All posts tagged: fleeing

‘Chexit’: Global Asset Managers Are Fleeing China

‘Chexit’: Global Asset Managers Are Fleeing China

Authored by Anders Corr via The Epoch Times, Fidelity International (FIL) is reportedly the latest fund manager to plan a pullout from its China fund. FIL launched a wholly-owned subsidiary in Shanghai three years ago, but a lack of demand from retail investors led to disappointing growth. Reuters first reported the story. According to its sources, “A combination of fierce local competition, frequent leadership turnover and chronic struggles to build scale ultimately convinced global FIL executives that the China retail venture was untenable.” FIL has $1.18 trillion in assets under management (AUM). It started its China fund in 2023. The next year, Reuters saw an internal FIL document that said it needed more than $14 billion in assets to become profitable. After several years, it had reportedly reached only about $670 million (less than 5 percent of the goal) and began planning an exit. Fidelity follows multiple other global asset managers that are backing away from China amid domestic competition and geopolitical tensions. These include Schroders, Legal & General, and Vanguard. The companies that left …

Rumor Of Imminent New Russian Mobilization Sends More Young Men Fleeing Across Borders

Rumor Of Imminent New Russian Mobilization Sends More Young Men Fleeing Across Borders

Ukraine alleges that the Kremlin is on the brink of mobilizing another 300,000 troops later this year in order to make up for significant battlefield losses. “Russia has lost 267,000 personnel since the start of the year, including around 155,000 killed to date,” Ukrainian President Volodymyr Zelensky claimed in remarks released Sunday. “We are confident that following the elections, they will carry out a mobilization. We believe this will not take place in the major cities.” Border crossing into the Republic of Georgia, via AFP Zelensky further asserted his belief that Putin would “deploy the 300,000 newly mobilized troops depending on the situation in the east of our country.” Neither side has ever issued public war casualty figures, and so Zelensky’s claim of the massive number of Russia soldiers killed remains impossible to evaluate accurately. But as for preparations for a new wave of mobilization on the Russian side, The Wall Street Journal says that this rings true. The publication has chronicled some anecdotal evidence, seeing signs of serious preparation. “Last month Russian military officers flew from St. …

Naked college swimmer killed security guard before fleeing on foot in Maui, police say

Naked college swimmer killed security guard before fleeing on foot in Maui, police say

A college athlete was arrested Thursday and accused of killing a 63-year-old security guard after police found him wandering naked through the streets of Maui. Legend Storer, 20, was arrested and charged with second-degree murder, first-degree burglary and indecent exposure, according to online court records. Storer was a student at Concordia University Irvine and a member of the university’s NCAA Division II swim team during the 2024 to 2025 academic school year, according to the team’s roster. He is accused of killing Michael Dyer, 63, of Lahaina, Hawaii, according to the court records. Dyer was working as a security guard at a residential building in Lahaina, on Maui’s west coast, according to news release by the Maui Police Department. Storer has pleaded not guilty to the charges. The Maui Police Department did not name Storer but said it received calls about a 20-year-old nude man wandering the streets of the nearby Kahana neighborhood around 3 a.m. on Thursday. Police said they apprehended the man around 3:30 a.m. and took him to Maui Memorial Medical Center …

Brit jailed for £800k drug operation after fleeing to Spain while on bail | UK | News

Brit jailed for £800k drug operation after fleeing to Spain while on bail | UK | News

A British fugitive who fled to Spain after being charged over an £800,000 drugs operation has been jailed for five years after being extradited back to the UK. Callum Fox, 29, was sentenced for directing serious and organised crime linked to a major drug supply network in Paisley, Renfrewshire. The case dates back to July 6, 2022, when Police Scotland officers raided a flat on Albion Street in Paisley under warrant and seized drugs with an estimated street value of £800,000. Information uncovered during the investigation led detectives to Fox, who they identified as playing a leading role in organising the large-scale supply and distribution of illegal drugs. Following extensive enquiries, Fox was arrested by the Police Service of Northern Ireland in August 2024 and returned to Scotland, where he was charged with directing others in drug dealing. After appearing in court, he was released on bail but later absconded, fleeing to Spain in a bid to evade justice. Working alongside the National Crime Agency and Spanish law enforcement authorities, Police Scotland tracked Fox down …

Devastating wildfires send 267,000 fleeing in France and Spain

Devastating wildfires send 267,000 fleeing in France and Spain

So far, no deaths have been reported in the civilian population, but two French firefighters died earlier this week near Bordeaux. France’s interior minister, Laurent Nunez, said the wildfire in the Gironde region where Bordeaux is located “was less intense last night than we feared” and was no longer a “convective” type of fire that self-fuels through rising currents. The government delegation in Madrid also said on X early on Saturday that overnight conditions had “greatly aided the fight against the wildfires, which advanced little and decreased in intensity”. But the battles were far from won. Spain’s Sanchez warned: “We are going to have some complex hours ahead because although the temperatures have gone down, we do not know exactly how the wind will develop, how strong it will be.” TINDERBOX CONDITIONS The fires in Spain and France advanced quickly because of tinderbox conditions worsened by successive heatwaves the two countries have experienced since May. Scientists say global warming is increasing droughts and causing weather emergencies to become more extreme and more frequent. Europe is …

