Author: DA Correspondent

Boeing Max returns to US skies with first passenger flight

Amid terrorism talk, bail denied in aircraft sabotage case

2:16 am September 19, 2019

MIAMI: A federal judge cited new evidence of potential terrorism sympathies Wednesday in denying bail for a longtime mechanic charged with sabotaging an American Airlines jetliner that prosecutors say could have caused it to crash with 150 people aboard. U.S. Magistrate Judge Chris McAliley imposed pretrial detention for Abdul-Majeed Marouf Ahmed Alani at the hearing […]

Here’s how Fed’s rate cut may play out for you

1:59 am September 19, 2019

WASHINGTON: The Federal Reserve has cut its benchmark interest rate again, big news for the U.S. economy but something that will likely have a muted impact on Americans’ personal finances, experts say. That’s because the reduction doesn’t offset the increases of recent years. And as the key rate creeps closer to zero, financial institutions are […]

Sharply divided Fed reduces rates but may not cut again this year

1:52 am September 19, 2019

WASHINGTON: A sharply divided Federal Reserve cut its benchmark interest rate Wednesday for a second time this year but declined to signal that further rate cuts are likely this year. The Fed’s move reduced its key short-term rate — which influences many consumer and business loans — by an additional quarter-point to a range of […]

Israel braces for bitter fight after Netanyahu indictment

Israel’s Netanyahu fails to win majority in close election

9:38 pm September 18, 2019

JERUSALEM: Israeli Prime Minister Benjamin Netanyahu failed to win a ruling majority in an election that produced a virtual tie between his right-wing bloc and a centre-left grouping that would be led by former military chief Benny Gantz. The outcome, according to almost complete results published on Wednesday, dealt a new blow to Israel’s longest-serving […]

Hurricane lashes Bermuda as new storm aims at Mexico resorts

Bermuda battens down for Category 3 Hurricane Humberto

9:32 pm September 18, 2019

MIAMI: Bermuda’s government called up troops and urged people on the British Atlantic island to make final preparations for an expected close brush Wednesday with Hurricane Humberto, a powerful Category 3 storm. Authorities ordered early closings of schools, transportation and government offices. Gov. John Rankin called up 120 members of the Royal Bermuda Regiment to […]