Last Week at Economy Class and Beyond: A Weekly Update on Travel (23rd March)
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Last week at Economy Class and Beyond, the author reflects on the past week's activities on the blog. They mention being busy in the real world and working on a trip report. The article includes a series of snapshots from the author's recent US trip, covering flights and hotels. Some highlights include Viasat's European Aviation Network installs, Lufthansa Group signing for 150 European Aviation Network installs, SWISS offering inflight connectivity on its Airbus A220 and A320 aircraft, Emirates returning the Airbus A380 to Vienna, Air France adding Phoenix, AZ to its long haul network, and Emirates further boosting Australian services to Perth and Brisbane. The author concludes by mentioning upcoming snapshots and the need to book tickets before the sales season ends .
Last week at Econ...
#newstr #Travel #Aviation #TripReport #News
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Speculation Surrounds Kate Middleton's Return to Royal Duties Amid Cancer Treatment
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Princess Catherine, Princess of Wales, has been diagnosed with cancer and is undergoing chemotherapy treatment. King Charles III expressed pride in Catherine's courage and disclosed that he had remained in close contact with her. The type of cancer has not been disclosed .
Catherine had faced intense speculation about her health and whereabouts after major abdominal surgery in January. Leaders around the world, including British Prime Minister Rishi Sunak and Canadian Prime Minister Justin Trudeau, expressed support for Catherine. Her younger brother, James Middleton, shared a childhood photo and expressed solidarity. Prince Harry and Meghan, the Duchess of Sussex, wished her health and healing privately .
Prince Harry and Meghan Markle reached out personally to Kate Middleton following...
#newstr #KateMiddleton #CancerTreatment #RoyalDuties #AbdominalSurgery #Chemotherapy #Recovery #PublicEngagements
Millions of Americans at Risk of Losing Home Internet Access as Emergency Broadband Benefit Program Set to Expire
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President Joe Biden visited Raleigh-Durham on Thursday and announced $82 million in funding to connect an additional 16,000 households and businesses in North Carolina to high-speed internet. The funding is part of the American Rescue Plan's capital projects fund. Biden's visit to North Carolina was part of his ongoing efforts to promote his economic vision, known as 'Bidenomics,' and highlight the positive impact of his policies.
In addition to the funding for high-speed internet, President Biden also addressed other issues during his visit. He emphasized the importance of investing in America's infrastructure, manufacturing, and education. Biden highlighted the significant investments made in these areas under his administration, which have already resulted in the creation of over 400,0...
#newstr #InternetAccess #AffordableConnectivityProgram #DigitalDivide #LowincomeHouseholds #Congress #FederalCommunicationsCommission
House GOP Plan to Cut Social Security Benefits and Ban Abortions Clashes with Biden's Agenda
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President Joe Biden has proposed a four-point plan to strengthen Social Security. The plan includes increasing payroll taxation on high earners, shifting the measure of inflation from the CPI-W to the CPI-E, increasing the special minimum benefit, and gradually increasing the primary insurance amount (PIA) for aged beneficiaries. Biden's proposal aims to address the funding shortfall and extend the solvency of the program's asset reserves by about five years. However, the plan falls short of closing the long-term funding gap, which currently stands at more than $22 trillion. If no action is taken, Social Security may face benefit cuts of up to 23% by 2033. Despite Biden's efforts, the proposal is unlikely to become law due to the lack of bipartisan support in Congress .
According to an op...
#newstr #SocialSecurity #Medicare #JoeBiden #BarackObama #NancyPelosi #DonaldTrump #AffordableCareAct #Aca
QNB Predicts Limited Downside for Euro in 2024 Despite EU Sluggishness
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The start of 2024 FX trading has seen a modest reversal of the pro-risk trends that dominated late last year. The market seems to have priced in the speed and magnitude of rate cuts for this year too quickly. The soft landing playbook could see a temporary reversal if the December US jobs report comes in strong. A backup in short-term rates could be mildly dollar positive and risk negative, but this should be a correction. The first rate cut is expected in May. Money markets are currently pricing in 16bp of easing in March, leaving room for further backup in short-term rates. High beta, pro-cyclical currencies that performed well during last year's rally may continue to give back some gains. The G10 FX under-performers since the correction in short-term US rates have been the high-beta Sca...
