Myles Turner Trade To The Boston Celtics A Better Idea Than Reality

Myles Turner Trade To The Boston Celtics A Better Idea Than Reality

After the Celtics were eliminated in the Eastern Conference finals, trade rumors cropped up involving Pacers big man Myles Turner. But there are too few assets and too many hurdles for a Turner-to-Boston deal. Though the pandemic has halted their in-person classes and limited their mobile market routes, Fresh Approach continues to address food insecurity by hosting markets in San Mateo County, including one in East Palo Alto. /PRNewswire/ — The global asset performance management market size is anticipated to reach USD 24,401.62 million, by 2025, and is projected to grow at a CAGR… During this week’s presidential debate, President Trump said an extremist organization should “stand back and stand by.” Some saw it as an endorsement of a group known for street brawls. JPMorgan Chase has admitted to fraud charges and agreed to settle with the U.S. Department of Justice, the Commodity Futures Trading Commission, and the Securities and Exchange Commission. The firm has agreed to pay nearly a billion dollars in penalties and victim compensation. French President Emmanuel Macron says Turkey’s political statements in favour of Azerbaijan are ‘dangerous’.

Myles Turner, left, of the Indiana Pacers battles for a rebound with the Boston Celtics’ Daniel … [+] Theis.

No doubt, Pacers center Myles Turner would be an excellent option for the Celtics in the middle.

He is young, just 24 years old, and a defensive-minded, rim-protecting big man who led the league in blocked shots in 2018-19 and can do just enough offensively (he is an average 3-point shooter, making 35.7% for his career) to dissuade defenses from helping off of him. He has a reasonable contract, too, with three years and $54 million left.

Common sense, then, is driving the whirl of trade speculation that has cropped up around Turner and Boston in the days after the Celtics were eliminated from the postseason with their loss to the Heat in the Eastern Conference finals. It marked Boston’s third trip to the NBA’s Final Four in the last four seasons, but left observers with a sense that this group still needs one more piece to reach the Final 2, and it is accepted wisdom that the team needs an upgrade in the middle.

The Pacers have budding star Domantas Sabonis and don’t much need Turner anymore. They will field offers for him ahead of the November draft and smart money is on him being moved. But it is difficult to see how he winds up landing in Boston.

“Part of the problem for (the Celtics),” one general manager said, “is they have had a lot of picks over the years, but only the top ones really worked out. They don’t have good middle-tier guys that they have developed that other teams are going to want. For all the picks they have had, a lot of them did not work out, they’re all bottom-tier or top-tier, nothing in between. It’s the Top 2 guys (Jayson Tatum and Jaylen Brown) and then from there, it’s a lot of guys either they are not going to trade or no one wants.”

Perhaps there could be a third team to make things work. But there are four paths for Boston to acquire Turner and all of them appear to have too many hurdles for a deal to get done.

The Pacers have expressed interest in Smart before. And, from the Celtics’ lens, Smart can be frustrating, as evident during the team’s Game 6 loss to Miami when he launched 22 shots, making only eight, including 4-for-13 shooting from the 3-point line. Smart has a team-friendly contract (two years, $28 million remaining) and could be shipped to Indiana with Vincent Poirier to make the money work.

But despite Smart’s tendency to get irrationally exuberant in his shot selection, the team’s brass and coaching staff values him. He brings a level of grit and toughness that is lacking in the rest of the roster, outside of Brown. The Celtics have shown no signs of a willingness to trade Smart and that probably will not change, even for Turner.

Gordon Hayward, Boston Celtics

The Celtics have not once discussed trading Hayward, not last year as he struggled to get back to 100% after a devastating ankle injury, and not this year even as the team’s other wings developed into stars. For this team, there is a connection with Hayward that goes beyond what he does on the floor and the Butler roots that he shares with coach Brad Stevens. Signing Hayward in 2017 was a big moment for the franchise, showing that the Celtics could back up their signing of the team’s biggest free-agent coup, Al Horford in 2016, with an even bigger signing.

Injuries have kept Hayward from living up to his max contract, but for the Celtics, trading him would be a difficult reversal—especially after last summer’s rejection by Kyrie Irving and Horford in free agency—of a big-time moment in team history. There’s a strong psychic link there.

