Suspicious package shuts down terminal at GTR Airport

LOWNDES COUNTY, Miss. (WTVA) – The terminal at the Golden Triangle Regional Airport is shut down Christmas Eve morning because of a suspicious package.

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The ticking time bomb that could trigger a new financial crisis

When hedge fund managers from FrontPoint Partners drove through a Florida suburb in the run-up to the financial crisis, they quickly realised the US housing market was built on sand.

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These toxic subprime mortgages were then bundled together in collateralised debt obligations (CDOs), given top ratings from credit agencies, and sold on in a neat, explosive package to buyers unaware that the US housing bubble was about to burst.

The famed hedge fund depicted in Hollywood blockbuster The Big Short would cash in on the market’s over exuberance.

READ MORE: * How Trump’s hair-raising level of debt could bring us all crashing down * Poverty-busting loan scheme hits $2 million * Ultimate Fighting woos Wall Street with blood, guts and yield * Profiling the typical ‘peer-to-peer’ investor

Republican-led House ignores Trump, rejects immigration bill

WASHINGTON — The Republican-led House resoundingly rejected a far-ranging immigration bill on Wednesday despite an eleventh-hour endorsement by U.S. President Donald Trump, as the gulf between the GOP’s moderate and conservative wings proved too deep for leaders to avert an election-year display of division.

The roll call seemed to empower GOP conservatives on the fraught issue. Last week a harder-right package was defeated but 193 Republicans voted for it, 72 more than Wednesday’s total. Another 112 Republicans voted “no.”

“We need to start securing the border and not reward bad behaviour, and that’s what this bill did,” said Rep. Roger Williams, R-Texas. Conservatives have opposed the bill’s provision offering a chance at citizenship for hundreds of thousands of immigrants who came to the U.S. illegally as children, and have said it doesn’t do enough to limit the relatives who immigrants here legally can sponsor for residence.

  • Publisher: CTVNews
  • Date: 2018-06-27T07:39:00-04:00
  • Author: Alan Fram and Lisa Mascaro
  • Twitter: @CTVNews
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