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October 15, 2024

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Good morning and welcome to this week’s Flight Path. Equities saw the “Go” trend not just survive but stay strong this week as the indicator painted a week of uninterrupted bright blue bars. Treasury bond prices stayed in a strong “NoGo” trend this week with consecutive purple bars. The U.S. commodity index is seeing its “Go” trend strengthen with a strong blue bar and the dollar seems set in its “Go” trend as well.

$SPY Able to Set New Higher High

The GoNoGo chart below shows that resurgent strength has pushed price to new highs on strong blue “Go” bars. This came after GoNoGo Oscillator found support twice in quick succession at the zero line. This caused the chart to show multiple Go Trend Continuation Icons and that new momentum in the direction of the trend was enough to push price higher.

The longer time frame chart shows us that GoNoGo Trend painted another strong blue “Go” bar this past week and we see another higher close on this weekly chart. We are now in a period of consecutive strong blue bars as the trend continues higher. Having taken out the prior high we turn our eye to the oscillator panel where we see that momentum is in positive territory but not yet overbought.

New “Go” Trend Strengthens in Yields

Treasury bond yields are in a “Go” trend now that has seen the indicator move through aqua bars to stronger blue “Go” colors. This comes as price closes in on some potential resistance from previous lows in the last “NoGo” trend. GoNoGo Oscillator is coming out of overbought territory and so we see a Go Countertrend Correction Icon warning us that price may struggle to go higher in the short term. We will then watch to see what happens should the oscillator close in on the zero line.

The Dollar Races Higher in New “Go” Trend

Price continued to climb this week as it raced through aqua bars and into bright blue “Go” colors. As GoNoGo Oscillator fell from overbought levels, we see that there is a Go Countertrend Correction Icon that indicates price may struggle to go higher in the short term and we will watch to see if it can consolidate at these elevated levels without falling too much from the high.

It’s time to put Semiconductors in the spotlight. NVDA is starting to trade at all-time highs again and that is likely to bring the Semiconductor industry group up to its own all-time highs. Erin discusses Semiconductors “under the hood” and highlights the NVDA chart.

Carl brings his unique analysis of the market and key areas of the market like Bitcoin and Gold. The Dollar is also in the spotlight with its move ever higher.

A look at the Magnificent Seven rounds out Carl’s presentation.

Erin covers Sector Rotation in detail. Which sectors are poised to go higher and which sectors are already cooking. She highlights one sector that you shouldn’t count out right now.

The pair finish with a look at viewer symbol requests and answer questions on yields.

01:01 DP Signal Tables

04:25 Market Analysis and Overview

14:32 Magnificent Seven

20:00 Sector Rotation

26:48 Semiconductors & NVIDIA (NVDA)

31:20 Questions

36:23 Symbol Requests

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Technical Analysis is a windsock, not a crystal ball. –Carl Swenlin


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Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional. Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.

DecisionPoint is not a registered investment advisor. Investment and trading decisions are solely your responsibility. DecisionPoint newsletters, blogs or website materials should NOT be interpreted as a recommendation or solicitation to buy or sell any security or to take any specific action.


Helpful DecisionPoint Links:

Trend Models

Price Momentum Oscillator (PMO)

On Balance Volume

Swenlin Trading Oscillators (STO-B and STO-V)

ITBM and ITVM

SCTR Ranking

Bear Market Rules


Which market sentiment indicators should we follow to validate the current bull market phase and anticipate a potential market top? David Keller, CMT breaks down three sentiment indicators he’s watching in October 2024, explains their calculations and methodology, reviews their signals during previous bull market cycles, and describes a “market top playbook” for market sentiment.

This video originally premiered on October 14, 2024. Watch on our dedicated David Keller page on StockCharts TV!

Previously recorded videos from Dave are available at this link.

When Wall Street rings its opening bell, there are two things you need to do to start your day:

  1. Get the big picture on what’s happening in the markets.
  2. Spot the market opportunities, especially the ones that aren’t apparent.

