The International Air Transport Association is lowering its forecast for the airline industry this year to $28 billion from $35.5 billion amid rising fuel prices and weakening world trade.
The Montreal-based IATA said Sunday that “margins are being squeezed by rising costs right across the board, including labor, fuel, and infrastructure.”

Acting Defense Secretary Patrick Shanahan said Sunday that so far he sees no need to restore large-scale military exercises with South Korea that have been curtailed over the past year as a diplomatic olive branch to North Korea.
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U.S. Secretary of State Mike Pompeo said Sunday that the Trump administration is ready for unconditional discussions with Iran in an effort to ease rising tensions that have sparked fears of conflict.
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A towering, out-of-control cruise ship rammed into a dock and a tourist river boat on a busy Venice canal on Sunday morning. Italian media reported that at least five people were injured in the crash.
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The IDF says two rockets were fired from Syria toward Mount Hermon in the Golan Heights.
The military said Saturday there were no reports of casualties or damage.
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The U.S. Justice Department is readying an investigation of Google’s business practices and whether they violate antitrust law, according to news reports.
The search giant was fined a record $2.72 billion by European regulators in 2017 for abusing its dominance of the online search market.

A longtime, disgruntled city employee opened fire at a municipal building in Virginia Beach on Friday, killing 11 people before police fatally shot him, authorities said.
Six other people were wounded in the shooting, including a police officer whose bulletproof vest saved his life, said Virginia Beach Police Chief James Cervera.

Authorities say a 15-foot python is on the loose in West Virginia.
Morgantown Police say the python slithered out of a truck and escaped into the woods as a man was transporting it late Thursday.

Louisiana’s Democratic governor signed a ban on abortion as early as six weeks of pregnancy Thursday, a move that puts him squarely in line with the leaders of other conservative Southern states while provoking anger from members of his own party.

There was yet ANOTHER hate crime targeting the Orthodox Jewish community in NYC, this one in the Crown Heights section of Brooklyn.
A note with the words “HITLER IS COMING” was placed on a wall at the Jewish Children’s Museum on Eastern Parkway on Thursday.