An Afghan Air Force Mi-17 multirole helicopter, that was used in resupply missions by Afghan National Security Forces, crashed on Wednesday night, killing four crews and five soldiers, the ministry said in a statement. The tragic incident took place in the Bihsud district of Wardak. Meanwhile, TOLO news reported that the helicopter was hit by a man-portable air defense system during takeoff. – ADVERTISEMENT – CONTINUE READING BELOW – In the video obtained by TOLO news, the infrared homing surface-to-air missile is seen hitting the helicopter. Unfortunately, official sources do not comment on this video. Local media also quoted the source […]
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A U.S. Navy F/A-18E Super Hornet fighter jet crashed during a routine sortie in the Superior Valley, just south of Naval Air Weapons Station China Lake late Tuesday, according to a statement issued by Naval Air Station Lemoore. “The pilot ejected safely and was taken to a local medical facility for examination,” Naval Air Station officials said in a statement. Also added that the U.S. Navy is cooperating fully with local authorities. – ADVERTISEMENT – CONTINUE READING BELOW – Local Firefighters say they found a downed plane Tuesday morning in the area of Highway 178 and Highway 14 and were containing […]
Terrifying footage has emerged of the crash landing of a Mexican Navy Mi-17 helicopter on Saturday. Video of a Mi-17 MTV-1 Mexican Navy that was severely damaged during landing at Villahermosa-Capitan Carlos Perez Airport, Tabasco surfaced on Youtube Saturday morning. The details were given in a 17 October media release by the Mexican Navy Secretariat, to announce that five of the eight people on board were injured. – ADVERTISEMENT – CONTINUE READING BELOW – In a statement presented by the Mexican Navy Secretariat said the injured were in stable condition for non-life threatening injuries ranging from minor abrasions and lacerations to […]
Terrifying footage has emerged of the crash landing of a Mexican Navy Mi-17 helicopter on Saturday. Video of a Mi-17 MTV-1 Mexican Navy that was severely damaged during landing at Villahermosa-Capitan Carlos Perez Airport, Tabasco surfaced on Youtube Saturday morning. The details were given in a 17 October media release by the Mexican Navy Secretariat, to announce that five of the eight people on board were injured. – ADVERTISEMENT – CONTINUE READING BELOW – In a statement presented by the Mexican Navy Secretariat said the injured were in stable condition for non-life threatening injuries ranging from minor abrasions and lacerations to […]
A brave and apparently skilled 53-year-old pilot is lucky to be alive after his plane lost power shortly after takeoff, forcing him to make a crash landing in a local shopping mall parking lot. The incident took place Thursday afternoon in Puyallup in Washington state. The pilot managed to guide the plane safely down to Earth, but the aircraft flipped onto a car in the parking lot of the Sunrise Village shopping mall during the rough landing. Eyewitness images from the scene show the aftermath of the terrifying touchdown. The pilot, and sole occupant of the aircraft, miraculously walked away from […]
More than 1,000 birds reportedly died or were injured after flying into skyscrapers in Philadelphia on October 2 as they migrated south ahead of the winter season. “So many birds were falling out of the sky, we didn’t know what was going on,” Stephen Maciejewski, a volunteer at Audubon Pennsylvania, an organization that works to conserve and restore the habitats of wildlife, specifically birds, recently told the Philadelphia Inquirer. “It was a really catastrophic event. The last time something like this happened was in 1948,” he added. Maciejewski also told the outlet that he collected 400 birds between 5 a.m. and […]
Buffalo attorney Stephen Barnes, whose personal injury firm was famous for its ubiquitous billboards and catchy jingle that lodged itself in almost every New Yorker’s head, died in an airplane crash on Friday, according to Buffalo News. Barnes, one of the founding partners of Cellino & Barnes, reportedly owned the Socata TBM 700 aircraft that took off from Manchester, in upstate New York, at 10:18 a.m. Its original destination was the Buffalo Niagara International Airport but it crashed about 11:45 a.m. in a wooded area near Pembroke, New York. Genesee County Sheriff William Sheron said the plane was “pretty much disintegrated,” […]
