<p class="MsoNormal">Ilya Sutskever, co-founder of OpenAI and former chief scientist, announced the start of his new artificial intelligence firm, Safe Superintelligence, on Wednesday (June 19). The announcement was made in a post on X, underlining the company's commitment to creating a secure AI environment in the growing generative AI boom.<o:p></o:p></p>

<p class="MsoNormal">"Our singular focus means no distraction by management overhead or product cycles, and our business model means safety, security, and progress are all insulated from short-term commercial pressures," Sutskever said in his post.<o:p></o:p></p>

<h2 class="MsoNormal"><b>Focused on AI safety and security<o:p></o:p></b></h2>

<p class="MsoNormal">Safe Superintelligence, described on its website as an American company with operations in Palo Alto and Tel Aviv, is dedicated to ensuring that AI breakthroughs are handled safely. The company's launch comes at a critical juncture, as big tech companies compete for dominance in the generative AI field.<o:p></o:p></p>

<p class="MsoNormal">Sutskever is joined in this business by Daniel Levy, a former OpenAI researcher, and Daniel Gross, a Cue co-founder and former Apple AI leader. The trio combines a lot of AI knowledge and expertise, intending to prioritise safety and security in their projects.<o:p></o:p></p>

<h2 class="MsoNormal"><b>Sutskever's departure from OpenAI<o:p></o:p></b></h2>

<p class="MsoNormal">Sutskever's exit from OpenAI in May came after he played a key role in CEO Sam Altman's firing and subsequent rehiring in November. Sutskever was dismissed from the OpenAI board following Altman's return, opening the path for his new venture with Safe Superintelligence.<o:p></o:p></p>

<p class="MsoNormal"><i>(With inputs from Agencies)<o:p></o:p></i></p>


Ilya Sutskever, co-founder of OpenAI and former chief scientist, announced the start of his new artificial intelligence firm, Safe Superintelligence, on Wednesday (June 19).

Ilya Sutskever, co-founder of OpenAI and former chief scientist, announced the start of his new artificial intelligence firm, Safe Superintelligence, on Wednesday (June 19). The announcement was made in a post on X, underlining the company's commitment to creating a secure AI environment in the growing generative AI boom. "Our singular focus means no distraction by management overhead or product cycles, and our business model means safety, security, and progress are all insulated from short-term commercial pressures," Sutskever said in his post. Focused on AI safety and security Safe Superintelligence, described on its website as an American company with operations in Palo Alto and Tel Aviv, is dedicated to ensuring that AI breakthroughs are handled safely. The company's launch comes at a critical juncture, as big tech companies compete for dominance in the generative AI field. Sutskever is joined in this business by Daniel Levy, a former OpenAI researcher, and Daniel Gross, a Cue co-founder and former Apple AI leader. The trio combines a lot of AI knowledge and expertise, intending to prioritise safety and security in their projects. Sutskever's departure from OpenAI Sutskever's exit from OpenAI in May came after he played a key role in CEO Sam Altman's firing and subsequent rehiring in November. Sutskever was dismissed from the OpenAI board following Altman's return, opening the path for his new venture with Safe Superintelligence. (With inputs from Agencies)

OpenAI co-founder Ilya Sutskever launches new AI venture

<p>Israeli forces bombed areas in the central Gaza Strip in overnight raids during wee hours of Thursday (June 20), killing three people and injuring dozens of others, as per the medics. Meanwhile, the Israeli tanks also deepened their invasion into Rafah in the southern part of blockaded Palestinian enclave.&nbsp;</p>

<p>Gaza health officials cited by news agency <em>Reuters</em> said that Israeli planes struck a house in Al-Nuseirat camp, killing two people and wounding 12 others. Tanks also shelled areas in Al-Maghazi and Al-Bureij camps.&nbsp;</p>

<p>Nuseirat, Maghazi, and Bureij are three of Gaza's eight historic refugee camps.</p>

<p>In Deir al-Balah, a city packed with displaced people in the central Gaza Strip, an Israeli air strike killed one Palestinian and wounded several others on Thursday, medics said.</p>

<p><strong>Also watch |&nbsp;Israel war: Temporary Gaza pier to be dismantled as it failed its mission, says officials</strong></p>

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<p>The Israeli military said on Wednesday (June 19) that its forces were continuing their operations across the enclave in what it described as "precise, intelligence-based" activities.</p>

<p>Over eight months into the war in Gaza, Israel's offensive is now focused on the two last areas its forces had yet to storm: Rafah on Gaza's southern edge and the area surrounding Deir al-Balah in the centre.&nbsp;</p>

<p>Since May, more than a million people have been forced to flee. The vast majority are already displaced from other parts of the blockaded Palestinian enclave.</p>

<p><strong>Also read |&nbsp;<a href="https://www.wionews.com/world/us-forces-destroy-two-houthi-targets-in-yemen-amid-red-sea-ship-attacks-733326">US forces destroy two Houthi targets in Yemen amid Red Sea ship attacks</a></strong></p>

<p>A Reuters report described Israeli tanks stationed deep in the western and central areas of Rafah. The tanks reportedly stepped up bombardment, forcing more families living in the far coastal areas to flee northward.&nbsp;</p>

<p>Some residents said the pace of the raid has been accelerated in the past two days.</p>

<p>Rafah housed over half of Gaza's 2.3 million people until May 7 when Israeli forces began the ground offensive into the city. Fewer than 100,000 are now believed to be left behind.</p>

<p>On Thursday (June 20), Israeli authorities also freed 33 Palestinians who had been detained during the past months by Israeli forces in different areas of the blockaded Palestinian&nbsp;enclave. The freed detainees were admitted into Al-Aqsa Hospital in Deir Al-Balah in the central Gaza Strip after they complained of torture and mistreatment, a claim Israel denied.&nbsp;</p>

<p><em>(With inputs from agencies)</em></p>


Israeli forces bombed areas in the central Gaza Strip in overnight raids during wee hours of Thursday (June 20), killing three people and injuring dozens of others, as per the medics.