There are plenty of ways to get your market updates. The slowest way would be to tune into financial news, scroll through headlines, and read all the articles. Now, you may end up doing that anyway; it’s always a temptation. But why not start your day with a fast scan? This is what StockCharts’ MarketCarpets was designed to do.

Get the Big Story

It’s Monday morning, and the S&P 500 ($SPX) continues to drive into record-high territory.

Log onto your StockCharts account and, from Your Dashboard:

  • Click Charts & Tools > MarketCarpets
  • Select S&P 500 from the Select Group dropdown, Performance from the Measurement dropdown, and 1D Change from the Color By dropdown.

Below is a more comprehensive snapshot of what’s happening from a price-performance viewpoint.

FIGURE 1. MARKETCARPETS SNAPSHOT OF THE S&P 500. This view is measured by market performance.Image source: StockCharts.com. For educational purposes.

What’s this telling you? Technology stocks are driving up the S&P 500, with Nvidia (NVDA), Qualcomm (QCOM), Applied Materials (AMAT), and Adobe (ADBE) among the bigger players leading the way. You can also view this on the summary on the right side of the carpet view.

The sectors from the middle to the right also show a lot of red, with stocks declining. Health Care, Consumer Discretionary, Industrials, Consumer Staples, Materials, and especially Energy are having a rough start early in the day. This gives you the real-time performance of the stocks in the index.

But which stocks might be strengthening or weakening from a technical perspective? This is something that a snapshot of price will not immediately tell you. So, let’s switch over to the StockChartsTechnicalRank (SCTR) measurement to find out. 

Select SCTR from the Measurements dropdown. Below is a snapshot of the MarketCarpet measured by SCTR colored by 1D change.

FIGURE 2. SNAPSHOT OF THE S&P 500 MEASURED BY SCTR. This view shows a different performance perspective of stocks in the S&P 500.Image source: StockCharts.com. For educational purposes.


StockCharts Tip: To see which stocks have high and low SCTR values at a specific time, select Latest Value from the Color By dropdown menu.


 So, what is this telling you, in contrast to the previous view? First, it tells you that many stocks within each S&P sector are technically weakening. Second, it calls your attention to certain stocks that might be technically strengthening or weakening regardless of their intraday performance.

QCOM showed dark green on both carpets, indicating strong performance and increasing SCTR score. Let’s zoom in on a daily chart of QCOM.

FIGURE 3. DAILY CHART OF QCOM. Is the stock on the verge of a breakout?Chart source: StockCharts.com. For educational purposes.

  • QCOM looks like it’s on the verge of breaking out from an ascending triangle pattern, which, as you know, is bullish.
  • But it also shows a slight bearish divergence in momentum as buying pressure, according to the Chaikin Money Flow, is dwindling.
  • While the SCTR line (above the chart) is improving, it’s also fluctuated within a range over the last two months.
  • Overall, you’ll want to see what happens after the breakout if or when it comes.

Now, let’s look at a daily chart of AMAT, which also showed a positive intraday performance on MarketCarpets, but a more lukewarm performance on the SCTR view.

FIGURE 4. DAILY CHART OF AMAT. Note the difference between AMAT’s and QCOM’s charts despite similar performances and SCTR readings.Chart source: StockCharts.com. For educational purposes.

AMAT’s SCTR score on MarketCarpets may not be anywhere near its one-day performance by price, but it may be enough to call your attention to do a deeper dive. In contrast to QCOM, AMAT’s SCTR line is rising (as shown in the panel above the chart). AMAT is also on the verge of a breakout. 

Unlike the QCOM example, however, AMAT double-bottomed (see blue circles). At the same time, its momentum on the CMF shows an overwhelming bullish divergence (see black arrows) while buying pressure (see blue rectangle) is in the green.