What’s more, the Pacers might not want Hayward, anyway. Assuming he opts into the final year of his contract (for $34.7 million), Hayward still will be a free agent next summer. Hayward’s roots in Indiana might be enough to persuade the Pacers to make a move for him, but, basketball-wise, the franchise would have to be wary of giving up a young asset for an injury-prone guy who can sign elsewhere next summer.  

Would the Celtics already give up on Walker, after just one season? Maybe.

He was inconsistent in the playoffs and dealt with knee problems for a chunk of the season—problems that have been chronic throughout his career. He is 30 years old and his contract calls for him to get more than $100 million over the next three seasons. While he drew praise for being better with his leadership than Irving was, he did not handle extra defensive pressure well, nor did he show himself to be a strong on-floor leader in critical situations.

Alas, none of this is a secret and the Pacers are aware of Walker’s up-and-down season. He might be a nice fit next to Malcolm Brogdon in the backcourt, but the combination of knee concerns and weighty contract would push Indiana to pass on a Walker deal.

Here’s the Celtics’ big problem if they’re going to hunt on the trade market for an improvement—they just do not have the assets. As the GM said, the Celtics have scored well with the top guys they have gotten in the draft in the last six years. But they have not done much to draft and develop the kind of second-tier players they would need to make a significant trade.

Romeo Langford, Boston Celtics.

The Celtics had six rookies this season, including their two-way players, but got very little help from any of them. Grant Williams (No. 22) was useful as a rookie, but Romeo Langford (14th) and second-rounders Carsen Edwards and Tremont Waters were not. The team’s other rookies—Javonte Green, Tacko Fall and Vincent Poirier—did not contribute, either.

Boston has drafted Robert Williams (27th in 2018), who has some potential, and Terry Rozier (16th in 2015) but got a limited impact from him as he backed up Irving before he was traded for Walker.

Other than that, the Celtics have featured a long list of misses. The team drafted first-rounders Guerschon Yabusele and Ante Zizic in 2016, R.J. Hunter in 2015 and James Young in 2014. Only Zizic is still in te league, and he played just 22 games last season. The Celtics have only one second-rounder they have developed into a rotation player, Semi Ojeleye, and of the nine second-rounders picks they’ve had going back to 2014, Ojeleye and Abdel Nader are the only ones to last 100 games in the NBA.  

When it comes to putting a deal together for a player like Turner, the Celtics just do not have much to offer, unless they budge on Smart or the Pacers overlook the health concerns for Hayward/Walker. The Celtics have three first-round picks in the upcoming draft (No. 14, 26 and 30) but there are no mid-range contracts on Boston’s books, no tradeable players the Celtics want to move who could be used to matchup salaries with Turner and give the Pacers some incentive to send him East.

Turner-to-Boston is a nice idea. But it appears that there are too many obstacles and too few assets to make it a reality.


Author: Sean Deveney

Farmers market gives East Palo Alto residents access to organic produce

Farmers market gives East Palo Alto residents access to organic produce

Every Wednesday from 11 a.m. to 2 p.m., farmers and shoppers gather at the East Palo Alto farmers market, hosted by nonprofit Fresh Approach.

This year, the East Palo Alto market runs from May through November at Bloomhouse, 2555 Pulgas Ave. Farmers travel from as far as Salinas to attend the market, even during the COVID-19 pandemic.

Fresh Approach is a nonprofit dedicated to providing healthy food access to low-income communities. It works with organic family farms in California, providing a space for them to sell their produce while giving East Palo Alto residents access to fresh produce. Food assistance program participants can also get free produce through the market’s robust matching program.

“For a place like East Palo Alto, where they don’t have access to a grocery store that has local, organic, healthy produce, I think it is extremely important to be there for the community,” said Fresh Approach’s food access program coordinator Vera Cordova Mendoza. “Especially during a time when, for some, money is tight, or they just got onto federal benefits because they lost their job.”

As the COVID-19 pandemic has caused business closures and unemployment in the Bay Area, food insecurity is on the rise. The San Francisco-Marin Food Bank reported that they nearly doubled the number of households they serve weekly, from 32,000 pre-pandemic to 60,000 now.

Lost jobs and income make it harder to afford necessities like food. Farmers also struggled to find places to sell their produce.

In an effort to help, Fresh Approach created the Farm Fresh Food Relief project, an emergency food hub that collects unsold produce from small farmers and distributes it to needy families. They continue to host markets at various locations in San Mateo County, including the one in East Palo Alto.