Kobe Bryant, his wife and two daughters pose at the world premiere of “A Wrinkle in Time” in Los Angeles in 2018. Bryant and his daughter Gianna were killed in a helicopter crash in January. Jordan Strauss/Jordan Strauss/Invision/AP hide caption toggle caption Jordan Strauss/Jordan Strauss/Invision/AP Kobe Bryant, his wife and two daughters pose at the world premiere of “A Wrinkle in Time” in Los Angeles in 2018. Bryant and his daughter Gianna were killed in a helicopter crash in January. Jordan Strauss/Jordan Strauss/Invision/AP Shortly after the helicopter crash that killed NBA legend Kobe Bryant, his daughter Gianna, and seven others, reports […]
A Kansas man returned home from work on Friday evening with his 10-year-old to find that his wife and four other kids had not yet returned from a trip to buy groceries as expected. Soon after, he got a call from a friend about a terrible car crash near the house and rushed to the scene, where he learned his family’s car had collided with a truck that blew a stop sign. His wife, Jessica Noel, 32, had been instantly killed, along with three of the children, 10-year-old Anaiah, 4-year-old Jeffrey, and 4-month-old Hank, according to a GoFundMe for the family. […]
https://cdn1.img.sputniknews.com/img/07e4/09/1a/1080576952_0:52:1920:1132_1200x675_80_0_0_6e5bd421fee052e51543afa7d221d308.jpg Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/europe/202009261080577422-ukrainian-investigators-find-another-body-at-site-of-an-26-plane-crash-emergency-services-say/ MINSK (Sputnik) – Investigators in Ukraine have found the body of another individual who died as a result of an An-26 military plane crash in Kharkiv region, the press department of the State Emergency Service said on Saturday, adding that the search for two more bodies continues. “Kharkiv region: The body of a deceased individual was found under the fuselage at the site of the plane crash at 09:00 [06:00 GMT] on September 26. The search for two more people continues,” the State Emergency Service said in a message on Telegram. The regional governor […]
Next year will be brutal for the US currency, according to Yale University senior fellow Stephen Roach. He said that his “seemingly crazed idea” that the dollar will crash shouldn’t seem so crazy anymore. “We’ve got data that’s confirmed both the saving and current account dynamic in a much more dramatic fashion than even I was looking for,” Roach told CNBC. According to him, “The current account deficit in the United States, which is the broadest measure of our international imbalance with the rest of the world, suffered a record deterioration in the second quarter.” He added that “The so-called net-national […]
https://cdn1.img.sputniknews.com/img/107756/51/1077565193_0:67:2854:1673_1200x675_80_0_0_d4cb63c2bd4f48ead7ee16196920ded8.jpg Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Ashutosh Kumar. Sputnik International https://sputniknews.com/india/202009241080556131-indian-markets-crash-sensex-plunges-555-points-on-global-cues/ Even though the Indian equity markets have recovered almost 50 percent from their lockdown lows, concerns remain on the meteoric rise at a time when economic growth has turned negative. Indian Stocks crashed in opening trading on Thursday on the back of weak global cues. The Bombay Stock Exchange’s benchmark 30-share index, Sensex, fell 554.90 points to trade at 37,113 levels in early trading. Blue chip stocks like Mahindra and Mahindra, Infosys, and Bajaj Finance, among others, witnessed a sell off. Similarly the National Stock Exchange’s broader 50-share benchmark index, the Nifty […]
MakerDAO will not compensate victims of March 12’s “Black Thursday” flash crash that left some of the decentralized finance (DeFi) platform’s investors out $8.33 million, according to a vote that closed Tuesday. The Maker community had initially voted in early April to refund sunken investors. Nearly six months later and the community – represented by current holders of Maker’s MKR governance tokens – concluded a final vote to give zero compensation for lost funds. Some 65% of votes opted for zero compensation, with the next two options for partial compensation receiving 18% and 15%, respectively. The vote itself was dominated by large […]
A Russian Su-30 fighter jet has crashed near the village of Dornikovo in the Tver region, 40 kilometers from Vyshny Volochok, on 22 September. At the time of the accident, the aircraft was on a routine training mission with two pilots on board. Both pilots ejected and were recovered alive by a Mi-8 search and rescue helicopter not long after the crash. – ADVERTISEMENT – CONTINUE READING BELOW – “On September 22, a Su-30 jet of the Western Military District crashed during a planned training flight in the Tver Region. The crew has safely ejected. After landing, the pilots made contact,” the message informs. The crew members have […]
