Our daily puddle jump around the world

🇮🇳 India-based conglomerate Adani Group has lost a combined $48 billion in market value since Wednesday, after being shorted by US firm Hindenburg Research. Hindenburg, which typically takes short positions in companies before releasing investigations accusing them of wrongdoing, published a report late Tuesday claiming the Adani Group, worth $218 billion at the start of this week, engaged in “a brazen stock manipulation and accounting fraud scheme over the course of decades.” Gautam Adani, the conglomerate’s founder/chairman and previously third-richest person in the world (now seventh), called Hindenburg’s report baseless and “selective misinformation.”

🇱🇧 Lebanon’s ex-PM and other senior officials – both current and former – were charged with homicide in relation to a deadly 2020 explosion in Beirut. The blast killed at least 218 people, left an estimated 300,000 more homeless, and caused ~$15 billion in damages to areas near Beirut’s port. The incident was caused by hundreds of tons of nitrate that had been stored in poor conditions since being unloaded in 2013, and prompted charges of criminal negligence against top Lebanese officials. The decision to now charge these officials with homicide comes after the criminal negligence investigation has been stalled for over a year, due to a series of lawsuits filed by the accused politicians.

🇵🇸 Palestine suspended security collaborations with Israel yesterday, following a shooting that killed nine Palestinians. Israeli officials said its soldiers were searching for an active Islamist terrorist cell when they were fired upon by Palestinian gunmen, and then returned fire. A total of seven Palestinian gunmen and two civilians were killed in the crossfire, per local Palestinian officials, while at least 20 other Palestinians were injured (Israeli forces were reportedly unharmed). Israel’s military said it plans to investigate the deaths of any civilians killed in the operation, which marked the deadliest single raid in the occupied West Bank in two decades, per the AP.