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FAA delays flights as shutdown enters Day 31
Federal Aviation Administration delayed flights on Friday at airports in Austin and Newark, as staffing issues continue to cause delays and the government shutdown enters its 31st week. The FAA reported that there were staffing problems at nine FAA facilities on Friday, and said this was likely to cause delays in flights later for Houston and Dallas airports. Flight delays averaged 61 minutes in Nashville, 50 minutes in Austin and 101 minutes in Newark. FlightAware, a tracking website for aviation, reported that 2,200 U.S. flight delays and 300 cancellations had occurred as of 12:25 p.m. ET. On Thursday, there were 1,250 canceled flights and 7,300 flight delays in the United States. Sean Duffy, the U.S. Transportation secretary, said that he expected more flight delays to occur in the next few days. Duffy told Fox News' America's Newsroom that there would be more disruptions to the airspace this weekend, and the following week. Staffing shortages in air traffic control caused delays on Thursday at Orlando, Dallas/Fort Worth, and Washington, D.C. The shutdown forced 13,000 air-traffic controllers and 50,000 Transportation Security Administration (TSA) officers to work for free. Delta Air Lines and United Airlines, Southwest Airlines, and American Airlines have all called for Congress to pass a temporary funding bill so that the government can reopen, and to continue discussions on healthcare policy disagreements. Transportation Department officials said that the shutdown caused flight delays because of air traffic controllers' absences. The airlines have repeatedly called for an end to this shutdown, citing safety concerns. The shutdown has worsened existing staffing shortages and threatens to cause widespread disruptions. Even before the shutdown, many air traffic controllers were working six-day weekends and mandatory overtime. (Reporting and editing by Andrea Ricci; David Shepardson)
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Staff of the Border Force patrolling UK waters are planning a strike over pay
The union that represents British Border Force employees announced on Friday, more than 120 staff members who patrol Britain's waterways in "sometimes harrowing" roles plan to go on strike on November 14, to protest pay and working conditions. Most of the UK Border Force's 10,000 staff members work in ports and airports across the UK and abroad. The website of the agency does not provide a breakdown showing how many people are employed to patrol the waters in the UK. The union representing Britain's Public and Commercial Services said that the government started a review of the issue six years ago, addressing the need for standardisation in pay and roles. However, despite long discussions the concerns of the members have not been addressed. The UK interior ministry didn't immediately respond to an inquiry about the planned stoppage of one day or the status on the review. The union stated that workers are involved in dangerous tasks such as patrolling for illegal entry or smuggling into the UK and boarding vessels to inspect them, responding to incidents including small boats with asylum seekers, and boarding vessels for inspection. The Labour Party of British Prime Minister Keir starmer, which is trailing in the polls, has promised to crush the gangs that traffic migrants into Britain via small boats. Nigel Farage’s Reform UK party, a populist party with a strong political agenda has also made illegal immigration a key issue. In a statement, PCS General Secretary Fran Heathcote stated that "this strike sends a message clear to the Home Office": We will not accept further delays or inadequate proposals. Heathcote said, "We are prepared to escalate the situation if needed." (Reporting and editing by Muvija m; Alexander Smith).
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Buffett will send a letter to his children and shareholders as well as Abel's annual letter, according to WSJ
The Wall Street Journal reported on Thursday that Buffett's assistant said Warren Buffett would release a letter on November 10 to his children and Berkshire Hathaway's shareholders. Greg Abel, who will become Berkshire Hathaway's chief executive in February, will write Berkshire Hathaway's annual shareholder's letter. Buffett will step down from his role as chief executive officer at the end this year. He will, however, remain chairman. Abel is a vice chairman of Berkshire but has taken on additional responsibilities since Buffett announced a management change during Berkshire’s annual meeting held May 3. Buffett plans to join other directors in the audience, and not on stage, for next year's meeting. Berkshire has not responded to any requests for comment since Friday. The Omaha-based conglomerate, which will announce its third-quarter results this Saturday. Buffett's letter of November 10, to his children Susie and Howard, and to shareholders is not clear. Buffett sent letters to his family in November 2023, and again in November 2024. In these letters he discussed estate planning. He also expressed gratitude for the opportunities that the U.S. offers. He announced four donations to family charities. Howard Buffett will eventually become the non-executive Chairman of Berkshire. New York Newsroom reported the story.