The East Palo Alto market features farmers from Gallardo’s Organic Farm and Ponce Produce in Watsonville, a farming community in the Salinas Valley. Farmers also hail from Castellanos Farms in Tulare County, a more than three-hour drive from East Palo Alto.

Of all the Fresh Approach markets, the East Palo Alto market has the most expansive matching program, which allows recipients of Cal Fresh or other food assistance programs to double their money while shopping. In 2018, Fresh Approach distributed $25,793 in free produce through matching programs at the East Palo Alto market.

Shoppers with Cal Fresh EBT (electronic benefit transfer) cards, formerly known as food stamps, can receive up to $20 in free produce per visit. The matching program goes beyond CalFresh — anyone considered low-income, who goes to the Ravenswood Family Health Center, veterans, or recipients of other food assistance programs like SNAP (Supplemental Nutrition Assistance Program) are eligible to match their dollars.

Mendoza said she noticed more people using the Pandemic EBT cards, which were part of a one-time food assistance program to support students who lost access to school meals when schools closed.

Fresh Approach also partnered with local organizations to distribute coupons to low-income families from August to October. The coupons expire in November and can be redeemed for $3 of free produce around the county.

Though the pandemic has halted their in-person classes and limited the routes of its mobile market, Fresh Approach continues to address food insecurity.

Mendoza recalled the story of an old man who hadn’t been coming to the market for a while as he was afraid to leave his home during the pandemic. When he finally attended the market, VeggieRX vouchers in hand, she struck up a conversation with him.

“He told me he hasn’t been eating any fresh food for the last two months,” Mendoza said. “With the market being there, he was finally able to buy some fresh produce.”

Now, Fresh Approach is preparing for the launch of a mobile farmer’s market in the south Bay Area, which will happen at the end of September.

For more information, people can visit their website at


Author: Bay City News Service

Asset Performance Management Market To Witness Steady Growth Based On Rising Adoption Into Diverse Business Sectors From 2019 To 2025 | Million Insights

Asset Performance Management Market To Witness Steady Growth Based On Rising Adoption Into Diverse Business Sectors From 2019 To 2025 | Million Insights

FELTON, Calif., Sept. 30, 2020 /PRNewswire/ — The global asset performance management market size is anticipated to reach USD 24,401.62 million, by 2025, and is projected to grow at a CAGR of 9.15% from 2019 to 2025, according to a new report by Million Insights. The growing demand for a dedicated system in maintaining assets of the company is projected to spur market growth. Asset management solutions offer optimized performance and reduce operational costs. Moreover, it helps in tracking the performance of heavy equipment, turbine engines and machinery in industrial operations.

Asset management includes asset risk and strategy management, asset reliability management, and predictive asset management tools. Increasing usage of these solutions in manufacturing, energy and utilities, mining, and transportation sector is contributing to market growth. In 2018, the manufacturing segment dominated the market with the largest market share. The small and medium manufacturers across the world are opting for these solutions to manage their assets in the manufacturing unit.

Energy and utilities vertical held the highest market share in 2018. This growth is constituted by the increasing adoption of asset management tools in the energy sector to manage their assets. For example, Tata power uses the AVEVA group’s PRISM predictive asset analytics to manage the performance of its assets. This solution helps in enhancing the performance and increasing the reliability of its assets.

Please click here to get the sample pdf and find more details on “Asset Performance Management Market” Report 2025.

Companies are reluctant to tackle unplanned downtime from asset failure. Asset management tools helps in monitoring assets performance, and avoiding failure risks. The inability to maintain assets and ineffective maintenance can lead to a decline in the sales of the company. Cloud-based solutions helps in managing the efficiency of assets and maintenance costs. Furthermore, the development of Industrial IoT platforms especially in cloud-based applications is anticipated to be a key factor proliferating the demand for asset management solutions.

Key manufacturers in the asset performance management market include ARMS Reliability; Aspen Technology Inc.; ABB; Bentley Systems Incorporated; IBM Corporation and General Electric.

