Finance news

• Dorian triggers massive flooding in Bahamas; at least 5 dead

  02-09-2019 23:56 via news.yahoo.com
  Hurricane Dorian unleashed massive flooding across the Bahamas on Monday, pummeling the islands with so much wind and water that authorities urged people to find floatation devices and grab hammers to break out of their attics if necessary."We are in the midst of a historic tragedy," Prime Minister Hubert Minnis said in announcing the fatalities.The fearsome Category 4 storm slowed almost to a standstill as it shredded roofs, hurled cars and forced even rescue crews to take shelter until the ons
  
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• Russia jails opposition protesters for violence against police

  02-09-2019 23:48 via news.yahoo.com
  A Russian court on Tuesday jailed two men for up to three years after convicting them of using violence against police at a political protest, the longest prison terms handed down in what the opposition says is a coordinated crackdown on dissent.The court action follows a summer of opposition demonstrations demanding free elections to Moscow's city legislature on Sept. 8, the biggest sustained protest movement in the Russian capital since 2011-2013.The authorities have allowed some opposition pr
  
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• Russia jails blogger for Tweet, charges Kremlin critics over protests

  02-09-2019 23:48 via news.yahoo.com
  A Russian court sentenced a blogger to five years in jail on Tuesday after convicting him of inciting violence against the children of police officers, and charged two Kremlin critics with organizing an illegal protest.The court action follows a summer of opposition protests demanding free elections to Moscow's city legislature on Sept. 8, the biggest sustained protest movement in the Russian capital since 2011-2013.The authorities have allowed some opposition protests, but declined to sanction
  
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• Desperate calls for help from flooded Bahamas islands

  02-09-2019 23:36 via news.yahoo.com
  Port Saint Lucie (United States) (AFP) - The message was desperate, despondent and urgent.
  
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• Police detain Russian opposition activist after Moscow protest

  02-09-2019 23:25 via news.yahoo.com
  Russian opposition activist Lyubov Sobol, an ally of Kremlin critic Alexei Navalny, was detained by police on Monday after a weekend protest in Moscow, Navalny's spokeswoman said on Twitter.A few thousand Russians took to the streets of Moscow on Saturday to demand free elections to the capital's city legislature on Sept. 8, defying a ban enforced by detentions during previous protests.Protesters have been calling for the release of activists detained in earlier rallies, and Sobol on Saturday de
  
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• 4th time in 4 years: It's hurricane evacuation time in US

  02-09-2019 23:25 via news.yahoo.com
  It's become a hurricane-season ritual in the Southeast: When a storm threatens, coastal residents board up homes, load up SUVs and fill highways where the traffic lanes are reversed to offer a speedy escape inland.For some people, Hurricane Dorian is the fourth storm they have had to flee in four years.Forecasters are not sure if the core of the powerful system will ever strike the U.S. It is predicted to stay offshore as it spins north, paralleling the coasts of Florida, Georgia, South Carolina
  
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• Dorian claims first life in Bahamas, US evacuates coast

  02-09-2019 23:15 via news.yahoo.com
  Monster storm Dorian stalled over the Bahamas Monday as surging seawaters and ferocious winds sowed chaos in low-lying island communities, claiming at least one life and spurring mass evacuations on the US east coast.Bahamas Prime Minister Hubert Minnis said the devastation was "unprecedented" in the Abaco Islands, which received the full brunt of Dorian as it came ashore Sunday as the most powerful storm ever to hit the archipelago."Our focus right now is rescue, recovery and prayer," Minnis sa
  
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• Reports: Israeli army faked casualties in Hezbollah attack

  02-09-2019 23:13 via news.yahoo.com
  Minutes after a Hezbollah anti-tank missile exploded on an Israeli army base, an Israeli military helicopter touched down and medics loaded a soldier on a stretcher aboard.Only it turns out there were no wounded Israeli soldiers.By Monday morning, Israeli media reported on the "deception operation" the military had waged against the Lebanese militant group the day before in the thick of the fog of war.
  
