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"I spent thirty-three years in the Marines, most of my time being a high class muscle man for Big Business, for Wall Street and the bankers. In short, I was a racketeer for capitalism." -- General Smedley Butler, former US Marine Corps Commandant,1935
An out-of-control satellite is hurtling towards Earth, nearly three decades after it first launched.
The ERS-2 satellite, which served as an observation platform, is expected to enter the Earth’s atmosphere at some point on Wednesday.
The European Space Agency (ESA) said the risks associated with the two-tonne satellite are “very low”, however there is still a chance that fragments could hit populated areas.
Mirko Albani from ESA’s Earth Observation Ground Segment Department said: “It’s worth highlighting that none of the elements that might re-enter the atmosphere (and reach the surface) are radioactive or toxic.”
The predicted time for the satellite entering the Earth’s atmosphere was 3.49pm GMT (10.49 EST) on Wednesday, however a window of uncertainty means it is more likely to fall closer towards 5.30pm.
One noteworthy event is Jeff Bezos’ substantial sell-off of Amazon shares, cashing out a staggering $8.5 billion. Bezos, who founded Amazon, had planned to sell up to 50 million shares until January next year, as disclosed in Amazon’s annual report.