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Kiev, from massive Russia attack with drones and missiles – world

by Lucas Fernandez – World Editor
written by Lucas Fernandez – World Editor

Kyiv and Moscow Report Drone and Missile Attacks Amidst Ongoing Conflict

UkraineS capital,Kyiv,experienced a series of powerful explosions early this morning following a missile attack attributed to Russian strategic aircraft. Air raid sirens were activated multiple times, first for repeated mig-31K fighter jet takeoffs, and then at 3:50 AM as missiles entered Ukrainian airspace. The missiles traversed the Kharkiv, Poltava, and Chernihiv regions before reaching the Kyiv region. By 4:18 AM, Ukraine’s Air Force reported targets heading towards Kyiv, with explosions heard in the capital at 4:20 AM. Minutes later, at 4:23 AM, the Air Force confirmed the presence of ballistic missiles aimed at Kyiv. early reports from Ukrainska Pravda indicated one fatality and one injury in Kyiv.

Meanwhile, Moscow reported its fifth consecutive night of Ukrainian drone attacks. The governor of Rostov Oblast, Yuri Slyusar, stated that drone debris caused a fire at the roof of a railway station in the village of Kamenolomni. Three individuals were evacuated from the control point, and preliminary reports suggest no injuries. The village of Kamenolomni is situated approximately 38 kilometers from the Ukrainian border and about 200 kilometers from Ukrainian-controlled territory. A flower shop also caught fire in Kamenolomni, and drones were reportedly downed over the cities of Novoshakhinsk, Shakhty, and Novocherkassk. Moscow Mayor Sergey Sobyanin confirmed that five drones targeting the Russian capital were intercepted by air defense systems, with two downed over Moscow and two more outside the city. Following the drone activity, Moscow’s Domodedovo and Zhukovsky airports temporarily restricted flights, according to a spokesperson for the Russian state aviation agency, Rosaviatia.

Beijing Criticizes EU Sanctions on China

China’s Ministry of Commerce has voiced strong disapproval of new European Union sanctions targeting Chinese entities, which are intended to curb Russia’s armed forces. A statement released by the ministry described the EU’s actions as “incorrect” and contrary to agreements made between Chinese and EU leaders. Beijing asserts that these measures have negatively impacted economic, commercial, and financial cooperation between China and the European Union.

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Technology

The battle of billionaires in Tatra. Promet refused to increase capital for investment

by Rachel Kim – Technology Editor
written by Rachel Kim – Technology Editor

Tatra Trucks Investment Blocked by Minority Shareholder

Dispute Threatens Multi-Billion Crown Expansion, Job Creation

A significant investment plan for Tatra Trucks has been derailed by its minority shareholder, the Promet Group, throwing billions of crowns in planned expansion into jeopardy. The clash at a General Meeting has ignited a public feud between the two major stakeholders.

Capital Hike Rejected Amidst Data Dispute

The Promet Group vetoed an increase in the company’s registered capital, a move essential for financing over seven billion crowns in planned investments. Tatra Trucks CEO Kristijan Fiket stated that this capital injection was critical for doubling production, modernizing operations, and creating hundreds of local jobs.

“There is no vision of paper – it is a specific and prepared project with an immediate impact on the future of the Tatra.”

—Kristijan Fiket, CEO of Tatra Trucks

David Chour, Vice-Chairman of the Board and CEO, characterized the Promet Group’s stance as a direct attack on Tatra’s future, accusing the minority shareholder of consistent obstruction and destabilization efforts.

Promet Cites Lack of Transparency

Denisa Materová, representing the Promet Group, explained their refusal to approve the 2.7 billion crown capital increase, citing a lack of essential documentation from Tatra’s management. She asserted that the management had not provided a comprehensive long-term strategy, market analysis, or detailed financial statements.

“Unfortunately, even today, the Tatra Trucks management did not represent the complete long-term strategy of the company that would justify the requirement of CZK 2.7 billion to increase the registered capital.”

—Denisa Materová, Promet Group

Materová added that Promet had proposed and supported a much smaller capital increase of 100 million crowns for critical investments, but this proposal was also rejected by the General Meeting.

