The Gathering all set for a heated day's debate, Trump signs in Russian sanctions, and Hyperloop passes another milestone.
Thursday, 3 August 2017
“Only the young have an explanation for everything.”
Export Development Canada, the state-owned agency that extends credit to Canadian exporters and their customers, concluded a $41-million financing deal with the Guptas’ Westdawn Investments in late 2014. The money was loaned so that they could purchase their Bombardier business jet, which became infamous as ZS-OAK, and has flown South African politicians and officials across the globe. Once again, the leaks reveal how major international entities were willing to overlook the Guptas’ political exposure, potentially breaking their own laws and regulations in the process.
LIVE: The Gathering – Media Edition
Pravin Gordhan, the People’s Bae, and a host of other political and media-related leaders will all be speaking today at the Daily Maverick Gathering. Click through here to follow it all live from 9am onwards. If you’re not in Cape Town attending, this should be your news channel for the day.
Hyperloop one step closer to reality
Elon Musk’s transportation brainchild Hyperloop successfully passed another test milestone. The Hyperloop One organisation announced that the closed system tested successfully at speeds of over 300km/h. Combined with tentative government “approval” to build a commercial system, Hyperloop may be a reality sooner than you think.
Grumbling Trump signs off on Russian sanctions
President Donald Trump signed Congress-punted Russian sanctions into effect overnight, all the while complaining that his divine will would be a more suitable anti-Russian salve than Congressional politics. The move is likely to annoy Russia in all the wrong ways that affect the Trump familia. Russia’s prime minister Dmitry Medvedev retorted that the move “ended hopes” for improved US/Trump-Russian relations.
South Asia to hit unliveable temperatures by 2100
South Asia is expected to hit unsurvivable levels of heat if nothing is done to mitigate global warming. The study was released in the journal Science on Wednesday, and showed a worrying prevalence for dangerous, 35 degree plus temperatures in India, Pakistan, and Bangladesh, among others. Given the populations and agricultural importance of these regions, a 2100 scenario would leave many people either dead or close to it.
The estimated number of bird species made extinct by cats.
FACTS OF THE DAY
Sauron’s tower is technically six times the height of the wall in Game of Thrones.
Today is the Daily Maverick Gathering Media edition.
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