https://cdn1.img.sputniknews.com/img/07e4/09/15/1080521207_0:239:3072:1967_1200x675_80_0_0_009bbb629e1083344f116a1764ea467a.jpg Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/us/202009211080521236-texas-plane-crash-kills-at-least-four-people—reports/ MOSCOW (Sputnik) – At least four people died in a plane crash near Hilltop Lakes in Leon County, Texas, on Sunday, media reported. “NTSB is investigating the 20 September 2020 crash in Hilltop, TX involving a Piper PA-46. The NTSB is not traveling to the scene of the crash at this time”, the National Transportation Safety Board said on Twitter, commenting on the crash. NTSB is investigating the September 20, 2020 crash in Hilltop, TX involving a Piper PA-46. The NTSB is not traveling to the scene of the crash at this time. — […]
https://cdn1.img.sputniknews.com/i/logo-itemprop.png Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/world/202009171080491710-russian-ex-president-slams-polands-bid-to-arrest-air-traffic-controllers-over-2010-plane-crash/ Source link
The Wall Street Crash And The Great Depression By James Kilby, Marxist.com. September 8, 2020 The Wall Street Crash And The Great Depression2020-09-082020-09-08https://popularresistance-uploads.s3.amazonaws.com/uploads/2017/12/popres-shorter.pngPopularResistance.Orghttps://popularresistance-uploads.s3.amazonaws.com/uploads/2020/09/capture.png200px200px Lessons for today. With mass unemployment on the cards, many are comparing the current crisis to the Great Depression of the 1930s. In both cases, however, these crises were not ‘accidental’, but a product of capitalism’s insoluble contradictions. Capitalism is entering into what looks set to be its deepest crisis ever. Although COVID-19 provided the trigger, a deep slump has been in the making for many years. With the stock market in turmoil, mass unemployment, and the perspective […]
https://cdn1.img.sputniknews.com/img/07e4/08/1c/1080309616_0:54:3073:1782_1200x675_80_0_0_ae49556c26a0603cdc9416c667690afc.jpg Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Daria Bedenko. Sputnik International https://sputniknews.com/us/202008291080309645-two-us-special-op-soldiers-dead-three-injured-in-helicopter-drill-crash-report-claims/ A Black Hawk helicopter crashed during an exercise in the vicinity of Coronado, California, on Thursday, according to The San Diego Union Tribune. An investigation into the incident has been launched, with additional information to follow. Two US Army Special Operations soldiers died and three were injured in a crash of a Black Hawk helicopter in Coronado, California, according to The San Diego Union Tribune, citing a US Army Special Operations Command spokesperson. “An element of US Army Special Operations Command was conducting routine training in the vicinity of Coronado, California, on […]
Veteran stockbroker Peter Schiff has warned once again that the US currency is doomed and the world will eventually lose confidence in it, which he says should have happened a long time ago. In the latest episode of Boom Bust, Schiff discussed the fate of the US-China trade deal. The investor said he believes that there will be no second-phase agreement, and noted that Beijing still has leverage over Washington, especially ahead of the elections. “The real problem is going to be when the Chinese stop buying our bonds or start selling our bonds,” he said, adding that the process might […]
MOSCOW (Sputnik) – A 15-year-old girl died on Saturday after a rigid inflatable boat collided with a buoy off Southampton in the southern part of England, the local police in the Hampshire county said. “Twelve people who were on board were subsequently taken to the hospital. Sadly, one of the passengers, a 15-year-old girl, was pronounced dead in hospital”, the police said in a press release. The girl’s relatives have been informed and are being supported by officers, the release read. The vessel hit the buoy at around 10:10 am Saturday morning local time (09:10 GMT). The police are investigating the […]
https://cdn1.img.sputniknews.com/img/107972/17/1079721704_0:0:1920:1080_1200x675_80_0_0_56db96a1b970d7b9f51dfa0b7315e4f0.jpg Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Tim Korso. Sputnik International https://sputniknews.com/military/202008191080218949-two-us-mq-9-reaper-drones-reportedly-crash-after-colliding-over-idlib-photo-video/ American drones flying over Syria have become a common sight since Washington deployed troops in the Arab Republic without authorisation from its government or a UN Security Council mandate. The US lost two drones in the Syrian province of Idlib on 18 August, the Military Times online media outlet reported, citing an anonymous defence official. While the official confirmed that the two UAVs had collided in the air, they could not confirm that the collision was the primary cause of the crash, as there were reports of the drones being shot down […]