What You Can Do Now (Action Points)

What you saw was just a quick and dirty overview of what you can do as part of your morning scanning routine using MarketCarpets. Try these:

  • Add stocks that pique your interest to a ChartList using this method.
  • Scan other indexes, such as the Dow Industrials and Nasdaq 100, for a broader market overview; other opportunities might be hidden in other market areas.
  • Scan sectors and look at their seasonality profiles to understand which stocks may be ramping up this time of year.
  • Toggle between lookback periods to distinguish sudden changes from those that are slowly developing.
  • Change measurements to the various available indicators, such as the Relative Strength Index (RSI), Bollinger Bands, Full Stochastics, and more, especially if you use any of these indicators for your charting.

Here’s the main point: It’s about getting a fast, comprehensive. and multi-angled overview. The more you can see—quickly and efficiently—the more opportunities you can find with greater ease and without wasting time.

At the Close

MarketCarpets is your go-to for a fast, no-nonsense market scan. It helps you quickly analyze market trends and spot hidden opportunities by toggling between performance and other technical indicators like SCTR. This allows you to identify which stocks are heating up (or cooling down) without wasting time on endless headlines. Add this to your morning routine and seize opportunities quicker than ever.



Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation or without consulting a financial professional.

International Graphite Limited (ASX: IG6)(ASX: IG6)is pleased to announce outstanding results from bench scale micronising, spheroidising and purification testwork on graphite concentrates generated from the Company’s Springdale Graphite Project, in Western Australia.

HIGHLIGHTSFurther bench scale micronising, spheroidising and purification testwork completed on Springdale Graphite Project concentrates.A two product spherical graphite – SpG11 and SpG18 – yield of up to 76% achieved.Purification testwork achieves 99.99% – well above highest purity anode material product specification of 99.97%.

The testing, conducted by industry specialists ProGraphite GmbH, used 23kg of 95.3% loss on ignition (LOI) grade Springdale graphite concentrates to produce purified spheroidised graphite product.

Micronising and spheroidising (milling) testwork investigated several process circuit options resulting in two spheroidised graphite products – SpG18 and SpG11 – and a yield of up to 76% at a product size of D50 18µm (micron) and D50 11µm. The properties of both the SpG18 and SpG11 products exceeded the quality and physical specifications typically required for active anode materials.

The SpG samples were purified using an acid-based purification process. Purification testwork achieved 99.99% LOI grade, well exceeding the published industry benchmarks for anode materials. Figure 1 shows a Scanning Electron Microscope (SEM) typical image of the purified SpG18 (D50 18µm) sample.

International Graphite Technical Director David Pass said, “This testing was designed to optimise the milling processes with the goal of improving product output. The results are highly encouraging and show there is significant potential to increase yield well beyond the projections in our original scoping study1.

“The purification results have also reinforced original findings that Springdale graphite can achieve the purity standards industry typically requires for the production of active anode materials.”

Managing Director and CEO Andrew Worland said, “These results are another significant milestone in the development our mine-to-market production strategy and further evidence that our 100% owned Springdale Mineral Resource is a vital asset perfectly suited to the high growth lithium-ion battery anode sector.

“The unique operating expertise and intellectual property we are gaining from our R&D processing facilities in Collie is making an invaluable contribution to the development of our downstream flowsheet. This, coupled with further testwork, will significantly advance our battery anode feasibility studies.”

Figure1 SEM Image of SpG18 graphite sample

The purified SpG sample material will be used in future coating testwork and to advance process flowsheet development and equipment selection for the production of active anode material for batteries.

Click here for the full ASX Release

This post appeared first on investingnews.com

Red Metal Resources Ltd. (CSE: RMES) (OTC Pink: RMESF) (FSE: I660) (‘Red Metal’ or the ‘Company’) is pleased to announce it has entered into an Letter of Intent (the ‘LOI’) with an arm’s length vendor to acquire a 100% interest in three separate packages of mineral claims directly contiguous to Quebec Innovative Materials Corp. (‘QIMC’) recent Hydrogen sample discovery of over 1,000 ppm, announced on September 4th 2024. These mineral claim blocks are located within the Timiskaming Graben formation approximately 15 km north of the town of Ville Marie and accessible by road (Route 101).