Israeli forces bombed areas in the central Gaza Strip in overnight raids during wee hours of Thursday (June 20), killing three people and injuring dozens of others, as per the medics. Meanwhile, the Israeli tanks also deepened their invasion into Rafah in the southern part of blockaded Palestinian enclave. Gaza health officials cited by news agency Reuters said that Israeli planes struck a house in Al-Nuseirat camp, killing two people and wounding 12 others. Tanks also shelled areas in Al-Maghazi and Al-Bureij camps. Nuseirat, Maghazi, and Bureij are three of Gaza's eight historic refugee camps. In Deir al-Balah, a city packed with displaced people in the central Gaza Strip, an Israeli air strike killed one Palestinian and wounded several others on Thursday, medics said. Also watch | Israel war: Temporary Gaza pier to be dismantled as it failed its mission, says officials × The Israeli military said on Wednesday (June 19) that its forces were continuing their operations across the enclave in what it described as "precise, intelligence-based" activities. Over eight months into the war in Gaza, Israel's offensive is now focused on the two last areas its forces had yet to storm: Rafah on Gaza's southern edge and the area surrounding Deir al-Balah in the centre. Since May, more than a million people have been forced to flee. The vast majority are already displaced from other parts of the blockaded Palestinian enclave. Also read | US forces destroy two Houthi targets in Yemen amid Red Sea ship attacks A Reuters report described Israeli tanks stationed deep in the western and central areas of Rafah. The tanks reportedly stepped up bombardment, forcing more families living in the far coastal areas to flee northward. Some residents said the pace of the raid has been accelerated in the past two days. Rafah housed over half of Gaza's 2.3 million people until May 7 when Israeli forces began the ground offensive into the city. Fewer than 100,000 are now believed to be left behind. On Thursday (June 20), Israeli authorities also freed 33 Palestinians who had been detained during the past months by Israeli forces in different areas of the blockaded Palestinian enclave. The freed detainees were admitted into Al-Aqsa Hospital in Deir Al-Balah in the central Gaza Strip after they complained of torture and mistreatment, a claim Israel denied. (With inputs from agencies)

Israel deepens Rafah offensive as civilians in central Gaza camps scramble for safety

<p>An Indian farm labourer, Satnam Singh, succumbed to his injuries in a hospital on Wednesday (June 19) after being abandoned by the roadside with a severed hand, an injury sustained while working on a farm in Latina, Italy, about 50 km from Rome.&nbsp;</p>

<p>Satnam Singh’s arm was reportedly severed during a work accident. Instead of receiving immediate medical attention, he was dumped near his house. This incident has been condemned by Italy’s Labour Minister Marina Calderone as an "act of barbarity."</p>

<p>The Indian Embassy in Italy confirmed Singh’s death and announced the tragic development on its official social media account, stating, "The Embassy is aware of the very unfortunate demise of an Indian national in Latina, Italy. We are in contact with local authorities. Efforts are underway to contact the family and provide consular assistance."</p>

<p>Addressing the Italian parliament, Minister Calderones said, "The Indian agricultural worker who suffered a serious accident in the countryside of Latina and was abandoned in very serious conditions...has died."</p>

<p>Reports indicate that Satnam, approximately 31 years old, was working without legal papers.&nbsp;</p>

<p><strong>Also read |&nbsp;<a href="https://www.wionews.com/world/india-and-italy-strengthen-ties-with-indo-mediterranean-initiative-732626">India and Italy strengthen ties with Indo-Mediterranean initiative</a></strong></p>

<p>He was injured on Monday (June 17) while cutting hay, accidentally severing his arm in a slicing machine.&nbsp;</p>

<p>According to local sources, it was Singh's wife and friends who alerted the police, following which an air ambulance was dispatched to his residence.</p>

<p>The opposition Democratic Party of Italy also criticised the conditions under which Singh was forced to work.</p>

<p><strong>Also watch |&nbsp;India-Italy move forward in ‘Melodi’ era with approval of key migration and mobility pact</strong></p>

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<p>In a Facebook post, the party said they stand in solidarity with Singh's family, stating, "As the Democratic Party we are close to Satnam Singh's wife and all his loved ones, aware that the profound pain of separation associates the dramatic awareness of the double violence suffered."</p>

<p>This event has sparked a conversation about the treatment of undocumented workers and the conditions they endure while working in Italy.</p>

<p><em>(With inputs from agencies)</em></p>


An Indian farm labourer, Satnam Singh, succumbed to his injuries in a hospital on Wednesday (June 19) after being abandoned by the roadside with a severed hand, an injury sustained while working on a farm in Latina, Italy, about 50 km from Rome.

An Indian farm labourer, Satnam Singh, succumbed to his injuries in a hospital on Wednesday (June 19) after being abandoned by the roadside with a severed hand, an injury sustained while working on a farm in Latina, Italy, about 50 km from Rome. Satnam Singh’s arm was reportedly severed during a work accident. Instead of receiving immediate medical attention, he was dumped near his house. This incident has been condemned by Italy’s Labour Minister Marina Calderone as an "act of barbarity." The Indian Embassy in Italy confirmed Singh’s death and announced the tragic development on its official social media account, stating, "The Embassy is aware of the very unfortunate demise of an Indian national in Latina, Italy. We are in contact with local authorities. Efforts are underway to contact the family and provide consular assistance." Addressing the Italian parliament, Minister Calderones said, "The Indian agricultural worker who suffered a serious accident in the countryside of Latina and was abandoned in very serious conditions...has died." Reports indicate that Satnam, approximately 31 years old, was working without legal papers. Also read | India and Italy strengthen ties with Indo-Mediterranean initiative He was injured on Monday (June 17) while cutting hay, accidentally severing his arm in a slicing machine. According to local sources, it was Singh's wife and friends who alerted the police, following which an air ambulance was dispatched to his residence. The opposition Democratic Party of Italy also criticised the conditions under which Singh was forced to work. Also watch | India-Italy move forward in ‘Melodi’ era with approval of key migration and mobility pact × In a Facebook post, the party said they stand in solidarity with Singh's family, stating, "As the Democratic Party we are close to Satnam Singh's wife and all his loved ones, aware that the profound pain of separation associates the dramatic awareness of the double violence suffered." This event has sparked a conversation about the treatment of undocumented workers and the conditions they endure while working in Italy. (With inputs from agencies)

Indian farm worker in Italy dies after employer dumps him on roadside with severed arm

<p>Sri Lanka launched an upgraded naval monitoring centre on Thursday, funded by its powerful neighbour India as New Delhi pushes to counter China's expanding regional influence.</p>

<p>The Maritime Rescue Coordinating Centre -- able to track shipping across vast areas -- was backed by a $6 million Indian grant, a statement from President Ranil Wickremesinghe's office said.</p>

<p>Based in&nbsp;Sri Lanka's naval headquarters in Colombo, it also includes seven remote stations along the island's eastern seaboard.</p>

<p><strong>Also read |&nbsp;<a href="https://www.wionews.com/india-news/what-is-neighbourhood-first-sagar-outlook-foreign-policy-frameworks-at-centre-of-modi-30-inauguration-730111">What is Neighbourhood First, SAGAR outlook? Foreign policy frameworks at centre of Modi 3.0 inauguration</a></strong></p>

<p>One lies in the far south of Sri Lanka -- close to the Chinese-run port of Hambantota -- overseeing major international east-to-west shipping routes.</p>

<p>Sri Lanka's maritime rescue region covers an area of 1.77 million square kilometres (683,400 square miles) stretching from India to Indonesia, Australia and the Maldives.</p>

<p>India's foreign minister S. Jaishankar opened the facility during his first foreign visit since the formation of Prime Minister Narendra Modi's new government this month.</p>

<p>Jaishankar said on social media that Colombo was a key part of India's "neighbourhood first" and&nbsp;maritime security policies.</p>