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• As many evacuate for Dorian, a 'hurricane bar' caters to those who stay

  02-09-2019 23:00 via news.yahoo.com
  The Hunkerdown Hideaway calls itself "the hurricane bar." There locals who aren't evacuating have gathered during major storms for years.
  
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• UPDATE 1-Floridians evacuate and grumble as Hurricane Dorian slowly nears

  02-09-2019 22:52 via news.yahoo.com
  At a retirement community in central Florida, elderly residents waited for a bus on Monday to take them to a shelter as one of the most monstrous Atlantic hurricanes on record crawled toward the state.Mary McNiff, 92, sat in her wheelchair waiting to board at the Good Samaritan Society in Kissimmee, near Orlando, one of more than a million people under evacuation orders along the U.S. East Coast on the Labor Day holiday.Forecasters warned it could still be dangerous as it drew closer to Florida
  
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• Mayor of Jacksonville warns residents who ignore evacuation orders: If you call 911, you're likely on your own

  02-09-2019 22:37 via news.yahoo.com
  Lenny Curry says his city is ready for Hurricane Dorian but urges residents not to underestimate the powerful storm.
  
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• Saudi-led airstrikes on Yemen rebel-run prison kill over 100

  02-09-2019 22:35 via news.yahoo.com
  Yemeni medics said on Monday they pulled dozens of bodies from the rubble of a Houthi rebel-run detention center that was hit a day earlier by Saudi-led coalition airstrikes, killing over 100 people and wounding dozens.The attack was one of the deadliest in more than four years of war in Yemen that have claimed tens of thousands of lives, thrust millions to the brink of famine and spawned the world's worst humanitarian crisis.The Saudi-led coalition, which has fought the Iran-backed Houthis sinc
  
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• Five dead in Taliban attack on Kabul as US envoy visits

  02-09-2019 22:25 via news.yahoo.com
  A massive explosion rocked central Kabul late Monday, killing at least five people in a Taliban-claimed attack near an international complex while the US special envoy leading talks with the insurgents visited the Afghan capital.The blast took place in a residential area near Green Village, a large compound that houses aid agencies and international organisations, interior ministry spokesman Nasrat Rahimi said.It came while Afghanistan's main TV station Tolo News aired an interview with the US e
  
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• The Latest: Afghan official: Blast kills at least 5, 50 hurt

  02-09-2019 22:08 via news.yahoo.com
  An Afghan official says at least five civilians are dead and around 50 are wounded after a large blast in the capital, Kabul.Interior Ministry spokesman Nasrat Rahimi said the number of casualties from Monday night's bombing could grow as the blast destroyed a number of homes.The Taliban have claimed responsibility for the explosion, which came just hours after a U.S. envoy announced a deal had been reached "in principle" with the militant group for ending America's longest war.
  
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• Saudi Arabia replaces Aramco chairman ahead of potential IPO

  02-09-2019 22:03 via news.yahoo.com
  Saudi Arabia on Monday named the head of its sovereign wealth fund as chairman of oil giant Aramco, replacing Energy Minister Khalid al-Falih as the state-owned company prepares for a much-anticipated initial public offering (IPO)."I congratulate... Yasir al-Rumayyan, governor of the Public Investment Fund, on his appointment as chairman of the board of directors of Saudi Aramco, which is an important step to prepare the company for the public offering," Falih said on Twitter.
  
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• Hezbollah chief says 'no more red lines' against Israel

  02-09-2019 21:56 via news.yahoo.com
  Hezbollah chief Hassan Nasrallah said Monday there were "no more red lines" in the Lebanese movement's confrontation with Israel, threatening attacks deep inside the country a day after the two traded cross-border fire."Yesterday, the resistance broke Israel's biggest red line in decades," he said in a televised speech."But yesterday, the response was across the frontier," within Israel's internationally recognised borders, crossing what he said Israel considers a red line.
  
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• Hurricane Dorian triggers massive flooding across Bahamas

  02-09-2019 21:45 via news.yahoo.com
  Forecasters warned that Dorian could generate a storm surge as high as 23 feet.
  