Driver fleeing police dives headfirst off Missouri bridge in getaway attempt

Driver fleeing police dives headfirst off Missouri bridge in getaway attempt

A 26-year-old man was captured on video bolting across a two-lane Missouri bridge and diving headfirst into the waterway below at the end of a car chase. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. Gavin Thor Lundgren, of Kimberling City, was behind bars Tuesday after he was booked into jail Saturday on allegations of resisting arrest by fleeing, careless driving, third-degree assault and interfering with an arrest, according to inmate records. Stone County Sheriff Doug Rader said deputies tried to stop the car Lundgren was driving in Kimberling City, a small municipality about 180 miles southeast of Kansas City, shortly before 2 a.m. Saturday but were led on a southbound pursuit that eventually ended up on the bridge. Dashcam video from a deputy’s vehicle shows the vehicle Lundgren is alleged to have been driving continuing to roll forward slowly after he jumped out. Deputies followed and reported no serious injuries related to the rolling sedan. Lundgren got out from the driver’s side of the vehicle, stumbled across …

Etsy Is In Its Flop Era, and Sellers Are Fleeing

Etsy Is In Its Flop Era, and Sellers Are Fleeing

In 2017, Emily Olson, a stay-at-home mom based in Boulder, Colorado, started selling prints and custom-made puppy portraits on Etsy. Her watercolors were simple and relatively cheap—images of saucer-eyed corgis and malamutes in mini-tuxes, which she sold for $75 to $300 each—but dog owners adored them: “They were a labor of love,” she says. In 2021, she says she made more than $40,000 off her Etsy store, and her social media following ballooned to 180,000 followers on YouTube. But in 2022, she noticed something odd: Her sales started precipitously declining. Competitors flooded the platform, and she kept finding copies of her work on drop-shipping sites like Alibaba, where they were advertised as original creations. Then there were the AI-generated pet portraits, which were supplanting her listings in search results and selling for a fraction of the price. The most frustrating part, she says, was that the AI-generated portraits were getting great reviews. “People were like, ‘Oh, this is the cutest image, I love it in my daughter’s bedroom.’ They didn’t really know or care who …

‘We were in danger of running it into the ground’: Brittany Howard on fleeing fame, fighting Trump and the epic return of Alabama Shakes | Alabama Shakes

‘We were in danger of running it into the ground’: Brittany Howard on fleeing fame, fighting Trump and the epic return of Alabama Shakes | Alabama Shakes

In the autumn of 2024, Alabama Shakes showed no sign of ending their indefinite hiatus – and nobody was asking them to. Seven years had passed since the blues-soul-rock band, who exploded out of Athens, Alabama in 2009, had last shared a stage. Their transatlantic Top 10 2012 debut Boys & Girls announced them; the million-selling 2015 follow-up Sound & Color went to No 1 in the US and won them four Grammys. Their fanbase included Bruce Springsteen, Robert Plant and Barack Obama. But by 2017 they were physically and creatively spent, and they stopped. Then, in December 2024, with almost no warning, they played their first show in more than seven years. “We had a friend in Tuscaloosa who had a brewery, but it wasn’t doing so well after Covid,” explains singer Brittany Howard. “He called me and said he was going to do a fundraiser and asked if I’d like to perform. I said, ‘For sure.’” But then she started reminiscing, remembering how that particular friend had been a huge help to the …

Looksmaxxing influencer Connor Murphy drowns in Thailand after fleeing police: reports

Looksmaxxing influencer Connor Murphy drowns in Thailand after fleeing police: reports

Stay ahead of the curve with our weekly guide to the latest trends, fashion, relationships and more Stay ahead of the curve with our weekly guide to the latest trends, fashion, relationships and more Stay ahead of the curve with our weekly guide to the latest trends, fashion, relationships and more Looksmaxxing influencer Connor Murphy has died after drowning in a lake in Thailand, according to local reports. He was 32. The Texas-born bodybuilder was known for posting stunts and skits on his social media accounts and his YouTube channel, where he had more than 2.4 million subscribers. He chronicled his looksmaxxing journey — going to extreme lengths to “optimize” his appearance — and gained attention for building out his jawline with sculpting facial exercises. In recent months, however, Murphy sparked concern from fans by sharing erratic videos in which he dressed as a wizard and claimed to see hallucinations. Local Thai outlets, the Bangkok Post and Thai Rath, report that Murphy drowned Tuesday night after he jumped into a lake near where he was …