Latest news with #FAFO
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First Post
12 hours ago
- First Post
Indian-origin man on life support in Australia after cops kneel on neck: What happened?
Gaurav Kundi, a 42-year-old man of Indian origin in Australia, is on life support after police allegedly knelt on his neck during an attempted arrest. Kundi was pinned to the ground as his partner, Amritpal Kaur, repeatedly said he had done nothing wrong. His family claims excessive force was used, leaving him with serious injuries to his brain and neck. The incident draws parallels with the 2020 killing of George Floyd in the US, who died after a police officer knelt on his neck during an arrest read more The 42-year-old man of Indian origin is currently on life support. Image: X A 42-year-old man of Indian origin is in hospital in Australia after police officers allegedly knelt on his neck while trying to arrest him. The incident has drawn comparisons to the 2020 killing of George Floyd , the African-American man who died after being held down by a white police officer pressing his knee on Floyd's neck during an arrest in the US. Notably, the Indian-origin man, identified as Gaurav Kundi, was pinned to the ground while his partner, Amritpal Kaur, kept insisting he had done nothing wrong. STORY CONTINUES BELOW THIS AD ALSO READ | Who is Faizan Zaki, the Indian-origin winner of the Scripps National Spelling Bee? So, who is Gaurav Kundi, and why were the police trying to arrest him? How did Amritpal react to the violent arrest? What are the latest updates in the case? Let's get you the answers to these questions and more. Who is Gaurav Kundi? What happened? The 42-year-old man of Indian origin is currently on life support at the Royal Adelaide Hospital following the incident in Adelaide's eastern suburbs. His family alleges that police used too much force while arresting him, which has left him with serious injuries to his brain and neck. According to his partner, Amritpal Kaur, the incident took place on Payneham Road. She said a police patrol stopped after mistaking their loud argument for a domestic violence case. 'I've done nothing wrong,' Kundi is heard saying in a video, while Kaur records the scene and insists police are behaving unfairly. FAFO moment for Gaurav kundi Drunk abusive menace Indian in Australia suspected assaulting his girlfriend & being a nuisance in public FAFO NOW DEPORT HIM — JOE 🇦🇺 (@TO_VICTORY_WFP2) June 3, 2025 FAFO moment for Gaurav kundi Drunk abusive menace Indian in Australia suspected assaulting his girlfriend & being a nuisance in public FAFO NOW DEPORT HIM — JOE 🇦🇺 (@TO_VICTORY_WFP2) June 3, 2025 STORY CONTINUES BELOW THIS AD Kundi, who is a father of two, lost consciousness after being taken to the ground. Kaur claims that an officer drove a knee into his neck, similar to the way George Floyd died during an arrest in the United States in 2020, local media reported. Video footage published by 9News shows Kundi on the ground while Kaur films and shouts that the officers' actions were 'unfair'. Kaur said she stopped recording when one of the officers allegedly knelt on Kundi's neck. 'Just 19 seconds video because I got panicked and I just sit on the ground with Gaurav,' she told the outlet. Another video reportedly shows Kundi lying unresponsive. 'I was keep saying he's not well, he's not well please don't do this, just call the ambulance,' she said. 'Doctors are saying his brain is totally damaged. Maybe he will wake up if brain works, or maybe he will not,' she added. STORY CONTINUES BELOW THIS AD Local media has reported that Kundi had been drinking before he left home and started walking along Payneham Road. Footage shows him lying on the ground as Kaur approaches. 'I just go out and follow him. What are you doing here? Let's get back home. You are drunk. You are not well. We will go home,' she recalled telling him. 'He just pushed me a little bit. You get aside, I can walk.' Kaur believes that this minor push may have drawn the attention of the police patrol. 'The policeman think he's assaulting me and doing domestic violence on the road but policeman is wrong,' she told 9News. 'He is just drunk and that's why he is loud, nothing else.' ALSO READ | 'Indians are bad': How 67-year-old nurse was brutally attacked by patient in US hospital What police officials said on the case South Australian Police Commissioner Grant Stevens defended the officers involved in Gaurav Kundi's arrest, telling 9News that bodycam footage showed they followed their training. According to police, Kundi resisted arrest aggressively after leaving home drunk and arguing with his wife. 