Further key findings from the report suggest:

  • Growing trend of digitalization in industrial operations for maintenance and asset tracking is influencing companies to look after asset management solutions.
  • Predictive asset management solutions are growing in popularity due to the usage of advanced tools, neural analysis, and simulation techniques.
  • Depending on the deployment mode, on-premise systems held the largest market share in the overall market.
  • Hosted type deployment is anticipated to grow at a CAGR of over 11.0%over the forecasted period.
  • Public cloud type dominated the market with share of over 60.0% in 2018.
  • Browse 100 page research report with TOC on “Global Asset Performance Management Market” at:

    Million Insights has segmented the global asset performance management market based on deployment mode, category, vertical, and region:

  • Asset Performance Management Deployment Mode Outlook (Revenue, USD Million, 2014 – 2025)
  • On-Premises
  • Hosted
  • Public Cloud
  • Private Cloud
  • Asset Performance Management Category Outlook (Revenue, USD Million, 2014 – 2025)
  • Predictive Asset Management
  • Asset Reliability Management
  • Asset Strategy Management
  • Others
  • Asset Performance Management Vertical Outlook (Revenue, USD Million, 2014 – 2025)
  • Energy &Utilities
  • Oil & Gas
  • Manufacturing
  • Mining & Metal
  • Government & Public Sector
  • Transportation
  • Chemicals & Pharmaceutical
  • Others
  • Asset Performance Management Regional Outlook (Revenue, USD Million, 2014 – 2025)
  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • U.K.
  • Germany
  • France
  • Asia Pacific
  • China
  • Japan
  • India
  • Central & South America
  • Brazil
  • Middle East & Africa
  • Browse the latest market research reports available at Million Insights:

  • Eyewear Market – The global eyewear market size was accounted for USD 138.7 billion in 2019 and expected to register 8.1% CAGR over the forecast duration, 2020 to 2027. Rising focus on quality and introduction of optical brands made up of premium materials are attributing to the growth of the market.
  • Thermal Imaging Market – The global thermal imaging market size was valued at USD 5.95 billion in 2019. The market is projected to register 8.4% CAGR over the forecast duration, 2020 to 2027. The use of thermal imaging technology has gained traction over the past years in both the commercial and residential sector.
  • Ready-Mix Concrete Market – The global ready-mix concrete market size was worth USD 656.1 billion in 2019. The market is projected to register 7.9% CAGR over the forecast duration, 2020 to 2027. Rapid construction activities in commercial, residential and industrial sectors are driving the growth of the market.
  • Automotive Electronics Market – The global automotive electronics market size was worth USD 248.84 billion in 2019. It is projected that the market would witness a CAGR of 9.0% over the forecast duration, 2020 to 2027. Introduction of advance solution for safety like airbags, a warning system for lane departure and automatic emergency braking system are supplementing the growth of the market.
  • About Million Insights:

    Million Insights, is a distributor of market research reports, published by premium publishers only. We have a comprehensive market place, that will enable you to compare data points, before you make a purchase. Enabling informed buying, is our motto and we strive hard to ensure that our clients get to browse through multiple samples, prior to an investment. Service flexibility & the fastest response time are two pillars, on which our business model is founded. Our market research report store, includes in-depth reports, from across various industry verticals, such as healthcare, technology, chemicals, food & beverages, consumer goods, material science & automotive.

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    Author: Million Insights

    Far-Right Group That Trades in Political Violence Gets a Boost

    Far-Right Group That Trades in Political Violence Gets a Boost

    During this week’s presidential debate, President Trump said an extremist organization should “stand back and stand by.” Some saw it as an endorsement of a group known for street brawls.

    When hundreds of supporters of President Trump gathered for a Labor Day rally in Oregon, a man in the signature black-and-gold shirt of the Proud Boys approached the crowd with a welcoming smile.

    If the Republican activists ever needed security for an event, said the man, Flip Todd, the Proud Boys were available. They had sworn loyalty to the country and the president, he said. “We’ll continue to fight for you.”

    It took only a few hours to demonstrate what that might entail. As some in the rally caravanned by car to Salem, the state capital, the Proud Boys joined a group of right-wing demonstrators who rushed across a street and began attacking people who had set up a leftist counterprotest. At one point, a large man in a bulletproof vest knocked a much smaller counterprotester to the ground, an event the Proud Boys celebrated later when they posted video of the attack. “Hulk smash!” it said.

    The far-right band of brothers who have turned street thuggery into political theater had not quite become a household name before President Trump was asked about the Proud Boys during Tuesday night’s presidential debate, and whether he would condemn white supremacists: “Proud Boys,” he said, “stand back and stand by.”

    Within minutes of hearing the president’s remark, Enrique Tarrio, the Proud Boys’ chairman, called down to the T-shirt business he owns in Miami with an order to get the presses rolling. “PROUD BOYS STANDING BY,” the new shirts said.


