Tip News Daily Brief

Your Daily Brief

July 11th, 2023

Good morning, and happy Tuesday! Yesterday we reported on the search for 200 migrants from Senegal that went missing over a week ago off the Canary Islands. As of this writing, the Spanish Coast Guard has found 86 of the missing people. As always, stay tuned and we will let you know as anything else develops!

In Today’s Brief

Iceland: 3rd volcanic eruption in 2 years
New England: Widespread flash flooding
Madonna: Reschedules tour dates
Modelo: Tops Bud Light for 2nd month

...and more

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Top Tips

Turkey backs Swedish NATO bid

Turkish President Recep Tayyip Erdogan has agreed to support Sweden’s bid for NATO membership, according to a statement from NATO Secretary-General Jens Stoltenberg.

The announcement comes a year after Erdogan blocked Sweden’s bid to join the alliance, prompting NATO leaders to publicly and privately lobby the Turkish leader to admit them. Sweden and Finland both decided to relinquish their traditional stance of neutrality following Russia’s invasion of Ukraine and asked to join the alliance in May of 2022. Finland was voted into NATO in March after lifting a three-year-long arms embargo on Turkey, while Sweden was not admitted due to Turkey’s accusations of the country harboring Kurdish militants.

The North Atlantic Treaty Organization was originally founded in 1949 and currently has 31 member countries. Member countries like Turkey have a veto over any new countries looking to join the alliance. Turkey and Hungary are currently the only two members yet to ratify Sweden’s membership application.

Meta hits a new milestone

Meta's new social media app Threads, which is meant to be a direct competitor of Twitter, surpassed 100M users yesterday morning, less than a week after the app was launched.

Web traffic to Twitter was down 5% for the first two full days that Threads was publicly available, according to the company Similarweb, which specializes in web analytics. The company added that Twitter web traffic was down 11% compared with the same days in 2022. As of December 2022, Twitter’s global audience accounted for over 368M monthly active users.

Meta CEO Mark Zuckerberg noted that the app’s growth has been “mostly organic” so far. Threads’ recent growth makes it the fastest-growing app of all time. Previously, that title belonged to ChatGPT, the AI-powered chatbot from OpenAI. In January, ChatGPT was estimated to have reached 100M monthly active users two months after its launch.

India’s economic forecast

India’s economy is on track to surpass that of the United States and become the second-largest in the world behind China by the year 2075, according to a new forecast by Goldman Sachs Research.

The report comes less than three months after the United Nations confirmed that India’s population overtook China, making it the most populous country in the world with an estimated 1.425B people at the start of May. Per Goldman Sach’s report, the main drivers of the forecast are India’s burgeoning population, the country’s progress in innovation and technology, higher capital investments, and rising worker productivity.

As measured by GDP, India is currently world’s fifth-largest economy, behind the U.S., China, Japan, and Germany, respectively. Per Goldman Sachs’ report, the Asian nation is expected to reach a gross domestic product of $52.5T by 2075, which is $1T higher than America’s GDP level is expected to reach at that time.

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Quick Tips

Around the Globe

A Japanese temple was defaced by a Canadian teenager in the city of Nara; local police said the 17-year-old boy carved the name “Julian” on a wooden pillar at the 8th-century Toshodaiji Kondo temple complex (More)
The E.U. is investigating the diabetes drug Ozempic after Iceland’s health regulator flagged three cases of the drug prompting depressive thoughts; Ozempic is a glucagon-like peptide 1 agonist, which is used for controlling blood sugar and weight management (More)
An Icelandic volcano near the capital of Reykjavik erupted for the third time in two years, according to the country’s meteorological office; prior to the 2021 eruption, the region had remained dormant for eight centuries (More)

On the Homefront

Convicted former sports doctor Larry Nassar was stabbed multiple times during an altercation with another inmate at a federal prison; Nassar was sentenced to decades in prison after pleading guilty to sexually assaulting gymnasts, including Olympic medalists (More)
13M people were under flood alerts in New England yesterday due to storms passing over the region; New York’s state governor declared a state of emergency and Vermont officials warned people to brace for flash flooding (More)
Triple-digit temperatures are expected across the Southwest this week in what the National Weather Service said could be the longest heatwave on record; last week, global average temperatures set records or tied existing ones for four days in a row (More)

Glitz & Games

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Madonna reschedules her North American tour dates following a medical emergency last month; the singer’s “Celebration” tour is now slated to begin in Europe in October and the status of her North American dates remains unclear (More)
SAG-AFTRA officials held a call with Hollywood publicists to discuss protocols for a potential actor’s strike if the union and the Alliance of Motion Picture and Television Producers don’t reach a deal prior to tomorrow’s deadline (More)
Megan Rapinoe announced her retirement at the end of the 2023 National Women’s Soccer League season; Rapinoe, who has two Women’s World Cup titles, will play in her fourth and final World Cup this summer in Australia & New Zealand prior to her last season (More)

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Business & Markets

Major indexes in the stock market ended higher, with the Dow leading the gains (Dow +0.62%, Nasdaq +0.18%, S&P 500 +0.24%)
Microsoft is eliminating additional jobs one week after the start of the company’s 2024 fiscal year; the cuts are in addition to the downsizing announced in January that resulted in 10K layoffs (More)
Modelo Especial beer topped Bud Light in U.S. sales for the second month in a row; Modelo captured 8.7% of the overall beer sales market for the four weeks ending on July 1st compared to Bud Light’s 7% share, per data given to consulting firm Bump Williams (More)

Tips & Tricks

Feel Good: Following an almost decade-long infertility struggle, sportscaster Erin Andrews welcomed her first baby with former NHL player Jarret Stoll with the help of a surrogate
Bump This: See Joaquin Phoenix play French leader Napoleon Bonaparte in the new trailer for Ridley Scott’s Napoleon - the upcoming film looks at Bonaparte’s military career, rise to power, and tumultuous personal life
Chow Down: If you’re looking to beat the heat and avoid turning on your oven, try this recipe for mango, black bean & avocado tacos for a spicy and sweet weeknight dinner
Nerd Out: Learn about how the European Space Agency’s Cheops satellite recently captured images of the largest known “mirror” in the universe, an ultra-hot exoplanet that reflects 80% of the starlight it receives
Go Deep: From heavy sweating and dizziness to muscle spasms and vomiting, read up on the adverse effects of extreme heat on our minds and bodies, according to experts
Hot Goss: Actor Jonah Hill’s ex-girlfriend, surfer named Sarah Brady, publicly shared a series of text messages allegedly from Hill asking that she delete certain photos from her Instagram account and refrain from spending time with certain people to respect his boundaries
Life Hack: The best part of traveling is immersing yourself in the culture of wherever you decide to go - check out these tips for becoming a more responsible traveler in order to have a more authentic and meaningful travel experience this summer

Tip-Offs

See the new record number of Americans who live alone.

…and the U.S. places where most shark attacks occur.

Watch YouTubers build an 82-foot wooden block tower.

Witness the final two songs Elton John performed live.

Breaking down the top five most dangerous chemicals.

Five social and emotional skills for parents of all stages.

Photos of some of Earth’s most remarkable hiking trails.

How electricity from storm clouds could power our devices.

Looking Back…

On July 11th: Aaron Burr fatally shoots Alexander Hamilton in a duel in Weehawken, New Jersey (1804); Babe Ruth plays in his first major league baseball game for the Boston Red Sox (1914); American author Harper Lee’s To Kill a Mockingbird is published (1960); Italian fashion designer Giorgio Armani is born (1934).

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