Other News

Texas battles largest wildfire in state history, leaving one dead and scorching one million acres

HOUSTON, March 1, 2024 (AFP) – Texas emergency crews were struggling Thursday to contain the largest wildfire in the US state’s history, with the blaze leaving at least one person dead and scorching a million acres as it raged out of control. The Texas A&M Forest Service said six major fires, fueled by winter heat and ferocious winds, were actively burning, five of them across the state’s northern area known as the Texas panhandle. The […]

Riding high on AI, Nvidia is no bubble, says Wall Street

By Thomas URBAIN The emergence of AI bots like OpenAI’s ChatGPT and Google’s Bard has fueled a massive rise in share prices of chip-making juggernaut Nvidia, with its skyrocketing stock now making it the world’s fourth biggest company by market capitalization. And for Wall Street, it’s no bubble. Between the launch of ChatGPT on November 30, 2022, for example, and the market close on February 23, Nvidia’s share price increased fivefold, lifted to investor heaven […]

To the Moon and back: NASA’s Artemis II crew rehearses splashdown

By Romain FONSEGRIVES Their mission around the Moon is not expected until September 2025 at the earliest, but the four astronauts on NASA’s Artemis II mission are already preparing for their splashdown return. Over the past week, the three Americans and one Canadian chosen for the historic Moon mission have been training at sea with the US Navy off the coast of California. “This is crazy. This is the stuff of movies, and we’re living […]

4.8-magnitude earthquake strikes off Surigao del Sur early Friday

(Eagle News)–A 4.8-magnitude earthquake struck off Surigao del Sur early Friday, March 1. The Philippine Institute of Volcanology and Seismology said the quake hit at 1:24 a.m. Its epicenter was 90 kilometers southeast of Marihatag. The depth of focus was five kilometers. The following intensities were reported: Intensity II – Marihatag, Surigao del Sur Intensity I – City of Tandag, Surigao del Sur No damage to property nor aftershocks were reported.  

Hubert Dominic Guevara appointed SEC commissioner

(Eagle News)– Hubert Dominic Guevara has been appointed commissioner of the Securities and Exchange Commission. The Presidential Communications Office made the announcement in a Facebook post on Thursday night. Prior to his appointment, Guevara, a lawyer, served as senior deputy executive secretary. He is also former director of the SEC’s Compliance and Enforcement Department. The SEC is under the Department of Finance.

Putin warns West of nuclear war risk

MOSCOW, Feb 29, 2024 (AFP) – President Vladimir Putin warned Thursday of a “real” risk of nuclear war if the West escalates the conflict in Ukraine, offering a defiant and emboldened stance in his annual speech to Russians. Speaking in Moscow, Putin said his soldiers were advancing in Ukraine and warned the West of “tragic consequences” for any country that dared to send troops to Kyiv. “They have announced the possibility of sending Western military […]

Thousands of York University faculty workers go on strike

By Angela M. Patricio Eagle News Service TORONTO (Eagle News ) —An estimated 3,000 employees of York University, one of the largest universities in Ontario, are currently on strike, after a failure to reach a deal between the university and the union representing its faculty members, graduate assistants and part-time librarians. “Basic needs like housing and food have skyrocketed in price, but the wages for people who do the majority of teaching at York have […]

PHIVOLCS reports ‘elevated sulfur dioxide degassing’ at Taal

(Eagle News)– The Philippine Institute of Volcanology and Seismology on Thursday, Feb. 29, said there was an “elevated sulfur dioxide degassing” at Taal Volcano. In its advisory, PHIVOLCS said the 14558 tons measured on the day was the second highest flux recorded this year. Taal, which remains on alert level 1, also averaged approximately 9450 tons per day for the month of February and has been continuously degassing “voluminous concentrations” since 2001, it said. While […]

Mitch McConnell to step down as Republican leader in US Senate

By Camille CAMDESSUS WASHINGTON, Feb 28, 2024 (AFP) – Mitch McConnell, the powerful US political tactician who has advanced conservative causes for years and been a strong defender of aid to Ukraine, announced abruptly Wednesday that he would leave his post as leader of the Republicans in the Senate later this year. His speech to the chamber came as a surprise and prompted lawmakers from both parties to give him a standing ovation, though he […]

UK, US blast Hong Kong’s proposed new security law

LONDON, Feb 29, 2024 (AFP) – The United States and Britain on Wednesday criticized the Hong Kong government over a proposed new national security law, saying it would curtail freedoms in the finance hub. Massive pro-democracy protests rocked Hong Kong in 2019, bringing hundreds of thousands of people to the streets to call for greater freedoms. In response, Beijing imposed a national security law to punish four major crimes — secession, subversion, terrorism and collusion […]

Bitcoin soars above $60,000, eyes all-time high on ETF boost

By Roland Jackson in London and Matthew Surrusco in Hong Kong LONDON, Feb 28, 2024 (AFP) – Bitcoin passed the $60,000 mark on Wednesday, approaching its all-time high and continuing its unbridled rise since the approval of a new type of investment indexed to the cryptocurrency. Bitcoin traded as high as $61,360, closing in on its all-time high of $68,991 — struck in November 2021 and which some analysts believe is now within reach. Around […]

Iran defies West, launches imaging satellite from Russia

TEHRAN, Feb 29, 2024 (AFP) – Iran announced on Thursday the launch of a remote sensing and imaging satellite into orbit from Russia, according to state media. The launch of “Pars-I” with the Russian Soyuz-2.1b launcher was broadcast live by state television in Iran. The satellite was launched “from Russia’s Vostochny launch base”, some 8,000 kilometres (5,000 miles) east of Moscow, according to the official IRNA news agency. Iran’s telecommunications minister Issa Zareppur said “Pars-I” […]