These claim blocks consist of three separate packages, covering 19 cells and totaling over 1,100 hectares to the North, Northeast and the Southwest of QIMC’s Hydrogen sample discoveries. These claim blocks exhibit close proximity and similar geological setting to that of Quebec Innovative Materials Corp.’s recent hydrogen-in-soil discovery, with similar geology to the recent large natural hydrogen Ramsey Project discovery by Gold Hydrogen Ltd. in South Australia.

Red Metal Resources President and CEO, Caitlin Jeffs stated, ‘We are excited to add these highly prospective mineral claim blocks to our portfolio of clean energy exploration projects and establish a land position near QIMC’s recent hydrogen discovery. The similar geology and proximity, highlights the potential for new discoveries of hydrogen with its ideal location and infrastructure, this new property represents an exciting opportunity to expand our clean energy portfolio as we continue to advance our Carrizal Copper/Gold property in Cordillera, Chile.’

Red Metal Resources intends to begin initial exploration and field work that could include:

Gas sampling from the soil (soil gas survey) and conducting underwater surveys in Lake Timiskaming.These surveys can be used, among other things, to locate degassing zones associated with faults in the Timiskaming rift.Geophysical surveys could be carried out to detect deep structures in the rock. Drone surveys can also be realized to provide useful remote sensing data for hydrogen and helium exploration.Fieldwork can be carried out mainly in the Municipality of St-Bruno-de-Guigues sector.

The Company is currently reviewing available data and formulating an exploration plan for the new claims with further details to be provided in due course. Once due diligence is completed and all claim applications have been approved, the Company will enter into a definitive claim purchase agreement.

This news release may contain information about adjacent properties on which the Company has no right to explore or mine. Investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on the properties subject to the LOI.

Figure 1. Claim Location Map

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4932/226644_61dfc13d44c7abd5_001full.jpg

Figure 2. Map of the Timiskaming Graben (Outlined in Red)
https://en.wikipedia.org/wiki/Timiskaming_Graben

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4932/226644_61dfc13d44c7abd5_002full.jpg

The Timiskaming Graben is a 400 km (250 mi) long and 50 km (31 mi) wide depression straddling the Ontario-Quebec border in Eastern Canada. It is a northwesterly extension of the Ottawa-Bonnechere Graben, a failed arm of the Saint Lawrence rift system which is related to the opening of the Iapetus Ocean.

Formation of the Timiskaming Graben corresponded with collapse of the regional crust along the Quinze Dam and Cross Lake faults possibly as early as 2.4 billion years ago. It was then reactivated during periods of crustal extension related to the breakups of supercontinents Rodinia and Pangaea and during compression related to the various orogenies that formed the Appalachian Mountains.

The Timiskaming Graben is now partially filled by Lake Timiskaming, a 100 km (62 mi) long successor to the much larger glacial Lake Barlow which drained at the end of the last glacial period about 8,000 years ago. The Timiskaming Graben is a seismically active structure in the Western Quebec Seismic Zone. Reactivation of faults has resulted in earthquakes, such as the 1935 Timiskaming earthquake.

Terms of the LOI

The LOI contemplates up to two weeks’ due diligence period with a non-refundable deposit of $5,000 plus GST and the issuance of 1,600,000 common shares of the Company.

Qualified Person

The technical content of this news release has been reviewed and approved by Mitchell Lavery, P.Geo.(QC), who is a Qualified Person (‘QP’) as defined in National Instrument 43-101, Standards of Disclosure for Mineral Projects.

About Red Metal Resources Ltd.
Red Metal Resources is a mineral exploration company focused on growth through acquiring, exploring and developing copper-cobalt-gold assets in Chile. The Company’s projects are located in the prolific Candelaria iron oxide copper-gold (IOCG) belt of Chile’s coastal Cordillera. Red Metal is quoted on the CSE under the symbol RMES, on OTC Link alternative trading system on the OTC Pink marketplace under the symbol RMESF, and on Frankfurt Stock Exchange under the symbol I660.

