Author: Press Room
The closure of London’s Heathrow Airport due to a nearby fire on Friday has put the focus on the aviation industry’s ability to handle a crisis, according to a travel industry expert.At the time of writing, Heathrow remained shut after a fire at an electricity substation that caused a power outage on Friday.”The growth of the [aviation] industry is happening faster than the growth of infrastructure,” said Anita Mendiratta, founder of consultancy AM&A, who stressed that aviation needs to become more resilient to incidents like an energy supply disruption, or to geopolitical or weather events.The Heathrow outage is “putting a…
President Donald Trump announced Friday that Boeing will build the Air Force’s future fighter jet, which the Pentagon says will have stealth and penetration capabilities that far exceed those of its current fleet and is essential in a potential conflict with China.Known as Next Generation Air Dominance, or NGAD, the manned jet will serve as quarterback to a fleet of future drone aircraft designed to be able to penetrate the air defenses of China and any other potential foes. The initial contract to proceed with production on a version for the Air Force version is worth an estimated $20 billion.…
While the brutal killing of a 21-year-old sports coach fits an all-too-familiar pattern of coercive behaviour, it involves a fresh and disturbing digital twist.
The Trump administration fired nearly the entire civil rights branch of the Department of Homeland Security on Friday, gutting a government office responsible for conducting oversight of President Trump’s immigration crackdown.The more than 100 staff members were told on Friday they would be put on leave for 60 days to find another job in the administration or be fired in May, according to five current and former government officials. Mr. Trump also closed the ombudsman for Citizenship and Immigration Services, another office responsible for scrutinizing the administration’s legal immigration policies.The moves were the latest attempt by Mr. Trump to root…
Tariffs on Canadian canola will be a further burden on family farms throughout the Prairies, a national agricultural organization says. The concerns come as China has imposes heavy tariffs on Canadian canola oil and meal — to the tune of 100 per cent — in addition to 25 per cent duty on products like seafood and pork.The move is in response to Canada’s own tariffs on Chinese-made electric vehicles, as well as aluminum and steel products.Grain Growers of Canada executive director Kyle Larkin told 680 CJOB’s Connecting Winnipeg that family farms are already struggling due to issues ranging from increased costs…
DENPASAR, Indonesia: A snorkeling boat carrying 13 people, including 11 Australian tourists, capsized in rough seas off Indonesia’s resort island of Bali on Friday (Mar 21), killing a woman and injuring two others, police said. The Sea Dragon boat was on its way from a port in Bali to Nusa Penida, a popular tiny island near Bali, when it was overwhelmed by high waves, local police spokesperson Agus Widiono said. The group was looking at underwater scenery when their boat was hit by a large wave that threw a 39 year old woman, identified by police as Anna Maree, overboard.…
Divisions on the right between those who believe in a global system backed by US military power and others who see that system as a drain on US resources are not new. That schism has persisted for decades. The latter group, which has often included ultra-nativist and racist figures, was pushed further to the fringes after the attacks on the US on September 11, 2001. The US responded to those attacks by launching a global “war on terror”, with conservatives strongly backing US interventions in countries like Iraq and Afghanistan. But those wars came to be seen as bloody and…
President Trump claimed on Friday that a report in The New York Times, which detailed plans for Elon Musk to receive a briefing at the Pentagon on U.S. military plans for any prospective war with China, was “made-up” and “fake.”The Times said afterward that it stood by the reporting in the article, which was first published on its website on Thursday evening. The plan for Mr. Musk to receive the top-secret briefing was also reported by The Wall Street Journal.Hours after The Times’s report, Mr. Trump denied that Mr. Musk would be briefed on the Pentagon’s military plans involving China.…
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City. Spencer Platt | Getty ImagesStock market corrections are commonFirst, there is some consolation for investors. Though they may feel painful, stock market corrections are fairly common.There have been 27 market corrections since November 1974, including last week’s market move, according to Mark Riepe, head of the Schwab Center for Financial Research. That amounts to roughly one every two years or so, on average.Most of them haven’t cascaded into something more sinister. Just six of those corrections became “bear markets” (in 1980, 1987, 2000, 2007, 2020…
Russia and Ukraine accused each other of blowing up a Russian gas pumping station in a border area where Ukrainian troops have been retreating, amid talks over a proposed US-backed moratorium on attacks on energy infrastructure.Video footage showed a blaze at the Sudzha facility, which is located inside Russia several hundred metres from the Ukrainian border.It is inside a pocket of Russian territory that had been captured by Ukrainian forces last year, but which Moscow has mostly recovered in heavy fighting in recent weeks. Russian troops pushed Ukrainian forces out of the nearby town of Sudzha last week.Russia’s defence ministry…
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