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Portugal announces that the sale of TAP Airlines has cross-party support
The government of Portugal expects that the partial privatisation process for flag carrier TAP will proceed smoothly. This is due to a rare political consensus across parties and interest shown by Europe's biggest airlines, Infrastructure Minister Miguel Pinto Luz stated on Friday. He stated that the centre-right minority government initially wanted to offer 100% of TAP but settled for 49.9% when the two major opposition parties threatened to stop any larger sale. This led to a “broad consensus” in parliament with the extreme right Chega and Socialist parties. He told a committee of parliament that "dialogue and mutual respect is always the best way for politics." To ensure transparency, the sale of the property will be reviewed and monitored by an independent commission as well as a working group within the parliament. Portugal has relaunched its long-delayed TAP privatisation in July. The aim is to sell a stake of 44.9% to a carrier that can bring global scale and competition, plus an additional 5% for TAP staff. Airlines interested in TAP are required to submit a formal "manifestation" of interest by November 21, and non-binding bids by the end the year. Lufthansa and Air France-KLM have expressed interest in purchasing TAP. British Airways and IAG, the owner of British Airways, also met with the government last year.
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KLM signs two-year contract with unions of ground staff
Dutch airline KLM announced on Friday it had reached a deal with five unions that represent ground staff in The Netherlands for a two-year agreement that included pay increases, bonuses and improved retirement options. The Collective Labor Agreement (CLA), which is retroactive to March 1, this year and ends on February 28, 2027, will be in effect. This includes a salary increase of 3.25 percent in total as well as a one-time payment of 500 euros ($583) net in December 2025, and 250 euros in January 2026. KLM has also agreed to permanentize the 80-90-100% scheme, which allows older workers to work 90% of their working hours and still accrue full pension. "We are happy that we reached an agreement with all five unions. We have reached solid agreements with KLM on remunerations, career development and productivity. The agreement came amid ongoing labor unrest in KLM. Two major unions, FNV and CNV, had rejected the September deal with other unions and continued to organize strikes.
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Tanzania opposition claims hundreds of deaths in protests against voting
Tanzania's main Opposition Party said that hundreds of people were killed this week in protests against elections throughout the country, while the government claimed it was restoring the order following "isolated" incidents. The United Nations has confirmed credible reports that at least ten people have been killed in protests across three cities. This is the first estimate of fatalities made public by any international body since the vote on Wednesday. The government hasn't responded to any requests for comment or released any estimates of casualties. Could not independently verify these figures. Since Wednesday, protesters have been taking to the streets in anger over the exclusion of the two main challengers to President Samia Hassan from the race. They also criticized what they called widespread repression. Police have been accused of using tear gas and firearms to disperse some protests, according to witnesses. The police have imposed a curfew overnight in Dar es Salaam's commercial capital over the last two nights, after burning down government offices and other structures. Since Wednesday, internet access has been interrupted. HIGH SECURITY PRESENCE On Friday, the military and police patrolled Dar es Salaam's streets to prevent people from moving without a valid excuse. The government has extended the order for civil servants to work from home. John Kitoka, a spokesperson of the CHADEMA Party which was banned from the elections for refusing to adhere to a code and whose leader was arrested in April for treason, said that the party has documented 700 deaths based on the accounts of health workers. He said that protests were still ongoing in several cities on Friday, but they had diminished in others due to heavy security deployment. He said: "We want the protests continue until we get our electoral reforms." Hassan faces a challenge in the unrest. He was praised for his easing of repression after taking office 2021, but has faced criticism more recently from opposition parties and activists following a series arrests and allegations of abductions. Hassan denies allegations of widespread human rights abuses. She claimed that she ordered an investigation last year into reports of abductions. However, no official findings were released. Thursday, the electoral commission announced provisional results of the election. Hassan won a majority in several constituencies. GOVERNMENT : "NORMALICY WILL RETURN" The first direct comments from her government on the unrest were made on Friday by the Foreign Affairs Ministry in a broadcasted message to diplomatic missions on state television. In the message, it was stated that "due to isolated incidents where law and order were violated, the government has increased security and taken other precautionary steps." The statement added that the security measures are temporary, but necessary. Normalcy is expected to return soon. Seif Magango, spokesperson for the U.N. Human rights office, told reporters in Geneva that there are credible reports of 10 deaths in Dar es Salaam and Shinyanga. He urged the protesters to remain peaceful and called for security forces to "refrain from excessive or unnecessary force". A Dar es Salaam local, who requested anonymity for safety, said that a family had lost a member when a protester was mistakenly shot outside a hospital. No one from the police department responded to our requests for comment. In a joint statement released on Thursday, two members of the European Parliament’s foreign affairs committee called the election a fraud, saying that it "took place in an atmosphere of intimidation and fear". The article was written by Vincent Mumo Nzilani, George Obulutsa and edited by Aaron Ross. Ros Russell and Andrew Heavens.
