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🔗 Finance & Investment 🔗 COVID-19 🔗 Economics

The 2020 stock market crash is a global stock market crash that began on 20 February, 2020. On 12 February, the Dow Jones Industrial Average, the NASDAQ Composite, and S&P 500 Index all finished at record highs (while the NASDAQ and S&P 500 reached subsequent record highs on 19 February). From 24 to 28 February, stock markets worldwide reported their largest one-week declines since the 2008 financial crisis, thus entering a correction. Global markets into early March became extremely volatile, with large swings occurring in global markets. On 9 March, most global markets reported severe contractions, mainly in response to the 2019–20 coronavirus pandemic and an oil price war between Russia and the OPEC countries led by Saudi Arabia. This became colloquially known as Black Monday I, and at the time was the worst drop since the Great Recession in 2008.

Three days after Black Monday I there was another drop, Black Thursday, where stocks across Europe and North America fell more than 9%. Wall Street experienced its largest single-day percentage drop since Black Monday in 1987, and the FTSE MIB of the Borsa Italiana fell nearly 17%, becoming the worst-hit market during Black Thursday. Despite a temporary rally on 13 March (with markets posting their best day since 2008), all three Wall Street indexes fell more than 12% when markets re-opened on 16 March. At least one benchmark stock market index in all G7 countries and 14 of the G20 countries have been declared to be in bear markets.

As of March 2020, global stocks have seen a downturn of at least 25% during the crash, and 30% in most G20 nations. Goldman Sachs has warned that the US GDP will shrink 29% by the end of the 2nd quarter of 2020, and that unemployment may skyrocket to at least 9%. Australian Prime Minister Scott Morrison has called the looming economic crisis 'akin to the Great Depression'.

🔗 Computing 🔗 Computing/Computer hardware 🔗 Computing/Software

Compute Express Link (CXL) is an open standard for high-speed central processing unit (CPU)-to-device and CPU-to-memory connections, designed for high performance data center computers. CXL is built on the PCI Express (PCIe) physical and electrical interface and includes PCIe-based block input/output protocol (CXL.io) and new cache-coherent protocols for accessing system memory (CXL.cache) and device memory (CXL.mem).

🔗 Astronomy 🔗 Time 🔗 Holidays 🔗 Festivals

The winter solstice, hiemal solstice or hibernal solstice, also known as midwinter, occurs when one of the Earth's poles has its maximum tilt away from the Sun. It happens twice yearly, once in each hemisphere (Northern and Southern). For that hemisphere, the winter solstice is the day with the shortest period of daylight and longest night of the year, when the Sun is at its lowest daily maximum elevation in the sky. At the pole, there is continuous darkness or twilight around the winter solstice. Its opposite is the summer solstice.

The winter solstice occurs during the hemisphere's winter. In the Northern Hemisphere, this is the December solstice (usually 21 or 22 December) and in the Southern Hemisphere, this is the June solstice (usually 20 or 21 June). Although the winter solstice itself lasts only a moment, the term sometimes refers to the day on which it occurs. Other names are "midwinter", the "extreme of winter" (Dongzhi), or the "shortest day". Traditionally, in many temperate regions, the winter solstice is seen as the middle of winter, but today in some countries and calendars, it is seen as the beginning of winter. In meteorology, winter is reckoned as beginning about three weeks before the winter solstice.

Since prehistory, the winter solstice has been seen as a significant time of year in many cultures, and has been marked by festivals and rituals. It marked the symbolic death and rebirth of the Sun. The seasonal significance of the winter solstice is in the reversal of the gradual lengthening of nights and shortening of days.

🔗 United States 🔗 Companies 🔗 Law 🔗 United States/Delaware

The Corporation Trust Center, 1209 North Orange Street, is a single-story building located in the Brandywine neighborhood of Wilmington, Delaware, USA, operated by CT Corporation, a subsidiary of Dutch multinational services firm Wolters Kluwer. This is CT Corporation's location in the state of Delaware for providing "registered agent services." In 2012 it was the registered agent address of at least 285,000 separate businesses.