<p><strong>Also watch |&nbsp;S Jaishankar on WION: Calls for collective self-reliance in the Indian Ocean</strong></p>

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<p>India is suspicious of China's growing presence in the Indian Ocean, including in Sri Lanka as well as the Maldives, which signed a military assistance pact with Beijing in March.</p>

<p>That deal came as a garrison of Indian soldiers, who had been stationed in the upscale holiday destination to assist with maritime patrols, was ordered by pro-Beijing President Mohamed Muizzu to leave.</p>

<p>China, which is Sri Lanka's biggest lender and owns around 10 percent of its foreign debt, has also funded several development projects on the island, including a rarely-used convention centre and airport in Hambantota, which critics have slammed as white elephants.</p>

<p>Jaishankar also discussed New Delhi-backed infrastructure and energy projects, some funded by India's Adani group, officials said.</p>

<p>In 2021, Sri Lanka awarded a strategic port development in Colombo to India's Adani group -- a 1.4-kilometre (0.9-mile) jetty next to a Chinese-operated terminal.</p>

<p>And Adani was last month awarded a deal to establish a $442-million wind energy plant in Sri Lanka's north, although that has faced legal challenges from local residents.</p>


Sri Lanka launched an upgraded naval monitoring centre on Thursday, funded by its powerful neighbour India as New Delhi pushes to counter China's expanding regional influence.

Sri Lanka launched an upgraded naval monitoring centre on Thursday, funded by its powerful neighbour India as New Delhi pushes to counter China's expanding regional influence. The Maritime Rescue Coordinating Centre -- able to track shipping across vast areas -- was backed by a $6 million Indian grant, a statement from President Ranil Wickremesinghe's office said. Based in Sri Lanka's naval headquarters in Colombo, it also includes seven remote stations along the island's eastern seaboard. Also read | What is Neighbourhood First, SAGAR outlook? Foreign policy frameworks at centre of Modi 3.0 inauguration One lies in the far south of Sri Lanka -- close to the Chinese-run port of Hambantota -- overseeing major international east-to-west shipping routes. Sri Lanka's maritime rescue region covers an area of 1.77 million square kilometres (683,400 square miles) stretching from India to Indonesia, Australia and the Maldives. India's foreign minister S. Jaishankar opened the facility during his first foreign visit since the formation of Prime Minister Narendra Modi's new government this month. Jaishankar said on social media that Colombo was a key part of India's "neighbourhood first" and maritime security policies. Also watch | S Jaishankar on WION: Calls for collective self-reliance in the Indian Ocean × India is suspicious of China's growing presence in the Indian Ocean, including in Sri Lanka as well as the Maldives, which signed a military assistance pact with Beijing in March. That deal came as a garrison of Indian soldiers, who had been stationed in the upscale holiday destination to assist with maritime patrols, was ordered by pro-Beijing President Mohamed Muizzu to leave. China, which is Sri Lanka's biggest lender and owns around 10 percent of its foreign debt, has also funded several development projects on the island, including a rarely-used convention centre and airport in Hambantota, which critics have slammed as white elephants. Jaishankar also discussed New Delhi-backed infrastructure and energy projects, some funded by India's Adani group, officials said. In 2021, Sri Lanka awarded a strategic port development in Colombo to India's Adani group -- a 1.4-kilometre (0.9-mile) jetty next to a Chinese-operated terminal. And Adani was last month awarded a deal to establish a $442-million wind energy plant in Sri Lanka's north, although that has faced legal challenges from local residents.

India's 'Neighbourhood First' moves keep ties with Sri Lanka in focus

<p>Over a millennium ago, in July 1054, when Chinese astronomers documented a remarkable "guest star" that shone as brightly as Jupiter for nearly a month, it sparked curiosity and speculations in equal proportions. But the two quickly went into oblivion as the guest star faded from sight. This celestial phenomenon was later identified as a cloud of debris from a dying star, located approximately 6,500 light-years away in the constellation Taurus.&nbsp;</p>

<p>Named the Crab Nebula in the 19th century by Irish astronomer Lord Rosse, it was so called due to its appearance of "streams running out like claws in every direction."</p>

<p><strong>Also read |&nbsp;<a href="https://www.wionews.com/science/supernova-hunter-james-webb-spots-most-distant-star-explosion-731106">Supernova hunter James Webb spots most distant star explosion</a></strong></p>

<p>Now in the twenty first century, the James Webb Space Telescope has provided an unprecedented mosaic of the Crab Nebula. For the first time, astronomers can observe the cage-like formations created by countless dust grains, prominently displayed as fluffy magenta material in the upper right and lower left regions of the image.&nbsp;</p>

<p>Unlike other supernova remnants, where dust is concentrated in the central regions, the Crab Nebula’s dust is largely contained within the filaments of its outer shell.</p>

<p><strong>Also watch |&nbsp;NASA James Webb Telescope captures stunning pictures of the universe | Science News | WION</strong></p>

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<p>"The Crab Nebula lives up to a tradition in astronomy: The nearest, brightest, and best-studied objects tend to be bizarre," Nathan Smith, co-author of the study from the Steward Observatory at the University of Arizona, said in a statement.&nbsp;</p>

<p>These observations have been detailed in a paper accepted for publication in The Astrophysical Journal Letters.</p>

<h2><strong>What makes this 'guest star' mysterious?</strong></h2>

<p>Since its explosion as a supernova, the star's shell has been expanding at a staggering rate of approximately 900 miles (1,500 kilometres) per second and now spans about 11 light-years across. Despite its well-documented history and proximity, many details of the explosion have remained a mystery.</p>

<p>The star at the centre&nbsp;of the Crab Nebula likely initiated its demise by producing iron, a process that consumes more energy than it releases, causing the star to collapse under its own gravity.&nbsp;</p>

<p>At the heart of the nebula now lies a rapidly spinning pulsar, visible in Webb's image as a bright white dot at the centre.</p>

<p><em>(With inputs from agencies)</em></p>


Over a millennium ago, in July 1054, when Chinese astronomers documented a remarkable "guest star" that shone as brightly as Jupiter for nearly a month, it sparked curiosity and speculations in equal proportions.

