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| IMPORTANT | | | RIP | Queen Elizabeth II Dead at 96, New King to Speak From London She ascended the throne in 1952, overseeing a 70-year period of change that included the shift from the British empire to the Commonwealth and Britain’s withdrawal from the European Union. Following failing health, the queen died Thursday at Balmoral Castle in Scotland surrounded by her children and grandchildren. Her eldest son and successor — now King Charles III — will make a public address on Friday on his return to London. In a statement released Thursday, he said the royal family is “comforted and sustained by our knowledge of the respect and deep affection in which the queen was so widely held.” (Source: BBC) |
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| | Era Defining | World Leaders Pay Tribute to ‘Kind-Hearted’ Queen “Her Majesty Queen Elizabeth II was more than a monarch. She defined an era,” U.S. President Joe Biden said in a statement. He first met the late queen in a 1982 visit to London as a senator and most recently last year. It was a sentiment echoed across the channel: “I remember her as a friend of France, a kind-hearted queen who has left her mark on her country and her century forever,” said French President Emmanuel Macron. Commonwealth leaders from the Caribbean to New Zealand sent their condolences to London and lowered flags to half-mast. (Source: WaPo, France24, Reuters) |
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| | Defrost | US Pledges Military Support Ahead of Winter Offensive On his second visit to Kyiv since Russia invaded in February, Secretary of State Antony Blinken commended Ukrainian President Volodymyr Zelenskyy for the country’s “effective” counteroffensive and pledged a further $675 million worth of military supplies and $1 billion in funding. Neighboring countries were offered a similar deal. “We will support the people of Ukraine for as long as it takes,” Blinken said. It’s welcome news: Delegates from NATO and other allies were told the Ukrainian army is now roughly triple the size it was a year ago, and with a brutal winter coming, more equipment is desperately needed. (Sources: WaPo, DW) |
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| | Battleground | North Korean Nukes Aren’t Going Anywhere, Vows Kim Jong-un North Korean leader Kim Jong-un’s parliament has passed a law that formally declares the country a nuclear state and rejects further efforts to denuclearize, despite grueling U.S.-led sanctions. It’s “irreversible,” Kim said in a speech to the Supreme People’s Assembly Thursday. Sanctions have been deployed against North Korea for years in an effort to destabilize the Kim regime, he asserted. The law enshrines an “automatic nuclear strike” if it comes under attack and gives Kim “all decisive powers concerning nuclear weapons.” North Korea and former President Donald Trump held denuclearization talks in 2018, but those sputtered without a deal. (Sources: Yonhap, BBC) |
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| | Briefly | Here are some things you should know about today: Nightmare. Police in Uvalde, Texas, confirmed that a shooting incident occurred Thursday about a mile from the site of the Robb Elementary massacre. Two people were hospitalized with non-life-threatening injuries. (Source: Texas Public Radio) Bickering. Greece has called on the United Nations and NATO to reprimand its longtime rival Turkey for statements made by Turkish President Recep Tayyip Erdogan, in which he accused Greece of occupying demilitarized islands in the Aegean Sea. (Source: Reuters) Indicted. A court in Pakistan will indict former Prime Minister Imran Khan for contempt of court after he allegedly made disparaging comments about a judge last month. (Source: Al Jazeera) |
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| BESTSELLING IS BACK…for a second | | To call Cariuma’s OCA Low Canvas shoes a bestseller is an understatement. They’ve collected a 61,000+ person waitlist and are finally back in stock for readers like you. They’re a sustainable sneaker brand loved by skaters and surfers, doers and achievers, and even the average joe – and they’re the perfect way to manifest a beach lifestyle, even in the cooler autumn months. Over 15,000 happy customers have given them five-star reviews thanks to their broken-in fit and diverse color options, ranging from classic neutrals to bright prints. It’s time to see what the fuss is all about. Check out any of Cariuma’s shoes today for a 15% off exclusive offer – just for OZY readers – before they’re gone. Use code OZYSEPT to score the deal. TAKE ME SHOPPING |
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| INTRIGUING | | Crisis Zone | Earth Staring Down Multiple ‘Disastrous’ Tipping Points We may have already passed five of them at current levels of global warming, a new study warns. The analysis assessed more than 200 previous studies, observations and models and found the collapse of Greenland’s ice sheet, melting permafrost, heavy rain in key agricultural areas and the disruption of a current in the north Atlantic may be irreversible. “It’s really worrying. There are grounds for grief, but there are also still grounds for hope,” said Dr. David Armstrong McKay, a lead author of the study. It’s not game over yet, he emphasized, if the world works toward reversing the trend — and soon. (Source: The Guardian) |
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| | Dig Deep | Pennsylvania and Washington State Want Your NFTs Taxed Both states have specified nonfungible tokens as digital assets, which makes them taxable under state sales tax laws. And it’s retroactive, meaning, in Pennsylvania, any NFT bought after 2016 has to pay up. Part of the draw to NFTs and other digital assets is their anonymous buying and selling, which makes things difficult for tax authorities with no way of tracking ownership. But if more states follow suit, that anonymity could be challenged. The Internal Revenue Service is slowly catching up to the world of digital assets, with a new push in President Joe Biden’s infrastructure bill for taxing cryptocurrency. (Source: Artforum) |
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| | Switched On | A Streaming Reckoning Is Coming, Says Sony CEO Tony Vinciquerra isn’t “terribly concerned” about the reported slowdown in how much streaming services are spending on new content. The Sony Pictures Entertainment chairman deals with all the major streaming services, but he doesn’t think it will last forever. “The world doesn’t need six or seven general subscription video services,” he said at an industry event Thursday. The studio is currently hashing out a deal with Netflix’s soon-to-be-launched cut-price, advertising-supported service, and Vinciquerra expects it to be “something significant.” He notes that while Netflix can stream all of Sony’s commissioned content, there remains a major back-catalog it doesn’t have access to. (Source: Hollywood Reporter) |
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| | | Wordplay | ICYMI: Merriam-Webster Dictionary Announces Updates In case you missed it, that is. The abbreviation has migrated from social media to the official pages of the dictionary in this year’s update. It’s not the only sign of our times: shrinkflation, the practice of offering less of a product for the original price, was also noted by the dictionary’s editors. It’s joined by pumpkin spice — the taste of fall, flavoring everything from candles to your latte. “Words offer a window into our ever-changing language and culture, and are only added to the dictionary when there is clear and sustained evidence of use,” said Peter Sokolowski, Merriam-Webster’s editor at large. (Source: AP) |
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| | Home Team | Sports-Mad Britain Slows and Stops for Queen’s Death After the announcement of Queen Elizabeth II’s death on Thursday, the second day of play in a Test between England and South Africa was called off, with the England and Wales Cricket Board telling fans it remains unclear when play will resume. Likewise, the PGA Championship golf at Wentworth suspended play on Thursday as news of her death broke. Manchester United fans at a home game against Real Sociedad observed a minute’s silence mid-game, while players took to the pitch with black armbands. The English Football League has consulted the government and other sporting organizations over how best to proceed. (Source: Yahoo) |
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| ABOUT OZY OZY is a diverse, global and forward-looking media and entertainment company focused on “the New and the Next.” OZY creates space for fresh perspectives, and offers new takes on everything from news and culture to technology, business, learning and entertainment. Curiosity. Enthusiasm. Action. That’s OZY! |
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