CSG Accuses Promet of “Bullying Conduct”

The Czechoslovak Group (CSG), the majority shareholder, voiced strong criticism of the Promet Group’s actions. The CEO of CSG, Michal Strnad, alleged a pattern of obstructive and bullying behavior from the Promet leadership.

“Instead of any meaningful cooperation, we monitor the long-term obstructive and bullying conduct from the leadership of the Promet – from the public dissemination of false statements to the requirements of the general meeting for immediate answers to extensive and complex questions.”

—Michal Strnad, CEO of CSG

In 2023, the truck manufacturer Tatra Trucks produced 1,548 vehicles, an increase from the previous year, and achieved a net profit of 19.3 million crowns after a loss. The company currently employs over 1,800 people.

Background of Shareholder Dynamics

CSG, led by Michal Strnad, holds a 65 percent stake in Tatra Trucks, while the Mater family’s Promet Group owns the remaining 35 percent. The two entities have been shareholders since 2013 when the company was acquired from a crisis period.

Tatra Trucks, a Czech manufacturer of trucks and special vehicles, faces internal conflict impacting its expansion plans.

Tatra Trucks aims to increase its production capacity to 3,000 vehicles annually, enhancing its global market competitiveness. The blocked investment was intended to facilitate this growth, alongside modernization efforts and job creation.

Future Outlook and Potential Talks

Despite the current impasse, Materová expressed openness to supporting specific investments in the future and indicated a desire to meet with CSG owner Michal Strnad to present their own proposals.

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News

Thomas Lee Gudinas: Florida Executes Homecoming Queen’s Killer

by Emma Walker – News Editor
written by Emma Walker – News Editor

Thomas Lee Gudinas Executed in Florida for 1994 Murder of Michelle McGrath

Table of Contents

Thomas Lee Gudinas, 51, was executed by lethal injection in Florida on Tuesday, June 24, for the rape and murder of 27-year-old Michelle McGrath in Orlando on May 24, 1994. McGrath, a former homecoming queen, was attacked while walking to her car after a night out. Gudinas’ execution marks the seventh in Florida this year, making it the state with the highest number of executions in the U.S. in 2025 Death Penalty Details Center.

Did You Know? Florida has executed more inmates in 2025 than any other state in the U.S.

Details of the Execution

Gudinas’ last meal consisted of pizza, fries, and soda. He was pronounced dead at 6:13 p.m. According to media witnesses,his final words were inaudible due to the noise from an air-conditioning unit; however,a prison spokesperson indicated that Gudinas recited some form of prayer.

Legal Arguments and Family Response

Gudinas’ attorneys had argued against the execution, claiming he was too mentally ill to be executed under the U.S. Constitution. They cited his writings, including a letter to former President Donald Trump, as evidence of his mental state. In the letter, Gudinas blamed his incarceration on “a secret system running under the nose of the government” and requested a pardon.

McGrath’s family dismissed thes arguments as further legal maneuvering after more than three decades of appeals. They viewed the execution as the end of a long and painful chapter.

the Crime

On May 24, 1994, Michelle McGrath was attacked around 2:45 a.m. while walking to her car after spending the evening with a friend at a downtown Orlando club.Gudinas,who had been at the same club,ambushed McGrath,dragging her into a nearby alley where he raped and beat her. A trial judge described the attack as “savage and inhuman.” McGrath’s body was discovered about five hours later by a woman opening the gate of a nearby school Cornell Law School.

Pro Tip: The severity of the crime and the extensive legal proceedings contributed to the prolonged appeals process.

Trial and Sentencing

Due to extensive publicity,Gudinas’ trial was moved approximately 200 miles south to Naples. He displayed little emotion during the trial, except when he cried upon hearing the guilty verdict and during his sentencing.Orange Circuit Judge Belvin Perry upheld the jury’s 10-2 vote in favor of the death penalty.

Timeline of Events

Date Event
May 24, 1994 Michelle McGrath murdered in Orlando.
1994 Thomas Lee Gudinas arrested and charged.
[Date of Trial] Gudinas’ trial moved to Naples due to publicity.
[Date of Sentencing] Gudinas sentenced to death.
June 24, 2025 Thomas Lee gudinas executed.

