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⚡️ Three major aviation incidents reported overnight (so far)

- A Boeing 737-800 crashed in South Korea; initial reports say 179 dead

- An Air Canada flight operated by PAL Airlines skidded off the runway overnight, and part of it caught fire

- A KLM Boeing was diverted to Oslo after losing hydraulics

#Aviation

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Create: 2024-12-29
Last Update: 2025-01-01 18:41:54

⚡️ Three major aviation incidents reported overnight (so far)

- A Boeing 737-800 crashed in South Korea; initial reports say 179 dead

- An Air Canada flight operated by PAL Airlines skidded off the runway overnight, and part of it caught fire

- A KLM Boeing was diverted to Oslo after losing hydraulics

#Aviation

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Date: 2025-01-01|

Markets continued to grapple with the economic and corporate earnings implications relating to the Russia-Ukraine conflict. “We have a ton of uncertainty right now,” said Stephanie Link, chief investment strategist and portfolio manager at Hightower Advisors. “We’re dealing with a war, we’re dealing with inflation. We don’t know what it means to earnings.” Overall, extreme levels of fear in the market seems to have morphed into something more resembling concern. For example, the Cboe Volatility Index fell from its 2022 peak of 36, which it hit Monday, to around 30 on Friday, a sign of easing tensions. Meanwhile, while the price of WTI crude oil slipped from Sunday’s multiyear high $130 of barrel to $109 a pop. Markets have been expecting heavy restrictions on Russian oil, some of which the U.S. has already imposed, and that would reduce the global supply and bring about even more burdensome inflation. Perpetrators of such fraud use various marketing techniques to attract subscribers on their social media channels. These entities are reportedly operating nine Telegram channels with more than five million subscribers to whom they were making recommendations on selected listed scrips. Such recommendations induced the investors to deal in the said scrips, thereby creating artificial volume and price rise. At its heart, Telegram is little more than a messaging app like WhatsApp or Signal. But it also offers open channels that enable a single user, or a group of users, to communicate with large numbers in a method similar to a Twitter account. This has proven to be both a blessing and a curse for Telegram and its users, since these channels can be used for both good and ill. Right now, as Wired reports, the app is a key way for Ukrainians to receive updates from the government during the invasion.
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