It all. The nurse circles targeted in the worst east west and off since the cold war. The European Union the United States. Both slapping sanctions on top russians and ukrainians deemed responsible for a breakaway voting find the eu farm ministers and daily travel bans and asset freezes against thirteen russian officials including deputy Prime Minister and the ukrainian officials from crimea. This is the us president spoke. The site told present from yesterday the referendum in crimea was a clear violation of the ukrainian constitutions and international law. Or will not be recognized by the International Community today im announcing a series of measures that will continue to increase the costs on russia and on those responsible for what is happening in ukraine. First as authorized by the executive order aside two weeks ago. We are imposing sanctions on specific individuals responsible for undermining the sovereignty territorial integrity and government of ukraine. Making it clear tha
Since august combining bankrupt american what the much smaller us airways. It has to be approved by the anti antitrust regulators but if this mega merger is approved, four airlines will control about three quarters of the u. S. Airline traffic. Susan mcginnis is in washington with more on this story. Susan, good morning. Good morning. This is the latest mergener this massive consolidation that has taken place over just the last five or six years. This ones going to combine the third and fourth Biggest Airlines to form the largest. Now, the typical winners in these massive deals are usually airlines themselves because they can save on jet fuel and routes and boost profits on wall street. For travelers it often leads to higher fares, fewer flights, and fewer assets. American airlines and us airways are joining forces to join the Biggest Airline in the world. Our best goal Going Forward is to make it the biggest strongest airline in the country, and i suppose thats about to happen. The co
American what the much smaller us airways. If this later airline mega merger is approved, four airlines will control about three quarters of the u. S. Airline traffic. Susan mcginnis is in washington with more on this story. Susan, good morning. Good morning. This is the latest mergener this massive consolidation that has taken place over just the last five or six years. This ones going combine the third and the fourth Biggest Airlines to form the biggest largest. Now, the typical winners in these massive deals are usually airlines themselves because they can save and boost profits and also wall street. For travelers it often leads to higher fares, fewer flight, and fewer seats. American airlines and usz airways are joining forces to join the Biggest Airline in the world. Our best goal Going Forward is to make it the biggest strongest airline in the country, and i suppose thats about to happen. The combined carrier will have American Airlines new look and old name. It combines continen
Will have to sign off on the deal. Theyll look at whether the merger will mean less competition. American will have a monopoly on virtually every route that they fly. If the deal flies, the worlds four Biggest Airlines would control nearly 70 of all air traffic. Experts say ticket prices could take off as a result. Even though people say that you know this particular merger of us airways and American Airlines isnt going to raise ticket prices, i dont believe that one bit. Despite those concerns, the merger is expected to be approved. Now, as the industry consolidate, the big loser is said to be travelers which they really have no alternative to this form of travel. Mergers like this one in the past has led to higher airfares of 20 to 30 in some markets. Ooh, that is going to hurt. Thank you. Susan mcginnis in wark. Well, Oscar Pistorius who made it to the olympics as a sprinter is now in Police Custody after a woman was shot dead in his home in south africa. There are reports that the