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• Dorian triggers massive flooding across Bahamas; at least 5 dead

  02-09-2019 21:45 via news.yahoo.com
  Forecasters warned that Dorian could generate a storm surge as high as 23 feet.
  
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• Bahamas officials focus on 'rescue, recovery and prayer' as Hurricane Dorian slams islands

  02-09-2019 21:39 via news.yahoo.com
  The historic storm hovered over the islands after virtually grinding to a halt, pounding the islands with record winds, rain and storm surge.
  
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• UK PM to call election if Brexit strategy defeated: top official

  02-09-2019 21:34 via news.yahoo.com
  British Prime Minister Boris Johnson will call an election for October 14 if MPs vote against his Brexit strategy, a top official said Monday on the eve of a parliamentary showdown.MPs from Johnson's own Conservative Party are preparing to join opposition lawmakers in a vote on Tuesday to try to force him to delay Brexit if he cannot strike an agreement with Brussels in the next few weeks.A senior official said that if the government loses the vote, it would table a parliamentary vote for Wednes
  
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• Some storm-savvy Floridians shrug, others flee or bunker down

  02-09-2019 21:32 via news.yahoo.com
  Michael James was boarding over the last two windows of his house on Florida's east coast.The first gusty blasts of wind were announcing Hurricane Dorian's imminent arrival, and most residents had fled.Monster storm Dorian was downgraded Monday to a still-powerful Category 4 as it lumbers slowly across the Bahamas toward the Florida coast.
  
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• National Hurricane Center warns Hurricane Dorian expected to hit Florida with 4-7 feet of storm surge

  02-09-2019 21:21 via news.yahoo.com
  The onshore flow from the powerful hurricane is expected to flood beach communities well ahead of Dorian's arrival, says Ken Graham, director of the National Hurricane Center.
  
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• Santa Cruz Island boat fire: dozens of people feared dead off California coast

  02-09-2019 21:19 via news.yahoo.com
  Up to 39 people were onboard a diving boat that caught fire in the early hours of the morning, and five have been confirmed rescuedFirefighters respond to a boat fire off the coast of southern California Monday. Photograph: APUp to 34 people have been reported missing and are feared dead off the coast of southern California after a diving boat caught fire in the early hours of Monday morning, with crew members jumping off the deck to escape, while passengers were asleep below decks.The US Coast
  
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• Thousands evacuated in Germany as WWII bomb found

  02-09-2019 20:56 via news.yahoo.com
  More than 15,000 people were evacuated late Monday from the northern German city of Hanover following the discovery of an unexploded World War II bomb, city officials said.Residents of the capital of the state of Lower Saxony were told to leave their homes in the early evening as a precaution on the discovery of the 250 kilogram (550 pound) device, city authorities said on their website.The unearthing of World War II era bombs is a common occurrence in Hanover, home to some 500,000 people and on
  
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• Palestinian women protest after suspected honor killing

  02-09-2019 20:54 via news.yahoo.com
  Hundreds of Palestinian women held a demonstration in the West Bank on Monday to demand an investigation into the death of a 21-year-old woman who many suspect was the victim of a so-called honor killing.Israa Ghrayeb, a makeup artist from a village near Bethlehem, died last month after being hospitalized with severe injuries.Friends and women's rights activists suspect her male relatives assaulted her over a video shared online that purportedly showed her out with a man who had proposed to her.
  
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• President Trump Seen at the Golf Course While Hurricane Dorian Approaches the U.S.

  02-09-2019 20:51 via news.yahoo.com
  He also spent Labor Day criticizing the head of the AFL-CIO
  
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• Iran says views converging with France on breaking impasse

  02-09-2019 20:49 via news.yahoo.com
  Iran said Monday its views have been converging with those of France on ways to save a nuclear deal at risk of unravelling since the US withdrew last year.Government spokesman Ali Rabiei also suggested President Hassan Rouhani could meet US counterpart Donald Trump if it served Iran's interests, while cautioning there was no need to meet an "agitator" in the current circumstances.Rouhani has had a series of phone calls with French President Emmanuel Macron in recent weeks aimed at salvaging the
  