Over a millennium ago, in July 1054, when Chinese astronomers documented a remarkable "guest star" that shone as brightly as Jupiter for nearly a month, it sparked curiosity and speculations in equal proportions. But the two quickly went into oblivion as the guest star faded from sight. This celestial phenomenon was later identified as a cloud of debris from a dying star, located approximately 6,500 light-years away in the constellation Taurus. Named the Crab Nebula in the 19th century by Irish astronomer Lord Rosse, it was so called due to its appearance of "streams running out like claws in every direction." Also read | Supernova hunter James Webb spots most distant star explosion Now in the twenty first century, the James Webb Space Telescope has provided an unprecedented mosaic of the Crab Nebula. For the first time, astronomers can observe the cage-like formations created by countless dust grains, prominently displayed as fluffy magenta material in the upper right and lower left regions of the image. Unlike other supernova remnants, where dust is concentrated in the central regions, the Crab Nebula’s dust is largely contained within the filaments of its outer shell. Also watch | NASA James Webb Telescope captures stunning pictures of the universe | Science News | WION × "The Crab Nebula lives up to a tradition in astronomy: The nearest, brightest, and best-studied objects tend to be bizarre," Nathan Smith, co-author of the study from the Steward Observatory at the University of Arizona, said in a statement. These observations have been detailed in a paper accepted for publication in The Astrophysical Journal Letters. What makes this 'guest star' mysterious? Since its explosion as a supernova, the star's shell has been expanding at a staggering rate of approximately 900 miles (1,500 kilometres) per second and now spans about 11 light-years across. Despite its well-documented history and proximity, many details of the explosion have remained a mystery. The star at the centre of the Crab Nebula likely initiated its demise by producing iron, a process that consumes more energy than it releases, causing the star to collapse under its own gravity. At the heart of the nebula now lies a rapidly spinning pulsar, visible in Webb's image as a bright white dot at the centre. (With inputs from agencies)

China's 11th century 'guest star' revealed as spectacular Crab Nebula

<p class="MsoNormal">Despite the political unrest that has alarmed investors, Citigroup is resolutely striving to grow its operations in Europe, as the bank's newly appointed regional director, Ignacio Gutierrez-Orrantia, exclusively told Reuters. Refinitiv ranks the US financial giant, which underwent its deepest restructuring in decades last year, fourth for M&amp;A and sixth for equity capital markets (ECM) in the EMEA league tables.<o:p></o:p></p>

<p class="MsoNormal">"Whether it takes three, four, or five years, our goal is to be the best. We are determined to succeed," stated Gutierrez-Orrantia, who goes by Nacho in the business. He did say that "volatility and lack of visibility due to the upcoming elections in the UK and France are causing doubts among investors."<o:p></o:p></p>

<h2 class="MsoNormal"><b>Navigating political volatility<o:p></o:p></b></h2>

<p class="MsoNormal">Market operations have already been hampered by the political unrest in Europe. Golden Goose, an Italian luxury sports company, recently announced that it will be delaying its intentions to list in Milan due to worsening market conditions following the European Parliament elections and the announcement of the French general election. These events, in Gutierrez-Orrantia's opinion, represent a complex scenario.<o:p></o:p></p>

<p class="MsoNormal">"From a business perspective, this is also an opportunity for us to sit down with our clients and advise them on how to navigate this instability more effectively," he stated. "Chances may arise with all this political uncertainty happening in Europe," he continued, indicating a proactive strategy to take advantage of the current circumstances.<o:p></o:p></p>

<h2 class="MsoNormal"><b>Strengthening regulatory relations<o:p></o:p></b></h2>

<p class="MsoNormal">Gutierrez-Orrantia took over as CEO of Citibank Europe on Thursday (June 20). He will oversee Citi's European businesses, which include the Banking, Markets, Services, and Wealth divisions, and he will also be responsible for maintaining connections with European regulators. This occurs along with Citi's resolution of noteworthy regulatory obstacles and an uneasy workforce resulting from widespread layoffs.<o:p></o:p></p>

<p class="MsoNormal">In 2020, the bank was hit with fines for violating regulations about its living will, which was designed to be dissolved in the case of bankruptcy. As part of its development strategy, Gutierrez-Orrantia, a 20-year veteran of Citi—said the bank will prioritize technology, healthcare, and infrastructure investments across Europe.<o:p></o:p></p>

<p class="MsoNormal"><i>(With inputs from Agencies)</i><o:p></o:p></p>


Despite the political unrest that has alarmed investors, Citigroup is resolutely striving to grow its operations in Europe, as the bank's newly appointed regional director, Ignacio Gutierrez-Orrantia, exclusively told Reuters.

Despite the political unrest that has alarmed investors, Citigroup is resolutely striving to grow its operations in Europe, as the bank's newly appointed regional director, Ignacio Gutierrez-Orrantia, exclusively told Reuters. Refinitiv ranks the US financial giant, which underwent its deepest restructuring in decades last year, fourth for M&A and sixth for equity capital markets (ECM) in the EMEA league tables. "Whether it takes three, four, or five years, our goal is to be the best. We are determined to succeed," stated Gutierrez-Orrantia, who goes by Nacho in the business. He did say that "volatility and lack of visibility due to the upcoming elections in the UK and France are causing doubts among investors." Navigating political volatility Market operations have already been hampered by the political unrest in Europe. Golden Goose, an Italian luxury sports company, recently announced that it will be delaying its intentions to list in Milan due to worsening market conditions following the European Parliament elections and the announcement of the French general election. These events, in Gutierrez-Orrantia's opinion, represent a complex scenario. "From a business perspective, this is also an opportunity for us to sit down with our clients and advise them on how to navigate this instability more effectively," he stated. "Chances may arise with all this political uncertainty happening in Europe," he continued, indicating a proactive strategy to take advantage of the current circumstances. Strengthening regulatory relations Gutierrez-Orrantia took over as CEO of Citibank Europe on Thursday (June 20). He will oversee Citi's European businesses, which include the Banking, Markets, Services, and Wealth divisions, and he will also be responsible for maintaining connections with European regulators. This occurs along with Citi's resolution of noteworthy regulatory obstacles and an uneasy workforce resulting from widespread layoffs. In 2020, the bank was hit with fines for violating regulations about its living will, which was designed to be dissolved in the case of bankruptcy. As part of its development strategy, Gutierrez-Orrantia, a 20-year veteran of Citi—said the bank will prioritize technology, healthcare, and infrastructure investments across Europe. (With inputs from Agencies)

Citigroup aims to lead the European market despite political uncertainty

<p>UK Prime Minister Rishi Sunak's election-time woes continue to mount with looming threat of a Tory washout in July elections. In the latest incident, a police officer in Sunak's close protection team has been arrested and suspended over alleged bets about the timing of the general election.</p>

<p>The police constable from the Met's Royalty and Specialist Protection Command was arrested on June 17. He is accused of misconduct in public office. The officer was taken into custody and granted bail pending further enquiries.</p>

<p>Earlier last week, a senior aide to Rishi Sunak admitted the betting watchdog was investigating the alleged bets he placed on the date of the general election before its actual announcement.</p>

<p><strong>Also watch |&nbsp;Rishi Sunak's bodyguard arrested over alleged bets on UK election date</strong></p>

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<p>Craig Williams, who was the prime minister’s Parliamentary Private Secretary in the last Parliament, said he would cooperate with the probe.</p>

<p>Williams, a Tory candidate from Montgomeryshire &amp; Glyndwr, placed a £100 ($127) bet on a July election just three days before Sunak declared July 4 as the date, The Guardian reported.</p>

