Skip to main content

Featured

Fuel Cutoff Mystery: Air India Crash Sparks Global Concern

A preliminary investigation into the tragic crash of Air India Flight AI171 has revealed that both engine fuel cutoff switches were flipped just seconds after takeoff, starving the aircraft of power and leading to its fatal descent. The Boeing 787-8 Dreamliner, en route from Ahmedabad to London Gatwick on June 12, crashed into a residential area, killing 260 people — including 19 on the ground — and leaving only one survivor. According to India’s Aircraft Accident Investigation Bureau (AAIB), cockpit voice recordings captured one pilot asking the other why the fuel had been cut off. The response: “I did not do so”. The switches were flipped within one second of each other, a sequence experts say would be highly unusual and difficult to do accidentally. While both engines attempted to restart, only one regained partial thrust before the aircraft crashed. The report did not identify any mechanical faults with the aircraft or its GE engines, and no recommendations were made for Boeing or ...
Post a Comment
Read more

article

Labels

Wall Street Gains on Anticipation of Inflation Report and Fed Chair’s Event

 

Ahead of crucial inflation data and a public event by Federal Reserve Chair Jerome Powell, Wall Street saw a rise in premarket trading on Wednesday. Investors are keenly awaiting Friday’s inflation report, which the Fed will closely monitor for its next rate policy decision. Powell’s subsequent webcast discussion at the Federal Reserve Bank of San Francisco is expected to provide insights into potential rate cuts, with speculation of a reduction as early as May.

The U.S. economy has shown resilience despite higher interest rates aimed at controlling inflation, with the S&P 500 on track for its fifth consecutive winning month after a 9% surge this year. However, recent reports suggest a bumpier path in reducing inflation, with some costs exceeding expectations.

Amidst this economic backdrop, Trump Media & Technology Group’s shares soared after its IPO, despite financial losses and limited user growth. Meanwhile, global shares, particularly in Japan, were influenced by the yen’s decline to a 34-year low, prompting discussions among Japan’s monetary authorities.

Investors remain cautious as they consider whether the market has become overvalued after its recent rally, and analysts emphasize the need for broader profit growth to sustain current stock prices.

Labels:

Comments

Post a Comment