2019.01.21

News Headlines - 21 January 2019

China's economy grew at slowest pace in 28 years in 2018 | AFP.com

China's economy grew at its slowest pace in almost three decades in 2018, losing more steam in the last quarter as it battles a massive debt pile and a US trade war, official data showed Monday.
The 6.6 percent growth comes in above the official target of around 6.5 percent and matches a forecast by analysts polled by AFP, but is down from the 6.8 percent chalked up in 2017, according to the National Bureau of Statistics (NBS).

Chinese Drone Giant DJI Unearths $150 Million Losses From Fraud - Bloomberg

DJI has unearthed cases of fraud involving its own employees that may trigger losses of about 1 billion yuan ($150 million) for the world’s largest drone maker, marking one of the largest recent cases of graft among China’s technology giants.
SZ DJI Technology Co., which discovered the corruption in an internal probe, said it’s fired multiple workers who inflated parts costs for personal gain, and contacted law enforcement... DJI, which employs 14,000 people around the globe, is the runaway leader in consumer drones with almost three-quarters of the market.

Death toll from Mexico pipeline blast reaches 91, Pemex defends response | Reuters

The death toll from a fuel pipeline explosion in central Mexico last week rose to 91 on Monday as Petroleos Mexicanos (Pemex) defended its response to one of the deadliest incidents to hit the state-run oil company in years.
Hundreds of people near the small town of Tlahuelilpan in Hidalgo state rushed to collect fuel from a gushing duct which authorities said was punctured by suspected thieves, and dozens were caught in the explosion that followed.
The blast followed severe shortages of gasoline in central Mexico after President Andres Manuel Lopez Obrador in late December launched a major crackdown on fuel theft, ordering pipelines closed in a bid to thwart the criminal activity.

President Trump made 8,158 false or misleading claims in his first two years - The Washington Post

Two years after taking the oath of office, President Trump has made 8,158 false or misleading claims, according to The Fact Checker’s database that analyzes, categorizes and tracks every suspect statement uttered by the president.
That includes an astonishing 6,000-plus such claims in the president’s second year.
Put another way: The president averaged nearly 5.9 false or misleading claims a day in his first year in office. But he hit nearly 16.5 a day in his second year, almost triple the pace.

Canadian fraudster foiled because he used the wrong font | National Post

A bankrupt telecom executive’s fraudulent plan to shield two of his homes from creditors has been foiled because he used the wrong font... The Muskoka cottage document, ostensibly created in 1995, was written in Cambria, a typeface that wasn’t designed until 2002.
The Caledon farm document, dated in 2004, was written in Calibri, a typeface that wasn’t released to the general public until the release of Windows Vista in January, 2007. It is now the default typeface on most Microsoft software, including Word, Powerpoint and Outlook.


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