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• Floridians evacuate and grumble as Hurricane Dorian slowly nears

  02-09-2019 20:38 via news.yahoo.com
  At a retirement community in central Florida, elderly residents waited for a bus on Monday to take them to a shelter as one of the most monstrous Atlantic hurricanes on record crawled toward the state.Mary McNiff, 92, sat in her wheelchair waiting to board at the Good Samaritan Society in Kissimmee, near Orlando, one of more than a million people under evacuation orders along the U.S. East Coast on the Labor Day holiday.Forecasters warned it could still be dangerous as it drew closer to Florida
  
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• Trucker, mail carrier at work, teen among Texas victims

  02-09-2019 20:37 via news.yahoo.com
  The owner of a trucking company who was killed in West Texas had moved from Las Vegas after a 2017 mass shooting at a music festival because he thought it would be safer, a sister said.Rodolfo "Rudy" Arco, a native of Cuba, "felt that Odessa was the place to go.Maria Arco said her brother, 57, died instantly when shots were fired at his truck.
  
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• Johnson Threatens Oct. 14 Election Over No-Deal: Brexit Update

  02-09-2019 20:29 via news.yahoo.com
  (Bloomberg) -- Follow @Brexit, sign up to our Brexit Bulletin, and tell us your Brexit story. Boris Johnson is planning for a general election on Oct. 14 if he loses a crucial vote over a no-deal Brexit in Parliament this week, a senior U.K. official said. The prime minister said he will not delay leaving the European Union in a speech after a short-notice meeting with his cabinet. Members of Parliament are planning to pass legislation to force the prime minister to delay Brexit until
  
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• California boat fire: Four confirmed dead as 29 remain missing near Santa Cruz Island

  02-09-2019 20:03 via news.yahoo.com
  Four bodies have been recovered following a fire on a diving boat off Santa Cruz Island, California, that had left 33 passengers missing. The remaining 29 are still unaccounted for.Lt Cmdr Matthew Kroll of the US Coast Guard said the bodies were found close to the wreckage of the Conception, which caught fire in the early hours while 33 passengers were asleep below deck.
  
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• California boat fire: Eight confirmed dead as 25 remain missing near Santa Cruz Island

  02-09-2019 20:03 via news.yahoo.com
  Four bodies have been recovered and a further four identified on the ocean floor following a fire on a diving boat off Santa Cruz Island, California.Lt Cmdr Matthew Kroll of the US Coast Guard said the bodies were found close to the wreckage of the Conception, which caught fire in the early hours while 33 passengers were asleep below deck.
  
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• US to start Afghan withdrawal with 5,000 troops out in 20 weeks

  02-09-2019 19:55 via news.yahoo.com
  America has agreed in principle to withdraw 5,000 troops from five military bases in 20 weeks, in a deal with the Taliban to kick start talks with the Afghan government. The accord which could be announced as early as Wednesday would see US troops begin to pull back from their longest ever conflict, in return for a reduction in Taliban attacks and the start of formal negotiations with Ashraf Ghani's government. A large blast hit Kabul on Monday evening, close to a heavily fortified compound hous
  
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• UK PM defiant ahead of Brexit parliamentary showdown

  02-09-2019 19:51 via news.yahoo.com
  Prime Minister Boris Johnson warned Monday there were "no circumstances" in which he would delay Brexit, as his own MPs joined with opposition lawmakers to try to stop him taking Britain out of the European Union next month without a deal.The main opposition Labour party, working with rebel Conservative MPs, fear that Johnson's threat to leave the EU without a deal next month could cause huge economic disruption.
  
