Archives

Cyprus hails Moody’s two-notch credit rating upgrade bringing the country into investment grade

Cyprus is hailing a two-notch upgrade by credit ratings agency Moody’s that has brought the east Mediterranean island nation back into investment-grade territory a decade after a financial crisis left the country on the brink of bankruptcy ByThe Associated Press September 30, 2023, 5:18 AM NICOSIA, Cyprus — Cyprus on Saturday hailed a two-notch upgrade by credit ratings agency Moody’s to bring the east Mediterranean…

The Flying Scotsman locomotive collided with another train in Scotland. Several people were injured

Several people have been injured after the Flying Scotsman steam locomotive was involved in a low-speed crash with another heritage train in the Scottish Highlands BySYLVIA HUI Associated Press September 30, 2023, 7:48 AM The Flying Scotsman, a historical locomotive, arrives at Kings Cross railway station in London to pick up passengers for its journey to York, Thursday, Feb. 25, 2016. Several people were injured…

UAE’s president-designate for UN COP28 offers full-throated defense of nation hosting climate talks

DUBAI, United Arab Emirates — The Emirati president-designate for the upcoming United Nations COP28 climate conference offered a full-throated defense Saturday of his nation hosting the talks, dismissing those who “just go on the attack without knowing anything, without knowing who we are.” Climate activists roundly criticized Sultan al-Jaber’s appointment as the president-designate of the talks because he serves as the CEO of the Abu…

Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance

LAHAINA, Hawaii — Shaun “Buge” Saribay felt like giving up. Hours of makeshift firefighting with garden hoses and buckets of water across Lahaina didn’t stop flames from consuming his house, his rental properties and thousands of other structures in his beloved hometown. Drained, dirty and delirious, he continued anyway, pedaling a bicycle he found during the apocalyptic night of Aug. 8 to one Lahaina neighborhood…

Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie

NEW YORK — He’s driven a taxi cab, played in a band and protested the Vietnam War. As a New York City judge, Arthur Engoron has resolved hundreds of disputes, deciding everything from zoning and free speech issues to a custody fight over a dog named “Stevie.” Now, in the twilight of a distinguished two-decade career on the bench, the erudite, Ivy League-educated judge is…

Federal student loan payments are starting again. Here’s what you need to know

NEW YORK — President Joe Biden is making another attempt at student loan cancellation after the Supreme Court ruled earlier this year that his administration couldn’t forgive $400 billion in student loan debt using a 2003 law called the HEROES Act. The first of three hearings took place Tuesday, when more than a dozen people chosen by the Biden administration met to begin a process…

Government shutdown averted with little time to spare as Biden signs funding before midnight

WASHINGTON — The threat of a federal government shutdown suddenly lifted late Saturday as President Joe Biden signed a temporary funding bill to keep agencies open with little time to spare after Congress rushed to approve the bipartisan deal. The package drops aid to Ukraine, a White House priority opposed by a growing number of GOP lawmakers, but increases federal disaster assistance by $16 billion,…

Trump seethes through the start of trial in New York lawsuit accusing him of lying about his wealth

NEW YORK — Aggrieved and defiant, former President Donald Trump spent a day in court Monday for the sometimes testy start of a trial in a fraud lawsuit that could cost him control of Trump Tower and other prized properties. “Disgraceful trial,” he declared during a lunch break, after listening to lawyers for New York Attorney General Letitia James excoriate him as a habitual liar….

Stock market today: Most of Wall Street slips as the bond market cranks up the pressure

BANGKOK — Asian markets declined Tuesday following a mixed session on Wall Street, where buying was pressured by rising bond yields. U.S. futures fell and oil prices also were lower. Hong Kong’s Hang Seng dropped more than 3% as investors unloaded property shares. However, China Evergrande was up nearly 16%, resuming trading after its shares were suspended last week as the troubled real estate developer…