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Thursday, April 18, 2024

Columbia provocateur arrested for repeatedly hitting officer, cops say

 A protester at Columbia University was arrested Wednesday night for repeatedly hitting and scratching an NYPD cop, according to law enforcement officials. 

At least three other people were detained as the ongoing anti-Israeli movement turned violent at the Ivy League university, cops and sources said Thursday.  

Christopher Briones, 30, allegedly got in the way of cops trying to arrest someone else on the Morningside Heights campus around 11:30 p.m. Wednesday and repeatedly exclaimed, “De arrest!” law enforcement sources told The Post. 

He then struck and scratched the cop on the arm, causing cuts, the sources said. 

At least three people have been arrested in connection with the ongoing tent protest on Columbia University’s Morningside campus.Jon farina / Status Coup News

Briones was charged with assault on a police officer, resisting arrest and obstructing governmental administration, authorities said. 

Jessica Knapp, 35, was busted when cops spotted her waving a 15-foot pole — and disobeyed orders to put it down, police said. 

“You can’t have that object at a protest,” a police spokesperson said, adding that Knapp was charged with resisting arrest and reckless endangerment. 

Miranda Levine, 26, was also charged with resisting arrest and obstructing governmental administration during the protest, cops said. 

A minor was briefly taken into custody, but then released to their guardian without being formally arrested and charged, according to police. 

Another group of protesters may have also been taken into custody early Thursday morning, footage circulating online showed.

Christopher Briones, 30; Jessica Knapp, 35; and Miranda Levine, 26 were all taken into custody Wednesday, authorities told The Post.Jon farina / Status Coup News
All three were hit with resisting arrest charges, while one was also charged with assault on a police officer, obstructing governmental administration, assault, and harassment.Jon farina / Status Coup News

“Why are you doing this to me, I’m just standing on the sidewalk?” one person standing outside the campus gates at 116th Street and Broadway can be heard yelling at officers in a dramatic video shared by Status Coup News on X.

Multiple people wearing Palestinian keffiyehs were seen being grabbed by NYPD officers who appeared to be holding zip ties or other restraints, the footage showed.

“First they waited, then they started whispering  and pointing and then the came over and target some people and arrested them,” a male witness told The Post.

Multiple people wearing Palestinian keffiyehs were seen being grabbed by NYPD officers who appeared to be holding zip ties or other restraints, the footage showed.Jon farina / Status Coup News
The Columbia University campus on Thursday morning, April 18, 2024.Robert Miller

“They tackled one to the ground.  There were two guys and three girls,” he added

“The cops were aggressive. I don’t know why. It took 20 cops to arrest four people,” another protester said.

The protestors looked like they were behind a barricade on the sidewalk when the cops descended, witnesses said.

One woman claimed that she asked an officer why the group was being arrested and they replied “I don’t even know.”

Columbia University students protesting in the quad overnight.@ColumbiaSJP

Another video showed what looked like at least one person being loaded onto an NYPD Department of Corrections van outside the main gates.

The Columbia demonstration sprung up in the early hours of Wednesday, with hundreds of students protesting around almost 60 tents on the lawn outside Butler Library.

The protesters waved signs and chanted to demand that university officials divest from Israel in light of the ongoing war in the Gaza Strip.

“Israel is a s–t state,” some bellowed on Thursday. “Israel is a fake state.”

Other chants included, “Brick by brick, wall by wall, Israel will fall,” “Brick by brick, wall by wall, Zionism will fall,” and “Israel, Israel what do you say, how many kids did you kill today?”

The showing was undeterred by the overnight rainstorm.

“They slept there.  In spite of the rain they stayed there overnight.  I think they are now occupying a different field  as well,” a protester told The Post.

“There are two fields now because there’s a lot and they wanted to protect the ones that were originally there so they have started sleeping in other parts of the campus as well,” they explained.

People from around the university neighborhood were donating food to the protesters inside the tents, who periodically emerged onto the lawn.

NYPD Chief of Patrol John Chell, joined by Deputy Commissioner of Operations Kaz Daughtry, strolled onto the campus through the Broadway and West 118th Street entrance. 

“What’s up guys, how are you?” he greeted some officers on his way. 

https://nypost.com/2024/04/18/us-news/4-anti-israel-protesters-including-1-minor-arrested-on-columbia-university-campus/

NYPD begins arresting Columbia anti-Israel protesters after president tells cops to clear campus

 The president of Columbia University made the bombshell decision to authorize NYPD to clear the student encampment protest from campus Thursday afternoon.

In her email to the community, Minouche Shafik wrote that she hoped the move would “never be necessary.”

