Multi-Million-Dollar Homes Destroyed, Hollywood Stars Flee L.A. Wildfire

Agencies
October 29, 2019

Los Angeles, Oct 29: A fast-moving wildfire on Monday destroyed at least five multimillion-dollar homes in one of the wealthiest neighborhoods in Los Angeles and forced celebrities to flee in the middle of the night.

Among neighborhoods under evacuation orders was the posh area of Brentwood, a section on the west side of the city that became world-famous in 1994 when former football star O.J Simpson was accused of killing his ex-wife and a waiter there.

Today Brentwood is home to basketball superstar LeBron James, A-list Hollywood actors, wealthy producers and media company executives

James, who plays for the Los Angeles Lakers, said he and his family had to drive around in the early morning hours looking for a place to stay after fleeing the home he shares with his wife and three children. "Had to emergency evacuate my house and I've been driving around with my family trying to get rooms," James wrote on Twitter around 4 a.m.

He later added that he found a place to take them in "Crazy night man!," he said. Mr James bought a $23 million, eight-bedroom home in Brentwood in late 2017, according to media reports. On the northern edge of Brentwood, a cluster of several multimillion-dollar homes were reduced to smoldering debris along a street festooned with Halloween decorations

A fake bloody arm, part of the holiday decorations, had turned into melted plastic at one dwelling, and a giant skull replica remained in the front of another.

Heavy smoke and ash filled the air as water-dropping helicopters and airplane tankers buzzed overhead.

Dark Fate

Actor and former California Governor Arnold Schwarzenegger also said he was among the thousands who had to evacuate overnight "If you are in an evacuation zone, don't screw around Get out," Mr Schwarzenegger wrote on Twitter. A red-carpet premiere for Mr Schwarzenegger's new movie, "Terminator: Dark Fate," that had been scheduled for Monday night was canceled due to fires in the area. The "Terminator" premiere had been scheduled to take place in Hollywood, several miles from the fire zone.

Food intended for the premiere party was being donated to local American Red Cross shelters that were housing fire evacuees, Paramount Pictures said. "Agents of SHIELD" actor Clark Gregg and "Sons of Anarchy" creator Kurt Sutter also said on Twitter that they had been forced to leave their homes. The streets of Brentwood became familiar to TV viewers when Simpson stood trial on charges of stabbing ex-wife Nicole Brown Simpson and waiter Ronald Goldman.

Prosecutors alleged Simpson killed the pair at her Brentwood home and then fled to his nearby mansion. Simpson was acquitted of murder but later found liable for the deaths in a civil case.

He told the Associated Press in June he now lives in Las Vegas. Monday's fire erupted in the hills above where Simpson had lived and was near the Getty Center, a museum for the art collection of late oil magnate J Paul Getty that includes works by Rembrandt and Van Gogh, according to the museum's website. The Getty fire has forced schools to close in several areas, including the public school district encompassing Santa Monica and Pacific Palisades and the University of California Los Angles (UCLA).

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News Network
June 25,2020

Jun 25: Tencent Holdings Ltd.'s $40 billion surge this week and the recent ascent of Pinduoduo Inc. have reshuffled the ranking of China's richest people.

The country's largest game developer has surpassed Alibaba Group Holding Ltd. as Asia's most-valuable company, with its shares rising above HK$500 in intraday trading Wednesday for the first time. Pinduoduo, a Groupon-like shopping app also known as PDD, has more than doubled this year.

The rallies have propelled the wealth of their founders, with an added twist: Tencent's Pony Ma, worth $50 billion, has surpassed Jack Ma's $48 billion fortune, becoming China's richest person. And Colin Huang of PDD, whose net worth stands at $43 billion, has squeezed real estate mogul Hui Ka Yan of China Evergrande Group out of the top three earlier this year, according to the Bloomberg Billionaires Index.

The coronavirus pandemic has accelerated the digitization of the workplace and changed consumers' habits, boosting shares of many internet companies. Now tech tycoons are dominating the ranks of China's richest people. They occupy four of the top five spots: Ding Lei of Tencent peer NetEase Inc. follows China Evergrande's Hui.

‘Perform Strongly'

Tencent has come a long way since hitting a low in 2018, when China froze the approval process for new games. Since then, the stock has almost doubled, and last month the tech giant reported a 26 per cent jump in first-quarter revenue.