For more information, visit www.redmetalresources.com.

Contact:
Red Metal Resources Ltd.
Caitlin Jeffs, President & CEO
1-866-907-5403
invest@redmetalresources.com
www.redmetalresources.com

Forward-Looking Statements – All statements in this press release, other than statements of historical fact, are ‘forward-looking information’ within the meaning of applicable securities laws. Red Metal provides forward-looking statements for the purpose of conveying information about current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes. By its nature, this information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. These risks and uncertainties include but are not limited to the ability to raise adequate financing, receipt of required approvals, as well as those risks and uncertainties identified and reported in Red Metal’s public filings under its SEDAR+ profile at www.sedarplus.ca. Although Red Metal has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Red Metal disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise unless required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/226644

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This post appeared first on investingnews.com

(TheNewswire)

NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Vancouver, BC TheNewswire – October 14, 2024 Heritage Mining Ltd. (CSE: HML, FRA: Y66) (‘ Heritage ‘ or the ‘ Company ‘) is pleased to announce that its previously announced non-brokered private placement on September 23, 2024, is now fully allocated.

The offering was met with robust demand, including strong lead orders from management, the board of directors, existing institutions and high net-worth individuals, further demonstrating confidence in the Company’s vision and strategic direction.

In addition to the support from existing stakeholders, Heritage is excited to welcome new institutional support, including a significant investment from Altitude Capital, further strengthening the Company’s shareholder base and advancing its exploration and development goals.

Michael Wekerle, Managing Director of Altitude Capital, commented, ‘Heritage Mining’s portfolio in Northwestern Ontario holds exceptional geological potential, and this financing reflects the confidence we have in the team and their ability to unlock significant mineral value. With the strong backing of key stakeholders and new institutional support, Heritage is well-positioned to capitalize on its upcoming exploration programs.’

Peter Schloo, President, CEO, and Director of Heritage Mining, added, ‘We are thrilled to announce that the private placement has been fully allocated, with substantial participation from management, board members, and our loyal investors. We are particularly excited to welcome new institutional partners like Altitude Capital, whose involvement underscores the strength of our projects and our future potential. The commitment of our team and supporters enables us to continue our exploration work and pursue the discovery of high-grade gold, silver, and copper in our Drayton-Black Lake and Contact Bay projects.’

The funds raised from this private placement will be used for exploration activities and general working capital, positioning the Company to continue executing its business strategy.

ABOUT HERITAGE MINING LTD.

The Company is a Canadian mineral exploration company advancing its two high grade gold-silver-copper projects in Northwestern Ontario. The Drayton-Black Lake, Contact Bay and Scattergood projects are located near Sioux Lookout in the underexplored Eagle-Wabigoon-Manitou Greenstone Belt . The projects benefit from a wealth of historic data, excellent site access and logistical support from the local community. The Company is well capitalized, with a tight capital structure.

For further information, please contact:

Heritage Mining Ltd.

Peter Schloo, CPA, CA, CFA

President, CEO and Director

Phone: (905) 505-0918

Email: peter@heritagemining.ca

FORWARD-LOOKING STATEMENTS

This news release contains certain statements that constitute forward looking information within the meaning of applicable securities laws. These statements relate to future events of the Company. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as ‘seek’, ‘anticipate’, ‘plan’, ‘continue’, ‘estimate’, ‘expect’, ‘forecast’, ‘may’, ‘will’, ‘project’, ‘predict’, ‘potential’, ‘targeting’, ‘intend’, ‘could’, ‘might’, ‘should’, ‘believe’, ‘outlook’ and similar expressions are not statements of historical fact and may be forward looking information. All statements, other than statements of historical fact, included herein are forward-looking statements.