    To Gavin McInnes, the founder and former chairman of the Proud Boys, the president’s request was a call to action against antifa, the loose collective of antifascist activists who have mounted raucous street demonstrations against police violence, corporate dominance and inequality in cities across America this summer.

    “I think he was saying that if antifa starts burning down cities again, go in and fight them,” Mr. McInnes said. “I think he was saying I appreciate you and appreciate your support.”

    The Proud Boys describe themselves as “western chauvinists” who “refuse to apologize for creating the modern world.” By reputation, the Proud Boys are a far-right group of brawlers where punches are part of membership initiation. Its participants have espoused misogynistic, Islamophobic, anti-Semitic and anti-immigrant views while making allies with white supremacists whom group leaders claim to disavow.

    Over the past four years, the group has engaged in clashes in cities like Portland, Ore., and Berkeley, Calif., as well as at the notorious neo-Nazi march in Charlottesville, Va., in 2017 that was organized by a Proud Boys member.

    Mr. Trump sought to quell a backlash from fellow Republicans over his remarks on Wednesday, denying any knowledge of the Proud Boys. And some in the Proud Boys sought to create distance as well. “I don’t see it, and the organization doesn’t see it, as a direct endorsement,” said Mr. Tarrio, the current chairman, contradicting his predecessor. Mr. Trump’s remarks about “standing by” were “a small slip,” he said, intended to suggest that the group should “stand by and let the cops do their job.”

    But the president’s remark, which came after Joseph R. Biden Jr., the Democratic candidate, mentioned the group, also attracted attention and approval among avowed white supremacists. “I got shivers. I still have shivers,” wrote Andrew Anglin, the founder of the Daily Stormer, a neo-Nazi website. “He is telling the people to stand by. As in: get ready for war.”

    While the Proud Boys claim to be anti-establishment, they also court members of the Republican elite and count Roger Stone, the conservative political consultant and ally of Mr. Trump, among their most high-profile supporters. Mr. Stone recorded a voice mail message for Mr. Tarrio, who dropped out of the Republican primary for a congressional seat in Florida this year after failing to attract much interest or financial support.

    The Proud Boys have been able to make inroads with mainstream conservatives in part because its members wrap themselves in libertarian values, said Samantha Kutner of the Khalifa Ihler Institute, an academic collective that maps far-right groups globally. “It is hard for people to understand the kind of extremism that comes wrapped in the American flag,” she said.

    Mr. McInnes, a co-founder of Vice, the provocative hipster magazine, established the Proud Boys in 2016 in New York.


    He initially conceived of the group as a Knights of Columbus-like drinking club where men could come together in a kind of right-wing safe space. But after Mr. Trump took office, he and the group began to serve as bodyguards for ultraconservative speakers like Ann Coulter and Milo Yiannopoulos whose events were protested and occasionally shut down by left-wing antifa activists.

    “I love being white and I think it’s something to be very proud of,” he told The New York Times in a 2003 interview. “I don’t want our culture diluted. We need to close the borders now and let everyone assimilate to a Western, white, English-speaking way of life.”

    One of the group’s most notorious acts was a motorcade in 2017 through Islamberg, a hamlet in upstate New York, where a number of Muslim families had moved to escape racism and violence in New York City; the Proud Boys falsely accused the Muslims there of training Islamist extremists. On another occasion, the group crashed a fund-raising event for the victims of sexual violence at a bar in the Canadian city of Vancouver.

    After Kyle Rittenhouse, 17, was arrested in August in the shooting deaths of two protesters in Kenosha, Wis., “Rittenhouse Did Nothing Wrong” was the kind of T-shirt that popped up at Proud Boy rallies.

    Much of what the group does “is intended to provoke and trigger people, get them upset to the point that they want to engage in some kind of physical altercation,” Ms. Kutner said. Their tactics and ideology have led to accusations that they are the modern face of fascism.

    Last year, in sentencing two Proud Boys members to lengthy jail sentences after a brawl with leftists in Manhattan, Justice Mark Dwyer of the New York State Supreme Court said such acts were particularly dangerous “at this time in the country when people are so divided.”

    “I know enough about history to know what happened in Europe in the ’30s when political street brawls were allowed to go ahead,” he said.


    Social media platforms such as Facebook and Twitter have at times cracked down on the Proud Boys. Members have migrated to other organizing tools, such as their own website and the instant messaging platform Telegram.

