Wednesday, May 3, 2023

India's budget airline GoFirst files for bankruptcy

Intro:

India's budget airline Go First has filed for bankruptcy citing a supple crunch of engines from US-based jet engines manufacturer Pratt and Whitney.

The airline has canceled all its flight bookings for the next three days leaving thousands of flyers in a lurch.

Ishan Garg has more from New Delhi.

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UK: FINAL SUDAN RESCUE FLIGHTS ON WEDNESDAY

An additional two British rescue flights from Sudan on Wednesday will be the last - according to the UK government.

It was previously thought the evacuation had ended on Tuesday when RAF aircraft left Port Sudan for Cyprus.

The UN's World Food Programme says its ability to resume deliveries of aid in Sudan will depend on whether the latest ceasefire agreement holds.

UK Development Minister Andrew Mitchell says the focus must now turn to securing a truce.

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China's Foreign Minister Vows Support for Myanmar


China's foreign minister has vowed support for Myanmar and pledged cooperation in its development during his visit to the country.

A statement from the junta's information team added that Qin Gang also told Myanmar's military chief that China stands with the Southeast Asian nation on the international stage.

Patrick Fok reports.

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Tuesday, May 2, 2023

Economic headwinds weigh on Fed

Fears over the health of the banking sector and a slowing economy
fueled losses on Wall Street Tuesday.

And traders are bracing for another interest rate hike when the
Federal Reserve wraps its policy meeting on Wednesday.

William Denselow reports from New York.

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US sending 1,500 troops to Mexico border

The US has announced it's sending 15-hundred troops to its border with
Mexico - to help with the expected surge of migrants next week.

It comes ahead of May 11th - the day Title 42 ends - a policy that has
effectively allowed the government to prevent migrants from entering
the US.

Nick Harper reports.

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UN chief says world cannot be silent on Afghanistan

The United Nations Secretary General says the organisation will never
be silent when women and girls' rights are under attack.
Guterres was speaking to reporters in Doha, Qatar, after convening an
international meeting of Special Envoys on Afghanistan.
Jody Jacobs has more from the UN.

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UN: 800,000 may flee Sudan amid conflict

The United Nations is warning 800,000 people may flee Sudan as a
result of the conflict.

At least 100,000 have already left, finding refuge in neighboring
countries, according to the UN refugee agency.

It follows three weeks of fighting between the army and a rival
paramilitary group.

Naba Mohideen in Sudan says for those fleeing it's a difficult decision.

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Naba Mohideen reports from Sudan.

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Fed eyeing rate hike despite bank failure

The US Federal Reserve is expected to raise interest rates this week
despite the failure of a third US bank.

The two-day policy meeting has got underway in Washington.

From where Nick Harper sends this report.

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American Airlines, Southwest pilots threaten to strike as summer travel season starts

Pilots at American Airlines have overwhelmingly voted to strike and their colleagues at Southwest could join them. It's the latest salvo in fierce contract negotiations at both carriers and it comes just as the summer travel season is set to take off. Toni Waterman has more.

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US debt crisis: President Biden to meet Congressional leader as deadline looms

President Joe Biden will meet with House of Representatives Speaker Kevin McCarthy next week as the two men look to strike a deal on the country's impending debt ceiling crisis. 


The meeting was confirmed just hours after Treasury Secretary Janet Yellen warned the US could reach its borrowing limit as soon as June 1st, following months of special measures to keep paying the nation's bills.


But without an increase to the limit in coming weeks, the government would have to default for the first time in recent history, a move that would send shockwaves through global financial markets.


Our US Correspondent Benji Hyer reports. 


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Hollywood writers go on strike

Thousands of Hollywood writers have walked out after last-minute talks over pay broke down.


The Writers Guild of America had been in negotiations with major studios including Walt Disney and Netflix.


It's the first strike of its kind in 15 years.


Sally Patterson reports.


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DUST STORM LEAVES SEVERAL DEAD

More than 70 cars were involved in a pile up leaving more than six
people dead and dozens injured after a rare dust storm in Illinois.
The expressway south of Springfield was closed for several hours as
emergency personnel worked on clearing the scene.
US Correspondent, Jody Jacobs has the story.

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Bankruptcy looms for Vice Media

According to U.S. media reports Vice Media could file for bankruptcy
within the next few days.

It's one of a number of media companies that has struggled to generate
revenue over the past few years.

William Denselow reports from New York.

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French unions agree to hold 14th major day of protests and strikes

French unions have agreed to hold a 14th major day of protests and strikes against President Macron and the contentious pension reforms next month.

The announcement of the new demonstration comes after more than 500 people were arrested and more than 400 police officers injured in huge May Day protests across the country.

Ross Cullen reports.

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EU inflation back up for the first time in months

INTRO:

Inflation in the Euro area has risen again for the first time in five months. The estimate, published by the EU's statistics authority, will be a determinant factor in the European Central Bank's interest rate decision later this week.

Alex Cadier reports from Brussels

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Duration: 00:33


KILLING IN EASTERN DRC

INTRO:

An organization that documents human rights violations in the east of the Democratic Republic of Congo says at least 277 civilians have been killed and 132 others were kidnapped by the M23 rebels since June last year. The eastern region has been the scene of heavy fighting between government forces and rebels over claims of marginalization. Chris Ocamringa has more from Kinshasa....

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COP 28 PRESIDENT PUSHES FOR MORE RENEWABLES FUNDING IN DEVELOPING WORLD

With just over six months to go until world leaders meet in Dubai for the 28th UN COP 
Climate Change conference - the host nation has called on wealthy countries to deliver more money to help the developing world fight global warming. 

Speaking at the Petersberg Climate Change Dialogue in Berlin, the United Arab Emirates COP President-Designate stressed the growing urgency around taking action on climate change. 

From Berlin, Trent Murray reports. 

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Egypt Finally Opens Border to Nigerian Evacuees From Sudan

INTRO


After four days of arriving at the Sudan-Egypt border, Nigerian evacuees fleeing the crisis in Sudan have now been granted access to Egypt for onward transfer to Nigeria.


The evacuees had been unable to get into Egypt due to logistics and diplomatic issues since last Thursday.


Correspondent Ajeck Mangut reports from Abuja.


CUE RADIO…


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Uganda's Labor Minister Shot Dead By Bodyguard

SUGGESTED LEAD.

Ugandan Police confirms State Minister for Labour Charles Okello Engola has been shot dead by his bodyguard at his home in Kyanja, outside the capital Kampala.

The Uganda Defense Forces Soldier later turned the gun on himself.

Isabel Nakirya reports

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FIGHTING CONTINUES DESPITE EXTENDED SUDAN CEASEFIRE

Fighting has continued in Sudan despite the extension of a ceasefire between rival military factions.

UK Foreign secretary James Cleverly says it's "difficult to say" how much longer British personnel will remain in Sudan.

Two extra British repatriation flights have left the eastern city of Port Sudan in what's expected to be the final phase of the UK's airlift.

A Royal Navy warship will remain in the Red Sea.

The Foreign Secretary says the role of international powers in Sudan depends on the situation on the ground.

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