Forward looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such risks include, among others, the inherent risk of the mining industry; adverse economic and market developments; the risk that the Company will not be successful in completing additional acquisitions; risks relating to the estimation of mineral resources; the possibility that the Company’s estimated burn rate may be higher than anticipated; risks of unexpected cost increases; risks of labour shortages; risks relating to exploration and development activities; risks relating to future prices of mineral resources; risks related to work site accidents, risks related to geological uncertainties and variations; risks related to government and community support of the Company’s projects; risks related to global pandemics and other risks related to the mining industry. The Company believes that the expectations reflected in such forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward‐looking information should not be unduly relied upon. These statements speak only as of the date of this news release. The Company does not intend, and does not assume any obligation, to update any forward‐looking information except as required by law.

This document does not constitute an offer to sell, or a solicitation of an offer to buy, securities of the Company in Canada, the United States, or any other jurisdiction. Any such offer to sell or solicitation of an offer to buy the securities described herein will be made only pursuant to subscription documentation between the Company and prospective purchasers. Any such offering will be made in reliance upon exemptions from the prospectus and registration requirements under applicable securities laws, pursuant to a subscription agreement to be entered into by the Company and prospective investors.

Copyright (c) 2024 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

This post appeared first on investingnews.com

French researcher Laurent Vinatier was found guilty by a Moscow court on Monday of breaking Russia’s “foreign agent” laws and sentenced to three years in prison.

Vinatier, 48, is one of several Westerners to have been charged under Russian security laws at a time of tense confrontation between Moscow and the West over the war in Ukraine. The judge ignored a plea by the defense to fine him instead of jailing him.

In a speech to the court before he was sentenced, Vinatier said he loved Russia, apologised for breaking the law, and even recited a verse by Russian poet Alexander Pushkin.

Wearing a blue open-necked shirt and jeans, he stood behind metal bars and listened intently as the judge rattled off the verdict. He was blinking rapidly but did not show any visible emotion.

A longtime researcher on the former Soviet Union, he was arrested in June by the FSB security service and accused of failing to register as a foreign agent in Russia while collecting military information of value to foreign intelligence services.

The offence carries a sentence of up to five years, but prosecutors requested a term of three years and three months in recognition of the fact that Vinatier had pleaded guilty.

State news agency RIA said the defence planned to appeal.

France says Vinatier has been arbitrarily detained and has called on Monday for his immediate release. President Emmanuel Macron has denied that Vinatier worked for the French state and has described his arrest as part of a misinformation campaign by Moscow.

“The legislation on ‘foreign agents’ contributes to a systematic violation of fundamental freedoms in Russia, such as freedom of association, freedom of opinion and freedom of expression,” France’s foreign ministry said. “French authorities remain fully mobilized to provide assistance (to Vinatier),” the ministry added.

Vinatier is an employee of the Centre for Humanitarian Dialogue (HD), a Swiss-based conflict mediation organisation. Fellow academics who know him have told Reuters he is a respected scholar involved in legitimate research.

‘A Russian life’

Independent news outlet Mediazona quoted Vinatier as asking the court for forgiveness.

“I am not afraid to say that I fell in love with Russia. This is confirmed by my personal life – my wife is Russian, my friends are Russian. I lived a Russian life and still, even the last four months, I have been living in a Russian atmosphere,” he said, referring to the period since his arrest.

He asked for a “fair and lenient” decision, saying he had children and elderly parents who depended on him, and recited by heart a verse from Pushkin’s poem “If Life Deceives You”.

Under Russian law, people are obliged to contact the justice ministry and register as foreign agents if they are involved in political activity or are collecting military information while receiving financial or other help from abroad.

The FSB said in July that Vinatier had tried to use his numerous contacts with political scientists, sociologists, economists, military experts and government officials to collect military details “that could be used by foreign intelligence services to the detriment” of Russia’s security.

In a statement following his arrest, his employer HD said its staff work globally and “routinely meet with a wide range of officials, experts and other parties with the aim of advancing efforts to prevent, mitigate and resolve armed conflict”.