🚨 'I've done nothing wrong!' — Gaurav Kundi's plea moments before collapse. A South Australia Police arrest has left the 42-year-old Indian-origin father-of-two in critical condition with suspected brain damage. Footage shows him being forced to the ground as his partner cries,… — The Australia Today (@TheAusToday) June 2, 2025 STORY CONTINUES BELOW THIS AD Officers believed it was a case of domestic violence, but Kundi insisted he was only drunk and loud, not violent. Acting Assistant Commissioner John DeCandia said he was 'comfortable' with the officers' actions based on what the early evidence shows, though an investigation is ongoing. South Australia Premier Peter Malinauskas also backed the police, saying they have a 'really difficult job' and should be supported. The arrest has sparked fresh debate over police accountability and the use of force during arrests. No charges have been laid so far, and the investigation continues, while Amritpal Kaur remains by Kundi's side in hospital. Why the case is being compared to George Floyd's death Amritpal Kaur said she stopped recording when an officer drove a knee into Gaurav Kundi's neck, drawing comparisons to the 2020 case of George Floyd in the United States. Floyd, a 46-year-old Black man, died after white police officer Derek Chauvin knelt on his neck for more than nine minutes during an arrest, even as Floyd repeatedly said, 'I can't breathe.' Floyd was handcuffed and repeatedly said he could not breathe. Reuters/File Photo The incident was recorded by a bystander on a phone camera. STORY CONTINUES BELOW THIS AD Floyd's death in Minneapolis led to massive protests across the US and around the world, calling for an end to racism and police brutality. Chauvin was later convicted of murder and sentenced to 22 years in prison. Other officers present during the arrest were also found guilty for not stepping in to stop the incident.
Yahoo
2 days ago
- Business
- Yahoo
TACO to FAFO: The secret insults investors are using to poke fun at Trump's policies
MAGA President Donald Trump might be known for his snappy acronyms, but now investors are using four-letter descriptors of their own to discuss Trump-era trade policies. Trump's shorthand for his administration's cost-cutting arm DOGE, the Department of Government Efficiency, as well as the slogan driving his public health department, 'Make America Healthy Again,' have become familiar jargon. Now, with the president's fixation on tariffs, Wall Street investors have developed their own abbreviations for Trump's trade policies. Asked about the acronyms, a White House spokesperson told Reuters: "These asinine acronyms convey how unserious analysts have consistently beclowned themselves by mocking President Trump and his agenda that've already delivered multiple expectation-beating jobs and inflation reports, trillions in investment commitments, a historic UK trade agreement, and rising consumer confidence." ICYMI: Here are some of the latest terms. Some Wall Street traders have started using TACO — short for 'Trump Always Chickens Out' — a term coined by Financial Times columnist Robert Armstrong to describe the president's pattern of implementing trade policy threats that are likely to cause the market to tumble before he inevitably walks back on that policy, leading to a market rebound. For example, his so-called 'Liberation Day' tariffs caused the markets to hit historic lows before he ordered a 90-day pause one week later, leading to record highs. This week, when asked about the acronym, the president replied: 'That's a nasty question. To me, that's the nastiest question.' Viktor Orbán, the Hungarian Prime Minister and Trump ally, co-opted Trump's MAGA slogan last year, but added a European spin to it: 'Make Europe Great Again.' Now, investors have given the phrase yet another meaning. European stocks have outperformed their American counterparts as economic uncertainty reigns in the U.S., prompting some investors to choose to put their money in European interests rather than American. Some analysts have predicted that China could start exporting its goods to Europe, which could lower prices there, as tensions between China and the U.S. remain high. "It seems that MEGA trades are now rapidly replacing MAGA trades, which have lost their appeal," Mark Dowding, CIO at RBC's BlueBay fixed income team, told Reuters. Trump himself has actually used this four-letter term, which stands for 'F*** around and find out.' It's usually used to mean there will be consequences to one's actions. In January, after Columbia blocked the U.S.'s deportation flights, Trump posted a moody AI-generated image of himself wearing a fedora next to a sign reading: 'FAFO.' After the president threatened hefty levies, Columbia reversed course, prompting the Times of London to dub the exchange a 'FAFO diplomacy.' Some investors are also using the acronym to describe the market turbulence caused by Trump's sweeping trade policies, according to Reuters. Mark Spindel, chief investment officer of Potomac River Capital LLC, likened the stock market to being caught in a "pinball machine as a result of that policymaking process." Standing for 'Make America Go Away,' a report is Reuters cites one Canadian investor who says the quip is doing the rounds of trading desks in Toronto and Montreal, with many longingly thinking about simply boycotting U.S investment.
