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Yearly Archives :

2026

7/3: CBS Evening News

7/3: CBS Evening News 150 150 admin

Nearly 200 million Americans are under heat alerts; a string of shark attacks hits the East Coast.
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As World Cup fever grips Brazil, scrutiny mounts over its sports betting industry

As World Cup fever grips Brazil, scrutiny mounts over its sports betting industry 150 150 admin

RIO DE JANEIRO (AP) — When World Cup season descends upon soccer-mad Brazil, green and yellow banners decorate restaurants, bars and apartment buildings, streets are painted with flags and soccer balls, and discussions of the beloved national team’s games are ubiquitous.

But this year, another topic has taken center stage: the prevalence of ads for bets on the games, even as the country grapples with a surge in gambling which leaves some with crippling debt and has led to the number of people seeking care for addiction more than doubling in the past five years, according to Brazil’s health ministry.

Since the FIFA World Cup began, the percentage of Brazilians placing bets has more than tripled, rising from 11% in May before the tournament kicked off to around 35% at the end of June, said Brazilian fintech company Klavi in a study based on a sample of 1.2 million people.

Advertisements extending beyond traditional commercial breaks to include live presenter endorsements and real-time odds promotions have sparked a fresh wave of indignation, with politicians across the political spectrum calling for tighter controls.

When sports betting was made legal in 2018, rampant advertising and sponsorship coupled with an unregulated market resulted in a turmoil that prompted the government to usher in new regulations in 2023. Earlier this week Brazil’s Finance Minister Dario Durigan said the government would announce new measures to increase regulation.

In a statement to The Associated Press on Thursday, Brazil’s Finance Ministry said it had asked two media outlets and four betting operators to provide explanations regarding content that may have breached laws. Authorities also ordered the immediate suspension of any advertisements found to be in violation of the current regulations, the ministry added.

Brazil has become the third-biggest market in the world for sports betting, following the U.S. and the U.K., a report by data analysis company Comscore said in 2023.

Betting and gambling are estimated to cost Brazilian society 38.8 billion reais ($7 billion) annually and increase suicide and depression, according to a 2025 study by the non-profit Institute of Studies for Health Policies.

“We are witnessing a humanitarian tragedy unfolding in Brazil,” said Sen. Eduardo Girão during a public hearing on the problem at the Senate on Thursday. The issue has prompted musicians such as Gilberto Gil and Caetano Veloso to participate in a campaign demanding stricter laws.

Michael Marcos, a 22-year-old transport inspector from Brazil’s northeastern state of Alagoas, is among those who suffered from anxiety due to betting last year. He decided to take a six-month break, before picking the habit up again during the World Cup.

“Watching Brazil play is already an emotional experience. But if I bet 1000 reais ($200) on them, the emotion will be even greater because there’s an accompanying tension to do with whether I’m going to win or lose money,” he said.

To limit the impact on his mental health, Marcos is only betting on teams — such as France — he thinks are very likely to win. So far, he says his strategy has worked out for him. Nonetheless, he plans on stopping at the end of the tournament.

CazéTV, a streaming platform on YouTube and the only channel with rights to all 104 games in Brazil, has faced particular scrutiny.

The platform has featured traditional adverts for bets, but CazéTV’s commentators have also promoted betting during the games, blending advertising with commentary of the action on the pitch.

“Betting is intended for people aged 18 and over. But when it is embedded in content (…) anyone can be exposed to it, including children, teenagers, and other vulnerable groups. The exposure becomes indiscriminate,” said Carolina Terra, a professor at the University of Sao Paulo’s communications and arts school.

Brazil’s National Consumer Secretariat, a branch of the Justice Ministry, opened an investigation into possible irregularities during CazéTV’s broadcasts of the World Cup on June 24.

Shortly afterwards, the country’s advertising self-regulator opened three proceedings regarding betting offers read aloud by presenters and commentators. It then recommended suspending the ads.

In a statement, CazéTV said that it would adopt a more specific and conservative approach to betting brand integrations and follow a more traditional advertising format, adding that its advertising complies with Brazilian legislation.

Gustavo Freitas, a 34-year-old who works in advertising, said he has bet around $200 since the World Cup began, a ten-fold increase from what he normally bets during a month.

Freitas said he doesn’t see it as a form of income, but as a pastime.

“No one believes they’re going to become rich playing videogames on weekends. It’s the same for betting,” he said. “The problem is thinking that you’re going to find the perfect formula and forgetting the old saying (…): the bank always wins.”

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Follow AP’s coverage of Latin America and the Caribbean at https://apnews.com/hub/latin-america

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Taylor Swift and Travis Kelce married in ceremony officiated by Adam Sandler

Taylor Swift and Travis Kelce married in ceremony officiated by Adam Sandler 150 150 admin

Taylor Swift and Travis Kelce were married as they celebrated their wedding with hundreds of guests Friday at Madison Square Garden in New York City.
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China’s Chery takes over former Nissan car factory in South Africa

China’s Chery takes over former Nissan car factory in South Africa 150 150 admin

By Nqobile Dludla

JOHANNESBURG, July 3 (Reuters) – China’s Chery formally took over Nissan’s car manufacturing plant in Rosslyn on Friday under a deal that was announced in January, and executives said the company will spend millions of dollars upgrading and adding machinery ahead of starting vehicle production in South Africa in mid-2027.

Chery said in a statement it wants to establish South Africa as its African hub for manufacturing, exports, research and development, and regional operations.

Chery, China’s largest car exporter, has committed to retaining all 692 existing employees at the plant and Zhang said the project would create nearly 3,000 direct and indirect jobs across manufacturing, supply chains and related services.