MOSCOW, AUGUST 19, 2020 – RT International is an International Emmy finalist in the News category for its reportage on the crash-landing of the Superjet 100 at Moscow’s Sheremetyevo Airport, and its aftermath. The nominated series of reports concerned the deadly crash-landing of the Superjet 100 at Moscow’s Sheremetyevo Airport, which left 41 dead. RT examined the timeline of the tragedy, from the moment the jet declared an emergency to the moment it went up in flames on the tarmac. RT journalists brought viewers the stories of survivors, of those who perished in the crash, and of the brave heroes who put […]
On Aug. 18, an unmanned U.S. observation aircraft was shot down over Northern Syria, according to local media reports. A MQ-9 Reaper, a $15 million unmanned aerial combat vehicle, has been shot down over the opposition-held province of Idlib, north-western Syria. Initially, the militants passed it off as a downed Russian Orlan-10 drone, but the photo showed the wreckage of MQ-9. – ADVERTISEMENT – CONTINUE READING BELOW – Reaper is a remotely piloted medium-altitude, long endurance (MALE) aircraft that is employed primarily against dynamic execution targets and secondarily as an intelligence collection asset. Unmanned aircraft can also perform the following missions and tasks: intelligence, surveillance, […]
An MQ-8B Fire Scout unmanned aerial vehicle assigned to Helicopter Sea Combat Squadron 23 crashed during a routine training flight at Naval Base Ventura County Point Mugu on 14 August, base officials said. The MQ-8B Fire Scout – a drone helicopter – was in flight around 12:21 p.m. when one of its main rotors clipped a building at the air station. The crash caused superficial damage to the building and no injuries were reported, according to a news release from Naval Base Ventura County. The Fire Scout is the Navy’s only unmanned aircraft to operate on land and at sea. The Fire Scout is a […]
Chainlink’s LINK token has surged nearly 1,000% over the past five months – some are worried the market is beginning to overheat. Source link
The world’s biggest oil exporter, Saudi Aramco, has reported massive losses for the second quarter, with its net profit nosediving 73.4 percent, as the Covid-19 outbreak crippled global demand for crude. The oil giant’s net profit plunged to 24.6 billion riyals ($6.6 billion) for the three months to June 30, from 92.6 billion riyals ($24.7 billion) in the same period of 2019, according to a regulatory filing published at the Tadawul exchange where its stock trades. For the whole first half of the year, Saudi Aramco said its net income plunged to 87.1 billion riyals ($23.2 billion) down 50 percent from […]
After suffering its worst monthly fall in about a decade, the US currency has started August with a bounce. However, analysts predict further weakness in the greenback. “We expect the currency to be undermined by an ebbing of safe-haven flows, a reduction in the US rate advantage, and political uncertainty ahead of the November presidential election,” UBS analysts wrote last week. The ICE US Dollar Index, which measures the dollar against a basket of six major rivals, plunged 4.2 percent in July – its biggest one-month decline since September 2010, data showed. The index was trading up on Tuesday at around 93.69, […]
Cryptocurrencies are working their way back Monday after Sunday’s big flash crash. A bullish run for bitcoin past $12,131 was interrupted Sunday, as bitcoin endured a sudden drop, losing over $1,400 within a brief period of time. “The market had rallied strongly from $9,000 to over $12,000,” said Rupert Douglas, head of institutional sales for crypto brokerage Koine. “The reaction down was purely to shake out the weak longs who had got in at the higher levels,” Douglas added. Indeed, hourly liquidations spiked to over $147 million on derivatives platform BitMEX on Sunday. As the price began trending downward, derivatives traders […]
Bitcoin suffered a price drop of $1,458 in under an hour on Sunday. The sudden slide caught many traders off guard, forcing out a significant amount of buying pressure from the market. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source link
Pelosi’s angel. Three members of the Thin Blue Line Motorcycle club were killed and nine others injured in a crash with an illegal immigrant drunk driver in West Texas. Ivan Robles Navejas is accused of killing the three men and injuring 9 others in the crash. The victims were identified as Joseph Paglia, Retired Officer with the Niles City Police Dept.; Jerry Wayne Harbour, former Eastern Airline Pilot; Michael White, U.S. Army (retired). According to The Hill Community Journal: The Thin Blue Line LE MC is described as a “law enforcement motorcycle club, whose members are active duty, retired or reserve […]