NYPD takes position on Columbia University’s campus.Robert Miller
Protesters on Columbia University fill the grounds.Robert Miller
NYPS cops and protesters face off at the scene.Robert Miller

Shortly after 1 p.m., hoards of cops in riot gear descended on the Morningside Heights campus and surrounded the encampment, which had been set up since early Wednesday morning.

Police started to arrest those at the scene, and blocked off 114th and 115th Streets south of the campus’ main entrance.

Several lines of officers equipped with riot gear helmets were seen walking down Broadway south of 116th Street, a short distance from the campus gates, video footage captured by The Post showed.

At least six NYPD corrections buses were also parked near the scene.

https://nypost.com/2024/04/18/us-news/nypd-cops-enter-columbia-after-university-warns-anti-israel-protesters-to-clear-out/

Omar daughter suspended from Barnard for role in anti-Israel protests

 Minnesota Rep. Ilhan Omar’s daughter, Isra Hirsi, revealed Thursday she has been suspended from Barnard College over her involvement in anti-Israel protests on Columbia University’s campus.

“I’m an organizer with CU Apartheid Divest @ColumbiaSJP, in my 3 years at @BarnardCollege I have never been reprimanded or received any disciplinary warnings,” the 21-year-old wrote on X.

“I just received notice that I am 1 of 3 students suspended for standing in solidarity with Palestinians facing a genocide.”

Isra Hirsi and her mom Ilhan Omar seen in an Instagram photo.
Isra Hirsi and her mom Ilhan Omar seen in an Instagram photo.Instagram
Ilhan Omar's daughter was suspended from Barnard College.
Ilhan Omar’s daughter was suspended from Barnard College.AFP via Getty Images
Hirsi and the two other students – identified as Maryam Iqbal and Soph Dinu — received notice of their suspension from Barnard Dean, Leslie Grinage, first thing Thursday morning, the Apartheid Divest said in a statement.

“This decision is based on information received from Columbia University Public Safety that you have been involved in an unauthorized encampment on the Columbia University campus and you have not ceased participation in this unauthorized encampment despite repeated requests from Barnard and Columbia on April 17, 2024 that you do so,” the dean’s email read, according to the student group.

Hirsi’s suspension comes after at least three people were arrested overnight in connection with the ongoing tent protest on the Ivy League school’s Morningside campus.

The Barnard junior — who is one of three children Rep. Omar shares with her ex-husband Ahmed Hirsi – had shared footage of herself participating in the controversial protest a day earlier, calling it a “huge historic moment.”

In a follow up tweet revealing her suspension, a defiant Hirsi said protestors “will not be intimidated.”

“We will stand resolute until our demands are met. Our demands include divestment from companies complicit in genocide, transparency of @Columbia’s investments and FULL amnesty for all students facing repression,” she wrote.

Hirsi, who describes herself on X as an “angry black girl,” has fired off a barrage of tweets as the school’s anti-Israel protests rage on, including one posted by her mom, saying she was “in solidarity” with rallying students.  

Omar, a progressive Democrat, was booted by Republicans from the powerful Foreign Affairs Committee in February last year over her anti-Semitic comments. 

https://nypost.com/2024/04/18/us-news/ilhan-omars-daughter-suspended-from-barnard-college-for-her-involvement-in-anti-israel-protests/

'Saudi Arabia Needs Oil Price Near $100, IMF Says'

 

Saudi Arabia will need a higher oil price than previously thought this year as the OPEC+ leader spearheads the group’s production cuts, according to the International Monetary Fund.

Riyadh will require an average oil price of $96.20 a barrel to balance its budget, assuming it holds crude output steady near 9.3 million barrels a day this year, the Washington-based Fund said in its regional economic outlook on Thursday.

https://www.bloomberg.com/news/articles/2024-04-18/saudi-arabia-needs-oil-price-near-100-amid-opec-cuts-imf-says

Elevance's higher premiums keep costs under control, boost quarterly profit

 Elevance Health on Thursday reported quarterly profit above Wall Street estimates and slightly raised its annual earnings forecast, as higher premiums from commercial insurance plans helped keep medical costs in check.

Shares of the health insurer rose more than 3% to $525 in premarket trading.

Health insurers have struggled in recent quarters with high medical costs due to robust demand for medical care among older adults.

Compared to rivals UnitedHealth and Humana, Elevance is less exposed to government-backed Medicare Advantage (MA) plans for people aged 65 and older and banks more on commercial and Medicaid health plans.

Medicaid insurance plans, backed by state governments, help cover medical care costs for people with limited income and resources.

The lower exposure to Medicare Advantage plans has helped keep Elevance's costs under control, with Medicare members making up only 6.3% of Elevance's total memberships as of March 2024.

The insurer's commercial plan memberships grew 2.1% to 27.45 million at the end of the first quarter and helped partially offset a loss of members in its Medicaid plans.

