Your (investment) vehicles’ extended w̶a̶r̶r̶a̶n̶t̶y̶ losses | | We’re giving you a final courtesy wake-up call. This is one call you don’t want to send to voicemail (sorry Grandma, text next time?). Because with personal portfolios dropping 44% this year, this is a call to think about renewing your investing plan. With Masterworks. This unicorn investment platform lets everyday people invest in museum-quality artworks by names like Picasso and Banksy. Contemporary art not only outpaced the S&P by 131% over the last 26 years, but remained resilient through economic downturns like the dot-com bubble and Great Financial Crisis. Masterworks breaks these multi-million dollar works into shares, so you can invest without breaking the bank. Also, their investors are earning serious $$$. With six of Masterworks’ last seven exits realizing a net return of +21.5%, shares have been selling out fast. Six?! That’s even more than the number of spam calls I get daily… Fortunately, OZY PDB readers can skip the waitlist with this exclusive link. See important Regulation A disclosures. |
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IMPORTANT
| | |  | Winter of Discontent | Facing a Winter of Power Cuts, Ukraine Evacuates Civilians Not long ago the world celebrated as regions of Kherson and Mykolaiv were liberated from Russian occupation. Now — as the extent of damage to power, water and other infrastructure becomes clear — authorities have taken the difficult decision to evacuate civilians to less volatile parts of the country. “This winter will be life-threatening for millions of people in Ukraine,” said Dr. Hans Henri Kluge of the World Health Organization. “Attacks on health and energy infrastructure mean hundreds of hospitals and healthcare facilities are no longer fully operational.” President Volodymyr Zelenskyy described Russian attacks on energy facilities as a “weapon of mass destruction.” (Source: AP) |
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|  | Indonesia Earthquake | Death Toll Rises to 252 The search for survivors continued Tuesday, with rescuers using newly arrived excavators to scour the rubble on the densely populated main island of Java. The city of Cianjur was hardest hit by Monday afternoon’s 5.6-magnitude shallow quake. Most of the dead are children. One woman, who gave her name as Partinem, was able to drag her family to safety after their building started “shaking like it was dancing.” While it’s unclear how many are still missing, the toll is likely to rise further — with 25 people reportedly trapped by a landslide in the nearby village of Cijedil. (Sources: The Guardian, AP) |
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|  | Under Siege | Jihadi Fighters Wreak Havoc in Separate Attacks in Northern Nigeria On Friday and Saturday, Islamic State West Africa Province gunmen raided the northeastern town of Malam Fatori. Nine soldiers and two policemen were killed at a military base but the civilian death toll remains unclear. One resident, Baita Maduri, said she’d counted a dozen bodies near her house: “I have no idea of the number of bodies recovered in other parts of town. The destruction is really huge.” The second attack took place 400 miles to the west on Sunday, with terrorists abducting over 100 people from four villages in Zamfara province — allegedly to use as human shields against military air raids. (Sources: AFP, Reuters) |
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|  | Zero COVID? | China Faces Most Severe Pandemic Test as Cases Surge Five people have died from the virus since the weekend — the country’s first deaths since May — and 28,127 new cases were reported Monday. The southern cities of Guangzhou and Chongqing account for about half of these, while Beijing is also dealing with an unprecedented spike. A municipal spokesperson warned Beijing was facing “a grim and complicated epidemic prevention and control situation.” Earlier this month the government announced an easing of its “zero-COVID” policy, but recent case numbers may force authorities to reconsider. They’ll also have to factor in growing public discontent at a policy that’s seen by many as draconian. (Sources: BBC, The Guardian) |
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|  | Briefly | Here are some things you should know about today: Factory fire. At least 38 people were killed in a blaze in Henan province in central China, which appears to have been caused by substandard electrical welding. (Source: CNN) Ice, ice baby. Belgium needs more incinerators to deal with the vast quantities of Latin American cocaine seized at the port of Antwerp, Europe’s main point of entry for the illegal trade. (Source: The Guardian) Georgia on their minds. Democrats may have retained the Senate, but all eyes remain on the Dec. 6 runoff between Georgia Sen. Raphael Warnock and his Republican challenger Herschel Walker. A 50-50 Senate “slows everything down,” said Sen. Chuck Schumer. (Source: AP) |