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• Guatemala arrests ex-1st lady, presidential runner-up Torres

  02-09-2019 19:50 via news.yahoo.com
  Former Guatemalan first lady and presidential runner-up Sandra Torres was arrested Monday on charges of campaign finance violations, the latest high-profile political figure to face allegations of malfeasance even as a U.N. anti-graft commission is set to shut down.Investigators searched Torres' Guatemala City home in the morning and transported her to court, handcuffed, with her face obscured by a scarf, a hood and dark glasses.Prosecutors said she is accused of unregistered electoral financing
  
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• Hurricane Dorian: millions in coastal US warned to 'get out now' ahead of storm

  02-09-2019 19:48 via news.yahoo.com
  Officials in Florida, Georgia and the Carolinas on Monday issued mandatory evacuation orders as 155mph winds batter BahamasPeople check out the waves in the ocean as Hurricane Dorian continues to make its way toward the Florida coast on Monday in West Palm Beach, Florida.Photograph: Joe Raedle/Getty ImagesThe islands of the northern Bahamas continued to receive a pounding from Hurricane Dorian’s 155mph winds on Monday before the most powerful Atlantic cyclone of modern times set its sights
  
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• U.S. and Poland Ink 5G Security Agreement Amid Anti-Huawei Campaign

  02-09-2019 19:36 via news.yahoo.com
  (Bloomberg) -- The U.S. and Poland agreed Monday to a deal designed to secure 5G wireless networks in the European country, a move that could result in blocking Huawei Technologies Co. and other Chinese telecommunications firms from its networks.The deal with Poland comes as the U.S. has been courting companies to reject Chinese technology in their next generation of wireless networks, telling allies it could put their citizens’ data at risk of espionage. It was signed by U.S. Vice Preside
  
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• Brother of British woman killed by expat husband pleads with UAE judge for murder sentence

  02-09-2019 19:26 via news.yahoo.com
  The family of a murdered British woman has said Dubai will set a "dangerous" precedent if it releases her husband from prison this week, two years after he bludgeoned her to death with a hammer.  Francis Matthew, 62, will fight his murder conviction on Wednesday on the grounds that his wife, Jane, provoked him during an argument at their Dubai family home. Two years into a potential 15 year sentence, his lawyers will claim she called him a “loser”, which provoked the attack. &nb
  
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• The Latest: Brexit: Boris Johnson doesn't want election

  02-09-2019 19:20 via news.yahoo.com
  British Prime Minister Boris Johnson says he doesn't want an election and has urged legislators not to undercut Britain's negotiating position with the European Union.Johnson said in a brief televised address Monday that there are "no circumstances" under which he would accept a delay to Brexit, which is scheduled for Oct. 31.The prime minister insists the prospects for a new deal with EU leaders are rising because EU officials know Britain has a clear vision of what it wants.
  
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• U.S. wants Brexit that encourages stability in Ireland: Vice President Pence

  02-09-2019 19:15 via news.yahoo.com
  The United States wants the terms of Britain's exit from the European Union to protect stability on the island of Ireland and respect Northern Ireland's 1998 peace deal, U.S. Vice President Mike Pence said on Monday.A proposed clause in Britain's EU divorce deal designed to protect the peace deal by ensuring an open border between Ireland and Northern Ireland has become the key sticking point in efforts to agree a managed exit before Britain's exit date of Oct. 31, raising fears of a chaotic wit
  
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• Dive boat sinks in flames off California, 34 missing

  02-09-2019 19:11 via news.yahoo.com
  A commercial scuba-dive boat sank amid intense flames early Monday off the coast of Southern California and 34 passengers were unaccounted for, the US Coast Guard said.Fire crews in helicopters, small boats and a Coast Guard cutter spent hours desperately battling the fierce pre-dawn fire on the 75-foot (23-meter) Conception, which had been on a diving excursion around Santa Cruz Island.Five Conception crew members were awake and jumped into the water when flames burst out around 3:15 am (1015 G
  
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• Five rescued, 34 missing in California boat fire -U.S. Coast Guard

  02-09-2019 19:09 via news.yahoo.com
  A search was under way on Monday for 34 missing after a pre-dawn fire sank a commercial diving boat off a Southern California island, authorities said, and some local media outlets reported that some passengers were killed.Five crew members were rescued by a "good Samaritan pleasure craft" after the fire was reported at 3:15 a.m. local time as the 75-foot (23-meter) vessel sat about 20 yards (18 meters) off of Santa Cruz Island, the U.S. Coast Guard said in a statement."The crew was already awak
  