    Less than 24 hours after Mr. Trump made his comments, two of the largest Proud Boy groups on Telegram added hundreds of new members.

    Mr. McInnes has claimed the Proud Boys have 5,000 members, with chapters in almost every state as well as about a half-dozen countries. Experts put the number much lower, at anywhere between 1,000 and 3,000.

    Violence is built into the group’s very DNA. There are four levels of membership, starting with saying the pro-Western creed aloud, then moving higher to a Proud Boys tattoo. The highest level was once reserved for those who engage in violence on the group’s behalf.

    The group’s flag, featuring a rooster weather vane pointing west, sports the words “The West is the Best,” and its annual convention, held recently in Las Vegas, is called WestFest. The group’s name was reportedly inspired by a song, “Proud of Your Boy,” written for the Disney film “Aladdin.”

    Mr. McInnes insisted on Wednesday that there was not “some sort of secret standing army” of Proud Boys and militia men awaiting orders from the president to engage in street fighting. But if violent protests continue around the country, he said, “ordinary Americans are finally going to say, ‘We’re sick of you burning down our cities,’ and they’re going to start fighting back.”

    The sources of the group’s funding remain murky. At one point, members seemed to be paying $20 a month in dues, said Megan Squire, a professor at Elon University in North Carolina who tracks extremist groups online. There is considerable overlap in their membership with neo-Nazi groups, she said.

    The Proud Boys have long used Portland as a venue for clashing with local left-wing activists, and supporters of the group have been visible there throughout the summer, sometimes engaging in violent confrontations.

    In mid-August, one participant in a right-wing demonstration fired two gunshots, authorities said. The following week, a Proud Boys supporter brandished a gun, pointing it at left-wing opponents. The next week, when a pro-Trump caravan motored into Portland, a supporter of the far-right group Patriot Prayer was fatally shot by an antifa activist — a killing that became a rallying cry for the Proud Boys.

    Last weekend, the Proud Boys assembled in Portland, billing the gathering as an event to “end domestic terrorism.” They predicted that several thousand people would attend, from all over the country.

    In the end, there were less than 1,000 — some of them members of other right-wing groups.


    Author: Sheera Frenkel

    JPMorgan Admits Fraud, Agrees to Billion Dollar Settlement for Illegal Trading | News Bitcoin News

    JPMorgan Admits Fraud, Agrees to Billion Dollar Settlement for Illegal Trading | News Bitcoin News

    JPMorgan Admits Fraud, Agrees to Billion Dollar Settlement for Illegal Trading

    JPMorgan Chase has admitted to fraud charges and agreed to settle with the U.S. Department of Justice, the Commodity Futures Trading Commission, and the Securities and Exchange Commission. The firm has agreed to pay nearly a billion dollars in penalties and victim compensation.

    The U.S. Department of Justice (DOJ), the Commodity Futures Trading Commission (CFTC), and the Securities and Exchange Commission (SEC) announced separate actions against New York-based global banking and financial services firm JPMorgan Chase & Co. and several of its subsidiaries on Tuesday. According to the agencies, JPMorgan has admitted to fraud charges and agreed on settlements to resolve criminal charges against it.

    The Justice Department explained that the criminal charges against JPMorgan Chase relate to two distinct schemes to defraud. “The first involving tens of thousands of episodes of unlawful trading in the markets for precious metals futures contracts, and the second involving thousands of episodes of unlawful trading in the markets for U.S. Treasury,” the DOJ announcement details.

    The CFTC independently issued an order charging and settling with JPMorgan Chase & Co. and its subsidiaries, JPMorgan Chase Bank and J.P. Morgan Securities “for manipulative and deceptive conduct and spoofing that spanned at least eight years and involved hundreds of thousands of spoof orders in precious metals and U.S. Treasury futures contracts on the Commodity Exchange, Inc., the New York Mercantile Exchange, and the Chicago Board of Trade.” The CFTC detailed:

    JPM is required to pay a total of $920.2 million — the largest amount of monetary relief ever imposed by the CFTC.

    This total amount includes the highest restitution, disgorgement, and civil monetary penalty amounts in any spoofing case, the agency added.

    “For nearly a decade, a significant number of JP Morgan traders and sales personnel openly disregarded U.S. laws that serve to protect against illegal activity in the marketplace,” Assistant Director William F. Sweeney Jr. of the FBI’s New York Field Office commented. “JP Morgan Chase and Co. agreed to pay nearly one billion dollars in penalties and victim compensation.”

