Malaysia missing airline: Air probe finds scant evidence of attack

March 11, 2014

Malaysia_missing_airlineKuala Lumpur/Washington, Mar 11: Investigators in Malaysia are voicing skepticism that the airliner that disappeared early Saturday with 239 people on board was the target of an attack, US and European government sources close to the probe said.

The fate of the Malaysian airliner that vanished about an hour into a flight to Beijing remained a mystery, as a massive air and sea search, now in its third day, failed to turn up any trace of the Boeing 777 plane.

Neither Malaysia's Special Branch, the agency leading the investigation locally, nor spy agencies in the United States and Europe have ruled out the possibility that militants may have been involved in downing Malaysia Airlines Flight MH370.

But Malaysian authorities have indicated that the evidence so far does not strongly back an attack as a cause for the aircraft's disappearance, and that mechanical or pilot problems could have led to the apparent crash, the US sources said.

"There is no evidence to suggest an act of terror," said a European security source, who added that there was also "no explanation what's happened to it or where it is."

Meanwhile, dozens of ships and aircraft from 10 countries were still scouring the seas around Malaysia and south of Vietnam as questions mounted over possible security lapses that could have led to a downing of the Boeing 777-200ER after it climbed to an altitude of 35,000 feet (10,670 meters).

Interpol confirmed on Sunday at least two passengers used stolen passports and said it was checking whether others aboard had used false identity documents.

Even so, one U.S. source said Malaysian authorities were leaning away from the theory that the plane was attacked. Their view was mostly based on electronic evidence that indicates the flight may have turned back toward the Malaysian capital of Kuala Lumpur before disappearing.

Even that information has not been clearly confirmed, and investigators and intelligence sources say the fate of the Flight MH370 is still shrouded in mystery.

One reason was that the aircraft had failed to make automatic contact with a flight data-monitoring system after vanishing from radar screens, two people familiar with the matter said on Monday. Such contact could have helped investigators determine what happened.

The aircraft was equipped with a maintenance computer capable of talking to the ground automatically through short messages known as ACARS. "There were no signals from ACARS from the time the aircraft disappeared," a source involved in the investigations said.

Also raising doubts about the possibility of an attack, the United States extensively reviewed imagery taken by spy satellites for evidence of a mid-air explosion, but saw none, a U.S. government source said. The source described US satellite coverage of the region as thorough.

With no success so far, authorities were planning to widen the search from Tuesday, Azharuddin Abdul Rahman, the head of Malaysia's Civil Aviation Authority, told reporters on Monday.

"Unfortunately we have not found anything that appears to be objects from the aircraft, let alone the aircraft," he said. "As far as we are concerned, we have to find the aircraft. We have to find a piece of the aircraft if possible."

Azharuddin said a hijacking attempt could not be ruled out as investigators explore all theories.

A senior police official told Reuters that people armed with explosives and carrying false identity papers had tried to fly out of Kuala Lumpur in the past, and that current investigations were focused on two passengers who were on the missing plane with stolen passports.

"We have stopped men with false or stolen passports and carrying explosives, who have tried to get past KLIA (airport) security and get on to a plane," he said. "There have been two or three incidents, but I will not divulge the details."

Azharuddin also said the two men with stolen passports did not look like Asians, but he did not elaborate. Airport CCTV footage showed they completed all security procedures, he said.

"We are looking at the possibility of a stolen passport syndicate," he said.

About two-thirds of the 227 passengers and 12 crew now presumed to have died aboard the plane were Chinese. The airline said other nationalities included 38 Malaysians, seven Indonesians, six Australians, five Indians, four French and three Americans.

A senior source involved in preliminary investigations in Malaysia said the failure to find any debris indicated the plane may have broken up mid-flight, which could disperse wreckage over a very wide area.

"The fact that we are unable to find any debris so far appears to indicate that the aircraft is likely to have disintegrated at around 35,000 feet," said the source.

Asked about the possibility of an explosion, the source said there was no evidence of foul play and that the aircraft could have broken up due to mechanical causes.

Still, the source said the closest parallels were the bomb explosions on board an Air India jetliner in 1985 when it was over the Atlantic Ocean and a Pan Am aircraft over the Scottish town of Lockerbie in 1988. Both planes were cruising at around 31,000 feet at the time.

Underlining the lack of hard information about the Malaysian plane's fate, a U.S. Navy P-3 aircraft capable of covering 1,500 square miles (3,900 square km) every hour was sweeping the northern part of the Strait of Malacca, on the other side of the Malaysian peninsula from where the last contact with MH370 was made.

