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Channel Tunnel Chaos Enters Day Two as Power Fault Drags On

The disruption, caused by a fault in the system's overhead power supply, on Tuesday upended plans for thousands of passengers in London, Paris, Brussels and Amsterdam. Rail passengers travelling between the UK and mainland Europe are enduring a second day of major disruption after a power failure shut down the Channel Tunnel, halting both Eurostar and LeShuttle services. The fault, linked to the overhead power supply, brought traffic to a standstill and left thousands of travellers stranded on both sides of the Channel. Although some services have begun to move again, operators warn that delays and cancellations will continue while engineers work to stabilise the system. Eurostar has urged passengers to avoid travelling unless essential, as many trains remain suspended or heavily delayed. LeShuttle customers are also facing long queues, with significant backlogs reported at both Folkestone and Calais. The timing has added to the frustration, hitting one of the busiest travel per...

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US Job Cuts More Than Double in January, But Labor Market Remains Strong

 

US employers in the financial and technology sectors launched restructuring efforts in January, leading to a significant increase in job cut announcements. 

According to a report released on Thursday, announced layoffs reached 82,300, more than double the number in December. However, the labor market appears strong for workers despite recent job cuts, with the January jobs report showing the 37th consecutive month of job gains and a small uptick in the unemployment rate.

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