World Bulletin / News Desk
A data center glitch brought down Twitter for roughly 2 hours on Thursday, as the micro-blogging service suffered its second widespread outage in 5 weeks and another blow to its reputation and reliability.
"I wish I could say that today's outage could be explained by the Olympics or even a cascading bug," said vice president of engineering Mazen Rawashdeh in a blog post after service resumed. "Instead, it was due to this infrastructural double-whammy. We are investing aggressively in our systems to avoid this situation in the future."
On Thursday, users trying to log on to its website were greeted only by an incomplete error message: "Twitter is currently down for. We expect to be back in."
Twitter - infamous for its "fail whale" outage icon in its early years showing a whale held up by a flock of birds - last went dark for several hours on June 21.
The June episode revived fears that stability issues may once again be plaguing Twitter, which claims to have significantly improved its infrastructure. The company blamed that incident on a "cascading bug".
Founded in 2006, Twitter's phenomenal growth means it has struggled to handle the ever-rising volume of tweets. But in recent years, it has devoted considerable resources toward improving reliability in a move to project itself as a mature, polished brand.
Chief Executive Dick Costolo, who has focused on improving the service's profitability and attracting advertisers, said last month that Twitter has 140 million active monthly users who send 400 million tweets daily.
Google Inc's online messaging and voice-calls service - Google Talk - also went down for hours on Thursday in what appeared to be a separate outage. The issue should have been resolved as of mid-morning, according to the company's status update page.
Most analysts predict president Mario Draghi will extend an 80-billion-euro ($86-billion) per month bond-buying scheme beyond the current March deadline at his press conference.
A record-setting wave of Chinese investment abroad has fuelled concern in Beijing over capital flight, reckless spending overseas, and the yuan's fall against the US dollar.
The deal is part of a broader privatisation drive and comes despite Moscow being mired in Western sanctions over the crisis in Ukraine that have played a major part in plunging the country into recession.
Germany’s ambassador to Ankara says German companies operating in Turkey should think about tomorrow
After months of disagreement, OPEC members last week hammered out a deal to cut oil output for the first time in eight years.
Ali Shareef al-Emadi predicted growth of 3.4 percent in 2017, in line with an International Monetary Fund estimate and up from a projected 3.2 percent this year.
"Many citizens in advanced economies are facing heightened uncertainty, lamenting a loss of control and losing trust in the system," Carney said in a speech at Liverpool's John Moores University.
European stock markets are also set for a weak start, with Italy underperforming as investors brace for turbulence and political crisis in the euro zone's heavily indebted third-largest economy.
The euro tumbled on Monday after Italian Prime Minister Matteo Renzi said he would resign as he conceded defeat in a referendum over his plan to reform the constitution
Rouhani's 2017-2018 budget is based on oil prices of $50 per barrel, up from $40 last year, with a focus on unemployment, water resources, railways and the environment.
Turkish parliament has already ratified the deal on construction of ‘TurkStream’ natural gas pipeline
The September rate was revised to 9.9 percent from the 10 percent first given last month.
Many analysts had expected the producers' cartel to fail to reach a deal as major players like Iran, Iraq and Saudi Arabia remained divided ahead of the meeting.
The report, which collects views of economists, business contacts and others in the 12 Federal Reserve districts in preparation for the monetary policy meeting next month, noted improved retail sales and home construction in most regions.
If the cartel does not reach a deal to cut output, prices could fall below $40 a barrel