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ITA Airways will resume flights from and to Tel Aviv on January 1, 2019.
Italy's ITA Airways has announced that it will resume direct flights to Tel Aviv on January 1. This will restore connections with Rome's Fiumicino airport, the main airport. According to the statement, the company, which is part of the Lufthansa Group, will operate at first two daily routes between Tel Aviv and the rest of Europe. The route is "of strategic importance to ITA Airways, and it represents a significant move for Italy. It further strengthens the commercial, cultural, and social ties between Italy and the United States." Hamas has reached a fragile truce with Israel this month, brokered by U.S. president Donald Trump. The deal is being tested periodically by violent outbreaks, as part of the conflict that was sparked by the October 7, 2020 attack by the militants group. As a result, several airlines have suspended flights in the past two years.
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Asia spot prices stable on ample stocks and tepid Demand
The Asian spot price of liquefied gas held steady in this week's market, despite a tepid global demand and healthy stocks. Average LNG price for delivery to North-east Asia in December Industry sources estimate that the price per million British Thermal Units (mmBtu) was $11.10, a slight drop from $11.20/mmBtu in the previous week. Arturo Regalado is Kpler's senior LNG analyst. He said that while Asian LNG prices were supported by higher European prices last week, this week's gains were limited by weaker Asian fundamentals. He said that he expects Asian LNG prices to remain stable next week due to the fact that weaker industrial gas demand and lower gas-fired usage in China combined with higher than average Japanese LNG inventories for December will cap any upside. The data from the Ministry of Industry shows that the LNG stocks of the major Japanese electric utilities increased to 1.97 million tonnes for the week ending October 26 compared with 1.84 million tons in October last year. Martin Senior, Argus' head of LNG prices, added that supply expectations were also confirmed this week by the cooling-down cargo declaration at the Golden Pass U.S. export terminal and Shell's announcement of the impending start of the second LNG Canada train. In Europe, S&P Global Commodity Insights estimated its daily Northwest Europe LNG Marker for cargoes to be delivered in December ex-ship at $10.126/mmBtu. This is a $0.53/mmBtu reduction from the December price at Dutch TTF hub. Spark Commodities estimated the November price to be $9.907/mmBtu. Regalado said that the abundance of LNG and pipeline supply helped to keep prices down, while the warmer weather and increased wind output also kept gas-fired generators in check. Last week, hedge funds and institutional investors began selling TTF futures, reinforcing that the bullish sentiment in the EU Gas market has collapsed, according to independent gas analyst Seb Knastle. The U.S. arbitrage for the front month to Northeast Asia via Cape of Good Hope has now been closed, and is marginally pointing towards Europe rather than Asia. However, the arbitrage through Panama remains open, according to Spark Commodities analyst Qasim Afghanistan. He added that LNG freight rates have risen to $61,250/day in the Atlantic, and to $41,250/day in Pacific. Harikrishnan Nair, Harikrishnan Chow and Emily Chow contributed to this report.
Fears of a water war in India sparked by China's mega dam
India is concerned that a Chinese mega-dam planned in Tibet could reduce water flow on a major rivers by up to 85% if it's built during the dry season. This has prompted Delhi to speed up plans for its dam to counteract the effect.
Since the early 2000s, the Indian government has considered projects to control the flow from Tibet's Angsi Glacier. This water sustains over 100 million people in China, India, and Bangladesh. The plans have been stymied by the fierce and violent opposition of residents in the border state Arunachal Pradesh who fear that their villages and way of living will be destroyed by any dam.
In December, China announced it would build the largest hydropower project in the world in a border country just before the Yarlung Zangbo River crosses into India. New Delhi was worried that the long-time strategic rival – which has territorial claims in Arunachal – could weaponize the control of the river. The Siang and Brahmaputra originate in the Angsi Glacier, and are known in India as the Siang.
In May, India's largest power company moved survey material under the protection of armed police near the potential site for the Upper Siang Multipurpose Dam. If completed, this dam would be the biggest in the country. According to two sources who spoke under condition of anonymity, senior Indian officials also held meetings to accelerate construction in this year. One of these was organized by the Prime Minister's Office.
The Indian government's undated analysis of the dam's impact in China outlines Delhi's concerns. Four sources corroborate the details, and this is the first report to include them.
Beijing hasn't released detailed plans about the dam's construction, but the analysis drew on past work conducted by Indian government-affiliated institutions like the Central Water Commission and accounted for the expected size of the Chinese project, which broke ground in July and will cost nearly $170 billion.
