News That Matters

Tag: rising

Patriot system, transport ship sent to Middle East among rising tensions with Iran

Patriot system, transport ship sent to Middle East among rising tensions with Iran

Business
May 11 (UPI) -- The Defense Department is moving the USS Arlington amphibious transport dock ship and a Patriot surface-to-air missile battery to the Middle East for additional military strength amid rising tensions with Iran. On Friday, the Pentagon announced the ship and an additional launching system for PAC-3 missiles are part of the U.S. Central Command's original request from earlier this week for additional forces. The command is based in Qatar. They will join the USS Abraham Lincoln Carrier Strike Group and four B-52 bombers for heightened Iranian readiness. "The Department of Defense continues to closely monitor the activities of the Iranian regime, their military and proxies," the Pentagon said in a news release. "Due to operational security, we will not discuss timelines or loc...

UN environment agency warns of effects of rising sand use

Technology
The U.N.'s environment program is warning about the overuse of sand resources, saying a three-fold increase in demand over the last 20 years amid increasing population, urbanization and building work has contributed to beach erosion, flooding and drought. In a new report launched Tuesday, UNEP urged a re-think about the use of the world's second-most extracted resource, after water, by industry, governments and the public. UNEP said demand for sand and gravel amounts to 40-50 billion tons every year, and pointed to the need for conservation, recycling and a look for alternatives like sawdust. Pascal Peduzzi, director of a UNEP program with the University of Geneva, said more thought needs to be taken: "We aren't very smart about how we use sand, because we think: This is just sand."Let's ...
84% Indians feel the pinch of rising uncertainties in life; report says

84% Indians feel the pinch of rising uncertainties in life; report says

Finance
Even as the burden of life’s uncertainties and awareness around the need to buy protection covers has grown, majority of Indians continue to be underprepared to deal with them, a study carried out by private life insurer Aditya Birla Sun Life Insurance (ABSLI) has found. A whopping 84% of over 2,000 respondents said they felt life is now extremely uncertain compared to 79% who held the view in 2017 and 75% in 2013, the previous editions of the survey. Proportion of women who shared the view was slightly higher at 85% - compared to 84% in case of men - up from 83% in 2017 and 76% in 2013. Not surprisingly, securing family’s future (36%) and children’s education (36%) remain top two causes of uncertainties. Yet, less than half of those polled (44%) said they were completely prepa
The week ahead: Jobs report needs to silence rising worries about the economy

The week ahead: Jobs report needs to silence rising worries about the economy

Finance
Job growth has remained vibrant despite the slow-growing economy, and that's a trend investors are anxious to see confirmed in the February employment report on Friday. Even with some economists expecting growth around 1 percent for the first quarter, the labor market has been strong, and economists expect to see 185,000 jobs added in February. The economy is widely expected to bounce back in the second quarter to a pace well above 2 percent, after the temporary headwinds from the government shutdown and polar vortex abate. The jobs data tops the list of important economic news in the week ahead, particularly after a string o...