World
Tracking Tropical Storm Ampil
![Tracking Tropical Storm Ampil Tracking Tropical Storm Ampil](https://static01.nyt.com/images/2024/08/12/world/ampil-map-path-tracker-index/ampil-map-path-tracker-index-facebookJumbo-v17.jpg)
Ampil was a tropical storm in the Philippine Sea Tuesday morning Japan time, the Joint Typhoon Warning Center said in its latest advisory.
The tropical storm had sustained wind speeds of 46 miles per hour.
All times on the map are Japan time. By The New York Times
Typhoon season is year-round; however, most typhoons form from early July through mid-December.
Most typhoons scrape or strike places like the Philippines, Japan and Taiwan; they can also hit the Korean Peninsula, China and Vietnam, bringing damaging winds and storm surges.
Typhoons have also hit U.S. territories, causing billions of dollars in devastating damage to places like Guam, which was battered by Super Typhoon Mawar in May last year.
Where will it rain?
Flash flooding can occur well inland and away from the storm’s center. Even weaker storms can produce excessive rainfall that can flood low-lying areas.
Sources and notes
Tracking map Tracking data is from the National Hurricane Center. The map shows probabilities of at least 5 percent. The forecast is for up to five days, with that time span starting up to three hours before the reported time that the storm reaches its latest location. Wind speed probability data is not available north of 60.25 degrees north latitude. Precipitation map Data for multi-day forecasts or observed rainfall totals are from the National Weather Service. The 1-day forecast is from the National Oceanic and Atmospheric Administration.
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World
Excavations in Egypt unearth trove of ancient artifacts from its final dynasties
![Excavations in Egypt unearth trove of ancient artifacts from its final dynasties Excavations in Egypt unearth trove of ancient artifacts from its final dynasties](https://static.foxnews.com/foxnews.com/content/uploads/2024/08/AP24225506116486.jpg)
Excavations of dozens of tombs in the Nile Delta have unearthed a trove of ancient Egyptian artifacts, some going back nearly 2,500 years.
The artifacts include bronze coins, pottery, gold pieces, and other jewelry dating back to Egypt’s Late and Ptolemaic periods, the country’s Ministry of Tourism and Antiquities said.
This image provided by Egypt’s Supreme Council of Antiquities, shows artifacts which were discovered inside tombs at the Tell al-Deir necropolis, in the Nile Delta town of Damietta, about 125 miles north of Cairo, Egypt. (Egypt’s Supreme Council of Antiquities via AP)
The ministry said an Egyptian archaeological mission with the Supreme Council of Antiquities discovered the mud-brick tombs at the Tell al-Deir necropolis in Damietta.
Other items discovered include statues, funerary amulets and a pottery vessel containing 38 bronze coins dating back to the Ptolemaic period.
EXPLORERS UNEARTH ANCIENT ROMAN ARTIFACTS, SOME RELICS IDENTIFIED AS COUNTERFEITS
The Ptolemaic dynasty was Egypt’s last before it became part of the Roman Empire. The dynasty was founded around 300 B.C. after Alexander the Great of Macedonia took Egypt in 332 B.C.
![ANCIENT EGYPTIAN TOMBS](https://a57.foxnews.com/static.foxnews.com/foxnews.com/content/uploads/2024/08/1200/675/AP24225505015286.jpg?ve=1&tl=1)
In this image provided by Egypt’s Supreme Council of Antiquities, archeologists observe the site where they discovered 63 mud-brick tombs at the Tell al-Deir necropolis, in the Nile Delta town of Damietta, about 125 miles north of Cairo, Egypt. (Egypt’s Supreme Council of Antiquities via AP)
One of Alexander’s generals, Ptolemy, became Ptolemy I and leadership was handed down through his descendants before ending with Cleopatra.
Egypt exhibited artifacts from the Ptolemaic period for the first time in the Egyptian Museum in Cairo in 2018, with around 300 artifacts on display.
Experts are working to restore and classify the latest findings.
The Associated Press contributed to this report.
World
Officials at UN Security Council push for a permanent seat for Africa
![Officials at UN Security Council push for a permanent seat for Africa Officials at UN Security Council push for a permanent seat for Africa](https://www.aljazeera.com/wp-content/uploads/2020/09/356b849508f24315a9b9ef10890fa30e_18.jpeg?resize=1200%2C675)
UN Secretary-General Antonio Guterres urges reform, says the African continent is underrepresented in a changing world.
The United Nations chief has called for the UN Security Council (UNSC) to reform its outdated structure and assign Africa a permanent seat at the table, stressing that the continent is underrepresented.
Addressing the council on Monday during a high-level debate, Secretary-General Antonio Guterres said the composition of the UNSC has failed to keep pace with a changing world.
