WASHINGTON: New York Sen. Schumer is concerned about airlines charging passengers for the ability to use space in the overhead bin as one day airlines will be able to charge to stow a suitcase – @AceFinanceNews

#AceFinanceNews – Jan.22: New York Senator Schumer said on Sunday airlines should not charge for overhead bin storage…

The New York Democrat says passengers who purchase new “basic” fares offered by United Airlines and American Airlines won’t be able to store carry-on baggage in the overhead bins.

He says he worries other airlines will follow suit and that one day all passengers might have to pay extra if they want to stow a suitcase overhead.

Schumer said Sunday that all passengers should be allowed to use the overhead bins without extra charges.

The airlines argue that the new “basic” fares are simply a way to give passengers a cheaper alternative to standard fares, which come with overhead bin privileges CBS local reported

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YEMEN: Minister of Planning and International Cooperation Mohammed Al Saadi announced that the World Bank ’s grant of $450 million in aid to help cope with a humanitarian crisis – @AceFinanceNews

#AceFinanceNews – Jan.22: Yemen is to receive a ‘ Grant of $450-million in aid from the World Bank it’s reported on Saturday..

Yemeni Minister of Planning and International Cooperation Mohammed Al Saadi announced that the World Bank’s grant of $450 million in aid to help Yemen cope with a humanitarian crisis, after nearly two years of war, will be chiefly diverted into the health, education and nutrition programs.

The World Bank plans to donate funds to health and nutrition projects throughout Yemen, which has been embroiled in conflict for the two years. (AFP/File)

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