Yahoo
3 days ago
- Business
- Yahoo
TACO to FAFO: The secret insults investors are using to poke fun at Trump's policies
MAGA President Donald Trump might be known for his snappy acronyms, but now investors are using four-letter descriptors of their own to discuss Trump-era trade policies. Trump's shorthand for his administration's cost-cutting arm DOGE, the Department of Government Efficiency, as well as the slogan driving his public health department, 'Make America Healthy Again,' have become familiar jargon. Now, with the president's fixation on tariffs, Wall Street investors have developed their own abbreviations for Trump's trade policies. Asked about the acronyms, a White House spokesperson told Reuters: "These asinine acronyms convey how unserious analysts have consistently beclowned themselves by mocking President Trump and his agenda that've already delivered multiple expectation-beating jobs and inflation reports, trillions in investment commitments, a historic UK trade agreement, and rising consumer confidence." ICYMI: Here are some of the latest terms. Some Wall Street traders have started using TACO — short for 'Trump Always Chickens Out' — a term coined by Financial Times columnist Robert Armstrong to describe the president's pattern of implementing trade policy threats that are likely to cause the market to tumble before he inevitably walks back on that policy, leading to a market rebound. For example, his so-called 'Liberation Day' tariffs caused the markets to hit historic lows before he ordered a 90-day pause one week later, leading to record highs. This week, when asked about the acronym, the president replied: 'That's a nasty question. To me, that's the nastiest question.' Viktor Orbán, the Hungarian Prime Minister and Trump ally, co-opted Trump's MAGA slogan last year, but added a European spin to it: 'Make Europe Great Again.' Now, investors have given the phrase yet another meaning. European stocks have outperformed their American counterparts as economic uncertainty reigns in the U.S., prompting some investors to choose to put their money in European interests rather than American. Some analysts have predicted that China could start exporting its goods to Europe, which could lower prices there, as tensions between China and the U.S. remain high. "It seems that MEGA trades are now rapidly replacing MAGA trades, which have lost their appeal," Mark Dowding, CIO at RBC's BlueBay fixed income team, told Reuters. Trump himself has actually used this four-letter term, which stands for 'F*** around and find out.' It's usually used to mean there will be consequences to one's actions. In January, after Columbia blocked the U.S.'s deportation flights, Trump posted a moody AI-generated image of himself wearing a fedora next to a sign reading: 'FAFO.' After the president threatened hefty levies, Columbia reversed course, prompting the Times of London to dub the exchange a 'FAFO diplomacy.' Some investors are also using the acronym to describe the market turbulence caused by Trump's sweeping trade policies, according to Reuters. Mark Spindel, chief investment officer of Potomac River Capital LLC, likened the stock market to being caught in a "pinball machine as a result of that policymaking process." Standing for 'Make America Go Away,' a report is Reuters cites one Canadian investor who says the quip is doing the rounds of trading desks in Toronto and Montreal, with many longingly thinking about simply boycotting U.S investment. Sign in to access your portfolio
Economic Times
3 days ago
- Business
- Economic Times
Wall Street loves the laughs: Trump acronym parodies like TACO and FAFO take meme markets by storm
