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Mathew Owens, a British physicist and professor of space physics at the University of Reading,has warned that aonce-in-century solar storm could fry power grids and knock out satellites.

The sun’s activity is currently growing and scientists are particularly concerned about the ongoing solar cycle. It is already more active than the previous cycle, which means the sun could become more active than it has been in the past two decades.

The current solar cycle is already wreaking havoc, with powerful solar flares causing radio blackouts that disrupt long-haul flights. Elon Musk’s SpaceX also lost 40 Starlink satellites as a solar storm caused the atmosphere to expand, increasing the drag for the satellites and causing them to burn up. (Related: Lost in space: Solar storm destroys 38 Starlink satellites, costing Elon Musk’s company tens of millions in losses.)

“We’ve gotten several solar storm warnings over the past decade. With constant news that the power grid is overwhelmed, at some point, we could actually see it go down,” saidDr. Daniel Verscharen, an associate professor of Space and Climate Physics at theUniversity College London.

“The much stronger events don’t happen every cycle.But during a maximum of a strong cycle like the one that is coming, it’s more likely to get some of those events that cause power outages here on Earth.” Things to do before the next blackout

Here are some steps to take to prepare for power grid disruption: Build your survival stockpile

Grow your own food and medicine by creating a sustainable survival garden.

Store the following: Water. You can store emergency water in your vehicle in soft-sided insulated containers; coolers or water jugs; 55-gallon drums or large PVC pipes capped at both ends that you can store underground; or large steel tanks that absorb heat from the sun above ground. (Related: Long-term water storage: Tips for stockpiling water in 55-gallon drums in your garage.) Healthy shelf-stable foods that you and your family eat in daily life (and will like to eat in times of crisis situations), including whole grains; canned/preserved fruits, vegetables, meat, fish and poultry; nuts and seeds; and beans and legumes. (Related: 10 hardy vegetables you can stockpile for at least a year, even without refrigeration.) Storable staple foods, including salt, honey, apple cider vinegar, baking soda, coconut oil, herbs and spices. Special “survival food” that you don’t tear open until an emergency, such as MRE (meals, ready-to-eat) rations. First aid medical supplies, including prescription medicines required by members of your family, over-the-counter must-have medications, sanitizers, antibacterial substances and medical supplies. Have battery backups for medical equipment if someone in your family relies on a medical device. Research what battery backups are available. Cash. You would be wise to have an emergency fund at your home at least $1,000 in a variety of $20, $10, $5 and $1 bills would be smart. Barter items. Keep in mind that cash could potentially become useless too and bartering could take the place of cash in a long enough blackout. For this reason, consider building up a stash of barter items that you can exchange for your specific needs. Items and tools that do not run on electricity, such as kitchen tools (manual can openers, hand-cranked grain grinder), general handyman tools (hand drills, hand saws) and gardening tools. Create “lights-out” boxes or power outage kits

These are portable boxes or containers, plastic totes and/or large duffel bags the first things you look for in the event of a blackout or a power outage.

Some items to place in your “lights-out” boxes or power outage kits are flashlights, headlamps and/or glow sticks for each member of the family, rechargeable batteries, battery testers, multiple-source chargers, first-aid kits, candles, matches, lighters and other fire-starters, extension cords, etc.

Make sure everyone in the family knows the location of the box so that it is easy to retrieve during a blackout. Purchase a hand-cranked weather/emergency radio

Hand crank radios are considered an emergency kit essential by emergency authorities. The best emergency crank radios provide NOAA weather alerts, sustainable power and light. In an age where people are virtually helpless without cell phones and the internet, these radios can be a beacon of hope when you need them most.

Invest in a portable generator

A portable generator may be a wise investment, especially if you live in an area that is increasingly affected by severe weather-related events. Depending on the size and type you get, you may be able to keep your lights on and your appliances running for several hours to several days.