<p>A Scotland Yard spokesperson told The Independent: "We can confirm that on Friday, 14 June, the Met were contacted by the Gambling Commission who informed us that they were investigating alleged bets made by a Police Constable from the Met’s Royalty and Specialist Protection Command, which were related to the timing of the general election."</p>

<p><strong>Also read |&nbsp;<a href="https://www.wionews.com/world/boris-johnson-believed-narayana-murthy-was-helping-rishi-sunak-to-become-uk-pm-reveals-new-book-636519">Boris Johnson 'believed' Narayana Murthy was helping Rishi Sunak to become UK PM, claims new book</a></strong></p>

<p>"The matter was immediately referred to officers in the Met’s Directorate of Professional Standards, who opened an investigation, and the officer was also removed from operational duties."</p>

<p>“The officer was subsequently arrested on Monday 17 June on suspicion of misconduct in public office. He was taken into custody and bailed pending further enquiries. The matter has also been referred to the Independent Office for Police Conduct."</p>

<p>"The Gambling Commission continues to lead the investigation into the alleged betting offences, and our investigation is running in parallel to that."</p>

<p><em>(With inputs from agencies)</em></p>


UK Prime Minister Rishi Sunak's election-time woes continue to mount with looming threat of a Tory washout in July elections. In the latest incident, a police officer in Sunak's close protection team has been arrested and suspended over alleged bets about the timing of the general election.

UK Prime Minister Rishi Sunak's election-time woes continue to mount with looming threat of a Tory washout in July elections. In the latest incident, a police officer in Sunak's close protection team has been arrested and suspended over alleged bets about the timing of the general election. The police constable from the Met's Royalty and Specialist Protection Command was arrested on June 17. He is accused of misconduct in public office. The officer was taken into custody and granted bail pending further enquiries. Earlier last week, a senior aide to Rishi Sunak admitted the betting watchdog was investigating the alleged bets he placed on the date of the general election before its actual announcement. Also watch | Rishi Sunak's bodyguard arrested over alleged bets on UK election date × Craig Williams, who was the prime minister’s Parliamentary Private Secretary in the last Parliament, said he would cooperate with the probe. Williams, a Tory candidate from Montgomeryshire & Glyndwr, placed a £100 ($127) bet on a July election just three days before Sunak declared July 4 as the date, The Guardian reported. A Scotland Yard spokesperson told The Independent: "We can confirm that on Friday, 14 June, the Met were contacted by the Gambling Commission who informed us that they were investigating alleged bets made by a Police Constable from the Met’s Royalty and Specialist Protection Command, which were related to the timing of the general election." Also read | Boris Johnson 'believed' Narayana Murthy was helping Rishi Sunak to become UK PM, claims new book "The matter was immediately referred to officers in the Met’s Directorate of Professional Standards, who opened an investigation, and the officer was also removed from operational duties." “The officer was subsequently arrested on Monday 17 June on suspicion of misconduct in public office. He was taken into custody and bailed pending further enquiries. The matter has also been referred to the Independent Office for Police Conduct." "The Gambling Commission continues to lead the investigation into the alleged betting offences, and our investigation is running in parallel to that." (With inputs from agencies)

Rishi Sunak's election-time woes mount as betting scandal rocks Downing Street

<p class="MsoNormal">The Trump Media &amp; Technology Group stated on Tuesday (June 18) that the Securities and Exchange Commission (SEC) has approved its registration for the transfer of certain shares and warrants. This approval could provide the corporation with around $247 million in proceeds.<o:p></o:p></p>

<p class="MsoNormal">The company, which administers former US President Donald Trump's social media network Truth Social, says that now that its warrants are exercisable, it expects to be "well-positioned" to pursue developments in TV streaming and other platform enhancements. In addition, the funds could help with possible mergers and acquisitions.<o:p></o:p></p>

<p class="MsoNormal">Despite the possible cash boost, Trump Media's shares tumbled roughly 14 per cent in extended trading on fears about potential shareholder dilution. The proceeds from the sale of these warrants would be used to boost the company's present unrestricted cash reserves of more than $200 million.<o:p></o:p></p>

<p class="MsoNormal">Trump Media also stated that an additional $40 million of restricted cash on its balance sheet will become unrestricted once the Form S-1 registration statement is effective. According to LSEG data, the company's shares have fallen 46 per cent since its backdoor offering on the Nasdaq in March, with a market value of $5.53 billion.<o:p></o:p></p>

<p class="MsoNormal"><i>(With inputs from Agencies)</i><o:p></o:p></p>


The Trump Media & Technology Group stated on Tuesday (June 18) that the Securities and Exchange Commission (SEC) has approved its registration for the transfer of certain shares and warrants.

The Trump Media & Technology Group stated on Tuesday (June 18) that the Securities and Exchange Commission (SEC) has approved its registration for the transfer of certain shares and warrants. This approval could provide the corporation with around $247 million in proceeds. The company, which administers former US President Donald Trump's social media network Truth Social, says that now that its warrants are exercisable, it expects to be "well-positioned" to pursue developments in TV streaming and other platform enhancements. In addition, the funds could help with possible mergers and acquisitions. Despite the possible cash boost, Trump Media's shares tumbled roughly 14 per cent in extended trading on fears about potential shareholder dilution. The proceeds from the sale of these warrants would be used to boost the company's present unrestricted cash reserves of more than $200 million. Trump Media also stated that an additional $40 million of restricted cash on its balance sheet will become unrestricted once the Form S-1 registration statement is effective. According to LSEG data, the company's shares have fallen 46 per cent since its backdoor offering on the Nasdaq in March, with a market value of $5.53 billion. (With inputs from Agencies)

Trump Media gains SEC approval for resale of shares, eyes $247 million windfall

<p class="MsoNormal">The Centre has received a formal proposal urging the formation of the Eighth Pay Commission as soon as possible to meet the urgent requirements of central government employees and pensioners. Shiv Gopal Mishra, Secretary of the National Council (staff side, Joint Consultive Machinery), forwarded the recommendation to the Cabinet Secretary in a letter stressing the need to revise basic salary, allowances, pensions, and other benefits given&nbsp;current economic realities.<o:p></o:p></p>

<h2 class="MsoNormal"><b>Proposal for the Eighth Pay Commission<o:p></o:p></b></h2>

<p class="MsoNormal">Mishra stated that the last pay commission, the Seventh Pay Commission, was implemented in 2016, with its recommendations taking effect on January 1 of that year. Given the normal decade-long delay between pay commissions, Mishra claimed that the time has come to form the Eighth Central Pay Commission, which will take effect on January 1, 2026.<o:p></o:p></p>

<h2 class="MsoNormal"><b>Economic justification and demand for revision<o:p></o:p></b></h2>

<p class="MsoNormal">Mishra used economic data to show that inflation rates have greatly surpassed increases in Dearness Allowance (DA) paid to employees and pensioners. He pointed out that critical commodity prices have climbed by more than 80 per cent since 2016, whereas DA adjustments have only reached about 46 per cent as of July 1, 2023. Mishra additionally highlighted the significant improvement in government revenue, with GST and income tax revenues showing strong gains in recent fiscal years.<o:p></o:p></p>