The shift in memberships from Medicaid plans to its profit-yielding commercial plans and "manageable" medical costs helped drive Elevance's profit, Morningstar analyst Julie Utterback said, adding that the company is likely to benefit from the membership shift through 2025.

"We think investors will appreciate these results and outlook," Utterback said.

Elevance's quarterly revenues from premiums was $35.7 billion, above analysts' expectations of $35.54 billion.

The company's medical loss ratio, the percentage of claims paid to premiums collected, was 85.6% for the first quarter. Analysts had expected a ratio of 85.97%, according to LSEG data.

Elevance now expects annual adjusted profit to be greater than $37.20 per share, compared with its previous forecast of more than $37.10 per share.

On an adjusted basis, Elevance made a profit of $10.64 per share for the quarter, above analysts' estimates of $10.53 per share.

https://finance.yahoo.com/news/1-elevance-beats-first-quarter-101730133.html

UnitedHealth unit Change Healthcare faces issue processing some medical claims

 UnitedHealth Group said on Thursday it had resolved an issue that had hampered processing of batches of medical claims for some customers of its technology unit, Change Healthcare.

A fix has been implemented and is being monitored to ensure operability, Change operator Optum, said in a statement, before confirming the issue was resolved.

A spokesperson for Optum told Reuters the incident may have affected "a small subset and customers may have already been communicated", and that the company will provide more information when it has any.

It was not clear if the latest incident was related to a widespread hack in February or the resolution process following the attack.

The company was still working on resuming operations that were disrupted by the February hack, and on Tuesday said it expects a hit of up to $1.6 billion this year from the cyber attack.

https://finance.yahoo.com/news/unitedhealth-unit-change-healthcare-faces-140003238.html

SAAB CEO Says Rising War Risk Drives Defense Spending; Missile Stocks In Bull Market

 Let's start with these five most recent headlines that show why defense spending needs to increase in a world evolving into a multi-polar state marked by conflict and uncertainty:

Saab CEO Micael Johansson, who spoke with Bloomberg TV on the sidelines of the European Defence & Security summit in Brussels on Wednesday, expanded more on the risks of escalating conflict in Eastern Europe and the Middle East and how uncertainty will drive defense spending higher. 

Bloomberg's Oliver Crook asked Saab CEO Johansson: "I just want to start with the sort of latest developments that we saw from Iran and Israel and the attacks. Do you think that that is going to encourage even more spending, or do you think it changes things in the defense industry, or is this more of the kind of story that we've been seeing unfold?" 

Johansson responded, "Well I think it's um the political focus on what sort of where the threat environments is in the world will of course change a bit. I'm more worried that the the focus on the war in Ukraine will sort of disappear and that uh that wouldn't be good." 

"I think all tensions, all threat environments, and the political tensions that happen now will definitely drive defense spending. It's hard to say whether this sort of what's happening in the Middle East now will ultimately result in even more defense spending. But I think right now, the focus on Ukraine versus the Middle East is worrying me," he continued. 

Crook then asked: "It's hard to get exact figures on this, but I saw some reporting saying that you know - much has been made as Israel's very successfully shooting down these 300 drones and missiles - though the cost approximate associated with that was sort of $600 million. And I saw that's 2 million per drone - and the economics of that if you have a prolonged conflict doesn't really work. So, as a defense company, how do you think about this? How do you solve that problem?" 

Before Johansson responds, let's introduce readers to Saab, a Swedish aerospace and defense company that supplies NATO countries and allies with missiles and bombs. Some of those weapons include anti-ship missiles, anti-drone missiles, and anti-tank missiles. 

Back to Johansson's response: "You have to take them out with the systems you have, but over time this will change. I think it'll become more efficient, and we're all putting research into this." 

He also reiterates that Europe must boost its military-industrial complex manufacturing capacity to reduce its reliance on weapon imports from outside the EU. 

Here's the interview. 

Early this year, military think tank International Institute of Strategic Studies said global defense spending jumped 9% to a record $2.2 trillion in 2023, driven mostly by heightened geopolitical tensions caused by the Russia-Ukraine conflict. 

In March, former Allied Commander at NATO, Adm. James Stavridis, told Goldman Sachs' Allison Nathan, "In my career, I've never seen a higher level of maritime risk than I do today. That owes first and foremost to the return of great power competition, which we thought was basically over when the Soviet Union collapsed." 

And now, risks of further escalation between Israel and Iran have driven global defense stocks to fresh record highs.  

Johansson is correct. The defense industry is in a bull market. War = moar money for the military-industrial complex. 

https://www.zerohedge.com/military/saab-ceo-says-rising-war-risk-drives-defense-spending-missile-stocks-bull-market