Tag Archives: fears

Stock markets plunge on US-China trade war fears

Stock markets plunge on US-China trade war fearsGlobal stock markets tumbled Tuesday on rising fears of a trade war after US President Donald Trump threatened fresh tariffs on Chinese imports and Beijing warned of countermeasures.



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Former Rolls-Royce engineer 'arrested under Official Secrets Act' amid fears China tried to obtain F-35 fighter jet details

Former Rolls-Royce engineer 'arrested under Official Secrets Act' amid fears China tried to obtain F-35 fighter jet detailsA man in his 70s has been arrested as part of a probe under the Official Secrets Act, police said on Thursday, amid reports he was a former Rolls-Royce engineer suspected of divulging secrets about Britain's new stealth fighter to China. Scotland Yard said the man was arrested on Tuesday afternoon and taken to a police station in Derbyshire before being released under investigation. A search at an address in Derbyshire was ongoing while a search warrant was also executed at an office address in the West Midlands. The man was named by the Sun as  Bryn Jones, a former chief combustion technologist, who it said had been detained in connection with efforts by China to obtain classified information about Britain's new £100million RAF stealth fighter jet. The 73-year-old former Rolls-Royce employee was reportedly held after MI5 received information that classified details were passed to Beijing. Factfile | F-35 Lightning II fighter He was detained in an “ultra-discreet” swoop by officers from Scotland Yard’s SO15 counter-terrorism command at his home on Tuesday, it was reported. Mr Jones, who describes himself as a “visiting professor” in “gas turbine combustion” at the Aeronautical Uni­versity of Xian, central China, denies any wrongdoing, the newspaper reported.  The investigation reportedly centres on information about the F-35 Lightning II jet, which arrived in Britain last week.  Britain has committed to buying 138 F-35 fighter aircraft and has so far bought 48 at a cost of £9.1 billion.   The F-35 programme is the world’s largest defence development, worth over $ 1.3trillion. UK industry provides 15 per cent of each of the 3,000 aircraft currently on the order books and at peak production 25,000 British jobs will be supported throughout the supply chain.  



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Hawaii volcano latest: Molten lava flows onto power plant site amid fears over deadly gases

Hawaii volcano latest: Molten lava flows onto power plant site amid fears over deadly gasesMolten lava from Hawaii’s erupting Kilauea volcano crept onto the site of geothermal power plant as workers raced to shut down facilities, amid fears that deadly gases could be released. Crews worked to cap underground wells at the plant, which provides a quarter of Big Island’s power, as the molten rock destroyed a warehouse a few hundred metres away. If lava enters the wells at the Puna Geothermal Venture plant, it could trigger the uncontrollable release of noxious sulphates, officials have warned.



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Hawaii Volcanoes National Park Is Going to Close Over Fears of an 'Explosive Eruption'

Hawaii Volcanoes National Park Is Going to Close Over Fears of an 'Explosive Eruption'Hawaii's Kilauea volcano could soon send boulders and ash shooting out of its summit crater



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Trump’s tariff proposal brings threats of retaliation, fears of potential job losses

Trump’s tariff proposal brings threats of retaliation, fears of potential job lossesAfter President Trump proposed tariffs on important steel and aluminum, Europe has threatened its own taxes on some U.S. products, with experts warning there could be negative consequences for American workers.



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Magnitude-7.9 quake off Alaska sparks brief West Coast tsunami fears

Magnitude-7.9 quake off Alaska sparks brief West Coast tsunami fearsBy Yereth Rosen ANCHORAGE (Reuters) – Tsunami alerts were lifted on Tuesday for the U.S. West Coast and western Canada after a magnitude-7.9 earthquake struck in the Gulf of Alaska, sending the state’s coastal residents inland to seek shelter from possible tidal waves. In Alaska, people packed into high schools and other evacuation centers after the quake hit shortly after midnight local time (0900 GMT). Officials had warned residents as far south as San Francisco to be ready to evacuate coastal areas but by 5:15 a.m. PST (1315 GMT) the U.S. National Weather Service had lifted all tsunami advisories, watches and warnings for California, Oregon Washington and Alaska.



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Fears of serial child killer in infamous Pakistan city

Fears of serial child killer in infamous Pakistan cityThe rape and murders of a dozen children by a suspected serial killer have terrified parents in central Pakistan, and prompted soul-searching over how the country fails to protect its most vulnerable. The killing of six-year-old Zainab Fatima Ameen became the tipping point last week when her body was found on a rubbish heap near her home in the city of Kasur. Candlelight vigils were held across the country and the hashtag #JusticeForZainab trended on social media, with celebrities, opposition politicians and outraged web users demanding action.



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Oil tanker's sinking off China raises environmental fears

Oil tanker's sinking off China raises environmental fearsThe sinking of an Iranian tanker off China could severely damage marine life, environmental experts warned Monday, as state media reported an oil spill covering up to 50 square miles at the scene. The Sanchi, carrying 136,000 tonnes of light crude oil from Iran, went under on Sunday after a new and massive fire erupted, sending a cloud of black smoke as high as one kilometre above the East China Sea. “Oil spills from the ship are still burning” at the scene, China’s transport ministry said Monday.



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As Putin seethes over Olympic ban, doping whistleblower fears for his life 

As Putin seethes over Olympic ban, doping whistleblower fears for his life The whistleblower who exposed Russia’s systematic doping of Olympic athletes has been warned by U.S. officials that Russian agents may be inside the United States looking for him and that new security measures needed to be taken to insure his safety, the lawyer for the whistleblower tells Yahoo News.



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Puerto Rico fears economic downturn from new tax overhaul

Puerto Rico fears economic downturn from new tax overhaulSAN JUAN, Puerto Rico (AP) — The sweeping federal tax rewrite approved Wednesday outraged officials in Puerto Rico, who said it threatens to crush the backbone of the island's economy at a time when they need substantial help recovering from Hurricane Maria.



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