Most models are gasoline-powered and need to operate well away from your home due to dangerous fumes. Some options are battery-operated. Plan “unplugged” activities

Reliance on electronics for entertainment can make boredom a big problem for all ages during power outages. “Unplugged” activities include playing card games and board games; solving jigsaw and word puzzles; and reading books. Keep your car’s tank at least half full

Keep in mind that gas stations need electricity to power their pumps. Purchase power inverters for your vehicle

Power inverters are devices that convert the direct current (DC) from your car or truck into alternating current (AC) that can power some of your devices and appliances. Develop a survival mindset

Focuson ensuring that you and your loved ones will be safe when the grid goes down. Be prepared to endure hardships andbe self-reliant. (Related: Ways to develop mental toughness and a survivor mindset when SHTF.)

Visit Preparedness.news for more stories like this.

Watch this video that talks about the rare solar storm that can destroy power grids.

This video is from the Daily Videos channel on Brighteon.com. More related stories:

Earth just dodged a potentially apocalyptic-level solar storm are we safe?

NASA can only give a warning 30 minutes before a killer solar storm, so PREPARE before SHTF.

GPS-dependent America is one solar storm away from collapse.

LIGHTS OUT: 20 Things you need to do during a power outage.

Sources include:

BusinessInsider.com

UrbanSurvivalSite.com 1

UrbanSurvivalSite.com 2

UrbanSurvivalSite.com 3

Amazon.com

Brighteon.com
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Sports

The lesson of Pete Rose and ‘Shoeless’ Joe? History is messy.

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The lesson of Pete Rose and 'Shoeless' Joe? History is messy.

Now that Major League Baseball commissioner Rob Manfred has removed Pete Rose, “Shoeless” Joe Jackson and other deceased players from the game’s “permanently ineligible list,” whatever former stars deemed deserving based on their on-field accomplishments should, at first opportunity, be inducted into the Hall of Fame.

In a bombshell, if long overdue, reversal of policy, first reported by ESPN’s Don Van Natta Jr. on Tuesday, Manfred removed bans for Rose (who bet on games while managing the Cincinnati Reds) and members of the 1919 Chicago White Sox (who fixed the World Series), among others.

After all, banishment was meaningless once they all had died — a life sentence, if you will, for whatever their transgression. Most died decades ago and were on the list for gambling-related offenses.

“Obviously, a person no longer with us cannot represent a threat to the integrity of the game,” Manfred wrote in a letter to the attorney who petitioned for Rose.

The only remaining purpose of the ban was to keep them from the immortality of being inducted into Cooperstown, which bills itself officially as the “National Baseball Hall of Fame and Museum.”

The last word is the most important.

Museums exist to tell about history, and history is always messy — including in sports. They shouldn’t be solely designed for the sanitized, establishment-approved version of events, or allow outside considerations to overshadow actual accomplishments. They certainly shouldn’t serve as part of some carrot-and-stick approach to desired behavior.

Should Rose and the others have done what they did? Of course not. Should they have been subject to any potential criminal or civil recourse for their actions? Absolutely. Was MLB within its rights to suspend or punish them in other ways? Definitely.

Rose, for example, should never have been allowed to work in baseball again after it was determined he bet on the Reds to win games while he was the manager.

But that doesn’t mean his record 4,256 hits, his three World Series titles, his MVP award (1973), his 17 All-Star appearances (including when he barreled over catcher Ray Fosse in the 1970 game), his “Charlie Hustle” nickname, or that epic head-first slide — shown so many times on “This Week in Baseball” that a generation of kids either crushed their chests or chipped their teeth trying to emulate it — didn’t occur.

So did his gambling scandal, a 1990 guilty plea for filing false tax returns that cost him five months in a federal prison and a 2017 sworn statement from a woman that he had committed statutory rape back in the 1970s, an allegation for which he was never criminally charged. Throughout his life, he could be indefensibly crude, difficult and confrontational.

It’s all part of the story of Pete Rose.