#newstr #Euro #Eu #Qnb #EconomicOutlook #CurrencyExchange
President Biden Signs $1.2 Trillion Spending Bill, Calls on Congress to Pass Plan to Help Ukraine
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President Joe Biden has signed a $1.2 trillion budget bill into law, ensuring that the U.S. government remains funded and averting a partial shutdown. The bipartisan bill, which covers the fiscal year that began six months ago, aims to invest in the American people, strengthen the economy, and enhance national security. The signing of the bill was announced in a statement released by the White House. The bill was passed by the Senate earlier in the day, ending the threat of a government shutdown. The funding package includes funding for various departments and federal programs, such as Defense, Education, Health and Human Services, Homeland Security, Labor, State, and Treasury. It also includes earmarks for community project funding and addresses the crisis at the border by providing fundi...
#newstr #PresidentBiden #UsGovernment #SpendingBill #GovernmentShutdown #Ukraine
India and Pakistan to Face Off in ICC T20 World Cup 2024 in New York
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The ICC Men's T20 World Cup 2024 match between India and Pakistan is scheduled to be played on June 9 at the newly built stadium in Nassau County, New York. The match will start at 10.30 am (EDT). The T20 World Cup will begin on June 1 and will be played across the USA and West Indies. The tournament will feature eight matches at the Nassau County stadium, including the India vs Pakistan clash. The Trophy Tour for the event was launched at the Empire State Building in New York, with Chris Gayle and Ali Khan lighting up the iconic skyscraper. The T20 World Cup Trophy will be the prize for all 20 teams competing in the tournament. The West Indies and USA will host the matches from June 1-29.
The Pakistan Cricket Board (PCB) has urged the International Cricket Council (ICC) to sign the hosti...
#newstr #IndiaVsPakistanT20 #IccT20WorldCup2024 #Cricket #Sports
EUR/USD Faces Volatility Amid Central Bank Speakers and Economic Data
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The EUR/USD currency pair is testing the key 200-day Simple Moving Average (SMA) on Friday, trading in the lower 1.0800s. The pair has experienced increased volatility since the Federal Reserve (Fed) policy meeting on Wednesday, with the release of US flash data for March showing the US economy in better shape than the euro area. The renewed strength of the US Dollar (USD) has forced EUR/USD to make a sharp U-turn on Thursday and close the day deep in negative territory. The S&P Global surveys from the US showed that the business activity in the private sector continued to expand at a healthy pace in early March, with the Composite PMI arriving at 52.2. The benchmark 10-year US Treasury bond yield is down nearly 1% on the day below 4.25%. In case US yields continue to edge lower ahead of t...
#newstr #Eur/usd #UsDollar #GermanData #TechnicalAnalysis #EconomicCalendar
US Inflation Gauge Supports Fed's Patient Approach to Interest Rates
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US consumer inflation unexpectedly accelerated in February, with the annual consumer price index (CPI) coming in at 3.2%, higher than the expected 3.7%. The 'core' CPI, which excludes volatile food and energy prices, slightly decreased to 3.8%. The increase in prices adds pressure on President Joe Biden as he seeks reelection. The Federal Reserve is likely to focus on 'core' inflation when deciding on interest rate cuts, with the goal of lowering inflation. The Labor Department noted that the indexes for shelter and gasoline both rose in February, contributing to the overall increase. Energy prices rose 2.3% from January to February. Economists expect officials to want more evidence of sustainable price decreases before considering rate cuts. Contrary to market expectations, the United Sta...