https://cdn1.img.sputniknews.com/i/logo-itemprop.png Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/latam/202007211079946810-military-helicopter-crash-in-colombia-leaves-six-wounded-11-missing-reports-say/ Six people sustained injuries and another eleven went missing in Colombia as UH-60 Black Hawk helicopter of the country’s military crashed, Reuters reported citing a local official. DETAILS TO FOLLOW Source link
MotoGP world champion Marc Marquez has vowed to return even better than ever after suffering a spectacular crash in the first race of the season in Spain. Marquez was struggling for grip from his front tire throughout the race at Jerez, and performed an incredible feat of recovery to somehow not crash the bike when he slid off the track and into the gravel at Turn 3 on just the fourth lap of the race. The incident left Marquez dead last and seemingly out of contention, but the eight-time world champion performed one of the most remarkable comebacks seen in a […]
Noose hoaxer Bubba Wallace this week was booed as he was introduced at the NASCAR all-star qualifier and cheered after he crashed. The media exploded last month after NASCAR released a statement revealing that a ‘noose’ was reportedly found in top driver Bubba Wallace’s Talladega garage stall. The FBI unleashed 15 agents on the case and ultimately determined that the ‘noose’ was actually a garage door pull rope. It was a garage door pull rope. TRENDING: NOT MAKING NATIONAL HEADLINES: Black Mass Shooter Kills Two Random Men in Indiana Before Being Gunned Down by CCW Holder (VIDEO) Fans feel duped after […]
https://cdn1.img.sputniknews.com/img/07e4/07/0e/1079876775_0:101:3001:1788_1200x675_80_0_0_e5f2e6004df19bf4ac6cec86bb13d89c.jpg Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/us/202007141079876757-us-air-force-f-16-jet-crash-in-new-mexico-leaves-pilot-injured/ The incident at Holloman Air Force Base marks the fifth jet crash since May, and the second time the F-16 crashes in the past two weeks, according to Fox News. US Air Force F-16C Viper, assigned to the 49th Wing, crashed when conducting a landing at Holloman Air Force Base on Monday, according to the statement made by the base officials. The incident took place at around 6 p.m. local time. Air Force said that the pilot ejected successfully and is currently being treated for minor injuries. Emergency services were confirmed to be operating […]
New Delhi (Sputnik): On Thursday, police officials from the Indian state of Madhya Pradesh shad arrested Vikas Dubey, the infamous gangster wanted for the brutal murder of eight policemen in neighbouring Uttar Pradesh. He was nabbed in the city of Ujjain’s famous Mahakal Temple, after eluding dozens of special security teams searching for him. A herd of stray cows and buffaloes led to a road crash which enabled the notorious criminal Vikas Dubey, who had been arrested for the killing of eight policemen, flee a police vehicle in the Indian city of Kanpur, a Special Task Force from Uttar Pradesh state […]
New Delhi (Sputnik): On 22 May, an airplane crash in Karachi killed 97 of the 99 people onboard. It was stated in the provisional inquiry report that the pilot and the air controller were responsible for the incident. In June, Pakistan International Airlines grounded 150 pilots over holding fake licenses. Following the suit of the European Union Aviation Safety Agency (EASA) and Malaysia’s aviation regulatory authority, the US Department of Transportation has suspended Pakistan International Airline’s special permit to conduct charter flights to the United States, citing concerns over the carrier’s safety measures and pilots’ “suspicious licenses”. “The PIA will not […]
https://cdn1.img.sputniknews.com/img/107802/26/1078022639_0:26:1280:746_1200x675_80_0_0_3e2176de6207d4ca27f49e4d9c690f0e.jpg Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/us/202007011079770274-us-air-force-pilot-dies-in-f-16-jet-crash-in-south-carolina/ The reason for the crash remains unclear, as an investigation into the incident is ongoing, according to a statement made by the US Air Force. The identity of the pilot is expected to be revealed after notification of next of kin. A US Air Force F-16 jet crashed at South Carolina’s Shaw Air Base during a “routine training mission”, killing the pilot, the Air Force (USAF) announced in a statement. The incident occurred around nine p.m. Eastern Standard Time. “One pilot was killed when their F-16CM Fighting Falcon crashed,” the USAF said. The Air Force […]
