US economy grows by 4% beating expectations
The US economy grew at an annual rate of 4% during the April to June period, latest figures released by the US Department of Commerce have shown. Consumer spending – which makes up over two-thirds of US economy activity – grew by a robust 2.5%. Business spending increased by 14% as economic activity forced businesses to restock depleted inventories. The growth during the second quarter reverses the contraction seen earlier in the year. From January to March, the US economy shrank a revised 2.1% on an annualised basis as a result of harsh winter weather. However even with the rebound, the…
Russia bans Polish fruit and vegetable in apparent retaliation for sanctions
(Reuters) – Russia announced a ban on most fruit and vegetable imports from Poland on Wednesday and said it may extend the restrictions to the rest of the European Union, its first apparent retaliation to new Western sanctions imposed over Ukraine a day earlier. Moscow, which buys more than 2 billion euros worth of EU fruit and vegetables a year making it by far the biggest export market for the products, said the ban was for sanitary reasons. Polish fruit growers said the ban was political, although Russiadenied this. Moscow has frequently been accused in the past of using sanitary inspections to restrict trade from…
La Natcom accuse la Digicel de pratiques commerciales abusives
Ces rumeurs circulaient depuis quelque temps dans le pays, inquiétant tous les opposants à une domination du marché de la téléphonie mobile en Haïti par le puissant opérateur de télécommunications caribéen. Il a fallu la convocation, ce mercredi 24 juillet, d’une conférence de presse au bureau de la Natcom et l’intervention de son Président Directeur Général, Nguyen Dang Trien, pour démentir ces rumeurs persistantes, les situer dans leur contexte et rassurer le public sur la bonne sante financière de la compagnie. Les distributeurs de la Digicel, apprend-on, seraient non seulement les auteurs de cette fausse rumeur, mais profiteraient de la…
Levée de la suspension des vols américains vers Tel-Aviv
Agence France-Presse L’Agence fédérale de l’aviation américaine (FAA) a levé son interdiction faite aux compagnies aériennes de voler vers Israël, mais a mis en garde contre «la situation très instable» localement. «La FAA a levé ses restrictions sur les vols américains vers et depuis l’aéroport Ben-Gourion de Tel-Aviv en annulant une directive aux équipages qu’elle avait renouvelée plus tôt aujourd’hui», selon un communiqué de l’Agence publié mercredi soir. L’Agence avait interdit cette desserte une première fois mardi pour 24 heures, après la chute d’une roquette palestinienne près de l’aéroport international. Cette interdiction avait été renouvelée mercredi. La plupart des grandes…
Algeria airliner missing on Sahara route from Burkina Faso
Algeria’s national airline, Air Algerie, says it has lost contact with one of its planes flying from Burkina Faso. Contact was lost about 50 minutes after take-off from Ouagadougou, the airline is quoted by Algeria’s state news agency as saying. The passenger airliner, last seen at 0155 GMT, was bound for the Algerian capital Algiers, it added. Flight AH 5017 had 110 passengers and six crew on board, officials said. “In keeping with procedures, Air Algerie has launched its emergency plan,” Air Algerie officials, quoted by APS news agency, said. The plane is chartered from Spanish airline Swiftair. In a…
Man stole millions from fellow Haitians:says FDLE raids offices
By Sonja Isger and Matt Morgan Palm Beach Post Staff Writers Authorities are raiding an office building in suburban Lake Worth. They say they have arrested a Haitian man who they believe has scammed fellow Haitians into giving him money – perhaps millions – to invest in stocks and then, instead, took the money for himself. The raid on Philippe Bourciquot’s offices in the Hypoluxo Center in the 1700 block of South Military Trail began this morning. A spokesman with the Florida Department of Law Enforcement says they have been investigating the alleged crime since October 2013 and that the man could have…
Un avion de ligne malaisien s’écrase en Ukraine
Agence France-Presse KIEV Un avion de ligne malaisien parti d’Amsterdam pour Kuala Lumpur a disparu des radars à dix mille mètres d’altitude, puis s’est écrasé près de la ville de Chakhtarsk, dans la région de Donetsk, dans l’est de l’Ukraine, ont rapporté les agences Itar-Tass et Interfax-Ukraine. Cette dernière a cité une source «au sein des forces de l’ordre ukrainiennes», ajoutant qu’un groupe de secouristes du ministère des Situations d’urgence se rendait sur place. L’agence russe Itar-Tass a cité «les milieux de l’aviation». Une partie de la région de Donetsk est contrôlée par des séparatistes prorusses. Un conseiller du ministre…
US adds 288,000 jobs in June as unemployment rate drops to 6.1%
Analysts expected to see about 215,000 new jobs in June. Photograph: Joe Raedle/Getty Images The US economy gained 288,000 jobs in June and the unemployment rate declined to 6.1%, the Labor Department reported Thursday, in advance of the Fourth of July holiday. The Labor Department called the job gains “widespread,” with growth in professional and business services, retail and food services. All three major indices opened up about one-third a percentage point on the news. The Dow Jones Industrial Average is up 63 points, topping 17,000 for the first time. The Nasdaq opened 15 points higher and the S&P 500…
Lawmakers rally for veteran who could lose house for hanging flag
By Tim Devaney Two Florida congressmen are sticking up for a Jacksonville man who may lose his home for hanging an American flag on his front porch. Larry Murphree is facing foreclosure this month after the 73-year-old veteran refused to pay $8,000 in fines for hanging a small flag in a flower pot. The flag violated the rules of the homeowners association that he belongs to. Rep. Gus Bilirakis (R-Fla.), vice chairman of the House Veterans Affairs Committee, fired back at the homeowners association on Tuesday, and said Murphree’s constitutional rights are being trampled. “When did we relinquish our common sense…
L’armée reprend le contrôle de la plus grande raffinerie d’Irak
Agence France-Presse KIRKOUK, Irak L’armée irakienne a repris jeudi le contrôle total de la plus importante raffinerie de pétrole du pays après des combats contre des insurgés sunnites qui tentaient de s’en emparer, ont annoncé des responsables. «Les forces de sécurité contrôlent totalement la raffinerie de Baïji», à 200 km au nord de Bagdad, a déclaré à la télévision le général Qassem Atta, porte-parole du premier ministre Nouri al-Maliki sur la sécurité. Des combats entre djihadistes et soldats se sont déroulés mercredi à la principale raffinerie de pétrole en Irak, visée par un assaut des insurgés, ont indiqué un responsable et…
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