Wednesday, 22 May 2024

Private plane crashes in Louisiana, killing at least 5

Death toll in Mogadishu bombing rises to at least 90: international organization

NAIROBI (Reuters) – At least 90 people were killed in a truck bombing in Mogadishu on Saturday, according to a report from an international organization working in Somalia.

The death toll from the blast had earlier been reported as 61.

Instagram's biggest earners of 2019 – from money magnet Cristiano Ronaldo to highest paid woman Kendall Jenner

FOOTBALL superstar Cristiano Ronaldo was the biggest earner on Instagram this year – netting an incredible £38.2m.

The 34-year-old Juventus ace pocketed an average £780,000 per sponsored post – beating his long-standing rival Lionel Messi into second spot.

A new rich list compiled by Buzz Bingo shows model Kendall Jenner was the higher female Insta earner on the planet in 2019.

She banked a total of £12.7m over the year – which is FOUR TIMES more than her reality star sister Kylie.

David Beckham was the highest paid British star on the rich list for his posts to his 59.9million followers.  

The 44-year-old is such a hit on the social media platform he scooped a whopping £8.6m.

Here is the Top 10 list of the mega earners….

1. Cristiano Ronaldo

Ronaldo made 34 sponsored posts on Instagram over the year – raking in £38.2m for his efforts.

That boils down to a bank-busting £780,000-per-post for the much-loved Portuguese winger.

Over the year he promoted Nike, his fragrance CR7 Play it Cool and even a hair loss consultation site.

Philosophers and Nutcrackers

The Berggruen Institute, a deep-pocketed think tank, awarded Ruth Bader Ginsburg its $1 million prize for philosophy and culture at the New York Public Library on Dec. 16. And the New York City Ballet, along with the School of American Ballet, held a benefit performance of “The Nutcracker” at Lincoln Center on Dec. 14.

Algeria names Abdelaziz Djerad as its new prime minister

CAIRO (Reuters) – Algeria’s president Abdelmadjid Tebboune named Abdelaziz Djerad as the country’s new prime minister on Saturday, state TV reported.

Djerad is a former diplomat who teaches political science at the University of Algiers.

Hedge Funds Stay Bullish on Oil Amid Trade Truce, OPEC+ Cuts

Hedge funds are approaching the end of the year more optimistic on global oil prices than they’ve been since May.

Their net-bullish wagers on Brent crude climbed for the ninth week in 10, reaching a seven-month high, data released Friday show. The U.S.-China trade truce and OPEC’s commitment to deeper cuts have pushed futures to their highest since an attack on Saudi facilities in September. But skepticism is also creeping in, with short-selling increasing the most since October.

“It’s a disaster waiting to happen,” said Bob Yawger at Mizuho Securities USA. “We’re seeing the largest net-long speculative position” in both West Texas Intermediate and Brent in seven months, he said.

Money managers’ Brent net-long position, or the difference between bullish and bearish bets, climbed 1% to 402,455 futures and options, the highest level since May, according to ICE Futures Europe data for the week ended Dec. 24. Long-only wagers rose 2.4%, while shorts increased 11%.

The U.S. Commodity Futures Trading Commission will release its report with wagers on West Texas Intermediate crude on Monday because of the Christmas holiday.

Turkey protesters call for return of those abducted by PKK

They claim Kurdish party HDP has been forcibly recruiting or luring their children and relatives to fight for the outlawed group.

    A protest in Turkey by people calling for the return of their children and relatives from the Kurdistan Workers’ Party, or PKK, has entered its fourth month.

    Stationed outside the headquarters of the Peoples’ Democratic Party, or HDP, in Diyarbakir province, the protesters claim the party has been forcibly recruiting or luring their children and relatives to fight for the outlawed group.

    Al Jazeera’s Mohammed Adow reports from Diyarbakir.

    Christmas Eve shooting: Family of man shot on Battersea doorstep are in ‘shock’

    The family of the man shot to death in front of his wife and young child on Christmas Eve have said they are “in a state of shock”.

    Flamur Beqiri, 36, is thought to have been killed in a targeted attack and may have criminal links in Sweden, according to police.

    More follows…

    Private plane crashes in Louisiana, killing at least 5

    Boeing 737 Max production suspension may force regulators to get plane airborne

    FOX Business’ Gerri Willis reports on the impact 737 Max production suspension will have on Boeing’s value.

    At least five people died on Saturday when a private, twin-engine plane with six passengers on board crashed in Louisiana.

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    The plane came down near a Walmart and U.S. Post Office at the intersection of Verot School Road and Feu Follet, according to local media.

    Lafayette Fire Chief Robert Benoit confirmed to KLFY that there were five fatalities at the scene.

    The incident took place at 9:22 a.m. local time, Lafayette Police Lt. Scott Morgan told Fox News.

    “We know it came down in a parking lot,” he said. The plane had taken off from Lafayette Regional Airport.

    While trying to make an emergency landing, the plane reportedly hit a power line, according to local reports, blowing out the windows over a nearby post office. The local Walmart is closed and has been evacuated.

    This is a developing story. Please check back for updates. 

    Fox News' Lucia I. Suarez and Robert Gearty contributed to this report. 

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