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Six dead, 30 soldiers missing in West Papua jungle

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The soldiers are trying to bring back Phillip Mark Mehrtens, who was abducted by rebels in February

 
At least six people have died, and 30 soldiers are feared missing in the West Papua jungle, after trying to search and free a New Zealand pilot.

The pilot, Phillip Mark Mehrtens, was abducted by rebels in February, but heavy rain and foggy weather made the rescue attempt more treacherous.

The rebels stormed a single-engined plane shortly after it landed on a small runway in Paro in remote Nduga district and abducted its pilot.

The plane was scheduled to pick up 15 construction workers, who had been building a health centre, after separatist rebels threatened to kill them.

It has been confirmed nine soldiers are being held by the rebels.

“It’s still unknown exactly how many Indonesian army troops died and were injured,” Papua military spokesperson Col Herman Taryaman said.

“We are still searching, but heavy rain, foggy weather and a lack of communication have hampered our search and evacuation efforts.”

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Markets brace as U.S. government reopens ahead of key Fed signals

U.S. government funded through January; traders anxious amid economic data delays and potential December rate cut.

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U.S. government funded through January; traders anxious amid economic data delays and potential December rate cut.


The U.S. government is funded through January, averting another shutdown for now, but economic data delays and shifting Fed expectations are keeping traders on edge.

Markets now price in a 64% chance of a December rate cut as officials deliver crucial speeches this week.

#USMarkets #FederalReserve #GovernmentShutdown #InterestRates #USEconomy #WallStreet #Inflation #Treasury #FinanceNews #GlobalMarkets


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Starmer under strain as leadership rumours grow

Keir Starmer faces internal pressure and speculation of a leadership challenge ahead of the crucial Autumn Budget.

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Keir Starmer faces internal pressure and speculation of a leadership challenge ahead of the crucial Autumn Budget.


UK Prime Minister Keir Starmer faces mounting internal pressure amid talk of a leadership challenge and economic strain ahead of the Autumn Budget.

Chancellor Rachel Reeves’ looming tax decisions and Starmer’s sinking approval ratings are fuelling speculation across Westminster.

#UKPolitics #KeirStarmer #LabourParty #RachelReeves #AutumnBudget #LeadershipChallenge #BritishPolitics #Westminster #Economy #UKNews


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SoftBank sells Nvidia stake to fund massive AI push

SoftBank sells $5.8B Nvidia stake to invest in AI, sparking analysts’ views on Masayoshi Son’s bold gamble.

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SoftBank sells $5.8B Nvidia stake to invest in AI, sparking analysts’ views on Masayoshi Son’s bold gamble.


SoftBank has sold its entire $5.8 billion Nvidia stake to double down on artificial intelligence, investing heavily in OpenAI and the colossal $500 billion Stargate data-centre project.

Analysts say it’s Masayoshi Son’s boldest tech gamble yet.

#SoftBank #Nvidia #OpenAI #AI #MasayoshiSon #Stargate #TechNews #Investing #DataCenters #ArtificialIntelligence


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