“Tencent's online games segment will probably perform strongly through the Covid-19 pandemic, and most of its other businesses are relatively unscathed,” said Vey-Sern Ling, a Bloomberg Intelligence analyst.

That has been a boon for Pony Ma, 48, who owns a 7 per cent stake in the company and pocketed about $757 million from selling some 14.6 million of his Tencent shares this year, data complied by Bloomberg show.

The native of China's southern Guangdong province studied computer science at Shenzhen University and was a software developer at a supplier of telecom services and products before co-founding Tencent with four others in the late 1990s. At the time, the company focused on instant-messaging services.

It has been a long comeback for Pony Ma. He overtook real estate tycoon Wang Jianlin as China's second-richest person in 2013 and topped Baidu Inc.'s Robin Li as the wealthiest in early 2014. Later that year, Alibaba went public in the U.S., catapulting Jack Ma's fortune.

Bloomberg Intelligence's Ling notes, however, that Tencent's jump this year has lagged behind some internet peers, especially those in e-commerce, games and online entertainment. Just consider: Tencent shares have climbed 31 per cent in 2020, while PDD's American depositary receipts have more than doubled. Alibaba, meanwhile, has advanced just 6.9 per cent.

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Agencies
January 7,2020

Tehran, Jan 7: The Iranian Parliament on Tuesday ratified a motion dubbed as "harsh revenge", that considers all members of the US Pentagon and those responsible for the death of Major General Qasem Soleimani as "terrorist forces".

The triple-urgency motion is a modification of a previously ratified bill on April 23, 2019, that designated the US Central Command (CENTCOM) as a terrorist organization in retaliation to the same designation imposed on Iran's Islamic Revolutionary Guard Corps (IRGC) by Washington, the Tehran-based Mehr News Agency said in a report.

Parliament Speaker Ali Larijani said in Tuesday's open session that in the previous anti-US law, CENTCOM was designated as a terrorist entity.

"Today, following the cruel US measure in assassinating General Soleimani, the responsibility of which was accepted by the US President, we modify the previous law and announce that all members of Pentagon, commanders, agents and those responsible for the martyrdom of Gen Soleimani will be considered as terrorist forces," Larijani was quoted as saying in the report.

All of Iran nation supports the resistance, he added.

The modified law also allows withdrawal of $223 million to the IRGC's Quds Force from the National Development Fund of Iran for the next two months, added Larijani.

He said that the Supreme Leader Ayatollah Ali Khamenei's permission to withdraw the fund has been obtained, the Mehr report added.

Following its ratification, MPs chanted anti-US slogans at the Parliament.

Soleimani and his son-in-law and Abu Mahdi al-Muhandis, the second-in-command of Iraq's Popular Mobilization Front (PMF), along with eight other people were killed in the January 3 drone attack ordered by US President Donald Trump.

Soleimani, 63, was the elite Quds Force chief in charge of IRGC operations outside Iran, and has been on the ground in Syria and Iraq supervising militias backed by Tehran.

The Quds Force holds sway over a large number of militias across the region ranging from Lebanon to Syria and Iraq.

The attack has led to widespread condemnation in Iran. Supreme Leader Khamenei and President Hassan Rouhani has vowed revenge on the US.

On Sunday, Iranian MP Abolfazl Aboutorabi threatened to attack the heart of American politics.

During an open session of the Iranian Parliament on Sunday afternoon, President Trump was called a "terrorist in a suit" after he threatened to hit 52 Iranian sites hard if Tehran attacks Americans or US assets.

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News Network
June 25,2020

Ottawa, Jun 25: Prime Minister Justin Trudeau took his son out for ice cream on Wednesday in his first family outing since Canada started easing out of its pandemic lockdown.

It was also Saint-Jean-Baptiste Day in Quebec province.

Wearing masks, the Canadian leader and his six-year-old son Hadrien were cheered at Chocolats Favoris in Gatineau, Quebec.

According to a pool report, Trudeau said the shop tapped into a federal emergency wage subsidy and business loan in order to weather the pandemic, and "avoid being frozen out of the frozen treat market."

Hadrien is said to have bounced with excitement, settling on a vanilla cone with a cookie topping while dad bought a vanilla cone dipped in chocolate for himself.

Father and son then headed out to the patio, where they doffed their masks to eat their cones.

Canada's provinces and territories declared states of emergency mid-March, closing schools and non-essential businesses in response to the pandemic.

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