Aggregator
Shohei Ohtani ties Dodgers’ on-base streak record for LA, but can’t prevent loss to Giants
University of Wisconsin scientist allegedly tried to poison rival lab colleague over promotion: ‘I did it’
Twins, Charlotte FC troll Mets as embarrassing losing streak hits 12
Ex-Ohio State president Ted Carter’s girlfriend would sneak through campus garage to get to his office, report reveals
Ukraine Billionaire Spends $554 Million For World's Most Expensive Apartment In Monte Carlo
It makes sense that a nation which has consistently ranked at the top in all global corruption rankings, produces some of the most extravagant demonstrations of stolen wealth.
Take billionaire Rinat Akhmetov, among many other assets owner of the Azovstal steel complex in Mariupol which became one of the defining clashes in the Ukraine war, and Ukraine’s richest man, who bought a vast, five-floor luxury apartment in Monaco’s most prestigious new development for an eye-popping €471 million ($554 million), making it the biggest single home transactions in history according to Bloomberg.
The 21-room waterfront property, acquired by the businessman’s holding company, is located in the principality’s Mareterra district. The new area, built on reclaimed land, was inaugurated by Prince Albert II in 2024 and has drawn ultra-rich investors from around the world.
Le Renzo in Mareterra, Monte CarloSituated in the flagship “Le Renzo” building, the apartment stretches over about 2,500 square meters (27,000 square feet), not counting balconies and terraces looking out over the Mediterranean Sea. It also has a private swimming pool, jacuzzi and comes with at least eight parking spots.
Details of the sale, which was finalized in 2024, or about two years after Akhmetov's country was deep in a brutal war with thousands of his countrymen dying on the front every day, come from the principality’s property records, as well as a stash of emails and preliminary deeds reviewed by Bloomberg Businessweek from Distributed Denial of Secrets, a nonprofit that preserves hacked and leaked materials believed to be in the public interest.
Akhmetov’s holding company, System Capital Management, or SCM, confirmed it it had made an acquisition in the development, though declined to provide details about the property or price.
“SCM’s international investment portfolio has included a standalone premium real estate portfolio for over ten years, as has been publicly stated on multiple occasions,” it said in a statement. “Among its assets is the ‘Le Renzo’ project, in which we made an investment on the primary market in 2021.”
Premium real estate; half a billion dollars for an apartment is a different galaxy, especially sine most of the money was likely sourced from US taxpayers. The reported price would make it the biggest known home sale in history, outstripping the recent sale of developer Nick Candy’s Chelsea mansion for more than $350 million or the sale of a New York penthouse apartment to hedge fund manager Ken Griffin for about $240 million.
Perched on a rocky outcrop between France and Italy, Monaco has long been the priciest real-estate market in the world because of its small size and tax haven status. The Mareterra development was built up over a decade on land reclaimed from the sea and includes 114 luxury villas, townhouses and apartments set around gardens, a harbor and public promenade.
Akhmetov’s purchase agreement in the principality came just before Russia’s invasion of Ukraine in 2022. The war subsequently created upheaval within his business empire including attacks on energy assets in his home country.
Akhmetov was pivotal in arranging a lasting relationship between his employee and close friend Paul Manafort and former Ukraine president Viktor Yanukovich, whose US-mediated ouster was the trigger for the eventual war between Ukraine and Russia.
The tycoon has a net worth of more than $7 billion, according to the Bloomberg Billionaires Index. His fortune is rooted in SCM, Ukraine’s largest industrial conglomerate with investments in metallurgy, mining and energy, in addition to property.
Akhmetov has also been associated with a string of other ultra high-end property acquisitions in the past, including the 2019 purchase for €200 million of the historic Villa Les Cèdres on the French Riviera. The sprawling estate in the exclusive Saint-Jean-Cap-Ferrat was once owned by King Leopold II of Belgium. In 2011, Akhmetov also reportedly bought a penthouse in London’s prestigious One Hyde Park development opposite the Harrods department store in Knightsbridge.
Mareterra properties have sold for prices surpassing the symbolic €100,000 a square meter, according to local property agents, who asked not to be named because the details aren’t public. One three-bedroom property is currently on the market for about €76 million. There are also rental listings for four and five-room apartments for €150,000 a month.
Official statistics show that the Larvotto district where Mareterra is located has become the principality’s most expensive in terms of estimated selling prices per square meter. The data doesn’t break out prices for properties in the development and these aren’t generally listed on broker websites.
“Monaco remains one of the world’s most exclusive and resilient residential markets,” Savills said in a report published in March, noting that it’s “shaped by structural scarcity and sustained high international demand.”
Tyler Durden Wed, 04/22/2026 - 00:05Rebecca Allen’s return latest part of Liberty’s retooled bench
US warns it will run out of money to pay airport security workers in coming weeks
Landry Shamet’s Knicks struggles spilling into Hawks series
Lakers vs Rockets Game 2 brings star-studded crowd with Matthew Stafford, Will Ferrell, Shannon Sharpe and more
Nobel Physicist Predicts 'End-Date' For Modern Civilization
Authored by Steve Watson via Modernity.news,
Nobel Prize-winning physicist David Gross has provided a sobering timeline for the potential end of modern civilisation, citing the escalating risks of nuclear war.
The 2004 Nobel laureate estimates that humanity may have roughly 35 years remaining before facing existential catastrophe from nuclear conflict.
In an interview, Gross detailed his assessment based on probability calculations similar to radioactive half-life models. He noted that after the Cold War, estimates put the annual chance of nuclear war at one percent. However, he believes the figure is now closer to two percent.
