Other News

Wall Street soars yet again; bitcoin crashes below $10,000

NEW YORK, United States (AFP) — Wall Street shot past a fresh set of a milestones on Wednesday as irrepressible investor appetite returned US stocks to their steady stream of record finishes. Across the Atlantic, however, European equities churned lower as market players took their cue from downbeat sentiment in Asia. Virtual currency bitcoin dived, falling below $10,000 for the first time in six weeks in what one analyst called a “cryptocalypse” as several digital […]

Immigration tensions roil US Congress as shutdown looms

by Michael Mathes Agence France Presse WASHINGTON, United States (AFP) — With barely two days before the US government runs out of money, and President Donald Trump feuding with Democrats over immigration, Republican congressional leaders scrambled Wednesday to avoid an embarrassing federal shutdown. A bipartisan deal on immigration that would shield some 700,000 people from deportation lay in tatters after the president’s reported use of vulgar language during a tense White House meeting last week […]

NBA: Houston’s Ariza, Green banned two games for locker room visit

NEW YORK, United States (AFP) — Houston Rockets forward Trevor Ariza and guard Gerald Green were each suspended two games by the NBA on Wednesday for a hostile confrontation with rivals in their opponents’ locker room. The incident took place after the Los Angeles Clippers beat the visiting Rockets 113-102 on Monday. A league investigation that included more than 20 interviews with coaches, players staff and executives from both teams plus arena personnel determined Ariza […]

Heatwave forces Tour Down Under to be shortened

ADELAIDE, Australia (AFP) — South Australia’s extreme heatwave conditions have forced Tour Down Under organizers to shorten Thursday’s third stage from Glenelg to Victor Harbor. With temperatures forecast to climb above 40 degrees Celsius (104 Fahrenheit), race director Mike Turtur said the distance of the stage had been reduced by 26 kilometres, or two laps of the final circuit. “The safety and welfare of the riders, spectators and everyone involved with the race is always our primary concern,” Turtur said in a statement. “We […]

SWS: Duterte gov’t nets record-high “excellent” satisfaction rating

Duterte admin surpasses its previous records, record achieved by then-President Benigno Aquino III’s gov’t in June 2013 (Eagle News) — The government of President Rodrigo Duterte has obtained a record-high rating of excellent, surpassing its previous records and the record achieved by his predecessor’s administration, based  on the latest Social Weather Stations survey. Results of the poll done from December 8 to 16, 2017 showed that 79% of adult Filipinos were satisfied with the general performance of […]

Football: Chelsea edge into FA Cup fourth round, Bournemouth rocked

by Steven Griffiths Agence France-Presse LONDON, United Kingdom (AFP) – Chelsea needed a penalty shoot-out before finally killing off Norwich after a 1-1 draw in Wednesday’s FA Cup third round replay, while Bournemouth slumped to a 3-0 defeat at Wigan. Antonio Conte’s side finished extra-time down to nine men after late red cards for Pedro and Alvaro Morata at Stamford Bridge. They had been forced into the extra period when Jamal Lewis’s last-gasp equaliser cancelled out Michy […]

Olympics: IOC ready to splash cash on 2026 Winter Games

MONTREAL, Canada (AFP) – The International Olympic Committee pledged to boost funding for the 2026 Winter Olympics on Wednesday as it seeks it encourage more cities to bid for the games. An ever-shrinking pool of cities willing to take on the multi-billion dollar cost of staging the games saw just two cities in the running for 2022 — Beijing and Almaty. Four cities — Sion in Switzerland, Stockholm, Calgary and Sapporo are believed to be exploring a […]

Trump says Russia undermining N.Korea sanctions

WASHINGTON, United States (AFP) — US President Donald Trump on Wednesday accused Russia of undermining international sanctions against North Korea and weakening efforts to curb Kim Jong-Un’s nuclear weapons program. “Russia is not helping us at all with North Korea,” Trump told the Reuters news agency. “What China is helping us with, Russia is denting.” Last month, Trump had already denounced Russia for “not helping” global efforts to pressure Pyongyang to halt the development of nuclear weapons […]

Republican senator accuses Trump of Stalin-like attacks on media

by Emma Charlton Agence France-Presse WASHINGTON, United States (AFP) – A maverick senator from Donald Trump’s own Republican party launched a stinging attack on the president on Wednesday, accusing him of employing Stalinist language to “slur” and undermine the free press. Arizona lawmaker Jeff Flake leveled the broadside in an address from the Senate floor, timed to coincide with the expected announcement of controversial “Fake News Awards” by Trump’s administration. Delivering a one-two punch after veteran Republican […]

Global air traffic at new record: UN agency

MONTREAL, Canada (AFP) – Budget carriers continued to push global air traffic to new record levels last year, the International Civil Aviation Organization (ICAO) said on Wednesday. Scheduled air services carried “a new record” of 4.1 billion passengers in 2017, an increase of 7.1 percent over the previous year, ICAO said, citing preliminary data. The figure compares with six percent growth in 2016. “The sustainability of the tremendous growth in international civil air traffic is demonstrated by […]