The U.S Secretary of State, Mike Pompeo, perhaps, shocked Americans and the world on Tuesday, when he predicted that President Donald Trump “would win a second term in office” despite the victory of his opponent, Joe Biden, at the recently held presidential polls. The New York Post reported that Mr Pompeo, during a briefing at the State Department’s headquarters, Pompeo was asked by a reporter whether government officials were “preparing to engage” with Mr Biden’s transition team. “There will be a smooth transition to a second Trump administration,” Mr Pompeo said with a smile. “The world should have every confidence that the transition necessary to make sure that the State Department is functional today, successful today and successful with the president who’s in office on Jan. 20 a minut...
Norwegian Air’s cash crisis could force the debt-laden budget airline to halt operations early next year, the company warned as it issued another plea for rescue funding after reporting quarterly results on Tuesday. The rapid expansion of the pioneer in low-fare transatlantic flights has left it with heavy debts and problems that have been compounded by the COVID-19 pandemic. It is now serving domestic routes only, with just six of its 140 aircraft flying. “Norwegian is dependent on additional working capital in order to continue operating through the first quarter of 2021 and beyond,” the carrier said. The company held cash and cash equivalents of 3.4 billion kroner ($380m) at the end of September, down from 4.98 billion kroner ($550m) three months earlier. Its latest plea comes after Nor...
Egypt’s transport minister Sunday announced proposals to construct a railway line to reach the Sudanese city of Wadi Halfa, and to extend a line in the north to Libya’s Benghazi. The announcement came as part of Egyptian government efforts to overhaul the country’s transport system, including an ailing railway network with a poor safety record. The government decided on “a number rail transport projects that could be carried out in cooperation with investors,” Transport Minister Kamel al-Wazir told a news conference in Cairo. They include “building an Aswan-Toshka railway line that will extend to the city of Wadi Halfa in Sudan,” he said, referring to locations in Egypt’s south and a city just across the border. He also said there were plans to extend the Marsa Matrouh-Salloum line, in Egy...