World

Footage shows NYPD officers firing at man with knife in subway shooting that wounded 4

Published

1 year ago

September 20, 2024

Footage shows NYPD officers firing at man with knife in subway shooting that wounded 4

NEW YORK (AP) — Footage of two New York City police officers opening fire at a subway station as they confronted a man holding a knife shows they shot at him as he was standing still, his arms by his side and his back to a train.

In the days since Sunday’s shooting, police officials have repeatedly emphasized that the officers fired after Derell Mickles “charged” at one of them, and when their attempts to deescalate the situation and use Tasers had failed — leaving them with little choice but to resort to deadly force to protect themselves and passengers.

The footage, uploaded to the NYPD’s YouTube page Friday, offers a different view of the shooting that not only wounded Mickles but also a bystander, who was hit in the head with a stray bullet. Gregory Delpeche, 49, was sent to the hospital in critical condition, where doctors had to open up his skull to reduce brain swelling, according to his family.

“The NYPD’s version of events is a gross mischaracterization of what we see on that video,” said Nick Liakas, an attorney representing Delpeche’s family. “There was no need for any bullets to fly in the subway station, especially in a setting where the officers put innocent bystanders at risk. And it resulted in Gregory getting shot in the back of the head.”

Police officials defended the officers in a news conference Wednesday.

“It happened because an individual decided to enter our subway system. He refused to drop that weapon, after repeated orders by the officers. And then he advanced towards the officers while he was armed,” the NYPD interim commissioner, Thomas Donlon, said.

NYPD Chief of Patrol John Chell described the shooting as a “tragic situation” and said “we did the best we could to protect our lives and the lives of people on that train.”

As Chell described it, Mickles jumped a turnstile at a subway station in the Brownsville neighborhood of Brooklyn a little after 3 p.m. Sunday. The two officers asked the 37-year-old Brooklyn native to leave, and he did, but Mickles was seen unfolding a knife on his way out.

When Mickles returned to the station a few minutes later, the officers followed him up the steps onto the elevated platform. In the body camera footage, they tell Mickles to drop the knife. Mickles, standing with his hands behind his back says, “I’m not dropping it, you’ll have to shoot me.” The officers repeatedly implore him to show them his hands. He tells them to leave him alone.

When a train pulls into the station, Mickles backs onto it. The officers follow him on. They repeatedly say “put it down” and then fire their Tasers, which have little effect, embedding in Mickles’ T-shirt before he rips them out and walks off the train.

Now on the platform, Mickles holds the knife with the blade open. The officers follow him out from different doors, and Mickles runs in the direction of one officer, who runs backwards.

When the officers pull their guns, Mickles comes to a complete stop, his hands by his sides, in front of the train. As Mickles turns his head slightly to the left, they fire multiple shots. Mickles falls into train while the passengers inside flee.

In Chell’s telling on Wednesday, he said: “Mr. Mickles charged one of the officers and then turned around and the other officer was standing there within approximately 5 feet. It was at this time they both discharged their weapons.”

In addition to Mickles and Delpeche, one of the officers was wounded in the shooting. A 26-year-old woman suffered a graze wound.

Earlier Friday, Mickles, appearing remotely from his hospital bed, pleaded not guilty to charges including attempted aggravated assault on a police officer, menacing an officer, weapons possession and evading his subway fare. The judge set his bail at $200,000.

Mickles’ lawyer, Jonathan Fink, said his client is in “very bad shape” and unable to walk.

“It seems there’s a strong argument there was disproportionate force used by the police in this case,” said Fink, who had not yet seen the video.

Police reform advocates condemned the shooting.

“This horrific event that endangered dozens of transit users didn’t happen in a vacuum,” Loyda Colon, of the group Communities United for Police Reform, said in a statement Friday. “It happened because the mayor has invested in flooding officers into our subway system and communities to criminalize mental illness and poverty, rather than in making transit, housing, and services affordable and available to New Yorkers.”

Earlier in the week, Mayor Eric Adams, a Democrat and former police captain, said he’d seen the videos and that the officers should be commended for showing a “great level of restraint.”

“I saw the steps those police officers implemented,” Adams told reporters Tuesday. “Over and over again, trying to reason with the perpetrator. And so some people said, ‘Well, you shouldn’t be enforcing fare evasion.’ No. This is not a city where any and everything goes.”

After the footage was released, his office released a statement that was less effusive, noting that the NYPD’s initial review found that shooting took place after Mickles “brandished a dangerous weapon and put officers’ lives at risk.”

