1 million to the IRS.
Those amounts, however, could change prior to sentencing.
Mizuhara’s plea deal was negotiated with prosecutors before he was even arraigned in federal court in Los Angeles in mid-May.
He was initially charged with one count of bank fraud.
There was no evidence Ohtani was involved in or aware of Mizuhara’s gambling, and the player cooperated with investigators, authorities said.
México: Un conjunto de mariachis persigue a un individuo, quien se defiende lanzándoles fuego
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