<h2 class="MsoNormal"><b>Opposition and government stance<o:p></o:p></b></h2>

<p class="MsoNormal">Despite rising pressures and economic arguments offered by Mishra, the government has yet to make an official declaration on the formation of the Eighth Central Pay Commission. The hesitancy has sparked frustration among more than 1 crore federal government employees who are eagerly anticipating developments after the 2024 Lok Sabha elections.<o:p></o:p></p>

<h2 class="MsoNormal"><b>Prospects and Employee Expectations<o:p></o:p></b></h2>

<p class="MsoNormal">Mishra closed the letter by urging for a more frequent review of the pay matrix, with updates based on the Aykroyd formula to better reflect changes in living costs. He also expressed reservations about the National Pension System (NPS), stating that employees should return to pre-2004 pension norms. With worker challenges compounded by a high vacancy rate and greater workload, the call for fast action on the pay commission has grown stronger.<o:p></o:p></p>

<p class="MsoNormal"><i>(With inputs from Agencies)</i><o:p></o:p></p>


The Centre has received a formal proposal urging the formation of the Eighth Pay Commission as soon as possible to meet the urgent requirements of central government employees and pensioners.

The Centre has received a formal proposal urging the formation of the Eighth Pay Commission as soon as possible to meet the urgent requirements of central government employees and pensioners. Shiv Gopal Mishra, Secretary of the National Council (staff side, Joint Consultive Machinery), forwarded the recommendation to the Cabinet Secretary in a letter stressing the need to revise basic salary, allowances, pensions, and other benefits given current economic realities. Proposal for the Eighth Pay Commission Mishra stated that the last pay commission, the Seventh Pay Commission, was implemented in 2016, with its recommendations taking effect on January 1 of that year. Given the normal decade-long delay between pay commissions, Mishra claimed that the time has come to form the Eighth Central Pay Commission, which will take effect on January 1, 2026. Economic justification and demand for revision Mishra used economic data to show that inflation rates have greatly surpassed increases in Dearness Allowance (DA) paid to employees and pensioners. He pointed out that critical commodity prices have climbed by more than 80 per cent since 2016, whereas DA adjustments have only reached about 46 per cent as of July 1, 2023. Mishra additionally highlighted the significant improvement in government revenue, with GST and income tax revenues showing strong gains in recent fiscal years. Opposition and government stance Despite rising pressures and economic arguments offered by Mishra, the government has yet to make an official declaration on the formation of the Eighth Central Pay Commission. The hesitancy has sparked frustration among more than 1 crore federal government employees who are eagerly anticipating developments after the 2024 Lok Sabha elections. Prospects and Employee Expectations Mishra closed the letter by urging for a more frequent review of the pay matrix, with updates based on the Aykroyd formula to better reflect changes in living costs. He also expressed reservations about the National Pension System (NPS), stating that employees should return to pre-2004 pension norms. With worker challenges compounded by a high vacancy rate and greater workload, the call for fast action on the pay commission has grown stronger. (With inputs from Agencies)

Centre urged to form Eighth Pay Commission amidst rising costs and employee demands

<p class="MsoNormal">US senators criticised Boeing CEO Dave Calhoun on Tuesday (June 18) for the company's disappointing safety record, overshadowing his apologies to families who lost loved ones in two 737 MAX crashes and accepting responsibility for a January mid-air incident.<o:p></o:p></p>

<p class="MsoNormal">Calhoun was questioned repeatedly by the Senate Permanent Subcommittee on Investigations regarding his remuneration, Boeing's safety culture, and the timing of his planned retirement at the end of the year. "I am proud of every action we have taken," Calhoun said under pointed questioning from Republican Senator Josh Hawley, who demanded to know why Calhoun had not quit immediately and accused him of "strip-mining" Boeing while receiving a multimillion-dollar salary package.<o:p></o:p></p>

<p class="MsoNormal">Calhoun's total remuneration in 2023 rose to $32.8 million, up 45 per cent&nbsp;from $22.6 million in 2022.<o:p></o:p></p>

<p class="MsoNormal">Calhoun's first appearance before Congress focused on Boeing's deteriorating safety record and impending retirement amid a management shakeup. Senator Richard Blumenthal, who chairs the subcommittee, termed the hearing a "moment of reckoning" for Boeing, claiming there was sufficient evidence that the US Justice Department should prosecute the firm.<o:p></o:p></p>

<p class="MsoNormal">"As a former federal prosecutor and state attorney general, I think that the evidence is near-overwhelming to justify that prosecution," Blumenthal stated.<o:p></o:p></p>

<p class="MsoNormal">Prosecutors have until July 7 to notify a federal judge in Texas about their plans. In May, the Justice Department determined that Boeing had failed to "design, implement, and enforce a compliance and ethics program" as part of a deferred prosecution deal following the tragic crashes. Calhoun accepted responsibility for the mishaps that have thrown Boeing into crisis over the last five years, admitting that a manufacturing flaw caused a January 5 Alaska Airlines door plug problem.<o:p></o:p></p>

<p class="MsoNormal">Boeing also admitted responsibility for creating a critical software system linked to the 2018 and 2019 crashes in Indonesia and Ethiopia, which killed 346 people in total.<o:p></o:p></p>

<p class="MsoNormal">"I am here in the spirit of transparency and to take responsibility," Calhoun told reporters as he entered the hearing room. At the start of the hearing, he addressed the relatives of the crash victims and stated, "I apologise for the grief that we have caused," adding that the business was "totally committed" to addressing safety problems and calling the families' losses "gut-wrenching."<o:p></o:p></p>

<p class="MsoNormal">Howard McKenzie, Boeing's top engineer, downplayed safety concerns regarding hundreds of mistakenly tightened fasteners on some of the company's 787 jets, revealing that the fasteners were torqued from the incorrect side but claiming that Boeing's initial investigation found them safe.<o:p></o:p></p>

<p class="MsoNormal">Last Monday, Boeing informed the US Justice Department that it had not broken a deferred prosecution agreement that protected the firm from criminal charges related to the incidents. "Boeing needs to stop thinking about the next earnings call and start thinking about the next generation," Blumenthal stated.<o:p></o:p></p>

<p class="MsoNormal">A new whistleblower has come forward in response to a prior whistleblower's testimony in April. Senator Blumenthal stated that Sam Mohawk, a current Boeing quality assurance inspector at the 737 facilities in Renton, Washington, recently testified about a pervasive disdain for potentially defective or unauthorised parts. In June, Mohawk filed a related claim with the Occupational Safety and Health Administration.<o:p></o:p></p>

<p class="MsoNormal">Boeing responded that it is evaluating these concerns, underlining its commitment to ensuring aviation safety and encouraging employee reporting. Since 2019, the company has expanded its quality staff and greatly increased the number of inspections of each aircraft.<o:p></o:p></p>

