Category: Featured

Malaysian airport authorities have said that they had lost contact with flight MH370 departed from Kuala Lumpur to Beijing. The flight went missing in the vast Southeast waters and China has already sent a bunch of vessels to find the aircraft.

The airlines official said in a press conference that we tried to establish contact with the plane for several hours but we did not receive any communication signal. On the other hand, the news of missing flight forced the friends and relatives of passengers to gather at the airport and they were apparently crying for not receiving any official testimony from the airport authorities.

Later, the Chief Executive of Malaysian airlines hmad Jauhari Yahya held a press conference and said that “our teams are working to find the plane and we are also calling the next kin of the passengers”. He further said “we are equally hurt on the sudden disappearance of plane and we extend our prayers to the families of the affected passengers”.

 It is said that the plane was carrying passengers of 13 countries and there were 239 people on board. Among them, the biggest number of passengers come from China as they were on religious tour to Malaysia, says a Chinese news agency.

To find the wreckage of the missing plane, more than 40 countries have initiated the investigation process and so far not a single object of the plane has been recovered. Although, the navy of Vietnam said in its recent briefing that “our teams had sighted a floating object that was supposed to be a door of missing plane”.

Besides, speculations of terrorist activities or attempt of hijacking of plane are also being made. The authorities claim that 2 people had used stone passports to get into board and they were also traveling from Kuala Lumpur to Beijing.

Last but not the least, the transport Minister of Malaysia said in his latest press conference that “we have got the footage of those 2 persons who used the stolen passports and we are trying our best to identify them”.

Stocks have got a great momentum after easing the tensions of possible military confrontation between Russian and Ukraine. No doubt, it was the big day for business runners and most of the companies climbed to a big growth.

It is said that “The standard and Poor has surged to 500 points beating its own record of 1,859 points of February 28”.  On the other hand, Dow Jones have secured 228 points and closed at 16,396 points. Nasdaq has also gained some hitting points after this stock surge.

Capital Economists said in a research note that “Fears of military confrontation have started fading and the business is returning back to its track”. No doubt, the fear of Ukraine and Russian war created troublesome situation for the whole world and Japanese yen, Oil, Gold, and treasury prices had fallen to greater extent.

Actually, the sudden surge took place after the forces withdrawal call of Putin. He was well aware that Russia would face serious economic setback however he called his troops not to launch attack in the Crimean region and ordered them to return to their bases immediately.  This was the good news for investors and the normalization of situation brought enough happiness over the faces of marketers.

Robert Sluymer the Capital market analyst said that “the long term U.S equity indexes remains unaffected and short term indexes got a serious setback”. Besides, to ease the financial challenges of Kiev, Secretary of United States John Kerry promised to offer $ 1 billion loan on Tuesday.

Last but not the least, the recent deal of Disney have also helped it to hit the record and closed at $82.17.

Since his birth, Baby Prince George will make his first public appearance along with his family while touring for Australia and New Zealand. Exactly, it would be the first public appearance of the infant son of world’s famous couple (William and Kate) and the tour would begin from 7^TH April to 25 April.

Kensington Palace said in its press conference that “William and Kate did not want baby George to stay away from them for almost 30 days however they have decided to take him along with them to complete the tour”. The media reports claim that baby George is going to make his appearance on 7^th April 2014 at Willington New Zealand and it is assumed that Will and Kate may also take him to attend an event scheduled to be held in Australia.

It is for the first time that both legal heirs of the Queen are going on tour and they had sought special permission from the Queen Elizabeth II. On the other hand, the Australian authorities said that “plenty of places will be named with the name Prince George”.

The couple will visit plenty of heritage sites, ceremonial events, military bases and other famous places of Willington. Lastly, they have also made plans to participate in different adventure activities.

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The economy of United States is growing with slow pace. The experts hold the opinion that the reason of slow growth is due to the less consumer spending. They claim that the exports of the country have also slowed down causing the GDP to fall at 2.4 percent. But, they hope that, the economy of the country would surely improve its growth in the few months to come.

Prior to this, the GDP of the country was about 4.1 percent in the third quarter and it has sharply down.  On the other hand, Commerce Department said that “the figures are subjected to change as the available figures are not final”.

The weaker consumer spending and consistent downfall in the real estate market, have grossly affected the GDP, says an expert.  The report of Commerce Department claims that “The consumer spending contributing points to GDP has lessened down from 2.26 percentage points to 1.76 percentage points”.

No doubt, the unfriendly weather of United State is also one of the main culprits. It did not only affect the lives of the people but also affected the corporate sector.  But, economists are quite optimist over the pace of GDP growth. They say that “This year will be the strongest year in terms of economic growth”.

Needless to say, Paul Ashworth the chief economist of Capital Economics said that “the economy of our country is slowly and gradually improving and the pace of growth should be considered as bad omen”.

Moreover, the spending of the government has also slowed down to larger extent and there are possibilities that improvement in the exports of the country may help its economy to improve more GDP growth in few months to come.

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The fight against Islamists militants have led to many civilians of Nigeria to death. Recently, a military aircraft hovered over the village Daglun and mistakenly dropped series of 5 bombs that killed a big number of villagers. The senator of the region Ali Ndume said that a military aircraft was launching air strike against the Boko Haram extremist group in the Sambisa Forest but the aircraft mistakenly fired a series of bombs over the Daglun village.

Ndume confirmed that 5 people have been killed by this inaccurate attack and a big number of people left their burnt home to save their life. He said, the bombardment destroyed the whole infrastructure of the village and put the life of the downtrodden in the danger.

Besides, one of the 25 wounded villagers said that “when the military aircraft started hovering over us, the whole village was sleeping but within the short span of time it started dropping a series of bombs over us”. He further adds, the bombardment killed more than 20 people and most of the deceased were elderly men who could not be able to run out of their burnt home.

On the other hand, the Nigerian military denied the allegations and said that it had not killed any civilian in the strike.  This aerial strike has sparked violence across the Daglun region and Boko Haram extremist group has reacted with violence and mutiny of civilians.

The authorities are not clear how many people have been killed in this attack and what was the reason of inaccurate airstrike but the tensions in the vicinity of Daglun and Mainok are inviting more troubles for the civilians. 

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