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INTRIGUING
| | | ‘He Saved a Lot of Lives’ | Meet the War Vet Who Took Down the Club Q Shooter Richard Fierro was at the Colorado Springs nightclub with family and friends enjoying his first drag show. When the shooting started, the four-tour veteran “went into combat mode.” After throwing his friend to safety, he rushed across the room and tackled the gunman. When the shooter dropped his rifle and came at him with a handgun, Fierro grabbed the gun and started pistol-whipping him repeatedly. “I don’t know how I got the weapon away from that guy, no idea. I’m just a dude, I’m a fat old vet, but I knew I had to do something.” Tragically, his daughter’s boyfriend was killed in the shooting. (Source: NYT) |
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| | | SharkGuard | New Gadget Drastically Reduces Bycatch of Sharks and Rays Longline fishing is the number one threat to sharks and rays living in the open ocean. So the development of SharkGuard, a finger-sized device that creates an electric field around each baited hook, could be a game-changer. SharkGuard reduced bycatch of sharks and rays in southern France by 91% and 71% respectively, without significantly impacting tuna catches. While challenges remain — not least working on the battery capacity so fishermen can “fit and forget” the devices — the manufacturer is confident these will be overcome. A full set of SharkGuards for a 2,000-hook longline should cost around $20,000 and last three to five years. (Source: Phys.org) |
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| | | Iconic | Visionary Art Director, George Lois, Dies at 91 “Legendary art director George Lois died [Friday],” tweeted former editor of Life magazine Bill Shapiro. “For magazine people, he changed everything.” Shapiro forgot to mention that Lois — whose 92 Esquire covers made him a graphic design god — also revolutionized advertising in the 1960s and ’70s, drawing on the counterculture to bring a hard-hitting edge that had been sorely lacking. And in the ’80s he single-handedly rescued MTV from a premature demise with the famous “I Want My MTV” campaign featuring Mick Jagger and others. Critics called him a brash egotist who sometimes borrowed others’ work — but his legacy speaks for itself. (Source: NYT) |
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| | | | | Going for Gold | British Angler Lands Contender for World’s Biggest Goldfish “I knew it was a big fish when it took my bait and went off side to side,” said Andy Hackett. “Then it came to the surface 30 or 40 yards out and I saw that it was orange.” The 67-pound carp-koi hybrid — dubbed The Carrot — was put into a lake at the French fishery 20 years ago as “something different for the customers to fish for,” said spokesperson Jason Cowler. “Since then it has grown and grown but it doesn’t often come out. She is very elusive.” After posing for pics, Hackett released The Carrot — and poured himself a cup of tea. (Source: NYPost; Image source: Bluewater Lakes/Facebook) |
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| | | Protests — And Pushovers | Iran Refuse to Sing Anthem, England and Wales Bow to FIFA Pressure The first full day of soccer World Cup action saw England thrash Iran, the Netherlands beat Senegal and the USA draw with Wales. But what happened before kickoff was equally interesting. Iran’s players made the brave decision not to sing their national anthem in a show of solidarity with protesters back home — although several political commentators said they shouldn’t have traveled to Qatar in the first place. England and Wales meanwhile gave in to pressure from FIFA and didn’t wear One Love armbands in support of the LGBTQ community. The threat of yellow cards was enough to deter them. (Sources: The Guardian, CBS) |
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COMMUNITY
What else are you curious about? Share your questions or thoughts with us at OzyCommunity@Ozy.com 
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EPISODE ONE NOW STREAMING! Featuring the WNBA's Didi Richards & Harlem Haberdashery's Ashlee Muhammad |
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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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