“While the formal review continues, and out of respect for that process, I will avoid commenting any further,” Adams said.

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Associated Press writer Karen Matthews contributed to this report.

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World

Global futures reopen after exchange operator CME suffers multi-hour disruption

Published

8 hours ago

November 28, 2025

Press Room

Global futures reopen after exchange operator CME suffers multi-hour disruption

SINGAPORE/LONDON, Nov 28 (Reuters) – Global futures markets were disrupted for several hours on Friday after CME Group, the world’s largest exchange operator, suffered one of its longest outages in years, halting trading across stocks, bonds, commodities and currencies.

By 1335 GMT, trading in foreign exchange, stock and bond futures , , as well as other products had resumed, after having been knocked out for over 11 hours, according to LSEG data.

CME blamed the outage on a cooling failure at data centres run by CyrusOne, which said its Chicago-area facility had affected services for customers including CME (CME.O), opens new tab.

The disruption stopped trading in major currency pairs on CME’s EBS platform, as well as benchmark futures for West Texas Intermediate crude , Nasdaq 100 , Nikkei , palm oil and gold , according to LSEG data.

‘A BLACK EYE’

Trading volumes have been thinned out this week by the U.S. Thanksgiving holiday and with dealers looking to close positions for the end of the month, the outage posed a risk of spurring volatility, market participants said.

“It’s a black eye to the CME and probably an overdue reminder of the importance of market structure and how interconnected all these are,” Ben Laidler, head of equity strategy at Bradesco BBI, said.

“We complacently take for granted much of the timing is frankly not great. It’s month end, a lot of things get rebalanced.”

Still, the timing of Friday’s outage, during a shortened U.S. equity trading session with thinner volumes, helped limit its market impact.

“If there was to be a glitch day, today’s probably a good day to have it,” Joe Saluzzi, co-manager of trading at Themis Trading in Chatham, New Jersey, said.

Futures are a mainstay of financial markets and are used by dealers, speculators and businesses wishing to hedge or hold positions in a wide range of underlying assets. Without these and other instruments, brokers were left flying blind and many were reluctant to trade contracts with no live prices for hours on end.

“Beyond the immediate risk of traders being unable to close positions – and the potential costs that follow – the incident raises broader concerns about reliability,” said Axel Rudolph, senior technical analyst at trading platform IG.

A few European brokerages said earlier in the day they had been unable to offer trading in some products on certain futures contracts.

“My anticipation is that life goes on but everybody will have yet another look at their data centre arrangements and invest more in ensuring reliable supply because the importance of data center uptime is higher and higher,” Mikhail Zverev, Portfolio Manager at Amati Global Investors in London.

Regulators are tracking the situation, with both the Commodity Futures Trading Commission and Securities and Exchange Commission confirming they are aware of the issue and conducting ongoing surveillance.

BIGGEST EXCHANGE OPERATOR

CME is the biggest exchange operator by market value and says it offers the widest range of benchmark products, spanning rates, equities, metals, energy, cryptocurrencies and agriculture.

Average daily derivatives volume was 26.3 million contracts in October, CME said earlier this month.

The CME outage on Friday comes more than a decade after the operator had to shut electronic trade for some agricultural contracts in April 2014 due to technical problems, which at the time sent traders back onto the floor.

More recently in 2024 outages at LSEG and Switzerland’s exchange operator briefly interrupted markets.

CME’s own shares were up 0.4% in premarket trading.

Reporting by Saqib Iqbal Ahmed and Laura Matthews in New York, Chris Prentice in Washington, Ankur Banerjee, Tom Westbrook, Rae Wee and Florence Tan in Singapore, Amanda Cooper, Lucy Raitano, Vidya Ranganathan and Alun John in London; Toby Sterling in Amsterdam and Pranav Kashyap in Bangalore; Editing by Alison Williams, Elaine Hardcastle and Alistair Bell

Our Standards: The Thomson Reuters Trust Principles., opens new tab

World

Ukrainian official Yermak resigns as corruption probe encircles Zelenskyy

Published

9 hours ago

November 28, 2025

Press Room

Ukrainian official Yermak resigns as corruption probe encircles Zelenskyy

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Ukrainian President Volodymyr Zelenskyy announced that head of the office of the president of Ukraine, Andriy Yermak, had written a letter of resignation.

“I am grateful to Andriy for always presenting the Ukrainian position in the negotiation track exactly as it should be. It has always been a patriotic position,” Zelenskyy noted, according to a translation of his comments in a video.

