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Tag: crash

Why airliners in Cuba and Iran crash so much

Why airliners in Cuba and Iran crash so much

Finance
WHEN the dream of a smooth flight turns into the nightmare of an airliner crash, understanding what went wrong is sometimes straightforward. That was the case with a Malaysia Airlines flight which crashed in the summer of 2014, killing 298. This week Dutch and Australian investigators conclusively showed that it was shot down by a missile fired by Russian armed forces. But in other cases it is much harder to apportion blame. Such is the complexity of civil aviation that air-crash investigators spend years sifting through wreckage, recordings and data logs to work out what went wrong. Often technological, human and environmental faults are the main culprits. But another factor can be argued to have caused many of the world’s deadliest air disasters so far this year: economic sanctions...
The 60/40 stock-bond weight rule needs to go on a crash diet

The 60/40 stock-bond weight rule needs to go on a crash diet

Finance
The classic 60/40 rule — an investor should put 60 percent of their portfolio in stocks and 40 percent in bonds — is popular for a reason: It has a good historical track record of delivering equity-like returns, while lessening the risk of serious annual portfolio drawdowns.Here are a few basic statistics that prove that point.Since 1928 — the first year data were available — a 60/40 portfolio of the S&P 500 and 10-Year Treasurys has delivered an average annual total return of 9 percent, or 78 percent of the total return for just the S&P 500 (11.5 percent). After inflation (using annual CPI) this translates to a 5.9 percent average total return for 60/40, or 70 percent of the average real returns for the S&P 500 (8.4 percent).More from Fixed Income Strategies:Where the bonds ar
15 die in bus crash involving Canadian junior hockey team

15 die in bus crash involving Canadian junior hockey team

World
April 7 (UPI) -- A bus carrying a Canadian junior league hockey team collided with a semi-truck in Saskatchewan, killing 15 people and injuring 14 others Friday night, police said.The crash occurred 18.5 miles north of Tisdale when members of the Humboldt Broncos were headed to Nipawin for a Saskatchewan Junior Hockey League playoff game. The crash occurred on Highway 35, ear the junction of Highway 335, when a semi-trailer collided with the bus, the Royal Canadian Mounted Police said.The bus contained 28 people, including the driver, 24 athletes ages 16 to 21 and their coaches, crashed around 5 p.m., police said.Three people were in critical condition, the Royal Canadian Mounted Police told CNN partner CTV.Among those killed were the coach and team captain. Darcy Haugan's family members c...
Chinese space station to crash to Earth on Easter

Chinese space station to crash to Earth on Easter

Technology
China's first prototype space station is to crash to Earth over Easter scientists expect, amid rumours that the Chinese space agency has lost control of the craft.Known as Tiangong-1 - meaning "heavenly palace" in Chinese - the craft is expected to drop out of orbit over the next week and plummet through Earth's atmosphere at a speed of seven kilometres per second.Although the bus-sized spacecraft is most likely to burn up upon re-entry, some scientists fear that debris could survive the atmosphere and land anywhere 43 degrees either side of the equator.Reseachers have warned that a number of the spacecraft's parts - including its dense rocket engines - would be unlikely to burn up, leaving chunks of the craft to crash towards the planet's surface.The not-for-profit Aerospace Corporation p...
Suzuki drops Ant and Dec after drink-drive crash

Suzuki drops Ant and Dec after drink-drive crash

Entertainment
Ant McPartlin and Declan Donnelly have been dropped by car company Suzuki over McPartlin's drink-driving charge.The Japanese car-maker is withdrawing its advertising campaign with the presenting duo, with "no further material to be aired"."We agree with ITV and Ant & Dec that it was the correct decision not to broadcast Saturday Night Takeaway this weekend," a statement from Suzuki GB said."As a car brand we recognise the seriousness of Ant's charge."The company said it "completely supports Ant's decision to seek treatment"."Suzuki will however continue to sponsor the last two episodes of this series of Saturday Night Takeaway with our current idents," it said."Suzuki very much supports Dec and ITV's decision to broadcast the shows and as headline sponsors we also want to support the c...