Delhi believes the Chinese dam could allow Beijing to divert up to 40 billion cubic meters per year, which is just over a quarter of the water received at a major border crossing, according to sources and documents. This would be most evident in the months that do not include monsoons, when temperatures are high and land becomes barren. Upper Siang's 14 BCM storage capacity would allow India to release water in the dry season. According to sources and documents, the city of Guwahati would experience a 11% reduction in water supply, compared to a 25% decrease if an Indian dam was not built.
Sources said that the project could also be used to mitigate any attempt by Beijing, which would release torrents of water downriver. According to the document, and to the sources, if the dam was at its minimum drawdown - when water is stored below 50% of its height- it could absorb all excess water from a Chinese infrastructure breach. Two sources claim that India is considering the idea of keeping 30% of its dam at all times empty to accommodate surges.
In response to questions, a spokesperson from China's Foreign Ministry said that the hydropower project "has undergone rigorous scientific studies on safety and environment protection and will not negatively impact the water resources or ecology of downstream countries."
The spokesperson said that "China has always taken a responsible approach to the development and use of transboundary river systems, and has maintained a long-term relationship and communication with countries downstream such as India and Bangladesh."
Modi's Office and the Indian Ministries responsible for Water and External Affairs did not reply to questions. State-owned hydropower giant NHPC did not respond to a comment request either.
India's Foreign Ministry has confirmed that S. Jaishankar, a top diplomat in India, raised concerns over the dam when he met with his Chinese counterpart August 18. In August, a Jaishankar deputy told lawmakers that the government had taken measures to protect the lives and livelihoods in downstream areas. This included building the dam.
India was accused of weaponizing the water by Pakistan, an ally of China with whom it had a brief clash in May. Delhi suspended its participation this year in a 1960 treaty on water sharing with Islamabad, and it is now considering diverting the flow of another important river away from its neighbour downstream.
Delhi claims that the tribunal lacks jurisdiction.
DEVELOPMENT OR DESTRUCTION?
In May, when NHPC workers were moving surveying materials near Parong village, angry locals destroyed their machinery, destroyed a bridge nearby and looted tents sent by police to guard the operation.
The majority of these people are from Arunachal, the Adi, who farm paddy, sweet lime, and oranges in the misty hills and valleys that the Siang nourishes.
Villagers have installed makeshift checkpoints on regional roads in order to prevent NHPC employees from entering. This has led to security personnel trekking miles to reach the potential site of the dam, sometimes at night.
According to two sources, at least 16 Adi village are expected to disappear from the storage area. This will directly affect an estimated 10,000 people. Leaders of the community say that more than 100,000 people are affected.
Odoni Pabin, an Adi grocery store owner and mother of two, said, "The cardamom we grow, the paddy, the jackfruit, and the pear that we produce on this land, help us educate our children and provide for our family." "We will fight this dam until it is destroyed."
Arunachal chief minister has backed the dam. He is a Modi party member and has called the Chinese plan an existential danger. The project "will ensure water security and flood moderation in order to counter potential water surges", the state government stated in a press release. It added that it had decided in June that detailed compensation discussions would be held with families who could be affected.
Alo Libang is an Adi lawmaker who represents a region that would be submerged under the Indian project. He believes locals can be persuaded to relocate if they receive generous compensation.
Three sources cited instructions from Modi’s office and said that NHPC plans to spend over $3 million for education and emergency infrastructure in order to encourage villagers to relocate.
According to the Arunachal Government and dozens locals, this is a sign of progress. Three villages in the region recently agreed to allow NHPC officials to carry out dam related work.
India's history is dotted with activist movements that have slowed down large dam projects or forced them into a scale-down.
Four sources claim that even if the Upper Siang Dam is approved, it will take at least a decade for the dam to be built. This means that the project will likely be finished after China's project. Beijing is expecting to generate power in the early-to mid 2030s.
Two sources stated that the delay would make an Indian project vulnerable to a sudden release of water by Beijing during the monsoon, which could cause a flood and wash away temporary dams.
Adi activists and international experts have warned that the construction of large dams on seismically active Tibet or Arunachal can increase risks to downstream communities.
Sayanangshu modak, an expert in the India-China relationship on water at the University of Arizona, said that the Chinese "dam" is being constructed in a seismically active zone and in one where extreme weather conditions are common.
He said that extreme weather events can cause mudslides and landslides as well as glacial lake flooding. "That raises concern about dam safety... It's a legitimate concern, and India should engage China."
(source: Reuters)