Russia says relations with France have hit a low since French authorities placed the Russian founder of the Telegram messaging app, Pavel Durov, under formal investigation in August in connection with the use of the platform for crimes such as fraud, money laundering and child pornography. Durov’s lawyer has called the proceedings against him absurd.

This post appeared first on cnn.com

Both parents were wearing stickers with “374” written on them to mark the number of days that have passed since the hostages were taken captive to Gaza by Hamas.

“I was certain that we were going to see a global demand for action and I’m still waiting for it. The world failed us … the world failed so many of these hostages, including Hersh,” Polin said.

Goldberg-Polin was one of six hostages whose bodies were discovered by the Israeli military in tunnels under Gaza shortly after they had been killed by Hamas.

Polin said when he and his wife had voiced concerns that Hamas might execute the hostages as military pressure mounted, Israeli officials had reassured them such an outcome was highly unlikely.

Along with two of the other murdered hostages, Goldberg-Polin had been expected to be released during the first phase of an eventual ceasefire agreement. The hostage deaths led to widespread anger and nationwide protests in Israel over the failure by Benjamin Netanyahu’s government to strike a hostages-for-ceasefire deal.

“We worried a little bit about that all along. Within all our optimism that we were going to get Hersh home, there was some doubt in the back of our minds that it could end this way,” he said. “I worry that if we don’t save others soon, there are going to be other families getting the horrific news that we’ve received.”

Goldberg urged “people in power” to “go save the 101” hostages remaining in Gaza. “There are thousands and thousands of people suffering in Gaza. Some of them have lived there for many years and some of them have lived there for 374 days and it’s time to bring them home,” she told Cooper.

Goldberg-Polin’s parents have been among the most vocal of the hostage families pushing Netanyahu to seek a deal securing their relatives’ return. They’ve also regularly met top US officials in Washington to press the case of the hostages.

Goldberg-Polin was among the hundreds of young people who attended the Nova music festival in southern Israel on October 7, the day Hamas launched its surprise attacks in which more than 1,200 people were killed and about 250 taken hostage.

He and some of his friends hid in a bomb shelter but became trapped by militants who began to lob grenades into the bunker. Goldberg-Polin helped to throw some of those grenades back out of the shelter before his left arm was blown off from the elbow down, according to a firsthand account from one of his friends.

Footage taken on the day of that attack showed Goldberg-Polin being marched out of the shelter – with his hand blown off and bone protruding from his wrist – and thrown along with four others into the back of a truck.

His parents told Cooper that Goldberg-Polin and the others had later been held in a tunnel 65 feet (20 meters) underground that was just 2 feet wide and 5-and-a-half feet high – too small for the 6ft tall Goldberg-Polin to stand in. They were also severely malnourished. By the time of his death, Goldberg-Polin weighed just 115 pounds (52 kilograms), his father said.

They also shared details of his final moments, saying it appeared he had used his remaining hand in an attempt to shield himself.

“It seems that when he was being shot he had put up as a defense both of his arms, so a bullet went through his right hand through his shoulder actually then into his neck then out the side of his head,” Goldberg said.

“Supposedly he was standing crouched up … they think that then he dropped to his knees and then he was shot with the gun on his head, the back of his head … and he was found on his knees two days later.”

Still possible to ‘choose life’

Receiving the news on August 31 that their son was among the six dead hostages found by the Israeli military was “a crushing blow and we are still grappling with it,” Polin said.

He said the couple had spent “so much time beyond our public campaign in our apartment with our two daughters literally planning what it was going to be when we brought him home. What would the family look like? What would the celebration look like?”

“It’s crushing to spend those days so optimistic, so hopeful, so focused to have it end like this,” Polin said, adding they had wondered if their hope had worked against them.

“Maybe our optimism was something that drove influencers to lack urgency, to feel like, he’s going to come home at some point somehow and … maybe it was too infectious,” Polin said.

Goldberg added: “I’m just trying to get through each day. We are in the first centimeter in a million-mile journey of how do we get through the rest of our lives yearning and missing our son.”