<p class="MsoNormal">Since a door plug on a 737 MAX 9 blew out in mid-air on January 5, authorities and airlines have increased their scrutiny of Boeing. The National Transportation Safety Board discovered four crucial bolts missing from the Alaska Airlines plane, forcing the Justice Department to launch a criminal inquiry into the tragedy.<o:p></o:p></p>

<p class="MsoNormal">Boeing submitted a quality improvement plan to the FAA on May 30, following 90 days to resolve systemic quality-control deficiencies. The firm has been forbidden from increasing MAX manufacturing until these issues are remedied.<o:p></o:p></p>

<p class="MsoNormal">Boeing's stock closed 1.9 per cent&nbsp;down at $174.99 on Tuesday (June 18).<o:p></o:p></p>

<p class="MsoNormal"><i>(With inputs from Agencies)<o:p></o:p></i></p>


US senators criticised Boeing CEO Dave Calhoun on Tuesday (June 18) for the company's disappointing safety record, overshadowing his apologies to families who lost loved ones in two 737 MAX crashes and accepting responsibility for a January mid-air incident.

US senators criticised Boeing CEO Dave Calhoun on Tuesday (June 18) for the company's disappointing safety record, overshadowing his apologies to families who lost loved ones in two 737 MAX crashes and accepting responsibility for a January mid-air incident. Calhoun was questioned repeatedly by the Senate Permanent Subcommittee on Investigations regarding his remuneration, Boeing's safety culture, and the timing of his planned retirement at the end of the year. "I am proud of every action we have taken," Calhoun said under pointed questioning from Republican Senator Josh Hawley, who demanded to know why Calhoun had not quit immediately and accused him of "strip-mining" Boeing while receiving a multimillion-dollar salary package. Calhoun's total remuneration in 2023 rose to $32.8 million, up 45 per cent from $22.6 million in 2022. Calhoun's first appearance before Congress focused on Boeing's deteriorating safety record and impending retirement amid a management shakeup. Senator Richard Blumenthal, who chairs the subcommittee, termed the hearing a "moment of reckoning" for Boeing, claiming there was sufficient evidence that the US Justice Department should prosecute the firm. "As a former federal prosecutor and state attorney general, I think that the evidence is near-overwhelming to justify that prosecution," Blumenthal stated. Prosecutors have until July 7 to notify a federal judge in Texas about their plans. In May, the Justice Department determined that Boeing had failed to "design, implement, and enforce a compliance and ethics program" as part of a deferred prosecution deal following the tragic crashes. Calhoun accepted responsibility for the mishaps that have thrown Boeing into crisis over the last five years, admitting that a manufacturing flaw caused a January 5 Alaska Airlines door plug problem. Boeing also admitted responsibility for creating a critical software system linked to the 2018 and 2019 crashes in Indonesia and Ethiopia, which killed 346 people in total. "I am here in the spirit of transparency and to take responsibility," Calhoun told reporters as he entered the hearing room. At the start of the hearing, he addressed the relatives of the crash victims and stated, "I apologise for the grief that we have caused," adding that the business was "totally committed" to addressing safety problems and calling the families' losses "gut-wrenching." Howard McKenzie, Boeing's top engineer, downplayed safety concerns regarding hundreds of mistakenly tightened fasteners on some of the company's 787 jets, revealing that the fasteners were torqued from the incorrect side but claiming that Boeing's initial investigation found them safe. Last Monday, Boeing informed the US Justice Department that it had not broken a deferred prosecution agreement that protected the firm from criminal charges related to the incidents. "Boeing needs to stop thinking about the next earnings call and start thinking about the next generation," Blumenthal stated. A new whistleblower has come forward in response to a prior whistleblower's testimony in April. Senator Blumenthal stated that Sam Mohawk, a current Boeing quality assurance inspector at the 737 facilities in Renton, Washington, recently testified about a pervasive disdain for potentially defective or unauthorised parts. In June, Mohawk filed a related claim with the Occupational Safety and Health Administration. Boeing responded that it is evaluating these concerns, underlining its commitment to ensuring aviation safety and encouraging employee reporting. Since 2019, the company has expanded its quality staff and greatly increased the number of inspections of each aircraft. Since a door plug on a 737 MAX 9 blew out in mid-air on January 5, authorities and airlines have increased their scrutiny of Boeing. The National Transportation Safety Board discovered four crucial bolts missing from the Alaska Airlines plane, forcing the Justice Department to launch a criminal inquiry into the tragedy. Boeing submitted a quality improvement plan to the FAA on May 30, following 90 days to resolve systemic quality-control deficiencies. The firm has been forbidden from increasing MAX manufacturing until these issues are remedied. Boeing's stock closed 1.9 per cent down at $174.99 on Tuesday (June 18). (With inputs from Agencies)

US senators criticise Boeing CEO over safety record amid apology for 737 MAX crashes

<p class="MsoNormal">Nvidia has risen to the pinnacle of global market value, dethroning Microsoft, as advanced processors become increasingly important in the competitive quest to control artificial intelligence technologies. On Tuesday, shares of the chipmaker rose 3.5 per cent to $135.58, bringing its market capitalisation to an all-time high of $3.335 trillion.<o:p></o:p></p>

<p class="MsoNormal">This achievement comes just after Nvidia eclipsed Apple, the iPhone powerhouse, to become the world's second most valuable corporation. Microsoft's stock fell 0.45 per cent, bringing its market capitalization to $3.317 trillion. Apple's stock also fell by more than 1 per cent, reducing its market worth to $3.286 trillion.</p>

<p class="MsoNormal"><o:p>To put the chipmaker’s rally into context, the firm’s market value is more than the gross domestic product of India, which is the world’s fifth-largest economy.</o:p></p>

<p class="MsoNormal">Nvidia's spectacular surge in market value over the last year exemplifies Wall Street's passionate confidence in the possibilities of AI technology. This euphoria has driven the S&amp;P 500 and Nasdaq to new highs. However, other investors warn that the enthusiasm may fade if there are signs of a slowdown in AI technology spending.<o:p></o:p></p>

<p class="MsoNormal">"It's Nvidia's market; we're all just trading in it," said Steve Sosnick, Interactive Brokers' chief market strategist.<o:p></o:p></p>

<p class="MsoNormal">According to data from the London Stock Exchange Group (LSEG), Nvidia has emerged as the most traded business on Wall Street by a large margin, with a recent daily turnover of $50 billion, compared to about $10 billion for Apple, Microsoft, and Tesla. The chipmaker currently accounts for nearly 16 per cent of all trade in S&amp;P 500 companies.<o:p></o:p></p>

<p class="MsoNormal">As the race for AI supremacy heats up, Nvidia's dominance and crucial role in the industry illustrate the growing impact of artificial intelligence on the future of technology and investment landscapes.<o:p></o:p></p>

<p class="MsoNormal"><i>(With inputs from Agencies)</i><o:p></o:p></p>


Nvidia has risen to the pinnacle of global market value, dethroning Microsoft, as advanced processors become increasingly important in the competitive quest to control artificial intelligence technologies.