So let him in, then tell the good, the bad and the ugly so the public can decide what to think. This is the Baseball Hall of Fame, not the pearly gates. It’s about a nice day in central New York State with your family, complete with a gift shop.

If the museum is there to tell the history of the sport, well, how do you do it without Pete Rose? If Hall of Fame induction is reserved for the greatest players, then how could Rose not be among them? His foolishness as a manager shouldn’t have eclipsed his impact as a player.

This is where baseball’s policy was always wrong. It used the prospect of barred entry to the Hall as a deterrence. That isn’t what a museum should be about. The risk of criminal charges, lost wages from suspension and general shame should be enough. If it isn’t, so be it.

Manfred isn’t ready to release those still living from the ineligible list. He’s clinging to the concept of scaring current players straight. “It is hard to conceive of a penalty that has more deterrent effect than one that lasts a lifetime with no reprieve,” he wrote in the letter.

Perhaps, but should that be the point?

The Hall is already filled with assorted louts, drunks and racists who just happened to be able to either hit or throw a baseball really well. So what? Their personal disgrace is part of their history.

In fairness, their personal failings didn’t affect baseball the way Rose might have as a managerial gambler, and certainly not as the Black Sox did back in the day.

Still, there are owners and commissioners in the Hall who worked for decades to stop baseball from racial integration. That’s a far more widespread impact on the integrity of the game than betting on your team to beat the Dodgers.

Yes, sports wagering is always a concern and was once a major taboo. But public opinion and business realities changed. There are sportsbooks inside MLB stadiums these days, including, for a stretch, with Rose’s old team in Cincinnati.

History is history. The game is the game. The museum is the museum. Tell the story, the whole story, with all the best players and best teams and best tales, no matter how colorful, criminal or regrettable.

America can handle it. Our real national pastime is scandal, after all.

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Business

Burberry to cut 1,700 jobs after multi-million pound loss

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Burberry to cut 1,700 jobs after multi-million pound loss

Burberry, the UK’s only global luxury brand, is to cut around 1,700 jobs worldwide over the next two years after reporting a steep financial loss.

The company lost £66m in pre-tax profit in the year ended in March as luxury goods sales fell across the world and the company weathered an “uncertain” environment and a “difficult macroeconomic backdrop”.

A year earlier, it recorded £383m in profit.

Money blog: £30 broadband rule explained

It’s suffered in recent years with the share price falling to such an extent the business was removed from the FTSE 100, the index of most valuable companies listed on the London Stock Exchange.

Despite the financial performance, the company was upbeat, with chief executive Joshua Schulman saying “I am more optimistic than ever that Burberry’s best days are ahead and that we will deliver sustainable profitable growth over time”.

What cuts are being made?

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The retailer did not specify any shop closures – in the past year, it closed 26 and also opened 26 stores – but did highlight shift cuts and consolidations.

“We don’t have a store closing programme, per see,” Mr Schulman told investors

The night shift at Burberry’s Castleford factory will be cut, it proposed, saying the shift has resulted in overproduction.

“Significant” investment in the facility will be made, however, as the ambition is to scale up British production “over time”, Mr Schulman said.

Changes to the retail network across the world will be made with shop staff being scheduled around “peak traffic”.

Burberry will be “realigning” shop staff, he said, “so that we can offer the best service” at the busiest times.

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There will also be a “simplification” of Burberry’s regional structure and a “rebalancing” of central and regional responsibilities to reduce duplication and “accelerate decision making” through the retail network.

But the majority of changes will be made to “office space teams” around the world, the CEO said.

Commercial and creative teams have already been consolidated, Burberry’s annual results said.

What’s gone wrong?

Aside from the global slowdown in luxury goods sales over recession fears, additional headwinds have come in the form of President Trump’s tariffs.

“Clearly, the external environment has become more challenging since mid-February”, Mr Schulman told investors.

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Trump’s tariffs: What you need to know

Tariff risks were higher than first planned, the annual results said.

