Baird Private Wealth Management
December 25, 2018

Tsunami death toll in Indonesia crosses 400; officials warn that second giant sea wave is possible

Ulet Ifansasti/Getty Images(JAKARTA, Indonesia) -- Scores of people were killed and many more were injured or unaccounted for when a tsunami hit the island nation of Indonesia without warning Sunday following a volcanic eruption and underwater landslides miles offshore. By early Monday morning, officials were warning residents and tourists to stay as far away from coastal areas as possible, as continued volcanic eruptions from Mount Anak Krakatau could potentially trigger a second devastating ts..
December 24, 2018

Otto Warmbier’s family wins $500M judgment in case against North Korea

Jorge Villalba/iStock(WASHINGTON) -- An American court has ruled that the family of Otto Warmbier are owed in excess of $500 million by the North Korean government. The ruling, which was issued by the United States District Court for the District of Columbia, comes more than a year and a half after Otto Warmbier died shortly after he was returned to the U.S. following his imprisonment in a North Korean camp. Fred and Cindy Warmbier, the parents of the former University of Virginia student, relea..
December 24, 2018

Pyongyang supermarket offers Seoul’s younger generation a taste of mysterious North Korea

ABC News(SEOUL) -- Tin cases covered in pink stickers filled with "Punggye-ri popcorn." A "unification nuclear bomb" facial mask that moisturizes your skin and promises to leave it as smooth as bedrock water from Mount Paektu. And Pyongyang coffee, in its pink logo, draws the attention of passersby. The Pyongyang supermarket opened over the weekend, but not in North Korea -- in a college town in Seoul. Citizens are given a chance to experience North Korean-style cookies and candies, baked by Nor..
December 24, 2018

Indonesia’s tsunami early warning system hasn’t worked since 2012, official says

ABC News(JAKARTA, Indonesia) -- Tsunamis have devastated the shorelines of Indonesia and other Southeast Asian countries before, but the subsequent deaths and injuries still didn't result in comprehensive warning systems. When a tsunami hit Indonesia early Sunday -- killing more than 350 people and leaving hundreds of others injured or missing -- the country's residents were blindsided by the waves. Because of a lack of funds, vandalism to the buoys that were a part of the warning syst..