#newstr #UsInflation #FederalReserve #InterestRates #CorePersonalConsumptionExpenditures
Biden Administration Relaxes Auto Emissions Standards as Electric Vehicle Sales Slow
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The Biden administration has announced new automobile emissions standards that aim to cut planet-warming emissions from passenger vehicles. The new rules, which relax initial tailpipe limits proposed last year, still set ambitious targets for reducing emissions. The Environmental Protection Agency (EPA) stated that the industry could meet the limits if 56% of new vehicle sales are electric by 2032, along with at least 13% plug-in hybrids or other partially electric cars, as well as more efficient gasoline-powered cars. The new standards are expected to avoid over 7 billion tons of carbon emissions over the next three decades and provide significant economic benefits. President Biden praised the progress made towards his goal of having half of all new cars and trucks sold in the U.S. be zer...
#newstr #BidenAdministration #AutoEmissionsStandards #ElectricVehicles #EnvironmentalProtection #FossilFuelLobby
President Biden Signs $1.2 Trillion Spending Bill, Ensuring Government Funding
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#610da256 ver:0.49
President Joe Biden has signed a $1.2 trillion budget bill into law, ensuring that the U.S. government remains funded and averting a partial shutdown. The bipartisan bill, which covers the fiscal year that began six months ago, aims to invest in the American people, strengthen the economy, and enhance national security. The signing of the bill was announced in a statement released by the White House. The bill was passed by the Senate earlier in the day, ending the threat of a government shutdown. The funding package includes funding for various departments and federal programs, such as Defense, Education, Health and Human Services, Homeland Security, Labor, State, and Treasury. It also includes earmarks for community project funding and addresses the crisis at the border by providing fundi...
#newstr #UsGovernment #SpendingBill #GovernmentShutdown
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Five Individuals Sentenced to Death for Murder of Rivers Local Security Commander
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In a recent development, a Rivers State High Court in Port Harcourt has sentenced five individuals to death by hanging for the murder of Alex Umezuruike, the commander of OSPAC, a local security outfit in the state. The convicts, namely Okechukwu Orji, Igwe Promise, Iheanyi Igwe, Morrison Igwe, and Goodness Monday, were found guilty of ten counts, including conspiracy, cultism, murder, and illegal possession of firearms. The court acquitted the sixth defendant, Alex Deiwe. The convicts were involved in kidnapping and other criminal activities before their arrest. The prosecution counsel expressed satisfaction with the judgment, stating that it would serve as a deterrent to others involved in such crimes. Alex Umezuruike was killed, beheaded, and dismembered by cultists in 2021 for fighting...
#newstr #Murder #DeathPenalty #Security #Police #DeltaState
South African Political Parties Address Socio-Economic Issues in Their Manifestos
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Once upon a time in South Africa, four political parties, ActionSA, the Democratic Alliance (DA), the GOOD party, and the Alliance of Citizens for Change (ACC), unveiled their visions for the country's future.
ActionSA, led by Herman Mashaba, aimed to bring about positive change and progress. They took a stand against delayed water projects in Polokwane, holding the mayor accountable for the oversight and expressing concern over potential corruption and mismanagement. ActionSA also called on the Minister of Water and Sanitation to fulfill their duty of supplying water to the people of Giyani, Seshego, and the entire province of Limpopo. Beyond water projects, ActionSA launched their election campaign with promises of better education, economic prospects, and border security. They aimed to...
#newstr #SouthAfrica #PoliticalParties #Manifestos #SocioeconomicIssues #Acc #SocialJustice #Crime #Unemployment #LoadShedding #Corruption
Controversies Surrounding Mohbad's Death Investigation
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The ongoing inquest into the death of Ilerioluwa Oladimeji Aloba, popularly known as Mohbad, has been marred by controversies and calls for the recusal of the Coroner, Magistrate Adedayo Shotobi. Mohbad, a 27-year-old musician, died on September 12, 2023, sparking protests and raising questions about the circumstances of his death. The Lagos State government initiated a coroner's inquest into the matter, which began on October 13, 2023. However, a human rights group called 'International Observers in the Pursuit of Justice' has expressed concerns about the handling of the case and called for equity, fairness, and justice to prevail .
The group has specifically called on Magistrate Adedayo Shotobi to recuse himself from the case if he is unable to handle it impartially. They highlighted an...