Wall Street traders are using acronyms to comment on Donald Trump's policies. These acronyms, like TACO and FAFO, reflect market volatility. They also highlight investor concerns about economic risks. The White House dismisses these acronyms as ridicule. Tired of too many ads? Remove Ads What are traders saying with acronyms like TACO and FAFO? How are markets reacting to Trump's unpredictable policies? Tired of too many ads? Remove Ads How did the White House react to the acronym parodies? Could these acronyms be considered as mere jokes or do they serve as meaningful indicators? Tired of too many ads? Remove Ads FAQs Wall Street is more than just numbers and financial jargon; apparently, it's also got jokes. During President Donald Trump's second term, traders are transforming his slogan-heavy style into meme-worthy "TACO" to "FAFO," these acronym parodies are popping up on trading desks and in market chatter. Although they are often amusing, these memes reflect serious investor concerns regarding changing policies and economic risks during Trump's second observers have taken advantage of President Trump's habit of shortening slogans into acronyms like MAGA, DOGE, and MAHA, and they have been circulating among trading desks for the past four months of his second abbreviations devoid of a trading strategy capture elements that traders claim are crucial in Trump-era markets, like volatility and uncertainty, which investors should take into account when making strategies that benefited from Trump's trade, economic, and international relations policies are linked to some of the new labels. Others discuss his economic ramifications or abrupt reversals in response to his proposals from trade partners and to Potomac River Capital LLC 's chief investment officer Mark Spindel, the market is stuck in a "pinball machine as a result of Trump's policymaking process."In an email, White House spokesperson Kush Desai said that these ridiculous acronyms demonstrate how uncritical analysts have ridiculed President Trump and his agenda, which has already produced a number of inflation and employment reports that exceeded expectations, as quoted in a report by the following acronyms have gained popularity in the investment community, as per a report by Reuters:A Financial Times columnist came up with the term "TACO" (Trump Always Chickens Out), which has been used to characterize Trump's back and forth on tariffs following his "Liberation Day" speech on April 2. During a recent press conference, the president snapped at a question about TACO, calling it "nasty."The term "MEGA" (Make Europe Great Again) was first used to discuss European competitiveness last year, but it reappeared this spring to refer to the surge of investor interest in and flows into European markets. Online shopping for MEGA hats, which mimic their MAGA counterparts, is simple. Due to the outperformance of European stocks immediately following Trump's "Liberation Day" tariff bombshell, traders and investors have given it new America Go Away (MAGA): Although the original Trump trade was also referred to as the MAGA trade, this version adopted the president's motto. It initially surfaced in reaction to Vice President JD Vance's short-lived and unsuccessful trip to Greenland, a Danish autonomous territory that Trump has indicated he would like to annex. The joke is circulating among trading desks in Toronto and Montreal, according to at least one Canadian investor, and it is causing "wishful thinking" about merely boycotting U.S. (Fuck Around and Find Out) is an acronym that was coined long before Trump was elected president, but it is becoming more and more common in trading desk discourse. It is employed to record the chaos and volatility of the financial markets brought about by Trump's policymaking process."YOLO (You Only Live Once) seemed to encourage outsized risks in concentrated investment themes," Art Hogan, a strategist at B. Riley Wealth, stated after the tendency that was a part of that Trump trade to pursue high-momentum strategies, like cryptocurrency, is referred to by the acronym YOLO. "While the term YOLO was popular for a period of time, it contradicts all conventional advice," Art Hogan stands for "Trump Always Chickens Out,' it mocks Trump's inconsistency on key issues such as tariffs, implying that he frequently backs down from bold use them to mock the chaos, volatility, and mixed signals in Trump-era markets. They're entertaining, but they also address legitimate investor concerns.
