Storm-lashed California is bracing for what may be a final battering of rain and snow starting late Sunday, adding to the damage unleashed by a weather system that has caused severe flooding and killed at least 19 people across the state. Residents across a swath of central and southern California …
Read More »IMF says fragmentation could cost global economy up to 7% of GDP
A severe fragmentation of the global economy after decades of increasing economic integration could reduce global economic output by up to 7%, but the losses could reach 8-12% in some countries, if technology is also decoupled, the International Monetary Fund said in a new staff report. The IMF said even …
Read More »Air finance summit tackles jet shortages amid China travel thaw
Financiers at the centre of a $200 billion industry underpinning airline fleets are meeting in Dublin this week, gambling that China’s decision to free travel will accelerate their recovery from a pandemic downturn, while warning of a shortage of jets. Three years after the spread of Covid-19 grounded thousands of …
Read More »Death toll in Russian missile attack on Dnipro apartment building rises to 21
The death toll from a Russian missile strike on an apartment building in the Ukrainian city of Dnipro climbed to 21 on Sunday, as rescue workers raced to dig through a huge pile of debris in search of survivors. At least 35 people were still missing and 73 were injured, …
Read More »At least 68 killed in Nepal’s worst air crash in 30 years
At least 68 people were killed on Sunday when a domestic flight crashed in Pokhara in Nepal, the country’s Civil Aviation Authority said, in the worst air crash in three decades in the small Himalayan nation. Hundreds of rescue workers were scouring the hillside where the Yeti Airlines flight, carrying …
Read More »At least 40 killed in Nepal’s worst air crash in nearly five years
At least 40 people were killed on Sunday when a domestic flight crashed in Pokhara in Nepal, a Nepal aviation authority official said, in the small Himalayan country’s worst crash in nearly five years. Hundreds of rescue workers continued to scour the hillside site where the plane of domestic carrier …
Read More »At least 16 killed in Nepal air crash: army spokesman
At least 16 people were killed on Sunday after an aircraft crashed in western Nepal’s Pokhara, an army spokesman said, as hundreds of rescue workers scoured the hillside crash site. “We expect to recover more bodies,” Krishna Bhandari told Reuters. “The plane has broken into pieces.” There were 72 people …
Read More »Overseas Vietnamese a catalyst for success: President Phuc
President Nguyen Xuan Phuc told the overseas Vietnamese community on Saturday night that he appreciated the contributions they have made to their homeland and to the success of Vietnam’s foreign relations. Speaking at Xuan Que Huong (Homeland Spring), an annual New Year event for overseas Vietnamese, Phuc said that 2022 …
Read More »Relatives’ badgering could make for stressful Tet reunion, mental illness
Dung, 34, has a decent job and a house in Hanoi, but, in the eyes of her relatives, lacks the all-important requirement for a woman: a husband. Dung used to have a boyfriend and had planned to marry him, but things fizzled out and she has been single ever since. …
Read More »Biden’s counsel finds five more classified pages at president’s Delaware home
U.S. President Joe Biden’s counsel said on Saturday that five additional pages with classified markings were discovered at the president’s Wilmington, Delaware, home on Thursday, and they were immediately handed to Justice Department officials. Biden’s special counsel, Richard Sauber, said he traveled to Biden’s Wilmington home on Thursday to facilitate …
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