No distress signal was sent from the lost plane, which experts said suggested a sudden catastrophic failure or explosion, but Malaysia's air force chief said radar tracking showed it may have turned back from its scheduled route before it disappeared.

Superior safety record

The Boeing 777 has one of the best safety records of any commercial aircraft in service. Its only previous fatal crash came on July 6 last year when Asiana Airlines Flight 214 struck a seawall on landing in San Francisco, killing three people.

US planemaker Boeing declined to comment.

The passenger manifest issued by the airline included the names of two Europeans who were not on the plane. Their passports had been stolen in Thailand during the past two years.

An Interpol spokeswoman said a check of all documents used to board the plane had revealed more "suspect passports", which were being investigated.

"Whilst it is too soon to speculate about any connection between these stolen passports and the missing plane, it is clearly of great concern that any passenger was able to board an international flight using a stolen passport listed in Interpol's databases," Interpol Secretary General Ronald Noble said.

A Thai travel agent who arranged the tickets for the two passengers using the stolen passports said she had booked them on the flight via Beijing because they were the cheapest tickets, the Financial Times reported.

The travel agent in the resort of Pattaya said an Iranian business contact she knew only as "Mr. Ali" had asked her to book tickets for the two men on March 1.

She had initially booked them on other airlines but those reservations expired and on March 6, Mr. Ali had asked her to book them again. She told the newspaper she did not think Mr. Ali, who paid her in cash and booked tickets with her regularly, was linked to terrorism.

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News Network
April 18,2020

Washington, Apr 18: The United States on Friday passed 700,000 confirmed coronavirus cases, according to a tally maintained by Johns Hopkins University.

With the highest number of cases and deaths of any country in the world, the US had recorded 700,282 cases of COVID-19 and 36,773 deaths as of 8:30 pm (0030 GMT Friday), according to the Baltimore-based university.

That marked an increase of 3,856 deaths in the past 24 hours, but that figure likely includes "probable" virus-linked deaths, which had not previously been counted.

This week, New York City said it would add 3,778 "probable" virus deaths to its official count.

The US Centers for Disease Control and Prevention gave a toll Friday night of 33,049 dead, including 4,226 probable virus-linked deaths.

The United States has seen the highest death toll in the world in the coronavirus pandemic, ahead of Italy (22,745 deaths) although its population is just a fifth of that of the US.

Spain has recorded 19,478 deaths, followed by France with 18,681.

Trump announces $19 billion relief for farmers amid COVID-19 epidemic

President Donald Trump on Friday announced a $19 billion financial rescue package to help the agriculture industry weather the staggering economic downturn sparked by measures to defeat the coronavirus.

Trump told a press conference the government "will be implementing a $19 billion relief program for our great farmers and ranchers as they cope with the fallout of the global pandemic."

The program will include direct payments to farmers, ranchers and producers who Trump said have experienced "unprecedented losses during this pandemic."

Agriculture Secretary Sonny Perdue said US farmers have been hit hard by a sharp shift in demand, as schools and restaurants close and more Americans eat at home.

That has disrupted the food supply chain, forcing farmers in many places to destroy dairy output and plow under crops that no longer have buyers.

"Having to dump milk and plow under vegetables ready to market is not only financially distressing, but it's heartbreaking as well to those who produce them," Perdue said.

Perdue said some $3 billion of the money would go to buying produce and milk from such farmers, and redistribute it to community food banks.

Millions of Americans have recently turned to food pantries for meals and groceries after losing their jobs.

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News Network
March 25,2020

Hubei, Mar 25: As a bus departed from its terminus at Hankou Railway Station at 5:25 am Wednesday morning, Wuhan started to resume bus service after nine weeks of lockdown.

Apart from a driver, a safety supervisor was also on each bus, whose duty was to make sure all passengers are healthy.
"For those who do not use smartphones, they should bring with them a health certificate issued by the health authorities," said Zhou Jingjing, a safety supervisor aboard bus No. 511 departing from the Wuchang Railway Station complex.
The once hardest-hit city in central China's Hubei Province during the COVID-19 outbreak took unprecedented traffic restrictions on Jan 23. All of its public transport and all outbound flights and trains had been suspended in an attempt to contain the virus within the region.