#newstr #Mohbad #LagosCoroner #HumanRights #Inquest #Equity #Fairness #Justice #Witnesses #WitnessProtectionAct
Study Reveals Effectiveness of Protest Tactics in Increasing Public Support for Black Lives Matter Movement
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Protests against the soaring prices of food items and the high cost of living in Nigeria have continued in Lagos, despite warnings issued by the Lagos State Police Commissioner. On Monday, members of the 'Take It Back Movement,' a human rights group, along with other civil society organizations such as the Joint Action Front and the Coalition for Revolution, took to the streets of Lagos to express their grievances about the current economic situation. The protesters were seen carrying placards with various inscriptions at Ojuelegba under the bridge. Police officers and officers of the Lagos Neighbourhood Safety Corps were present to accompany the protesters. The Lagos State Police Commissioner had warned residents against disrupting economic activities during the planned protest, emphasizi...
#newstr #Protests #EconomicHardship #PoliceBrutality #HumanRightsViolations #BlackLivesMatter #ProtestTactics #PublicSupport #RacialJusticeProtests #SurveyExperiment #RacialAnimosity
Vice President Harris Highlights Biden Administration's Efforts to Reduce Gun Violence in Parkland, Florida
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US Vice President Kamala Harris traveled to Parkland, Florida to shine a spotlight on the Biden administration's push to reduce gun violence. During her visit, Harris met with the families of the victims of the 2018 mass shooting at Marjory Stoneman Douglas High School. She announced the launch of the National Extreme Risk Protection Order Resource Center, which is funded through a Department of Justice grant. Harris also called on states to utilize resources from the bipartisan gun control bill to implement red flag laws. The Vice President was joined by Representative Jared Moskowitz and other state officials during her visit. The trip to Parkland is part of the administration's ongoing efforts to address gun violence in the United States .
Earlier this month, Vice President Harris made...
#newstr #KamalaHarris #Parkland #GunViolence #BidenAdministration #MarjoryStonemanDouglasHighSchool #NationalExtremeRiskProtectionOrderResourceCenter #RedFlagLaws #JaredMoskowitz
Family Demands Justice for Sachin Sharma's Wrongful Death Due to Blood Transfusion Error in Jaipur, Grandfather's Death Sparks Demand for Action in Brisbane, and Clash in Madhya Pradesh Leads to Death of 70-Year-Old Man
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The family of Sachin Sharma, a 23-year-old resident of Dausa, is demanding justice and compensation after he died from a wrong blood transfusion in Jaipur. The incident has highlighted the importance of medical accuracy and the need for systemic reforms to prevent future tragedies .
Sachin Sharma's family is seeking Rs 50 lakh in compensation, a government job for a family member, and the prosecution of the hospital staff responsible for the error. The postmortem report revealed substantial damage to Sharma's kidney, liver, and lungs due to the incompatible blood. In protest, the family climbed a water tank to draw attention to their demands. Local authorities have responded to the crisis and offered financial assistance .
In a separate incident, Russell Bates, a grandfather from Brisban...
#newstr #BloodTransfusionError #WrongfulDeath #HospitalStaffShortages #Grandfather'sDeath #Clash #MadhyaPradesh
Congress Raises Concerns About DOJ's National Extreme Risk Center for Gun Control
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Congress has expressed concerns about the Department of Justice's (DOJ) 'National Extreme Risk' center, which provides resources and guidance on filing protection orders against gun owners deemed at risk. The center, known as the National Extreme Risk Protection Order Resource Center, was established with the help of the Johns Hopkins Center for Gun Violence Solutions and received funding from the DOJ's Byrne State Crisis Intervention Program and the Bloomberg American Health Initiative. Some members of Congress, including Rep. Thomas Massie, Rep. Kat Cammack, and Rep. Marjorie Taylor Greene, oppose the center, citing concerns about the Second Amendment. However, not all members of Congress opposed the bill that initiated the center. The launch of the center follows an independent panel's ...
#newstr #GunControl #DepartmentOfJustice #NationalExtremeRiskCenter