ZELENSKYY’S TOP AIDE ANDRIY YERMAK FACES CRITICISM AND SOME PRAISE AS WAR WITH RUSSIA DRAGS ON

Head of the Office of the President of Ukraine Andriy Yermak talks to the press at the U.S. Mission to International Organizations in Geneva, Switzerland, Sunday, Nov. 23, 2025. (Martial Trezzini/Keystone via AP)

“But I want there to be no rumors and speculation. As for the new head of the office, tomorrow I will hold consultations with those who can head this institution,” the foreign leader noted.

Yermak’s home had been raided by anti-corruption investigators.

MOMENTUM BUILDS IN UKRAINE PEACE PUSH, BUT EXPERTS FEAR PUTIN WON’T BUDGE

President of Ukraine Volodymyr Zelenskyy participates in a briefing at the Office of the President following a staff meeting in Kyiv, Ukraine, on Nov. 7, 2025. (Pavlo Bahmut/Ukrinform/NurPhoto via Getty Images)

“Today, NABU and SAPO are indeed conducting procedural actions at my home. The investigators have no obstacles. They were given full access to the apartment, my lawyers are on site, interacting with law enforcement officers. From my side, I have full cooperation,” Yermak noted the Ukrainian-language post on Friday.

‘GOLDEN TOILET’ SCANDAL: ZELENSKYY FACES DEEPEST CRISIS YET AS ALLIES ACCUSED IN $100M WARTIME SCHEME

Ukrainian President Volodymyr Zelenskyy meets with President Donald Trump in Washington D.C., on Aug. 19, 2025. ( Ukrainian Presidency / Handout/Anadolu via Getty Images)

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President Donald Trump’s administration has been aiming to help broker peace between Russia and Ukraine.

Fox News’ Yulia Wallenfang contributed to this report.

Alex Nitzberg is a writer for Fox News Digital.

World

Which EU countries have the biggest gender investment gap?

Published

11 hours ago

November 28, 2025

Press Room

Which EU countries have the biggest gender investment gap?

Only about one in five tech companies across Europe created between 2020 and 2025 included at least one woman founder, according to the European Commission’s The Gender Investment Gap report.

Even when adjusting for this disparity, companies with female founders also received less investment than firms with male founders.

The highest levels of gender diversity were found in Latvia, at 27%, Italy, at 25.9 %, and Portugal, at 25.2%. These rates represent the proportion of companies with at least one female founder.

In contrast, countries such as the Czech Republic (9%) and Hungary (14.4%) remain well below the European average (19.3%).

Equal participation by women entrepreneurs could increase EU GDP by approximately €600 billion, with countries like Poland seeing growth of 1.6% and the Netherlands up to 5.5% by 2040, according to the 2025 Frontier Economics study.

The gender investment gap refers to systematic disparities between women and men in accessing venture capital and participating in investment decision-making.

Among European small and medium-sized enterprises applying for bank loans, female-owned firms report loan-approval rates about five percentage points lower than male-owned firms. That’s even after controlling for age, size, and sector, according to the European Investment Bank.

Gender disparities also extend to capital ownership and investment behaviour, as data shows women are investing less in retail assets.

Female retail investors currently control about €5.7 trillion in Europe, a figure projected to rise to €9.8 trillion by 2030. If women invested on a parity basis with men, Europe could mobilise an additional €2 to €3 trillion in private investable assets.

“These findings point to an EU-wide economic shortfall well into the hundreds of billions of euros annually – capital that could otherwise be fuelling innovation, employment, green – and digital transitions,” the EC report stated.

What is behind this gender gap?

The gender investment gap has been put down to differences in risk appetite between men and women, as well as societal expectations and financial education.

Historically, entrepreneurship and venture finance have been male-coded domains associated with risk-taking, assertiveness, and individualism.

Decision-making bodies in venture capital and private equity remain male-dominated, reinforcing existing investment patterns.

Societal expectations around women’s caregiving roles and work-life balance continue to influence their access to entrepreneurial networks and capital.

According to the European Commission’s report, even in societies perceived as egalitarian, such as Nordic countries, the assumption that gender equality has already been achieved “can itself act as a barrier – masking ongoing structural biases”.

Across Europe, women also face a “double exclusion” of gender and geography.

European venture capital is mainly based in hubs in London, Paris, Berlin, and Stockholm, which leaves founders in Central, Eastern, and Southern Europe structurally disadvantaged.