    In addition, the Securities and Exchange Commission issued an order charging J.P. Morgan Securities “for fraudulently engaging in manipulative trading of U.S. Treasury securities.” According to the SEC:

    J.P. Morgan Securities admitted the findings in the SEC’s order, and agreed to pay disgorgement of $10 million and a civil penalty of $25 million to settle the action.

    What do you think about JPMorgan’s fraudulent activities? Let us know in the comments section below.

    Onecoin Victims Join Petition Seeking Establishment of European Crypto Fraud Compensation Fund

    Crypto Bets on the US Election Show Joe Biden Winning the Presidency by 60%

    Purchase Bitcoin without visiting a cryptocurrency exchange. Buy BTC and BCH here.

    Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.


    Author: News by Kevin Helms

    Azerbaijan, Armenia clash as France, Turkey trade barbs: Live

    Azerbaijan, Armenia clash as France, Turkey trade barbs: Live

  • Fighting between Azerbaijan and Armenia entered a fourth day on Wednesday in the biggest eruption of the decades-old conflict since a 1994 ceasefire.
  • Armenia said three civilians had been killed in Martakert, a town located in the breakaway region of Nagorno-Karabakh, as a result of an Azeri attack, local news agency Armenpress reported.
  • French President Emmanuel Macron said Turkey’s “warlike” rhetoric was encouraging Azerbaijan to reconquer Nagorno-Karabakh.
  • Nagorno-Karabakh is a disputed region inside Azerbaijan and controlled by ethnic Armenians. It broke away from Azerbaijan in a war in the 1990s but is not recognised by any country as an independent republic.
  • Here are the latest updates:

    The defence ministry of the breakaway region of Nagorno-Karabakh said it could report 23 more casualties.

    Dozens have been reported killed and hundreds wounded in fighting since Sunday.

    Iranian media reported that a rocket has landed on Iranian soil as part of the Nagorno-Karabakh conflict.

    The missile reportedly landed close to a residential area in a village called Mohammad Salehlou located in Khoda Afarin county, near the Armenian border. It is unclear who fired the rocket. No casualties or damages were reported.

    This is the fourth rocket that lands in the Khoda Afarin border area. All three previous rockets had landed in non-residential areas, inflicting no casualties or damages.

    Russian Foreign Ministry said that illegal armed groups coming from Syria and Libya were being sent to the disputed Nagorno-Karabakh region, according to a statement.

    Moscow called on both parties to prevent the use of foreign fighters and mercenaries in the conflict.

    Two Syrian rebel sources have told Reuters that Turkey is sending Syrian rebel fighters to support Azerbaijan, which Turkey and Azerbaijan have denied.

    Russian Foreign Minister Sergey Lavrov said that Moscow was willing to host the foreign ministers of Armenia and Azerbaijan for talks, a ministry statement cited him as saying.

    He said Russia would continue to work both independently and together with other representatives of the Minsk group of the Organization for Security and Cooperation in Europe (OSCE) to mediate in the conflict.

    One person was killed and three wounded by Armenian fire on the town of Horadiz in southern Azerbaijan, said the Azeri Prosecutor’s Office.

    Al Jazeera’s Robin Forestier-Walker, who has extensively covered developments in the region, said that videos being released from the contested region give the idea of “an all-out war”.

    “The most committed observers to this conflict said that this is the worst they have seen since the ceasefire in 1994 that sort of froze this conflict.”

    Both sides are making claims about how much success they had in the number of military infrastructures they destroyed. “It’s quite extraordinary,” said Forestier-Walker, adding that the Armenians reported destroying 137 tanks and armoured vehicles, 72 aerial vehicles, seven helicopters and aircraft.

    “Azerbaijan is also making similar claims, perhaps in larger numbers, but certainly when we see the military videos that have been released – and some are really ghastly – it gives a sense that this is really an all-out war of the like we haven’t seen since the ’90s.”

    Azerbaijan pledged to pursue military action against Armenian forces until their full withdrawal from the disputed territory.

    “We only have one condition: Armenian armed forces must unconditionally, fully, and immediately leave our lands,” Azerbaijani President Ilham Aliyev said in televised remarks.

    If “the Armenian government fulfils the demand, fighting and bloodshed will end, and peace will be established in the region,” he added.