Chilling warning from Nobel physicist as date is set for humanity's final destruction https://t.co/WKhFHWcIs3
— Daily Mail US (@Daily_MailUS) April 20, 2026“Even after the Cold War ended, when we had strategic arms control treaties, all of which have disappeared, there were estimates that there was a one percent chance of nuclear war every year,” Gross said.
He continued, “I feel it’s not a rigorous estimate that the chances are more likely two percent. So that’s a one-in-50 chance every year. The expected lifetime, in the case of two percent per year, is about 35 years.”
Gross pointed to deteriorating global conditions as justification for his higher estimate. “Things have gotten so much worse in the last 30 years, as you can see every time you read the newspaper,” he stated.
He highlighted ongoing conflicts and nuclear proliferation. There are now nine nuclear powers, complicating arms control significantly. “Even three is infinitely more complicated than two,” Gross observed.
Recent developments include the expiration of the New START treaty on February 5, 2026, with no major nuclear arms-control agreements signed in the past decade.
Gross also raised concerns about advancing technology, particularly automation and artificial intelligence in weapons systems.
“The agreements, the norms between countries, are all falling apart,” he said. “Weapons are getting crazier. Automation, and perhaps even AI, will be in control of those instruments pretty soon.”
“It’s going to be very hard to resist making AI make decisions because it acts so fast,” Gross warned, noting that AI can sometimes “hallucinate” or produce inaccurate outputs.
He expressed deep concern for humanity’s future beyond scientific progress: “You asked me to think about the future, and I am obsessed the last few years, thinking about that, not the future of ideas and understanding nature, but of the survival of humanity.”
Despite the grim outlook, Gross expressed some optimism, stating of nuclear weapons: “We made them; we can stop them.”
The post quickly drew responses on X reflecting a range of views.
One took a philosophical stance: “There no end date.. people have been guessing.. for a long time.. when it our time it’s our time… an Asteroid can hit Tomorrow and wipe out the planet and we probably wouldn’t be able to process it… a renegade Volcano can explode setting off the next extinction event and we wouldn’t know what to do.. live your life.. it’s all you can do..”
Several users ironcially turned to AI for answers, with one writing: “Tell us the date and time @grok.” and another echoing: “@grok what’s the date and time?”
A different commenter expressed skepticism about the role of global elites: “If his thinks rich billionaires are going to allow nuclear war.. then take away his Nobel prize cause that not happening any time soon.”
Gross, who won the Nobel Prize for his work on asymptotic freedom in quantum chromodynamics, has shifted much of his recent focus to humanity’s long-term survival. His remarks connect the probability model directly to current events, including tensions in Europe, the Middle East, and South Asia.
By framing the risk in concrete yearly percentages and an expected timeframe, the physicist aims to translate abstract geopolitical dangers into something more immediate and calculable. Whether the two-percent annual figure holds or shifts with future developments remains to be seen, but the underlying message is clear: the window for preventive action is narrowing.
Your support is crucial in helping us defeat mass censorship. Please consider donating via Locals or check out our unique merch. Follow us on X @ModernityNews.
Tyler Durden Tue, 04/21/2026 - 23:25‘The Secret Lives of Mormon Wives’ resuming production following Taylor Frankie Paul fallout
‘The Secret Lives of Mormon Wives’ resuming production following Taylor Frankie Paul fallout
Sean McVay gives update on star WR, talks Rams upcoming NFL draft plans
Sirens’ playoff hopes dashed despite spoiler win over Sceptres
Ronny Mauricio has monster three-homer night in Triple-A as big-league Mets keep floundering
South Korea Curbs Syringe Hoarding As Iran War Cripples Supply
The downstream consequences from the Hormuz closure are popping up in the most unexpected places.
According to Bloomberg, South Korea’s health regulators are stepping in to curb syringe hoarding as supply chain disruptions tied to the Middle East conflict threaten the availability of essential medical supplies.
While overall syringe production remains steady at about 4.5 million units a day - slightly above 2025 averages - hospitals report dwindling inventories, and online platforms show rising prices and empty virtual shelves, according to the Ministry of Food and Drug Safety.
Starting Monday the ministry will deploy 35 inspection teams, made up of police and medical device officials, to carry out a nationwide probe into intermediaries and other firms suspected of creating artificial shortages to drive up profits.
Syringes are the latest everyday item in South Korea to be hit by spillover from the Iran war, which has disrupted supplies of naphtha, a petroleum derivative used in plastics manufacturing. Products such as syringes and intravenous fluid bags rely on polypropylene and polyethylene, both derived from naphtha.
Earlier, we discussed how US exports of ethane - which is also a key building block in plastics production - to China have soared, as naphtha supply remains indefinitely blocked as a result of the Hormuz closure.
"We’ve seen a surge in speculative demand as hospitals and clinics are preemptively ordering extra stock in anticipation of price hikes, which is creating artificial bottlenecks,” said spokesperson Jung Chul-woo of the Korea Medical Devices Association, which represents more than 700 suppliers.
Shortages of Middle Eastern crude have already stoked supply concerns in Asia’s fourth-largest economy, threatening everything from garbage bags to popular instant noodle brands, while also contributing to a broader jet fuel crunch across the region.
After manufacturers raised concerns about potential naphtha shortages, the government called on domestic refiners to prioritize supply allocations for local companies for the next three months, an official at the Ministry of Trade, Industry and Energy said. The ministry’s crackdown comes after a government mandate took effect April 14 banning the hoarding of syringes and needles. Withholding inventory or inflating prices is now punishable by up to three years in prison, or 100 million won ($68,000) in fines.
“Acts of hoarding medical devices essential to public health while exploiting a crisis are unacceptable,” Food and Drug Safety Minister Oh Yu-Kyoung said in a statement.
Tyler Durden Tue, 04/21/2026 - 23:00