It led the US market to be described by Mr Schulman as “choppy” since February when Mr Trump began announcing tariffs on Mexico, Canada and China, as well as on goods such as steel and cars.

Sales also fell in the Asia Pacific region by 16%, the results showed.

Criticism was levelled at the 2021 British government decision to withdraw VAT refunds for overseas visitors, “which has made the UK the least competitive destination in Europe for tourist shopping”, the results read.

“Business in our UK home market continues to be seriously impacted” by the move.

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Politics

Bitcoin more of a ‘diversifier’ than safe-haven asset: Report

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Bitcoin more of a ‘diversifier’ than safe-haven asset: Report

Bitcoin more of a ‘diversifier’ than safe-haven asset: Report

Bitcoin’s fluctuating correlation with US equities is raising questions about its role as a global safe-haven asset during periods of financial stress.

Bitcoin (BTC) exhibited a strong negative correlation with the US stock market when analyzing the short-term, seven-day trailing correlation, according to new research from blockchain data provider RedStone Oracles, shared exclusively with Cointelegraph.

Bitcoin more of a ‘diversifier’ than safe-haven asset: Report
Bitcoin, S&P 500, 7-day rolling correlation. Source: Redstone Oracles

However, RedStone said that the 30-day indicator signals a “variable correlation” between Bitcoin price and the S&P 500 index, with the correlation coefficient ranging from -0.2 to 0.4.

This fluctuating correlation suggests that Bitcoin “doesn’t consistently function as a true hedge for equities” due to its lack of a strong negative correlation below -0.3, which is needed for “reliable counter movement during market stress,” the report said.

Bitcoin more of a ‘diversifier’ than safe-haven asset: Report
Bitcoin, S&P 500, 30-day rolling correlation, 1-year chart. Source: Redstone Oracles

Related: $1B Bitcoin exits Coinbase in a day as analysts warn of supply shock

The research suggests that while Bitcoin may not be a dependable hedge against stock market declines, it offers value as a portfolio diversifier.

This fluctuating dynamic signals that Bitcoin often moves independently from other assets, potentially offering additional returns while other assets are struggling. Still, Bitcoin has yet to mirror the safe-haven dynamics of gold and government bonds, RedStone suggests.

Related: Nasdaq-listed GDC plans to buy Bitcoin and TRUMP memecoin for $300M

Bitcoin needs to “mature” before decoupling from stock market

While Bitcoin is poised to grow into a safe-haven asset in the future, the world’s first cryptocurrency still needs to “mature” as a global asset, according to Marcin Kazmierczak, co-founder and chief operating officer at RedStone.

“Bitcoin still needs to mature before decoupling from stock markets,” Kazmierczak told Cointelegraph, adding:

“Increased institutional adoption will absolutely help — we’re already seeing this effect with corporate treasury investments reducing Bitcoin’s 30-day volatility and with BlackRock repetitively praising BTC as an asset in a portfolio.”

Meanwhile, Bitcoin will see growing recognition as a portfolio diversifier, with an annualized return of over 230% for the past five years, which “significantly outperformed” both stocks and traditional safe-haven assets, Kazmierczak said, adding that “even a small 1–5% Bitcoin allocation can meaningfully enhance a portfolio’s risk-adjusted returns.”

Bitcoin more of a ‘diversifier’ than safe-haven asset: Report
Source: Vetle Lunde

Meanwhile, Bitcoin’s declining volatility supports BTC’s growing maturity as a global financial asset. Bitcoin’s weekly volatility hit a 563-day low on April 30, a development that may signal more stable price action.

Bitcoin’s price volatility fell below the realized volatility of the S&P 500 and the Nasdaq 100, signaling that investors are increasingly treating Bitcoin as a long-term investment vehicle, Cointelegraph reported on May 13.

Magazine: Uni students crypto ‘grooming’ scandal, 67K scammed by fake women: Asia Express

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