“We cannot accept that the world’s preeminent peace and security body lacks a permanent voice for a continent of well over a billion people … nor can we accept that Africa’s views are undervalued on questions of peace and security, both on the continent and around the world,” he said.
The 15-member UNSC consists of five permanent members with veto power – China, France, Russia, the United States and the United Kingdom – while the remaining 10 nonpermanent seats are allocated regionally.
The 10 seats include three seats for African states; two each for Asia-Pacific, Latin America and the Caribbean, and Western Europe and other states; and one for Eastern Europe.
In May, the UNSC called for the role of African countries to be strengthened in addressing global security and development challenges.
Today, I addressed the @UN Security Council on the urgent need for #UNSC reform, emphasizing the historical injustice of Africa’s underrepresentation.
We must reflect the world as it is, not as it was 80 years ago.
The credibility of the UN depends on meaningful change.
— UN GA President (@UN_PGA) August 12, 2024
UN General Assembly President Dennis Francis said at the debate that the UN must reflect the world as it is.
“The fact that Africa continues to be manifestly underrepresented on the Security Council is simply wrong, offending as it does both the principles of equity and inclusion,” he said.
“It runs counter to the principle of sovereign equality of states and calls for the urgency to reform this institution to reflect the world as it is now, rather than what it was nearly 80 years ago.”
A ‘favourable’ moment
Speaking at the UNSC, Sierra Leone President Julius Maada Bio said Africa demands two permanent seats in the UNSC and two additional nonpermanent seats.
.@PresidentBio of #SierraLeone speaking in the #UN Security Council regarding the historical injustice against #Africa and enhancing the continent’s effective representation in the #UNSC: “Africa demands two permanent seats in the UN Security Council and two additional… pic.twitter.com/bf2Ny6KdVB
— Rami Ayari (@Raminho) August 12, 2024
“The African Union will choose the African permanent members. Africa wants the veto abolished. However, if UN member states wish to retain the veto, it must be extended to all new permanent members as a matter of justice,” he said.
Carlos Lopes, a professor at the University of Cape Town who previously served as a high representative for the African Union (AU), told Al Jazeera that African attempts to have better representation aren’t new, but current geopolitics have made this current moment “quite favourable”.
“[There’s] a competition for Africa’s votes; Africa’s bloc has become much more difficult to actually align with one position or another,” Lopes said.
“The Africans have been able to navigate these geopolitical tensions very well. We have seen it with the membership of the G20 being expanded to include the African Union. Now it’s another attempt by the Africans to push the envelope and try to do it at the Security Council.”
World
Man United‘s Largest Institutional Shareholder Is Ariel—Again
![Man United‘s Largest Institutional Shareholder Is Ariel—Again Man United‘s Largest Institutional Shareholder Is Ariel—Again](https://www.sportico.com/wp-content/uploads/2024/08/GettyImages-1877049167-e1723474219531.jpg?w=1024)
Manchester United kicks off the Premier League season on Friday with a match against Fulham at Old Trafford. The Red Devils will take the field with a new front-of-jersey sponsor in Snapdragon, and a new largest institutional shareholder of its publicly traded stock.
A Monday SEC filing revealed Chicago-based Ariel Investments bought 3 million Man United shares since the end of March. It raised its stake to 8.3 million shares, or 15% of the outstanding total, up from 10%. Lindsell Train was the previous largest institutional holder at 7.1 million shares, or 13.5% of the total. Lindsell cut its stake by 7.6% during the quarter.
“Manchester United is a terrific franchise,” John Miller, portfolio manager at Ariel Investments, said in a May video interview with Sportico. “We know they have had difficulties lately, and this is the time where you really want to buy into it.”
Ariel first invested in Man United in 2021 when it purchased 6.6 million shares during the third quarter and added another 4.35 million over the following three months when it became Man United’s largest institutional shareholder. Ariel’s holding peaked at 12.3 million as of March 2022. It paid between $12 and $14 for most of its stake.
The firm sold nearly 3 million shares, or 26% of its then stake during the fourth quarter of 2022, as the stock spiked after the Glazer family, which controls the team via a class of supervoting shares, hired The Raine Group to explore “all strategic alternatives” for the 20-time English champions. Shares topped $23 in December.
Ariel continued to pare its United position before the club’s sale process concluded in February with Jim Ratcliffe paying £1.3 billion ($1.6 billion at the time) for 25% of the team. Ratcliffe paid $33 for 25% of the publicly traded shares.
“You know what the value is based on Ratcliffe’s purchase price,” Miller said. “Sports teams make long-term investments that will pay off in the long run, and that is what we are seeing with Manchester United.”
Manchester United shares on the New York Stock Exchange opened Monday at $16.81.
The club ranked first in Sportico’s annual list of the most valuable soccer teams at $6.2 billion and is looking to improve its on-field performance after it finished eighth last season, its worst showing since the launch of the Premier League in 1992.
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