The Daily Populous

Thursday August 15th, 2019 day edition

image for One of the richest people in Hong Kong has lost $1 billion over the course of the 10-week protests, and now he's joining the chorus of wealthy citizens calling for the protests to end

Several of the city's wealthiest citizens have had enough, including billionaire real-estate developer Peter Woo.

"It's time to think deeply," Woo, the former chairman of real estate developer Wheelock and Co. wrote in the Hong Kong Economic Journal on August 12, according to Bloomberg.

This one and only big appeal has already been accepted by the government, so this tree has fallen.".

Over $1 billion has been wiped off of Woo's personal net worth since the protests began, according to Bloomberg.

According to the Bloomberg Billionaire Index, Woo is the eighth-richest person in Hong Kong.

"Swire Pacific is deeply concerned by the ongoing violence and disruption impacting Hong Kong," the Hong Kong-based conglomerate said in the statement.

The company also said it supports law enforcement and Hong Kong Chief Executive Carrie Lam "in their efforts to restore law and order.". »

Man Accused of Shooting 6 Philly Police Officers During 7-Hour Standoff Surrenders

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What to Know A man accused of shooting six Philadelphia police officers during a standoff that lasted more than seven hours surrendered to police.

A man accused of shooting six Philadelphia police officers during a standoff that lasted more than seven hours has surrendered to police.

The suspect, identified by police as 36-year-old Maurice Hill of Philadelphia, then walked out of the home and was taken into custody by police. »

6 Philadelphia police officers shot; suspect surrenders after hourslong standoff

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EMBED >More News Videos Suspected gunman released from hospital on August 15, 2019, after standoff with Philadelphia police.

EMBED >More News Videos Philadelphia Police Commissioner Richard Ross provides update on active shooter incident on August 14, 2019.

EMBED >More News Videos Injured police officer helped to car in North Philadlephia shootout on August 14, 2019. »

'Climate change contrarians' receive 49 per cent more media coverage than scientists, US study finds

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"Climate change contrarians" are getting 49 per cent more media coverage than scientists who support the consensus view that climate change is man-made, a new study has found.

It's not newsworthy that, from year on year, 97 per cent of climate scientists still think that climate change is occurring.

It comes after a recent study of 12,000 peer-reviewed climate science papers found that 97 per cent of scientists believed climate change was occurring. »

Higher taxes on junk food, cigarettes, alcohol urged to fund health costs

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The funds would enable the government to increase this year’s healthcare budget of 124 billion pesos by 40%, he said.

Calvillo proposed lifting the IEPS excise tax on sugary drinks from 1 peso per liter to 2, explaining that an additional 13.4 billion pesos could be collected annually.

Junk food taxes should increase from 8% to 12%, he said, while those on beer should go up to 35% from 26%. »