Many companies are incorporated in Delaware for its business-friendly General Corporation Law and it was estimated in 2012 that 9.5 billion dollars of potential taxes had not been levied over the past decade, due to an arrangement known as the "Delaware loophole." Companies formed in Delaware are required to have an address in the state at which process may be served. Therefore, Delaware entities with no physical office in the state must have a registered agent with a Delaware address. Notable companies represented by CT at this location include Google, American Airlines, Apple Inc., General Motors, The Coca-Cola Company, Walmart, Yum! Brands, Verizon, and about 430 of Deutsche Bank's more than 2,000 subsidiary companies and special purpose companies. Both Former President of the United States Donald Trump, and his opponent in the 2016 United States presidential election, Hillary Clinton, have registered companies at the center.

🔗 Trains 🔗 Bridges and Tunnels

The Gotthard Base Tunnel (GBT; German: Gotthard-Basistunnel, Italian: Galleria di base del San Gottardo, Romansh: Tunnel da basa dal Son Gottard) is a railway tunnel through the Alps in Switzerland. It opened on 1 June 2016, and full service began on 11 December 2016. With a route length of 57.09 km (35.5 mi), it is the world's longest railway and deepest traffic tunnel and the first flat, low-level route through the Alps. It lies at the heart of the Gotthard axis and constitutes the third tunnel connecting the cantons of Uri and Ticino, after the Gotthard Tunnel and the Gotthard Road Tunnel.

The link consists of two single-track tunnels connecting Erstfeld (Uri) with Bodio (Ticino) and passing below Sedrun (Graubünden). It is part of the New Railway Link through the Alps (NRLA) project, which also includes the Ceneri Base Tunnel further south (scheduled to open late 2020) and the Lötschberg Base Tunnel on the other main north–south axis. It is referred to as a "base tunnel" since it bypasses most of the existing Gotthard railway line, a winding mountain route opened in 1882 across the Saint-Gotthard Massif, which was operating at its capacity before the opening of the GBT. The new base tunnel establishes a direct route usable by high-speed rail and heavy freight trains.

The main purpose of the Gotthard Base Tunnel is to increase local transport capacity through the Alpine barrier, especially for freight, notably on the Rotterdam–Basel–Genoa corridor, and more specifically to shift freight volumes from trucks to freight trains. This both significantly reduces the danger of fatal road crashes involving trucks, and reduces the environmental damage caused by heavy trucks. The tunnel provides a faster connection between the canton of Ticino and the rest of Switzerland, as well as between northern and southern Europe, cutting the Basel/Zürich–Lugano–Milan journey time for passenger trains by one hour (and from Lucerne to Bellinzona by 45 minutes).

After 64 percent of Swiss voters accepted the NRLA project in a 1992 referendum, first preparatory and exploratory work began in 1996. The official start of construction began on 4 November 1999 at Amsteg. Drilling operations in the eastern tunnel were completed on 15 October 2010 in a breakthrough ceremony broadcast live on Swiss TV, and in the western tunnel on 23 March 2011. The tunnel's constructor, AlpTransit Gotthard AG, originally planned to hand over the tunnel to Swiss Federal Railways (SBB CFF FFS) in operating condition in December 2016 but, on 4 February 2014, the handover date was changed to 5 June 2016 with the start of an 850-day opening countdown calendar on the AlpTransit homepage. As of 1998, the total projected cost of the project was CHF 6.323 billion; as of December 2015, the final cost is projected as CHF 9.560 billion. Nine people died during construction.

🔗 United States 🔗 Media 🔗 Popular Culture 🔗 Georgia (U.S. state) 🔗 United States/United States Presidents 🔗 Animals in media

The Jimmy Carter rabbit incident, sensationalized as the "killer rabbit attack" by the press, involved a swamp rabbit (Sylvilagus aquaticus) that swam toward then-U.S. President Jimmy Carter's fishing boat on April 20, 1979. The incident caught the imagination of the media after Carter's press secretary, Jody Powell, mentioned the event to a correspondent months later.

Political opponents argued that the incident was symbolic of Carter's purported weakness. According to Powell, anti-Carter political commentators went so far as to blame it for the Soviet invasion of Afghanistan and the Iran hostage crisis.

🔗 United States 🔗 Biography 🔗 Aviation 🔗 Aviation/Aviation accident 🔗 Oregon 🔗 Aviation/aerospace biography 🔗 United States/FBI 🔗 Crime and Criminal Biography

D. B. Cooper is a media epithet used to refer to an unidentified man who hijacked a Boeing 727 aircraft in United States airspace between Portland, Oregon, and Seattle, Washington, on the afternoon of November 24, 1971. He extorted $200,000 in ransom (equivalent to $1,278,000 in 2020) and parachuted to an uncertain fate over southwestern Washington. The man purchased his airline ticket using the alias Dan Cooper but, because of a news miscommunication, became known in popular lore as D. B. Cooper.

