|By Ryan Lynch
Today is April 13. Below are some of the stories grabbing headlines this morning. I hope you share this briefing as doing so will make you the smartest person in the room.
1. REVEALED: Leaker who posted top secret Pentagon documents in a Discord group ‘works at a military base and is in his 20s’ – as close friend describes him as ‘fit, strong, armed and trained… like something out of a crazy movie’
Two members of the chat room, known as ‘Thug Shaker Central’, described to The Washington Post the person who had shared the documents.
‘He’s fit. He’s strong. He’s armed. He’s trained. Just about everything you can expect out of some sort of crazy movie,’ one of the members said.
He described him as ‘a young, charismatic man who loves nature, God, shooting guns and racing cars.’
Ryan Lynch: Do you believe leaking the documents was the wrong thing to do?
2. Trump arrives in Manhattan ahead of deposition in New York Attorney General Letitia James’ case
In September, James accused Trump and three of his children of fraud and filed a lawsuit in New York State court in Manhattan. Thursday’s deposition is expected to lay out evidence that the Trumps acted intentionally to misrepresent the values of real estate properties to obtain favorable loans and tax benefits, according to Reuters.
In a series of posts on Truth Social, Trump called the lawsuit “another unjust & ridiculous persecution of The 45th President of the United States.”
Ryan Lynch: We all know Trump is innocent. I’m not worried.
3. Airlines, repair shops in North America rely on used, generic parts to keep aircraft flying
These alternatives to new parts made by the original manufacturer must be certified and deemed safe. While they account for a fraction of the estimated $35 billion spent annually on components for repairs, sales are growing, analysts and executives say.
Driving demand is the struggle aerospace suppliers face to fill new orders as air traffic soars and the supply chain for aircraft parts recovers from the COVID-19 pandemic, when labor shortages and lockdowns slowed production.
Ryan Lynch: On top of this, we have pilots fainting and having cardiac arrests before, during, and after flights. I don’t think I will be flying for quite some time.
4. Russia digitizes draft system to target dodgers; World Bank announces $200 million for Ukraine repairs
Talks are underway at the World Bank and International Monetary Fund in Washington, D.C., concerning recovery and aid financing for Ukraine. The World Bank announced $200 million in financing as part of an emergency repair fund for Ukraine’s energy infrastructure, which has come under repeated attack by Russian forces.
The bloody battle for the eastern city of Bakhmut continues, with Russian forces gaining more ground and claiming to have the city almost entirely surrounded. Ukrainian commanders reject that claim.
Ryan Lynch: I wonder what currency the World Bank will use in its financing and it looks like Russia is getting desperate.
5. Commercial real estate industry on edge as downtown empty office space goes unused
Many downtown buildings are owned by investment firms who rely on bank loans. But with businesses not renting as much office space and rising interest rates, some worry these firms may not have the money to pay back the banks.
According to CBRE Global Commercial Real Estate Services, in New York City there has been a 7.6% increase in empty office space since the pandemic. In Seattle, an 8.2% increase and in San Francisco, a whopping 25.4% increase.
Ryan Lynch: The “experts” will blame it on workers’ preference to work from home. I think it’s the slowing of United States businesses. Thank Magoo.
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