Taxpayers will pay for damages because federal agencies rarely carry insurance, industry and policy sources said. “Taxpayers will be on the hook for repairs to the Capitol,” said Stephen Ellis, president of Taxpayers for Common Sense, a U.S. budget watchdog group.

In terms of repair and cleanup expenses, the federal government has long considered insurance not worth the expense.

Tokyo Olympics “Safe And Secure” despite Coronavirus emergency: Organiser

Jan 8, 2021

Prime Minister Yoshihide Suga said Thursday that Japan is committed to holding a “safe and secure” Olympics, and that he believes the public mood will change when the country begins vaccinations, currently scheduled for late next month.

But International Olympic Committee member Dick Pound told the BBC that he could not “be certain” the Games will go ahead, because “the ongoing elephant in the room would be the surges in the virus”.

World’s worst internet shutdowns cost India $2.8 Billion in 2020

Jan 8, 2021

The cost of internet blackouts were calculated using indicators from groups including the World Bank, International Telecommunication Union, and the Delhi-based Software Freedom Law Center. It includes social media shutdowns in its calculations.

Elon Musk surpasses Amazon’s Jeff Bezos as world’s richest person

Jan 8, 2021

The milestone caps an extraordinary 12 months for Musk. Over the past year his net worth soared by more than $150 billion in possibly the fastest bout of wealth creation in history. Fueling his rise was an unprecedented rally in Tesla’s share price, which surged 743% last year on the back of consistent profits, inclusion in the S&P 500 Index and enthusiasm from Wall Street and retail investors alike.
The world’s 500 richest people added a record $1.8 trillion to their combined net worth last year, equivalent to a 31% increase. The gains were disproportionately at the top, where five individuals hold fortunes in excess of $100 billion and another 20 are worth at least $50 billion.

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