The FBI maintained an active investigation for 45 years after the hijacking. Despite a case file that grew to over 60 volumes over that period, no definitive conclusions were reached regarding Cooper's true identity or fate. The crime remains the only unsolved air piracy in commercial aviation history.

Numerous theories of widely varying plausibility have been proposed over the years by investigators, reporters, and amateur enthusiasts. $5,880 of the ransom was found along the banks of the Columbia River in 1980, which triggered renewed interest but ultimately only deepened the mystery. The great majority of the ransom remains unrecovered.

The FBI officially suspended active investigation of the case in July 2016, but the agency continues to request that any physical evidence that might emerge related to the parachutes or the ransom money be submitted for analysis.

🔗 BBC 🔗 Libraries 🔗 Education

The BBC Domesday Project was a partnership between Acorn Computers, Philips, Logica and the BBC (with some funding from the European Commission's ESPRIT programme) to mark the 900th anniversary of the original Domesday Book, an 11th-century census of England. It has been cited as an example of digital obsolescence on account of the physical medium used for data storage.

This new multimedia edition of Domesday was compiled between 1984 and 1986 and published in 1986. It included a new "survey" of the United Kingdom, in which people, mostly school children, wrote about geography, history or social issues in their local area or just about their daily lives. Children from over 9,000 schools were involved. This was linked with maps, and many colour photos, statistical data, video and "virtual walks". Over 1 million people participated in the project. The project also incorporated professionally prepared video footage, virtual reality tours of major landmarks and other prepared datasets such as the 1981 census.

🔗 Maps 🔗 Photography

The Boston Camera, also known as Pie Face and officially classified as the K-42 Camera Model, was a prototype airborne photo reconnaissance camera manufactured for the United States Air Force by Boston University in 1951 and tested on the Convair B-36 and the C-97 Stratofreighter. The model carried on the first ERB-36D (44-92088) had a 6,096-millimetre (240.0 in) focal length, which was achieved using a series of lenses and mirrors. The lens had an f/8 stop and used a 1/400 second shutter speed, and could photograph a golf ball from an altitude of 45,000 feet (14,000 m) feet. The camera used 18-by-36-inch (46 by 91 cm) negatives. The camera was installed aboard Boeing C-97A 49-2592 (not an "RC-97" or "EC-97" as often widely quoted) which was used operationally by the 7405th Support Squadron based at Wiesbaden, West Germany between 1952 and 1962. It was given to the Air Force Museum in 1964, along with a contact print of a golf ball on a course.

In the words of CIA historian Dino Brugioni:

The lens was designed in 1947 by Dr. James Baker for installation in a camera designed by the Boston University Optical Research Laboratory. The camera weighed about three tons, and eight hundred pounds of lead shot were required to balance it. Supposedly, it was first installed and test-flown in an RB-36, then installed as a left-looking oblique camera in an RC-97. The first photo Arthur Lundahl and I saw from this project was of New York City. The aircraft was seventy-two miles away, and yet we could see people in Central Park.

The Boston Camera was plagued with problems that caused it to vibrate and produce smearing on the newspaper-sized negative, so that photo interpreters would see several smeared frames along with several clear ones. It is currently displayed at the National Museum of the US Air Force in Dayton, Ohio.

From the display placard:

This camera, manufactured for the US Air Force by Boston University in 1951, is the largest aerial camera ever built. It was installed in an RB-36D in 1954 and tested for about a year. Later it was used in a C-97 aircraft flying along the air corridor through communist East Germany to Berlin, but a 10,000 ft (3,000 m) altitude restriction imposed by the communists made the camera less useful than at a higher altitude. It was also used on reconnaissance missions along the borders of Eastern European nations. The camera made an 18 x 36 inch negative and was so powerful a photo interpreter could detect a golf ball from an altitude of 45,000 feet (14,000 m). Dr. James Baker of Harvard University designed the camera.

Technical Notes:

Shutter Speed: 1/400 sec

Weight: 6,500 lbs (3 metric ton) (camera and aircraft mount)