Time of India
3 days ago
- Business
- Time of India
Wall Street loves the laughs: Trump acronym parodies like TACO and FAFO take meme markets by storm
Wall Street traders are using acronyms to comment on Donald Trump's policies. These acronyms, like TACO and FAFO, reflect market volatility. They also highlight investor concerns about economic risks. The White House dismisses these acronyms as ridicule. Tired of too many ads? Remove Ads What are traders saying with acronyms like TACO and FAFO? How are markets reacting to Trump's unpredictable policies? Tired of too many ads? Remove Ads How did the White House react to the acronym parodies? Could these acronyms be considered as mere jokes or do they serve as meaningful indicators? Tired of too many ads? Remove Ads FAQs Wall Street is more than just numbers and financial jargon; apparently, it's also got jokes. During President Donald Trump's second term, traders are transforming his slogan-heavy style into meme-worthy "TACO" to "FAFO," these acronym parodies are popping up on trading desks and in market chatter. Although they are often amusing, these memes reflect serious investor concerns regarding changing policies and economic risks during Trump's second observers have taken advantage of President Trump's habit of shortening slogans into acronyms like MAGA, DOGE, and MAHA, and they have been circulating among trading desks for the past four months of his second abbreviations devoid of a trading strategy capture elements that traders claim are crucial in Trump-era markets, like volatility and uncertainty, which investors should take into account when making strategies that benefited from Trump's trade, economic, and international relations policies are linked to some of the new labels. Others discuss his economic ramifications or abrupt reversals in response to his proposals from trade partners and to Potomac River Capital LLC 's chief investment officer Mark Spindel, the market is stuck in a "pinball machine as a result of Trump's policymaking process."In an email, White House spokesperson Kush Desai said that these ridiculous acronyms demonstrate how uncritical analysts have ridiculed President Trump and his agenda, which has already produced a number of inflation and employment reports that exceeded expectations, as quoted in a report by the following acronyms have gained popularity in the investment community, as per a report by Reuters:A Financial Times columnist came up with the term "TACO" (Trump Always Chickens Out), which has been used to characterize Trump's back and forth on tariffs following his "Liberation Day" speech on April 2. During a recent press conference, the president snapped at a question about TACO, calling it "nasty."The term "MEGA" (Make Europe Great Again) was first used to discuss European competitiveness last year, but it reappeared this spring to refer to the surge of investor interest in and flows into European markets. Online shopping for MEGA hats, which mimic their MAGA counterparts, is simple. Due to the outperformance of European stocks immediately following Trump's "Liberation Day" tariff bombshell, traders and investors have given it new America Go Away (MAGA): Although the original Trump trade was also referred to as the MAGA trade, this version adopted the president's motto. It initially surfaced in reaction to Vice President JD Vance's short-lived and unsuccessful trip to Greenland, a Danish autonomous territory that Trump has indicated he would like to annex. The joke is circulating among trading desks in Toronto and Montreal, according to at least one Canadian investor, and it is causing "wishful thinking" about merely boycotting U.S. (Fuck Around and Find Out) is an acronym that was coined long before Trump was elected president, but it is becoming more and more common in trading desk discourse. It is employed to record the chaos and volatility of the financial markets brought about by Trump's policymaking process."YOLO (You Only Live Once) seemed to encourage outsized risks in concentrated investment themes," Art Hogan, a strategist at B. Riley Wealth, stated after the tendency that was a part of that Trump trade to pursue high-momentum strategies, like cryptocurrency, is referred to by the acronym YOLO. "While the term YOLO was popular for a period of time, it contradicts all conventional advice," Art Hogan stands for "Trump Always Chickens Out,' it mocks Trump's inconsistency on key issues such as tariffs, implying that he frequently backs down from bold use them to mock the chaos, volatility, and mixed signals in Trump-era markets. They're entertaining, but they also address legitimate investor concerns.