The U.S. Air Force has confirmed that the pilot of an Air Force F-16CM Fighting Falcon fighter aircraft was killed following a crash late Tuesday at Shaw Air Force Base, S.C. The incident occurred on the military base around 11:30 p.m. on June 30. The aircraft was on a routine training mission with one pilot on board when the crash happened, according to a statement posted after midnight Wednesday on the base’s official Facebook page. – Advertisement – Shaw AFB emergency responders were on scene. Sumter County Fire and Rescue assisted with the crash. The pilot was taken to Prisma Tuomey […]
A man and a woman have been filmed brandishing guns at protesters who swarmed at the edge of their property, after a group of Black Lives Matter activists crashed the gates into a rich neighborhood in St. Louis, Missouri. Multiple videos of the altercation went viral online, with the couple earning both praise for ‘standing their ground’, criticism for ‘mishandling’ the guns, and condemnation for ‘threatening peaceful protesters’. While none of the videos showed anyone actually trespassing into the property, some of the activists were standing at the very edge of the lawn, recording the couple and some reportedly even taunting […]
https://cdn1.img.sputniknews.com/img/107972/80/1079728054_0:0:3068:1726_1200x675_80_0_0_5631bf7670bd658a6c9394a72d1353e3.jpg Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/europe/202006261079728099-dutch-prosecutors-agree-to-postpone-malaysian-mh17-crash-hearings-until-early-2021/ MOSCOW (Sputnik) – Netherlands Public Prosecution Service has agreed to postpone hearings in substance of the Boeing MH17 crash case from this fall to February-March of next year as requested by attorneys and representatives of victims, prosecutor Ward Ferdinandusse said on Friday. “If the legal team and representatives of relatives [of victims] need more time, the prosecution service will take it into account… Taking into account yesterday’s letter from the council of relatives, we propose to approve a preliminary schedule of further substantive hearings and hold them in February-March of 2021 instead of this […]
US liquefied natural gas exports have crashed by more than 50 percent since January as the US become the swing supplier for markets. Historically low natural gas prices from Asia to Europe and lower demand in the pandemic have resulted in US exports of liquefied natural gas (LNG) dropping from 8.1 billion cubic feet per day (Bcf/d) in January to an expected export volume of just 3.2 Bcf/d in July, the US Energy Information Administration (EIA) said on Tuesday. Also on rt.com LNG price war could send natural gas into negative territory Milder winter, lower demand in the pandemic, and high inventories, especially […]
While the coronavirus pandemic may become the last nail in the coffin of the US dollar’s status as the primary reserve currency, the seeds of its inevitable decline were sown long ago, a former Morgan Stanley economist believes. The greenback is set to decline due to a shortfall in domestic US savings and a massive budget deficit, according to Stephen Roach. “The US economy has been afflicted with some significant macro imbalances for a long time, namely a very low domestic savings rate and a chronic current account deficit,” Roach, who is also a Yale University senior fellow, told CNBC. Also on […]
China activated a Level-IV emergency response on Saturday after strong winds whipped across the eastern coast as Typhoon Nuri made landfall, hitting Guangdong Province and major cities including Hong Kong. Footage has emerged of a gigantic crane weighing an estimated 10 tonnes, and being toppled over by high winds on Friday before crashing into the sea in eastern China. The terrifying scene shows the heavy machine off the coastal city of Taizhou, Zhejiang province, pushed along its rails by the strong weather before its brake clamps are torn through. The crane operator reportedly survived after escaping from the structure by jumping into the water. As […]
Why do these Federal Reserve officials keep crashing the Trump economy?Whose side are they on? Are they with the American people or are they with the globalists? Advertisement – story continues below We all know the answer to this. On Sunday Robert Kaplan, the Dallas Federal Reserve President, joined Face the Nation to discuss the future of the US economy. During his segment Kaplan started lecturing on masks and a second wave to the coronavirus. TRENDING: Oh Brother… Stacey Abrams: “A Man Was Murdered Because He Was Asleep in a Drive-Through” (VIDEO) Kaplan is not a doctor and was sharing his […]
