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November 9th - Trump: I am pleased to announce that the great attorney John Coale has been nominated as the U.S. Special Envoy to Belarus. He has successfully facilitated the release of 100 hostages and is working to secure the release of another 50. I would like to express my sincere gratitude in advance to the esteemed President Lukashenko of Belarus for considering the release of these additional hostages.U.S. Treasury Secretary Bessant: Substantial progress is being made on the inflation issue, and prices are expected to fall in the coming months.On November 9th, local time, Ukrainian President Volodymyr Zelensky signed a new sanctions decision, imposing sanctions on several Russian government officials and institutions. Ukraine called on the international community to increase pressure on Russia and sanction all individuals and organizations that fund war and spread disinformation. Ukraine stated that this round of sanctions includes "Russian government members involved in the plunder of occupied Ukrainian territories" and personnel from Russian military intelligence. Ukraine also plans to take further measures against publishing institutions within Russia engaged in war propaganda and defense of aggression. According to Ukrainian sources, the sanctions list includes individuals such as Russian Presidential Special Representative Kirill Dmitriev.Iraqs State Oil Marketing Organization (SOMO) announced that Iraq has set its official selling price for December Basra medium crude oil to Asia at a discount of $0.35 to the average price of Oman/Dubai crude oil.November 9th - According to Japans TBS News, a 5.6-magnitude earthquake struck off the eastern coast of Honshu, Japan, at 6:28 PM local time on the 9th, with a focal depth of 10 kilometers. The epicenter was located off the coast of Sanriku, and Morioka City in Iwate Prefecture experienced noticeable tremors with an intensity level of 3. A 6.7-magnitude earthquake had just struck the same area at approximately 5:03 PM local time on the 9th, triggering a tsunami. According to the latest observations, the tsunami has reached several locations in Iwate Prefecture, including Miyako, Kuji Port, and Ofunato. No casualties have been reported so far.

As Leisure Travel Recovers, Australia's Qantas Will Acquire The Bulk of TripADeal

Charlie Brooks

May 24, 2022 09:22

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Australia's Qantas Airways announced on Tuesday that it will acquire a 51 percent stake in online travel operator TripADeal for an unknown sum in an effort to capitalize on the revival of demand for packaged vacations.


In recent months, easing COVID-19 and a revival in leisure travel have fueled a boom in the internet holiday booking business.


The agreement contains a provision for Qantas to acquire full ownership of TripADeal in four years and is expected to contribute to the national flag carrier's 2024 earnings targets.


It would enable regular fliers in the airline's reward program to redeem their points for any TripADeal vacation package, according to the Sydney-based company.


It said that Qantas Loyalty aimed for a return to double-digit growth in 2022 and underlying earnings before income tax of $500 million to $600 million by fiscal 2024.


Qantas said earlier this month that it would acquire the remaining ownership in Alliance Aviation Services for A$610.8 million to increase its footprint in the charter industry.

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