Author: Press Room

New South Wales is set to introduce a domestic coal reservation policy to mitigate energy shortfalls across the state.State Treasurer Matt Kean is widely tipped to issue orders which will see coal miners reserve up to 10 per cent of their output.The order follows rules implemented before Christmas, which included a $125 a tonne cap on the price of coal sold to local retailers.It’s believed New South Wales generators will need around 22 million tonnes of coal this year to remain operational. Source: Sky News

Two Americans and two lawful U.S. permanent residents were on board the Yeti plane that crash in Nepal Sunday, the U.S. State Department confirmed Wednesday. “Our thoughts are with the families of those on board,” State Department spokesman Ned Price said Wednesday. “The United States stands ready to support Nepal in any way we can at this difficult hour.”The Yeti Airlines flight from Kathmandu that plummeted into a gorge in the foothills of the Himalayas Sunday, killing all 72 on board, was co-piloted by Anju Khatiwada, who had pursued years of pilot training in the United States after her husband died…

The chief executive of United Airlines warned that air travellers can expect continued chaos this year and that competitors have sold more flights than they can realistically operate.The airline industry is dealing with constraints that will limit flying this year, Scott Kirby told investors on an earnings call. The winter storm that precipitated a meltdown at Southwest Airlines caused problems at other airlines too, and structural changes in the industry mean problems are likely to continue, particularly at low-cost carriers.Airlines that try to fly as much as they did in 2019 will be forced to cancel flights, Kirby said Wednesday.…

Former high school teacher Ailia was devastated when her 85-year-old father died after displaying COVID-like symptoms as the virus swept through their hometown in the southeastern province of Jiangxi.While her father was never tested, Ailia and her mother were both confirmed positive around the same time and she believes that COVID was a cause in his death.As hundreds of millions of Chinese travel to reunite with families for the Lunar New Year holiday starting Jan. 21, many will do so after mourning relatives who died in the COVID-19 wave that has raged across the world’s largest population.For many, bereavement is…

CNN  —  Two New Jersey veterans say now-Congressman George Santos promised to raise funds for lifesaving surgery for one of their dogs in 2016, then became elusive and took off with the money. Santos, the embattled freshman Republican, faces growing pressure to resign after he lied and misrepresented his educational, work and family history. Santos has admitted to “embellishing” his resume, but has maintained he is “not a criminal.” Rich Osthoff, a US Navy veteran, told CNN his pit bull Sapphire began developing a tumor in 2015, and it continued to grow in 2016. Osthoff said he was homeless, living…

AHMEDABAD: An eight-year-old girl in India who stood to inherit a multi-million-dollar diamond fortune has instead been inducted as a nun to a strict religious order after renouncing worldly pleasures. Devanshi Sanghvi was, until this week, an heiress to the Sanghvi and Sons jewellery business in the western city of Surat, known locally as “Diamond City” for its prominence in the global gem trade. Her family are also members of the Jain faith, a small but ancient Indian religion that preaches non-violence, strict vegetarianism and love for all creatures great and small. This week, she was feted in a four-day ceremony…

Bloomberg reports that Genesis may be getting ready to declare bankruptcy. The troubled crypto lender has been under the shadow of insolvency for weeks, following the credit crisis that has hit the crypto industry.Genesis was one of the largest lenders in the space, often acting as a third-party for other lending outfits promising yields way above anything available in the traditional financial markets.Bloomberg reports that people familiar with the discussions taking place between Genesis, a unit of the Digital Currency Group, and it creditors suggest that bankruptcy could be declared as soon as this week.DCG is the nearest thing that…

CNN  —  A voting machine error that caused some votes to be double-counted could flip the outcome of a non-partisan local school board race in New Jersey, according to Monmouth County election officials. The error during the November election in Monmouth County occurred when votes were uploaded from a USB flash drive, according to a statement from Election Systems and Software, the county’s election system vendor. It altered the results of a school board race in Ocean Township, a community of about 28,000, according to the 2020 Census. “A technician inadvertently loaded votes twice in error,” said ES&S spokesperson Katina…

A Nassau County Democrat who vied for the congressional seat now held by disgraced GOP Rep. George Santos called the lying lawmaker a “flight risk” and demanded officials revoke the Republican’s passport. County Legislator Joshua Lafazan, 28, called Santos “without exaggeration … the biggest fraud in modern American politics” during a news conference at LaGuardia Airport Wednesday morning. Lafazan reminded reporters that Santos, 34, was under investigation at the “local, state, federal and international levels” for a myriad of alleged offenses, including campaign finance violations and “conspiracy to defraud the United States.” Santos is also reportedly being probed in Brazil…

The dollar touched a seven-month low on Wednesday, reversing a trend that dominated much of 2022 as lower expectations of sharp Federal Reserve rate rises eased pressure on global markets.The fall in the US currency, one of the steepest since the aftermath of the global financial crisis, came as US retail figures showed a 1.1 per cent year-on-year drop in sales in December — a bigger than expected fall that highlighted continuing weakness in the US economy.“The trend has been very much in favour of dollar weakness, so it doesn’t take much to push it further in that direction,” said…