“Our long-term goal is to turn the Rosslyn plant into a complete auto center with research and development, supply chain operations, and training, supporting Chery’s expanding presence and the goal of exceeding 100,000 annual vehicle sales in South Africa,” Vice President Charlie Zhang of Chery Auto said during a ceremony at the former Nissan facility. It was attended by executives, government officials and industry stakeholders.

Chinese automakers, faced with mounting competition and excess capacity in their domestic market, have been accelerating overseas expansion in search of growth, increasing their manufacturing and sales footprints globally.

Chery will use the factory to initially produce the Jetour T series, which includes T1, Jaecoo J5 and Chery Tiggo 4 sport utility vehicles (SUV). The Jaecoo J5 will be in both internal combustion engine (ICE) and new energy vehicle (NEV) versions.

Zhang told reporters that Chery will invest millions of dollars, but did not specify an amount, to upgrade facilities and utilities at the plant before starting production. During the ramp-up phase in the third and fourth quarters of 2027, the company expects to produce 15,000 vehicles.

The Chinese carmaker has launched a programme aimed at moving towards 40% local content in the initial stage and is surveying tier-1 suppliers.

Chery also plans to bring in suppliers from China, especially for electric and intelligent vehicle components, Chery Auto Executive Vice President Zhang Guibing told reporters.

(Reporting by Nqobile Dludla; Editing by David Gregorio)

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3 children dead after boat capsizes on Geneva Lake during severe storm

3 children dead after boat capsizes on Geneva Lake during severe storm 150 150 admin

Three children died on Geneva Lake in Wisconsin after a boat capsized during a severe storm Friday, Lake Geneva police said.
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Brazil’s Bolsonaro to remain under house arrest

Brazil’s Bolsonaro to remain under house arrest 150 150 admin

BRASILIA, July 3 (Reuters) – Brazil’s Supreme Court Justice Alexandre de Moraes has ruled that former Brazilian President Jair Bolsonaro can remain under house arrest due to health concerns, a court decision showed on Friday.

Bolsonaro, 71, has been serving a 27-year prison sentence since November for plotting a coup after losing the 2022 election to President Luiz Inacio Lula da Silva.

The defense successfully sought to keep the former president under house arrest, arguing that Bolsonaro would receive better medical care at home given his health problems. The former president, who was stabbed on the campaign trail in 2018, has faced major health issues in recent years.

“At this time, the continuation of humanitarian house arrest appears reasonable, appropriate and proportionate,” Moraes said in the decision, noting Bolsonaro has shown health improvement serving the sentence at home.

In March, Moraes granted the former president permission to serve 90 days under house arrest on medical grounds after he was hospitalized with an acute form of pneumonia. 

The new ruling is a relief for Bolsonaro and follows an incident in which a firearm owned by the former president was seized from a member of his security detail during a police checkpoint last month.

Earlier this week, Prosecutor General Paulo Gonet, in an opinion requested by Moraes, recommended keeping the former president under house arrest despite the firearm incident.

Moraes agreed, saying there was no proof of “serious misconduct” by Bolsonaro during the initial house-arrest period.

(Reporting by Ricardo Brito in Brasilia; Writing by Isabel Teles and Andre Romani; Editing by Brendan O’Boyle)

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Taylor Swift and Travis Kelce officially married

Taylor Swift and Travis Kelce officially married 150 150 admin

Taylor Swift and Travis Kelce are officially married, according to Swift’s publicist. Jo Ling Kent reports.
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Multiple shark attacks, sightings at U.S beaches during 4th of July weekend

Multiple shark attacks, sightings at U.S beaches during 4th of July weekend 150 150 admin

Many hit the beach in hopes of cooling off on this holiday Friday, but more bodies near the water mean a greater risk of shark attacks. Lana Zak reports.
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US equity funds draw inflows as tech buying resumes

US equity funds draw inflows as tech buying resumes 150 150 admin

July 3 (Reuters) – U.S. equity funds saw renewed inflows in the week to July 1 as easing U.S.-Iran tensions and renewed demand for technology stocks lifted sentiment, though caution ahead of a closely watched payrolls report capped purchases.

Investors bought a net $1.03 billion of U.S. equity funds, partially reversing the previous week’s $3.47 billion in net sales, LSEG Lipper data showed.

A softer than expected June employment report, showing the economy added just 57,000 jobs last month, reduced expectations of a Federal Reserve rate hike by year-end.

Technology sector funds attracted $3.42 billion as sentiment improved following net sales of $19.97 billion the previous week. Financial and healthcare funds also drew inflows of $1.96 billion and $1.47 billion, respectively.

U.S. small-cap, mid-cap and equity income funds, however, posted outflows of $694 million, $2.1 billion and $1.33 billion, respectively. Large-cap funds drew $7.2 billion in weekly inflows.

U.S. bond funds attracted a net $9.88 billion, extending their buying streak to an 11th straight week.

Short-to-intermediate investment-grade funds and general domestic taxable fixed income funds saw notable inflows of $4.22 billion and $3.53 billion, respectively. Short-to-intermediate government and Treasury funds, however, had $2.1 billion in outflows.

Investors also allocated $47.82 billion to money market funds, the largest amount in four weeks.

(Reporting by Gaurav Dogra; Editing by Jan Harvey)

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Mission launched to rescue a falling space telescope

Mission launched to rescue a falling space telescope 150 150 admin

Katalyst Space’s LINK spacecraft is designed to capture and boost NASA’s Swift observatory back to a safe altitude.
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