Executions in the United States

As of June 2025, there have been 24 executions in the United States, with Florida accounting for nearly one-third of the total. The use of the death penalty remains a contentious issue, with ongoing debates about its morality, effectiveness, and submission Bureau of Justice Statistics.

What are yoru thoughts on the death penalty? How do you think mental illness should factor into capital punishment cases?

Evergreen Insights

The case of Thomas Lee Gudinas highlights several key issues within the criminal justice system, including the complexities of capital punishment, the role of mental health in sentencing, and the impact of violent crime on victims’ families. The death penalty has been a subject of intense debate in the United States for decades. Proponents argue that it serves as a just punishment for heinous crimes and a deterrent to future offenses. Opponents, however, contend that it is a cruel and unusual punishment, disproportionately applied, and carries the risk of executing innocent individuals.The legal and ethical considerations surrounding the execution of individuals with mental illness further complicate the issue.

FAQ


Disclaimer: This article provides information about a legal case and execution. It is not intended to provide legal or mental health advice.

Share your thoughts on this case. What impact does such a crime have on the community?

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Business

Italian Banks Crisis: MPS, Unicredit & Latest Updates

by Priya Shah – Business Editor
written by Priya Shah – Business Editor

Okay, here’s a breakdown of the provided text, focusing on extracting the key information about the banking operations:

Overall Summary:

The text outlines a series of mergers, acquisitions, and attempted takeovers within the italian banking sector, primarily occurring between September 2024 and June 2025. It details the involved parties, the nature of the offers (public purchase offer, public exchange offer), and the current status or potential outcomes.

Detailed Breakdown of Operations (Chronological Order):

  1. Unicredit enters the capital of Commerzbank (September 11, 2024):

Acquirer: Unicredit
 Target: Commerzbank (German bank)
Action: Initially acquires a 9% share, aiming for 30% via derivatives.
 Status: Criticized by the German government as “not kind and unacceptable.”

  1. Banca Generali Compra Intermonte (September 16,2024):

Acquirer: Banca Generali
 Target: Intermonte (financial advice and investment banking)
Action: Public purchase offer at €3.04 per share.
 Status: Completed. Banca Generali exceeded 95% ownership and delisted Intermonte.

  1. Banco BPM Purchase Anima (November 6, 2024):

Acquirer: Banco BPM
 Target: Anima Holding (savings management company)
Action: Public purchase offer. Banco BPM was already a 22% shareholder.
 Status: Completed. Banco BPM controls about 90% of Anima’s capital.

  1. Unicredit attempts to climb Banco Bpm (November 25,2024):

Acquirer: Unicredit
 Target: banco BPM
Action: Public exchange offer (0.175 new Unicredit shares for each Banco BPM share).
 Status: Rejected by Banco BPM (deemed opposed). Government intervention via Golden Power imposed conditions. Offer frozen by Consob at Unicredit’s request. Fate uncertain as of June 23.

  1. Banca IFIS focuses on Illimity (January 8, 2025):

Acquirer: Banca IFIS
 Target: Illimity Bank
Action: Public exchange and purchase offer. Relaunched with a 5% cash premium (€0.1775 per share) if membership exceeds 90%.
 Status: Adhesion period expires June 27.

  1. Bper tries to take control of Sondrio (February 6,2025):

Acquirer: BPER Banca
 Target: Banca Popolare di Sondrio
Action: Card offer against paper (1.45 new BPER shares for each Sondrio share).
 status: Aims for absolute majority, with a minimum threshold of 35% for the offer to be effective. Offer ends July 11.

  1. Monte dei Paschi is going on for Mediobanca (January 24, 2025):

Acquirer: Monte dei Paschi di siena (MPS)
 target: mediobanca
Action: Public exchange offer (2.3 MPS shares for each Mediobanca share).
 Status: Rejected by Mediobanca. ECB approval received. Offer coudl start between July 7-8 and continue until the end of August.

  1. Mediobanca wants Banca Generali:

Acquirer: Mediobanca
 Target: Banca generali
Action: Public exchange offer,using Mediobanca’s 13% stake in generali Insurance.
 Status: Fate linked to an agreement with Generali Insurance (wich holds 50.6% of Banca Generali).

