Tag: automatic-earth

July 2, 2015 0

Pilot Pulls Wrong Throttle, Kills 43; Tennessee Train Crash Releases Toxic Fumes, 5,000 Evacuated; Robot-Preventable Accidents

By News Desk

Please consider TransAsia Crash Pilot Pulled Wrong Throttle, Shut Down Sole Working Engine . The captain of a TransAsia Airways ATR mistakenly switched off the plane’s only working engine seconds before it crashed in February, killing 43 people, Taiwan’s Aviation Safety Council (ASC) said in its latest report on Thursday. The ASC’s report also showed that Captain Liao Jian-zong, who was at the controls, had failed simulator training in May 2014, in part because he had insufficient knowledge of how to deal with an engine flame-out on take-off

June 16, 2015 0

Housing Starts Decline 11.1%, Underperform Economists’ Expectations, Still Labeled "Solid"; GDPNowcast Ticks Down 0.1%

By News Desk

Housing Starts Decline 11.1%, Underperform Economists’ Expectations, Still Labeled "Solid"; GDPNowcast Ticks Down 0.1% Housing starts underperformed the Bloomberg Econoday Economists’ Consensus Estimate enough for the Atlanta Fed GDPNow Forecast to give back the 0.1% it gained yesterday, yet the report is still considered "solid". Don’t let the headline fool you, the housing starts & permits report points to solid strength for the housing sector.

June 12, 2015 0

Final Forced Exchange Rate: 175 Quadrillion Zimbabwean Dollars (175,000 Trillion) = $5.00

By News Desk

Final Forced Exchange Rate: 175 Quadrillion Zimbabwean Dollars (175,000 Trillion) = $5.00 For bank account holders in Zimbabwe, the government will do a forced exchange of Zimbabwean dollars to US dollars at the rate 175 Quadrillion Zimbabwean Dollars Per $5.00 . The Zimbabwean dollar will be taken from circulation, formalizing a multi-currency system introduced in 2009 to help stem inflation and stabilize the economy