WAO ART #215

Storm Lee has left 80,000 properties without power and is set to hit Nova Scotia, with hurricane-force winds of 80 mph. Flights, ferries, and millions in New England and Canada are affected. Downed trees and power outages are expected. The last hurricane to hit Maine was in 1969.

Ukraine's attacks on Crimea, damaging Russian assets, hint at potential plans to challenge Russia's. The strategy involves dominating the northwestern Black Sea and disrupting Russian logistics in the south. Notably, Ukraine's operations in Crimea complement its broader counter-offensive.

Ovidio Guzmán, son of the infamous lord "El Chapo" Guzmán, has been extradited to the US, accused of leading the Sinaloa cartel. The extradition is part of a broader effort to combat cartel operations. Ovidio's father, El Chapo, is serving a life sentence in the US.

Binance CEO Changpeng Zhao (CZ) responded harshly to the growing fear, uncertainty, and doubt (FUD) surrounding the company following the departure of executives, particularly in the US branch. CZ defended the former CEO of Binance US, Brian Shroder, and praised his accomplishments for the company.

RBA data suggests that the mortgage cliff's economic impact may have peaked, with most Australians already switching from cheaper fixed-rate to more expensive variable-rate home loans. While some faced mortgage stress, households had saved record amounts during the pandemic.

One of China's top influencers, Li Jiaqi, has faced backlash for dismissing a follower's complaint about high makeup prices. Li's response, suggesting that those who couldn't afford the product didn't work hard enough, struck a nerve as China's youth struggle with high unemployment rates.

An official in eastern Libya has denied allegations that many of those killed in devastating floods last weekend were told to stay in their homes. The official, Othman Abdul Jalil, stated that soldiers warned people in the city of Derna to flee and denied that people were told not to evacuate.