Key Players:

Unicredit
 Banca Generali
Banco BPM
 Banca IFIS
BPER Banca
 Monte dei Paschi di Siena (MPS)
Mediobanca
 Commerzbank
Illimity Bank
 Banca Popolare di Sondrio
intermonte
 Anima Holding
Generali Insurance

Types of Offers:

Public Purchase Offer (OPA): An offer to buy shares for cash.
public Exchange offer (OPS): an offer to exchange shares of one company for shares of another.
 Card Offer against paper: An offer to exchange shares of one company for shares of another.

This summary should provide a clear and concise overview of the banking operations described in the text.

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Business

Chiara Ferragni, the legal battle between Phoenix and Safilo after the termination of the contract: 5.9 million requested

by Priya Shah – Business Editor
written by Priya Shah – Business Editor

Chiara Ferragni’s Company Faces Legal Battles and Financial Challenges

Fashion entrepreneur Chiara Ferragni and her company, Fenice, are embroiled in a series of legal disputes. These conflicts involve significant financial claims and challenges to business decisions, casting a shadow over the influencer’s brand and its financial stability.

Safilo Lawsuit and Contractual Disputes

A legal battle has ignited between Chiara Ferragni’s Fenice company and Safilo. Safilo initiated a compensation claim of €5.9 million against Ferragni’s company. The eyewear company terminated its licensing agreement with Ferragni in December 2023 following the “Pandoro Gate” controversy.

In response, Fenice contested the withdrawal’s legitimacy and is seeking €3.65 million from Safilo for “due amounts.” Furthermore, mediation proceedings involve the clothing line licensee, Swinger International, which is seeking compensation. There was also a withdrawal from the pharmaceutical house, Angelini, from the perfume line contract. There was also a renegotiation with the partner of the Bambino line, Monnalisa Spa.

Morgese Challenges Budget and Recapitalization

Another significant development involves a challenge to Fenice’s budget. Shareholder Pasquale Morgese is contesting resolutions on accounts and recapitalization. Morgese is disputing the risk fund’s amount and the potential disputes. The legal action aims to cancel the assembly resolutions of Fenice Srl on accounts and recapitalization.

The core of the dispute lies in the financial figures. Morgese’s lawyers suggest the income statement was drawn up to manipulate shareholders. The goal was to make the company’s situation appear worse than it was. At the heart of the disagreement is the amount of the financial “red” and the recapitalization.

The Legal Battle’s Details

The issues with Safilo began in December 2023. The group communicated its unilateral withdrawal from agreements. This followed an intervention concerning the Pandoro case. Safilo filed a suit in May 2024, seeking €5.9 million in compensation. Fenice and Sisterhood, Ferragni’s holding company, contest the withdrawal’s legitimacy.

Fenice is also pursuing the termination of the contract and compensation for damages. The estimated risk of failure for the company is around €1.8 million. Safilo, when contacted, declined to comment on the matter.

According to a report by Statista, the global luxury goods market is expected to reach $448.7 billion in 2024 (Statista). This places the current disputes within a broader financial context.

Morgese’s Concerns

Pasquale Morgese challenged decisions from the last assembly in front of the Court of Milan. He requested that the court invalidate these decisions. Morgese’s lawyers claimed a fictitious loss was generated. They also alleged that the company’s capital was reset.

This legal turmoil highlights the financial pressures facing Chiara Ferragni’s business ventures.

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News

Missouri Holiday Hours: What’s Open & Closed Now

by David Harrison – Chief Editor
written by David Harrison – Chief Editor

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Juneteenth 2025: What’s Open, What’s Closed, and how It’s Celebrated

Juneteenth, commemorating the emancipation of enslaved African Americans, falls on Thursday, june 19, 2025. This federal holiday, observed since 2021, marks the day in 1865 when the last enslaved people in Galveston, Texas, learned of their freedom, two and a half years after the Emancipation proclamation. Celebrations will take place nationwide, but what exactly is open or closed?

Federal and State Observances of Juneteenth

As a federal holiday, non-essential federal offices will be closed on Juneteenth. This includes the United States Postal Service, meaning no regular mail delivery will occur

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