EUR/USD 1.04193
0.393%
Gold 2872.16
1.058%
Oil 71.791
-0.925%
USD/JPY 152.864
-0.961%
GBP/USD 1.25088
0.246%
GBP/JPY 191.224
-0.687%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On February 5, Chris Williamson, chief business economist at S&P Global Market Intelligence, said that the growth rate of the level of activity in the U.S. service sector slowed down in January compared with the strong growth at the end of last year. Taking into account the manufacturing and service PMI surveys, the annualized GDP growth rate in January is expected to reach 1.6%. In contrast, the GDP growth signal for the fourth quarter of 2024 is 2.4%, and official data currently expects GDP growth of 2.3% in the fourth quarter. However, this cooling seems to be at least partly related to the disruption caused by unusually severe weather, suggesting that growth in the service industry may recover in February.The US January ISM non-manufacturing PMI will be released in ten minutes.S&P: The final value of the S&P Global Composite PMI in the United States in January was 52.7, down from 55.4 in December last year, but still showed a strong monthly increase in business activity. Manufacturing production grew again, while service industry activity slowed down. In January, the expansion of new business also slowed down, but the pace of employment growth accelerated, the strongest since June 2022. At the same time, both input costs and output prices grew at a faster pace.S&P: The final value of the S&P Global Services PMI in the United States in January was 52.9, a sharp drop from 56.8 in December, but still showed a strong monthly expansion in business activities in the services sector.Market news: A U.S. Senate panel will investigate whether the U.S. banking industry discriminates for political reasons.

Senator Rubio urges that the U.S. FAA evaluate the safety of Russian airlines

Aria Thomas

Jun 24, 2022 12:02

41.png


Senator Marco Rubio on Thursday demanded that the U.S. Federal Aviation Administration (FAA) do a safety study of Russian airlines and notify the American people of the hazards presented by Russian-controlled planes still operating in international airspace.


As a result of sanctions placed by Europe, the United States, and others in reaction to Russia's invasion of Ukraine, Russia's aviation sector has been pushed to curtail flight activities.


Rubio, the leading Republican on the Senate Intelligence Committee, wrote: "As long as Russian airlines continue such operations, they pose a potential threat to international tourists as well as Russians going domestically."


After being blacklisted, some Russian airlines continued to undertake flights to Beijing, Delhi, and Dubai, among other locations.


The FAA did not immediately react, but in April it lowered Russia's aviation safety rating, alleging violation with International Civil Aviation Organization (ICAO) safety requirements by the country's Federal Agency of Air Transport.


The United States joined the European Union and Canada in barring Russian carriers from American airspace in March.


The top aviation safety body for the European Union voiced "grave worry" on the safety of Western-made aircraft continuing to fly in Russia without access to spare parts and routine maintenance.


Patrick Ky, executive director of the European Union Aviation Safety Agency, stated, "This is pretty risky" (EASA) (EASA). According to him, there are reports that Russia will be required to cannibalize planes to keep others flying.


Rubio stated that further teaching from the FAA "about the nature of the possible hazards connected with traveling on airplanes without contemporary components" is urgently necessary.


More than 150 Boeing (NYSE:BA) airplanes flown by Russian airlines were added in March to a list of aircraft thought to contravene U.S. export laws.


Suggestion