Posts by Amelia Frost
Lesotho, a Small African Nation, Expects a Big Hit From Trump’s Tariffs
[ad_1] The nation that the Trump administration slapped with the heftiest tariff this week is a small, rural, landlocked country in southern Africa that is among the world’s poorest. Lesotho, which makes denim that goes into American-branded jeans, was hit with a 50 percent tariff. It was among several lower-income countries on the continent that…
Read MoreA Sneak Peek Inside Universal’s New Epic Universe Theme Park in Orlando
[ad_1] Believe the hype: Epic Universe, the first major new theme park to open in Central Florida in 26 years, lives up to its name and then some. Honestly, I’m as shocked as you are. But epic-ness was indeed my takeaway after recently spending two days inside Epic Universe as part of “technical rehearsals,” a…
Read MoreThe White House Frames the Past by Erasing Parts of It
[ad_1] Soon after the new administration arrived, things began to go missing from the White House website. They weren’t just the partisan policy platforms that typically disappear during a presidential transition. Informational pages about the Constitution and past presidents, up in various forms since President George W. Bush was in office, all vanished. Thousands of…
Read MoreVerstappen Snatches ‘Special’ Pole For Japan GP With Lap Record
[ad_1] Four-time world champion Max Verstappen smashed the track record to snatch pole position for Sunday’s Japanese Grand Prix ahead of McLaren’s Lando Norris, as Yuki Tsunoda qualified a lowly 15th in his Red Bull debut. Verstappen clocked a blistering lap of 1min 26.983sec in his Red Bull, 0.012sec ahead of championship leader Norris, with…
Read MoreCambodia Hails Opening Of Naval Base Renovated By China
[ad_1] Cambodia’s leader Hun Manet said Saturday there was “nothing to hide” as he inaugurated a naval base renovated in recent years by China, after Washington had voiced concern over Beijing’s role in the upgrades. The United States has said the Ream Naval Base, located off Cambodia’s southern coast, could give China a key strategic…
Read MoreMyanmar Quake Death Toll Passes 3,300: State Media
[ad_1] The death toll from a major earthquake in Myanmar has risen above 3,300, state media said Saturday, as the United Nations aid chief made a renewed call for the world to help the disaster-struck nation. The March 28 quake flattened buildings and destroyed infrastructure across the country, resulting in 3,354 deaths and 4,508 people…
Read MoreIndia’s Modi In Sri Lanka For Defence And Energy Deals
[ad_1] Sri Lanka’s leader rolled out the red carpet on Saturday for Prime Minister Narendra Modi, as Colombo balances ties with neighbouring giant India and its biggest lender, China. President Anura Kumara Dissanayake welcomed Modi — the first foreign dignitary to visit Colombo since the leftist leader swept elections last year — with a 19-gun…
Read MoreFractious Republicans Seek Unity Over Trump Tax Cuts
[ad_1] US senators were set to vote Saturday on unlocking trillions of dollars for sweeping tax cuts promised by President Donald Trump, despite bitter infighting among the majority Republicans over the savings that will be needed to fund them. The row comes with Wall Street leading a global markets bloodbath as countries around the world…
Read MoreAmerica’s Passion For Tariffs Rarely Pays Off, Economists Warn
[ad_1] Long before Donald Trump’s “Liberation Day” announcement, the United States had toyed with imposing high tariffs throughout its history, with inconclusive — and sometimes catastrophic — results. “We have a 20th century president in a 21st century economy who wants to take us back to the 19th century,” Dartmouth College economics professor Douglas Irwin…
Read MoreTrump’s Global Tariff Takes Effect In Dramatic US Trade Shift
[ad_1] US President Donald Trump’s widest-ranging tariffs to date took effect Saturday, in a move which could trigger retaliation and escalating trade tensions that could upset the global economy. A 10 percent “baseline” tariff came into place past midnight, hitting most US imports except goods from Mexico and Canada as Trump invoked emergency economic powers…
Read MoreVital European Defence Startups Still Facing Hurdles
[ad_1] Opportunities and investment have surged for European defence startups since Russia’s invasion of Ukraine, industry players say, with shifts by governments and investors shaking up a sector long a byword for ponderous development. Research published in February by the NATO Innovation Fund (NIF) and market analytics firm Dealroom found that venture capital going into…
Read MoreUS Soybeans, Energy: Who Is Hit By China’s Tariff Retaliation?
[ad_1] US agricultural exports, fuels and manufactured goods are set to take a hit from China’s blanket retaliation against President Donald Trump’s sharp tariffs, with both sets of measures due to take effect next week. After Trump announced a 34-percent new tariff on imports of Chinese goods — taking the added rate imposed this year…
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