Born in Oakland, California, Goldberg-Polin immigrated to Israel with his family at age 7. An elder brother to two sisters, he was a “happy-go-lucky, laid back, good humored, respectful and curious person” who loved soccer and music, according to his mother.

She later said the family was determined to “live” and “not just exist” following his death.

“I want to live the life that Hersh should’ve lived and that’s a life filled with love and happiness and light. We will always have this deep void but I think that it’s still possible to have that void and to be happy and choose life.”

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China flew a record number of fighter jets and other warplanes around Taiwan during its large-scale military drills on Monday, the island’s Defense Ministry said.

The one-day military exercises, which involved Chinese fighter jets, drones, warships and Coast Guard vessels simulating a blockade of the self-governing island, was condemned by Taiwan as an “unreasonable provocation” and is the latest in a series of recent war games conducted by Beijing against its neighbor.

According to the ministry, 153 Chinese aircraft were detected around Taiwan in a 25-hour period between Monday and Tuesday.

Of those, 111 warplanes crossed the Median Line – an informal demarcation point in the Taiwan Strait that Beijing does not recognize, but until recent years had largely respected – and entered Taiwan’s air defense identification zone (ADIZ).

An ADIZ is unilaterally imposed and distinct from sovereign airspace, which is defined under international law as extending 12 nautical miles from a territory’s shoreline. No Chinese warplanes were spotted entering Taiwan’s sovereign airspace, a step that would be considered a major escalation.

While not directly comparable, the spike in Chinese warplanes on Monday superseded the previous daily record in September 2023, when 103 Chinese military aircraft were detected operating around Taiwan in a 24-hour span.

In response to the latest incursions, Taiwan’s Defense Ministry said it employed its own aircraft, navy vessels and coastal missile systems to monitor the activity.

China said its military drills were intended as a “stern waning” to independence forces in Taiwan and came days after the island’s new president, Lai Ching-te, gave a speech vowing to protect Taiwan’s sovereignty in the face of challenges from Beijing.

Taiwan “is not subordinate” to China, Lai said on Taiwan’s National Day Thursday, and Beijing “does not have the right to represent Taiwan.”

China’s military exercises around Taiwan, a democracy of 24 million people, have become increasingly frequent in recent years and have tended to coincide with events that have angered Beijing.

Those drills allow China to monitor Taiwan’s responses and also tax the island’s own military resources including its aging and outgunned fleet of fighter jets.

Analysts said Monday’s drills were part of a general strategy of both keeping Taiwan under pressure and normalizing regular war games.

The ruling Chinese Communist Party views Taiwan as part of its territory, despite having never controlled it. It has long vowed that the island must be “unified” with the Chinese mainland, by force if necessary, while the Taiwanese authorities strongly reject China’s territorial claims over it. Many people on the island view themselves as distinctly Taiwanese.

The People’s Liberation Army said the drills were a joint operation of the army, navy, air force and rocket force, and were conducted in the Taiwan Strait – a narrow body of water separating the island from mainland China – as well as encircling Taiwan.

A map released by the Eastern Theater Command showed drills taking place in nine areas surrounding Taiwan as well as its outlying islands that are closer to mainland China.

Taiwan’s Defense Ministry added that 14 warships were detected around Taiwan over the same 25-hour period. Among them was the Chinese aircraft carrier Liaoning, which moved into a location to the east of the island.

During the military exercise, none of China’s naval vessels successfully entered Taiwan’s contiguous zone, which is defined under international law as extending 24 nautical miles from a territory’s shoreline, the ministry said in a press conference on Monday evening.

Analysts, however, said the drills were “highly dangerous,” and because they are “approaching, closer and closer,” will “leave us [with] a very short response time.”

The Chinese military said it kicked off the Joint Sword 2024-B drills at 5 a.m. local time Monday. By 6 p.m. an updated statement announced that it had “successfully” completed the exercises.

According to a flight map provided by Taiwan’s Defense Ministry, Chinese jets were detected around the island after China’s announcement that it had wrapped up its war games.

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