    The two rival countries have so far rejected international calls for a halt to fighting and negotiations.

    Azerbaijan’s President Ilham Aliyev has thanked Turkish President Recep Tayyip Erdogan for his support, as fighting between Azerbaijan and ethnic Armenian forces entered a fourth day over the breakaway region of Nagorno-Karabakh.

    Erdogan said on Monday Azerbaijan must take matters into its own hands and Turkey would stand “with all its resources and heart” behind Baku.

    Aliyev said Pakistan, Afghanistan and Turkey all demonstrated support, but added Azerbaijan’s army did not need external help.

    Armenia says three civilians have been killed in Martakert, a town situated in the breakaway region of Nagorno-Karabakh, as a result of an Azeri attack, the state-run Armenpress news agency reported.

    The Kremlin has said Russia’s military was closely following developments over Nagorno-Karabakh and again urged the opposing sides to end hostilities.

    Armenia has posted pictures on an online government platform of the wreckage of a plane it said was a SU-25 warplane, shot down by a Turkish fighter jet on September 29.

    Turkey and Azerbaijan have denied Yerevan’s claim that a Turkish F-16 fighter jet shot down the Armenian plane, killing the pilot. On Wednesday, Armenia’s defence ministry named the pilot as Major Valeri Danelin.

    Turkey will back Azerbaijan with “every means available” in the Nagorno-Karabakh conflict, Foreign Minister Mevlut Cavusoglu has said.

    “We will do what is necessary … if Azerbaijan wants to resolve this [conflict] on the field,” Cavusoglu told state news agency Anadolu after being asked whether Turkey is providing military support to Baku.

    Azerbaijan currently has the “capacity” to handle the situation on its own, Cavusoglu said.

    Turkish Foreign Minister Cavusoglu has said French solidarity with Armenia amounted to supporting Armenian occupation in Azerbaijan.

    He was speaking in an interview with state-run Anadolu news agency after French President Emmanuel Macron said Turkey’s “warlike” rhetoric was encouraging Baku to reconquer Nagorno-Karabakh.

    French President Macron has said Turkey’s “warlike” rhetoric was encouraging Azerbaijan to reconquer Nagorno-Karabakh and that was unacceptable, though he added he had no proof at this stage of direct Turkish involvement.

    Fierce fighting broke out on Sunday between Armenian and Azeri forces over Nagorno-Karabakh. Turkey is an ally of Azerbaijan, with which it shares ethnic and cultural ties.

    “I have noted Turkey’s political declarations [in favour of Azerbaijan], which I think are inconsiderate and dangerous,” Macron told a news conference in Latvia.

    Armenia’s Prime Minister Nikol Pashinyan, who spoke by phone to Russian President Vladimir Putin on Tuesday, said he is not at this point considering asking for help under a post-Soviet security treaty – but did not rule out doing so.

    “Armenia will ensure its security, with the participation of the Collective Security Treaty Organization (CSTO) or without it,” Russian news agencies quoted Pashinyan as saying.

    He said he and Putin had not discussed the possibility of Russian military intervention in the Nagorno-Karabakh conflict.

    Russia has used the CSTO, along with the Eurasian Economic Union, another regional bloc focused on trade, to project influence across most of the former Soviet Union.

    Armenian Prime Minister Nikol Pashinyan says peace talks with Azerbaijan under Russian mediation would be inappropriate, as fighting over the breakaway Nagorno-Karabakh region entered a fourth day.

    “It isn’t very appropriate to speak of a summit between Armenia, Azerbaijan and Russia at a time of intensive hostilities,” Pashinyan told Russia’s Interfax news agency. “A suitable atmosphere and conditions are needed for negotiations.”

    At least 2,300 Armenian soldiers have been killed or wounded by Azerbaijani troops since the conflict between the two countries began on Sunday, Azerbaijan’s defence ministry has said, according to an Anadolu Agency report.

    Al Jazeera was not able to independently identify these numbers.

    The ministry statement added that 130 tanks and armoured vehicles, more than 200 artillery and missile systems, approximately 25 air defence systems, six command and observation zones, five ammunition depots, 50 anti-tank guns and 55 cars were also destroyed.

    Hello and welcome to Al Jazeera’s continuing coverage of the Nagorno-Karabakh conflict. I am Usaid Siddiqui in Doha, Qatar.

    You can read the updates from September 29 here.


    Author: Usaid Siddiqui

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