In May, the social media networks were flooded with photos and videos allegedly depicting the harsh landing of an extraterrestrial object in Brazil’s eastern forest. However, many of the clips soon disappeared from the feed, leading to speculations about a conspiracy behind the story. Experts from the Mutual UFO Network (MUFON), a non-governmental organisation studying alleged sightings of aliens, have called the story behind a purported UFO crash in Brazil “an elaborate hoax”, as quoted by The Express. The footage allegedly showing a falling spacecraft made a lot of noise this May, with many speculating that an object had crashed in […]
Guardian: For Americans, coronavirus went from being a mysterious affliction that occurred in far-off lands to 1m confirmed cases on US soil within 14 weeks. Now, just six weeks later, the US has broken through the grim milestone of 2m positive tests for Covid-19, according to the Johns Hopkins University tracker. This is the way Trump work… no facts, just misleading mud. How to #Obamagate (take 2) (for Sarah Cooper hardcore fans only) pic.twitter.com/48YeGb03sG — TinTop (@TinTop7) June 10, 2020 The anguish of life lost, of a severely wounded economy and wrenching political turmoil have taken a harrowing toll upon a […]
https://cdn1.img.sputniknews.com/img/107942/27/1079422756_0:159:3032:1865_1200x675_80_0_0_555489661d82a4b80a602cf3649d2749.jpg Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/asia/202005261079422792-pakistans-punjab-govt-agency-collects-dna-of-52-plane-crash-victims/ MOSCOW (Sputnik) – The Forensic Science Agency of the Pakistani province of Punjab (PFSA) said on Tuesday that it collected DNA samples of 52 victims of the doomed flight PK8303 in defiance of objections from the government of the Sindh province where the plane had crashed. “DNA samples of 52 deceased individuals and their families have been obtained. We will start releasing DNA reports after Wednesday”, PFSA Director-General Muhammad Tahir Ashraf said, as quoted in a report by Pakistani broadcaster Geo TV. According to the report, the Sindh government refused to let the Punjab […]
https://cdn1.img.sputniknews.com/img/107941/56/1079415646_0:261:3025:1962_1200x675_80_0_0_9489999170efacbf0f7e7c67bbce5117.jpg Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/asia/202005251079415586-french-aviation-safety-authority-sends-team-to-probe-pakistani-plane-crash/ PARIS (Sputnik) – France’s Bureau of Inquiry and Analysis for Civil Aviation Safety sent an investigative team to Pakistan on Monday to probe the crash of an Airbus jetliner with 99 people on board. “Investigators with BEA_Aero, technical advisors from Airbus & SafranEngines are on their way to Pakistan and will be on site on 26 May”, the organization tweeted. The Airbus A320 crashed into a crowded neighborhood near the airport in the Pakistani city of Karachi on Friday. The Sindh provincial health ministry has confirmed the death of all but two people aboard […]
India ranks behind only the US and China for military spending. With massive budget cuts coming, it needs a model that gets it more for its money – like Russia’s. Faced with an impending economic crisis, India is looking to review its military spending. Following indications by the Ministry of Defence that the military budget could be cut by up to 40 percent, India’s first Chief of Defence Staff (CDS), General Bipin Rawat, has called upon the armed forces to reduce their dependence on arms imports, rein in further spending and focus on increasing locally produced arms. “We are not expeditionary […]
World 18:31 GMT 18.05.2020Get short URL TEHRAN (Sputnik) – The families of Iranian victims in the January downing of a Ukraine International Airlines aircraft near Tehran have begun filing lawsuits in connection with the incident, the Judiciary Organisation of the Armed Forces of the Islamic Republic of Iran said in a statement Monday. “Since the transfer of the case regarding the crash of a Ukrainian plane to the Judiciary Organisation of the Armed Forces, the Tehran military prosecutors’ office has conducted an accurate and verified investigation of the case. Several groups of experts are studying various aspects of this disaster and […]
UK 16:07 GMT 16.05.2020Get short URL While the writings were on the wall for a long time that the party’s policy of unilaterally binning Brexit was irredeemably unpopular, the leadership continued to push for it, eventually suffering the harsh electoral consequences. The December 2019 Liberal Democrat election campaign which called for the abandoning of Brexit was akin to a “high-speed car crash,” according to a new internal party report. The 61-page damage assessment, led by Lib Dem peer Dorothy Thornhill, argues that the fiercely anti-Brexit party leader, Jo Swinson, and a band of ideologically committed close aides, “alienated large chunks of […]