Nvidia has risen to the pinnacle of global market value, dethroning Microsoft, as advanced processors become increasingly important in the competitive quest to control artificial intelligence technologies. On Tuesday, shares of the chipmaker rose 3.5 per cent to $135.58, bringing its market capitalisation to an all-time high of $3.335 trillion. This achievement comes just after Nvidia eclipsed Apple, the iPhone powerhouse, to become the world's second most valuable corporation. Microsoft's stock fell 0.45 per cent, bringing its market capitalization to $3.317 trillion. Apple's stock also fell by more than 1 per cent, reducing its market worth to $3.286 trillion. To put the chipmaker’s rally into context, the firm’s market value is more than the gross domestic product of India, which is the world’s fifth-largest economy. Nvidia's spectacular surge in market value over the last year exemplifies Wall Street's passionate confidence in the possibilities of AI technology. This euphoria has driven the S&P 500 and Nasdaq to new highs. However, other investors warn that the enthusiasm may fade if there are signs of a slowdown in AI technology spending. "It's Nvidia's market; we're all just trading in it," said Steve Sosnick, Interactive Brokers' chief market strategist. According to data from the London Stock Exchange Group (LSEG), Nvidia has emerged as the most traded business on Wall Street by a large margin, with a recent daily turnover of $50 billion, compared to about $10 billion for Apple, Microsoft, and Tesla. The chipmaker currently accounts for nearly 16 per cent of all trade in S&P 500 companies. As the race for AI supremacy heats up, Nvidia's dominance and crucial role in the industry illustrate the growing impact of artificial intelligence on the future of technology and investment landscapes. (With inputs from Agencies)

Nvidia becomes the world's most valuable company, surpassing Microsoft in AI dominance

<p>A number of asteroids, each about the size of an airplane, are expected to make close approaches to Earth this week, NASA said in a statement earlier this week. Among the five asteroids, the largest is estimated to be 110 feet in diameter, while the closest will come within 447,000 miles of our planet.</p>

<h2><strong>What does it mean?</strong></h2>

<p>While it is common for large asteroids to pass by Earth at a safe distance, this week’s cluster is notable for the number of such encounters. Asteroid 2024 LU1, which is about 71 feet in diameter, made its closest approach on Monday (June 17), passing within 1,150,000 miles of Earth.</p>

<p><strong>Also watch |&nbsp;Gravitas | The impact of NASA asteroid deflection</strong></p>

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<p>The next close approach is scheduled for June 19, featuring the largest of the group, which will still be the farthest at a distance of 447,000 miles.</p>

<h2><strong>Which asteroids can be hazardous?</strong></h2>

<p>Asteroids are typically composed of rocky, dusty, and metallic materials. Most asteroids orbit within the main asteroid belt between Mars and Jupiter, but some follow paths that bring them closer to Earth. These near-Earth asteroids are part of a larger category known as near-Earth objects (NEOs), which also includes comets. NEOs are defined as celestial objects that come within 1.3 astronomical units of the Sun, and within 0.3 astronomical units of Earth’s orbit.&nbsp;</p>

<p>0.3 astronomical units is approximately 28 million miles.</p>

<p><strong>Also read |&nbsp;<a href="https://www.wionews.com/science/fastest-spinning-asteroid-recently-hit-earths-atmosphere-and-crashed-in-berlin-716624">Fastest-spinning asteroid recently hit Earth’s atmosphere and crashed in Berlin</a></strong></p>

<p>For an asteroid to be classified as a potentially hazardous asteroid (PHA), it must be at least 140 metres in diameter and come within 7.48 million kilometres of Earth. An asteroid of this size that enters Earth's atmosphere and does not completely burn up could cause significant damage, especially if it were to strike a populated area.</p>

<h2><strong>Difference between asteroids and meteoroids</strong>&nbsp;</h2>

<p>Asteroids are different from meteoroids. The former are smaller Sun-orbiting rocks or particles less than three feet in size. When a meteoroid enters Earth's atmosphere, it creates a light phenomenon known as a meteor. If any part of a meteoroid or asteroid survives the atmospheric entry and lands on Earth's surface, it is called a meteorite.</p>

<p>To monitor and prepare for potential asteroid threats, NASA’s Planetary Defense Coordination Office (PDCO) plays a crucial role. The PDCO is responsible for coordinating efforts and creating plans to protect Earth from the potential impacts of hazardous space objects.</p>


A number of asteroids, each about the size of an airplane, are expected to make close approaches to Earth this week, NASA said in a statement earlier this week. Among the five asteroids, the largest is estimated to be 110 feet in diameter, while the closest will come within 447,000 miles of our planet.

A number of asteroids, each about the size of an airplane, are expected to make close approaches to Earth this week, NASA said in a statement earlier this week. Among the five asteroids, the largest is estimated to be 110 feet in diameter, while the closest will come within 447,000 miles of our planet. What does it mean? While it is common for large asteroids to pass by Earth at a safe distance, this week’s cluster is notable for the number of such encounters. Asteroid 2024 LU1, which is about 71 feet in diameter, made its closest approach on Monday (June 17), passing within 1,150,000 miles of Earth. Also watch | Gravitas | The impact of NASA asteroid deflection × The next close approach is scheduled for June 19, featuring the largest of the group, which will still be the farthest at a distance of 447,000 miles. Which asteroids can be hazardous? Asteroids are typically composed of rocky, dusty, and metallic materials. Most asteroids orbit within the main asteroid belt between Mars and Jupiter, but some follow paths that bring them closer to Earth. These near-Earth asteroids are part of a larger category known as near-Earth objects (NEOs), which also includes comets. NEOs are defined as celestial objects that come within 1.3 astronomical units of the Sun, and within 0.3 astronomical units of Earth’s orbit. 0.3 astronomical units is approximately 28 million miles. Also read | Fastest-spinning asteroid recently hit Earth’s atmosphere and crashed in Berlin For an asteroid to be classified as a potentially hazardous asteroid (PHA), it must be at least 140 metres in diameter and come within 7.48 million kilometres of Earth. An asteroid of this size that enters Earth's atmosphere and does not completely burn up could cause significant damage, especially if it were to strike a populated area. Difference between asteroids and meteoroids Asteroids are different from meteoroids. The former are smaller Sun-orbiting rocks or particles less than three feet in size. When a meteoroid enters Earth's atmosphere, it creates a light phenomenon known as a meteor. If any part of a meteoroid or asteroid survives the atmospheric entry and lands on Earth's surface, it is called a meteorite. To monitor and prepare for potential asteroid threats, NASA’s Planetary Defense Coordination Office (PDCO) plays a crucial role. The PDCO is responsible for coordinating efforts and creating plans to protect Earth from the potential impacts of hazardous space objects.

Asteroid alert! Several plane-sized objects hurtling towards Earth this week

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