Labour Party politician John Healey resigned as Britain's Defence Secretary, citing the government's refusal to fund critical defense plans.
Labour Party politician John Healey resigned as Britain’s Defence Secretary, citing the government’s refusal to fund critical defense plans. PULSE POINTS WHAT HAPPENED: British Prime Minister Sir Keir Starmer is facing political pressure after Defense Secretary John Healey resigned on Thursday, accusing the government of failing to provide the funding needed to sustain Britain’s armed forces amid growing security threats. His resignation follows growing concerns over British military readiness and marks the second major Cabinet departure in a month. DETAIL: In a resignation letter posted on X, Healey said planned defense spending falls “well short” of what is required and criticized both Starmer and the Treasury for not…Open
The letter details a variety of issues with the Los Angeles Homeless Services Authority's handing of federal funds, including conflicts of interest, financial mismanagement, fraud and lack of oversight.
On March 1, 1579, Sir Francis Drake’s ship the Golden Hind intercepted the Spanish treasure galleon Nuestra Señora de la Concepción off the coast of Peru. The Spanish ship was carrying an enormous cargo of gold, silver, jewels, and other valuables from the South American colonies back to Spain. Drake captured the ship with almost no resistance. The haul included: -26 tons (about 26,000 kg) of silver -80 pounds (36 kg) of gold -13 chests of silver coins (reales) -Jewels, a golden crucifix, and other valuables The total value of the haul was estimated at hundreds of millions of dollars in today’s dollars. The cargo was transferred to the Golden Hind. Drake, in accordance with the practice at the time, kept some for himself and his crew…Open