News Roundup, February 17

Good morning, today is Friday, February 17th and here are the stories that interest me.

Patches of drizzle has started to fall in the Christchurch area hit by a severe spat of wildfires this week. The fires have consumed 11 homes and forced the evacuation of over 450 people outside Christchuch with officials saying it could be a fortnight before the fires are completely put out.

In Antarctica, a Iceberg the size of Manhattan has split off the Pine Island Glacier. The Glacier, which has seen a number of calving incidents in recent years, is small compared to the massive event in 2015. However, it does point to an increasingly rapid deterioration of the glacier itself. Ocean water is seemingly melting the glacier from the inside out sparking concerns of a greater ice shelf collapse in the future.

Argentine President Mauricio Macri faces accusations in court after the government forgave 296 million Argentinian Pesos of debt from family owned corporations. The postage company, privatized to the Marci family, only to be re-nationalized years later when the company refused to pay fees, had been in court for over a decade.  The Government agreed to accept a debt repayment of only 1.18% of the current debt. Marci, who became President in 2015, turned over his shares to his children prior to becoming President.

Venezuela has cut off CNN from the airwaves after a report from the news service implicated  Venezuelan Vice-President Tareck El Aissami to the granting passports, including to members of the Lebanese group Hezbollah, which is designated a terrorist group by the US and other Western powers. this comes as increased tensions between the US and Venezuela with the US treasury sanctioning El Aissami for allegedly Drug Trafficker. For now, CNN is airing its content on YouTube for free in the country.

I hope everyone has a good day.

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