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News Network
April 21,2020

New York, Apr 21: Oil prices plunged below zero on Monday as demand for energy collapses amid the coronavirus pandemic and traders don't want to get stuck owning crude with nowhere to store it.

Stocks were also slipping on Wall Street in afternoon trading, with the S&P 500 down 0.9%, but the market's most dramatic action was by far in oil, where benchmark U.S. crude for May delivery plummeted to negative $3.70 per barrel, as of 2:15 pm. Eastern time.

Much of the drop into negative territory was chalked up to technical reasons — the May delivery contract is close to expiring so it was seeing less trading volume, which can exacerbate swings. But prices for deliveries even further into the future, which were seeing larger trading volumes, also plunged.

Demand for oil has collapsed so much due to the coronavirus pandemic that facilities for storing crude are nearly full.

Tanks could hit their limits within three weeks, according to Chris Midgley, head of analytics at S&P Global Platts.

Benchmark U.S. crude oil for June delivery, which shows a more ”normal” price, fell 14.8% to $21.32 per barrel, as factories and automobiles around the world remain idled. Big oil producers have announced cutbacks in production in hopes of better balancing supplies with demand, but many analysts say it's not enough.

“Basically, bears are out for blood,” analyst Naeem Aslam of Avatrade said in a report. “The steep fall in the price is because of the lack of sufficient demand and lack of storage place given the fact that the production cut has failed to address the supply glut.”

Halliburton swung between gains and sharp losses, even though it reported stronger results for the first three months of 2020 than analysts expected. The oilfield engineering company said that the pandemic has created so much turmoil in the industry that it “cannot reasonably estimate” how long the hit will last. It expects a further decline in revenue and profitability for the rest of 2020, particularly in North America.

Brent crude, the international standard, was down $1.78 to $26.30 per barrel. .

In the stock market, the mild drops ate into some of the big gains made since late March, driven lately by investors looking ahead to parts of the economy possibly reopening as infections level off in hard-hit areas.

Pessimists have called the rally overdone, pointing to the severe economic pain sweeping the world and continued uncertainty about how long it will last.

The Dow Jones Industrial Average was down 364 points, or 1.5%, to 23,887. The Nasdaq was down 0.1%..

More gains from companies that are winners in the new stay-at-home economy helped limit the market's losses Amazon rose 1.4%, and Netflix jumped 3.8% as people shut in at home buy staples and look to fill their time. Clorox likewise rose toward a new record and was up 1% as households and businesses that remain open look to stay clean.

In Tokyo the Nikkei 225 fell 1.1% after Japan reported that its exports fell nearly 12% in March from a year earlier as the pandemic hammered demand in its two biggest markets, the U.S. and China.

The Hang Seng index in Hong Kong lost 0.2%, and South Korea's Kospi fell 0.8%.

European markets were modestly higher The German DAX was up 0.5%, the French CAC 40 was up 0.7% and the FTSE 100 in London gained 0.7%.

In a sign of continued caution in the market, Treasury yields remained extremely low. The yield on the 10-year Treasury slipped to 0.64% from 0.65% late Friday. It started the year near 1.90%. Bond yields drop when their prices rise, and investors tend to buy Treasurys when they're worried about the economy.

Stocks have been on a generally upward swing recently, and the S&P 500 just closed out its first back-to-back weekly gain since the market began selling off in February. Promises of massive aid for the economy and markets by the Federal Reserve and U.S. government ignited the rally, which sent the S&P 500 up as much as 28.5% since a low on March 23.

More recently, countries around the world have tentatively eased up on business-shutdown restrictions put in place to slow the spread of the virus.

But health experts warn the pandemic is far from over and new flareups could ignite if governments rush to allow ”normal” life to return prematurely.

The S&P 500 remains about 15% below its record high in February as millions more U.S. workers file for unemployment every week amid the shutdowns.

Many analysts also warn that a significant part of the recent recovery in stocks is due to the expectation among some investors that the economy will rebound sharply once economic quarantines are lifted. They're essentially predicting that a line chart of the economy will ultimately resemble the letter “V,” with a wild ride down but then a quick pivot to a vigorous recovery.

That may be to optimistic. “We caution that a U-shaped recovery is also quite likely,” where the economy bottoms out and stays at that low level for a while before recovering, strategists at Barclays warned in a recent report.

Without strong testing programs for COVID-19, businesses likely won't feel comfortable bringing back their full workforces for a while.

”With risk assets now overbought, the chance for a correction has increased,” Morgan Stanley strategists wrote in a report.

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