Basketball icon Kobe Bryant along with eight others died upon impact when the helicopter they were traveling in crashed into a Los Angeles hillside in January, according to the official inquest into the fatal accident. The autopsy report conducted by the Los Angeles County coroner’s office also confirmed that the pilot had no drugs or alcohol in his system at the time of the crash, but goes into grim detail in its determination of blunt force trauma for the loss of all nine souls. Bryant, the world famous sports star, could only be identified by fingerprints after his body was found. […]
A US Air Force F-22 Raptor jet has crashed during a training flight in northwest Florida. The pilot survived after ejecting safely. The dramatic moment was captured on video by a motorist from a nearby highway. The crash took place Friday morning local time near the Eglin Air Force Base, east of Pensacola. The video that appeared later in the day shows the moment the yet-unnamed pilot decided to ditch the $143 million jet and parachute to safety. The pilot is in stable condition in the base hospital, and has been visited by family and friends, Ilka Cole, a spokeswoman for […]
Sen. Kelly Loeffler (R-GA) has provided information to federal law enforcement and financial authorities about the sales of millions of dollars of stock owned by her and her husband in the wake of a closed-door Senate briefing on the coronavirus in January, Loeffler’s office said on Thursday. Loeffler and her husband, New York Stock Exchange CEO Jeff Sprecher, unloaded millions in equities in the weeks after that briefing, as U.S. stock markets tanked, even as the two acquired a stake in a popular teleconferencing company whose stock has increased in value since that purchase. The Daily Beast first reported those transactions […]
Republican Senator Richard Burr will step down from his post as chairman of the Senate Intelligence Committee pending a probe into suspicious stock trades he made before the Covid-19 crisis hit US markets. Senate Majority Leader Mitch McConnell said Thursday that Burr had contacted him to say he would not remain in the role “during the pendency of the investigation.” McConnell said it had been agreed that the decision was “in the best interests of the committee” and would be effective from the end of the day on Friday. The decision comes hours after FBI agents seized the North Carolina senator’s […]
Federal agents have seized the private cell phone of Republican Senator Richard Burr, reportedly serving him with a search warrant amid a Justice Department probe into suspicious stock trades he made soon after Covid-19 hit the US The North Carolina senator was presented with the warrant at his Washington-area residence on Wednesday night, the LA Times reported, citing a law enforcement official who spoke on condition of anonymity. The move comes as the DOJ intensifies its probe into a series of stock sales Burr made in February, just before US markets took a nosedive, possibly on the basis of information gleaned […]
Pandemic Crash Shows Worker Co-ops Are More Resilient Than Traditional Business By Brian Van Slyke, Truthout May 11, 2020 Pandemic Crash Shows Worker Co-ops Are More Resilient Than Traditional Business2020-05-112020-05-11https://popularresistance-uploads.s3.amazonaws.com/uploads/2017/12/popres-shorter.pngPopularResistance.Orghttps://popularresistance-uploads.s3.amazonaws.com/uploads/2020/05/a-person-walks-past-a-closed-business-in-brooklyn-on-april-23-2020-in-new-york-city.-from-getty-images.-e1589221786825.jpg200px200px Above: A person walks past a closed business in Brooklyn on April 23, 2020, in New York City. By Spencer Patt from Getty Images. While we have no way to know yet the full extent of the economic fallout from the COVID-19 pandemic, by all accounts it could be as bad — if not far worse — than the 2008 crash. In fact, in terms of unemployment alone, the numbers are already staggering: more than 33 […]
6 May, 2020 23:21 Follow RT on The video sharing platform TikTok and a spate of other apps and sites have all gone down at once, driving a rush of users around the world to vent their rage on Twitter, and leaving some to wonder if the internet just broke. The string of outages came on Wednesday, sending tens of thousands of frustrated users to report a variety of technical problems on Down Detector. Next to TikTok, the affected sites include Pinterest, Spotify, Tinder, Amazon Web Services and Venmo, among others. DETAILS TO FOLLOW Follow RT on Source link