Trump pressures for rate cut again ahead of FOMC... "Should be the lowest in the world"
U.S. President Donald Trump. [Photo = The White House] U.S. President Donald Trump once again pressured the Federal Reserve, the U.S. central bank, to lower interest rates on the 27th (local time
“Ignoring crisp ballots and damaged seals”… Tongyeong mayoral recount concludes with ‘no change in outcome,’ leaving suspicions and public outrage behind
Suspected counterfeit ballots discovered in Tongyeong [GIF from social media of Representative Hwang Kyo-ahn / Attorney Park Joo-hyun]During a recount of the Tongyeong mayoral election in South Gyeong
President Yoon, regarding the first-instance ruling on the Public Official Election Act: “An excessive political verdict that distorts the facts… We will appeal immediately.”
The first-instance sentencing hearing for President Yoon Suk Yeol regarding violations of the Public Official Election Act is being broadcast live at Seoul Station on the 27th. [Photo=Yonhap News]Pres
WSJ: "SK Hynix ADR Premium Is a Sign of AI Trading Overheat"
Advertisement for SK Hynix ADR listing in New York's Times Square [Reuters=Yonhap News file photo]The Wall Street Journal (WSJ) has pointed out that the price of SK Hynix’s American Depositary Recei
'Godfather of Japanese Mystery Novels' Keigo Higashino Passes Away After Battle with Cancer at 68
Famous Japanese mystery novelist Keigo Higashino [AFP=Yonhap News]It has been belatedly reported that Keigo Higashino, the "godfather of Japanese mystery novels" and author of bestsellers such as "The
[Park Pil-kyu Security Column] To the Ignorant Trying to Clothe a Beast in Sheep's Clothing
Rep. Kim Byung-joo of the Democratic Party of Korea [Photo=Yonhap News]“The Air Force Academy doesn't teach you how to fly a plane!” “The Army, Navy, and Air Force academies are exactly the
Flights Canceled for Two Days, About 2,500 Flights; Atlanta Airport Averaged 282-Minute Delays
An aircraft passing the control tower. AP Yonhap News.
As the federal government shutdown, led by the U.S. Democratic Party, drags on, thousands of flight cancellations and delays due to a shortage of air traffic controllers are becoming a reality.
According to Reuters on the 8th (local time), the day after the U.S. Federal Aviation Administration (FAA) ordered flight operations reductions, canceled flights reached 1,460 and delayed flights reached 6,000, Yonhap News reported.
On the first day, the 7th, 1,025 flights were canceled and over 7,000 were delayed.
At Atlanta Airport, which is typically heavily congested, flight operations were delayed by an average of 282 minutes.
Reuters reported that the FAA announced it would gradually reduce flight operations by up to 10% at 40 major airports due to concerns for safety, as the prolonged shutdown leads to a shortage of air traffic controller personnel and increased fatigue among remaining staff.
Major U.S. hub airports including New York, Chicago, and Atlanta are included in the reduction targets, and major airlines such as American Airlines, Delta Air Lines, Southwest Airlines, and United Airlines are affected.
U.S. Secretary of Transportation Sean Duffy stated that if more controllers do not report to work, flights may need to be reduced by up to 20%.
FAA Administrator Brian Bedford previously stated that 20-40% of air traffic controllers did not report to work at the beginning of last week.
The federal government shutdown reached its 39th day on the 8th.
Republican Senate Majority Leader John Thune stated on the same day that negotiations between the two parties to end the shutdown had reached a positive turning point, but no agreement has been announced.
The Senate plans to convene unusually on Sunday, the 9th, to resume negotiations.
Editorial Department