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• Hong Kong leader Carrie Lam recorded saying she 'would resign if she could'

  02-09-2019 18:54 via news.yahoo.com
  Hong Kong’s embattled leader Carrie Lam has said she “would resign if she could”, according to an audio recording of a speech she gave to a group of businesspeople last week. In often anguished remarks, she apologised for igniting the “unforgivable chaos” in the city and said her room to respond was “very limited” as the Chinese government now considers the protest movement a national security issue. “If I have a choice,“ she said, &rdqu
  
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• UPDATE 1-Migrants disembark from German rescue ship seized in Italy

  02-09-2019 18:42 via news.yahoo.com
  More than 100 migrants aboard a German migrant rescue ship that had been stranded at sea for a week were allowed to disembark in Sicily on Monday after Italian police confiscated the boat.The ship's captain had earlier set course for the Sicilian port of Pozzallo, citing an emergency because of bad weather and sparking a new standoff between rescuers and Italy's far-right interior minister just as he looks set to lose his job."The people who were aboard the Eleonore for eight days now land in Po
  
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• Fighting Over Grazing Land Is Spreading to Nigeria’s South

  02-09-2019 18:41 via news.yahoo.com
  (Bloomberg) -- Fighting between farmers and cattle herders in Nigeria is spreading from the center to the south and fueled by a proliferation of weapons, according to a United Nations envoy. “Nigeria needs urgent action to end the pressure cooker of violence, which is claiming thousands of lives,” Agnes Callamard, UN Special Rapporteur on Extra-Judicial Executions, told reporters Monday in the capital, Abuja. “Poverty and climate change are adding to these issues.”The gov
  
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• Hurricane Dorian: ‘Extremely dangerous’ storm kills five in Bahamas as Donald Trump plays golf

  02-09-2019 18:38 via news.yahoo.com
  Five people have been killed by Hurricane Dorian in the Bahamas, the nation’s prime minister has revealed, as Donald Trump spent part of the day playing golf.As the Category 4 storm pummelled the Bahamas with 233kph (145mph) winds, triggering huge damage and massive flooding, Hubert Minnis said at least five people had been killed and that more than 20 had been injured.
  
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• Palestinians demand women's protection after suspicious death

  02-09-2019 18:35 via news.yahoo.com
  Social media posts have alleged that Israa Ghrayeb, 21, died following beatings by her family members in a supposed "honour killing".The family denies the claims and insists Ghrayeb, from Beit Sahour near Bethlehem in the southern West Bank, had a stroke.The death has caused anger in the occupied West Bank, with the hashtag "We are all Israa Ghrayeb" trending on Palestinian social media.
  
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• Hong Kong director says protests could suddenly calm

  02-09-2019 18:35 via news.yahoo.com
  Hong Kong's prince of sensual cinema praised the territory's love of freedom Monday but said he hoped unrest there could calm as quickly as it did after an anti-colonial revolt in 1967.Veteran director Yonfan hailed Hong Kongers' deeply engrained democratic spirit as he premiered his new love story, "No. 7 Cherry Lane", at the Venice film festival.Yonfan, 71, said the 1967 clashes -- which also lasted several months -- mysteriously faded as quickly as they had erupted.
  
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• Hurricane Dorian Is Barely Moving at All. Here's Why That Makes it Especially Dangerous

  02-09-2019 18:20 via news.yahoo.com
  Dorian packs winds of over 150 miles an hour, but the storm itself is crawling along
  
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• Facing criticism over deportations, U.S. to look again at some deferral requests

  02-09-2019 18:19 via news.yahoo.com
  The Trump administration, facing criticism over deportations from lawmakers and civil rights groups, said on Monday it would reopen consideration of some deferral requests for compelling circumstances such as medical conditions.In August, the U.S. Citizenship & Immigration Services (USCIS) said it was "no longer entertaining" such requests from people outside the U.S. military, but on Monday said it would reopen and complete cases that were pending on Aug. 7, the day the new policy took effe
  
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